GENERATION AND DISTRIBUTION MINISTER
Rebrand 'journalism' in the time of AI
India joins global concerns over social media platforms using news content to train AI without compensation. Lawmakers highlight risks of misinformation and bias, urging tech creators to ensure a balance of natural and synthetic content for ethical AI development. The evolving landscape necessitates a shift in social media's business model and redefines journalism's role in delivering trustworthy information.
TN CM lays foundation stone for Rs 1,000 cr Taiwanese Dean Shoes factory in Ariyalur
Tamil Nadu Chief Minister M.K. Stalin laid the foundation stone for a new Dean Shoes manufacturing unit at the SIPCOT industrial park in Jayankondam. The Taiwanese company's Rs 1,000 crore investment is expected to create 15,000 jobs, mostly for women.
Today's welfare measures aim to empower: Union Minister Nirmala Sitharaman
Finance Minister Nirmala Sitharaman inaugurated a dividend distribution program for Self-Help Groups (SHGs) under the Sri Kshetra Dharmasthala Rural Development Project (SKDRDP). Sitharaman emphasized the shift in welfare approach, focusing on empowerment and recognizing the market potential of products created by beneficiaries.
Consider listing some power utilities, power minister Manohar Lal tells states
Union Power Minister Manohar Lal suggested that states consider listing power sector companies on stock exchanges to attract investment for future projects. Gujarat and Haryana have expressed interest in listing their utilities. The minister also proposed segregating the reporting of aggregate technical and commercial (AT&C) losses for better analysis.
Tamil Nadu advances towards vision of distributed growth with slew of projects
Tamil Nadu is expanding industrial growth to tier 2 and 3 cities with projects like Tata Motors' Rs 9,000 crore plant in Ranipet, VinFast's Rs 16,000 crore EV facility in Tuticorin, and Mini TIDEL Parks in Tuticorin, Thanjavur, and Villupuram to create high-quality jobs and boost infrastructure.
Historic Diwali, thousands of lamps will be lit in temple built on birthplace of Ram Lalla: PM Modi
Prime Minister Narendra Modi stated that this year's Diwali will be historic. For the first time in 500 years, thousands of lamps will be lit in the temple built at the birthplace of Ram Lalla in Ayodhya. This event coincides with the government's extensive development projects and health scheme extensions.
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"Congratulations each one of them...": Chirag Paswan after PM Modi distributes appointment letters under Rozgar Mela
Union Minister Chirag Paswan praised newly-appointed youth at Thiruvananthapuram's Rozgar Mela, emphasizing their role in India's development by 2047 under PM Modi's vision. Simultaneously, Congress's Priyanka Gandhi campaigns in Wayanad for the upcoming bypolls, as she seeks the seat vacated by her brother Rahul Gandhi.
Need to reduce carbon emissions to net zero by 2070, says Union Minister Manohar Lal
The Union Minister reviewed the power sector scenario of Tamil Nadu along with state Electricity Minister V Senthil Balaji, and other officials.
Assam CM Himanta Biswa Sarma launches Chief Minister¡¯s Atmanirbhar Asom Abhijan 2.0
Chief Minister Himanta Biswa Sarma announced the launch of CMAAA 2.0 to foster entrepreneurship in Assam. The initiative aims to support 75,000 beneficiaries with financial incentives based on their qualification. Applicants must register by November 18 and meet specific eligibility criteria to participate.
'Jalebis for Rahul Gandhi': Haryana BJP unit sends jalebis to Congress office in response to Pawan Khera's jibe
Following a significant victory in the Haryana Assembly elections, the BJP sent a kilogram of jalebis to Congress MP Rahul Gandhi at his Delhi office. The delivery was a pointed jab at Gandhi's earlier remarks about the popular sweet, drawing reactions from BJP leaders. This incident reflects the ongoing political tensions and highlights the cultural significance of Gohana jalebis.
