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  • MIL-OSI USA: ‘Two Lights for Tomorrow’ Will Shine in Communities Across North Carolina Friday, April 18

    Source: US State of North Carolina

    Headline: ‘Two Lights for Tomorrow’ Will Shine in Communities Across North Carolina Friday, April 18

    ‘Two Lights for Tomorrow’ Will Shine in Communities Across North Carolina Friday, April 18
    jejohnson6

    As we approach the 250th anniversary of the signing of the Declaration of Independence in 2026, America 250 NC invites all North Carolinians to participate in a powerful national moment of reflection and unity: “Two Lights for Tomorrow.” Communities across the United States will unite this Friday, April 18, 2025, to honor the spirit of cooperation and courage that helped ignite the American Revolution.

    On the night of April 18, 1775, Paul Revere and William Dawes rode out from Boston to alert their fellow patriots of the movement of the British regulars. A prearranged signal — two lanterns in the tower of Christ Church — warned that the British troops were traveling via the Charles River. Other riders joined Revere and Dawes, creating a network across the Massachusetts countryside. These midnight rides preceded the battles at Lexington and Concord, the start of the American Revolution.

    Two hundred and fifty years later, “Two Lights for Tomorrow” commemorates Revere’s famous ride and uses the imagery of two shining lights to honor the beginning of the American Revolution.

    Overnight on Friday, April 18, 2025, two lights will shine forth from statehouses across the nation, including North Carolina’s State Capitol in Raleigh. Communities across North Carolina have been invited to participate by shining two lights on their own significant buildings. North Carolina residents are encouraged to display two lights in their homes as well.

    Participants in the campaign include the Battleship North Carolina, Museum of the Albemarle, N.C. Transportation Museum, Historic Bethabara Park, Historic Halifax, Historic Camden County Courthouse, Eastern Cabarrus Historical Society in Mt. Pleasant and House in the Horseshoe State Historic Site. Communities across the state, including New Bern, Topsail Beach, Waxahaw, Pinehurst, Harrells, Roanoke Rapids, High Shoals, Currituck County, Camden County and McDowell County are participating with proclamations and events. Local chapters of the Sons of the American Revolution and Daughters of the American Revolution are also participating, along with many other organizations and individuals.

    The nationwide initiative is part of the upcoming America 250 semiquincentennial observance in 2026. In North Carolina, the event is led by the N.C. Department of Natural and Cultural Resources’ America 250 NC initiative.

    For more information, please visit https://www.america250.nc.gov/events/two-lights-tomorrow.

    About America 250 NC
    America 250 NC is North Carolina’s commemoration of the United States’ 250th anniversary and is led by the N.C. Department of Natural and Cultural Resources. For more information about America 250 NC, visit america250.nc.gov.

    About the North Carolina Department of Natural and Cultural Resources
    The N.C. Department of Natural and Cultural Resources (DNCR) manages, promotes, and enhances the things that people love about North Carolina – its diverse arts and culture, rich history, and spectacular natural areas. Through its programs, the department enhances education, stimulates economic development, improves public health, expands accessibility, and strengthens community resiliency.

    The department manages over 100 locations across the state, including 27 historic sites, seven history museums, two art museums, five science museums, four aquariums, 35 state parks, four recreation areas, dozens of state trails and natural areas, the North Carolina Zoo, the State Library, the State Archives, the N.C. Arts Council, the African American Heritage Commission, the American Indian Heritage Commission, the State Historic Preservation Office, the Office of State Archaeology, the Highway Historical Markers program, the N.C. Land and Water Fund, and the Natural Heritage Program. For more information, please visit www.dncr.nc.gov.
    Apr 15, 2025

    MIL OSI USA News –

  • MIL-OSI: First Farmers Financial Corp. Announces Common Stock Buyback Program

    Source: GlobeNewswire (MIL-OSI)

    Converse, IN, April 15, 2025 (GLOBE NEWSWIRE) — Converse, Indiana, April 15, 2025 — First Farmers Financial Corp. (OTCQX:FFMR), announced that the Board of Directors has approved a plan to repurchase up to $4 million in the Corporation’s outstanding common stock on the open market.

     The timing, price, and quantity of purchases under the stock repurchase plan will be at the discretion of management and may be discontinued, suspended, or restarted at any time.  The program will be funded from current available working capital.  The board feels the stock repurchase plan will provide capital management opportunities and add value for the Company’s shareholders depending upon market and business conditions.

     First Farmers Financial Corp is a $3.3 billion financial holding company headquartered in Converse, Indiana.  First Farmers Bank & Trust has offices throughout Carroll, Cass, Clay, Grant, Hamilton, Howard, Huntington, Madison, Marshall, Miami, Starke, Sullivan, Tippecanoe, Tipton, Vigo and Wabash counties in Indiana and offices in Coles, Edgar and Vermilion counties in Illinois.  As of March 31, 2025, the Corporation had 6,999,207 common shares outstanding.

    The MIL Network –

  • MIL-OSI USA: Sens. Warren, Banks Open Bipartisan Investigation Into Harms of Private Equity in Fire Truck Manufacturing

    US Senate News:

    Source: United States Senator for Massachusetts – Elizabeth Warren

    April 15, 2025

    Private equity roll-ups of fire truck manufacturers create sky-high prices and manufacturing backlogs, putting firefighters and communities in danger 

    “While CEOs and shareholders pad their pockets, consolidation in the industry impedes fire fighters’ ability to do their jobs safely and effectively, squeezes fire departments’ budgets, and forces taxpayers to bear the consequences.”

    Text of Letter (PDF)

    Washington, D.C. – U.S. Senators Elizabeth Warren (D-Mass.) and Jim Banks (R-Ind.) opened a bipartisan investigation into the harms of private equity roll-ups of fire truck manufacturers. The lawmakers wrote to the International Association of Fire Fighters (IAFF), North America’s largest union of firefighters, seeking information about the adverse impact of private equity consolidation on firefighters and communities in Massachusetts, Indiana, and across the country. 

    “While CEOs and shareholders pad their pockets, consolidation in the industry impedes fire fighters’ ability to do their jobs safely and effectively, squeezes fire departments’ budgets, and forces taxpayers to

    bear the consequences,” wrote the lawmakers. “We have heard from dozens of fire departments in Massachusetts, Indiana, and elsewhere about difficulties they have faced related to serial roll-ups of fire truck manufacturers, including delivery delays, defective parts, and price increases.”

    In 2006, private equity group American Industrial Partners (AIP) began rolling up independent fire equipment manufacturers, eventually consolidating four smaller companies into REV Group. Today, as a result of additional acquisitions, REV Group owns about a third of the fire truck manufacturing market, the largest share of any company. Meanwhile, independent companies account for only about 20 percent of the market.

    Large fire truck manufacturers may be exploiting their market power to raise fire truck prices and restrict the supply of fire trucks. In 2013, a pumper truck cost $500,000, and a ladder truck cost $900,000. Today, these prices have skyrocketed to nearly $1 million and $2 million, respectively, far outpacing inflation for heavy-duty truck manufacturing over that time period. Some manufacturers also use “floating” prices, increasing the final price of a truck after it goes into production and even withholding the delivery of the vehicles if fire departments do not agree to the price increases. At the same time, companies like REV have permanently shut down their own manufacturers’ plants, reducing manufacturing capabilities and leading to a nationwide backlog in fire truck delivery. 

    “Rising costs and longer delivery times for fire apparatus and ambulances are hurting fire departments and communities across Massachusetts. I just ordered a fire engine that won’t be delivered for another four years. It took three years for our community to get two ambulances. These manufacturing roll-ups only make it harder for us to do our jobs and protect families,” said Mike Kelleher, President of the Fire Chiefs Association of Massachusetts and Chief of the Foxborough Fire Department.

    Firefighters report that they are forced to use outdated fire trucks because their department can’t afford new trucks. When Los Angeles faced deadly wildfires in January 2025, more than half of the Los Angeles Fire Department’s fire trucks were out of service, hindering the Department’s ability to effectively contain the fires. Skyrocketing costs and lengthy wait times for fire trucks and truck repairs, spurred by private equity’s entry into the fire truck manufacturing industry, leave communities across the country less safe. 

    “Private equity is padding shareholders’ wallets at the expense of public safety,” wrote the lawmakers.

    On a shareholders’ call, REV Group’s CFO noted that manufacturing backlogs benefit the company, saying “strong backlogs” provide the “visibility and opportunity to drive significant shareholder value.”

    The senators warned that private equity’s serial roll-ups may be allowing companies to increase their market share while evading antitrust scrutiny. The Federal Trade Commission and U.S. Department of Justice’s 2023 Merger Guidelines clarify that when a merger is part of a series of multiple acquisitions, the agencies may examine the whole series. 

    “These guidelines are important, as they make clear that antitrust enforcers have authority to investigate and unwind serial roll-ups that threaten competition in a single industry,” concluded the senators. 

    MIL OSI USA News –

  • MIL-OSI NGOs: EU should press Bhutan to free political prisoners

    Source: Amnesty International –

    • New report from UN experts finds fair trial violations, inhuman conditions

    The European Union should press Bhutanese authorities to release dozens of political prisoners held for decades in dire conditions, Amnesty International and Human Rights Watch said today. An EU human rights dialogue with Bhutan is scheduled later this month, just weeks after UN human rights experts issued a communication raising concerns over reports that the prisoners were “denied due process and fair trials, including access to lawyers,” and allegedly subjected to torture.

    The communication by six UN human rights experts, published on 4 April, raises concerns that “the broad and vague definitions [of “treason”], combined with the severity of the punishments, have a severe chilling effect on the enjoyment of human rights… and consequently on democratic life and civic space in the country.”

    “Bhutan portrays itself as a land of ‘mindfulness’ and ‘gross national happiness,’ but UN reports paint quite a different picture,” said Smriti Singh, Regional Director for South Asia at Amnesty International.

    “Dozens are still detained, mistreated and tortured solely for peacefully dissenting against the government’s policy, an ordeal Bhutan’s King could end at the stroke of a pen.”

    Dozens are still detained, mistreated and tortured solely for peacefully dissenting against the government’s policy, an ordeal Bhutan’s King could end at the stroke of a pen

    Smriti Singh, Regional Director for South Asia at Amnesty International

    Bhutan is seeking to enhance its international partnerships and economic co-operation including with Australia, India, Thailand and the European Union. The relationship with the EU includes tariff and quota-free access for Bhutanese exports to the EU market under the Everything But Arms scheme, which is linked to international human rights obligations.

    The EU is also providing assistance intended to promote human rights and civil society space, as well as investment in infrastructure development. The EU should insist that Bhutan shows its commitment and respect for human rights by immediately releasing all 32 political prisoners and others detained solely for the peaceful exercise of their human rights, Amnesty International and Human Rights Watch said. On 14 April, Members of the European Parliament holding key positions on EU political and trade relations with Bhutan formulated similar calls in a letter to the country’s prime minister.

    The UN experts’ communication examines the cases of 19 named individuals, “among others,” expressing serious concern that their fair trial rights appear to have been violated, that they were “severely tortured, both to extract confessions and to punish them,” then convicted under “vague” laws, and jailed in inhumane conditions.

    In 2023, Human Rights Watch documented the cases of 37 political prisoners in Bhutan. Since then, five have completed their sentences, leaving at least 32 still serving terms of between 32 years and life without parole.

    In November 2024, another group of UN experts, the Working Group on Arbitrary Detention, adopted an opinion on three of the prisoners’ cases, finding that they met the definition of arbitrary detention, which would make their detention illegal under international human rights law. Both groups of experts asked the Bhutan government to respond to the allegations but have received no response.

    Most of the cases relate to events in around 1990, when about 90,000 Nepali-speaking Bhutanese were expelled from Bhutan amid widespread rights violations, and became refugees in Nepal. Those who remained in or returned to Bhutan, who publicly opposed the arbitrary citizenship determination, were arrested, tortured and convicted in unfair trials based on coerced confessions. The longest serving political prisoners have been in jail since 1990, while others were arrested in 2008 after they re-entered Bhutan to campaign for the right to return.

    Most of the cases relate to events in around 1990, when about 90,000 Nepali-speaking Bhutanese were expelled from Bhutan amid widespread rights violations, and became refugees in Nepal

    Tens of thousands of Bhutanese refugees eventually received refugee resettlement in third countries, including in United States. However, the Trump administration has deported close to a dozen of these resettled refugees, stating that they have been accused or convicted of crimes in the United States. This is a clear violation of international human rights law, including customary international law and the Convention Against Torture and Other Cruel, Inhuman or Degrading Treatment or Punishment (CAT), which prohibits the transfer of any person to another State where the individual could be at risk of being subjected to torture.

    The Bhutan government permitted the US government to deport them to Bhutan, and then promptly expelled them to Nepal via India, suggesting that the Bhutanese authorities continue to discriminate against this community.

    The new UN communication raises allegations that “[p]olitical prisoners are reportedly given inadequate food, water, heating, bedding and warm clothing” and that “detainees [also] suffer shortages of medicines and access to doctors. Those with physical illnesses – some as a result of alleged torture – do not receive necessary medical treatment, which may have contributed to the death of two detainees.” The detainees are prevented from communicating with their families, they said.

    The UN experts noted that in 1999 the former King Jigme Singye Wangchuck, granted amnesty to 40 political prisoners, including some serving life sentences.

    In 2022, the present King granted amnesty to a political prisoner serving a life term. “We implore the King to exercise His Majesty’s power to pardon and release from prison the remaining political prisoners, so as to demonstrate Bhutan’s commitment to upholding human rights and its international legal obligations,” the UN experts wrote.

    “Bhutan has adopted significant reforms since 2008, but the continued detention of political prisoners represents a major stain on its human rights record,” said Meenakshi Ganguly, deputy Asia director at Human Rights Watch. “Bhutan’s international partners and investors, including the EU, should make it clear that they expect Bhutan to comply with its human rights obligations and release them without further delay.”

    MIL OSI NGO –

  • MIL-OSI Europe: Minister highlights key foreign policy milestones and sets future direction

    Source: France-Diplomatie – Ministry of Foreign Affairs and International Development

    Statements by M. Jean-Noël Barrot, Minister for Europe and Foreign Affairs, at his hearing before the National Assembly Foreign Affairs Committee (excerpts) (April 2, 2025)

    (…)

    Thank you for giving me the opportunity to outline the diplomatic track record of the first 100 days of François Bayrou’s government.

    UKRAINE

    The first point, unsurprisingly, relates to Europe’s strategic reawakening and Ukraine’s security. Just over a month ago we entered the fourth year of Russia’s war of aggression in Ukraine, which was a huge jolt for European nations. In recent weeks, as you’ve seen, we’ve made considerable progress towards what could be the resolution of this crisis and, more broadly, a European security architecture capable of deterring the threat for good.

    The Franco-British proposal for a one-month ceasefire in the air, at sea and on energy infrastructure was taken up by the Ukrainian President during his discussions with the United States, which, for its part, insisted on an immediate, complete and unconditional 30-day ceasefire. The Ukrainians, for whom this is a significant compromise, accepted it. (…)

    The Russians rejected the proposal, after suggesting they would abide by it. The situation is now clear: Russia is engaging in delaying tactics and wants to gain time. It hasn’t given up its territorial ambitions, it’s proceeding with further strikes on energy infrastructure, is continuing its war crimes and has even just launched the biggest conscription drive for 14 years – 160,000 young people expected to leave for the front. At this stage, it seems to me that Russia owes the United States, which is striving to lead the mediation, a clear response: yes or no.

    LEBANON

    The second point in our track record is support for Lebanon on the road to reconstruction. Although Lebanon was on the edge of the abyss, we managed to negotiate with our US partners a ceasefire that restored the country’s security and stability. It’s holding, despite the tensions, including the most recent ones. Israeli troops have withdrawn from 99% of the territories they had occupied.

    We’ve helped bring an end to a two-and-a-half-year vacancy for the head of State’s role. President Joseph Aoun was elected in January; he met President Macron in Paris on Friday 28 March. Prime Minister Nawaf Salam is working to give shape to the new hope for that country so close to France’s heart.

    We’ll continue to support its economic recovery and the restoration of a sovereign State by organizing an international conference dedicated to Lebanon’s reconstruction, in Paris this autumn. Between now and then, we’re advising Israel to enter into talks with Lebanon with a view to a definitive withdrawal from the five points it still occupies and the resolution of border disputes.

    SYRIA

    The third point in our record is our clear-sighted and conditional engagement with Syria following the fall of Bashar al-Assad’s criminal regime. We’ve chosen a demanding engagement with the new Syrian authorities, whose past we are aware of, with two goals: to foster a peaceful and inclusive political transition in keeping with Syria’s pluralism, guaranteeing respect for the rights of women and all communities; and to ensure that our security interests, particularly the fight against Islamist terrorism, the destruction of chemical weapons and an end to drug trafficking, are taken into account.

    This explains my visit to Damascus on 3 January and the organization of an international conference on Syria in Paris on 13 February. More recently, we encouraged the signing of an agreement on 10 March between the Damascus authorities and our Kurdish partners in the Syrian Democratic Forces (SDF), which have spearheaded the fight against Daesh in recent years, so that their rights and interests are taken into account in the Syrian transition and we can continue the fight against terrorism. We also ensured that the Organization for the Prohibition of Chemical Weapons (OPCW) can be deployed in Syria to destroy the regime’s stockpile of illegal chemical weapons.

    Our engagement is clear-sighted, demanding, conditional and reversible. We strongly condemned the massacres of Alawite civilians and let the Damascus authorities know that, in the absence of a fight against impunity, we shall not proceed with a lifting of sanctions.

    AFRICA

    The fourth point in the record is the renewal of our partnerships in Africa. At the end of November, the President of Nigeria was welcomed to Paris to strengthen our ties with the continent’s leading demographic power. It was the first state visit to France by an African head of State since 2017. In mid-January we hosted a state visit by the President of Angola, which took over the presidency of the African Union (AU) a month later.

