On September 20, 2024, PM Modi visited Maharashtra to inaugurate key infrastructure projects designed to boost regional development and improve connectivity.
On September 20, 2024, Prime Minister Narendra Modi visited Maharashtra to inaugurate several key infrastructure projects aimed at accelerating the state’s development. The projects include new highways, bridges, and urban development initiatives designed to improve connectivity and boost economic growth. During the visit, PM Modi emphasized the importance of infrastructure in enhancing the quality of life for citizens and driving India’s economic progress. These projects are expected to facilitate smoother transportation, reduce travel times, and create new opportunities for businesses and industries in Maharashtra, making it a crucial step in the state’s ongoing modernization efforts.
The visit reflects the government's focus on improving Maharashtra’s infrastructure to strengthen the state’s economic position.
PM Modi interacted with local leaders and emphasized the importance of public participation in development initiatives.
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CM Eknath Shinde Inaugurates 27th National Conference on e-Governance in Mumbai.
Maharashtra Chief Minister Eknath Shinde inaugurated the 27th National Conference on e-Governance in Mumbai. The two-day event is aimed at discussing the latest advancements and challenges in the field of e-governance in India. Experts, policymakers, and industry leaders from across the country are participating in the conference to explore ways to enhance digital governance and improve service delivery to citizens. CM Shinde emphasized the importance of digital transformation in governance, highlighting its role in making administration more transparent and efficient. He also praised the state's initiatives towards achieving these goals through technology.
The conference emphasized digital innovation and showcased successful e-governance projects from various Indian states.
Several states presented their successful e-governance projects, showcasing how technology is transforming public service delivery across India.
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On 30th August 2024, Prime Minister Modi visited Maharashtra and Rajasthan, with the primary objective of inaugurating infrastructure projects.
On 30th August 2024, Prime Minister Narendra Modi visited Maharashtra and Rajasthan to inaugurate several key infrastructure projects. In Maharashtra, he launched projects focused on improving transportation and urban development, aimed at enhancing regional connectivity and economic growth. In Rajasthan, PM Modi inaugurated an irrigation project designed to support farmers and boost agricultural productivity. He also addressed public rallies in both states, where he highlighted the government's efforts to promote rural development and ensure sustainable water management. The visit emphasized the importance of infrastructure in driving progress and improving the quality of life for citizens.
PM Modi praised the states' rapid development, emphasizing the role of infrastructure in regional progress.
The inaugurated projects are expected to create job opportunities and improve living standards in both states.
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New Plant Species Cleistanthus deekshabhoomiana Discovered in Maharashtra"
A new plant species, Cleistanthus deekshabhoomiana, has been discovered in Maharashtra. This species, named after the Deekshabhoomi site where it was found, belongs to the Euphorbiaceae family. The discovery was made by a team of botanists during a field study in the region's diverse ecosystems. Cleistanthus deekshabhoomiana is notable for its unique floral characteristics and habitat preferences, which differ from other known species in the genus. This finding highlights the rich biodiversity of Maharashtra and underscores the importance of continued exploration and conservation efforts to protect these newly identified species.
Cleistanthus deekshabhoomiana was found in a previously unexplored region of Maharashtra, increasing our understanding of local flora.
The discovery emphasizes the need for ongoing research to identify and protect lesser-known plant species in India.
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"On August 25, 2024, PM Modi inaugurated infrastructure projects in Maharashtra and addressed agricultural and water conservation issues in Rajasthan."
On August 25, 2024, Prime Minister Narendra Modi undertook a crucial visit to Maharashtra and Rajasthan. In Maharashtra, he inaugurated several key infrastructure projects, including a major road network expansion and a new industrial park, aimed at stimulating regional development. Following this, Modi traveled to Rajasthan, where he addressed a large public gathering. He emphasized the central government's dedication to advancing agricultural practices and improving water conservation efforts in the state. The visit underscored the government's commitment to enhancing economic opportunities and infrastructural progress in both states, reflecting a focus on regional development and public welfare.
Modi’s visit highlights government efforts to enhance regional infrastructure and support local economic growth in Maharashtra and Rajasthan.
The Prime Minister’s focus on sustainable agricultural practices and water management aims to address critical issues in Rajasthan.