Congress most corrupt party, MVA only knows how to stall development: PM Modi in poll-bound Maharashtra
Prime Minister Narendra Modi accused the Congress-led Maha Vikas Aghadi (MVA) of corruption and hindering development in Maharashtra. He highlighted various projects inaugurated and criticized past regimes for inefficiencies. Modi urged voters to reject the MVA, emphasizing BJP's commitment to infrastructure and economic progress.
Sports facilities are being developed in the cities as well as villages across the state, says UP CM Yogi Aditynath
UP Chief Minister Yogi Adityanath emphasized the development of sports facilities across cities and villages to motivate youth participation. On Monday, he honored 14 Olympians and Paralympic athletes with prize money, highlighting significant progress under PM Modi's leadership in promoting sports at a state and national level.
Army signs 8th procurement contract through iDEX
Reflecting its commitment to 'Atmanirbhar Bharat,' the Indian Army signed its eighth procurement contract through iDEX, focusing on fostering defence innovations. A key contract with QuNu Labs for Quantum Key Distribution aims to replace traditional encryption systems, enhancing security. Currently, 74 projects under iDEX involve collaborations with 77 startups.
AI in wealthtech; ETSA 2024 Top Innovator winner interview
Happy Monday! Rapid developments in artificial intelligence are being adopted in India's fast-growing wealthtech sector. This and more in today¡¯s ETtech Morning Dispatch.
My three generations never paid farm electricity bills: Shiv Sena MP
Union minister Prataprao Jadhav revealed that his family has not paid farm electricity bills for three generations. Speaking at an event for the Chief Minister Baliraja Free Electricity Scheme 2024, he mentioned giving money to engineers to replace burnt distribution panels. The scheme offers free electricity to farmers using pumps up to 7.5 horsepower.
Finance Minister to launch NPS Vatsalya Scheme on Wednesday
Finance Minister Nirmala Sitharaman will launch the NPS Vatsalya scheme on Wednesday, allowing parents to save for their children's future through a pension account. The scheme offers flexible contributions and investment options, making it accessible to families from all economic backgrounds. The initiative aims to secure the financial future of children in India.
Mumbai-Ahmedabad bullet train: 1,75,000 noise barriers installed on viaduct to mitigate noise generated by train
The National High Speed Rail Corporation Limited (NHSRCL) is progressing with the installation of noise barriers along the Mumbai-Ahmedabad bullet train corridor. As of September 10, 87.5 km of noise barriers have been installed in Gujarat. These barriers are designed to mitigate noise and ensure passenger comfort without obstructing views.
CCEA nod to Mumbai-Indore rail line
Prime Minister Narendra Modi said in a post on X, "Today's Cabinet decision will improve connectivity between Mumbai and Indore. In addition to boosting commerce, it will also provide employment opportunities to several people." An official statement later said the new line between Indore and Manmad would provide direct connectivity and improve mobility, ensuring enhanced efficiency and service reliability for the Indian Railways.
Fourth generation should not be entitled to quota: Ex-BJP SC unit chief
Former BJP Scheduled Caste Morcha chief Sanjay Paswan supported the Supreme Court's decision allowing sub-groups in the SC reservation but called for discussions to ensure distributive justice. He advocated for a "quota within quota." Paswan believes that sub-categorisation should be based on family rather than overall Dalit caste. He suggested limiting reservations to families benefiting for up to three generations to prevent unfair advantages and promote equality.
India's power generation capacity rose to 4.46 GW in 10 years: MoS Power
India's installed power generation capacity has grown by around 80% over the last decade, reaching 4,46,190 MW in June 2024. The installed capacity of coal-based power has increased from 1,39,663 MW in March 2014 to 2,10,969 MW in June 2024, while the installed capacity of the renewable sector has increased from 75,519 MW to 1,95,013 MW.
Freebies should be sustainable, governments must not put a burden on future generations: FM Sitharaman
Finance Minister Nirmala Sitharaman stressed that a government should be able to generate ¡°adequate¡± revenue from providing primary requirements of a society like drinking water, electricity, primary health and education. Sitharaman said that people should take the benefit of something being given for free; however, it is the government¡¯s responsibility to ensure the scheme does not adversely affect other taxpayers.
