Category: MIL-OSI

Source: Hong Kong Government special administrative region

     Following are the speaking notes of the Secretary for Labour and Welfare, Mr Chris Sun, on welfare, poverty alleviation and children policy areas tabled at the special meeting of the Legislative Council (LegCo) Finance Committee today (April 9):

Chairman and Honourable Members,

     In 2025-26, government recurrent spending on social welfare is estimated to be $130.4 billion, accounting for 22.2 per cent of the total recurrent government expenditure of the year, first amongst all policy area groups. Compared with the revised estimate for 2024-25 of $118.7 billion, there is an increase of about $11.7 billion in recurrent spending on social welfare. The increase is about 9.8 per cent. Now, let me highlight how the Labour and Welfare Bureau (LWB) will make use of these resources.

Government Public Transport Fare Concession Scheme for the Elderly and Eligible Persons with Disabilities ($2 Scheme)

     The Financial Secretary has announced in the 2025-26 Budget the adjustments of the $2 Scheme. On the basis that the targeted beneficiaries remain unchanged, the Government will change the concessionary fare to “$2 flat rate cum 80 per cent discount”, which means that beneficiaries will continue to pay $2 for trips with full adult fare below or equal to $10. For trips with full adult fare above $10, the beneficiaries will have to pay the amount after 80 per cent discount of the full fare. Furthermore, the number of concessionary trips will also be limited to 240 per month. This fine-tuned proposal preserves our policy intent while striking a balance between enhancing the sustainability of the scheme and minimising the impacts to the beneficiaries. Our preliminary estimate at the time of the Budget announcement was that the “$2 flat rate cum 80 per cent discount” proposal would be implemented no later than September 2026. Upon liaison with the Octopus Cards Limited and public transport operators, the “$2 flat rate cum 80 per cent discount” proposal can be implemented in April 2026, which is around five months earlier than the original estimate. The amount of additional savings is about $260 million. As for the “concessionary trips limit” proposal, we expect that it will be implemented about one year after the implementation of the “$2 flat rate cum 80 per cent discount” proposal.

Elderly services

     The recurrent government expenditure on elderly services this year is estimated to reach about $17 billion, representing an increase of about 50 per cent over about $11 billion five years ago (i.e. 2020-21).

     The Government will continue to strengthen residential and community care services for the elderly. We will add 1 000 Residential Care Service Vouchers for the Elderly (RCSV) and 1 000 Community Care Service Vouchers for the Elderly (CCSV) starting from the second quarter this year, so that the numbers of RCSV and CCSV will reach 6 000 and 12 000 respectively.  The annual expenditure involved is about $1,710 million and $900 million respectively.

Cash assistance 

     This year’s Budget proposes to provide a one-off extra half-month allowance to eligible recipients of social security payments, which will incur an expenditure of about $2,988 million and is expected to benefit about 1.71 million persons. Similar arrangements will apply to recipients of the Working Family Allowance Scheme. It is expected that around 56 000 households will benefit from this initiative, incurring an expenditure of about $96 million.

Enhance support for persons with disabilities

     Starting from the third quarter of this year, the Government will regularise the Pilot Project on Enhancing Vocational Rehabilitation Services to enhance services and training models in Sheltered Workshops and Integrated Vocational Rehabilitation Services Centres to build a better vocational rehabilitation and training ladder for persons with disabilities. This initiative involves an annual expenditure of about $100 million, and it is expected to benefit about 10 000 people.

     The Government will set up 14 Integrated Community Rehabilitation Centres across the territory in phases to provide persons with disabilities who require medium to high-level care with flexible and integrated community support services through a case management approach. Moreover, 1 280 additional day community rehabilitation and home care service places will be provided for persons with severe disabilities. Additional annual expenditure involved is around $160 million.

     In addition, in view of the remarkable effectiveness of peer support services for persons in mental recovery, the Chief Executive announced in the 2024 Policy Address that peer support services will be expanded to other types of disabilities, with 90 additional peer supporter posts added in District Support Centres for Persons with Disabilities and Parents/Relatives Resource Centres. Annual expenditure involved is around $21 million.

Online youth emotional support platform

     The Government will enhance the services of the five existing Cyber Youth Support Teams in the second quarter of 2025 by providing an online youth emotional support platform. Total additional expenditure involved is around $150 million.