    I personally have made several visits to sub-Saharan Africa: to the Sudanese border, to demonstrate our unfailing mobilization in the face of the world’s biggest humanitarian crisis; to Addis Ababa, headquarters of the AU, to revitalize, five years after the last session, our strategic dialogue with this new G20 member – because the AU has been admitted as a fully-fledged member; to Thiaroye in Senegal, to speak the truth about our shared history; to Johannesburg, to make France’s voice heard at the G20, whose presidency South Africa holds this year; and to Kinshasa and Kigali, to call on the Congolese and Rwandan heads of State to prioritize diplomacy rather than weapons.

    CHINA/TRADE

    Fifth point in the record: progress on trade negotiations in China. My visit last weekend was a first step towards resolving our dispute on Cognac and Armagnac. Before my visit to Beijing, the industry was under threat of an immediate imposition of definitive tariffs ranging from 34% to 39% on Cognac and Armagnac and the definitive closure of access to duty-free shops.

    The demanding dialogue we’ve been conducting has enabled us to maintain this access for goods that have already arrived in China and delay by three months any imposition of definitive tariffs. This significant reprieve allows us to continue this demanding dialogue with China in order to put this dispute behind us. Next step: high-level dialogue between the Economy and Finance Minister and his Chinese counterpart on 15 May.

    ARTIFICIAL INTELLIGENCE

    The sixth point in the record is the success of the Artificial Intelligence (AI) Action Summit, held in Paris in January with more than 100 countries. Co-chaired by France and India, whose prime minister paid an official visit to France on the occasion, it concluded with a statement tackling, for the first time, the challenges of AI in their entirety – environmental, social and democratic. We also managed to secure an announcement of private investment in France to the tune of €109 billion, to benefit our businesses and fellow citizens, which will be followed up with a €50-billion investment by the European Commission, testifying to France’s attractiveness when it comes to this promising technology.

    IRAN/FRENCH HOSTAGES

    The seventh point in the record is the release of several French hostages. On 17 March, after months of active efforts and four conversations with my counterpart, we secured the release of Olivier Grondeau. It was an especially moving moment, shared by the nation’s elected representatives during a tribute paid on 25 March to him and our two other compatriots, Jacques Paris and Cécile Kohler, who are still being held after more than 1,000 days.

    To free them, we’ll be stepping up the pressure on the Iranian regime. First of all, in the coming days, probably during the European Foreign Affairs Council on 14 April, we’ll be adopting additional European sanctions against those Iranians responsible for the state hostages policy. Secondly, given the unacceptable violations of our two compatriots’ right to consular protection, which are sadly just one aspect of their harsh conditions of detention, we’ll be lodging a complaint against Iran with the International Court of Justice, for violating the right to consular protection. (…)

    What makes our diplomacy strong is precisely that it has a more extensive arsenal than others, ranging from dialogue to sanctions, and that it uses it wisely, having learnt from decades and even centuries of French diplomatic successes.

    It’s this strength that I’ll be harnessing in the next 100 days to defend and promote French interests.

    GAZA

    The first area on which we’re focusing efforts is the search for a lasting political solution in Gaza. We’re working for a permanent ceasefire enabling the release of all the hostages and the massive delivery of humanitarian aid, blocked for several weeks, to the civilian population, who are in a tragic situation. We’re convinced that there’s no military solution to the Israeli-Palestinian conflict. In particular, annexation, the forced displacement of people, and settlement activity are a dead end and a threat to the security of Israel itself.

    We’ll continue to work to find the path to a lasting political solution. In Gaza, we support the Arab plan, which proposes a reconstruction framework and credible security guarantees. It aims to establish a new Palestinian governance, in which Hamas must in no way take part. Outside Gaza, we’ll continue working with our Saudi partners, co-chairing an international conference at the United Nations headquarters in New York in the summer, aimed at restoring the prospect of a two-State solution, which alone guarantees peace and security to the Israelis and Palestinians.

    SUDAN

    The second area we’re focusing on concerns the crisis in Sudan, the world’s biggest humanitarian crisis in terms of its scale – 26 million children, women and men in a situation of absolute humanitarian distress. 15 April will mark the second anniversary of the conflict.

    In 2024 we hosted a major international conference on support for Sudan and the neighbouring countries, which raised more than €2 billion in humanitarian commitments. On 15 April I’ll be visiting London for the second conference, co-organized with the United Kingdom, Germany, the European Union and the AU. We’ll review the commitments made last year and call on those involved to shoulder their responsibilities, to ensure that the conflict does not see a third anniversary.

    DRC/RWANDA

    The third area of work concerns diplomatic and humanitarian support in the Great Lakes region. We’re making active efforts to find a diplomatic solution to the crisis tearing apart the eastern DRC, where Rwandan troops are deployed supporting the rebel group M23, in breach of Congolese sovereignty.

    We’re pursuing this goal at several levels: bilaterally, President Macron is in close contact with his two counterparts and the region’s leaders; at the level of the European Union, which recently adopted new individual measures against military leaders from Rwanda and the M23 rebel group; and at the UN, where we played a key role and got the Security Council to adopt a historic resolution at the end of February, unanimously condemning the presence of Rwandan troops in the eastern DRC.

    We’re also in contact with African mediators, who are working on the front line to secure a political resolution to the crisis – i.e. in practical terms, a lasting and mutually-agreed ceasefire and a resumption of negotiations. It’s a matter of urgency. The whole region’s stability is at stake, and the conflict has already led to the displacement of nearly a million people since the beginning of the year, and several thousand deaths. It’s the world’s second most serious humanitarian crisis. So I’ve decided, regardless of the budgetary constraints, to increase our humanitarian support package by €5.5 million.

    IRAN/NUCLEAR PROGRAMME

    Our fourth area of work concerns the search for a binding agreement on Iran’s nuclear programme. Despite the setbacks it has suffered in recent months – the heavy defeat of Hezbollah in Lebanon, the fall of Bashar al-Assad’s regime, Israel’s aerial attack on its territory, a disastrous economic situation – Iran is continuing an agenda of destabilization, raising the stakes in its nuclear programme, which is reaching unprecedented levels, continuing its support for groups that destabilize the region such as the Houthis, supporting Russia’s war in Ukraine by delivering drones and missiles, and a policy of state hostages.

    Ten years after the conclusion of the Joint Plan of Action (JPoA), we remain convinced that Iran must never obtain a nuclear weapon. Our priority is to achieve an agreement that restricts its nuclear programme in a lasting and verifiable way. The window of opportunity is narrow: we have only a few months before the expiry of the JPoA, secured in particular thanks to French negotiators, to whom I pay tribute. In the event of failure, a military confrontation would become all but inevitable. Its cost would be very high, in that it would very badly destabilize the region. We’ve been doing everything to prevent that, for the past 10 years.

    ALGERIA

    Fifthly, we’re focusing our efforts on opening up diplomatic space with Algeria. The tensions between us, which we didn’t cause, serve neither its interests nor ours. We must reduce them rigorously and with honesty, without weakness. That was the approach behind the Prime Minister’s convening of an interministerial meeting on immigration control providing for a re-examination of the agreements reached between the two countries.

    The telephone conversation between President Macron and his Algerian counterpart reopened a diplomatic space allowing the crisis to be resolved. We intend to take advantage of it to achieve results, in the interests of French people, as regards cooperation on migration, justice, security, the economy and remembrance. The two heads of State decided on some principles. They must now find a way to implement them. On Sunday I’ll be visiting Algiers for this. Other ministerial, and no doubt parliamentary, visits will follow.

    WESTERN BALKANS

    Sixth area where we’re focusing our efforts: the Western Balkans. Exactly 30 years ago, the region was in the grip of a very high-intensity war, right at the heart of the European continent, less than 2,000 kilometres from France. In Serbia, the authorities are facing unprecedented public unrest. The negotiations conducted for several months between President Vucic and the demonstrators have made it possible to announce the formation of a new government in the next few weeks, which is a first step towards calming down the situation. Last Saturday, during a conversation, President Macron had the opportunity to encourage him to move further along that path.

    In Bosnia and Herzegovina, since an arrest warrant was issued against him, the President of Republika Srpska, Milorad Dodik, is stepping up his secessionist initiatives, which we have systematically condemned. We gave our consent to a strengthening of the European ALTHEA force, which is under French command, by some 600 additional personnel, so that it could be in a position to calm down the situation if it became toxic. (…)

    We’re focusing on the European Political Community summit being held in Tirana on 16 May, providing President Macron with the opportunity to hold meetings with the authorities in the countries of the region – both the ones gripped by the crisis and those which, on the contrary, are making good progress on their pathway to the European Union, particularly Albania and Montenegro.

    ARMENIA/AZERBAIJAN

    The seventh area on which we’re focusing efforts is the Caucasus, particularly with our support for Armenia. We welcomed the conclusion of negotiations on the peace treaty between Armenia and Azerbaijan. Nothing stands now in the way of it being signed, which I hope will take place as soon as possible. France will continue to unfailingly support Armenia’s resilience and sovereignty. The determination of Nikol Pashinyan’s government to stay on the path of independence, democracy and peace is remarkable, especially as Russia is not hiding its hostility.

    In this context, we are closely following the trial of the Armenians of Nagorno-Karabakh, which began on 17 January at the Baku Military Court. We are being very vigilant as regards the concerns expressed by human rights organizations about the fairness of trials and the treatment of defendants. We call for the release of all prisoners held arbitrarily in Azerbaijan and would like the normalization process between the two countries to allow the issue of prisoners and detainees to be resolved.

    UN OCEAN CONFERENCE

    Our eighth area of work concerns the organization of the third United Nations Ocean Conference (UNOC) in Nice in June. A highlight of our international calendar, 10 years after the conclusion of the Paris climate agreement, it’s set to be its equivalent for the oceans. We’re aiming at several outcomes – one of them is being debated in the Chamber at this very moment – including the entry into force of the international treaty for the protection of the high seas and marine biodiversity, which requires it to be ratified by 60 signatory States. We’ve got to about 20. We’re making active efforts at every level, including that of your committee through Éléonore Caroit, whom I thank. We’ll be opening a ratification office in Nice during UNOC, to encourage countries that are delaying to submit their ratification instruments.

    Allow me to say a word about the two main projects to transform the Ministry.

    INFORMATION WAR

    The first concerns rearmament in the face of the information war. In 2024 France was the European Union country most targeted by foreign interference, with 152 of the 505 cases detected in Europe between November 2023 and November 2024. That year, 2024, saw a great deal of evidence that operations of influence, particularly Russian ones, were being conducted against our civilian population. France has assets to defeat this, but must invest more in informing French people. More broadly, it must not only beef itself up to defend itself but also reinvent itself to make its voice heard, at a time when the information space has become fragmented.

    FOREIGN MINISTRY AND THE PUBLIC

    The second transformation project consists in focusing the Ministry for Europe and Foreign Affairs more on French people and creating through this key State ministry – which is probably one of those least known by our compatriots – a link between diplomacy and nation such as that between the army and the nation. What happens beyond our borders has probably never had so much impact on our compatriots’ daily lives, and both you and I saw during scrutiny of the budget an insufficient understanding of the work we do in parliamentary and ministerial diplomacy to serve our compatriots.

    This transformation project is very far-reaching and affects every dimension of our action. It’s about better assessing and developing the response the Ministry provides to French people’s concerns, for example in terms of employment, the ecological transition, health and immigration. It’s about activating links with French people by supporting economic diplomacy and decentralized cooperation – local authorities are the Ministry’s chief partner. It’s about taking resolute action, with elected representatives of the regions, departments and cross-border communities, to finally remove the many irritants facing the millions of our compatriots who have daily experience of the border. It’s about increasing the number of visits by the Minister within France, which is not customary but seems important in the period we are going through, because our compatriots are worried about what is happening abroad and need to be given some control. Finally, it’s about opening the Quai d’Orsay right up and increasing the number of visits there so that people can properly understand the professions of the diplomatic service, how it can change our compatriots’ lives and why it’s so useful on a daily basis. (…)./.

    MIL OSI Europe News –

  • MIL-Evening Report: US-China trade war leaves NZ worse off, but still well placed to weather the storm – new modelling

    Source: The Conversation (Au and NZ) – By Niven Winchester, Professor of Economics, Auckland University of Technology

    Getty Images

    Forecasting the potential impact of Donald Trump’s turbulent tariff policies is a fraught business – and fraught for business. The United States president has changed, paused and exempted various categories of goods so often, the only certainty is uncertainty.

    On “Liberation Day” (April 2) he famously announced far-reaching “reciprocal tariffs” on imports from most trading nations. Since then he has paused those tariffs, but kept 25% on imports of steel, aluminium and motor vehicles, and 10% “baseline” tariffs on all other imports.

    The big exception is China, whose retaliation against the reciprocal US tariffs has resulted in an escalating trade war between the world’s two largest economies.

    On April 9, the US raised tariffs on Chinese goods to 145%, but later scaled back duties on electronic goods such as laptops and smartphones to 20%. On April 12, China increased its tariff on US goods to 125%.

    With China being New Zealand’s largest trade partner by far, and the US its third largest (just behind Australia), the impacts of this global standoff will be indirect but nevertheless significant.

    GDP impacts of a trade war

    To estimate the impacts of a US-China trade war, as well as other tariffs imposed by the US, I use the same global model of production, trade and consumption of goods and services employed to recently calculate the impacts of the Liberation Day tariffs.

    As we can see, China and the US both lose from the tariff war. China’s GDP decreases by US$114 billion (0.58%), which equates to $236 per household per year on average. US GDP declines by $76 billion (0.25%) or $604 per household (all figures in US$).

    The tariffs all but eliminate trade in goods between China and the US, except for electronic goods exported from China, which are subject to a lower tariff (for now).

    Vietnam and India gain from the trade war because they produce many goods that substitute for Chinese products in the US market.

    The trade war will affect New Zealand in at least three ways:

    • as the two nations buy less from each other, there is room for other nations to expand their exports to these markets

    • decreased incomes in China and the US will reduce global demand for all goods

    • and the tariffs will increase the costs of global supply chains.

    The net effect is a 0.03% decrease in New Zealand’s GDP, equivalent to $70 million or $36 per household per year (roughly NZ$120 million and NZ$60 respectively).

    Reshaping of the world economy

    The simulations do not capture the impact of uncertainty caused by Trump’s frequent and abrupt changes in tariffs, carve-outs and clarifications (sometimes announced via social media).

    The global US Trade Policy Uncertainty Index, last updated before the Liberation Day tariffs, is at a record high – 29 times higher than before the 2024 presidential election. This unprecedented uncertainty, coupled with the risk of high tariffs, is making exporters increasingly reluctant to commit to the US market.

    The US currently accounts for 26.3% of global GDP. With higher future growth in many developing economies, especially in Asia, this is forecast to fall to 16.3% by 2050.

    China is predicted to supplant the US as the world’s largest economy sometime in the 2030s, and by 2050 to account for 18.4% of global GDP (up from 16.9%).

    India’s global GDP share is expected to increase significantly, from its current value of 3.7% to 9.7%. Indonesia and Philippines are also expected to grow rapidly.

    New Zealand signed a free trade agreement with China in 2008 (and an upgrade to the agreement in 2022), has begun negotiations for one with India, and has regional agreements with many other rapidly developing Asian economies.

    It remains to be seen whether Trump’s rollout of high tariffs signals a lasting policy shift or is merely a negotiating tactic to secure more favourable terms for US exporters. But New Zealand is well placed to pivot to alternative markets if needed.

    Niven Winchester has previously received funding from the Productivity Commission and the Ministry of Foreign Affairs and Trade to estimate the impacts of potential trade policies. He is affiliated with Motu Economic & Public Policy Research.

    – ref. US-China trade war leaves NZ worse off, but still well placed to weather the storm – new modelling – https://theconversation.com/us-china-trade-war-leaves-nz-worse-off-but-still-well-placed-to-weather-the-storm-new-modelling-254469

    MIL OSI Analysis – EveningReport.nz –

  • MIL-OSI Video: MAHA Tour – Native Health in Phoenix, Arizona

    Source: United States of America – Federal Government Departments (video statements)

    “I visited Dr. Shad Marvasti and other community leaders at Native Health in Phoenix, Arizona, to learn about their innovative work using healthy, locally-sourced, unprocessed foods to combat chronic disease. Native American communities experience some of the highest rates of chronic illness in the country, largely due to the prevalence of processed foods. Native Health stands as a powerful example of how food and lifestyle changes can help reverse this epidemic. This model should be replicated and become the standard of care across Indian Country.”
    – Secretary Kennedy

    —

    U.S. Department of Health and Human Services (HHS) | http://www.hhs.gov

    http://www.Twitter.com/HHSGov | http://www.Facebook.com/HHS http://www.Instagram.com/HHSGov
    http://www.LinkedIn.com/company/us-department-of-health-and-human-services

    HHS Privacy Policy: http://www.hhs.gov/Privacy.html

    https://www.youtube.com/watch?v=TcZuXcFyb7I

    MIL OSI Video –

  • MIL-OSI Asia-Pac: Union Minister of State for Women and Child Development Smt Savitri Thakur holds key review meetings in Shillong to assess implementation of Central Schemes

    Source: Government of India

    Posted On: 15 APR 2025 7:37PM by PIB Shillong

    In line to strengthen the implementation of Centrally Sponsored Schemes and Programmes of the Ministry of Women and Child Development, Government of India, a series of high-level meetings were held today in Shillong. The Minister of State for Women and Child Development, Smt. Savitri Thakur, conducted a comprehensive review with senior officials of the Government of Meghalaya’s Social Welfare Department. The discussions focused on assessing progress in flagship schemes such as Poshan Abhiyan, Mission Shakti, and Mission Vatsalya. During the meeting, the Minister emphasised the need for strengthening service delivery mechanisms at the grassroots level, especially in the functioning of Anganwadi Centres.

    The review highlighted critical areas including the need for regular and high-quality supplementary nutrition under the Integrated Child Development Services (ICDS), improving infrastructure at Anganwadi Centres to ensure they are child- and women-friendly, leveraging technology for real-time monitoring and beneficiary tracking, encouraging active community participation, and capacity building of Anganwadi workers for improved service outcomes.

