Achievement Tracking - Modi 2.0 Govt - No Discussions

The Strategic Issues & International Relations Forum is a venue to discuss issues pertaining to India's security environment, her strategic outlook on global affairs and as well as the effect of international relations in the Indian Subcontinent. We request members to kindly stay within the mandate of this forum and keep their exchanges of views, on a civilised level, however vehemently any disagreement may be felt. All feedback regarding forum usage may be sent to the moderators using the Feedback Form or by clicking the Report Post Icon in any objectionable post for proper action. Please note that the views expressed by the Members and Moderators on these discussion boards are that of the individuals only and do not reflect the official policy or view of the Bharat-Rakshak.com Website. Copyright Violation is strictly prohibited and may result in revocation of your posting rights - please read the FAQ for full details. Users must also abide by the Forum Guidelines at all times.
jamwal
BR Mainsite Crew
Posts: 5727
Joined: 19 Feb 2008 21:28
Location: Somewhere Else
Contact:

Re: Achievement tracking - Modi Govt. No discussions

Post by jamwal »

Siddhivinayak temple commits 40kg gold to PM Modi's pet scheme

http://timesofindia.indiatimes.com/city ... 101833.cms
While earning Siddhivinayak nearly Rs 69 lakh in annual interest, it could also spur temple trusts of the likes of Tirumala and Shirdi to follow suit. The Siddhivinayak temple - one of India's richest shrines - has decided to move 40kg of its gold reserves to the government-sponsored Gold Monetisation Scheme. This is likely to earn the temple nearly Rs 69 lakh in annual interest. The temple's gold pledge is the first big-ticket deposit under the Gold Monetisation Scheme and could spur more temple trusts of the likes of Tirumala and Shirdi to follow suit.
kmkraoind
BRF Oldie
Posts: 3908
Joined: 27 Jun 2008 00:24

Re: Achievement tracking - Modi Govt. No discussions

Post by kmkraoind »

I think this is the appropriate thread for this post, if Mods think otherwise, they can act.

https://digitallocker.gov.in/

Its Digital locker where citizens can export their certificates and other documents. Login requires Aadhar card details.
SwamyG
BRF Oldie
Posts: 16267
Joined: 11 Apr 2007 09:22

Re: Achievement tracking - Modi Govt. No discussions

Post by SwamyG »

http://timesofindia.indiatimes.com/indi ... 114320.cms
http://wap.business-standard.com/articl ... 910_1.html

NITI-AaYOG gives a nod to bullet train between Mumbai and Ahmedabad. The year 2023 could see the train in operation.
uddu
BRF Oldie
Posts: 2091
Joined: 15 Aug 2004 17:09

Re: Achievement tracking - Modi Govt. No discussions

Post by uddu »

The kind of leadership in this govt is top notch..Best in the world class
Lilo
BRF Oldie
Posts: 4080
Joined: 23 Jun 2007 09:08

Re: Achievement tracking - Modi Govt. No discussions

Post by Lilo »

These days of non-congress rule, its truly an achievement to get such a judgement from the Judiciary for once, that too when the whole of the congi/leftist fiberal elite were demanding the scrapping of this law,branding it as "regressive".
For example, antiIndian Express was wailing today that its "against the grain". :lol:
Supreme Court upholds Haryana panchayat law

In what may be a precedent preventing illiterate persons from participating in grass roots democracy, the Supreme Court on Thursday upheld a Haryana State law mandating that only those having “minimum” educational qualifications will be eligible to contest panchayat elections in the State.

The other grounds for disqualification from contesting polls under the Haryana Panchayati Raj (Amendment) Act, 2015 are failure to pay arrears to any primary agriculture co-operative society or agriculture co-operative banks, failure to pay electricity bill arrears and not having a functional toilet at home.

The “minimum” education required for eligibility to contest in a panchayat election is completion of matriculation in case of general candidates; completion of Class 8 for a woman candidate or a candidate belonging to Scheduled Caste; and completion of Class 5 pass for a Scheduled Caste woman candidate contesting for the post of ‘Panch’.

The law leaves 68 per cent of the Scheduled Caste women and 41 per cent of the Scheduled Caste men in Haryana ineligible to contest panchayat elections. The judgment may become a rallying point for other States also to amend their laws in the same fashion.

The verdict by a Bench of Justices J. Chelameswar and Abhay Manohar Sapre agrees that the Haryana law creates “two classes of voters,” that is, “those who are qualified by virtue of their educational accomplishment to contest the elections to the panchayats and those who are not.”

But Justice Chelameswar{same Judge who gave the lone dissenting opinion in SC verdict scrapping NJAC}, who authored the verdict, reasons there is nothing “irrational or illegal or unconnected” if the law prescribes minimum educational qualification for candidates. Simply put, the court feels that basic education would “enable the candidates to effectively discharge duties of the panchayat.

“It is only education which gives a human being the power to discriminate between right and wrong, good and bad. Therefore, prescription of an educational qualification is not irrelevant for better administration ,” Justice Chelameswar reasoned.

The court completely agreed with Attorney-General Mukul Rohatgi’s submissions during the hearings that the law was meant to elect “model representatives for local self government for better administrative efficiency.”

The apex court failed to find any merit in the argument of three women candidates, spurned by Haryana’s new poll law and who moved the Supreme Court, that “people do not choose to be illiterate.”

On making insolvency a disqualification, Justice Chelameswar agrees that rural India is reeling under agrarian debts and farmers are committing suicide to escape the debt trap.

But then the judgment points out how Haryana is “more prosperous” compared to other States. The court does not delve into statistics to make its point, saying such an exercise is irrelevant in deciding the constitutionality of making insolvency a cause of disqualification.

Justice Chelameswar then observes that the impoverished and the “indebted” may not be “genuinely interested” in contesting elections. Besides, the verdict points out, “elections at any level in this country are expensive affairs.”

“In such a case the possibility of a deeply indebted person seeking to contest elections should normally be rare as it would be beyond the economic capacity of such persons,” the judgment held.

As far as making default in payment of power bills, the Supreme Court merely says “we do not understand what could be the constitutional infirmity if the legislature declares people who are indebted to cooperative bodies or in arrears of electricity bills to be ineligible to become elected representatives of the people in panchayats.”

Justifying the Haryana’s decision to include functional toilets at home an eligibility criterion, Justice Chelameswar highlighted how open defecation is a “notorious fact” and a rampantly unhealthy practice in India. He narrates how Mahatma Gandhi tried his best to eradicate the practice with his writings and missionary zeal.

The apex court acknowledges that poverty may be one reason for open defecation still continuing in the country, but adds that this practice is not exclusive to the poor.

For example he said how out of 8.5 lakh families, who live below the poverty line in Haryana, 7.2 lakh have constructed toilets at home with financial help from the State government.

