J&K L-G Sinha: Power and roads infra benefits farmers

17 Oct 2023 CW Team

Lieutenant Governor Manoj Sinha announced that the power and road projects in the countryside would benefit marginalised people and farmers. This statement was made during the foundation laying ceremony of infrastructure projects in Bandipora district in north Kashmir. According to posts on the micro-blogging platform X by the Office of the L-G, Sinha inaugurated and laid the foundation stones of infrastructure projects worth over Rs 730 million. During the event, he distributed land allotment orders to the beneficiaries of Pradhan Mantri Awaas Yojana-Gramin and handed out sanction letters under various welfare schemes. Sinha emphasised that the power, road, bridge projects, and water schemes would create a more competitive environment in remote areas, ultimately benefiting marginalised sections of society and large farming families. In a review meeting with the Bandipora district administration, the L-G assessed the progress of infrastructure projects, including centrally sponsored and Union territory sector schemes. He urged the district administration to formulate a detailed action plan for the winter season, aiming to enhance the citizens' quality of life. Sinha highlighted the importance of collaboration between the power sector, education, health, agriculture, horticulture, and tourism departments to bolster the growth and development of Bandipora. He emphasized that tourism could play a pivotal role in the district's development. Earlier in the month, during his visit to the frontier district of Kupwara, Sinha had informed about the approval of a technical survey by the railway ministry for the construction of a railway line in the area.

Infrastructure Energy

08 Sep 2025

GST on Coal Raised to 18 per cent, Compensation Cess Removed

The Goods and Services Tax (GST) Council has approved a hike in the GST rate on coal and lignite from 5 per cent to 18 per cent, while simultaneously removing the additional compensation cess of Rs 400 per tonne, previously levied at 40 per cent. The decision, taken on 3 September, is expected to rationalise the tax structure without raising the overall cost burden on power producers or consumers.According to a statement from the Union government, the move is unlikely to impact electricity prices, as the tax adjustment is designed to be revenue-neutral for buyers. The removal of the cess is ex..

SCCL Mines Win 5-Star National Awards for Excellence

Singareni Collieries Company Limited (SCCL) has been awarded 5-Star ratings at the national level for four of its coal mines for the last financial year, recognising the company’s excellence in sustainable mining, safety, and operational practices.The honoured mines include:RG OC-1 Extension from the Ramagundam-3 AreaJK-5 OC from the Yellandu AreaRK-6 Underground Mine and RK-Newtech Mine from the Srirampur AreaThese awards were presented during the 5-Star Rating Awards Ceremony held in Mumbai, where SCCL Chairman and Managing Director N. Balram received the accolades from Union Minister for ..

JFSL Gets Rs 3.96 Billion from Promoters for Expansion

Jio Financial Services Ltd (JFSL) announced on Wednesday that promoter group companies have infused Rs 3.96 billion into the firm to support its expansion plans. The company’s board allotted 500 million convertible warrants at Rs 316.50 per warrant to Sikka Ports & Terminals Ltd and Jamnagar Utilities & Power Private Ltd, both part of the promoter group.Each entity has received 250 million warrants, and the total amount received—Rs 3,956.25 crore (Rs 39.56 billion)—represents 25 per cent of the total warrant issue price, in accordance with regulatory norms.This development is par..