Asia

Post snowfall, power restored in entire Kashmir in just 6 hours
Asia

Post snowfall, power restored in entire Kashmir in just 6 hours

It was a strenuous effort by the officials of the power development department of Jammu and Kashmir that ensured restoration of electricity in entire Kashmir division in just six hours after the region witnessed heavy snowfall.According to official data, the snowfall across the Kashmir region caused some glitches in the distribution system bringing the supply down from 1400 MW to 400 MW.In comparison to previous snowfalls, the officials said, the early preparedness was the key in restoring the supply this time. “Our men started work from 4 am; it was because of their efforts that the whole system was up by the Saturday afternoon.”Principal Secretary, Power Department, Rohit Kansal while commending the PDD employees said: “It is for the first time that our department was able to restore pow
J&K: Dheeraj Gupta reviews Smart City Project for capital cities
Asia

J&K: Dheeraj Gupta reviews Smart City Project for capital cities

In a high-level meeting, Dheeraj Gupta, Principal Secretary (Housing and Urban Development) in the government of Jammu and Kashmir reviewed the progress on implementation of ‘Smart City Project’ for twin cities of Jammu and Srinagar at the Civil Secretariat.The meeting was attended by Divisional Commissioner Jammu, Sanjeev Verma; Deputy Commissioner, Jammu, Sushma Chauhan and other officers of the concerned department while as Divisional Commissioner, Kashmir, PK Pole and Deputy Commissioner Srinagar, Shahid Iqbal Choudhary participated through video conferencing.Speaking during the meeting, Principal Secretary Gupta said that the smart city project will improve the living standards of the people of both the cities as uninterrupted water and electricity will be provided to the general publ
J&K: SKUAST distributes backyard poultry units under NABARD
Asia

J&K: SKUAST distributes backyard poultry units under NABARD

In the Indian union territory of Jammu and Kashmir, Sher-e-Kashmir University of Agricultural Sciences & Technology’s (SKUAST) distributed free of cost keystone golden chicks and poultry feed to beneficiaries through the Krishi Vigyan Kendra in Ganderbal district.The chicks and feed were distributed among 20 male and 20 female beneficiaries from two adopted villages of Repora and Dignibal of the district under National Bank for Agriculture and Rural Development (NABARD) supported project, “Propagation of elite backyard birds for enhancing egg production in rural areas”.Measures for effective implementation of the project with active participation of the beneficiaries were also discussed. In addition, an awareness program on backyard poultry farming was held.The farmers praised the SKUA
J&K power sector gets real shot in the arm
Asia

J&K power sector gets real shot in the arm

A loan assistance of over Rs 11 thousand crores has been approved for the Indian union territory of Jammu and Kashmir under the Atmanirbhar Bharat Abhiyan (ABA) – a liquidity infusion scheme in DISCOMs.The loan assistance of Rs 11,024.47 crore will enable J&K to clear its outstanding payments under power purchases.An MoU for availing of the second tranche of this loan for Rs 5,444.47 crore was signed between J&K Power Development Department, J&K Power Corporation Ltd. and Power Finance Corporation (PFC) in presence of the Principal Secretary PDD, Rohit Kansal at Srinagar, an official statement said.The MoU, it said, was signed by the Director Finance PDD, M.H Malik and Chief Engineer JKPCL, Mohammad Yousuf Baba and Madhu Chakraborty GM, L&D PFC. The MDs of the DISCOMS, Chie
J&K: Dwivedi meets deputations of industrial unit holders
Asia

J&K: Dwivedi meets deputations of industrial unit holders

In the Indian union territory of Jammu and Kashmir, several deputations of industrial unit holders called on Commissioner Secretary, Industries and Commerce, Manoj Kumar Dwivedi, to apprise him of various issues confronting them at the Civil Secretariat in Srinagar.A deputation of Steel Rolling unit holders led by Mir Waseem requested Commissioner Secretary to expedite the power supply to electric furnace and demanded that electricity be provided to continue the running of units as other sources of fuel are not available in sufficient quantity.The delegation informed Commissioner Secretary that provision of electricity to steel industry will help to reduce carbon footprint.Another deputation of industrial unit holders of Summerbugh Lasjan, led by Shahid Thakur, apprised Commissioner Secret...
J&K: Principal Secretary Rohit Kansal reviews power situation in Kupwara, Baramulla
Asia

