Rozgar Mela: PM To Distribute Over 51,000 Appointment Letters To Newly Appointed Youths Tomorrow

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Rozgar Mela: PM To Distribute Over 51,000 Appointment Letters To Newly Appoin...

by Hemanta Pande

NEWS HIGHLIGHTS

Prime Minister Shri Narendra Modi will distribute more than 51,000 appointment letters to newly appointed youth on October 29, 2024 through video conferencing, officials said on Monday.

New Delhi, Oct 28: Prime Minister Shri Narendra Modi will distribute more than 51,000 appointment letters to newly appointed youth on October 29, 2024 through video conferencing, officials said on Monday.

Prime Minister will also address on the occasion, they added.

Rozgar Mela highlights Prime Minister Modi’s commitment to prioritising employment generation. It will empower the youth by providing them with meaningful opportunities to contribute to nation-building.

Rozgar Mela will be organised at 40 locations nationwide, with new recruits joining the Central Government across various Ministries and Departments, such as the Department of Revenue, Department of Higher Education, Ministry of Home Affairs, Ministry of Defence, Ministry of Health and Family Welfare among others.

Newly appointed recruits will have the opportunity to undertake foundational training through ‘Karmayogi Prarambh,’ an online module available on the iGOT Karmayogi portal.

Over 1400 e-learning courses are available which will equip recruits with essential skills to serve in their roles effectively and work towards building a Viksit Bharat, the officials said.

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BJP Releases 3rd List Of 25 Nominees, Including Fadnavis’ Former PA Wankhede

by Hemanta Pande

Mumbai, Oct 28: The BJP on Monday released its third list of 25 nominees, including Deputy Chief Minister Devendra Fadnavis’ former Personal Assistant Sumit Wankhede from the Arvi constituency in Wardha district in Vidarbha region.

The party has denied a ticket to the sitting legislator Dadarao Keche from the Arvi seat.

With Monday’s list, the BJP has so far announced 146 nominees for the Assembly elections slated for November 20.

Borivali’s sitting legislator Sunil Rane has been denied a ticket as the party has nominated Mumbai unit General Secretary Sanjay Upadhyay in his place.

The party has fielded Archana Patil Chakurkar, who is the daughter-in-law of former Union Home Minister Shivraj Patil Chakurkar, from Latur City against the Congress candidate and former minister Amit Deshmukh.

Archana Patil-Chakurkar had joined the BJP ahead of the Lok Sabha elections.

The BJP has denied a ticket to the sitting legislator Sandip Dhurve as he has been replaced by former legislator Raju Todsam from the Arni seat.

Further, the party has dropped Vikas Kumbhare and fielded Pravin Datke from the Nagpur Central seat.

The party has also denied a ticket to the sitting legislator Namdev Sasane and fielded Kishan Wankhede from Umarkhed constituency.

The party has renominated Bharati Lavekar from Versova, Parag Shah from Ghatkopar, Harish Pimple (Murtizapur) and Ram Satpute, who had lost the general elections from the Solapur constituency, from Malshiras seat.

In Ghatkopar East, former minister Prakash Mehta, who was denied a ticket in the 2019 elections, was a strong contender seeking the party’s nomination but he was not considered.

Instead, the party preferred to renominate the sitting legislator Parag Shah.

The BJP has nominated Sai Dahake, who is the wife of former NCP legislator Prakash Dahake, from Karanja constituency. She had joined the party last week.

Other nominees include Rajesh Wankhede (Teosa), Umesh Yawalkar (Morshi), Charansingh Thakur (Katol), Ashish Deshmukh, a former legislator who had joined the Congress and again came to the BJP fold, (Savner), Milind Mane (Nagpur North), Avinash Brahmankar (Sakoli), Kishor Jorgewar, who was elected as an Independent in the 2019 elections, entered the party on Sunday (Chandrapur), Jitesh Antapurkar, a former Congress legislator and close confidant of Rajya Sabha member Ashok Chavan who had recently joined the BJP (Deglur), Vinod Medha (Dahanu), Sneha Dube (Vasai), Suresh Dhas, who is the state council member (Ashti), Manoj Ghorpade (Karad North) and Sangram Deshmukh, who is the brother of party’s former legislator Prithviraj Deshmukh (Palus Kadegaon).

--IANS

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LIC Housing Finance Logs 12 Pc Net Profit Jump At Rs 1,329 Crore In Q2

by Hemanta Pande

Mumbai, Oct 28: LIC Housing Finance Ltd on Monday reported 12 per cent increase in net profit at Rs 1,329 crore in Q2 FY25, from Rs 1,188 crore in the same period last year.

The company clocked a 2.5 per cent growth in revenue at Rs 6,926 crore, from Rs 6,758 crore in the year-ago period, riding on stable growth in both home and project loan disbursements.

The company expressed optimism for growth in the upcoming festive quarters, driven by a robust focus on affordable housing and rural infrastructure.

Outstanding loan portfolio was up by 6 per cent to Rs 294,588 crore while individual home loan portfolio was up by 7 per cent to Rs 250,879 crore.

In the July-September period, loan disbursements were Rs 16,476 crore, a 12 per cent increase from Rs 14,665 crore in the year-ago period. During the quarter, the company had a technical write-off of Rs 286 crore.

According to LIC Housing Finance, the net interest income (NII) declined by 6 per cent to Rs 1,974 crore from Rs 2,107 crore in Q2 FY24, driven by a reduced net interest margin (NIM), which stood at 2.71 per cent compared to 3.04 per cent a year earlier and 2.76 per cent for Q1 FY25.

The company’s provisions for expected credit loss stood at Rs 5,458 crore, covering 49 per cent of Stage 3 loans.

The stage 3 exposure on default (as on September 30) stood at 3.06 per cent as against 4.33 per cent (as on September 30, 2023) and 3.30 per cent (as on June 30, 2024), said the company.

“During the six months ended September 30, 2024, the total disbursements for the company stood at Rs 29,391 crore against Rs 25,521 crore for the same period of the previous year, a growth of 15 per cent.