Hd Kumaraswamy

Kumaraswamy announces Rs 15,000 cr revival plan for Visvesvaraya factory

Union Minister for Heavy Industries and Steel, H D Kumaraswamy, announced on Sunday plans to revive the Sir M Visvesvaraya Iron and Steel Factory in Bhadravati with an estimated investment of Rs 15,000 crore. Speaking at the 87th All India Kannada Literary Conference in Mandya, the Minister stated that this decision aligns with the Modi government's efforts to address unemployment and focus on industrial growth in Karnataka. The Minister highlighted the historical significance of the Bhadravati factory, established under Mysuru Maharaja Nalvadi Krishnaraja Wadiyar and Bharat Ratna Sir M Visvesvaraya. Once a source of employment for thousands and a livelihood for lakhs, Kumaraswamy expressed confidence that the glorious days of the steel factory would soon return. "Prime Minister Narendra Modi has entrusted me with the critical responsibilities of the Heavy Industries and Steel portfolios. I am working diligently to ensure these responsibilities benefit Karnataka," said ...

Govt considering proposal to impose safeguard duty on steel imports

The government is considering a proposal to impose safeguard duty on steel imports, Union Steel Minister H D Kumaraswamy said on Thursday. "The process is going" on the ministry's proposal to impose a 25 per cent duty on steel imports, Kumaraswamy told PTI on the sidelines of an event here. On December 2, the steel ministry in a meeting with the commerce department had proposed for a 25 per cent safeguard duty on certain steel products imported into the country. The steel minister and Commerce and Industry Minister Piyush Goyal were present in the meeting. A final call on imposing the duty can be taken by the finance ministry on recommendations of the ministry of commerce. Domestic steel players have been consistently raising concerns over increasing cheap imports of steel from select nations, affecting their competitiveness. Steel Secretary Sandeep Poundrik last month said more than 60 per cent of steel imports come from FTA (free trade agreement) countries at nil duty and any du

Steelmakers need to collaborate with IISc, IITs to boost industry: Minister

Union Steel Minister H D Kumaraswamy has said that steelmakers need to collaborate with leading institutions like Indian Institute of Science (IISc) and IITs for research to create a globally-competitive and technologically-advanced steel industry. He said India's steel sector stands as the backbone of its industrial strength and a cornerstone of nation-building. "From skyscrapers to highways, railways to defence, steel powers our progress and fuels our ambitions." Speaking on the occasion of the National Metallurgists Awards ceremony here on Wednesday, he said: "To create a globally-competitive and technologically-advanced steel industry, our steelmakers need to collaborate with leading institutions like IISc and IITs (Indian Institutes of Technology) for research." Specialty steel, Kumaraswamy said, is also a crucial sector where research and innovation is the need of the hour. The Minister said that under the leadership Prime Minister Narendra Modi, the country is on a path t

Govt working to address issues related to steel imports: Kumaraswamy

The government is working to address the issues related to steel imports, Union Steel Minister H D Kumaraswamy said on Tuesday. The industry has apprised the ministry and it is aware of the issue, Kumaraswamy told PTI on the sidelines FICCI's Conference on 'Electric Vehicles Accelerating E-mobility: Enablers and Imperative'. "Some issues are there. They (steel players) are telling some substandard material is getting imported from some countries. For that we are working," he said. Domestic steel players have been consistently raising their concerns over rising cheap steel imports from select nations, affecting their competitiveness. Steel imports have risen by nearly 50 per cent in the first six months of FY25 compared to the same period last year, with China being the largest contributor, BigMint CEO Dhruv Goel said. "This surge is primarily driven by increased Chinese steel exports due to slowing domestic demand there. China's exports are projected to surpass 100 million tonnes

Large-scale industry to be set up near Channapatna, Ramanagara: Kumaraswamy

Kumaraswamy also criticized the stalled Rs 97 crore Underground Drainage (UGD) project in Channapatna, accusing Congress leaders of delaying tenders for two years due to personal interests

Kumaraswamy sheds tears during polls, vanishes when people cry: Shivakumar

Speaking to reporters at Mangaluru airport, he questioned, 'Tears well up in Kumaraswamy's eyes only during elections, where was he when the people of Kanakapura were in pain and tears?'