District Services and Community Care Teams – Scheme on Supporting Elderly and Carers

     The Government launched the District Services and Community Care Teams – Pilot Scheme on Supporting for Elderly and Carers in Tsuen Wan and Southern Districts in March last year. Care Teams were engaged to help identify households of singleton/doubleton elderly persons and carers of elderly persons/persons with disabilities in need, providing them with caring and support services. In light of the satisfactory results of the Pilot Scheme, the Chief Executive announced in the 2024 Policy Address that the Scheme will be extended to across the territory in the second quarter of 2025, supporting elderly persons and carers in all 18 districts. This initiative involves an annual expenditure of about $111.9 million.

Rehabilitation services places

     The Government is committed to building an inclusive society and supporting persons with disabilities in developing their physical, mental social capabilities to the fullest possible extent, and to promote their integration into the community. To this end, the Government is committed to increasing the number of rehabilitation (including day, residential and respite care) service places from about 37 300 in 2023-24 to about 39 900 by 2028-29 and providing about 1 040 additional day care, residential care and pre-school rehabilitation service places in 2025-26. These involve an annual expenditure of about $186 million.

Assist working families in childbearing

     Over the three years starting from 2024, the Government is setting up 11 more aided standalone Child Care Centres (CCCs) in phases, increasing the number of CCCs from 15 to 26, and increasing the service places from about 1 000 to about 2 000. Four of the new CCCs have commenced service in 2024, providing a total of 344 service places. The Social Welfare Department (SWD) will also further enhance the Neighbourhood Support Child Care Project by further increasing the number of service places from 2 000 to 2 500, with the estimated number of beneficiaries to be increased from 20 000 to 25 000.  

Child protection 

     The Mandatory Reporting of Child Abuse Ordinance will come into effect on January 20, 2026, creating a wider and more effective protection web for children. In this connection, the Government will provide an additional annual provision of $186 million to increase the number of emergency places for residential childcare service and strengthen professional support for child abuse victims and their families.

     To strengthen the prevention of child abuse at its source, the Government will allocate an additional provision of $96.9 million from 2025-26 to 2029-30 for setting up four Community Parents and Children Centres on a pilot basis. The Centres will promote parent-child interaction through play-based services and instil positive parenting skills in parents, and render support for families with parenting needs. The four Community Parents and Children Centres will commence operation progressively starting from 2026.

Implementation of Productivity Enhancement Programme (PEP) 
  
     The Financial Secretary has announced in the 2025-26 Budget that the Government would step up the PEP. On the premise that the Comprehensive Social Security Assistance and Social Security Allowance will not be affected, the rate of reduction of recurrent government expenditure will be increased from the original 1 per cent to 2 per cent in 2025-26. This arrangement will be extended for two more years to 2027-28. Taking into account the 1 per cent cut in 2024-25, the cumulative rate of reduction will be 7 per cent in total. After considering various factors and trying the best to redeploy internal resources, the LWB and the SWD rolled out four support measures to assist non-governmental organisations operating subvented welfare services (subvented NGOs) in implementing the PEP, including 
(i) shouldering part of the financial impact on subvented NGOs and exempting multiple items that are subject to reduction in expenditure; 
(ii) increasing subvented NGOs’ flexibility and certainty in utilising the reserves of Lump Sum Grant subvention; 
(iii) reducing the workload of handling cost apportionment; and 
(iv) enhancing Funding and Service Agreements.

     I have met with heads of subvented NGOs immediately after the announcement of the Budget to explain the support measures. I would like to thank the senior management of the subvented NGOs for leading their staff to rise to the challenges, and for working with the Government in a concerted manner to make the best use of public resources to implement the PEP together and continue to provide quality services to the needy.

     Chairman, this concludes my opening remarks. Members are welcome to raise questions.

Source: Hong Kong Government special administrative region

Source: Government of India

Posted On: 09 APR 2025 10:37AM by PIB Delhi

The National Museum, New Delhi, in collaboration with the Nava Nalanda Mahavihara (NNM), Nalanda, and the Light of the Buddhadharma Foundation International, India (LBDFI), hosted the release and screening of two important documentary films at the National Museum Auditorium, New Delhi, on April 8^th or 9^th, 2025.

