Tag: crore

PM Kisan Samman Nidhi Yojana: Rs 51,639.68 Crore Transferred Directly to Farmers – Kashmir News

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PM Kisan Samman Nidhi Yojana: The Yogi Adityanath-led Uttar Pradesh Government presented state’s biggest-ever budget of nearly Rs 7 lakh crore on Wednesday and made big announcement for farmers. With regard to Pradhan Mantri Kisan Samman Nidhi Yojana, the state government said more than Rs 51,639.68 crore has been given to farmers.
“Under the Pradhan Mantri Kisan Samman Nidhi Yojana, in the year 2022-2023, more than Rs 51,639.68 Crores has been transferred directly to the bank accounts of farmers through DBT,” UP Finance Minister Suresh Kumar Khanna said during state budget presentation.
Suresh Khanna further said a budget provision of Rs 7,248 crore has been proposed for old age/farmer pension scheme and Rs 1,120 crore has been earmarked for Divyang Pension Yojana.
The UP government made the announcements about PM Kisan Samman Nidhi Yojana at a time when lakhs of farmers across the country are waiting for the 13th installment of thr scheme.
Under PM-KISAN scheme, every eligible farmer gets Rs 2,000 every four months in 3 installments and the amount gets directly credited to their accounts each year.
According to official sources, 13th installment of PM kisan scheme could be released in the last week of February. Hence farmers must keep checking the official website for latest updates.
Also, they must check beneficiary status as well as beneficiary list to confirm if they will get the next installment or not.
How To Check PM Kisan Beneficiary Status and Account Details
Open PM Kisan official website in your phone or computer

Click on ‘Farmers Corner’ section on the righthand side of homepage
Now again click on the link that says ‘Beneficiary Status’
Enter either your mobile number or registration number
Then click on Get Report
How To Check PM Kisan Beneficiary List 2023
Also, you must check the update PM Kisan Beneficiary List; Here’s the process;
Under farmers corner section on the homepage, click on Beneficiary List
Then select your state, district, Sub-District & village carefully
Click on Get Report
The list will appear on the screen
Under PM Kisan Samaan Nidhi, every eligible farmer is given Rs 6,000 annually. The amount is directly credited to their bank accounts after every four months.

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#Kisan #Samman #Nidhi #Yojana #Crore #Transferred #Farmers #Kashmir #News
( With inputs from : kashmirnews.in )

February 26, 2023
LIC’s investment value in Adani stocks down by Rs 50K crore since Jan

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The investments made in the Adani group companies by state-run insurance giant Life Insurance Corporation of India (LIC) have turned negative as of closing on February 23, according to data analysed from stakes held by the insurance company as per the December shareholding pattern made available on the exchanges.
If some Adani stocks do not find support soon, LIC’s investment in the beleaguered Group, whose listed companies’ share prices have fallen by up to 80 percent, will almost certainly turn negative, as combined profit has now fallen to around Rs 3,000 crore from Rs 53,000 crore profit since the beginning of this year.
Following a sell-off in Adani stocks following the Hindenburg Research report, the combined market value of LIC’s investments in Adani Group was Rs 33,000 crore on February 23, down from nearly Rs 83,000 crore on December 31, 2022. When Hindenburg published its damning report on January 24, the LIC’s investment in Adani Cos was valued at Rs 81,000 crore.
This is primarily due to the significant sell-off in Adani Group stocks.
After the publication of the Hindenburg report, LIC declared on January 30 that at the end of December, it owned Rs 35,917 crores under equity and debt in Adani Group equities.
Since the US-based short seller Hindenburg released their research a month ago alleging accounting fraud and stock manipulation, the market value of the group’s 10 listed firms has fallen by $146 billion, or approximately 60 percent. Adani has refuted the charges.
With the decline on Thursday, LIC’s investments now have a negative value or a loss. It is assumed that after January 30, LIC has not acquired or disposed of any stock in the Group entities.
LIC owns between 1.28 percent and 9.14 percent of the shares in seven publicly traded Adani companies.