The apex court agreed with the Haryana government that now “if people still do not have a toilet it is not because of their poverty but because of their lacking the requisite will.”

The court finally notes how the primary duty of a civic body is sanitation.

“Those who aspire to get elected to those civic bodies and administer them must set an example for others,” the Supreme Court observed, paving the way for panchayat elections in Haryana as per the new law.
My comment on Chindu which must have riled their moderator enough to not get published.
Leftist/Congress strategy of keeping people poor by incentivizing & promoting illiteracy to sustain fear based votebanks is despicable.Nehru's neglect of basic education while splurging 1000s of crores on few showpiece Higher institutions was for this end.Through their cronies like Planning commission & NAC ,Nehruvian leftists prevented real grassroots empowerment which could have been only achieved through education.
Now the educated of BC's & SC's will be leaders & overeducated leftist/congress elite(often from dominant classes) who peddle themselves as intermediaries between the illiterate "leaders" & public resources will loose their rentseeking Jobs.
The revolution of educated Leadership (and the open/outward looking minds such an education engenders as opposed to the fearful & inward looking minds of the illiterate)in disadvantaged & backward sections of our society has just begun.
vivek.rao
BRF Oldie
Posts: 3775
Joined: 11 Aug 2016 06:14

Re: Achievement tracking - Modi Govt. No discussions

Post by vivek.rao »

http://www.firstpost.com/business/octob ... 43084.html
October industrial growth hits 5-year high but not time yet to celebrate
The factory output numbers for October has come at five year-high, but it is too risky to begin celebrations yet.
This spike is more on account of a seasonal jump in manufacturing, especially consumer durables during the festival season and it may be difficult to hold in November since base effect can very well play spoil sport.
The index of industrial production (IIP) grew 9.8 percent in October compared with a growth of 3.8 percent in the preceding month. The manufacturing segment grew by 10.6 percent in October compared with 2.9 percent in September, while the consumer durables grew 42.2 percent compared with a growth of 8.4 percent in the month before.

Similarly, consumer goods grew 18.4 percent as compared with 1.2 percent on month. The growth in the capital goods segment - a pointer of the investment activity in the economy - at 16.1 percent (as against 10.3 percent in the preceding month) is an encouraging sign. These are the areas that have contributed to the five-year spike in the factory output.
Now, the other side of this story, as mentioned earlier is that the November numbers may come much lower. It is too risky to look at one-month IIP number and derive comfort on a larger trend. There are reasons to believe that the October rally might not sustain in November:

For one, the base effect will play a big role in November. Last year, from November onwards there has been a sharp jump in the index, which will weigh on the figures this year. If the base is high last year, the numbers for the corresponding period this year will show a lower figure. Hence, it is highly difficult to assume an October-like growth will be sustained.
Secondly, the festival season impact too will not be consistent as we have seen in the previous years. Post the spike, sales tend to drag for the next few months and, as YES Bank economist Shubadha Rao pointed out, there will be an inventory drawdown. This why economists would prefer to call the October figure a statistical aberration, which might not last.
Having said this, the factory output numbers are indeed a big psychological booster to the government, evident from the comments of chief economic advisor Arvind Subramanian. “It is a high number, good number and encouraging number,” Subramanian was quoted in the Business Standard. But he too has cautioned about the seasonal impact.
Lilo
BRF Oldie
Posts: 4080
Joined: 23 Jun 2007 09:08

Re: Achievement tracking - Modi Govt. No discussions

Post by Lilo »

Defence exports from India's private sector surge under Modi's reforms

Defence exports from India's private sector have surged in the current fiscal year as the industrial reforms introduced by Prime Minister Narendra Modi begin to take root.

According to parliamentary replies by India's minister of state for defence, Rao Inderjit Singh, on 11 December, the total value of Indian defence exports during the first half of fiscal year 2015-16 is INR6,957 million (USD104 million), with 63% of sales attributable to the private sector.

Statistics presented by Singh and cited by a Ministry of Defence (MoD) press statement show that private-sector defence exports in the six months until the end of September have increased significantly over the value of full-year sales in recent years.

In the three previous years defence exports from the private sector registered an average of around 28% of India's total international defence sales, which were recorded at INR9,940 million (FY 2014-15), INR6,862 million (FY 2013-14), and INR4,467 million (FY 2012-13) and also included sales from the state-owned defence public sector undertakings and the Ordnance Factory Board.

According to statistics presented by Singh, which are based on industry export approvals awarded by the MoD, the total value of Indian defence exports from FY 2012-13 until the end of September was INR28,227.8 million, with 35% attributable to the private sector.

Speaking in October India's defence minister, Manohar Parrikar, said Indian industry - including state-owned and the private sector - is on track to export defence equipment worth more than INR12,000 million during the full FY 2015-16.

Parrikar did not elaborate but notable developments during the period include Bharat Electronics Limited starting a programme to install its HMS-X integrated ship sonar system on two Myanmar Navy Aung Zeya-class guided-missile frigates and Garden Reach Shipbuilders and Engineers handing over an offshore patrol vessel to Mauritius.

In March the MoD said the government had approved defence exports to more than 50 countries during the previous three years. These countries include Germany, Russia, the United Kingdom, and the United States but feature mostly developing markets in Africa, Asia, the Middle East, and South America.

COMMENT
The growth in Indian defence exports - particularly from the private sector - can be linked directly to the raft of reforms introduced by Modi as part of his 'Make in India' campaign. While these reforms are generally intended to encourage the private sector to enter the defence domain, a number of measures are also promoting companies to expand their international customer base.

Modi initiatives to spur international defence sales include a simplified export approval process, including the introduction of an online application system; the publication of a list of Indian-made defence products that have "export potential"; the easing of rules related to industry's requirement to receive end-user certificates for exports; and the provision of "advance approval" for exports, enabling Indian companies to more easily explore opportunities abroad.

Another driver of international defence sales from the private sector is companies' independent efforts to secure partnerships with foreign equipment manufacturers. These partnerships enable foreign companies to discharge offset obligations within India but also provide opportunities for India's increasingly competitive private sector to enter the supply chains of their foreign partners.
India reveals defence industry licence statistics

The Indian government has issued 81 defence industrial licences to 61 local companies since Prime Minister Narendra Modi launched his 'Make in India' drive in September 2014, the Ministry of Defence (MoD) said on 8 December.

This total represents more than a quarter of the 307 licences awarded to 182 companies up to October 2015 since India's private sector was permitted to enter the defence sector in 2001, added the MoD, citing a parliamentary reply by Minister of State for Defence Rao Inderjit Singh.

Since Modi took office in May 2014 about 100 licences have been awarded, about a third of the total since 2001.