J&K: Principal Secretary Rohit Kansal reviews power situation in Kupwara, Baramulla

In a review meeting chaired by Rohit Kansal Principal Secretary to the Jammu and Kashmir government (Power Development Department), it was decided that the augmentation of the capacity of grid station at Delina Baramulla will be completed by December end.With this augmentation, the capacity of Delina Grid Station would double from existing 160 MVA to 320 MVA. This, in turn, will significantly enhance the power supply position to Baramulla and Kupwara districts and bring relief to the people of the twin districts.Later in the day, Principal Secretary Kansal visited the Delina Grid Station and took stock of 160 MV augmentation project. He complimented the engineers and staff for their efforts, and exhorted them to complete the work by December 31, 2020.In another significant decision, it was...
Strong capital inflows to further strengthen Indian rupee in the week ahead: Analysts
Asia

Strong capital inflows to further strengthen Indian rupee in the week ahead: Analysts

Persistent foreign fund inflows on the back of bullish global cues will strengthen the rupee during the upcoming week, according to analysts.Besides, lesser intervention from the Reserve Bank of India is expected after it was called out by the US Treasury Department to curtail its market activities."RBI intervention is keeping the rupee stable, as it feels prudent to insulate rupee from the strong capital inflows. US Fed putting India on watch list is expected to reduce pace of intervention going forward. Expect rupee to trade between 73.20 to 73.60 with appreciative rupee bias," said Sajal Gupta, Head, Forex and Rates, Edelweiss Securities.Lately, healthy FIIs inflows have powered a rally in equities and gave an appreciation push to the rupee. The FIIs were net buyers last week, investing...
India set to authorise first set of Covid-19 vaccines, to vaccinate around 300 million
Asia

India set to authorise first set of Covid-19 vaccines, to vaccinate around 300 million

Indian Union Health Minister Harsh Vardhan has announced that India is about to authorise the first set of Covid-19 vaccines and that there is a need for an expeditious vaccination drive to cover all the target populations estimated to be around 300 million (30 crore).He made the announcement while chairing the 22nd meeting of the high-level Group of Ministers (GoM) on Covid-19 through a video-conference as India crossed the one crore infection mark.He was virtually joined by External Affairs Minister S. Jaishankar, Civil Aviation Minister Hardeep S. Puri, Minister of State Health & Family Welfare Ashwini Kumar Choubey, Minister of State for Home Affairs Nityanand Rai, Member (Health) NITI Aayog Vinod K. Paul, Advisers to the Prime Minister Amarjeet Sinha and Bhaskar Khulbe.Reiterating...
J&K DDC polls: 51% voter turnout; counting of votes on December 22
Asia

J&K DDC polls: 51% voter turnout; counting of votes on December 22

In the Indian union territory of Jammu and Kashmir, the District Development Council (DDC) elections concluded on Saturday with an overall voter turnout of approximately 51 per cent.Now, the counting of votes will be taken up on December 22. This was the first time that the union territory exercised its democratic right after the abrogation of Article 370.“In the eighth and final phase of polling on Saturday, nearly 51 per cent turnout was recorded across 28 constituencies spread over 18 districts of the union territory,” State Election Commissioner (SEC) K.K Sharma said.Addressing a press conference, Sharma said the polling was peaceful and largely incident-free, barring a few minor incidents. "We had a successful last phase of the polls which recorded a turnout of 50.98 per cent for the
India denies Pak’s claims about attacks by Indian troops on UN vehicle
Asia

India denies Pak’s claims about attacks by Indian troops on UN vehicle

Indian Ministry of External Affairs (MEA) on Sunday rejected Pakistan’s allegations that Indian troops deliberately targeted a vehicle of the United Nations along the Line of Control saying a detailed investigation found the claims to be factually "incorrect and false".MEA Spokesperson Anurag Srivastava said Pakistan should responsibly investigate its "lapses" instead of repeating "baseless and fabricated" allegations against India to cover up its own "failure" in ensuring the safety and security of UN personnel in territory under its control.On Friday, Pakistan had alleged that Indian troops targeted a vehicle of United Nations Military Observers (UNMO) in the Chirikot sector along the Line of Control (LoC).Srivastava said that India has conveyed its findings and views on "these misrepres