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Pradhan Mantri Kisan Sammaan Yojana to all farmers

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Prime Minister Narendra Modi chaired his first cabinet meeting of his second tenure. The Cabinet has approved extension of Prime Minister Kisan Sammaan yojana to all farmers. Earlier the benefit of this scheme was applicable to farmers having two hectacre land.

Briefing reporters after the cabinet meeting in New Delhi, Agriculture Minister Narendra Singh Tomar said, now nearly 14 crore 50 lakh farmers will benefit from the scheme.

He said over three crore farmers have been benefited so far. Under the PM-Kisan scheme six thousand rupees per year is being given in three installments to the farmers.

The centre today approved a new scheme called Pradhan Mantri Kisan Pension Yojana. This is a voluntary and contributory pension scheme for all small and marginal farmers across the country.

The beneficiaries should be in the age group of 18 to 40 years. Under this scheme, the farmers will get a minimum fixed pension of 3 thousand rupees on attaining the age of 60.

Briefing reporters after the cabinet meeting, Agriculture Minister Narendra Singh Tomar said, the central government will also contribute an equal amount to the pension fund. He said, the scheme aims to initially cover 5 crore farmers in the first 3 years.

The Cabinet has cleared a pension scheme for small traders. Briefing reporters in New Delhi today, Information and Broadcasting Minister Prakash Javdekar said, the scheme is meant to provide universal social security to all shopkeepers, retail traders and self-employed persons.

They will be given a minimum monthly pension of 3 thousand rupees on attaining the age of 60 years. All small shopkeepers, self-employed persons and retail traders with GST turnover of 1.5 crore rupees in the age group of 18 to 40 years will be eligible to enroll for the scheme through the designated centres across the country.  Altogether 3 crore retail traders and shopkeepers will be benefited under this scheme.

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BHEL Net profit up 50.7% to Rs 1,215 crore in FY19

The public sector giant Bharat Heavy Electricals Limited (BHEL) has posted a quantum jump in profits and has recommended a final dividend of 60% during the financial year 2018 – 19. During the year, the company achieved a profit before tax (PBT) of Rs. 2,058 crore, compared to a PBT of Rs. 1,585 Crore during the year before, registering a surge of 29.8%. A press release of the corporation released in Trichy, Tamilnadu, today says that net profit for the year stands at Rs. 1,215 crores, against Rs.807 crores in the previous fiscal, resulting in a 50.7% jump.

During the year, BHEL had also developed in-house the country’s first state-of-the-art regenerative braking system and delivered the first 6,000 HP electric locomotive to the Indian Railways. The company also received its maiden order for electrification of 440 km rail route during the year.
The press release also revealed that BHEL is in the process of setting up a rail-based logistics terminal at Haridwar and has plans to make Bengaluru a solar business hub.

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UNSG:India valuable partner of UN

UN Secretary-General Antonio Guterres has described India as a very valuable partner of the United Nations and that he looks forward to working with the new government led by Prime Minister Narendra Modi.

Farhan Haq, Deputy Spokesman for the Secretary-General has said this at the daily press briefing on Guterres’ message for Prime Minister Modi as he was sworn-in as India’s Prime Minister for a second five-year term.

Haq said UN Secretary-General Guterres has worked very closely with Prime Minister Modi, including on the issue of climate change.

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Suicide car bomb hits Kabul

Afghanistan, seven people were feared killed in a suicide car bomb explosion early today in an eastern neighbourhood of the capital Kabul.

The attacker struck in the eastern Yakatot neighbourhood, where U.S. and NATO forces maintain complexes as well as facilities operated by the Afghan National Security Forces.

Kabul police chief spokesman Firdous Faramaz, could not immediately say how many were dead or wounded.

On Thursday, six people were killed when a suicide bomber blew himself up outside an Afghan army academy and training centre, also in the same area but several kilometres away from today’s explosion.

No one has taken responsibility for either attack.

