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HM Amit Shah to visit Indore on July 14

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HM Amit Shah to visit Indore on July 14

Bhopal, July 10 (IANS) Union Home Minister Amit Shah will be visiting Indore, the economic city of Madhya Pradesh on July 14. It will be his first visit to the state after the Lok Sabha elections where the BJP won all 29 seats.

During his visit, the Home Minister would inaugurate the ‘Prime Minister College of Excellence’ at Arts and Commerce College in Indore. Chief Minister Mohan Yadav-led BJP government of Madhya Pradesh has started as many as 55 ‘PM Excellence Colleges’.

CM Yadav has earlier announced that one government college of each district (total 55 districts are in MP) would be converted as ‘PM Excellence College’ and better facilities, including adequate teaching staff, libraries and bus services for the students would be provided.

More than 1500 professors would be appointed in ‘PM Excellence Colleges’. At present, a total of 570 government colleges are operating in Madhya Pradesh. The facilities and faculties in these colleges have been upgraded, for which the state government has sanctioned Rs 460 crore.

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During his visit to the city, the Union Home Minister will also participate in a tree plantation drive, which is part of Prime Minister Narendra Modi’s initiative for a nationwide plantation drive under the ‘Ek Ped Maa Ke Naam’ campaign.

A notification of appointing the officials issued by the Indore district collector read that Home Minister Amit Shah would plant a sapling at ‘Revti Range’ ground in Indore. The MP government has started a mega plantation drive in the state and 50 lakh saplings will be planted in Indore city.

Earlier, CM Mohan Yadav, Urban Development Minister Kailash Vijayvargiya, Union Minister Bhupender Yadav and some other BJP leaders participated in the mega plantation drive in Indore.

Lok Sabha Speaker Om Birla, who visited Indore on Tuesday, planted a sapling at ‘Pitra Parvat’. On Monday, Bollywood actor Sunil Shetty arrived in Indore and joined the plantation drive being carried out by the Indore Municipal Corporation.

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–IANS

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Rs 7545 cr allocated to Maha, Oppn reacted without reading Budget: Dy CM

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Rs 7545 cr allocated to Maha, Oppn reacted without reading Budget: Dy CM

Rs 7545 cr allocated to Maha, Oppn reacted without reading Budget: Dy CM

Mumbai, July 23 (IANS) Maharashtra Deputy Chief Minister Devendra Fadnavis on Tuesday said that the state’s opposition has reacted to the Budget without reading it.

“We have a slew of state projects which have got the budgetary allocation of Rs 7,545 crore. Our opposition leaders reacted without reading the Budget,” the Deputy Chief Minister said.

He also gave a list of the projects and their allocated funds: Irrigation projects in Vidarbha Marathwada (Rs 600 crore), Maharashtra Rural Road Improvement (Rs 400 crore), Economic corridor for inclusive development (Rs 466 crore), Eco-Friendly Sustainable Agriculture Project (Rs 598 crore), Maharashtra Agriculture and Rural Transformation Project (Rs 150 crore), MUTP-3 (Rs 908 crore), Mumbai Metro (Rs 1087 crore), Delhi-Mumbai Industrial Corridor (Rs 499 crore), MMR Green Urban Mobility (Rs 150 crore), Nagpur Metro (Rs 683 crore), Nag Nadi Rejuvenation (Rs 500 crore), Pune Metro (Rs 814 crore) and Mula Mutha River Conservation (Rs 690 crore).

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“When the public elects you, there is an expectation that the elected representatives should read the provisions. I see that many big announcements have been made for Maharashtra,” the Deputy Chief Minister said.

He added that the Union Budget is a future-oriented budget keeping in mind the youth, poor and farmers of the country.

“Many advanced countries are struggling with the economy and in such a situation, India has shown a growth of 8.2 per cent. This growth is a growth that reflects the strength of India’s economy. Social sector expenditure has doubled in 2023-24 from nearly Rs 11 lakh crore to Rs 23 lakh crore,” the Deputy Chief Minister said.