Mining case: Complaint against me politically motivated, says Kumaraswamy

He said that investigations regarding mining cases against him have been ongoing for 12 years

PM E-DRIVE to boost electric vehicle adoption, says H D Kumaraswamy

FAME-II proved to be financially successful, with approximately 93 per cent of targeted vehicles incentivized and 92 per cent of the allocated funds utilised, Kumaraswamy said

Can democracy be preserved through human chain? Kumaraswamy asks Congress

JD(S) leader and Union Minister H D Kumaraswamy on Monday took a dig at the Congress government in Karnataka for hoarding a massive human chain in the name of democracy, while questioning the delay over holding the polls to local bodies, which are "fundamental pillars of democracy". He urged the government to announce elections for local bodies. Karnataka government on Sunday marked the 'International Day of Democracy' by forming a 'historic' 2,500-km-long human chain across the state, as a symbol of equality, unity, fraternity, and participative governance. "In the guise of promoting human welfare you (government) formed a human chain. The Congress government in Karnataka shows no concern for democracy. If they did, they would first conduct elections for local bodies. Since coming to power, they have not conducted elections for the fundamental pillars of democracy -- the zilla and taluk panchayat and the BBMP (Bruhat Bengaluru Mahanagara Palike). Why?," Kumaraswamy questioned in a

Received proposals worth Rs 75k cr under auto PLI scheme: Kumaraswamy

The government has received investment proposals worth around Rs 75,000 crore under the auto PLI scheme of which close to Rs 18,000 crore has already been invested, Union heavy industries minister H D Kumaraswamy said on Tuesday. Speaking at the 64th Annual SIAM convention here, the minister said the scheme has helped create around 30,000 jobs in the country. "Since its launch, the scheme (Auto PLI) has been instrumental in attracting Rs 74,850 crore in proposed investments. Of this Rs 17,896 crore has been actually invested by March 2024," Kumaraswamy said. He noted that in order to ensure continuous growth in electric mobility, the ministry is now focusing on charging infrastructure. "While developing the charging infrastructure, we are conscious that integrating this infrastructure with renewable energy sources is essential for maximising the environmental benefits of electric mobility," the minister said. He noted that the government and the industry need to make dedicated eff

Electric Mobility Promotion Scheme 2024 to be extended: HD Kumaraswamy

The Electric Mobility Promotion Scheme 2024, that provides incentives to electric two-wheelers and three-wheelers, will be extended till FAME III is finalised, Union Minister HD Kumaraswamy said on Monday. Speaking at the sidelines of the annual session of Automotive Components Manufacturers Association (ACMA), Kumaraswamy, the Minister of Heavy Industries said it will take some more time to finalise the third phase of the 'Faster Adoption and Manufacturing of (Hybrid and) Electric Vehicle' (FAME) scheme. "It will be extended for another one or two months," he said when asked if the Electric Mobility Promotion Scheme (EMPS), which is coming to an end this month, would be extended. Asking the industry not to panic, he said "it will be extended till the FAME-III is announced." The EMPS was launched in April and was extended till September 30. It was announced in March this year, to be applicable from April 1 to July 31, with an outlay of Rs 500 crore. Later it was extended till ...

Substantial subsidies for electric vehicles are no longer required: Gadkari

At the BNEF Summit, Union Minister Nitin Gadkari highlighted the lower GST rates on electric vehicles compared to those on petrol and diesel vehicles

Kumaraswamy hails CPSEs for contributing to Chandrayaan-3 on Space Day

As the country celebrated its first ever National Space Day commemorating the soft landing of ISRO's Chandrayaan-3 on the lunar surface on Friday, Union Minister for Steel and Heavy Industries H D Kumaraswamy recalled the contributions of four Central Public Sector Enterprises (CPSE) in making India's lunar mission a success. The union minister said these CPSEs under his ministry had proudly contributed to achieving the milestone. "Four CPSEs under MHIInstrumentation Ltd. (IL), FCRI, Bharat Heavy Electricals Ltd. (BHEL), and Hindustan Machine Tools (HMT)supplied essential products that were integral to the success of Chandrayaan-3," Kumaraswamy said in a post on 'X'. He also said that the National Space Day celebration is a testament to the dedication and hard work of ISRO's scientists and engineers, and the collaborative efforts of our nation's industries. On this day a year ago, India achieved a major feat in its Space programme when its Chandrayaan-3 made a soft landing on the .

