Tag: crores

Kashmir: Ill-gotten assets from drug trade worth crores frozen, DM issued order under NDPS Act – Kashmir News
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Kashmir: Ill-gotten assets from drug trade worth crores frozen, DM issued order under NDPS Act
War Against Drugs: Ill-gotten assets from drug trade worth crores frozen in Shopian
DM Shopian issued order under NDPS Act
SHOPIAN, FEBRUARY 18 (KN): Acting tough against drug traffickers, District Magistrate Shopian today ordered seizure / freezing of illegally acquired properties of five drug traffickers in District Shopian .The action has been taken under the provisions of Chapter VA of the Narcotic Drugs & Psychotic Substances Act, 1985. As per the orders issued today, the said properties shall not be transferred for any other use undertaken on it without the permission of the District Magistrate.
ALSO READ: J&K: Seniority List Of 276 Employees In Jal Shakti Department – Download PDF Here
The Competent Authority under Narcotic Drugs and Psychotropic Substances (NDPS) Act, Shopian, accorded a seal of approval to freezing of ill-gotten properties worth crores of five drug peddlers who were given reasonable time period to prove credentials and produce the requisite documents that substantiate the property as legal.
ALSO READ: THESE Farmers to Get Rs 3000 Monthly Pension With PM Mandhan Scheme- Details Here
It included illegally acquired buildings and land from the proceeds of narcotics trade. The properties were purchased from ill-gotten money of drug trafficking within the last six years in the name of accused persons as well as in the name of their kith and kin.The district administration has issued notices to several persons involved in the drug trafficking in the recent past and asked all of them to show cause the source of means of the acquisition of the properties.(KN)
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( With inputs from : kashmirnews.in )
February 18, 2023
War Against Drugs: Ill-gotten assets from drug trade worth crores frozen in Shopian

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SHOPIAN, FEBRUARY 18: Acting tough against drug traffickers, District Magistrate Shopian today ordered seizure / freezing of illegally acquired properties of five drug traffickers in District Shopian .The action has been taken under the provisions of Chapter VA of the Narcotic Drugs & Psychotic Substances Act, 1985. As per the orders issued today, the said properties shall not be transferred for any other use undertaken on it without the permission of the District Magistrate.
The Competent Authority under Narcotic Drugs and Psychotropic Substances (NDPS) Act, Shopian, accorded a seal of approval to freezing of ill-gotten properties worth crores of five drug peddlers who were given reasonable time period to prove credentials and produce the requisite documents that substantiate the property as legal.
It included illegally acquired buildings and land from the proceeds of narcotics trade. The properties were purchased from ill-gotten money of drug trafficking within the last six years in the name of accused persons as well as in the name of their kith and kin.The district administration has issued notices to several persons involved in the drug trafficking in the recent past and asked all of them to show cause the source of means of the acquisition of the properties.
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#War #Drugs #Illgotten #assets #drug #trade #worth #crores #frozen #Shopian
( With inputs from : roshankashmir.net )

February 18, 2023
KCR calls Budget a joke when Telangana has debt of Rs 3L Crores: Fin Min

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Hyderabad: Discussing the Union Budget 2023, Finance Minister Nirmala Sitharaman on Thursday slammed Telangana Chief Minister K Chandrashekar Rao’s (KCR) for calling the Centre’s vision of a 5 trillion dollar economy, a joke.
She further took a jab at the state’s economy and said that Telangana’s debt has mounted significantly in the last 7-8 years.
Speaking at the Telangana Legislative Assembly on Sunday, KCR had said that the target of a 5 trillion size economy was a ‘joke’ and a very low target. He had also said that while PM Modi won in the parliamentary elections of 2014, the country lost.
“Ex-PM Manmohan Singh worked hard and spoke less, it’s the opposite case with the current Prime Minister,” the Telangana CM had said.
Responding to his comments on the economy, Sitharaman said “CM garu don’t joke and let’s all speak about it (the Budget) with responsibility.”
“How can you tell that aim of 5 trillion economy is a joke? Every state should contribute towards it. Who are you laughing upon, the people? In 2014, debt of Telangana was Rs 60,000 crores, but in the last 7-8 years it has crossed Rs.3 lakh crores,” she added.
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( With inputs from www.siasat.com )

