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Centre approves Rs 6,322 crore PLI scheme for specialty steel; to create 5.25 lakh jobs

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The Union Cabinet on Thursday approved the production-linked incentive (PLI) scheme for specialty steel to boost production of high grade steel in the country.

The scheme has the potential of generating employment for about 5.25 lakh people — of which 68,000 will be direct and the rest will be indirect jobs.

In a briefing post the Cabinet meeting — that was chaired by Prime Minister Narendra Modi — information and broadcasting minister Anurag Thakur said the move is aimed at boosting domestic manufacturing and exports from the sector.
Under this, incentives worth Rs 6,322 crore will be provided over a period of five years from 2023-24 ro 2027-28 for local manufacturing of the product.

The scheme is expected to bring in investment of approximately Rs 40,000 crore and capacity addition of 25 MT.
In addition, it also proposes to incentivise eligible manufacturers by paying between 4 per cent to 12 per cent incentive on incremental production.

“Any company registered in India, engaged in manufacturing of the identified ‘specialty steel’ grades will be eligible to participate in the scheme. It will however, have to ensure that the steel used for making specialty steel is melted and poured in the country, thereby ensuring end-to-end manufacturing keeping in view the Prime Minister’s, Atmanirbhar Bharat,” the Centre said in an official release.

The scheme will cover coated/plated steel products; high strength/wear resistant steel; specialty rails; alloy steel products, steel wires and electrical steel.

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Jammu

Youth in Kathua Stage Protest Against SHO, Kathua, Demands Termination

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Yesterday a Councillor got engaged with a JK Police Officer. The Councillor has reached to review a protest by the Shiv Nagar, Kathua, over the power cuts. The protestors have blocked the National Highway. The police officer asked the protestors to stage their protest off the road and not block the Highway. But, on numerous requests by the police, the protestors didn’t leave the road then the police started dragging the protestors from the road.

On Saturday, the youngsters of Kathua protested against Kathua Police and blocked the road. According to the youngsters, the SHO has misbehaved with the Councillor. A police party tried to resolve the matter, but the protestors didn’t agree. The Councillor demanded that the SHO apologize for his actions in front of the media or be suspended.

While talking to the media, a Sarpanch said, “yesterday’s incident was very shameful. The people elected the Councillor, and the SHO dragged him like an offender. The locals were protesting only to demand their rights. They were not doing anything illegal. We criticize the incident and demand that the SHO should be suspended. If he treats the Councillor this way, then how he treats the common public”.

Amish Mahajan
Content Writer
JK Media

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Jammu

We Want Jobs Not Loan: Protesting Dental Surgeons

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Last week J&K LG Manoj Sinha announced that the government would provide financial assistance to dental surgeons. “Govt to provide financial aid to dental surgeons to start their clinic. In the first phase, 400 dental surgeons and 800 paramedics will be selected for a specially tailored self-employment scheme”, the statement of LG reads.

The protesting dental surgeons have not agreed to accept financial assistance from the government and have continued their protest to demand government jobs. The protestors said that if the government doesn’t have funds for us, the government should shut down the dental college as they increase unemployment.

While talking to JK Media, a surgeon said, “it’s unfortunate why the LG is not listening to us. We have staged a peaceful protest so that our demands could reach the LG. The LG has announced financial assistance for us, but we don’t accept his decision as if we need a loan, we have applied for it at any bank. We are not demanding something illegal. All we want is that the government should conduct an exam, and if we fail in the exam, then we can’t blame the government”.

“If the government is giving jobs to all other branches, then why not to our fraternity? The government is releasing one statement only that there are no funds for us, but they are releasing funds for other branches, then there must be some corruption in government that’s why they are not releasing funds for us. The government is also saying that the medical department is getting privatized, then the government should shut down the government colleges and also privatize the MBBS surgeons”, a female surgeon said.

Amish Mahajan
Content Writer
JK Media

 

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Jammu

One dead, Two injured in road accident

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A local ailing elderly woman died while her son and daughter-in-law were injured after the ambulance they were on board skidded off the road and fell into Chakwah stream near Batote on Kishtwar-Batote highway in Jammu’s Doda district on Saturday, officials said.

As per a police spokesperson, the accident took place at about 1645 hrs this afternoon at chakwa nullah near Batote when the ambulence bearing registration number JK06/ 8241 on way from GMC Doda to SKIMS Srinagar skidded off the road and plunged into the deep nullah.

While confirming the incident, SHO Batote, Ranjeet Singh told Greater Kashmir that soon after receiving the information, a rescue operation was launched but the ill woman, Haseena Begum, 73, wife of Late Bhadar Malik, a resident of Tantna in tehsil Gondan of Doda district, had died on the spot.

Two of her attendents-her son Mohammad Amin Malik, 35 and his wife Farida Begum, 32- received injuries in the accident, Singh said.

The couple has been shifted to CHC Batote for treatment, he added.

Reports said that the driver of the ambulance, who received minor injuries in the accident, escaped from the spot while police has taken cognizance of the incident.

 

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Covid-19 Stats

24 Jul 2021, 5:08 AM (GMT)

Coronavirus Stats

31,341,507 Total Cases
420,196 Death Cases
30,504,747 Recovered Cases

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