Latest news with #SaubhagyaScheme
Indian Express
a day ago
- Politics
- Indian Express
Kangana Ranaut on 11 years of Modi government: Keeping the promise
Narendra Modi, infrastructure development, national highways, rail connectivity, Udhampur-Srinagar-Baramulla Railway Link, Chenab Bridge, Anji Khad Bridge, urban transport, electric buses, Pradhan Mantri Awas Yojana, Saubhagya Scheme, Ayushman Bharat, Jan Dhan Yojana, Digital India, UPI, Subhadra Yojana, environmental sustainability, National Education Policy 2020, PM SHRI schools, PM-Kisan, Polavaram project, defense modernization, G20, foreign policy, economic reforms, GST, corporate tax, Startup India, Stand-Up India, Atal Innovation Mission, Chandigarh-Manali highway tunnels, Chenab Rail Bridge, Vande Bharat trains, self-reliant India, inclusive growth, global leadership A political, economic, and social transformation has been underway in the past 11 years. Under Prime Minister Narendra Modi's leadership, India has emerged as a self-reliant, inclusive, and globally respected nation. The foundation of this transformation rests on infrastructure. Connectivity was a major concern when PM Modi assumed office in 2014. Today more than 146,000 km of national highways — as against 91,000 km in 2014 — bridge the gap between rural and urban, between aspiration and opportunity. The highways have been supplemented by a revolution in rail connectivity, especially in Jammu and Kashmir. The commissioning of the Udhampur-Srinagar-Baramulla Railway Link and engineering marvels like the Chenab Bridge and the Anji Khad Bridge mark the victory of human will over terrain. Urban transport has also undergone a green transformation with the introduction of electric buses, including in the national capital. The provision of housing has become a national mission. The Pradhan Mantri Awas Yojana is about providing dignity to the poorest — a rural family assigned a pucca house with electricity and toilets signals an end to generational poverty. The Saubhagya Scheme to provide electricity to nearly 3 crore unelectrified households has to be counted as a big public welfare success story. Electricity means security, education and economic activity for homes in rural India. Health sector reform, especially the Ayushman Bharat Scheme, has followed the path of inclusivity. Illness is no longer equated with bankruptcies. The Jan Dhan scheme has led to financial inclusion. Subsidies, scholarships, pensions, and relief funds are routed through such accounts, obviating the need for a middleman. The Digital India campaign is another success. UPI is today used by people across economic strata. Digital India is also about access and transparency — the two pillars of good governance. This revolution would not be complete without the recognition that Indian women should be at the forefront of this agenda. Subhadra Yojana is one such expression of this gender-sensitive policy approach. Environmental issues have received importance. Syncing development with ecology has been part of the Modi government's credo. The National Education Policy, 2020, has addressed the future — AI, innovation, interdisciplinary research — while remaining rooted in India's heritage. Government school upgradation under the PM SHRI scheme made sure that the policy was translated into action. Agriculture has undergone structural change. PM-Kisan provides income support to 11 crore farmers every year. Projects such as the Polavaram irrigation scheme tried to solve the problems of water availability. On defence, the government's message has been unequivocal — India will not ignore the strategic requirements at its frontiers. On the global stage, India found a more confident voice. From G20 summits to diplomatic dialogues, India emerged not just as a participant, but a shaper of global narratives. Our foreign policy reflects pride in our civilisational identity while adapting to 21st-century realities. The economy has remained resilient in the face of global uncertainties. Reforms ranging from GST to cutting corporate tax made India an investment hub. The country is among the world's fastest-growing economies. Job creation was facilitated by the sheer volume of infrastructure development. The welfare model has empowered people. From ending redundant laws to creating simplified tax systems, the effort has been to make government effective and citizen-friendly. The youth have been at the core of the government's initiatives. Startup India, Stand-Up India, and the Atal Innovation Mission empower a generation to be job creators. India has seen massive infrastructure transformation; two examples are the Chandigarh–Manali highway tunnels and the Chenab Rail Bridge in Jammu and Kashmir. Earlier, the road to Manali was riddled with traffic jams, landslides, and long travel hours. With the construction of more than 14 tunnels and multiple bypasses, the travel time has been cut by almost four hours. Equally remarkable is the Chenab Bridge. Connecting Katra to Srinagar through the Udhampur-Srinagar-Baramulla rail link, this bridge is a lifeline for the people of J&K. With the launch of Vande Bharat trains on this route, the region is now more connected than ever. Modi government's 11 years have not merely been about numbers and schemes; they have been about fulfilling a vision. India is more secure, integrated, and future-ready. The writer is the BJP MP for Mandi
