With easy entry and exit norms for commercial coal auctions the government expects participation from Indian companies like Hindalco, Jindal Steel & Power, JSW Energy, Adani Group and Vedanta besides global miners like Peabody, BHP Billiton and Rio Tinto.
The independent Trust will be named ‘Sri Ramjanambhoomi Tirath Shetra’, Modi announced in Parliament. The Trust will be independent to take decisions regarding the construction of the Temple, the PM said. The Supreme Court in an order on November 9 last year had asked the government to set up a Trust within three months and also allot five acres for building a mosque.
Major opposition parties stay away, 21 parties send representatives
PM Narendra Modi sought the support of the private sector in fulfilling the government's mission of providing brick house to every Indian by 2022.
The prime minister termed the mission as a "historic mass movement aimed at fulfilling Bapu's dream of a clean India."
The mortal remains of 38 of the 39 Indians killed in war-torn Iraq were brought back to the country yesterday in a special aircraft and handed over to their relatives.
"The prime minister announced a financial assistance of Rs 500 crore to the state. This is in addition to Rs 100 crore announced by Home Minister Rajnath Singh on August 12," it said.
"PM announced ex gratia of Rs. 2 lakhs for next of kin of those killed & Rs. 50,000 for those seriously injured, in the bus accident in J&K (sic)," the Prime Minister's Office tweeted.
Soon after ascending the dais at the Tel Aviv Convention Centre, PM Modi touched upon the fact that this was the first ever visit by an Indian premier to the Jewish nation.
Modi was hailed by a mammoth crowd when he referred to their leaders like Saumiyamurthy Thondaman and appreciated their bid to keep the social fabric of the beautiful nation intact.
PM Modi said people holding notes of Rs 500 and Rs 1000 can deposit the same in their bank and post office accounts from November 10 till December 30.
PM Narendra Modi has set aside Rs 250 crore for relief work in Assam and another Rs 100 crore for the study of the recurring flood problem in the north-eastern region.
Modi, who undertook an aerial survey of the flood-hit areas with Chief Minister Vijay Rupani, said 10 more IAF helicopters would be pressed into service for rescue and relief operations.
Prime Minister also announced Rs 50,000 for each of those injured in the collision between a truck and a bus in Bareilly.
My prayers and solidarity with those who lost their loved ones in the unfortunate bus accident in Uttarkashi. May the injured recover soon, Modi said in a tweet.
Specifically for Indians in Saudi Arabia, Modi announced the setting up of worker resource centres in Riyadh and Jeddah to provide them with all necessary help.
Modi said India will continue to accord a high national priority to nuclear security through strong institutional framework, independent regulatory agency and trained and specialized manpower.
PM's announcement of doing away with the requirement of interviews for lesser non-gazetted central government jobs from January 1 today drew accusations of violation of the model code for elections.
Prime Minister Narendra Modi announced an ex-gratia of Rs two lakh for the kin of each of those killed in the twin train derailments in Madhya Pradesh.
PM announced operationalisation of e-visa facility for the Chinese tourists, inviting them to take its advantage and "experience the beauty of Incredible India".
Congress spokesman RPN Singh rued that New Delhi had agreed to the arrangement without Beijing first doing away with stapled visas.
In a confidence building measure, Prime Minister Narendra Modi today announced that India will grant e-visas to Chinese tourists.
Modi said that as SAARC "we have failed to move with speed that our people expect" which some argue was due to a development gap.
Prime Minister Narendra Modi tonight announced Rs 2 lakh each for the next of kin of those who died in Tamil Nadu floods.
Union Minister for Water Resources Uma Bharti today said the Prime Minister Narendra Modi's announcement of launch of Jan Dhan Yojana on Independence Day has been implemented on the ground less than a fortnight to benefit crores of people of the country.
Flanked by Governor K Rosaiah and J Jayalalithaa, Modi began his brief statement with a sentence in Tamil telling people of TN, "I will be in support of you".
The statement seemed to be targeted at investors, many of whom still complain about the need to tone up tax administration.
Modi, who met several South American Presidents in Brasilia at a meeting, recalled business ties between Gujarat and the region.
The Prime Minister inaugurated a photo exhibition titled "A Celebration of Dr Kalam's Life" and unveiled a bust at DRDO Bhavan here.
