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FM: Present Government to make an extensive social welfare system which will focus primarily on better education system and effective healthcare
Nov 28,2016

The Union Finance Minister Shri Arun Jaitley said that one of the major priorities of the present Government is to make an extensive social welfare system which will focus primarily on better education system and effective healthcare especially for the children, women and senior citizens of the country. He said that as the allocation of resources to the Social Sector by the Government is increasing with time, therefore, the need of the hour is to bring substantial changes in Social sector through better policies and their timely implementation. The Finance Minister Shri Jaitley was speaking during his Third Pre -Budget Consultative Meeting for the Union Budget 2017-18 with the representatives of different Social Sector Groups.

The Finance Minister Shri Jaitley further said that the inclusive growth is high on the priority of the present Government and the Government will take adequate measures to ensure social security for all especially for the vulnerable section of society including the children, women and senior citizens of the country.

Most of the Social Sector representatives gave different suggestions to the Finance Minister for the forthcoming Union Budget 2017-18. Major suggestions include that in the next Budget, allocation to social sector schemes must be increased and a mechanism be established to monitor proper implementation of all such schemes. It was suggested to monitor to ensure that the schools have access to safe drinking water & sanitation. Other suggestions include more focus in the Budget on healthcare for the workers especially those working in mining sector etc. It was also suggested that vacancies of Doctors, nurses and teachers must be filled so that these public services remain unaffected. There is strong need to strengthen DIETS and quality of primary and secondary education in the country. Various suggestions came about increasing allocation on education and healthcare sectors in the upcoming General Budget 2017-18. It was also suggested that all the tobacco products should be highly taxed primarily because of health concerns.

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Indias natural gas production falls 1.4% in October 2016
Nov 28,2016

Indias natural gas production declined 1.4% to 2.76 billion cubic meters (bcm) in October 2016 over a year ago. Natural gas output of ONGC rose 5.7% to 1.94 bcm, but that of private and JV companies dipped 19.4% to 0.57 bcm. Meanwhile, the natural gas production of Oil India also fell 3.4% to 0.25 bcm in October 2016.

Natural gas output declined 4.0% to 18.48 bcm in April-October 2016 over April-October 2015.

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Modi Government released Rs. 118 crore for the year 2016-17 for farm mechanization: Shri Radha Mohan Singh
Nov 28,2016

Union Agriculture and Farmers Welfare Minister, Shri Radha Mohan Singh has said that it is essential to use maximum and best technology available resources in fast changing world and growing world economic competition so that domestic requirement of food grains can be met and export may be promoted.

Agriculture Minister said that farm mechanization has become an important part of crop production, processing and transport but it is facing double challenges in the whole world. The first challenge is to increase the supply of food for growing population and the second is the protection of environment. He said that the challenge of farm mechanization still exists in India. Most of our land holding is a small, therefore, commercial use is not proving beneficial but government ensuring the availability of farm machine- rota vator, blow sprayer, cotton cultivator, cutter and shredder through the establishment of custom hiring centre for those farmers who cannot buy costly farm machines. Four regional farm machinery training and testing institutes have been established in the country which cater to the needs of standard and quality farm machinery and equipments.

Shri Singh informed that farm mechanization sub-mission has been started from 2014-15 for the purpose of promoting farm mechanization in the country by Ministry of Agriculture and Farmers Welfare. The aim of the sub-mission is to promote farm mechanization for small and marginal farmers and to promote farm mechanization where there is less availability of farm machines.

The Minister further said that the Modi government released Rs. 340 crore for this sector in last two years i.e. 2014-16 whereas the previous government released only Rs. 62 crore between 2012-14. Shri Singh said that Centre Government has released Rs. 118 crore for this purpose.

Shri Singh said that food safety, rural employment and soil conservation, sustainable natural resource management and bio-diversity production are essential for sustainable technology and total rural development. Sustainable development of agriculture is required for increase in rural income, doubling the income of farmers and catering to the needs of food and nutrition and farm mechanization plays an important role in it. He said that Brazil, Russia, India, China and South Africa (Five BRICS countries) along with Japan and Turkey are in the category of the markets of modern farm machines.

On the occasion, Agriculture Minister said that the book is good and readers will like it. He said that the officers of Ministry of Agriculture and Officials of FICCI have provided qualitative material for it. He praised social liability council for the publication of this book.

