Category: Economy

  • MIL-OSI: Nasdaq Reports January 2025 Volumes

    Source: GlobeNewswire (MIL-OSI)

    NEW YORK, Feb. 04, 2025 (GLOBE NEWSWIRE) — Nasdaq (Nasdaq: NDAQ) today reported monthly volumes for January 2025 on its Investor Relations website. A data sheet showing this information can be found at: http://ir.nasdaq.com/financials/volume-statistics.

    About Nasdaq

    Nasdaq (Nasdaq: NDAQ) is a leading global technology company serving corporate clients, investment managers, banks, brokers, and exchange operators as they navigate and interact with the global capital markets and the broader financial system. We aspire to deliver world-leading platforms that improve the liquidity, transparency, and integrity of the global economy. Our diverse offering of data, analytics, software, exchange capabilities, and client-centric services enables clients to optimize and execute their business vision with confidence. To learn more about the company, technology solutions, and career opportunities, visit us on LinkedIn, on X @Nasdaq, or at www.nasdaq.com.

    Cautionary Note Regarding Forward-Looking Statements
    Information set forth in this communication contains forward-looking statements that involve a number of risks and uncertainties. Nasdaq cautions readers that any forward-looking information is not a guarantee of future performance and that actual results could differ materially from those contained in the forward-looking information. Such forward-looking statements include, but are not limited to (i) projections relating to our future financial results, total shareholder returns, growth, trading volumes, products and services, ability to transition to new business models, taxes and achievement of synergy targets, (ii) statements about the closing or implementation dates and benefits of certain acquisitions, divestitures and other strategic, restructuring, technology, de-leveraging and capital allocation initiatives, (iii) statements about our integrations of our recent acquisitions, (iv) statements relating to any litigation or regulatory or government investigation or action to which we are or could become a party, and (v) other statements that are not historical facts. Forward-looking statements involve a number of risks, uncertainties or other factors beyond Nasdaq’s control. These factors include, but are not limited to, Nasdaq’s ability to implement its strategic initiatives, economic, political and market conditions and fluctuations, government and industry regulation, interest rate risk, U.S. and global competition, and other factors detailed in Nasdaq’s filings with the U.S. Securities and Exchange Commission, including its annual reports on Form 10-K and quarterly reports on Form 10-Q which are available on Nasdaq’s investor relations website at http://ir.nasdaq.com and the SEC’s website at www.sec.gov. Nasdaq undertakes no obligation to publicly update any forward-looking statement, whether as a result of new information, future events or otherwise.

    Media Relations Contacts:

    Nick Jannuzzi
    +1.973.760.1741
    Nicholas.Jannuzzi@Nasdaq.com

    Nick Eghtessad
    +1.929.996.8894
    Nick.Eghtessad@Nasdaq.com

    Investor Relations Contact:

    Ato Garrett
    +1.212.401.8737
    Ato.Garrett@Nasdaq.com

    -NDAQF-

    The MIL Network

  • MIL-OSI: Intapp Announces Second Quarter Fiscal Year 2025 Financial Results

    Source: GlobeNewswire (MIL-OSI)

    • Second quarter SaaS revenue of $80.0 million, up 27% year-over-year
    • Cloud annual recurring revenue (ARR) of $331.1 million, up 29% year-over-year
    • Trailing twelve months’ cloud net revenue retention rate as of December 31, 2024 was 119%

    PALO ALTO, Calif., Feb. 04, 2025 (GLOBE NEWSWIRE) — Intapp, Inc. (NASDAQ: INTA), a leading global provider of AI-powered solutions for professionals at advisory, capital markets, and legal firms, announced financial results for its fiscal second quarter ended December 31, 2024. Intapp also provided its outlook for the third quarter and the full fiscal year 2025.

    “I’m pleased to share that once again we’ve achieved strong quarterly results which are supported by the addition of new clients and expanded client relationships,” said John Hall, CEO of Intapp. “Our second quarter results are indicative of our ability to continually drive AI, cloud adoption, and modernization across the industries we serve.”

    Second Quarter of Fiscal Year 2025 Financial Highlights

    • SaaS revenue was $80.0 million, a 27% year-over-year increase compared to the second quarter of fiscal year 2024.
    • Total revenue was $121.2 million, a 17% year-over-year increase compared to the second quarter of fiscal year 2024.
    • Cloud ARR was $331.1 million as of December 31, 2024, a 29% year-over-year increase compared to Cloud ARR as of December 31, 2023. Cloud ARR represented 76% of total ARR as of December 31, 2024, compared to 70% as of December 31, 2023.
    • Total ARR was $437.1 million as of December 31, 2024, a 20% year-over-year increase compared to total ARR as of December 31, 2023.
    • GAAP operating loss was $(10.2) million, compared to a GAAP operating loss of $(11.1) million in the second quarter of fiscal year 2024.
    • Non-GAAP operating income was $18.9 million, compared to a non-GAAP operating income of $7.6 million in the second quarter of fiscal year 2024.
    • GAAP net loss was $(10.2) million, compared to a GAAP net loss of $(9.2) million in the second quarter of fiscal year 2024.
    • Non-GAAP net income was $17.4 million, compared to a non-GAAP net income of $8.8 million in the second quarter of fiscal year 2024.
    • GAAP net loss per share was $(0.13), compared to a GAAP net loss per share of $(0.13) in the second quarter of fiscal year 2024.
    • Non-GAAP diluted net income per share was $0.21, compared to a non-GAAP diluted net income per share of $0.11 in the second quarter of fiscal year 2024.
    • Cash and cash equivalents were $285.6 million as of December 31, 2024, compared to $208.4 million as of June 30, 2024.
    • For the six months ended December 31, 2024, net cash provided by operating activities was $49.7 million, compared to net cash provided by operating activities of $23.6 million for the six months ended December 31, 2023.

    Business Highlights

    • As of December 31, 2024, we served more than 2,650 clients, 728 of which each had contracts greater than $100,000 of ARR.
    • We upsold and cross-sold our existing clients such that our trailing twelve months’ cloud net revenue retention rate as of December 31, 2024 was 119%.
    • We continued to add new clients and expand existing accounts including accounting firm Milsted Langdon and consulting firm Alvarez & Marsal. 
    • We were named to Forbes’ America’s Most Successful Mid-Cap Companies listing for 2024. 
    • Intapp DealCloud won bronze in the Enterprise Product of the Year – Software category at the 2024 Best in Biz Awards.

    Third Quarter and Full Fiscal Year 2025 Outlook

      Fiscal 2025 Outlook
      Third Quarter Fiscal Year
      (in millions, except per share data)
    SaaS revenue $84.0 – $85.0 $328.8 – $332.8
    Total revenue $128.3 – $129.3 $498.5 – $502.5
    Non-GAAP operating income $18.5 – $19.5 $70.2 – $74.2
    Non-GAAP diluted net income per share $0.21 – $0.23 $0.83 – $0.87
         

    The guidance provided above constitutes forward-looking statements and actual results may differ materially. Refer to the “Forward-Looking Statements” safe harbor section below for information on the factors that could cause our actual results to differ materially from these forward-looking statements.

    The information presented in this press release includes non-GAAP financial measures such as “non-GAAP operating income,” “non-GAAP net income,” and “non-GAAP diluted net income per share.” Refer to “Non-GAAP Financial Measures and Other Metrics” for a discussion of these measures and the financial tables below for reconciliations of each non-GAAP financial measure to the most directly comparable GAAP financial measure.

    The guidance regarding non-GAAP operating income excludes known pre-tax charges related to estimated stock-based compensation of $23.4 million for the third quarter of fiscal year 2025 and $90.6 million for fiscal year 2025 and amortization of intangible assets of $2.7 million for the third quarter of fiscal year 2025 and $11.2 million for fiscal year 2025. The guidance regarding non-GAAP diluted net income per share excludes known pre-tax charges related to estimated stock-based compensation of $0.28 per share for the third quarter of fiscal year 2025 and $1.08 per share for fiscal year 2025 and amortization of intangible assets of $0.03 per share for the third quarter of fiscal year 2025 and $0.13 per share for fiscal year 2025. The Company has not included a quantitative reconciliation of its guidance for non-GAAP operating income and non-GAAP diluted net income per share to their most directly comparable GAAP financial measures, other than stock-based compensation and amortization of intangible assets, because certain of these reconciling items, including change in fair value of contingent consideration, transaction costs, restructuring and other costs and income tax effect of non-GAAP adjustments, could be highly variable and cannot be reasonably predicted without unreasonable effort. This is due to the inherent difficulty of forecasting the timing of certain events that have not yet occurred and are out of the Company’s control and the amounts of associated reconciling items. Please note that the unavailable reconciling items could significantly impact the Company’s GAAP operating results.

    Corporate Presentation

    A supplemental financial presentation and other information will be accessible through Intapp’s investor relations website at https://investors.intapp.com/.

    Webcast
    Intapp will host a conference call for analysts and investors on Tuesday, February 4, 2025, beginning at 2:00 p.m. PT (5:00 p.m. ET). The call will be webcast live via the “Investors” section of the Intapp company website at https://investors.intapp.com/. A replay of the call will be available through the Intapp website for 90 days.

    About Intapp

    Intapp software helps professionals unlock their teams’ knowledge, relationships, and operational insights to increase value for their firms. Using the power of Applied AI, we make firm and market intelligence easy to find, understand, and use. With Intapp’s portfolio of vertical SaaS solutions, professionals can apply their collective expertise to make smarter decisions, manage risk, and increase competitive advantage. The world’s top firms — across accounting, consulting, investment banking, legal, private capital, and real assets — trust Intapp’s industry-specific platform and solutions to modernize and drive new growth.

    Forward-Looking Statements

    This press release contains express and implied “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995, including statements regarding our financial outlook for the third quarter and full fiscal year 2025, growth strategy, business plans and market position. In some cases, you can identify forward-looking statements by terms such as “anticipate,” “believe,” “estimate,” “expect,” “intend,” “may,” “might,” “plan,” “project,” “would,” “should,” “could,” “can,” “predict,” “potential,” “target,” “explore,” “continue,” “expand,” “outlook” or the negative of these terms, and similar expressions intended to identify forward-looking statements. By their nature, these statements are subject to numerous uncertainties and risks, including factors beyond our control, that could cause actual results, performance, or achievement to differ materially and adversely from those anticipated or implied in the statements, including: our ability to continue our growth at or near historical rates; our future financial performance and ability to be profitable; the effect of global events on the U.S. and global economies, our business, our employees, our results of operations, our financial condition, demand for our products, sales and implementation cycles, and the health of our clients’ and partners’ businesses; our ability to prevent and respond to data breaches, unauthorized access to client data or other disruptions of our solutions; our ability to effectively manage U.S. and global market and economic conditions, including inflationary pressures, economic and market downturns and volatility in the financial services industry, particularly adverse to our targeted industries; the length and variability of our sales cycle; our ability to attract and retain clients; our ability to attract and retain talent; our ability to compete in highly competitive markets, including AI products; our ability to manage additional complexity, burdens, and volatility in connection with our international sales and operations; the successful assimilation or integration of the businesses, technologies, services, products, personnel or operations of acquired companies; our ability to incur indebtedness in the future and the effect of conditions in credit markets; the sufficiency of our cash and cash equivalents to meet our liquidity needs; and our ability to maintain, protect, and enhance our intellectual property rights. Additional risks and uncertainties that could cause actual outcomes and results to differ materially from those contemplated by the forward-looking statements are included under the caption “Risk Factors” and elsewhere in our Annual Report on Form 10-K, our Quarterly Reports on Form 10-Q, and any subsequent public filings. Moreover, we operate in a very competitive and rapidly changing environment, and new risks may emerge from time to time. It is not possible for us to predict all risks, nor can we assess the impact of all factors on our business or the extent to which any factor, or combination of factors, may cause actual results or outcomes to differ materially from those contained in any forward-looking statements we may make. Forward-looking statements speak only as of the date the statements are made and are based on information available to us at the time those statements are made and/or management’s good faith belief as of that time with respect to future events. We assume no obligation to update forward-looking statements to reflect events or circumstances after the date they were made, except as required by law.

    Presentation Changes Related to SaaS and License Revenue

    Effective July 1, 2024, the Company adjusted the classification of support services related to subscription license to be included within “license” on the unaudited condensed consolidated statements of operations. Prior to July 1, 2024, support services related to subscription license were included in a line item entitled “SaaS and Support.” Accordingly, effective July 1, 2024, SaaS revenues include subscription fees from clients accessing our SaaS solutions, premium support services related to SaaS, and updates, if any, to the subscribed service during the subscription term. There was no change to the Company’s revenue recognition policy, except for the change in classification noted herein.

    The presentation of cost of revenues has been conformed to reflect the changes related to the presentation of revenues. Such reclassifications related to the presentation of revenues and cost of revenues did not affect total revenues, operating income, or net income.

    Non-GAAP Financial Measures and Other Metrics

    This press release contains the following non-GAAP financial measures: non-GAAP gross profit, non-GAAP gross margin, non-GAAP operating expenses, non-GAAP operating income, non-GAAP net income, and non-GAAP diluted net income per share. These non-GAAP measures exclude the impact of stock-based compensation, amortization of intangible assets, change in fair value of contingent consideration, transaction costs, restructuring and other costs and the income tax effect of non-GAAP adjustments. See below for a reconciliation of each non-GAAP financial measure to the most directly comparable GAAP financial measure.

    Free cash flow is a non-GAAP financial measure, and a supplemental liquidity measure that management uses to evaluate our core operating business and our ability to meet our current and future financing and investing needs. It consists of net cash provided by operating activities less cash paid for purchases of property and equipment. See below for a reconciliation of each non-GAAP financial measure to the most directly comparable GAAP financial measure.

    Other metrics include total ARR, Cloud ARR and Cloud net revenue retention rate. Total ARR represents the annualized recurring value of all active SaaS and on-premise subscription license contracts at the end of a reporting period. Cloud ARR is the portion of the annualized recurring value of our active SaaS contracts at the end of a reporting period. Contracts with a term other than one year are annualized by taking the committed contract value for the current period divided by number of days in that period, then multiplying by 365. Cloud net revenue retention rate is the portion of our net revenue retention rate, which represents the net revenue retention of our SaaS contracts. We calculate Cloud net revenue retention by starting with the Cloud ARR from the cohort of all clients as of the twelve months prior to the applicable fiscal period, or prior period Cloud ARR. We then calculate the Cloud ARR from these same clients as of the current fiscal period, or current period Cloud ARR. We then divide the current period Cloud ARR by the prior period Cloud ARR to calculate the Cloud net revenue retention.

    We believe these non-GAAP financial measures and metrics provide useful information to investors as they are used by management to manage the business, make planning decisions, evaluate our performance, and allocate resources and provide useful information regarding certain financial and business trends relating to our financial condition and results of operations. These non-GAAP financial measures, which may be different than similarly-titled measures used by other companies, should not be considered a substitute for, or superior to, the financial information prepared and presented in accordance with GAAP.

    Guidance for non-GAAP financial measures excludes stock-based compensation expense, amortization of intangible assets, change in fair value of contingent consideration, transaction costs, restructuring and other costs and the income tax effect of non-GAAP adjustments. Non-GAAP diluted net income per share is calculated by dividing non-GAAP net income by the estimated diluted weighted average shares outstanding for the period.

    Investor Contact
    David Trone
    Senior Vice President, Investor Relations
    Intapp, Inc.
    ir@intapp.com

    Media Contact
    Ali Robinson
    Global Media Relations Director
    Intapp, Inc.
    press@intapp.com

     
    INTAPP, INC.
    CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS
    (Unaudited, in thousands, except per share data and percentages)
     
        Three Months
    Ended December 31,
        Six Months
    Ended December 31,
     
        2024     2023     2024     2023  
    Revenues                        
    SaaS   $ 79,976     $ 63,117     $ 156,852     $ 122,030  
    License     28,017       28,135       56,509       56,186  
    Professional services     13,216       12,681       26,653       27,292  
    Total revenues     121,209       103,933       240,014       205,508  
    Cost of revenues                        
    SaaS     16,292       12,810       31,610       25,521  
    License     1,630       1,606       3,382       3,308  
    Professional services     14,549       16,353       29,413       33,513  
    Total cost of revenues     32,471       30,769       64,405       62,342  
    Gross profit     88,738       73,164       175,609       143,166  
    Gross margin     73.2 %     70.4 %     73.2 %     69.7 %
    Operating expenses:                        
    Research and development     33,325       27,981       65,752       56,477  
    Sales and marketing     40,791       35,269       78,551       69,688  
    General and administrative     24,808       20,996       48,746       42,048  
    Total operating expenses     98,924       84,246       193,049       168,213  
    Operating loss     (10,186 )     (11,082 )     (17,440 )     (25,047 )
    Interest and other income (expense), net     (202 )     2,057       3,220       1,114  
    Net loss before income taxes     (10,388 )     (9,025 )     (14,220 )     (23,933 )
    Income tax benefit (expense)     171       (188 )     (517 )     (601 )
    Net loss   $ (10,217 )   $ (9,213 )   $ (14,737 )   $ (24,534 )
    Net loss per share, basic and diluted   $ (0.13 )   $ (0.13 )   $ (0.19 )   $ (0.35 )
    Weighted-average shares used to compute net loss per share, basic and diluted     78,118       70,521       76,861       69,729  
                                     
     
    INTAPP, INC.
    CONDENSED CONSOLIDATED BALANCE SHEETS
    (Unaudited, in thousands)
     
        December 31, 2024     June 30, 2024  
    Assets            
    Current assets:            
    Cash and cash equivalents   $ 285,631     $ 208,370  
    Restricted cash     200       200  
    Accounts receivable, net     87,596       95,103  
    Unbilled receivables, net     13,786       13,300  
    Other receivables, net     4,412       2,743  
    Prepaid expenses     11,284       9,031  
    Deferred commissions, current     14,232       13,907  
    Total current assets     417,141       342,654  
    Property and equipment, net     20,172       18,944  
    Operating lease right-of-use assets     18,426       21,382  
    Goodwill     285,907       285,969  
    Intangible assets, net     34,351       40,293  
    Deferred commissions, noncurrent     18,335       18,495  
    Other assets     6,255       5,262  
    Total assets   $ 800,587     $ 732,999  
    Liabilities and Stockholders’ Equity            
    Current liabilities:            
    Accounts payable   $ 16,631     $ 13,348  
    Accrued compensation     35,045       42,066  
    Accrued expenses     7,266       12,040  
    Deferred revenue, net     234,962       218,923  
    Other current liabilities     12,243       14,270  
    Total current liabilities     306,147       300,647  
    Deferred tax liabilities     1,255       1,336  
    Deferred revenue, noncurrent     3,033       3,563  
    Operating lease liabilities, noncurrent     17,409       19,605  
    Other liabilities     4,353       4,610  
    Total liabilities     332,197       329,761  
    Stockholders’ equity:            
    Common stock     79       75  
    Additional paid-in capital     971,631       891,681  
    Accumulated other comprehensive loss     (1,401 )     (1,336 )
    Accumulated deficit     (501,919 )     (487,182 )
    Total stockholders’ equity     468,390       403,238  
    Total liabilities and stockholders’ equity   $ 800,587     $ 732,999  
     
     
    INTAPP, INC.
    CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS
    (Unaudited, in thousands)
     
        Three Months Ended
    December 31,
        Six Months Ended
    December 31,
     
        2024     2023     2024     2023  
    Cash Flows from Operating Activities:                        
    Net loss   $ (10,217 )   $ (9,213 )   $ (14,737 )   $ (24,534 )
    Adjustments to reconcile net loss to net cash provided by operating activities:                        
    Depreciation and amortization     4,372       3,975       8,839       7,984  
    Amortization of operating lease right-of-use assets     1,278       1,152       2,558       2,282  
    Accounts receivable allowances     273       803       823       1,228  
    Stock-based compensation     25,411       16,508       45,400       35,265  
    Change in fair value of contingent consideration           (784 )     (1,004 )     (2,215 )
    Deferred income taxes     (26 )     (104 )     (74 )     (217 )
    Other     38       39       76       77  
    Changes in operating assets and liabilities:                        
    Accounts receivable     (23,742 )     (10,902 )     6,465       12,570  
    Unbilled receivables, current     (1,009 )     (1,888 )     (486 )     (5,774 )
    Prepaid expenses and other assets     (2,433 )     (446 )     (5,001 )     (1,788 )
    Deferred commissions     (1,832 )     (1,189 )     (165 )     (1,068 )
    Accounts payable and accrued liabilities     185       9,760       (7,875 )     (1,517 )
    Deferred revenue, net     32,784       4,615       15,509       4,837  
    Operating lease liabilities     (1,344 )     (768 )     (2,675 )     (2,339 )
    Other liabilities     1,501       477       2,032       (1,144 )
    Net cash provided by operating activities     25,239       12,035       49,685       23,647  
    Cash Flows from Investing Activities:                        
    Purchases of property and equipment     (62 )     (213 )     (416 )     (1,354 )
    Capitalized internal-use software costs     (1,915 )     (1,592 )     (3,449 )     (3,453 )
    Business combinations, net of cash acquired                 (897 )      
    Net cash used in investing activities     (1,977 )     (1,805 )     (4,762 )     (4,807 )
    Cash Flows from Financing Activities:                        
    Payments for deferred offering costs           (148 )           (781 )
    Proceeds from stock option exercises     9,666       15,612       32,584       17,936  
    Proceeds from employee stock purchase plan     1,970       1,725       1,970       1,725  
    Payments of deferred contingent consideration and holdback associated with acquisitions     (1,023 )     (2,551 )     (2,410 )     (2,551 )
    Net cash provided by financing activities     10,613       14,638       32,144       16,329  
    Effect of foreign currency exchange rate changes on cash and cash equivalents     (2,091 )     (58 )     194       203  
    Net increase in cash, cash equivalents and restricted cash     31,784       24,810       77,261       35,372  
    Cash, cash equivalents and restricted cash – beginning of period     254,047       141,747       208,570       131,185  
    Cash, cash equivalents and restricted cash – end of period   $ 285,831     $ 166,557     $ 285,831     $ 166,557  
     
     

    INTAPP, INC.
    RECONCILIATION OF GAAP TO NON-GAAP FINANCIAL MEASURES
    (Unaudited, in thousands, except per share data and percentages)

    The following tables reconcile the specific items excluded from GAAP in the calculation of non-GAAP financial measures for the periods indicated below:

    Non-GAAP Gross Profit

        Three Months Ended
    December 31,
        Six Months Ended
    December 31,
     
        2024     2023     2024     2023  
    GAAP gross profit   $ 88,738     $ 73,164     $ 175,609     $ 143,166  
    Adjusted to exclude the following:                        
    Stock-based compensation     2,702       2,018       4,934       3,892  
    Amortization of intangible assets     1,509       1,055       3,080       2,110  
    Restructuring and other costs     53             62        
    Non-GAAP gross profit   $ 93,002     $ 76,237     $ 183,685     $ 149,168  
    Non-GAAP gross margin     76.7 %     73.4 %     76.5 %     72.6 %
     

    Non-GAAP Operating Expenses

        Three Months Ended
    December 31,
        Six Months Ended
    December 31,
     
        2024     2023     2024     2023  
    GAAP research and development   $ 33,325     $ 27,981     $ 65,752     $ 56,477  
    Stock-based compensation     (6,800 )     (4,468 )     (11,424 )     (9,114 )
    Restructuring and other costs     (113 )           (162 )      
    Non-GAAP research and development   $ 26,412     $ 23,513     $ 54,166     $ 47,363  
                             
                             
    GAAP sales and marketing   $ 40,791     $ 35,269     $ 78,551     $ 69,688  
    Stock-based compensation     (7,232 )     (4,888 )     (12,970 )     (10,227 )
    Amortization of intangible assets     (1,268 )     (1,396 )     (2,536 )     (2,883 )
    Non-GAAP sales and marketing   $ 32,291     $ 28,985     $ 63,045     $ 56,578  
                             
                             
    GAAP general and administrative   $ 24,808     $ 20,996     $ 48,746     $ 42,048  
    Stock-based compensation     (8,677 )     (5,134 )     (16,072 )     (12,032 )
    Amortization of intangible assets     (163 )     (163 )     (326 )     (326 )
    Change in fair value of contingent consideration           784       1,004       2,215  
    Transaction costs (1)     (530 )     (350 )     (664 )     (678 )
    Restructuring and other costs     (64 )           (236 )      
    Non-GAAP general and administrative   $ 15,374     $ 16,133     $ 32,452     $ 31,227  
     

    Non-GAAP Operating Income

        Three Months Ended
    December 31,
        Six Months Ended
    December 31,
     
        2024     2023     2024     2023  
    GAAP operating loss   $ (10,186 )   $ (11,082 )   $ (17,440 )   $ (25,047 )
    Adjusted to exclude the following:                        
    Stock-based compensation     25,411       16,508       45,400       35,265  
    Amortization of intangible assets     2,940       2,614       5,942       5,319  
    Change in fair value of contingent consideration           (784 )     (1,004 )     (2,215 )
    Transaction costs (1)     530       350       664       678  
    Restructuring and other costs     230             460        
    Non-GAAP operating income   $ 18,925     $ 7,606     $ 34,022     $ 14,000  
     

    Non-GAAP Net Income

        Three Months Ended
    December 31,
        Six Months Ended
    December 31,
     
        2024     2023     2024     2023  
    GAAP net loss   $ (10,217 )   $ (9,213 )   $ (14,737 )   $ (24,534 )
    Adjusted to exclude the following:                        
    Stock-based compensation     25,411       16,508       45,400       35,265  
    Amortization of intangible assets     2,940       2,614       5,942       5,319  
    Change in fair value of contingent consideration           (784 )     (1,004 )     (2,215 )
    Transaction costs (1)     530       350       664       678  
    Restructuring and other costs     230             460        
    Income tax effect of non-GAAP adjustments     (1,489 )     (710 )     (2,513 )     (1,125 )
    Non-GAAP net income   $ 17,405     $ 8,765     $ 34,212     $ 13,388  
                             
    GAAP net loss per share, basic and diluted   $ (0.13 )   $ (0.13 )   $ (0.19 )   $ (0.35 )
    Non-GAAP net income per share, diluted   $ 0.21     $ 0.11     $ 0.41     $ 0.17  
                             
    Weighted-average shares used to compute GAAP net loss per share, basic and diluted     78,118       70,521       76,861       69,729  
    Weighted-average shares used to compute non-GAAP net income per share, diluted     83,910       80,285       82,724       79,926  
     

    Free Cash Flow

        Three Months Ended
    December 31,
        Six Months Ended
    December 31,
     
        2024     2023     2024     2023  
    Net cash provided by operating activities   $ 25,239     $ 12,035     $ 49,685     $ 23,647  
    Adjusted for the following cash outlay:                        
    Purchases of property and equipment     (62 )     (213 )     (416 )     (1,354 )
    Free cash flow (2)   $ 25,177     $ 11,822     $ 49,269     $ 22,293  
     

    (1) Consists of acquisition-related transaction costs, costs related to a legal settlement incurred in connection with an acquisition and costs related to certain non-capitalized offering-related expenses.

    (2) Beginning with the second quarter ended December 31, 2023, we have excluded capitalized internal-use software costs and cash paid for interest from the calculation of our free cash flow, which we believe better aligns with industry standard. Our free cash flow for prior period presented were recast to conform to the updated methodology and are reflected herein for comparison purposes.

    The MIL Network

  • MIL-OSI: Runway Growth Finance Corp. Announces Date for Fourth Quarter and Full Year 2024 Financial Results and Conference Call

    Source: GlobeNewswire (MIL-OSI)

    MENLO PARK, Calif., Feb. 04, 2025 (GLOBE NEWSWIRE) — Runway Growth Finance Corp. (Nasdaq: RWAY) (“Runway Growth”), a leading provider of flexible capital solutions to late- and growth-stage companies seeking an alternative to raising equity, today announced that it will release its fourth quarter and full year 2024 financial results after market close on Thursday, March 20, 2025. Runway Growth will discuss its financial results on a conference call that day at 2:00 p.m. PT (5:00 p.m. ET).

    To participate in the conference call or webcast, participants should register online at the Runway Growth Investor Relations website. Participants are requested to register a day in advance or at a minimum 15 minutes before the start of the call. The earnings call can also be accessed through the following links:

    A replay of the webcast will be available two hours after the call and archived on the same web page for 90 days.

    About Runway Growth Finance Corp.
    Runway Growth is a growing specialty finance company focused on providing flexible capital solutions to late- and growth-stage companies seeking an alternative to raising equity. Runway Growth is a closed-end investment fund that has elected to be regulated as a business development company under the Investment Company Act of 1940. Runway Growth is externally managed by Runway Growth Capital LLC, an established registered investment advisor that was formed in 2015 and led by industry veteran David Spreng. For more information, please visit www.runwaygrowth.com.

    Forward-Looking Statements
    Statements included herein may constitute “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. Statements other than statements of historical facts included in this press release may constitute forward-looking statements and are not guarantees of future performance, condition or results and involve a number of risks and uncertainties. Actual results may differ materially from those in the forward-looking statements as a result of a number of factors, including those described from time to time in Runway Growth’s filings with the Securities and Exchange Commission. Runway Growth undertakes no duty to update any forward-looking statement made herein. All forward-looking statements speak only as of the date of this press release.

    IR Contacts:
    Taylor Donahue, Prosek Partners, rway@prosek.com
    Thomas B. Raterman, Chief Financial Officer and Chief Operating Officer, tr@runwaygrowth.com

    The MIL Network

  • MIL-OSI: Varonis Announces Fourth Quarter 2024 and Full-Year 2024 Financial Results

    Source: GlobeNewswire (MIL-OSI)

    Annual recurring revenues grew 18% year-over-year
    SaaS ARR as a percentage of total ARR was approximately 53%
    Year-to-date cash from operations generated $115.2 million vs. $59.4 million last year
    Year-to-date free cash flow generated $108.5 million vs. $54.3 million last year

    NEW YORK, Feb. 04, 2025 (GLOBE NEWSWIRE) — Varonis Systems, Inc. (Nasdaq: VRNS), a leader in data security, today announced financial results for the fourth quarter and full-year ended December 31, 2024.

