PM Modi inaugurates Bansagar canal project, lays foundation for Mirzapur medical college

Agencies
July 15, 2018

Mirzapur, Jul 15: Prime Minister Narendra Modi inaugurated the Bansagar canal project and laid the foundation stone for Mirzapur medical college in Uttar Pradesh on Sunday.

Mr. Modi, while addressing a public meeting in Mirzapur after the inauguration, attacked the previous governments headed by Opposition parties, accusing them of neglecting the people and not completing development projects on time.

“Those who are shedding crocodile tears for farmers today should be asked as to why they did not complete irrigation projects which were left incomplete throughout the nation during their tenure,” he said.

“I have had the opportunity to dedicate many projects of development to the public in the past two days and introduce new schemes,” he said, while charging the Opposition parties with “neglecting the people and not completing projects on time”.

Boost to irrigation

Referring to the ambitious Bansagar canal project, he said it would provide a big boost to irrigation in the region.

“Previous governments used to come up with incomplete projects and stall them. You are the people who suffered. Had this project [Bansagar] been completed beforehand, you would have been benefitted by it two decades ago,” he said.

That time it would have cost only ₹300 crore, but now it will cost a whopping ₹3,500 crore due to higher cost of inputs, he said.

This project will provide a big boost to irrigation in the region, according to the government and will be greatly beneficial to the farmers of Mirzapur and Allahabad districts of Uttar Pradesh.

Mr. Modi praised the BJP government in Uttar Pradesh, saying, “Since the time Yogi Adityanath has led the government, the eastern zone is being paid adequate attention for all round development.”

“The area between Vindhya Mountain and Bhagirathi has been a centre of immense potential for centuries,” he said.

‘Govt. visualises a new India’

He said after the time BJP-NDA government assumed office, the development work in Purvanchal has been accelerated and its results can be seen by everyone today.

The Prime Minister said that the NDA government is working hard to improve the lot of farmers and cited the recent increase in minimum support price (MSP) for kharif crops and easy availability of fertilisers.

That day is not very far when farmers will get double their present income, he said.

“Our government visualises a new India that takes full care of the sick, the poor, the children, the youth and the farmers,” he said.

On the second day of his two-day eastern Uttar Pradesh visit, Mr. Modi arrived in Mirzapur — the stronghold of the party’s eastern U.P. ally, the Apna Dal (S), that has considerable influence over the OBC population.

The visit is also seen as a sign of further cementing of the ties between the two NDA partners.

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News Network
November 19,2024

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News Network
November 25,2024

Udupi: Six junior artists from the prequel of Kannada blockbuster film ‘Kantara’ were injured, when the bus they were travelling in overturned in the district, police said on Monday.

According to police, the accident occurred near Jadkal on Sunday night when the mini-bus carrying the crew of the film overturned.

“The incident happened while they were returning to Kollur after completing the shoot at Mudoor in Jadkal. The mini-bus was carrying 20 junior artistes when it met with the accident,” a police officer said.

The injured were rushed to hospitals in Jadkal and Kundapur for treatment, they said.

The Kollur police are investigating the matter.

"The news making rounds is completely false. The Kantara: Chapter 1 team began shooting at 06:00 AM today, and everything is proceeding as normal. A minor accident occurred 20 kilometres away from the shooting location, involving a local bus carrying some members of the Kantara team. However, no injuries were reported," a source close to the production said.

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News Network
November 21,2024

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Shares of Adani Group companies lost about $28 billion in market value in morning trade on Thursday after US prosecutors charged the billionaire chairman of the Indian conglomerate in an alleged bribery and fraud scheme.

Gautam Adani's flagship company Adani Enterprises tumbled 23 per cent, while Adani Ports, Adani Total Gas, Adani Green, Adani Power, Adani Wilmar and Adani Energy Solutions, ACC , Ambuja Cements and NDTV fell between 20 per cent and 90 per cent.

Adani group's 10 listed stocks had a total market capitalisation of about $141 billion at 0534 GMT, compared to $169.08 billion on Tuesday.

US authorities said Adani and seven other defendants, including his nephew Sagar Adani, agreed to pay about $265 million in bribes to Indian government officials to obtain contracts expected to yield $2 billion of profit over 20 years, and develop India's largest solar power plant project.

Adani Green in a statement on Thursday said the US Justice Department had issued a criminal indictment against board members Gautam Adani and Sagar Adani and the Securities and Exchange Commission had issued a civil complaint against them.

The US Justice Department also included Adani Green board member Vneet Jaain in the criminal indictment, it said.

Adani Green's units had decided not to proceed with the proposed US dollar denominated bond offerings due to developments, it added.

"Investors will shy away from Adani Group stocks ... and that's what this sharp selling is signifying," said Saurabh Jain, assistant vice president of retail equities research at SMC Global Securities.

"This could hurt the credibility of the group and maybe borrowing costs will rise," he said.

The indictment comes nearly two years after US shortseller Hindenburg Research alleged that Adani had improperly used tax havens and was involved in stock manipulation, allegations the conglomerate denied.

Also in early Asian trading on Thursday, Adani dollar bonds slumped, with prices down 3c-5c on bonds for Adani Ports and Special Economic Zone. The falls were the largest since the Adani Group came under a short-seller attack in February 2023.

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