In the opening address, Professor Siddharth Singh, Vice Chancellor of Nava Nalanda Mahavihara, mentioned that their university is working to raise awareness about the footsteps of the Buddha. These documentary films are part of this initiative. He added that the current ‘in the footsteps of the Buddha’ pilgrimage is limited to a few popular sites, whereas there exists an extensive Buddhacarika (footsteps of the Buddha) that the world is unaware of. Their effort is to increase the scope and span of the Buddhist Pilgrimage.

During the event, Prof. Buddha Rashmi Mani, Director General of the National Museum, delivered the Presidential address. In his speech, Prof. Mani highlighted the significance of preserving and promoting India’s Buddhist heritage. He emphasized the important role these documentaries play in showcasing the rich history of Buddhism and its cultural legacy. Prof. Mani further remarked on the importance of such initiatives for both academic and public awareness.

Ms. Wangmo Dixey, the Executive Director of LBDFI, also spoke at the event, offering her insights on the occasion. She emphasized the significance of the event, highlighting how it represents a crucial step in the nation’s collective effort to preserve and promote the teachings of Buddhism, ensuring that the legacy of this ancient tradition continues to inspire generations to come.

About the Films

Nalanda: A Journey through Time

The documentary Nalanda: A Journey through Time is a groundbreaking film that showcases the unparalleled contributions of Sri Nalanda Mahavihara (Ancient Nalanda University) to the development of Buddhist literature, philosophy, art, and architecture. From the Sth to the 13th centuries, Nalanda played a pivotal role in the spread of Buddhism across Asia. It was a hub fora global exchange of ideas, influencing Buddhist thought, art, and iconography across countries such as China, Korea, Japan, and Tibet.

The film aims to document the critical role Nalanda played in shaping Buddhist traditions and philosophies. It features insightful interviews with Dr. BR Mani, Director General of the National Museum and a renowned Indian archaeologist, along with other subject matter experts, including the former Vice Chancellor of NNM and Ven. Geshe Dorji Damdul, Director of Tibet House, New Delhi. This film was previously showcased at the first edition of The Bodhipath Film Festival, held on March 11, 2025, at the India International Centre in New Delhi.

Gurpã: The Last Footsteps of Mahakasyapa

Gurpã: the Last Footsteps of Mahakasyapa traces the pilgrimage of 25 international monks from Thailand, Cambodia, Laos, Vietnam, and India as they retrace the final journey of Mahakasyapa from Veluvana (Rajgir) to Gurpã Mountain. The film combines documentary storytelling with cinematic techniques to present the sacred walk of the Venerable Mahasangha of the ITCC and the profound significance of Mahäkasyapa’s last journey.

The documentary highlights the historical, prophetic, and spiritual aspects of Mahakasyapa’s life, and the sacredness of Gurpā Mountain, one of the most significant locations in Buddhism. The film underscores the connection between the Buddha’s teachings and the Buddhacarika, the geographical entity encompassing the areas of the Buddha’s sublime wanderings and those of his principal disciples.

Director, Shri Surinder M. Talwar is an acclaimed Indian filmmaker with over 40 years of experience in the audio-visual industry. He has directed a wide range of films, including research-based documentaries, short features, docu-dramas, corporate films, and award-winning music videos. His films have been showcased at various forums, including the United Nations. In recent years, Talwar has focused solely on projects related to Buddhismand Indian Buddhist heritage. His film Buddhism: A Spiritual Journey has won numerous awards both in India and internationally.

This project, conceived by the Light of the Buddha Dhamma Foundation International – India (LBDFI) and the Nava Nalanda Mahavihara (NNM), seeks to revive the 70 km trail that Mahakãsyapa took over 26 centuries ago to reach his final resting place at Gurpã Mountain. The film aims to raise awareness of Mahakasyapa’s contributions to Buddhism and promote the revival of the ancient Cetiya Carikã tradition. This significant documentary will also be showcased at the upcoming United Nations Vesak Celebration 2025.