    Yaki Faitelson, Varonis CEO, said, “We are excited by the approximately 50% increase in ARR from new customers, which was driven by the simplicity of SaaS and MDDR as well as customer interest in utilizing Generative AI raising awareness for our solution. We look forward to continuing our momentum and completing our SaaS transition in 2025, which will unlock many more benefits as we capture our massive opportunity.”

    Guy Melamed, Varonis CFO & COO, added, “For the first time in company history, SaaS represents a majority of ARR as we finished the fourth quarter with 53% of total company ARR coming from SaaS. This demand positions the company for another year of strong ARR growth and continued improvement in free cash flow generation, while we make strategic investments aimed at supporting our goal of returning to more than 20% ARR growth.”

    Financial Summary for the Fourth Quarter Ended December 31, 2024

    • Total revenues were $158.5 million, compared with $154.1 million in the fourth quarter of 2023.
    • SaaS revenues were $72.2 million, compared with $23.0 million in the fourth quarter of 2023.
    • Term license subscription revenues were $66.8 million, compared with $106.2 million in the fourth quarter of 2023.
    • Maintenance and services revenues were $19.5 million, compared with $24.9 million in the fourth quarter of 2023.
    • GAAP operating loss was ($17.6) million, compared to GAAP operating loss of ($5.2) million in the fourth quarter of 2023.
    • Non-GAAP operating income was $15.3 million, compared to non-GAAP operating income of $27.2 million in the fourth quarter of 2023.

    Financial Summary for the Year Ended December 31, 2024

    • Total revenues were $551.0 million, compared with $499.2 million in 2023.
    • SaaS revenues were $208.8 million, compared with $44.4 million in 2023.
    • Term license subscription revenues were $254.2 million, compared with $356.5 million in 2023.
    • Maintenance and services revenues were $87.9 million, compared with $98.3 million in 2023.
    • GAAP operating loss was ($117.7) million, compared to GAAP operating loss of ($117.2) million in 2023.
    • Non-GAAP operating income was $15.9 million, compared to non-GAAP operating income of $28.7 million in 2023.

    The tables at the end of this press release include a reconciliation of GAAP operating income (loss) to non-GAAP operating income (loss) and GAAP net income (loss) to non-GAAP net income (loss) for the three and twelve months ended December 31, 2024 and 2023. An explanation of these measures is included below under the heading “Non-GAAP Financial Measures and Key Performance Indicators.”

    Key Performance Indicators and Recent Business Highlights

    • Annual recurring revenues, or ARR, was $641.9 million as of the end of the fourth quarter, up 18% year-over-year.
    • As of December 31, 2024, the Company had $1.2 billion in cash and cash equivalents, short-term deposits and short-term and long-term marketable securities.
    • During the twelve months ended December 31, 2024, the Company generated $115.2 million of cash from operations, compared to $59.4 million generated in the prior year period.
    • During the twelve months ended December 31, 2024, the Company generated $108.5 million of free cash flow, compared to $54.3 million generated in the prior year period.
    • Announced expansion of IaaS security coverage to Google Cloud, bringing the company’s proven data-centric approach to Google Cloud storage and data warehouses.
    • Expanded coverage to discover and classify critical data, remove exposures, and detect threats on the Databricks Data Intelligence Platform.
    • Broadened coverage to continuously discover and classify data and resolve issues related to data risk and overexposure within ServiceNow.

    An explanation of ARR is included below under the heading “Non-GAAP Financial Measures and Key Performance Indicators.” In addition, the tables at the end of this press release include a reconciliation of net cash provided by operating activities to non-GAAP free cash flow. An explanation of this measure is also included below under the heading “Non-GAAP Financial Measures and Key Performance Indicators.”

    Financial Outlook

    For the first quarter of 2025, the Company expects:

    • Revenues of $130.0 million to $135.0 million, or year-over-year growth of 14% to 18%.
    • Non-GAAP operating loss of ($14.0) million to ($11.0) million.
    • Non-GAAP net loss per diluted share in the range of ($0.06) to ($0.04), based on 113.6 million diluted shares outstanding.

    For full year 2025, the Company expects:

    • ARR of $737.0 million to $745.0 million, or year-over-year growth of 15% to 16%.
    • Net cash provided by operating activities of $132.0 million to $139.0 million.
    • Free cash flow of $120.0 million to $125.0 million.
    • Revenues of $610.0 million to $625.0 million, or year-over-year growth of 11% to 13%.
    • Non-GAAP operating income of $0.5 million to $10.5 million.
    • Non-GAAP net income per diluted share in the range of $0.13 to $0.17, based on 137.5 million diluted shares outstanding.

    Actual results may differ materially from the Company’s Financial Outlook as a result of, among other things, the factors described below under “Forward-Looking Statements”.

    Conference Call and Webcast
    Varonis will host a conference call today, Tuesday, February 4, 2025, at 4:30 p.m. Eastern Time, to discuss the Company’s fourth quarter 2024 and full-year 2024 financial results. To access this call, dial 877-425-9470 (domestic) or 201-389-0878 (international). The passcode is 13750890. A replay of this conference call will be available through February 11, 2025 at 844-512-2921 (domestic) or 412-317-6671 (international). The replay passcode is 13750890. A live webcast of this conference call will be available on the “Investors” page of the Company’s website (www.varonis.com), and a replay will be archived on the website as well.

    Non-GAAP Financial Measures and Key Performance Indicators
    Varonis believes that the use of non-GAAP operating income (loss) and non-GAAP net income (loss) is helpful to our investors. These measures, which the Company refers to as our non-GAAP financial measures, are not prepared in accordance with GAAP.

    Non-GAAP operating income (loss) is calculated as operating income (loss) excluding (i) stock-based compensation expense, (ii) payroll tax expense related to stock-based compensation, and (iii) amortization of acquired intangible assets and acquisition-related expenses.

    Non-GAAP net income (loss) is calculated as net income (loss) excluding (i) stock-based compensation expense, (ii) payroll tax expense related to stock-based compensation, (iii) amortization of acquired intangible assets and acquisition-related expenses, (iv) foreign exchange gains (losses) which include exchange rate differences on lease contracts as a result of the implementation of ASC 842 and (v) amortization of debt issuance costs.

    The Company believes that the exclusion of these expenses provides a more meaningful comparison of our operational performance from period to period and offers investors and management greater visibility to the underlying performance of our business. Specifically:

    • Stock-based compensation expenses utilize varying available valuation methodologies, subjective assumptions and a variety of equity instruments that can impact a company’s non-cash expenses;
    • Payroll taxes are tied to the exercise or vesting of underlying equity awards and the price of our common stock at the time of vesting or exercise, factors which may vary from period to period;
    • Acquired intangible assets are valued at the time of acquisition and are amortized over an estimated useful life after the acquisition, and acquisition-related expenses are unrelated to current operations and neither are comparable to the prior period nor predictive of future results;
    • The Company incurs foreign exchange gains or losses from the revaluation of its significant operating lease liabilities in foreign currencies as well as other assets and liabilities denominated in non-U.S. dollars, which may vary from period to period; and
    • Amortization of debt issuance costs, which relate to the Company’s convertible senior notes issued in 2020 and 2024, are a non-cash item.

    Free cash flow is calculated as net cash provided by or used in operating activities less purchases of property and equipment. We believe that free cash flow is a useful indicator of liquidity that provides information to management and investors about the amount of cash provided by or used in our operations that, after the investments in property and equipment, can be used for strategic initiatives.

    Each of our non-GAAP financial measures is an important tool for financial and operational decision making and for evaluating our own operating results over different periods of time. The non-GAAP financial measures do not represent our financial performance under U.S. GAAP and should not be considered as alternatives to operating income (loss) or net income (loss) or any other performance measures derived in accordance with GAAP. Non-GAAP financial measures may not provide information that is directly comparable to that provided by other companies in our industry, as other companies in our industry may calculate non-GAAP financial results differently, particularly related to non-recurring, unusual items. In addition, there are limitations in using non-GAAP financial measures because the non-GAAP financial measures are not prepared in accordance with GAAP, and exclude expenses that may have a material impact on our reported financial results. Further, stock-based compensation expense and payroll tax expense related to stock-based compensation have been, and will continue to be for the foreseeable future, significant recurring expenses in our business and an important part of the compensation provided to our employees. Also, the amortization of intangible assets are expected recurring expenses over the estimated useful life of the underlying intangible asset and acquisition-related expenses will be incurred to the extent acquisitions are made in the future. Additionally, foreign exchange rates may fluctuate from one period to another, and the Company does not estimate movements in foreign currencies. Finally, the amortization of debt issuance costs are expected recurring expenses until the maturity of the senior notes in 2029.

    The presentation of non-GAAP financial information is not meant to be considered in isolation or as a substitute for the directly comparable financial measures prepared in accordance with GAAP. Varonis urges investors to review the reconciliation of our non-GAAP financial measures to the comparable GAAP financial measures included below, and not to rely on any single financial measures to evaluate our business.

    A reconciliation for non-GAAP operating income (loss) and non-GAAP net income (loss) referred to in our “Financial Outlook” is not provided because, as forward-looking statements, such reconciliation is not available without unreasonable effort due to the high variability, complexity, and difficulty of estimating certain items such as charges to stock-based compensation expense and currency fluctuations which could have an impact on our consolidated results. The Company believes the information provided is useful to investors because it can be considered in the context of the Company’s historical disclosures of this measure.

    ARR is a key performance indicator defined as the annualized value of active SaaS contracts, term-based subscription license contracts, and maintenance contracts in effect at the end of that period. SaaS contracts, term-based subscription license contracts, and maintenance contracts are annualized by dividing the total contract value by the number of days in the term and multiplying the result by 365. The annualized value of contracts is a legal and contractual determination made by assessing the contractual terms with our customers. The annualized value of maintenance contracts is not determined by reference to historical revenues, deferred revenues or any other GAAP financial measure over any period. ARR is not a forecast of future revenues, which can be impacted by contract start and end dates and renewal rates.

    Forward-Looking Statements

    This press release contains, and statements made during the above referenced conference call will contain, “forward-looking” statements, which are subject to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995, including regarding the Company’s growth rate and its expectations regarding future revenues, operating income or loss or earnings or loss per share. These statements are not guarantees of future performance but are based on management’s expectations as of the date of this press release and assumptions that are inherently subject to uncertainties, risks and changes in circumstances that are difficult to predict. Forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause actual results, performance or achievements to be materially different from any future results, performance or achievements. Important factors that could cause actual results to differ materially from those expressed or implied by these forward-looking statements include the following: the impact of potential information technology, cybersecurity or data security breaches; risks associated with anticipated growth in Varonis’ addressable market; general economic and industry conditions, such as foreign currency exchange rate fluctuations and expenditure trends for data and cybersecurity solutions; Varonis’ ability to predict the timing and rate of subscription renewals and their impact on the Company’s future revenues and operating results; risks associated with international operations; the impact of global conflicts on the budgets of our clients and on economic conditions generally; competitive factors, including increased sales cycle time, changes in the competitive environment, pricing changes and increased competition; the risk that Varonis may not be able to attract or retain employees, including sales personnel and engineers; Varonis’ ability to build and expand its direct sales efforts and reseller distribution channels; risks associated with the closing of large transactions, including Varonis’ ability to close large transactions consistently on a quarterly basis; new product introductions and Varonis’ ability to develop and deliver innovative products; Varonis’ ability to provide high-quality service and support offerings; the expansion of cloud-delivered services; and risks associated with our convertible notes and capped-call transactions. These and other important risk factors are described more fully in Varonis’ reports and other documents filed with the Securities and Exchange Commission and could cause actual results to vary from expectations. All information provided in this press release and in the conference call is as of the date hereof, and Varonis undertakes no duty to update or revise this information, whether as a result of new information, new developments or otherwise, except as required by law.

    About Varonis

    Varonis (Nasdaq: VRNS) is a leader in data security, fighting a different battle than conventional cybersecurity companies. Our cloud-native Data Security Platform continuously discovers and classifies critical data, removes exposures, and detects advanced threats with AI-powered automation.

    Thousands of organizations worldwide trust Varonis to defend their data wherever it lives — across SaaS, IaaS, and hybrid cloud environments. Customers use Varonis to automate a wide range of security outcomes, including data security posture management (DSPM), data classification, data access governance (DAG), data detection and response (DDR), data loss prevention (DLP), and insider risk management.

    Varonis protects data first, not last. Learn more at www.varonis.com.

    Investor Relations Contact:
    Tim Perz
    Varonis Systems, Inc.
    646-640-2112
    investors@varonis.com 

    News Media Contact:
    Rachel Hunt
    Varonis Systems, Inc.
    877-292-8767 (ext. 1598)
    pr@varonis.com 

    Varonis Systems, Inc.
    Consolidated Statements of Operations
    (in thousands, except for share and per share data)
     
      Three Months Ended
    December 31,
      Twelve Months Ended
    December 31,
       2024     2023     2024     2023 
      Unaudited   Unaudited    
    Revenues:              
    Term license subscriptions $ 66,781     $ 106,184     $ 254,241     $ 356,490  
    SaaS   72,206       22,980       208,781       44,417  
    Maintenance and services   19,527       24,935       87,928       98,253  
    Total revenues   158,514       154,099       550,950       499,160  
                   
    Cost of revenues   26,055       19,347       93,847       71,751  
                   
    Gross profit   132,459       134,752       457,103       427,409  
                   
    Operating expenses:              
    Research and development   50,546       48,144       196,765       183,838  
    Sales and marketing   76,123       70,569       288,769       277,893  
    General and administrative   23,342       21,283       89,220       82,901  
    Total operating expenses   150,011       139,996       574,754       544,632  
                   
    Operating loss   (17,552 )     (5,244 )     (117,651 )     (117,223 )
    Financial income, net   7,605       5,433       34,644       30,305  
                   
    Income (loss) before income taxes   (9,947 )     189       (83,007 )     (86,918 )
    Income taxes   (3,047 )     (1,087 )     (12,758 )     (13,998 )
                   
    Net loss $ (12,994 )   $ (898 )   $ (95,765 )   $ (100,916 )
                   
    Net loss per share of common stock, basic and diluted $ (0.12 )   $ (0.01 )   $ (0.86 )   $ (0.92 )
                   
    Weighted average number of shares used in computing net loss per share of common stock, basic and diluted   112,488,376       109,007,859       111,660,541       109,141,894  
    Stock-based compensation expense for the three and twelve months ended December 31, 2024 and 2023 is included in the Consolidated Statements of Operations as follows (in thousands):
                   
      Three Months Ended
    December 31,
      Twelve Months Ended
    December 31,
       2024    2023    2024    2023
      Unaudited   Unaudited    
    Cost of revenues $ 1,175   $ 1,275   $ 5,192   $ 7,221
    Research and development   10,709     11,199     41,766     48,679
    Sales and marketing   10,509     10,186     41,494     48,047
    General and administrative   10,176     8,983     38,230     35,872
      $ 32,569   $ 31,643   $ 126,682   $ 139,819
    Payroll tax expense related to stock-based compensation for the three and twelve months ended December 31, 2024 and 2023 is included in the Consolidated Statements of Operations as follows (in thousands):
                   
      Three Months Ended
    December 31,
      Twelve Months Ended
    December 31,
       2024    2023    2024    2023
      Unaudited   Unaudited    
    Cost of revenues $ 6   $ 20   $ 637   $ 405
    Research and development   38     133     604     365
    Sales and marketing   146     152     3,196     1,972
    General and administrative   16     32     1,181     518
      $ 206   $ 337   $ 5,618   $ 3,260
    Amortization of acquired intangibles and acquisition-related expenses for the three and twelve months ended December 31, 2024 and 2023 is included in the Consolidated Statements of Operations as follows (in thousands):
                   
      Three Months Ended
    December 31,
      Twelve Months Ended
    December 31,
       2024    2023    2024    2023
      Unaudited   Unaudited    
    Cost of revenues $ 119   $ 381   $ 1,263   $ 1,525
    Research and development       128         1,363
    Sales and marketing              
    General and administrative              
      $ 119   $ 509   $ 1,263   $ 2,888
    Varonis Systems, Inc.
    Consolidated Balance Sheets
    (in thousands)
     
      December 31, 2024   December 31, 2023
      Unaudited    
    Assets      
    Current assets:      
    Cash and cash equivalents $ 185,585     $ 230,740  
    Marketable securities   343,383       253,175  
    Short-term deposits   39,450       49,800  
    Trade receivables, net   192,832       169,116  
    Prepaid expenses and other short-term assets   116,824       64,326  
    Total current assets   878,074       767,157  
    Long-term assets:      
    Long-term marketable securities   658,896       211,063  
    Operating lease right-of-use assets   45,593       51,838  
    Property and equipment, net   30,795       33,964  
    Intangible assets, net         1,263  
    Goodwill   23,135       23,135  
    Other assets   27,782       15,490  
    Total long-term assets   786,201       336,753  
    Total assets $ 1,664,275     $ 1,103,910  
           
    Liabilities and stockholders’ equity      
    Current liabilities:      
    Trade payables $ 4,313     $ 672  
    Accrued expenses and other short-term liabilities   164,930       125,057  
    Convertible senior notes, net   250,529        
    Deferred revenues   290,113       181,049  
    Total current liabilities   709,885       306,778  
    Long-term liabilities:      
    Convertible senior notes, net   450,243       250,477  
    Operating lease liabilities   42,789       51,313  
    Deferred revenues   2,211       886  
    Other liabilities   3,491       4,808  
    Total long-term liabilities   498,734       307,484  
           
    Stockholders’ equity:      
    Share capital      
    Common stock   113       109  
    Accumulated other comprehensive income (loss)   2,676       (8,649 )
    Additional paid-in capital   1,193,022       1,142,578  
    Accumulated deficit   (740,155 )     (644,390 )
    Total stockholders’ equity   455,656       489,648  
    Total liabilities and stockholders’ equity $ 1,664,275     $ 1,103,910  
    Varonis Systems, Inc.
    Consolidated Statements of Cash Flows
    (in thousands)
     
      Twelve Months Ended
    December 31,
       2024     2023 
      Unaudited    
    Cash flows from operating activities:      
    Net loss $ (95,765 )   $ (100,916 )
    Adjustments to reconcile net loss to net cash provided by operating activities:      
    Depreciation and amortization   11,126       11,703  
    Stock-based compensation   126,682       139,819  
    Amortization of deferred commissions   54,392       53,072  
    Non-cash operating lease costs   9,526       9,468  
    Amortization of debt issuance costs   2,144       1,514  
    Amortization of premium and accretion of discount on marketable securities, net   (12,690 )     (9,354 )
    Acquired in-process research and development   6,653        
           
    Changes in assets and liabilities:      
    Trade receivables   (23,716 )     (33,137 )
    Prepaid expenses and other short-term assets   (35,332 )     (21,459 )
    Deferred commissions   (59,820 )     (53,505 )
    Other long-term assets   347       (577 )
    Trade payables   3,641       (2,290 )
    Accrued expenses and other short-term liabilities   17,317       (5,278 )
    Deferred revenues   110,389       69,882  
    Other long-term liabilities   306       474  
    Net cash provided by operating activities   115,200       59,416  
           
    Cash flows from investing activities:      
    Proceeds from maturities of marketable securities   308,840       301,350  
    Proceeds from sales of marketable securities   111,552        
    Investment in marketable securities   (949,841 )     (517,948 )
    Proceeds from short-term and long-term deposits   34,795       214,444  
    Investment in short-term and long-term deposits   (24,254 )     (135,823 )
    Purchase of in-process research and development   (6,653 )      
    Purchases of property and equipment   (6,694 )     (5,099 )
    Net cash used in investing activities   (532,255 )     (143,076 )
           
    Cash flows from financing activities:      
    Proceeds from issuance of convertible senior notes, net of issuance costs   449,635        
    Purchases of capped calls   (55,522 )      
    Proceeds from employee stock plans   16,082       11,537  
    Taxes paid related to net share settlement of equity awards   (38,295 )     (21,415 )
    Repurchase of common stock         (43,522 )
    Net cash provided by (used in) financing activities   371,900       (53,400 )
    Decrease in cash and cash equivalents   (45,155 )     (137,060 )
    Cash and cash equivalents at beginning of period   230,740       367,800  
    Cash and cash equivalents at end of period $ 185,585     $ 230,740  
    Varonis Systems, Inc.
    Reconciliation of GAAP Measures to non-GAAP
    (in thousands, except share and per share data)
     
      Three Months Ended
    December 31,
      Twelve Months Ended
    December 31,
       2024     2023     2024     2023 
      Unaudited   Unaudited
    Reconciliation to non-GAAP operating income:              
                   
    GAAP operating loss $ (17,552 )   $ (5,244 )   $ (117,651 )   $ (117,223 )
                   
    Add back:              
    Stock-based compensation expense   32,569       31,643       126,682       139,819  
    Payroll tax expenses related to stock-based compensation   206       337       5,618       3,260  
    Amortization of acquired intangible assets and acquisition-related expenses   119       509       1,263       2,888  
    Non-GAAP operating income $ 15,342     $ 27,245     $ 15,912     $ 28,744  
                   
    Reconciliation to non-GAAP net income:              
                   
    GAAP net loss $ (12,994 )   $ (898 )   $ (95,765 )   $ (100,916 )
                   
    Add back:              
    Stock-based compensation expense   32,569       31,643       126,682       139,819  
    Payroll tax expenses related to stock-based compensation   206       337       5,618       3,260  
    Amortization of acquired intangible assets and acquisition-related expenses   119       509       1,263       2,888  
    Foreign exchange rate differences, net   3,129       2,290       827       (916 )
    Amortization of debt issuance costs   880       381       2,144       1,514  
    Non-GAAP net income $ 23,909     $ 34,262     $ 40,769     $ 45,649  
                   
    GAAP weighted average number of shares used in computing net loss per share of common stock – basic and diluted   112,488,376       109,007,859       111,660,541       109,141,894  
    Non-GAAP weighted average number of shares used in computing net income per share of common stock – basic   112,488,376       109,007,859       111,660,541       109,141,894  
    Non-GAAP weighted average number of shares used in computing net income per share of common stock – diluted   135,097,388       126,061,869       130,278,825       126,585,777  
                   
    GAAP net loss per share of common stock – basic and diluted $ (0.12 )   $ (0.01 )   $ (0.86 )   $ (0.92 )
    Non-GAAP net income per share of common stock – basic $ 0.21     $ 0.31     $ 0.37     $ 0.42  
    Non-GAAP net income per share of common stock – diluted $ 0.18     $ 0.27     $ 0.31     $ 0.36  

            

    Varonis Systems, Inc.
    Reconciliation of GAAP Measures to non-GAAP
    (in millions)
           
      Twelve Months Ended
    December 31,
       2024     2023 
      Unaudited
    Reconciliation to non-GAAP free cash flow:      
    Net cash provided by operating activities $ 115.2     $ 59.4  
    Purchases of property and equipment   (6.7 )     (5.1 )
    Free cash flow $ 108.5     $ 54.3  
    Varonis Systems, Inc.
    Reconciliation of GAAP Measures to non-GAAP
    (in millions)
           
      Twelve Months Ended
    December 31, 2025
      Low   High
    Reconciliation to non-GAAP free cash flow:      
    Net cash provided by operating activities $ 132.0     $ 139.0  
    Purchases of property and equipment   (12.0 )     (14.0 )
    Free cash flow $ 120.0     $ 125.0  

    The MIL Network

  • MIL-OSI: Key Tronic Corporation Announces Results For the Second Quarter of Fiscal Year 2025

    Source: GlobeNewswire (MIL-OSI)

    SPOKANE VALLEY, Wash., Feb. 04, 2025 (GLOBE NEWSWIRE) — Key Tronic Corporation (Nasdaq: KTCC), a provider of electronic manufacturing services (EMS), today announced its results for the quarter ended December 28, 2024. These results are in line with the updated guidance provided on January 24, 2025.

    For the second quarter of fiscal year 2025, Key Tronic reported total revenue of $113.9 million, compared to $147.8 million in the same period of fiscal year 2024. The lower than anticipated revenue and earnings for the second quarter of fiscal year 2025 are primarily due to unexpected shortages for specific components managed by a large customer, lower-than-expected production during the holiday season, and reduced demand from certain customers which together lowered revenue by approximately $15 million from initial guidance for the quarter. For the first six months of fiscal year 2025, total revenue was $245.4 million, compared to $298.0 million in the same period of fiscal year 2024.

    Gross margins were 6.8% and operating margins were (1.0)% in the second quarter of fiscal year 2025, compared to 8.0% and 2.7%, respectively, in the same period of fiscal year 2024. The decline in margins for the second quarter of fiscal year 2025 primarily reflects the reduction of revenue. As previously announced, interest expense also included approximately $1.0 million in write-offs of unamortized loan fees related to refinancing the Company’s debt with a new lender.

    The net loss was $(4.9) million or $(0.46) per share for the second quarter of fiscal year 2025, compared to net income of $1.1 million or $0.10 per share for the same period of fiscal year 2024. For the first six months of fiscal year 2025, the net loss was $(3.8) million or $(0.35) per share, compared to net income of $1.4 million or $0.13 per share for the same period of fiscal year 2024.

    The adjusted net loss was $(4.1) million or $(0.38) per share for the second quarter of fiscal year 2025, compared to adjusted net income of $1.1 million or $0.10 per share for the same period of fiscal year 2024. The adjusted net loss was $(2.9) million or $(0.27) per share for first six months of fiscal year 2025, compared to adjusted net income of $1.2 million or $0.11 per share for the same period of fiscal year 2024. See “Non-GAAP Financial Measures,” below for additional information about adjusted net income and adjusted net income per share.

    “As we announced today, we’re planning to significantly increase production capacity in Arkansas and Vietnam in order to continue to benefit from the growing customer demand for rebalancing their contract manufacturing. We believe these initiatives should help mitigate the adverse impact and uncertainties surrounding the recently announced tariffs on goods manufactured in China and Mexico,” said Brett Larsen, President and CEO.

    “We are disappointed with the unexpected decline in revenue in the second quarter of fiscal 2025, however, we expect our revenue and earnings to improve in the third quarter of fiscal year 2025 as strategic initiatives undertaken in previous quarters come to fruition. We’re actively streamlining our international and domestic operations, with further headcount reductions to enhance efficiency, building on similar actions a year ago. We’re also pleased to see our inventory levels being more in line with current revenue levels and expect that these strategic changes will improve our overall profitability in the longer term.”  

    “At the same time, we continued to win new programs, such as aerospace systems and an energy resiliency technology program, which was recently announced. Once fully ramped, the latter program could generate annual revenue for us in excess of $60 million. We also closed on a long-term debt refinancing agreement during the quarter that expands available capital for growth. We believe Key Tronic remains well positioned for increased growth and profitability in coming periods.”

    The financial data presented for the second quarter of fiscal 2025 should be considered preliminary and could be subject to change, as the Company’s independent auditor has not completed their review procedures.

    Business Outlook

    Due to uncertainty in the economic and political environments related to the impact of recently announced potential tariffs, Key Tronic will not be issuing revenue or earnings guidance for the third quarter of fiscal year 2025.

    Conference Call

    Key Tronic will host a conference call to discuss its financial results at 2:00 PM Pacific (5:00 PM Eastern) today. A broadcast of the conference call will be available at www.keytronic.com under “Investor Relations” or by calling 888-394-8218 or +1-313-209-4906 (Access Code: 2254355). The Company will also reference accompanying slides that can be viewed with the webcast at www.keytronic.com under “Investor Relations”. A replay will be available at www.keytronic.com under “Investor Relations”.

    About Key Tronic

    Key Tronic is a leading contract manufacturer offering value-added design and manufacturing services from its facilities in the United States, Mexico, China and Vietnam. The Company provides its customers with full engineering services, materials management, worldwide manufacturing facilities, assembly services, in-house testing, and worldwide distribution. Its customers include some of the world’s leading original equipment manufacturers. For more information about Key Tronic visit: www.keytronic.com 

    Forward-Looking Statements

    Some of the statements in this press release are forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements include, but are not limited to those including such words as aims, anticipates, believes, continues, estimates, expects, hopes, intends, plans, predicts, projects, targets, will, or would, similar verbs, or nouns corresponding to such verbs, which may be forward looking. Forward-looking statements also include other passages that are relevant to expected future events, performances, and actions or that can only be fully evaluated by events that will occur in the future. Forward-looking statements in this release include, without limitation, the Company’s statements regarding its expectations with respect to financial conditions and results, including revenue and earnings, cost savings from headcount reduction and the Mexican Peso exchange rate, demand for certain products and the effectiveness of some of its programs, business from customers and programs, and impacts from operational streamlining and efficiencies, including reductions in inventories. There are many factors, risks and uncertainties that could cause actual results to differ materially from those predicted or projected in forward-looking statements, including but not limited to: the future of the global economic environment and its impact on our customers and suppliers; the success and timing of our expansion plans; the availability of components from the supply chain; the availability of a healthy workforce; the accuracy of suppliers’ and customers’ forecasts; development and success of customers’ programs and products; timing and effectiveness of ramping of new programs; success of new-product introductions; the risk of legal proceedings or governmental investigations relating to the previously reported financial statement restatements and related material weaknesses, the May 2024 cybersecurity incident and the subject of the internal investigation by the Company’s Audit Committee and related or other unrelated matters; acquisitions or divestitures of operations or facilities; technology advances; changes in pricing policies by the Company, its competitors, customers or suppliers; impact of new governmental legislation and regulation, including tax reform, tariffs and related activities, such trade negotiations and other risks; and other factors, risks, and uncertainties detailed from time to time in the Company’s SEC filings.