Yet the surge in the granting of licences has not been replicated in proposals to form joint ventures through foreign direct investment (FDI). The MoD added that just 34 FDI proposals/joint ventures have been approved in the defence sector in the past 15 years.

The relatively low number of FDI proposals is also reflected in the low value of total foreign investment in India's defence sector since 2001. Government figures show that FDI in defence between August 2014 and May 2015 totalled just INR4.80 million (USD75,500) while FDI in the sector since 2001 totalled just INR248 million.

COMMENT
The MoD's newly announced licence figures reflect Indian industry's positive response to Modi's efforts to ease the burden of entering the defence sector. These efforts have been channelled through the introduction of a raft of defence-industrial reforms.

In addition to a stated commitment to accelerate defence-industrial licence proposals, reforms include extending the validity of licences from three years to 15, removing licence requirements for the production of some dual-use items, removing previous anomalies in excise duty and exchange rate rules, committing state-owned firms to increase outsourcing to local small and medium-sized enterprises, and easing previously cumbersome defence export regulations.

The Modi government has also sought to spur greater levels of FDI in India's defence sector by increasing the cap from 26% to 49% and by liberalising the approval process, which in theory makes it easier to invest in the sector.

While welcomed by industry as "steps in the right direction", the easing of FDI rules has yet to have the intended response. Industry, in general, regards the 49% cap on FDI as insufficient incentive against a background of relatively high risks, where indigenous industrial capability is usually low, so that a foreign contractor's involvement in any major programme will be high.
vivek.rao
BRF Oldie
Posts: 3775
Joined: 11 Aug 2016 06:14

Re: Achievement tracking - Modi Govt. No discussions

Post by vivek.rao »

EconomicTimes ‏@EconomicTimes 22m22 minutes ago
Jan Dhan Yojana: RuPay gaining currency irks US companies MasterCard & Visa http://ow.ly/VWRau
http://economictimes.indiatimes.com/ind ... 193938.cms
US card companies MasterCard and Visa have complained of an invisible mandate to keep them out of Jan Dhan Yojana, the government's financial inclusion programme, and demanded a level playing field with government-backed card issuer RuPay.

Stung by a sharp rise in cards issued by RuPay, thanks to Jan Dhan, MasterCard and Visa say they have asked Reserve Bank and the government to consider their services, which are cheaper than that of the local card issuer.
SaiK
BRF Oldie
Posts: 36424
Joined: 29 Oct 2003 12:31
Location: NowHere

Re: Achievement tracking - Modi Govt. No discussions

Post by SaiK »

In Fact | Parrikar’s visit to the US: traversing the distance from symbolism to substance

http://indianexpress.com/article/explai ... substance/

Both Indian and foreign defence suppliers are concerned about the announcements of deals and DAC approvals not resulting into firm contracts.

On his visit to the US in 1985, Prime Minister Rajiv Gandhi told Secretary of Defence Caspar Weinberger and Chairman of the Joint Chiefs of Staff Gen John W Vessey that India was hesitant to buy arms from them because they came with too many strings and conditions attached. The US cuts off sales and supply of spares arbitrarily under its laws, negates past arms contracts, and refuses to cooperate in co-production ventures, Rajiv and Defence Minister P V Narasimha Rao told the Americans.

Last week, Defence Minister Manohar Parrikar would have discovered a very different US defence establishment — one which was willing to rephrase its laws to help India get the best defence technology, wanted more follow-up contracts on past contracts, and was pushing co-production ventures. And Ashton ‘Ash’ Carter must be among the most India-friendly US Secretaries of Defence ever.

As Deputy Secretary of Defence from October 2011 to December 2013, Carter personally pushed defence ties between the countries — noting, in November 2013, that “India (was) destined to be a security partner of the United States in the long run”. In an article in Foreign Policy, Carter underscored the change in mindset at the Pentagon on technology transfer to India from a “presumptive no” to a “presumptive yes”.

The 2012 Defence Trade and Technology Initiative (DTTI) was his brainchild, and was initially called the “Carter Initiative”. It awoke from dormancy after Carter returned to the Pentagon early this year — India and the US are now working on six DTTI projects, and Parrikar has asked for highend transformative technologies for co-development.

During the DTTI Group’s fourth meeting at the Pentagon on November 17, the two sides committed to executing the project plans for two government-to-government pathfinder projects: the Mobile Electric Hybrid Power Sources (MEHPS) and the Next Generation Protective Ensemble (NGPE). Two other projects are nearing finalisation: terms of reference for the Jet Engine Technology Joint Working Group are ready, and the second meeting of the Joint Working Group on Aircraft Carrier Technology Cooperation (JWGACTC) will be held in February 2016.

The fifth DTTI Group meeting is scheduled in Delhi in February, and Parrikar hopes to accelerate DTTI projects as part of his larger goal of pushing Make in India in defence. The Minister negotiated for technology transfers and defence manufacturing in India on visits to Russia and South Korea as well.
Accompanying the Minister to the US was a heavyweight private sector defence delegation, which interacted with American counterparts in the presence of senior defence officials from the two countries. Concrete outcomes were not expected from the first meeting, but the engagement holds significant potential for the future.

Beyond the DTTI, the Americans have already approved BAE Systems’ proposal to move the assembly line of M-777 Howitzers to India. Negotiations are complete and the Letter of Agreement has been approved — only the final signatures of the two parties remain to be put.

Several issues, however, still need to be resolved before Make in India in defence takes off. The lack of clarity on a Make in India in defence policy, along with the delay in the release of the Defence Procurement Procedure (DPP)2015, has not enthused foreign defence companies. They continue to be harassed by the labyrinthine bureaucracy in the Department of Defence Production in the Defence Ministry, which is seen as unresponsive or unsympathetic to their concerns.

Both Indian and foreign defence suppliers are concerned about the announcements of deals and DAC approvals not resulting into firm contracts. Barring the Chinook and Apache deal signed during Modi’s US visit in September, no major defence deal has been inked on Parrikar’s watch. Concerns are now being expressed over the resources available to his Ministry for new procurements, given the Finance Ministry’s keenness to adhere to the fiscal deficit target.
On his visit, Parrikar also encountered the US insistence that India sign the foundational agreements: Communications Inter-Operability and Security Memorandum of Agreement (CISMOA), LSA (Logistics Support Agreement), and the Basic Exchange and Cooperation Agreement for Geo-Spatial Cooperation (BECA). Carter’s team wanted to see progress here — the Pentagon believes that by not signing the agreements, India is shackling potential for defence and high-technology cooperation. Even during the recent Exercise Malabar, the two navies couldn’t cooperate fully — for e.g., exchange fuel from a tanker to a combatant — as no agreements exist.

