States - 2017 February

February 2

A.P. set to be country's nuclear power hub.
The Government had accorded 'in principle' approval for the site at Kovvada in Srikakulam district of Andhra Pradesh for setting up six Light Water Reactors in cooperation with the USA.
This information was provided by the Union Minister of State (Independent Charge) Development of North-Eastern Region.
Andhra Pradesh’s gain the Kovvada nuclear park project for 6 1000MW reactors in Srikakulam under way.

Investment approved in Andhra Pradesh under Atal Mission for next 3 years.
Rs. 1,350 crore investment approved in Andhra Pradesh under Atal Mission for next 3 years. To get central assistance of Rs. 405 crore.
Rs. 863 crore to be spent on water supply, Rs. 261 crore on sewerage networks, Rs. 195 crore on drainage.
Total investment of Rs. 2,890 crore under AMRUT to improve basic urban infrastructure in 32 cities.
As against the earlier practice of approving annual action plans, the Ministry has approved investments for the next three financial years 2017-20 under the directions of Minister of Urban Development Shri M.Venkaiah Naidu.
The Ministry had earlier approved Rs. 663 crore for 2015-16 and Rs. 877 crore for 2016-17 taking the total investment under Atal Mission Rs. 2,890 crore.

February 3

Tata Strive, TS Skill Academy tie up to hone lecturers skills.
Tata Strive and Telangana Academy for Skill and Knowledge (TASK) have signed an agreement to partner on coaching the college lecturers and to offer youth skill development courses based on industry-specific needs.
We are looking forward to this partnership with TASK that will help improve the lives of youth by strengthening their employability and entrepreneurship opportunities.
Sujiv Nair, CEO of TASK, this partnership focuses on enhancing facilitation skills for faculty that will enhance their teaching impact and specific skill courses in the auto, BFSI and BPO sectors for the unemployed youth.

February 5

Beedi workers to get higher housing subsidy, EPF cover too.
An increase in housing subsidy and cover under the EPF and ESI are on the anvil. The housing subsidy will be hiked to Rs. 1.5 lakh from the existing Rs. 40,000.
The Union Ministry of Labour and Employment is planning to construct 10,000 houses for beedi workers in Telangana.
Under the Social Security Scheme, 18 lakh contract labourers will be covered under the services of ESIC.
The Ministry has proposed to set up three 100-bedded hospitals in Ramagundam, Warangal and Ghoshamahal (Hyderabad), if the State government allocates land.

Telangana launches country’s first social innovation hub.
The Telangana government launched India's first social innovation centre, the Kakatiya Hub for Social Innovation, in Nizamabad.
Telangana IT Secretary Jayesh Ranjan made the announcement at the one-day Development Dialogue, an international social entrepreneurship ecosystem conference hosted by Kakatiya Sandbox.

Dabur launches ayurvedic gel toothpaste.
Dabur India Ltd announced the launch of a ayurvedic specialist toothpaste in a modern gel format.
Harkawal Singh, Dabur India Marketing Head.

BioAsia meet in Hyderabad from today.
BioAsia, the annual flagship event of the Telangana government, will be hosted at HICC.
The 2017 edition will have a buyer-seller meet in which a number of international buyers are expected to participate. The three-day event will be inaugurated by Governor ESL Narasimhan.
The event is likely to bring together 1,500 delegates from over 50 countries. Over 100 speakers and 800 corporates will take part.

February 6

23 railway stations to be brought under Redevelopment Project.
In the first phase, 23 railway stations have been selected on Indian Railways for the Re-Development Project launch. This includes Secunderabad and Vijayawada Railway Stations on South Central Railway.
The project aims make best use of the potential of the assets of the stations. Out of over 8,000 stations in the system, over 400 have been selected for the station redevelopment programme, based on the revenue they generate.

Shale gas exploration in K-G basin opposed.
The ONGC, which proposes to take up shale gas exploration in the Krishna-Godavari basin in Andhra Pradesh, has been accused of violating provisions of the Environment (Protection) Act, 1986, and also Environment Impact Assessment (EIA) notification, 2006.
The Human Rights Forum general secretary V.S. Krishna.