    Further, an in-depth review was held with the East Khasi Hills District Administration as part of the Minister’s visit to the North Eastern region. Attended by local MLA Ollan Singh Suin and representatives of various departments, the meeting included detailed presentations on the status of development schemes and infrastructure projects in the district. Discussions centred around the implementation of schemes related to women and child development, health, education, rural development, and livelihood generation, along with an assessment of progress in remote and rural areas and identification of key challenges.

    The Minister lauded the efforts of the state government and stated, “Despite the difficulties in connectivity and electricity, officials are working with dedication to ensure that all schemes are effectively implemented. I commend their efforts and encourage them to keep updating data on the Poshan Tracker, as these reports help the Ministry respond quickly to on-ground needs.”

    She further added, “We are committed to fulfilling Hon’ble Prime Minister Narendra Modi’s vision of a Viksit Bharat, and every step we take in empowering women and children brings us closer to that goal.

    Later, the Minister of State paid a courtesy call to the Governor of Meghalaya, Shri. C H Vijayashankar. The meeting included discussions on state-led initiatives to enhance women and child welfare and boost community-based interventions for inclusive development.

    The visit reflects the Prime Minister’s vision of strengthening the North Eastern region through focused development, inclusive growth, and enhanced delivery of welfare schemes. The meetings underscored the commitment of the Central and State Governments towards collaborative governance and improving the lives of women and children in Meghalaya. Field visits to Anganwadi Centres and project sites are scheduled for the next day to assess ground-level implementation and community engagement.

    *****

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    MIL OSI Asia Pacific News –

  • MIL-OSI Asia-Pac: India Reinforces Commitment to Energy Security and Exploration Growth: Shri Hardeep Singh Puri at OALP IX & Special DSF Signing Ceremony

    Source: Government of India

    India Reinforces Commitment to Energy Security and Exploration Growth: Shri Hardeep Singh Puri at OALP IX & Special DSF Signing Ceremony

    India Accelerates Scientific Exploration: 76% of Active E&P Area Opened Since 2014, 28 Blocks Awarded Under OALP Round-IX

    Posted On: 15 APR 2025 8:12PM by PIB Delhi

    “The Indian hydrocarbon sector is entering a new era of accelerated exploration and development,” said Shri Hardeep Singh Puri, Minister of Petroleum and Natural Gas, while addressing the Open Acreage Licensing Policy (OALP) Round-IX and Special Discovered Small Field (DSF) Signing Ceremony held here tonight. He highlighted that through investor-friendly reforms, swift approvals, scientific exploration, and a strong emphasis on sustainability, India is steadily building a resilient and future-ready energy ecosystem aligned with the vision of Viksit Bharat.

    Addressing the  esteemed gathering of dignitaries, industry stakeholders, and investors, Shri Puri noted that today’s signing ceremony signifies much more than the completion of a procedural formality—it is a powerful testament to India’s unwavering commitment to reducing its import dependence and securing its energy future.

    With India currently reliant on imports for 88% of its crude oil and 50% of its natural gas needs, the urgency for domestic exploration and production has never been greater. As the Minister pointed out, “In the next two decades, 25% of the world’s incremental energy demand growth will come from India.”

    Reflecting on the past, Shri Puri acknowledged the challenges the Indian upstream sector faced between 2006 and 2016—a “dull decade” marred by policy paralysis and procedural delays, leading to the exit of global energy giants like BP, ENI, and Santos. However, the tide has turned. “We were determined to unlock India’s untapped energy potential, estimated at approximately 42 billion tonnes of oil and oil equivalent of gas,” he said.

    To that end, the Government has implemented a series of transformative reforms over the past decade. A key achievement has been the expansion of exploration activity, with the explored area of India’s sedimentary basins increasing from 6% in 2014 to 10% today, with a target of reaching 15%. The Minister reiterated the commitment to increasing exploration acreage to 1 million sq. km by 2030, highlighting the dramatic 99% reduction in “No-Go” areas within India’s Exclusive Economic Zone (EEZ).

    Scientific, data-driven exploration has been a cornerstone of this strategy, backed by a ₹7,500 crore investment into new seismic data acquisition, aerial surveys in remote terrains, and stratigraphic wells. Importantly, geo-scientific data is now available for major basins on both coasts, with the National Data Repository being upgraded to a cloud-based platform to ensure faster, transparent access to seismic, production, and well data.

    The Minister proudly noted that 76% of the total area currently under exploration has been brought under active exploration only since 2014. Under OALP Round-IX alone, 28 blocks across eight sedimentary basins have been awarded, covering 1.36 lakh square kilometers—38% of which fall in areas previously designated as “No-Go.” Additionally, two blocks were awarded under the Special DSF Round, with a total of 60 bids received.

    “Congratulations to all the awardees. Your success will play a pivotal role in meeting our increasing energy demands as India continues its ascent as one of the world’s largest energy consumers,” Shri Puri said.

    Looking ahead, the Minister announced that OALP Round-X has already been launched at the India Energy Week 2025, offering 25 blocks across 13 sedimentary basins—covering the largest-ever acreage of 1.92 lakh square kilometers, with 51% falling in previously restricted zones.

    Furthermore, DSF Round-IV is being launched tonight, comprising 55 discoveries across nine contract areas with estimated reserves of 258.59 million metric tonnes of oil equivalent (MMTOE). All blocks have undergone rigorous technical vetting by global experts, and critically, all relevant data is being made freely available to potential investors.

    He also shared that under previous DSF Bid Rounds (I, II, and III), a total of 85 Revenue Sharing Contracts covering 175 fields have been awarded.

    Highlighting the potential in unconventional hydrocarbon sources, Shri Puri elaborated on India’s Coal Bed Methane (CBM) assets, currently estimated at 2,600 BCM. With 15 active CBM blocks—five already under production—the Government is preparing to launch a Special CBM 2025 Round to offer three new blocks (two in West Bengal and one in Gujarat), further diversifying India’s energy portfolio.

    In a major legislative update, the Minister announced that the amended Oilfields (Regulation and Development) Act, 1948 (ORDA), will come into effect in April 15, 2025. This “landmark reform” modernizes India’s upstream regulatory framework and aligns it with international best practices.

    The Government has also been responsive to industry concerns through the establishment of a Joint Working Group (JWG) comprising private E&P operators, National Oil Companies, the Ministry of Petroleum and Natural Gas, and the Directorate General of Hydrocarbons. “The JWG has submitted its report, and we are formally launching it this evening,” Shri Puri announced.

    In a move towards inclusive governance and legal clarity, the Minister also launched the draft PNG Rules Public Consultation Portal, encouraging industry and public stakeholders to share feedback. These rules will help shape future Model Revenue Sharing Contracts and streamline sectoral regulations.

    ***

    MONIKA

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    MIL OSI Asia Pacific News –

  • MIL-OSI Asia-Pac: CCI approves the acquisition of certain shareholding in SNV Aviation Private Limited (Akasa Air) by PI Opportunities Fund-I Scheme-II (PIOF), certain executives of PIOF, Claypond Capital Partners Private Limited (Claypond), and 360 ONE Private Equity Fund (360 Fund), through its various schemes and affiliates.

    Source: Government of India

    Posted On: 15 APR 2025 8:07PM by PIB Delhi

    The Competition Commission of India has approved the acquisition of certain shareholding in SNV Aviation Private Limited (Akasa Air) by PI Opportunities Fund-I Scheme-II (PIOF), certain executives of PIOF, Claypond Capital Partners Private Limited (Claypond), and 360 ONE Private Equity Fund (360 Fund), through its various schemes and affiliates.

    The Proposed Combination involves the acquisition of certain shareholding in Akasa Air by  PIOF, PI Executives, Claypond, and 360 Fund, acting through its investment manager, 360 ONE Alternates Asset Management Limited.

    PIOF is a trust established under the laws of India and registered as an Alternative Investment Fund with the Securities and Exchange Board of India and is setup to provide investors with risk-adjusted returns by way of a portfolio of significant and long-term equity investments in various growing entities.

    Claypond is an affiliate of the Pai Family Group. Pai Family Group has made financial investments in various sectors.

    360 Fund is registered with the SEBI as a Category II AIF and is established for the purpose of investing in various sectors in India and worldwide.

    Akasa Air is engaged in the business of providing domestic scheduled air passenger transport services, international scheduled air passenger transport services, air cargo transport services, and allied services including in-flight sales.

    Detailed order of the Commission will follow.

    *****

    NB/AD

    (Release ID: 2121950) Visitor Counter : 55

    MIL OSI Asia Pacific News –

  • MIL-OSI Asia-Pac: CCI approves the proposed combination involving Waverly Pte. Ltd (“Waverly”), TPG Growth V SF Markets Pte. Ltd (“Growth V”), TPG Growth III SF Pte. Ltd (“Growth III”), Asia Healthcare Holdings Pte. Ltd (“AHH Singapore”), Rhea Healthcare Private Limited (“Rhea”), Asia Healthcare Advisory Holdings LLP (“AHH LLP”), and Asian institute of Nephrology and Urology Private Limited (“AINU”).

    Source: Government of India

    Posted On: 15 APR 2025 8:06PM by PIB Delhi

    The Competition Commission of India has approved the proposed combination involving Waverly Pte. Ltd (“Waverly”), TPG Growth V SF Markets Pte. Ltd (“Growth V”), TPG Growth III SF Pte. Ltd (“Growth III”), Asia Healthcare Holdings Pte. Ltd (“AHH Singapore”), Rhea Healthcare Private Limited (“Rhea”), Asia Healthcare Advisory Holdings LLP (“AHH LLP”), and Asian institute of Nephrology and Urology Private Limited (“AINU”).

    The proposed combination, inter alia, contemplates:

    1. Waverly’s proposed subscription of Ordinary Shares and Class F Redeemable Preference Shares in Asia Healthcare Holdings Pte. Ltd.;
    2. Certain rights accruing to Growth V in AHH Singapore and Rhea (including its downstream entities) and AHH LLP;
    3. Certain rights accruing to Growth III in AHH Singapore (solely in relation to matters pertaining to AINU and its downstream entities);
    4. Proposed acquisition of complete shareholding held by AHH Singapore in AINU, by Rhea (“AINU Transfer”);
    5.  Proposed issuance of equity shares by Rhea to AHH Singapore, as a consideration for the AINU Transfer.

    Growth III and Growth V are investment funds that are ultimately managed and controlled by TPG Inc. (“TPG”), which is a global, diversified investment firm. TPG, including its subsidiaries and affiliates, are together referred to as the “TPG Group”. TPG, the ultimate holding company of the TPG Group, is a company listed on NASDAQ. TPG primarily invests in complex asset classes such as private equity, real estate and public market strategies. The TPG Group operates in India through its various investments with a primary focus on sectors such as technology, healthcare, consumer and financial services.

    Waverly is a wholly-owned subsidiary of Lathe Investment Pte. Ltd., which is in turn, wholly-owned by GIC (Ventures) Pte Ltd. Waverly is a special purpose vehicle organized as a private limited company in Singapore that is part of a group of investment holding companies managed by GIC Special Investments Private Limited.

    AHH is a Singapore incorporated company and is primarily engaged in long term investment holding activities and through its direct/ indirect subsidiaries, is active in providing healthcare services in the field of maternal, child, urology, nephrology and other related health care services in India. AHH Singapore is jointly owned and controlled by the TPG Group and GIC Group.

    Rhea is a specialty hospital chain that provides comprehensive women and childcare and vitro fertilization (post consummation of merger with Nova Medical Centers Private Limited). Rhea currently operates in 19 states and 3 union territories, in India.

    AINU, a single-specialty center in South India, is focused on providing healthcare services through hospitals, specializing in (i) urology care, (ii) nephrology care and (iii) dialysis and kidney transplant. They also provide radiology and pathology services to their patients. It has seven hospitals located across Hyderabad, Vishakhapatnam, Siliguri, Chennai and Secunderabad.

    AHH LLP is engaged in the business of providing advisory services in the areas of strategy, finance and other operational matters (excluding investment management, investment advisory or financial advisory services). Currently, AHH LLP solely provides advisory services to AHH Singapore and/or its downstream entities through providing an inside view into operation and financial control of companies operating in the healthcare sector

    Detailed order of the Commission will follow.

    *****

    NB/AD

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    MIL OSI Asia Pacific News –

  • MIL-OSI Asia-Pac: CCI approves proposed transaction involving Aster DM Healthcare, BCP Asia, Centella and Quality Care India Limited

    Source: Government of India

    Posted On: 15 APR 2025 8:06PM by PIB Delhi

    The Competition Commission of India has approved the proposed transaction involving Aster DM Healthcare, BCP Asia, Centella and Quality Care India Limited.

    The proposed transaction includes the proposed merger of Quality Care India Limited (QCIL) into Aster DM Healthcare Limited (Aster) by way of scheme of amalgamation, post which Aster will be renamed as Aster DM Quality Care Limited. Prior to the merger, Aster shall purchase 5.0% stake in QCIL from BCP Asia II TopCo IV Pte. Ltd. (BCP Asia) and Centella Mauritius Holdings Limited (Centella) in consideration of a primary share issuance by Aster. The existing shareholders of QCIL i.e., Centella, BCP and certain minority shareholders are proposed to hold certain stake in the merged entity with Centella holding less than 10% stake, without any control rights.

    Aster is a healthcare service provider operating in India through 19 hospitals with 4867 beds, 13 clinics, 215 pharmacies, and 232 labs and patient experience centers across 6 states in India. It is a part of the Aster Group.

    BCP is owned by funds advised and / or managed by affiliates of Blackstone Inc.

    Centella is owned and controlled by an entity, which is advised by the affiliates of TPG Inc. (TPG), the ultimate holding company of the TPG group. TPG, including its subsidiaries and affiliates, are together referred to as ‘TPG Group’.

    QCIL, is an unlisted public limited company, owned and controlled by Centella, and BCP. It operates a network of multi-specialty hospitals under the brand name CARE Hospitals, KIMS Health and Evercare across various cities in India. It has a network of 26 healthcare centers operating over 5,150+ beds across 14 cities offer over 30 medical specialties with a team of 2,500+ doctors.

    Detailed order of the Commission will follow.​​​​​​​

    ******

    NB/AD

    (Release ID: 2121949) Visitor Counter : 59

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  • MIL-OSI Asia-Pac: CCI approves acquisition of shares of TKE Group by Alat Technologies and the formation of joint venture by Alat Technologies and the TKE Group

    Source: Government of India

    Posted On: 15 APR 2025 8:05PM by PIB Delhi

    The Competition Commission of India has approved the acquisition of shares of TKE Group by Alat Technologies and the formation of joint venture by Alat Technologies and the TKE Group.

    The proposed combination relates to the: (a) indirect acquisition by Alat Technologies Company (ATC) of shareholding in Vertical Topco S.à r.l. (Vertical Topco), as a result of which ATC will acquire approximately 15% in the TKE Group (Proposed Topco Investment); and (b) the formation of a joint venture by ATC and the TKE Group (KSA JV) (Proposed KSA JV Transaction).

    ATC is a wholly owned subsidiary of the Public Investment Fund (PIF), the sovereign wealth fund of Saudi Arabia. ATC is active globally and specializes in manufacturing: (a) semiconductors; (b) smart devices; (c) smart buildings; (d) smart appliances; (e) smart health; (f) advanced industrials; (g) next generation infrastructure; (h) electrification; and (i) artificial intelligence infrastructure.

    Vertical Topco is a limited liability company incorporated under the laws of Luxembourg. Vertical Topco is the holding company of the TKE Group. The TKE Group is active globally (in more than sixty countries) in the installation, modernization and servicing of elevators, escalators, moving walks, passenger boarding bridges, and stairlifts, as well as related ancillary products and activities.

    The proposed KSA JV will be active in the manufacture, supply, installation, and maintenance of vertical and horizontal transportation units (elevators, escalators, etc.) primarily in Saudi Arabia, and potentially in other countries of the MENA region.

    Detailed order of the Commission will follow.

    *****

     NB/AD

    (Release ID: 2121947) Visitor Counter : 55

    MIL OSI Asia Pacific News –

  • MIL-OSI Asia-Pac: IREDA Reports Highest Ever PAT of ₹1,699 Crore for FY 2024-25, First Company in the NBFC and Banking Sector to Announce Audited Results

    Source: Government of India

    Posted On: 15 APR 2025 7:53PM by PIB Delhi

    Indian Renewable Energy Development Agency Ltd. (IREDA) has announced its Audited Standalone and Consolidated financial results for the Quarter and Year ended March 31, 2025, showcasing significant growth across key financial metrics. The company reported its highest ever Annual Profit After Tax of ₹1,699 crore. As the nation’s largest pure-play Green Financing NBFC, IREDA has once again set industry standards by publishing its Audited Financial Results within just 15-days. This milestone positions IREDA as the first company in the NBFC and Banking Sector, and the first PSU, to publish Audited Financial Results in just 15-days.

    The Board of Directors of IREDA, during a meeting held today, acknowledged the company’s outstanding performance and approved the Audited Standalone and Consolidated financial results for the Quarter and Year ended March 31, 2025.

    Key Financial Highlights (Standalone) – Q4 FY2024-25 vs Q4 FY2023-24:

    • Profit After Tax (PAT): ₹502 crore (↑49%)
    • Profit Before Tax (PBT): ₹630 crore (↑31%)
    • Revenue from Operations: ₹1,904 crore (↑37%)
    • Net Worth: ₹10,266 crore (↑20%)
    • Loan Book: ₹76,281 crore (↑28%)

    Key Financial Highlights (Standalone) – FY2024-25 vs FY2023-24:

    • Profit After Tax (PAT): ₹1,699 crore (↑36%)
    • Profit Before Tax (PBT): ₹2,104 crore (↑25%)
    • Revenue from Operations: ₹6,742 crore (↑36 %)
    • Net Worth: ₹10,266 crore (↑20%)
    • Loan Book: ₹76,282 crore (↑28%)

    Commenting on the results, Shri Pradip Kumar Das, CMD, IREDA, said, “IREDA’s sustained growth in revenue, profitability, and loan book underscores our strategic focus towards financing India’s renewable energy ambitions. We remain committed to being the enabler of India’s green energy transition through innovative financial solutions and strategic partnerships.”

