Category: India

  • MIL-OSI Economics: Lending and Deposit Rates of Scheduled Commercial Banks – May 2025

    Source: Reserve Bank of India

    Data on lending and deposit rates of scheduled commercial banks (SCBs) (excluding regional rural banks and small finance banks) received during the month of May 2025 are set out in Tables 1 to 7.

    Highlights:

    Lending Rates:

    • The weighted average lending rate (WALR) on fresh rupee loans of SCBs stood at 9.26 per cent in April 2025 (9.35 per cent in March 2025).

    • The WALR on outstanding rupee loans of SCBs declined to 9.70 per cent in April 2025 from 9.77 per cent in March 2025.1

    • 1-Year median Marginal Cost of Funds based Lending Rate (MCLR) of SCBs moderated to 8.95 per cent in May 2025 from 9.00 per cent in April 2025.

    Deposit Rates:

    • The weighted average domestic term deposit rate (WADTDR) on fresh rupee term deposits of SCBs stood at 6.30 per cent in April 2025 as compared to 6.65 per cent in March 2025.

    • The weighted average domestic term deposit rate (WADTDR) on outstanding rupee term deposits of SCBs was 7.01 per cent in April 2025 (7.03 per cent in March 2025).1

    Ajit Prasad          
    Deputy General Manager
    (Communications)    

    Press Release: 2025-2026/445


    MIL OSI Economics

  • MIL-OSI USA: Ready for the summer: Governor Newsom announces lifesaving heat-ranking tool, invests $32 million to help communities combat extreme heat

    Source: US State of California 2

    May 29, 2025

    What you need to know: California is launching CalHeatScore – a groundbreaking tool to help protect vulnerable populations from dangerous heatwaves. The state’s new tool provides localized warnings and resources for extreme heat events. Governor Newsom is also announcing $32.4 million in funding to help 47 California communities protect people from dangerous heat events.

    SACRAMENTO – With summer around the corner and temperatures expected to soar to record highs this weekend, California is taking new actions to protect communities from extreme heat – the number one cause of weather-related deaths in the state. 

    Governor Gavin Newsom today announced the launch of CalHeatScore, a cutting-edge tool to forecast and rank heat severity risks and connect Californians with available resources to stay safe during extreme heat events. With CalHeatScore, California becomes the first state in the nation – and one of the only jurisdictions in the world – to launch a heat-ranking system. Today’s announcement comes as the Trump Administration makes life-threatening cuts to the federal government’s weather monitoring apparatus.

    CalHeatScore, developed by the California Environmental Protection Agency’s Office of Environmental Health Hazard Assessment (OEHHA), brings together ZIP-code level data to provide locally tailored guidance. The tool identifies groups most susceptible to extreme heat – such as older adults and children – and provides tips for staying safe, such as how to recognize signs of heat illness. The tool additionally integrates other important data sets, like locations for the nearest cooling centers.

    Map above shows CalHeatScore extreme heat forecast for Friday, May 30. The darkest shades represent the highest heat score of 4 (scale of 0 to 4).

    Governor Newsom additionally announced $32.4 million to support 47 California communities in lifesaving extreme heat mitigation efforts. The Extreme Heat and Community Resilience Program aims to support local, tribal, and regional efforts to combat dangerous heat exposure by building long-lasting infrastructure solutions and strengthening community resilience needed to withstand extreme heat events.

    Extreme heat kills – and with the federal government cutting the very programs that help forecast it, California is taking aggressive action to protect residents from the impacts of extreme heat and build resilience in our most vulnerable communities.

    With the first major heat of the summer expected this weekend, we’re connecting more Californians – particularly those that are most vulnerable to dangerous heat – to life-saving information, resources, and programs across the state.

    Governor Gavin Newsom

    In a hotter, drier world, connecting Californians with extreme weather information and resources has never been more important – especially as the federal government cuts critical programs providing pertinent information on weather.

    First-in-the-nation heat-ranking tool

    The new CalHeatScore tool will be leveraged across state government, providing early warning that allows resources to be mobilized with greater speed and precision to communities that need it. To ensure the new tool works for Californians, the state will continue gathering input from the public, which will be used to shape future updates. 

    “Every single preventable death is one too many,” said Yana Garcia, California’s Secretary for Environmental Protection. “This groundbreaking tool will help Californians plan and respond so they can stay safe when a heat wave is about to strike. And it will shore up the state’s all-in fight against the very real dangers that climate change keeps bringing to our doorstep.”

    In 2021, the California Department of Insurance’s Climate Insurance Workgroup recommended California build a system to rank heat waves to better communicate the deadly risks to Californians and help communities prepare, similar to how tropical storms and hurricanes are described by “category” level. 

    As part of a broader climate package in 2022, Governor Newsom signed Assembly Bill 2238 by Assemblymember Luz Rivas to codify CDI’s recommendation by requiring the state to develop a statewide extreme heat ranking system. 

    “CalHeatScore is an important tool to prepare Californians for extreme heat,” said Nancy Ward, Director of the California Governor’s Office of Emergency Services (Cal OES). “It helps increase our readiness for heat events and protect those at greatest risk.”

    Chart above shows the range of CalHeatScore rankings.

    Building on investments to protect Californians

    The funding announced today builds on the Governor’s Extreme Heat Action Plan, which guides the state’s response to extreme heat events. Developed in partnership with more than 20 state agencies and informed by more than 1,000 individuals through listening sessions and public engagement, these grants respond directly to community needs and build on existing state programs. 

    Extreme heat solutions announced today combine physical infrastructure with nature-based solutions and in-home technology to create more resilient communities. In Los Angeles, the county will work with local organizations to provide safer spaces by planting tree canopies, installing water fountains, and hosting educational programming in parks across the county. In Northern California, North Coast Opportunities and the Middletown Rancheria of Pomo Indians of California, will partner to provide solar-powered air conditioning in the homes of vulnerable community members.  

    “California is taking aggressive action to protect residents from the impacts of extreme heat and build resilience in our most vulnerable communities,” said Samuel Assefa, Director of Governor’s Office of Land Use and Climate Innovation (LCI), the agency overseeing the funding. “With lives on the line each summer, the Extreme Heat and Community Resilience Program will provide critical infrastructure investments in heat vulnerable communities.”

    Extreme heat is the leading cause of weather-related deaths in the state, claiming more lives annually than any other climate threat, including fires and floods. Last year, California communities experienced the hottest summer on record in 130 years. According to a report from the Department of Insurance, from 2013 to 2022, seven extreme heat events resulted in nearly 460 deaths, over 5,000 hospitalizations and about 344 adverse birth outcomes.

    State research shows a correlation between heat and a range of negative health effects including death, lower birth weight, and increased emergency room visits and hospitalizations for conditions ranging from heart conditions to poor mental health. Extreme heat also takes an economic toll on the state, with an estimated $7.7 billion of lost wages, agricultural disruptions, and power outages. 

    Extreme heat calls for more water 

    During periods of extreme heat, access to water is more critical than ever to prevent illness and death. California is expected to lose 10% of its water supply due to hotter and drier conditions, threatening the water supply for millions of Californians. As part of the May Revision, the Governor advanced a groundbreaking proposal to fast-track and streamline one of California’s most important water management and climate adaptation projects, the Delta Conveyance Project, creating much-needed and long-overdue improvements to the State Water Project, which provides water for 27 million people and 750,00 acres of farmland. These vital improvements will help offset and recover these future climate-driven water losses, and yet, it has been plagued by delays and red tape.

    Without action, the ability of the State Water Project to reliably deliver water to homes, farms and businesses will decline. The Governor calls on the legislature to quickly adopt these improvements to ensure that California is ready for a drier and hotter future, and its communities are safe and protected.   

    Press releases, Recent news

    Recent news

    News Sacramento, California – Governor Gavin Newsom today issued a proclamation declaring May 2025, as “Asian American and Pacific Islander Heritage Month.”The text of the proclamation and a copy can be found below: PROCLAMATIONCalifornia is home to more than 6…

    News SACRAMENTO – Governor Gavin Newsom today announced the following appointments:LaCandice Ochoa, of Sacramento, has been appointed Deputy Director of the Independent Living and Community Access Division at the Department of Rehabilitation. Ochoa has been Dean of…

    News SACRAMENTO – Governor Gavin Newsom issued the following statement after a federal court ruled today that President Trump exceeded his use of emergency powers to enact broad-sweeping tariffs that hurt states, consumers, and businesses: “Like we said when we filed…

    MIL OSI USA News

  • Stock market ends lower ahead of key GDP data

    Source: Government of India

    Source: Government of India (4)

    The domestic market closed lower in Friday’s trading session. At the end of trading, the Sensex was down 182.01 points or 0.22 per cent at 81,451.01 while the Nifty was down 82.9 points or 0.33 per cent at 24,750.70.

    Midcap and smallcap closed almost flat. The Nifty Midcap 100 index closed down 37.25 points at 57,420.00 and the Nifty Smallcap 100 index closed down 6.10 points at 17,883.30.

    Metal and IT stocks led the decline. Nifty Metal index closed down by 1.69 per cent and Nifty IT index down by 1.15 per cent. Apart from this, auto, pharma and FMCG sectors also saw a decline. Only PSU bank, financial services and media indices closed in the green.

    The Nifty remained volatile with a slightly negative bias on the first day of the June series. On the smaller time frame, the index has formed a bearish moving average crossover.

    “The RSI on the hourly chart indicates bearish price momentum, suggesting short-term weakness. Additionally, signs of exhaustion are visible on the daily RSI, accompanied by a strong negative divergence,” said Rupak De, Senior Technical Analyst at LKP Securities.

    However, Nifty has been struggling to move beyond a certain level. Immediate support is placed at 24,700; a breach below this level could lead to a decline towards 24,500. On the higher side, 24,800 is likely to act as a crucial resistance, as call writers have built significant positions at that level.

    The impact of GDP figures will be seen on the market in coming trading sessions, said analysts.

    A range-bound movement continued in the market, with the temporary reinstatement of US tariffs by the appeal court influencing investors to stay sidelined.

