by admin | May 25, 2021 | Corporate, Corporate Governance, Economy, Markets, News, Politics
Panaji : Defence Minister Nirmala Sitharaman on Thursday cautioned Indian defence shipyards against constantly pleading with the government for equipment manufacturing contracts while urging them to look abroad for selling maritime battle ware.
Sitharaman was addressing a function at Goa Shipyard Limited in the port town of Vasco, 35 km from here, to launch an offshore patrol vessel.
She said Prime Minister Narendra Modi’s ‘Make in India’ call was not just aimed at manufacturing for local markets but also to promote India as a defence equipment manufacturing hub for a global market.
“There should definitely be an approach of competing globally. You have a market everywhere. There is immense interest in buying from India, such things like offshore patrol vessels, speedboats for guarding the borders,” the Minister said.
“Many southeast Asian countries have requested and shown interest in wanting to purchase from India what otherwise they would have gone for a Western producer,” she added.
She chided Goa Shipyard for constantly pleading with the Defence Ministry for manufacturing orders for the domestic market while also urging it to reach out to the global market.
“I want not just Goa Shipyard but also every public sector in the defence public sector undertakings to look at themselves as manufacturers of international class and not just depend on captive market which is the defence forces or the navy or the coast guard,” Sitharaman said.
“We want many private entrepreneurs in the industry and investments to happen so that there is a healthy opening up. Private and public should together contribute to India’s manufacturing sector,” she added.
—IANS
by admin | May 25, 2021 | News, Politics
Jammu : Security cover of 18 separatist leaders and 155 Jammu and Kashmir politicians has been withdrawn in the aftermath of the Pulwama attack on February 14 in which over 40 CRPF troopers were killed.
An order issued by the Home Department late on Wednesday said security cover of separatists and some mainstream politicians was also being withdrawn/downgraded apart from those that were initially withdrawn on February 18.
As per the new order, the new list includes names from the National Conference, Peoples Democratic Party (PDP), Bharatiya Janata Party and the Congress.
Some of them are Hurriyat leader Syed Ali Shah Geelani, Jammu Kashmir Liberation Front (JKLF) chief Yasin Malik, former IAS officer Shah Faesal and PDP leader Waheed Para.
“Over 1,000 personal security guards and 100 vehicles provided to the secured persons are being withdrawn,” officials said here.
The security cover of four senior separatist leaders — Mirwaiz Umer Farooq, Shabir Shah, Professor Abdul Gani Bhat and Bilal Lone were already withdrawn on Monday.
The decision to cut down heavily on separatist leaders’ cover was taken in the aftermath of the Pulwama attack when an explosive-packed SUV rammed into a bus of a Central Reserve Police Force convoy on the Jammu-Srinagar highway killing 40 paramilitary troopers on the spot in the worst-ever terror attack in the state since militancy struck there in 1989.
—IANS
by admin | May 25, 2021 | Business Summit, Economy, Events, News, Politics
New Delhi : India is committed to provide power to all citizens at affordable cost as well as boost the national economy through an industrial revolution, President Ram Nath Kovind said on Wednesday.
The President spoke after inaugurating the International Conference and Exhibition on Energy and Environment: Challenges and Opportunities (ENCO 2019) here.
He said that in today’s era of rapid technological advance, energy and environment were major concerns not only for developing countries but also for developed countries.
Global trends showed that coal will remain the predominant energy source for most countries, including India, while renewable sources will also grow, he said.
The President said that India was committed to provide power to all citizens at affordable cost as well as boost the national economy through an industrial revolution.
He urged participants of the Conference to come up with actionable ideas on environmental issues related to the use of fossil fuels and viable alternatives.
The conference was organised by the Council of Scientific and Industrial Research.
—IANS
by admin | May 25, 2021 | News, Politics
Lucknow : Samajwadi Party chief Akhilesh Yadav on Wednesday slammed the Modi government for approving an ordinance for a third time to make triple talaq a law.
The Modi cabinet on Tuesday evening ratified three ordinances, including one on triple talaq.
Yadav said the law was being “used as a weapon” to target minorities from university campuses to Parliament. He said the ordinance was not the way to usher in major social changes.
“Only politics of honour and respect can make the country progressive.”
He also urged his party workers to ensure that the decades of rivalry between his party and the Bahujan Samaj Party was bridged so that the alliance emerged victorious in the Lok Sabha election in Uttar Pradesh.
—IANS
by admin | May 25, 2021 | Corporate, Corporate Governance, Economy, News, Politics
Varanasi : Prime Minister Narendra Modi on Tuesday flagged off the world’s first diesel to electric converted locomotive here.
Modi was received at the Lal Bahadur Shastri International Airport by Uttar Pradesh Governor Ram Naik, Chief Minister Yogi Adityanath, Deputy Chief Minister Keshav Prasad Maurya, state Bharatiya Janata Party (BJP) chief Mahendra Nath Pandey and other senior officials.
After the flag-off from the Diesel Locomotive Works (DLW) campus, he also interacted with differently abled persons.
The Prime Minister is scheduled to spend around six hours in Varanasi, his parliamentary constituency, during which he will launch projects worth Rs 3,300 crore.
He will also visit the Sant Ravidas temple.
This is Modi’s 17th visit to the temple town after becoming its representative in 2014.
—IANS
