Government of Kerala has agreed to take over BHEL’s 51% stake in BHEL-EML. Thereafter, as per the laid down procedure in General Financial Rules and the extant guidelines, transfer of assets is being processed. Union Cabinet, had on 30.11.2016, accorded ‘in principle’ approval for the transfer of Palakkad Unit of Instrumentation Limited to the Government of Kerala. A tripartite memorandum of understanding has been signed by Government of India, Government of Kerala and Instrumentation Limited defining the modalities of transfer of Palakkad Unit to the Government of Kerala. This information was given by the Minister of Heavy Industries & Public Enterprises,…
Author: Amit Bhanot
(PTI) Terming the Union Budget pragmatic, Niti Aayog CEO Amitabh Kant said the government is determined to take India on a high growth path. He further said if the government will be able to achieve disinvestment target of 2020-21 then the Budget will be very successful.”It is a pragmatic Budget. It is pushes for public private partnership (PPP) in many areas. Budget lays lot of emphasis on AI, quantum computing, roadmap for infrastructure sector. The Budget will put India on right track. “…The government is determined to take India to accelerated high growth,” he said at an event organised by industry…
Coal stocks at power plants peaked to 34.25 million tonnes on January 26, equivalent to 19 days’ consumption, and up by 77% as against 19.36 million tonnes, equivalent to 12 days’ consumption at the same time last year. “Thrust has been also given to augment coal supplies to non-power sector by holding regular auction for coal linkages where the consumers have been given the flexibility to choose nearest mine, quality (grade, size) etc. To facilitate easy availability of coal to all the sectors, Coal Companies are also offering increased coal under spot and exclusive e-auction.” Union Coal Minister Shri Pralhad Joshi…
Oil Public Sector Undertakings (PSUs)/Joint Venture (JV) refineries have plans for capacity addition including investment in greenfield refineries. The refining capacity is expected to increase from 249.4 MMTPA currently, to about 443 MMTPA by 2030. Government has decided that Bharat Stage-VI (BS-VI) emission standards fuels will be implemented across the country w.e.f. 01.04.2020 and supply of BS-VI fuels in National Capital Territory (NCT) of Delhi has been started w.e.f. 01.04.2018. Government has also started supply of BS-VI auto fuels in 20 Districts of Rajasthan, Uttar Pradesh & Haryana. To meet the incremental demand of petrol and diesel, refineries have capacity…
Ministry of Petroleum and Natural (MoPNG) Gas vide Resolution dated 08.11.19 revised the guidelines for authorization to market transportation fuels which have been published in the Gazette of India. The revised guidelines would promote ease of doing business and boost private players to invest in retail sector. The said Resolution is available on the website of MoPNG. The main features of the said guidelines are as below :- The resolution applies for marketing of only Motor Spirit and High Speed Diesel for “Bulk” and “Retail” business. An entity desirous of seeking authorisation for either retail or bulk must have a…
As per World Energy Outlook 2019 published by International Energy Agency, India’s oil demand in total primary energy is projected to increase from 233 Million tonne of oil equivalent (Mtoe) in 2018 to 305 Mtoe in 2025, whereas China’s oil demand is projected to increase from 593 Mtoe in 2018 to 672 Mtoe in 2025. Government has taken several steps to enhance exploration & production of oil and gas, give thrust on demand substitution, promote energy efficiency and conservation, capitalize untapped potential on biofuels and alternative fuels/renewables in order to reduce imports of crude oil. These include a series of…
Under the Skill India Mission, Ministry of Skill Development and Entrepreneurship is implementing a flagship scheme called the Pradhan Mantri Kaushal Vikas Yojana (PMKVY) 2016-20 with an objective to provide skilling to one crore youth under Short Term Training (STT) courses and Recognition of Prior Learning (RPL) across the country in a four years period i.e. 2016-2020. Under PMKVY (2016-20), as on 17.01.2020, 73.47 lakh (appx.) (40.27 lakh STT + 33.20 lakh RPL) candidates have been trained/oriented throughout the country. The State/UT-wise number of candidates trained / oriented under PMKVY (2016-20) is given at Annexure. Under PMKVY 2016-20, focus on employment…
Under Skill India Mission, about 20 Central Ministries/Departments including Ministry of Skill Development and Entrepreneurship (MSDE) are involved in the implementation of more than 40 schemes for various skill development programmes for youth across the country. Major schemes include Pradhan Mantri Kaushal Vikas Yojana (PMKVY), Scheme of Jan ShikshanSansthan (JSS) for Skill Development, Scheme for Creation/Improvement of Training Infrastructure (ITIs), National Apprenticeship Promotion Scheme (NAPS), Rural Self Employment and Training Institutes (RSETI), Deen Dayal Upadhyaya Grameen Kaushalya Yojana (DDU-GKY), etc. Ministry of Skill Development and Entrepreneurship is implementing a flagship scheme PMKVY. PMKVY was launched as a pilot in 2015 (approved by…
Pradhan Mantri Kaushal Vikas Yojana (2016 – 2020) is the flagship outcome-based Skill Training Scheme of the Ministry of Skill Development & Entrepreneurship (MSDE) which aims to train 10 million youths by 2020 pan India both in Rural and Urban areas. MSDE does not maintain any segregated data for rural and urban areas. There are three training routes under the scheme: Short term Training for fresh skilling of school / college drop outs and unemployed youth, Recognition of Prior Learning (RPL) to recognize the existing skills and Special Projects to address skilling requirements of groups which are under represented or require…
Ministry of Skill Development and Entrepreneurship promotes establishment of model and aspirational skill centres known as Pradhan Mantri Kaushal Kendra (PMKK) in every district for imparting skill training throughout the country in PPP mode. The Ministry through NSDC provides capital expenditure upto 75% of the project investment as well as operational support to each PMKK. PMKK centres are provided loan from NSDC upto 70 lakh to the PPP partner. As such no State/District wise funds are earmarked. As on 17.01.2020, 812 PMKKs have been allocated in 707 districts across the country; out of allocated PMKKs, 723 PMKKs have been established. Funds amounting…