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Time of India
30-04-2025
- Business
- Time of India
Telangana ready to spend Rs 15,000 cr on paddy procurement: Uttam
Hyderabad: Irrigation and civil supplies minister N Uttam Kumar Reddy has said the state govt is prepared to spend over 15,000 crore to ensure the smooth and timely procurement of paddy during this yasangi (rabi) season. Uttam Kumar Reddy along with agriculture minister Tummala Nageshwar Rao and principal secretary, civil supplies, DS Chauhan, who held a high-level video conference with all district collectors on Wednesday, termed the paddy procurement programme the most important and prestigious initiative of the govt for the next 15 to 20 days. With a record rabi cultivation spread across 54.89 lakh acres and an estimated output of 127 lakh metric tonnes (LMTs), the state govt has planned to procure nearly 70 LMTs of paddy through an extensive network of 8,381 procurement centres across the state. He informed the officials that over 15,000 crore was being allocated for procurement, including MSP and bonus payments. "We must ensure that once the procurement data from Paddy procurement centres (PPCs) is uploaded, the payment reaches the farmers within 48 hours," he said. As of April 29, over 23 LMTs of paddy had arrived at procurement centres, and 19.60 LMTs were already purchased from around 2.55 lakh farmers. Payments worth 2,289.81 crore have already been credited to farmers' accounts against the MSP value of 4,545.72 crore, with the remaining under process. A bonus amount of 444.20 crore was also being readied. To prevent losses due to weather disturbances, the state govt has been issuing daily rainfall forecasts down to the PPC level at 6:00 am, which must be immediately shared with staff and farmers. Farmers were being advised to use sheds during heatwaves, and ORS sachets were being distributed at PPCs. Meanwhile, the state civil supplies corporation has received international recognition for delivering better services in the public distribution system. The international organization HYM, recognizing the civil supplies department in providing services to the public by adhering to quality standards, has certified the state civil supplies department as meeting international standards and awarded it the ISO certificate.
Boston Globe
31-03-2025
- Business
- Boston Globe
In reversal, developer Thomas O'Brien says he won't challenge Michelle Wu after all
Advertisement A former head of the Boston Redevelopment Authority and one of Boston best-known developers, O'Brien is the founding partner of The HYM Investment Group, a firm behind some of the city's largest and most complicated projects. HYM played key roles in the development of Boston Landing in Brighton and the NorthPoint campus on the Boston-Cambridge-Somerville line. The firm currently has approvals to build 10,000 units of housing at Suffolk Downs, a former horse-racing track straddling the East Boston-Revere line, as well as major projects downtown and in Roxbury. 'My commitment to Boston remains unwavering,' O'Brien's statement said. 'I'll keep working to make our city a more affordable, inclusive and vibrant place to live, work and thrive — and I look forward to partnering with Mayor Wu, her administration and others to help achieve that vision.' Advertisement O'Brien had been planning an announcement for some time this week, at an event in East Boston, and sources who had discussed the race with him said he planned to focus on immigration, housing, and other issues key to Boston's future. An O'Brien candidacy would have posed a serious challenge for Kraft, as both have close ties in a business community that has grown skeptical of Wu. In Boston mayoral elections, the top two finishers in a September preliminary election advance to a runoff in November. Boston Mayor Michelle Wu gives the State of the City address on March 19. Brett Phelps for The Boston Globe Now Kraft, who entered the race in February, Wu is expected to formally kick off her reelection campaign this Saturday in the South End. Kraft officially launched his bid to unseat Wu on Feb. 4 after more than a year of speculation as to whether he would challenge her. Kraft is well known in Boston's civic and business circles, particularly for his time leading the Boys & Girls Club. Kraft came out swinging at Wu right out of the gate, criticizing her over stalled housing development in the city, her push to install bike and bus lanes around Boston, and her controversial move to redevelop Franklin Park's White Stadium for Boston Public Schools students with a new professional women's soccer team. Wu countered that Kraft, who only recently moved within the city's boundaries in the fall of 2023, would not be the right fit to lead Boston. Advertisement Josh Kraft is challenging Boston Mayor Michelle Wu in this fall's election. Jonathan Wiggs/Globe Staff Wu has also been Kraft has raised nearly $567,000 in contributions from early February through March 21, according to state campaign finance data. Wu has a little less than $1.8 million in cash on hand, according to her most recent campaign finance report from the start of March. Check back soon for more on this developing story. Catherine Carlock can be reached at
Boston Globe
28-03-2025
- Politics
- Boston Globe
Now there's three: Developer Thomas O'Brien set to enter Boston mayoral race, sources say.
O'Brien, 61, is making the announcement with his wife Tricia and some of his children — who are all adopted from Colombia, Ecuador, Guatemala, and Ethiopia, according to people briefed on his plans. O'Brien chose East Boston, a neighborhood that has been dubbed Boston's Ellis Island for its rich history of welcoming immigrants. He also spent years in the neighborhood building community support for Suffolk Downs project. O'Brien has assembled a team of senior advisors and has a poll in the field asking about issues such as residential property taxes, Boston Public Schools, and fiscal spending. Advertisement O'Brien will be Wu's second notable Democratic challenger in this year's mayoral race, after Related : Like Kraft, O'Brien is well known in Boston's civic and business arenas, though neither have held elected office before. O'Brien grew up in Scituate and Andover and now lives in downtown Boston. His brother, There will be a preliminary round of voting in September, with the two highest vote-getters advancing to a runoff in November. In 1997, Thomas O'Brien (second from left) was director of the then-Boston Redevelopment Authority, helping Mayor Thomas Menino to plan what would become the Seaport. BLANDING, John GLOBE STAFF O'Brien and Kraft both have ties to Boston's business community and would likely be battling for similar contingents of voters: residents who are dissatisfied with Wu's leadership of the city, and have concerns about slowed housing development, longstanding challenges in Boston Public Schools, and her management of the city's budget. But O'Brien's decision to jump into the race could be an indication he senses vulnerabilities in the Kraft campaign. Advertisement Wu has been enjoying a groundswell of political support after She went on to take a victory lap in her But deep frustration with Wu has been building among the city's powerful real estate industry — over her increasing affordable housing requirements and green housing codes for new buildings, as well as her yearlong battle to Many in the real estate industry earlier this month expressed surprise that O'Brien would considering a campaign against Wu. HYM has active projects before the city right now, and the Wu administration has frequently called on O'Brien to support its policy initiatives that have been unpopular amongst developers. Related : Advertisement HYM, which O'Brien founded, is an influential real estate development firm that has shepherded some of the city's most high-profile, complex projects through Boston's oft-bemoaned development review process. HYM partnered with NB Development Group, the real estate arm of footwear giant New Balance, in developing the nearly 2 million-square-foot mixed-use Boston Landing campus on the Allston/Brighton border, and also kicked off the 45-acre former NorthPoint development — now called Cambridge Crossing — in Cambridge, Somerville, and Boston. Thomas O'Brien in the Seaport in 2019. David L. Ryan/Globe Staff As part of a decade-long re-do of the old Government Center Garage, HYM also developed the dual skyscrapers just outside Boston's City Hall: the State Street Corp. headquarters at One Congress and luxury condominium tower The Sudbury, where the O'Briens own a unit. O'Brien recently was credited with directing affordable housing funding from The Sudbury to But many HYM projects are in varying states of delay at the moment, amid financing challenges and a difficult building environment. Work at Suffolk Downs, Niki Griswold can be reached at
