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techandenvironment · 8 months ago
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India To Emerge Semiconductor Provider Surpassing Taiwan Soon
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Projects Trinity: (Fintech Technology)
Two of the three projects are semiconductor production facilities situated in the Dholera Special Investment Region (DSIR) of Gujarat and Morigaon, Assam; the third project is an OSAT (outsourced semiconductor assembly and test) facility located in Sanand, Gujarat.
From PM's Mind: (Recent Fintech news)
The prime minister pointed out that only a few nations worldwide presently produce semiconductors, underscoring the need for a stable supply chain in light of the disruptions caused by the coronavirus pandemic.
When searching for the most recent Fintech news, come to us.
He stressed the importance of India's IT industry, nuclear power, and digital might while pointing out that the country is keen to contribute significantly to this.
"The day is not far when India will become a global power in the manufacture of products for the semiconductor sector," he said, elaborating on his future goals.
India is prepared to start producing semiconductors commercially. Indian tech news updates.
He emphasized that decisions made today over policy will provide India a strategic advantage later on and said that the country has attracted a large number of foreign investors because of the "ease of doing business" and less complicated regulations. 
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wordexpress · 2 years ago
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Milk Gives Government A Headache As Prices Soar Ahead of 2024 Polls
The average retail price of milk in India has increased by 12% from a year ago to 57.15 rupees ($0.6962) a liter.
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Milk is ubiquitous in India - from the morning glassful that most middle class school kids glug to its use in Hindu religious rituals. Now it could become a headache for Prime Minister Narendra Modi's government as prices soar.
The average retail price of milk in India has increased by 12% from a year ago to 57.15 rupees ($0.6962) a liter. A mix of factors is at play - a jump in the cost of cereals has made cattle feed more expensive coupled with lower dairy yields as cows were inadequately fed due to the pandemic rupturing demand at the time.
In turn, milk - which has the second-largest weight in India's food basket - pushes up overall inflation as well. India's headline inflation for March fell below the central bank's target of 6% as high interest rates cooled overall demand, according to data released Wednesday. However, milk inflation trended higher than the overall figure at 9.31%.
High prices of milk and related products - emotive items that most poor families aspire to and wealthier people see as indicators of status - have the potential of becoming a political risk for Modi's government ahead of national elections next summer.
"This trend of higher milk prices is problematic, since it is a highly price elastic product and has a direct impact on consumption," said R.S. Sodhi, president of the Indian Dairy Association.
For now, the demand-supply mismatch has helped a rally among dairy stocks in India as analysts expect this situation can help organized players expand their share of overall market in India.
However, Sodhi said the balance sheet of dairy companies may eventually come under stress as the cost of procurement is rising. One factor is the increase in the prices of cereals and rice bran, ingredients used in animal feed, which is discouraging farmers from feeding their cattle sufficiently and is reflecting in milk prices that have risen 12%-15% during winter months, he said.
Unseasonal rain and heat waves have also contributed to this jump in feed prices. Cereal inflation came in at 15.27% for March 2023.
But trouble was brewing even before prices of cattle feed began to rise.
When the coronavirus pandemic hit and India introduced one of the world's strictest lockdowns, demand for milk and milk products dipped as many restaurants and sweet shops were forced to shut down either temporarily or permanently.
India accounts for almost a quarter of the world's milk supplies, but those massive volumes are produced in large part by tens of millions of small farmers who maintain modest numbers of animals. The drop in demand meant they were unable to feed their livestock well.
"A cow has to be fed irrespective of whatever quantity of milk it is giving and this is a pressure point for the producer," said Jayen Mehta, who heads India's largest dairy cooperative, Gujarat Cooperative Milk Marketing Federation, which owns the iconic Amul brand.
And while the South Asian nation consumes the bulk of the milk it produces, exports have also been rising, especially once the global virus disruption eased and demand for milk products picked up across the the world. India exported dairy products worth about $391.59 million in the 2021-22 fiscal year compared to $321.96 million in the year before that.
