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Cabinet approves demerger and transfer of surplus land from TCL to HPIL

The Union Cabinet chaired by Prime Minister Shri Narendra Modi has approved the transfer of administrative control of Hemisphere Properties India Ltd. (HPIL), PSU from the Department of Telecommunications (DoT) to the Ministry of Housing and Urban Affairs (MoHUA) after infusion of equity amounting to Rs. 700 crore and Rs. 51 cr. secured GOI Loan into the Company and implementation of scheme of arrangement for de-merger of surplus land. Details: Infusion of equity amounting to Rs 700 Crores into Hemisphere Properties India Ltd. (HPIL) the Company for acquisition of 70 Crore Cumulative Redeemable Preference Shares of Rs. 10/- each at par on private placement basis and Rs. 51 cr. through secured Loan from GOI at coupon rate/ interest rate to be fixed by the Department of Economic Affairs and to implement the scheme of arrangement. b) Granting an exemption to HPIL from the policy of Government of India relating to Foreign Direct Investment in real estate business. c) Delegation of power to HPIL to take appropriate decision to give effect to object clause of its MOA including sale, long term lease and disposal of land d) Transfer of equity stake and management control of HPIL from Department of Telecommunications under Ministry of Communications to Ministry of Housing and Urban Affairs (MoHUA). e) Authorizing Department of Telecommunications (DoT) to undertake all steps incidental for transfer of equity stake in HPIL from Ministry of Communications to the Ministry of Housing and Urban Affairs (MoHUA) infusion of equity and implementation of Scheme of Arrangement. Benefits: It would facilitate demerger of surplus land from Tata Communications Limited to Hemisphere Properties India Limited (HPIL) and further smooth functioning of HPIL. Implementation Strategy and Targets: After due approval of this proposal by the Cabinet, surplus land would be transferred from TCL to HPIL on payment of Stamp Duty. As intimated by the TCL, approximately seven to eight months would be required for the approval of Scheme of Arrangement by National Company Law Tribunal (NCLT). After its approval by NCLT, approximately four to five months would be required to implement various steps involved. Overall, approximately one year would be required to implement the decision. Background: M/s Videsh Sanchar Nigam Limited [now Tata Communications Ltd. (TCL)] was disinvested on 13th February 2002 by Govt. of India and management control of the company was passed on to the Strategic Partner, namely, M/s Panatone Finvest Limited (PFL), a special purpose vehicle under the Tata Groups of Companies. At the time of disinvestment, surplus land measuring 773.13 acres located at five locations in 4 cities, namely, Pune, Kolkata, New Delhi and Chennai (out of a total of 1230.13 acres of land) was demarcated and decided that the surplus land will not be part of the disinvestment bid. As per the Share Holding Agreement / Share Purchase Agreement, PFL undertook an obligation to de-merge or hive off the surplus land into a realty company under Sections 391 to 394 of the Companies Act, 1956.
Deputy PM and Minister for Finance of Singapore Mr. Heng Swee Keat calls on PM

Deputy Prime Minister and Minister for Finance of Singapore Mr. Heng Swee Keat called on Prime Minister Shri Narendra Modi earlier today. Deputy Prime Minister Keat conveyed regards of Prime Minister Lee Hsien Loong and Minister Emeritus Goh Chok Tong. Prime Minister Modi recalled his productive meetings with them and requested Deputy Prime Minister Keat to convey his best wishes to them. Prime Minister Modi also expressed his appreciation for the participation of Prime Minister Lee Hsien Loong in the special event to commemorate the 150th birth anniversary of Mahatma Gandhi at the United Nations in New York last month. Deputy Prime Minister Keat pointed to the transformative steps taken by Government of India, and noted the consequent enhancement in investment opportunities, particularly in India’s infrastructure sector. He also highlighted the increasing cooperation between India and Singapore in the technology sector, including FinTech. Prime Minister Modi expressed happiness at growing investment and trade relations between the two countries. He stated that the launch of RuPay Card and BHIM app in Singapore has greatly enhanced the ease of financial transactions. He also noted the successful organization of the second Joint Hackathon in Chennai with participation of Singaporean students. He highlighted that all these developments symbolizes the close community, business and innovation partnership between the two countries.
Cabinet condoles death of former President Dr. A P J Abdul Kalam