    Shri Das also expressed his appreciation for Team IREDA for their unwavering dedication and excellence in achieving these milestones. He further extended his gratitude to Shri Pralhad Joshi, Hon’ble Union Minister of New & Renewable Energy, Consumer Affairs and Food & Public Distribution; Shri Shripad Naik, Hon’ble Minister of State for Power and New & Renewable Energy; Ms. Nidhi Khare, Secretary, MNRE; other senior officials of MNRE and other ministry; and the Board of Directors for their continued support and invaluable guidance.

    **********

     

    Navin Sreejith

    (Release ID: 2121943) Visitor Counter : 68

    MIL OSI Asia Pacific News –

  • MIL-OSI Asia-Pac: The Department of Administrative Reforms and Public Grievances (DARPG) released the 32nd Report Centralized Public Grievance Redress and Monitoring System (CPGRAMS) for States/UTs of March, 2025

    Source: Government of India

    The Department of Administrative Reforms and Public Grievances (DARPG) released the 32nd Report Centralized Public Grievance Redress and Monitoring System (CPGRAMS) for States/UTs of March, 2025

    59,271 PG cases were received by States/UTs as of 28th March, 2025

    A total of 59,523 grievances redressed by States/UTs till 28th March, 2025. Pendency in States/UTs stands at 1,90,976 grievances

    Posted On: 15 APR 2025 7:46PM by PIB Delhi

    The Department of Administrative Reforms and Public Grievances (DARPG) released the Centralized Public Grievance Redress and Monitoring System (CPGRAMS) 32nd monthly report for States/UTs for March, 2025. The said report provides a detailed analysis of types and categories of public grievances and the nature of disposal by the States/UTs.

    A total of 59,523 grievances were redressed by the States and Union Territories as of 28th March, 2025. The pendency of grievances on the CPGRAMS portal stands at 1,90,976 grievances across the States/UTs Governments, as of 28th March 2025.

    The report provides the data for new users registered on CPGRAMS through CPGRAMS Portal in the month of March, 2025. A total of 49,912 new users registered by 28th March, 2025, with maximum registrations from Uttar Pradesh (7,602) registrations.

    The said report also provides the state-wise analysis on the grievances registered through Common Service Centres as of 28th March, 2025. CPGRAMS has been integrated with the Common Service Centre (CSC) portal and is available at more than 5 lakh CSCs, associating with 2.5 lakh Village Level Entrepreneurs (VLEs). 7,150 grievances were registered through CSCs by 28th March, 2025, in which maximum grievances were filed from Uttar Pradesh (2,073 grievances) followed by Punjab (1409 grievances). It also highlights the major issues/categories for which the maximum grievances were registered through CSCs.

    Uttar Pradesh has received the maximum number of grievances as of 28th March, 2025 with the number standing at 22,369 grievances. 15 States/UTs have more than 1000 pending grievances as of 28th March, 2025. Uttar Pradesh and Maharashtra disposed the maximum number of grievances in March, 2025, with the number standing at 21,113 and 3,785 grievances respectively. 16 States/UTs have disposed more than 1000 grievances in between 1st to 28th March, 2025.

    The report also includes the status of grants released under the Sevottam Scheme in the FY 2024-25. In the last three Financial Years (2022-23, 2023-24, 2024-25), 811 training courses have been completed, in which ~26,941 officers have been trained.

    S No.

    Financial Year

    Training Conducted

    Officers Trained

    1

    2022-23

    280

    8,496

    2

    2023-24

    236

    8,477

    3

    2024-25

    295

    9,968

    TOTAL

    811

    26,941

     

    Key Highlights for the month of March, 2025, are as follows:

    1. Status of Public Grievances on CPGRAMS:
    • From 1st to 28th March, 2025, 59,271 PG cases were received for the States/UTs and 59,523 PG cases were redressed
    • The monthly disposal in States/UTs increased from 50,088 PG cases at the end of February, 2025 to 59,523 PG cases as on 28th March, 2025
    1. Status of Pendency of Public Grievances on CPGRAMS
    • 23 States/UTs have more than 1000 pending grievances as on 28th March, 2025
    • For States/UTs, as on 28th March, 2025, there exists a pendency of 1,90,976 PG cases.

    *****

    NKR/PSM

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    MIL OSI Asia Pacific News –

  • MIL-OSI Asia-Pac: The Department of Administrative Reforms and Public Grievances (DARPG) released the 35th Monthly Report on Centralized Public Grievance Redress and Monitoring System (CPGRAMS) of Central Ministries/ Departments performance for the month of March, 2025

    Source: Government of India

    The Department of Administrative Reforms and Public Grievances (DARPG) released the 35th Monthly Report on Centralized Public Grievance Redress and Monitoring System (CPGRAMS) of Central Ministries/ Departments performance for the month of March, 2025

    A total of 1,21,065 Grievances were Redressed by Central Ministries/Departments as of 28th March, 2025

    For the 33rd month in a row, the monthly disposal crossed 1 lakh cases in the Central Secretariat

    Department of Telecommunications, Department of Posts, and Central Board of Indirect Taxes and Customs topped in Group A category in the rankings released for the month of March, 2025

    Ministry of Parliamentary Affairs, Ministry of Tribal Affairs and Department of Heavy Industry topped in Group B category in the rankings released for the month of March, 2025

    Posted On: 15 APR 2025 7:45PM by PIB Delhi

    The Department of Administrative Reforms and Public Grievances (DARPG) released the Centralized Public Grievance Redress and Monitoring System (CPGRAMS) monthly report for March 2025, which provides a detailed analysis of types and categories of public grievances and the nature of disposal. This is the 33rdreport on Central Ministries/Departments published by DARPG.

    A total of 1,21,065 grievances were Redressed by Central Ministries/Departments as of 28th March, 2025. The Average Grievance Disposal Time in the Central Ministries/Departments from 1st March to 28th March, 2025 is 16 days. These reports are part of the 10-step CPGRAMS reform process which was adopted by DARPG to improve the quality of disposal and reduce the timelines.

    The report provides the data for new users registered through the CPGRAMS Portal in the month of March, 2025. A total of 49,912 new users registered by 28th March, 2025, with maximum registrations from Uttar Pradesh (7,602) registrations.

    The said report also provides the state-wise analysis on the grievances registered through Common Service Centres as of 28th March, 2025. CPGRAMS has been integrated with the Common Service Centre (CSC) portal and is available at more than 5 lakh CSCs, associating with 2.5 lakh Village Level Entrepreneurs (VLEs). 7,150 grievances were registered through CSCs by 28th March, 2025. It also highlights the major issues/categories for which the maximum grievances were registered through CSCs.

    The following are the Key Highlights of the DARPG’s monthly CPGRAMS report for March 2025 for Central Ministries/ Departments:

    1. PG Cases:
    • As of 28th March 2025, 1,16,970 PG cases were received on the CPGRAMS portal, 1,21,065 PG cases were redressed and there exists a pendency of 57,456 PG cases.
    1. PG Appeals:
    • As of 28th March 2025, 24,478 appeals were received and 21,400 appeals were disposed
    • The Central Secretariat has a pendency of 25,488 PG Appeals for the period 1st March 2025 to 28th March, 2025.
    1. Grievance Redressal Assessment and Index (GRAI) – till 28th March, 2025
    • Department of Telecommunications, Department of Posts, and Central Board of Indirect Taxes and Customs are amongst the top performers in the Grievance Redressal Assessment & Index within the Group A (more than equal to 500 grievances) as of 28th March, 2025.
    • Ministry of Parliamentary Affairs, Ministry of Tribal Affairs and Department of Heavy Industry are amongst the top performers in Grievance Redressal Assessment & Index within the Group B (less than 500 grievances) as of 28th March, 2025.

    The report also features 4 success stories of effective grievance resolution from Central Ministries/Departments:

    1. Grievance of Shri Prakash Kumar Agarwal – Delay in PF Withdrawal Claim

    Shri Prakash Kumar Agarwal faced delays in the processing of his PF withdrawal claim (Form 19) despite fulfilling all requirements. Having worked for over 12 years, he submitted his application, ensuring TDS exemption as per regulations. After repeated documentation requests over six months, he filed a grievance on the CPGRAMS Portal. Following that, concerned authorities processed his claim promptly, and the final PF settlement of ₹35,31,303/- was issued, resolving the matter within the same day.

    1. Grievance of Shri Vishal Verma – Non-Receipt of LPG Subsidy

    Shri Vishal Verma, holding an HP Gas LPG connection registered in the name of Ms. Anita Verma, faced subsidy non-receipt issues for several months. Upon inquiry at the LPG office, he was informed that his Aadhaar was not linked with NPCI, and he was advised to contact his bank. However, the bank confirmed that the Aadhaar was correctly linked with NPCI. Seeking a resolution, he filed a grievance on the CPGRAMS Portal. After verification by concerned authority, the subsidy was transferred to Ms. Anita Verma’s account.

    1. Grievance of Shri Souptik Sarkar – NFSC Fellowship Disbursement Delay

    Shri Souptik Sarkar, a Ph.D. student at Bidhan Chandra Krishi Viswavidyalaya, faced difficulties in linking his account for the National Fellowship for Scheduled Castes (NFSC) under the UGC NET December session. Despite completing all formalities on the Canara Bank Scholarship Portal, his request was repeatedly rejected due to subject classification issues. Seeking resolution, he filed a grievance on the CPGRAMS Portal. In response, the authorities reviewed the case, and linking request under the NFSC scheme was approved based on an explanation from the Registrar of Bidhan Chandra Krishi Vishwavidyalaya.

    1. Grievance of Smt. Bhumika Naresh Gaikwad – National Overseas Scholarship Processing Delay

    Smt. Bhumika Naresh Gaikwad, selected under the National Overseas Scholarship (NOS) 2024 for a Master of Commerce (Extension) at the University of Sydney, faced delays in receiving her final award letter. Despite completing all formalities, including income and caste verification, she awaited confirmation for months, leading to uncertainty and the need to defer her university intake. With no clear response from the NOS office, she filed a grievance on the CPGRAMS Portal. Following this, the concerned authority issued her final award letter, ensuring she could proceed without further disruptions. The grievance was promptly resolved within just three days of filing.

    *****

    NKR/PSM

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  • MIL-OSI Asia-Pac: *Cargo traffic on National Waterways hits record high of 145.5 million tonnes in FY 2024-25*

    Source: Government of India

    Posted On: 15 APR 2025 7:43PM by PIB Delhi

    The Inland Waterways Authority of India (IWAI) under the Ministry of Ports, Shipping and Waterways reached a significant milestone in cargo movement on National Waterways. For the fiscal year 2024-25, IWAI has successfully achieved record-breaking 145.5 million tonnes of cargo movement, marking an all-time high in the IWT sector. Along with this, the total number of operational waterways has gone up from 24 to 29 during the year.

    Exponential Growth in Cargo Traffic in last ten years

    Cargo traffic on National Waterways has increased from 18.10 MMT to 145.5 MMT between FY-14 and FY-25, recording a CAGR of 20.86%.

    In FY-25, traffic movement registered a growth of 9.34% year-on-year from FY-24. Five commodities i.e. coal, iron ore, iron ore fines, sand and fly ash constituted over 68% of total cargo moved on NWs during the year.

    The growth in cargo movement on national waterways is noteworthy. In the last few years, several pro-active policy measures and infrastructure initiatives have been taken to streamline cargo movement on NWs. 

    Jalvahak – Cargo Promotion Scheme

    Launched in December last year, the Jalvahak scheme promotes modal shift of cargo from other modes to IWT by incentivising cargo owners and movers to the extent of 35% of the total actual operating expenditure incurred on waterways journey. To give further push to the scheme, scheduled cargo services were made operational on NW-1, NW-2, and NW-16 via the Indo-Bangladesh Protocol. This scheme is expected to divert 800 million tonne-kilometers of cargo to the IWT mode, accounting for nearly 17% of the current 4,700 million tonne-kilometers of cargo on National Waterways.

    Digital Portal for getting NOCs to set up IWT structures on NWs

    The National Waterways (Construction of Jetties/Terminals) Regulations, 2025 encourage private sector investment in the development of inland terminals on National Waterways, optimizing the use of India’s extensive waterways network. Private, public, and joint venture entities can develop jetties/terminals across the country by obtaining a simplified no-objection certificate (NOC) from IWAI through a digital portal.

    Other Initiatives to boost cargo movement

    Fairway Development Works: Development of fairways to ensure least available depth and smooth navigation. End-to-end dredging contracts have been issued for various identified stretches on national waterways.

    Ro-Ro/Ro-Pax Services: Introduction of Roll-on/Roll-off (Ro-Ro) and Ro-Pax services on various National Waterways.

    Digital Solutions: Implementation of digital solutions like CAR-D portal and PANI portal for ease of doing business, Central database for registration of vessel and crew (Jalyaan and Navic) to promote digitisation, Naudarshika (National River Traffic and Navigational System) for safety and smooth operations of inland vessels.

    Besides, adequate waterways infrastructure including like IWT terminals, night navigation facility, navigational locks are being developed along NWs. These initiatives are expected to boost the growth of cargo movement through National Waterways, promoting a more efficient and sustainable mode of transportation.

    With the dynamic leadership of Prime Minister Shri Narendra Modi and the guidance of Minister of Ports, Shipping and Waterways Shri Sarbananda Sonowal, IWAI is committed towards developing waterways as a robust engine of growth. The Authority is expanding its footprint throughout the country, working extensively towards capacity augmentation of NW-1, NW-2, NW-3, and NW-16 among other waterways. The growth in cargo movement on national waterways is a clear indicator that the steps taken by IWAI are yielding positive results and will help in making IWT a preferred and reliable mode of transportation in the long run.  

    ***

    GDH/HR

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    MIL OSI Asia Pacific News –

  • MIL-OSI Asia-Pac: Defence Secretary calls on Italian Defence Minister in Rome to further enhance bilateral defence cooperation

    Source: Government of India

    Defence Secretary calls on Italian Defence Minister in Rome to further enhance bilateral defence cooperation

    11th India-Italy Joint Defence Committee meeting held; Focus on closer defence collaboration especially in technology and armament production

    MoU inked between SIDM & AIAD to foster closer cooperation between defence industries of both nations
               

    Posted On: 15 APR 2025 7:32PM by PIB Delhi

    Defence Secretary Shri Rajesh Kumar Singh visited Rome, Italy from April 14-15, 2025 on an official trip. The visit started with the Defence Secretary calling on the Defence Minister of Italy Mr Guido Crosetto. During the meeting, the two sides held productive discussions aimed at further enhancing defence cooperation as a key pillar of India-Italy strategic partnership.

    During his visit, Shri Rajesh Kumar Singh co-chaired the 11th India-Italy annual bilateral Joint Defence Committee meeting with his Italian counterpart, Secretary General of Defence Ms Luisa Riccardi. They discussed a wide range of defence, security and industrial cooperation issues including maritime cooperation and information sharing arrangements between India and Italy with emphasis on Trans Regional Maritime Network. The situation in the Red Sea and Western Indian Ocean Region also came up during the discussions.

    The Defence Secretary stressed on closer defence collaboration especially in technology and armament production, which is a priority area for India. He also brought out that the Government of India is proactively building an ecosystem for defence production and innovation within the country through conscious policy initiatives. India has developed a vibrant innovation and industrial ecosystem.

    In his keynote address during India-Italy Defence Industry Roundtable, Shri Rajesh Kumar Singh shared his views on how the Indian defence industry has witnessed significant changes, particularly in the past few years through progressive reforms. He said that these reforms have been marked by the creation of a conducive environment for the growth of the Indian Industry through transparency, predictability and Ease of Doing Business.

    An MoU between Society of Indian Defence Manufacturers (SIDM) and the Federation of Italian Companies for Aerospace, Defence and Security (AIAD) was also signed, marking a significant step toward fostering closer cooperation between the defence industries of both nations.

    The Defence Secretary was accompanied by a high-level Ministry of Defence delegation, comprising senior officials from Service Headquarters, Department of Defence and Department of Defence Production. A substantial industry delegation from SIDM also accompanied the Defence Secretary to foster closer B2B connections between the Indian and Italian defence industries.

    *******

    SR/Savvy

    (Release ID: 2121937) Visitor Counter : 105

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  • MIL-OSI Asia-Pac: Ministry of Labour & Employment signs MoU with Swiggy in Presence of Union Ministers Dr. Mansukh Mandaviya and Sushri Shobha Karandlaje

    Source: Government of India

    Ministry of Labour & Employment signs MoU with Swiggy in Presence of Union Ministers Dr. Mansukh Mandaviya and Sushri Shobha Karandlaje

    MoU to Enhance Gig and Logistics Employment Opportunities on NCS and Create Over 12 Lakh Job Opportunities in 2–3 years

    Posted On: 15 APR 2025 7:08PM by PIB Delhi

    Ministry of Labour & Employment and Swiggy signed a Memorandum of Understanding (MoU) in New Delhi today, marking a significant step toward strengthening employment linkages in the gig and logistics sector through the National Career Service (NCS) portal. The MoU was signed in the presence of Union Minister of Labour & Employment, Dr. Mansukh Mandaviya and Union Minister of State for Labour & Employment, Sushri Shobha Karandlaje.

    In his address, Dr. Mandaviya stated, “The National Career Service portal is a dynamic platform connecting job seekers and employers across India. With over 1.25 crore active job seekers and 40 lakh registered employers as of January 31, 2025, it is playing a crucial role in workforce mobilization. This partnership with Swiggy will further extend the portal’s reach into the fast-growing gig and platform economy, enabling access to flexible and location-based opportunities for millions of youth.”

    Dr. Mandaviya welcomed the collaboration and appreciated Swiggy’s commitment to potentially mobilize over 12 lakh job opportunities in the next 2–3 years through the NCS portal. “This collaboration represents a win-win model, while Swiggy will gain access to a diverse, skilled, and job-ready talent pool, lakhs of job seekers across the country will benefit from enhanced visibility and access to employment opportunities,” Union Minister said.