    “The global market may contend with macroeconomic concerns as the global trade landscape has yet to see stability, which may navigate a short-term consolidation. Meanwhile, FII inflows continued due to the volatility in the US 10-year yield and an expectation of solid domestic Q4 GDP data later today and a rate cut by RBI,” said Vinod Nair, Head of Research, Geojit Investments Limited.

    Rupee traded weak by 8 paise at 85.52 as the dollar index gained 0.25 per cent to 99.46.

    (IANS)

  • IPL 2025 Eliminator: Titans eye hat-trick of finals as Mumbai’s legacy hangs in the balance

    Source: Government of India

    Source: Government of India (4)

    The Gujarat Titans and Mumbai Indians will lock horns in a do-or-die Eliminator clash on Friday at the newly inaugurated Punjab Cricket Association (PCA) Stadium in Mullanpur. The loser of this high-stakes encounter will be sent packing, while the winner will advance to Qualifier 2 to face the Punjab Kings on June 1 at the Narendra Modi Stadium in Ahmedabad.

    Gujarat Titans secured third place in the league stage with nine wins from 14 matches, narrowly edging past Mumbai Indians, who finished fourth with eight victories.

    Both teams enter the contest on the back of recent defeats — GT suffered a heavy 83-run loss to Chennai Super Kings, despite a resilient 41 from Sai Sudharsan, while MI were outplayed by Punjab Kings, losing by seven wickets even as Suryakumar Yadav fought valiantly with a 57-run knock.

    Head-to-head

    Historically, the two franchises have met seven times in the IPL, with the Titans holding a clear upper hand over the five-time champions. Their most recent encounter earlier this season also ended in Gujarat’s favour, adding to their psychological edge.

    In just three seasons since their inception, the Gujarat Titans have made a significant impact — lifting the trophy in 2022 and finishing runners-up in 2023. Mumbai Indians, on the other hand, bring with them a rich legacy as one of the league’s most decorated franchises, with five IPL titles — a record they share with Chennai Super Kings.

     

  • Heavy rain forecast for Assam during next two days

    Source: Government of India

    Source: Government of India (4)

    The India Meteorological Department (IMD) on Friday issued a weather alert for Assam, forecasting heavy to extremely heavy rainfall over the next 2–3 days, particularly across the western and southern districts of the state.

    The inclement weather is expected to intensify within the next 24 hours, prompting authorities to ramp up emergency preparedness.

    According to the IMD’s latest bulletin, a well-marked low-pressure area lay over the northwest Bay of Bengal, off the Odisha coast, at 8:30 am on Friday. This system is accompanied by a cyclonic circulation extending up to 7.6 km above mean sea level, tilting southward with altitude. It is projected to gradually move northward and intensify into a depression over the north Bay of Bengal within the next 24 hours.

    Under the influence of this developing weather system, widespread thunderstorms, lightning, and gusty winds are expected to lash several districts, including Cachar, Hailakandi, Dhubri, South Salmara, Goalpara, Barpeta, Bongaigaon, Kokrajhar, Chirang, West Karbi Anglong, Bajali, Baksa, Tamulpur, Nalbari, Kamrup (Metro and Rural), Darrang, Udalguri, Morigaon, Nagaon, Hojai, Sonitpur, Dima Hasao, and others.

    In Guwahati, authorities are bracing for potential urban challenges such as waterlogging, slow-moving traffic, tree falls, and localised landslides, particularly in vulnerable zones.

    The city’s disaster management teams are on high alert and closely tracking the evolving situation.

    The Assam State Disaster Management Authority (ASDMA) has appealed to residents across the state, especially those in Guwahati, to exercise caution and take preventive measures.

    Citizens are advised to avoid unnecessary travel during periods of intense rainfall, and those in low-lying or landslide-prone areas are urged to remain vigilant.

    “Daily commuters and long-distance travellers should plan accordingly. Stay updated with official weather alerts and follow local advisories,” an ASDMA spokesperson said, adding that real-time updates will be provided to keep the public informed throughout the weather event.

    Authorities reiterated the importance of preparedness to minimise risks associated with the expected deluge, urging the public to prioritise safety until conditions improve.

    (With inputs from IANS)

  • MIL-OSI Economics: Monthly Data on India’s International Trade in Services for the Month of April 2025

    Source: Reserve Bank of India

    The value of exports and imports of services during April 2025 is given in the following table.

    International Trade in Services
    (US$ million)
    Month Receipts (Exports) Payments (Imports)
    January – 2025 34,726
    (12.0)
    16,706
    (12.6)
    February – 2025 31,625
    (11.6)
    14,506
    (-4.8)
    March – 2025 35,600
    (18.6)
    17,475
    (5.3)
    April – 2025 32,843
    (8.8)
    16,909
    (0.9)
    Notes: (i) Data for January-April are provisional; and
    (ii) Figures in parentheses are growth rates over the corresponding month of the previous year which have been revised on the basis of balance of payments statistics.

    Ajit Prasad          
    Deputy General Manager
    (Communications)    

    Press Release: 2025-2026/444

    MIL OSI Economics

  • MIL-OSI Economics: Verizon dominates Indy 500 Data connectivity

    Source: Verizon

    Headline: Verizon dominates Indy 500 Data connectivity

    INDIANAPOLIS, IN – The 2025 Indianapolis 500 race set a new milestone for data usage and connection at the Indianapolis Motor Speedway on the Verizon network. In just one day, inside the Indianapolis Motor Speedway, a total of 172 terabytes (TB) of data was used on the Verizon network, more than we’ve ever seen on the network at this race and one of the highest data usage events Verizon has ever recorded.

    “Connecting a city’s worth of fans at the Indy 500, with more unique users than the Super Bowl had attendees, is a massive undertaking, putting unprecedented demand on wireless networks. We had more data running on our network than any previous NFL draft, and nearly twice the data of any Super Bowl in recorded history. The work and skill that goes into setting up a network to keep hundreds of thousands of people connected in one place is an incredible achievement. It’s the dedication from our teams that ensures our customers don’t have to worry about their phones during this event, no matter the scope,” said Andy Brady, President of Verizon Great Lakes.

    “The unprecedented data usage we witnessed during the 2025 Indy 500 highlights the incredible passion and engagement of our fans,” said Doug Boles, President of Indianapolis Motor Speedway. “The ability for fans to share their experiences in real-time through Verizon’s robust network significantly enhances the event’s atmosphere and global reach. This level of connectivity is crucial for modern sports experiences, and we’re thrilled to partner with Verizon to deliver it.”

    The data doesn’t just speak for itself; it shouts. Verizon’s network experienced an extraordinary surge at the 2025 Indy 500, with 5G Ultrawideband (UW) playing a dominant role. To put 172 TB into context, that’s equivalent to more than 57 million digital photos (3 MB average). Here are the amazing results:

    • Explosive 5G Growth: A staggering 74.6% leap in 5G UW volume of 61 TB inside the track over last year’s race (43 TB), revealing how fans are embracing the speed and capacity of 5G.
    • Surging Overall Traffic: A massive 48.5% increase in total combined 4G and 5G UW data volume inside IMS, proving the network’s capability to handle the intense demand.
    • High fan engagement: 15 TB of the 61 TB used inside the track was uploaded data, highlighting the high levels of fans sharing in real time.
    • Surrounding Network Impact: Outside the track, more than 111 TB of data volume was used on the network, showing the event’s broader impact.
    • Combined Volume Growth: The combined data volume inside and outside the venue was nearly 172 TB – a 35% increase from last year’s race day, demonstrating substantial year-over-year growth.

    The key driver behind this data explosion was this year’s commercial activation of 5G Standalone at the IMS, allowing fans to easily upload videos and share their experiences in real time, further enhancing the fan experience. “This record breaking amount of traffic really highlights the rapid growth of 5G and how it’s truly built to handle massive events like the Indy 500. The data capacity of the Verizon network is unmatched,” said Brady.

    MIL OSI Economics

  • Serbia says it will investigate Russian accusations that it ships arms to Ukraine

    Source: Government of India

    Source: Government of India (4)

    Serbia and Russia will jointly investigate how Serbia-made ammunition reached Ukraine, President Aleksandar Vucic said, after Moscow accused Belgrade of exporting arms to the government in Kyiv.

    The SVR, the Russian foreign intelligence service, accused Belgrade of “a stab in the back”, alleging Serbia’s defence manufacturers were selling ammunition and weapons to Ukraine.

    “They (arms sales) have one clear purpose – to kill and maim Russian military personnel and the civilian population,” the SVR said in a statement posted on its website on Thursday.

    The SVR said Serbia sends arms shipments to Ukraine through NATO intermediaries, including the Czech Republic, Poland and Bulgaria, as well as some African countries.

    Serbia maintains a balancing act between its historical ties with Russia and the European Union. Belgrade has condemned the Russian invasion of Ukraine, but has so far refused to join Western sanctions against Moscow.

    Vucic told state RTS TV he discussed Serbian arms exports to Ukraine with Russia’s leader Vladimir Putin when he visited Moscow on May 9, and denied some of the SVR’s allegations.

    “We have formed a working group, together with Russian partners, to establish the facts. Some of the things that have been said are not true,” he told RTS TV late on Thursday.

    According to a classified Pentagon document, Serbia in 2023 agreed to supply arms to Kyiv, despite the country’s professed military neutrality. Moscow has criticised Belgrade several times over the issue.

    The Serbian defence industry produces weapons and ammunition with designs largely stemming from the ex-Soviet military technology of the 1980s, similar to those used both in Ukraine and Russia.

    “Our factories must live and work. About 24,000 people work directly in the defense industry,” Vucic said.

    Serbia wants to join the European Union, but Russia, a Slavic and Orthodox Christian ally, remains its biggest gas supplier, and the country’s sole oil refinery is majority-owned by Gazprom and Gazprom Neft.