The value of LIC’s investment in Adani Ports (APSEZ), in which it owns more than 9 percent, has fallen from Rs 15,000 crore on January 24 to slightly less than Rs 11,000 crore on February 23. Similarly, the value of its 4.23 percent stake in Adani Enterprises has decreased from Rs 16,500 crore to Rs 6,660 crore over the same time period. LIC also owns slightly less than 6 percent of Adani Total Gas.
Since this Adani stock has dropped nearly 80 percent in the last month, LIC’s investment value has dropped from Rs 25,500 crore on January 24 to around Rs 5,200 crore.
LIC holds 3.65 percent of Adani Transmission and 1.28 percent of Adani Green. In one month, the shares of both companies fell 73 percent. The LIC’s investment in Adani Transmission is now valued at Rs 3,000 crore, while the investment in Adani Green is valued at around Rs 1,000 crore. The loss suffered by LIC in Ambuja Cement and ACC is not severe.
According to LIC, its total exposure in Adani Group companies amounts to 0.975 percent of its total assets under management (AUM) at book value.
Meanwhile, most Adani stocks closed with significant losses on Thursday. In one month, the Group’s market capitalisation has dropped by approximately Rs 12 lakh crore.
The stock market’s fallout has resulted in a sharp decline in Gautam Adani’s wealth, which now stands at $42.7 billion, according to the Bloomberg Billionaires index. He has dropped to 29th place on the world’s wealthiest list, down from second place last year.
Gautam Adani is the founder of the Ahmedabad-based conglomerate Adani Group. Infrastructure, commodities, power generation, transmission, real estate, and cement are all areas of interest for the group.
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#LICs #investment #Adani #stocks #50K #crore #Jan
( With inputs from www.siasat.com )

February 24, 2023
Centre to spend Rs 44,950 crore in Bihar under Bharatmala road project: BJP leader

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Patna: Senior BJP leader Ravi Shankar Prasad on Wednesday said the Centre will spend Rs 44,950 crore in 2023-24 in Bihar under Bharatmala, a centrally funded project which aims to build a network of roads, highways and expressways across India.
Prasad, a former union minister, told a press conference that the Centre has also allocated huge funds for the development of roads and highways in Bihar, besides Bharatmala.
The Bharatmala project will connect over 550 districts headquarters of India through six-lane highways. In addition to the development of the highways and roads, a key objective of the project is to improve freight efficiency through highways.
“Besides, the National Highways Authority of India’s ambitious six-lane Greenfield Varanasi-Ranchi-Kolkata expressway will pass through Kaimur, Rohtash, Aurangabad and Gaya districts of Bihar. Of the 610-km-long Varanasi-Kolkata corridor, 162 km will be in Bihar,” Prasad said.
The central government has also decided to construct a Rs 1,000 crore 15-km-long elevated road from Anisabad to Gurudwara Mode on NH-30 in Patna, he said.
“Currently 13 bridges are being constructed in several districts in Bihar and the central government has allocated Rs 23,175 crore for these works. Besides, works for the development of the first multi-modal logistic park on 100 acres of land at Fatuha (in Patna) are already on. The Centre has also made provisions for Rs 1,000 crore for the project,” Prasad said.
The government has also sanctioned funds for several other sectors, including agriculture, tourism, fisheries, science and technology and rural development, the BJP leader said.
He described the Union Budget presented by Finance Minister Nirmala Sitharaman as all-inclusive and far-sighted.