February 16, 2023
500 crores allotted for the redevelopment of Kondagattu temple: KCR

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Hyderabad: Telangana Chief Minister K Chandrashekhar Rao (KCR) on Wednesday announced the allocation of Rs 500 crores for development of Sri Anjaneya Swamy temple at Kondagattu in Jagtial district.
The new allocation, in addition to Rs 100 crores announced in the budget, takes the total to Rs 600 crores. The CM said that the Telangana government is ready to spend even Rs 1000 crores for the development of the temple into a major pilgrim centre.
The chief minister reviewed the present condition of the temple and discussed redevelopment of the temple with officials, temple architects and priests in a meeting. He instructed the officials to conduct frequent meetings and draft plans for the redesigning of the temple and its surroundings.
The development works of Anjaneya Swamy temple should be according to the Agama Shastra, he said. KCR further instructed that the presiding deity should not be disturbed and the redesigning of the temple must be according to Vastu.
Officials explained the requirements of the redesigning, such as the land acquisition, various facilities and infrastructure.
They were directed to make arrangements for the water supply to meet the temple needs from the Kaleshwaram Lift Irrigation Scheme. The temple is to be redeveloped with Pushkarini, Hanuman deeksha devotees mandapam, kalyana katta and other facilities
KCR also said that many people take the “Anjaneya deeksha” and all the facilities must be strengthened so that the devotees do not suffer any inconvenience.
He further said that the future needs must be taken into account while redevelopment of the temple. He said that exclusive power sub-station, hospital, bus stand, parking facilities, roads, water tanks, drinking water facilities, construction of cottages, and a police station should also be added.

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( With inputs from www.siasat.com )

February 15, 2023
Private Investment Proposals Worth Rs 66,000 Crores Received, 1455 Industrial Units Established: Govt

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SRINAGAR: Jammu and Kashmir is witnessing biggest industrial revolution in the history of UT as private investment proposals worth Rs. 66,000 crore have been received within a period of around one year as well as 1455 industrial units have also started their operations.
These remarkable developments have opened up doors of immense possibilities for the new generation as promised by Lieutenant Governors Administration. The existing industrial landscape is being transformed into a futuristic, profitable and sustainable ecosystem, leading to livelihood generation, better education, skill development and better quality of life.
From job creation to entrepreneurship, Government is going to make J&K a model of Industry 4.0, the Fourth Industrial Revolution. Government is working tirelessly on promoting institutional readiness, increasing entrepreneurship and attracting investments. The multiplier effect of industrial transformation will be felt across the entire length and breadth of the UT.
New Industrial Development Scheme, with an outlay of Rs. 28,400 Crore, has been approved by the Government of India for encouraging investment in manufacturing and service sectors in J&K, which has started helping in stepping up economic development in Jammu & Kashmir.
This is the dawn of new era for the growth, development and overall well-being of the people of J&K. Barriers to commerce and trade have also been removed. The people of J&K can now fully enjoy the rights and benefits enjoyed by all other citizens of India rather than just a limited set of rights and benefits.
J&K is on a mission to renovate, reinvent, and ready to take a quantum leap to become the fastest-growing region in the country, pushing the targets for economic growth and employment. The aim of J&K Administration is to deepen the trust with the business conglomerate, build the industrial base and strengthen the socio-economic stability.
With the consistent efforts of J&K Administration, Jammu and Kashmir is emerging as one of the best destinations in the country for setting up new businesses as of now with the best incentives and improved infrastructure facilities.
Moreover J&K Government is fulfilling all the crucial requirements of the industries including the transparent policy of land allotment, private industrial estate development, ensuring ease of doing business, besides the administration has actively worked with solutions approach and introduced various initiatives and reforms in a short period of time.

Notably, the Industrial Scheme for J&K is giving a boost to domestic manufacturing in the region and helps J&K in becoming Aatma Nirbhar. The Scheme is encouraging new investment, substantial expansion and also nurturing the existing industries in J&K. The administration is also ensuring that the implementation of the new scheme is done in a manner which is friendly and hassle free to the investors and entrepreneurs from within J&K and outside find a smooth and progressive ecosystem for their business plans.