    Non-GAAP Financial Measures

    To supplement our consolidated financial statements, which are prepared in accordance with generally accepted accounting principles in the United States (GAAP), we use certain non-GAAP financial measures, adjusted net income and adjusted net income per share, diluted. We provide these non-GAAP financial measures because we believe they provide greater transparency related to our core operations and represent supplemental information used by management in its financial and operational decision making. We exclude (or include) certain items in our non-GAAP financial measures as we believe the net result is a measure of our core business. We believe this facilitates operating performance comparisons from period to period by eliminating potential differences caused by the existence and timing of certain income and expense items that would not otherwise be apparent on a GAAP basis. Non-GAAP performance measures should be considered in addition to, and not as a substitute for, results prepared in accordance with GAAP. We strongly encourage investors and shareholders to review our financial statements and publicly-filed reports in their entirety and not to rely on any single financial measure. Our non-GAAP financial measures may be different from those reported by other companies. See the table below entitled “Reconciliation of GAAP to non-GAAP measures” for reconciliations of adjusted net income to the most directly comparable GAAP measure, which is GAAP net income, and the computation of adjusted net income per share, diluted.

             
    CONTACTS:   Tony Voorhees   Michael Newman
        Chief Financial Officer   Investor Relations
        Key Tronic Corporation   StreetConnect
        (509)-927-5345   (206) 729-3625
             

    KEY TRONIC CORPORATION AND SUBSIDIARIES
    CONSOLIDATED STATEMENTS OF OPERATIONS
    (In thousands, except per share amounts)
    (Unaudited)

      Three Months Ended   Six Months Ended
      December 28, 2024   December 30, 2023   December 28, 2024   December 30, 2023
    Net sales $ 113,853     $ 147,847     $ 245,411     $ 297,959  
    Cost of sales   106,147       136,084       224,402       275,334  
    Gross profit   7,706       11,763       21,009       22,625  
    Research, development and engineering expenses   2,320       1,758       4,609       3,999  
    Selling, general and administrative expenses   6,507       6,057       13,077       11,841  
    Gain on insurance proceeds, net of losses                     (431 )
    Total operating expenses   8,827       7,815       17,686       15,409  
    Operating income (loss)   (1,121 )     3,948       3,323       7,216  
    Interest expense, net   3,904       2,961       7,167       5,972  
    Income (loss) before income taxes   (5,025 )     987       (3,844 )     1,244  
    Income tax benefit   (111 )     (97 )     (54 )     (175 )
    Net income (loss) $ (4,914 )   $ 1,084     $ (3,790 )   $ 1,419  
    Net income (loss) per share — Basic $ (0.46 )   $ 0.10     $ (0.35 )   $ 0.13  
    Weighted average shares outstanding — Basic   10,762       10,762       10,762       10,762  
    Net income (loss) per share — Diluted $ (0.46 )   $ 0.10     $ (0.35 )   $ 0.13  
    Weighted average shares outstanding — Diluted   10,762       10,889       10,762       10,889  
                                   

    KEY TRONIC CORPORATION AND SUBSIDIARIES
    CONSOLIDATED BALANCE SHEETS
    (In thousands)
    (Unaudited)

        December 28, 2024   June 29, 2024
    ASSETS        
    Current assets:        
    Cash and cash equivalents   $ 4,244     $ 4,752  
    Trade receivables, net of credit losses of $2,931 and $2,918     113,132       132,559  
    Contract assets     18,892       21,250  
    Inventories, net     100,709       105,099  
    Other, net of credit losses of $1,496 and $1,679     24,159       24,739  
    Total current assets     261,136       288,399  
    Property, plant and equipment, net     27,123       28,806  
    Operating lease right-of-use assets, net     13,829       15,416  
    Other assets:        
    Deferred income tax asset     19,287       17,376  
    Other     6,454       5,346  
    Total other assets     25,741       22,722  
    Total assets   $ 327,829     $ 355,343  
    LIABILITIES AND SHAREHOLDERSEQUITY        
    Current liabilities:        
    Accounts payable   $ 63,585     $ 79,394  
    Accrued compensation and vacation     6,218       6,510  
    Current portion of long-term debt     5,063       3,123  
    Other     18,904       15,149  
    Total current liabilities     93,770       104,176  
    Long-term liabilities:        
    Long-term debt, net     106,020       116,383  
    Operating lease liabilities     8,429       10,312  
    Deferred income tax liability     9       263  
    Other long-term obligations     114       219  
    Total long-term liabilities     114,572       127,177  
    Total liabilities     208,342       231,353  
    Shareholders’ equity:        
    Common stock, no par value—shares authorized 25,000; issued and outstanding 10,762 and 10,762 shares, respectively     47,367       47,284  
    Retained earnings     73,131       76,921  
    Accumulated other comprehensive loss     (1,011 )     (215 )
    Total shareholders’ equity     119,487       123,990  
    Total liabilities and shareholders’ equity   $ 327,829     $ 355,343  
             

    KEY TRONIC CORPORATION AND SUBSIDIARIES
    Reconciliation of GAAP to non-GAAP measures
    (In thousands, except per share amounts)
    (Unaudited)

      Three Months Ended   Six Months Ended
      December 28, 2024   December 30, 2023   December 28, 2024   December 30, 2023
    GAAP net income (loss) $ (4,914 )   $ 1,084     $ (3,790 )   $ 1,419  
    Gain on insurance proceeds (net of losses)                     (431 )
    Stock-based compensation expense   16       53       83       112  
    Write-off of unamortized loan fees   1,012             1,012        
    Income tax effect of non-GAAP adjustments (1)   (206 )     (11 )     (219 )     64  
    Adjusted net income (loss): $ (4,092 )   $ 1,126     $ (2,914 )   $ 1,164  
                   
    Adjusted net income (loss) per share — non-GAAP Diluted $ (0.38 )   $ 0.10     $ (0.27 )   $ 0.11  
    Weighted average shares outstanding — Diluted   10,762       10,889       10,762       10,889  
                   
    (1) Income tax effects are calculated using an effective tax rate of 20%, which approximates the statutory GAAP tax rate for the presented periods.        

    The MIL Network

  • MIL-OSI: Key Tronic Corporation Plans to Expand Operations in Arkansas and Vietnam

    Source: GlobeNewswire (MIL-OSI)

    SPOKANE VALLEY, Wash., Feb. 04, 2025 (GLOBE NEWSWIRE) — Key Tronic Corporation (Nasdaq KTCC), a world class provider of manufacturing and design engineering services, today announced that it plans to significantly increase production capacity in Arkansas and Vietnam in order to continue to benefit from the growing customer demand for rebalancing their contract manufacturing. This expansion is also expected to help mitigate the adverse impact and uncertainties surrounding the recently announced tariffs on goods manufactured in China and Mexico.

    In Arkansas, the Company has signed a new lease to significantly increase the size of its current manufacturing footprint by June 2025. In Vietnam, Key Tronic has ample space in its current facility and plans to double its manufacturing capacity by September 2025 with a significant investment in capital equipment.

    “Our customers are very excited about our plans to increase our production capacity capabilities in the US and in Vietnam,” said Brett Larsen, President and CEO of Key Tronic Corporation. “These initiatives reflect the longstanding trend to nearshore production away from China, and may also help address the potential adverse impact of tariff increases. Our US-based production provides customers with outstanding flexibility, engineering support, and ease of communications, and our Vietnam-based production offers the high-quality, low-cost choice that was associated with China in the past. In the coming months, we’ll have more to say about these expansions.”

    About Key Tronic

    Key Tronic is a leading design engineering and contract manufacturer offering value-added design and manufacturing services from its facilities in the United States, Mexico, China and Vietnam. Key Tronic provides its customers full engineering services, materials management, worldwide manufacturing facilities, assembly services, in-house testing, and worldwide distribution. Its customers include some of the world’s leading original equipment manufacturers. For more information about Key Tronic visit: www.keytronic.com.

    Forward-Looking Statements

    Some of the statements in this press release are forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, including Key Tronic’s opportunities and its partnership, the potential success of Key Tronic and the customer, and related revenues. Forward-looking statements include all passages containing verbs such as aims, anticipates, believes, estimates, expects, hopes, intends, plans, predicts, projects or targets or nouns corresponding to such verbs.  Forward-looking statements also include other passages that are primarily relevant to expected future events or revenue or that can only be fully evaluated by events that will occur in the future.  There are many factors, risks and uncertainties that could cause actual results to differ materially from those predicted or projected in forward-looking statements, including but not limited to: the success and timing of our expansion plans; the success and timing of ramping; availability and timing and receipt of critical parts or components; demand from customers and sales channels; the future of the global economic environment and its impact on our customers and suppliers; the availability of a healthy workforce; the accuracy of suppliers’ and customers’ forecasts; development and success of customers’ programs and products; success of new-product introductions; the risk of legal proceedings or governmental investigations relating to the previously reported financial statement restatements and related material weaknesses, the May 2024 cybersecurity incident and the subject of the internal investigation by the Company’s Audit Committee and related or other unrelated matters; acquisitions or divestitures of operations or facilities; technology advances; changes in pricing policies by the Company, its competitors, customers or suppliers; impact of new governmental legislation and regulation, including tax reform, tariffs and related activities, such trade negotiations and other risks; and other factors, risks, and uncertainties detailed from time to time in the Company’s SEC filings.

             
    CONTACTS:   Anthony G. Voorhees   Michael Newman
        Chief Financial Officer   Investor Relations
        Key Tronic Corporation   StreetConnect
        (509) 927-5345   (206) 729-3625
             

    The MIL Network

  • MIL-OSI Submissions: Asia-Pacific region to chart bold path for migration governance

    Source: United Nations – ESCAP

    The second Regional Review of the Global Compact for Safe, Orderly and Regular Migration (GCM) in Asia and the Pacific opened today with a call for migration policies that prioritize the needs and rights of migrants while ensuring broad collaboration across governments, communities and key stakeholders.  

    The region, home to over 40 per cent of the world’s international migrants, is witnessing significant shifts driven by demographic changes, rapid digital transformation and the increasing effects of climate change and other crises. Intraregional migration remains predominant, with 70 per cent of migrants moving within the region.

    Much of international migration is propelled by the search for decent work, with women migrants playing a critical yet often undervalued role in sectors such as care and domestic work. Children also make up a significant proportion of migrants in the region, with unique needs for services and protection due to their heightened vulnerability.  

    “Migration, if managed in a well-informed, planned and voluntary manner, with full respect and protection of human rights, can bring benefits to all. Migrants should have their potential fully harnessed to play key roles in enhancing sustainable development in countries of origin and destination,” said Armida Salsiah Alisjahbana, United Nations Under-Secretary-General and Executive Secretary of the Economic and Social Commission for Asia and the Pacific (ESCAP) in her opening remarks.

    “With over 40 per cent of the world’s migrants calling Asia and the Pacific home, the region has a unique opportunity to lead by example—expanding regular pathways, protecting lives and ensuring migration benefits all,” said Catalina Devandas, representing IOM Director General Amy Pope in her capacity as Coordinator of the UN Network on Migration.
     
    Expected outcomes and commitments

    Over the next three days, participants will share progress, challenges and good practices in implementing the 23 objectives of the GCM. Discussions will focus on the critical role of migrants in the region’s resilience and sustainable development, particularly in light of lessons learned during the COVID-19 pandemic.

    “In host countries, migrants bring with them not only the needed manpower, but also skills, expertise and social interactions, that can help accelerate economic and social development. Meanwhile, home countries can enjoy the economic boost from remittances from migrant workers and diaspora,” shared Eksiri Pintaruchi, Permanent Secretary for Foreign Affairs of Thailand.

    Speaking on behalf of the Stakeholder Action Group, migrant domestic worker and member of the International Domestic Workers Federation Nasrikah highlighted the importance of having segregated data on migration to inform policymakers on the key needs and situations of migrants and their families and take action based on analysis and true stories of unsafe migration.

    Recognizing the importance of addressing the interconnected challenges shaping migration dynamics such as rapid digital transformation, climate change, demographic shifts and economic disparities, several key commitments are expected to emerge from the review including:

    Protecting migrants’ rights and saving lives: Governments are expected to renew their commitments to policies that uphold migrants’ rights, promote gender equality, tackle discrimination and ensure access to health care, education, decent work and social protection for all migrants, including their children.
    Using technology to improve migration systems: Key priorities include reducing remittance transfer costs, promoting digital and financial inclusion, closing gender gaps in financial access, simplifying migration processes and increasing transparency
    Preparing for crises and climate impacts: Governments are expected to recognize the need for migration policies that help migrants and communities better withstand climate change, economic shocks and health emergencies, using reliable, timely and disaggregated data.
    Strengthening regional cooperation: The meeting will highlight cross-border collaboration, stronger partnerships and meaningful engagement with migrants, civil society, women’s rights organizations and the private sector to improve migration governance.

    The outcomes of this meeting will contribute to global discussions at the 2026 International Migration Review Forum. Governments are also expected to reaffirm their commitment to aligning migration governance with the Sustainable Development Goals, recognizing that protecting all migrants and enabling their full contributions to society are essential to achieving the 2030 Agenda for Sustainable Development.

    Note to Editor:
    The second Regional Review benefited from insights shared in the Asia-Pacific Migration Report 2024, developed by ESCAP and the Regional United Nations Network on Migration for Asia and the Pacific, as well as extensive stakeholder consultations held in its lead-up.
     
    For more information: https://www.unescap.org/events/2025/second-asia-pacific-regional-review-implementation-global-compact-safe-orderly-and

    MIL OSI – Submitted News

  • MIL-OSI USA: Wyden, Merkley, Crapo, and Risch Push to Reauthorize Program Supporting Rural Counties in Oregon, Idaho and Nationwide

    US Senate News:

    Source: United States Senator Ron Wyden (D-Ore)

    February 04, 2025

    Washington, D.C.— U.S. Senators Ron Wyden and Jeff Merkley (both D-Ore.) said today that they along with U.S. Senators Mike Crapo and Jim Risch (both R-Idaho) and 17 other Senate colleagues have reintroduced bipartisan legislation that would reauthorize the Secure Rural Schools and Self-Determination Program (SRS) administered for counties hosting both U.S. Forest Service and Bureau of Land Management forested lands through Fiscal Year 2026. 

    “This is urgent business for the Oregonians living and working in counties that have long depended on millions of dollars from these federal funds for local schools, roads, law enforcement and more,” said Wyden, who co-authored the bipartisan SRS legislation in 2000.  “I’m glad this bill is being reintroduced right at the start of this new Congress in this bipartisan spirit, and I strongly urge our House colleagues to act with the same urgency and bipartisan ethic to reconnect this proven lifeline ASAP for rural communities in Oregon and nationwide.”

    “Our bipartisan bill provides reliable funding that is crucial to keeping schools and libraries open, maintaining roads, restoring watersheds, and ensuring there are police officers and firefighters to keep rural?communities safe,”?said Merkley.  “Congress must swiftly pass this bill to extend the SRS program so Oregon communities can maintain access to these important lifelines and resources.” 

    “The SRS program is a vital lifeline for rural counties where federal lands generate insufficient revenue for important local services,” said Crapo.  “Failure to reauthorize the program puts most of Idaho’s counties in a precarious position with a lack of funding for schools, road maintenance, public safety, and search and rescue operations.  I urge both the Senate and House to take up this measure expeditiously, and remain committed to finding a viable long-term solution that provides more certainty to rural county governments in the future.”

    “Idaho’s counties rely on SRS funding for schools and road maintenance,” said Risch. “The federal government made a promise to rural communities, and until we can bring historic timber revenue back to these areas, Congress has an obligation to fulfill that promise. Congress must immediately reauthorize SRS.”

    “Reauthorizing Secure Rural Schools for three years will help counties with large tracts of federal forests meet the needs of residents and visitors,” said National Association of Counties Executive Director Matthew Chase.  “Without SRS, counties would face, on average, an 80 percent drop in resources for infrastructure improvement, education programs and forest health projects.  Many rural counties and school districts are already making difficult decisions due to a lack of funds. Counties applaud the leadership of Senators Crapo and Wyden and look forward to prompt passage of this vital legislation.”

    Additional co-sponsors of the bill include Senators Dan Sullivan (R-Alaska), Jacky Rosen (D-Nevada), Shelley Moore Capito (R-West Virginia), Jeanne Shaheen (D-New Hampshire), Steve Daines (R-Montana), Mark Kelly (D-Arizona), Josh Hawley (R-Missouri), Maggie Hassan (D-New Hampshire), John Curtis (R-Utah), Patty Murray (D-Washington), Rick Scott (R-Florida), Amy Klobuchar (D-Minnesota), Tim Sheehy (R-Montana), Michael Bennet (D-Colorado), Lisa Murkowski (R-Alaska), Jim Justice (R-West Virginia) and Catherine Cortez Masto (D-Nevada).

    Wyden, Merkley, Crapo, and Risch introduced the legislation in the 118th Congress and the Senate unanimously passed it in November 2024.  It did not receive a vote in the U.S. House of Representatives before the end of the Congress.  The program needs to be reauthorized as soon as possible to avoid a gap in funding for rural counties that rely on the program for much-needed services.

    Congress enacted SRS in 2000 to financially assist counties with public, tax-exempt forestlands.  The U.S. Forest Service and the U.S. Bureau of Land Management administer the funds.  The totals are based on a formula including economic activity, timber harvest levels and other considerations that vary from county to county.  SRS payments are critical to maintain education programs for many rural counties that contain federal lands exempt from property taxes.

    Text of the bill is here.

    MIL OSI USA News

  • MIL-OSI USA: February 4th, 2025 Heinrich Announces Appropriations Committee Assignments for 119th Congress

    US Senate News:

    Source: United States Senator for New Mexico Martin Heinrich

    Heinrich named Ranking Member of the Senate Appropriations Subcommittee on the Legislative Branch

    WASHINGTON — Today, U.S. Senator Martin Heinrich (D-N.M.) announced his assignments on the Senate Appropriations Committee for the 119th Congress. Heinrich’s positions on the Appropriations Committee allow him to directly advocate for and deliver investments that improve New Mexicans’ safety, well-being, and quality of life.

    “As a member of the Senate Appropriations Committee, I have delivered hundreds of millions of dollars in investments to New Mexico, helping to lower costs for working families, grow local economies, and create jobs New Mexicans can build their families around. Our appropriations bills are essential to New Mexico’s economy. They support our local law enforcement, fire departments, hospitals, schools, newborns, elders and veterans, and help keep communities safe across New Mexico.

    “I will stand up to anybody who tries to prevent investments I’ve secured from reaching New Mexicans. The Constitution is clear: the president cannot override, delay, or rescind Congress’s funding laws. Donald Trump’s attacks on federal funding for our state cannot stand.”

    Heinrich has been assigned to the following Senate Appropriations Subcommittees:

    • Agriculture, Rural Development, Food and Drug Administration, and Related Agencies Subcommittee
    • Energy and Water Development Subcommittee
    • Interior, Environment, and Related Agencies Subcommittee
    • Military Construction, Veterans Affairs, and Related Agencies Subcommittee
    • Legislative Branch Subcommittee

    Heinrich will be Ranking Member of the Senate Appropriations Subcommittee on the Legislative Branch, which oversees the funding of:

    • Joint Committee on Taxation
    • Joint Economic Committee
    • Congressional Budget Office
    • Government Accountability Office
    • Architect of the Capitol
    • Books for the Blind and Physically Handicapped (Library of Congress)
    • Botanic Garden (Architect of the Capitol)
    • Capitol Police
    • Congressional Research Service (Library of Congress)
    • Copyright Office (Library of Congress)
    • Government Publishing Office
    • House of Representatives
    • John C. Stennis Center for Public Service, Training, and Development
    • Joint Congressional Committee on Inaugural Ceremonies
    • Library of Congress
    • Office of Compliance
    • Office of Congressional Accessibility Services
    • Office of the Attending Physician
    • Open World Leadership Center Trust Fund
    • Senate

    This will be Heinrich’s third Congress serving on the U.S. Senate Committee on Appropriations.

    Heinrich’s Committee assignments for the 119th Congress:

    In the 119th Congress, Heinrich is serving as Ranking Member for the Senate Energy and Natural Resources (ENR) Committee. The ENR Committee plays a critical role in setting national energy policies and managing our nation’s public lands within the U.S. Department of the Interior and the U.S. Forest Service. The Committee also oversees the U.S. Department of Energy and has jurisdiction over U.S. territories and nuclear waste policy.

    Heinrich will continue to serve on the U.S. Senate Appropriations Committee, the U.S. Senate Select Committee on Intelligence, and the U.S. Congress Joint Economic Committee.

    Heinrich will also serve as Co-Chair of the Senate Artificial Intelligence (AI) Caucus, the Senate Fusion Energy Caucus, the Bicameral Electrification Caucus, the International Conservation Caucus, and the Senate Outdoor Recreation Caucus. Heinrich will serve as a member of the Congressional Sportsmen’s Caucus, Senate Democratic Hispanic Task Force, National Service Congressional Caucus, Congressional Dietary Supplement Caucus, and the Congressional Directed Energy Caucus.

    MIL OSI USA News

  • MIL-OSI United Nations: Call for Applications: Independent Scientific Panel on Effects of Nuclear War

    Source: United Nations General Assembly and Security Council

    NEW YORK, 4 February 2025 (Office for Disarmament Affairs) — The United Nations Office for Disarmament Affairs is issuing a public call for candidates to serve on an independent Scientific Panel on the Effects of Nuclear War. 

    The Panel, created by General Assembly resolution A/RES/79/238, will examine the physical effects and societal consequences of a nuclear war on a local, regional and planetary scale.  Potential Panel members are expected to have the necessary expertise to assess the climatic, environmental, radiological and other relevant effects of nuclear war, and its impact on public health, global socioeconomic systems, agriculture and ecosystems.  The Panel has been tasked with publishing a comprehensive report by 2027, making key conclusions and identifying areas for future research.

    Nuclear weapons are the most devastating weapons ever invented and the only weapons with potentially existential consequences.  Just one nuclear weapon can destroy a whole city, potentially killing millions, and jeopardizing the natural environment and lives of future generations through its long-term catastrophic effects.  Despite decades of nuclear disarmament, non-proliferation and arms control efforts, there remain approximately 12,500 such weapons in the world today.

    It has been almost four decades since the last United Nations study on the effects of nuclear war.  Since then, climactic and scientific modeling tools have significantly progressed, and with them, the potential to better understand the effects of a nuclear war, and to provide an updated, comprehensive scientific assessment of the effects and consequences of such a war.

    The Office for Disarmament Affairs is seeking individuals with expertise in one of the following seven key areas:  nuclear and radiation studies; atmospheric sciences and climate; earth and life sciences; environment and environmental studies; agriculture, biology and life sciences; public health and medicine; and behavioural and social sciences and applied economics.

    A link for experts to self-nominate, along with criteria for consideration, can be found at https://disarmament.unoda.org/panel-on-the-effects-of-nuclear-war/.  Applications will be accepted until 1 March.

    MIL OSI United Nations News

  • MIL-OSI USA: SBA Opens Additional Recovery Center in Georgia to Assist Debby and Helene Businesses:

    Source: United States Small Business Administration

    ATLANTA – The U.S. Small Business Administration (SBA) will open a Business Recovery Center (BRC) in Jeff Davis County, Feb. 3, to assist small businesses and private nonprofit (PNP) organizations who sustained physical damage and economic losses caused by Tropical Storm Debby and Hurricane Helene.

    Customer service representatives will be on hand at the BRC to answer questions about the SBA’s disaster loan program, assist business owners with completing their disaster loan application, and provide updates on applicant’s status. Walk-ins are accepted, but you can schedule an in-person appointment in advance at appointment.sba.gov. The BRC hours of operation is listed below.

    Business Recovery Center (BRC)

    Jeff Davis County

    Jeff Davis Recreational Department

    83 Buford Rd.

    Hazlehurst, GA 31539

    Hours:     Monday – Friday, 9 a.m. to 6 p.m.,

    Saturday, 9 a.m. to 4 p.m., Closed: Sunday  

    Businesses and PNPs are eligible to apply for business physical disaster loans and may borrow up to $2 million to repair or replace disaster-damaged or destroyed real estate, machinery and equipment, inventory, and other business assets.

    Applicants may be eligible for a loan increase of up to 20% of their physical damages, as verified by the SBA, for mitigation purposes. Eligible mitigation improvements include insulating pipes, walls and attics, weather stripping doors and windows, and installing storm windows to help protect property and occupants from future disasters.

    The SBA also offers Economic Injury Disaster Loans (EIDLs) to help meet working capital needs, such as ongoing operating expenses for small businesses and PNPs.  EIDL assistance is available regardless of whether the organization suffered any physical property damage.

    Interest rates are as low as 4% for businesses and 3.25% for PNPs, with terms up to 30 years. Interest does not begin to accrue, and payments are not due, until 12 months from the date of the first loan disbursement. The SBA sets loan amounts and terms, based on each applicant’s financial condition.

    With the changes to FEMA’s Sequence of Delivery, survivors are now encouraged to simultaneously apply for FEMA grants and the SBA low-interest disaster loan assistance to fully recover. FEMA grants are intended to cover necessary expenses and serious needs not paid by insurance or other sources. The SBA disaster loan program is designed for your long-term recovery, to make you whole and get you back to your pre-disaster condition. Do not wait on the decision for a FEMA grant; apply online and receive additional disaster assistance information at sba.gov/disaster.

    Applicants may also call the SBA’s Customer Service Center at (800) 659-2955 or send an email to disastercustomerservice@sba.gov for more information on SBA disaster assistance. For people who are deaf, hard of hearing, or have a speech disability, please dial 7-1-1 to access telecommunications relay services.

    The filing deadline to return applications for physical property damage for Tropical Storm Debby and Hurricane Helene is Feb. 7, 2025. The deadline to return economic injury applications for Tropical Storm Debby is June 24, 2025, and for Hurricane Helene is June 30, 2025.  

    ###

    About the U.S. Small Business Administration

    The U.S. Small Business Administration helps power the American dream of business ownership. As the only go-to resource and voice for small businesses backed by the strength of the federal government, the SBA empowers entrepreneurs and small business owners with the resources and support they need to start, grow or expand their businesses, or recover from a declared disaster. It delivers services through an extensive network of SBA field offices and partnerships with public and private organizations. To learn more, visit www.sba.gov. 

    MIL OSI USA News

  • MIL-OSI Global: Trump’s tariff gambit: As allies prepare to strike back, a costly trade war looms

    Source: The Conversation – USA – By Bedassa Tadesse, Professor of Economics, University of Minnesota Duluth

    On Saturday, Feb. 1, 2025, U.S. President Donald Trump announced a plan to slap steep tariffs on imports from key American trading partners – 25% on goods from Mexico and Canada and 10% on imports from China. His stated reason? To curb illegal immigration and drug trafficking.

    Both Mexico and Canada managed to buy some time. After urgent phone calls with Trump on Feb. 3, their leaders each secured a one-month reprieve. But Mexico’s Claudia Sheinbaum and Canada’s Justin Trudeau also made it clear to their U.S. counterpart: If these tariffs go through, they’ll hit back with their own trade restrictions. The world is watching the opening moves of what could become another costly trade war.

    As a professor of economics, I can explain why this poses significant risks to the U.S. economy and American consumers. Economic theory suggests that tariffs distort market efficiency, raising production costs while limiting consumer choice and increasing prices.

    Who really pays for tariffs?

    While politicians often frame tariffs as a way to punish other countries, they actually hit domestic consumers and businesses hardest. Whether they’re facing higher grocery bills or disruptions in manufacturing, Americans will feel the strain.

    When tariffs are imposed, companies must either absorb the additional costs – cutting into profits and potentially threatening jobs – or pass these costs to consumers through higher prices. Small businesses operating on thin profit margins are particularly vulnerable, as many lack the resources to quickly switch suppliers.

    Tariffs trigger costly retaliation

    Worse yet, such measures commonly set off a cycle of retaliation. During past trade disputes involving the U.S., affected nations have responded with counter-tariffs on American products, including textiles, steel and agricultural goods. Such retaliatory efforts have led to sharp declines in U.S. exports.

    During the first Trump administration, for example, China imposed retaliatory tariffs on U.S. agricultural exports. As a result, the U.S. farmers lost billions of dollars, and the U.S. spent billions in government aid to offset those losses. China has already issued new tariffs on imports of U.S. goods and export controls on some of its exports to the U.S. to retaliate for Trump’s current move.

    History also shows that trade wars are self-defeating. The Smoot-Hawley Tariff Act of 1930, which imposed tariffs on over 20,000 imported goods, prompted swift retaliation from trading partners and contributed to deepening the Great Depression.

    Modern trade wars have other consequences

    Modern trade wars hit closer to home than most Americans realize. The recent tariff threat against Colombia reveals why. In 2023, Colombian farmers supplied US$1.14 billion worth of fresh-cut flowers to U.S. florists. In a near-crisis that lasted a weekend, Trump threatened to slap steep tariffs on the South American nation, right when flower shops across America were stocking up for one of their busiest seasons: Valentine’s Day.

    The same tariffs would have hit Colombian coffee too, affecting everything from neighborhood cafes to grocery store prices. This shows how modern trade disputes can instantly disrupt the everyday purchases Americans make.

    Other key trading partners, including the European Union, have also come into the crosshairs. On Jan. 30, 2025, the president issued a stark warning to Brazil, Russia, India, China and South Africa – the so-called BRICS nations – threatening 100% tariffs if they continued efforts to reduce reliance on the U.S. dollar as their reserve currency.

