Author: Aruna Sharma

(FE) A little over 2.25 crore farmers, including 1.08 crore in the electorally important Uttar Pradesh, have received the second installment of Rs 2,000 each under the PM-Kisan scheme since April 1, according to official data reviewed by FE. While all these farmers had got the initial installment of Rs 2,000 also, there are another 86 lakh, who received only the first installment of Rs 2,000. When the scheme was announced by the then finance minister Piyush Goyal during his interim Budget speech in February, he said it would benefit 12 crore farmers owning up to 2 hectares land, with each…

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(ET) The Home Ministry Monday announced release of an additional Rs 1,000 crore to the cyclone-hit Odisha as announced by Prime Minister Narendra Modi. A Home Ministry statement said the amount would be in addition to the Rs 341 crore that had been provided to the Odisha’s State Disaster Response Force in advance. As announced by Prime Minister after his aerial survey and review of relief efforts with the Odisha government, the Home Ministry has announced a further release of Rs 1,000 crore for assistance to the state, the statement said. The extremely severe cyclone ‘Fani’ made a landfall in Odisha on May…

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(News18) The National Skill Development Corporation (NSDC) said it has collaborated with the UAE-based Emirates Driving Institute and the Youth Chamber of Commerce to set up driver training institutes in various parts of India. The corporation, under the Ministry of Skill Development and Entrepreneurship, is a public-private partnership initiative which aims to catalyse the creation of quality vocational training in India across different sectors. “The partnership will facilitate the candidates to acquire a UAE driving licence, in line with the requirements of UAE’s roads and transport agencies and regulatory agencies of other parts of the Middle East,” the NSDC said…

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(FE) The weak volume growth reported by consumer staple companies in Q4, FY19 underlines the slowdown seen in housing over the past five to six years and automobiles over the past year. The next government may have its task cut out to revive flagging economic growth. We believe a combination of monetary stimulus and structural reforms may help revive growth over time. The current slowdown may not be a mere cyclical one, as is generally believed. An analysis of macro (household savings data) and micro (sector and company volume data) suggests that households may have gradually reduced consumption due to…

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(AU) राहुल गांधी ने सोमवार को पहली बार दिल्ली में चुनाव प्रचार किया। इस दौरान उन्होंने कहा कि नरेंद्र मोदी उनसे कितनी भी नफरत करें वे उनसे कभी कोई नफरत नहीं करेंगे। उलटे उनके लिए भी उनके दिल में प्यार है। कारोबारियों की नब्ज टटोलते हुए राहुल गांधी ने कहा कि वे कोई बड़ा वायदा नहीं करेंगे, लेकिन इतना अवश्य कहेंगे कि अगर केंद्र में उनकी सरकार आई तो वे व्यापार करना आसान बना देंगे। किसी व्यापार को शुरू करने के लिए जगह-जगह बार-बार लाइसेंस नहीं लेना पड़ेगा और इसके लिए किसी सरकारी अधिकारी को घूस नहीं खिलानी पड़ेगी। दिल्ली के…

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(FE) The department of heavy industries is likely to relax the eligibility criteria for electric two-wheelers for claiming subsidy under the second phase of the FAME II (Faster Adoption and Manufacturing of Hybrid & Electric Vehicles) scheme, people familiar with the matter said. The development comes weeks after electric vehicle (EV) makers said the conditions to claim subsidy under the new scheme are so stringent that barely any two-wheeler would be eligible. Besides, the vehicles have become costlier, owing to a lower subsidy. As a result, less than 10 vehicles were certified by the government agencies in April. In March, over…

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(Hindustan) समाजवादी पार्टी के अध्यक्ष व प्रदेश के पूर्व मुख्यमंत्री अखिलेश यादव ने शहर से सटे चांदपुर सैदोपट्टी में गठबंधन प्रत्याशी चंद्रभद्र सिंह के समर्थन में हुई सभा में मोदी और योगी पर जमकर निशाना साधा।  उन्होंने कहा कि चौकीदार की चौकी अब छिननी चाहिए। सपा अध्यक्ष ने कहा कि जिन्हें आप हराना चाहते हैं वे पहले ही हार गए हैं पीलीभीत में।  2014 में भाजपा ने जो वादे किए थे वे पूरे नहीं किए। देश की जनता तो कह रही है कि वे प्रधानमंत्री हैं ही नहीं केवल प्रचारमंत्री हैं। उन्होंने कहा कि प्रधानमंत्री ने किसानों से वादा किया…

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(The Hitavada) ITM University organised ‘Skill Development programme for Industry 4.0’ for the first time in Chhattisgarh at Hyatt, Raipur on Friday. This exclusive programme included industry meet followed by hands on practice workshop. General Manager Asia of Universal Robots Pradip Daid and Technical Officer Manish Kumar Garg were the keynote speakers. ITM Group of Institutions has always been sensitive to the innovations and disruptive changes happening in academic and business ecosystem. In order to respond to current industrial scenario and changes brought by technological innovations, eminent experts and thought leaders of business and industry joined the brainstorming sessions and…

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(ET) Tata Power the country’s largest integrated power company, has drawn a blueprint to collapse several of its estimated 95-plus subsidiaries with an eye on profitability and a nimbler operational structure. The company will initially focus on breaking down the wholly-owned subsidiaries to be part of the main operational businesses and will later look at joint ventures, a top official close to the development said. Tata Power will seek shareholders’ approval for the restructuring which will take several months, he said, adding the company may keep the subsidiaries to less than 20. An email sent to the company remained unanswered till the…

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