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Sunil Kumar Tiwari

pibculture[at]gmail[dot]com

(Release ID: 2120275) Visitor Counter : 84

Source: Government of India

Prime Minister Shri Narendra Modi inaugurates the Navkar Mahamantra Divas

Navkar Mahamantra is not just a mantra, it is the core of our faith: PM

Navkar Mahamantra embodies humility, peace and universal harmony: PM

Navkar Mahamantra along with the worship of Panch Parmeshthi symbolises the right knowledge, perception and conduct, and the path leading to salvation: PM

Jain literature has been the backbone of the intellectual glory of India: PM

Climate change is today’s biggest crisis and its solution is a sustainable lifestyle, which the Jain community has practiced for centuries and aligns perfectly with India’s Mission LiFE: PM

PM proposes 9 resolutions on Navkar Mahamantra Divas

Posted On: 09 APR 2025 11:06AM by PIB Delhi

Prime Minister Shri Narendra Modi inaugurated and participated in Navkar Mahamantra Divas at Vigyan Bhawan, New Delhi today. Addressing the gathering, he highlighted the profound spiritual experience of the Navkar Mantra, emphasizing its ability to bring peace and stability to the mind. He remarked on the extraordinary feeling of tranquility, which transcends words and thoughts, resonating deeply within the mind and consciousness. Shri Modi underscored the significance of the Navkar Mantra, reciting its sacred verses and described the mantra as a unified flow of energy, embodying stability, equanimity, and a harmonious rhythm of consciousness and inner light. Reflecting on his personal experience, he shared how he continues to feel the spiritual power of the Navkar Mantra within himself. He recalled witnessing a similar collective chanting event in Bengaluru years ago, which left a lasting impression on him. The Prime Minister highlighted the unparalleled experience of millions of virtuous souls across the nation and abroad coming together in a unified consciousness. He remarked on the collective energy and synchronized words, describing it as truly extraordinary and unprecedented.

Remarking on his roots in Gujarat, where the influence of Jainism is evident in every street, the Prime Minister highlighted how, from a young age, he had the privilege of being in the company of Jain Acharyas. “Navkar Mantra is not just a mantra but the core of faith and the essence of life”, he emphasised. He underlined its significance, which extends beyond spirituality, guiding individuals and society alike. He highlighted that every verse and even every syllable of the Navkar Mantra holds profound meaning. He added that when reciting the mantra, one bows to the Panch Parmeshthi and elaborated on the same. Shri Modi said Arihants, who have attained “Keval Gyan” and guide “Bhavya Jeevas,” embody 12 divine qualities while the Siddhas, who have eradicated eight karmas, attained Moksha, and possess eight pure qualities. He added that Acharyas follow Mahavrat and serve as pathfinders, embodying 36 virtues while Upadhyayas impart knowledge of the Moksha path, enriched with 25 qualities. He further added that Sadhus refine themselves through penance and progress toward Moksha, possessing 27 great qualities. He highlighted the spiritual depth and virtues associated with each of these revered beings.

“One bows to the 108 divine qualities and remembers the welfare of humanity when reciting the Navkar Mantra”, said Shri Modi highlighting that the mantra reminds us that knowledge and action are the true directions of life, with the Guru as the guiding light, and the path emerging from within. He emphasized the teachings of the Navkar Mantra, which inspire self-belief and the initiation of one’s own journey. He stated that the true enemy lies within—negative thoughts, distrust, hostility, and selfishness—and conquering these is the real victory. He underlined that Jainism motivates individuals to conquer themselves rather than the external world. “Self-conquest leads one to become an Arihant”, he added, stating that the Navkar Mantra is not a demand but a path—a path that purifies individuals from within and guides them toward harmony and goodwill.

“Navkar Mantra is truly a mantra of human meditation, practice, and self-purification”, exclaimed the Prime Minister highlighting its global perspective and its timeless nature, which, like other Indian oral and scriptural traditions, has been passed down through generations—first orally, then through inscriptions, and finally through Prakrit manuscripts—continuing to guide humanity even today. “The Navkar Mantra, along with venerating the Panch Parmeshthi, embodies right knowledge, right perception, and right conduct, serving as a path to liberation”, he emphasised. Underlining the importance of the nine elements of life, which lead to completeness, Shri Modi noted the special significance of the number nine in Indian culture. He elaborated on the prominence of the number nine in Jainism, mentioning the Navkar Mantra, nine elements, and nine virtues, as well as its presence in other traditions, such as the nine treasures, nine gates, nine planets, nine forms of Durga, and Navadha Bhakti. He highlighted that the repetition of chants—whether nine times or in multiples of nine like 27, 54, or 108—symbolizes the completeness represented by the number nine. The Prime Minister explained that the number nine is not just mathematics but a philosophy, as it represents completeness. He remarked that after achieving completeness, the mind and intellect stabilize and ascend, free from the desire for new things. Even after progress, one remains rooted in their essence and this is the essence of the Navkar Mantra, he stated.