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India: UNSC reform process slow

India has criticised the slow pace of UN Security Council reform process. The adoption of opaque methodologies, non-attribution of assertions and obfuscation of references by the member states are attributed to block the early reform of the world body.

India’s Permanent Representative Syed Akbaruddin said that the document co-chairs produced on the meetings of the Inter-Governmental Negotiations (IGN) for reforms during the current General Assembly session had serious gaps and did not properly reflect the proceedings.

He was addressing an informal plenary meeting of the IGN on ‘Question of equitable representation on an increase in the membership of the Security Council and other matters related to the Council’.

The G-4 grouping of India, Japan, Brazil and Germany has been seeking expansion of the permanent and non-permanent seats of the Council to make it more representative and reflective of the changing global order.

The four nations support each other’s bids for permanent seats on an expanded Security Council.

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PM Modi meets leaders of BIMSTEC

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Prime Minister Narendra Modi holds bilateral meetings with visiting leaders of BIMSTEC countries and Prime Minister of Mauritius Pravind Kumar Jugnauth.

In the first of a series of bilateral meetings with foreign leaders, Prime Minister had a warm meeting with President of Sri Lanka Maithripala Sirisena, at Hyderabad House in New Delhi.

External Affairs Ministry spokesperson Raveesh Kumar said, the two leaders discussed bilateral issues of interest.

President Sirisena reiterated his desire to work together to strengthen relations between the two countries for peace, prosperity and security in the region.

Mr Modi conveyed his government’s continued commitment to further foster friendly bilateral ties with Sri Lanka. The leaders noted that terrorism and extremism continue to pose threat to humanity and committed to closer bilateral cooperation for peace and security in South Asia and the Indian Ocean region.

Prime Minister Modi also met Mauritius Minister Pravind Kumar Jugnauth. The two leaders exchanged views on a range of bilateral issues, including development cooperation. Prime Minister Modi reiterated his commitment to further strengthening the fraternal and enduring bilateral ties between the two countries in all spheres. Both leaders agreed to work together to achieve the shared vision of security and growth of the two countries and the Indian Ocean region.

Mr Modi also held bilateral meetings with Nepal Prime Minister K P Sharma Oli, and Bhutan Prime Minister Lotay Tshering.

Yesterday, Prime Minister Modi held a bilateral meeting with President of Kyrgyz Republic, Sooronbay Jeenbekov at Rashtrapati Bhawan.

This was his first engagement after being sworn in as Prime Minister for the second term. President Jeenbekov congratulated Prime Minister Modi and invited him to visit Kyrgyzstan for the SCO Summit and a bilateral visit during 13-15 June

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M6.1 Earthquake – Mindanao, Philippines

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Preliminary Report
Magnitude 6.1
Date-Time
  • 31 May 2019 10:12:32 UTC
  • 31 May 2019 18:12:32 near epicenter
  • 31 May 2019 14:12:32 standard time in your timezone
Location 6.264N 126.552E
Depth 90 km
Distances
  • 42.7 km (26.5 mi) ESE of Pondaguitan, Philippines
  • 84.9 km (52.6 mi) SSE of Mati, Philippines
  • 92.2 km (57.2 mi) SE of Lupon, Philippines
  • 105.1 km (65.2 mi) S of Manay, Philippines
  • 137.0 km (85.0 mi) SE of Davao, Philippines
Location Uncertainty Horizontal: 5.9 km; Vertical 5.1 km
Parameters Nph = 188; Dmin = 139.4 km; Rmss = 1.22 seconds; Gp = 26°
Version =
Event ID us 70003tl7
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Amit Shah Home, Rajnath Singh gets Defence

Prime Minister Narendra Modi will retain DoPT, Atomic Energy as well as all important policy issues and portfolios not allocated.

Modi was sworn in on Thursday as prime minister for a second term, helming a 58-member team of ministers, including him and BJP president Amit Shah who makes his debut in the Central government.

