Telangana IT & Industries Minister KTR formally met United Kingdom’s Intl. Trade Minister Ranil Jayawardena in London

Office of Minister KTR:

  • IT & Industries Minister KTR formally met United Kingdom’s International Trade Minister Mr Ranil Jayawardena in London.

  • Collaboration opportunities between UK & Telangana in sectors such as Education, Healthcare, & IT were discussed during the meeting.

  • Minister KTR invited Mr. Ranil to Bio Asia 2023 which will be held in Hyderabad.

  • Industries Dept. Prl. Secy Jayesh Ranjan, Telangana Life Sciences Director Shakthi Nagappan and British Deputy High Commissioner in Hyderabad Dr Andrew Fleming were also present in the meeting.

Amendments to the National Policy on Biofuels will encourage research in developing indigenous technologies, boost ‘Make in India’ and create employment opportunities: PM Narendra Modi

Amendments to the National Policy on Biofuels, which have been approved by the Cabinet will encourage research in developing indigenous technologies, boost ‘Make in India’ and create employment opportunities.

PM Narendra Modi

The Union Cabinet, chaired by Prime Minister Shri Narendra Modi, has approved the Amendments to the National Policy on Biofuels -2018.

The “National Policy on Biofuels – 2018” was notified by Ministry of Petroleum and Natural Gas on 04.06.2018 in supersession of National Policy on Biofuels, promulgated through the Ministry of New & Renewable Energy, in 2009.

Due to advancements in the field of Biofuels, various decisions taken in the National Biofuel Coordination Committee (NBCC) meetings to increase biofuel production, recommendation of the Standing Committee and the decision to advance to introduce Ethanol Blended Petrol with up to twenty per cent ethanol throughout the country from 01.04.2023, amendments are done to the National Policy on Biofuels.

 The following are the main amendments approved to the National Policy on Biofuels:

  1. to allow more feedstocks for production of biofuels,
  2. to advance the ethanol blending target of 20% blending of ethanol in petrol to ESY 2025-26 from 2030,
  3. to promote the production of biofuels in the country, under the Make in India program, by units located in Special Economic Zones (SEZ)/ Export Oriented Units (EoUs),
  4. to add new members to the NBCC.
  5. to grant permission for export of biofuels in specific cases, and
  6. to delete/amend certain phrases in the Policy in line with decisions taken during the meetings of National Biofuel Coordination Committee.

This proposal will also attract and foster developments of indigenous technologies which will pave the way for Make in India drive and thereby generate more employment.   

        The existing National Policy on Biofuels came up during year 2018. This amendment proposal will pave the way for Make in India drive thereby leading to reduction in import of petroleum products by generation of more and more biofuels. Since many more feedstocks are being allowed for production of biofuels, this will promote the Atmanirbhar Bharat and give an impetus to Prime Minister’s vision of India becoming ‘energy independent’ by 2047.

Coal imports for blending in Power plants were only 8.3 Million Tonnes in 21-22 compared to 21.4 Million Tonnes and 23.8 Million Tonnes respectively in the preceding years – cause for the stress in the availability of coal

Ministry of Power:

  • Power Ministry has issued directions to all  Gencos that if the orders for import of coal for blending are not placed by Gencos by 31.05.2022 and if the imported coal for blending purpose do not start arriving at the power plants by 15.06.2022, all the defaulter Gencos would have to import coal for blending purpose to the extent of 15% (in order to meet shortfall of imported coal for blending purpose in Quarter1 i.e. Apr-June 2022) in the remaining period upto 31.10.2022.

  • It has further said that not much blending has taken place in the months of April and May 2022, the power plants (who have not yet started blending by imported coal) will ensure that they blend coal at the rate of 15 % upto Oct 2022 and thereafter at the rate of 10% from November 2022 to March 2023.

  • The ministry,in letter written to State Secretaries/ Principal Secretaries and all Gencos, has said that keeping in view the likely less materialization of coal supply from domestic sources as compared with the requirement to meet power demand, domestic coal will be allocated proportionately to all Gencos based on likely availability from 01.06.2022 and the balance requirement will need to be met from imported coal for blending purpose and target set for production in captive coal mines.