    These threats can do more than alienate strategic partners; they risk accelerating dedollarization – pushing nations to develop alternative financial systems that weaken U.S. influence in global trade.

    A more effective approach

    Beyond causing immediate economic pain, constant tariff threats risk damaging America’s credibility as a reliable trading partner. The U.S. helped establish the rules-based international trading system, but regular tariff threats erode global trust and push trading partners to seek alternatives to the U.S. market.

    The reality is clear: No country in the modern era has successfully used tariffs to grow its economy or improve the well-being of its people. The countries that are most dependent on tariff revenues for their national budgets are among the world’s poorest and least developed economies.

    I believe the path to maintaining America’s economic leadership lies in embracing a smarter, more strategic trade policy – one that builds alliances instead of breaking them. A strategy that prioritizes negotiation, fosters innovation and enhances competitiveness – and that doesn’t rely on protectionist tactics more often used by developing nations – would strengthen cooperation and stability, ensuring long-term economic prosperity.

    Bedassa Tadesse does not work for, consult, own shares in or receive funding from any company or organization that would benefit from this article, and has disclosed no relevant affiliations beyond their academic appointment.

    ref. Trump’s tariff gambit: As allies prepare to strike back, a costly trade war looms – https://theconversation.com/trumps-tariff-gambit-as-allies-prepare-to-strike-back-a-costly-trade-war-looms-248980

    MIL OSI – Global Reports

  • MIL-OSI Global: Trump’s opening tariff salvo will hurt US consumers − following through on Canada, Mexico threats will increase the price pain

    Source: The Conversation – USA – By Jason Reed, Associate Teaching Professor of Finance, University of Notre Dame

    If U.S. voters reelected Donald Trump hoping for relief from higher prices, his recent threats to impose tariffs on America’s three largest trade partners might make them think again.

    On Saturday, Feb. 1, Trump announced 25% tariffs on Canada and Mexico and 10% tariffs on China, which he said would take effect on Tuesday, Feb. 4. While markets braced for the news to some degree, they still saw a steep premarket sell-off on Monday, Feb. 3, followed by morning volatility.

    While Canada and Mexico negotiated monthlong reprieves on Monday, the new tariffs on China went into effect as expected Tuesday, Feb. 4. And while the ultimate shape of Trump’s tariff policy remains to be seen, the president warned that American consumers could feel “some pain” as a result.

    Given my training as an economist and finance professor, I think Trump could be right on that score. In fact, if the tariffs go into effect, they could spell disaster for the Federal Reserve’s inflation reduction efforts.

    From grocery stores to homes

    U.S. consumers might be surprised to find out that almost every economic sector could be affected by this opening salvo of tariffs, should they go ahead in March. Imports from Mexico and Canada reached close to US$1 trillion in 2024, almost double the amount the U.S. imports from China.

    The U.S. is particularly reliant on Mexico for fresh fruits and vegetables, and on Canada for lumber. So if the tariffs go into effect, Americans who have been waiting for home prices to ease may have to continue waiting, as tariffs on lumber and other building materials could worsen the affordable-housing crunch. And let’s not even talk about avocado prices.

    Meanwhile, the 10% tariffs on Chinese goods will likely boost the price of electronics, and China has already imposed retaliatory measures. Trump has also proposed 25% tariffs on Taiwan and its semiconductor industry, in an attempt to push Taiwanese companies to invest more in U.S. manufacturing. If that tariff were to go into effect, prices for U.S. consumers would be even higher.

    A tax by any other name …

    Tariffs are an import tax. They’re passed through the supply chain in the form of higher prices and are eventually paid by consumers. Traditionally, governments have used tariffs as a fiscal tool to encourage businesses and consumers to move away from foreign-made products and support domestic businesses instead.

    In theory, new tariffs could encourage foreign businesses to invest in the U.S. and make more stuff on American soil. Unfortunately, domestic manufacturing has seen a systemic decline since the 1980s, resulting in lower prices for consumers but severely limiting U.S.-produced products. In the short term, at least, import taxes on Canadian, Mexican and Chinese products would ultimately be paid by U.S. consumers.

    Although this round of tariff threats may seem arbitrary to some, the Trump administration says it considers tariffs deeply intertwined with national security concerns. Stephen Miran, Trump’s pick to chair the president’s Council of Economic Advisers, has laid out a path for Trump’s tariff plan, which he says is aimed at putting American industry on fairer ground against the rest of the world.

    In the long term, it’s unclear whether Trump’s threatened trade war will bring domestic manufacturing back to the U.S. and start a new industrial renaissance. In the meantime, American consumers will likely be stuck holding the bag.

    Jason Reed does not work for, consult, own shares in or receive funding from any company or organization that would benefit from this article, and has disclosed no relevant affiliations beyond their academic appointment.

    ref. Trump’s opening tariff salvo will hurt US consumers − following through on Canada, Mexico threats will increase the price pain – https://theconversation.com/trumps-opening-tariff-salvo-will-hurt-us-consumers-following-through-on-canada-mexico-threats-will-increase-the-price-pain-248991

    MIL OSI – Global Reports

  • MIL-OSI New Zealand: New infrastructure research can aid disaster preparedness

    Source: New Zealand Infrastructure Commission

    New research from the New Zealand Infrastructure Commission, Te Waihanga shows how insurance can help us to manage natural hazard risks and choose how to prepare infrastructure for a changing climate.
    “New Zealand has experienced some significant natural events in recent years,” says the Commission’s General Manager Strategy, Peter Nunns. “In dollar terms alone, we’ve seen at least $10 billion in infrastructure rebuilding costs from two large earthquakes and two storms since 2012. And that doesn’t of course include the impact of these events on people’s lives and businesses or the economy.”
    Nunns says that not only is the likelihood and size of events such as storms expected to grow in coming years, but the replacement cost of infrastructure is growing too.
    “On an inflation-adjusted, per-person basis, public infrastructure is now worth 70% more that it was in 1990. So, the cost of replacing it after a natural disaster is rising at the same time as the likelihood of a disaster is rising. It’s more important than ever to make good decisions about when and how to reduce risks and minimise costs.”
    The Commission’s report Invest or insure? Preparing infrastructure for natural hazards looks at how insurance can help us decide if, when and by how much to invest in infrastructure adaptation or resilience.
    The report shows that insurance prices rise as risks to assets, like the chance of flooding, and the cost to repair or re-build go up. Investing to make infrastructure more resilient or adapt to changing risks can bring down the cost of insurance. When infrastructure providers measure their risks and price them through insurance, they can make better risk management decisions by looking at whether the cost of resilience investments are matched by benefits from lower insurance premiums.
    Providers must also factor in other costs – such as risks to public safety or damage caused by the failure of their infrastructure. These economic and social consequences can also be added to the providers’ insurance / resilience appraisal.
    However, Nunns says that overall New Zealand has an incomplete picture of the hazards it faces, the risks these pose for our infrastructure, and how these are being managed. For instance, the last time a review of insurance coverage for public assets was undertaken – over 10 years ago – it found that less than half of public assets were insured.
    “This is challenging, as our research shows that, in addition to helping to smooth out the costs of responding to natural hazards, insurance can also help infrastructure providers make better decisions about when and how to reduce risk and minimise costs.”
    “Risks change over time. A risk management decision made yesterday might not be the best decision for tomorrow. It’s important that infrastructure providers consider this in their long-term asset management planning.”
    Report key findings
    – There is no single best approach to managing natural hazard risk to infrastructure. Instead, the optimal approach will vary depending on many factors, including likelihood and consequence of the hazard, and the relative cost of different options in different situations.
    – To manage risk well, infrastructure providers need to have a good understanding of their assets and the risks to which they are exposed. They will also need the capability to assess their options and optimise their response to risks from natural hazards. However, at a national level, we lack comprehensive and consistent hazard data for providers to use to assess their risk.
    – Quantifying risk and/or pricing it through insurance premiums, can help clarify the optimal risk management approach for infrastructure assets. Optimal resilience investments should reduce risk management costs, compared to continuing to pay risk related insurance premiums. When resilience investments are more costly than insuring risk, they may not be warranted.
    – The optimal level of resilience will depend on the relative cost of resilience investments compared to the expected cost of (and the benefits we get from) the assets being protected. We can increase the case for resilience investment by focusing on keeping infrastructure delivery costs down. Conversely, rising infrastructure delivery costs will erode the case for resilience investments.
    Background notes
    – Our understanding of both the probability and severity of natural hazards continues to improve as scientific research progresses. Improving our scientific understanding and investigating hazards in more detail sometimes results in increased estimates of risk. For example, pre-2021 modelling estimated that there was a 30% chance of a major earthquake on the Alpine Fault over the next 50 years. More recent research has estimated the probability to be much higher, with a 75% probability of occurring over the next 50 years.
    – In some cases, the underlying risks are also changing as climate change is expected to make severe weather events both more frequent and more severe.
    – In recent decades, New Zealand has experienced annual reported losses equal to almost 0.6% of gross domestic product (GDP). These losses mainly reflect damage to residential property and businesses, as well as damage to infrastructure.
    – Already, natural disasters cost New Zealanders more as a share of GDP than anyone else except Chileans. Some hazards will grow significantly in their frequency and intensity as our climate changes over the next 30-80 years.

    MIL OSI New Zealand News

  • MIL-OSI USA: State Lawmakers, Lt. Governor Primavera & Colorado Health Care Workers & Providers to Discuss Comprehensive Plans to Protect Safety-Net Providers, Save People Money on Health Care

    Source: US State of Colorado

    Safety Net Providers on The Frontlines of Serving Communities in Denver and Across Colorado Are Nearing Financial Crisis

    DENVER — Today, as community health centers and other vital providers struggle to stay open amid tightening budgets, jeopardizing care for many Coloradans, Lt. Governor Primavera partnered with Representative Kyle Brown, Colorado health care workers, and providers to discuss a forthcoming piece of legislation to address the growing cost challenges faced by safety net health care providers while reducing health care costs for state employees and small businesses.

    “We’ve made progress in lowering the cost of health care and insurance for hardworking families but the reality is Coloradans are still paying too much. More work is needed, especially to support our low-cost, high-quality community health clinics,” said Lt. Governor and Director of the Office of Saving People Money on Health Care, Dianne Primavera. “This new proposal is a common-sense solution that prioritizes affordability and access while ensuring our safety net providers can continue delivering care to those who need it most.”

    Coloradans with commercial insurance pay nearly three times what Medicare reimburses hospitals for the same care.

    Safety net providers include primary care and family clinics that provide critical health care to communities across Colorado – like seniors, hardworking families, and rural Coloradans.

    “We’ve made important progress to save Coloradans money on health care, and by tackling this issue, we can continue to drive down prices and reduce costs for Coloradans,” said Rep. Kyle Brown, D-Louisville. “New legislation I am sponsoring will support our local safety net providers, which often serve our more vulnerable community members, and save small businesses money on health care coverage. We’re making it easier for Coloradans to receive the high-quality health care they need, when they need it, while improving the financial health of our safety net and critical access providers.”

    “We’ve worked hard here in Colorado to bring down the cost of health care so that no matter how much you make or where you live, you can get affordable, quality care,” said Senator Jeff Bridges, D-Arapahoe County. “With this legislation, we’re taking an innovative and proven approach to fund our safety net providers across the state, who are often the only medical providers in their regions. At the same time, our bill will cut insurance premiums paid by small businesses and their employees. By capping hospital payments at an amount below what private insurance can negotiate, but still above what those hospitals need to cover their costs, we can protect our budget while putting those savings directly into the pockets of Coloradans.”

    “While our multi-year efforts have saved Coloradans money on health care, cost continues to be a barrier to access care in Colorado” said Rep. Emily Sirota, D-Denver. “This legislation supports Colorado’s safety net providers, such as community clinics, that provide essential health care to our most vulnerable community members. This bill will drive down costs to the state, save small businesses money, and boost health care access for our neighbors.”

    “This bill is an innovative way to reduce health care costs for all Coloradans – from our cities to our rural communities,” said Senator Iman Jodeh, D-Aurora. “The same medical test or procedure should cost roughly the same thing no matter where you get it or what type of insurance you have, but under current law, health care corporations and hospitals can charge different amounts to different people. This bill is a step toward prioritizing affordable, accessible care for all.”

    The new bill, which will be introduced in the coming days following additional stakeholder conversations, will support safety net providers and reduce costs for small businesses by:

    • Establishing reimbursement maximums for in-network (165% of Medicare) and out-of-network (150% of Medicare) on prices paid to certain hospitals through the state employee health plan and the small group market.
    • Establishing a floor for primary care and behavioral health services (135% of Medicare) through the state employee health plan and small group market.
    • A feasibility study is required to explore the option for local governments and school districts to participate in a similar reimbursement limit.

    The new bill will be introduced in the House. It will support safety net providers by redirecting funds to critical community health centers and providers that serve Coloradans where and when they need care. State employees and small business owners will save money on health care premiums and out-of-pocket costs without compromising care quality. This bill will also protect the state budget as tens of millions of dollars are expected to be diverted to the health care safety net and to help state employees with minimal impact on hospital margins.

    Similar policies in states like Oregon and Montana have proven effective, saving state employees money while relieving budget pressures. Colorado is poised to join these states in leading the charge for equitable and sustainable health care reform.

    ###

     

    MIL OSI USA News

  • MIL-OSI United Nations: Experts of the Committee on the Elimination of Discrimination against Women Commend the Democratic Republic of the Congo on Steps Taken to Provide Healthcare to Victims of Conflict-Related Sexual Violence, Ask about Reparations for Victims and the Protect

    Source: United Nations – Geneva

    The Committee on the Elimination of Discrimination against Women today concluded its consideration of the report of the Democratic Republic of the Congo on sexual violence in armed conflict in the eastern part of the country, presented under its exceptional reporting procedure. 

    Committee Experts commended the State for the healthcare delivered to victims of conflict-related sexual violence, while asking about reparations for victims and how women seeking firewood and other resources in nature reserves could be protected

    A Committee Expert congratulated the State party for steps taken in the areas of healthcare. The Committee hailed the adoption of decree 23/9, which provided for the creation of multisectoral care for survivors of sexual-related violence.  The establishment of mobile clinics in internally displaced persons camps should be commended, as well as the distribution of post-rape kits by midwives. 

    Another Expert said the State party should be commended for enacting the fund for conflict-related sexual violence.  How did it operate and how many victims had benefitted from it?  What steps were being undertaken to ensure adequate resources to implement a victim-centred transitional justice mechanism? 

    A Committee Expert said as Goma was under siege, the most pressing issue was water.  How would the State install water distribution centres while ensuring the protection of women collecting the water?  Many women trekked from Goma in search of firewood, but instead were found by gunmen and faced rape.  Were there park rangers trained in violence prevention who were gender-sensitive and conscious of the epidemic of violence?  The proliferation of small arms and light weapons often claimed the lives of women and girls foraging for food and firewood; how was their illegal trading being addressed? 

     

    The delegation said victims were active participants in the reparation process.  A law implemented in 2022, which provided protection and reparation to victims of sexual violence, mandated a three per cent fixed amount to be sent to organizations for female victims to provide reparations.  Work was done with women at the local level to ensure their full participation.  More than 220,000 victims had been identified, including displaced persons. 

       

    Regarding the situation in the nature reserves in the east of the country, the delegation said this had become a ground for armed groups operating in the area.  Programmes were in place to address practical needs, including safe drinking water for persons in internally displaced persons camps, to ensure there was no need to forage further afield.  Steps had been taken to strengthen protection in the park areas, with regular security patrolling the areas, and keeping note of where women were located.  Awareness raising campaigns were being conducted to highlight the risks women faced when collecting firewood alone.  Women were provided with micro-credits to generate alternative income streams, allowing them to pay for resources such as firewood and water, rather than searching for them themselves. 

    Introducing the report, Chantal Chambu Mwavita, Minister for Human Rights of the Democratic Republic of the Congo and head of the delegation, called for a minute of silence to be observed for the victims of the conflict.  The special report being presented today on sexual violence in armed conflict in the eastern part of the country had been drafted at the request of the Committee.  The Congolese Government was committed to the prevention and suppression of sexual violence in times of conflict.

    Since the submission of the report, at least 945 police staff members had been deployed in areas where the United Nations Organization Stabilisation Mission in the Democratic Republic of the Congo (MONUSCO) had withdrawn to protect the civilian population.  The Government had adopted a national action plan, which included measures aimed at preventing violence against women in armed conflict.  The Minister said the Committee should support the creation of an international criminal tribunal for the Democratic Republic of the Congo to prosecute those responsible for sexual violence. 

    In closing remarks, Ms. Chambu Mwavita said it was an honour to be with the Committee to speak about the situation in the country.  The Democratic Republic of the Congo needed support.  The country had faced the aggression of its neighbour Rwanda for more than 30 years.  The dialogue today presented an opportunity to ask for unity and for efforts to respect the United Nations Charter.

    In her closing remarks, Nahla Haidar, Committee Chair, thanked the delegation for the constructive dialogue despite the difficult situation being faced in the country. The Committee expressed its solidarity with the Democratic Republic of the Congo and commended the State party for the efforts it had already taken. 

    The delegation of the Democratic Republic of the Congo was comprised of representatives from the Ministry of Human Rights; the Ministry of Foreign Affairs; the Ministry of Gender; the National Assembly; the Coordination Body on Youth, Gender and Violence against Women and Trafficking in Persons; the High Military Court; the Superior Council of the Judiciary; the Secretary General for Human Rights; the Commission for Inter-Institutional Victim Assistance and Reform Support Organization; the Assistant to the Chief of Staff of the Head of State and Focal Point for Sexual Violence; Gender and Sexual Violence in Conflict Zones Specialist; the National Assembly; the Directorate of Access to Justice; the Congolese National Police; the Head of State Security; and the Permanent Mission of the Democratic Republic of the Congo to the United Nations Office at Geneva. 

    The Committee on the Elimination of Discrimination against Women’s ninetieth session is being held from 3 to 21 February.  All documents relating to the Committee’s work, including reports submitted by States parties, can be found on the session’s webpage.  Meeting summary releases can be found here.  The webcast of the Committee’s public meetings can be accessed via the UN Web TV webpage.

    The Committee will next meet at 10 a.m. on Wednesday, 5 February, to begin its consideration of the seventh periodic report of Nepal (CEDAW/C/NPL/7).

    Report

    The Committee has before it the report of the Democratic Republic of the Congo presented under the Committee’s exceptional reporting procedure (CEDAW/C/COD/EP/1).

    Presentation of Report

    CHANTAL CHAMBU MWAVITA, Minister for Human Rights of the Democratic Republic of the Congo and head of the delegation, called for a minute of silence to be observed for the victims of the conflict.  The delegation was presenting the report at a particular moment in time when the territory of North Kivu and South Kivu and Ituri was being torn apart by acts of violence, targeting the civilian population and civilian infrastructure, perpetrated by the Rwandan army and the M23 armed group.  Rwanda was a party to the Convention and was directly responsible for these crimes. 

    Various reports from the United Nations and witness statements from survivors of sexual conflict showed that thousands of women and girls had been victims of rape, mutilation and other types of inhumane violence.  These atrocities not only affected displaced persons, but were also taking place at homes, schools and in prisons.  Now Goma and its surroundings had been taken by the M23 army and other parts of Kivu were being besieged.  If the international community did not take urgent measures, there could be the spread of a cycle of violence against women and girls. 

    The special report being presented today on sexual violence in armed conflict in the eastern part of the country had been drafted at the request of the Committee.  The Congolese Government was committed to the prevention and suppression of sexual violence in times of conflict.  Since the submission of the report, at least 945 police staff members had been deployed in areas where the United Nations Organization Stabilisation Mission in the Democratic Republic of the Congo (MONUSCO) had withdrawn to protect the civilian population.  They had been trained to protect people against sexual violence. 

    The Government had adopted a national action plan, which included measures aimed at preventing violence against women in armed conflict.  In 2024, over 1,030 cases were reported and prosecuted by police in South Kivu.  Rulings had been handed down, including under military jurisdiction, where reparations were provided for victims.  The Ministry of Human Rights had pledged to conclude military amendments for transitional justice in the country. 

    The Government was making combatting violence against women the number one priority.  National funds had been developed, providing reparation and health care to the survivors.  Mobile clinics had established health care near areas controlled by the Rwandan army and the M23.  The efforts to protect victims from sexual violence were being undermined by the increased attacks by the Rwandan army and M23, as they had stepped up their military efforts and attacks against civilians.  Two weeks ago, a Rwandan military offensive backed by M23 had resulted in the escape of over 3,000 prisoners from Goma’s central prison, the proliferation of light arms, infrastructure damage, rapes of 163 women held in the prison who were set alight while alive, pillaging of legal buildings, attacks on women defending women victims of violence, and the bombing of the maternal hospital in Goma which led to the deaths of pregnant women and women who had just given birth.

    The Minister said it was essential for the Committee to provide support without delay to women survivors of sexual violence who were in areas occupied by the Rwandan army and the M23.  The Committee should strongly condemn the occupation of Congolese territory by the Rwandan army and the M23, and actively advocate for sanctions against them.  The Committee should support the creation of an international criminal tribunal for the Democratic Republic of the Congo to prosecute those responsible for sexual violence.  The delegation was here to support the United Nations Charter and put an end to the war in the country. 

    NAHLA HAIDAR, Committee Chair, said the Committee stood with the delegation and the people of the Democratic of the Congo during this difficult time. 

     

    GISÈLE KAPINGA NTUMBA, National Human Rights Commissioner and head of the delegation of the National Human Rights Commission of the Democratic Republic of the Congo, saluted the delegation, which had spared no effort to take part in the session, despite the situation in the country.  The Commission welcomed the decisions taken by the Congolese Government to protect the civilian population from the risks of sexual violence and other related human rights violations committed by the parties to the ongoing conflict in the east of the country.  However, it remained concerned about the implementation of the decisions taken and their deterrent nature, particularly with regard to armed groups and the Rwandan army, which were not concerned by these decisions. 

    One of the major challenges for the Government was the security of and humanitarian assistance for the civilian population, both in areas besieged by armed groups and in camps for displaced persons.  The recent invasion and unprecedented assault on the city of Goma by the M23 rebels and the Rwandan army demonstrated the magnitude of the challenge and had led to systematic and widespread violations of human rights and international humanitarian law, with women and children as primary targets.

    At least 700 people had died in Goma since the invasion, and about 500,000 people had been displaced, the majority of whom were women and children.  Sexual violence had reached its peak and health care facilities were overwhelmed.  The city had not been under the control of the Congolese Government, in violation of the principle of Congolese State sovereignty, since the invasion.

    Taking into account the current context, the Commission recommended that the Congolese State use all its powers to restore peace in the east by favouring diplomatic channels and the peaceful settlement of the conflict.  At the International Criminal Court, it was recommended that criminal proceedings be initiated against the leaders of the M23 and the Rwandan army for the various acts constituting war crimes and crimes against humanity perpetrated in Goma and its surroundings.  Finally, at the United Nations Security Council, the Commission recommended that targeted sanctions be taken against Rwanda and that everything be done to bring peace to the eastern Democratic Republic of the Congo.

    Questions by Committee Experts

    BRENDA AKIA, Committee Expert and Country Rapporteur for the Democratic Republic of the Congo, said the Committee members extended their heartfelt condolences to the Democratic Republic the Congo, and condemned the violence being experienced by women and girls in the country.  Ms. Akia commended the Government for the commitment to being part of the dialogue, the progress made in human rights, and the measures taken to tackle sexual violence.  Could the State party provide specific information on the different forms of conflict-related sexual violence currently being committed against women and girls?   

    An urgent political response was needed to ensure peace and security in the eastern Democratic Republic of the Congo.  Given the complexity of the conflict, fuelled by the exploitation of minerals and the existence of armed groups, what strategies was the State party undertaking to push for peace in the country, and ensure the protection of women and girls under international humanitarian law?  What was being done to end the illicit exploitation of these minerals? The Committee commended the State party for the actions taken so far; what were the challenges faced in implementing these legal and policy frameworks?  What resources would the State party require to implement these frameworks?

    A Committee Expert said the Democratic Republic of the Congo was resource-rich, which was often a curse, having fuelled the conflict and sexual violence.  Several pieces of legislation had been passed with the aim of regulating the trade of minerals and armed conflict in the area.  How were extraterritorial actors, including businesses, being held accountable so they did not avoid impunity? 

    Responses by the Delegation

    The delegation said the illicit mining was one of the main causes of the crisis in the eastern part of the country.  The Government had enacted several measures to turn this situation around, but the major challenge was that the mines were under the control of armed groups as well as foreign States that were involving themselves in the conflict.  The Government was taking steps to ensure the certification of certain mining operations, but it was difficult to ensure this was a widespread approach.  The Government was hindered by the conflict and its economic pressure and the difficulty of imposing Government initiatives in areas controlled by rebel groups and foreign States, due to the lack of administrative control.

    The financial issues were a challenge, including for implementing transitional justice mechanisms, which was why an appeal had been made to States for support in this regard. Impunity needed to be tackled head on; the perpetrators of these crimes could not go unpunished.  Steps needed to be taken to bear pressure on other States involved in the conflict, including by sheltering perpetrators.  The Democratic Republic of the Congo was calling for an international criminal tribunal to ensure all involved, regardless of their location, could be apprehended.  When rapes had occurred in Goma, any measures taken by the Government to deal with this were difficult to enact, as other parties were now in charge of Goma. 

    In the conflict areas, women were principally being used by armed groups and other combatants to serve as sexual slaves.  This could result in forced pregnancies and exposure to sexually transmitted diseases. Women being held by these armed groups also did not have access to relevant and necessary health care.  A coordination unit had tracked 10 forms of sexual violence, including rape, human trafficking, sexual mutilation, public sexual violence and humiliation, including women whose sons had been forced to rape them in public, public sexual violence against men and boys, gang rape, transmission of HIV/AIDS as a result of rape, and stigmatisation as a result of the sexual violence, among others. 

    There was also a form of sexual violence deliberately targeting children, particularly young girls. The State had also seen sexual violence used as a weapon of war, which had been ongoing since 2011, when the country was first described as “the world rape capital”. 

    To ensure a better management of its natural resources, the Democratic Republic of the Congo participated in multiple inter-State cooperation efforts to ensure the tracing of natural resources, including those exploited via mining. One included the Kimberly Process for the tracing of diamonds.  The difficulty lay in the application of these pieces of legislation, as the majority of the areas where these resources were found were occupied by Rwanda in the eastern part of the country.  For this reason, it was difficult for the State to exercise its full sovereignty and ensure the traceability of resources.

    Questions by Committee Experts

    A Committee Expert thanked the members of the delegation for their presence, despite the dire situation.  Many women in the Democratic Republic of the Congo faced marginalisation from the peace and security processes.  The weak rule of law, and the impunity for perpetrators of violence and gender-based violence, continued to undermine women’s involvement in the peace and security agenda.  The Expert was happy to note that the third national action plan on women, peace and security had been adopted in 2024; when did it come into effect?  How were women’s organizations and victims engaged in its implementation?  What were the key objectives of the plan?  What concrete plans existed to address the situation of impunity?  What concrete measures were being undertaken to ensure the effective participation of women’s organizations and victims of sexual violence in policies and frameworks relating to women, peace and security? 

    The State party should be commended for enacting the fund for conflict-related sexual violence. How did it operate and how many victims had benefitted from it?  What steps were being undertaken to ensure adequate resources to implement a victim-centred transitional justice mechanism?  Given the withdrawal of the United Nations Organization Stabilisation Mission in the Democratic Republic of the Congo (MONUSCO), how would the Government’s transition plan fill this void?  Was there any data on women’s direct participation in negotiation processes for peacebuilding? 

    Responses by the Delegation

    The delegation said victims were active participants in the reparation process.  A law implemented in 2022, which provided protection and reparation to victims of sexual violence, mandated a three per cent fixed amount to be sent to organizations for female victims to provide reparations.  Work was done with women at the local level to ensure their full participation.  More than 220,000 victims had been identified, including displaced persons.  The situation of displaced persons had been catastrophic and required immediate assistance, with emergency measures implemented for this group, including holistic care, medical psychosocial care, and legal assistance and support; 49 per cent of people recorded came from North Kivu.  The situation was constantly changing which made it difficult to respond to. Rigorous monitoring and management efforts were taken to ensure victims were at the heart of responses, with the majority of resources gathered being dispersed as reparations.  Regular consultations were held with victims groups every three months. 

    The third national action plan on women, peace and security was approved in 2024 and included activities to improve the level of women’s participation.  For the first time in the country, there was a female Prime Minister and 32 per cent of those occupying high-level positions in the Government were women.  Awareness-raising campaigns were carried out to raise awareness of women’s rights, prevent sexual violence, and protect women and young girls from gender-based violence. The most recent plan had 26 million dollars earmarked, which had been provided by the Government, public and private partners and international partners, including Norway.  Innovative aspects had been included within the plan, including an aspect of positive masculinity. 

    The withdrawal of the United Nations Organization Stabilisation Mission in the Democratic Republic of the Congo (MONUSCO) from the Democratic Republic of the Congo began in 2021.  The withdrawal plan was supported by the Peace Consolidation Fund, to support the country when the Mission withdrew and bolster peace efforts.  This approach was inclusive, involving civil society and actively promoting cohesion among women’s organizations. 

    Since 2018, there had been an increase in women in decision-making positions, due to an introduction of measures to promote gender equality, as well as this being enshrined within the country’s Constitution. 

     

    Questions by Committee Experts

    A Committee Expert said the Democratic Republic of the Congo had ratified the Convention almost 40 years ago.  During this time, how had women’s participation in the political process changed? How many people were in top positions in the country?  Women and girls in the Democratic Republic of the Congo remained underrepresented in all spheres, including in the private sector.  Out of 500 members of Parliament, only 14 per cent of them were women. 

