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Thursday, 24 March 2022

The Export revolution under the Modi Government.



India achieved its highest ever goods export target of $400 billion on March 23 nine days ahead of schedule.  Asia's third largest economy had set this ambitious export target for FY22. 
Export increased by 37% to USD 400 billion during Apri-March 22, 2021-22 against $292 billion 2020-21.
According to hon'ble PM “India set an ambitious target of $400 billion of goods exports and achieves this target for the first time ever. I congratulate our farmers, weavers, MSMEs (micro, small and medium enterprises), manufacturers and exporters for this success,".

Sunday, 20 March 2022

Modi's Ujjwala Effect: over 1.5 lakh lives saved in a year, 13% reduction in air pollution deaths.


Modi's Ujjwala Effect: Research found over 1.5 lakh lives saved in a year, 13% reduction in air pollution deaths.



In May 2016, Ministry of Petroleum and Natural Gas , introduced the ‘Pradhan Mantri Ujjwala Yojana as a flagship scheme with an objective to make clean cooking fuel such as LPG available to the rural and deprived households which were otherwise using traditional cooking fuels such as firewood, coal, cow-dung cakes etc. Usage of traditional cooking fuels had detrimental impacts on the health of rural women as well as on the environment.

The scheme was launched on 1st May 2016 in Ballia, Uttar Pradesh by Hon’ble Prime Minister of India, Shri. Narendra Modi with slogan of ‘clean fuel and better life’.

According to the WHO, smoke from a stone causes the same harm as burning 400 cigarettes in an hour. According to WHO more than 5 lakh women have to lose their lives every year due to cooking with fossil fuel in India.

Achievement

Total 9 crore connection released under Pradhan Mantri Ujjwala Yojana as on 31 Jan 2022.


Effect of this program

The effect of this program of the government is being seen that due to the use of LPG gas for cooking, 1.5 lakh lives have been saved out of pollution deaths in the year 2019 itself.

PM 2.5 emissions reductions are estimated to be at least 1.8 million tonnes that year due to the Pradhan Mantri Ujjwala Yojana.

Ajay Nagpure, Ritesh Patidar and Vandana Tyagi, who have been working in the field of environment for a long time, have been working for the World Resource Institute (WRI) India for a long time. All three have done this study. Nagpure has done his PhD from IIT Roorkee and has been working on environmental pollution for 18 years. Before coming to India in 2019, he worked with the Center for Science, Technology and Environmental Policy at the Hubert Humphrey School of Public Affairs at the University of Minnesota.

Vandana Tyagi is also an environmental engineer and was a Research Fellow at IIT Roorkee. Patidar, who graduated in 2017 from the same institute, is researching sustainable clean cooking energy solutions, air pollution and related policies. These researchers believe that the benefits of the Ujjwala scheme that are being told can actually be more than that.



Wednesday, 9 March 2022

West Bengal can expect $20 billion investment in Logistics sector in next 10 yrs.

 

West Bengal can expect $20 billion investment in ware housing and logistics sector in next 10 years.


The logistics sector is likely to be the backbone of economic development in West Bengal .The sector could attract investment worth $20 billion and it could generate jobs 1 million by using the state’s unique locational advantage and  vast network of rail, road and port.Prime location may be -Dankuni,Kharagpur,Haldia,Tajpur,Durgapur,klayani and Siliguri.

We know West Bengal's strategic location makes gateway to South East Asia and Eastern, North Eastern and South India .

We also know ASEAN-INDIA trade like to touch USD 200 Billion by 2021 and may be  $500 bn by 2025.....wb can play a key role in INDO -ASEAN international trade due to its statigic location.

✔️WHY BENGAL NEEDS LOGISTICS  HUB & BiG INVESTMENT ???

Wb has huge potential to grow as a logistics  hub.

 (1)Upcoming MAJOR ECONOMIC CORRIDOR.

A)Three🚆🚆🚆Dedicated Freight Corridor in WB.

    proposed freight Corridor expected to carry about 600 million(60 cr tonnes) tonnes of freight per annum.

I)    🚆Eastern Dedicated Freight Corridor- Dankuni to Ludhiana.

Il)   🚆East coast Freight corridor- kharagpur to Vijayawada.

III) 🚆East-West Dedicated Freight Corridor- Kolkata to Mumbai.

B)🌍BCIM Economic Corridor-The Bangladesh, China, India and Myanmar Economic Corridor.Trade  potential of BCIM Economic  corridor around  $150 billion.

The 2800 km proposed corridor will cover 1.70 million square kilometres, encompassing an estimated 600 million(60 cr) people in China's Yunnan province(kunming), Bangladesh(Dhaka ), Myanmar(Mandalay), and West Bengal(Kolkata ) in Eastern India through the combination of 🚛road,🚆 rail, 🚢water and✈ air linkages in the region. 

(2)Upcoming DEEP SEA PORT in Wb.

l)Tajpur and ll) Kulpi.

Expected Annual cargo tonnage 100million tonnes.Existing sea port kolkata and Haldia annual cargo tonnage approx 100 mt.

(3)Upcoming 1500acre ✈ AIRPORT at Kalyani, could handle lakh tonne  cargo.

(4)Major Industrial areas -

Major Industrial areas in West Bengal Suchas-KHARAGPUR Vidyasagar industrial park-  -HALDIA-ASANSOL -HOOGHLY-DURGAPUR-BURDWAN- RAGHUNATHPUR etc 

Outside of West Bengal such as -Jamshedpur industrial area,ANGUL industrial area ,Ranchi ,jharkhand etc directly depends on West Bengal.

(5)Major consumption Market 300-400million -

West Bengal ,North , North East and South India.

Big cities such as KOLKATA(metropolitan city),other big cities in West Bengal - Durgapur, Asansol, Burdwan,Siliguri , Kharagpur,Haldia and Howrah etc.

Other major cities, out side of West Bengal like-Bokaro steel city, Jamshedpura, Cuttack,Bhubneswar,Angul,Ranchi etc directly depends on West Bengal.

So,West Bengal has a Definite and Immediate potential to emerge as the Logistics Hub of South East Asia, East-North- South India.