Underlining that the philosophy of the Navkar Mantra aligns with the vision of a developed India, the Prime Minister reiterated his statement from the Red Fort, emphasizing that a developed India signifies both progress and heritage—a nation that will neither stop nor falter, will reach new heights, yet remain rooted in its traditions. He highlighted that a developed India will take pride in its culture. He emphasized the preservation of the teachings of the Tirthankaras. Recalling the nationwide celebration of the 2550th Nirvana Mahotsav of Lord Mahavir, Shri Modi noted the return of ancient idols, including those of the Tirthankaras, from abroad.  He proudly shared that over 20 Tirthankara idols have been brought back to India in recent years. He highlighted the unparalleled role of Jainism in shaping India’s identity and reaffirmed the government’s commitment to preserving this legacy. Referring to the new Parliament building in New Delhi, describing it as the temple of democracy, he pointed out the visible influence of Jainism. He mentioned the depiction of Sammed Shikhar in the architectural gallery at the Shardul Gate entrance, the Tirthankara idol at the entrance of the Lok Sabha, which was returned from Australia, the magnificent painting of Lord Mahavir on the ceiling of the Constitution Gallery and the depiction of all 24 Tirthankaras together on the wall of the South Building. The Prime Minister remarked that these philosophies guide India’s democracy and provide the right path. He highlighted the profound definitions of Jainism, encapsulated in ancient Agama scriptures, such as “Vatthu Sahavo Dhammo,” “Charittam Khalu Dhammo,” and “Jivana Rakkhanam Dhammo.” He reaffirmed that the government is advancing with the mantra of “Sabka Saath, Sabka Vikas,” inspired by these values.

“Jain literature has been the backbone of India’s intellectual heritage, and preserving this knowledge is a duty”, said Shri Modi, highlighting the government’s decision to grant classical language status to Prakrit and Pali, enabling further research on Jain literature. He emphasized that preserving language ensures the survival of knowledge, and expanding language leads to the growth of wisdom. The Prime Minister noted the existence of centuries-old Jain manuscripts in India, describing each page as a mirror of history and an ocean of knowledge, quoting profound Jain teachings. He expressed concern over the gradual disappearance of many significant texts and mentioned the launch of the “Gyan Bharatam Mission”, announced in this year’s Budget. He shared plans to survey millions of manuscripts across the country and digitize ancient heritage, connecting antiquity with modernity. He described this initiative as an ‘Amrit Sankalp’. “New India will explore possibilities through AI while guiding the world with spirituality”, he stressed.

Highlighting that Jainism is both scientific and sensitive, offering solutions to global challenges such as war, terrorism, and environmental issues through its core principles, the Prime Minister said the Jain tradition’s emblem, which states “Parasparopagraho Jivanam,” emphasises the interdependence of all living beings. He underscored Jainism’s commitment to non-violence, even at the most subtle levels, as a profound message of environmental conservation, mutual harmony, and peace. He acknowledged the five major principles of Jainism and emphasized the relevance of the philosophy of Anekantavada in today’s era. He stated that belief in Anekantavada prevents situations of war and conflict, fostering understanding of others’ emotions and perspectives. He emphasized the need for the world to embrace the philosophy of Anekantavada.

Underscoring that the world’s trust in India is deepening, with India’s efforts and results becoming a source of inspiration, Shri Modi highlighted that global institutions are now looking towards India because of its progress, which opens pathways for others. He connected this to the Jain philosophy of “Parasparopagraho Jivanam,” emphasizing that life thrives on mutual cooperation. He noted that this perspective has raised global expectations from India, and the nation has intensified its efforts. Addressing the pressing issue of climate change, he identified sustainable lifestyles as the solution and highlighted India’s launch of Mission LiFE. He remarked that the Jain community has been living the principles of simplicity, restraint, and sustainability for centuries. Referring to the Jain principle of Aparigraha, he emphasized the need to spread these values widely. He urged everyone, regardless of their location, to become flag bearers of Mission LiFE.