    A roadmap had been adopted up to 2028 to prevent violence in politics.  What steps were being taken to guarantee more women taking part in legislative bodies?  What was being done to eliminate violence in electoral processes?  How were women candidates being protected?  Taking into consideration the extreme violence in the eastern part of the country, it seemed difficult to foresee, but when would there be net parity in the representation of the Democratic Republic of the Congo?

    Responses by the Delegation

    The delegation said a campaign had been spearheaded for positive masculinity. There was now a female Prime Minister and women occupied key decision-making and ministerial posts within the Government, including as the Minister of Foreign Affairs. This year, all party leaders were called upon to ensure 50 per cent of female candidates in their electoral lists in scheduled elections.  These lists would be excused from having to pay the electoral fee, which was an incentive to guarantee more female candidates. 

    Steps had been taken at the electoral and appointed level to push for the stated goal of parity. However, it was another thing to ensure that the female candidates were elected as representatives or senators. The authorities had more control on appointing women to specific posts, rather than ensuring they were elected by voters.  A rule had been enacted to ensure parity with Director-Generals and Deputy Director-Generals, whereby every time a man was appointed to this position, so was a woman, and vice versa.  To ensure more female members of Parliament, women had to be able to persuade the local population to vote for them.  Hearts and minds needed to be changed at the grassroots level, but this was happening gradually.  Having more female leaders would go a long way to changing the electoral environment. 

    During the most recent elections, a programme was rolled out to address electoral violence in the eastern part of the country, and boost capacity for women who wanted to stand as electoral candidates.  Programmes were also rolled out targeting key communities and regions at a grassroots level. Awareness-raising was being carried out in villages to address the entrenched views within the country. Women female candidates often lacked resources, so it was important to engage in capacity building so they could undertake fundraising.  The process towards the drive towards parity was closely tied to the existence of legal instruments.  The Democratic Republic of the Congo was making efforts to promote women’s participation at all levels. 

    Legal and regulatory frameworks were in place under Congolese electoral law to protect female candidates.  A specialised police unit and the military were deployed to regions to ensure violence was not being inflicted on female candidates, and the police received special training in this regard.  Special campaigns were carried out to raise awareness of gender-based violence in elections and encourage female candidates to report this phenomenon.  The prevailing conflict hampered the opportunities to change the sociological and cultural mindsets within the country.  Of the 5,000 judges in the country, around 25 per cent were now women, when previously it had been almost zero.  To achieve this goal, women had been prioritised in recruitment drives.  There was a lack of trust in women’s competence which needed to be addressed. The State was exhausted by the war which was standing in the way of the process. 

    Questions by a Committee Expert

    A Committee Expert said given the link between armed conflict and the climate crisis, could reparations be expanded to include climate-change related violence against women? In March 2021, the International Criminal Court had issued its first order for reparations for victims of sexual violence in the Democratic Republic of the Congo.  Did the reparation fund provide funds for children born out of rape? Last year, a member of the militia was sentenced to imprisonment for life for crimes against humanity, due to forced pregnancy, which was a global first and should be congratulated.  Did the Penal Code address the 10 categories of sexual violence previously mentioned?  How did the Code help shift the stigma from the victim to the perpetrator? As Goma was under siege, the most pressing issue was water.  How would the State install water distribution centres while ensuring the protection of women collecting the water?

    Many women trekked from Goma in search of firewood, but instead were found by gunmen and faced rape.  Were there park rangers trained in violence prevention, who were gender-sensitive and conscious of the epidemic of violence?  The proliferation of small arms and light weapons often claimed the lives of women and girls foraging for food and firewood; how was their illegal trading being addressed?  It was estimated that the country faced acute food insecurity and was at the tipping point of famine.  How was a humanitarian corridor for access to food, water and medical supplies being established?  Unfortunately, in the Democratic Republic of the Congo, food insecurity resulted in “famine brides”, particularly women and girls with disabilities, who were denied food and medicine and sold in sexual slavery.   

    Responses by the Delegation

    One speaker from the delegation said she had been raped during the war, and hearing the recent news was triggering many emotions.  At the time she had been a child; now she was 28 and it continued to haunt her.  It was vital for the reparation fund and other programmes which aimed to provide reparations to victims, to target children born in conflict, children born from rape, and children who witnessed conflict.  The Child and Youth Programme granted children who came from conflict or rape administrative documents.  Medical care, psychosocial assistance and social support, including access to education, was provided to children.  Laws were in place to ensure that those involved in the conflict would not be able to hold decision-making positions or receive any benefits. 

    M23 and the Rwandan Government had destroyed the displaced persons camps around Goma, depriving these people of their legitimate rights to protection.  The Government, with international partners, had made great efforts to help people establish these camps and have the bare necessities, but they were being destroyed.  It had become impossible to find a single shelter for displaced people in these areas. So many efforts had been made, with little results, as the Government could not control the area.  The speaker asked the international community to speak on behalf of victims, so that their voices were heard. 

    The State was working with the United Nations Children’s Fund, the United Kingdom and others to develop a tool to identify children born from rape.  This would not just help children from the Democratic Republic of the Congo, but also children born from rape in Sudan, Ukraine and other parts of the world.  The Democratic Republic of the Congo was expecting a third wave of children born from rape, who would ask who their parents were.  There needed to be measures to ensure this did not happen again. It was difficult to bring down the number of light weapons. 

    There was an undeniable link between sexual violence against women and economisation. Regarding the situation in the nature reserves in the east of the country, this had become a ground for armed groups operating in the area.  One of the consequences of climate change was the energy crisis, meaning firewood and charcoal carbon were the energy resources sought by women and girls, who regularly fell victim to the armed groups, and were raped while seeking to meet their energy needs.  There were units responsible for protecting the reserves, but the light weapons they were armed with were no match for the firepower of the armed groups, who could then wreak havoc on the nature reserves.  The guards in the reserves were not equipped to protect the women searching for firewood and the Government did not have the ability to intervene as these areas were controlled by Rwanda.  Many of these parks and forests were registered as national heritage sites by the United Nations Educational, Scientific and Cultural Organization.  The impact of this part of the conflict needed to be properly understood and measured. 

    A programme had been developed to ensure youths were not tempted by the recruitment of the armed groups, and to provide for the needs of internally displaced persons and ensure their reintegration in their host communities.  The programme also targeted ex-combatants but excluded those who had taken arms against the Democratic Republic of the Congo.  A woman was a member of the leadership board on this programme. 

    Programmes were in place to address practical needs, including safe drinking water for persons in internally displaced persons camps, to ensure there was no need to forage further afield.  The war had hampered these endeavours, as many internally displaced persons were now fleeing from camps, and it was difficult to identify them.  Steps had been taken to strengthen protection in the park areas, with regular security patrolling the areas, and keeping note of where women were located.  The State was also seeking to address the issue of reforestation, by encouraging women to engage directly in sustainable forest management. 

    Awareness raising campaigns were being conducted to highlight the risks women faced when collecting firewood alone.  Women were provided with micro-credits to generate alternative income streams, allowing them to pay for resources such as firewood and water, rather than searching for them themselves.  A hotline was established, where women could call to report instances of rape or violence, and they were offered psychological assistance and support. Women were also taught how to have access to water and sustainably manage it, and water purification tablets were distributed to women, to ensure their water was drinkable.  Work was being done with local and international partners to bolster women’s protection systems and their sustainable natural management systems. 

    Steps were being taken to tackle food insecurity which was prevalent in the eastern part of the country, including through establishing canteens for displaced persons. The Government placed special emphasis on tackling the trading of small arms and light weapons, but this was often disregarded by States.  However, the Government sometimes had to disregard control measures themselves to ensure they were equipped to fight against the Rwandan army and M23.  It was important to note that the State was not refusing dialogue with the armed groups, but they would not re-enter former rebel combatants into the armed forces.  However, the State was willing to engage in dialogue with these groups, under the Nairobi agreement. 

    Questions by Committee Experts

    An Expert said it was important that women were included in the Nairobi peace process. It was vital to document evidence and women’s narratives for women’s legal action.  The Congo basin was “the lungs of Africa” and it was important that it was protected to ensure the Sustainable Development Goals.  The Democratic Republic of the Congo had reintroduced the death penalty in January this year to address the wave of gang violence. It was hoped this would be reconsidered. 

    BRENDA AKIA, Committee Expert and Country Rapporteur for the Democratic Republic of the Congo, commended the State party for justice efforts taken to end impunity for conflict-related sexual violence, including the mobile courts which had led to the prosecution of numerous perpetrators.  Given the high level of sexual violence, the number of convictions were not commensurate.  Was the State party considering other jurisdiction methods to ensure perpetrators who passed through the porous borders in the regions would be prosecuted and held accountable? 

    The State party should emphasise in the Nairobi peace process negotiations the conflict-related sexual violence experienced by women and girls and the importance of gathering evidence for seeking justice.  How was the State party investing in strengthening the rule of law to ensure access to quality and affordable justice, including access to legal aid for victims of conflict-related sexual violence?  Could the State party provide data on the number of investigations, arrests, arrest warrants and successful convictions handed down against victims? Ms. Akia commended the State party for the commitment to the peace process

    Responses by the Delegation

    The delegation said that following some complaints received by the Government, a Commission was established to look into alleged violations by members of law enforcement. In Goma, around 30 members of law enforcement had been judged.  Given the recent situation of the prison break, the whereabouts of these individuals was currently unknown.  The difficulty was related to the international nature of the crisis; even if domestic mechanisms would be established, there were international elements which needed to be addressed.  For the Government, the reinstation of the death penalty was an administrative deterrent measure for the situation in the eastern part of the country.  No executions had been carried out so far. 

    Justice was provided free of charge for victims of conflict-related sexual violence, practically and legislatively.  Many women did not want to present their cases before courts as they feared stigmatisation, and they also faced difficulty in access to justice, which explained the discrepancy between the number of cases of sexual violence reported and the number convicted.  Often times, victims could not pay for legal proceedings and did not understand how the courts operated, which presented further challenges.  The State party was aiming to remove some of these barriers, including by making access to the justice system free of charge.  Now, in the east of the country, this was the situation.  At the same time, legal assistance could be provided to victims. 

    Questions by a Committee Expert

    A Committee Expert expressed solidarity and deep sadness for the tragic loss of life within the State party.  Could the State party provide information on what measures were being taken to ensure adequate capacity to strengthen coordination among duty-bearers responsible for preventing conflict-related sexual violence, including judges and prosecutors, among others?  What incentives had been applied to increase the recruitment of judges and prosecutors so that they could handle the backlog of conflict-related sexual violence cases, particularly in rural areas?  How often were duty-bearers responsible for combatting conflict-related sexual violence? How often was training conducted and what did it entail?  How often was the Convention incorporated in the training? 

    Responses by the Delegation

    The delegation said according to the 2024 law on the status of judges, judges learned about several topics during their training, including sexual violence.  From the moment Congolese judges were appointed, they could begin to work on repressing sexual violence.  Following the ratification of the Convention, the Democratic Republic of the Congo had had to adapt its legal framework. 

    In areas of conflict, it would be difficult to provide statistical figures, as courts and legal buildings had been destroyed, meaning it was difficult to follow-up on written cases. The National Strategy to Combat Gender-Based Violence had been rolled out initially in 2010, was revised in 2019, and was being reviewed currently to see if it needed to be tailored to the existing context.  In 2019, the National Police drew up a national plan to tackle sexual violence, which contained a chapter outlining the modalities to be followed when it came to interviewing victims and witnesses. 

    The statue on the recruitment of judges covered lawyers who worked in the Attorney-General’s Office.  Around two thirds of magistrates recruited by the Office in 2023 would be reappointed to serve as judges in district courts.  There were more than nine instances of action criminalised as sexual violence, which were heard before the Peace Courts.  These cases were being heard whenever possible in local district courts.  This was a way used by the Government to address the backlog of cases.  Female mediators were currently being trained by Member States of the Southern African Community. 

    Questions by Committee Experts

    A Committee Expert said conflict-affected mining grounds saw high levels of sexual slavery, fuelled by money from the mineral trade.  Human trafficking remained a worrying phenomenon in certain parts of the country.  How did the State party ensure that complaints of trafficking were handled appropriately and that victims themselves were not penalised?  How would the State party prevent trafficking of persons by members of the armed groups?  Were there plans to increase the number of shelters for female victims of human trafficking? 

    Another Expert said the Committee encouraged the State party’s efforts in the face of the resurgence of conflict.  Between January 2022 and March 2023, more than 100 schools had stopped operating due to the deteriorating security situation.  The Committee understood that educational activities were extremely difficult during the ongoing situation.  Was there an education policy for displaced women and girls?  Was education considered part of the services provided to survivors of conflict-related sexual violence?  What were the education plans for all levels of the system?  Were school age pregnant girls and mothers able to attend schools and access education? The Expert was pleased to hear of the State party’s approach to positive masculinity.  Young males were easy targets for recruitment into armed groups. Did gender-responsive education exist within the school and university systems, the armed forces, and State systems?

    Responses by the Delegation

    The delegation said as of last week, there were more than seven million internally displaced persons in the Democratic Republic of the Congo who were lacking aid, which presented a major crisis for the country.  Since 2019, the President had set up the National Agency to tackle the issue of human trafficking.  An expanded Technical Commission had been established to engage in discussions and debate.  In conflict zones, women and children were increasingly vulnerable to sexual exploitation. There was an increasing number of brothels in and around Goma, and in mining areas as well.  Those who worked there were victims, who had no other choice. There was a significant amount of forced labour in the mines, with a substantial number being children.  There were also many child combatants in the armed groups who had been tricked into joining them. 

    There was significant corruption surrounding human trafficking; the Government fully understood this issue and was attempting to tackle it head on.  The current political instability and the mass of displaced persons gave traffickers cover to carry out their activities.  The Government was doing its utmost to combat human trafficking and was working closely with the United Nations Office in Vienna.  The State had managed to stabilise the situation, but recognised there was still significant work to be done. 

    The Government had been able to rebuild around 20 schools which had been destroyed.  The approach to education always mainstreamed a gender dimension, and took into account the specific needs of women and girls. The major issue was the sheer number of displaced persons, with more than half of them women and children. The State was doing its utmost to ensure women and girls had access to education. 

    Questions by Committee Experts

    A Committee Expert congratulated the State party for steps taken in the area of healthcare. The Committee hailed the adoption of decree 23/9, which provided for the creation of multisectoral care for survivors of sexual-related violence.  The establishment of mobile clinics in camps for internally displaced people should be commended, as well as the distribution of post-rape kits by midwives. Could more data be provided, including the number of health care facilities built, the number of victims treated, the number of kits being distributed, and the training rate of those trained?

    Another Expert said in some contexts armed groups used child marriage as a weapon of war to hide human trafficking, with a very small percentage of cases brought to light. What special urgent actions was the State taking to counter this regrettable situation?  What were legal institutions doing to prevent child and forced marriages?  Was awareness being raised among the families to teach them about their rights?  Was current legislation being enforced?  How was security being provided to the victims? 

    NAHLA HAIDAR, Committee Chair, asked about the mass displacement of people; how were these people documented? 

    Responses by the Delegation

    The delegation said the legal instruments on sexual violence, particularly the law on children, stipulated how the system was regulated.  The Government did not have control over this part of the country, and it hurt that they could not answer questions about things happening on their land. The mechanisms existed, but the State could not enforce its own legal instruments because it did not have control over the territory. 

    Forced marriage carried a sentence of 20 years in prison for anyone responsible, including a parent or head of a tribe.  There were also awareness campaigns being carried out on forced marriage and human trafficking.  Institutions took cases of forced marriages very seriously.  A State official would not grant a marriage license without verifying the age of those seeking marriage.  A provincial action plan was in place for areas where there were high rates of early and forced marriages.  The police had put together an action plan against sexual violence which considered the child.  The Democratic Republic of the Congo had set up free programmes to provide education on child marriage.

     

    The State did not have access to areas under control of the Rwandan army and armed forces. Rehabilitation had been provided to displaced persons, but there were seven million displaced persons, which meant that the Government could not look after everyone.  Over 10,000 displaced persons had received medical care under a programme, but unfortunately the Government had to close this programme due to the war.  There was a budget in place to assist displaced persons.  Before the war, actions had been taken by the Government in land currently under Rwandese occupation. 

    This dialogue could be an opportunity to appeal to the international community for financial assistance to improve the State’s humanitarian response to the crisis. 

    Questions by a Committee Expert

    A Committee Expert said due to the humanitarian crisis and high levels of poverty, high levels of food insecurity persisted, disproportionately affecting women and girls. In some cases, women were raped, mutilated, killed or burned.  Data was needed for the State party to be able to take measures.  Could disaggregated data be provided on the number of women and girls who were victims of conflict-related sexual violence in camps in the eastern part of the country?  What actions were applied by the State party to upgrade gender-specific security measures in and around these protection sites?  How did the State party sustain an emergency response for women and girls fleeing the conflict?  What specific education and training had been provided for peace? How was awareness raising undertaken in the eastern Democratic Republic of the Congo, reaffirming peace and tolerance? 

    Responses by the Delegation

    The delegation said Governments bore the responsibility of protecting their citizens. They should not be persecuting their people.  The country had been caught up in a crisis for the past three decades.  The programmes put in place demonstrated the commitment of the Government to restore children who had been educated in the culture of killing and war.  Before Goma fell, the Government had enacted measures to ensure security of the internally displaced person camps, including preventing people with no business in the camps from entering and installing security controls around the camps. Unfortunately, these efforts had proven to be in vain.  An action plan had been rolled out to bolster the humanitarian response, with a key component of the strategy focused on tackling gender-based violence. 

    Questions by a Committee Expert

    A Committee Expert asked what proportion of the extractive industry was owned and led by women? What role did women play in supply chains in key sectors?  How was legislation being reformed for companies investing and trading in the extractive industry?  How was the State party providing necessary oversight through the licensing of the private sector?  How did public and private partnership projects explicitly promote and protect women’s rights?  How were appropriate social buffers provided to cushion the impact of war on women?   

    Responses by the Delegation

    The delegation said the State had begun the process of victim identification, and 54 per cent of victims identified were women.  This meant these women could benefit from reparations if they arrived at the end of the process.  No woman victim would be deprived of her right to reparation or remedy. 

    In the Congolese mining agreements and the forestry code, there was a legal mechanism in place, called the social clause.  Whatever resources were being exploited, no part of the land escaped this principle. Anyone who wished to exploit resources needed to engage with the community, but the State was the sovereign owner.  There were no clauses which prohibited women from working in the private sector or in the extractive industries.  In the initiative on human rights, there was a voluntary principle which allowed the State to monitor and intervene in instances of mining to ensure there were no violations of human rights or cases of forced labour.  Women played a full role in the private sector and there was a high rate of participation there. 

    Closing Remarks 

    CHANTAL CHAMBU MWAVITA, Minister for Human Rights of the Democratic Republic of the Congo and head of the delegation, said it was an honour to be with the Committee to speak about the situation in the country.  The Democratic Republic of the Congo needed support.  The country had faced the aggression of its neighbour Rwanda for more than 30 years.  The dialogue today presented an opportunity to ask for unity and for efforts to respect the United Nations Charter.

    NAHLA HAIDAR, Committee Chair, thanked the delegation for the constructive dialogue despite the difficult situation being faced in the country.  This was an exceptional report, and the Chair thanked the State party for participating in the dialogue which gave the Committee a chance to better understand the situation faced by women and girls who were victims of conflict-related sexual violence.  The Committee expressed its solidarity with the Democratic Republic of the Congo and commended the State party for the efforts it had already taken.  

    Produced by the United Nations Information Service in Geneva for use of the information media; 
    not an official record. English and French versions of our releases are different as they are the product of two separate coverage teams that work independently.

     

     

    CEDAW25.002E

    MIL OSI United Nations News

  • MIL-OSI United Nations: Why have UN peacekeepers been in DR Congo for 65 years?

    Source: United Nations 4

    By Fabrice Robinet

    Peace and Security

    Regional conflicts, murderous militias, the exploitation of natural resources, innocent civilians forced to flee their homes; these recent developments in the eastern Democratic Republic of Congo (DRC) are just the latest in the central African nation’s troubled history.

    DRC gained independence in 1960 and since then the UN has played a crucial role in the country, notably through the deployment of three peacekeeping missions.

    Here are four essential things to know:

    1. A UN presence since independence

    The UN intervened for the first time in DRC just a few weeks after the country gained independence on 30 June 1960, following 75 years of Belgian colonial domination.

    UN Photo

    UN Secretary-General Dag Hammarskjöld confers in Elisabethville (now Lubumbashi) after talks with Katanga and Belgian representatives about withdrawing Belgian troops and deploying UN peacekeepers. (file)

    During colonial rule the country was exploited for its natural resources and its workforce without any real preparation for political autonomy.

    As early as July 1960, independence was threatened by the secession of two mineral-rich provinces – Katanga and South Kasai.

    The latter benefitted from the support of Belgium and foreign economic interests, eager to maintain control over the country’s resources.

    The country then sank into a major political crisis, marked by the assassination of its Prime Minister, Patrice Lumumba, in 1961.

    Faced with this situation, the UN deployed the UN Operation in the Congo (ONUC) in July 1960 .

    The first large-scale peacekeeping mission, ONUC aimed to help the government in Leopoldville – the former name given to the capital, Kinshasa – to restore order and unity in the country and to ensure the withdrawal of Belgian troops.

    The mission, which numbered 20,000 peacekeepers at its peak, played a key role in ending the Katanga secession in 1963 before withdrawing in 1964.

    UN Photo

    Ghana first deployed troops as part of a UN peacekeeping operation set up to help restore calm and order in the then Republic of Congo (ONUC). (file)

    2. MONUC: A response to Congolese wars

    After more than 30 years of dictatorship under the rule of Mobutu Sese Seko, the country, then renamed Zaire, fell into two successive conflicts – the “first” (1996-1997) and the “second” (1998-2003) Congo Wars.

    In 1996, Rwanda, supported in particular by Uganda and Burundi, intervened in eastern Zaire, officially to drive out Hutu militias responsible for the 1994 genocide against the Tutsis, who had taken refuge in the provinces of North and South Kivu.

    In May 1997, with military support from Kigali and Kampala, Laurent-Désiré Kabila seized power, forcing Mr. Mobutu into exile and renamed the country the Democratic Republic of the Congo.

    In 1998, Mr. Kabila turned against his former Rwandan and Ugandan allies, who were supporting rebellions in the east of the country. For his part, he benefitted from the support of Angola, Zimbabwe and Namibia.

    Following the signing of the Lusaka Ceasefire Agreement in 1999, the UN deployed the UN Organization Mission in DRC (MONUC) to oversee its implementation.

    Even after the official end of the war in 2003, DRC remains a strategic issue for regional powers due to its exceptional natural resources and its key role in the stability of the Great Lakes region.

    UN Photo/Martine Perret

    Weapons and ammunition collected during a demobilisation process in DRC.

    3. MONUSCO: A mission still present

    In 2010, MONUC became the UN Organization Stabilization Mission in DRC (MONUSCO) with an expanded mandate, including the protection of civilians and support to the Congolese government in strengthening peace and stability.

    Still recently deployed in the three eastern provinces of the country, namely North Kivu, South Kivu and Ituri, MONUSCO had proceeded, at DRC’s request, to withdraw its troops from South Kivu in June 2024 and was poised to completely disengage by the end of the year.

    However, also at the government’s request, the Security Council extended in December MONUSCO’s mandate through the end of 2025.

    Despite UN efforts, several armed groups continue to operate in the area, including the Allied Democratic Forces (ADF) and the March 23 Movement, or M23 armed group, which defends the interests of Congolese Tutsi and benefits from the support of Rwandan forces.

    Since the beginning of 2025, M23 and the Rwandan army have been responsible for the latest outbreak of violence in the east of the country, where they occupy several strategic towns in North and South Kivu.

    UN Photo/Marie Frechon

    A member of MONUC’s South African parachute battalion on patrol duties around the village of Ntamugenga. (file)

    4. Natural resources: A major factor in conflicts

    DRC benefits from immense natural resources, particularly in the three eastern provinces, including vast reserves of gold, diamonds and tin, which is used in electronic devices.

    North and South Kivu are also rich in coltan, a metal highly coveted by the technology sector because of its use in the manufacture of capacitors found in mobile phones and laptops. DRC is also the world’s leading producer of cobalt, a strategic mineral used in the manufacture of almost all rechargeable batteries in the world today.

    These natural resources attract interests in neighbouring countries and are at the heart of conflicts in the region.

    Armed groups, such as M23, are accused of illegally exploiting these resources to finance their activities, with the complicity of companies inside and outside the country as well as DRC’s neighbours.

    The UN has put in place several initiatives to combat the illegal trade in minerals, including mechanisms to sanction companies involved in this trafficking and an arms embargo to combat their proliferation in DRC.

    However, combating illegal exploitation of resources remains a major challenge.

    MIL OSI United Nations News

  • MIL-OSI New Zealand: Proposed changes to cost recovery settings: 2025 annual review

    Source: Ministry for Primary Industries

    Have your say

    The Ministry for Primary Industries (MPI) seeks your feedback on increases to:

    • the Dairy Standards Processor Levy and the Dairy Exporter Levy
    • veterinary service fees for establishments
    • veterinary service fees for live animal imports and exports, including germplasm
    • the Raw Milk Levy
    • the Homekill Levy.

    We’re also proposing 6 relatively small design changes to ensure appropriate charging for the services provided.

    Summaries of the proposals are on this page and full details are in the consultation document.

    Consultation opened on 5 February and we must get your submissions by 5pm on 7 March 2025.

    Consultation document

    Annual review 2025: Proposed changes to MPI’s cost recovery settings [PDF, 1.9 MB]

    What’s being proposed?

    Fee/levy Current rate Proposed rate

    Dairy Standards Processor Levy total revenue per annum 

    $4,279,580

    $5,576,268

    Dairy Exporter Levy revenue per annum 

    $834,567

    $1,541,334

    Establishments fees (vets) per hour

    $128.15

    $152.42 or $155.80

    Establishments fees (supervising vets) per hour

    $136.45

    $169.89 or $173.71

    Veterinary service fees for live animal imports and exports, including germplasm per hour

    $186.30

    $216.84

    Raw Milk Levy per annum

    $581.25

    2% increases per annum for 3 years.

    $616.83 by 2027–28.

    Homekill Levy per annum

    $100

    2% increases per annum for 3 years.

    $106.12 by 2027–28.

    Summaries of proposed regulatory design changes to 6 other cost recovery settings

    1. Clearance of increased regulatory interest and high regulatory interest foods (for example, frozen berries)

    Regulations currently include an administration activity fee for importing of increased regulatory interest food or high regulatory interest food. Under the regulations, charging is specified as being for “each consignment”. The administration activity is often done for groups of consignments, for example, where a group of consignments comes from a single origin, rather than for each consignment within that group. This saves time and reduces the bill for the importer. It is proposed to amend the regulations to clarify that charging is done for “each consignment or group of consignments of a single origin”.

    2. Levy waiver relating to the former Meat Industry Initiative Fund

    Regulations state amounts to be charged for a now-ended Meat Initiative Fund. A permanent waiver is in place so that these amounts are not actually charged. The design change proposes to replace the waiver with a change to the regulations to clarify that these charges have ceased.

    3. Food export exemptions

    It is proposed to add a new charge of $135 per application plus $33.75 per quarter hour beyond the first hour to recover the cost of the work undertaken by MPI officials to process exemption requests under section 347 of the Food Act 2014. For example, if food is destined solely for export, it should comply with standards in the destination market and could be given an exemption from meeting New Zealand standards where these differ from those prevailing in the destination market. The new fee will increase revenue by about $34,000 per annum.

    4. Agent collection rate (Domestic Food Business Levy)

    A change is proposed to clarify that the $11 collection charge for the Domestic Food Business Levy currently described in regulation is GST-exclusive. Charges in regulations are routinely recorded as GST-exclusive because businesses are generally the one charged and claim back GST (the price businesses are concerned about is the GST-exclusive price). This will also future-proof charges in case of future GST changes. This charge was intended to be GST-exclusive.

    5. Animal products: charges for use of electronic system

    The proposal is to amend the Animal Products (Dairy Industry Fees, Charges, and Levies) Regulations 2015 and Animal Products (Fees, Charges, and Levies) Regulations 2007, to enable certification costs to be recovered at the same level during 2025–26, as the certification system transitions from the AP e-cert system to the new trade certification system. The proposals include removing the “cost per second” component of the charging formula, and to amend the definition of “cost per request” as the cost per second component is not compatible with how the new system will operate.

    6. Food Importer Levy

    Three changes are proposed to the new Food Importer Levy. The changes improve efficiency around who pays, what data is used in the calculation of the levy, and the due date for levy payment. The changes reflect original intentions when the Food Importer Levy was approved last year, but which were not given effect at the time. The changes are as follows:

    • extend the levy to importers who are registered but who do not import any amount of food. Despite importing no food, these importers generate some cost by interacting with the food safety system
    • charge importers at the start of each financial year according to their import amounts from the previous year. This is expected to reduce administration costs for importers and MPI.

    We also propose to standardise the date the levy is payable to within 20 working days of the date of the annual levy invoice.

    Making a submission

    We welcome submissions on the proposals contained in the consultation document. Submissions must be received by 5pm on 7 March 2025.

    You can make a submission by completing a submission form and either:

    • sending it to us by email, or
    • posting it to us.

    Cost recovery submission form [DOCX, 110 KB]

    How to submit your completed form by email

    Attach your completed form to an email and send it to costrecovery@mpi.govt.nz

    How to submit your completed form by post

    Post your completed submission form to:

    Cost Recovery Directorate I Corporate Branch
    Ministry for Primary Industries
    PO Box 2526
    Wellington 6140.