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#Centre #spend #crore #Bihar #Bharatmala #road #project #BJP #leader
( With inputs from www.siasat.com )

February 22, 2023
Hyderabad will produce more than 1,400 crore vaccines, says KT Rama Rao

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Hyderabad: Telangana minister KT Rama Rao on Tuesday said that Telangana produces one-third of human vaccines which is more than 35 per cent, with 900 crore vaccines produced by Hyderabad.
By next year around 1,400 crore vaccines will be produced from Hyderabad, KTR stated.
“Hyderabad also has the largest number of USFDA-approved manufacturing pharmaceutical companies for a single province in the world which is 214 units. The second largest is in New Jersey with 189 units,” KTR further stated.
KTR stated that the third most important thing is Hyderabad also has the largest medical devices park in India where we also have Asia’s largest stunt manufacturing facility, so Hyderabad in fact one of the most important life sciences hubs.
“We are also going to be launching Hyderabad Pharma city which will again be a very large Pharma cluster in the world. So consolidating all these strengths in life sciences our ambition is to continue what we have started and take it to the next level,” he further stated.
He added, “So we have been conducting an event called Bio Asia for 19 years and this year is the 20th year of Bio Asia. Very hopeful with International partners such as the United Kingdom, and Belgium and representatives from more than 55 different countries. With more than 2,500 participants, this event will become a huge success.”
He further stated, “I’m also constantly in touch with various industry bodies and industry associations who participated, we have Nobel laureates and we have world-renowned scientists and also industrialists participating in this event. I’m looking forward to this with great enthusiasm, there will be a number of investment announcements, a number of MOUs announced, and there will be an exhibition where a number of new companies exhibit their products.”

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#Hyderabad #produce #crore #vaccines #Rama #Rao
( With inputs from www.siasat.com )

February 21, 2023
Two Indian nationals win Rs 8 crore in Dubai Duty Free draw

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Abu Dhabi: Two Indian nationals won the grand prize of one million dollars (Rs 8,28,25,700) in Dubai Duty Free draw on Wednesday, February 15, 2023.
40-year-old Menna Saju, Indian national based in Dubai, won one million dollars in Millennium Millionaire Series 414 after buying the lucky ticket number 3831, which she had purchased along with her two other friends online on February 3.
Menna Saju, born and raised in Dubai, works as an HR compensation and benefit specialist for an oil company.
Joining Saju as a fellow millionaire is Prasanth Kethankuzhi, a 37-year-old Indian based in Kerala, who was also won one million dollars in Millennium Millionaire Series 415 after buying the lucky ticket number 4741, which she had purchased online on January 30.
Kethankuzhi, runs a pharmaceutical company in India. He shared the winning amount with four of his friends.
“Thank you so much Dubai Duty Free for this amazing news. It will definitely change our life and our family,” Kethankuzhi was quoted as saying by Gulf News.
Saju and Kethankuzhi are the 205th and 206th Indian nationals, to win one million dollars since the launch of the Millennium Millionaire Show in 1999. Indian nationals make up the highest number of buyers of Millennium Millionaire Dubai Duty Free tickets.

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#Indian #nationals #win #crore #Dubai #Duty #Free #draw
( With inputs from www.siasat.com )

February 17, 2023
World Bank Grants Extension Of One More Year To Rs 1500 Crore Project In J&K