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Ministry of Ports, Shipping, and Waterways(MoPSW) 's Minister Sarbananda Sonowal Launches Major Sustainability Initiative at JN Port in Maharashtra.
Sarbananda Sonowal, Minister of Ports, Shipping, and Waterways (MoPSW), has launched a major sustainability initiative at the Jawaharlal Nehru Port (JN Port) in Maharashtra. The project aims to enhance the port’s environmental performance by implementing advanced technologies and practices. Key aspects of the initiative include reducing carbon emissions, improving waste management, and promoting the use of renewable energy sources. This move aligns with the government’s broader efforts to promote sustainable development in the maritime sector and bolster India’s commitment to environmental protection. The project is expected to set a benchmark for other ports in the region.
The initiative includes upgrading port infrastructure to support eco-friendly practices and reduce environmental impact.
Collaboration with industry experts is a key aspect to ensure effective implementation and monitoring of sustainability goals.
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India and ADB Sign $500 Million Loan Agreement to Enhance Tertiary Health Care and Medical Education in Maharashtra.
India and the Asian Development Bank (ADB) have signed a $500 million loan agreement aimed at improving tertiary health care and medical education in Maharashtra. The agreement will fund upgrades to health facilities, including new hospitals and advanced medical equipment, and enhance medical training programs to address the region’s healthcare needs. This initiative is expected to bolster the quality of healthcare services and medical education, providing better resources and training for healthcare professionals. The project is part of a broader effort to strengthen India's healthcare infrastructure and ensure more effective and accessible medical care across the state.
The loan will support the development of advanced diagnostic facilities and specialized medical training programs in Maharashtra.
The project aims to address healthcare disparities and improve overall health outcomes for the population in the state.
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RBI Imposes Monetary Penalties on Bank of Maharashtra, Hinduja Leyland Finance, and Poonawalla Fincorp.
The Reserve Bank of India (RBI) has imposed monetary penalties on three financial entities: Bank of Maharashtra, Hinduja Leyland Finance, and Poonawalla Fincorp. The penalty on Bank of Maharashtra was due to non-compliance with certain regulatory norms, while Hinduja Leyland Finance faced fines for deficiencies in its internal processes. Poonawalla Fincorp was penalized for failing to adhere to customer service and operational guidelines. These actions underscore the RBI’s commitment to ensuring compliance with financial regulations and maintaining the integrity of the banking and finance sectors.
RBI's penalties reflect increased scrutiny and enforcement to ensure financial institutions adhere to regulatory standards.
Financial entities must improve internal controls to avoid penalties and maintain regulatory compliance.
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Maharashtra Government Announces Official Launch of Mukhyamantri Majhi Ladki Bahin Yojna.
The Maharashtra government has officially launched the Mukhyamantri Majhi Ladki Bahin Yojna. This new initiative aims to support and empower young women in the state. Under the scheme, eligible beneficiaries will receive various forms of assistance, including educational support, financial aid, and skill development programs. The government hopes that this scheme will improve opportunities for women, enhance their overall well-being, and contribute to their personal and professional growth. The announcement was made during a press conference where officials highlighted the program's goals and the positive impact it is expected to have on the lives of young women.
The scheme includes career counseling and job placement assistance to help women transition from education to employment.
Beneficiaries will receive mentorship from industry experts to enhance their skills and career prospects.
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Maharashtra Declares Rock Arts in Ratnagiri as Protected Monuments.
Maharashtra has officially declared the rock arts in Ratnagiri as protected monuments. This decision aims to preserve and safeguard these ancient petroglyphs and geoglyphs, which hold significant cultural and historical value. The rock art, featuring intricate designs and symbols, offers insights into the region's prehistoric past. The declaration will ensure that these artworks are maintained, protected from vandalism, and accessible for research and education. The move reflects the state's commitment to preserving its rich heritage and promoting awareness about the historical significance of these artistic treasures.
The declaration includes legal protection against damage or unauthorized access to the rock art sites.
Local communities will be involved in the conservation and promotion of the rock arts to enhance tourism.
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RBI penalized Bank of Maharashtra with Rs 1.27 crore for breaching directives like Know Your Customer(KYC).