He said that the expenditure on the health sector has now almost doubled to Rs 5.85 lakh crore against Rs 2.5 lakh crore in 2017-18.

“Through this budget, an investment of Rs 11 lakh crore will be made for infrastructure. The Centre has brought two schemes for the states, interest-free loans of Rs 1.5 lakh crore for 50 years and 15 years,” the Deputy Chief Minister said.

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He said that also, a big announcement has been made regarding the new pension scheme.

“As in the state, we have made some rules along with all the employee unions. The Central government is also working along the same lines. This budget has been presented with an eye on the future and not just raining slogans,” the Deputy Chief Minister said.

–IANS

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Court hands 5-year RI to key accused in fake currency seizure case

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Court hands 5-year RI to key accused in fake currency seizure case

Court hands 5-year RI to key accused in fake currency seizure case

Kolkata, July 23 (IANS) A special National Investigation Agency (NIA) court here on Tuesday sentenced Faijul Sk who was identified as the key accused in a case related to fake Indian currency notes (FICN) in West Bengal’s Malda district to five years of rigorous imprisonment (RI).

Faijul, a resident of Gopalganj area of Malda, has also been fined Rs 5,000, the NIA said, adding that failure to submit the amount will attract an additional three months of RI.

“The trial against three other accused, including an absconding Bangladeshi citizen, is continuing,” an NIA statement read.

On September 16, 2019, the Directorate of Revenue Intelligence recovered fake notes totalling Rs 1,99,000.

“The currency was seized from the possession of one Asim Sarkar, who was taken into custody. NIA, which took over the investigation in October 2019, subsequently arrested Faijul Sk, along with another accused, Aladu. A fourth accused, a Bangladeshi national identified as Abdul Rahim, is absconding,” the statement read.

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NIA learnt during the investigation that they have collectively hatched a criminal conspiracy to procure and circulate FICN with the intention to use the same as genuine for unlawful gains.

–IANS

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Goa reeling under Rs 27,489 crore debt: CM replies in Assembly

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Goa reeling under Rs 27,489 crore debt: CM replies in Assembly

Goa reeling under Rs 27,489 crore debt: CM replies in Assembly

Panaji, July 23 (IANS) With the state reeling under a debt of Rs 27489 crores, the Goa government has decided to restrict expenditure within budgeted revenues, said Chief Minister Pramod Sawant on Tuesday.

The opposition parties on many occasions have attacked the BJP government for increasing the debt of the state.

While replying to the Legislative Assembly Question (LAQ) by BJP MLA Krishna Salkar, the finance department said that the current total public debt of the state as on June 30, 2024 was Rs.2748904.53 lakhs.

“Restricting expenditure within budgeted revenues, restricting borrowings within FRBM limits and restructuring of high interest loans are the three measures being taken by the finance department to reduce the debt,” Pramod Sawant, who also holds the finance portfolio, said.

According to the data provided by the finance department, the total debt of the state for the financial year 2019-20 was Rs 16894 crore, 2020-21 Rs 20729 crores, 2021-22 Rs 23271 crores, 2022-23 Rs 24619 crore, and 2023-24 Rs 27382 crores.

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To counter the attacks by the opposition parties over borrowings, Sawant had said last year that “We have done such a planning and financial management that after two years, we will not require to take loans. We will have mining revenues, GST collections, excise revenues, and 36 per cent share from the Manohar International Airport at Mopa,”

–IANS

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Budget 2024-25 'exceptional and empowering': Jitendra Singh

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Budget 2024-25 'exceptional and empowering': Jitendra Singh

Budget 2024-25 'exceptional and empowering': Jitendra Singh

New Delhi, July 23 (IANS) The Union Budget 2024-25, presented on Tuesday in the Parliament by Finance Minister Nirmala Sitharaman is “exceptional and empowering”, Union Minister Jitendra Singh said.