    Although Belgrade has refused to join Western sanctions on Russia over its invasion of Ukraine, it has condemned Moscow’s policies in the United Nations and expressed support for Ukraine’s territorial integrity, including territories held by Russia. Vucic has also met Ukrainian President Volodymyr Zelenskiy at least three times.

    (Reuters)

  • Centre issues norms to curb illegal sale of radio equipment on e-com sites

    Source: Government of India

    Source: Government of India (4)

    The Central Consumer Protection Authority (CCPA), under the Ministry of Consumer Affairs, Food and Public Distribution, on Friday issued norms to curb the illegal sale of radio equipment on e-commerce sites.

    The Guidelines for the Prevention and Regulation of Illegal Listing and Sale of Radio Equipment including Walkie Talkies on E-Commerce Platforms, 2025, aims to curb the unauthorised sale of wireless devices that may pose risks to consumer safety.

    The devices can mislead consumers regarding their legal position and interfere with critical communication networks, including those used by law enforcement and emergency services, said the Ministry.

    The guidelines were finalised following extensive inter-ministerial consultations with the Department of Telecommunications (DoT) and the Ministry of Home Affairs (MHA), where it was observed that walkie-talkies are being sold on e-commerce platforms without mandatory and clear disclosures regarding the requirement of wireless operating license or compliance with applicable laws.

    The product listings for walkie-talkies do not specify whether the device requires a license from the concerned authority for use.

    “The omission of details such as frequency range, licensing obligations under the Indian Telegraph Act, 1885, or the Wireless Telegraphy Act, 1933, and the Use of Low Power, Very Low Power Short Range Radio Frequency Devices (Exemption from Licensing Requirement) Rules, 2018 and the potential legal consequences of unauthorised use, misleads consumers into believing that the devices are freely operable by the general public,” the Ministry said.

    Further, the guidelines mandate that only authorised and compliant walkie-talkie devices operating on permitted frequencies are listed for sale on online platforms.

    It stated that product listings must specify frequency ranges and other technical parameters and include proof of regulatory approval (equipment type approval). It also requires e-commerce entities to undertake due diligence and verify regulatory compliance, including licensing where applicable, and listings lacking frequency information or necessary certification should be taken down.

    The new norms also prohibit misleading advertisements or product descriptions that may misinform consumers about the legal usage of such devices.

    Sellers should ensure that equipment listed for sale does not operate on frequencies that are not exempted from the requirement of frequency assignment and authorisation by the DOT and ensure that the frequency bands on the product description are clearly labelled.

    The guidelines also outline penalties and enforcement mechanisms for violations by the Consumer Protection Act, 2019.

    Previously, the CCPA issued 13 notices against 16, 970 product listings to leading digital marketplaces against the listing and sale of walkie-talkies on e-commerce platforms. These were found without proper frequency disclosure, licensing information, or Equipment Type Approval (ETA), thereby, violating the Consumer Protection Act, 2019.

    “These platforms are under constant monitoring and examination, in addition to notification of the guidelines,” the Ministry said.

    (IANS)

  • Heavy rains batter Kerala and coastal Karnataka: red alerts issued

    Source: Government of India

    Source: Government of India (4)

    Torrential monsoon rains wreaked havoc across Kerala and coastal Karnataka on Friday, triggering landslides, flooding, widespread power outages, and disrupting daily life in both states.

    Authorities have issued red alerts in several districts as the situation continues to worsen.

    In Kerala, heavy downpours led to extensive damage and waterlogging across multiple districts. The India Meteorological Department (IMD) issued red alerts for Idukki, Kannur, and Kasargod, and orange alerts for 11 other districts, including Thiruvananthapuram, Alappuzha, and Kottayam.

    Flooding in low-lying areas of Kottayam, Alappuzha, and Pathanamthitta forced hundreds of residents to seek refuge in relief camps.

    State Fisheries Minister Saji Cherian, expressing concern about the worsening situation in his hometown Chengannur, said: “Am told by people in the know of things that if the rain waters do not come down, what was witnessed in 2018 might happen.”

    “All district and revenue officials are on high alert and have been instructed to act swiftly if conditions deteriorate further,” Cherian told IANS.

    Public life has been significantly disrupted – educational institutions were closed in 11 out of 14 districts, train services were cancelled or delayed, and road transport suffered due to landslides and uprooted trees.

    Over five million homes experienced power outages, with the Kerala State Electricity Board estimating damages worth Rs 120 crore. In a tragic incident, an 85-year-old woman died in Ernakulam district after a tree fell on her during the storm.

    In coastal Karnataka, a six-year-old girl identified as Fathima Nayeema lost her life in a landslide in Montepadavu, Ullal taluk, near Mangaluru. The landslide buried two houses, prompting emergency rescue operations. While two people were pulled out safely, rescue efforts for three others trapped under debris are ongoing.

    In Mangaluru, relentless rain flooded several areas, with around 50 houses inundated in Kallapu, leading to emergency evacuations. The district administration declared a holiday for all schools, Anganwadi centres, and colleges, and issued strict advisories against venturing near the sea. Similar precautions were taken in Udupi, where educational institutions were also shut.

    The IMD has issued a red alert in Karnataka for Mangaluru, Udupi, Kodagu, Chikkamagaluru, and Hassan until June 2, while orange alerts are in place for Karwar, Shivamogga, Mysuru, Kalaburagi, and Bidar.

    Emergency helpline numbers have been issued, and a ban has been imposed on visiting beaches, rivers, and waterfalls in the affected coastal regions.

    Meanwhile, Bengaluru remained under a cloudy sky, with weather authorities predicting more rainfall in the coming days.

    (With inputs from IANS)

  • PM Modi inaugurates projects worth ₹47,600 crore in Kanpur, highlights India’s self-reliance in defence sector

    Source: Government of India

    Source: Government of India (4)

    Prime Minister Narendra Modi on Friday laid the foundation stone for development and defence-related projects worth approximately ₹47,600 crore during his visit to Kanpur, Uttar Pradesh. Addressing a large public gathering, the Prime Minister said that the visit, initially scheduled for April 24, was postponed following the terrorist attacks in Pahalgam.

    Paying tribute to Shubham Dwivedi, a resident of Kanpur who lost his life in the attack, the Prime Minister said the entire nation shares the sorrow and anguish of the victims. He also highlighted the success of Operation Sindoor, launched in response to the attacks, noting that the Indian armed forces destroyed terrorist hideouts in Pakistan and forced the adversary to plead for de-escalation.

    Reaffirming India’s stance against terrorism, the Prime Minister said, “Our response will be decisive. The timing and nature of our actions will be determined solely by our forces. India will no longer tolerate nuclear blackmail or make distinctions between state and non-state actors in Pakistan.” He added that Operation Sindoor is not yet over, and India will eliminate threats wherever they exist.

    Highlighting the strength of indigenous defence capabilities, PM Modi said Operation Sindoor showcased the impact of ‘Make in India’, with domestically produced weapons like the BrahMos missile hitting targets with precision. He reiterated the government’s commitment to making India self-reliant in defence, stating that the era of dependence on foreign countries for military needs is ending.

    He also pointed to the major role Uttar Pradesh is playing in this transformation, noting that seven historic ordnance factories, including the one in Kanpur, have now been converted into advanced defence production units. He underlined that the Uttar Pradesh Defence Industrial Corridor, especially the Kanpur node, is emerging as a key centre for the Atmanirbhar Bharat initiative in the defence sector.

    The Prime Minister informed the gathering that AK-203 rifle production has already commenced in Amethi, and the BrahMos missile system now has a new base in Uttar Pradesh, signalling the state’s growing stature in defence manufacturing. He added that with these developments, Uttar Pradesh is poised to lead India’s journey towards becoming a major defence exporter.

    The Prime Minister said that these investments will not only strengthen India’s defence sector but also create new employment opportunities for thousands of youth in the region. He expressed confidence that the upcoming defence-related projects will boost the state’s economy and industrial capabilities.

  • MIL-OSI: OTC Markets Group Welcomes Badger Infrastructure Solutions Ltd. to OTCQX

    Source: GlobeNewswire (MIL-OSI)

    NEW YORK, May 30, 2025 (GLOBE NEWSWIRE) — OTC Markets Group Inc. (OTCQX: OTCM), operator of regulated markets for trading 12,000 U.S. and international securities, today announced Badger Infrastructure Solutions Ltd. (TSX: BDGI; OTCQX: BDGIF), North America’s largest provider of non-destructive excavating and related services, has qualified to trade on the OTCQX® Best Market. Badger Infrastructure Solutions Ltd. upgraded to OTCQX from the Pink® market.

    Badger Infrastructure Solutions Ltd. begins trading today on OTCQX under the symbol “BDGIF.” U.S. investors can find current financial disclosure and Real-Time Level 2 quotes for the company on www.otcmarkets.com.

    Upgrading to the OTCQX Market is an important step for companies seeking to provide transparent trading for their U.S. investors. For companies listed on a qualified international exchange, streamlined market standards enable them to utilize their home market reporting to make their information available in the U.S. To qualify for OTCQX, companies must meet high financial standards, follow best practice corporate governance and demonstrate compliance with applicable securities laws.

    “We are excited to be added to the OTCQX® Best Market, which provides the opportunity to broaden our market access, enhance liquidity, and strengthen our U.S. investor presence. This move enhances our visibility within the U.S. investment community and provides a convenient way for investors to trade our shares in their own currency and local market. It positions us to expand our investor base as we continue to build sustainable, scalable growth while delivering exceptional service and value to our customers and stakeholders,” said Rob Blackadar, Badger Infrastructure’s President & CEO.