    Submissions are public information

    Note that all, part, or a summary of your submission may be published on this website. Most often this happens when we issue a document that reviews the submissions received.

    People can also ask for copies of submissions under the Official Information Act 1982 (OIA). The OIA says we must make the content of submissions available unless we have good reason for withholding it. Those reasons are detailed in sections 6 and 9 of the OIA.

    If you think there are grounds to withhold specific information from publication, make this clear in your submission or contact us. Reasons may include that it discloses commercially sensitive or personal information. However, any decision MPI makes to withhold details can be reviewed by the Ombudsman, who may direct us to release it.

    Official Information Act 1982 – NZ Legislation

    MIL OSI New Zealand News

  • MIL-OSI Asia-Pac: Prime Minister Shri Narendra Modi’s reply to the Motion of Thanks on the President’s Address in Lok Sabha

    Source: Government of India (2)

    Prime Minister Shri Narendra Modi’s reply to the Motion of Thanks on the President’s Address in Lok Sabha

    The President’s address clearly strengthens the resolve to build a Viksit Bharat: PM

    We have not given false slogans to the poor, but true development, A Government that has worked for all sections of society: PM

    We believe in ensuring resources are spent towards public welfare: PM

    Our Government is proud of the middle class and will always support it: PM

    Proud of India’s Yuva Shakti; Since 2014, we have focused on the youth of the country and emphasized on their aspirations, today our youth are succeeding in every field: PM

    We are leveraging the power of AI to build an Aspirational India: PM

    An unwavering commitment to strengthening the values enshrined in our Constitution: PM

    Public service is all about nation building: PM

    Our commitment to the Constitution motivates us to take strong and pro-people decisions: PM

    Our Government has worked to create maximum opportunities for people from SC, ST and OBC Communities: PM

    Our Government has shown how to strengthen unity as well as care for the poor and downtrodden: PM

    Emphasis on saturation is generating outstanding results:PM

    In the last decade, unprecedented support has been given to the MSME sector: PM

    Posted On: 04 FEB 2025 9:13PM by PIB Delhi

    The Prime Minister, Shri Narendra Modi replied to the Motion of Thanks on the President’s Address to Parliament in the Lok Sabha today. Addressing the House, the Prime Minister appreciated the contributions of all honorable MPs who participated in the discussions yesterday and today, noting that the tradition of democracy includes both praise where necessary and some negative remarks where needed, which is natural. Highlighting the great privilege of being given the opportunity by the people to express gratitude for the President’s address for the 14th time, he extended his respectful thanks to the citizens and acknowledged all participants in the discussion for enriching the proposal with their thoughts.

    Remarking that as of 2025, a quarter of the 21st century has passed, Shri Modi noted that time will judge the achievements of the post-independence 20th century and the first 25 years of the 21st century. He emphasized that a detailed study of the President’s address reveals that it instills new confidence in the future 25 years and the vision of a developed India. The Prime Minister highlighted that the President’s address strengthens the resolve for a Viksit Bharat, creates new confidence, and inspires the general public.

    The Prime Minister highlighted that in the last 10 years, 25 crore people had moved out of poverty, as revealed by many studies. He remarked that this effort was possible due to effective implementation of the schemes with devotion and utmost sensitivity by the Government towards the poor and the needy. He added that when people who are grounded and who know the ground reality, work for the people at the ground level, then change is inevitable and certain  on the ground. “Our Government has not given false slogans to the poor, but true development”, said Shri Modi. He added that his was a Government that has worked for all sections of society by understanding the pain of the poor and aspirations of the middle-class with utmost passion, which was lacking in some people. 

    Noting that it was truly a despair to live in kachcha houses and huts during the monsoons, the Prime Minister said four crore houses were distributed to the poor till now by the Government. Highlighting the difficulties faced by women to defecate in the open, he added that the Government had built more than 12 crore toilets to alleviate the difficulties of women. Emphasising that the Government was focused on ensuring water in the taps of every house through the Har Ghar Jal scheme, the Prime Minister said that even after 75 years of Independence, around 75% or more than 16 crore houses lacked tap-water connections. He added that the Government had ensured 12 crore families tap water connection in the last 5 years and the work was progressing rapidly. Underlining the details of the work done for the poor in the President’s address, Shri Modi said while identifying a problem was not sufficient but was necessary to work with utmost devotion to ensure that a solution was found. He added that his Government, as seen in their work over the last 10 years as well as the President’s address, worked with devotion to ensure solution to the problems.

    Highlighting the previous situation when out of every rupee spent, only 15 paise reaches the intended destination, the Prime Minister underscored that the Government’s model of “Bachat bhi, Vikas bhi”, meaning progress with savings, to ensure that the people’s money is used for the welfare of the people. He added that with the JanDhan-Aadhar-Mobile (JAM) Trinity, the Government started Direct Benefit Transfer (DBT) and deposited around ₹40 lakh Crore  in the bank accounts of the people. Underlining that around 10 crore Ghost beneficiaries were benefiting from the welfare schemes of the Government, the Prime Minister said that during the last 10 years, ghost beneficiaries were eliminated to ensure social justice and the actual beneficiaries were added through various schemes. He added that this had saved around ₹3 lakh crore from reaching the wrong hands. Shri Modi highlighted that the Government had extensively utilized technology in public procurement, bringing in transparency through the GeM (Government e-Marketplace) portal, which is now also being used by state Governments. The procurement made through the GeM portal has been more cost-effective compared to traditional procurement methods, resulting in a savings of ₹1,15,000 crore for the Government.

    Shri Modi highlighted that the Swachh Bharat Abhiyan was initially ridiculed, with many treating it as a mistake or a sin. Despite the criticism, he proudly stated that due to these cleanliness efforts, in recent years, the Government has earned ₹2,300 crore by selling scrap from Government offices. The Prime Minister invoked Mahatma Gandhi’s principle of trusteeship, emphasizing that they are trustees of the public’s property and are committed to saving every paisa and using it properly. 

    Highlighting that the Government made a significant decision on ethanol blending, the Prime Minister acknowledged that India is not energy independent and relies on external sources. He said that the introduction of ethanol blending reduced the expenditure on petrol and diesel, resulting in savings of ₹1 Lakh crore. The Prime Minister emphasized that this amount has directly benefited the farmers, putting nearly ₹1 lakh crore into their pockets.

    The Prime Minister remarked that while he talks about savings, newspapers used to be filled with headlines about scams worth lakhs and crores. He noted that it has been ten years since such scams have occurred, highlighting that the absence of these scams has saved the country lakhs of crores of rupees. These savings have been directed towards serving the public.

    Emphasising that the various steps taken have resulted in savings of lakhs of crores of rupees, Shri Modi clarified that these funds were not used to build grand palaces but were instead invested in nation-building. He noted that the infrastructure budget was ₹1.8 lakh crore ten years ago before their tenure while today, the infrastructure budget stands at ₹11 lakh crore which the President in her address described how India’s foundation is being strengthened. The Prime Minister highlighted that strong foundations have been laid for development in areas like roads, highways, railways, and rural roads.

    “Savings in the Government treasury are essential, as emphasized through the principle of trusteeship. However, it is equally important that common citizens also benefit from such savings”, said the Prime Minister. He highlighted that schemes should be designed to ensure public savings. Citing the Ayushman Bharat scheme, he mentioned that the expenses borne by citizens due to illnesses have significantly reduced. He stated that the Ayushman Bharat scheme has saved approximately ₹1.2 lakh crore for the people. Underscoring the importance of Jan Aushadhi Kendras, Shri Modi noted that for families with elderly members aged 60-70, medical expenses can be substantial and the Jan Aushadhi Kendras, providing an 80% discount on medicines, have helped families save around ₹30,000 crore on medical expenses.

    Shri Modi highlighted UNICEF’s estimation that families with proper sanitation and toilets save approximately ₹70,000 annually. He emphasized the significant benefits that initiatives like the Swachh Bharat Abhiyan, toilet construction, and access to clean water have brought to ordinary families.

    Emphasizing that the “Nal se Jal” initiative has been praised by the WHO, the Prime Minister remarked that according to the WHO report, access to clean water through the initiative has saved families an average of ₹40,000 annually on medical expenses related to other diseases. He highlighted that there are many such schemes that have helped common citizens save on their expenses.

    Highlighting that the distribution of free grain to millions of citizens has resulted in significant savings for families, Shri Modi said the PM Suryagarh free electricity scheme has saved families an average of ₹25,000 to ₹30,000 annually on electricity expenses. Additionally, any excess electricity generated can be sold for income. The Prime Minister emphasized the significant savings for common citizens through various initiatives. He mentioned the LED bulb campaign, noting that before their tenure, LED bulbs were sold for ₹400 each. Due to the campaign, the price dropped to ₹40, resulting in electricity savings and increased illumination. He added that this campaign has saved citizens approximately ₹20,000 crore. The Prime Minister highlighted that farmers who have scientifically utilized the Soil Health Card have benefited significantly, with savings of ₹30,000 per acre. 

    Touching upon the Income tax, the Prime Minister highlighted that over the past ten years, the Government has reduced income tax rates, thereby increasing savings for the middle class. He highlighted that in 2013-14, only ₹2 lakh was exempted from income tax while today, ₹12 lakh is completely exempt from income tax. The Prime Minister noted that throughout 2014, 2017, 2019, and 2023, the Government has continuously worked on providing relief and with the addition of a standard deduction of ₹75,000, salaried individuals will not have to pay any income tax on earnings up to ₹12.75 lakh from April 1st onwards.

    Criticizing the previous dispensations for being disconnected from the ground realities and engaging in lofty talks, the Prime Minister further pointed out that the leaders who spoke about the 21st century were not even able to fulfill the needs of the 20th century. He expressed his pain at realizing that the country is 40-50 years late in accomplishing tasks that should have been completed decades ago. Shri Modi added that since 2014, when the public gave the opportunity to serve, the Government has focused extensively on the youth, emphasizing their aspirations and creating numerous opportunities for them. As a result, the youth are now proudly showcasing their talents and achievements. The Prime Minister highlighted the opening of the space sector, defense sector, and the launch of the Semiconductor Mission. To promote innovation, several new schemes have been introduced, and the Startup India ecosystem has been fully developed. Additionally, he highlighted that a significant decision in the current budget is the income tax exemption on incomes up to ₹12 lakh, which has garnered much attention. Furthermore, the Prime Minister announced the opening of the nuclear energy sector, which will have long-term positive impacts and outcomes for the nation.

    Emphasizing the importance of AI, 3D printing, robotics, and virtual reality, and underscoring the efforts in the gaming sector, Shri Modi encouraged the nation’s youth to make India the capital of creative gaming worldwide, noting the rapid progress in this area. The Prime Minister remarked that for him, AI stands for not just Artificial Intelligence but also Aspirational India. He highlighted the initiation of 10,000 Atal Tinkering Labs in schools, where students are astonishing others with their robotics creations. The current budget includes provisions for 50,000 Atal Tinkering Labs. The Prime Minister also noted that India’s AI Mission has generated global optimism, and India’s presence on the world AI platform has become significant.

    Underlining that this year’s budget includes investment in the domain of Deep Tech, the Prime Minister emphasized that to progress rapidly in the 21st century, which is entirely technology-driven, it is essential for India to advance quickly in the field of deep tech. He remarked that the Government is continuously working with the future of the youth in mind. However, he criticized certain political parties for deceiving the youth with promises of allowances during elections which they fail to fulfill. He stated that these parties have become a disaster for the future of the youth.

    Remarking on the recent developments in Haryana, noting that the promise of providing jobs without any cost or intermediaries was fulfilled immediately upon forming the Government, the Prime Minister highlighted this as a testament to their commitment. He celebrated Haryana’s historic third consecutive victory, marking it as a significant achievement in the state’s history. Similarly, the Prime Minister acknowledged the historic results in Maharashtra, noting the unprecedented number of seats held by the ruling party, attributing this success to the blessings of the people. 

    The Prime Minister referenced the President’s address, which extensively discussed the completion of 75 years of the Constitution. He emphasized that in addition to the articles of the Constitution, its spirit must be lived and we stand by it. Shri Modi remarked that it is a tradition for the President to outline the Government’s activities of the past year in their address, similar to how Governors present the activities of their respective states in their speeches. He emphasized that the true spirit of the Constitution and democracy was demonstrated when Gujarat celebrated its 50th anniversary, and he was serving as the Chief Minister. He added that during the Golden Jubilee year, he made a significant decision to compile all the speeches given by Governors in the assembly over the past 50 years into a book, which is now available in all libraries. He noted that his administration took pride in publishing these speeches. He underscored their commitment to living by, dedicating themselves to, and understanding the spirit of the Constitution. 

    The Prime Minister remarked that in 2014, when they came to power, there was no recognized opposition party, as none had secured the required number of seats. Many laws allowed the Government to operate independently, and several committees stipulated the inclusion of the Leader of the Opposition, but there was none. The Prime Minister highlighted that, in adherence to the spirit of the Constitution and the values of democracy, they decided to invite the leader of the largest party in the meetings, despite the absence of a recognized opposition. This demonstrated their commitment to the essence of democracy. Shri Modi remarked that in the past, Prime Ministers would handle files independently. However, his administration has included the Leader of the Opposition in these processes and even enacted laws to ensure their participation. The Prime Minister noted that when the Election Commission is formed, the Leader of the Opposition will be part of the decision-making process, demonstrating their commitment to living by the Constitution.

    Highlighting that in Delhi, several places have private museums created by families, Shri Modi noted that when it comes to utilizing public funds, it is important to live by the spirit of democracy and the Constitution. He mentioned the creation of the PM Museum, which showcases the lives and work of all Prime Ministers, from the first to his predecessors. The Prime Minister expressed his desire for the families of the great leaders featured in the PM Museum to visit and suggest additions to enrich the museum further, inspiring the younger generation. He emphasized that living for oneself is common, but living for the Constitution is a higher calling that they are committed to.

    “When power is used for service, it leads to nation-building, but when power becomes a legacy, it destroys people”, said the Prime Minister. He emphasized that they adhere to the spirit of the Constitution and do not engage in divisive politics. He highlighted the importance of national unity and recalled the creation of the world’s tallest statue, the Statue of Unity, dedicated to Sardar Vallabhbhai Patel as their commitment to living by the Constitution drives their actions.

    Expressing his concern that it is unfortunate that some people are openly using the language of urban Naxals, Shri Modi highlighted that those who speak this language and challenge the Indian State can neither understand the Constitution nor the unity of the country. 

    Highlighting that for seven decades, Jammu & Kashmir and Ladakh were deprived of constitutional rights, the Prime Minister noted that this was an injustice to both the Constitution and the people of Jammu & Kashmir and Ladakh. By revoking Article 370, the Prime Minister highlighted that the people of these regions now receive the same rights as other citizens of the country. He emphasized that they understand and live by the spirit of the Constitution, which is why they make such strong decisions.

    Stressing that the Constitution does not allow for discrimination, Shri Modi criticized those who live with a biased mindset, pointing out the difficulties imposed on Muslim women. By abolishing triple talaq, the Prime Minister stated that they have given Muslim daughters their rightful equality as per the Constitution. 

    Emphasizing that whenever their Government has been in power, they have worked with a long-term vision, the Prime Minister expressed concern over the divisive language used by some, driven by despair and hopelessness. He noted that their focus has always been on those who are left behind, as envisioned by Mahatma Gandhi. Shri Modi highlighted the creation of separate ministries, such as for the Northeast and for tribal affairs under Atal Bihari Vajpayee’s leadership, demonstrating their commitment to inclusive development.

    Highlighting that India’s southern and eastern coastal states have significant fishing communities, Shri Modi emphasized the importance of considering the well-being of these communities, including those in small inland water areas. The Prime Minister highlighted that it is their Government that created a separate ministry for fisheries to address the needs of fishermen and support their livelihoods.

    Pointing out the potential within the marginalized sections of society, the Prime Minister remarked that by focusing on skill development, new opportunities can be created, leading to a new life for their aspirations. This led to the creation of a separate Ministry for Skill Development. He also highlighted that the primary duty of democracy is to provide opportunities to even the most ordinary citizens. To enhance and strengthen India’s cooperative sector, which connects crores of people, the Government has created a separate Ministry for Cooperatives. The Prime Minister noted that this demonstrates their vision.

    The Prime Minister remarked that discussing caste has become fashionable for some people and for the past 30-35 years, OBC MPs from various parties have been demanding constitutional status for the OBC Commission. He added that it was their Government that granted constitutional status to the OBC Commission. He highlighted that the Backward Classes Commission is now part of the constitutional framework.

    The Prime Minister remarked that they have worked steadfastly to provide maximum opportunities for SC, ST, and OBC communities in every sector. He posed important questions to the nation, asking if there has ever been a time when three MPs from the same SC family served in Parliament simultaneously, or three MPs from the same ST family at the same time. He highlighted the stark difference between the words and actions of some individuals, indicating a vast gap between their promises and reality.

    The Prime Minister highlighted there is a need for the empowerment of SC and ST communities while noting the importance of maintaining unity without creating social tensions. He provided an example by noting that before 2014, there were 387 medical colleges in the country. Today, the number has increased to 780, resulting in a rise in available seats. He pointed out that before 2014, there were 7,700 MBBS seats for SC students. After ten years of work, the number has increased to 17,000, thereby significantly improving opportunities for the Dalit community to become doctors, without creating social tensions and while respecting each other’s dignity. Shri Modi highlighted that before 2014, there were 3,800 MBBS seats for ST students. Today, this number has increased to approximately 9,000. He also noted that before 2014, there were fewer than 14,000 MBBS seats for OBC students. Today, this number has risen to approximately 32,000, enabling 32,000 OBC students to become doctors. The Prime Minister highlighted that over the past ten years, a new university has been established every week, a new ITI has been opened every day, and a new college has been inaugurated every two days. He emphasized the significant increase in opportunities for SC, ST, and OBC youth.

    “We are committed to ensuring 100% saturation of all schemes so that no beneficiary is left out”, exclaimed Shri Modi. He highlighted that everyone who is entitled to benefits should receive them, rejecting the outdated model where only a few are favored. The Prime Minister criticized the politics of appeasement and stated that to build a developed India, the country must move away from appeasement to a path of satisfaction. He stressed that every section of society should receive their due without any discrimination. According to him, achieving 100% saturation means true social justice, secularism, and respect for the Constitution.

    Stressing that the spirit of the Constitution is to ensure better health for all, Shri Modi noted that today is Cancer Day, and health is being discussed extensively across the country and the world. He remarked that some individuals, driven by political selfishness, are obstructing the provision of healthcare services to the poor and elderly. The Prime Minister noted that 30,000 hospitals, including specialized private hospitals, are connected to the Ayushman Bharat scheme, offering free treatment to Ayushman cardholders. However, certain political parties, due to their narrow mindset and flawed policies, have closed the doors of these hospitals to the poor, affecting cancer patients. Citing a recent study by the public health journal Lancet, which stated that timely cancer treatment has begun under the Ayushman scheme, Shri Modi emphasized the Government’s seriousness in cancer screening and treatment, highlighting that early diagnosis and treatment can save cancer patients. The Lancet credited the Ayushman scheme, noting significant progress in this direction in India. 

    Highlighting the significant step taken in this budget to make cancer medicines more affordable, Shri Modi mentioned it was an important decision that will benefit cancer patients, especially on Cancer Day. He urged all honorable MPs to utilize this benefit for patients in their constituencies. He noted the challenges faced by patients due to the limited number of hospitals and announced the decision to establish 200 daycare centers. These centers will provide substantial relief to both patients and their families.

    Touching upon the discussions on foreign policy addressed during the President’s speech, the Prime Minister noted that some individuals feel the need to speak on foreign policy to appear mature, even if it harms the country. He suggested that those truly interested in foreign policy should read the book “JFK’s Forgotten Crisis” by a renowned foreign policy scholar. The book details important events and discussions between India’s first Prime Minister, Pandit Jawaharlal Nehru, and then US President John F. Kennedy during challenging times. 

    The Prime Minister expressed his disappointment at the disrespect shown towards the President, a woman from a poor family, following her address. He emphasized that he understands political frustration, but questioned the reasons behind such disrespect towards the President. Remarking that India is moving forward by embracing the mantra of women-led development, leaving behind regressive mindsets, Shri Modi emphasized that if women, who constitute half of the population, are given full opportunities, India can progress at twice the speed. His conviction has only strengthened after 25 years of working in this field. He highlighted that in the past ten years, 10 crore women, primarily from marginalized and rural backgrounds, have joined self-help groups (SHGs). These women’s capabilities have increased, their social status has improved, and the Government has enhanced their assistance up to ₹20 lakh to help them further their work. The Prime Minister noted that these efforts have had a highly positive impact on the rural economy.

    Highlighting the discussion of the Lakhpati Didi campaign in the President’s address, the Prime Minister noted that since the formation of the new Government for the third time, over 50 lakh Lakhpati Didis have been registered. He remarked that since the inception of this initiative, approximately 1.25 crore women have become Lakhpati Didis, and the goal is to make three crore women Lakhpati Didis through economic programs. The Prime Minister noted the significant psychological shift in villages, where women operating drones, known as Namo Drone Didis, have changed the community’s perception of women. These Drone Didis are earning lakhs of rupees by working in fields. He also highlighted the role of the Mudra Yojana in empowering women, with crores of women entering the industrial sector for the first time and taking on entrepreneurial roles.

    Emphasising that out of the 4 crore homes provided to families, approximately 75% have been registered in the names of women, the Prime Minister emphasized “this change is laying the foundation for a strong and empowered 21st-century India”. “The goal of a developed India cannot be achieved without strengthening the rural economy”, exclaimed the Prime Minister. He emphasized the importance of agriculture in the rural economy and noted that farmers are a strong pillar of developed India. Over the past decade, the agriculture budget has increased tenfold since 2014, marking a significant jump.

    The Prime Minister remarked that before 2014, farmers faced difficulties and even police action when demanding urea. He added that they had to stand in long queues overnight, and fertilizer meant for farmers often ended up in black markets. Shri Modi said today, farmers receive ample fertilizer. He added that during the COVID-19 crisis, supply chains were disrupted, and global prices soared. Shri Modi said that despite India’s dependency on imported urea, the Government managed to bear the cost. He added that a bag of urea costing the Government ₹3,000 is provided to farmers at less than ₹300. He highlighted that their continuous efforts ensure maximum benefits for farmers.

    “In the past ten years, ₹12 lakh crore has been spent to ensure affordable fertilizer for farmers and through the PM Kisan Samman Nidhi, about ₹3.5 lakh crore has been directly transferred to farmers’ accounts”, said Shri Modi. He highlighted the record increase in MSP and stated that procurement has tripled over the past decade. He noted that farmer loans have been made more accessible and affordable, with a threefold increase in the amount of credit provided. Shri Modi emphasized that during natural disasters, farmers were previously left to fend for themselves, but under the PM Fasal Bima Yojana, ₹2 lakh crore has been disbursed to farmers. He highlighted the unprecedented steps taken in irrigation over the past decade, referencing Dr. Babasaheb Ambedkar’s comprehensive and inclusive vision for water management. He mentioned that over 100 major irrigation projects, pending for decades, have been completed to ensure water reaches farmers’ fields. The Prime Minister noted that Dr. Ambedkar advocated for river linking, a vision that went unfulfilled for years. Today, projects like the Ken-Betwa Link Project and the Parvati-Kalisindh-Chambal Link Project have commenced. He also shared his successful experience in Gujarat with similar river-linking initiatives.

    “Every Indian should dream of seeing Made in India food packets on dining tables around the world”, said the Prime Minister. He expressed joy that Indian tea and coffee are now gaining popularity globally, and turmeric has seen a surge in demand post-COVID period. He noted that in the coming times, Indian processed seafood and Bihar’s makhana will also make their mark worldwide. The Prime Minister highlighted that India’s millets, known as Shri Anna, will enhance India’s reputation in international markets.

    Stressing the importance of Future Ready cities for a developed India, Shri Modi noted that the country is rapidly urbanizing, which should be seen as an opportunity rather than a challenge. He highlighted that the expansion of infrastructure leads to the creation of opportunities, as increased connectivity boosts possibilities. The Prime Minister mentioned the inauguration of the first Namo Rail connecting Delhi and Uttar Pradesh and expressed his experience of traveling on it. He stressed the need for such connectivity and infrastructure to reach all major cities in India, reflecting the nation’s future direction. He remarked that Delhi’s metro rail network has doubled, and now metro networks are expanding to Tier-2 and Tier-3 cities. The Prime Minister proudly highlighted that India’s metro network has surpassed 1,000 kilometers, with an additional 1,000 kilometers currently under development, showcasing the rapid progress. He highlighted several initiatives taken by the Indian Government to reduce pollution, including the introduction of 12,000 electric buses across the country, providing a significant service to Delhi as well.

    Mentioning the expansion of the Gig Economy in major cities, with lakhs of young people joining, the Prime Minister announced the registration of gig workers on the e-Shram portal and the provision of an ID card upon verification. He also stated that gig workers would benefit from the Ayushman scheme, ensuring they have access to healthcare. He estimated that there are currently around one crore gig workers in the country and emphasized the Government’s ongoing efforts to support this sector.

    The Prime Minister highlighted the significant job opportunities presented by the MSME sector, emphasizing its potential for employment. He remarked that small industries symbolize a self-reliant India and contribute immensely to the country’s economy. The Government’s policy focuses on simplicity, convenience, and support for MSMEs, with an emphasis on Mission Manufacturing to boost the manufacturing sector and create jobs for young people through skill development.

    Mentioning that several initiatives have been launched to improve the MSME sector, Shri Modi said that the MSME criteria established in 2006 were updated twice in the past decade, with significant upgrades in 2020 and in this budget. He highlighted the financial support provided to MSMEs, addressing the challenge of formal financial resources, and the special support given to the MSME sector during the COVID crisis. The Prime Minister noted the focus on industries like the toy and textile sectors, ensuring cash flow and providing loans without collateral, resulting in job creation and job security. He mentioned the introduction of customized credit cards and credit guarantee coverage to ease the business operations of small industries. He proudly shared that before 2014, India imported toys, but today, Indian toy manufacturers are exporting toys worldwide, with a significant reduction in imports and a 239% increase in exports. The Prime Minister highlighted that various sectors operated by MSMEs are gaining global recognition, with Made in India products like clothing, electronics, and electrical goods becoming part of daily life in other countries.

    The Prime Minister emphasized that the dream of a developed India is not just a dream of the Government but the dream of 140 crore Indians. He highlighted that India is moving forward with great confidence and urged everyone to contribute their energy towards realizing this dream. He noted that there are global examples of countries becoming developed within 20-25 years, and India, with its demographic advantage, democracy, and demand, can achieve the same by 2047, when India celebrates 100 years of independence. 

    The Prime Minister stressed the need to achieve greater goals and remain committed to creating a modern, capable, and developed India for many years to come. He called on all political parties, leaders, and citizens to prioritize the nation above all and work together towards the dream of a developed India. Concluding his address, the Prime Minister expressed his gratitude and thanked the President for the address and extended his appreciation to the members of the House. 

     

     

    ***

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    MIL OSI Asia Pacific News

  • MIL-OSI Asia-Pac: APEDA’s financial assistance schemes boosts 47.3% surge in India’s fruit and vegetable exports

    Source: Government of India (2)

    APEDA’s financial assistance schemes boosts 47.3% surge in India’s fruit and vegetable exports

    APEDA strengthens exporter growth with new schemes for infrastructure, quality, and market development

    India’s fruit and vegetable exports reach 123 countries, with 17 new market added in 3 years

    Posted On: 04 FEB 2025 7:58PM by PIB Delhi

    The Department of Commerce through Agricultural and Processed Food Products Export Development Authority (APEDA) provides financial assistance to its member exporters of APEDA from across the country, for export promotion of its Scheduled products, including for Fruits & vegetables, under Agriculture and Processed Foods Export Promotion Scheme of APEDA for the 15th Finance Commission Cycle (2021-22 to 2025-26) in following three broad areas:

    Scheme for infrastructure Development – Financial assistance for setting up of packhouse facilities with packing / grading lines, pre-cooling unit with cold storage and refrigerated transportation etc., cable system for handling of crops like banana, pre-shipment treatment facilities such as irradiation, vapor heat treatment, hot water dip treatment and common infrastructure facilities, reefer vans and missing gap in the existing infrastructure of individual exporters.

    Scheme for Quality Development – Financial assistance for purchase of laboratory testing equipment, installation of quality management system, handheld devices for capturing farm level coordinates for traceability and testing of water, soil, residues and pesticides etc.

    Scheme for Market Promotion – The assistance covers participation of exporters in international trade fairs, organizing buyer seller meets and developing packaging standards for new products and upgrading the existing packaging standards.

    The details of financial assistance guidelines are available at APEDA Website www.apeda.gov.in under the “Scheme” tab.

    As a result of these initiatives, there has been a growth of 47.3%, in the volume of exports of fruits and vegetables between the period 2019-20 to 2023-24.

    Export data of fruits and vegetables in last five years

     

     

     

    Country: All

     

     

    Product: Fresh Fruits & Vegetables

     

     

     

    Value In USD Million

    Qty In Thousand MT

     

     

    Products

    2019-20

    2020-21

    2021-22

    2022-23

    2023-24

    2019-20

    2020-21

    2021-22

    2022-23

    2023-24

     

     

    Fresh Fruits & Vegetables

    1,282.43

    1,342.13

    1,527.63

    1,635.95

    1,814.58

    2,659.48

    3,148.08

    3,376.25

    4,335.68

    3,911.95

     

     

    Source: DGCIS

     

     

     

    Growth in terms of Volume in the last five years =47.30%

    Growth in terms of Value in the last five years= 41.50 %

    The Government maintains the record of total exports of fruits and vegetables from India. The export figures of States are compiled on the basis of the State-of-Origin code reported by the exporters in the shipping bills. Thus, the state wise data of exports of Fruits and vegetables is not available as the same is not validated by DGCI&S. However, the major states producing Fruits and vegetables are Uttar Pradesh, Madhya Pradesh, West Bengal, Maharashtra, Andhra Pradesh, Gujarat, Bihar, Tamil Nadu, Odisha, Karnataka.