Calling measures such as “ending of angel tax and introduction of paid internships” as “bold and innovative proposals”, Jitendra Singh said it will boost startups and start-up ecosystem.

“In order to boost the Indian Startup ecosystem, the Union Budget 2024-25 abolished angel tax for investors,” said Singh.

Other proposals like the “increase in Mudra loan limit to Rs 20 lakh, Rs 1 lakh crore for Anusandhan National Research Foundation and planning five times increase in the next 10 years while earmarking Rs 1,000 crore venture fund for space startups all supplement each other to further strengthen India’s startup ecosystem”, he added.

The Union Minister also said that the third term of Prime Minister Narendra Modi-led government has nine priority areas as mentioned by Finance Minister Nirmala Sitharaman in Parliament on Tuesday.

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This includes boosting startups, generating employment, skilling, MSMEs and the middle class.

Another priority area is “employment and skilling” which got a major boost under Prime Minister’s package of five schemes, Jitendra Singh said.

The schemes include innovative initiatives for employment, skilling, and other opportunities for 4.1 crore youth over 5 years. He further added that the first scheme under the PM’s package will provide one month’s wage to all persons entering the workforce.

“The 5th scheme launches a comprehensive scheme for providing internship and apprentice opportunities to youth in top 500 companies to 1 crore youth in five years, in order to promote skilling and apprentice culture,” the Science and Technology Minister said.

Jitendra Singh also noted that nearly 20 lakh youth will be skilled over 5 years, while 1,000 industrial training institutes will be upgraded in hub and spoke arrangements in collaboration with state governments and industries for skill development.

Further, to carry forward the acquired skills and promote self-employment, the model skill loan scheme will be revised to facilitate guaranteed loans up to 7.5 lakh which will help nearly 25,000 students annually, he said.

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Increasing the limit of Mudra loans to Rs 20 lakh from the current Rs 10 lakh for those who have successfully repaid previous loans under the ‘Tarun’ category “marks a revolutionary step to promote entrepreneurship”.

Jitendra Singh noted that to promote women-led development, the Budget allocated more than 3 lakh crore for women’s welfare schemes.

–IANS

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Mamata Banerjee hikes Durga Puja donations for clubs to Rs 85,000

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Mamata Banerjee hikes Durga Puja donations for clubs to Rs 85,000

Mamata Banerjee hikes Durga Puja donations for clubs to Rs 85,000

Kolkata, July 23 (IANS) West Bengal Chief Minister Mamata Banerjee on Tuesday announced a Rs 15,000 hike in donations for clubs organising community Durga Puja in the state, from Rs 70,000 last year to Rs 85,000 this time.

The Chief Minister also directed the two power distribution utilities — WBSEDCL and CESC Limited — to increase the concession for power supply to the community Puja committees from 66 per cent last year to 75 per cent this time.

This year, Durga Puja will be celebrated from October 9 to October 13.

As per initial estimates, the total outflow of the dole package will be to the tune of Rs 500 crore, including Rs 365 crore as donations to 43,000 puja committees, out of which around 3,000 are in Kolkata while the remaining are spread across the state.

CM Banerjee also announced that the donation amount will be increased to Rs 1,00,000 for each community Puja committee from next year.

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Some economic analysts feel that such enhancement in annual donations to the community puja committees is a wasteful expenditure, saying the state government should instead concentrate more on asset-creating capital expenditures besides reducing avoidable revenue expenditures.

The cash crunch in the state exchequer was evident in the recent decision of the state government to go for rationalisation of manpower instead of fresh recruitments.

In a report last year, the Comptroller and Auditor General (CAG) expressed concern over the increase in revenue expenditure in West Bengal resulting in a sharp increase in revenue deficit.

The CAG report also raised questions about the budgetary management of the West Bengal government by pointing out the instances of huge excess expenditure under several grants.

–IANS

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