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Indias crude oil refinery output jumps 13% in October 2016
Nov 28,2016

Indias crude oil refinery output increased 13.0% to 20.45 mt in October 2016 over October 2015. The output of public sector refineries improved 20.6% to 11.28 mt, while the output of private refineries also moved up 6.5% to 7.78 mt. However, the refinery output of public-private JV refiners declined 3.7% to 1.38 mt in October 2016.

Among public refineries, the output of Mangalore Refineries jumped 55.4% to 1.30 mt, while the output of Chennai Petroleum Corporation moved up 54.4% to 0.94 mt, and Bharat Petroleum Corporation 24.9% to 2.13 mt in October 2016 over October 2015. The output of Indian Oil Corporation also inched up 17.6% to 5.31 mt, but that of Hindustan Petroleum Corporation declined 3.8% to 1.40 mt, and Numaligarh Refineries plunged 13.5% to 0.20 mt in October 2016.

Among private refiners, the output of Reliance Petroleum fell 8.5% to 6.12 mt, while that of Essar Oil zoomed 166.7% to 1.67 mt in October 2016 over October 2015.

Among JV refineries, the output of Bharat Oman moved up 2.6% to 0.57 mt, but the output of HPCL Mittal fell 7.7% to 0.81 mt in October 2015.

The cumulative refinery output increased 8.1% to 138.49 mt in April-October 2016. The output of public refineries increased 11.3% to 74.10 mt, while that of private refineries moved up 5.3% to 54.92 mt. The refinery output of JV refineries rose 0.5% to 9.47 mt in April-October 2016. Among public refineries, the output of Indian Oil Corporation improved 13.8%, Bharat Petroleum Corporation 7.4%, Hindustan Petroleum Corporation 5.6%, Chennai Petroleum Corporation 19.3%, Numaligarh Refineries 3.2% and Mangalore Refineries 9.8% .

The overall capacity utilization was higher at 107.6% in October 2016 compared with 100.3% in October 2015, while it was also higher at 105.7% in April-October 2016 compared with 104.1% in April-October 2015.

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Draft Model GST Law, Draft IGST Law and Draft Compensation Law placed in the public domain for information of trade, industry and other stake holders
Nov 28,2016

The Draft Model GST Law, Draft IGST Law and Draft Compensation Law which would be considered by the GST Council for approval are placed in the public domain for information of trade, industry and other stake holders. The Draft Model Laws can be accessed at the following websites: www.cbec.gov.in, www.dor.gov.in and www.gst.gov.in

Earlier, the Draft Model GST Law was put in public domain in the month of June, 2016 for comments. A large number of comments were received on the Draft Model GST Law from various stake holders including the trade and industry associations and public.

A Technical Committee of officers from some of the States and the Central Government was constituted to examine the inputs from the stake holders and make suitable amendments in the Draft Model GST Law. The Revised Draft submitted by this Technical Committee on law was further discussed in a meeting held on 21st and 22nd of November, 2016 in Delhi where officers from all States and Central Government were present. The revised and improved version of this Model GST laws shall now be considered by the GST Council for approval on 2nd and 3rd of December, 2016.

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Indias crude oil production declines 3.2% in October 2016
Nov 28,2016

Indias crude oil production declined 3.2% to 3.05 million tonnes (mt) in October 2016 over October 2015. Crude oil output of ONGC fell 1.9% to 1.87 mt, while that of private and joint venture (JV) companies dipped 7.5% to 0.90 mt. However, the crude oil production of Oil India improved 3.6% to 0.28 mt in October 2016. ONGCs offshore output declined 3.2% to 1.37 mt, while onshore production rose 1.7% to 0.50 mt.

Crude oil output fell 3.3% to 21.11 mt in April-October period of the fiscal year ending March 2017 (April-October 2016), snapping marginal 0.1% rise recorded in the corresponding period of last year. Output of ONGC eased 1.9% to 12.90 mt, while that of Oil India declined 1.8% to 1.88 mt and private companies fell 6.4% to 6.33 mt in April-October 2016 over April-October 2015.