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SRINAGAR: Noting the remarkable progress made over the last 2.5 years, the World Bank has extended the deadline for completion of its Rs 1500 crore project in Jammu & Kashmir by one more year, but made it clear to the Central Government and J&K authorities that any works not completed by December 31, 2023 would need to be completed with the government’s own resources.
In a letter to Union Finance Ministry and J&K administration, a copy of which has been accessed by news agency KNO, the World Bank has accepted the Union Finance Ministry’s request to extend the deadline of the project to December 31, 2023.
“We also refer to the letter from the Department of Economic Affairs, Ministry of Finance F.No. 05/06/2014-FB.VIII/V dated December 19, 2022, requesting the Association to extend the Closing Date of the Credit by 12 months. We are pleased to inform you that the Association concurs with the request and has established December 31, 2023, as the later date for purposes of Section IV.B.2 of Schedule 2 to the Financing Agreement,” reads the letter written by WB’s Hideki Mori, Acting Country Director, India to Rajat Kumar Mishra, Additional Secretary (MBC), Department of Economic Affairs Ministry of Finance and Arun Kumar Mehta, Chief Secretary, J&K.
But the WB has made it clear to them that any works of the project not completed by the closing date of December 31, 2023, including for L.D. Hospital, Srinagar, would need to be completed with the government’s own resource.
After the 2014 floods, the Jehlum-Tawi Flood Recovery Project (JTFRP) was approved by the World Bank in June 2015 for reconstruction of the damaged public sector infrastructure and strengthening J&K’s disaster management mechanism.
The closing date of the Rs 1500 crore project was June 30, 2020, which has been extended to December 31, 2023. The project has faced multiple challenges, including COVID-19, which led to substantial implementation delays.
According to the World Bank, the project has shown remarkable progress over the last 2.5 years in improving the pace of public infrastructure construction, completing livelihood support activities, implementing CERC component activities to boost healthcare services for COVID response, and augmenting disaster preparedness capabilities One of the notable contributions of the project has been the installation and commissioning of 30 oxygen generation plants in rural areas of J&K which include areas like Gurez, Tangdar and Bani basoli. The project has committed 100% of the credit with signed contracts including the cost variations and funds earmarked for implementation support.
Out of 213 contract packages under the project, 159 (74 percent) have been completed till December 15, 2022. These includes completion of: 41 schools and higher education buildings, 10 road packages, one bridge, silk and wool factories and showroom with new machineries; procurement and deployment of: mobile pumps, search and rescue equipment; and trainings and technical support to handloom and handicrafts sector and artisans; and several technical studies and assessments.

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#World #Bank #Grants #Extension #Year #Crore #Project
( With inputs from : kashmirlife.net )

February 15, 2023
ER top brass discusses implementation of Rs 349 crore makeover of Bandel railway station

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Kolkata: The Eastern Railway top brass, headed by its general manager Arun Arora, discussed on Tuesday the speedy implementation of a Rs 349 crore makeover of the busy Bandel station, which serves as one of the important connectors for Howrah and Sealdah terminals, an official said.
A new station building with a replica of the old Jubilee Bridge, which served to connect Bandel with Naihati on either banks of River Hooghly from 1885 to 2016, will come up apart from providing several modern user-friendly facilities.
A presentation by a Delhi-based architect on the redevelopment of Bandel station was made on Tuesday to the top ER officials led by its general manager and discussions were held on providing world-class amenities there, the ER official said.
Bandel is one of the busiest junction stations of ER and serves as a connecting link between Howrah and Sealdah terminals facilitating movement of numerous long distance and local passenger trains.
Kids’ play zone, pharmacy, food plaza, multi-layer parking and wifi connectivity will be among amenities provided at the station, he said.
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#top #brass #discusses #implementation #crore #makeover #Bandel #railway #station

( With inputs from www.siasat.com )

February 14, 2023
Central dues to Bengal under MGNREGA still at Rs 7,000 crore: Mamata

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Kolkata: West Bengal Chief Minister Mamata Banerjee on Thursday said that the total central dues to the state government under the Mahatma Gandhi National Rural Employment Guarantee Act (MGNREGA) currently stands at Rs 7,000 crore.
“I feel sad that the Union government is depriving us on this count. Had they given at least something, I would have admitted that. I will once again appeal to the Union government to release the funds for payment under the 100-day job scheme. Kindly do not deprive the poor people of their legitimate dues,” she said while addressing an administrative review meeting at Panchla in Howrah district.
The Chief Minister also claimed that despite being deprived of the central funds under the MGNREGA scheme, the state government had been able to create 10 lakh man-days, under which jobs have been provided to 10 lakh of job-card holders.
As regards to the housing scheme, she said that the Union government wants to take the sole credit of the scheme. “But the reality is that both the Union and the state governments have their shares of contribution under this scheme,” she said.
Banerjee also said that despite the Union government’s reluctance to release central funds, the state government is determined to go ahead with its project for developing the rural road network in the state. “We have chalked out a plan with a corpus of Rs 2,000 crore on this count. Many of you have deposits in banks. There is no guarantee of security of these deposits as well,” she said.
Without naming industrialist Gautam Adani, she attacked the Union government as she said that it is uncertain the hard-earned money of the people in Life Insurance Corporation of India is facing a major loss threat. “People are worried about whether they would get back the money invested in LIC, since that money is going to the kitty of a section of the industrialists.”
She also alleged that since BJP is unable to combat Trinamool Congress politically they are using central agencies like the Central Bureau of Investigation (CBI) and the Enforcement Directorate (ED).