    Highlighting the platform’s accessibility and reach, Union Minister reiterated the government’s vision of making NCS a one-stop solution for employment, skilling, and counselling, and at the same time capable of hyperlocal job matching and supporting both domestic and international placements.

    Under this MoU, Swiggy will integrate its gig opportunities—including delivery, logistics, and support roles—onto the NCS portal. This real-time integration will enhance visibility of gig jobs for NCS users, who will benefit from timely and verified work opportunities across urban and semi-urban areas.

    Mr. Dinker Vashisht, Chief of Cooperate Affairs, Swiggy, welcomed the collaboration and emphasized the importance of partnerships between Gig platform and government platforms to scale employment. “Swiggy’s journey showcases how digital entrepreneurship can transform livelihoods. This MoU will empower job seekers and align with our commitment to inclusive growth in the new-age economy.”

    It is one of the steps, in the series of signing MoUs with the private employers/ portals, other leading employment/ Gig platforms etc. to bridge the gap between jobseekers and private sector employment, enabling a holistic approach to public-private coordination in job facilitation.

    Salient Points of the MoU:

    • Swiggy will regularly post verified gig and delivery job opportunities on the NCS portal and conduct hiring through it.
    • API-based integration will ensure real-time job postings and seamless application tracking for users.
    • Focus on inclusive hiring, particularly promoting employment opportunities for youth, women, and those seeking flexible work.
    • The partnership is expected to support structured onboarding, digital empowerment, and awareness of worker welfare schemes.

    The Ministry of Labour & Employment remains committed to improving employment outcomes across sectors through the NCS portal and will continue engaging with the private sector to foster an enabling ecosystem for India’s diverse workforce.

    *****

    Himanshu Pathak

    (Release ID: 2121930) Visitor Counter : 78

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  • MIL-OSI Asia-Pac: NITI Aayog launches Report on ‘Unlocking $25+ Billion Export Potential – India’s Hand & Power Tools Sector’

    Source: Government of India

    NITI Aayog launches Report on ‘Unlocking $25+ Billion Export Potential – India’s Hand & Power Tools Sector’

    Global trade market for power and hand tools worth ~$ 100 billion is projected to reach ~$ 190 billion by 2035

    Aims to achieve ~$ 25 billion exports in the next 10 years; generate ~35 lakh jobs

    Interventions include building world-class hand tool clusters with advanced infrastructure and addressing structural cost disadvantages through market reforms

    Posted On: 15 APR 2025 6:02PM by PIB Delhi

    NITI Aayog launched a report on Hand and Power tools sectors – ‘Unlocking $25+ Billion Export Potential – India’s Hand & Power Tools Sector’. The report underscores the transformative potential of hand and power tools industry for India’s economic growth, delving into the challenges, policy headwinds, and necessary interventions vital for strengthening the Indian hand and power tool ecosystem. It outlines a strategic path for the sector to enhance its global competitiveness and capture a significantly larger share of the international market. The report was launched by Shri Suman Bery, Vice Chairman, NITI Aayog in the presence of Dr. V.K. Saraswat, Member, Dr. Arvind Virmani, Member, and Shri BVR Subrahmanyam, CEO, NITI Aayog.

    The report suggests that the global trade market for power and hand tools, currently valued at approximately $ 100 billion, is projected to grow significantly, reaching around $ 190 billion by 2035. Within this market, hand tools account for $ 34 billion and are expected to expand to $ 60 billion by 2035, while power tools, including tool accessories, represent $ 63 billion and are anticipated to surge to $ 134 billion, with electrical tools comprising the majority. China dominates global exports, holding about 50% of the hand tools market with $ 13 billion and 40% of the power tools market with $ 22 billion, whereas India has a smaller presence, exporting $ 600 million in hand tools (1.8% market share) and $ 470 million in power tools (0.7% market share).

    One important finding of the report is that India has the potential to capture a larger share of the global market, targeting $ 25 billion in exports over the next decade, which could create approximately 35 lakh jobs by achieving a 10% market share in power tools and 25% in hand tools. Through fostering innovation, empowering our MSMEs, strengthening India’s industrial ecosystem, we can solidify the nation’s position as a reliable, high-quality global manufacturing hub. The potential rewards for Indian economy and its people are immense.

    The report also analyses the challenges which India may face, including a 14-17% cost disadvantage compared to China, driven by higher structural costs and smaller operational scale. This disadvantage stems from elevated raw material costs, such as steel, plastic, and motors, as well as lower labour productivity due to higher overtime wages and restrictions on overtime hours. Furthermore, higher interest rates and logistics costs for transporting goods from inland states to ports further hinder India’s competitiveness in the global market.

    To achieve India’s potential of $ 25 billion in power and hand tool exports over the next decade, the report delves into the issues impacting hand and power tools sectors and recommends three key categories of interventions which are essential. These include:

    1. Developing world-class hand tool clusters with advanced infrastructure is critical, requiring 3-4 clusters aggregating around 4,000 acres. These clusters operating under a public-private partnership (PPP) model would feature plug-and-play infrastructure, worker housing, and facilities like connectivity and convention centers to streamline operations.
    2. Addressing structural cost disadvantages through market reforms is necessary, including rationalizing Quality Control Order (QCO) restrictions and import duties on essential raw materials like steel and machinery, simplifying the Export Promotion Capital Goods (EPCG) scheme by easing Authorized Economic Operator (AEO) requirements, and reducing penal provisions like interest on defaults. Additionally, reforms to building regulations and labour laws are needed to enhance competitiveness.
    3. Providing bridge cost support to offset cost disadvantages is crucial, though no additional support beyond existing schemes like Remission of Duties and Taxes on Exported Products (RoDTEP) and duty drawbacks is required if factor market interventions are effectively implemented. However, the report estimates that in the absence of these reforms, an additional RS. 8,000 crores in bridge support will be necessary, which should be viewed as an investment rather than a subsidy, as it is expected to generate 2-3 times its value in tax revenue over the next five years.

    The report observes that the tools industry serves as a foundational pillar of the global manufacturing ecosystem. The Hand and Power Tools sector represents a significant opportunity to realise India’s ambition of becoming a ‘global manufacturing hub’. The report underlines that India stands at the cusp of becoming a developed nation i.e Viksit Bharat @ 2047, where the industrial eco-system will play a pivotal role. The Hand and Power Tools sector will help enhance our domestic manufacturing and expand our global footprint by $ 25 billion in the next 10 years, with the growth in the construction and DIY markets, augmenting the “Make in India” initiative and accelerating nation’s economic growth.

    The report can be accessed at: https://www.niti.gov.in/sites/default/files/2025-04/India_Hand_Power_Tools_Sector_Report.pdf

    ******

    MJPS/SR/SKS

    (Release ID: 2121901) Visitor Counter : 78

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  • MIL-OSI Asia-Pac: INSV TARINI FLAGGED OFF FROM CAPE TOWN FOR THE FINAL LEG OF THE NAVIKA SAGAR PARIKRAMA II EXPEDITION

    Source: Government of India

    Posted On: 15 APR 2025 5:28PM by PIB Delhi

    INSV Tarini was ceremonially flagged off from the Royal Cape Yacht Club for the final leg of her journey to Goa on 15 Apr 25, at 1030 hours local time (1400 hrs IST). The send-off was graced by the presence of the Officiating Consul General of India in Cape Town, the Defence Attaché of India to South Africa, members of the RCYC Governing Council, and representatives of the Indian community in Cape Town.

    The circumnavigation is a significant endeavour aimed at promoting ocean sailing in India, showcasing the strength and resilience of Indian women in uniform, and highlighting India’s indigenous shipbuilding capabilities.

    As part of the ongoing Navika Sagar Parikrama II, INSV Tarini, proudly crewed by Lieutenant Commander Dilna K and Lieutenant Commander Roopa A, made a scheduled stopover at Cape Town, South Africa.

    https://pib.gov.in/PressReleasePage.aspx?PRID=2117120

    During her port call at Cape Town, INSV Tarini served as a hub for numerous outreach and diplomatic engagements. The vessel played host to several esteemed guests including:

    •        Shri Prabhat Kumar, Hon’ble High Commissioner of India to South Africa.

    •        Mr Reagan Allen, Deputy Speaker of the Western Cape.

    •        Mr Johnathan Rhodes, former international cricketer and a friend of India.

    •        Ms Kirsten Neuschäfer, winner of the prestigious Golden Globe Race 2022–23 and a noted solo circumnavigator.

    •        Smt Ruby Jaspreet, Counsel General of India at Cape Town.

    •        Members of the Indian diaspora and local dignitaries.

    This visit also provided an opportunity for cultural exchange and highlighted the growing maritime cooperation between India and South Africa.

    In addition to hosting high-profile guests, the crew of INSV Tarini engaged in a series of interactive events aimed at promoting gender equality, women’s empowerment, and India’s capability in indigenous boat building. These included:

    •        A special interaction with students from the Indian diaspora.

    •        Experience sharing with prominent citizens, and members of the diplomatic community at RCYC, Cape Town, where the officers shared insights into their journey, the challenges of ocean sailing, and the vision behind Navika Sagar Parikrama.

    •        A formal session with faculty and Select students at the University of the Western Cape.

    •        Engagement with Naval Cadets at the Naval College, inspiring the next generation of naval officers.

    •        Interaction with young aspiring sailors of the Royal Cape Yacht Club(RCYC) Sailing Academy, promoting maritime spirit and camaraderie.

    The crew also utilized the stop to undertake routine and essential maintenance of INSV Tarini, ensuring the vessel remains in peak operational condition for the final stretch of the voyage.

    INSV Tarini is expected to reach Goa by end May 2025, marking the successful completion of yet another proud chapter in India’s maritime history. The Navika Sagar Parikrama II continues to be a beacon of women empowerment, maritime excellence, and national pride.

    _____________________________________________________________

    VM/SKS                                                                                                        88/25

     

     

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  • MIL-OSI Asia-Pac: Centre for Joint Warfare Studies Hosts Defence Literature Festival ‘Kalam & Kavach 2.0’ in New Delhi

    Source: Government of India

    Posted On: 15 APR 2025 5:15PM by PIB Delhi

    The Centre for Joint Warfare Studies (CENJOWS), under the aegis of Headquarters Integrated Defence Staff (HQ IDS), Ministry of Defence, in collaboration with Pentagon Press, successfully hosted the second edition of the Defence Literature Festival ‘Kalam & Kavach 2.0’ at Manekshaw Centre in New Delhi. This year’s theme was ‘Securing India’s Rise through Defence Reforms’.

    The event, held on April 15, 2025, focused on Defence Technology and Future Warfare, particularly in the context of defence manufacturing. It was aligned with the Prime Minister’s call for ‘Aatmanirbhar Bharat’ (Self-reliant India) and highlighted key aspects of acquisition & procurement reforms.

    The event brought together distinguished experts from the Armed Forces, strategic policymakers, industry leaders, and domain specialists to deliberate on critical issues affecting India’s national security. Discussions included several cutting-edge topics including Technology & Future Warfare; the role of AI, cyber technologies, quantum computing, drones, space technology, and semiconductors in modern military operations; Defence Manufacturing & Aatmanirbharta, Acquisition & Procurement Reforms.

    The event focused on charting a strategic roadmap for its national security, diplomacy and development. It also covered the progress made on adoption of niche technologies, enhancing multi-domain and cross-domain operational capabilities to include land, air, sea, cyber and space. The agenda also included contemporary maritime security paradigms, future challenges and the way ahead to further the combat capability.

    Raksha Mantri Shri Rajnath Singh declared 2025 as the ‘Year of Reforms,’ marking a transformational year aimed at converting the Armed Forces into a technologically-advanced, combat-ready force. This vision underscores the nation’s commitment to multi-domain, integrated operations and emphasises a mission-mode approach to defence reforms, facilitating technology transfer, and improving public-private partnerships.

    *****

    VK/SR/PS

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  • MIL-OSI Asia-Pac: Prime Minister Shri Narendra Modi holds telephonic conversation with the Prime Minister of Denmark H.E. Ms. Mette Frederiksen

    Source: Government of India

    Prime Minister Shri Narendra Modi holds telephonic conversation with the Prime Minister of Denmark H.E. Ms. Mette Frederiksen 

    The leaders discussed various aspects of bilateral relations as well global developments

    The leaders looked forward to their meeting in Norway on the sidelines of the forthcoming India-Nordic Summit

    Posted On: 15 APR 2025 6:02PM by PIB Delhi

    Prime Minister Shri Narendra Modi and Prime Minister of Denmark H.E. Ms. Mette Frederiksen had a telephonic conversation today. Both leaders discussed various aspects of bilateral relations as well as global developments.

    2.     Recalling high-level exchanges between both countries ever since the launch of the Green Strategic Partnership in 2020, the leaders noted the expansion of the Green Strategic Partnership in various fields which have created favorable conditions for Danish investments in India to contribute to green transition. The leaders also discussed regional and global issues of mutual interest.

    3.     Prime Minister Narendra Modi said that he was looking forward to the 3rd India- Nordic Summit scheduled to be held later this year in Norway, and his meeting with Prime Minister Frederiksen at that time.

    ***

    MJPS/SR/SKS

    (Release ID: 2121900) Visitor Counter : 15

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  • MIL-OSI Asia-Pac: 2025 Southwest Monsoon likely to be above normal, says IMD’S Long Range Forecast for the Southwest Monsoon Seasonal Rainfall

    Source: Government of India

    2025 Southwest Monsoon likely to be above normal, says IMD’S Long Range Forecast for the Southwest Monsoon Seasonal Rainfall

    Seasonal rainfall expected at 105% of LPA with a margin of ±5%

    Enso conditions neutral, but la Niña-like atmospheric patterns observed neutral ENSO likely to persist throughout the monsoon season

    Indian ocean dipole remains neutral ahead of monsoon 2025 climate models predict continued neutral IOD conditions through the season

     Below-normal snow cover in Eurasia for last three months may boost Indian monsoon

    Posted On: 15 APR 2025 5:45PM by PIB Delhi

    Highlights

     a) The southwest monsoon seasonal (June to September) rainfall over the country as a whole during 2025 is most likely to be above normal (>104% of the Long Period Average (LPA)). Quantitatively, the seasonal rainfall over the country as a whole is likely to be 105% of LPA with a model error of ± 5%. The LPA of the season rainfall over the country as a whole for the period 1971-2020 is 87 cm.

     b) Currently, Neutral El Nino-Southern Oscillation (ENSO) conditions are prevailing over the equatorial Pacific region. However, the atmospheric Circulation features are similar to La Nina conditions. The latest Monsoon Mission Climate Forecast System (MMCFS) as well as other climate model forecasts indicate that the Neutral ENSO condition are likely to continue during the monsoon season.

    c)At present, neutral Indian Ocean Dipole (IOD) conditions are present over the Indian Ocean and the latest Climate models forecast indicates that the Neutral IOD conditions are likely to continue during the southwest monsoon season.

    d)The snow cover areas of northern hemisphere and Eurasia during the last three months (January to March, 2025) were below normal. The winter and spring snow cover extent over Northern Hemisphere as well as Eurasia has in general an inverse relationship with the subsequent Indian summer monsoon rainfall. IMD will issue the updated forecasts for monsoon season rainfall in the last week of May 2025.

    1. Background

    Since 2003, India Meteorological Department (IMD) has been issuing the operational long-range forecast (LRF) for the southwest monsoon seasonal (June-September) rainfall averaged over the country as a whole in two stages. The first stage forecast is issued in April and the second stage or updated forecast is issued by the end of May. In 2021, IMD has implemented a new strategy for issuing monthly and seasonal operational forecasts for the southwest monsoon rainfall over the country by modifying the existing two stage forecasting strategy. The new strategy uses both dynamical and statistical forecasting system. Multi-Model Ensemble (MME) forecasting system based on coupled global climate models (CGCMs) from different global climate prediction centres, including IMD’s Monsoon Mission Climate Forecast System (MMCFS) are used.

    As per the new LRF strategy, the first stage forecast issued in middle of April consists of the quantitative and probabilistic forecasts for the country as a whole, and the spatial distribution of probabilistic forecasts for the tercile categories (above normal, normal, and below normal) of the seasonal (June-September) rainfall over the country.

    The second stage forecast issued around end of May consist of update for the seasonal rainfall forecast issued in April along with the probabilistic forecasts for the seasonal rainfall over the four homogenous regions of India (northwest India, central India, south Peninsula and northeast India) and monsoon core zone (MCZ). In addition, quantitative and probabilistic forecasts for the country as a whole, and the spatial distribution of probabilistic forecasts for the tercile categories (above normal, normal, and below normal) of the June rainfall over the country are also issued during the second state forecast.

    In continuation to the above forecasts, monthly rainfall forecast is issued around end of June, July and August respectively for the subsequent one month. In addition, quantitative and probabilistic forecasts for the country as a whole, and the spatial distribution of probabilistic forecasts for the tercile categories for the second half of the season rainfall is issued around end of July along with the forecast for August.

    2. Forecast for the 2025 Southwest Monsoon Season (June–September) rainfall over the country as a whole during 2025.

    The forecast based on both dynamical and statistical models suggests that quantitatively, the monsoon seasonal rainfall is likely to be 105% of the Long Period 3 3

    Average (LPA) with a model error of ± 5%. The LPA of the season rainfall over the country as a whole for the period 1971-2020 is 87 cm.

    The five category probability forecasts for the Seasonal (June to September) rainfall over the country as a whole are given below, which suggests that there is strong probability (59%) of southwest monsoon seasonal rainfall likely to be in the above normal category or higher (>104% of LPA).

    Category

    Rainfall Range

    (% of LPA)

    Forecast Probability (%)

    Climatological

    Probability (%)

    Deficient

    < 90

    2

    16

    Below Normal

    90 – 95

    9

    17

    Normal

    96 -104

    30

    33

    Above Normal

    105-110

    33

    16

    Excess

    > 110

    26

    17

    The MME forecast for the southwest monsoon season rainfall during 2025 was prepared based on the April initial conditions of a group of coupled climate models which have higher prediction skill over the Indian monsoon region.