  • If blending with domestic coal is not started by 15.06.2022 then the domestic allocation of the concerned defaulter thermal power plants will be further reduced by 5%.

  • Accordingly, revised allocation of domestic coal for the month of July, 2022 onwards will be conveyed based on the above methodology.

  • All Gencos have been advised to  ensure adequate stocks at their power plants for smooth operation until Oct,2022.

  • The ministry has directed that the imported coal based plants should run and the State should import coal for blending, as in the previous years.  Ministry of Power had issued directions u/s 11 of the Electricity Act that all the imported coal based plants start running and most of them have started running. 

  • However, the import by States of coal for blending is not satisfactory.  In 2018-19 a total of 21.4 Million Tonnes of coal were imported for blending.  In 2019-20, the total import for blending was 23.8 Million Tonnes whereas in 2021-22, it was only 8.3 Million Tonnes. 

  • This is the cause of the stress in the availability of coal.

Shooting of foreign films in India get a boost, Union Minister Anurag Thakur announces major sops

Incentives upto INR 2 crore for Co-production & upto INR 2.5 crore for shooting foreign films in India

  • Union Minister for Information and Broadcasting Shri Anurag Thakur today inaugurated the India Pavilion at Cannes Film Market ‘Marche du Film’.

  • With an aim to make India a favorite destination for foreign film makers, Union Minister for Information and Broadcasting Shri Anurag Thakur today unveiled two schemes to incentivize shooting of foreign films and foreign co-productions with India.

  • The two schemes viz Incentive Scheme for Audio-Visual Co-production and Incentive Scheme Shooting of foreign films in India are aimed at unleashing the potential of Indian media and entertainment industry.

  • Talking about the aspects of the incentives Shri Thakur informed that for official co-productions, international film production companies can claim a reimbursement of up to 30% on Qualifying Expenditure in India subject to a maximum of INR 2 crore.

  • Foreign films shooting in India can claim an additional 5% bonus up to a maximum of INR 50 lakhs (USD 65,000) as additional reimbursement would be granted for employing 15% or more manpower in India. 

  • The schemes will provide an impetus to, global collaborations with India and attract investment from foreign film makers and help promote India as a filming destination, the Minister said.

  • Under the Incentive Scheme for Audio Visual Co-production, for all qualifying projects, the Indian Co-producer can claim a payable cash reimbursement of up to 30% on Qualifying Expenditure in India subject to a maximum of INR 2 crore (USD 260,000). However, reimbursement shall be divided among the Producers as per their respective share of the financial contribution for the project. 

  • The project must have been granted a “Co-Production” status by the Ministry of I&B and the participating country(ies), under one of India’s official bi-lateral co-production treaties on Audio-Visual Co-production. Projects that have been granted official Co-production status after 01.04.2022 are eligible for the incentive.  

  • Under the Incentive Scheme for Shooting of Foreign Films in India, the same incentive as mentioned above shall be provided. Apart from that an additional 5% bonus up to a maximum of INR 50 lakhs (USD 65,000) can be claimed, as additional reimbursement and would be granted for employing 15% or more manpower in India.

  • To avail this scheme International productions that have been granted shooting permission by the Ministry of Information & Broadcasting and Ministry of External Affairs (for documentaries only) after 01.04.2022 shall be eligible.

  • The Incentives will be disbursed in two stage i.e. Interim and Final. The final disbursement claim can be made once the project is complete in India. Incentives will be provided on the recommendation of a Special Incentive Evaluation Committee. (The detailed guidelines for which will be available on the FFO website). Moreover, incentives can be claimed under either of the Schemes and not for both. 

  • The Incentive Scheme shall be executed through Film Facilitation Office (FFO) under the aegis of National Film Development Corporation (NFDC).

Discussed innovative ongoing research initiatives with our vice chancellors & their teams: Manish Sisodia – Dy CM, Delhi

Manish Sisodia – Dy CM, Delhi:

  • Discussed innovative ongoing research initiatives with our vice chancellors & their teams.

  • Urged them to think bigger & forge partnerships with the best global universities.

  • Delhi Govt is committed to funding academic research leading to bold ideas that make the world better.