The previous Defence Minister, A K Antony, believed that signing the agreements would grant the US military unencumbered access to Indian military installations and compromise sensitive data. Pentagon sources say that Parrikar has shown an open mind on signing the LSA, and they are hopeful the rest of the agreements will follow.

While Parrikar will be judged ultimately by substantive achievements of the India-US partnership, the symbolism around his visit was undeniable. It was the first visit by an Indian Defence Minister to the US after 2008 — the American counterpart has made six visits to India in that period. He was also the first Defence Minister to visit the US Pacific Command, and be hosted on a US aircraft carrier.

sushant.singh@expressindia.com
jamwal
BR Mainsite Crew
Posts: 5727
Joined: 19 Feb 2008 21:28
Location: Somewhere Else
Contact:

Re: Achievement tracking - Modi Govt. No discussions

Post by jamwal »

58 babus penalised for unsatisfactory performance: Government

http://www.economictimes.com/news/polit ... 204942.cms
As many as 58 bureaucrats faced penalty, including dismissal from services, compulsory retirement and pension cut, for unsatisfactory performance, the government said today.

Minister of State for Personnel, Public Grievances and Pensions Jitendra Singh told Lok Sabha in a written reply that from May 2014 till today, 13 Central Civil Service or All India Service officers have been dismissed, removed or compulsorily retired from government service and penalty of pension cut have been imposed on 45 others.

The Centre had recently issued instructions to assess performance of bureaucrats to compulsorily retire non-performers.


Railways to introduce online system for tracking costs, output creation

http://economictimes.indiatimes.com/ind ... 194525.cms
With a chartered accountant, Suresh Prabhu, at the helm, the railways is introducing an online system for tracking cost and output creation at divisional level for better financial management and reporting that will usher in more transparency and efficiency in the system.

To be called Performance and Activity Based Unit Costing, the process is expected to produce an outcome budget for the railways where it will be able to analyse stepwise costing of every asset created and service services delivered. It will also deliver train, section and rail route costing and profitability analyses.
Image




Jan Dhan Yojana: RuPay gaining currency irks US companies MasterCard & Visa


http://economictimes.indiatimes.com/ind ... 193938.cms
US card companies MasterCard and Visa have complained of an invisible mandate to keep them out of Jan Dhan Yojana, the government's financial inclusion programme, and demanded a level playing field with government-backed card issuer RuPay. Stung by a sharp rise in cards issued by RuPay, thanks to Jan Dhan, MasterCard and Visa say they have asked Reserve Bank and the government to consider their services, which are cheaper than that of the local card issuer.
Hari Seldon
BRF Oldie
Posts: 9373
Joined: 27 Jul 2009 12:47
Location: University of Trantor

Re: Achievement tracking - Modi Govt. No discussions

Post by Hari Seldon »

>>Piyush Goyal ‏@PiyushGoyal Dec 16
Teesta in Sikkim stalled for 7 years back on track. On 1 Oct work started after Rs. 9,000 cr of investment. 93% investment was done earlier
SwamyG
BRF Oldie
Posts: 16267
Joined: 11 Apr 2007 09:22

Re: Achievement tracking - Modi Govt. No discussions

Post by SwamyG »

Education. http://indianexpress.com/article/india/ ... -for-free/
All CBSE books and learning material will be made available online for free as part of the Centre’s good governance efforts, HRD Minister Smriti Irani said here today.

At a function organised at a Kendriya Vidyalaya in east Delhi, she also said that initiatives would be undertaken to ensure holistic nurturing and improve learning outcomes at these schools. “We made NCERT books available online for free through e-books and mobile applications a month-and-a-half ago. We are similarly going to make CBSE books available online along with additional learning material and videos as part of our good governance efforts."
SwamyG
BRF Oldie
Posts: 16267
Joined: 11 Apr 2007 09:22

Re: Achievement tracking - Modi Govt. No discussions

Post by SwamyG »

Food Processing: http://economictimes.indiatimes.com/ind ... 249253.cms
Union Food Processing Minister Harsimrat Kaur Badal today said 42 mega food parks worth Rs 2,000 crore will be set in the entire country, out of which five have already been established.
Union Minister said that these Food Parks will be having all facilities like Production, Processing Plant, Cold Store, Collection centre & Transports, besides this it will also facilitate the farmers by providing value for their hard work.

"One Mega Food Park provides employment to 30 thousand persons directly and will provide benefit indirectly to more than 1 lakh persons," she said
jamwal
BR Mainsite Crew
Posts: 5727
Joined: 19 Feb 2008 21:28
Location: Somewhere Else
Contact:

Re: Achievement tracking - Modi Govt. No discussions

Post by jamwal »

Govt’s ultimatum to road developers: Perform or perish

http://www.financialexpress.com/article ... sh/181570/
Running out of patience for their “lack of commitment and lackadaisical approach”, the government has warned non-serious developers and bankers of terminating highway projects worth Rs 20,000 crore.
“The concessionaires and bankers are not realising that we are reaching a stage of impatience, and people who are users of these roads are not going to be waiting any more,” Road Transport and Highways Secretary Vijay Chhibber told PTI in an interview.
“If developers and bankers fail to mend their ways and initiate correctives to roll out projects by January-end, the government will start terminating contracts in PPP mode and repackage them.”
Out of the total 77 stalled projects, issues have been sorted out for all barring 19, which are still stuck.
Yagnasri
BRF Oldie
Posts: 10390
Joined: 29 May 2007 18:03

Re: Achievement tracking - Modi Govt. No discussions

Post by Yagnasri »

Railways mailed me this brocher about the achivements of Railways from May 2014
http://www.indianrailways.gov.in/brochu ... ombine.pdf
arshyam
BRF Oldie
Posts: 4570
Joined: 11 Aug 2016 06:14

Re: Achievement tracking - Modi Govt. No discussions

Post by arshyam »

PMO India Retweeted
Piyush Goyal ‏@PiyushGoyal Dec 13

LED lamps light Irulanchandai village #ILEDTheWay http://www.thehindu.com/news/cities/pud ... 982311.ece
The article: LED lamps light Irulanchandai village - The Hindu

Image
Photo caption: A stretch on the ECR where LED street lighting has been tested successfully. —Photos: Special Arrangement and T.Singaravelou
Soon, energy-efficient LED lamps will replace incandescent bulbs in rural homes and streets in the region.

As part of the LED Village Campaign Program, the energy conservation scheme supported by Bureau of Energy Efficiency (BEE), Ministry of Power (MoP), Government of India, LED bulbs are being provided as replacement of conventional lights in Irulanchandai village.

The scheme is being implemented by Renewable Energy Agency, Puducherry (REAP) in cooperation with the Electricity Department, Puducherry.


