Latest news with #Rs26
Time of India
08-05-2025
- Time of India
Karad contractor accused of cheating Chinchwad resident of Rs1.6cr
Pune: The Nigdi police registered a case against a civil contractor from Karad in Satara district for allegedly duping a supplier of earth-moving machines and heavy vehicles from Chinchwad of Rs1.63 contractor took five dumpers and three earth-moving machines on rent from the complainant in Feb last year. He also borrowed money from the complainant to make payments to the drivers and buy diesel. The accused used the vehicles between Feb and Aug last year and did not pay any money to the complainant. When the complainant did not receive money after repeated follow-ups, he approached the Nigdi police and lodged a officer from the Nigdi police said the complainant ran a business of providing dumpers and earth-moving machines on rent. In Feb last year, the accused from Karad contacted him and introduced himself as a govt contractor. He also told the complainant that he had the state govt's contracts for constructing roads and transporting goods, the officer said."The contractor demanded five dumpers and three earth-moving machines on rent against Rs1.85 lakh and Rs1.8 lakh per month, respectively. He promised to pay the salaries of drivers and operators," the officer to the complainant, he sent five dumpers and three earth-moving machines to Karad. After some days, the contractor requested him to send drivers and operators. The suspect also requested him to pay their salaries and promised to reimburse it later."The complainant sent 10 drivers, six operators and two helpers on the salary of Rs26,000 per month. A few days later, the contractor requested the complainant to pay for the diesel too as he was running in a loss," the officer said the contractor used the vehicles and machines for six months. When the complainant sent him a bill of Rs1.63 crore, the accused returned the vehicles and refused to clear the dues claiming that he had suffered a loss."The complainant stated that the suspect was not paying his dues despite getting his bills cleared by the govt. Our investigations are on," he said.
Time of India
07-05-2025
- Politics
- Time of India
Gosikhurd Project's Deadline Pushed To 2027 As Cost Spirals
1 2 Nagpur: The Maharashtra govt has once again extended the deadline for the completion of the long-pending Gosikhurd Indira Sagar Project , now pushing its final timeline to 2027. Chief minister Devendra Fadnavis confirmed to TOI that while all existing works would be wrapped up by Sept 2026, remaining proposed works will follow and conclude by the end of 2027. Earlier, the govt had set a 2025 deadline for the project, launched by former Prime Minister Rajiv Gandhi in 1988 with an original cost estimate of Rs372 crore, has seen repeated delays and is now projected to cost nearly Rs26,000 crore. A revised administrative approval of Rs25,972.69 crore was sanctioned by the Maharashtra Cabinet on April 21, aiming to accelerate the stalled on the Wainganga River in Bhandara district, the multipurpose irrigation project is being executed by the Vidarbha Irrigation Development Corporation (VIDC). Designed to benefit approximately 1.96 lakh hectares of farmland across Bhandara, Nagpur, and Chandrapur districts, it also includes provisions for drinking water, industrial supply, fisheries, and hydroelectric who earlier claimed in the state assembly in April 2024 that the project would be completed by 2025, reiterated that the delays were primarily due to the inefficiency of previous Congress govts. "This project could have transformed irrigation in Vidarbha, but persistent neglect by previous Congress govts delayed it," he had said in the obtained through an RTI filed by activist Abhay Kolarkar previously revealed that despite being declared a national project and receiving approval from the Central Water Commission's Technical Advisory Committee in 2008, the VIDC created only limited irrigation potential. Originally intended to irrigate 1.90 lakh hectares and projected to create potential for 2.5 lakh hectares, the project was supposed to be completed by sources within the irrigation department have pointed to systemic corruption, political interference, and poor fund allocation as reasons behind the project's stagnation. The Gosikhurd project is widely cited as an example of how mismanagement has turned a potentially transformative development into a financial in February 1981 and touted as a harbinger of agricultural revival for Vidarbha — a region long plagued by droughts, debt, and farmer suicides — the project has failed to meet expectations more than four decades later. The latest extension is seen as yet another attempt to breathe life into a scheme that once promised a green revolution in Maharashtra's most distressed farming belt.