"In terms of the outlook for this year, we believe that milk prices will continue to increase, since there is a shortage of milk heading into the peak demand season," Madhavi Arora, economist at Emkay Global wrote in a report this month.
Demand for ice cream and yogurt jumps as summer temperatures soar. That's followed by the season of Hindu festivals, which starts around September - milk-based sweets are a holiday staple - and carries on for the next few months.
While Modi revamped a food program to make monthly rice and wheat rations free for about 800 million Indians, higher prices of other kitchen staples add to the pressure on his government to do more to help citizens cope with the rising costs of living. That's crucial as he prepares to seek reelection next year in a country that has by far the largest number of poor people worldwide.
"It's an issue that affects ordinary people rightly," said Neerja Chowdhury, a New Delhi-based political columnist. "But whether it becomes a poll issue depends on the opposition, how effectively they can use it and make it into a right issue that make people vote in a particular way."
Analysts expect Modi to win as the opposition remains in disarray. But the government may still have to do some heavy-lifting to beat back price pressures, given the Reserve Bank of India has already paused monetary tightening amid mounting growth risks.
While economists expect overall inflation to ease going ahead, things are not looking up for this staple. India's central bank last week said that prices of milk may continue to be firm going into the summer season due to tight demand-supply balance and fodder cost pressures.
Amul's Mehta describes it as walking a tight rope. On one hand, it is about limiting the impact of inflation on consumers for an essential item, while simultaneously ensuring producers get a fair price to encourage them to continue producing milk, he said.
For now, even middle class families are tweaking their milk consumption. Ruchika Thakur, a lawyer and a parent to a five-year-old, says cutting down on milk purchases is not an option so she's started buying cheaper options to tackle the surge in cost.
"I think twice before making that extra cup of coffee," she said, adding that there is no room for buying more, especially for a family of eight who consume three liters of milk each day.
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ank01-fan · 2 years ago
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Cricket: Expanded IPL returns to India with COVID curbs - Al Jazeera English
Galaxy of top names and two new franchises expand the world’s richest cricket competition to 10 teams for its 15th edition. The Indian Premier League returns for its biggest season on Saturday, with a galaxy of top names and two new franchises expanding the world’s richest cricket competition to 10 teams for its 15th edition. But crowds in the cricket-crazy nation will, initially at least, be limited to 25 percent capacity with group games restricted to four venues – one in Pune and three in Mumbai. The venues for the three playoff matches and the May 29 final are yet to be announced. International T20 greats such as Australia’s David Warner and England’s Jos Buttler will be back for two months of high-octane cricket, but fellow Englishman Ben Stokes and West Indies veteran big-hitter Chris Gayle are big names who will be missing. The teams will be divided into two groups of five, based on their previous IPL records, for a 70-match regular season that promises to be the first completed entirely in India since 2019 because of the coronavirus pandemic. “This season is going to be with crowds and we are hoping to have full capacity soon,” Arun Dhumal, treasurer of the Board of Control for Cricket in India (BCCI), told AFP news agency. “The new teams bring a lot of excitement and after the player auction, in a way, all the teams are new. There is a lot of new blood and we are hoping that it will be exciting for the players and the fans.” The 10 teams splurged $75m to buy 204 players in last month’s auction with Mumbai Indians bringing back Ishan Kishan for a whopping $2m. England batter Liam Livingstone was the most expensive overseas player, costing the Punjab Kings $1.52m to bolster their bid for a first IPL title. The two new teams, set up at a combined cost of a staggering $1.6bn, are Gujarat Titans, owned by United States venture capital fund CVC, and Lucknow Super Giants, backed by Indian tycoon Sanjiv Goenka. The Rohit Sharma-led Mumbai Indians have been the most successful IPL team, winning a record five titles in 2013, 2015, 2017, 2019 and 2020. Chennai