Electricity Minister T. Thiagarajan switched on the new street lighting system in the village on Friday.

The objective of the scheme is to replace the existing incandescent bulbs in the One House One Bulb (OHOB) households with LED lights and the existing high power consuming street lights with LED versions in villages.

In the first phase, 60 high power consuming sodium vapour lamp (SVL)/ Fluorescent lamp (FTL) are being replaced with energy efficient LED street lights in this village. This involves replacing 56 conventional bulbs with 22 W LED lights and installing four 120 W street lights in place of the existing lights.

In the second phase, 106 high power consuming sodium vapour lamp (SVL)/ Fluorescent lamp (FTL) will be replaced with LED street lights and 1,850 LED holder type bulbs would be distributed to the One House One Bulb (OHOB) households of Irulanchandai, Kuruvinatthampet, Bahour and Pudunagar villages.

The project is being implemented at an estimated cost of Rs.15,98,429.

According to REAP, the approximate energy usage before implementation of the LED project is 987 kwh/day. The estimated energy usage after implementation of project is 117 kwh/day, resulting in an energy savings of 870 kwh/day, or about 88 per cent improvement.

“We are focusing on the rural areas as the city has already been covered under an LED lighting scheme,” said R. Smitha, Managing Director, REAP.

Under a Power Ministry-driven Demand Side Management-based Efficient Lighting Programme (DELP), the Union Territory had launched a scheme for providing LED replacements for three CFL bulbs for domestic consumers, who constitute 75 per cent of the 4.16 lakh electricity users.

The DELP rollout, with the support of theEnergy Efficiency Services Limited (EESL), targeted domestic users, each of whom were provided three LED lights as replacement for incandescent bulbs on production of the latest electricity bill.

According to the National DELP dashboard maintained by the Ministry of Power, the total LEDs distributed in Puducherry as of date was 6,09,251. The Lumens Per Watt (LPW) of LEDs, or the amount of light produced for each watt of electricity consumed, was far superior to legacy lighting equipment. For instance, while an ordinary tube light consumed 100 watt electricity, an LED consumed only 45 watt and radiated brighter light.

Last year, REAP and the Puducherry Electricity Department had run a pilot scheme on the 4.2-km stretch between Pillaichavadi and Kanagachettikulam where the streets were lit up with about 270 pairs of LED.

The project had been able to establish the scalability of the pilot scheme as well as to secure tangible evidence of the benefits of LED lamps .

The next step is to provide LED street lights across the entire city before taking the concept throughout the UT.
Picklu
BRF Oldie
Posts: 2128
Joined: 25 Feb 2004 12:31

Re: Achievement tracking - Modi Govt. No discussions

Post by Picklu »

Brothers rejoice! Just received the delivery for below and it is working fine, so no stock clearance old stuff.

http://www.amazon.in/gp/product/B016IGH ... ge_o00_s00

The price per watt is less than Rs 37 already (well below Rs 44 target by Piyush G), that too from a reputed brand like Philips with 2 years warranty. This one is with fancy E27 base, the regular ones with B22 base are at least 10% cheaper as shown below

http://www.amazon.in/gp/product/B016IGG ... Q4H17XUX90

Shows how quickly things can turn around on the ground when a focused govt leads from the front.
hanumadu
BRF Oldie
Posts: 5168
Joined: 11 Nov 2002 12:31

Re: Achievement tracking - Modi Govt. No discussions

Post by hanumadu »

Over Rs 16,000 cr undisclosed income detected in 20 months
A government crackdown on black money has led to detection of undisclosed income of over Rs 16,000 crore since March 2014, while assets worth Rs 1,200 crore have been seized, Revenue Secretary Hasmukh Adhia said today.
The measures included a one-time 90-day window to come clean on undisclosed wealth, which led to declarations worth over Rs 4,160 crore, and the government is expecting Rs 2,500 crore as tax and penalties by month-end, he told PTI here.
vivek.rao
BRF Oldie
Posts: 3775
Joined: 11 Aug 2016 06:14

Re: Achievement tracking - Modi Govt. No discussions

Post by vivek.rao »

http://economictimes.indiatimes.com/mar ... 317995.cms
DIIs likely to lap up Rs 1 lakh crore bonds; UDAY brings cheers to PF & insurance funds
'UDAY', a discom bailout scheme, may be helping banks to recover their dues, but it could well prove to be a bonanza for retirement and insurance funds, which are sitting on thousands of crores, seeking some long-term investment options.

The Employees' Provident Funds Organisation along with standalone funds and Life Insurance Corporation that have long-term liabilities, are likely to lap up about Rs 1 lakh crore of statebacked bonds, which are likely to offer10-20 basis points higher ..
"These bonds could be an attractive investment option for retirement and insurance funds, given their long tenors, quasi sovereign risk and potentially higher spread over normal state bonds," said Amit Tripathi, CIO-debt, Reliance Mutual Fund, which is one of the five fund managers of EPFO corpus along with UTI, SBI, HSBC, ICICI Prudential MFs.
Image
vivek.rao
BRF Oldie
Posts: 3775
Joined: 11 Aug 2016 06:14

Re: Achievement tracking - Modi Govt. No discussions

Post by vivek.rao »

http://www.firstpost.com/business/how-t ... 59596.html
How the year 2015 changed the idea of ‘banking’ for the masses
In August, the Reserve Bank of India (RBI) issued in-principle approvals for 11 entities to set up payments banks and followed this up with the issuance of ten more licences for small finance banks in September. The central bank, thus, kicked off the differentiated banking regime that was long awaited in Asia’s third largest economy. In simple words, differentiated banks are banks which mainly cater to a specific area of activity, unlike full service banks, which are engaged in all category of business.
The firms that received payments banking licences include leading corporations like Aditya Birla Nuvo Limited, Airtel M Commerce Services Limited, Cholamandalam Distribution Services Limited and Reliance Industries, besides the Department of Posts. Payments banks, as the name suggests, were designed to facilitate payment services and acceptance of small deposits, but not engage in lending operations.

On the other hand, the small banking licences were given mostly to microfinance institutions (MFIs) including Ujjivan Financial Services, Equitas and Janalakshmi, while surprisingly, the only listed microlender in the country, SKS Microfinance, was dropped from the list. Small finance banks are a miniature of full service commercial banks mandated to offer all banking services in a smaller scale. Both small finance and payments banks were asked to begin operations within 18 months of the grant of in-principle approval.

