Latest news with #HemantSharma
Time of India
21-05-2025
- Health
- Time of India
Spot jogging for 10 minutes vs running for 10 minutes: Which is better
Both running and spot jogging are good cardio exercises , with differences in impact, intensity, and advantages. Spot jogging is running in place without progressing forward, whereas running generally implies moving at a constant velocity for a distance. Both, when performed for 10 minutes, can increase heart rate, burn calories, and enhance endurance. Running: Difficulty level According to Dr. Hemant Sharma, Chairman- Orthopaedics & Joint Replacement, Marengo Asia Hospitals Gurugram, 'Running is generally harder as it uses more muscle groups, particularly in the core and legs, because it involves the movement forward and variation in terrain. It also conditions the cardiovascular system better and expends a few more calories compared to spot jogging of the same length. Running outdoors also provides exposure to sunshine and fresh air that may enhance mood and vitamin D levels. ' Spot Jogging: Difficulty level Meanwhile, spot jogging is a more convenient option for individuals who would rather work out indoors or have little space. It's low-impact and safer to do for beginners or injury recoveries. It still serves the purposes of coordination, body warm-up, and calorie burning in a reasonable amount. If you prefer a more intense exercise with greater cardiovascular effect, running is preferable. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Free P2,000 GCash eGift UnionBank Credit Card Apply Now Undo However, if convenience, space, or joint accommodations are of importance to you, spot jogging is an excellent substitute for brief exercise sessions. 1. Cardiovascular impact Running typically provides a higher cardiovascular challenge due to increased forward momentum and terrain variability. It engages more muscle groups and burns more calories in the same time. 2. Joint and bone health As an orthopedic surgeon, I often recommend spot jogging for older adults or individuals with joint concerns, as it has a lower impact on the knees and hips compared to running on hard surfaces. 3. Muscle engagement and balance Running builds better leg strength, endurance, and coordination. Spot jogging, while lighter, can be adapted for beginners, indoor settings, or rehabilitation purposes. 4. Caloric burn estimate • 10 min of running (at moderate pace): ~100–120 kcal • 10 min of spot jogging: ~50–70 kcal Final verdict For overall fitness and weight loss, running is superior. For low-impact activity, warm-ups, or restricted space — spot jogging is a safe and effective option. 10-minute yoga flow for beginners One step to a healthier you—join Times Health+ Yoga and feel the change
Time of India
14-05-2025
- Business
- Time of India
Work on Rs 2,000cr railway coach wheelset plant begins in Khurda dist
Bhubaneswar: Construction of a railway wheelset manufacturing plant has started on 86 acres of land at Haldiapada in Khurda district . The facility, which will be built at an investment of more than Rs 2,000 crore, will be commissioned by plant will produce 1 lakh wheelsets, 2 lakh forged discs, and 1 lakh axles annually, exporting 50% of its production to Europe and America after meeting the requirement of Indian Railways, officials said. The plant is being set up by Jupiter Tatravagonka Railwheel Factory (JTRF), a subsidiary of Jupiter Wagons secretary Hemant Sharma on Wednesday said the state govt has already provided land, and the ground-breaking ceremony was conducted last month in the presence of chief minister Mohan Charan Majhi. "Work has started on the plant. Two more vendors have come in after JTRF started construction work," he sources said it will be a fully automated, green wheelset plant. It will create 3,600 direct and indirect jobs. JTRF will bring world-class rail component manufacturing capabilities to India, with Odisha as its base of operations, they Haldar, chief technology officer, Jupiter Wagons Limited, said the journey began a few months ago when they first engaged with the Invest Odisha team. "With a capacity of 1 lakh wheelsets per annum and over 50% export potential, the project will significantly reduce India's dependency on imports, create high-skilled and indirect employment, and unlock a new era of industrial growth in eastern India," he Haldiapada plant will be a zero-discharge facility powered by rooftop solar energy, utilising clean fuels like LNG and CNG, and equipped with closed-loop water recycling systems. It combines Industry 4.0 technologies with environmental sustainability, setting new standards for future-ready industrial development in India, official sources Majhi said the state is moving beyond its traditional strengths in minerals and raw materials to become a hub for precision manufacturing and global supply chains. "The establishment of a modern railway wheelset facility is a strong indicator of the transformation," he development aligns with India's projected railway freight growth — from 1,500 million tonnes today to over 3,000 million tonnes by 2030.