Prime Minister remarked that in today’s world of information, knowledge is abundant, but without wisdom, it lacks depth. He emphasized that Jainism teaches the balance of knowledge and wisdom to find the right path. He highlighted the importance of this balance for the youth, where technology must be complemented by human touch, and skills must be accompanied by the soul. He stated that the Navkar Mahamantra can serve as a source of wisdom and direction for the new generation. 

Shri Modi urged everyone to take nine resolutions after the collective chanting of the Navkar Mantra. The first resolution being ‘Water Conservation’, he recalled the words of Buddhi Sagar Maharaj Ji, who predicted 100 years ago that water would be sold in shops. He emphasized the need to value and save every drop of water. The second resolution is to ‘plant a tree in Mother’s Name’. He highlighted the planting of over 100 crore trees in recent months and urged everyone to plant a tree in their mother’s name and nurture it like her blessings. He also recollected his efforts in Gujarat in this regard to plant 24 trees related to 24 Tirthankaras which could not be completed due to non-availability of few trees. Stressing the importance of cleanliness in every street, neighborhood, and city, urging everyone to contribute to this mission, Shri Modi mentioned ‘cleanliness mission’ as the third resolution. ‘Vocal for Local’ being the fourth resolution, he encouraged the promotion of locally made products, turning them global, and supporting items that carry the essence of Indian soil and the sweat of Indian workers. The fifth resolution is to ‘explore India’ and he urged people to explore India’s diverse states, cultures, and regions before traveling abroad, emphasizing the uniqueness and value of every corner of the country. ‘Adopting Natural Farming’ being the sixth resolution, the Prime Minister referred to the Jain principle of One living being should not harm another and called for freeing Mother Earth from chemicals, supporting farmers, and promoting natural farming. He proposed ‘Healthy Lifestyle’ as the seventh resolution and advocated for a return to Indian dietary traditions, including millets (Shri Anna), reducing oil consumption by 10%, and maintaining health through moderation and restraint. He proposed ‘Incorporating Yoga and Sports’ as the eighth resolution and emphasized making yoga and sports a part of daily life, whether at home, work, school, or parks, to ensure physical health and mental peace. Highlighting the importance of assisting the underprivileged, whether by holding a hand or filling a plate, as the true essence of service, he proposed ‘Helping the Poor’ as the ninth and final resolution. He emphasised that these resolutions align with the principles of Jainism and the vision of a sustainable and harmonious future. “These nine resolutions will infuse new energy into individuals and provide a fresh direction to the younger generation. Their implementation will foster peace, harmony, and compassion within society”, he added.

Noting that the principles of Jainism, including Ratnatraya, Daslakshan, Solah Karan, and the festivals like Paryushan, pave the way for self-welfare, Shri Modi expressed confidence that the World Navkar Mantra Day will continuously enhance happiness, peace, and prosperity globally. He expressed satisfaction at the unity displayed by all four sects coming together for this event, describing it as a symbol of unity, emphasising the importance of spreading the message of unity across the nation. He stated that anyone who chants “Bharat Mata Ki Jai” should be embraced and connected, as this energy strengthens the foundation of a developed India.

Prime Minister expressed gratitude for the blessings of Guru Bhagwants being received at various locations across the country. He extended his respects to the entire Jain community for organizing this global event. He offered his salutations to Acharya Bhagwants, Muni Maharajs, Shravak-Shravikas, and all those participating in the event from across India and abroad. He congratulated JITO for their efforts in organizing this historic event and acknowledged the presence of Home Minister of Gujarat, Shri Harsh Sanghavi, JITO Apex Chairman Shri Prithviraj Kothari, President Shri Vijay Bhandari, other JITO officials, and dignitaries from around the world, extending his best wishes for the success of this remarkable event. 

Background

Navkar Mahamantra Divas is a momentous celebration of spiritual harmony and ethical consciousness that seeks to unite people through the collective chanting of the Navkar Mahamantra—the most revered and universal chant in Jainism. Rooted in the principles of non-violence, humility, and spiritual elevation, the mantra pays homage to the virtues of enlightened beings and inspires inner transformation. The Divas encourages all individuals to reflect on the values of self-purification, tolerance, and collective well-being. 

People from more than 108 countries joined the global chant for peace and togetherness. They participated to foster peace, spiritual awakening, and universal harmony through the sacred Jain chant.

