(ET) The government has nominated Oil and Natural Gas Corp to operate the Panna-Mukta oilfields after the contract with Reliance Industries and Shell runs out in December, according to an ONGC executive. Reliance and Shell each own a 30% participating interest in Panna, Mukta and Tapti (PMT) fields, while ONGC holds the balance 40%. Tapti stopped production three years ago while the other two fields have been sharply declining, prompting Reliance and Shell to decide on on exiting the fields at the end of the 25-year lease in December. The government has, therefore, directed ONGC to operate Panna and Mukta fields after the…
Author: Aruna Sharma
(FE) In the first month since its August 9 rollout, the PM-Kisan pension scheme saw enrolment of over 14 lakh farmers, 28% of the registration being in poll-bound Haryana. The government is hopeful of covering more than 1 crore farmers in this fiscal itself as the scheme targets to attract 5 crore small and marginal farmers within the 18-40 age group in the next three years, a source said. “Analysis of initial data (out of 7.5 lakh enrolments) suggests 35% of those who have joined are women. Since the upper age limit to join the scheme is 40 years, this…
(FE) With its tepid revenue growth resulting in higher reliance on non-tax revenue, the Centre has drawn up a plan to bring down its stakes in a clutch of large central public sector undertakings (CPSEs) to below 51% in FY20. Stake sales in the Maharatna firms — namely IOC, NTPC, BPCL and GAIL — could happen either through the OFS or ETF route; strategic sale of at least one of them is also on the radar. In all these CPSEs, the Centre’s stake is now below 55%. Other CPSEs in which the government might reduce stakes as per the policy…
(AU) उत्तर प्रदेश समेत 13 राज्यों में सोमवार को भारी बारिश की आशंका है। भारतीय मौसम विज्ञान विभाग (आईएमडी) ने जानकारी दी है कि ओडिशा और पश्चिम बंगाल के मैदानी इलाकों में भी 50 से 60 किलोमीटर प्रति घंटे की रफ्तार से हवाएं चल सकती हैं। वहीं मौसम विभाग के मुताबिक, अगले तीन दिनों में देश के कई राज्यों में भारी बारिश हो सकती है। सोमवार को पूर्वी उत्तर प्रदेश, पश्चिम बंगाल के पहाड़ी इलाकों, सिक्किम, अंडमान निकोबार और मेघालय में बहुत ज्यादा बारिश हो सकती है जबकि मध्य प्रदेश के पूर्वी हिस्से, बिहार, गुजरात, आंध्र प्रदेश के कई, तटीय कर्नाटक, तमिलनाडु के…
(The Pioneer) Union Minister Dharmendra Pradhan on Saturday claimed that poor people of the country ever since Independence have benefitted the most during the Narendra Modi Government. He said this after inaugurating the BJP’s State-level ‘Seva Saptah’ (Service Week) at Bharatpur here. The party is holding the programme to mark the birth week of Prime Minister Modi from September 14 to 20. On the occasion, a blood donation camp, a free health checkup camp and distribution of equipments to physically-challenged persons were held. Pradhan said creating awareness for water conservation and banning of single-use plastic would be the best gift for Modi…
(PTI) The Uttar Pradesh government on Friday decided that ministers will start paying their own income tax, ending a four-decade-old practice of the state exchequer shelling out the amount annually for them. The direction follows criticism in the media of a law enacted in 1981 which ensures that the state’s chief minister and ministers don’t pay any income tax themselves. Instead, their share is shelled out by the state government under the Uttar Pradesh Ministers’ Salaries, Allowances and Miscellaneous Act, 1981.After a news report made this revelation, several politicians said they were not even aware of the provision in the UP…
(PTI) The all-powerful GST Council will at its Goa meeting next week consider demands for reducing taxes on products ranging from cars to biscuits keeping in mind the revenue position as any cut will have a direct impact on earnings of states, a senior government official has said. The GST Council, headed by Union Finance Minister Nirmala Sitharaman and comprising representatives of all states and Union Territories (UTs), is scheduled to meet on September 20 in Goa amidst a clamour for a cut in tax rates from various industries to beat the slowdown in the economy. The economic growth hit…
(AU) सरोकारों के सहारे सियासी समीकरणों को दुरुस्त कर प्रदेश में भाजपा सफलता की सीढ़ियां चढ़ रही भाजपा ने अब प्रधानमंत्री नरेंद्र मोदी के जन्मदिन पर शनिवार से सेवा कार्यों के जरिए लोगों से रिश्तों की डोर मजबूत करने की तैयारी की है। शुक्रवार 20 सितंबर तक इस सेवा सप्ताह में मुख्यमंत्री योगी आदित्यनाथ से लेकर सरकार के सभी मंत्री और भाजपा के प्रदेश अध्यक्ष स्वतंत्र देव सिंह से लेकर संगठन में बूथ तक काम करने वाले कार्यकर्ता भाजपा के झंडा-बैनर और प्रधानमंत्री के संदेश के साथ लोगों के पास सेवा कार्यों के जरिए पहुंचने की कोशिश करेंगे। पार्टी के प्रदेश…
(PTI) Union Steel Minister Dharmendra Pradhan on Friday urged industry players to improve the quality of their products in order to become more competitive in the global markets. In a meeting with the CEOs of steel industry, Pradhan also said the domestic industry has come a long way in terms of capacity building, quality assurance and technology upgradation, according a statement issued by the Ministry of Steel. “The industry has to mark its place in the world, by being more competitive, improving the quality, and undertaking more exports,” the statement quoted the minister as saying. The minister — who recently led…
HPCL bagged 4 Awards at 9th PSE Excellence Awards under Maharatna & Navaratna Category held at New Delhi. The following awards were received Best in ‘Human Resource Management Excellence’ Best in ‘Contribution of Women in PSEs’ Runner-up in ‘Corporate Social Responsibility (CSR) & Sustainability’ Jury Award – ‘Company of the Year’ The PSE Excellence Awards is an initiative of Indian Chamber of Commerce to acknowledge the game changers among public enterprises who have contributed immensely in shaping up the Indian economy. It is a platform to celebrate the performance of PSEs. The awards were judged by an independent and distinguished…