Business Standard

Monday, December 23, 2024 | 06:57 PM ISTEN Hindi

Notification Icon
userprofile IconSearch

Page 3 - Andhra Pradesh

Andhra govt mulls next steps on Adani, if power deal can be scrapped

Andhra Pradesh's state government was digging into all the internal files from the previous administration, under which the alleged misconduct took place

Andhra govt mulls next steps on Adani, if power deal can be scrapped
Updated On : 26 Nov 2024 | 8:37 AM IST

Was kept in dark over YSRCP govt initiating SECI deal: Ex-Andhra minister

Former Andhra Pradesh Energy Minister and Janasena leader B Srinivasa Reddy on Monday said that he had no knowledge of the erstwhile YSRCP regime initiating a deal with the Solar Energy Corporation of India (SECI), which is now embroiled in an alleged international bribery scandal. Business tycoon and Adani Group chairman Gautam Adani has been charged by the US Department of Justice over his role in an alleged years-long scheme to pay USD 250 million bribe to the Indian officials in exchange for favourable terms for solar power contracts, an allegation refuted by the Indian conglomerate. The previous YSRCP regime in Andhra Pradesh is embroiled in this alleged scam with claims that government officials received bribes from the Adani Group. Reportedly, the southern state signed solar power deals with the SECI which are also allegedly connected to these allegations. I don't know that they (erstwhile YSRCP regime) spoke to SECI. They are saying that I signed the document. I didn't sign

Was kept in dark over YSRCP govt initiating SECI deal: Ex-Andhra minister
Updated On : 26 Nov 2024 | 7:44 AM IST

Will act on 'irregularities': Andhra Pradesh CM on Adani Group case

Congress demands JPC probe; BJP says DMK, BJD, YSRCP are 'close to Cong'

Will act on 'irregularities': Andhra Pradesh CM on Adani Group case
Updated On : 22 Nov 2024 | 10:58 PM IST

NGEL to invest Rs 2 trillion in Andhra for renewable energy projects

NPTC Green energy Ltd (NGEL) inked a joint venture with New and Renewable Energy Development Corporation of Andhra Pradesh (NREDCAP) on Thursday to invest Rs 1.87 lakh crore for setting up renewable energy projects in the state. The agreement inked in the presence of Chief Minister N Chandrababu Naidu, Energy Minister Gottipati Ravi Kumar and others at the secretariat will generate employment for 1.06 lakh people and garner a financial benefit of Rs 20,620 crore over 25 years for the state. "This joint venture will take a step towards making Andhra Pradesh numero uno (Number one) in energy (renewable). The state government will always be at the forefront to encourage solar, wind, pumped storage, green hydrogen and green ammonia energy projects," said Naidu in an official press release. Under the joint venture, 25 GW of solar, wind and hybrid energy projects would be set up in the state, including producing 0.5 MMTPA of green hydrogen, green ammonia and green methanol. Further, 10 G

NGEL to invest Rs 2 trillion in Andhra for renewable energy projects
Updated On : 22 Nov 2024 | 3:27 PM IST

Aim to generate 70 mn man-days: Andhra Pradesh Dy CM Pawan Kalyan

Employment opportunities in rural areas will be provided through the National Employment Scheme. Cleaning of ponds and lakes will be carried out. A total of 1.49 lakh job cards have already

Aim to generate 70 mn man-days: Andhra Pradesh Dy CM Pawan Kalyan
Updated On : 22 Nov 2024 | 12:40 PM IST

Govt urges southern states to fast-track implementation of central schemes

The Centre has urged southern states to expedite the execution of centrally-sponsored schemes (CSS), emphasising the need for timely fund allocation and proper management of single nodal accounts. Speaking at a two-day regional conference that concluded on November 19 at Visakhapatnam, Andhra Pradesh, Agriculture Secretary Devesh Chaturvedi emphasized the operationalization of SNA-SPARSH, return of unutilized balances and interest, and prompt submission of Utilization Certificates (UCs). "The Centre is very much a partner to the states and will help them ameliorate the conditions of farmers," the Secretary said while stressing the importance of state-level conferences to address region-specific agricultural challenges. Senior officials from Andhra Pradesh, Kerala, Tamil Nadu, Telangana, Karnataka and Puducherry participated in the conference to evaluate the progress of various schemes. The states were advised to finalize the annual action plan for FY 2025-26 by December to enable .

