CM Jagan to lay stone for projects worth 1.8k cr

The is planning to conduct a ground-breaking/inauguration ceremony for 28 projects worth 1.93 lakh crore Investment potential in the next two months. As part of this, chief minister YS JaganMohanReddy will lay a foundation stone for six projects worth 1,775 crore on June 22.

It may be recalled that the government conducted the global investors summit (GIS) on March 2 and 3 in Visakhapatnam. TheGIS, the state government declared, drew 387 investment proposals/MoUs worth 13.12 lakh crore with an EMPLOYMENT creation potential for six lakh people.

According to government, 14 projects have already commenced their commercial operations in the state. These 14 projects have started their businesses with 2,749 crore investment, creating employment for 7,108 persons. Meanwhile, 106 more projects are under active construction/ready for ground-breaking with an investment of 3.7 lakh crore with a potential to create employment for 2,13,513 people. If all these turn

into reality, this will be 29% of investment realisation of the GIS MoUs and 35% of employment generation. According to the government officials, the other projects are in various stages of implementation such as land allotment, approvals in progress, detailed project preparation, financial closures, etc.

Jagan to deposit 703cr to benefit 9.95L students under Jagananna Vidya Deevena

Chief Minister Y.S. Jagan Mohan Reddy would deposit Rs 703 crore directly into the bank accounts of the mothers of 9.95 lakh students, under Jagananna Vidya Deevena programme

for its January-March quarter, 2023, payment.

This would be done at the click of a button by the CM during his public meeting at Kovvur in East Godavari. Home minister Taneti Vanitha said Jagan Reddy would reach dais from the helipad through a road show.

The has so far paid Rs 14,912.43 crore including the arrears of Rs 1,778 crore of the previous Telugu Desam government from 2017 onwards, under the Jagananna Vidya Deevena and Jagananna Vasathi Deevena schemes.

As part of the Jagananna Deevena scheme, the state provides financial support to poor students to pursue higher Education by providing them a total fee reimbursement on a quarterly basis. The amount will be directly remitted into the bank accounts of mothers of students after completion of the quarter to help the students pursue ITI, polytechnic, degree, engineering medicine and other courses.

The Jagananna Vasathi Deevana scheme helps students get financial assistance for boarding and lodging expenses. The assistance is fixed at Rs 20,000 for students pursuing

degree, engineering and medicine courses, Rs 15,000 for polytechnic students and Rs 10,000 for ITI students in two installments every year.

The financial assistance under this scheme will be extended to all children in a family irrespective of their number.

Andhra Pradesh saves Rs 2,350 crore in power purchases in 2 years

Andhra Pradeshhas saved around Rs 2,350 crore by purchasing electricity in spot markets at cost effective prices in the last two years, i.e., 201920 and 202021.

Thepower utilitiesprocured 3,393 million units in 2019-20 and 8,890 MU in 2020-21 from the open market at cheaper prices.

The Average cost of procurement, including transmission charges, was Rs 3.12 per unit against the approved weighted average procurement cost of Rs 4.55/unit.

The had persuaded theUnion ministry of powerto surrender the 625 MW thermal

power, which helped the AP discoms to reduce their financial burden to the tune of Rs 1,007 crore.

The central power grid used to collect central transmission utility point of connection charges from the discoms on the anticipated usage on a quarterly basis in the past. Due to the same, the utilities had to pay higher charges to the central grid. In response to the protest of the AP energy department, the CERC has changed the methodology, resulting in Savings of Rs 350 crore in last two years.

IIM Vizag to host sustainability conclave on April 20

TheNational Productivity Councilof the Union ministry of commerce and and Indian Institute Of Management Visakhapatnam will organise the Sustainability Conclave on Productivity and Green Growth atIIM Visakhapatnamon April 20.Indian Potash Limited(IPL) is supporting the conclave as an industry partner.

The Union Government committed to reach its non-fossil energy capacity to 500 GW by 2030 and ultimately achieve net zero emissions by 2070. “Lifestyle for Environment or LiFE, as declared by Prime Minister

Narendra Modi in Glasgow on the sidelines of COP26, is indicative of all-inclusive green growth. According to experts, this can only be possible only through sustainable practices, resource efficiency, and RENEWABLE ENERGY sources.

Green growth envisions a future with environmentally sustainable and equitable economic growth, resource security, healthy environment, and restored Ecosystems with rich ECOLOGY and Biodiversity. According to experts, productivity and green growth issues are highly relevant to the state of Andhra Pradesh.