Bloomberg
09-05-2025
- Business
- Bloomberg
Indian State Eyes $14 Billion Petchem Projects to Cut Imports
The eastern Indian state of Odisha is expecting a 1.2 trillion rupees ($14.1 billion) investment over the next 10 years to build a petrochemical hub near the Bay of Bengal, according to a senior government official. Indian Oil Corp. Ltd., the country's largest refiner by capacity, will invest half of the amount in a naphtha cracker facility, which will help develop a new downstream market for secondary products such as agrochemicals and pharmaceuticals, said Hemant Sharma, additional chief secretary of the state's industries department.
Time of India
25-04-2025
- Business
- Time of India
Odisha govt is offering better compensation to speed up land acquisition: Hemant Sharma
The new government's vision for Odisha's industrial development prioritises job creation, focussing on sectors that can generate maximum employment opportunities, says Hemant Sharma , Additional Chief Secretary, Industries & MSME , Odisha, and Chairman, Industrial Promotion & Investment Corporation of Odisha Limited ( IPICOL ). #Pahalgam Terrorist Attack Pakistan suspends Simla pact: What it means & who's affected What is India's defence muscle if it ever has to attack? Can Pakistan afford a full-scale war with India? In an interaction with ET Digital , Sharma says that the state government is accelerating land acquisition by offering better prices to landowners and streamlining the process. To expedite this, the government is engaging local leaders to build support among villagers for economic growth, which has shown reasonable success so far, notes Sharma. The government has also identified new industrial land locations near the state capital and Jharsuguda to address the growing demand, says Sharma. He also mentions that they are specifically focussing on districts, such as Khurda, Cuttack, Jagatsinghpur, Sundargarh, and Jharsuguda, where industrial investments are concentrated and are taking special care in these areas. Edited excerpts: Play Video Pause Skip Backward Skip Forward Unmute Current Time 0:00 / Duration 0:00 Loaded : 0% 0:00 Stream Type LIVE Seek to live, currently behind live LIVE Remaining Time - 0:00 1x Playback Rate Chapters Chapters Descriptions descriptions off , selected Captions captions settings , opens captions settings dialog captions off , selected Audio Track default , selected Picture-in-Picture Fullscreen This is a modal window. Beginning of dialog window. Escape will cancel and close the window. Text Color White Black Red Green Blue Yellow Magenta Cyan Opacity Opaque Semi-Transparent Text Background Color Black White Red Green Blue Yellow Magenta Cyan Opacity Opaque Semi-Transparent Transparent Caption Area Background Color Black White Red Green Blue Yellow Magenta Cyan Opacity Transparent Semi-Transparent Opaque Font Size 50% 75% 100% 125% 150% 175% 200% 300% 400% Text Edge Style None Raised Depressed Uniform Drop shadow Font Family Proportional Sans-Serif Monospace Sans-Serif Proportional Serif Monospace Serif Casual Script Small Caps Reset restore all settings to the default values Done Close Modal Dialog End of dialog window. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Play War Thunder now for free War Thunder Play Now Undo The Economic Times (ET): What is your vision for Odisha's industrial development? Hemant Sharma (HS): As far as the new government is concerned, the vision for industrial development in Odisha is basically to focus on job creation. First, the government is highly interested in sectors that generate more employment. The second part of our focus is obviously our traditional industry. As a mineral-rich state, we will continue to focus on steel, aluminium, and cement industries, with the government aiming for balanced regional development. Live Events The government wants industries like steel and aluminium to be located near mineral sources, promoting regional development in areas where they are found, rather than in other regions. The government now aims to prioritise industrial development in mineral-rich regions, offering incentives to attract industries to these areas. The third focus area is on new-age industries, including information technology and services sectors like health and tourism, aligning with trends seen in other states. ET: Odisha has conducted several roadshows across India and abroad. But we have seen across the country that not all promised investments or MoUs materialise, as they are often non-binding and susceptible to delays or cancellations due to various factors. How do you ensure the investments promised during these events turn into reality? How many of these promised investments have materialised so far? HS: It's a fact that many times roadshows also lead to non-serious MoUs or non-serious investment intents. So, our focus under