Amount paid on share buyback to be treated as dividend and taxed in hands of shareholders: FM
Finance Minister Nirmala Sitharaman on Tuesday said buyback of shares will be taxed in the hands of shareholders similar to dividend from October 1, a move that will increase the tax burden on investors.
Assam: Janata Bhawan solar project inaugurated; becomes first civil secretariat in India to rely fully on solar power
Chief Minister Himanta Biswa Sarma inaugurated the Janata Bhawan Solar Project, a 2.5-Mw power generation capacity grid connected rooftop and ground-mounted solar PV system. The project will generate an average of 3 lakh units of electricity monthly, with an investment of Rs. 12.56 crore expected to be recovered within four years. The project will make the Assam Secretariat Complex the first civil secretariat in the country to rely entirely on solar generated electricity for daily consumption.
Wealth Redistribution Tempest: Much ado about nothing (read no vote bank)?
The idea of wealth redistribution proposed by Congress leader Rahul Gandhi has sparked a heated debate in India's political landscape, with Prime Minister Narendra Modi labeling it as 'dangerous'. The discussion revolves around conducting surveys to assess wealth distribution and potential redistribution policies, stirring up controversy and accusations between political parties. The issue highlights growing income inequality and calls for radical measures to address economic disparities. While some experts advocate for progressive taxation and social spending to enhance economic equality, others caution against the potential negative impacts of wealth redistribution on individual incentives and overall economic growth. The ongoing debate underscores the complex challenges of wealth inequality in India and the need for thoughtful and effective solutions to ensure a fair and inclusive society.
JPC will be set up within one month of INDIA bloc govt formation to probe 'Adani scam': Congress
Congress attacked the Modi government over reports of Adani Group's alleged coal quality manipulation, calling it a "huge coal scam". Rahul Gandhi accused Adani of profiting from low-grade coal sold at inflated prices, promising a JPC probe within a month of an INDIA bloc government taking office. Adani denied allegations.
Odisha Assembly Elections 2024: BJP's CM face to be decided by party's parliamentary committee, says Manmohan Samal
Amid speculation over BJP's chief ministerial candidate in Odisha, party's state chief Manmohan Samal said the parliamentary committee will decide. BJD leaders predicted the announcement on social media. BJD's Sasmit Patra claimed BJP faced internal disputes, while BJP leaders criticized BJD's governance and projects. Union Minister Dharmendra Pradhan highlighted migration issues.
Modi govt's new solar scheme has three big hurdles
The government has launched a new scheme to encourage the installation of solar panels on rooftops, aiming to triple renewable capacity by 2030. The program provides subsidies to install grid-connected systems, allowing households to reduce electricity bills and sell extra power to the grid. However, challenges remain, including difficulties with electricity distribution companies (DISCOMs) and a lack of skilled workers. Despite these hurdles, the initiative is expected to create jobs and significantly reduce CO2 emissions.
Higher generation capacity, gas-based plants to help meet India's high summer power demand: Fitch
India's power demand is expected to rise by 7-8% in Q2 2024 due to robust industrial activity, GDP growth, and above-normal temperatures. The rating agency believes this demand will be met through larger operating capacities, adequate coal inventory, and higher utilization of gas-based plants. The Indian Ministry of Power has directed both gas-based and imported-coal-based power stations to maintain availability to meet the anticipated demand.
'Congress ki loot jindagi ke saath bhi, jindagi ke baad bhi': PM Modi hits out at Congress for Sam Pitroda's remark over inheritance tax
Lok Sabha Election 2024: PM Narendra Modi criticized Congress for their stance on inheritance tax and wealth redistribution. Modi accused Congress of burdening people with higher taxes during life and imposing inheritance tax after death. He condemned Rahul Gandhi and his advisor, Sam Pitroda, for proposing policies that would snatch away the wealth earned through hard work. Pitroda's remarks sparked controversy, emphasizing the need for equitable wealth distribution policies.
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