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India news

PM to lay the foundation stone of Noida International Airport on November 25

Newsroom24x7 Network

  • Airport in line with PM’s vision towards boosting connectivity and creating a future-ready aviation sector
  • For the first time in India, an airport has been conceptualised with an integrated multi-modal cargo hub
  • Airport set to be the logistics gateway of northern India and help establish UP on the global logistics map
  • It will be India’s first net zero emissions airport

Noida: Uttar Pradesh is poised to become the only state in India to have five international airports, as Prime Minister Shri Narendra Modi will lay the foundation stone of the Noida International Airport (NIA) in Jewar, Gautam Buddha Nagar, Uttar Pradesh on 25 November, 2021 at 1 PM.

The development of the airport is in line with the vision of the Prime Minister towards boosting connectivity and creating a future-ready aviation sector. A special focus of this grand vision has been on the state of Uttar Pradesh (UP) that is witnessing the development of multiple new international airports including the recently inaugurated Kushinagar airport and the under construction international airport at Ayodhya.

This airport will be the second international airport to come up in Delhi NCR. It will help decongest the IGI Airport. It is strategically located and will serve the people of cities including Delhi, Noida, Ghaziabad, Aligarh, Agra, Faridabad and neighbouring areas.

The airport will be the logistics gateway of northern India. Due to its scale and capacity, the airport will be a gamechanger for UP. It will unleash the potential of UP to the world, and help establish the state on the global logistics map. For the first time, an airport in India has been conceptualised with an integrated multi modal cargo hub, with a focus on reducing the total cost and time for logistics. The dedicated cargo terminal will have a capacity of 20 lakh metric tonne, which will be expanded to 80 lakh metric tonne. Through facilitating seamless movement of industrial products, the airport will play a crucial role in helping the region attract huge investments, boost rapid industrial growth, and enable reach of local products to national and international markets. This will bring new opportunities for numerous enterprises, and also create tremendous employment opportunities.

The airport will develop a Ground Transportation Centre that will feature a multimodal transit hub, housing metro and high-speed rail stations, taxi, bus services and private parking. This will enable seamless connectivity of the airport with road, rail, and metro. Noida and Delhi will be connected to the airport through hassle free metro service. All major nearby roads and highways like the Yamuna Expressway, Western Peripheral Expressway, Eastern Peripheral Expressway, Delhi-Mumbai Expressway and others will be connected to the airport. The airport will also be linked to the planned Delhi-Varanasi High Speed Rail, enabling the journey between Delhi and airport in only 21 minutes.

The airport will also house a state-of-art MRO (Maintenance, Repair & Overhauling) Service. The design of the airport is focussed on low operating costs and seamless and fast transfer processes for passengers. The airport is introducing a swing aircraft stand concept, providing flexibility for airlines to operate an aircraft for both domestic and international flights from the same contact stand, without having to re-position the aircraft. This will ensure quick and efficient aircraft turnarounds at the airport, while ensuring a smooth and seamless passenger transfer process.

It will be India’s first net zero emissions airport. It has earmarked dedicated land to be developed as forest park using trees from the project site. NIA will preserve all native species and be nature positive throughout the development of the airport.

The development of the first phase of the airport is being done with a cost of over Rs 10,050 crore. Spread over more than 1300 hectares of land, the completed first phase of the airport will have a capacity to serve around 1.2 crore passengers a year and work on it is scheduled to be completed by 2024. It will be executed by the international bidder Zurich Airport International AG as concessionaire. The groundwork for the first phase regarding land acquisition and rehabilitation of the affected families has been completed.

117.63 cr vaccine doses administered in India

Newsroom24x7 Network

  • 117.63 cr vaccine doses have been administered so far under Nationwide Vaccination Drive
  • Recovery Rate currently at 98.32%; Highest since March 2020
  • 12,202 recoveries in the last 24 hours increases Total Recoveries to 3,39,46,749
  • 7,579 new cases in the last 24 hours; lowest in 543 days
  • India’s Active caseload stands at 1,13,584; lowest in 536 days
  • Active cases account for less than 1% of total cases, currently at 0.33%; Lowest since March 2020
  • Daily positivity rate (0.79%) less than 2% for last 50 days
  • Weekly Positivity Rate (0.93%) less than 2% for last 60 days
  • 63.34 cr Total Tests conducted so far

With the administration of 71,92,154 vaccine doses in the last 24 hours, India’s COVID-19 vaccination coverage exceeded 117.63 Cr (1,17,63,73,499) as per provisional reports till 7 am Tuesday 23 November 2021.  This has been achieved through 1,21,69,135 sessions.

The recovery of 12,202 patients in the last 24 hours has increased the cumulative tally of recovered patients (since the beginning of the pandemic) to 3,39,46,749.

Consequently, India’s recovery rate stands at 98.32%.

India to release 5 million barrels of crude oil from its Strategic Petroleum Reserves

Newsroom24x7 Network

India has agreed to release 5 million barrels of crude oil from its Strategic Petroleum Reserves. This release will happen in parallel and in consultation with other major global energy consumers including the USA, People’s Republic of China, Japan and the Republic of Korea.