The Reserve Bank on Friday said it has imposed a penalty of Rs 1.27 crore on Bank of Maharashtra (BoM) for violating its directions, including on Know Your Customer. The Reserve Bank of India (RBI) has, by an order dated August 8, 2024, imposed a monetary penalty of Rs 1.27 crore on Bank of Maharashtra for non-compliance with certain directions issued by RBI on 'Loan System for Delivery of Bank Credit', 'Cyber Security Framework in Banks' and 'Know Your Customer', the central bank said in a statement.
The penalty is for breaching regulatory directives, including lapses in Know Your Customer (KYC) compliance.
This fine reflects the RBI's enforcement of compliance standards and the consequences for banks failing to meet regulatory requirements.
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New Flowering Plant Species Ceropegia shivarayina Discovered in Maharashtra.
A new flowering plant species, Ceropegia shivarayina, has been discovered in Maharashtra. This unique species, identified in the region's biodiversity hotspot, exhibits distinct floral characteristics that set it apart from other species in the Ceropegia genus. Researchers are excited about this discovery as it highlights the rich, unexplored plant diversity in Maharashtra. The new species is named in honor of the region's natural heritage and will contribute valuable information to botanical studies and conservation efforts. This finding underscores the importance of continued exploration and preservation of India's plant biodiversity.
Ceropegia shivarayina shows unique adaptations to its environment, highlighting the ecological richness of Maharashtra's flora.
The discovery of Ceropegia shivarayina emphasizes the need for ongoing research to protect endangered plant species.
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Maharashtra CM Launches ‘Ladka Bhau’ Job Training Scheme.
Maharashtra Chief Minister Eknath Shinde announced a job training and stipend scheme for youth, tentatively named ‘Ladka Bhau’ Yojana, days after it introduced a monthly financial assistance scheme for eligible women. He declared broad features of the new scheme, primarily targeting men, at Pandharpur in Solapur district on the occasion of Ashadhi Ekadashi.
The ‘Ladka Bhau’ scheme aims to provide job training and financial support specifically targeting young men.
The announcement was made during the Ashadhi Ekadashi festival in Pandharpur, highlighting the scheme’s significance.
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Camlin founder Subhash Dandekar passes away.
Subhash Dandekar, the founder of iconic stationery brand Camlin died on Monday at the age of 86, PTI reported. He was serving as the chairman emeritus of Kokuyo Camlin after selling the brand to Japanese giant Kokuyo.Maharashtra deputy chief minister Devendra Fadnavis posted on X,"With the death of senior entrepreneur Subhash Dandekar, who set up Camlin industry, we have lost the grandfather figure who brought fame to the Marathi industry world.
Subhash Dandekar revolutionized the stationery industry in India, leaving behind a legacy of innovation and leadership.
His contribution to Kokuyo Camlin as chairman emeritus underscored his enduring influence on the brand's growth.
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Maharashtra 's Chief Minister Majhi Ladki Bahin Yojana will provide support of ₹ 1,500 per month.
In a move aimed at empowering women, Maharashtra Deputy Chief Minister and NCP chief Ajit Pawar announced the launch of the 'Mukhyamantri Majhi Ladki Bahin' (CM My Beloved Sister) scheme.This initiative, unveiled during the presentation of the state Budget at the Maharashtra Assembly, will provide all women aged between 21 and 60 years in the state with a monthly allowance of ₹1,500 starting from July 2024.
Aimed at economic empowerment, the scheme benefits women aged 21-60 with ₹1,500 monthly support starting July 2024.
Maharashtra's Deputy CM Ajit Pawar launched 'Mukhyamantri Majhi Ladki Bahin' scheme for women's empowerment in Budget 2024.
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"Government Releases Rs 100 Commemorative Coin in Memory of Lokmat Founder Jawaharlal Darda.
The Government of India has released a commemorative coin worth Rs 100 in honor of Jawaharlal Darda, the founder of Lokmat Media Group. This gesture marks the contributions of Darda, who played a pivotal role in shaping the landscape of journalism in Maharashtra. The coin serves as a tribute to his legacy and enduring impact on media and society.
