PM Modi's appeal and construction of logistics hub, only action plan made in seven years

PM Modi's appeal and construction of logistics hub, only action plan made in seven years

 After Prime Minister Narendra Modi's appeal to make Madhya Pradesh a logistics hub in the Global Investors' Conference, a detailed action plan was laid by the Madhya Pradesh government at the Global Investors' Summit, Indore in 2014. This also included a proposal to set up a logistics hub at Katni. Then for this it was told to look till the ground in Katni. It would be surprising to know that even after seven years of the Investors Summit, the work of setting up a logistics hub in Katni has remained limited to the preparation of an action plan.

On Tuesday, the officials saw the land for setting up the Logistics Park. During this, DK Havaldar of Warehousing Corporation informed Collector Priyank Mishra about the proposed logistics hub in 85 acres. Told that the work of preparing an action plan for the construction of a multi-media logistics hub in Simra is being done by the Mumbai-based company and the first phase of action has been completed by the company.

Collector Priyank Mishra says that the proposed site was inspected on Tuesday for the construction of a logistics hub. The officials have been told that apart from 85 acres, other nearby land should also be secured now. If the park is constructed in the coming time, then there will be more expansion and in such a situation, work should be done keeping in mind that there should be no shortage of land. Logistic hub is just two km from where it is proposed. The border of Panna district starts from a distance and if the hub is formed then people of Panna district can also come to the park and open their shop. asked to make such arrangements.

Work going on at tortoise pace
- Along with Katni, facilities like cold store to warehouse, railway siding and truck hub were claimed to be provided while making logistic hub at Bina. The logistics hub was set to operate under the Public Private Partnership model.
Madhya Pradesh's Food and Civil Supplies and Consumer Protection Minister Bisahulal Singh had once again talked about the establishment of a world-class multi-modal logistics hub in November 2020.

(with language input)


If oil prices do not come down, the pace of economic recovery will decrease: Hardeep Singh Puri

If oil prices do not come down, the pace of economic recovery will decrease: Hardeep Singh Puri

 India on Wednesday warned the world that if oil prices continue to remain high, the recovery in the global economy may be affected. At the same time, it urged Saudi Arabia and other oil producing countries to take steps to reduce prices and ensure supply. Let us tell you that the prices of petrol and diesel in the country have reached an all-time high. Addressing CeraWeek's India Energy Forum, Petroleum Minister Hardeep Singh Puri said that if fuel prices do not come down, the pace of recovery in the world economy will slow down.

In April last year, during the Corona epidemic, the prices of crude oil in the international market came down to $ 19 per barrel due to the decrease in demand due to the lockdown imposed in most countries of the world. Although the demand for oil increased this year due to rapid vaccination happening all over the world, then crude oil climbed to $ 84 per barrel. Puri said that due to the cost of fuel, there is a possibility of rising inflation. He said the country's oil import bill was $8.8 billion in the June 2020 quarter, which has increased to $24 billion this year. The only reason this happens is because of the cost of oil.

The Petroleum Minister said that the government believes that the availability of fuel should not only be continuous but it should also be affordable. The economic recovery has weakened after the devastating pandemic and is further threatened by high oil prices. India imports about two-thirds of its oil requirement from countries in West Asia. Therefore, it has urged OPEC countries that higher oil prices will lead to a rapid move towards alternative fuels, and in such a situation, these high prices will prove to be harmful for the producers only. Puri said he had raised the issue in the recent meetings with Saudi Arabia, UAE, Kuwait, Qatar, the US, Russia and Bahrain.

Petrol and diesel prices hiked again

Two days later, on Wednesday, once again the prices of petrol and diesel were increased by 35 paise per liter. Thus fuel prices have reached an all-time high across the country. After the increase in prices, the price of petrol has reached a record level of Rs 106.19 per liter in Delhi and Rs 112.11 per liter in Mumbai. Whereas in Mumbai, diesel is getting Rs 102.89 per liter. Whereas in the national capital it costs Rs 94.92 per liter. After the increase of 35 paise per liter in vehicle fuel for four consecutive days, their price was not increased on Monday and Tuesday.

After the increase in prices on Wednesday, the price of petrol in all state capitals has gone up to Rs 100 per liter or more. While diesel has touched the level of hundreds in more than a dozen states. In Goa's capital Panaji and Jharkhand's capital Ranchi also, diesel crossed the Rs 100 per liter mark. The costliest fuel is in the border town of Ganganagar in Rajasthan where petrol is available at Rs 118.23 per liter and diesel at Rs 109.04 per litre. For the first time in the international market, the price of crude oil reached $ 84.43 per barrel on Wednesday. It was priced at $73.92 a barrel a month ago.

(with language input)