Govt urges southern states to fast-track implementation of central schemes
Updated On : 20 Nov 2024 | 8:09 PM IST

Andhra Pradesh ditches 2-child rule for polls, opens doors for big families

Andhra Pradesh scraps 2-child rule for candidates contesting local polls after 30 years, citing demographic challenges and need for inclusive governance

Andhra Pradesh ditches 2-child rule for polls, opens doors for big families
Updated On : 19 Nov 2024 | 4:56 PM IST

Andhra targets YSRCP activists, cracks down on derogatory social posts

Andhra Pradesh govt issues 680 notices, files 147 cases and arrests 49 individuals in a week over derogatory social media posts allegedly targeting the wives and daughters of TDP leaders

Andhra targets YSRCP activists, cracks down on derogatory social posts
Updated On : 14 Nov 2024 | 1:53 PM IST

RIL to invest Rs 65,000 crore in 500 CBG plants in Andhra Pradesh

Foundation for this maiden biofuel project will be laid on Dec 28, says State minister

RIL to invest Rs 65,000 crore in 500 CBG plants in Andhra Pradesh
Updated On : 12 Nov 2024 | 10:47 PM IST

Reliance Industries to invest Rs 65,000 crore in Andhra for biogas plants

The Andhra Pradesh government and Reliance Group on Tuesday signed a deal worth Rs 65,000 crore to establish 500 compressed bio-gas (CBG) plants in the state over the next three years. The agreement was inked in the presence of Chief Minister N Chandrababu Naidu, Minister for Energy Gottipati Ravi Kumar, and senior officials from Reliance Group at the state secretariat in Amaravati. Very happy to sign an MoU with Reliance. Highlights of the deal include the establishment of 500 CBG plants in the coming three years, Naidu said in a statement from the Chief Minister's Office (CMO). According to the Chief Minister, the conglomerate will invest Rs 130 crore per CBG plant, creating an estimated 2.5 lakh jobs. Naidu also highlighted that the state stands to gain Rs 57,000 crore over the next 25 years through SGST collections, electricity duty, and other revenue streams arising from this initiative.

Reliance Industries to invest Rs 65,000 crore in Andhra for biogas plants
Updated On : 12 Nov 2024 | 7:52 PM IST

Supreme Court dismisses plea to turn off 'machine' controlling man's brain

The appellant alleged that a 'human brain reading machinery' had been obtained by certain individuals at the Central Forensic Science Laboratory (CFSL) and was being used to control his brain

Supreme Court dismisses plea to turn off 'machine' controlling man's brain
Updated On : 12 Nov 2024 | 3:34 PM IST

RIL to invest Rs 65,000 crore in Andhra Pradesh for clean energy project

These projects are estimated to create 250,000 direct and indirect jobs, according to the Andhra Pradesh government

RIL to invest Rs 65,000 crore in Andhra Pradesh for clean energy project
Updated On : 12 Nov 2024 | 10:48 AM IST

Andhra Pradesh CM Naidu expresses confidence in achieving 15% growth rate

Recalling that a 13.5 per cent growth rate was achieved during the previous TDP regime, the Chief Minister expressed confidence that now 15 per cent growth rate will certainly be achieved

Andhra Pradesh CM Naidu expresses confidence in achieving 15% growth rate
Updated On : 12 Nov 2024 | 9:02 AM IST

With four months left in FY25, Andhra govt to table Budget on Monday

The Andhra Pradesh government is expected to present the state budget on Monday, during the assembly session starting tomorrow, according to official sources. The budget is expected to be presented with just over four months remaining in the FY 2024-25. The TDP-led NDA government had previously promulgated an ordinance approving a Vote-on-Account budget of Rs 1.3 lakh crore for the period from August to November. Earlier, the previous YS Jagan Mohan Reddy-led YSRCP government had presented a Vote-on-Account budget in February covering April to July, ahead of the state polls. As a result, two Vote-on-Account budgets have accounted for the majority of this financial yeareight months in total. According to the August 1 ordinance by the TDP-led government, the state opted for another Vote-on-Account budget for four months (August to November) due to the new NDA government taking office. The other constituents of the coalition government are Janasena and the BJP. Meanwhile, the Financ

With four months left in FY25, Andhra govt to table Budget on Monday
Updated On : 10 Nov 2024 | 7:36 PM IST

