Suresh Prabhu

On moral ground: Railway ministers who resigned after train tragedies

Here's a list of railway ministers who resigned, or offered to resign, following major train tragedies, taking moral responsibility for the incidents

Govt to announce new cooperative policy in next 2-3 months: Coop secretary

The new National Cooperative Policy is almost ready and will be announced in the next 2-3 months, a top cooperation ministry official said on Monday. "We are in the last stage of finalising the new national cooperative policy. The policy will be announced in the next 2-3 months," Cooperation Secretary Ashish Kumar Bhutani told reporters on the sidelines of an event. A 47-member committee, headed by former Union minister Suresh Prabhu, has prepared the draft policy after consultation with stakeholders. "Now, further discussions are being held to finalise the policy," he added. The Secretary also informed that around 65,000 functional Primary Agricultural Cooperative Societies (PACS) will be computerised by February next year. The New National Cooperation Policy aims to realise the vision of 'Sahakar se Samriddhi', promoting the cooperative-based economic development model, strengthening the cooperative movement in the country and deepening its reach up to the grassroots.

New national coop policy's revised draft to be prepared with Shah's inputs

A 49-member committee headed by former minister Suresh Prabhu on Monday submitted the draft new national cooperation policy, along with key recommendations, to Cooperation Minister Amit Shah, who has shared further inputs based on which a revised draft will be prepared. The current policy on cooperation was formulated in 2002 and a need was felt to draft a new national policy to deal with the changed economic scenario. Therefore, a committee was formed on September 2, 2022, to draft a new policy to realise Prime Minister Narendra Modi's vision of 'Sehkaar se Samriddhi'. "As per the guidance received from the Minister of Cooperation, the Committee will prepare a revised draft," the Cooperation Ministry said in a statement. The new Cooperation Policy is expected to be unveiled in July, after consulting all the stakeholders, including state governments, central ministries, departments, national cooperatives, etc, it said. The committee members briefed the Minister about the objectives

Airlines must look at common services facility to cut costs: Suresh Prabhu

As Indian airlines seek to expand their fleet, former Union Civil Aviation Minister Suresh Prabhu has said the carriers should look at having a common services facility within the country for maintenance, repair and overhaul works as that will help reduce costs. With Air India placing orders for new aircraft after more than 17 years, he also said the airline should look at flying more on the profitable Gulf routes as well as restoring overseas "historical connections" which it used to operate earlier. Prabhu served as the Civil Aviation Minister from March 2018 to May 2019 and during his tenure also efforts were made to turnaround the loss-making Air India, which was finally taken over by the Tata Group in January 2022 under the government's disinvestment programme. "We should work on having international aviation hubs in India as well as look at having some sort of a common aviation services facility that can be shared by all airlines. Such a facility will help in reducing costs as

Suresh Prabhu calls for greater role of startups in core sectors

Prabhu added that the Indian economy's rate of growth would get accelerated with India's vaccination drive picking up pace, which will revive businesses and, in turn the overall economy

Do not make promises that you know you cannot keep: Suresh Prabhu

Former environment and power minister and current Sherpa on negotiations with G7 and G20, Suresh Prabhu tells Aditi Phadnis in an interview the approach India should adopt on Net Zero. Edited excerpts

Best way to move forward on farmers' protests is dialogue: Suresh Prabhu

The best way to move forward over the ongoing farmers' protests in Delhi is dialogue and the NDA government is willing to talk to the ryots to resolve the issue, Suresh Prabhu said on Friday.

Mining resumption issue needs sympathetic consideration: Suresh Prabhu

The demand for resumption of mining in Goa should be tackled sympathetically, India's Sherpa to G20 and G7 Suresh Prabhu said after meeting families of the people dependent on the mining industry

India is at forefront of fighting money laundering, says Suresh Prabhu

Addressing a virtual ''AML/CFT Conference 2020'', Prabhu said that criminally-minded people use terrorism, and by and large, the kind of terrorism the world is facing is motivated by ideology

Suresh Prabhu launches India Bamboo Forum to promote sector's growth

Suresh Prabhu has launched an independent forum with an aim to boost the bamboo sector by promoting entrepreneurship, research, and trade of high quality bamboo products in a sustainable manner

WTO reforms have to factor in interests of all, says Suresh Prabhu

"WTO's reforms have to take into account the interests of all members. It has to come out with a forward-looking agenda in an inclusive manner," Prabhu said

WTO must come out of ventilator and work to revive multilateralism: Prabhu

Says multilateralism is under threat on post-Covid world, calls for forward-looking, inclusive agenda

Post-coronavirus India: Exporters must seek bigger global share, says Goyal

Goyal asks exporters to "identify their strengths, potentials and competitive advantages in specific sectors, and focus on harnessing them in the world markets

Over Rs 300 cr invested in airport infra in FY20, surge in domestic fleet

In an official statement, the aviation ministry also said while as many as 10 airports commenced operations in 2019, 335 routes have been awarded, covering 33 aerodromes during the year

Startups to play key role in making India a $5 trn economy: Suresh Prabhu

Prabhu said there are three components that are necessary to achieve India's ambition of becoming a $5 trillion economy.

Surrogacy law: RS members want close-relative, 5-year marriage norms eased

Prabhu also asked why should surrogacy be restricted to one child as provided in the bill.

Wilbur Ross, Suresh Prabhu calm US nerves in a rather unconventional way

Wilbur Ross, Suresh Prabhu calm US nerves in a rather unconventional way

ATF under GST will ensure level playing field for domestic airlines: Prabhu

He said input costs should be competitive for any sector and the ministry has been of the strong view that the fuel should be brought under the GST regime

New industrial policy ready, next govt to announce it: Suresh Prabhu

This will be the third industrial policy after the ones released in 1956 and 1991

Suresh Prabhu confident of meeting $100-billion FDI target by 2020

"We have achieved record FDI inflows last year. We have set a target and are already working on bringing in USD 100 billion FDI (by 2020)," Prabhu said