The release of the commemorative coin reflects the government's acknowledgment of Jawaharlal Darda's role in shaping the media landscape, particularly in Maharashtra.
The coin is expected to become a collector's item among numismatists and individuals interested in Indian history and media milestones.
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Samarth Mhakave of Maharashtra Secures Silver at Under-17 Asian Wrestling Championship.
Indian Wrestler from Kolhapur, Maharashtra, Samarth Mhakave (16) won a silver medal in the 55 kg weight category in the Asian Wrestling Championship. He was representing India at the Greco-Roman Under-17 Asian Wrestling Championship which was held in Jordan from 22nd to 30th June 2024. This was his first official international wrestling tournament. Samarth faced Uzbekistan's Sardor Kholmurzaev in a closely contested final. Despite a hard-fought match, Samarth secured a score of 6-4 and won second place.
Samarth Mhakave's victory marks a promising debut in international wrestling championships.
Samarth Mhakave's silver medal win highlights India's rising prowess in junior wrestling.
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Maharashtra Governor releases book titled ‘Gateways to the Sea.
The Governor of Maharashtra Shri Ramesh Bais released a book titled 'Gateways to the Sea: Historic Ports and Docks of Mumbai Region' at Raj Bhavan Mumbai on June 22, 2024 (Saturday). The book has been published by the Publications Division, Ministry of Information and Broadcasting, Government of India. It comprises of 18 articles by renowned authors, compiled by the Maritime Mumbai Museum Society (MMMS).
The publication of this book is an important milestone in creating awareness about the ancient ports stated above and it also covers the development of modern ports and docks of Mumbai including Mazagon Dock, Mumbai Port, Bombay Dock, Sassoon Dock and Ferry Wharf also known as Bhaucha Dhakka.
The President of the Maritime Mumbai Museum Society Captain KD Bahl, Vice Admiral (Retd) Indrasheel Rao, Editor Dr Shefali Shah, Vice President Anita Yewale, Deputy Director of Publications Division Sangeeta Godbole and the contributing writers were present in the function.
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RBI Cancels City Co-operative Bank's Licence Over Inadequate Capital.
The Reserve Bank on Wednesday cancelled the licence of The City Co-operative Bank, Maharashtra for lacking adequate capital and earning prospects. The Commissioner for Cooperation and Registrar of Cooperative Societies, Maharashtra has also been asked to issue an order for winding up the bank and appoint a liquidator, RBI said. According to RBI, the cooperative bank ceases to carry on banking operations with effect from the close of business hours on June 19, 2024. On liquidation, every depositor would be entitled to receive deposit insurance claim amount of his/her deposits up to a monetary ceiling of Rs 5 lakh only from Deposit Insurance and Credit Guarantee Corporation (DICGC).
Giving details, RBI said the Mumbai-based cooperative bank does not have adequate capital and earning prospects.
Consequent to the cancellation of its licence, The City Co-operative Bank has been prohibited from conducting the business of 'banking' which includes, among other things, acceptance of deposits and repayment of deposits.
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Siddhesh Sakore, Farmer From Maharashtra, Named Land Hero By UN Agency.
Siddhesh Sakore, a farmer and the founder of AGRO RANGERS, from Maharashtra, has been named Land Hero by the United Nations Convention to Combat Desertification (UNCCD). On the occasion of World Desertification and Drought Day, the UNCCD announced the names of 10 Land Heroes in a programme in Bonn, Germany, on Sunday. Apart from Siddhesh Sakore, other Land Heroes are from Brazil, Costa Rica, Germany, Mali, Moldova, Morocco, the Philippines, the US, and Zimbabwe.
On the occasion of World Desertification and Drought Day, the UNCCD announced the names of 10 Land Heroes in a programme in Bonn, Germany, on Sunday.
Engaging youth in land restoration can create the estimated 600 million jobs needed in the next 15 years, contributing to both economic growth and environmental sustainability, it added.
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Kedar retires from all forms of cricket in middle of MPL.
Jadhav made his One Day International (ODI) debut for India on November 16, 2014, against Sri Lanka, and his T20I debut against Zimbabwe on July 17, 2015. An attacking middle-order batsman and a handy off-spinner, Jadhav represented Maharashtra in 87 First-Class games, scoring 6100 runs with 17 centuries and 23 fifties.