Nirmala Sitharaman will be the new Finance and Corporate Affairs minister while Nitin Gadkari will continue to be the Minister for Road Transport and Highways.

Piyush Goyal has been given the charge of the ministries of Railways and Commerce while Ravi Shankar Prasad will continue to helm the Ministry of Law, Telecom as well as the IT Ministries.

A new Ministry of Jal Shakti has been created and Gajendra Singh Shekhawat will be its minister.

Amit Shah will be the new Home minister, Rajnath Singh the new Defence minister and Nirmala Sitharaman the new Finance minister, the Rashtrapati Bhavan announced on Friday.

Former foreign secretary turned minister S Jaishankar has got the External Affairs ministry while Smriti Irani will be the new Women and Child Development Minister along with retaining the Textile Ministry, according to a communiqué issued by the Rashtrapati Bhavan.]

D V Sadananda Gowda: Minister of Chemicals and Fertilizers.

Ramvilas Paswan: Minister of Consumer Affairs, Food and Public Distribution.

Narendra Singh Tomar: Minister of Agriculture and Farmers Welfare; Minister of Rural Development; and Minister of Panchayati Raj.

Ravi Shankar Prasad: Minister of Law and Justice; Minister of Communications; and

Minister of Electronics and Information Technology.

Harsimrat Kaur Badal: Minister of Food Processing Industries.

Thaawar Chand Gehlot: Minister of Social Justice and Empowerment.

Dr Subrahmanyam Jaishankar: Minister of External Affairs.

Ramesh Pokhriyal ‘Nishank’: Minister of Human Resource Development.

Arjun Munda: Minister of Tribal Affairs.

Harsh Vardhan: Minister of Health and Family Welfare; Minister of Science and Technology; and Minister of Earth Sciences.

Prakash Javadekar: Minister of Environment, Forest and Climate Change; and Minister of Information and Broadcasting.

Piyush Goyal: Minister of Railways; and Minister of Commerce and Industry.

Dharmendra Pradhan: Minister of Petroleum and Natural Gas; and Minister of Steel.

Mukhtar Abbas Naqvi: Minister of Minority Affairs.

Pralhad Joshi: Minister of Parliamentary Affairs; Minister of Coal; and Minister of Mines.

Dr Mahendra Nath Pandey: Minister of Skill Development and Entrepreneurship.

Arvind Ganpat Sawant: Minister of Heavy Industries and Public Enterprise.

Giriraj Singh: Minister of Animal Husbandry, Dairying and Fisheries.

Ministers of State (Independent Charge)

1. Santosh Kumar Gangwar: Minister of State (Independent Charge) of the Ministry of Labour and Employment.

2. Rao Inderjit Singh: Minister of State (Independent Charge) of the Ministry of Statistics and Programme Implementation; and

Minister of State (Independent Charge) of the Ministry of Planning.

3. Shripad Yesso Naik: Minister of State (Independent Charge) of the Ministry of Ayurveda, Yoga and Naturopathy, Unani, Siddha and Homoeopathy (AYUSH); and

Minister of State in the Ministry of Defence.

4. Dr Jitendra Singh: Minister of State (Independent Charge) of the Ministry of Development of North Eastern Region; Minister of State in the Prime Minister’s Office;

Minister of State in the Ministry of Personnel, Public Grievances and Pensions;

Minister of State in the Department of Atomic Energy; and

Minister of State in the Department of Space.

5. Kiren Rijiju: Minister of State (Independent Charge) of the Ministry of Youth Affairs and Sports; and

Minister of State in the Ministry of Minority Affairs.

6. Prahalad Singh Patel: Minister of State (Independent Charge) of the Ministry of Culture; and

Minister of State (Independent Charge) of the Ministry of Tourism.

7. Raj Kumar Singh: Minister of State (Independent Charge) of the Ministry of Power;

Minister of State (Independent Charge) of the Ministry of New and Renewable Energy; and

Minister of State in the Ministry of Skill Development and Entrepreneurship.

