Unemployment biggest problem facing country: Gadkari
Nagpur, Jan 4 : Unemployment is the biggest of the major problems facing the country, Union Minister Nitin Gadkari Fiday said, adding that there was a "difference" between employment and jobs.
He was addressing a youth empowerment summit organised by Fortune Foundation here.
Speaking on employment generation, Gadkari said, "To address the problem of unemployment, not everyone can get jobs. Because there is a difference between employment and jobs. There are limitations to jobs and therefore creation of employment is the main part of the financial policy of any government."
"There is a need to think about how to create employment opportunities in rural and urban areas of the country," Gadkari added.
He claimed that the Maharashtra government had managed to create jobs in Vidarbha, particularly Nagpur in the last four years, and cited Multi-modal International Cargo Hub and Airport (MIHAN), the Butibori MIDC area and Nagpur metro rail as examples.
"Chief Minister (Devendra) Fadnavis and I are both from Nagpur and had decided to provide employment to at least 50,000 youths of Vidarbha," he said.
"Accordingly, about 27,000 youths have already got employment opportunities in various ways and the figure will cross 50,000 by next year," Gadkari claimed.
Stressing that electricity, water and roads were required for industries that would generate employment, Gadkari said the state government was working towards it.
He said the state was working towards achieving electricity surplus and was also building Rs 1 lakh crore worth of roads in the Vidarbha region.
Gadkari informed that the Union government will be initiating irrigation works estimated at Rs 1 lakh crore in Maharashtra.
"About Rs 9.5 lakh crore loans have been distributed under Mudra Yojana initiated by the Prime Minister. Besides, Rs 11 lakh crore loan has been distributed in the agriculture sector," he said.
He quoted Mahatma Gandhi and said "we want maximum production with involvement of maximum number of persons".
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Rajnath Singh chairs IGoM meet, urges constant vigil over West Asia crisis
New Delhi (PTI): Defence Minister Rajnath Singh on Thursday emphasised the need for round-the-clock monitoring of the West Asia conflict and called for a calibrated response to deal with any eventuality to ensure that national interests remain protected.
Singh made the comments while chairing a high-level meeting of the Informal Group of Ministers (IGoM) set-up to monitor the situation in West Asia.
The meeting was attended by External Affairs Minister S Jaishankar, Finance Minister Nirmala Sitharaman, Oil Minister Hardeep Singh Puri, Power Minister Manohar Lal, Chemicals and Fertilizers Minister J P Nadda, Consumer Affairs Minister Prahlad Joshi and Minister of Railways, Information and Broadcasting, Electronics and Information Technology Ashwini Vaishnaw.
In view of the "uncertain situation", the defence minister underlined the importance of round-the-clock monitoring of the situation and the need to respond in a calibrated manner to deal with any eventuality, an official readout said.
He stressed on the need to leave no stone unturned to ensure that the people of the country face the minimum effect of the conflict, it said.
It was the second meeting of the IGoM after it was set up last month.
The IGoM was apprised of the measures being taken by the government in the wake of the ongoing West Asia conflict, Singh said on social media.
"We also deliberated upon the next steps to be taken by the government to mitigate any adverse impact arising due to the ongoing conflict," he said.
The defence ministry said in the readout said, "In the meeting, the seven empowered groups of secretaries briefed the IGoM on the steps being taken to tackle the situation."
"The IGoM was apprised about measures undertaken by the Ministry of Finance to address concerns arising due to global trade disruptions and provide relief and support to the industry, especially manufacturing, and bolster investor confidence," it said.
It listed measures including notification issued on Wednesday on full customs duty exemption on 40 critical petrochemical products till June 30.
The ministry also mentioned announcement of a special one-time relief measure for eligible units in SEZs to sell manufactured goods in Domestic Tariff Area (DTA) at concessional customs duty rates to be effective from April 1 to March 31.
It also noted another notification issued by the Department of Revenue clarifying that the provisions of GAAR (General Anti Avoidance Rules) will not be invoked in respect of investments made prior to April 1, 2017.
"These measures will reduce cost pressures on downstream sectors including textiles, packaging and pharmaceuticals, facilitate supply stability in the country and provide requisite clarity for investors contemplating investments in India," the readout said.
Defence Minister Singh appreciated the government's decision to impose a 25 per cent cap on the monthly increase in aviation turbine fuel prices for domestic operations, with effect from April 1.
This step will help protect the people from sudden increase in fares, he said.
The government has accorded highest priority to domestic LPG supply, with refinery production enhanced to fully meet consumption requirements, according to the readout.
"The IGoM was informed that there have been no reports of dry-out at LPG distributorships, and delivery of domestic LPG (liquefied petroleum gas) cylinders continues as per the normal schedule. The temporary supply concerns arose due to instances of hoarding and black marketing, which triggered panic buying in certain areas," it said.
The ministers were informed that strict enforcement action is being undertaken, with raids being carried out across multiple states and Union territories to curb hoarding and black marketing of LPG, the ministry said in the readout.
Action has also been taken against some LPG distributors who engaged in malpractices, it said.
"To support migrant labour and low-consumption households, the government is ensuring adequate availability of 5 kg free trade LPG cylinders, and since March 23, over 4.3 lakh such cylinders have been sold. Special focus is being given to states where demand is higher," it said.
The IGoM was apprised that industrial requirements dependent on commercial LPG are being met, with over 80 per cent of pre-crisis supply levels being maintained to ensure continuity of operations.
"Special meetings have been held with ministries and stakeholders of different industries to understand their demand and meet their needs. Oil PSUs are ensuring continued supply of Auto LPG across the country," the readout noted.
"However, some supply constraints are being faced by private operators due to their procurement challenges, which is why lines are being observed at PSU auto LPG pumps. Wherever the autos are dual feed and can use petrol, they are being encouraged to use petrol," it said.