    The spatial distribution of probabilistic forecasts for tercile categories (above normal, normal and below normal) for the seasonal (June to September) rainfall during 2025 is shown in Fig.1. The spatial distribution suggests above-normal seasonal rainfall is very likely over most parts of the country except some areas over Northwest India, Northeast India and South Peninsular India, where below-normal rainfall is likely. The white-shaded areas within the land area represent no signal from the model with equal probabilities for all the tercile categories of rainfall.

    3. Sea Surface Temperature (SST) Conditions in the equatorial Pacific & Indian Oceans

    Currently, neutral ENSO conditions are prevailing over the equatorial Pacific region. However, the atmospheric Circulation features are similar to La Nina conditions. The latest MMCFS as well as other climate models forecast indicates that neutral ENSO conditions are likely to continue during the monsoon season.

    At present, neutral IOD conditions are present over the Indian Ocean and the latest climate model forecast indicates that the neutral IOD conditions are likely to continue during the southwest monsoon season.

    As sea surface temperature (SST) conditions over the Pacific and the Indian Oceans are known to have a strong influence on the Indian monsoon, IMD is carefully monitoring the evolution of sea surface conditions over these Ocean basins.

    4. Snow Cover over the Northern Hemisphere

    The winter and spring snow cover extent over Northern Hemisphere as well as Eurasia has in general an inverse relationship with the subsequent Indian summer monsoon rainfall. The areas of northern hemisphere snow cover and Eurasian snow cover during January to March, 2025 were observed to be below normal.

    Fig.1.Probability forecast of tercile categories* (below normal, normal, and above normal) for the seasonal rainfall over India during southwest monsoon season (June -September), 2025. The figure illustrates the most likely categories as well as their probabilities. The white shaded areas represent no signal from the model with equal probabilities for all the tercile categories.

    (*Tercile categories have equal climatological probabilities, of 33.33% each).

    *****

    NKR/PSM

    (Release ID: 2121897) Visitor Counter : 24

    MIL OSI Asia Pacific News –

  • MIL-OSI Asia-Pac: DRI intercepts 7.56 kg cocaine worth around Rs. 75.6 crore at IGI Airport from an in-bound passenger from Dubai, one held

    Source: Government of India

    Posted On: 15 APR 2025 4:50PM by PIB Delhi

    In a significant operation against drug trafficking, acting on specific intelligence, the Directorate of Revenue Intelligence (DRI) intercepted an Indian national upon her arrival from Dubai at Indira Gandhi International (IGI) Airport, on 14.04.2024, New Delhi.

    The baggage of the passenger, after a thorough inspection, was found to contain five empty handbags / purses. Upon cutting open the inner layers of these five bags, 10 packets of white-coloured powder weighing 7.56 kg and worth around Rs. 75.6 crore, were found concealed and tested positive for cocaine.

    The apprehended individual was arrested under the provisions of the Narcotic Drugs and Psychotropic Substances (NDPS) Act, 1985. The DRI is pursuing further investigations to uncover the source of the drugs and identify any potential networks involved in the smuggling operation.

    ****

    NB/KMN

    (Release ID: 2121865) Visitor Counter : 19

    MIL OSI Asia Pacific News –

  • MIL-OSI Asia-Pac: IBC to organise two-day International Conclave in Arunachal Pradesh on 21st & 22nd April 2025

    Source: Government of India

    Posted On: 15 APR 2025 4:43PM by PIB Delhi

    The International Buddhist Confederation (IBC) in collaboration with the Ministry of Culture is hosting a two-day International Conclave at Namsai, Arunachal Pradesh, titled “Buddha Dhamma and the Culture of North-East India” on 21-22 April 2025. The event is likely to be attended by the Arunachal Pradesh Chief Minister, Shri Pema Khandu. The Deputy Chief Minister, Shri Chowna Mein who hails from this region, is also likely to participate.

    North- East India, comprising Arunachal Pradesh, Assam, Manipur, Meghalaya, Mizoram, Nagaland, Sikkim, and Tripura, is a significant centre for Buddhist traditions, monastic culture, and heritage. The region has preserved and propagated various Buddhist traditions, including Theravāda, Mahāyāna, and Vajrayāna.

    The Government of India is actively involved in several initiatives to promote Buddhist tourism, heritage conservation, and cultural exchange programmes to strengthen the presence of Buddha Dhamma in the region. To explore the significance of “Buddha Dhamma and the Culture of North – East India”, IBC is organising the 2-day event at the Multipurpose Cultural Hall, Namsai.

    While the first day will include three panel discussions on – its historical relevance, art and culture of the region and cultural impact of Buddha Dhamma on the neighbouring countries, and vice versa, the second day will be dedicated to practicing Vipassana and praying for world peace at the famous Golden Pagoda.

    Historically, Buddha Dhamma reached North-East India during the reign of Emperor Ashoka and expanded to other neighbouring regions. It has played a crucial role in the Buddhist cultural corridor connecting India to Southeast Asia.

    Besides, the North- East India is home to several indigenous tribes that have integrated Buddha Dhamma with their traditional customs. Diverse Buddhist traditions, Theravāda, Mahāyāna, and Vajrayāna, flourish here.

    A backgrounder on Buddhism in Namsai, Arunachal Pradesh is attached: –

    ****

    Sunil Kumar Tiwari

    pibculture[at]gmail[dot]com

    (Release ID: 2121860) Visitor Counter : 57

    MIL OSI Asia Pacific News –

  • MIL-OSI Asia-Pac: CONSUMER PRICE INDEX NUMBERS ON BASE 2012=100 FOR RURAL,

    Source: Government of India

    Ministry of Statistics & Programme Implementation

    CONSUMER PRICE INDEX NUMBERS ON BASE 2012=100 FOR RURAL,

    URBAN AND COMBINED FOR THE MONTH OF MARCH, 2025

    Posted On: 15 APR 2025 4:00PM by PIB Delhi

    I. Key highlights:

    1. Year-on-year inflation rate based on All India Consumer Price Index (CPI) for the month of March, 2025 over March, 2024 is 3.34% (Provisional). There is a decline of 27 basis points in headline inflation of March, 2025 in comparison to February, 2025. It is the lowest year-on-year inflation after August, 2019.
    1. Food Inflation: Year-on-year inflation rate based on All India Consumer Food Price Index (CFPI) for the month of March, 2025 over March, 2024 is 2.69% (Provisional). Corresponding inflation rate for rural and urban are 2.82% and 2.48%, respectively. All India inflation rates for CPI (General) and CFPI over the last 13 months are shown below. A sharp decline of 106 basis point is observed in food inflation in March, 2025 in comparison to February, 2025. The food inflation in March, 2025 is the lowest after November, 2021.
    1. The significant decline in headline inflation and food inflation during the month of March, 2025 is mainly attributed to decline in inflation of Vegetables, Eggs, Pulses & products, Meat & fish, Cereals & Products and Milk & products.
    2. Rural Inflation: Sharp decline in headline and food inflation in rural sector observed in March, 2025. The headline inflation is 3.25% (provisional) in March, 2025 while the same was 3.79% in February, 2025. The CFPI based food inflation in rural sector is observed as 2.82% in March, 2025 in comparison to 4.06% in February, 2025.
    3. Urban Inflation: Marginal increase from 3.32% in February, 2025 to 3.43% (Provisional) in March, 2025 is observed in headline inflation of urban sector. However, significant decline is observed in food inflation from 3.15% in February, 2025 to 2.48% in March, 2025.
    4. Housing Inflation: Year-on-year Housing inflation rate for the month of March, 2025 is 3.03%. Corresponding inflation rate for the month of February, 2025 was 2.91%. The housing index is compiled for urban sector only.
    5. Fuel & light: Year-on-year Fuel & light inflation rate for the month of March, 2025 is 1.48%. Corresponding inflation rate for the month of February, 2025 was -1.33%. It is the combined inflation rate for both rural and urban sector.
    6. Education Inflation: Year-on-year Education inflation rate for the month of March, 2025 is 3.98%.  The inflation rate observed in the month of February, 2025 was 3.83%. It is the combined education inflation for both rural and urban sector.
    7. Health Inflation: Year-on-year Health inflation rate for the month of March, 2025 is 4.26%. Corresponding inflation rate for the month of February, 2025 was 4.12%.  It is the combined health inflation for both rural and urban sector.
    8. Transport & Communication: Year-on-year Transport & communication inflation rate for the month of March, 2025 is 3.30%. Corresponding inflation rate for the month of February, 2025 was 2.93%. It is combined inflation rate for both rural and urban sector.
    9. Top five items with highest inflation: The top five items showing highest year on year Inflation at All India level in March, 2025 are coconut oil (56.81%), coconut (42.05%), gold (34.09%), silver (31.57%) and grapes (25.55%)
    10. Top five items with lowest inflation: The key items having lowest year on year inflation in March, 2025 are ginger (-38.11%), tomato (-34.96%), cauliflower (-25.99%), jeera (-25.86%) and garlic (-25.22%). For other data related to All India Item Index and Inflation, please visit the website www.cpi.mospi.gov.in.
    11. Top five major states with high Year on Year inflation for the month of March, 2025 are shown in the graph below.

     

    1. All India Inflation rates (on point to point basis i.e. current month March, 2025 viz-a-viz last Month, i.e. February, 2025 and over same month of last year i.e. March, 2024), based on General Indices and CFPIs are given as follows:

     

    All India year-on-year inflation rates (%) based on CPI (General) and CFPI: March, 2025 over

    March, 2024

     

    March, 2025 (Prov.)

    February, 2025 (Final)

    March, 2024

    Rural

    Urban

    Combd.

    Rural

    Urban

    Combd.

    Rural

    Urban

    Combd.

    Inflation

    CPI (General)

    3.25

    3.43

    3.34

    3.79

    3.32

    3.61

    5.51

    4.14

    4.85

    CFPI

    2.82

    2.48

    2.69

    4.06

    3.15

    3.75

    8.55

    8.41

    8.52

    Index

    CPI (General)

    193.9

    189.9

    192.0

    194.5

    190.1

    192.5

    187.8

    183.6

    185.8

    CFPI

    193.1

    198.2

    194.9

    194.8

    199.8

    196.6

    187.8

    193.4

    189.8

                          Notes: Prov.  – Provisional, Combd. – Combined

     

    1.  Monthly changes in the General Indices and CFPIs are given below:

         Monthly changes (%) in All India CPI (General) and CFPI: March, 2025 over February, 2025

    Indices

    March 2025 (Prov.)

    February, 2025 (Final)

    Monthly change (%)

    Rural

    Urban

    Combd.

    Rural

    Urban

    Combd.

    Rural

    Urban

    Combd.

    CPI (General)

    193.9

    189.9

    192.0

    194.5

    190.1

    192.5

    -0.31

    -0.11

    -0.26

    CFPI

    193.1

    198.2

    194.9

    194.8

    199.8

    196.6

    -0.87

    -0.80

    -0.86

                                  Notes: Prov.  – Provisional, Combd. – Combined

     

    1. Response rate: The price data are collected from selected 1114 urban Markets and 1181 villages covering all States/UTs through personal visits by field staff of Field Operations Division of NSO, MoSPI on a weekly roster. During the month of March, 2025, NSO collected prices from 100% villages and 98.6% urban markets while the market-wise prices reported therein were 89.8% for rural and 92.6% for urban.
    2. Next date of release for April, 2025 CPI is 12th May, 2025 (Monday). For more details, please visit the website www.cpi.mospi.gov.in or esankhyiki.mospi.gov.in

     

    List of Annex

    Annex

    Title

    I

    All-India General, Group and Sub-group level CPI and CFPI numbers for February, 2025 (Final) and March, 2025 (Provisional) for Rural, Urban and Combined (Annexure I)

    II

    All-India inflation rates (%) for General, Group and Sub-group level CPI and CFPI numbers for March, 2025 (Provisional) for Rural, Urban and Combined (Annexure II)

    III

    General CPI for States for Rural, Urban and Combined for February, 2025 (Final) and March, 2025 (Provisional) (Annexure III)

    IV

    Year-on-year inflation rates (%) of major States for Rural, Urban and Combined for March, 2025 (Provisional) (Annexure IV)

    V

     Time Series Data for All India General CPI (Base 2012 =100) Since January, 2013 (Annexure V)

    VI

                                                                                                     

    Annexure- I

    All-India General, Group and Sub-group level CPI and CFPI numbers for February, 2025 (Final) and March, 2025 (Provisional) for Rural, Urban and Combined (Base: 2012=100)

    Group Code

    Sub-group Code

    Description

    Rural

    Urban

    Combined

     

    Weights

    Feb. 25 Index
    (Final)

    Mar. 25 Index
    (Prov.)

    Weights

    Feb. 25 Index
    (Final)

    Mar. 25 Index
    (Prov.)

    Weights

    Feb. 25 Index
    (Final)

    Mar. 25 Index
    (Prov.)

     

    (1)

    (2)

    (3)

    (4)

    (5)

    (6)

    (7)

    (8)

    (9)

    (10)

    (11)

    (12)

     

     

    1.1.01

    Cereals and products

    12.35

    200.6

    200.8

    6.59

    198.6

    198.9

    9.67

    200.0

    200.2

     

     

    1.1.02

    Meat and fish

    4.38

    219.1

    218.1

    2.73

    229.0

    228.3

    3.61

    222.6

    221.7

     

     

    1.1.03

    Egg

    0.49

    194.9

    185.3

    0.36

    200.0

    190.3

    0.43

    196.9

    187.2

     

     

    1.1.04

    Milk and products

    7.72

    187.6

    187.9

    5.33

    188.4

    188.3

    6.61

    187.9

    188.0

     

     

    1.1.05

    Oils and fats

    4.21

    188.9

    189.7

    2.81

    176.0

    177.4

    3.56

    184.2

    185.2

     

     

    1.1.06

    Fruits

    2.88

    195.1

    201.6

    2.90

    198.7

    204.7

    2.89

    196.8

    203.0

     

     

    1.1.07

    Vegetables

    7.46

    181.2

    171.0

    4.41

    216.8

    204.3

    6.04

    193.3

    182.3

     

     

    1.1.08

    Pulses and products

    2.95

    200.2

    194.3

    1.73

    205.1

    199.3

    2.38

    201.9

    196.0

     

     

    1.1.09

    Sugar and Confectionery

    1.70

    131.4

    133.1

    0.97

    133.8

    135.0

    1.36

    132.2

    133.7

     

     

    1.1.10

    Spices

    3.11

    224.8

    222.9

    1.79

    222.1

    220.5

    2.50

    223.9

    222.1

     

     

    1.2.11

    Non-alcoholic beverages

    1.37

    188.3

    188.9

    1.13

    177.3

    178.0

    1.26

    183.7

    184.3

     

     

    1.1.12

    Prepared meals, snacks, sweets etc.

    5.56

    202.4

    202.9

    5.54

    214.0

    214.9

    5.55

    207.8

    208.5

     

    1

     

    Food and beverages

    54.18

    195.4

    194.0

    36.29

    201.3

    200.1

    45.86

    197.6

    196.2

     

    2

     

    Pan, tobacco and intoxicants

    3.26

    209.0

    209.7

    1.36

    213.4

    213.8

    2.38

    210.2

    210.8

     

     

    3.1.01

    Clothing

    6.32

    200.7

    201.0

    4.72

    190.8

    191.2

    5.58

    196.8

    197.1

     

     

    3.1.02

    Footwear

    1.04

    194.1

    194.3

    0.85

    176.2

    176.7

    0.95

    186.7

    187.0

     

    3

     

    Clothing and footwear

    7.36

    199.8

    200.0

    5.57

    188.6

    189.0

    6.53

    195.4

    195.6

     

    4

     

    Housing

    –

    –

    –

    21.67

    183.7

    183.6

    10.07

    183.7

    183.6

     

    5

     

    Fuel and light

    7.94

    182.8

    182.7

    5.58

    171.0

    171.3

    6.84

    178.3

    178.4

     

     

    6.1.01

    Household goods and services

    3.75

    187.7

    187.3

    3.87

    179.1

    179.6

    3.80

    183.6

    183.7

     

     

    6.1.02

    Health

    6.83

    201.6

    202.4

    4.81

    196.3

    197.4

    5.89

    199.6

    200.5

     

     

    6.1.03

    Transport and communication

    7.60

    177.7

    178.1

    9.73

    166.6

    166.9

    8.59

    171.9

    172.2

     

     

    6.1.04

    Recreation and amusement

    1.37

    181.9

    181.1

    2.04

    177.3

    177.7

    1.68

    179.3

    179.2

     

     

    6.1.05

    Education

    3.46

    192.6

    193.1

    5.62

    188.2

    188.6

    4.46

    190.0

    190.5

     

     

    6.1.06

    Personal care and effects

    4.25

    214.2

    216.8

    3.47

    216.3

    219.2

    3.89

    215.1

    217.8

     

    6

     

    Miscellaneous

    27.26

    192.9

    193.5

    29.53

    183.8

    184.6

    28.32

    188.5

    189.2

     

    General Index (All Groups)

    100.00

    194.5

    193.9

    100.00

    190.1

    189.9

    100.00

    192.5

    192.0

     

     

    Consumer Food Price Index (CFPI)

    47.25

    194.8

    193.1

    29.62

    199.8

    198.2

    39.06

    196.6

    194.9

     

     

     

    Notes:

    1. Prov.       : Provisional.
    2. CFPI        : Out of 12 sub-groups contained in ‘Food and Beverages’ group, CFPI is based on ten sub-groups, excluding ‘Non-alcoholic beverages’ and ‘Prepared meals, snacks, sweets etc.’.
    1. –   : CPI (Rural) for housing is not compiled.

    Annexure- II

     

    All-India year-on-year inflation rates (%) for General, Group and Sub-group level CPI and CFPI numbers for March, 2025 (Provisional) for Rural, Urban and Combined (Base: 2012=100)

     

    Group Code

    Sub-group Code

    Description

    Rural

    Urban

    Combined

     

    Mar. 24 Index
    (Final)

    Mar. 25

    Index
    (Prov.)