Super Kings, led by veteran former India captain Mahendra Singh Dhoni, are the defending champions and will open the season against Kolkata Knight Riders, owned by Bollywood megastar Shah Rukh Khan, at Mumbai’s Wankhede Stadium on Saturday. The two-month extravaganza will see 74 matches in all with teams coached by some of cricket’s former greats including Australians Ricky Ponting and Tom Moody, Stephen Fleming of New Zealand and Mahela Jayawardene of Sri Lanka. Debutants Gujarat Titans have snapped up highly-rated spinner Rashid Khan of Afghanistan, but the explosive pace of England’s Jofra Archer may not be on display for Mumbai Indians after he missed the Ashes in Australia with an elbow injury. Of the home superstars, Virat Kohli will be under pressure after stepping down as captain of India and enduring, by his lofty standards, a lean spell with the bat having not scored an international century since November 2019. Having tried and failed to win the IPL title for nine seasons as skipper of Royal Challengers Bangalore, “King Kohli” has also stepped aside with South Africa’s Faf du Plessis taking charge. “(Kohli) doesn’t look that confident but he also needs a bit of luck. I am sure you will enjoy the same Virat, batting very freely, very dominating,” Vijay Lokapally, a veteran journalist and a Kohli biographer, told AFP. “And it’s good if we expect him to excel every time, it speaks for the respect he has in the cricket world.” The tournament began in India in April last year but had to be suspended at the halfway point a month later as COVID-19 infections surged across the country. It eventually resumed in September in the United Arab Emirates, with Chennai Super Kings beating Kolkata Knight Riders in the final on October 15 in Dubai. The pandemic also forced the IPL to be played in the UAE in 2020. Follow Al Jazeera English: source Read the full article
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kiranadhavmarketstudy · 2 years ago
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Chloromethane market Projected to Witness Vigorous Expansion by 2022-2028
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reporter17-news · 4 years ago
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tomorrowusa · 4 years ago
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Authoritarians are particularly fond of grandiose projects -- usually of a superfluous or self-aggrandizing nature. Gigantomania and delusions of grandeur tend to go with unchecked power.
The number of authoritarians associated with excessively large building projects is large. They have a variety of political origins which includes left, right, nationalistic, and kleptocratic. A partial list focusing on those since the early 20th century:
Adolph Hitler (Germany)
Joseph Stalin and successors (USSR) 
Benito Mussolini (Italy)
Kim Il-sung and successors (North Korea)
Nicolae Ceaușescu (Romania)
Saddam Hussein  (Iraq)
Mao Zedong (China)
Viktor Orbán (Hungary) 
Modi may not be Hitler or Stalin, but his preference for grandiose projects over the welfare of his country’s citizens does display a mindset similar to those of 20th century European dictators.
While hospitals plead for life-saving oxygen and Covid-19 patients die in their thousands, India's Prime Minister Narendra Modi is pushing ahead with a $1.8 billion parliamentary revamp -- including a new home for the country's leader.
The decision to continue with the project in the capital, New Delhi, has infuriated the public and opposition politicians, who have pointed to the apparent disconnect in pouring millions into a construction project when the country is struggling with its worst-ever public health crisis. 
On Saturday, India reported 403,405 new infections and 4,077 new deaths from COVID-19. Many patients have died because they have not been able to get oxygen during their treatment. Yet Modi has refused to pause the Central Vista Redevelopment Project which his government has classified as “essential”.
Another CNN piece describes the project in short.
Since it was announced in September 2019, the $1.8 billion Central Vista Redevelopment Project has been branded unduly expensive, environmentally irresponsible and a threat to cultural heritage. And with Modi's elaborate new private residence -- which comprises 10 buildings across 15 acres (6 hectares) of land -- among dozens of planned new government structures, many critics have dismissed the scheme as an architectural vanity project that serves India's populist leader, not its people.
While some work on the main government area in New Delhi can be justified, Modi’s plans are over the top.
