BKU would announce its course of action tomorrow in a press conference

Bharatiya Kisan Union (BKU) has announced to intensify its stir against the unprecedented rise in power rates in Uttar Pradesh. Leader and spokesperson Rakesh Tikait said the agitation would continue till the state provided respite to the people and farmers.

The projects would be finalised and sent for central approval by month-end

The Uttar Pradesh government is preparing a blueprint for 'slum-free cities' in 21 urban centres under the centrally-sponsored Rajiv Awas Yojana (RAY). The projects estimated at Rs 1,000 crore would be finalised and sent for central approval by month-end.

Project spread over 27 acres near posh Gomti Nagar would be completed in phases over next 4-5 years

Realtor Paarth Infrabuild on Wednesday launched a Rs 1,400-crore group housing project in Lucknow. The project spread across 27 acres near the posh Gomti Nagar area would be completed in phases over the next four-five years. About 2,000 residential units would be developed under the project for all categories of buyers ranging from low/middle-end to the upper/premium segment.

Bidding terms allow the developers to utilise coal from these blocks in projects being set up under the now defunct MoU route

The Uttar Pradesh Power Corporation Limited (UPPCL) would bid for the 17 coal blocks on offer by the Centre for the nine proposed thermal-power plants in the state. The bidding terms allow the developers to utilise coal from these blocks in projects being set up under the now defunct memorandum of understanding (MoU) route.

Airlines, hotels and tour operators likely to see a boom in business activities

The ongoing Maha Kumbh Mela in Allahabad is projected to generate about Rs 12,000 crore of revenues and create over 6 lakh job opportunities. Airlines, hotels and tour operators are likely to witness a boom period in their economic activities due to the Maha Kumbh and contribute Rs 12,000 crore revenues to the state coffers in Uttar Pradesh.

Expressing concern over 50 per cent rise in power tariff in Uttar Pradesh, the Associated Chambers of Commerce and Industry of India (Assocham) on Wednesday demanded the rollback claiming it was hurting the margins of small and medium companies.

The hike in power tariff had led to a sharp rise in the cost of production for the micro, small and medium enterprises (MSME) sector as they do not have wherewithal to set up captive turbine for power generation, Asoocham has communicated to Chief Minister Akhilesh Yadav.

The Uttar Pradesh government today announced an agricultural loan waiver worth Rs 1,650 crore, likely to benefit about half a million small and marginal farmers.

Union Steel Minister Beni Prasad Verma on Monday urged the Uttar Pradesh government to expedite the procedures for the lease of iron ore mines in Lalitpur district of Bundelkhand region to the Rashtriya Ispat Nigam Limited (RINL).

“We are confident the state government would soon take positive steps in this direction,” Verma said here. RINL had already applied for the lease of iron ore mines in Lalitpur district for setting up a pellet unit in the region. A P Chaudhary, Nigam chairman and managing director, said the plant would provide direct employment to 500 locals.

UP’s dismal performance on the health front has been sliding further with scams in its NRHM implementation, murders of senior health officials

The public-private partnership (PPP) model will soon permeate the rickety health-sector in Uttar Pradesh. Under the top-down approach, the state government would rollout diagnostic centres at the district headquarters level and percolate to community healthcare centres.

It comes after a gap of eight years succeeding the UP Industrial and Service Sector Investment Policy 2004

The Uttar Pradesh Cabinet, in its pursuit to iron out regional industrial imbalance and attract fresh investment, on Tuesday gave its nod and cleared the New Industrial & Infrastructure Investment Policy 2012. The policy is aimed at ameliorating the ills of traditional industries scattered across the state and energising the micro, small and medium enterprises (MSME) base estimated at over 3 million units.