Connect with us

National

India to continue growing at fastest pace; could be second-largest economy by 2030: PM Modi

Published

on

Greater Noida | Prime Minister Narendra Modi exuded confidence on Monday that India would continue to be the fastest-growing large economy, and could be the second-largest economy in the world by 2030.

“Leading agencies such as IMF and World Bank project the same trend to continue in the coming years. In an uncertain global economic environment, India has shown tremendous resilience as an anchor of the world economy,” Modi said addressing inaugural address of Petrotech 2019 here.

Modi said, currently, India is fastest-growing large economy in the world… and it “recently became the sixth-largest economy in the world. According to a recent report, by 2030 India could be the second-largest world economy.”

As per a Standard Chartered report, India is likely to pip the United States to become the world’s second-largest economy by 2030. China will on the top spot surpassing US, which will be at the third place, the report said.

On the roller coaster movement of crude oil and pricing of petroleum, he said, “We need to move to responsible pricing which balances interests of both producers and consumers. We also need to move toward transparent and flexible market for both oil and gas, only then we can serve energy needs of humanity in optimal manner.”  He also said that India has made rapid strides in achieving COP21 targets and are on way to achieve those.

He said, “India has the fourth-largest refining capacity in the world. This will further grow up by about 200 million metric tonnes by 2030. Our national bio fuel policy has enacted last year… research on second and third generation bio fuel is being promoted. 12-second generation bio refineries are being set up in 11 states.”

Talking about energy policy of India he said, “We have adopted an integrated approach in energy planning. During the last Petrotech Conference in 2016, I mentioned four pillars for India’s future – energy access, efficiency, sustainability and security.”

He was of the view that energy justice is also key objective for him and a top priority for India. “Toward this end, we have developed and implemented many policies. The results of these efforts are now evident. Electricity has reached all our rural areas. This year, we aim to achieve 100 per cent electrification of households in India through a targeted programme called Saubhagya. As we raise production, we also aim to reduce losses in transmission and distribution,” he added.

He also mentioned that under our UDAY scheme, the government is working towards this objective. India’s World Bank ease of electricity ranking improved from 111 in 2014 to 29 in 2018.

Lauding energy efficiency programmes, he said that LED bulbs distributed across the country under UJALA scheme have resulted in an annual savings of Rs 17,000 crore or nearly USD 2.5 billion. He also said, “Access to clean cooking fuel provide major benefits, especially to women and children from exposure to smoke pollution. LPG connections have been give to over 64 million or 6.4 crore households.”

Petrotech 2019, the 13th international oil and gas conference and exhibition, being organised under the aegis of the Ministry of Petroleum and Natural Gas.

The three-day event, from February 10 to 12, will showcase the recent market and investor friendly developments in India’s oil and gas sector. Over 95 energy Ministers from partner countries and 7,000 delegates from around 70 countries are expected to be part the event.

National

PM Modi inaugurates, lays foundation stone of projects worth Rs 33,000 crore in Bihar

Published

on

By

Barauni | Prime Minister Narendra Modi on Sunday inaugurated and laid the foundation stone of projects worth over Rs 33,000 crore in Bihar, including the Patna Metro Rail Project.

He inaugurated the Patna City Gas Distribution project. The prime minister laid the foundation stone of the Barauni Refinery Expansion Project and the ATF Hydrotreating Unit (INDJET) at Barauni Refinery. He also laid the foundation stone of the Patna Metro Rail Project through a remote at a function in Baruani.

The first phase of River Front Development at Patna was inaugurated and the foundation stone for the Karmalichak Sewerage Network, spanning 96.54 km was also laid by Modi.

The prime minister inaugurated the electrification of railway lines on many sectors and flagged off the Ranchi-Patna AC Weekly Express. He also laid the foundation stone of medical colleges at Chhapra and Purnia.

Continue Reading

National

Punjab extends time period of policy granting reservation in plot allotment to riot victims

Published

on

By

Amarinder Singh

Chandigarh | The Punjab government has decided to extend till December 2021 the time period of a policy under which victims of the 1984 anti-Sikh riots and terror attacks in the state get reservation in allotment of plots or houses by Urban Estates, Improvement Trust and Pepsu Township Development Board.

The time limit of the policy that expired on December 31, 2016, has been extended till the end of December 2021, an official release said here.  he Cabinet, which met here under the chairmanship of Chief Minister Amarinder Singh, considered the demand of the ‘Danga Peerat Committee’ (1984 riot victims’ committee), Barnala and Sangrur, in this regard, “to take the significant decision in the interest of victims of the riots and terrorist violence”.

“Victims of the 1984 riots and terror attacks in Punjab are all set to get a major relief with the Punjab Cabinet deciding to extend to them 5 per cent reservation in allotment of plots/houses by Urban Estates/Improvement Trust/Pepsu Township Development Board, without any financial concession, for five more years (from December 2016),” the release said.