 

 

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MJPS/SR

(Release ID: 2120278) Visitor Counter : 113

Source: Hong Kong Government special administrative region

Source: Government of India

Cabinet approves doubling of Tirupati-Pakala-Katpadi single railway line Section (104 km) in Andhra Pradesh and Tamil Nadu with total cost of Rs.1332 crore

Initiative will improve travel convenience, reduce logistic cost, decrease oil imports and contribute to lower CO2 emissions, supporting sustainable and efficient rail operations

Multi-tracking project will enhance connectivity to approx.400 villages and about 14 lakh population

The project aims to enhance connectivity to Tirupati which is home to the revered Tirumala Venkateswara Temple. The temple receives about 75,000 pilgrims daily, and during auspicious occasions, footfall reaches 1.5 lakh per day

The project will also generate direct employment for about 35 lakh human-days during construction

Posted On: 09 APR 2025 3:06PM by PIB Delhi

The Cabinet Committee on Economic Affairs, chaired by the Prime Minister Shri Narendra Modi, has approved the doubling of Tirupati – Pakala – Katpadi single railway line Section (104 km) in Andhra Pradesh and Tamil Nadu with total cost of Rs.1332 crore (approx.).

The enhanced line capacity will improve mobility, providing enhanced efficiency and service reliability for Indian Railways. The multi-tracking proposal will ease operations and reduce congestion, providing the much-required infrastructural development on the busiest sections across Indian Railways. The project is in line with the Prime Minister Shri Narendra Modiji’s Vision of a New India which will make people of the region “Atmanirbhar” by way of comprehensive development in the area which will enhance their employment/ self-employment opportunities.

The project is result of PM-Gati Shakti National Master Plan for multi-modal connectivity which have been possible through integrated planning and will provide seamless connectivity for movement of people, goods and services.

The project covering three Districts in two States i.e., Andhra Pradesh and Tamil Nadu will increase the existing network of Indian Railways by about 113 Kms.

Along with connectivity to Tirumala Venkateswara Temple, project section also provides rail connectivity to other prominent destinations such as Sri Kalahasti Shiva Temple, Kanipakam Vinayaka Temple, Chandragiri Fort, etc. attracting pilgrims and tourists from across the country.

Multi-tracking project will enhance connectivity to approx. 400 villages and about 14 lakh population.

This is an essential route for transportation of commodities such as coal, agricultural commodities, cement and other minerals etc. The capacity augmentation work will result in additional freight traffic of magnitude 4 MTPA (Million Tonnes Per Annum). The Railways being environment friendly and energy efficient mode of transportation, will help both in achieving climate goals and minimizing logistics cost of the country, reduce oil import (4 Crore Litres) and lower CO2 emissions (20 Crore Kg) which is equivalent to plantation of one Crore trees.

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MJPS/SKS

(Release ID: 2120355) Visitor Counter : 138

Source: Government of India

Posted On: 09 APR 2025 3:09PM by PIB Delhi

The Cabinet Committee on Economic Affairs, chaired by the Prime Minister Shri Narendra Modi, has approved the Construction of 6 lane Zirakpur Bypass starting from Junction with NH-7 (Zirakpur-Patiala) and ending at Junction with NH-5 (Zirakpur-Parwanoo) with a total length 19.2 Km in State of Punjab and Haryana under NH(O) on Hybrid Annuity Mode with a significant step to facilitate integrated transport infrastructure development under the PM Gatishakti National Master Plan principle.

The total capital cost of the project is  Rs.1878.31 crore.

The Zirakpur Bypass starts from the junction with NH-7 (Chandigarh-Bathinda) in Zirakpur and follows the Punjab Government Master Plan in Punjab and terminates at the junction with NH-5 (Zirakpur-Parwanoo) in Panchkula of Haryana, thus avoiding the highly urbanized and congested stretch of Zirakpur in Punjab and Panchkula in Haryana.

The primary purpose of the project is to ease up congestion in Zirakpur, Panchkula and surrounding areas by diverting traffic from Patiala, Delhi, Mohali Aerocity and providing direct connectivity to Himachal Pradesh. The current proposal aims at reducing the travel time and ensuring hassle-free traffic movement in the congested urban section of NH-7, NH-5 and NH-152.

Government has taken up decongestion of Chandigarh, Panchkula and Mohali urban agglomeration with development of road network which would take shape of ring road as indicated in the map. The Zirakpur bypass is an important component of this plan.