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All 4,041 cities/towns asked to shift to cashless transactions; Madhya Pradesh to do so by March next year
Nov 28,2016

As a part of the ongoing efforts to move towards cashless transactions of all kind, the Ministry of Urban Development has asked all the statutory 4,041 Urban Local Bodies to shift to e-payments at the earliest. These cities and towns account for about 75% of the total 40 crore urban population in the country.

Central Governments message to the officials of these 4,041 urban local bodies was conveyed by Shri Rajiv Gauba, Secretary(Urban Development) through interactive video-conferencing. Senior officials of concerned States also participated during the half day long interaction on various aspects of ensuring cashless transactions.

State and city level officials were asked to promote internet banking (RTGS/NEFT), online banking using credit and debit cards for cashless transactions besides using Public Finance Management Systems(PFMS) developed by the Ministry of Financing for fund transfer, accounting and reconciliation up to the level of cities and towns.

Shri Gauba emphasized that all transactions relating to both income and expenditure of urban local bodies needs to be shifted to e-payment mode. These include payment of Property Tax, Professional Tax, all user charges like water and power bills, all kinds of fee and license charges, online booking of community halls, issue and renewal of birth and death certificates, registration of shops and other establishments, enrollment of library membership etc.

Expenditure to be made cashless include payment of salaries and wages to all regular and contractual employees, all contract and work relate payments, procurements, beneficiary payments like social security etc.

City governments were asked to take up necessary infrastructure and capacity building, awareness campaigns for opening of accounts for employees of all categories and their family members.

States have been asked to adopt Public Finance Management systems (PFMS) up to city level to enable transfer, accounting, reconciliation and monitoring of transfer of funds under various government schemes.

To illustrate the transaction volumes, 59 cities have collected tax revenues of Rs.1,722 cr during November so far including dues payable. These include; Ahmedabad-Rs.187 cr, Bhopal-Rs.27 cr, Chennai-Rs.80 cr, Faridabad- Rs.17 cr, Guwahaty-R.s. 14 cr, Hyderabad-Rs.208 cr, Indore-Rs.32 cr, Kakinada (AP)-Rs.20 cr, Kalyan(Maharashtra)-Rs.170 cr, Lucknow-Rs.23 cr, Raipur-Rs.17 cr, Visakhapatnam-Rs.16 cr, Amritsar-Rs.12 cr, Kanpur-Rs.30 cr, Mumbai-Rs.167 cr and New Delhi Municipal Council-Rs.84 cr.

Officials from Madhya Pradesh informed that the major 7 cities have already enabled cashless transactions and all the 378 cities and towns would do so by March next year. Uttar Pradesh and Goa have reported using PFMS up to city level and found it to be very useful.

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RBI announces an incremental cash reserve ratio (CRR) as a purely temporary measure to absorb surplus liquidity
Nov 28,2016

RBI Announces Measures to Manage Liquidity Conditions With the withdrawal of the legal tender status of ₹ 500 and ₹ 1,000 denomination bank notes (hereafter referred to as Specified Bank Notes - SBNs) beginning November 9, 2016, there has been a surge in deposits relative to the expansion in bank credit, leading to large excess liquidity in the system. The magnitude of surplus liquidity available with the banking system is expected to increase further in the fortnights ahead. In view of this, it has been decided to absorb a part of this surplus liquidity by applying an incremental cash reserve ratio (CRR) as a purely temporary measure, as under:

a. The CRR remains unchanged at 4 per cent of outstanding net demand and time liabilities (NDTL);

b. On the increase in NDTL between September 16, 2016 and November 11, 2016, scheduled banks shall maintain an incremental CRR of 100 per cent, effective the fortnight beginning November 26, 2016. This is intended to absorb a part of the surplus liquidity arising from the return of SBNs to the banking system, while leaving adequate liquidity with banks to meet the credit needs of the productive sectors of the economy. As the incremental CRR is intended to be a temporary measure within the Reserve Banks liquidity management framework to drain excess liquidity in the system, it shall be reviewed on December 9, 2016 or even earlier.

c. The Reserve Bank has separately revived the Guarantee Scheme to enable deposit of SBN balances at the Reserve Bank or at currency chests and get immediate value. This measure should also facilitate banks compliance with the incremental CRR.

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Mainstreaming New Coal-based Capacities To Require Market Corrections
Nov 25,2016

Favourable government policies have boosted private investments in power generation over the last decade and resulted in significant capacity additions, says FICCI. From 17 GW in 2006-07, private capacity has moved up to 124 GW in 2015-16, constituting 41% of the total generation portfolio of 302 GW in the country.