The Union Cabinet has expressed profound sorrow at the sad demise of former President of India, Dr. A. P. J. Abdul Kalam. In a resolution passed at a special Cabinet Meeting this morning, it said, “in his passing away the country has lost a visionary scientist, a true nationalist and a great son”. The Cabinet met under the Chairmanship of Prime Minister, Shri Narendra Modi and extended its heart-felt condolences to the bereaved family on behalf of the Government and the entire Nation. The former President breathed his last at Bethany Hospital, Shillong, Meghalaya on 27th July, 2015. The following is the text of the Resolution:- “Born on 15th October, 1931 at Rameswaram in Tamil Nadu, Dr. Avul Pakir Jainulabdeen Abdul Kalam, specialized in Aeronautical Engineering from Madras Institute of Technology. Dr. Kalam made significant contribution in developing India’s first indigenous Satellite Launch Vehicle and made India an exclusive member of Space Club. Popularly known as the “Missile Man of India’, Dr. Kalam was responsible for the development and operationalisation of AGNI and PRITHVI Missiles. He gave thrust to self-reliance in defence systems by introducing Light Combat Aircraft. Dr. Kalam was the Scientific Adviser to Defence Minister and Secretary, Department of Defence Research & Development Organisation (DRDO) during 1992-99. During this period, strategic missile systems were developed and the Pokhran-II nuclear tests were conducted. Dr. Kalam had served as the Principal Scientific Advisor to the Government of India, from 1999 to 2001 and was responsible for evolving policies, strategies and missions for many development applications and piloted India Millennium Mission 2020. In his literary pursuit, Dr. Kalam’s books – “Wings of Fire”, “India 2020 -A Vision for the New Millennium”, “My journey” and “Ignited Minds -Unleashing the power within India” became household names in India and abroad. Dr. Kalam was passionate about transforming society through technology, in particular by inspiring the youth of India to harness science and technology for human welfare. Dr. Kalam was the recipient of many national and international awards including honorary doctorates from 48 Universities from India and abroad. He received the country’s highest civilian Award “Bharat Ratna” in the year 1997. Eventually, from a very humble beginning, he rose to the highest office of the Country and served as the 11th President of India from 2002 to 2007. During his tenure, he was affectionately known as the People’s President.”
Two Groups of Secretaries present ideas and suggestions to PM

As a follow-up to Prime Minister’s exhortation to Secretaries to come up with ideas for transformative change in various areas of governance, two Groups of Secretaries presented their ideas and suggestions on (a) Innovative Budgeting and Effective Implementation (b) Swachh Bharat and Ganga Rejuvenation, to the Prime Minister, Shri Narendra Modi. Union Ministers Shri Rajnath Singh, Shri Arun Jaitley, Smt. Sushma Swaraj, Shri Nitin Gadkari, and Shri Manohar Parrikar, besides all Secretaries to the Government of India were present. During and after the presentation, several members of the audience, including the Prime Minister and Union Ministers asked questions related to the theme of the presentation, and gave their suggestions. Earlier, on the 12th January, the first group, on Energy Conservation and Efficiency, had made its presentation.
PM addresses Uttar Pradesh Investors’ Summit 2018

The Prime Minister, Shri Narendra Modi, today delivered the inaugural address at the Uttar Pradesh Investors’ Summit – 2018. He said that when change happens, it becomes apparent for all to see. He added that the organization of such a big investors’ summit in Uttar Pradesh, with the participation of so many investors, is itself indicative of change. He congratulated the State for establishing itself on the path of development and prosperity in such a short timeframe. He said the State is blessed with an abundance of resources and capabilities. He noted its strengths in agriculture. He complimented the Government of Chief Minister Yogi Adityanath, for changing the negative atmosphere in the State, to one of positivity and hope. He said the State is making appropriate policies for various sectors. He said the State Government is serious about fulfilling the promises made to farmers, women and youth. He said the State is working on a “One District, One Product” scheme. He said the Union Government’s schemes such as Skill India Mission, Stand Up India, Start Up India and Pradhan Mantri Mudra Yojana, will prove useful in implementing the “One District, One Product” scheme. He said the Union Government’s Pradhan Mantri Kisan Sampada Scheme would help reduce wastage in the agriculture sector. He said the State had immense potential in ethanol production, due to large sugarcane cultivation. The Prime Minister said a defence industrial corridor would be established in Uttar Pradesh, and would help in development of the Bundelkhand region. The Prime Minister said that the Kumbh Mela to be organized next year at Prayag, would be the largest such event of its kind in the world.
PM to address programme marking Vigilance Awareness Week on 3rd November