February 7

Immense scope for industrial growth in Telangana.
BioAsia 2017, Governor ESL Narasimhan inaugurating the annual event, was witness to announcement of projects worth Rs. 3,382 crore.
Genome Valley Excellence Award 2017 was awarded to Nobel Laureate Kurt Wuthrichand and Paul Stoffels, Worldwide Chairman of Pharmaceuticals and Chief Scientific Officer of Johnson & Johnson, on the occasion.

New accounting standards course launched for practitioners.
Niranjan Misra, Central Council Member, Institute of Cost Accountants of India, after digitally launching the eLearning course Under this partnership, practitioners and students of CA, ICWAI, ACS, MBA, M.Com, B.Com, BBA will undergo intensive 130 hours of online courses covering 36 standards offered by C&K Management. Examination will be conducted by ICWAI-MARF and successful students will be awarded a certificate by ICWAI.
The first set of companies with a net worth of over Rs. 500 crore. The second phase staring a net worth of Rs. 250 crore or more.

Workers up in arms against Major Ports Authority Bill.
The workers of Visakhapatnam port staged a demonstration in front of the port under the leadership of the United Port and Dock Employees Union in protest against the Major Ports Authority Bill, 2016.
Union general secretary VS Padmanabha Raju the NDA government had introduced the Bill to replace Major Ports Act, 1963, to erode the autonomy of major ports and to sell the valuable assets of the ports to corporates in the country and abroad.

February 8

Telangana to achieve 3 GW solar capacity by year-end.
Telangana is set to cross the 3 giga watt (3,000 MW) solar power generation capacity by the year-end, up from about 1.1 GW installed capacity now.
Over 15 per cent of the total energy contribution from the renewable energy segment, Ajay Mishra, Special Chief Secretary of Energy, Telangana.
The State currently has an installed capacity of 1,070 of solar power generation.

Desh Deshpande plans residential skills centres.
Gururaj 'Desh' Deshpande, who made it big in the IT industry in the West, always believed in the bottoms up approach. After making billions in building companies like sycamore networks and Cascade Communications he argues that the best way to create solutions for the problems in India is to work with those enduring them and let them build solutions.
To support this approach, the Deshpande Foundation is building the country’s biggest residential skilling centre at Hubli, country’s biggest start-up incubator and another rural incubator at Nizamabad. Deshpande is spending Rs. 65 crore on building the 3 lakh sq ft skilling centre.

February 9

Govt urged to promote urban co-op banks.
The Centre, the state government and the RBI should encourage setting up of more urban co-operative banks as they are fulfilling the local needs of the people, which the scheduled commercial banks are not able to address in many urban areas M. Anjaneyulu, Chairman (Emeritus) of Visakhapatnam Urban Co-operative Bank.
He was speaking at a meeting at Seethammadhara after the inauguration of the first branch of the Rajahmundry-based Aryapuram Cooperative Urban Bank in the city. It is the 14th branch of the Aryapuram Co-op Bank, which has 13 branches in the two Godavari districts.

BioAsia meet attracts Rs. 3,400 crore in proposals.
The flagship biotech conference of Telangana, BioAsia 2017, has witnessed investment proposals amounting to Rs. 3,400 crore. around 1,200 trade meetings between various organisations.
This was disclosed by Jayesh Ranjan, Principal Secretary of Industries, Commerce, IT, Electronics and Communications on the conclusion of the three-day conference.

T-Hub teams up with Novartis Healthcare.
T-Hub, the start-up incubator of the state, signed the MoU with Novartis to help health tech start-ups from across segments. Jay Krishnan is the CEO of T-Hub.

Rs. 1,000 crore bonds planned to fund Amaravati capital development.
The Amaravati Capital Development Authority, headed by Andhra Pradesh Chief Minister N Chandrababu Naidu, has decided to float bonds to the tune of Rs. 1,000 crore for development of infrastructure in the capital city along the Krishna river banks.

IB Hubs plans more start-up incubators.
IB Hubs, a Delhi-based start-up incubator hub, is planning to build 2,500 small incubators in the country in major cities and in tier-II and III cities in the next two years.
There will be 500 nodes in cities and towns with each of them connected to all the 2,000 units.