United States can't ignore UP if it wants to improve ties with India: BJP minister

Agencies
May 4, 2018

Washington, May 4: If the United States wants to improve its ties with India, it can no longer ignore or sideline Uttar Pradesh, a visiting delegation from the most populous Indian state has said. Uttar Pradesh Health Minister Sidhartha Nath Singh is leading the high-powered delegation of top state officials to the US. "It is important for the Government of the United States to understand that for any relationship with India to go up, obviously other states are important, but Uttar Pradesh remains the most important," Singh said.

"Even if you want to improve the health index of India, for example, India can come up only if UP scores well in this area," Singh said. Having concluded their trip to the Silicon Valley in California, the delegation was in Washington DC yesterday, holding meetings with US Government officials.

They met with officials from the State Department, the Department of Commerce and USAID and had round tables with the industry representatives, sending them the common message that they can "no longer" afford to ignore or skip Uttar Pradesh if they want to invest in or improve ties with India.

Singh said the BJP government had initiated a series of administrative reforms in sectors like health, agriculture, industry and education so as to make Uttar Pradesh a business-friendly destination.

"In addition, UP offers a huge market for companies," Singh and his delegation said during their powerpoint presentation before representatives of US companies.

He said the American corporate sector had shown interest to invest in defence manufacturing, IT and health sectors in Uttar Pradesh, while some of the top educational institutions wanted collaborative research and problem-solving projects.

During the Investors Summit-2018 in February in Uttar Pradesh, Prime Minister Narendra Modi had announced a defence industrial corridor in the Bundelkhand region, saying it would bring an investment of Rs 20,000 crore and generate employment avenues for 2.5 lakh people.

"After recent announcement of defence corridor, a number of US defence companies have shown serious interest in investing in this sector in the state," said Singh.

He held meetings with representatives of the Lockheed Martin here while a meeting with Boeing is also on the cards. "US companies have shown big interest in UP's health sector, for which the BJP government has announced ambitious expansion plans, and the fast-developing IT sector in Noida, adjoining the national capital," said Singh.

He also suggested that the state could collaborate with some American universities for fellowship programmes, exchange programmes or research programmes. "That could be a big, big takeaway for us," Singh said, as he referred to a meeting that the delegation has had with the Stanford University in Silicon Valley this week.

Companies like Pepsico and Cargill have shown interest in investing in the state's agriculture sector. Both the companies have signed memorandums of understanding with UP. Singh said his delegation has received an invitation from the US India Strategic and Partnership Forum (USISPF) for Chief Minister Yogi Adityanath to visit the United States later this summer. "We hope the chief minister visits the US soon," Singh said.

"The US trip is basically to get UP to be known in a new way and also to get investment from US into Uttar Pradesh," Singh said. The delegation would next travel to New York before leaving for India.

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News Network
February 28,2020

Feb 28: National oil marketer Indian Oil Corporation (IOC) on Friday said it is ready to supply low emission BS-VI fuels from April 1 and that there will be a marginal increase in retail prices.

The largest oil supplier has spent over Rs 17,000 crore to upgrade its refineries to produce the low-sulfur diesel and petrol, the company's chairman Sanjiv Singh told reporters here.

Without disclosing the quantum of price increase, Singh said, “there will definitely be a marginal increase in retail prices of the fuels from April 1 when the whole country will be run on new fuels, which will have a sulphur content of only 10 parts per million (ppm) as against the present 50 ppm.

“But let me assure you, we will not be burdening the consumers with a steep hike,” Singh said.

He said, state-run oil marketing companies (OMCs) have invested Rs 35,000 crore to upgrade their refineries, of which Rs 17,000 crore have been spent by IOC alone.

Earlier this week, the sell-off bound BPCL said it had invested around Rs 7,000 crore for the same. ONGC-run HPCL has not so far disclosed its readiness for BS-VI supplies or its capex on the same.

HPCL had said from February 26-27 it was ready with BS-VI fuels and that it would sell only the new fuels from March 1.