    India’s Export of Mango and Onion to World (By Variety)

    Product

    Variety

    USD Million

    Qty in MT

    2019-20

    2020-21

    2021-22

    2022-23

    2023-24

    2019-20

    2020-21

    2021-22

    2022-23

    2023-24

    Mango

    Other Mangoes

    0.00

    25.42

    23.48

    33.26

    36.18

    0.00

    15795.09

    17448.90

    17257.28

    23786.16

    Kesar

    0.00

    2.92

    6.91

    4.97

    11.25

    0.00

    983.73

    2319.08

    1749.97

    3787.01

    Alphonso (Hapus)

    0.00

    6.08

    10.09

    7.84

    8.68

    0.00

    3195.86

    5994.86

    2829.76

    2673.39

    Banganapalli

    0.00

    1.46

    3.01

    2.00

    3.20

    0.00

    830.55

    1674.04

    856.91

    1081.68

    Chausa

    0.00

    0.05

    0.05

    0.03

    0.24

    0.00

    40.98

    25.64

    19.72

    488.26

    Langda

    0.00

    0.08

    0.16

    0.12

    0.19

    0.00

    48.99

    122.16

    70.02

    81.94

    Dasheri

    0.00

    0.09

    0.11

    0.06

    0.17

    0.00

    49.50

    75.92

    34.70

    75.54

    Totapuri

    0.00

    0.07

    0.17

    0.20

    0.16

    0.00

    47.47

    151.01

    116.60

    91.95

    Mallika

    0.00

    0.03

    0.09

    0.06

    0.07

    0.00

    41.40

    61.16

    28.81

    38.17

    Mangoes , Fresh/Dried,

    56.11

    0.00

    0.00

    0.00

    0.00

    49658.68

    0.00

    0.00

    0.00

    0.00

    Total Mangoes

    56.11

    36.20

    44.07

    48.54

    60.14

    49658.68

    21033.57

    27872.77

    22963.77

    32104.10

    Onion

    Other Onions Fresh of Chilled

    0.00

    0.00

    0.00

    0.00

    434.78

    0.00

    0.00

    0.00

    0.00

    1606683.97

    Rose Onions Fresh of Chilled

    0.00

    0.00

    0.00

    0.00

    38.94

    0.00

    0.00

    0.00

    0.00

    110755.38

    Onions, Fresh/Chilled

    324.20

    378.49

    460.56

    561.38

    0.00

    1149896.84

    1578016.57

    1537496.85

    2525258.35

    0.00

    Total Onions

    324.20

    378.49

    460.56

    561.38

    473.72

    1149896.84

    1578016.57

    1537496.85

    2525258.35

    1717439.35

     

    Source: DGCIS

     

    Note :- ITC HS Code with (*) mark of the Commodity is either dropped or re-allocated

     

    In FY 2023-24, India’s exports of Fresh Fruits and Vegetables reached 123 countries. In the last 3 years, Indian fresh produce entered 17 new markets, some of which are Brazil, Georgia, Uganda, Papua New Guinea, Czech Republic, Uganda, Ghana etc. This has been achieved through a host of measures such as participation in international trade fairs, actively pursuing market access negotiations, organizing buyer seller meets etc.

    Department of Commerce is working in close coordination with the MoA&FW in prioritizing agriculture products for market access negotiations to reach new markets. As a result, India has achieved new market access in following commodities in the last three years:

    • Indian Potatoes and Onions in Serbia
    • Baby corn and fresh banana in Canada
    • Pomegranate arils in Australia, USA, Serbia, and New Zealand
    • Whole pomegranates in Australia via Irradiation treatment

     

    The barriers in accessing new markets differ from product to product and are dynamic in nature. Some of the major barriers in accessing new markets for fruits & vegetables are:

    • Long geographic distance from India raising the costs of logistics.
    • Delay in grant of market access by importing countries for certain products.
    • Stringent Phyto-sanitary requirements imposed by some importing countries.
    • Delay in registration of enterprises in certain countries.

    To address the above issues, various steps are being taken by the Department of Commerce:

    • For expand market access to our products, MoA&FW & APEDA have identified key products and key countries for intensifying market access negotiations.
    • Development of Sea protocols for horticulture products to reduce logistic expenses and to enable larger volume of exports.
    • Regular follow up with the counterpart authorities of importing countries with support of our Missions abroad for registration of facilities and market access negotiations.
    • For meeting stringent Phyto-sanitary requirements, setting up of traceability system and a system of farmer and facility registration.

    ***

    Abhishek Dayal/Abhijith Narayanan/Asmitabha Manna

     

     

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    MIL OSI Asia Pacific News

  • MIL-OSI Asia-Pac: Budgetary allocations for the Mahatma Gandhi National Rural Employment Guarantee Scheme

    Source: Government of India (2)

    Posted On: 04 FEB 2025 7:13PM by PIB Delhi

    Mahatma Gandhi National Rural Employment Guarantee Scheme (Mahatma Gandhi NREGS) is a demand driven wage employment Scheme and Government is committed to making sufficient fund available in order to meet the demand for work at ground. For the financial year 2024-25, budget allocation of Rs. 86,000 crores have been made at Budget Estimate (BE) stage, which is the highest ever allocation under Mahatma Gandhi NREGS at the Budget Estimate (BE) stage since inception. The details of funds allocation at the Budget Estimate stage, Revised Estimate stage and fund released under Mahatma Gandhi NREGS during the last five financial years and current financial year 2024-25 (as on 28.01.2025) are given below:

     

    (Rs. in crore)

    Financial Year

    Budget Estimate

    Revised Estimate

    Release

    2019-20

    60,000.00

    71,001.81

    71,687.71

    2020-21

    61,500.00

    1,11,500.00

    1,11,170.86

    2021-22

    73,000.00

    98,000.00

    98,467.84

    2022-23

    73,000.00

    89,400.00

    90,810.99

    2023-24

    60,000.00

    86,000.00

    89,268.30

    2024-25

    (As on 28.01.2025)

    86,000.00

    82,421.05

     

    State/UT-wise (including Bihar) details of pending liabilities for wage component under Mahatma Gandhi NREGS as on 27.01.2025 are given at Annexure.

    As per the provision of the Mahatma Gandhi National Rural Employment Guarantee Act, the beneficiaries are entitled to get wage payment within 15 days of closure of Muster Roll of the work. Government of India has also issued a detailed Standard Operating Procedure (SOP) to the States to ensure timely wage payment. The Ministry along with the States/UTs has been making concerted efforts for improving the timely payment of wages. States/UTs have been advised to generate pay orders in time. The Ministry has taken various steps to ensure timely payment of wages to workers under the Mahatma Gandhi National Rural Employment Guarantee Scheme (MGNREGS). These include:

    (i) Upscaling of National Electronic Fund Management System (Ne-FMS)

    (ii) Intensive consultation with State Governments and other stakeholders to strategise timely payment of wages, verification of pending compensation claims etc.

    (iii) Formulation of Standard Operating Procedure for monitoring of timely payment and payment of compensation.

    (iv) During Annual Action Plan finalization meeting, Mid-Term review meeting, Labour Budget revision meeting, Monthly review meeting, as well as State/UT visit by senior officers, the issue of the status of timely payment of wages and payment of delay compensation is also reviewed.

     

    These initiatives have helped in timely generation of Fund Transfer Orders (FTOs) within 15 days from the closure of muster rolls. The details of FTOs generated within 15 days during last three financial year and current financial year (as on 29.01.2025) is given below:

     

    Fund Transfer Orders (FTOs) generated within 15 days from the closure of muster rolls under Mahatma Gandhi NREG during the last three financial year and current financial year (as on 29.01.2025).

    Financial Year

    2024-25

    2023-24

    2022-23

    2021-22

    % Fund Transfer Orders (FTOs) generated within 15 days

    98.47

    97.91

    92.5

    96.54

    (As per NREGASoft)

    Annexure

     

    State/UT-wise details of pending liabilities for wage component under Mahatma Gandhi NREGS as on 27.01.2025 (Rs. in crore)

    Sl. No.

    States/UTs

    Pending liabilities for wage component

    1

    Andhra Pradesh

    67.35

    2

    Arunachal Pradesh

    28.65

    3

    Assam

    140.34

    4

    Bihar

    670.01

    5

    Chhattisgarh

    175.86

    6

    Goa

    0.33

    7

    Gujarat

    62.67

    8

    Haryana

    26.06

    9

    Himachal Pradesh

    89.60

    10

    Jammu and Kashmir

    72.13

    11

    Jharkhand

    117.45

    12

    Karnataka

    140.41

    13

    Kerala

    485.99

    14

    Madhya Pradesh

    261.50

    15

    Maharashtra

    278.61

    16

    Manipur

    48.00

    17

    Meghalaya

    65.74

    18

    Mizoram

    17.73

    19

    Nagaland

    3.73

    20

    Odisha

    118.22

    21

    Punjab

    64.71

    22

    Rajasthan

    472.54

    23

    Sikkim

    3.24

    24

    Tamil Nadu

    1652.45

    25

    Telangana

    15.46

    26

    Tripura

    114.59

    27

    Uttar Pradesh

    1214.85

    28

    Uttarakhand

    22.26

    31

    Puducherry

    1.09

    32

    Ladakh

    2.37

    Total

    6433.95

    This information was given by the Minister of State for Rural Development Shri Kamlesh Paswan in a written reply in Lok Sabha today.

    *****

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  • MIL-OSI Asia-Pac: Women under Deendayal Antyodaya Yojana-National Rural Livelihood Mission

    Source: Government of India (2)

    Posted On: 04 FEB 2025 7:12PM by PIB Delhi

    The Government had set a target of mobilizing 10 crore rural households into SHGs under the Deendayal Antyodaya Yojana-National Rural Livelihood Mission (DAY – NRLM) by 2023-24. The target of mobilization of 10 crore households was achieved in March 2024.

    The State/UT-wise targets and the number of households mobilized under Deen Dayal Antyodaya Yojana – National Rural Livelihoods Mission (DAY-NRLM) is given at Annexure.

    Nellore district has 37 rural blocks. All the 37 blocks are covered under the DAY-NRLM.

    The Central allocation under the Deendayal Antyodaya Yojana-National Rural Livelihoods Mission (DAY-NRLM) for Andhra Pradesh for the last three financial years amounted to Rs. 756 crores. However, only Rs. 377 crores released, reason for non- release of entire amount is because of non-submission of proposals by the State due to delay in receipt of funds from Treasury.

    For the current financial year, the approved central share under DAY-NRLM for Andhra Pradesh is Rs.307.69 crore out of which Rs.76.92 crore has been released so far.

    The Mahila Kisan Sashaktikaran Pariyojana (MKSP), a key sub-scheme under DAY-NRLM aimed at enhancing the livelihoods and income of Mahila Kisans. The Ministry had approved 13 projects under MKSP in 2011, including Nellore District in Andhra Pradesh. After grant of two extensions, these projects were closed in FY 2019.

    For FY 2023-24, the Ministry approved an Annual Action Plan for an amount of Rs. 64 Cr. for MKSP, with the central share being Rs. 38.40 Cr. and the state share Rs. 25.60 Cr. The physical target for the year included the creation of 160 Integrated Farming Clusters (IFC) under MKSP. However, the Andhra Pradesh SRLM has not opened the budget head for MKSP in FY 2023-24. Moreover, the MKSP budget provision was not reflected in the Public Financial Management System (PFMS) TRSY-07 report for FY 2023-24, which are mandatory for the release of funds under Central Sponsored Schemes as per the Department of Expenditure norms. Due to which the Ministry has not released any fund to Andhra Pradesh SRLM for MKSP during FY 2023-24. Out of the total allocation of Rs. 15 crores (Rs. 9 Cr. Central Share + Rs. 6 Cr. State share) for FY 2024-25, amount of Rs. 2.25 Cr. has been released as a part of the Central Share.

    Regarding the Start-Up Village Entrepreneurship Programme (SVEP), which is a demand-driven scheme, funds are released based on the submission of Detailed Project Reports (DPRs) from the state. However, the Andhra Pradesh SRLM has delayed the submission of the required DPRs and financial documents for SVEP components, which has also delayed the timely release of funds for the programme. Out of the total allocation of Rs. 13.33 crore (Rs. 8 Cr. Central Share + Rs.5.33 Cr. State share) for FY 2024-25, amount of Rs. 2 Cr. has been released as a part of the Central Share.

    State

    Target for HH Mobilisation

    Mobilisation as on March 24

    Andaman

    15000

    13194

    Andhra Pradesh

    8310437

    9075289

    Arunachal

    84623

    86937

    Assam

    3593756

    4111020

    Bihar

    12332493

    12713428

    Chhattisgarh

    3193288

    3068427

    Daman DIU and NH

    12469

    12695

    Goa

    45947

    50298

    Gujarat

    3031245

    2783006

    Haryana

    730806

    629094

    Himachal Pradesh

    338103

    378542

    Jammu & Kashmir

    950000

    797805

    Jharkhand

    3446912

    3589607

    Karnataka

    3239273

    4207374

    Kerala

    3644669

    4002478

    Ladakh

    13315

    11710

    Lakshadweep

    3692

    4363

    Madhya Pradesh

    6549384

    5829972

    Maharashtra

    7109774

    6525549

    Manipur

    207481

    99810

    Meghalaya

    418254

    444264

    Mizoram

    73765

    85934

    Nagaland

    121260

    135261

    Odisha

    6610605

    5757107

    Puducherry

    45931

    59714

    Punjab

    657609

    543246

    Rajasthan

    4600000

    3804161

    Sikkim

    58557

    56675

    Tamil Nadu

    3675989

    4023939

    Telangana

    4593482

    4820573

    Tripura

    460061

    494675

    Uttar Pradesh

    11807911

    9507884

    Uttarakhand

    491114

    497777

    West Bengal

    11593207

    12251533

    Total

    102060412

    100473341

     

    This information was given by the Minister of State for Rural Development Shri Kamlesh Paswan in a written reply in Lok Sabha today.

    *****

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    MIL OSI Asia Pacific News

  • MIL-OSI Asia-Pac: Payment under Mahatma Gandhi National Rural Employment Guarantee Scheme

    Source: Government of India (2)

    Posted On: 04 FEB 2025 7:11PM by PIB Delhi

    State/Union Territory-wise details of pending liabilities for material components under Mahatma Gandhi National Rural Employment Guarantee Scheme (Mahatma Gandhi NREGS) as on 29.01.2025 are given at Annexure-I.

     

    State/Union Territory – wise details of pending liabilities for material components as on 29.01.2025. (Rs. in crore)

    Sl. No.

    States/UTs

    Pending liabilities for material components

    1

    Andhra Pradesh

    661.50

    2

    Arunachal Pradesh

    60.34

    3

    Bihar

    802.12

    4

    Gujarat

    11.79

    5

    Haryana

    38.27

    6

    Himachal Pradesh

    24.07

    7

    Jammu & Kashmir

    117.46

    9

    Jharkhand

    204.59

    10

    Madhya Pradesh

    290.93

    11

    Maharashtra

    1321.58

    12

    Manipur

    131.51

    13

    Meghalaya

    71.66

    14

    Rajasthan

    494.34

    15

    Sikkim

    10.11

    16

    Tamil Nadu

    496.70

    17

    Telangana

    282.74

    18

    Uttar Pradesh

    1010.49

    19

    Uttarakhand

    100.42

    Total

    6130.61

    Ladakh PFMS data is not available.

    District-wise details of employment provided to workers in Rajasthan State under Mahatma Gandhi NREGS during the financial years 2008-09 to 2009-10 and 2022-23 to 2023-24 are given at Annexure-II.

     

    District-wise details of employment provided to workers in Rajasthan State under Mahatma Gandhi NREGS during the financial year 2008-09 to 2009-10 and 2022-23 to 2023-24. (Figure in lakh)

    S.No

    District

    2008-09

    2009-10

    2022-23

    2023-24

    1

    Ajmer

    3.84

    4.25

    4.29

    4.35

    2

    Alwar

    3.26

    2.78

    1.59

    1.39

    3

    Banswara

    5.06

    4.11

    5.89

    5.98

    4

    Baran

    2.36

    1.74

    2.15

    2.00

    5

    Barmer

    6.00

    5.69

    7.00

    7.52

    6

    Bharatpur

    3.33

    3.09

    1.31

    1.12

    7

    Bhilwara

    5.00

    6.40

    5.18

    5.46

    8

    Bikaner

    4.03

    4.31

    3.29

    3.67

    9

    Bundi

    2.22

    2.14

    1.60

    1.42

    10

    Chittorgarh

    3.36

    3.72

    1.64

    1.55

    11

    Churu

    2.82

    3.12

    2.43

    2.47

    12

    Dausa

    3.32

    2.42

    1.02

    0.78

    13

    Dholpur

    2.24

    1.65

    1.14

    1.10

    14

    Dungarpur

    4.72

    4.05

    4.66

    4.82

    15

    Hanumangarh

    2.17

    3.18

    2.03

    2.08

    16

    Jaipur

    4.15

    2.28

    1.80

    1.52

    17

    Jaisalmer

    1.36

    5.03

    1.63

    1.82

    18

    Jalore

    2.41

    1.41

    2.12

    1.77

    19

    Jhalawar

    2.87

    2.38

    4.11

    4.38

    20

    Jhunjhunu

    0.92

    2.81

    0.67

    0.51

    21

    Jodhpur

    4.40

    1.19

    4.35

    4.20

    22

    Karauli

    2.64

    4.64

    2.00

    1.69

    23

    Kota

    1.44

    2.56

    1.40

    1.25

    24

    Nagaur

    4.65

    1.25

    5.29

    5.39

    25

    Pali

    3.24

    5.27

    2.55

    2.17

    26

    Pratapgarh

    0.00

    4.56

    2.95

    2.94

    27

    Rajsamand

    2.05

    0.00

    1.86

    1.81

    28

    Sawai Madhopur

    2.04

    2.21

    1.63

    1.23

    29

    Sikar

    1.94

    2.99

    0.91

    0.88

    30

    Sirohi

    1.51

    2.15

    1.38

    1.28

    31

    Sri Ganganagar

    3.89

    1.44

    2.51

    2.79

    32

    Tonk

    3.37

    2.86

    1.82

    1.73

    33

    Udaipur

    6.17

    5.39

    3.88

    3.90

    Total

    102.81

    103.05

    88.08

    86.97

     

    This information was given by the Minister of State for Rural Development, Shri Kamlesh Paswan in a written reply in Lok Sabha today.

    *****

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    MIL OSI Asia Pacific News

  • MIL-OSI Asia-Pac: Families registered under Mahatma Gandhi National Rural Employment Guarantee Scheme

    Source: Government of India (2)

    Posted On: 04 FEB 2025 7:09PM by PIB Delhi

    Year-wise number of persons who availed employment under Mahatma Gandhi National Rural Employment Guarantee Scheme (Mahatma Gandhi NREGS) in Udaipur, Dungarpur and Pratapgarh districts of Rajasthan from the financial year 2019-20 to the current financial year 2024-25 (as on 28.01.2025) is given below:

    Year-wise number of persons who availed employment under Mahatma Gandhi NREGS in Udaipur, Dungarpur and Pratapgarh districts of Rajasthan from the financial year 2019-20 to the current financial year 2024-25 (as on 28.01.2025)

    Financial Year

    Persons availed employment (in Nos.)

    Udaipur

    Dungarpur

    Pratapgarh

    2019-20

    399349

    432835

    211408

    2020-21

    536916

    568677

    276025

    2021-22

    454316

    537099

    294875

    2022-23

    388084

    466339

    294671

    2023-24

    389603

    482361

    293809

    2024-25

    359589

    435600

    279711

    Note: Salumber district was carved out of erstwhile Udaipur district on 7 August 2023. Separate Information in respect of this District is not available in NREGASoft.

     

    Number of persons registered under Mahatma Gandhi NREGS in Udaipur, Dungarpur and Pratapgarh districts of Rajasthan as on 28.01.2025 are given below:

    Number of persons registered under Mahatma Gandhi NREGS in Udaipur, Dungarpur and Pratapgarh districts of Rajasthan as on 28.01.2025.

    Districts

    Persons registered (in Nos.)

    Udaipur

    1207164

    Dungarpur

    806637

    Pratapgarh

    422884

    Note: Salumber district was carved out of erstwhile Udaipur district on 7 August 2023. Separate Information in respect of this District is not available in NREGASoft.

     

    Block-wise number of persons availed employment under Mahatma Gandhi NREGS in Udaipur, Dungarpur and Pratapgarh districts of Rajasthan, from the financial year 2023-24 to 2024-25 (as on 28.01.2025) are given at Annexure-I.

    Block-wise cumulative number of households issued Job Cards under Mahatma Gandhi NREGS to Scheduled Castes, Scheduled Tribes, and Others in Udaipur, Dungarpur and Pratapgarh districts of Rajasthan as on 28.01.2025 is at Annexure-II.

    Annexure-I

    Block-wise number of persons availed employment under Mahatma Gandhi NREGS in Udaipur, Dungarpur and Pratapgarhthe district of Rajasthan from the financial year 2023-24 to 2024-25 (as on 28.01.2025)

    Blocks of Dungarpur district

    Sl. No.

    Blocks

    Persons availed employment (in Nos.)

    2023-24

    2024-25 ( as on 28.01.25)

    1

    ASPUR

    32421

    29715

    2

    BICHHIWARA

    46007

    41742

    3

    CHIKHLI

    44987

    39552

    4

    DOVRA

    44929

    42200

    5

    DUNGARPUR

    40848

    37731

    6

    GALIYAKOT

    49498

    44815

    7

    JHONTHARI

    39290

    36310

    8

    SAABLA

    42100

    37841

    9

    SAGWARA

    87069

    75775

    10

    SEEMALWARA

    55212

    49919

     

    Total

    482361

    435600

    Block of Pratapgarh district

    1

    ARNOD

    29544

    27579

    2

    CHOTI SADRI

    25016

    22183

    3

    DALOT

    35590

    34078

    4

    DHAMOTAR

    35121

    35765

    5

    DHARIYAWAD

    50742

    48220

    6

    PEEPALAKHUNT

    44327

    42029

    7

    PRATAPGARH

    40245

    39898

    8

    SUHAGPURA

    33224

    29959

     

    Total

    293809

    279711

    Block of Udaipur district

    1

    BADGAON

    5208

    4870

    2

    BHINDAR

    13938

    14055

    3

    GIRWA

    17628

    15004

    4

    GOGUNDA

    23995

    21490

    5

    JAISAMAND

    10547

    9955

    6

    JHADOL

    21871

    21942

    7

    JHALLAARA

    27446

    26980

    8

    KHAIRWARA

    21598

    20053

    9

    KOTRA

    52319

    47605

    10

    KURABAD

    13588

    11441

    11

    LASADIA

    25757

    22864

    12

    MAVLI

    9834

    8557

    13

    NAYAGAON

    22415

    20373

    14

    PHALASIYA

    26133

    27273

    15

    RISHABHDEV

    25176

    23108

    16

    SALUMBAR

    14845

    14424

    17

    SARADA

    13452

    10510

    18

    SAYRA

    20753

    18448

    19

    SEMAARI

    17629

    16387

    20

    VALLABHNAGAR

    5471

    4250

     

    Total

    389603

    359589

    Note: Salumber district was carved out of erstwhile Udaipur district on 7 August 2023. Separate Information in respect of this District is not available in NREGASoft..

               

    Annexure-II

     

    Block-wise cumulative number of households issued Job Cards under Mahatma Gandhi NREGS to Scheduled Castes, Scheduled Tribes, and Others in Udaipur, Dungarpur, and Pratapgarh districts of Rajasthan as on 28.01.2025,

    Blocks of Dungarpur district

    Sl. No.

    Blocks

    Cumulative number of households issued Jobcards (as on 28.01.25)

    SCs

    STs

    Others

    Total

    1

    ASPUR

    2134

    14023

    16306

    32463

    2

    BICHHIWARA

    672

    38436

    4511

    43619

    3

    Chikhli

    541

    31521

    3631

    35693

    4

    Dovra

    674

    30547

    9311

    40532

    5

    DUNGARPUR

    526

    33829

    7046

    41401

    6

    Galiyakot

    1358

    25313

    9820

    36491

    7

    Jhonthari

    382

    30903

    4011

    35296

    8

    Saabla

    1838

    21063

    12703

    35604

    9

    SAGWARA

    2804

    35235

    24389

    62428

    10

    SEEMALWARA

    909

    31241

    9346

    41496

    Total

    11838

    292111

    101074

    405023

    Block of Pratapgarh district

    1

    ARNOD

    1581

    12529

    7047

    21157

    2

    CHOTI SADRI

    3035

    12124

    11222

    26381

    3

    DALOT

    759

    21365

    3479

    25603

    4

    DHAMOTAR

    1191

    18570

    6456

    26217

    5

    DHARIYAWAD

    1725

    39744

    5501

    46970

    6

    PEEPALAKHUNT

    371

    29780

    3490

    33641

    7

    PRATAPGARH

    3322

    12618

    14660

    30600

    8

    SUHAGPURA

    723

    19664

    1906

    22293

    Total

    12707

    166394

    53761

    232862

    Block of Udaipur district

    1

    BADGAON

    2450

    12787

    11266

    26503

    2

    BHINDAR

    2521

    6469

    20935

    29925

    3

    GIRWA

    573

    27819

    5323

    33715

    4

    GOGUNDA

    2284

    15274

    12650

    30208

    5

    JAISAMAND

    675

    15709

    5950

    22334

    6

    JHADOL

    748

    26418

    8536

    35702

    7

    JHALLAARA

    1166

    20458

    8051

    29675

    8

    KHAIRWARA

    677

    19510

    5670

    25857

    9

    KOTRA

    231

    61208

    7220

    68659

    10

    KURABAD

    1167

    9679

    9735

    20581

    11

    LASADIA

    649

    22286

    3748

    26683

    12

    MAVLI

    3971

    9194

    17170

    30335

    13

    NAYAGAON

    502

    19475

    3700

    23677

    14

    PHALASIYA

    307

    25630

    5320

    31257

    15

    RISHABHDEV

    453

    29261

    4469

    34183

    16

    SALUMBAR

    1678

    16408

    12969

    31055

    17

    SARADA

    607

    19952

    5705

    26264

    18

    SAYRA

    2204

    13312

    12156

    27672

    19

    SEMAARI

    613

    17350

    6454

    24417

    20

    VALLABHNAGAR

    1436

    2777

    9467

    13680

    TOTAL

    24912

    390976

    176494

    592382

    Note: Salumber district was carved out of erstwhile Udaipur district on 7 August 2023. Separate Information in respect of this District is not available in NREGASoft.

                       

    This information was given by the Minister of State for Rural Development Shri Kamlesh Paswan in a written reply in Lok Sabha today.

    *****

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    MIL OSI Asia Pacific News

  • MIL-OSI Asia-Pac: Construction of roads under Pradhan Mantri Gram Sadak Yojna

    Source: Government of India (2)

    Ministry of Rural Development

    Construction of roads under Pradhan Mantri Gram Sadak Yojna

    Posted On: 04 FEB 2025 7:08PM by PIB Delhi

    A total of 8,34,716 km road length has been sanctioned under various ongoing interventions/verticals of Pradhan Mantri Gram Sadak Yojna (PMGSY), out of which 7,71,641 km Road length has already been completed and upgraded as on date. The details of road length sanctioned and completed under PMGSY during the last three years, State-wise including Tamil Nadu and Gujarat is given at Annexure-I.

    The details of the Central share of funds released by the Ministry and expenditure incurred by the States (including State share) during each of the last three years, State-wise are given in Annexure-II.

    Further, the funds for implementation of the scheme are released by the Ministry to the State as a unit. Further release of funds to the Programme Implantation Units (PIUs) at the district level is done by the respective State Governments depending upon the absorption capacity of the PIU. The fund utilized in the district of Banaskantha, including State share, during each of the last three years is as follows:

    Year

    Expenditure including State share (₹ in crore)

    2021-22

    15.43

    2022-23

    19.87

    2023-24

    11.45

     

     Under PMGSY, in order to promote cost-effectiveness and new construction technologies in the construction of rural roads, including new materials/waste materials/ locally available materials, MoRD/ National Rural Infrastructure Development Agency (NRIDA) had issued ‘Guidelines on Technology Initiatives’, in May 2013. In order to promote innovations/latest technologies on large scale for wider adoption of new/ green technology in rural roads in a much systematic manner, MoRD/ NRIDA has revised the above guidelines and brought “Vision Document on New Technology Initiatives & Guidelines-2022. Under PMGSY, around 1,63,877 km of roads works has been sanctioned using new/ green technology out of which 1,14,789 km has been completed till date.

    Under PMGSY, maintenance of rural roads is the responsibility of the State/ UT Governments. The Ministry had issued guidelines for maintenance of roads constructed under the programme. Under PMGSY, roads are covered under a 5-year maintenance contract to be entered into along with a construction contract with the same contractor as per the Standard Bidding Document (SBD). Since the design life of PMGSY roads is ten years, the States have to undertake further five years of maintenance. A MoU has been signed with States/UTs to emphasize on maintenance of roads constructed under PMGSY. The Ministry has also implemented e-MARG i.e. software module for maintenance payments to the contractor during the defect liability period. The post five-year construction module of eMARG incorporates initial rehabilitation, renewal, pre- renewal routine maintenance, post-renewal maintenance and emergency repair works, as required. Maintenance funds to service the contract are required to be budgeted by the State Governments and placed at the disposal of the State Rural Roads Development Agencies (SRRDAs) in a separate maintenance account. On expiry of this 5-year post construction maintenance, PMGSY roads are required to be placed under Zonal maintenance contracts consisting of 5-year maintenance including renewal as per cycle, from time to time.