In another decision, the Cabinet gave its nod to “The Punjab Food Grains Transportation Policy 2019-20” for transportation of food grains from ‘mandis’ to its storage points at minimum rates through competitive tenders from various transporters. The decision is aimed at bringing further efficiency and transparency in procurement of food grains operations, the release said.

It said for the upcoming procurement season, commencing from April 1, transportation of food grains beyond eight km would be allowed through a competitive online tender process.

This would be done by district tender committees, of which the respective Deputy Commissioners would be the Chairpersons, with district Food Corporation of India head, district heads of all state procurement agencies and district Controller of Food Supplies as members.

The tenders under this policy would be invited for the financial year 2019-20 and would be valid for the period from April 1, 2019 to December 3, 2009.

Further, to ascertain competitive rates, detailed Schedule of Rate (SOR) guidelines have been incorporated in the policy, listing out rates per metric tonne from more than 8 km up to 52 km. For every additional km beyond 52 km, charge of Rs 3.10 per tonne/kilometer would be applied.

Notably, the state procuring agencies of Punjab including Punjab State Warehousing Corporation (PSWC), PUNSUP, along with Food Corporation of India (FCI), procure food grains every year for the Central Pool or for Public Distribution System at the Minimum Support Price fixed by the Government of India.

Among other decisions, the Cabinet decided to provide the facility of air ambulance to serving/retired High Court Judges and their dependents. It has been decided to accordingly amend the particular Rule of Punjab Services (Medical Attendance) Rule, 1940, which covers Punjab government employees.

At a meeting in the Punjab and Haryana High Court on January 28, 2019, the Chief Justice and other judges had sought amendment to the Punjab Services (Medical Attendance) Rule, 1940, for providing facility of air ambulance in case of emergency to sitting and retired Judges and their dependents.

The Cabinet also approved filling up of 153 vacant sanctioned direct quota posts of 42 professors, 46 associate professors and 65 assistant professors in the Government Medical Colleges at Amritsar and Patiala.

Continue Reading

National

Curfew continues without relaxation in Jammu, efforts on to restore normalcy

Published

on

By

Jammu | Curfew continued without any relaxation in Jammu for the third consecutive day on Sunday even as the Army staged flag march in sensitive areas, officials said.

Senior civil and police officers held a marathon meeting with prominent citizens as part of efforts to restore normalcy in the city, they said. Internal security columns of the Army, which were deployed in the curfew-bound areas, were seen staging flag marches, while dozens of persons were taken into preventive custody to maintain law and order, they said.

Curfew was imposed in Jammu city on Friday following massive anti-Pakistan protests and sporadic incidents of violence over the terror attack in Pulwama district of south Kashmir which left 40 CRPF personnel dead on Thursday. “Curfew continues to remain in force in the city and there is no untoward incident reported during the night or this morning,” Inspector General of Police, Jammu, M K Sinha, told PTI.

He, however, said minor stone-pelting incidents were reported at a few places on Saturday but overall the situation was under control. “The situation is being monitored and a decision to relax curfew will be taken later in the day after fresh review of the situation,” he said.

Sinha along with Divisonal Commisioner, Jammu, Sanjeev Kumar Verma and district development commissioner, Jammu, Ramesh Kumar held a marathon meeting with prominent citizens of different faiths here late Saturday evening.

The officers appealed to participants to play their role in restoring normalcy in the city and frustrate nefarious designs of elements bent upon dividing people on communal lines. “Anti-national elements have a design to divide people. They want to change the narrative of a terror incident into a communal incident. We need to stand up united and do not fall pray to their propaganda,” the IGP said addressing the meeting. He said there is a need to look deeply into the Thursday’s terror attack on CRPF convoy.

“There is a game plan behind the killing of our jawans and it is to divide the society,” he said, asking participants to guide and counsel youngsters to stay away form the violence and help the administration catch those persons who are trying to vitiate the peaceful atmosphere in the region.

The officials said 18 Internal Security (IS) columns of Tiger Division along with air support from White Knight Corps continue to remain deployed in curfew-bound areas including Gujjar Nagar, Janipur, Shahidi Chowk, Talab Khatika, Sidhra and other sensitive areas.

While nine columns were deployed on Friday after a requisition by Jammu civil authorities to bring the situation under control, nine more columns were deployed on Saturday. “Helicopters and UAVs of Army also put into operation to monitor the situation. The proactive approach jointly taken by J&K Police, Civil administration (Divisional Commissioner and District Collector’s office) and Indian Army has ensured the situation in control,” a defence spokesman had said.

The officials said dozens of persons were taken into preventive custody as groups of protesters attempted to defy curfew at some pockets including Janipur and New plot in the city on Saturday. “The police acted promptly and the situation was brought under control,” he said.

Reports of peaceful candle light protests were also reported from almost all district headquarters across Jammu region Saturday night to pay homage to martyrs. Authorities have deployed security personnel in strength in sensitive areas across Jammu region to maintain law and order, the officials said.

Continue Reading

Popular Stories

Copyright © 2018 Theo Connect Pvt. Ltd. info@hwnews.in