India strongly believes that the pricing of liquid hydrocarbons should be reasonable, responsible and be determined by market forces. India has repeatedly expressed concern at supply of oil being artificially adjusted below demand levels by oil producing countries, leading to rising prices and negative attendant consequences.

Indian Prime Minister Narendra Modi has been consistently reviewing the high petroleum and diesel prices domestically.

In a bid to control inflationary pressures, Government of India had reduced the ‘central excise duty’ on petrol and diesel by Rs. 5 and Rs. 10 respectively on 3 November 2021. It was followed by reduction in VAT on fuel by many state governments. These difficult steps, despite the high fiscal burden on the Government, were taken in order to provide relief to citizens.    

Indian Strategic Petroleum Reserve Limited (ISPRL), a Government of India Special Purpose Vehicle, has established Strategic Petroleum Reserves (SPR) facilities with total capacity of 5.33 Million Metric Tonnes (MMT) at 3 locations, namely (i) Vishakhapatnam, (ii) Mangaluru and (iii) Padur. As per the consumption pattern of 2019-20, the total capacity is estimated to provide for about 9.5 days of crude oil requirement.

In addition, Oil Marketing Companies (OMCs) in the country have storage facilities for crude oil and petroleum products for 64.5 days, thus the current total national capacity for storage of crude oil and petroleum products currently is 74 days.

Taking advantage of low crude oil prices in April/May 2020, the Strategic Petroleum Reserves have been filled to full capacity, leading to notional savings of approximately INR 5000 crore.

Under Phase II of the SPR Programme, the Government gave ‘in principle’ approval in June 2018 for establishing two additional SPR facilities with total storage capacity of 6.5 MMT at two locations namely (i) Chandikhol in Odisha (4 MMT) and (ii) Padur in Karnataka (2.5 MMT). As per the consumption pattern of 2019-20, 6.5 MMT SPR capacity is estimated to provide for about additional 12 days of India’s crude oil requirement.

PM Narendra Modi announces decision to withdraw all three agricultural laws

Newsoom24x7 netwok

New Delhi: Prime Minister of India Narendra Modi on Friday 19 November announced that his Government has decided to withdraw all three agricultural laws. In the Parliament session starting later this month, the Government will complete the constitutional process to repeal the three agricultural laws.

The PM was addressing the nation on the occasion of Guru Nanak Jayanti. He expressed happiness that after a gap of one and a half years, the Kartarpur Sabih Corridor has now reopened.

The Prime Minister said “I have seen the challenges of the farmers very closely in my five decades of public life, that is why, when I was given the opportunity to serve the country as Prime Minister in 2014, we gave the highest priority to agriculture development and farmer welfare”.

The Prime Minister said that four prong measures of seeds, insurance, market and savings were taken to ameliorate the conditions of farmers. Along with good quality seeds, the government also connected the farmers with facilities like neem coated urea, soil health card and micro irrigation, he said.

The Prime Minister pointed out that many initiatives have been taken for the farmers to get the right price for their produce in return for their hard work. The country has strengthened its rural market infrastructure. “We not only increased the MSP, but also created a record number of government procurement centers. The procurement of the produce made by our government has broken the records of the last several decades”, he said.

The Prime Minister said in his Government’s great campaign to improve the condition of the farmers, three agricultural laws were brought in the country. The objective was that the farmers of the country, especially small farmers should be strengthened, they should get the right price for their produce and maximum options to sell the produce.

The Prime Minister said for years, farmers of the country, agricultural experts of the country and farmers’ organizations of the country were continuously making this demand. Earlier also many governments had brainstormed on this. This time also there was discussion in Parliament, brainstorming took place and these laws were brought up. In every nook and corner of the country, many farmers’ organizations welcomed and supported it. The Prime Minister expressed his gratitude to the organizations, farmers and individuals who supported the move.

The Prime Minister said that the Government brought these laws for the welfare of farmers, specially small farmers, in the interest of the agriculture sector, for a bright future of ‘gaanv-gareeb’ – village-poor, with full integrity, clear conscience and dedication towards farmers. He continued, “such a sacred thing, absolutely pure, a matter of farmers’ interest, we could not explain to some farmers despite our efforts.

Agricultural economists, scientists, progressive farmers also tried their best to make them understand the importance of agricultural laws”.

In the spirit of holy Gurupurab the Prime Minister said that today is not the day for blaming anyone but a day to rededicate to working for the welfare of the farmers.

The Prime Minister announced an important initiative for the agriculture sector. He announced the formation of a committee to promote zero budgeting based agriculture, to change crop pattern as per the changing needs of the country and to make MSP more effective and transparent. The Committee will have representatives of the central government, state governments, farmers, agricultural scientists, and agricultural economists.

Postscript: A post on social media perfectly sums up the issue.

We quote: “Modis repeal of 3 laws was Mary Antoinette’s “Let them eat cake” moment. If the farmers want to live on govt handouts and behave like destitute and don’t have any self-respect, vision or will to compete at global level its their choice. When one was in school 70% economy was agrarian now its just shy of 30%. As far as one goes farming is an activity that can be fully automated. The 20cr farmers who do not understand this are just putting their and their families future in peril.”