    About Badger Infrastructure Solutions Ltd.
    Badger Infrastructure Solutions Ltd. is North America’s largest provider of non-destructive excavating and related services. Badger works for contractors and facility owners in a broad range of infrastructure industries and in general commercial construction. Badger’s customers typically operate near high concentrations of underground power, communication, water, gas and sewer lines, where safety and economic risks are high and where non-destructive excavation provides a safe alternative for certain customer excavation requirements. The Company’s key technology is the Badger HydrovacTM, which uses a pressurized water stream to liquify the soil cover, which is then removed with a powerful vacuum system and deposited into a storage tank. Badger is unique in the non-destructive excavation industry because it designs and manufactures all of its hydrovac units at its plant in Red Deer, AB, which has an annual production capacity of more than 350 hydrovac units. To complement the Badger Hydrovac, the Company has a select number of specialty units, including combo trucks, sewer and flusher units, and Air Vacs. The Company is headquartered in Calgary, AB, has a U.S. administrative office and training centre in Brownsburg, IN, a suburb of Indianapolis, IN, and services customers from approximately 140 field locations across both Canada and the United Sates.

    About OTC Markets Group Inc.
    OTC Markets Group Inc. (OTCQX: OTCM) operates regulated markets for trading 12,000 U.S. and international securities. Our data-driven disclosure standards form the foundation of our three public markets: OTCQX® Best Market, OTCQB® Venture Market and Pink® Open Market.

    Our OTC Link® Alternative Trading Systems (ATSs) provide critical market infrastructure that broker-dealers rely on to facilitate trading. Our innovative model offers companies more efficient access to the U.S. financial markets.

    OTC Link ATS, OTC Link ECN, OTC Link NQB, and MOON ATS™ are each an SEC regulated ATS, operated by OTC Link LLC, a FINRA and SEC registered broker-dealer, member SIPC.

    To learn more about how we create better informed and more efficient markets, visit www.otcmarkets.com.

    Subscribe to the OTC Markets RSS Feed

    Media Contact:
    OTC Markets Group Inc., +1 (212) 896-4428, media@otcmarkets.com

    The MIL Network

  • Operation Sindoor is India’s frontal assault on terrorism, says Defence Minister Rajnath Singh

    Source: Government of India

    Source: Government of India (4)

    Defence Minister Rajnath Singh termed Operation Sindoor as India’s bold and decisive response to terrorism, emphasizing that the mission is “not over, but just a pause.” Addressing officers and sailors aboard India’s first indigenous aircraft carrier, INS Vikrant, off the Goa coast on Friday, Singh delivered a powerful message to Pakistan: any future misadventure will be met with the full force of the Indian Navy.

    “Operation Sindoor is not just a military action, it is India’s frontal assault on terrorism,” said Singh. “If Pakistan indulges in any unethical or hostile acts, it will face the firepower and resolve of our Navy.”

    The Defence Minister praised the Indian Navy’s silent yet impactful role during the operation. He said the powerful Carrier Battle Group played a crucial role in keeping the Pakistani Navy confined to its ports, ensuring it did not intervene during the coordinated Indian military response.

    Sending a strong message to Islamabad, Singh stated, “The time is up for the dangerous game of terrorism that Pakistan has played since Independence. India will not hesitate to take every necessary step to eliminate terrorism.” He reiterated that India retains the right to act against terrorist threats both across the border and in the seas, and called for Pakistan to hand over terrorists Hafiz Saeed and Masood Azhar—both UN-designated and accused in the 2008 Mumbai attacks.

    On the subject of talks with Pakistan, Singh was clear: “Dialogue will only happen on terrorism and Pakistan-occupied Kashmir (PoK). If Pakistan is serious about talks, it should first hand over the terrorists to India so that justice can be delivered.”

    Commending the Navy’s role in Operation Sindoor, Singh detailed the precision and readiness of India’s maritime forces. Within 96 hours of the April 22 Pahalgam terror attack, Indian naval units conducted successful missile and torpedo firings along both the western and eastern seaboards. The Navy’s aggressive deployment and coordination with the Air Force during airstrikes on terror bases underscored the seamless integration among India’s armed forces.

    He emphasized the power projection of the Carrier Battle Group as a symbol of India’s intent and capability. “The Indian Navy’s combat acumen and strategic might have broken the morale of the enemy,” he said, urging continued operational preparedness.

    Rajnath Singh highlighted the transformation of the Indian Navy into a strategic force that extends beyond regional responsibilities. “Today, the Navy is not just the guardian of the Indian Ocean but a force that projects India’s growing global influence,” he said, noting the Navy’s growing focus on cyber, data dominance, and strategic deterrence.

    Drawing a historical parallel, Singh recalled the pivotal role played by the original INS Vikrant during the 1961 Liberation of Goa. Now in its modern incarnation, the carrier once again leads India’s maritime resolve against terrorism.

    Singh was accompanied by Chief of the Naval Staff Admiral Dinesh K Tripathi, Flag Officer Commanding-in-Chief of the Western Naval Command Vice Admiral Sanjay J Singh, and other senior officials. He also reviewed frontline warships that were part of the Carrier Battle Group during the operation.

  • MIL-OSI United Kingdom: TRA proposes countervailing measure on PET from India be kept

    Source: United Kingdom – Executive Government & Departments

    Press release

    TRA proposes countervailing measure on PET from India be kept

    The TRA has set out its intended recommendation in a Statement of Essential Facts for its review of countervailing measures on PET from India.

    Polyethylene Terephthalate (PET)

    The Trade Remedies Authority (TRA) has published its initial findings that a countervailing measure on imports of polyethylene terephthalate (PET) from India be maintained for a further five years. 

    The proposal, published in a Statement of Essential Facts follows an assessment that subsidised imports are likely to recur if the measure was no longer applied and that injury to UK industry would also be likely to recur. The TRA also found that maintaining the measure is in the economic interest of the UK. 

    The TRA found that while Indian imports of PET during the investigation period were low (just 24 tonnes in 2023), the subsidy programmes identified in the original EU measure still exist and are likely to continue. The investigation also concluded that UK industry remains vulnerable to injury, with falling sales, reduced production capacity, and evidence of underutilisation among domestic producers. 

    The intended recommendation is to maintain existing countervailing duty rates, ranging from 0% to 13.8%, until August 2029. 

    Interested parties now have until 13 June 2025 to comment on the SEF. Responses will be considered before the TRA makes its final recommendation to the Secretary of State for Business and Trade. 

    The SEF and public file for this case can be accessed here

    Notes to editors:

    • The Trade Remedies Authority (TRA) is the UK body that investigates whether trade remedy measures are needed to counter unfair trading practices and unforeseen surges in imports. 

    • The TRA is an arm’s length body of the Department for Business and Trade. 

    • The period of investigation for this transition review was 1 January 2023 – 31 December 2023. The injury period was 1 January 2020 – 31 December 2023. 

    • This review forms part of the UK’s ongoing assessment of trade remedy measures transitioned from the European Union. 

    • Polyethylene Terephthalate (PET) is a type of plastic commonly used in food and beverage packaging, including bottles and containers. 

    • Countervailing (anti-subsidy) duties are one of three trade remedy tools used to address goods that are being unfairly subsidised by overseas governments and causing injury to UK industry.

    Updates to this page

    Published 30 May 2025

    MIL OSI United Kingdom

  • President Murmu honours 15 nurses with National Florence Nightingale Awards 2025

    Source: Government of India

    Source: Government of India (4)

    President Droupadi Murmu on Friday conferred the National Florence Nightingale Awards 2025 on 15 outstanding nursing professionals in a ceremony held at Rashtrapati Bhawan. The annual awards recognise the exceptional service and unwavering commitment of nurses from across India, who have played a pivotal role in strengthening the nation’s healthcare delivery system.

    The awardees, drawn from diverse states and healthcare settings, were honoured for their dedication, compassion, and resilience — hallmarks of the nursing profession. This year’s recipients include Auxiliary Nurse Midwives (ANMs), Lady Health Visitors (LHVs), and Registered Nurses serving in both government and voluntary healthcare services.

    Union Health Minister Jagat Prakash Nadda, along with Ministers of State for Health and Family Welfare Prataprao Jadhav and Anupriya Patel, attended the ceremony.

    Addressing the gathering, Nadda praised the awardees, saying, “This well-deserved recognition celebrates your dedication to serving humanity and will motivate you to keep making a positive impact. Our nurses are the pillars of India’s healthcare system, saving countless lives every single day.”

    Instituted by the Ministry of Health and Family Welfare, the National Florence Nightingale Awards include a Certificate of Merit, a medal, and a cash prize of ₹1 lakh. The award is presented annually to honour nurses, midwives, and health workers for their distinguished service.

    The Government of India, under the leadership of Prime Minister Narendra Modi, has undertaken several initiatives to bolster the nursing and midwifery professions. The recent enactment of the National Nursing and Midwifery Commission Act is expected to modernize nursing education and improve regulatory oversight. Additionally, the establishment of 157 nursing colleges alongside medical colleges is aimed at creating a robust, skilled nursing workforce capable of meeting the evolving healthcare needs of the country.

  • Astronomers scrutinize a star behaving unlike any other

    Source: Government of India

    Source: Government of India (4)

    Astronomers have spotted a star acting unlike any other ever observed as it unleashes a curious combination of radio waves and X-rays, pegging it as an exotic member of a class of celestial objects first identified only three years ago.

    It is located in the Milky Way galaxy about 15,000 light-years from Earth in the direction of the constellation Scutum, flashing every 44 minutes in both radio waves and X-ray emissions. A light-year is the distance light travels in a year, 5.9 trillion miles (9.5 trillion km).

    The researchers said it belongs to a class of objects called “long-period radio transients,” known for bright bursts of radio waves that appear every few minutes to several hours.

    This is much longer than the rapid pulses in radio waves typically detected from pulsars – a type of speedily rotating neutron star, the dense collapsed core of a massive star after its death. Pulsars appear, as viewed from Earth, to be blinking on and off on timescales of milliseconds to seconds.

    “What these objects are and how they generate their unusual signals remain a mystery,” said astronomer Ziteng Wang of Curtin University in Australia, lead author of the study published this week in the journal Nature.

    In the new study, the researchers used data from NASA’s orbiting Chandra X-ray Observatory, the ASKAP telescope in Australia and other telescopes.

    While the emission of radio waves from the newly identified object is similar to the approximately 10 other known examples of this class, it is the only one sending out X-rays, according to astrophysicist and study co-author Nanda Rea of the Institute of Space Sciences in Barcelona.

