PM Modi applauds centre-state partnership during Covid-19

23 Jun 2021 CW Team

On Tuesday, Prime Minister Narendra Modi said that the economic response to the Covid-19 pandemic was formed to guarantee that solutions do not follow a ‘one size fits all' model and affirmed that “reforms by conviction and incentives” were undertaken on the back of the centre-state bhagidari (partnership).

In a LinkedIn post, Modi said that the states' capacity to borrow money following the economic influence of the Covid-19 pandemic was helped by the reforms put in place by the Centre, such as the Atma Nirbhar Bharat package.

Modi said that states have raised an extra Rs 1.06 lakh crore in 2020-21. This notable rise in the availability of resources was made possible by the Centre-State bhagidari approach.

He further mentioned the four reforms that made up his government’s economic response to the Covid-19 pandemic.

PM Modi stated that the first reform began under the One Nation One Ration Card policy, while the second reform had the aim of "improving the efficiency of doing business".

The third reform had the objective of ensuring “sound property taxation”, and the fourth reform included “Direct Benefit Transfer (DBT) in place of free electricity supply to farmers”, he wrote.

Image Source

Also read: Covid-19 second wave: PM Modi asks nation to ‘repair and prepare’

Also read: PM Modi launches E-100 pilot project in Pune to promote bioethanol

Infrastructure Urban

24 Jul 2026

Nuvoco Forecasts Rs 130 bn FY27 Revenue

Nuvoco Vistas Corp expects FY27 revenue to top Rs 130 billion (bn) as cement volumes gather pace, the company announced. The figure equates to Rs 130 bn after conversion from crore denominated targets and reflects management guidance for the next financial year. The chief executive outlined that prior constraints had limited volume growth but that recovery in demand during June and July had helped performance. The company expects costs to rise by Rs 100 to 120 per tonne (t) in the ongoing second quarter owing to monsoon related kiln maintenance shutdowns, higher fixed costs, and normal inflati..

India Core Infrastructure Output Rises Five Per Cent in June

India's core infrastructure sectors recorded growth of five per cent in June, marking a five-month high and signalling an upward trend in industrial activity. The expansion was propelled by strong performances in cement, electricity and the newly included iron ore, reflecting broader resilience across key inputs to construction and power supply. The readings point to strengthening domestic demand in construction and power generation. Production of cement and electricity each rose nine point eight per cent in the month, while iron ore output, included in the index under the new series, jumped 4..

Telangana Thermal Plants Hold Limited Coal Stock

The government told the Rajya Sabha that coal-fired power plants across India held 42.8 million (mn) tonnes (t) of coal as of July 12, enough for 14 days of generation at an 85 per cent plant load factor (PLF). The reply said coal supplies were being monitored daily through a joint mechanism and that coal rakes were being given priority to support uninterrupted thermal generation during peak demand. Officials indicated that daily data on stock levels and rake movements was reviewed to manage dispatches and avoid generation shortfalls. The Central Electricity Authority daily fuel report for Jul..