    Inflation Rate
    (%)

    Mar. 24 Index
    (Final)

    Mar. 25

    Index
    (Prov.)

    Inflation Rate
    (%)

    Mar. 24 Index
    (Final)

    Mar. 25

    Index
    (Prov.)

    Inflation Rate
    (%)

     

    (1)

    (2)

    (3)

    (4)

    (5)

    (6)

    (7)

    (8)

    (9)

    (10)

    (11)

    (12)

     
     

    1.1.01

    Cereals and products

    189.3

    200.8

    6.08

    188.5

    198.9

    5.52

    189.0

    200.2

    5.93

     
     

    1.1.02

    Meat and fish

    217.9

    218.1

    0.09

    226.7

    228.3

    0.71

    221.0

    221.7

    0.32

     
     

    1.1.03

    Egg

    192.7

    185.3

    -3.84

    194.3

    190.3

    -2.06

    193.3

    187.2

    -3.16

     
     

    1.1.04

    Milk and products

    183.2

    187.9

    2.57

    183.6

    188.3

    2.56

    183.3

    188.0

    2.56

     
     

    1.1.05

    Oils and fats

    160.2

    189.7

    18.41

    154.7

    177.4

    14.67

    158.2

    185.2

    17.07

     
     

    1.1.06

    Fruits

    172.8

    201.6

    16.67

    176.7

    204.7

    15.85

    174.6

    203.0

    16.27

     
     

    1.1.07

    Vegetables

    182.5

    171.0

    -6.30

    222.6

    204.3

    -8.22

    196.1

    182.3

    -7.04

     
     

    1.1.08

    Pulses and products

    199.7

    194.3

    -2.70

    205.0

    199.3

    -2.78

    201.5

    196.0

    -2.73

     
     

    1.1.09

    Sugar and Confectionery

    128.0

    133.1

    3.98

    130.1

    135.0

    3.77

    128.7

    133.7

    3.89

     
     

    1.1.10

    Spices

    236.3

    222.9

    -5.67

    228.2

    220.5

    -3.37

    233.6

    222.1

    -4.92

     
     

    1.2.11

    Non-alcoholic beverages

    182.1

    188.9

    3.73

    170.3

    178.0

    4.52

    177.2

    184.3

    4.01

     
     

    1.1.12

    Prepared meals, snacks, sweets etc.

    195.9

    202.9

    3.57

    204.6

    214.9

    5.03

    199.9

    208.5

    4.30

     

    1

    		  

    Food and beverages

    188.5

    194.0

    2.92

    194.4

    200.1

    2.93

    190.7

    196.2

    2.88

     

    2

    		  

    Pan, tobacco and intoxicants

    204.0

    209.7

    2.79

    210.2

    213.8

    1.71

    205.7

    210.8

    2.48

     
     

    3.1.01

    Clothing

    195.8

    201.0

    2.66

    185.8

    191.2

    2.91

    191.9

    197.1

    2.71

     
     

    3.1.02

    Footwear

    191.1

    194.3

    1.67

    172.3

    176.7

    2.55

    183.3

    187.0

    2.02

     

    3

    		  

    Clothing and footwear

    195.1

    200.0

    2.51

    183.8

    189.0

    2.83

    190.6

    195.6

    2.62

     

    4

    		  

    Housing

    –

    –

    –

    178.2

    183.6

    3.03

    178.2

    183.6

    3.03

     

    5

    		  

    Fuel and light

    181.0

    182.7

    0.94

    167.4

    171.3

    2.33

    175.8

    178.4

    1.48

     
     

    6.1.01

    Household goods and services

    183.3

    187.3

    2.18

    174.0

    179.6

    3.22

    178.9

    183.7

    2.68

     
     

    6.1.02

    Health

    194.3

    202.4

    4.17

    189.1

    197.4

    4.39

    192.3

    200.5

    4.26

     
     

    6.1.03

    Transport and communication

    172.0

    178.1

    3.55

    161.9

    166.9

    3.09

    166.7

    172.2

    3.30

     
     

    6.1.04

    Recreation and amusement

    177.8

    181.1

    1.86

    172.8

    177.7

    2.84

    175.0

    179.2

    2.40

     
     

    6.1.05

    Education

    186.1

    193.1

    3.76

    181.2

    188.6

    4.08

    183.2

    190.5

    3.98

     
     

    6.1.06

    Personal care and effects

    191.3

    216.8

    13.33

    192.8

    219.2

    13.69

    191.9

    217.8

    13.50

     

    6

    		  

    Miscellaneous

    184.2

    193.5

    5.05

    176.0

    184.6

    4.89

    180.2

    189.2

    4.99

     

    General Index (All Groups)

    187.8

    193.9

    3.25

    183.6

    189.9

    3.43

    185.8

    192.0

    3.34

     

     

     

    Consumer Food Price Index

    187.8

    193.1

    2.82

    193.4

    198.2

    2.48

    189.8

    194.9

    2.69

     

     

     

     

     

     

     

     

    Notes:

    1. Prov.       : Provisional.
    2. –               : CPI (Rural) for housing is not compiled.

     

    Annexure- III

     

    General CPI for States for Rural, Urban and Combined for February, 2025 (Final) and March, 2025 (Provisional) (Base: 2012=100)

     

    Sl. No.

    Name of the State/UT

    Rural

    Urban

    Combined

     

    Weights

    Feb. 25 Index
    (Final)

    Mar. 25 Index
    (Prov.)

    Weights

    Feb. 25 Index
    (Final)

    Mar. 25 Index
    (Prov.)

    Weights

    Feb. 25 Index
    (Final)

    Mar. 25 Index
    (Prov.)

     

    (1)

    (2)

    (3)

    (4)

    (5)

    (6)

    (7)

    (8)

    (9)

    (10)

    (11)

     

    1

    Andhra Pradesh

    5.40

    196.3

    195.7

    3.64

    198.5

    197.9

    4.58

    197.1

    196.5

     

    2

    Arunachal Pradesh

    0.14

    196.9

    196.2

    0.06

    —

    —

    0.10

    196.9

    196.2

     

    3

    Assam

    2.63

    196.8

    195.8

    0.79

    194.4

    194.0

    1.77

    196.3

    195.4

     

    4

    Bihar

    8.21

    187.8

    187.4

    1.62

    197.8

    197.2

    5.14

    189.3

    188.8

     

    5

    Chhattisgarh

    1.68

    186.6

    185.7

    1.22

    181.4

    180.8

    1.46

    184.6

    183.8

     

    6

    Delhi

    0.28

    174.5

    174.2

    5.64

    171.6

    171.8

    2.77

    171.8

    171.9

     

    7

    Goa

    0.14

    184.0

    185.6

    0.25

    182.1

    182.8

    0.19

    182.8

    183.9

     

    8

    Gujarat

    4.54

    189.4

    188.7

    6.82

    178.6

    179.0

    5.60

    183.3

    183.2

     

    9

    Haryana

    3.30

    196.2

    196.1

    3.35

    184.0

    184.6

    3.32

    190.5

    190.7

     

    10

    Himachal Pradesh

    1.03

    180.0

    179.4

    0.26

    184.9

    184.7

    0.67

    180.9

    180.4

     

    11

    Jharkhand

    1.96

    186.2

    185.1

    1.39

    189.6

    189.8

    1.69

    187.5

    186.9

     

    12

    Karnataka

    5.09

    199.1

    198.3

    6.81

    201.0

    201.0

    5.89

    200.1

    199.8

     

    13

    Kerala

    5.50

    207.6

    207.5

    3.46

    201.6

    201.4

    4.55

    205.5

    205.3

     

    14

    Madhya Pradesh

    4.93

    191.5

    191.1

    3.97

    192.4

    192.4

    4.48

    191.9

    191.6

     

    15

    Maharashtra

    8.25

    192.4

    192.0

    18.86

    186.7

    186.6

    13.18

    188.6

    188.4

     

    16

    Manipur

    0.23

    229.5

    227.2

    0.12

    189.2

    188.7

    0.18

    216.7

    215.0

     

    17

    Meghalaya

    0.28

    178.6

    178.2

    0.15

    186.5

    186.0

    0.22

    181.1

    180.6

     

    18

    Mizoram

    0.07

    207.3

    207.1

    0.13

    181.5

    181.9

    0.10

    191.6

    191.7

     

    19

    Nagaland

    0.14

    202.4

    201.5

    0.12

    184.4

    184.3

    0.13

    194.7

    194.2

     

    20

    Odisha

    2.93

    196.4

    195.3

    1.31

    186.7

    186.1

    2.18

    193.7

    192.7

     

    21

    Punjab

    3.31

    188.6

    188.8

    3.09

    178.3

    179.3

    3.21

    184.0

    184.5

     

    22

    Rajasthan

    6.63

    190.5

    189.9

    4.23

    188.2

    188.1

    5.51

    189.7

    189.3

     

    23

    Sikkim

    0.06

    203.1

    201.4

    0.03

    188.1

    187.8

    0.05

    198.2

    197.0

     

    24

    Tamil Nadu

    5.55

    202.3

    200.3

    9.20

    199.2

    198.3

    7.25

    200.5

    199.1

     

    25

    Telangana

    3.16

    203.4

    202.2

    4.41

    199.9

    198.5

    3.74

    201.5

    200.2

     

    26

    Tripura

    0.35

    208.5

    209.8

    0.14

    200.0

    199.4

    0.25

    206.3

    207.1

     

    27

    Uttar Pradesh

    14.83

    193.1

    192.8

    9.54

    190.2

    190.2

    12.37

    192.1

    191.9

     

    28

    Uttarakhand

    1.06

    187.2

    187.4

    0.73

    192.3

    192.7

    0.91

    189.1

    189.4

     

    29

    West Bengal

    6.99

    196.8

    196.5

    7.20

    193.8

    193.4

    7.09

    195.4

    195.0

     

    30

    Andaman & Nicobar Islands

    0.05

    200.1

    200.1

    0.07

    188.2

    187.6

    0.06

    194.0

    193.7

     

    31

    Chandigarh

    0.02

    189.9

    190.0

    0.34

    177.5

    177.6

    0.17

    178.2

    178.3

     

    32

    Dadra & Nagar Haveli

    0.02

    178.5

    176.7

    0.04

    186.3

    185.2

    0.03

    183.7

    182.4

     

    33

    Daman & Diu

    0.02

    197.6

    196.9

    0.02

    186.8

    186.4

    0.02

    193.1

    192.5

     

    34

    Jammu & Kashmir*

    1.14

    204.7

    205.4

    0.72

    197.7

    197.7

    0.94

    202.2

    202.7

     

    35

    Lakshadweep

    0.01

    198.3

    197.9

    0.01

    188.1

    189.6

    0.01

    193.1

    193.7

     

    36

    Puducherry

    0.08

    206.6

    203.9

    0.27

    197.6

    196.5

    0.17

    199.9

    198.4

     

    All India

    100.00

    194.5

    193.9

    100.00

    190.1

    189.9

    100.00

    192.5

    192.0

     

    Notes:

    1. Prov.:  Provisional
    2. –:  indicates the receipt of price schedules is less than 80% of allocated schedules and therefore indices are not compiled.
    3. *: Figures of this row pertain to the prices and weights of the combined Union Territories of Jammu & Kashmir

    and Ladakh (erstwhile State of Jammu & Kashmir).

     

    Annexure- IV

     

    Year-on-year inflation rates (%) of major@ States for Rural, Urban and Combined for March, 2025 (Provisional) (Base: 2012=100)

    Sl. No.

    Name of the State/UT

    Rural

    Urban

    Combined

     

    Mar. 24 Index
    (Final)

    Mar. 25

    Index
    (Prov.)

    Inflation Rate
    (%)

    Mar. 24 Index
    (Final)

    Mar. 25

    Index
    (Prov.)

    Inflation Rate
    (%)

    Mar. 24 Index
    (Final)

    Mar. 25

    Index
    (Prov.)

    Inflation Rate
    (%)

     

    (1)

    (2)

    (3)

    (4)

    (5)

    (6)

    (7)

    (8)

    (9)

    (10)

    (11)

     

    1

    Andhra Pradesh

    191.6

    195.7

    2.14

    191.9

    197.9

    3.13

    191.7

    196.5

    2.50

     

    2

    Assam

    189.4

    195.8

    3.38

    184.8

    194.0

    4.98

    188.5

    195.4

    3.66

     

    3

    Bihar

    182.2

    187.4

    2.85

    188.7

    197.2

    4.50

    183.1

    188.8

    3.11

     

    4

    Chhattisgarh

    177.4

    185.7

    4.68

    174.5

    180.8

    3.61

    176.3

    183.8

    4.25

     

    5

    Delhi

    169.6

    174.2

    2.71

    169.4

    171.8

    1.42

    169.4

    171.9

    1.48

     

    6

    Gujarat

    183.9

    188.7

    2.61

    174.3

    179.0

    2.70

    178.5

    183.2

    2.63

     

    7

    Haryana

    188.9

    196.1

    3.81

    177.8

    184.6

    3.82

    183.7

    190.7

    3.81

     

    8

    Himachal Pradesh

    173.9

    179.4

    3.16

    178.7

    184.7

    3.36

    174.8

    180.4

    3.20

     

    9

    Jharkhand

    182.5

    185.1

    1.42

    184.0

    189.8

    3.15

    183.1

    186.9

    2.08

     

    10

    Karnataka

    190.5

    198.3

    4.09

    191.9

    201.0

    4.74

    191.3

    199.8

    4.44

     

    11

    Kerala

    193.4

    207.5

    7.29

    191.1

    201.4

    5.39

    192.6

    205.3

    6.59

     

    12

    Madhya Pradesh

    184.7

    191.1

    3.47

    187.4

    192.4

    2.67

    185.8

    191.6

    3.12

     

    13

    Maharashtra

    186.3

    192.0

    3.06

    179.0

    186.6

    4.25

    181.4

    188.4

    3.86

     

    14

    Odisha

    188.8

    195.3

    3.44

    181.3

    186.1

    2.65

    186.7

    192.7

    3.21

     

    15

    Punjab

    181.4

    188.8

    4.08

    173.8

    179.3

    3.16

    178.0

    184.5

    3.65

     

    16

    Rajasthan

    184.9

    189.9

    2.70

    183.6

    188.1

    2.45

    184.4

    189.3

    2.66

     

    17

    Tamil Nadu

    193.3

    200.3

    3.62

    190.9

    198.3

    3.88

    191.9

    199.1

    3.75

     

    18

    Telangana

    201.8

    202.2

    0.20

    195.0

    198.5

    1.79

    198.1

    200.2

    1.06

     

    19

    Uttar Pradesh

    187.2

    192.8

    2.99

    184.8

    190.2

    2.92

    186.3

    191.9

    3.01

     

    20

    Uttarakhand

    181.9

    187.4

    3.02

    183.6

    192.7

    4.96

    182.5

    189.4

    3.78

     

    21

    West Bengal

    190.5

    196.5

    3.15

    187.3

    193.4

    3.26

    189.0

    195.0

    3.17

     

    22

    Jammu & Kashmir*

    196.8

    205.4

    4.37

    191.4

    197.7

    3.29

    194.9

    202.7

    4.00

     

    All India

    187.8

    193.9

    3.25

    183.6

    189.9

    3.43

    185.8

    192.0

    3.34

     

    Notes:

    1. Prov.     :  Provisional.
    2. *               : Figures of this row pertain to the prices and weights of the combined Union Territories of Jammu &                            Kashmir and Ladakh (erstwhile State of Jammu & Kashmir).
    3. @               : States having population more than 50 lakhs as per Population Census 2011.

     

    Annexure-V

    Time Series Data for All India General CPI (Base 2012 =100) Since January, 2013

     

    Year

    Jan

    Feb

    Mar

    Apr

    May

    Jun

    Jul

    Aug

    Sep

    Oct

    Nov

    Dec

    2013

    104.6

    105.3

    105.5

    106.1

    106.9

    109.3

    111.0

    112.4

    113.7

    114.8

    116.3

    114.5

    2014

    113.6

    113.6

    114.2

    115.1

    115.8

    116.7

    119.2

    120.3

    120.1

    120.1

    120.1

    119.4

    2015

    119.5

    119.7

    120.2

    120.7

    121.6

    123.0

    123.6

    124.8

    125.4

    126.1

    126.6

    126.1

    2016

    126.3

    126.0

    126.0

    127.3

    128.6

    130.1

    131.1

    131.1

    130.9

    131.4

    131.2

    130.4

    2017

    130.3

    130.6

    130.9

    131.1

    131.4

    132.0

    134.2

    135.4

    135.2

    136.1

    137.6

    137.2

    2018

    136.9

    136.4

    136.5

    137.1

    137.8

    138.5

    139.8

    140.4

    140.2

    140.7

    140.8

    140.1

    2019

    139.6

    139.9

    140.4

    141.2

    142.0

    142.9

    144.2

    145.0

    145.8

    147.2

    148.6

    150.4

    2020

    150.2

    149.1

    148.6

    151.4

    150.9

    151.8

    153.9

    154.7

    156.4

    158.4

    158.9

    157.3

    2021

    156.3

    156.6

    156.8

    157.8

    160.4

    161.3

    162.5

    162.9

    163.2

    165.5

    166.7

    166.2

    2022

    165.7

    166.1

    167.7

    170.1

    171.7

    172.6

    173.4

    174.3

    175.3

    176.7

    176.5

    175.7

    2023

    176.5

    176.8

    177.2

    178.1

    179.1

    181.0

    186.3

    186.2

    184.1

    185.3

    186.3

    185.7

    2024

    185.5

    185.8

    185.8

    186.7

    187.7

    190.2

    193.0

    193.0

    194.2

    196.8

    196.5

    195.4

    2025

    193.4

    192.5

    192.0*

    		                  

     

    Notes:

    1. * : Index Value for March 2025  is  Provisional.