The Central Vista Redevelopment Project is not an isolated instance of Modi’s gigantomania. He spent US$403 million on a statue in a remote part of his home state of Gujarat.
India has world’s largest statue, but satisfying Modi’s ego still a tall order
More than 5,000 police personnel guarded the world’s tallest statue as local people threatened protests – including a campaign of letters written in blood – ahead of its inauguration by India’s Prime Minister Narendra Modi on Wednesday.
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The ceremony attracted sharp criticism for the spectacle, in addition to long-standing concerns over whether the country could afford to spend so much on a statue.
The project had also come under fire for the natural resources destroyed in its construction, and the displacement of as many as 75,000 tribal people from the area in which it was built.
And also in Modi’s home state, the world’s largest cricket stadium was constructed. The 132,000 seat facility was modestly renamed Narendra Modi Stadium. 
India renames world's largest cricket stadium after PM Modi
AHMEDABAD, India (Reuters) - India renamed the world’s largest cricket stadium after Prime Minister Narendra Modi on Wednesday, a move that drew immediate praise and criticism.
So there is definitely a cult of personality surrounding Modi. But he can build a cricket stadium in every city in India and place a giant statue next to it but he will still be remembered most for his terrible handling of the COVID-19 pandemic.
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The most damaging criticism of Modi has come not from politicians or journalists but from medical professionals. This is from the medical journal The Lancet.
India's COVID-19 emergency
Modelling suggested falsely that India had reached herd immunity, encouraging complacency and insufficient preparation, but a serosurvey by the Indian Council of Medical Research in January suggested that only 21% of the population had antibodies against SARS-CoV-2. At times, Prime Minister Narendra Modi's Government has seemed more intent on removing criticism on Twitter than trying to control the pandemic.
Despite warnings about the risks of superspreader events, the government allowed religious festivals to go ahead, drawing millions of people from around the country, along with huge political rallies—conspicuous for their lack of COVID-19 mitigation measures. The message that COVID-19 was essentially over also slowed the start of India's COVID-19 vaccination campaign, which has vaccinated less than 2% of the population. At the federal level, India's vaccination plan soon fell apart. The government abruptly shifted course without discussing the change in policy with states, expanding vaccination to everyone older than 18 years, draining supplies, and creating mass confusion and a market for vaccine doses in which states and hospital systems competed.
[ ... ]
The Institute for Health Metrics and Evaluation estimates that India will see a staggering 1 million deaths from COVID-19 by Aug 1. If that outcome were to happen, Modi's Government would be responsible for presiding over a self-inflicted national catastrophe. India squandered its early successes in controlling COVID-19. Until April, the government's COVID-19 taskforce had not met in months. The consequences of that decision are clear before us, and India must now restructure its response while the crisis rages. 
Science may not always be perfect, but the pandemic response in both India AND the United States has taught us that it’s not wise to put political considerations ahead of public health.
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indizombie · 4 years ago
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Everyone understood the pandemic is a difficult challenge. Most citizens were willing to go to inordinate lengths to support the effort. But we managed to convert the governance of the pandemic into free fall. At the root of this is the culture of perception management that insecure leaderships at the top create. So, rather than acknowledging the depth of the challenge, many states, from Gujarat to Delhi to Bengal, actively mimicked the Central government’s emphasis on managing their image rather than confronting reality. They suppressed testing so that their scorecard looks good. You would have thought that at this point testing would be freely available, and on demand, rather than doled out in rationed doses. Most state leaders, like Vijay Rupani, Mamata Banerjee and Arvind Kejriwal are to blame as much as the prime minister, but they mimicked his (Narendra Modi's) style.
Pratap Bhanu Mehta, 'India is heading into uncharted waters with no leadership at the helm, just the simulacra of one', Indian Express
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12nb34 · 3 years ago
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Gujarat Biotechnology Research Centre (GBRC), the state’s only INSACOG lab, conducted genome sequencing of 340 nasopharyngeal samples in the first two weeks of January.