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MJPS/SKS

(Release ID: 2120357) Visitor Counter : 116

Source: Government of India

Posted On: 09 APR 2025 3:12PM by PIB Delhi

The Union Cabinet chaired by the Prime Minister Shri Narendra Modi today approved the Modernization of Command Area Development and Water Management (M-CADWM) as a sub-scheme of Pradhan Mantri Krishi Sinchayee Yojana (PMKSY) for the period 2025-2026 with an initial total outlay of Rs.1600 crore.

The scheme aims for modernization of the irrigation water supply network to supply of irrigation water from existing canals or other sources in a designated cluster. It will make robust backend infrastructure for micro-irrigation by farmers from established source to the Farm gate upto 1 Ha with underground pressurized piped irrigation. The use of SCADA, Internet of things technology will be used for water accounting and water management. This will increase the Water Use Efficiency (WUE) at the farm level, increase agriculture production & productivity; and thereby increase the income of farmers.

The projects will be made sustainable by Irrigation Management Transfer (IMT) to the Water User Society (WUS) for management of irrigation assets. The Water User Societies will be given handholding support for linking them with existing Economic Entities like FPO or PACS for five years. The youth will also be attracted to farming, to adopt the modern method of irrigation.

The initial approval is for taking up pilot projects across various agroclimatic zones in the country by challenge funding to the states. Based on the learning’s in design and structuring of these projects, National Plan for Command Area Development and Water Management will be launched starting from April 2026 for the 16th Finance Commission period.

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MJPS/SKS

(Release ID: 2120360) Visitor Counter : 109

Source: Hong Kong Government special administrative region

The following is issued on behalf of the Hong Kong Monetary Authority:
 
The Hong Kong Institute for Monetary and Financial Research (HKIMR), the research arm of the Hong Kong Academy of Finance (AoF), today (April 9) released a new Applied Research report, titled “Financial Services in the Era of Generative AI: Facilitating Responsible Adoption”.
 
This report provides an overview of the evolution of Generative Artificial Intelligence (GenA.I.) and its broader implications for both the financial services industry and financial regulators. The report draws on the findings from a survey and interviews that gathered the views of market participants on the current state of GenA.I. adoption among local financial institutions, the expected trajectory of GenA.I. development in Hong Kong, and the strategies employed for risk management and talent development.
 
The report finds that the adoption of GenA.I. is progressing steadily across the financial services industry in Hong Kong, with 75 per cent of the surveyed financial institutions have already implemented at least one GenA.I. use case, or are currently piloting and designing use cases and exploring potential investment areas. This ratio is expected to increase to 87 per cent within the next three to five years. There are challenges hindering adoption, including concerns regarding model accuracy, data privacy and security, as well as constraints related to resources and talent. However, the emergence of less resource-intensive models and maturing technology, coupled with regulatory engagement, are likely to contribute to the broadening of GenA.I. adoption over time. Based on these findings, the report outlines some considerations aimed at facilitating responsible GenA.I. adoption by the financial services industry in Hong Kong.
 
     “We hope that the findings of this report can help inform best practices for addressing GenA.I. adoption challenges in the financial services industry, and contribute to discussions on responsible innovation and adoption, as well as industry-wide capacity building,” said the Chief Executive Officer of the AoF and Executive Director of the HKIMR, Mr Enoch Fung.
                                                                                                                          
The report is available on the AoF/HKIMR website.
 
About the AoF

The AoF is set up with full collaboration amongst the Hong Kong Monetary Authority, the Securities and Futures Commission, the Insurance Authority and the Mandatory Provident Fund Schemes Authority. By bringing together the strengths of the industry, the regulatory community, professional bodies and the academia, it aims to serve as (i) a centre of excellence for developing financial leadership; and (ii) a repository of knowledge in monetary and financial research, including applied research.
 
About the HKIMR

The HKIMR is the research arm of the AoF. Its main remit is to conduct research in the fields of monetary policy, banking and finance that are of strategic importance to Hong Kong and the Asia region. The Applied Research studies undertaken by the HKIMR are on topics that are highly relevant to the financial industry and regulators in Hong Kong, and they aim to provide insights on the long-term development strategy and direction of Hong Kong’s financial industry.

Source: Hong Kong Government special administrative region