the new government has been basically to try and shift out these kinds of cases at the initial stage itself. We welcome participation in our roadshows without restrictions. However, when it comes to signing MoUs or accepting investment proposals, we conduct due diligence to assess the seriousness of investors and our ability to support the project, including providing necessary resources like land, before moving forward. During the Utkarsh Odisha roadshow, we received investment intents worth over Rs 17 lakh crore, accepted over Rs 12 lakh crore, and kept Rs 5 lakh crore for further discussion. The government's strategy is to expedite land acquisition for industries to facilitate early starts, as delays often stem from internal processes rather than investor enthusiasm. The problem sometimes—or, I would say, most of the time—lies with us. If we can't provide the required land in the preferred location on time, investors will likely choose alternative destinations, making it harder to attract investment. After Utkarsh Odisha, we have been working to map available land and conduct field visits for industries over the past 2-3 months. We have made progress and categorised potential sites based on land requirements: up to 100 acres, 100-500 acres, and 500 acres or more. For larger land requirements (over 500 acres), acquisition will take time. However, smaller parcels (100 acres) can be expedited, boosting investor confidence. We have made progress in 100 days, finalising land for 14 out of the 145 signed MoUs. We have handed over land to 14 investors, and they have begun construction. Achieving this in 100 days, especially for about 10% of our MoUs, is a promising start, I would say. We are also working to speed up land acquisition by offering better prices to landowners and streamlining the process. To expedite this, we are trying to run activities in parallel and engaging local leaders to convince villagers of the benefits of economic growth. So far, we have seen reasonable success. Notably, for the naphtha cracker project by Indian Oil Corporation, we have secured over 800 acres out of the required 1,500 acres, with soil testing underway and site development set to begin after the monsoons. Similarly, in our larger investments in Keonjhar, where there is a JSW Group's new steel plant, and also for the expansion of three of our major steel plants in the state, including the ones in Kalinganagar and Angul, we have had reasonable success. We have secured approximately 5,000 acres of land for four major industries over the past three months. ET: We have historically seen that states, including Odisha, face hurdles in land acquisition for industries due to environmental concerns and community displacement, particularly affecting tribal populations. Striking a balance between industrial development and environmental protection while ensuring fair rehabilitation and resettlement of displaced communities is essential. What has the government done so far in this regard? HS: Yes, certainly. So, for instance, we are acquiring 1,500 acres for IOCL at Paradip and simultaneously developing a 200-acre township for three major steel plants, which will serve as Resettlement and Rehabilitation (R&R) colonies. Construction has already begun on ArcelorMittal Nippon Steel India's R&R colony, with JSW's set to start soon. Meanwhile, IOCL doesn't require displacement; still we are constructing a huge complex where there are some LIG housing complexes. To facilitate relocation, people need two key things: fair land prices and attractive rehabilitation packages. The new land acquisition Act allows for better price negotiations. Additionally, developing R&R colonies with amenities like schools, hospitals, and social infrastructure helps reduce resistance by showcasing tangible development benefits. We have identified new locations near the state capital and Jharsuguda to address growing industrial land demand. Given that industrial investments are concentrated in five districts—Khurda, Cuttack, Jagatsinghpur, Sundargarh, and Jharsuguda—we are taking special care in these areas. Our approach includes land pooling, where 55% of the land is reserved for villagers, and prioritising land acquisition that avoids displacing habitations, focussing on areas where homes won't need to be relocated. Our R&R policy is well regarded within the industrial sector, but we need to focus on generating awareness and engaging directly with the people to further improve its impact. ET: Diversifying Odisha's economy through non-mineral sectors, such as manufacturing, IT, and tourism, can reduce its dependence on minerals and metals. What actions is the government taking regarding this? What difference is the government making to compete with other states in the country? HS: Our strengths lie in two key geographical advantages: mineral