What is critical to note is that the scope of both these banks, by definition, is limited to small-ticket customers, hence, a major step to aid the progress of financial inclusion in a country, where 40 percent of the population is yet-to-be-banked. These new set of banks have the potential to change the way you and me bank with the use of technology and reach.
Two more full-service banks

The year 2015 also saw the entry of two more full-service commercial banks —IDFC and Bandhan - both of which started operations in 2015. This was the third set of private banks in the country after the RBI issued licences to Yes Bank and Kotak Mahindra Bank in 2003-2004. The first was in 1993-94, when RBI issued licences to 10 private banks. They were Global Trust Bank Ltd, ICICI Bank Ltd, HDFC Bank Ltd, Axis Bank Ltd, Bank of Punjab, IndusInd Bank Ltd, Centurion Bank Ltd, IDBI Bank Ltd, Times Bank and Development Credit Bank Ltd.

Bandhan, founded by Chandra Shekhar Ghosh, based in Kolkata has been operating as a MFI for 15 years to 6.7 million women borrowers with a network of 2,022 branches spread across 22 Indian states and Union territories and a loan book of around Rs 9,524 crore as on 31 March, 2015.

IDFC, which has been primarily in infrastructure lending, too converted itself into a bank in October, 2015. The central bank is currently working on a new bank licencing structure under which new bank permits will be issued on on-tap or continuous basis.

Jan Dhan gains ground
The year 2015 also witnessed massive bank account opening drive under Jan Dhan Yojana, the flagship financial inclusion programme launched in August, 2014. The government used the entire public sector banking infrastructure for the roll out of the scheme. Under this, over 19 crore bank accounts were opened so far with total deposits in these accounts amounting to Rs 27,000 crore. Beneficiaries were also promised free debit cards, accident, life insurances and loan overdraft facility under this scheme.
At the same time, there were criticism from experts about the rocket-speed implementation of the scheme. They cited that since banks were put at gun point to achieve the targets set, there can be issues of large scale duplication of such accounts. Also, it was not clear who will bear the cost-burden of inoperative accounts. Nevertheless, the roll out of Jan Dhan was arguably the biggest bank account opening drive India has ever seen. Expanding the reach of financial inclusion has always been a challenge for Indian banks even after 46 years of bank nationalization.


The Rajan factor
The Reserve Bank of India (RBI) embarked on a battle in year 2015 to prevent the practice of banks masquerading Non-performing assets (NPAs) in the banking system. Beginning April 1, 2015, the RBI withdrew special regulatory dispensation for restructured loans, thus, forcing banks to treat fresh restructured corporate loans at par with NPAs in the context of provisioning. Henceforth, banks are required to set aside 15 percent of the loan amount on every fresh restructured loans at par with bad loans. The RBI clamp down came after corporates began misusing the restructuring mechanism even in cases, which were not genuine.
Rajan warned banks against postponing the problem for tomorrow and making it worse. Instead, the former International Monetary Fund Economist asked banks to recognize the stress in the loans at earliest and address the problem. Banks' fight against wilful defaulters yet again took the central stage in 2015. Wilful defaulters are those who have the capacity to pay back to banks but wouldn’t do so. Once banks classify a company as wilful defaulter, that party gets virtually ostracized from the banking system. One such instance is Vijay Mallya-promoted Kingfisher Airlines, which owe Rs 7,000 crore loans to some 17-banks. State Bank of India, the largest lender, in the consortium, classified Mallya a willful defaulter in November this year.

To sum up, the Indian banking system witnessed several big changes in 2015 both on the regulatory front and in the industry level. The proposed bankruptcy code, which was introduced in Parliament in the Winter session, offers hopes for the banking industry since the law can enable banks to recover at least part of their dues before the value of underlying assets gets completely lost in a troubled firm. The Bill is likely to passed in the budget session.
vivek.rao
BRF Oldie
Posts: 3775
Joined: 11 Aug 2016 06:14

Re: Achievement tracking - Modi Govt. No discussions

Post by vivek.rao »

Indirect tax collections

Image



Customs vs Manufacturing vs Services vs TOtal

2014 vs 2105
vivek.rao
BRF Oldie
Posts: 3775
Joined: 11 Aug 2016 06:14

Re: Achievement tracking - Modi Govt. No discussions

Post by vivek.rao »

Image
vivek.rao
BRF Oldie
Posts: 3775
Joined: 11 Aug 2016 06:14

Re: Achievement tracking - Modi Govt. No discussions

Post by vivek.rao »

Image
Hari Seldon
BRF Oldie
Posts: 9373
Joined: 27 Jul 2009 12:47
Location: University of Trantor

Re: Achievement tracking - Modi Govt. No discussions

Post by Hari Seldon »

>>Ankur Dhaka
‏@AnkurDhaka
#Mudra Scheme is a blockbuster.
25000 Loan applications received in a day by Bank Officials in Meerut.

Image

Repayment rates will have to be seen before declaring the scheme a game-changer. Only.
vivek.rao
BRF Oldie
Posts: 3775
Joined: 11 Aug 2016 06:14

Re: Achievement tracking - Modi Govt. No discussions

Post by vivek.rao »

Image
vivek.rao
BRF Oldie
Posts: 3775
Joined: 11 Aug 2016 06:14

Re: Achievement tracking - Modi Govt. No discussions

Post by vivek.rao »

Image
vivek.rao
BRF Oldie
Posts: 3775
Joined: 11 Aug 2016 06:14

Re: Achievement tracking - Modi Govt. No discussions

Post by vivek.rao »

Image
Hari Seldon
BRF Oldie
Posts: 9373
Joined: 27 Jul 2009 12:47
Location: University of Trantor

Re: Achievement tracking - Modi Govt. No discussions

Post by Hari Seldon »

Image
Hari Seldon
BRF Oldie
Posts: 9373
Joined: 27 Jul 2009 12:47
Location: University of Trantor

Re: Achievement tracking - Modi Govt. No discussions

Post by Hari Seldon »

>>Chhayank Mehta ‏@chhayank 5m5 minutes ago
#Gujarat to go 4 digitization of panchayats, govt offices. Free WiFi at 13800 villages, 200 cities

Image

Guj serving as lab for another impactful experiment in "Free basics" Govt style. Hope its found scale-ably viable only.
jamwal
BR Mainsite Crew
Posts: 5727
Joined: 19 Feb 2008 21:28
Location: Somewhere Else
Contact:

Re: Achievement tracking - Modi Govt. No discussions

Post by jamwal »

^^

13K villages, 200 cities to get free wi-fi

http://timesofindia.indiatimes.com/city ... 391114.cms
Gandhinagar: Soon, 13,800 villages and around 200 major cities of the state will get free wi-fi at all public places and free or cheap internet at homes and work places as the state government has initiated the process of laying one lakh km long fibre optic network in the state for broadband internet services.
Gujarat government, which failed to create fibre optic network under National Fibre Optic Network (NFON) initiated in 2011 by Congress-led UPA government, has now suddenly decided to aggressively go for a complete digitization of all gram panchayats and all government/semi government offices including all schools, colleges, hospitals, public utilities with free wi-fi facilities under Prime Minister Narendra Modi's Digital India Drive.
jamwal
BR Mainsite Crew
Posts: 5727
Joined: 19 Feb 2008 21:28
Location: Somewhere Else
Contact:

Re: Achievement tracking - Modi Govt. No discussions

Post by jamwal »

Petronet strikes deal with Qatar’s RasGas, to get LNG at half-price

http://www.business-standard.com/articl ... 010_1.html

Petronet LNG, India’s largest LNG importer, will ring in the new year with good news. The company will get fuel from Qatar’s State-owned gas producer RasGas at nearly half the cost originally agreed upon. It will also not have to pay the ₹12,000-crore penalty for lower off-take in 2015.
On Thursday, RasGas and Petronet signed a revised sale purchase agreement, according to which, Petronet will get LNG at $6-7 per million British thermal unit (mBtu). Under the original contract signed between the two companies in 1999, Petronet would get LNG at $12-13 per mBtu. Supplies began in April 2004. The new contract is effective January 1, 2016 and ends in 2028.
The earlier contract with RasGas did not allow any change in pricing, resulting in the buyers paying higher than the prevailing market price. Under the new contract, the price for the buyer will be governed by market dynamics based on a crude price linked formula.
The new contract is for a capacity of 8.5 million tonne per annum as against 7.5 million tonne per annum in the earlier contract. This would then be sold to Indian Oil, BPCL, GAIL (India) and Gujarat State Petroleum Corporation.


One nation, one grid & now, one price

http://www.business-standard.com/articl ... 010_1.html
After more than two years of synchronising the national power grid into one, December 29 was a red-letter day for Indian power network, with congestion coming down to nil. This was followed by a singular power price across the country of Rs 2.3 per unit in the power spot market, at least for a day.
This is also the lowest power price seen during this year. In December 2014, the price was Rs 3.21 per unit, hence, a massive fall of 25 per cent in a year. A day before the average price discovered was Rs 2.97 per unit, a decrease of about 67 paise per unit in a day, according to data shared by Indian Energy Exchange Limited (IEX) - one of the major power exchanges in the country. The southern grid, which usually suffers from tepid power supply due to lack of transmission, saw supply improvement and also easing of the prices.
"The last time this happened was in 2010 but then the volumes were lower than now. But as the transmission capacity increases, the likelihood of it happening again also increases," said R K Mediratta, director (business development) at IEX.
jamwal
BR Mainsite Crew
Posts: 5727
Joined: 19 Feb 2008 21:28
Location: Somewhere Else
Contact:

Re: Achievement tracking - Modi Govt. No discussions

Post by jamwal »

Found this on a few pages on Facebook. Only fixing the annoying sms words:



Posting as received without any change ----- I want to share my today's experience with you all.

Today morning during a 45 minutes travel in the bus, I met a person. During chat I come to know that he is working in South Block New Delhi. He is working there in Government Ministries since last 25 yrs. When I know this, I asked him, that how things have changed after 2014 elections.
And his answer was not indifferent from my Expectations. But after listening some of his points, my reaction was like- "OMG..."

1) He told that previously there was a culture among some Secretary level officers of not coming to office on time. And when they come, they keep work pending. And if its urgent to complete the work, then there was a culture of sitting till late in office. During late sitting they order their dinner from "Hotel Le Meridian" @ ₹1300 per plate. Though there will be 15 people present in the office, but food will come for around 30 people ( including for the family members of Those so called Secretaries). In the next morning, there bills of ₹ 39000/- of dinner get passed instantly by planning commission vice chairman Mr. Montek Singh Ahluwalia.

That was the kind of wastage of public money by those people.
Now, if someone has to sit late, there food comes from their own home.

(2) Previously there was the habit of spending public money on changing furniture, curtains and furnishing of office.
Now, PM has communicated that No furniture and curtains will be replaced before 7 yrs. and no furnishing allowed before 11 yrs.

(3) Now, no file can be kept pending for more than 7 days, otherwise direct PMO starts queries.

(4) PM takes class of its Ministers at 6:20 AM early in the morning, if necessary

(5) PM Modi get up daily before 5 AM, throughout the yr. and reaches office daily before 9:20 AM.

(6) Modi keep fast for more then approx. 100 days in a year. During fast only water.

(7) In planning commission canteen, delicious food was available from ₹ 60 to ₹ 175.

(8) Daily at 10:10 all attendence sheets are dispatched to PMO.

(9) Kaaju- Kishmish n Milk culture in Government Ministries has now been stopped by our New PM.

(10) Government revenue's have increased by approx. 17%, after 2014 elections, due to above mentioned spending's have been curtailed by the PM.



And another:

Difference between BJP era and Congress era.
Names for major Projects in Narendra Modi Govt
Make In India
Clean India
Digital India
Swachh Bharat Abhiyan
Pradhan Mantri Jan Dhan Yojana
Pradhan Mantri Awas Yojana (PMAY)
Pradhan Mantri Jeevan Jyoti Bima Yojana (PMJJBY)
Pradhan Mantri Suraksha Bima Yojana (PMSBY)
DIGILocker
MGNREGA Scheme
Swachh Bharat Abhiyan
MUDRA Bank
Jan Dhan Yojana
Sukanya Samriddhi Account
Clean Ganga Project
Skill India
Beti Bachao Beti Padhao
Saansad Adarsh Gram Yojana
Smart Cities Project Latest Developments
Shramev Jayate
Aam Aadmi Bima Yojana
Smart Cities Project.

Have a look on During Congress Era: Around 449 Government Schemes With Nehru Gandhi Names
Here are few major Projects; At least 25% of Central schemes are named after late PM Rajiv Gandhi.