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A researcher told Mirror, “While we began seeing community transmission of the BA.1 lineage of Omicron in December end, its incidence rate has overtaken Delta substantially now. More importantly, the BA.2 lineage is gaining faster than BA.1 lineage. This phenomenon is currently under our investigation.”
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doonitedin · 3 years ago
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Lakshadweep to become first in India to achieve full COVID vaccination
Lakshadweep to become first in India to achieve full COVID vaccination
Image Source : PTI Meanwhile, India’s mass vaccination drive has crossed the 108 cr landmark achieving 108,18,66,715 vaccinations on Saturday.   Union Territory Lakshadweep is likely to achieve complete Covid vaccination of its eligible population soon. Lakshadweep may become the first among states and Union Territories to achieve complete vaccination coverage of its eligible population. A…
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rakesh-rajdev · 3 years ago
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#RakeshRajdev volunteer to help and support others during the #coronavirus (#covid-19) #pandemic. #RajdevRajkot #Rajkot #Gujarat #HelpInPandamic #HelpInCarona https://www.instagram.com/p/CTh_VJOB4TT/?utm_medium=tumblr
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everythingshouldbereality · 3 years ago
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COVID: Night curfew eased by an hour in 36 Gujarat cities
COVID: Night curfew eased by an hour in 36 Gujarat cities
Image Source : PTI/ REPRESENTATIONAL. Night curfew eased by an hour in 36 Gujarat cities.   The Gujarat government has decided to relax the nigh-time curfew by one hour in 36 major cities of the state, looking at the decreasing number of corona infection. Now it will be effective from 9 pm. instead of existing 8 pm. Looking at the decreasing number of corona cases in Gujarat, the Vijay Rupani…
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newscafe247 · 3 years ago
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Current Lockdown Calendar of India!
Know all the extended dates!...
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24x7newsbengal · 4 years ago
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COVID: Gujarat heading towards health emergency, says High Court
COVID: Gujarat heading towards health emergency, says High Court
Image Source : PTI/REPRESENTATIONAL. COVID: Gujarat heading towards health emergency, says High Court Taking a serious note of the worsening coronavirus situation, especially on the healthcare system and infrastructure, the Gujarat High Court on Sunday observed that the state was heading towards a health emergency. Taking suo moto cognizance, it filed a fresh Public interest litigation (PIL)…
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axis-news · 4 years ago
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Covid-19: India inoculated only around 5 lakh people on March 29
Covid-19: India inoculated only around 5 lakh people on March 29
India inoculated 5,82,919 against novel coronavirus in the last 24 hours, taking the cumulative total to 6,11,13,354 people inoculated so far as on March 30, 8.00 IST, according to the official data of the Ministry of Health and Family Welfare. The database revealed that the first dose of the vaccine was received by 5,51,164 people. While 31,755 were inoculated with the second dose in the last 24…
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indiarightnow · 4 years ago
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Covid strikes at the heart of top institutes; IIM-A has 40 active cases
Covid strikes at the heart of top institutes; IIM-A has 40 active cases
The new wave of coronavirus in Gujarat has hit two of the country’s premier educational institutions with IIM Ahmedabad and IIT Gandhinagar reporting active cases in double digits. The Indian Institute of Management Ahmedabad currently has 40 active cases of coronavirus, while IIT-G has 25 active cases, official sources said. “The IIM-A campus was almost COVID-free with only isolated cases till…
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inventivaindia · 4 years ago
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86.25% new COVID cases in 6 states: Govt
86.25% new COVID cases in 6 states: Govt
Maharashtra, Kerala, Punjab, Karnataka, Gujarat and Tamil Nadu are the six states that cumulatively account for 86.25 per cent of the new coronavirus cases reported in the past 24 hours, the Health Ministry said on Monday. Maharashtra has reported the highest daily new cases at 11,141, followed by Kerala with 2,100 and Punjab with 1,043 new infections, the ministry said. The Centre is regularly…
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