PM to launch new Complaint Management System portal of CVC Portal to provide end to end information to citizens through regular updates on the status of their complaints Prime Minister Shri Narendra Modi will address programme marking Vigilance Awareness Week of Central Vigilance Commission (CVC) on 3rd November at 11 AM in Vigyan Bhawan, New Delhi. On the occasion, Prime Minister will launch the new Complaint Management System portal of the CVC. The portal is envisioned to provide end to end information to the citizens through regular updates on the status of their complaints. He will also release a series of pictorial booklets on “Ethics and Good Practices”; Compilation of best practices on “Preventive Vigilance” and Special issue “VIGEYE-VANI” on public procurement. CVC observes Vigilance Awareness Week every year to bring together all stakeholders in spreading the message of integrity in all spheres of life. This year, It is being observed from 31st October to 6th November with the following theme “Corruption free India for a developed nation”. Prime Minister will also award prizes to five students who wrote best essays during a nationwide essay competition conducted by CVC on the above theme of Vigilance Awareness Week.
Shri Tridandi Srimannarayana Ramanuja Chinna Jeeyar Swamiji calls on PM

Shri Tridandi Srimannarayana Ramanuja Chinna Jeeyar Swamiji called on Prime Minister Shri Narendra Modi, today. Swamiji briefed the Prime Minister about the proposed programme to celebrate the 1000th birth anniversary of Ramanuja Charya Swami in the year 2017, and installation of 216 foot metal statue of Ramanuja Charya Swami in Hyderabad on the occasion. Ramanuja Charya Swami was a great spiritual icon born in 1017 AD.
Cabinet approves agreement between India and Belarus on Scientific and Technological Cooperation for mutual benefit in the areas of science, technology, agriculture, etc

The Union Cabinet chaired by the Prime Minister Narendra Modi has been apprised of the Agreement between the Indian National Science Academy (INSA) and the National Academy of Sciences of Belarus (NASB) on Scientific and Technological Cooperation for mutual benefit in the areas of science, technology, agriculture, etc. The Agreement was exchanged on 12th September, 2017 at New Delhi during the visit of Belarus President H.E. Mr. Alexander Lukashenko. The Agreement is aimed at identifying, assessing, developing and commercializing globally competitive technologies from India and Belarus. It will support institutions in both countries by way of research, technology transfers, exchange of visits and joint workshops leading to scientific and economic benefit.
The South Asian Satellite – Some highlights

• Space diplomacy has touched new heights with Prime Minister Narendra Modi’s unique gift in the sky to South Asian neighbours. • The gift of a communications satellite for use by neighbours at no cost has perhaps no precedent worldwide. • The satellite, which weighs over 2 tonnes, has been fabricated in three years at a cost of over Rs. 230 crore. • Its footprint that extends all over South Asia. • The South Asia Satellite has 12 Ku band transponders which India’s neighbours can utilise to increase communications. • Each country will get access to at least one transponder through which they could beam their own programming. The satellite will facilitate DTH television, VSAT links, tele-education, telemedicine and disaster management support. It will provide critical communication links in times of disasters such as earthquakes, cyclones, floods, and tsunamis. • Heads of Government from all the seven South Asian nations who are benefiting from the satellite, connected via video conference, in a unique celebration of the successful launch.
PM attends 350th birth anniversary celebrations of Shri Guru Gobind Singh Ji

The Prime Minister, Shri Narendra Modi, today attended the 350th birth anniversary celebrations of Shri Guru Gobind Singh Ji Maharaj in Patna. A commemorative postage stamp was released to mark the occasion. Speaking at the event, the Prime Minister said that the world should know how Guru Gobind Singh ji has inspired so many people. He said that Guru Gobind Singh ji put knowledge at the core of his teachings and inspired so many people through his thoughts and ideals. In addition to his valour, there are other aspects about Guru Gobind Singh ji’s personality that are admirable, the Prime Minister said, adding that Guru Gobind Singh ji did not believe in any form of social discrimination and he treated everyone equally. The Prime Minister spoke of his appreciation of the Chief Minister of Bihar, Shri Nitish Kumar, for the effort undertaken by him to save future generations from alcoholism. The Prime Minister asserted that Bihar will play a major role in the development of the nation.
PM’s address to students at Siddaganga Mutt