Rajiv Gandhi Yojana
Indira Gandhi Yojana
Nehru Yojana
Rajiv Awaas Yojana,
Rajiv Gandhi Udyami Mitra Yojana,
Rajiv Gandhi Panchayat Shashaktikaran Abhiyan,
Rajiv Gandhi Grameen Vidyutikaran Yojana
Jawaharlal Nehru Rojgar Yojna
Rajiv Gandhi Shramik Kalyan Yojna
Indira Gandhi Canal Project
Rajiv Gandhi Shilpi Swasthya Bima Yojana
Rajiv Gandhi Mission on Food Security
Indira Gandhi Nahar Project (IGNP)
Rajiv Gandhi Akshay Urja Divas, Punjab
Rajiv Gandhi Artisans Health and Life Insurance Scheme, Tamil Nadu
Rajiv Gandhi Zopadpatti and Nivara Prakalpa,


Positive intentions are clear so will let the post stand but please in future no anecdotal stuff, unless clear and credible links are provided. This thread is intended as a resource for future articles, rebuttals, and other activism associated with a stronger India - JE Menon
jamwal
BR Mainsite Crew
Posts: 5727
Joined: 19 Feb 2008 21:28
Location: Somewhere Else
Contact:

Re: Achievement tracking - Modi Govt. No discussions

Post by jamwal »

Iran, India to settle outstanding crude oil dues in rupees

http://indianexpress.com/article/busine ... in-rupees/
Ditching the dollar, Iran and India have agreed to settle all outstanding crude oil dues in rupees in preparation to future trade in their national currencies. The dollar dues — $6.5 billion equaling 55 per cent of oil payment — would be deposited in National Iranian Oil Co account with Indian banks.
Sources said work was underway to amend the agreement with Iran to allow entire crude oil payment to be made in rupees. “Finance Ministry is moving a Cabinet note on withholding tax exemption on oil payments,” they said.
Since 2013, Indian refiners have been depositing 45 per cent of their oil payments to Iran in rupees with UCO Bank and withholding the remainder after a payment route through Turkey’s Halkbank was stopped under US and European sanctions.The payment agreement needs amendment as tax exemption is contingent on the pact notified by the Centre in January 2012 which allows only 45 percent of oil payments in rupees. Budget 2012-13 exempted Indian refiners from withholding 40 per cent tax while paying NIOC.Sources said IDBI Bank, which is also highly insulated from global sanctions due to lack of overseas presence, would be authorised to open a joint account in which $4 billion would be parked for non-oil imports.


DBT may have saved just Rs 15,000 cr for Modi govt but potential is Rs 70,000 cr a yr
http://www.firstpost.com/business/dbt-m ... 72284.html
Managing large chunks of subsidy payments is always a nightmare to finance ministers as they sit down to formulate the budget documents. Subsidies punch a hole in government balance sheets.
That’s precisely the reason why the 19-month-old Narendra Modi government has been hurrying to channel subsidies directly to the beneficiary bank accounts hoping to plug the leakages in the public distribution system (PDS) and, thus, lessen the subsidy burden on the exchequer.
The efforts seem to be progressing.The whole subsidy rationalisation exercise began in January 2015, when the government brought the LPG subsidy under the Direct Benefit Transfer (DBT) route, a plan originally kicked off by the Congress-led UPA government in January 2013. It later followed up by encouraging the well-off to give up their subsidies and, later, denying subsidies to those with taxable income above Rs 10 lakh a year.
After piloting DBT in segments such as MNREGA, food and various scholarships, the government now wants to do the same with kerosene beginning April this year.
Image
jamwal
BR Mainsite Crew
Posts: 5727
Joined: 19 Feb 2008 21:28
Location: Somewhere Else
Contact:

Re: Achievement tracking - Modi Govt. No discussions

Post by jamwal »

New appraisal system to pitch PSUs against private sector

http://economictimes.indiatimes.com/new ... s?from=mdr
Starting 2016, the performance of state-run companies will be benchmarked against private sector peers as part of a new appraisal system being worked out by the government.
Maharatna companies with international operations, which are considered the best state enterprises, will be compared with their global equivalents.
The seven Maharatna companies are Bharat Heavy Electricals Ltd, Coal India, GAIL (India), Indian Oil Corp, NTPCBSE -0.63 %, Oil & Natural Gas Corp and Ste ..
vivek.rao
BRF Oldie
Posts: 3775
Joined: 11 Aug 2016 06:14

Re: Achievement tracking - Modi Govt. No discussions

Post by vivek.rao »

http://wap.business-standard.com/articl ... 983_1.html
Government brings paradigm shift in the approach for faster implementation under 'Namami Gange' programme
Capital Market | Jan 06, 2016 02:39 PM IST

The Union Cabinet, chaired by the Prime Minister Shri Narendra Modi, has approved the proposal for taking up Hybrid Annuity based Public Private Partnership (PPP) model under Namami Gange Programme which aims to reform the wastewater sector in India. Marking a paradigm shift in the implementation mode, Hybrid Annuity based Public Private Partnership (PPP) model will now be adopted to ensure performance, efficiency, viability and sustainability. In this model, a part of the capital investment (upto 40%) will be paid by government through construction linked milestones and the balance through an annuity over the contract duration upto 20 years.
Keeping in view the specialized nature of this model and to scale it up in future on sustainable basis, the Government is establishing a Special Purpose Vehicle (SPV) to plan, structure, procure concessionaires, monitor implementation of such PPP projects and develop market for treated waste water through appropriate policy advocacy under overall guidance of National Mission for Clean Ganga (NMCG). The SPV will be established under Indian Companies Act 2013 for providing required governance framework and enabling functional autonomy.

The SPV would enter into a Tripartite Memorandum of Agreement (MoA) with participating State Governments and concerned Urban Local Bodies (ULBs) for taking up individual projects. These MoAs will aim at introducing reforms and regulatory measures for recovery of user charges on Polluters Pay principle, restrictions on usage of ground & fresh water for non-potable purposes through stricter monitoring and guidelines that promote reuse of treated wastewater.

The Ministry in a first of its kind has already entered into an MoU with Ministries of Railways, for purchase of treated water from STPs wherever feasible to facilitate faster market development for treated wastewater. Similar MoUs are also being worked out with other Ministries of Power, Petroleum, Industries etc.

This is a futuristic step taken by the Government where the market development for treated waste water and structural reforms are complementing the projects. This will help taking up more number of projects with the same allocation as made available under Namami Gange programme with reduced financial liability in the initial years. Spreading the stakes of the private participant over the entire period of concession would ensure continued operations over long-term. Linking of performance standards with the annuities will ensure desired objective of treated water of appropriate standard. It would help gradual capacity building of the Urban Local Bodies by setting ground for recovery of user charges on Polluter Pays Principle. Development of the market for treated water will lead to reduced demand on riverine fresh-water and will result in enhanced flows in river Ganga. These steps would also kick-start the process of responsible use of water in general and go a long way in mitigating the projected water shortage in the country.
SwamyG
BRF Oldie
Posts: 16267
Joined: 11 Apr 2007 09:22

Re: Achievement tracking - Modi Govt. No discussions

Post by SwamyG »

The Namo Patrika team does a good job of tracking the achievements, in Hindi though. Hope there is an English version soon.

http://thenamopatrika.com/wp-content/up ... df90-1.pdf
jamwal
BR Mainsite Crew
Posts: 5727
Joined: 19 Feb 2008 21:28
Location: Somewhere Else
Contact:

Re: Achievement tracking - Modi Govt. No discussions

Post by jamwal »

Indian Railways gets first model rake of luxury 'Make in India' coaches

http://economictimes.indiatimes.com/sli ... 527600.cms
Post Reply