On a two day visit to the state of California, PM Modi announced a $150 million impact fund dedicated to health, agriculture and renewable energy sector.
India on Friday hosted the second summit of the Pacific Islands countries in Jaipur as part of a strategy to expand its presence in the region.
Dharmendra Pradhan told ET the package was needed to develop the state. “It was a wellthoughtout and planned package to uplift a backward state.”
Gujarat CM said a dedicated unit in the state industries department will be formed soon for catering to patent-related needs of small and medium enterprises.
India and Bangladesh opened a new chapter in their ties as they settled their 41-year-old boundary dispute and promised to do more in other areas.
PM Modi announced his visit to China from May 14 to 16 on Weibo, saying he is looking forward to have productive discussions with top Chinese leadership.
The above amount is in addition to the compensation of Rs 2 lakh from the Prime Minister's National Relief Fund announced earlier in the day.
PM also said that the Centre has sanctioned Rs 5000 cr to provide 2G mobile coverage in this area for comprehensive telecom development plan of NE region.
Hudhud havoc: Prime Minister Narendra Modi announces Rs 1000 crore interim assistance for Andhra Pradesh
PM Narendra Modi assured an early assessment of the losses by central teams for extending full-scale financial assistance.
Uttar Pradesh Chief Minister Akhilesh Yadav has also announced financial assistance for those killed and injured.
Modi announced visa on arrival in India facility for Americans, whose govt revoked his US visa and kept him out of the country for a decade.
"The amount sanctioned from the Prime Minister's National Relief Fund will be disbursed directly to the district collectors," a PMO statement said.
Omar had pressed for early completion of Batote-Kishtwar road, Kargil-Zanskar, Domail-Katra road besides fast tracking the four-laning of NH1.
Modi has announced the formation of a new Gir-Somnath district along with a slew of other measures for the fishermen community there.
Taking the election campaign to the next level, Modi announced a special public toilets scheme for the urban poor besides rolling out other sops.
Economists in a Reuters poll predicted that gross domestic product in world's fifth-largest economy will contract by 18.3% in the June quarter, compared to 3.1% growth in the previous quarter, the worst performance in at least eight years.
Ten years after Gangetic Dolphins were declared national aquatic animals, Prime Minister Narendra Modi announced on Saturday a conservation project for the species. The 'Project Dolphin' aims to give a stronger impetus for conservation of the aquatic mammals in the lines of 'Project Tiger' and 'Project Elephant'.
Consumer spending, private investments and exports all collapsed during the world's strictest lockdown imposed in late March to combat the COVID-19 pandemic and India - the world's fastest-growing large economy until a few years ago - now looks to be headed for its first full-year contraction since 1980.
The PM CARES Fund would be utilised to deal with any emergency or distress situation such as coronavirus outbreak.
Three main features of the platform are faceless assessment, faceless appeal and tax payers' charter, the PM announced.
It took 110 days for coronavirus infections in the country to reach the 1 lakh mark
The stock market rebounded sharply from the lows seen in March, thanks to a gush of liquidity, entry of new investors and firm global markets.
Speaking at the virtual launch of 'Elyments' mobile app, Naidu said the "atma nirbhar Bharat" campaign was aimed at giving a new boost to the economic potential of the country by strengthening infrastructure, using modern technologies, enriching human resource, and creating robust supply chains.
The 'receipt and payment account' showed nearly Rs 3,075.85 crore as 'voluntary contributions', while Rs 39.67 lakh came as foreign contributions. It put the fund's closing balance as on March 31, 2020 at Rs 3,076.62 crore, after including interest income and deducting service tax on forex conversion.
"I welcome the Prime Minister's announcement on fibre optic cable connectivity. It is precisely, in this crisis, that we need generational projects of that magnitude to not only be conceived but to actually be implemented and financed because they are the investment in the 'Build Forward Better' in the recovery strategy (post-COVID)," UNDP Administrator Achim Steiner told.
Amid the rising number of COVID-19 cases in Maharashtra, Uddhav Thackeray also said there was a need to be extra cautious during the upcoming monsoon.
Prime Minister Narendra Modi announced an advance interim assistance of Rs 1,000 crore for cyclone-hit West Bengal on Friday.
"Pakistan is better known for making cash transfers to bank accounts outside the country rather than giving to its own people. Clearly, Imran Khan needs a new set of advisers and better information," MEA Spokesperson Anurag Srivastava said during an online media briefing.