HD Kumaraswamy discharged from hospital after admitted for nose bleeding

Kumarswamy was seen trying to block his nostrils with a piece of cloth. His shirt was drenched in blood when he was at the press conference

Govt reconstitutes NITI Aayog; new ministers join as members, spl invitees

The vice chairman and full-time members of the apex public policy think tank remain unchanged

FAME-III to be implemented soon, final plan ready: HD Kumaraswamy

The second phase of the ambitious Rs 11,500 crore scheme ended on March 31. The scheme incentivised more than 1.6 million vehicles since its launch in April 2019

Union minister HD Kumaraswamy assures support to RINL steel plant in Vizag

Union Steel and Heavy Industries Minister H D Kumaraswamy on Thursday visited the Rashtriya Ispat Nigam Ltd (RINL) here and assured all possible assistance to it. Addressing employees and trade unions' representatives, the Minister sought to assuage their concerns about potential closure of the plant and promised that its production would continue at 100 per cent capacity. He was accompanied by the Minister of State (MoS) for Steel and Heavy Industries, B Srinivasa Varma. the RINL family should not panic about the closure of the plant with the blessings and support of Prime Minister (Narendra Modi), RINL's production will reach 100 percent capacity of the plant permanently, said an official press release from the steel plant. The Union Minister noted that RINL or Vizag Steel Plant (VSP) will help improve India's GDP. Later, in a post on X, Kumaraswamy said, I personally visited and inspected the Vizag Steel factory in VisakhapatnamDuring my visit, I toured various sections of the

Will work to fulfill semiconductor initiatives of PM Modi: Kumaraswamy

Lauding Prime Minister Narendra Modi's semiconductor-related initiatives, Union Heavy Industries and Steel Minister H D Kumaraswamy on Saturday said he will work towards fulfilling them through his ministry. His remark comes a day after he reportedly raised questions about the US-based semiconductor manufacturer potentially receiving Rs 3.2 crore subsidy for every job it creates in Gujarat. "Semiconductor is a strategic industry. It is a basic requirement for electronics and automobile manufacturing. Both these sectors generate lots of employment. I greatly appreciate the semiconductor-related initiatives taken by @PMOIndia and will work towards fulfilling them through my ministry," Kumaraswamy posted on 'X'. Later, addressing reporters here, the JD(S) leader stressed on the need for creating more jobs along with attracting investments to the country. "Why has our PM given me this big portfolio? Why he has confidence in me? It is a big responsibility that the PM has given me. My wo

Ex-Karnataka CM HD Kumaraswamy becomes heavy industries and steel minister

In May last year, when his party was defeated, many political observers saw it as an existential crisis for JD (S) and the 64-year-old Vokkaliga leader

Being twice CM to Union minister, Kumaraswamy demonstrates political acumen

Two-time chief minister and five-time MLA JD(S) leader H D Kumaraswamy has once again demonstrated his political acumen by bagging a seat in the union council of ministers, despite his party joining the BJP-led NDA just last year. Since the time of its founding in 1999, the JD(S) has never formed a government on its own in Karnataka, but has been in power twice in coalition with both national parties despite being a junior partner -- for 20 months with the BJP from February 2006 and for 14 months with the Congress after the May 2018 assembly polls. Kumaraswamy was chief minister on both occasions. The son of JD(S) patriarch and former prime minister H D Deve Gowda has now managed to secure a cabinet berth by allying with the BJP, at a time when his party was fighting the "battle for survival". The 64-year-old Vokkaliga leader has made no secret of his desire to become agriculture minister. By winning the Mandya Lok Sabha seat, the former CM has not only managed to regain the JD(S)'