PM: Today is Mangal-Parv – Celebration of the success of Mangalyaan. (Mars Orbiter Mission) The Prime Minister visited the Siddaganga Mutt at Tumkur today, and received the blessings of Sri Shivakumar Swamy ji. Addressing students of the Mutt, the Prime Minister described the day as “Mangal-Parv” due to the success of Mangalyaan – “Mars Orbiter Mission.” He urged the gathering to give a standing ovation for India’s space scientists who had accomplished this mission in the first attempt. The Prime Minister urged students to devote one hundred hours every year towards Swachh Bharat, and pledge that that they will work towards a clean India. Praising the saints, rishis and munis of India, the Prime Minister referred to the donation of Rs. 25 lakhs from the Siddaganga Mutt for the Prime Minister’s National Relief Fund, for the assistance of flood-affected people of Jammu and Kashmir. He said this was a shining example of our spirit of unity and national integration. The Prime Minister urged the students and scholars of Sanskrit present in the gathering to spread the message and knowledge of India’s ancient Shastras, among all people.
PM pays homage to Swami Vivekananda on his Nirvan Diwas

The Prime Minister, Shri Narendra Modi, has paid homage to Swami Vivekananda on his Nirvan Diwas. The Prime Minister tweeted: “I bow to Swami Vivekananda on his Nirvan Diwas. His thoughts & ideals remain an inspiration for everyone devoted to serving our nation. Swami Vivekananda conquered the entire world with his life & message. Best tribute to him would be to imbibe his ideals in our daily lives.”
PM congratulates Indian contingent for the excellent performance in Asian Games 2018

The Prime Minister, Shri Narendra Modi has congratulated Indian contingent for their excellent performance in Asian Games 2018. “As the Asian Games 2018 come to a close, I once again congratulate the Indian contingent for their excellent performance. The 2018 Games have been the best for India in the history of the Asian Games. Every athlete who took part in the Games is India’s pride. During the Asian Games 2018, we consolidated our position in events where we have historically been strong and won laurels in those games in which we have not won much previously. This is an extremely positive sign and it augurs well for Indian sports. I salute the coaches, support staff, parents, family and friends of the athletes. Thank you for constantly supporting our champions. My best wishes to all our athletes for their future endeavours. Congratulations to President Joko Widodo and the people of Indonesia for hosting such a memorable Asian Games 2018. These games witnessed great performances by the athletes and wonderfully manifested the spirit of sportsmanship”, the Prime Minister said in a series of tweets.
PM to inaugurate new metro line on December 25, reducing travel time between Noida and South Delhi

The Prime Minister, Shri Narendra Modi, will inaugurate a stretch of the new Magenta line of the Delhi Metro on 25th December. The line connects Botanical Garden in Noida with Kalkaji Mandir in Delhi. It will significantly reduce travel time between Noida and South Delhi. On this occasion, the Prime Minister will also address a public meeting in Noida. The new line represents one more link in the Union Government’s push to modernize urban transport in the country. It represents the drive towards technology-centric, and environment-friendly mass rapid urban transport systems. This is the third metro line to be inaugurated by the Prime Minister in 2017. He had earlier dedicated the Kochi Metro to the nation in June, and the Hyderabad Metro in November. As on both those occasions, the Prime Minister will travel on a stretch of this new line, before arriving at the venue of the public meeting. Shri Narendra Modi has often used the metro to travel for engagements in the National Capital Region. In January 2016, the Prime Minister, and the then French President Francois Hollande travelled from Delhi to Gurgaon, to jointly lay the foundation stone of the Headquarters of the International Solar Alliance. More recently, in April 2017, the Prime Minister, and the Australian Prime Minister Malcolm Turnbull travelled by metro to the Akshardham Temple. In keeping with the objective of enhancing connectivity through mass rapid transit systems, the Union Government has launched nine metro projects covering a stretch of nearly 165 kilometers over the past three and a half years. Five new Metro Rail Projects covering a total length of over 140 kilometers have been approved. Metro Lines of around 250 kilometer length are proposed to be commissioned over the next two years.
Cabinet approves MoU between India and Equatorial Guinea for Cooperation in the field of Traditional Systems of Medicine