After Prime Minister Narendra Modi's announcement of a 21 day lockdown across the country, the Indian Railways announced that its suspension of all passenger services will continue till April 14.
More than 1,000 migrant workers gathered in Bandra demanding transport arrangements to go back to their native places, hours after Prime Minister Narendra Modi announced extension of the coronavirus-enforced lockdown till May 3.
"The extension of lockdown till May 3 isn't something we all wanted but given the threat we face from COVID-19, it's a necessity. Let's do everything we can to cooperate with authorities to avoid a further extension in May," he tweeted.
India will move ahead and will grow multi-dimensionally and Its success story will not be defined just in terms of GDP or economic growth, writes the author.
Government sources boast that once an individual is registered and gets a unique health ID, the chances of pilferage and misuse of several health schemes either by patients or doctors, hospitals and medical device manufacturers would get minimised.
In a tweet, Adani Group Chairman Gautam Adani said, "Every Independence Day is a tribute to millions of sacrifices that earned us the freedom to be born and raised in a free country full of opportunities. From now on, our Atmanirbharta will determine how high and strong the flag of freedom flies. Happy #IndependenceDay."
Recently, former chief minister Devendra Fadnavis had also suggested a 40 per cent reduction in the ready reckoner rates. To curb the spread of the deadly coronavirus, chief minister Uddhav Thackeray had imposed partial lockdown in Maharashtra from March 18 itself.Later PM Modi announced a nation-wide lockdown from March 25 which has now been extended till May 31.
Stimulus package fails to involve banks as frontline warriors in economic revival: RBI's central board member
Satish Marathe shared a viewpoint from analysts at rating agency Crisil's research wing, which is sceptical about the near-term benefits of the package to make his point. He said the three-month moratorium offered for loan repayments announced by Reserve Bank of India (RBI) is "not enough" and also listed out other expectations for the benefit of the banking sector.
According to the data shared by Delhi police, 183 cases were registered under section 188 (for disobedience to order duly promulgated by public servant) of the Indian Penal Code till 5pm.
Prime Minister Narendra Modi announced a 21-day lockdown for the entire country on Tuesday.
"Country at this juncture needs liquidity. Without liquidity our economy's wheel will not accelerate... Rs 50-60 lakh crore foreign investment is needed in the country under present circumstances to boost the economy," the Road Transport, Highways and MSME Minister said.
From Sachin Bansal's Twitter: 'If Covid lockdown happened in my childhood, my dad's business would have failed'
Sachin Bansal's hot take on the coronavirus lockdown.
“We are discussing restarting of operations,” said a senior government official, who requested anonymity. “It may happen during the current month itself, and the plan is not to extend it (the ban on flights) beyond the first week of June.”
The stock market recovery to near pre-Covid levels comes despite no improvements in the economic or health prospects for the country. In fact, the complete extent of the impact of Covid on the real economy have not even been realised. And this decoupling of the capital markets with the real economy is being witnessed globally.
According to an official note, the contribution to the Prime Minister's Citizen Assistance and Relief in Emergency Situations Fund (PM CARES) will start from May and will continue till March 2021.
Assam cabinet which held its meeting on Monday announced a COVID-19 package which decided to allow agriculture and farming activity with necessary protection from April 1 onwards.
'Ramayan' becomes most viewed entertainment programme globally, sets world record with 7.7 cr viewership
'Ramayan' concluded the rerun on April 18.
Fitch Director Sovereign Ratings Thomas Rookmaaker said COVID-19 is still in India and it is "very likely" that the government will have to spend a bit more on fiscal measures to support the economy.
The MNRE Secretary also accepted that the spread of coronavirus has not only disrupted the supply chain of components used in Renewable Energy projects but also has impacted the availability of workforce.
Briefing the press on the coronavirus situation, Health Ministry joint secretary Lav Agarwal said, "There is still no hard evidence to say there has been community transmission of coronavirus in India." Agarwal said.
Such enhancement is likely to cushion some of the impact of disruptions caused by Covid-19.
Food and beverage makers, agri-product companies, ingredient sellers and their packaging partners escalated their concerns over supply disruptions to the PM's Office on Wednesday, a day after PM Modi announced a 21-day national lockdown to contain the spread of Covid-19.