Drug mafia flourished under previous YSRCP regime: Andhra dy CM Kalyan

Earlier former Andhra Pradesh Chief Minister and YSRCP chief YS Jagan Mohan Reddy had dismissed any connections to the seizure of a huge consignment of narcotics at the Visakhapatnam port

Drug mafia flourished under previous YSRCP regime: Andhra dy CM Kalyan
Updated On : 09 Nov 2024 | 3:34 PM IST

Vizag man calls Kolkata 'India's dirtiest city', triggers online debate

A man from Visakhapatnam has started a discussion on the internet after describing Kolkata as "India's dirtiest city" in a post on his trip there on X. His social media post sparked a debate

Vizag man calls Kolkata 'India's dirtiest city', triggers online debate
Updated On : 07 Nov 2024 | 5:57 PM IST

Telugu woman will serve as US Second Lady for first time: Andhra CM Naidu

Andhra Pradesh Chief Minister N Chandrababu Naidu on Wednesday hailed US Vice President elect-JD Vance's victory in the presidential election as a historic moment as it will catapult a woman of Telugu heritage, Usha Chilukuri Vance, as the Second Lady of the United States. Usha is the wife of JD Vance and her family's ancestral village Vadluru is located near famous Godavari town Tanuku in the lush green West Godavari district, about 35 km from district headquarters Bhimavaram. With the Trump-Vance victory on Wednesday, Usha, 38, is set to become America's Second Lady --- the first Indian-American in that role. I would also like to extend my heartfelt congratulations to JD Vance, on becoming the US Vice President-elect. His victory marks a historic moment, as Usha Vance, who has roots in Andhra Pradesh, will become the first woman of Telugu heritage to serve as the second lady of the US, said Naidu in a post on X. Calling this a moment of pride for the Telugu community around the .

Telugu woman will serve as US Second Lady for first time: Andhra CM Naidu
Updated On : 07 Nov 2024 | 7:52 AM IST

News updates: Modi govt committed to building terror-free India, says Amit Shah

Catch all the latest updates from across the globe here

News updates: Modi govt committed to building terror-free India, says Amit Shah
Updated On : 06 Nov 2024 | 11:49 PM IST

Andhra drone policy should be best in country: CM Chandrababu to officials

Andhra Pradesh Chief Minister N Chandrababu Naidu on Tuesday asked officials to ensure that the drone policy the state is drafting is the best in the country. The chief minister reviewed the policy for 2024-29 which entails the goals of the Andhra Pradesh Drone Corporation over the next five years. "The drone policy being drafted by our state should be the best in the country. Ensure that Andhra Pradesh emerges as the best centre for the drone industry in the country," Naidu said in a statement. Offering attractive incentives, Naidu said drone manufacturers should be roped into the southern state to make investments. He called on the officials to develop Orvakal in Kurnool district as a drone manufacturing hub. The CM observed that drones should be used by government departments as much as possible, and called for the development of Amaravati as the drone capital of the country. Besides the drone policy, Naidu also gave directions for the Andhra Pradesh Data Centre Policy 4.0 ...

Andhra drone policy should be best in country: CM Chandrababu to officials
Updated On : 06 Nov 2024 | 8:31 AM IST

Finmin starts phase 4 of RRB consolidation, number to fall from 43 to 28

In a bid to achieve operational efficiency and cost rationalisation, the Finance Ministry has initiated the fourth round of consolidation for Regional Rural Banks (RRBs) and the number of such banks is likely to come down to 28 from 43 at present. As per the roadmap prepared by the Finance Ministry, 15 RRBs operating in various states would be merged. Among states that will see consolidation of RRBs include Andhra Pradesh, which has the maximum number of RRBs (4), Uttar Pradesh and West Bengal (3 each), and Bihar, Gujarat, Jammu & Kashmir, Karnataka, Madhya Pradesh, Maharashtra, Odisha and Rajasthan (2 each). In the case of Telangana, the amalgamation of RRBs will be subject to bifurcation of assets and liabilities of Andhra Pradesh Grameena Vikas Bank (APGVB) between APGVB and Telangana Grameena Bank. "Given the rural expansion of RRBs and agro-climatic or geographical ethos and in order to retain the USP of RRBs viz the closeness to communities, it is the felt need to embark on .

Finmin starts phase 4 of RRB consolidation, number to fall from 43 to 28
Updated On : 05 Nov 2024 | 1:21 PM IST