Centre supports states in integrated urban planning: Govt

by Argus News

NEWS HIGHLIGHTS

--The Centre supports states and Union Territories (UTs) by issuing advisories, design standards and schematic interventions for optimal use of technology for integrated urban planning, Minister of State for Housing and Urban Affairs, Kaushal Kishore said in the Lok Sabha on Monday.

--Kishore said that it comes under the purview of state government.

New Delhi, Mar 15: The Centre supports states and Union Territories (UTs) by issuing advisories, design standards and schematic interventions for optimal use of technology for integrated urban planning, Minister of State for Housing and Urban Affairs, Kaushal Kishore said in the Lok Sabha on Monday.

Kishore said that it comes under the purview of state government.

"The Ministry of Housing and Urban Affairs (MoHUA), under Atal Mission for Rejuvenation and Urban Transformation (AMRUT), has approved a sub-scheme on 'Formulation of GIS based Master Plan for AMRUT Cities' to facilitate states and cities to take up Master Planning and is being implemented in 456 towns of 35 states/UTs," the minister added.

Kishore informed the House that MoHUA had launched AMRUT 2.0 in October 2021, under which a sub-scheme on 'Formulation of GIS based Master Plans for Class-II towns with the population 50,000 - 99,999' had been proposed with the objectives to develop standardized base maps, land use maps, master plans, and urban geo-portal using Geographical Information System (GIS).

(IANS)

India To Host International Congress On Chemistry Of Cement In 2027

by Hemanta Pande

New Delhi, Sep 21: India will host the International Congress on the Chemistry of Cement (ICCC) in the year 2027 in New Delhi, officials said on Thursday.

The Commerce and Industry Ministry today announced that the country won the bid to hold this event on a presentation from the National Council for Cement and Building Materials along with IIT Delhi.

The decision was announced on 20th September 2023 at Bangkok, Thailand during the 16th ICCC.

India defeated Switzerland and the United Arab Emirates to win the bid. The ICCC is regarded as the largest and the most prestigious event in the area of Cement and Concrete.

India is the fifth largest economy today and is likely to become third largest by the next five years and its cement industry is second largest in the world with installed cement capacity of 600 million tonnes, sources said.

Read: National News

Nifty Fell 2.2% In Last Three Days Amid Profit Booking At Higher Levels

by Hemanta Pande

Mumbai, Sep 21: Domestic equities declined for the third straight day on Thursday after the US Fed’s hawkish stance in its policy meeting.

Nifty continued its downward journey to close with a loss of 159 points (-0.8 per cent) at 19,742 levels, while Sensex plunged 570.60 points (-0.85 per cent) to settle at 66,230, said Siddhartha Khemka, Head of Retail Research at Motilal Oswal Financial Services.

Selling was seen across the sector including broader markets. Banking, auto, financial services, and realty were the major losers on Thursday.

The market fell by 2.2 per cent in the last three days amid profit booking at higher levels, Khemka said.

Uncertain global cues and persistent selling by FIIs are likely to keep markets under pressure in the near term. It would be better to prefer defensive sectors for some time until the market stabilises. Investors should also take cues from the Bank of England’s interest rate decision that is due later on Thursday, he added.

Kunal Shah, Senior Technical & Derivative Analyst at LKP Securities, said that Bank Nifty experienced a significant correction during the day, with the banking benchmark index dropping below the 45,000-mark for the first time in several days.

The Relative Strength Index (RSI) is signalling bearishness with a bearish crossover on the daily timeframe. In the short term, it could potentially move towards 44,000 on the lower end, while encountering resistance at 45,000 on the higher end, Shah said. (IANS)

Read: Business News

Boy dead, two injured as wall of residential school collapses in K’taka

by Manoj Jena

Ramanagara (Karnataka), Sep 21: In a tragic incident, a 12-year-old boy died and two other children sustained severe injuries after the wall of a government-run Morarji Desai Residential School in Ramanagara district of Karnataka collapsed.

The incident took place on Thursday morning in the premises of the residential school located in H. Gollahalli village near Bidadi.

Also Read: Delivery man who turned thief to increase earning held in Delhi, 23 cases solved

The deceased student has been identified as Kaushik Gowda, a student of sixth standard. The wall collapsed on him while he was washing face in the morning. The victim had sustained severe head injuries in the incident.

Though he was rushed to the hospital, but he succumbed to injuries due to severe bleeding. Two other children, who had also sustained severe injuries, are being treated at the hospital in Bengaluru.

The parents and family of the deceased boy has condemned the negligence shown by the authorities in ensuring the safety of children. The Bidadi Police have registered a case in this regard and are investigating the case.

Also Read: National News

(IANS)

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Centre supports states in integrated urban planning: Govt

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