resources, which attract steel plants, and our ports, which make us an ideal location for chemical and petrochemical industries. We are leveraging these advantages to draw in investments. Why should the IOCL naphtha cracker come to Paradip? Only because of the port's ability to handle liquid cargo, its proximity to shipping lanes for crude oil, and its strategic location near Southeast Asian markets. We are leveraging our coastal advantage to attract non-mineral industries, evident in the trend of large industries setting up near our ports like Gopalpur, Paradip, and Dhamra. Odisha also offers a strong advantage in labour-intensive industries like textiles and food processing due to its availability of skilled workers. Many companies are aware that a significant number of workers from Odisha are already employed in major cities like Pune, Chennai, and Bengaluru, highlighting the state's workforce potential. ET: Fostering industries that prioritise clean technologies and sustainable practices is crucial to long-term environmental sustainability. What is Odisha's industrial policy with respect to sustainability and green goals? HS: Our industrial policy offers extra incentives for industries that adopt environmentally sustainable practices, such as using desalination plants, common effluent treatment plants, or implementing zero liquid discharge systems. We even treat existing industries that upgrade to these measures as new industries, making them eligible for incentives. For MSMEs, which are often driven by incentives, we need to adopt a different approach since they typically face less ESG pressure. To encourage sustainable practices, we offer incentives, such as covering up to 50% of the cost for setting up facilities like Zero Liquid Discharge (ZLD) plants, as seen in our support for rice millers in Odisha. This incentive-driven strategy aims to drive behavioural change among MSMEs. ET: High costs of building and operating cold storage facilities, coupled with frequent rural power outages, hinder smaller farmers and entrepreneurs from participating in value addition, leading to potential losses and disruptions in the cold chain. What's the government's plan for rural agriculturists and entrepreneurs with respect to this? HS: The state government recently introduced a cold storage policy to address shortages of tuber crops like potatoes, driven by rising consumption and production. We have identified 45 locations for private sector-led cold storage projects, offering incentives and investing in external infrastructure. To ensure stable operations, we are allocating land near industrial grids with reliable power supply. This initiative aims to promote cold storage development across the state over the next five years. ET: MSMEs generally face a multitude of challenges related to access to finance, technological adoption, skilled workforce availability, market access, regulatory compliance, infrastructure, raw material procurement, and delayed payments that can negatively impact them. Could you shed light on the policy measures introduced to boost the MSME ecosystem in Odisha? HS: MSMEs often struggle with accessing credit at reasonable rates due to collateral security demands. To address this, our government has introduced a top-up scheme to the existing Credit Guarantee Trust for Micro and Small Enterprises (CGTMSE) initiative by the Government of India. This scheme allows for collateral-free lending up to Rs 10 crore through participating banks and SIDBI, providing much-needed support to MSMEs. We offer a top-up to Government of India schemes, such as CGTMSE, Mudra loans, and PMEGP loans. For instance, if the Centre provides a 0.25% subsidy, we add another 0.25%. Similarly, for working capital assistance, we match the interest rate benefits offered under central schemes. This partnership serves two purposes: it leverages the Centre's schemes, ensuring better scrutiny and reduced paperwork for us, while directly benefiting MSMEs through enhanced financial support. ET: Odisha accounts for over 15% of India's seafood exports, with large-scale fish and shrimp processing hubs. How do you see the US tariffs impacting the state's seafood exports? HS: Seafood export is a very big agenda for us. So, for instance, in general it is in the range of about Rs 4,000-5,000 crore per annum of seafood exports from Odisha. Of which about Rs 1,200 to Rs 1,500 crore, is destined for the US, which is a very big number. ET: Will Odisha's seafood exports be hit by Trump's tariffs? HS: Of course. ET: What are your plans to safeguard the seafood industry? HS: We are in discussion with the seafood exporters association. As of now, the impact of the proposed tariffs remains unclear. While it's clear that tariffs will affect farmers and exporters, we are still finalising policy instruments to mitigate these effects.