India international Kedar Jadhav on Monday announced his retirement from all forms of cricket.
In India colours, the 39-year-old amassed 1389 runs at an average of 42.09 with two centuries and six half tons.
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Bank of Maharashtra Nurturing Agri-Innovation with its Maha Krishi Samrudhi Yojana (MKSY) Scheme.
India is a nation where agriculture forms the backbone of the economy and the quest for a robust support system for farmers and agro-based industries is utmost essential. Recognizing this, Bank of Maharashtra presents an effective solution: the Maha Krishi Samrudhi Yojana (MKSY), providing financial assistance to Food and Agro-Based industries, Agri Infrastructure Projects engaged in processing activities and to create Agriculture Infrastructure facilities under Agriculture.
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Bank of Maharashtra Leads Public Sector Banks in Business Growth for FY24 .
State-owned Bank of Maharashtra (BoM) emerged as the top performer among public sector banks (PSBs) in FY24, recording the highest growth rate in total business and deposit mobilisation. This achievement comes amid a challenging environment where many banks are struggling to achieve double-digit growth. Despite BoM’s impressive percentage growth, SBI’s total business in absolute terms was significantly higher at Rs 79,52,784 crore, compared to BoM’s Rs 4,74,411 crore.
BoM, headquartered in Pune, posted a 15.94 per cent rise in its total domestic business, outpacing all other PSBs.
The State Bank of India (SBI), the nation’s largest lender, followed with a 13.12 per cent growth.
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Renowned Urdu litterateur and academician, Shaikh Abdussalam Abdurrazzaq, famous by his pseudonym Salam Bin Razzaq, passed away at his residence in Navi Mumbai.
Renowned Urdu litterateur and academician, Shaikh Abdussalam Abdurrazzaq, famous by his pseudonym Salam Bin Razzaq, passed away at his residence in Navi Mumbai. Razzaq won the prestigious Sahitya Akademi Award for Urdu literature for his acclaimed short stories collection, ‘Shikasta Buton Ke Darmiyan’, in 2004. Over his long literary career spanning more than six decades, Razzaq was decorated with honours like the Sahitya Akademi Award, Ghalib Award, Maharashtra Urdu Sahitya Akademi Award, and many more.
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Anandana, The Coca-Cola India Foundation, announces its first ever partnership with Hockey India, for the National Women's Hockey League 2024-25.
Anandana, The Coca-Cola India Foundation, announces its first ever partnership with Hockey India, for the National Women's Hockey League 2024-25. The 1st Phase of the tournament commenced on 30th April, and it will conclude on 9thMay 2024, in Ranchi, Jharkhand. The National Women's Hockey League features teams that secured top-eight positions in Pune's recently concluded 14thHockey India Senior Women National Championship 2024. The participating athletes represent various states, including Haryana, Maharashtra, Jharkhand, Madhya Pradesh, Bengal, Mizoram, Manipur, and Odisha.
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IndusInd Bank has become the first bank to successfully execute RBI’s programmable CBDC pilot in an exchange filing.
IndusInd Bank has become the first bank to successfully execute RBI’s programmable CBDC pilot in an exchange filing. The pilot project is being carried out in partnership with Circularity Innovation Hub India Private Limited (CIH) as a substitute for CBDC, allowing the Bank to plan how money would be used in the end and provide it to farmers instead of producing carbon credits. IndusInd Bank launched the programmable CBDC payout to 50 farmers in the Ratnagiri area of Maharashtra as part of this trial, and it will eventually cover about 1000 farmers. This is a major step forward in the adoption of creative financial solutions for the agriculture industry. As part of this project, IndusInd Bank is creating digital wallets and overseeing CBDC transfers.
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The International Society for Krishna Consciousness (ISKCON) and the National Skill Development Corporation (NSDC) signed a MoU to empower tribal and underprivileged youth across India.