  • I am encouraged by some of the exciting research projects at our universities:

  • IIIT’s Social Robots with emotional quotient for patient care

  • DTU’s Specialised Electric Vehicle components to boost EV penetration in India

  • IGDTUW’s Voice Solution to assist disabled citizens

Hardik Patel resigns from the Congress party

Hardik Patel – Gujarat leader:

  • Today I drew up the courage to resign from all posts in the Congress party and also from the primary membership of the party.

  • I am sure that my decision will be welcomed by all my colleagues and the people of Gujarat.

  • I believe that after this step of mine, I will be able to work in a positive manner for the future of Gujarat.

आज मैं हिम्मत करके कांग्रेस पार्टी के पद और पार्टी की प्राथमिक सदस्यता से इस्तीफा देता हूँ। मुझे विश्वास है कि मेरे इस निर्णय का स्वागत मेरा हर साथी और गुजरात की जनता करेगी। मैं मानता हूं कि मेरे इस कदम के बाद मैं भविष्य में गुजरात के लिए सच में सकारात्मक रूप से कार्य कर पाऊँगा।

Thank you to the affectionate NRIs of Telangana in UK for their overwhelming welcome: KTR

KTR – Minister, Telangana Govt.:

  • Thank you to the affectionate NRIs of Telangana in UK for their overwhelming welcome

  • Special thanks to Anil Kurmachalam Garu who has been spearheading NRI TRS in UK for over a decade & Ashok Dusari Garu NRI TRS UK president who gave me a ride in his car with special number plate

State Govt not paying MSP of ₹17 per unit to pineapple farmers: Shashi Tharoor

Shashi Tharoor – MP, Congress leader:

  • In a Gandhian protest, pineapple farmers gave away 10,001 high-quality pineapples they cannot afford to grow, to passers-by for free.

  • They can’t live on the prices they get, so the protest made a major point in a way that captures the imagination of the public.

  • Addressed a pineapple farmers’ protest led by MLA Mathew ⁦Kuzhalnadan⁩ in Palarivattom against unremunerative prices for their crop.

  • State Govt not paying MSP of ₹17 per unit; at rates of ₹5, two pineapple farmers have committed suicide.

  • This is an unreported crisis.

Union Cabinet Decisions

Jaideep Bhatnagar – DG PIB:

Cabinet approves Amendments to the National Policy on Biofuels -2018

The ethanol blending target of 20% advanced to ESY 2025-26 from 2030

This will foster developments of indigenous technologies and thereby generate more employment

Cabinet approves construction of 540 Megawatt Kwar Hydro Electric project;

Project to generate 1975 million units of electricity and be commissioned in 54 months

Cabinet empowers the Board of Directors of the Holding / Parent Public Sector Enterprises to recommend and undertake the process for Disinvestment/closure of their subsidiaries in JVs and additional delegation of powers to Alternative Mechanism

Union Minister Piyush Goyal announces formation of Cotton Council of India for bringing about a tangible improvement in the cotton value chain

Ministry of Textiles:

  • Shri Piyush Goyal meets stakeholders in the cotton value chain; announces formation of Cotton Council of India, under Chairmanship of Shri Suresh Bhai Kotak

  • Council to have representation from Ministry of Textiles, Agriculture, Commerce, Finance, Commerce and Industry, Cotton Corporation of India and Cotton Research Institute

  • The 1st meeting of proposed Council will be held on 28th May 2022 to discuss, deliberate and prepare a robust action plan for bringing out a tangible improvement in this field

  • Shri Piyush Goyal calls upon spinning and trading community to ensure hassle free supply of cotton and yarn first to the domestic industry ; Appeals to divert only surplus cotton and yard for exports

  • Emphasises the need of holding hands of cotton farmers besides extending all possible support to stakeholders engaged in backward and forward integration

  • Government to actively consider the demand of the spinning sector for exemption from import duty on those import contracts in which bills of lading is issued upto 30th September 2022

  • Shri Goyal exhorts all stakeholders to resolve cotton and yarn price issue, in the spirit of collaboration rather than competition and super profiteering

Read more:
https://pib.gov.in/PressReleasePage.aspx?PRID=1826205

Sri Sri Ravi Shankar

Sri Sri at Sunrise

Your friends tie you to the world, to matter. The Master ties you to the Divine, to the Spirit :
Sri Sri

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