The Union Cabinet Chaired by Prime Minister Shri Narendra Modi has given its ex-post facto approval to the Memorandum of Understanding (MoU) between India and Equatorial Guinea for Cooperation in the field of Traditional Systems of Medicine. The MoU was signed on 8th April, 2018. The MoU will enhance bilateral cooperation between the two countries in the areas of Traditional Systems of Medicine. The financial resources necessary to conduct research, training courses, conferences/ meetings and deputations of experts will be met from the existing allocated budget and existing plan schemes of Ministry of AYUSH. Background: The Traditional Systems of Medicine in India are well organized, codified and well documented comprised of Ayurveda, Yoga & Naturopathy, Unani, Siddha, Sowa Rigpa and Homoeopathy. These systems hold tremendous potential in the global health scenario. The Ministry of AYUSH having the mandate to promote, propagate and globalize these Traditional Systems has taken effective steps by entering into MoU with Malaysia,Trinidad & Tobago, Hungry, Bangladesh, Nepal, Mauritius, Mongolia, Iran and Sao Tome & Principe for cooperation in the field of Traditional Medicine.
PM condoles demise of Dr.Temsüla Ao

The Prime Minister, Shri Narendra Modi has expressed deep grief on the passing away of Dr. Temsüla Ao who played a pivotal role in popularising the wonderful Naga culture through her literary works. The Prime Minister tweeted; “Saddened by the passing away of Dr. Temsüla Ao, who played a pivotal role in popularising the wonderful Naga culture through her literary works. Her efforts in the fields of education and culture were noteworthy. Condolences to her family and friends. May her soul rest in peace.”
PM congratulates ISRO Scientists for successful launch of navigation satellite IRNSS 1C

Prime Minister, Shri Narendra Modi, has congratulated scientists of the Indian Space Research Organization (ISRO) for the successful launch of the navigation satellite “IRNSS 1C” “Congrats to the scientists at ISRO for the successful launch of navigation satellite IRNSS 1C. It is a matter of immense pride and joy,” the Prime Minister said.
PM condoles passing away of Dwarka Sharda Peeth Shankaracharya Swami Swaroopanand Saraswati

The Prime Minister, Shri Narendra Modi has expressed deep grief over the passing away of Dwarka Sharda Peeth Shankaracharya Swami Swaroopanand Saraswati. In a tweet, the Prime Minister said; “à¤¦à¥�à¤µà¤¾à¤°à¤•à¤¾ à¤¶à¤¾à¤°à¤¦à¤¾ à¤ªà¥€à¤ à¤•à¥‡ à¤¶à¤‚à¤•à¤°à¤¾à¤šà¤¾à¤°à¥�à¤¯ à¤¸à¥�à¤µà¤¾à¤®à¥€ à¤¸à¥�à¤µà¤°à¥‚à¤ªà¤¾à¤¨à¤‚à¤¦ à¤¸à¤°à¤¸à¥�à¤µà¤¤à¥€ à¤œà¥€ à¤•à¥‡ à¤¨à¤¿à¤§à¤¨ à¤¸à¥‡ à¤…à¤¤à¥�à¤¯à¤‚à¤¤ à¤¦à¥�à¤– à¤¹à¥�à¤† à¤¹à¥ˆà¥¤ à¤¶à¥‹à¤• à¤•à¥‡ à¤‡à¤¸ à¤¸à¤®à¤¯ à¤®à¥‡à¤‚ à¤‰à¤¨à¤•à¥‡ à¤…à¤¨à¥�à¤¯à¤¾à¤¯à¤¿à¤¯à¥‹à¤‚ à¤•à¥‡ à¤ªà¥�à¤°à¤¤à¤¿ à¤®à¥‡à¤°à¥€ à¤¸à¤‚à¤µà¥‡à¤¦à¤¨à¤¾à¤�à¤‚à¥¤ à¤“à¤® à¤¶à¤¾à¤‚à¤¤à¤¿!”