    The researchers have some hypotheses about the nature of this star. They said it may be a magnetar, a spinning neutron star with an extreme magnetic field, or perhaps a white dwarf, a highly compact stellar ember, with a close and quick orbit around a small companion star in what is called a binary system.

    “However, neither of them could explain all observational features we saw,” Wang said.

    Stars with up to eight times the mass of our sun appear destined to end up as a white dwarf. They eventually burn up all the hydrogen they use as fuel. Gravity then causes them to collapse and blow off their outer layers in a “red giant” stage, eventually leaving behind a compact core roughly the diameter of Earth – the white dwarf.

    The observed radio waves potentially could have been generated by the interaction between the white dwarf and the hypothesized companion star, the researchers said.

    “The radio brightness of the object varies a lot. We saw no radio emission from the object before November 2023. And in February 2024, we saw it became extremely bright. Fewer than 30 objects in the sky have ever reached such brightness in radio waves. Remarkably, at the same time, we also detected X-ray pulses from the object. We can still detect it in radio, but much fainter,” Wang said.

    Wang said it is thrilling to see a new type of behavior for stars.

    “The X-ray detection came from NASA’s Chandra space telescope. That part was a lucky break. The telescope was actually pointing at something else, but just happened to catch the source during its ‘crazy’ bright phase. A coincidence like that is really, really rare – like finding a needle in a haystack,” Wang said.

    (Reuters)

  • There could be no greater injustice: PM Modi accuses opposition of betraying Bihar, promises new era of progress

    Source: Government of India

    Source: Government of India (4)

    Prime Minister Narendra Modi on Friday took a sharp dig at the opposition during his public rally in Bikramganj, Rohtas district, accusing them of deceiving Bihar for decades and now attempting to misuse the narrative of social justice to regain power. Speaking to a large gathering, PM Modi said that under previous regimes, Bihar’s poor and marginalized communities—especially Dalits, backward classes, and tribal groups—were denied basic amenities and forced to migrate in search of better lives.

    “For decades, Dalits, backward classes, and tribal communities in Bihar lacked even basic sanitation,” PM Modi said. He added that many were denied access to banking services, remained homeless, and lived without proper shelter. “Is this the social justice promised by the opposition? I say there can be no greater injustice than this,” he asserted.

    The Prime Minister criticized opposition parties for not genuinely caring about the struggles of marginalized communities. He also censured them for bringing foreign delegations to Bihar merely to highlight poverty, instead of focusing on development work. PM Modi observed that after losing support among Dalits and other marginalized groups due to their failures, the opposition is now trying to revive its political identity by invoking social justice.

    In contrast, PM Modi highlighted the “new dawn” of social justice under the current government. He said his administration has ensured access to essential services for the poor, aiming to reach 100% of eligible beneficiaries. “Four crore new houses have been provided, and three crore women are being empowered through the ‘Lakhpati Didi’ initiative,” PM Modi said. Over 12 crore households now enjoy tap water connections, improving living standards nationwide.

    He further noted that every senior citizen above 70 is entitled to free medical treatment worth up to ₹5 lakh, while free ration is provided monthly to support the needy. “Our government stands firmly with every poor and underprivileged individual, ensuring their well-being and upliftment,” PM Modi affirmed.

    PM Modi praised Bihar’s launch of the Dr. Bhimrao Ambedkar Samagra Seva Abhiyan, under which 22 essential welfare schemes are delivered simultaneously to villages, ensuring no eligible family is left behind. He announced that over 30,000 service camps have already connected lakhs of beneficiaries to these programmes, bringing the state closer to the vision of Baba Saheb Ambedkar, Karpoori Thakur, Babu Jagjivan Ram and Jayaprakash Narayan.

    On the infrastructure front, PM Modi laid the foundation stone for the Rs 29,930 crore Nabinagar Super Thermal Power Project Stage-II (3×800 MW) in Aurangabad district. The project aims to boost energy security for Bihar and eastern India, stimulate industrial growth, create jobs, and provide affordable electricity.

    He also laid foundation stones for multiple road projects, including the four-laning of Patna–Arrah–Sasaram section of NH-119A, six-laning of the Varanasi–Ranchi–Kolkata highway (NH-319B) and Ramnagar–Kacchi Dargah stretch (NH-119D), and the construction of a new Ganga bridge between Buxar and Bharauli. These projects will improve high-speed connectivity across Bihar, enhancing trade and regional integration.

    PM Modi also inaugurated the four-laning of Patna–Gaya–Dobhi section of NH-22 worth around Rs 5,520 crore and the elevated highway and at-grade improvements in Gopalganj town on NH-27.

    Furthering his commitment to rail infrastructure, PM Modi dedicated the third rail line between Son Nagar and Mohammad Ganj, a project worth over Rs 1,330 crore, to the nation.

  • MIL-OSI Banking: Scheduled Banks’ Statement of Position in India as on Friday, May 16, 2025

    Source: Reserve Bank of India

    (Amount in ₹ crore)
      SCHEDULED COMMERCIAL BANKS
    (Including RRBs, SFBs and PBs)
    ALL SCHEDULED BANKS
    17-May-2024 02-May-2025* 16-May-2025* 17-May-2024 02-May-2025* 16-May-2025*
    I LIABILITIES TO THE BKG.SYSTEM (A)            
      a) Demand & Time deposits from banks 289665.55 349543.61 356140.08 293548.27 355582.28 362127.16**
      b) Borrowings from banks 162652.31 110268.37 112764.97 162655.67 110369.38 112767.97
      c) Other demand & time liabilities 74638.62 23238.10 23875.31 74865.42 23598.95 24262.77
    II LIABILITIES TO OTHERS (A)            
      a) Deposits (other than from banks) 20814780.08 23034245.19 22887588.61 21273332.24 23526182.04 23379289.97
      i) Demand 2407754.17 2918312.92 2841891.13 2457236.72 2969172.27 2892038.03
      ii) Time 18407025.91 20115932.27 20045697.48 18816095.52 20557009.77 20487251.94
      b) Borrowings @ 775774.36 868678.78 893728.27 779950.70 873014.81 898148.91
      c) Other demand & time liabilities 911191.51 1032332.99 998206.66 922791.96 1045482.05 1011114.42
    III BORROWINGS FROM R.B.I. (B) 161708.00 23458.00 23081.00 161708.00 23458.00 23081.00
      Against usance bills and / or prom. Notes     0.00     0.00
    IV CASH 84024.93 85894.00 85227.91 86536.63 88644.27 88034.90
    V BALANCES WITH R.B.I. (B) 950567.00 933070.35 928136.28 970618.00 952554.47 947302.36
    VI ASSETS WITH BANKING SYSTEM            
      a) Balances with other banks            
      i) In current accounts 9326.29 11987.03 11091.36 12032.22 14241.88 13330.22
      ii) In other accounts 179256.31 218568.59 233058.58 225178.94 280652.29 295070.10
      b) Money at call & short notice 14392.25 22530.69 17715.86 31978.36 41158.85 35986.40
      c) Advances to banks (i.e. due from bks.) 55883.81 38603.84 39786.83 58023.80 41591.12 42530.76£
      d) Other assets 119988.70 76547.84 78018.32 122833.28 80505.40 81982.16
    VII INVESTMENTS (At book value) 6199638.21 6713623.38 6680561.08 6352519.19 6867766.57 6834811.70
      a) Central & State Govt. securities+ 6198671.95 6713009.68 6680032.89 6344840.42 6859431.14 6826362.09
      b) Other approved securities 966.27 613.70 528.19 7678.77 8335.43 8449.61
    VIII BANK CREDIT (Excluding Inter-Bank Advances) 16601013.84 18284956.79 18228295.86 17036200.63 18752419.76 18695312.44
      a) Loans, cash credits & Overdrafts $ 16288503.21 17944355.56 17891538.64 16720375.59 18408325.48 18355139.20
      b) Inland Bills purchased 63646.64 80615.14 79832.65 63651.17 82034.32 81180.34
      c) Inland Bills discounted 207787.09 223812.18 221259.31 210442.27 224781.12 222739.64
      d) Foreign Bills purchased 16651.15 14036.24 14020.23 16875.71 14258.33 14240.69
      e) Foreign Bills discounted 24425.75 22137.66 21645.03 24855.88 23020.51 22012.57
    NOTE
    * Provisional figures incorporated in respect of such banks as have not been able to submit final figures.
    (A) Demand and Time Liabilities do not include borrowings of any Scheduled State Co-operative Bank from State Government and any reserve fund deposits maintained with such banks by any co-operative society within the areas of operation of such banks.
    ** This excludes deposits of Co-operative Banks with Scheduled State Co-operative Banks. These are included under item II (a).
    @ Other than from Reserve Bank, National Bank for Agriculture and Rural Development and Export Import Bank of India.
    (B) The figures relating to Scheduled Commercial Banks’ Borrowings in India from Reserve Bank and balances with Reserve Bank are those shown in the statement of affairs of the Reserve Bank. Borrowings against usance bills and/ or promissory notes are under Section 17(4)(c) of the Reserve Bank of India Act, 1934. Following a change in the accounting practise for LAF transactions with effect from July 11, 2014, as per the recommendations of Malegam Committee formed to Review the Format of Balance Sheet and the Profit and Loss Account of the Bank, the transactions in case of Repo / Term Repo / MSF are reflected under ‘Borrowings from RBI’.
    £ This excludes advances granted by Scheduled State Co-operative Banks to Co-operative banks. These are included under item VIII (a).
    + Includes Treasury Bills, Treasury Deposits, Treasury Savings Certificates and postal obligations.
    $ Includes advances granted by Scheduled Commercial Banks and Scheduled Cooperative Banks to Public Food Procurement Agencies (viz. Food Corporation of India, State Government and their agencies under the Food consortium).
    Food Credit Outstanding as on
    (Amount in ₹ crore)
    Date 17-May-2024 02-May-2025 16-May-2025
    Scheduled Commercial Banks 41273.49 62446.15 68078.36
    Scheduled Co-operative Banks 50623.09 51972.66 51972.99

    The expression ‘Banking System’ or ‘Banks’ means the banks and any other financial institution referred to in sub-clauses (i) to (vi) of clause (d) of the explanation below Section 42(1) of the Reserve Bank of India Act, 1934.

