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August, 2008



Chandigarh, August 20, 2008

The Punjab Government in line with the Reserve Bank of India today proposed to float a state loan of Rs. 1000 crore to raise part of the barrowings through auction system. It would be kept open till August 26 2008.

Disclosing this here today a spokesman of the government said that the consent of the Central Government had already been obtained for the floatation of this loan required under Article 293 (3) of the constitution of India. The stocks would be of 10 years tenure and the tenure of the stock would commence on August 27, 2008. The loan would be repaid at par on August 27, 2018, he added. The interest however, would be paid half yearly on each February 27 and August 27.

He added that the object of the loan was to the finance part of capital expenditure of plan scheme and other development schemes under execution in the state.


Chandigarh, August 20, 2008

The Punjab Government has notified the elections of he Sarpanchs of various Gram Panchayats held recently in the state.

Disclosing this here today a spokesman of Rural Development and Panchayats Department Punjab said that in pursuance of the provisions of section 13 (1) read with (2) (zg) of Punjab Panchayat Raj Act of 1994 and all other powers enabled under this Act, the department had issued notifications for all the districts enabling the elected Sarpanchs and Panchs of the various Gram Sabhas in the state to chalk out their development programmes and pursue to ongoing developmental activities.

He added that all the field offices of the department had already been directed to call the general meetings of Gram Panchayats within week to hand over the charge and record books so that they could draw their plans pertaining to their Gram Sabhas and villages.


Chandigarh, August 20, 2008
Naginder Singh

Punjab Agriculture Minister S. Sucha Singh Langah today advised farming community of the state to sow different crops recommended by Punjab Agriculture University (PAU) and go for commercial crops other than Wheat and Paddy.

Mr. Langah said there was a great scope for the cultivation of edible oilseed crops as India was importing edible oils in large quantity. Urging farmers to grow vegetables as the neighbouring state Jammu and Kashmir and the military establishments would be proved good marketing areas. Mr. Langah said that certain parts of the state was very conducive for fruits and flowers cultivation, which have a great commercial value these days.

Lauding the contribution of Scientists of Punjab Agricultural University in bringing about the green revolution, Mr. Langah said the farmers should sow Basmati in place of Paddy, as the less water was needed to irrigate Basmati as compared to Paddy and it brings more income also.


Chandigarh August 20, 2008

Punjab Government today sought two pilot projects from Union Renewable Energy Ministry to produce power from flow of rivers in the State. The State also sought two demonstration projects funded by Union Ministry to harness power from waterfalls with a head of 1-1.5mt.

Mr. Bikram Singh Majithia, Science Technology and Non Renewable Energy Minister Punjab in a high level meeting with Union Minister for New and Renewable Energy Mr. Vilas Baburao Muttemwar today demanded assistance from Union Ministry for ushering in an era of non-renewable energy in Punjab.

The Minister informed the Union Minister that Punjab was committed to generate 10% of total generation capacity of the State from non-renewable resources and Union Government should provide assistance to make Punjab a model of Non-Renewable Energy generation in the Country so that others states could emulate. The Union Minister offered total support of his Ministry to translate this dream into reality.

Mr. Majithia sought 50% subsidy on two additional projects to generate 2 MW power from cow dung. He said that Punjab was planning to expand existing 1 MW project at Haebowal into 2 MW and would set up another project at another location at Ludhiana. The Union Minister agreed to consider this proposal keeping in view the vast potential of this project.

Giving a novel suggestion to harness abundant solar energy in the country, Mr. Majithia suggested that subsidy of 1.25 lac per MW presently available for government institutions, be extended to domestic as well as individual housing buildings for setting up Photovoltaic Power Plant and these plants be connected to the State grid. He also suggested that Ministry should seek income tax benefits for individuals and institutions setting up these plants. Mr. Vilas Baburao Muttemwar appreciating the suggestion asked his Secretary to involve Punjab in making day conceptual paper of this proposal.

Putting up the case of farmers of Punjab strongly Mr. Majithia demanded that subsidy of Rs. 1.80 lac on Solar Photovoltaic water pumps for irrigation purposes be restored immediately as Punjab farmers are lining up to install such pumps and state had 300 applications pending for such pumps. The Minister informed that the 1800 pumps already installed have proved quite successful and Ministry should immediately restore the subsidy. The Union Minister promised to reconsider this proposal keeping in view the fact that Punjab was the 'food basket' of India.

It was also agreed in the meeting to operationalize Sardar Swaran Singh National institute for Renewable Energy at Kapurthala within one year. It was informed in the meeting that 70% civil work of the building was already complete.

The Union Minister asked Punjab Government to setup solar power plants on BOT basis as Union Government was giving a grant of Rs. 12.50 per unit for such plants. He informed that against the propsed plants of 50 MW, the Union Government has already received proposals from private players for 2000 MW plants.

Mr. A.S. Chattwal Secretary Science & Technology and a team of officers from Union Ministry headed by Union Secretary non-renewable energy participated in the meeting.



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