Quick view: New uranium mine, processing plant soon

Updated: Feb 29 2012, 06:49am hrs
India will commission a new uranium mine and a processing plant in the next few weeks that would provide fuel to its nuclear power plants, a top official said.

The Mouldih mine in Jharkhand is almost ready and would be commissioned in a few weeks time, Uranium Corporation of India (UCIL) CMD Diwakar Acharya said in New Delhi. He said a processing plant for the Tummalapalle uranium mine is also expected to start process the ore extracted from the region. According to plans, the Mouldih mine, when operational, is expected to deliver uranium ore upto 500 tonne per day. This ore will be processed at the Turamdih mill which has the capacity to process 3000 tonne of uranium ore per day, Acharya said. He said the capacity of the Turamdih mill was also being enhanced to 4500 tonne per day.

Pak may soon announce negative list for trade

Pakistan is likely to announce the negative list soon which will open trade with India for all goods except those mentioned in the small list, a Pakistan government official said. Eventually, the negative list would also be phased out which is the step towards Pakistan granting the most favoured nation (MFN) status to India which may see the light of the day by next year. The negative list ... our Prime Minister (Yousaf Raza Gillani) said that will be announced by the end of this month ... I think by March it will be done ..., Pakistan high commission minister (trade) Naeem Anwar said at a PHDCCI event on Monday. Earlier, Pakistan had committed that it will switch over from the restrictive positive list regime to a negative list this month, but a timeline for phasing out the negative list will be announced later.

Montek satisfied with rise in Plan outlay for FY13

Expressing satisfaction over the proposed increase in Plan outlay for the next fiscal, the Planning Commission on Tuesday said that it is a good start for 12th Five Year Plan beginning in April. We are very satisfied with the total volume of gross budgetary support (GBS) or Plan expenditure. I think, what we have got is very good start for the 12th Plan, Montek Singh Ahluwalia, deputy chairman, Planning Commission, said. The finance ministry is believed to have approved around 16% increase in the GBS for 2012-13. According to sources, the plan expenditure for 2012-13 would be around R5.12 lakh crore, up 16% over the R4.41 lakh crore for provided this fiscal. As per the approach document to the 12th Plan, the GBS for 2012-13 should be raised by 14.68% to R5,06,387 crore.

Shipping ministry signs MoU with Ennore Port

A memorandum of understanding (MoU) setting out the performance targets for 2012-13 for Ennore Port was signed between the ministry of shipping and Ennore Port (EPL) on Tuesday. Ministry of shipping secretary K Mohandas and EPL CMD S Velumani signed the MoU, which has enhanced physical and financial targets for the company. The cargo throughput target has been set at 16 million tonne and gross sales have been put at R210 crore. The MoU targets of the company were finalised by Ennore Port February 16, after discussion with high level task force of DPE consisting of eminent persons. EPL, functioning on a landlord model, has developed bulk handling terminals like coal, iron ore and liquid cargo on build-operate-transfer basis through PPP. The port has been emerging as a major centre for

export of automobiles too.

N-E to be self-sufficient in grain prodn by 2015: ICAR

Many northeastern states will be self-sufficient in grain production by 2015, a top official of the Indian Council of Agricultural Research (ICAR) said on Tuesday in Meghalayas Umiam. By 2015, many food-grain deficit states like Mizoram, Meghalaya and Sikkim will be sufficient in food grain production, ICAR director (northeast region) SV Ngachan said here addressing a workshop on strategies for climate resilient agriculture in the region. Ngachan was all praise for Nagaland, which has achieved self sutainability in foodgrain production and for Assam, whose food grain production has increased from 3.7 million tonne in 2010-11, to 5 million tonne during the current year. All NE states are advancing with greater steps towards food grains productivity this year, said the ICAR director. By 2020, we will achieve self sustainability in food production, a target which the Centre has appreciated, he added.