     

    Annexure-VI

    Year

    Jan

    Feb

    Mar

    Apr

    May

    Jun

    Jul

    Aug

    Sep

    Oct

    Nov

    Dec

    2014

    8.60

    7.88

    8.25

    8.48

    8.33

    6.77

    7.39

    7.03

    5.63

    4.62

    3.27

    4.28

    2015

    5.19

    5.37

    5.25

    4.87

    5.01

    5.40

    3.69

    3.74

    4.41

    5.00

    5.41

    5.61

    2016

    5.69

    5.26

    4.83

    5.47

    5.76

    5.77

    6.07

    5.05

    4.39

    4.20

    3.63

    3.41

    2017

    3.17

    3.65

    3.89

    2.99

    2.18

    1.46

    2.36

    3.28

    3.28

    3.58

    4.88

    5.21

    2018

    5.07

    4.44

    4.28

    4.58

    4.87

    4.92

    4.17

    3.69

    3.70

    3.38

    2.33

    2.11

    2019

    1.97

    2.57

    2.86

    2.99

    3.05

    3.18

    3.15

    3.28

    3.99

    4.62

    5.54

    7.35

    2020

    7.59

    6.58

    5.84

    –

    –

    6.23

    6.73

    6.69

    7.27

    7.61

    6.93

    4.59

    2021

    4.06

    5.03

    5.52

    4.23

    6.30

    6.26

    5.59

    5.30

    4.35

    4.48

    4.91

    5.66

    2022

    6.01

    6.07

    6.95

    7.79

    7.04

    7.01

    6.71

    7.00

    7.41

    6.77

    5.88

    5.72

    2023

    6.52

    6.44

    5.66

    4.70

    4.31

    4.87

    7.44

    6.83

    5.02

    4.87

    5.55

    5.69

    2024

    5.10

    5.09

    4.85

    4.83

    4.80

    5.08

    3.60

    3.65

    5.49

    6.21

    5.48

    5.22

    2025

    4.26

    3.61

    3.34*

    		                  

     

    Notes:

    1. * : Inflation Value for March  2025  is Provisional.
    2. – : Inflation was not compiled and released due to Covid-19 pandemic outbreak. 

    Click here to see PDF.

    ****

    Samrat

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    MIL OSI Asia Pacific News –

  • MIL-OSI Asia-Pac: Startup selected under NQM launches one of India’s most powerful quantum computers

    Source: Government of India

    Posted On: 15 APR 2025 3:49PM by PIB Delhi

    Bangaluru based QpiAI, one of the 8 startups selected under the National Quantum Mission, coordinated by the Department of Science and Technology (DST) announced the launch of one of India’s most powerful quantum computers featuring 25 superconducting qubits, on the occasion of World Quantum Day yesterday.

    QpiAI-Indus, the quantum computer launched, is the first full-stack quantum computing system in the country and combines advanced quantum hardware, scalable control, and optimized software for transformative hybrid computing. It integrates advanced quantum processors, next-generation Quantum-HPC software platforms, and AI-enhanced quantum solutions.

    With this milestone, QpiAI is driving deep-science and deep-tech innovation across life sciences, drug discovery, materials sciences, mobility, logistics, sustainability, and climate action.

    As a part of India’s National Quantum Mission, QpiAI is at the forefront of building the country’s quantum computing technology ecosystem, national quantum adoption programs, and creating one of the world’s largest quantum talent ecosystems. QpiAI is committed to accelerating India’s quantum journey, making quantum computing technologies practical, accessible, and globally impactful. The technologies from the company, bootstrapped in 2019, have led to 11 patent applications and generated a revenue of around Rs 1 million per annum. They have also generated substantial capital from the Small Industries Development Bank of India (SIDBI).

    With this announcement on World Quantum Day which marks a shared vision for a quantum-enabled future that transforms industries, accelerates scientific discovery, and empowers the next generation of innovators, QpiAI joins the global community of scientists, engineers, policy makers, and enthusiasts in celebrating the remarkable progress and possibilities unlocked by quantum science and technology.

    ***

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    MIL OSI Asia Pacific News –

  • MIL-OSI Economics: Meet four emerging filmmakers bending cultural and creative lines with iPhone 16 Pro Max

    Source: Apple

    Headline: Meet four emerging filmmakers bending cultural and creative lines with iPhone 16 Pro Max

    April 15, 2025

    UPDATE

    Meet four emerging filmmakers bending cultural and creative lines with iPhone 16 Pro Max

    The talent behind this year’s MAMI Select: Filmed on iPhone projects delve into how India’s varied landscapes and cultures shaped their shorts

    Writer, director, and actor Konkona Sen Sharma believes that beyond technology, a filmmaker’s most important tool is courage.

    “With iPhone, there’s so much power contained in such a compact package that you can bypass the conventions of mainstream filmmaking,” says Sen Sharma, a two-time winner of India’s National Film Awards. “All you need is a great idea, and the guts and determination to follow through with it.”

    Alongside fellow Indian film industry icons Vikramaditya Motwane, Lijo Jose Pellissery, and Vetri Maaran, Sen Sharma is mentoring four emerging filmmakers selected by the Mumbai Academy of the Moving Image (MAMI) to create short films for the 2025 MAMI Select: Filmed on iPhone program.

    Now in its second year, the program empowers MAMI alumni to push the boundaries of technology and innovation, shooting their projects on iPhone 16 Pro Max and editing them on MacBook Pro with M4 Max. Two of last year’s participating films recently won 2025 Critics’ Choice Awards India for Best Short Film, Best Director (Short Film), and Best Writing (Short Film).

    “Shooting on iPhone allows for complete personal expression,” says Maaran, writer-director of the upcoming Tamil action thriller Vaadivaasal. He believes he is learning as much from his mentees as he is teaching them. “We’re living in the age of democracy in filmmaking.”

    This year’s MAMI Select filmmakers — Amrita Bagchi, Rohin Raveendran Nair, Chanakya Vyas, and Shalini Vijayakumar — are discovering new cinematic worlds through the lens of iPhone 16 Pro Max.

    “The unique voices of these filmmakers are beautifully contextualized through the four languages and regions of India in which they are rooted,” says MAMI festival director Shivendra Singh Dungarpur.

    “These are very passionate people with important stories to tell,” says Pellissery, the filmmaker behind Malayalam features like Ee.Ma.Yau. and Jallikattu. “Shooting on iPhone, they are pushing their own limits with fantastic results.”

    Each filmmaker leveraged the powerful capabilities of MacBook Pro with the M4 Max chip to weave their stories together. “Shooting and editing within the Apple family of products gives you a stellar advantage: speed,” says writer-director Motwane, whose work in film and television includes Udaan and Black Warrant.

    That lightning-fast performance of MacBook Pro alongside the ease of use of iPhone 16 Pro Max is giving these artists even more creative control on and off set.

    Navigating childhood and change, legacy, and liberation, Bagchi, Nair, Vyas, and Vijayakumar recently premiered their stories in Mumbai.

    Creating Claustrophobia with Cinematic Mode

    With a background in design, acting, singing, and songwriting, Amrita Bagchi feels she was always destined to be a filmmaker. “It’s like a confluence of all the art forms,” she says.

    Bagchi, whose short film Succulent won the Grand Jury Prize at the Indian Film Festival of Los Angeles in 2022, hails from Kolkata, the city in West Bengal, India, that has produced cinematic stalwarts like Satyajit Ray and Mrinal Sen. It’s also the home of many a spooky story.

    Her new short film, Tinctoria, is a psychological thriller inspired by an actual historical event: the indigo revolt that arose in Bengal in 1859. It tells the story of a modern-day fashion mogul whose ancestral legacy is built on the skeletons of indigo farmers from the colonial era — the ghosts of whom quite literally come back to haunt her.

    To create the immersive, claustrophobic atmosphere of a thriller, Bagchi is engaging Cinematic mode for the film’s opening montage. “We’re tracking bubbles and plastic sheets flying through the air, and the depth of field is so clean,” she says. “Just like it’s shot on a huge, high-budget cinematic camera.”

    Bagchi believes her film could never have been shot through traditional means.

    “It was a very ambitious production, but with iPhone 16 Pro Max, I can constantly create and improvise,” she says. “That edginess of movement, it’s like visual rap.”

    With graphically demanding workflows — like overlaying the industry-standard Rec. 709 color space on ProRes Log footage captured on iPhone — she is surprised that her M4 Max MacBook Pro hasn’t lagged once.

    “It’s like a rocket machine,” she says. “On a tight schedule I can just shoot at 4K120 fps on my iPhone, and still have tremendous flexibility to change the pacing during the edit on my MacBook Pro.”

    The theme of legacy runs strong with Bagchi, and not just in her film. “We want to emulate pioneers like Satyajit Ray. He didn’t let the conventions of his time dictate his story,” she says.

    ProRes Paints a Coastal Canvas

    “Even though I grew up in New Delhi, I’ve always been exposed to Kerala’s brave, daring cinema,” says Rohin Raveendran Nair, a director, writer, and cinematographer whose credits include Netflix shows like Sacred Games and Black Warrant.

    Nair’s short film Kovarty takes him back to his roots in the coastal city of Alleppey. A love story tinged with magical realism, it showcases the relationship between a typewriter and typist. Qwerty, as the typewriter is christened, is slowly transformed by the lilting local accent into Kovarty. This acts as a metaphor for the film’s major theme: change.

    The prospect of shooting on iPhone 16 Pro Max was instrumental in Nair’s choice of narrative. “Using iPhone’s small form factor, I could place the camera inside the typewriter and capture its POV,” he says. “This, along with practical effects with fish wires, helps bring the device to life.”

    Nair is framing his point of view shots in a 4:3 aspect ratio to emulate the verticality of a sheet of paper. These are juxtaposed against a wider 2:1 aspect ratio when capturing the expansive backwater landscapes. For some old-world charm, he also uses a bloom filter to create a halo around the highlights.

    Nair believes iPhone 16 Pro Max will complement Alleppey’s vivid blue-greens.

    “One day our location is bright and sunny, the next it’s cloudy and gloomy,” he says. “The camera captures such rich detail with ProRes Log in all sorts of lighting situations.”

    Action Mode Helps Cut Through the Noise

    For his new short film Mangya, educator and thespian Chanakya Vyas found inspiration in an unusual place. “It may seem obsolete, but a newspaper is a great place to discover stories,” he says.

    Vyas — whose short film Loo was nominated for Best Short Film (Narrative) at the New York Indian Film Festival — went down a rabbit hole after reading an article about an avian flu outbreak in suburban Mumbai. That, combined with the devastating loss of his golden retriever, inspired his new short film.

    Mangya is a coming-of-age tale about an 11-year-old boy and his pet, the titular rooster. “Losing a pet is very different from the loss of another person,” muses Vyas. “What started out as a story about a lonely boy, eventually became one about letting go.”

    For a key scene in the film, Vyas is tracking his actor for 1,000 feet just before the break of dawn.

    “There’s no time to mount the camera on a traditional gimbal,” he says. “But with Action mode, I could even shoot multiple takes. The stabilization is just so impressive.”

    Recording clean sound in a country as loud as India can be tricky, but Vyas is incorporating the cacophony into his milieu.

    “We’re able to layer footsteps, the rooster crowing, and the whirring sound of a fan with distinct clarity with the studio-quality mics on iPhone 16 Pro Max,” he says. “The native audio is that good in its bit rate and cadence.”

    Out amid the chicken coops while on set, Vyas relies on the nano-texture display of his MacBook Pro, which dramatically reduces glare and distractions from reflections coming from the overhead sun as he reviews the continuity of his shots. Nano-texture is a game-changing experience when working outdoors.

    “For a director, the most important thing is how the footage will turn out,” Vyas says. “Thankfully the Liquid Retina XDR display on my MacBook Pro gives me an accurate representation of the actual colors we will see in the finished version.”

    Screaming in Slow Motion

    Growing up in a traditional Tamil-speaking home in Chennai, filmmaker Shalini Vijayakumar loved hearing stories about her mother’s large family. “Some used to be funny, others were sad,” she says.

    “Some were about an uncle who used to talk to ghosts,” she continues. “As a 6-year-old, I would imagine myself in my mom’s place — full of stories to tell.”

    Her influences all come together in her new short film, Seeing Red, a comedic horror film about the quashed emotions of the women in a large Tamil household.

    Set in the 1980s, the film begins with three different women screaming in horror after seeing a ghost. It ends with them screaming to express a collective, repressed rage. “It’s like a journey from being scared to being angry,” she says. “The actors enjoy just getting to shout at the top of their lungs. And I scream with them because I’m also letting it all out.”

    To depict the scream, Vijayakumar is inverting a traditionally masculine visual device from Tamil cinema using iPhone 16 Pro Max. “I call these the ‘mass shots’ where the heroes walk dramatically in slow motion,” she says. “I’m doing that for the women in 4K120 fps, and it looks fabulous.”

    For more tightly framed shots, the 120 mm lens on iPhone 16 Pro Max allows her to bring together her narrative, staging, and theme in a single shot that she composed using Procreate on iPad.

    “Using the 5x Telephoto lens, I’m able to place the men in front as they discuss the fate of the women in the background,” Vijayakumar explains. “There’s so much storytelling in that one frame through that particular lens.”

    For all the complexities of theme, technology, and technique, both Vijayakumar and Seeing Red possess an ephemeral lightness of spirit. “My hope is that everyone has fun and remembers that women screamed in it!”

    Vikramaditya Motwane, the award-winning director and program mentor, is convinced the four MAMI Select filmmakers can carry forward the legacy of visionaries like Orson Welles and Satyajit Ray. “These filmmakers can be the pioneers who take the camera to places we’ve never seen before,” he says.

    Watch these four short films on the MAMI YouTube channel.

    Press Contacts

    Renee Felton

    Apple

    rfelton@apple.com

    Apple Media Helpline

    media.help@apple.com

    MIL OSI Economics –

  • MIL-OSI USA: Support Grows for ‘Beacon of Hope’ R&D Legislation

    Source: United States House of Representatives – Congressman Ron Estes (R-Kansas)

    On Tax Day, organizations and innovators are continuing to show support for the American Innovation and R&D Competitiveness Act, legislation introduced by Reps. Ron Estes (R-Kansas) and John Larson (D-Connecticut) that permanently allows for immediate research and development expensing looking back to 2022 when the provision expired. Reps. Estes and Larson were joined by Reps. Rudy Yakym (R-Indiana) and Suzan DelBene (D-Washington) and the bill has an additional 70 cosponsors evenly split between Republicans and Democrats. The statements below are in addition to support expressed by the National Association of Manufacturers and the Association of Equipment Manufacturers when Reps. Estes and Larson introduced the bill in March.

    “The Aerospace Industries Association is grateful for the continued bipartisan support of the American Innovation and R&D Competitiveness Act, which will restore immediate research and development expensing — allowing innovation to flourish among America’s aerospace and defense companies and ensuring we continue to outpace our adversaries. We thank Congressman Estes and Congressman Larson for championing these efforts and supporting American business by reintroducing this important bill,” said Eric Fanning, president and CEO, Aerospace Industries Association.

    “Restoring full and immediate R&D expensing is essential to the future of American manufacturing and the competitiveness of the U.S. plastics industry,” said Chris Rager, vice president of government affairs, Plastics Industry Association. “Our sector supports over one million jobs and drives innovation in critical areas like healthcare, automotive, and sustainable packaging. This bipartisan measure will help ensure manufacturers can continue investing in next-generation technologies that strengthen our economy, advance sustainability, and keep the United States at the forefront of global innovation.”

    “The American Innovation and R&D Competitiveness Act is a beacon of hope for U.S. manufacturers as we face unfair global competition,” said Eric Axel, executive director, American Medical Manufacturers Association. “By reinstating immediate R&D expensing, this bipartisan legislation empowers domestic makers of critical medical supplies to innovate, compete, and safeguard our public health and national security. It’s a crucial step towards ensuring America remains a leader in producing life-saving supplies, fostering economic resilience, and creating high-paying jobs nationwide.”

    “Our research and development efforts drive advancements in magnetic technologies used across food processing, recycling, and advanced manufacturing. These innovations not only help protect equipment and ensure safety—they also support good-paying, skilled jobs in Kansas. Restoring immediate expensing for R&D, as proposed in Congressman Estes’ legislation, would give manufacturers like us the certainty and resources we need to keep hiring, expanding, and staying competitive. We’re grateful for his leadership and strong support of Kansas manufacturers,” said Robert Bunting Jr., president & CEO, Bunting in Newton, Kansas.

    You can read the full text of the bill here.

    Background
     Rep. Estes has been a leader in advocating for American innovation. In the previous Congress, Reps. Estes and John Larson (D-Connecticut) reintroduced H.R. 2673 – the American Innovation and R&D Competitiveness Act – on April 18, 2023. Rep. Estes delivered remarks on the House floor in April of 2023 and numerous organizations offered their support following the bill’s introduction. In June, Rep. Estes testified on the legislation in a Small Business Committee subcommittee, discussed the bill during a Ways and Means markup for the Committee’s Build It in America Act – an economic package that included a version of Rep. Estes’ bill and was reported out of committee and penned an op-ed for The Hill highlighting the then more than 100 cosponsors and touting the benefits of the legislation. In December, Rep. Estes spoke to Tax Notes about the expired provision and published an op-ed in Newsweek unpacking the positive outcomes – for individual taxpayers and across the economy – made possible by the Tax Cuts and Jobs Act (TCJA) of 2017 and explaining how his bipartisan bill offers a solution to the expired R&D expensing provision that would help restore America’s dominance in R&D and secure American jobs.

    In April of 2024, Ways and Means Committee Chairman Jason Smith (R-Missouri) and Tax Subcommittee Chairman Mike Kelly (R-Pennsylvania) named Rep. Estes chair of the newly formed U.S. Innovation Tax Team, one of ten working groups comprised of committee members to study key tax provisions from the 2017 Trump tax cuts that are set to expire in 2025. Rep. Estes talked with innovators and manufacturers throughout Kansas in August and September and led a delegation with House Ways and Means Chairman Jason Smith (R-Missouri) and then-Tax Team Vice Chair Michelle Steel (R-California) to Silicon Valley later in September to meet with U.S. innovators and stakeholders about the upcoming TCJA expirations.

    MIL OSI USA News –