10-cr LPG connections including 4-cr free to poor women given in 4 yrs, claims PM Modi

News Network
May 28, 2018

New Delhi, MAY 28: Prime Minister Narendra Modi on Monday said 10 crore LPG connections including 4 crore free to poor women, were given in last four years, compared to 13 crore in six decades since independence, as his government stepped up efforts to shield women and children from kitchen smoke.

Interacting through video-conference with some of the women beneficiaries who received free cooking gas connection under the Pradhan Mantri Ujjwala Yojana, Modi recounted his own childhood when his mother struggled with smoke emitting from cooking on firewood or cow dung, to say his government will increase coverage of clean fuel to 100 percent households in the near future.

"Till 2014, only 13 crore LPG connections were given. These were mostly to rich and affluent class. In the past four years, we have given 10 crore new LPG connections, mostly to poor," he said. "Ujjwala Yojana has strengthened the lives of the poor, marginalised, Dalits, tribal communities. This initiative is playing a central role in social empowerment."

Launched in May 2016, the scheme aims to provide in next three years as many as 5 crore free cooking gas connections to women from extremely poor households, aimed at reducing the use of polluting fuels such as wood and dried cow dung that, according to the World Health Organization, cause 1.3 million premature deaths in India every year.

The target was raised to 8 crore this year by adding two additional years.

India aims to increase liquefied petroleum gas (LPG) usage to cover 80 percent of its households by March 2019, against 72.8 percent in 2017. The Prime Minister did not give a date for achieving 100 percent coverage.

Modi said LPG is the cleanest and easily available source of energy that is giving women a healthier lifestyle, saving them time, helping them financially and saving the environment.

As many as 45 percent of the four crore free LPG connections given under Ujwalla are to Dalits, he said.

Stating that his government stood for empowerment of the Dalits, the Prime Minister said more than 1,200 petrol pumps have been given to Dalit families since 2014 as compared to 445 retail outlets given to such families during 2010-2014 period of the previous UPA regime.

Similarly, 1,300 families got LPG distributorship as compared to 900 in the previous years.

The government, he said, is very serious in eliminating middlemen and so the beneficiary list has been made transparent.

Apart from those included under socio-economic caste census (SECC) to avail the scheme, the extended Pradhan Mantri Ujjwala Yojana would now cover all SC/ST households, most backward classes, beneficiaries of Pradhan Mantri Awas Yojana (Gramin), Antyoday Anna Yojana, forest dwellers, people residing in river and river islands.

Modi said the government is targeting one lakh LPG Panchayats (peer learning platforms to support behaviour change in Ujjwala beneficiaries) this year to boost the LPG refill consumption and provide a window for the benefits of cleaner fuel to become visible.

Under the Pradhan Mantri Ujjwala Yojana, the government provides a subsidy of Rs 1,600 to state-owned fuel retailers for every free LPG gas connection that they install in poor rural households without one.

This subsidy is intended to cover the security fee for the cylinder and the fitting charges. The beneficiary has to buy her own cooking stove and refills.
To reduce the burden, the scheme allows beneficiaries to pay for the stove and the first refill in monthly instalments. However, the cost of all subsequent refills has to be borne by the beneficiary household.

He said 70 percent of the villages are 100 percent covered by LPG and 81 percent village are covered up to 75 percent.

In his interaction with women beneficiaries from different states, he asked them if they were getting LPG refills on time and if any middlemen were asking for money.
 
He asked them about their experience of using LPG and how it saved them time, which they can utilise for supporting the family financially by starting schemes like tiffin service.

He asked women to give healthy and nutritious food to their kids and not just rely on junk food.

Modi said he will never forget one of Premchand's stories, Idgah. "The story is about young Hamid, who does not buy sweets or gifts during Id but buys a 'Chimta' so that his grandmother does not burn her hands while cooking. This story is extremely emotional."

"Ujjwala Yojana is leading to better health for India's Nari Shakti," he said. 

Comments

Wellwisher
 - 
Monday, 28 May 2018

A new trend trying to fool the citizens. After a massive Rs 15lakhs controversy; 2 crores job;Note Bund, Aadhar card fraud  mr.modi statred to make publisity about his achievement. All the projects so far inagurated  by him are the program of previous Government he trying to tkae the credit and trying to divert the citizens mind from raising oil price to some other corner.

Wah this what his desh bhakt  move.

 

 

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Agencies
March 9,2020

Mumbai, Mar 9: The mayhem in domestic stock markets deepened with the BSE Sensex falling over 2,400 points and the Nifty50 trading below 10,400 points.

The plunge in the domestic indices was in line with the global markets on persistent fears of economic impact of the coronavirus epidemic.

Stocks of Reliance Industries registered the biggest fall in over 10 years as it fell to Rs 1,094.95 per share. At 1.34 p.m., it was trading at Rs 1,100, lower by Rs 170.05 or 13.39 per cent from its previous close. The stock fell most since October 2008.

The benchmark index of BSE Sensex was trading at 35,232.67 points, lower by 2,343.95 points or 6.24% from the previous close of 37,576.62 points. 

It had opened at the intra-day high of 36,950.20 and has so far touched a low of 35,109.18.

The Nifty50 on the National Stock Exchange was trading at 10,314.25 points, lower by 675.20 points or 6.14% from the previous close. 

It was a sell-off across sectors, led by financial, metal, energy and IT stocks - which weighed on the markets.

Further, crude oil prices also slumped around 30% on Monday as Organization of Petroleum Exporting Countries (OEPC) failed to agree on an output cut deal, eventually causing Saudi Arabia to cut its prices as it is likely to increase its production. Saudi Arabia's stance has already raised concerns of an all-out price war.

Brent crude futures are currently trading around $34 per barrel.