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#Private #Investment #Proposals #Worth #Crores #Received #Industrial #Units #Established #Govt
( With inputs from : kashmirlife.net )

February 15, 2023
Centre owes Rs 2433 Crores in GST compensation to Telangana

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Hyderabad: The Central Government owes Rs 2433 crores in the form of Goods and Services Tax (GST) compensation to Telangana. The GST compensation dues for the Financial Years 2020 to 2021 and 2021 to 2022 are still withstanding and amount to a total of Rs 2,432 crores.
The pending GST compensation of Rs 2,433 crores are the dues from the last three years. Despite the repeated requests from the Telangana government, the BJP government has not cleared these dues.
Telangana has received about Rs 16,570 crores in the form of GST compensation since the beginning of the GST system. June 2022 is the end of transition period for the state governments and this has not been extended despite many requests by various states. The GST compensation method was introduced to compensate for the revenue loss of the states.
Similarly the West Bengal government has said the pending GST compensation was about Rs 2,409 crores from the state. When the question of pending dues to the state of Kerala was raised by a Member of Parliament in Lok Sabha, Union Finance Minister Nirmala Sitharaman has said that the Kerala Government has not submitted documents approved by the Accountant General for GST compensation for the last 5 years.
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#Centre #owes #Crores #GST #compensation #Telangana
( With inputs from www.siasat.com )

February 13, 2023
Telangana: Rs. 255.48 crores awarded as compensation in National Lok Adalat

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Hyderabad: The National Lok Adalat for settlement of pending cases of various categories, pre-litigation cases including consumer disputes was organized on Saturday across Telangana.
A total of 3,30,866 cases including 9,262 pre-litigation and 3,21,604 pending cases of various categories were settled. An amount of Rs. 255.48 crores was awarded as compensation to the beneficiaries in the settled cases, a press release issued by the Telangana Stated Legal Services Authority stated.
The National Lok Adalat was held under the guidance of Justice Ujjal Bhuyan, Chief Justice of the High Court and Patron-in-Chief Telangana State Legal Services Authority.
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#Telangana #crores #awarded #compensation #National #Lok #Adalat
( With inputs from www.siasat.com )

February 11, 2023
Telangana budget: Shaadi Mubarak Scheme allocation increased to 450 crores

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Hyderabad: The Telangana government has allocated Rs 450 crore for Shaadi Mubarak Scheme in the annual budget for 2023-24, increasing the amount by Rs 150 crore over the previous year, which is a commendable move, however there are several complaints of delay in release of funds.
A large number of complaints received from married couple who are awaiting Shaadi Mubarak funds even after childbirth, that needs to be addressed. Poor parents who have taken loans for the marriages of their loved ones are filing applications on a large scale to avail the Shaadi Mubarak Scheme benefits. Most of the parents have taken a loan on huge interest rates for the marriages purpose and due to the delay the interest on loan is been adding up with each passing day. The government, Minority Welfare Department and the concerned authorities need to address these issues immediately.
Apart from Hyderabad city, thousands of applications are pending in the districts, there is a need to set up a special mechanism for their speedy resolution, so that the problems of poor parents can be resolved immediately.
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( With inputs from www.siasat.com )

February 8, 2023
ATM Transaction New Charges: Big update for crores of bank

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These banks have recently increased the charges for withdrawing money from ATMs, due to which the customers have to face a lot of problems. Which bank has increased the rates by how much, let us know
Now withdrawing money from ATM has become more expensive. After the free withdrawal limit, you will have to pay a higher cost for each transaction of withdrawing money. All major government and private banks across the country have made changes regarding cash withdrawal from ATMs. This fee is 20 to 22 rupees. Different banks have imposed different rules and charges.
Know what are the new rules of which bank
SBI-
In case of metro cities, the number of free transactions is limited to 3. A charge of Rs 10 is levied on cash withdrawal transactions over and above the free limit at SBI ATMs. SBI charges Rs 20 per transaction for additional financial transactions at other bank’s ATMs. In addition to the fee, applicable GST is also charged to the customer’s account.
PNB:
PNB gives 5 free transactions per month at ATMs. Also, a charge of Rs 10 has to be paid for any financial transaction. Apart from PNB, the rules of transaction are different from ATMs of other banks. There is a rule of 3 free transactions in metro cities and 5 free transactions in non-metro cities in a month. A charge of Rs 20 is levied for doing financial or non-financial transactions beyond the free limit from other bank’s ATMs.
HDFC Bank :