IOC switched to BS-VI fuel production a fortnight ago and all its depots and containers are ready now, Singh said.

However, he said some remote locations, where the intake is very low, will take some more time to switch. But the company is planning to drain out the entire BS-IV stock and replenish the new fuels at such locations, he added.

Further, it has been reported that the companies will have to increase prices by 70-120 paise a litre, but Singh said, to arrive such a weighted average is not possible given the complexities of each refinery.

He, however, asserted that the price hike will not be a burden on consumers.

We are not looking at this investment from a pure return on investment basis, but this is a national mandate and we have done it.

Having said that, all those countries that moved to low emission fuels are charging higher prices; and from April 1, our prices will also be benchmarked against Euro VI prices as against the present practice of the cost-plus model, Singh concluded.

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News Network
July 18,2020

Ayodhya, Jul 18: The Shri Ram Janmabhoomi Teertha Kshetra Trust has invited Prime Minister Narendra Modi to lay the foundation stone of a grand Ram Temple in Ayodhya either on August 3 or 5, both auspicious dates, said a spokesperson.

PM Modi had announced the formation of the Shri Ram Janmabhoomi Teertha Kshetra Trust on February 5.

Mahant Kamal Nayan Das, the spokesperson of Ram Mandir Trust president Nritya Gopal Das said, "We have suggested two auspicious dates -- August 3 and 5 -- for the prime minister's visit based on calculations of movements of stars and planets."

After a protracted legal tussle, the Supreme Court had on November 9 last year paved the way for the construction of a Ram Temple by a Trust at the disputed site in Ayodhya and directed the Centre to allot an alternative 5-acre plot to the Sunni Waqf Board for building a new mosque at a "prominent" place in the holy town in Uttar Pradesh.

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Agencies
July 29,2020

If everything goes as Russia’s expectation, it will be world’s first country to approve a coronavirus vaccine for widespread in the second week of August despite safety and efficacy concerns, according to a report. The adenoviral vector-based vaccine developed by Russian military and government researchers is currently in phase 2 trials.

According to a report from CNN, Russian officials are hoping to get approval for the COVID-19 vaccine developed by the Moscow-based Gamaleya Institute on Agust 10 or even before that. The officials told the outlet that the vaccine will be approved for public use with frontline healthcare workers receiving it first.

“It’s a Sputnik moment,” said Kirill Dmitriev, head of Russia’s sovereign wealth fund, which is financing Russian vaccine research, referring to the successful 1957 launch of the world’s first satellite by the Soviet Union, according to CNN.

“Americans were surprised when they heard Sputnik’s beeping. It’s the same with this vaccine. Russia will have got there first,” he was quoted as saying.

However, Russia is yet to release the scientific data on its coronavirus vaccine trials, hence, questions remain about the safety and efficacy of the vaccine, said the report. The vaccine is in the second phase of testing with developers planning to launch the phase 3 trials sometime after August 3.

Earlier, Interfax reported, citing Health Minister Mikhail Murashko, that the vaccine will be widely used in parallel with phase 3 trials. He said the country plans to vaccinate medics who are at high-risk for COVID-19 next month before clinical trials are completed.

Murashko added that individuals at higher risk of getting infected with the coronavirus such as older people or those with health conditions will also be prioritised for the vaccine, although he did not estimate or reveal when that would happen. The minister added 800 people will be recruited for the phase 3 trials.

Meanwhile, health officials were more cautious considering the fact that human testing of the vaccine is incomplete, and the state registration is expected to begin after August 3, reported The Moscow Times.

On Monday, Moderna and Pfizer announced the commencement of the final phase 3 trials of their candidate vaccines against the SARS-CoV-2 virus, which has so far claimed at least 654,477 lives and infected 16,514,500 people worldwide. 

Researchers will recruit up to 30,000 volunteers in separate trials both backed by the US government. India's first indigenous coronavirus vaccine, COVAXIN, is undergoing phase 1 human clinical trials across the country. More than 150 COVID-19 vaccines are being developed all over the world with at least six candidates already in late-stage clinical trials.

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