8. Hardeep Singh Puri: Minister of State (Independent Charge) of the Ministry of Housing and Urban Affairs;

Minister of State (Independent Charge) of the Ministry of Civil Aviation; and

Minister of State in the Ministry of Commerce and Industry.

9. Mansukh L Mandaviya: Minister of State (Independent Charge) of the Ministry of Shipping; and

Minister of State in the Ministry of Chemicals and Fertilizers.

Ministers of State

Faggansingh Kulaste: Minister of State in the Ministry of Steel.

Ashwini Kumar Choubey: Minister of State in the Ministry of Health and Family Welfare.

Arjun Ram Meghwal: Minister of State in the Ministry of Parliamentary Affairs; and

Minister of State in the Ministry of Heavy Industries and Public Enterprises.

General (Retd) V K Singh: Minister of State in the Ministry of Road Transport and Highways.

Krishan Pal: Minister of State in the Ministry of Social Justice and Empowerment.

Danve Raosaheb Dadarao: Minister of State in the Ministry of Consumer Affairs, Food and Public Distribution.

G Kishan Reddy: Minister of State in the Ministry of Home Affairs.

Parshottam Rupala: Minister of State in the Ministry of Agriculture and Farmers Welfare.

Ramdas Athawale: Minister of State in the Ministry of Social Justice and Empowerment.

Niranjan Jyoti: Minister of State in the Ministry of Rural Development.

Babul Supriyo: Minister of State in the Ministry of Environment, Forest and Climate Change.

Sanjeev Kumar Balyan: Minister of State in the Ministry of Animal Husbandry, Dairying and Fisheries.

Dhotre Sanjay Shamrao: Minister of State in the Ministry of Human Resource Development;

Minister of State in the Ministry of Communications; and

Minister of State in the Ministry of Electronics and Information Technology.

Anurag Singh Thakur: Minister of State in the Ministry of Finance; and

Minister of State in the Ministry of Corporate Affairs.

Angadi Suresh Channabasappa: Minister of State in the Ministry of Railways.

Nityanand Rai: Minister of State in the Ministry of Home Affairs.

Rattan Lal Kataria: Minister of State in the Ministry of Jal Shakti; and Minister of State in the Ministry of Social Justice and Empowerment.

V Muraleedharan: Minister of State in the Ministry of External Affairs; and Minister of State in the Ministry of Parliamentary Affairs.

Renuka Singh Saruta: Minister of State in the Ministry of Tribal Affairs.

Som Parkash: Minister of State in the Ministry of Commerce and Industry.

Rameswar Teli: Minister of State in the Ministry of Food Processing Industries.

Pratap Chandra Sarangi: Minister of State in the Ministry of Micro, Small and Medium Enterprises; and Minister of State in the Ministry of Animal Husbandry, Dairying and Fisheries.

Kailash Choudhary: Minister of State in the Ministry of Agriculture and Farmers Welfare.

Debasree Chaudhuri: Minister of State in the Ministry of Women and Child Development.

Santosh Gangwar took the charge of Ministry of Labour and Employment.

Talking to media in New Delhi, Mr Gangwar said, he will work for the betterment of unorganised sector and ensure social security for those working in the this sector. Gajendra Singh Shekhawat has taken the charge of Jal Shakti Ministry. He said, water scarcity is the biggest challenge in the world now and keeping this challenge in mind, Prime Minister Narendra Modi has integrated all water related issues with Jal Shakti Ministry.

He said, only four per cent of total potable water of world is in India and government will ensure preservation of water for the country. Piyush Goyal has taken the charge of Commerce and Industry Ministry. Talking to media, Mr Goyal said, he is thankful to Prime Minister for reposing faith in him.