    No. of Scheduled Commercial Banks as on Current Fortnight:135

    Ajit Prasad          
    Deputy General Manager
    (Communications)    

    Press Release: 2025-2026/440

    MIL OSI Global Banks

  • MIL-OSI Economics: Development Asia: Exploring Challenges and Opportunities of PPPs in Health Care

    Source: Asia Development Bank

    A public–private partnership (PPP) is a long-term contract between a private entity and a government entity, for providing a public asset or service. It has emerged as a strategic approach in health care, enabling governments to deliver quality medical services efficiently by leveraging private sector expertise, financial resources, and technological advancements. The public partner is typically responsible for project development and planning, providing access to land and utilities, ensuring regulatory compliance, and conducting contract monitoring. On the other hand, the private partner is typically responsible for design, construction, and infrastructure development, bringing in investment and operational expertise, and driving innovation to enhance service efficiency and quality.

    PPPs help address challenges facing health care systems, such as inadequate infrastructure, workforce shortages, financial constraints, and service delivery gaps, by bridging critical gaps in infrastructure, service delivery, and management.

    Different countries have tailored PPP models to address their unique health care needs. The impact of PPPs is particularly significant in addressing the challenges faced by low- and middle-income countries, where health care access and quality are constrained by financial and human resource limitations. For instance, India has demonstrated significant progress in PPP-based health care service delivery, particularly in areas like super specialty hospital development, dialysis services, diagnostic networks, telemedicine initiatives, and medical institutes. Meanwhile, Uzbekistan is actively exploring PPP models to strengthen its health care infrastructure and service provision, with growing emphasis on leveraging private sector participation in tertiary care, diagnostics, and hospital management. The following case studies highlight key lessons from health care PPPs in India and Uzbekistan, showcasing successful models and practical insights for effective implementation

    Upgradation of district hospitals to medical college and hospitals, Uttar Pradesh, India

    Uttar Pradesh, the most populus state of India, faced a critical shortage of medical professionals and tertiary care facilities, particularly in underserved districts. Of the 39 districts lacking medical colleges, 23 were established with state funding. To further bridge the gap, the government launched the “One District, One Medical College” initiative that involves the upgrading of district hospitals to 16 new medical colleges under a PPP model. Of these facilities, four medical colleges are being developed under state incentive schemes, while the development of three medical colleges (based on Design-Build-Finance-Operate and Transfer PPP Model) is supported through Viability Gap Funding.

    Figure 1: Project Structure Using the Design-Build-Finance-Operate and Transfer Model

    Source: Compiled by the Author Team based on NITI Aayog, Government of India. Public Private Partnership in Medical Education Concession Agreement – Guiding Principles. Guidelines for Financial Support to Public Private Partnerships in Infrastructure Viability Gap Funding Scheme, Project Tender Documents. 
    DH = District Hospital, NMC = National Medical Commission, VGF = Viability Gap Funding.

    Over the next 5 years, the project is expected to

    • improve access to medical education, addressing the shortage of trained professionals; 

    • expand tertiary care services in underserved regions;
    • enhance healthcare infrastructure by adding 6,700 beds;
    • enhance workforce availability by adding 1,600 doctors and more than 10,000 clinical workforce; and
    • provide affordable care by providing free inpatient department beds for underserved patients, free essential medicines for government-supported patients, and free outpatient department-related diagnostics; and ensured affordable rates for other patients.

    NephroPlus Dialysis Project in Uzbekistan

    Uzbekistan faced a severe shortage of dialysis centers, leading to high patient mortality and limited access to treatment, especially in remote areas. Existing facilities were overburdened and patients often had to travel long distances for care. To address this, dialysis services are being implemented through a PPP model across three regions in Uzbekistan (Karakalpakstan, Khorezm, and Tashkent), ensuring high-quality care, advanced technology, and cost-effective treatment for patients with renal diseases. The project follows a Build-Operate-Transfer model with a concession period of 10 years.

    From 2021 to 2025, the project achieved the following:

    • provided over 300,000 treatments across three regions;

    • reduced patient mortality by 40% since May 2021;

    • trained and recruited more than 300 clinical nurses and doctors through the NephroPlus Academy;

    • enabled a total savings of $9.8 million for the government; and

    • reduced by 15% country-level Hepatitis C patient count.

    MIL OSI Economics

  • Operation Sindoor outreach: Ravi Shankar Prasad-led delegation receives briefing on India-Denmark relations

    Source: Government of India

    Source: Government of India (4)

    An all-party Indian parliamentary delegation led by senior BJP MP Ravi Shankar Prasad was given a comprehensive briefing on Thursday by Indian Ambassador to Denmark, Manish Prabhat, as part of India’s ongoing diplomatic outreach under Operation Sindoor.

    The briefing focused on the India-Denmark Green Strategic Partnership, shared democratic values, and the global challenge of terrorism.

    “The All-Party Parliamentary Delegation was given a detailed briefing by Ambassador Manish Prabhat on India-Denmark bilateral relations of ‘Green Strategic Partnership’, shared values and issues of mutual concern including the challenge of combating terrorism globally,” the Embassy of India in Copenhagen posted on X.

    The delegation’s visit to Denmark follows a successful leg in Italy, where the group highlighted India’s firm stance against Pakistan-sponsored cross-border terrorism and emphasized the “new normal” policy of zero tolerance.

    During their stay in Copenhagen, the Indian MPs are scheduled to meet with senior Danish leaders, including Deputy Speaker of the Danish Parliament Lars-Christian Brask, Chairman of the Foreign Policy Committee Christian Friis Bach, other sitting Members of Parliament, as well as select former lawmakers, political figures, journalists, and members of the Indian diaspora.

    Earlier on Thursday Ravi Shankar Prasad shared details of the delegation’s engagements with key Italian officials and institutions. “We had enriching interactions with Italy’s Under Secretary of State for Foreign Affairs and International Cooperation, Maria Tripodi, Senator Giulio Tremonti, President and Members of the Committee on Foreign Affairs and European Commission, in the Chamber of Deputies,” he posted on X.

    “We also engaged with prominent think tanks and strategic experts. We shared India’s zero-tolerance approach to terrorism and our resolve to combat it in all forms. Encouragingly, we found a common understanding between India and Italy on the issue of global terrorism. Both nations affirmed their commitment to working together for peace and amity, underscoring the strong relationship between India and Italy,” he added.

    The nine-member delegation includes BJP leaders Daggubati Purandeswari, Ghulam Ali Khatana, and Samik Bhattacharya; Priyanka Chaturvedi of Shiv Sena (UBT); Amar Singh of the Congress; M. Thambidurai of the AIADMK; former Union Minister M.J. Akbar; and former diplomat Pankaj Saran.

    (With inputs from IANS)

  • PM Modi stresses green energy, infrastructure growth and farmer welfare in Bihar

    Source: Government of India

    Source: Government of India (4)

    Prime Minister Narendra Modi, on Friday, underlined the central government’s commitment to building a modern and self-reliant Bihar, with a strong focus on green energy, infrastructure development, and farmer welfare.

    Addressing a gathering in Bihar’s Karakat, PM Modi highlighted the ongoing construction of a solar park in Kajra as a step towards increasing the state’s renewable energy capacity. He said the initiative aligns with the larger national agenda of clean energy transition and reflects the government’s resolve to reduce dependence on fossil fuels.

    Speaking on the benefits of the PM-KUSUM scheme, the Prime Minister said farmers are being empowered to generate additional income through solar energy. He also noted that the use of renewable-powered agricultural feeders is ensuring a reliable power supply to farmlands, contributing to enhanced agricultural productivity. “These efforts have not only improved the quality of life in rural areas but have also ensured greater safety for women,” he added.

    The Prime Minister emphasised that modern infrastructure brings maximum benefits to villages, the poor, farmers, and small industries by linking them to national and international markets. He said that new investments in the state are generating new employment opportunities and propelling economic growth.

    Recalling the Bihar Business Summit held last year, PM Modi noted that several companies had expressed interest in investing in the state. He said the resulting industrial development is helping reduce migration by enabling people to find jobs closer to home. Improved transportation facilities, he added, are allowing farmers to market their produce across wider regions, further boosting the agricultural economy.

    Reiterating the government’s commitment to the welfare of farmers, the Prime Minister said over 75 lakh farmers in Bihar are benefitting from the PM-Kisan Samman Nidhi scheme. He announced the setting up of a Makhana Board in the state and highlighted that Bihar’s Makhana has received a Geographical Indication (GI) tag, which is helping farmers gain better recognition and returns for their produce.

    He also said the Union Budget this year has made provisions for setting up a National Institute for Food Processing in Bihar, which will further support the food processing industry and benefit local farmers.

    In a major announcement, the Prime Minister informed the public that the Union Cabinet has recently approved an increase in the Minimum Support Price (MSP) for 14 Kharif crops, including paddy. He said the decision would ensure better returns for farmers and boost their income during the upcoming crop season.

    The Prime Minister’s address was part of a larger event during which he launched and laid the foundation stone for development projects worth ₹48,500 crore, encompassing infrastructure, energy, transport, and agriculture.

     

  • Sanjay Jha-led delegation meets Islamic leaders in Indonesia, reaffirms India’s zero-tolerance stand against terrorism

    Source: Government of India

    Source: Government of India (4)

    An all-party Indian parliamentary delegation, led by JD-U MP Sanjay Kumar Jha, on Friday met with KH Ulil Abshar Abdalla, Chairman of the Nahdlatul Ulama Executive Board (PBNU), and Kholili Kholil, Committee Member of Nahdlatul Ulama (NU) in Indonesia, the world’s largest Islamic organisation, and sought their support against violence and religious extremism.