To examine the business environment in which the commissioned plants are being operationalised and the new capacities in pipeline to be mainstreamed, FICCI took up a unit-wise analysis of the project shelf of base load generation taken up by Independent Power Producers (IPPs) with coal as fuel. Constraints of Power Purchase Agreements (PPA) as well as Fuel Supply Agreements (FSA) are majorly restricting these plants from approaching the power market and finding buyers, the study reveals. An aberration is that while investments have been made in new generating assets, the IPP industry stands fragmented in various capacity compartments according to their FSA and PPA status with limited or no market access.

The study also shows that 46 GW out of installed capacity of 71 GW of coal-based IPP plants are in operational stress attributable largely to absent FSA and PPA, but also to financial and regulatory issues. Taking together the commissioned and pipeline projects of private developers as at August 2016, aggregate coal-based capacities without FSA and PPA are seen to be in the range of 26-28 GW and 41-43 GW respectively. Market corrections are necessary to optimally utilise these generating assets and avoid stress on the banking system by ensuring the operational cash flows. Meanwhile, financing issues have proved to be the major impediment to progressing with 21 GW of 33 GW projects taken up for construction, further straining the lending operations.

n++Government has been pro-actively addressing the refinancing options of the stressed assets in the economy and new guidelines have been recently issued by RBI to recast the debt restructuring schemes and repayment schedules based on asset-liability management risk. For coal-based IPP generating plants, however, the eco-system of fuel tie-up and market access for selling power will have to concurrently improve if financial re-engineering is to have any effectn++ said Dr. A. Didar Singh, Secretary General, FICCI. While the demand for power will be muted till private investments and industrial activity pick-up momentum, an immediate measure is to liberalise the regime of open access by removing the tariff and non-tariff barriers so that large consumers, when faced with unreliable and high-cost power supply, can procure directly from generators, feels Dr. Singh.

The benefit will be economy-wide as it will support Make in India initiative as has been observed by Economic Survey and will result in reducing the cost of power as the plants with unutilised capacities will be able to spread their fixed costs over a larger base of consumers. The new capacities, when operationalised, will also act as a buffer against old plants which do not meet the current-day emission norms and are to be retired in furtherance of countrys climate change goals.

FICCI also suggests a performance metric to be assigned under the UDAY Scheme so that Discoms can transparently demonstrate the efficacy of their power procurement planning to meet the demand estimates and account for un served loads, if any. However, to maximise fuel supply and supplement CILs coal production, FICCI recommends opening up of the coal sector and ushering in commercial mining, which will also be a Make in India initiative. FICCI had earlier proposed the concept of a Clearing House as a market construct for over-the-counter selling of coal under a system of daily trade monitoring and real time liability and collateral management.

FICCI believes that forward trades via term-ahead contracts for procurement of power combined with voluntary spot purchases at the exchange will generally provide the market fundamentals, but with the advent of renewables, lower Plant Load Factors (PLF) will be the new normal for base load generating stations. In future, inclusion of financial products along with physical trading and capacity contracts will be necessary to enable risk management of output and demand, improve liquidity and secure the revenue streams.

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The Government has approved domestic procurement of 10 lakh tonnes of pulses
Nov 25,2016

The Government has approved domestic procurement of 10 lakh tonnes of pulses consisting of 5 lakh tonnes of pulses from Kharif Marketing Season 2016-17 and 5 lakh tonnes from Rabi Marketing Season 2017-18 for building the buffer.

As on 21 November 2016, a buffer of 638,205.55 MT of pulses, viz. 130,492.33 MT of Chana; 204,030.859 MT of Tur; 143,555.76 MT of Masur; 83,181.792 MT of Urad; and 76,943.81 MT of Moong, have been built through domestic procurement and import contracts. Of the 20 lakh tonnes of buffer stock of pulses approved by the Government, the tentative target is 10 lakh tonne through domestic procurement from farmers and another 10 lakh tonnes from imports.