Newly sworn-in minister Shripad Naik today thanked Prime Minister Narendra Modi for selecting him as a member in the Union Council of Ministers for the second consecutive term. Mr Naik was retained as the minister of state (independent charge) for Ayush, a position he held in the previous NDA government, while being also allocated the responsibility of minister of state for defence on Friday.

Speaking to AIR, Mr Naik said that retaining the Ayush ministry would help him focus on related projects that were initiated in his previous term. Mr Naik was elected to the parliament from the North Goa Lok Sabha seat for the fifth straight term in the recent general elections.

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Naresh, can we get your thoughts on this?

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Naresh —

Earlier this month, we celebrated two years of Onward Together — and now, we want your thoughts on where we should invest in year three.

Our partner organizations are taking on the big issues that we face, from making our government more diverse to ensuring everyone has access to the polls. They’re organizing against family separation and protecting our courts system. They’re training candidates, mobilizing new volunteers, and so much more.

So we’re asking this team to decide: which of our partners should get a $50,000 grant to power their 2019 work? Learn more about our partners at onwardtogether.orgthen cast your vote before June 13th.

We’ll total up the votes in June and let you know which organization won, so make sure to get your vote in soon!

 

Thank you,The team at Onward Together

Vote now
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NMDC’S 4TH QUARTER RESULTS

 

img_elb4hyNMDC’S 4TH QUARTER RESULTS

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NMDC has produced and sold 32.36 million tonnes of iron ore during 2018-19 against production of 35.58 million tonnes and sales of 36.08 million tonnes during previous year.

The Company’s turnover for the year 2018-19 is Rs. 12,153 crore against Rs. 11,615 crore during 2017-18, registering a growth of 5%.

NMDC’s Profit Before Tax (PBT) for the year 2018-19 is Rs. 7,198 crore against Rs. 6,179 crore during 2017-18, registering an impressive growth of 17 %. Similarly, Profit After Tax (PAT) for the year 2018-19 is Rs. 4,642 crore against Rs. 3,806 crore during 2017-18, registering a record growth of 22 %.

NMDC’s turnover during the 4th quarter is Rs 3,643 Crore comparable with turnover at Rs 3,883 Cr of CPLY. NMDC has recorded Profit Before Tax (PBT) of Rs 2,197 Crore and Profit After Tax (PAT) of Rs 1,454 Cr which are higher by around 10% & 31% respectively over 4th quarter of CPLY.

The Company’s production of iron ore during the 4th quarter is 10.59 million tonnes (MT) registering a decrease of 7% over CPLY while sales of iron ore was
10.17 MT which is about 3% less than that of the CPLY.

CMD, NMDC, N. Baijendra Kumar, congratulated all the employees for their commitment, hard work and efforts. The CMD said that these results showed NMDC’s strength to bounce back in spite of operational challenges. He thanked all stakeholders, Ministry of Steel and Chhattisgarh State Government for their support.

4th Quarter 2018-19 Annual 2018-19
Iron Ore Production (Million Tonnes) 10.59 32.36
Iron Ore Sales (Million Tonnes) 10.17 32.36
Turnover (Rs. In Crore) 3,643 12,153
Profit Before Tax (Rs. In Crore) 2,197 7,198

 

Established on 15th November 1958 as a Public Sector Undertaking to explore, develop and exploit mineral resources other than fuel oil and atomic minerals, NMDC is engaged in mining of iron ore and diamonds. NMDC is India’s single largest iron ore producer, presently producing over 35 million tonnes of iron ore from 3 fully mechanized mines in Chhattisgarh and Karnataka. In acknowledgement of its substantial contribution to the domestic mineral sector in the past six decades, it has been accorded the status of Schedule-A public sector company. In recognition of its consistent performance, the Company was also categorized as a ‘Navratna’ Public Sector Enterprise in 2008.

The company is diversifying into steel making and has undertaken several capital intensive projects to modernize and increase capacities to retain its domestic leadership and is also successful in its overseas ventures.