Only the first 5 withdrawals from HDFC Bank ATMs in a month are free. Rs 20 plus taxes per transaction for cash withdrawal, Rs 8.5 plus taxes for non-financial transactions. 3 free transactions allowed at any other bank’s ATM in 6 metro cities (Mumbai, Delhi, Chennai, Kolkata, Hyderabad and Bengaluru) and 5 free transactions (financial and non-financial) in a month at other locations If the transaction is declined due to insufficient balance at other bank’s ATM or merchant outlet, a charge of Rs.25 will have to be paid.
ICICI:
5 transactions are free from ICICI ATM in a month. After that Rs 20 plus GST has to be paid on ATM withdrawal. This limit is for financial transactions while the charge for non-financial transactions is Rs 8.50 plus GST.

Axis Bank:
5 financial transactions are free in a month from Axis Bank ATMs. Financial and non-financial 3 transactions are free in metro cities. At other places, 5 transactions are free in a month. If cash is withdrawn from Axis and Non Axis ATMs outside the limit, then Rs 21 per transaction will have to be paid.
Earlier banks used to charge Rs 20 per transaction
The first 3 transactions are absolutely free for withdrawing money from the bank’s ATMs in the six metro cities of Mumbai, Delhi, Chennai, Kolkata, Bengaluru and Hyderabad. This includes both financial and non-financial transactions. While in non-metro cities, you can withdraw money from ATMs up to 5 times. After this, for financial transactions in metro cities, Rs 20 per transaction and Rs 8.50 for non-financial transactions had to be paid. Which has now been increased to 21.
Due to this the transaction fee has been increased
The decision to increase the transaction fee has been taken due to the increase in the cost of banks related to installation and maintenance of ATM machines. At the end of the financial year 2020-21, there were 1,15,605 ‘onsite’ (in bank premises) ATMs and 97,970 ‘offsite’ (apart from bank premises) ATMs across the country.
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( With inputs from : kashmirpublication.in )

February 6, 2023
Telangana allocated Rs 4,418 crores in rail budget from Centre

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Hyderabad: Telangana has been allocated Rs 4,418 crore, by the Centre for various railway projects for the fiscal year 2023-24 as against Rs 3,048 crore allocated in 2022-23 which is 45 percent more than last year.
South Central Railway (SCR), on the other hand, has been sanctioned a gross amount of Rs. 13,786.19 crores for the year 2023-24 compared to Rs 8,349.75 crores for the year 2022-23, which accounts for a nearly 65 percent increase over last year.
SCR general manager Arun Kumar Jain while addressing a press conference on Friday, stated “there has been a consistent increase in the funds’ allocation to Telangana in successive budgets in recent times.”
Giving details of the budgetary allocations of the ongoing New Line Projects in Telangana under the SCR jurisdiction, the manager stated, ” Rs 345 crores were allotted for Munirabad to Mahbubnagar railway line, Rs 185 crores were allotted for Manoharabad–Kothapalli line and Rs 10 crores allotted for Manuguru to Ramagundam line.
He further stated that Rs. 600 crores was allotted for the MMTS Phase II project doubling and electrification.
Likewise, Rs. 337.52 crores were allotted for Kazipet to Vijayawada and Rs 450.86 crores were allotted for Kazipet to Balharshah third-line projects.
Adding on to the details, Arun Kumar stated that Rs 60 crores were allotted for Guntur to Bibinagar doubling project, while Rs 315.6 for the electrification of the Manmad to Mudkhed to Dhone section and Rs 82 crore was allotted for the development of the satellite terminal at Cherlapally station.
For doubling, third line, and bypass line works, the capital outlay is Rs 3,374.44 crore for the fiscal year 2023-24, as against Rs 1,531 crore in the last financial year.

The total budget allocated for new lines, including capital and safety Fund (excluding Deposit) is Rs 819 crore when compared to Rs 285 crore last fiscal year.
For electrification works, the budgetary grant is Rs. 588 crores, said the manager.
“An amount of Rs 68.34 crores has been allocated for implementation of Kavach, the indigenously developed Train Collision Avoidance System (TCAS),” he said.
Arun Kumar further added that Rs 1,360 crore was allocated for Track Renewal works and Rs 768.14 crore for Road Safety Works.
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( With inputs from www.siasat.com )

February 4, 2023