Yahoo
29-05-2025
- Business
- Yahoo
India Power Transformers Industry Report 2025: Market Trends, Competition, Forecast & Opportunities, 2021-2031 - Smart Transformers Lead the Charge Towards Renewable Integration
India's power transformers market offers growth opportunities driven by rising electricity demand, urbanization, and grid modernization efforts, including the adoption of smart grids and renewable energy integration. Challenges include high manufacturing costs due to reliance on imported raw materials. Indian Power Transformers Market Dublin, May 29, 2025 (GLOBE NEWSWIRE) -- The "India Power Transformers Market, By Region, Competition, Forecast & Opportunities, 2021-2031F" has been added to offering. The India Power Transformers Market was valued at USD 2.51 Billion in 2025, and is expected to reach USD 4.02 Billion by 2031, rising at a CAGR of 8.02% Power transformers are pivotal for efficient electricity transmission, stepping up or down voltage levels to minimize energy losses over long distances. Their core operation relies on electromagnetic induction between primary and secondary windings wrapped around a magnetic core. These transformers are essential in generation stations, substations, and industrial operations, enabling stable high-voltage transmission. India's growing energy needs, rapid urbanization, and the push for grid modernization - including smart grid adoption - are fueling transformer demand. With increased investment in infrastructure and a shift towards renewable energy, power transformers remain integral to India's evolving power sector. Key Market Drivers India's swift economic development and urban expansion are significantly increasing electricity consumption across residential, commercial, and industrial sectors. The surge in demand, driven by a growing population and middle-class segment, necessitates robust upgrades to the power infrastructure. Power transformers play a vital role in these upgrades, ensuring efficient energy transmission. Government initiatives such as the Saubhagya Scheme are accelerating electrification, further boosting transformer deployment. Expanding urban centers and industrial sectors also demand reliable power systems, prompting substantial investments in transformer installations. Furthermore, the integration of renewable energy sources into the grid and adoption of smart technologies are reinforcing the need for advanced, efficient transformers. Key Market Challenges The India power transformers market faces the considerable hurdle of high manufacturing costs, mainly due to reliance on imported raw materials such as electrical-grade steel and specialty insulating oils. Limited domestic production capabilities and variable quality standards necessitate imports, subjecting manufacturers to international price fluctuations and currency risks. Supply chain disruptions or geopolitical tensions can further escalate costs and delay deliveries. These factors not only affect production economics but may also lead to increased end-user prices, impeding the broader adoption of advanced transformer technologies, especially in cost-sensitive markets. Key Market Trends A key trend shaping the India power transformers market is the growing adoption of smart transformers embedded with digital and IoT-enabled technologies. These advanced systems provide real-time monitoring, predictive maintenance, and improved voltage regulation, enhancing operational efficiency and reliability. As India transitions towards smart grids, the demand for such intelligent solutions is rising. Smart transformers support better asset management, minimize downtime, and enable rapid response to faults, making them vital for grid modernization and integration of renewable energy sources. Their role in automating and stabilizing power distribution is pivotal to India's evolving energy landscape. Key Attributes: Report Attribute Details No. of Pages 86 Forecast Period 2025 - 2031 Estimated Market Value (USD) in 2025 $2.51 Billion Forecasted Market Value (USD) by 2031 $4.02 Billion Compound Annual Growth Rate 8.0% Regions Covered India Report Scope Key Market Players: Bharat Heavy Electricals Limited Crompton Greaves Consumer Electricals Limited ABB India Limited Siemens Limited Schneider Electric India Private Limited Toshiba Transmission & Distribution Systems (India) Private Limited Transformers and Rectifiers (India) Limited Kirloskar Electric Company Limited India Power Transformers Market, By Capacity: Small Large Medium India Power Transformers Market, By Type: Oil Filled Dry Type India Power Transformers Market, By Phase: Single Phase Triple Phase India Power Transformers Market, By Region: South India North India West India East India For more information about this report visit About is the world's leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends. Attachment Indian Power Transformers Market CONTACT: CONTACT: Laura Wood,Senior Press Manager press@ For E.S.T Office Hours Call 1-917-300-0470 For U.S./ CAN Toll Free Call 1-800-526-8630 For GMT Office Hours Call +353-1-416-8900Error in retrieving data Sign in to access your portfolio Error in retrieving data