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#Central #dues #Bengal #MGNREGA #crore #Mamata
( With inputs from www.siasat.com )

February 9, 2023
Bantala leather complex will get additional investment of Rs 10,000 crore: Mamata

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Howrah: West Bengal Chief Minister Mamata Banerjee on Thursday said the Bantala leather complex in Kolkata will get an additional investment of Rs 10,000 crore.
In the last one year, 92 new tanneries have been given land lease for setting up units in the complex, she said.
“At Bantala, Rs 30,000 crore have been invested that generated employment for three lakh people. Another Rs 10,000 crore will be invested,” Banerjee said at a programme here in Howrah district.
There are 50 units at Bantala and 50 more are coming up, the CM said.
Banerjee on Thursday also laid the foundation stone of several projects and extended government services to six lakh people in five districts – Howrah, Hooghly, South 24 Parganas, North 24 Parganas and Nadia.
She said the Duare Sarkar’ (government at doorstep) scheme will be held every three months.
Nine crore applications for the scheme were received by the state government, of which seven crore have been considered, the chief minister said.
Efforts are underway to provide tap water access to all in West Bengal by 2024, Banerjee said, as she laid the foundation stone for a 100-bed hospital at Furfura Sharif and 208 water projects.

The Trinamool Congress supremo also said that more than 30,000 MSMEs have come up in Howrah district and two parks – jewellery and hosiery – have been set up there.
She said a Rs 2,700-crore flood relief project has been taken up, which would provide relief to the residents of Howrah, Hooghly and Midnapore.
Banerjee added that her government has invested Rs 35,000 crore in the Deocha Pachami coal block in Birbhum district, and Rs 10,000-crore worth rehabilitation package has been provided.
Three industrial corridors are also coming up in south Bengal — Dankuni-Kalyani, Dankuni-Haldia and Dankuni-Raghunathpur — the CM said.
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#Bantala #leather #complex #additional #investment #crore #Mamata
( With inputs from www.siasat.com )

February 9, 2023
Former Delhi Prisons warder arrested for threatening, demanding Rs 10 crore from retired bureaucrat

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New Delhi: A retired IAS officer has alleged that he received death threats from a dismissed warder of Delhi Prisons who also demanded Rs 10 crore from him, police said on Wednesday.
The victim filed a police complaint on Sunday alleging that Yogesh Kumar Meena and his accomplice Sachin were threatening him and demanding Rs 10 crore within seven days.
He claimed the torture has been going on since he joined the Delhi Cooperative Tribunal.
The ex-bureaucrat said he had filed several complaints against Meena at the Tughlak Road police station. He said he had also complained to the Director General of Delhi Prisons following which Meena was terminated from service on February 2.
Police said both the parties knew each other through community gatherings.
“A case under IPC sections 387 (putting person in fear of death or of grievous hurt, in order to commit extortion), 506 (punishment for criminal intimidation) and 120B (punishment of criminal conspiracy) was registered against the accused,” a police officer said.
Meena has been arrested, he said.

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#Delhi #Prisons #warder #arrested #threatening #demanding #crore #retired #bureaucrat
( With inputs from www.siasat.com )

February 8, 2023