    “Honoured to meet KH Ulil Abshar Abdalla, Chairman of the Nahdlatul Ulama Executive Board, and Kholili Kholil, Committee Member of Nahdlatul Ulama – the world’s largest Islamic organisation. Our All-Party Parliamentary Delegation reaffirmed India’s resolute stand against terrorism and sought support in countering religious extremism,” Sanjay Jha posted on X.

    “As nations bound by the values of ‘Bhinneka Tunggal Ika’ (Unity in Diversity), we called for shared voices to champion peace and justice. KH Ulil expressed deep solidarity with India, strongly condemned the Pahalgam attack, and affirmed the need for India and Indonesia to walk together for peace, cooperation, and progress,” the post added.

    Condemning the April 22 Pahalgam terror attack, which claimed the lives of 26 people, KH Ulil said he felt the pain and called for India and Indonesia to walk hand in hand to promote peace and economic development.

    Earlier on Thursday, the delegation interacted with the resident Ambassadors of friendly diplomatic missions of around 20 countries in Indonesia, sharing detailed insights on Operation Sindoor and clearly explaining the role of Pakistan in the gruesome April 22 Pahalgam terror attack.

    They highlighted India’s measured, non-escalatory, and targeted response following the Pahalgam attack.

    Later, the visiting delegation met the leaders of the National Mandate Party (PAN) of Indonesia including Eddy Soeparno, Vice Chairman of PAN and Deputy Speaker of the Indonesian People’s Assembly, and Viva Yoga Mauladi, Vice Chairman of the Party and also Deputy Minister for Transmigration Republic of Indonesia, along with other leaders and Members of Parliament from PAN sharing views on India’s stance on zero tolerance for terrorism.

    The Indian MPs also had meaningful discussions with researchers and scholars of various think tanks and academia in Indonesia.

    The delegation comprises BJP MPs Aparajita Sarangi, Brij Lal, Hemang Joshi, and Pradan Baruah, Trinamool Congress MP Abhishek Banerjee, CPI(M) Rajya Sabha member John Barittas, senior Congress leader Salman Khurshid, and Former Indian Ambassador to France, Mohan Kumar.

    (With inputs from IANS)

  • Era of broken roads and poor connectivity in Bihar is over, says PM Modi

    Source: Government of India

    Source: Government of India (4)

    Prime Minister Narendra Modi on Friday underscored the crucial role of security and peace in unlocking Bihar’s development potential, recalling that the state’s journey from the days of ‘Jungle Raj’ to prosperity began under Chief Minister Nitish Kumar’s leadership. Addressing a large public gathering in Bihar, he noted that dilapidated highways, rundown rail networks, and scant air connectivity now belong to the past.

    PM Modi highlighted the transformation of Bihar’s aviation landscape. “Once, Patna was our state’s only airport,” he said. “Today, Darbhanga Airport is fully operational, offering direct flights to Delhi, Mumbai, and Bengaluru.” He further announced that the new terminal at Patna Airport—capable of handling one crore passengers annually—was inaugurated just the previous evening. An additional ₹1,400 crore investment will now be channelled into developing Bihta Airport, he added.

    Turning to roads and bridges, the Prime Minister described the rapid expansion of multi-lane highways. He cited the four-lane corridors from Patna to Buxar and Gaya to Dobhi, as well as the Patna–Ara–Sasaram Greenfield Corridor, which he said is progressing at a “swift pace.” “New bridges over the Ganga, Son, Gandak, and Kosi rivers are not just steel and concrete; they are gateways to opportunity,” Modi remarked, pointing out that these projects—worth several thousand crores—are generating employment for thousands of young people and fueling growth in tourism and trade.

    On railways, PM Modi lauded the introduction of world-class Vande Bharat trains in Bihar and the ongoing doubling and tripling of key lines. “Work is advancing rapidly from Chhapra to Muzaffarpur to Katihar,” he noted, adding that multi-tracking between Son Nagar and Andal will significantly enhance train movement. “Over 100 trains now halt at Sasaram, a testament to our improved connectivity,” he said, while lamenting that previous administrations had exploited recruitment processes, delaying the railway network’s modernization.

    Emphasizing that development is incomplete without reliable power, the Prime Minister drew attention to Bihar’s remarkable growth in electricity consumption—now four times higher than a decade ago. He announced the construction of a major NTPC power plant at Nabinagar, with an outlay of ₹30,000 crore and a capacity of 1,500 megawatts. Projects for new thermal power plants in Buxar and Pirpainti have also been initiated, he added.

  • First women cadets graduate from NDA in historic passing out parade

    Source: Government of India

    Source: Government of India (4)

    In a major step towards gender inclusivity in the Indian Armed Forces, the National Defence Academy (NDA) conducted its 148th Passing Out Parade on Friday, marking a historic milestone as the first batch of women cadets graduated. Held at the NDA campus in Khadakwasla, Pune, the event highlighted the growing role and representation of women in the nation’s military leadership.

    The event was reviewed by General Vijay Kumar Singh (Retd), the Governor of Mizoram and former Chief of the Army Staff (COAS). The ceremony saw attendance from proud families, senior military officials, and dignitaries from across the country.

    Calling it a “significant and historic” occasion, General VK Singh praised the pioneering spirit of the graduating women cadets. “This marks a historic milestone in our collective journey towards inclusivity and empowerment. These women represent ‘Nari Shakti’—not just in women’s development, but in women-led development,” he said.

    The parade signifies a turning point in the NDA’s 75-year history, where for the first time, women will join the ranks of commissioned officers after rigorous training alongside their male counterparts.

    A day earlier, Defence Minister Rajnath Singh commended the increasing role of women in the armed forces while addressing a gathering in Goa at the flag-in ceremony of the Indian Navy sailing vessel INSV Tarini. The event celebrated the return of Lt Commander Dilna K and Lt Commander Roopa, who successfully completed a circumnavigation of the globe in double-handed mode as part of the ‘Navika Sagar Parikrama II’ mission. The duo became the first Indian women to achieve this feat with only two crew members on board.

    The Defence Minister also highlighted the contribution of women during recent military operations, notably Operation Sindoor. “Women pilots and other female soldiers played a crucial role in India’s decisive actions against terrorism in Pakistan and Pakistan-occupied Kashmir,” Singh said.

    Operation Sindoor was launched on May 7 in response to the April 22 terror attack in Pahalgam, which claimed 26 lives and injured many more. The operation targeted terror infrastructure in Pakistan and Pakistan-occupied Jammu and Kashmir, resulting in the elimination of over 100 militants affiliated with groups such as Jaish-e-Mohammed, Lashkar-e-Taiba, and Hizbul Mujahideen.

    “From the heights of Siachen to the depths of the ocean, Indian women are serving the nation with distinction. Today, the gates of Sainik Schools are open to girls, and 17 women cadets have graduated from the NDA this month. Their achievements have strengthened the security fabric of our country,” the Defence Minister added.

    (With ANI inputs)

  • France may toughen stance on Israel if it continues blocking Gaza aid, Macron says

    Source: Government of India

    Source: Government of India (4)

    France could harden its position on Israel if it continues to block humanitarian aid to Gaza, French President Emmanuel Macron said on Friday, reiterating that Paris was committed to a two-state solution to resolve the Israel-Palestinian conflict.

    “The humanitarian blockade is creating a situation that is untenable on the ground,” Macron said at a joint press conference in Singapore with Prime Minister Lawrence Wong.

    “And so, if there is no response that meets the humanitarian situation in the coming hours and days, obviously, we will have to toughen our collective position,” Macron said, adding that France may consider applying sanctions against Israeli settlers.

    “But I still hope that the government of Israel will change its stance and that we will finally have a humanitarian response”.

    Israeli Prime Minister Benjamin Netanyahu’s government has hit back at growing international pressure over the war in Gaza, the deadliest fighting in decades of conflict between Israel and the Palestinians.

    Macron was in Singapore on a state visit and he will also deliver the keynote address at the Shangri-La Dialogue, Asia’s premier security forum, which runs this year from May 30-June 1.

    Deep differences between Palestinian militant group Hamas and Israel have stymied previous attempts to restore a ceasefire that broke down in March.

    Under growing international pressure, Israel partially ended an 11-week long aid blockade on Gaza 10 days ago. It has allowed a limited amount of relief to be delivered via two avenues – the United Nations or the U.S.-backed Gaza Humanitarian Foundation.

    The French president said Paris is committed to working towards a political solution and reiterated his support for a two-state solution to the Israel-Palestinian conflict.

    Macron is leaning towards recognising a Palestinian state, diplomats and experts say, a move that could infuriate Israel and deepen Western splits.

    French officials are weighing up the move ahead of a United Nations conference, which France and Saudi Arabia are co-hosting between June 17-20, to lay out the parameters for a roadmap to a Palestinian state, while ensuring Israel’s security.

    Israel launched its campaign in Gaza in response to a Hamas attack in its south on October 7, 2023, that killed some 1,200 people and saw 251 Israelis taken hostage into Gaza, according to Israeli tallies.

    The war since then has killed around 54,000 Palestinians, Palestinian health authorities say, more than in any other of the countless rounds of fighting between the two sides.

    (Reuters)

  • PM Modi meets IPL star Vaibhav Suryavanshi and his parents in Patna

    Source: Government of India

    Source: Government of India (4)

    Prime Minister Narendra Modi on Friday met 14-year-old cricket prodigy Vaibhav Suryavanshi and his parents at Patna Airport during his two-day visit to Bihar. The meeting took place shortly before the Prime Minister departed for a major public event in Bikramganj, where he is scheduled to inaugurate infrastructure projects worth ₹48,500 crore.

    In a post on X, PM Modi said, “At Patna airport, met the young cricketing sensation Vaibhav Suryavanshi and his family. His cricketing skills are being admired all over the nation! My best wishes to him for his future endeavours.”

    Suryavanshi, who has captured the nation’s attention during the IPL 2025 season, became the youngest player to score a century in the tournament’s history. He was signed by Rajasthan Royals for ₹1.1 crore in the last auction and has scored 252 runs in seven matches, including a record-breaking 35-ball century and a half-century.

