Ministries such as road transport and heavy industries are learnt to have objected to NITI Aayog's attempts to become an implementing body for the EV programme.
From a high-profile civil aviation ministry to a relatively low-key Ministry of Heavy Industries and Public Enterprises, Praful Patel is currently busy in launching a multi-pronged strategy for making public sector enterprises globally competitive.
The reshuffle could take place before the start of the winter session of Parliament.
Four companies - Rajesh Exports, Hyundai Global Motors Company, Ola Electric Mobility and Reliance New Energy - are eligible for receiving benefits under the production-linked incentive (PLI) scheme for advanced chemistry cell battery storage, the heavy industries ministry said on Thursday. The allotment was made for a total of 50 GWh of battery capacity to the four successful bidders. These firms, the ministry said, will receive incentives under India's Rs 18,100 crore programme to boost local battery cell production.
His political career began with his involvement in the Rashtriya Swayamsevak Sangh and he later became a member of the Shiv Sena.
Tata Motors, the market leader in electric four-wheeler space, has sought incentives for its Tiago EV under the government's production-linked incentive (PLI) scheme, group chief financial officer P B Balaji said on Tuesday. The Mumbai-headquartered firm has applied for all variants of the Tiago, which recently hit a sales milestone of 10,000 units. "The Automotive Research Association of India certification is done.
At the peak of the slowdown in December 2008, the government had announced a 4 per cent across the board cut in CENVAT that helped in reducing prices and spurred demand. Besides, the states were encouraged to buy more buses for urban transport under the Jawaharlal Nehru National Urban Renewal Mission to give a fillip to the battered commercial vehicles segment.
'Heavy rains are not the primary reason for landslides in Wayanad.' 'There are all sorts of (human) intervention going on in that area.'
Heavy Industries Minister Praful Patel said Scooters India could be considered for complete privatisation
Far more important than governance is to ensure how different states get necessary representation a'The pressure to expand the council of ministers will come from states where the BJP has formed a government after ousting the Congress,' predicts A K Bhattacharya.
The government has initiated the process of selling all its holding in Maruti Udyog Limited to raise more than Rs 2500 crore (Rs 25 billion).
RIL subsidiary Reliance New Energy Solar, Ola Electric, Hyundai Global Motors Company and Rajesh Exports have been approved for receiving incentives under the Rs 18,100 crore Production Linked Incentive (PLI) scheme for battery manufacturing in India, sources said on Thursday. "The ministry had received bids from 10 companies with a capacity of 130 GWh. Reliance, Ola Electric, Hyundai and Rajesh Exports have qualified for ACC batteries," a source said. Other companies which had applied for the PLI scheme for Advanced Chemistry Cell (ACC) batteries were Lucas-TVS, Mahindra & Mahindra, Amara Raja Batteries, Exide Industries, Larsen & Toubro and India Power Corporation Limited.
The RJD strongman, who is yet to take charge as MoS, Heavy Industries Ministry, said he was informed about this by Secretary, Heavy Industries, Naresh Narad.
The senior leader from Assam refused to assume office as Minister of State with independent charge of Heavy Industries Ministry after RJD's Taslimuddin was also appointed as MoS of the same ministry.
Former Maharashtra Chief Minister Vilasrao Deshmukh on Friday took charge of the Ministry of Heavy Industries and Public Enterprises, and said achieving the 100-day target set by Prime Minister Manmohan Singh would be his priority.
'The critical event signalling a new era for India was Dr Singh's 1991 Budget in which he quoted Victor Hugo to say that no power on earth could stop an idea whose time has come,' recalls T N Ninan.
Making it clear that relaxations will not be provided to US-based electric vehicles major Tesla unless it participates in manufacturing activities in India, Union Minister Krishan Pal Gurjar on Tuesday said there cannot be a situation where the market is India but jobs are created in China. The minister of state for heavy industries also told the Lok Sabha during Question Hour that the company is yet to apply for schemes as per the government's policy. Last year, the Elon Musk-led company sought a reduction in import duties on electric vehicles (EVs) in India but the Ministry of Heavy Industries asked the firm to start manufacturing its iconic EVs in the country before any tax concessions can be considered.
Several top political leaders, including Uttar Pradesh Chief Minister Yogi Adityanath and Karnataka Chief Minister B S Yediyurappa, have also tested positive for COVID-19 recently.
The Department of Heavy Industry has been undertaking appraisals of each loss making CPSE to assess the prospects of revival.
By the year 2026, India will be the third in the world after China and USA in engineering, manufacturing and export of vehicles and auto components.
Hybrids have helped Maruti acquire leadership in SUVs, a segment that was never its forte. Toyota has also risen with the hybrid tide to clock its highest-ever annual sales in 2023.
Government's exit from Maruti Udyog Ltd may not happen for sometime now, with the finance minister asking the heavy industries ministry to 'wait for an opportune time' to offload its residual stake in the company.
as the FAME II deadline of March 31, 2024, nears, EV manufacturers are worried about their investments and future plans.
Government officials believe that central bridge projects perform better than state projects due to stricter checks and balances.
The total allocation to the defence sector is 12.9 per cent of the total budget of the government of India for the financial year 2024-25.
The erstwhile divestment commission to be now be replaced by the BRPSE.
Swami Chinmayanand, Kailash Meghwal, Prahlad Singh Patel, Nagmani and P C Thomas were also inducted as ministers of state into the council of ministers.
India can become the number one automotive manufacturing hub in the world within five years, but auto companies need to enhance safety features to reduce deaths due to road accidents, Union Minister Nitin Gadkari said on Thursday. In his inaugural address at the Auto Expo 2023 here, the minister for road transport and highways asserted that the government's target is to reduce these accidents by 50 per cent before the end of 2024 while asking the auto industry to take suo moto action for road safety as the government doesn't want to make anything mandatory. Gadkari's sentiments were also echoed by Minister of Heavy Industries Mahendra Nath Pandey, who lamented that while India has only 1 per cent of the total overall vehicles, the country accounts for 11 per cent of the total global deaths due to road accidents.
A five-judge constitution bench headed by Justice KM Joseph is likely to give its verdict.
Their success or failure will eventually hinge on how much equipment the services procure, and whether the finance ministry supplements the allocations in the Budget
As the government plans no further extension of the scheme beyond FY24, the task is to achieve the unfinished target of subsidising 914,707 EVs.
The department for promotion of industry and internal trade (DPIIT) has suggested to the home ministry to allow limited activity in certain sectors such as heavy electricals and telecom equipment with reasonable safeguards. In a letter to Home Secretary Ajay Kumar Bhalla, the department said that these activities are essential to improve the economic situation and provide liquidity in the hands of the people.
The list is of companies declared sick as on March 31, 2014.
The heavy industries ministry has virtually consented to finance ministry's suggestion for part divestment of government equity in blue-chip PSU Bharat Heavy Electricals Ltd and auto joint venture Maruti Udyog in the current financial year.
Amid the continuing uncertainty over Shiv Sena's participation in the Bharatiya Janata Party-led government in Maharashtra, the party today said two of its MPs would be inducted into the Union Council of Ministers when Prime Minister Narendra Modi expands it on Sunday.