The services will be available in Mumbai, along with Delhi NCR, parts of Uttarakhand, Madhya Pradesh, Himachal Pradesh, Jammu and Punjab. In a series of tweets, Big Bazaar shared phone numbers for different outlets where customers can call and place orders.
"The government has rightly permitted food, vegetables, groceries and medicines to be excluded from the lockdown. However, clear instructions need to be provided to the enforcement authorities across states so that these essential items and the supply chain around it, is allowed to function," a company spokesperson said.
A research scholar waiting to meet his newborn baby, a graduate worried about the job offer in Bangalore and a pregnant woman whose four-day work trip now stretches interminably are among the at least 220 Indians stranded in Japan.
Scheme worth Rs 10,000 crore will be implemented on the lines of Prime Minister’s vision of ‘vocal for local with global outreach’, to help two lakh micro food enterprises (MFE); improved health and safety standards, integration with retail markets and improved incomes to be key focus areas, said the minister.
In a communication to chief secretaries of state governments and Union Territory administrations, Union Home Secretary Ajay Bhalla said some states and UTs are issuing orders allowing activities which have not been allowed as per the guidelines issued by the home ministry under the Disaster Management Act, 2005.
Covid-19 has come as a supply as well as demand shock resulting in the contraction of the economy. The private sector is no longer optimistic about the future and is unlikely to make long term investments.
“Fixed income markets are likely to rethink the market yield levels,” analysts at Citigroup Inc. said.
According to a source, such a bond issue would require amendments to tax laws.
The IPL was scheduled to begin from March 29, but the tournament had to be postponed until April 15 due to the coronavirus pandemic. At the time of BCCI's announcement, the Central government had also suspended all visas to India till April 15 as part of measures to contain the spread of the pandemic.
In the consolidated guidelines issued by the Union Ministry of Home Affairs, no relaxation has been given to liquor manufacturing or retail sales, which was allowed in Assam from Monday by the state Excise Department. The department issued an order this evening asking all deputy commissioners to close liquor shops, wholesale warehouses, bottling plants, distilleries and breweries indefinitely.
"The home minister spoke to the Maharashtra chief minister and expressed concern over the large gathering of people in Mumbai's Bandra area," a home ministry official said. Shah also offered his full support to the Maharashtra government in dealing with the situation, the official said.
Thackeray said feedback from all migrant labour camps is similar - that these workers want to go back to their native places.
WHO's comments came after prime minister Narendra Modi announced the extension of current lockdown till May 3. The PM said the implementation of the lockdown will be strictly ensured in coming days to ensure that the virus does not spread to new areas
Amit Shah congratulated Modi "for such an unprecedented decision" that strengthens social harmony. The home minister said the trust will be independent to take every decision related to the temple and 67 acres of land will be transferred to it.
"As countries are providing stimulus, it remains to be seen how much the loss in the economic activity gets recovered, to what extent the income inequality is being narrowed and the degree to which the productivity levels are restored. All these factors will help decide which economies will emerge out to be stronger post this crisis," D &B India Chief Economist said.
Health Minister Rajesh Tope urged people to observe strict discipline so that the number of cases goes down, which will then pave the way for lifting of the lockdown. He, however, said that the lockdown will be lifted in phases whenever it is done, so that "not all the people can be allowed to come on to the streets at one go".
March 25 was the festival day of Ugadi, which marks the new year in most parts of Karnataka. It was a scene of chaos at major highways on the evening of March 24 as people took whatever transport was available to leave the city. Many of them were migrant workers as the tech capital gets a large number of them from the backward North Karnataka region.
New Delhi reported a 61% decrease in PM2.5 levels over the corresponding period in 2019. The decrease seen in Pune was 54%, while it was 33% in Bengaluru and 53% in Ahmedabad, according to data from the Central Pollution Control Board.
The regulator has been giving relaxation to listed companies and other market intermediaries as part of efforts to ease their compliance burden.
The clarification follows "misinterpretation" by some media reports which have "claimed" that the guidelines of the ministry have prescribed penal actions against company directors and management if employees test positive for COVID-19 disease, a home ministry spokesperson said in a tweet.
All traffic, picket and beat staff have been briefed to allow the following retailers, operators and online delivery services to operate in Delhi. This comes a day after the Delhi Police held a meeting with representatives of e-commerce websites and assured them help in ensuring smooth movement of essential services.