On Saturday, Saudi Arabia announced massive discounts to its official selling prices for April, and the nation is reportedly preparing to increase its production above the 10 million barrel per day mark, according to reports.

As per analysts, the oil market witnessed the worst price fall on Monday since the 1991 Gulf War.

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News Network
June 23,2020

Jun 23: The U.S. government on Monday restricted charter flights from India, accusing the nation of "unfair and discriminatory practices" by violating a treaty governing aviation between the two countries.

Air India Ltd. has been making flights to repatriate its citizens during the travel disruptions caused by the Covid-19 outbreak, but also has been selling tickets to the public, the Transportation Department alleged.

At the same time, U.S. airlines have been prohibited from flying to India by aviation regulators there, the DOT said in its order. The situation "creates a competitive disadvantage for U.S. carriers," the agency said in a press release.

Air India is advertising a schedule that is more than half of pre-virus operations, the department said. "The charters go beyond true repatriations, and it appears that Air India may be using repatriation charters as a way of circumventing" that nation's flight restrictions, the U.S. agency said.

The order becomes effective in 30 days, the department said.

Indian airlines must apply to the DOT for authorization before conducting charter flights so that it can scrutinize them more closely, it said. The department will reconsider the restrictions once India lifts restrictions on U.S. carriers.

The action against India follows weeks of DOT restrictions against Chinese airlines after the U.S. agency accused that nation of unfairly banning American carriers in the wake of the virus. On June 15, the U.S. announced it would agree to allow four flights a week from China after it allowed the same number by U.S. carriers.

Attempts to reach Air India and the Indian embassy in Washington after business hours were unsuccessful.

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News Network
March 25,2020

India will suspend all domestic flights from midnight Tuesday, the final piece of a nationwide lockdown that threatens Prime Minister Narendra Modi’s attempts to revive an economy already expanding at the slowest pace in more than a decade.

The flight ban compliments a cancellation of all passenger trains through March 31, as authorities try to halt the spread of the coronavirus in the world’s second-most populous country, which has poorly equipped hospitals and inadequate social security. Modi on Monday held a conference call with some of India’s top entrepreneurs and bankers, who urged policymakers to immediately slash interest rates by as much as a full percentage point, transfer cash to the poorest citizens, and suspend loan-repayments.

Over the past three days, state after state has declared curfews and India’s international borders have been shut for most visitors since March 11. India so far has 492 virus cases, including nine deaths. But experts say the country could be on the same trajectory as Italy, where the outbreak quickly escalated, causing hospitals to overflow.
A traveller stands outside a near-empty Delhi Junction Railway Station in Delhi, March 22.

"This is the biggest lockdown in world history,” said Raghu Raman, a former soldier with the Indian Army and founder of the National Intelligence Grid, an umbrella database aimed at countering terrorism. “This strategic pause gives decision-makers more time to arrest the exponential spread of the virus and evaluate trade-offs.”

Controlling the outbreak is crucial for Modi, who remains India’s most popular political leader currently though his economic management has faced criticism. Foreign investors are selling Indian assets at an unprecedented pace and failure to contain deaths and infections could erode some of the prime minister’s personal appeal at home.

Oxford Economics slashed India’s January-March growth forecast to 3%, a number not seen even during the worst of the global financial crisis. The main equity gauge rose about 3% on Tuesday after a record 13.2% plunge Monday, and the rupee stayed near its all-time low.

“A part of the cerebral cortex that senses fear and survival seems to have activated in the minds of investors,” said Umesh Mehta, Mumbai-based head of research at Samco Securities Ltd. “The only relief in this market can come from either policy makers and regulators, or from some positive news that a cure for the pandemic is near.”

Bloomberg Economics estimates Modi’s administration needs at least 1% of gross domestic product -- $30 billion -- to meaningfully respond to the virus outbreak. Meanwhile, the nation’s billionaires are diverting their factories to manufacture medical equipment and pledging to keep paying their staff even as production grinds to a halt. India allowed companies to use their philanthropy funds to prevent the spread of the coronavirus.

Reliance Industries Ltd., controlled by India’s richest man Mukesh Ambani, has helped equip a hospital in Mumbai dedicated to patients of Covid-19, the disease caused by the coronavirus. It will also build quarantine centers and produce 100,000 facemasks a day and other personal protective equipment for health workers. The group’s telecom unit will offer free broadband to enable work-from-home during the lockdown and will pay its lowest paid workers twice a month to protect household incomes.

Ambani joins Mahindra & Mahindra Ltd. Chairman Anand Mahindra and Vedanta Resources Ltd. Chairman Anil Agarwal -- a combined worth of more than $40 billion between the trio -- who have so far made pledges.

Indian companies are responding to Modi’s shutdown call. Maruti Suzuki India Ltd., Tata Motors Ltd., Toyota Kirloskar Motor, Hero MotoCorp., Samsung Electronics Co. and LG Electronics Inc., Mahindra Group, TVS Motor Co., Kia Motors Corp., Renault Nissan Automotive India Private Ltd., and Yamaha Motor India are among companies that have announced factory suspensions.

Policymakers are aware of the risks of such a move. India -- with a record 5.9 trillion rupees of local corporate debt maturing this year -- faces “waves of default” if cash flows aren’t maintained, the government’s principal economic adviser Sanjeev Sanyal said an interview.

Finance Minister Nirmala Sitharaman last week said the government will announce a relief package for coronavirus-affected sectors as soon as possible. The Reserve Bank of India, which is due to review interest rates April 3, announced a 1 trillion rupee cash injection on Monday.

“Let me assure, whatever it takes to keep the cash flow going in the economy will be done,” Sanyal said. “We need to make sure that when we are past the health storm, we still have an economy that has not gotten gridlocked. Because unwinding that would be more difficult.”

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