     

    The Union Cabinet on 11th September, 2024 approved implementation of the Pradhan Mantri Gram Sadak Yojana – IV (PMGSY-IV) during FY 2024-25 to 2028-29. Under the programme, financial assistance is to be provided for the construction of 62,500 Kms road for providing new connectivity to eligible 25,000 unconnected habitations of population size 500+ in plains, 250+ in NE & Hill Sates/UTs, special category areas (Tribal Schedule V, Aspirational Districts/Blocks, Desert areas) and 100+ in Left Wing Extremism (LWE) affected districts as per Census 2011 and construction/ upgradation of bridges on the new connectivity roads. Total outlay of this scheme will be Rs. 70,125 crores. The PMGSY-IV Guidelines have been circulated to all States/ UTs.

    Annexure-I

    State wise details of road length sanctioned and completed under PMGSY during last three years:

    (Road length in KM)

    Sl.No.

    State

    2021-22

    2022-23

    2023-24

    Road Length Sanctioned

    Road Length Completed

    Road Length Sanctioned

    Road Length Completed

    Road Length Sanctioned

    Road Length Completed

    1

    Andaman And Nicobar

    0

    14

    0

    31

    0

    43

    2

    Andhra Pradesh

    25

    1,282

    0

    1,051

    1,158

    369

    3

    Arunachal Pradesh

    0

    598

    0

    1,183

    1,743

    303

    4

    Assam

    0

    2,164

    933

    624

    0

    610

    5

    Bihar

    189

    1,862

    4,670

    1,961

    268

    2,251

    6

    Chhattisgarh

    0

    3,034

    615

    670

    1,525

    201

    7

    Goa

    0

    0

    0

    0

    0

    0

    8

    Gujarat

    0

    1,009

    0

    824

    2

    619

    9

    Haryana

    590

    1,384

    0

    414

    0

    344

    10

    Himachal Pradesh

    0

    1,624

    440

    1,126

    2,683

    317

    11

    Jammu And Kashmir

    0

    3,278

    1,217

    464

    535

    956

    12

    Jharkhand

    2,115

    995

    3,182

    1,053

    171

    1,431

    13

    Karnataka

    0

    2,560

    230

    1,629

    0

    457

    14

    Kerala

    567

    67

    0

    133

    595

    261

    15

    Madhya Pradesh

    5,408

    4,444

    982

    3,732

    295

    910

    16

    Maharashtra

    344

    199

    2,552

    1,144

    277

    1,570

    17

    Manipur

    0

    684

    0

    1,340

    502

    59

    18

    Meghalaya

    0

    826

    443

    481

    0

    399

    19

    Mizoram

    0

    346

    0

    192

    488

    149

    20

    Nagaland

    0

    198

    0

    69

    507

    132

    21

    Odisha

    3,999

    2,819

    0

    2,668

    148

    2,589

    22

    Puducherry

    0

    0

    0

    38

    0

    24

    23

    Punjab

    28

    289

    0

    453

    1,254

    956

    24

    Rajasthan

    0

    3,255

    2,384

    544

    493

    1,669

    25

    Sikkim

    0

    141

    0

    282

    305

    94

    26

    Tamil Nadu

    1,254

    2,063

    0

    847

    2,869

    985

    27

    Tripura

    0

    172

    232

    123

    550

    112

    28

    Uttar Pradesh

    12,274

    3,368

    0

    5,011

    454

    6,799

    29

    Uttarakhand

    1,157

    2,061

    1,091

    904

    1,241

    594

    30

    West Bengal

    0

    526

    857

    123

    0

    362

    31

    Telangana

    59

    631

    326

    496

    27

    493

    32

    Ladakh

    0

    109

    418

    139

    0

    41

    Total

    28,009

    42,004

    20,573

    29,749

    18,088

    26,100

     

     

    Annexure-II

    State-wise details of the funds released and expenditure incurred during last three years

    (₹ in crore)

    Sl. No.

    State Name

    Release of Central Fund

    Expenditure incurred including State share

     

    2021-22

    2022-23

    2023-24

    2021-22

    2022-23

    2023-24

    1

    Andaman And Nicobar

    9.22

    12.22

    12.22

    5.45

    7.51

    22.93

    2

    Andhra Pradesh

    50.00

    644.13

    140.64

    508.86

    748.63

    368.03

    3

    Arunachal Pradesh

    1090.60

    1018.74

    339.90

    1,279.07

    1,246.99

    320.09

    4

    Assam

    1591.50

    664.91

    391.29

    2,488.03

    1,118.21

    571.22

    5

    Bihar

    375.00

    1443.23

    963.37

    1,992.99

    2,088.54

    1,815.63

    6

    Chhattisgarh

    394.41

    995.87

    401.77

    1,902.34

    1,057.35

    388.09

    7

    Goa

    0.00

    0.00

    0.00

    0.00

    0.00

    0.00

    8

    Gujarat

    195.50

    266.63

    298.41

    400.16

    492.19

    330.33

    9

    Haryana

    353.23

    168.25

    74.01

    583.12

    213.81

    150.86

    10

    Himachal Pradesh

    517.45

    624.76

    617.56

    933.22

    626.84

    371.54

    11

    Jammu And Kashmir

    1328.34

    717.00

    1304.17

    1,485.28

    1,114.78

    1,256.96

    12

    Jharkhand

    0.00

    332.63

    752.80

    598.44

    745.63

    1,323.90

    13

    Karnataka

    704.25

    720.47

    72.25

    1,499.18

    864.71

    404.03

    14

    Kerala

    0.00

    106.76

    54.25

    46.91

    124.97

    164.95

    15

    Ladakh

    140.79

    109.97

    37.50

    109.66

    107.81

    30.44

    16

    Madhya Pradesh

    1392.25

    1557.47

    599.42

    2,419.14

    1,978.73

    1,105.16

    17

    Maharashtra

    0.00

    743.00

    1110.80

    376.73

    1,074.02

    1,507.37

    18

    Manipur

    742.00

    744.98

    161.29

    710.58

    539.11

    296.83

    19

    Meghalaya

    483.92

    405.89

    122.59

    536.92

    373.72

    238.19

    20

    Mizoram

    74.34

    584.20

    141.37

    332.86

    315.94

    381.62

    21

    Nagaland

    145.31

    183.15

    161.29

    125.83

    198.65

    94.01

    22

    Odisha

    404.12

    1235.88

    1262.55

    1,795.5

    2,088.9

    1,589.8

    23

    Puducherry

    11.66

    24.72

    0.27

    0.00

    27.08

    11.89

    24

    Punjab

    68.59

    231.06

    265.10

    295.14

    428.72

    522.95

    25

    Rajasthan

    917.51

    199.90

    404.79

    1,452.64

    372.38

    633.09

    26

    Sikkim

    107.28

    263.33

    94.37

    177.89

    230.34

    130.13

    27

    Tamil Nadu

    440.00

    613.70

    411.36

    1,169.56

    532.36

    777.78

    28

    Telangana

    86.38

    321.43

    296.9625

    410.80

    345.32

    479.41

    29

    Tripura

    73.88

    267.59

    185.03

    202.93

    152.90

    112.64

    30

    Uttar Pradesh

    1418.55

    2068.57

    2679.63

    2,074.26

    3,267.32

    3,791.65

    31

    Uttarakhand

    787.00

    1297.16

    551.05

    1,218.45

    1,350.02

    800.68

    32

    West Bengal

    49.94

    381.03

    99.275

    701.28

    394.75

    309.11

    Total

    13952.99

    18948.61

    14007.29

    27,833.22

    24,228.27

    20,301.27

    This information was given by the Minister of State for Rural Development Shri Kamlesh Paswan in a written reply in Lok Sabha today.

    *****

    MG/KSR/336

    (Release ID: 2099775)

    MIL OSI Asia Pacific News

  • MIL-OSI Asia-Pac: Removal of workers from Mahatma Gandhi National Rural Employment Guarantee Scheme

    Source: Government of India (2)

    Posted On: 04 FEB 2025 7:07PM by PIB Delhi

    Mahatma Gandhi National Rural Employment Guarantee Scheme (Mahatma Gandhi NREGS) is a demand-driven wage employment scheme and the responsibility of implementation of the scheme is vested with the Government of concerned States/UTs. Updation /deletion of Job Cards is a regular exercise conducted by the States/UTs. However, while deleting/ removing workers/Job cards, States/UTs have to ensure compliance with provisions of the Act and ensure that no job card of deserving or eligible household is deleted/cancelled. States/UTs-wise details of number of active workers deleted/cancelled from Mahatma Gandhi NREGS during the financial years 2022-23 and 2023-24 is given below.

    A total of 86,17,887 and 68,86,532 active workers have been deleted/cancelled during the Financial Year 2022-23 and 2023-24 respectively, for reasons such as fake/duplicate/incorrect job card, family shifted out of Gram Panchayat permanently, Village becomes classified as urban etc.

    States/UTs-wise details of number of active workers deleted/cancelled from Mahatma Gandhi NREGS during the financial years 2022-23 and 2023-24

    SI. No.

    State/UTs

    2022-2023

    2023-2024

    Active Workers

    Active Workers

    1

    Andaman And Nicobar

    11

    17

    2

    Andhra Pradesh

    485757

    360840

    3

    Arunachal Pradesh

    8315

    17008

    4

    Assam

    166823

    315937

    5

    Bihar

    1403802

    237655

    6

    Chhattisgarh

    274534

    595205

    7

    Dadra and Nagar Haveli and Daman and Diu

    0

    2

    8

    Goa

    4

    6

    9

    Gujarat

    201611

    258451

    10

    Haryana

    10016

    7089

    11

    Himachal Pradesh

    25399

    41045

    12

    Jammu And Kashmir

    44227

    108263

    13

    Jharkhand

    344051

    242883

    14

    Karnataka

    376577

    225536

    15

    Kerala

    14863

    51335

    16

    Ladakh

    3243

    1488

    17

    Lakshadweep

    0

    0

    18

    Madhya Pradesh

    790419

    1627427

    19

    Maharashtra

    195146

    102843

    20

    Manipur

    16740

    33268

    21

    Meghalaya

    9675

    60233

    22

    Mizoram

    5587

    8802

    23

    Nagaland

    8802

    13507

    24

    Odisha

    694696

    436230

    25

    Puducherry

    309

    325

    26

    Punjab

    107228

    33404

    27

    Rajasthan

    352408

    727700

    28

    Sikkim

    1067

    2195

    29

    Tamil Nadu

    233543

    270860

    30

    Telangana

    415200

    121422

    31

    Tripura

    15820

    49765

    32

    Uttar Pradesh

    1448978

    806253

    33

    Uttarakhand

    22951

    43291

    34

    West Bengal

    940085

    86247

    Total

    8617887

    6886532

             

    This information was given by the Minister of State for Rural Development Shri Kamlesh Paswan in a written reply in Lok Sabha today.

     

    *****

    MG/KSR/294

    (Release ID: 2099773) Visitor Counter : 30

    MIL OSI Asia Pacific News

  • MIL-OSI Asia-Pac: IMPACT OF GLOBAL WARMING AND CLIMATE CHANGE ON FARMERS

    Source: Government of India (2)

    Posted On: 04 FEB 2025 7:04PM by PIB Delhi

    Yes, the Government has taken several steps towards mitigation of adverse impact of global warming and climate change on agriculture in the country including Uttar Pradesh. The National Action Plan on Climate Change (NAPCC) provides an overarching policy framework to enable the country to adapt to climate change and enhance ecological sustainability. One of the National Missions under NAPCC is the National Mission for Sustainable Agriculture (NMSA), which implements strategies to make agriculture more resilient to the changing climate. Several schemes have also been initiated under NMSA to deal with the adverse climate situations. Per Drop More Crop (PDMC) scheme increases water use efficiency at the farm level through micro irrigation technologies i.e. drip and sprinkler irrigation systems. Rainfed Area Development focuses on Integrated Farming System for enhancing productivity and minimizing risks associated with climatic variability. The Soil Health & Fertility scheme assists states in promoting integrated nutrient management through judicious use of chemical fertilizers including secondary and micronutrients in conjunction with organic manures & bio-fertilizers for improving soil health and its productivity. Mission for Integrated Development of Horticulture, Agroforestry & National Bamboo Mission also promote climate resilience in agriculture. Further, Pradhan Mantri Fasal Bima Yojana along with weather index based Restructured Weather Based Crop Insurance Scheme provide a comprehensive insurance cover against crop failure by providing financial support to farmers suffering crop loss/damage arising out of unforeseen natural calamities. 

     

    The Indian Council of Agricultural Research (ICAR) under Ministry of Agriculture and Farmers Welfare, is implementing a flagship network project namely National Innovations in Climate Resilient Agriculture (NICRA). Through this project, various climate change mitigation activities have been under taken. In Uttar Pradesh, one cluster of 3 to 4 villages each from 17 districts viz., Baghpat, Bahraich, Banda, Basti, Chitrakoot, Gonda, Gorakhpur, Hamirpur, Jalaun, Jhansi, Kanpur (Dehat), Kaushambi, Kushi Nagar, Maharajganj, Pratapgarh, Sant Ravidas Nagar and Sonbhadra were taken up for technology adoption. Climate resilient technologies such as system of rice intensification, aerobic rice, direct seeding of rice, zero till wheat sowing, cultivation of climate resilient varieties tolerant to extreme weather conditions such as drought and heat; in-situ incorporation of rice residues; etc. have been developed and demonstrated in these districts. Capacity building programs to farmers on climate resilient agriculture in these districts were also undertaken.

     

    This information was given by Minister of State for Agriculture and Farmers Welfare, Shri Ramnath Thakur in a written reply in Lok Sabha today.

    ******

     MG/KSR

    (Release ID: 2099768) Visitor Counter : 60

    MIL OSI Asia Pacific News

  • MIL-OSI Asia-Pac: LANDLESS FARMERS WELFARE

    Source: Government of India (2)

    Posted On: 04 FEB 2025 7:02PM by PIB Delhi

    No specific census/survey of landless farmers has been conducted by this Ministry. Therefore, the exact number of landless farmers and farming on crop sharing basis with land-owners in the country is not available. However, number of wholly leased-in operational holdings/landless farmers in the country as per the latest Agriculture Census 2015-16 is 5,31,285.

    Agriculture being a State subject, the State Governments undertake implementation of agricultural schemes/programmes for the welfare of farmers including landless farmers and the Government of India also supplements these efforts through implementation of various central sector/centrally sponsored schemes/programmes. Among these, the schemes which specifically cover landless, tenant farmers and sharecroppers are the Pradhan Mantri Fasal Bima Yojana (PMFBY) & Restructured Weather Based Crop Insurance Scheme (RWBCIS) and Kisan Credit Card (KCC) scheme.

    Under the Kisan Credit Card (KCC) scheme, farmers receive KCC loans at a subsidized interest rate of 7%. To facilitate this, an up front interest subvention (IS) under Modified Interest Subvention Scheme (MISS) of 1.5% is provided to financial institutions. Additionally, farmers who repay their loans promptly receive a 3% Prompt Repayment Incentive (PRI), effectively reducing the interest rate to 4% per annum. The benefits of IS and PRI are available for loan limits up to Rs.3 lakhs. However, if the short-term loan is taken for allied activities (other than crop husbandry), the loan amount is limited to Rs.2 lakhs only. 

    As per master circular of RBI dated 04thJuly, 2018, under the KCC scheme, Oral lessees and Share croppers, Self Help Group or Joint Liability Groups of farmers including tenant farmers, share croppers are eligible for short term loans.

    Further, to provide relief to the farmers on occurrence of natural calamities, the component of interest subvention is available on the restructured amount to banks for the first year and such restructured loans would attract normal rate of interest from the second year onwards as per the policy laid down by RBI.

    IS and PRI on restructured crop loans is also given to farmers affected by severe natural calamities for a maximum period of 5 years based on the report of Inter-Ministerial Central Team (IMCT) for grant of NDRF assistance and Sub-Committee of National Executive Committee (SC-NEC).

    This information was given by Minister of State for Agriculture and Farmers Welfare, Shri Ramnath Thakur in a written reply in Lok Sabha today.

    ******

     MG/KSR

    (Release ID: 2099763) Visitor Counter : 57

    MIL OSI Asia Pacific News

  • MIL-OSI Asia-Pac: INSURANCE CLAIMS BY FARMERS

    Source: Government of India (2)

    Ministry of Agriculture & Farmers Welfare

    INSURANCE CLAIMS BY FARMERS

    Posted On: 04 FEB 2025 7:00PM by PIB Delhi

    The farmer applications who have availed the claims of crop insurance under Pradhan Mantri Fasal Bima Yojana (PMFBY) and Restructured Weather Based Crop Insurance Scheme (RWBCIS) in Rajasthan from 2019 to 2024, district-wise is given in Annexure –1.

    The number of farmer applications under PMFBY and RWBCIS has grown by 35.12% and 27.50% year-on-year during 2022-23 and 2023-24, respectively, and has reached an all-time high during 2023-24 since the inception of the scheme. The number of farmer applications under PMFBY and RWBCIS from 2019 to 2024 State-wise is given at

    Annexure-2.

    Government is committed to provide financial security to farmers against the crop loss due to adverse climatic conditions.   In order to secure the farmers against the crop yield losses due to natural risks/calamities, adverse weather conditions, pests & diseases etc. two major crop insurance schemes namely, PMFBY and RWBCIS are being implemented by the Government.   PMFBY provides comprehensive risk coverage from pre-sowing to post harvest losses against non-preventable natural risks whereas the RWBCIS provides indemnification for likely crop losses due to deviation in weather indices.   PMFBY is available to all farmers who insure their crops as per the provisions of the Scheme. However, the scheme is voluntary for farmers and State Governments.

    The actuarial/bidded premium rates are charged by implementing agencies. Extremely low premium rate across the country for the season is charged from the famers, which is maximum 2% of sum insured for Kharif crops, maximum 1.5% of sum insured for Rabi crops and maximum 5% of sum insured for commercial/horticultural crops.     Further, due to various interventions of Govt. of India, the premium rates under the scheme has reduced significantly due to which some States like Maharashtra, Odisha, Meghalaya, Puducherry and Jharkhand are paying farmers’ share of premium whereas the farmers are required to pay 1 rupee only. This is a step towards universalization of the scheme.  Remaining part of actuarial premium is shared by the Central and State Government on 50:50 basis except North Eastern States (from Kharif 2020) and Himalayan States (from Kharif 2023) where it is shared in the ratio of 90:10.

    Annexure -1

    District-wise details of farmer applications who have availed the claims of crop insurance in Rajasthan from 2019-20 to 2023-24

    District

    Farmer Applications to whom Claims paid under PMFBY/RWBCIS (No.)

    2019-20

    2020-21

    2021-22

    2022-23

    2023-24

    Ajmer

          48,010

       39,445

          76,561

      89,315

       1,03,912

    Alwar

          67,758

       15,747

       2,514

      37,585

        2,168

    Banswara

          35,285

          4,555

          13,139

      12,569

        9,356

    Baran

          41,628

       38,537

          59,655

      20,786

        9,395

    Barmer

       1,17,845

       1,43,193

       5,30,202

    1,52,481

       3,57,456

    Bharatpur

          43,607

          6,761

          15,133

      47,278

        4,203

    Bhilwara

          87,585

       1,03,159

       1,40,420

      95,872

       1,05,947

    Bikaner

       1,10,911

       2,11,203

       2,67,995

    1,01,439

      67,632

    Bundi

          59,231

       72,508

          70,729

      44,193

        9,587

    Chittaurgarh

       1,22,597

       56,774

       1,24,936

     

     

    Chittorgarh

     

     

     

    1,29,059

       1,38,887

    Churu

       2,57,302

        2,91,895

       2,64,576

    3,56,924

      38,244

    Dausa

          15,527

       12,532

         90

        7,836

        2,955

    Dhaulpur

       3,349

          66

          961

     

     

    Dholpur

     

     

     

        1,518

      254

    Dungarpur

          18,978

       14,536

          16,862

      25,021

        9,715

    Hanumangarh

       1,77,117

    2,31,777

       2,50,335

    2,18,984

      94,632

    Jaipur

          50,220

       50,166

          50,589

      76,582

       1,02,835

    Jaisalmer

          51,375

       65,289

          40,355

      31,220

      35,188

    Jalor

       1,08,491

       1,27,656

       3,37,612

     

     

    Jalore

     

     

     

    2,09,275

      72,150

    Jhalawar

    1,16,138

       1,35,414

       1,17,951

      88,815

      21,217

    Jhunjhunu

    1,24,499

       99,426

       1,86,095

    1,92,809

      76,186

    Jodhpur

    82,488

       81,992

       2,55,539

    1,51,266

       2,05,358

    Karauli

       5,830

          3,642

       6,652

        2,516

      137

    Kota

          54,449

       16,234

          59,719

      44,217

        5,734

    Nagaur

    91,844

       63,827

       1,51,289

    1,00,352

       1,06,183

    Pali

          47,864

       36,536

       1,26,373

      25,778

      76,189

    Pratapgarh

    38,186

       27,624

          25,578

      23,205

      22,994

    Rajsamand

    10,060

          6,526

       1,367

        6,131

        1,649

    Sawai Madhopur

    36,337

       16,183

          24,010

      35,526

      21,775

    Sikar

    85,866

       57,567

          74,066

    1,94,480

       1,30,719

    Sirohi

       5,133

          3,350

          25,001

        2,220

        8,082

    Sri Ganganagar

    86,501

       92,744

       1,01,704

      53,902

      53,188

    Tonk

    65,336

       57,600

    33,272

    1,10,177

        6,540

    Udaipur

    30,276

       29,439

    42,055

      38,748

    5,785

    Total

    22,97,623

    22,13,903

     34,93,335

    27,28,079

     19,06,252

    Annexure -2

    State-wise details of farmer applications insured under PMFBY/RWBCIS from 2019-20 to 2023-24

    State

    Numbers

    2019-20

    2020-21

    2021-22

    2022-23

    2023-24

    A & N Islands

       99

       339

      535

          173

    187

    Andhra Pradesh

    27,88,373

     

     

    1,25,63,699

      1,29,01,749

    Assam

    10,06,212

    16,60,076

    9,96,027

    4,89,983

       7,95,553

    Chhattisgarh

    40,17,118

    51,58,351

    58,38,755

        77,30,260

         81,24,956

    Goa

        886

       84

        64

          403

      234

    Gujarat

    24,80,726

     

     

     

     

    Haryana

        17,10,601

      16,50,558

      14,52,842

         14,46,631

      1,01,74,480

    Himachal Pradesh

       2,84,009

        2,40,727

       2,33,725

       2,67,643

       2,78,051

    Jammu & Kashmir

     

     

       90,834

       91,582

       2,45,630

    Jharkhand

       10,92,116

     

     

     

     

    Karnataka

       19,45,207

      15,87,801

       19,17,808

         26,84,781

         30,15,023

    Kerala

          58,135

       76,317

          98,510

       1,46,546

       1,74,141

    Madhya Pradesh

        83,97,265

      84,52,044

    92,64,216

      1,77,32,045

      1,77,95,819

    Maharashtra

        1,45,66,294

    1,24,06,368

     99,02,582

      1,07,33,909

      2,41,85,161

    Manipur

       3,256

       –  

       2,807

        4,066

        5,073

    Meghalaya

          607

        130

     

      337

      38,569

    Odisha

        48,79,301

      97,52,474

    81,73,856

    80,20,763

      1,40,97,157

    Puducherry

          12,014

       10,980

      35,818

      38,384

      42,224

    Rajasthan

        86,16,616

    1,07,59,591

    3,44,70,735

      3,90,96,690

      3,89,87,544

    Sikkim

         21

          85

       2,422

        5,025

        3,104

    Tamil Nadu

        38,93,787

      58,87,474

       59,11,015

         61,43,139

         54,55,753

    Telangana

        10,34,223

     

     

     

     

    Tripura

          36,382

        2,57,236

       3,35,514

       3,56,201

       3,73,362

    Uttar Pradesh

        46,97,567

      41,90,508

       40,68,679

         42,83,804

         60,25,293

    Uttarakhand

       2,12,675

        1,70,812

       1,82,762

       2,82,068

       2,26,809

    Total

    6,17,33,490

    6,22,61,955

    8,29,79,506

    11,21,18,132

     14,29,45,872

    This information was given by Minister of State for Agriculture and Farmers Welfare, Shri Ramnath Thakur in a written reply in Lok Sabha today.

    ******

     MG/KSR

    (Release ID: 2099760)

    MIL OSI Asia Pacific News

  • MIL-OSI Asia-Pac: PROJECTS UNDER AGRICULTURE INFRASTRUCTURE FUND

    Source: Government of India (2)

    Posted On: 04 FEB 2025 6:55PM by PIB Delhi

    With an objective to address the existing gaps in post-harvest management infrastructure in the country, the flagship scheme of Agriculture Infrastructure Fund (AIF) was launched in 2020-21 to strengthen the infrastructure in the country through creation of farm gate storage and logistics infrastructure to enable farmers to store and preserve their farm produce properly and sell them in the market at better price with reduced post-harvest losses and lesser number of intermediaries. Improved post-harvest management infrastructure like warehouses, Cold stores, sorting and grading units, ripening chambers etc will allow farmers to sell directly to a larger base of consumers and hence, increase value realization for the farmers. This will improve the overall income of farmers.  As on 26.01.2025, Rs. 56334 Crores have been sanctioned for 92393 projects under AIF, out of this total sanctioned amount, ₹41996 crores are covered under scheme benefits. These sanctioned projects have mobilized an investment of Rs.91856 crores in agriculture sector.

    In state of Andhra Pradesh, ₹2819 cr (Including Rs. 924 in principle sanctions for PACS by NABARD) have been sanctioned for 2686 projects under AIF. The total project cost for these sanctioned projects is ₹4124 crore. The district- wise details of projects identified and approved for providing support under Agriculture Infrastructure Fund (AIF) in the State of Andhra Pradesh is given in Annexure.

    As per the MoU signed by The Department with the Banks and other lending institutions, Interest rate on AIF loans should not exceed the cap fixed at 9% per annum. Again, all loans under this financing facility will have interest subvention of 3% per annum up to a limit of ₹ 2 crore. This subvention will be available for a maximum period of 7 years. In case of loans beyond ₹ 2 crore, then interest subvention will be limited up to ₹ 2 crore.

    As on 26.01.2025, Rs. 56334 Crores have been sanctioned to applicants for 92393 projects under AIF which leaves an amount of Rs 43,666 crore remain to be sanctioned by the lending institutions by 2025-26.

    To achieve the ambitious target of ₹1 lakh crore within the deadline, a series of strategic initiatives have been undertaken. The Union Cabinet has approved the progressive expansion of the Agriculture Infrastructure Fund (AIF). Key measures include allowing viable community farming assets for all eligible beneficiaries, including secondary processing projects integrated with primary processing in eligible activities, and converging AIF with PM-KUSUM Component-A. Additionally, NABSanrakshan is also included in scheme to extend credit guarantee support to FPOs. The recently concluded annual Bankers’ Conclave on 23.01.2025 at NABARD, Mumbai brought together top executives from banks and financial institutions to strengthen commitment and accelerate approvals. Additionally, multiple state-level conclaves are being planned over the coming months to engage regional stakeholders, address challenges, and enhance outreach. Regular interaction with AIF Nodal Officers of banks and state governments is being conducted to boost awareness, streamline processes, and promote the AIF initiative effectively. These efforts aim to create momentum, ensure timely sanctions, and drive funding toward the ₹1 lakh crore target.

    Annexure

     

    The district- wise details of projects identified and approved for providing support under Agriculture Infrastructure Fund (AIF) in the State of Andhra Pradesh

     

     (Amount in Rs Crore)

    SN

    District

    Sanctioned No.

    Sanctioned Amt.

    1

    East Godavari

    258

    228

    2

    Guntur

    116

    195

    3

    Krishna

    199

    143

    4

    Palnadu

    101

    127

    5

    West Godavari

    284

    109

    6

    Sri Potti Sriramulu Nellore

    111

    95

    7

    Eluru

    116

    94

    8

    Ananthapuramu

    114

    85

    9

    Nandyal

    160

    83

    10

    Kakinada

    101

    75

    11

    Vizianagaram

    186

    72

    12

    Srikakulam

    187

    72

    13

    Bapatla

    89

    71

    14

    Kurnool

    90

    66

    15

    Tirupati

    42

    58

    16

    Dr. B.R. Ambedkar Konaseema

    127

    55

    17

    Ntr

    48

    50

    18

    Prakasam

    69

    48

    19

    Chittoor

    31

    44

    20

    Y.S.R.

    58

    35

    21

    Parvathipuram Manyam

    64

    29

    22

    Sri Sathya Sai

    54

    23

    23

    Anakapalli

    42

    17

    24

    Visakhapatnam

    24

    15

    25

    Alluri Sitharama Raju

    9

    6

    26

    Annamayya

    6

    2

    Grand Total

    2686

    1895#

    *Information is based on the applications received on AIF portal.

    # Excluding the Rs. 924 Crore in principle sanctions for PACS by NABARD

    This information was given by Minister of State for Agriculture and Farmers Welfare, Shri Ramnath Thakur in a written reply in Lok Sabha today.

    ******

     MG/KSR

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    MIL OSI Asia Pacific News