The International Society for Krishna Consciousness (ISKCON) and the National Skill Development Corporation (NSDC) signed a MoU to empower tribal and underprivileged youth across India. The alliance intends to give vocational training to underprivileged people in Uttar Pradesh, Maharashtra, Rajasthan, Gujarat, and Madhya Pradesh. Short-term courses with industry-recognized certificates will be offered through the Skill India Digital Hub platform as part of this strategic cooperation. The purpose is to improve employability and provide trained persons with access to both domestic and foreign career prospects, which NSDC foreign will support.
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CelerityX, the enterprise networking solutions division of OneOTT Intertainment Ltd (OIL) and a subsidiary of Hinduja Global Solutions Limited, has introduced its latest innovation – OneX.
CelerityX, the enterprise networking solutions division of OneOTT Intertainment Ltd (OIL) and a subsidiary of Hinduja Global Solutions Limited, has introduced its latest innovation – OneX. As a start, it also announced deployment of OneX to tackle the connectivity challenges faced by cooperative credit societies in Maharashtra. Through a strategic partnership with Maharashtra State Cooperative Credit Societies Federation (MAFCOCS), it aims to enable secure and high uptime banking connectivity for over 40,000 branches in the state, with the potential to serve over 100,000 branches nationwide.
CelerityX has received its first order from Samta Sahakari Patasanstha for its branches in Maharashtra.
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SIDBI signed a MOU With Jeevika Bihar & UMED Maharashtra To Extend Prayaas Scheme To State Rural Livelihood Missions.
Small Industries Development Bank of India (SIDBI) in association with Women’s World Banking (WWB) signed an MoU with Jeevika, Bihar State Rural Livelihoods Mission (SRLM) & UMED, Maharashtra-SRLM to extend Prayaas scheme to SHG Individual Women through Cluster Level Federations (CLF). This partnership will help in unlocking the potential of Cluster Level Federations and will establish a new and scalable credit distribution ecosystem. SIDBI in the pilot phase will partner 35-40 CLFs across Bihar and Maharashtra with a target of serving affordable credit of up to `2 lakhs to 5,000 Women Entrepreneurs. It is supported by a grant from MetLife Foundation as part of its commitment to fostering inclusive economic mobility for underserved and underrepresented communities.
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RECPDCL has handed over two project-specific SPVs namely 'Kallam Transco Limited' and 'Jalpura Khurja Power Transmission Limited', to Tata Power.
REC Power Development and Consultancy Limited (RECPDCL) has handed over two project-specific Special Purpose Vehicles (SPVs) namely 'Kallam Transco Limited' and 'Jalpura Khurja Power Transmission Limited' formed for implementation of two power transmission projects. An SPV Kallam Transco Limited has been formed for “Western Region Network Expansion Scheme in Kallam area of Maharashtra”, an Inter State Transmission Project of Ministry of Power, Government of India. The SPV has been handed over to M/s Indigrid 2 Limited & Indigrid 1 Limited (Consortium), the successful bidder. Jalpura Khurja Power Transmission Limited has been formed for “Construction of 400/220 kV, 2×500 MVA GIS substation Metro Depot with associated lines and 400/220 kV, 2×500 MVA GIS substation Jalpura”, an Intra-state project of Government of Uttar Pradesh. The SPV has been handed over to M/s The Tata Power Company Limited, the successful bidder.
REC Power Development and Consultancy Limited, RECPDCL, a wholly owned subsidiary of REC Limited, has been providing knowledge-based consultancy and expert project implementation services to more than 50 State power distribution companies and Power Departments of States.
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The sitars and tanpuras of Miraj, a small town in Maharashtra’s Sangli district have been awarded the coveted GI tags.
The sitars and tanpuras of Miraj, a small town in Maharashtra’s Sangli district known for its craftsmanship in making musical instruments, have been awarded the coveted GI tags. These instruments made in Miraj are much in demand among some of the prominent artistes, including those renowned in the field of classical music as well as film industry. The Miraj Musical Instruments Cluster functions as the apex body for both the sitar and tanpura makers in the town. Kathiya Gehu (wheat) from the Bundelkhand region in Uttar Pradesh has received the first GI tag for a farm produce in the area. Kathiya wheat, also known as Durum wheat, is indigenous to the region and is rich in nutrition.
The GI tag denotes the product comes from a particular geographical area, and often enhances its commercial value.
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