Andhra Pradesh farmers get Rs 128 crore in zero-interest loans

Chief minister YS Jagan Mohan Reddy on Tuesday credited Rs 128.47 crore directly into the accounts of 6,27,906 farmers under YSR Zero-Interest Crop Loan Scheme for 2019-20 Rabi season.

The loans were paid to those who availed loans up to Rs 1 lakh in the previous season

and repaid them in the stipulated time.

Since the government came to power in June 2019, a total of Rs 1,132 crore was paid to 61,22,585 farmers under the zero-interest subsidy scheme. He urged the farmers to get enrolled under the e-crop Database for availing interest subvention from June 2021.

The chief minister said that the government has been providing nine hours of free electricity to the farmers during the day benefiting over

18.78 lakh farmers by spending Rs 8,800 crore annually. Through this scheme, each farmer will be saving a minimum of Rs 46,000 every year. The has completed the capacity building of feeders to provide free power to farmers with a cost of Rs 1,700 crore.

Andhra Pradesh: Textiles minister launches Apco catalogue

Stating that Apco management’s decision to enter into the wholesale market is a big leap to make its mark on the national and international footprint, industries, handlooms andtextiles ministerMekapati Gautam Reddy observed that it would help weavers grab a big market share across

the country.

He said Apco’s innovative Marketing strategies will make it the destination for handlooms. He said the Apco management has done a commendable job by launching a special operation to capture wholesale business at the national level.

Mekapati said handloom workers would get full-time EMPLOYMENT if the marketing of handloom textiles is promoted with the support of wholesale markets.

Action plan to connect industry and polytechnics

The director said the is playing a proactive role to bridge the gap between the Industry and polytechnic institutions.

She said all diploma holders should be ready with employable skills by the time they leave institutions.

In a big

initiative to strengthen the academia and industry collaboration, theDepartment of Technical Educationorganised an orientation programme atAcharya Nagarjuna Universityon Monday. Principals and Training and Placement Officers (TPOs) of all government and private polytechnics in the state attended the session.

Andhra Pradesh sets national record by giving 13.2 lakh Covid-19 vaccines

Andhra Pradeshachieved a major milestone in its Covid-19 vaccination effort by administering jabs to more than 13.2 lakh people in the mega vaccination drive conducted.

This is the highest-ever single-day vaccination total not only for Andhra Pradesh, but for any state

in the country, since the roll out of the mass inoculation drive for the healthcare workers in the first phase on January 16.

Apart from the 45+ age group, special focus has been laid on vaccinating mothers having kids aged below five years on

Sunday. The Covid-19 Paediatric Task Force has earlier recommended preferential vaccination to mothers as they may have to accompany the Covid-19 positive kids during their hospitalisation.

State gradually warming up to cell energy storage projects

Andhra Pradeshis gradually embracing suitable battery energy storage systems (BESS) in Conjunction with the solar, wind, and solar-wind hybrid projects. The recentreport on need for advanced chemistry cell energy storage in India has stressed on the need for cell energy storage projects as the projected substantial Growth may warrant gigascale manufacturing capacity in the coming years.

Three energy storage projects of Andhra Pradesh are in various stages of execution. Energy storage systems enable storage of surplus energy generated and provide the stored energy for use whenever required.

As per the NITI

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Aayogs report, battery demand is expected to rise to 260 gigawatt hours (GWh) in the accelerated scenario. This would require nearly 26 gigafactories with an Average advanced battery production capacity of 10 GWh per year.

AP sets up special cell to tackle climate change

In a move to address the issues related to environmental change, the has decided to create aClimate Change Cellin the Environment, Forest,Science and Technology(EFST) Department. The cell will study Climate-change”>Climate Change issues through Ecosystem based Approach (EbA) on par with Indias National Action Plan On Climate Change and paving the way to effectively tackle the global challenge

of climate change.

The cell will liaise

with external funding agencies of the Union Government to identify projects and schemes for implementation of the Climate Change State Action Plan.

The Climate Change Cell in the EFS&T Department will develop mechanism forInter-Departmentalcoordination so as to have periodic interactions with stakeholder line departments such as Agriculture-notes-for-state-psc-exams”>Agriculture, Health, Industry, energy, housing and urban development, animal Resources development, commerce and transport, and others.

The cell will also interact and coordinate with other state governments, different regulatory authorities, R&D institutions, NGOs including interaction with the international institutions for exchange of information on climate change issues and bring best practices to the state.