    His recent performances have earned him a spot in India’s U19 squad for the England tour scheduled from June 24 to July 23. The tour includes a 50-over warm-up match, five Youth ODIs, and two multi-day matches against England U19.

    Earlier this month, during the inauguration of the Khelo India Youth Games 2025 in Bihar, PM Modi had praised the youngster’s extraordinary achievements. “We have seen the outstanding performance of the son of Bihar, Vaibhav Suryavanshi, in the IPL,” the Prime Minister had said. “Behind his success lies not just talent, but tireless hard work and constant exposure at different levels of the game.”

    Suryavanshi’s cricket journey has been historic. He made his first-class debut for Bihar at just 12 years and 284 days and scored a half-century in the Vijay Hazare Trophy. On the international stage, he holds the record for the fastest youth Test century by an Indian, a 58-ball ton against Australia, and was instrumental in India’s campaign in the ACC U19 Asia Cup.

    The young cricketer’s rise has been hailed as one of Indian cricket’s most remarkable stories in recent times, and his meeting with the Prime Minister is seen as both a recognition of his early success and encouragement for the road ahead.

    -IANS

  • Our armed forces turned terror hideouts into ruins: PM Modi on Operation Sindoor

    Source: Government of India

    Source: Government of India (4)

    Prime Minister Narendra Modi, during his visit to Karakat in Bihar on Friday, laid the foundation stone and dedicated multiple development projects worth over ₹48,520 crore, marking a major step towards boosting infrastructure and economic progress in the state.

    Addressing a large gathering, the Prime Minister said he felt honoured to accelerate Bihar’s development from its sacred soil. He expressed heartfelt gratitude to the people of the state for their continued support, especially acknowledging the presence and blessings of thousands of women in the audience. “The affection and trust shown by the people of Bihar, particularly our mothers and sisters, is a great source of strength,” he said.

    During his address, Prime Minister Modi referred to the recent terrorist attack in Pahalgam that claimed several innocent lives. Recalling his earlier visit to Bihar in the aftermath of the attack, he said he had promised the nation that the perpetrators would be brought to justice. “Today, I stand before you having fulfilled that pledge. Our armed forces turned the hideouts of those who conspired from across the border into rubble,” he stated.

    The Prime Minister underlined that the swift and decisive response by India’s forces had sent a strong message to the world. “This is the new India. The world has seen the power of the sindoor of our daughters. The terrorists, once emboldened by protection across the border, now cower in fear,” he added, referring to the military action termed Operation Sindoor.

    Describing the operation as a testament to India’s growing strength and resolve, PM Modi said the country’s military struck key enemy positions, including airbases and military installations, within minutes. “This is the India of resilience, courage and swift action,” he asserted.

    Paying tribute to Bihar’s legacy of bravery, the Prime Minister invoked the memory of Veer Kunwar Singh and noted the substantial contribution of the state’s youth to the Indian Army and Border Security Force (BSF). He praised the BSF’s valour during Operation Sindoor and described them as an unbreakable shield protecting India’s borders.

    PM Modi also honoured BSF Sub-Inspector Imtiaz, a native of Bihar, who was martyred in the line of duty on May 10. “The sacrifice of Bihar’s brave son will always be remembered,” he said.

    Reiterating his earlier statement from Bihar, the Prime Minister said that Operation Sindoor was just a glimpse of India’s capabilities. “This was only one arrow from our quiver,” he declared, reinforcing the message of a strong and assertive India.

  • MIL-OSI Russia: Mikhail Mishutin held a meeting on the situation in the coal industry

    Translation. Region: Russian Federal

    Source: Government of the Russian Federation – An important disclaimer is at the bottom of this article.

    M. Mishustin: “This is one of the basic industries that ensures the stable operation of the most important sectors of the economy, including metallurgy, electric power, and housing and utilities. It also participates in solving social problems.”

    Opening remarks by Mikhail Mishustin:

    Good afternoon, dear colleagues!

    Opening remarks by Mikhail Mishustin at a meeting on the situation in the coal industry

    Today we will discuss the situation in the coal industry. This is one of the basic industries that ensures the stable operation of the most important sectors of the economy, including metallurgy, electric power and housing and utilities. It also participates in solving social problems.

    In this area, Russia is one of the three largest exporters. This means that incentives are being created for the development of transport infrastructure, primarily railways. The main sales markets here are China, India, Turkey and Korea, as well as other countries in Southeast Asia and Africa.

    On the instructions of the President, the Government has implemented a number of measures to support the industry. In particular, an agreement was concluded between Russian Railways and the Kemerovo Region on the guaranteed export of significant volumes of coal in the eastern direction. The share of innovative rolling stock has been increased. Rates for wagon operators and for transshipment in ports have been reduced. An end-to-end transportation technology has been introduced, which has made it possible to reduce delivery time from Kuzbass to southern ports by almost half, which significantly reduces companies’ transportation costs.

    Participants of the meeting

    List of participants of the meeting on the situation in the coal industry

    The federal budget financed measures to restructure the coal industry. The funds were used to resettle citizens, as well as for social support for employees dismissed due to the liquidation of organizations, for additional pension provision, technical and other purposes.

    A program is being implemented to further improve working conditions, increase the safety of mining operations and, of course, reduce accidents and injuries.

    Previous news Next news

    Mikhail Mishutin held a meeting on the situation in the coal industry

    The corresponding infrastructure is also being developed. Operation of the Pacific Railway has begun, construction of the ports of Elga and Lavna is underway. Coal mining centers are being created in the east of the country with favorable mining and geological occurrence of raw materials. And a shorter transportation shoulder to the main sales markets.

    New technologies and modern equipment are also being actively introduced. This allows for a significant increase in extraction efficiency and productivity. If in Soviet times about one and a half million people worked in the industry, then according to the results of last year – only slightly more than 150 thousand. At the same time, the volume of extracted raw materials exceeded the values of the last years of the USSR by almost fifteen million tons.

    It is obvious that the innovative potential of the coal industry is far from exhausted. Enterprises are engaged in the implementation of three-dimensional modeling technologies, optimization of mine equipment, coal extraction, including at low-power seams.

    In recent years, the industry has faced new serious challenges. World prices for all types of such fuel have fallen sharply. This year, unfortunately, the situation continues to worsen. In the first four months, export prices have fallen by almost a quarter. The situation is also complicated by the high debt load of companies. Significant expenses are required to maintain current operations, ensure industrial safety, labor protection and the environment.

    A whole series of measures have been developed to level the situation. It is necessary to help promising organizations that are experiencing temporary difficulties.

    In agreement with the President, I gave the corresponding instructions to the Minister of Finance Anton Germanovich Siluanov, the Minister of Energy Sergey Evgenievich Tsivilev, and the head of Russian Railways Oleg Valentinovich Belozerov. They visited the Kemerovo Region, discussed the most pressing issues with the management and employees of coal enterprises, and presented me with a number of proposals. Now we will discuss all of this in detail and report to the President.

    We hope that this will allow us to make all the necessary decisions to balance the situation.

    Please note: This information is raw content directly from the source of the information. It is exactly what the source states and does not reflect the position of MIL-OSI or its clients.

    MIL OSI Russia News

  • France to ban smoking at beaches, parks and outside schools to protect children

    Source: Government of India

    Source: Government of India (4)

    France will ban smoking on beaches, in parks, outside schools and in other locations to protect children, France’s health and families minister said.

    The ban will come into effect in July, Catherine Vautrin said in an interview with the Ouest France newspaper late on Thursday. It will exempt cafe terraces and will not apply to electronic cigarettes.

    “Where there are children, tobacco must disappear,” Vautrin said. “From July 1, beaches, public parks and gardens, school areas, bus shelters, and sports facilities will be smoke-free throughout France. Smoking will therefore be prohibited there, to protect our children.”

    Vautrin said smoking kills around 200 people every day in France.

    Smoking in France is at historic lows, according to a report published this month by the French Observatory for Drugs and Addictive Trends. It found that just under a quarter of people aged 18-75 smoked daily, the lowest since it began keeping records in the late 1990s.

    The UK announced a similar smoking ban last year.

    (Reuters)

  • India working towards becoming food bank of the world: Shivraj Singh

    Source: Government of India

    Source: Government of India (4)

    India is working towards becoming the “food bank of the world” under the leadership of Prime Minister Narendra Modi, Union Agriculture Minister Shivraj Singh Chouhan said on Thursday.

    He was speaking at the launch of the Viksit Krishi Sankalp Abhiyan at the Odisha University of Agriculture and Technology (OUAT) in Bhubaneswar.

    The nationwide campaign, launched by the Ministry of Agriculture and Farmers Welfare in collaboration with the Indian Council of Agricultural Research (ICAR), will run from May 29 to June 12. As part of the initiative, agricultural scientists will visit villages across over 700 districts to engage with farmers and offer scientific advice aimed at transforming agriculture and securing India’s food future.

    “The farmers of India are not just Annadata (food providers), they are Jeevandata (life providers). Our goal is to empower them to feed not only 145 crore Indians but also export food grains and vegetables across the globe,” said Chouhan. He emphasized that the government is committed to making India self-reliant in agriculture through innovation, technology, and grassroots participation.

    Chouhan highlighted that government schemes like the Pradhan Mantri Fasal Bima Yojana have been launched to provide compensation for crops affected by climate change. The central government is also providing an interest subsidy up to 4 per cent on agricultural loans through Kisan Credit Cards.

    The Union Minister will travel across 20 states during the 15-day campaign to mobilize support and engagement. He also urged farmers in Odisha to actively participate in the initiative, noting that over 16,000 agricultural scientists are being connected with farmers as part of the campaign.

    Odisha Chief Minister Mohan Charan Majhi expressed pride that the campaign is being launched from the state.

    Also present at the event were Odisha Deputy Chief Minister and Agriculture Minister Kanak Vardhan Singh Deo, senior agriculture department officials, and leading agricultural scientists.