Connect with us
Friday,26-February-2021

Business

Mizoram Governor Jagdish Mukhi for more border trade with neighbouring nations

Published

on

Assam-Governor-Jagdish-Mukhi

Acting Mizoram Governor Jagdish Mukhi has said border trade with Myanmar and Bangladesh would be pursued for the benefit of the state.

On the opening day of the budget session of the Assembly here on Tuesday, the Governor said: “In keeping with “Act East Policy”, border trade with Myanmar and Bangladesh would be vigorously pursued so that Mizoram can benefit economically.”

He said the state government would soon embark on a fresh “road map” of development under the new flagship programme — Socio-Economic Development Policy (SEDP).

“THe SEDP would accelerate progress and growth in all key sectors where the state has tremendous potential. The objective of the policy is to transform Mizoram into a truly welfare state that is self-reliant and its development both inclusive and sustainable and where governance is transparent and participatory.”

He told the House the SEDP, unlike earlier programmes of previous (Congress) government, would not be given as “doles” but as a hand-holding support on the viability of projects and feasibility of livelihood income generation.

“The menaces of drug abuse and drug trafficking have assumed alarming proportions in Mizoram. The state government would deal with the issue with all seriousness,” he said.

Mukhi said measures would be taken to eradicate social evils. A new bill to repeal the Mizoram Liquor (Control and Prohibition) Act, 2014, implemented since January 2015, would be tabled during this session.

“All-out efforts would be made for combating trafficking of women and children, juvenile delinquency and rehabilitation as well as restoration programmes through network of residential homes and non-institutional services in partnership with civil society,” he said.

The Governor said to develop Aizawl into a smart city under the Smart Cities Mission, a special purpose vehicle — Aizawl Smart City Limited — is now functional for implementation of varied features of the mission.

“In 2019-20, through a grant of Rs 500 crore from the Centre, of which Rs 53 crore has been released, Aizawl would get a complete facelift in various aspects,” he said.

The Governor also said tourism has tremendous potential in generating both revenue and employment.

“Efforts to place Mizoram as a preferred tourist destination in the domestic and international circuits would be undertaken in a focussed manner. Rural tourism can help the rural economy and special emphasis will be laid to encourage community participation in tourism activities,” said Mukhi.

Business

Dixon Technologies to set up unit in Karnataka: Deputy CM

Published

on

ASUS-laptops

Noida-based leading manufacturer of laptop, tab and other consumer electronic goods – Dixon Technologies (India) Limited – has come forward to set up a manufacturing plant in Karnataka, Deputy Chief Minister C.N. Ashwatha Narayana said here on Thursday.

Dixon Technologies (India) Ltd is an Indian electronics manufacturing services company and it is a contract manufacturer of televisions, washing machines, smartphones, LED bulbs, battens, downlighters and CCTV security systems for several multinational companies.

This company has manufacturing units in Noida, Dehradun and Tirupati, as well as the largest television, washing machine and bulb assembly plants in India.

Sunil Vachani, Executive President of the company submitted a proposal to Narayana, who holds the IT and BT portfolio, seeking land and other requirements to establish the unit. The company has sought 10-15 acres of land.

According to a statement released by the Deputy Chief Minister’s office, this project will be considered under the ambit of Electronic System and Design and Manufacturing (ESDM).

“Land parcels have been identified and will be given any one of the locations of Masthenahalli or Mindenalli of Kolara district, Haraluru of Bengaluru Rural district, Harohally of Ramanagar. As per the ESDM policy, the company will be eligible for the subsidy and other concessions if it establishes the plant outside the region of Bengaluru Urban district,” the Deputy Chief Minister explained.

Narayana also directed deputy commissioners to facilitate the company’s request and extend all help in attracting the investment and housing Dixon Technologies’ manufacturing plant in the state.

The statement added that the company which has a market value of over Rs 30,000 crore also makes Desktop Computers, CFL bulbs, LED TVs, CCTV, and washing machines.

Continue Reading

Business

Fuel price hike on hold for 3rd consecutive day

Published

on

Petrol

Oil marketing companies on Friday continued with their wait and watch strategy and kept the retail price of petrol and diesel unchanged for the third consecutive day.

Accordingly, petrol continues to be sold at Rs 90.93 a litre and diesel at Rs 81.32 a litre in the national capital.

Elsewhere in the country as well, fuel prices remained unchanged after oil companies increased the pump price on 13 of the last 18 days.

In the 13 increases since February 9, prices have gone up by Rs 3.98 per litre for petrol while diesel rate has risen by Rs 4.19 a litre in Delhi.

The price pause on Friday may be momentary as global oil prices are on the boil with benchmark Brent crude prices remaining above $ 66 a barrel. The product prices in the international market have also firmed up over restricted supplies and a demand pick up.

The increase of fuel prices in the previous weeks has taken petrol to cross historic high levels of Rs 100 a litre in several cities across the country.

In Mumbai, petrol price is just Rs 3 per litre short (Rs 97.34 a litre) of touching three digit mark of Rs 100 per litre for the very first time ever. Diesel price in the city is closing on Rs 90 a litre (Rs 88.44 a litre).

In all other metros, petrol is over Rs 90 a litre-mark while diesel is well over Rs 80 a litre. Premium petrol has crossed Rs 100 per litre-mark in several cities of Rajasthan, Madhya Pradesh and Maharashtra a few days back.

Since fuel prices are benchmarked to a 15-day rolling average of global refined products’ prices and dollar exchange rate, pump prices can be expected to remain northbound over the next few days even if crude price stabilises.

The petrol and diesel prices have increased 25 times in 2021 with the two auto fuels increasing by Rs 7.22 and Rs 7.45 per litre respectively so far this year.

Oil companies executives said that petrol and diesel prices may increase further in coming days as retail prices may have to be balanced in line with global developments to prevent OMCs from making losses on sale of auto fuels.

Continue Reading

Business

Mumbai Airport to reopen Terminal 1

Published

on

Mumbai-Airport

With a view to safeguard health and safety of passengers in Covid-19 times, the Chhatrapati Shivaji Maharaj International Airport (CSMIA) will reopen its Terminal-1 (T1) for domestic flights from March 10, officials said here on Friday.

After the lockdown in late March 2020, T1 operations were suspended and were consolidated through Terminal-2 (T2) for convenience of passengers and stakeholders.

With the increasing number of Covid-19 cases in Mumbai and many parts of Maharashtra, the CSMIA is hopeful that it will ensure strict adherence to physical-distancing norms by all passengers.

From March 10, GoAir, StarAir, AirAsia and Trujet will resume all their operations from T1, while IndiGo’s base flight will be operated from here and other flights shall continue from T2.

However, the CSMIA officials assure that even at T1, passengers shall be able to enjoy the luxurious lounges, world-class retail, food & beverages, etc while complying with higher levels of safety and hygiene.

The airport will make all other arrangements at T1 like stringent screening of passengers, personnel, disinfection and sanitization, face-masks and other necessary PPE kits, physical distancing through rearranged seating, plexi-glass to minimize face-to-face interactions, encouraging contactless payments, etc.

Continue Reading
Advertisement
Advertisement

Trending