Business Standard
06-05-2025
- Business
- Business Standard
DigiGold Makes Gold Investment Mainstream with Micro-SIPs Starting at Rs20
VMPL Ahmedabad (Gujarat) [India], May 6: Every morning, 23-year-old Neha, a first-time earner in Jaipur, sips her tea and opens an app, not to scroll through social media, but to check in on her automated Rs20 investment in gold and silver. For the longest time, gold and silver investments felt like a luxury only reserved for the wealthy. Generally, SIPs in mutual funds start at Rs1,000 or more, keeping many like Neha on the sidelines. But now, with DigiGold's revolutionary Daily SIPs starting at just Rs20, investing in precious metals (gold/silver) has become a part of everyday life--even for someone working their first job. Just like Neha, you too can begin your daily SIP journey--simply set it once, automate it, and let your investments grow quietly in the background. Backed by Amrapali Gujarat, DigiGold is quietly leading a financial movement--one where gold/silver is no longer a dream, but a daily habit. And Neha isn't alone. Across India, thousands are logging in, investing small amounts constantly, and slowly building their future. The shift is timely. In December 2024 alone, SIP contributions across India surged by 40.45%, reaching Rs26,459 crore, proving just how rapidly Indians are embracing disciplined investments. Unlike traditional investment platforms where SIPs often begin with large amounts, DigiGold has lowered the barrier dramatically, enabling people from all walks of life to participate in wealth creation without straining their pockets. And with gold prices climbing steadily, 2025 has proven to be the safest year for gold investment returns globally. This changes the mindset around money. DigiGold combines digital convenience, purity assurance, and complete transparency in a way that fits neatly into the fast-paced lives of modern Indians. There's no paperwork, no pressure--just the quiet satisfaction of taking one small step toward a secure future. And with gold prices continuing to rise, every Rs20 Neha invests becomes more valuable. In a culture where gold and silver are more than metal--it's security, it's tradition, it's pride--this kind of micro-investments is smart. So whether you're a college student investing for the future, a homemaker planning ahead, or someone looking to start small and grow steady--DigiGold gives you the chance to save, without waiting for "someday."
Time of India
03-05-2025
- Time of India
Financial aid given to child in grandparent's care: Authorities to HC
Madurai: After the authorities informed the Madras high court that financial assistance was provided to a child under the care of his grandparent, the court disposed of a plea filed in this regard. The court was hearing the petition filed by a senior citizen aged about 70 years from Sivaganga district. The petitioner stated that his daughter was married and had a male child. Due to a dispute, his daughter got divorced and was living at her parental home. His daughter died during the Covid-19 pandemic. He stated that his grandson was staying with his friend and was studying in an aided school in Dindigul district. The petitioner stated that he submitted an application to the authorities seeking Rs26,000 financial assistance, which was sanctioned by the govt for parentless children. Since his application was not considered, the petitioner filed the present petition. Justice V Lakshminarayanan observed that a letter dated March 6, 2025, addressed by the district child protection officer to the petitioner, was produced before the court. It stated that Rs26,000 was deposited into the bank account of the child and that the child would be given financial assistance under Mission Vatsalya from the ensuing academic year. Since the authorities addressed the issue raised by the petitioner, no further orders were necessary, the judge observed and disposed of the petition.
Hans India
22-04-2025
- Business
- Hans India
Khadi & Village Industries sales hit record Rs 1.7 L-cr mark
New Delhi: The sales of Khadi and Village Industries have registered a five-fold jump from Rs31,154.19 crore in 2013-14 to an all-time high of Rs1,70,551.37 crore in the financial year 2024-25, the Khadi and Village Industries Commission (KVIC) Chairman, Manoj Kumar, said on Monday. He further stated that while the production of Khadi and Village Industry goods was Rs26,109.07 crore in the financial year 2013-14, it increased nearly four times to Rs116,599.75 crore in the financial year 2024-25. Speaking at a press conference, he said that the unprecedented growth has also been observed in the production of Khadi clothes in the last 11 years. While the production of Khadi clothes was Rs811.08 crore in the financial year 2013-14, it increased increased four and a half times (366 per cent) to Rs3,783.36 crore in the financial year 2024-25, which is the best performance till date. There has also been a tremendous jump in the sales of Khadi clothes. While the sale was Rs1,081.04 crore in the financial year 2013-14, it increased by about six and a half times to Rs7,145.61 crore in the financial year 2024-25, he pointed out. 'The promotion of Khadi by Prime Minister Narendra Modi from a larger platform has had a huge impact on the sale of Khadi clothes,' he said. Speaking on the objective of KVIC, he said the major objective is to provide maximum employment opportunities in rural areas. In this area too, KVIC has set a record in the last 11 years. While the cumulative employment was 1.3 crore in the financial year 2013-14, it rose to 1.94 crore in 2024-25 with an increase of 49.23 per cent. Besides, there has been an unprecedented increase in the business of Khadi and Village Industries Bhawan, New Delhi. While the business of Bhavan was Rs51.02 crore in the financial year 2013-14, it increased by almost two times and reached Rs110.01 crore in the financial year 2024-25 with a jump of 115 per cent, Kumar mentioned.