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Withdrawal of Legal Tender Status of ₹ 500 and ₹ 1000: Exchange Facility at RBI to continue
Nov 25,2016

The Reserve Bank of India advises members of public that exchange of banknotes in ₹ 500 and ₹ 1000 denominations, whose legal tender status has been withdrawn, will continue to be available at the counters of the Reserve Bank upto the current limits per person as hitherto. (However such exchange facility is no longer available at other banks counters).

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An amount of 47040.57 lakh released for Sabla Scheme during 2015-16
Nov 25,2016

The funds under Sabla Scheme of WCD Ministry are released as per actual number of beneficiaries and in accordance with the financial norms laid down under the scheme. While deciding quantum of funds to be released, the past liability/ unspent balance, if any is taken into consideration. Hence, the total utilization in a particular year may appear to be more than the funds released in that financial year. However, the total utilization of funds is always less or equal to the total funds released to States. The details of funds released, utilized and beneficiaries covered during 2015-16 and current year is as under:-

YearTotal Funds (Rs. in lakh)Nutrition Beneficiaries
(in lakh)ReleasedUtilized2015-1647040.5749479.06110.032016-17 (as on 30.06.2016)39516.7513870.9054.50

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NITI Aayog leads initiative to convert 100% Government - Citizen Transactions to the digital platform
Nov 25,2016

In a transformative attempt to weed out black money and corruption from public life, the Government of India has constituted a Committee of Officers to enable 100 per cent conversion of Government - Citizen Transactions to the digital platform.

The Committee, under the leadership of NITI Aayog CEO Mr. Amitabh Kant, will identify and operationalize in the earliest possible time frame user-friendly digital payment options in all sectors of the economy. This is integral part of the Governments strategy to transform India into a cashless economy.

The aim of the committee is to identify various digital payment systems appropriate to different sectors of the economy and coordinate efforts to make them accessible and user-friendly. The committee will also identify and access infrastructural and bottlenecks affecting the access and utility of digital payment options.

To achieve expeditious movement into the cashless, digital payments economy across all States and sectors, it will engage regularly with Central Ministries, regulators, State governments, district administration, local bodies, trade and industry associations etc. to promote rapid adoption of digital payment systems. The attempt is to establish and monitor an implementation framework with strict timelines to ensure that nearly 80 per cent of the transaction in India moves to the digital-only platform. The committee will also attempt to estimate costs involved in various digital payments options and oversee implementation of measures to make such transaction between Government and Citizens cheaper than cash transaction.

The Committee led by NITI Aayog will also implement an action plan on advocacy, awareness and handholding efforts among public, micro enterprises and other stakeholders. That apart, it will organize training and capacity building of various states/UTs, Ministries/Departments of the Government of India, representatives of States/UTs, Trade and Industry Bodies as well as other stakeholders.

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Improving Health Indicators In India
Nov 25,2016

The country has demonstrated reduction in key health indicators such as Infant Mortality Rate, Maternal Mortality Ratio (MMR), Under 5 Mortality Rate. Further, the annual average pace of decline in MMR (for the period 1990 to 2013) was much faster in India (4.5%) as compared to global rate (2.6%).

Additionally, mortality due to various diseases has reduced too. For instance, the Global Burden of Disease (2015) reports a decrease in mortality (between the years 2005 and 2015) on account of lower respiratory infections (by 22.6%), diarrhoeal diseases (by 31.7%), tuberculosis (by 30.7%), neonatal preterm birth (by 39.5%), neonatal encephalopathy (by 31%) and road injuries (by 2.7%).

As per the Global Burden of Disease report for India, the deaths due to self-harm for the period 2005 to 2015 have declined by 3.9%. The Centrally Sponsored Scheme (CSS) National Health Mission (NHM), has two sub-missions, viz. the National Rural Health Mission (NRHM) and the National Urban Health Mission (NUHM). While NRHM was launched in April 2005, launch of NUHM was approved by the Cabinet on 1st May 2013. NHM envisages achievement of universal access to equitable, affordable & quality healthcare services that are accountable and responsive to peoples needs. The main programmatic components include Health System strengthening in rural and urban areas, Reproductive-Maternal-Neonatal-Child and Adolescent Health (RMNCH+A) interventions and control of Communicable and Non-Communicable Diseases. Under NHM, support is provided to the States/UTs to strengthen their health care system based on the requirements posed by them under Programme Implementation Plans. Funds allocated, released and expenditure incurred State/UT wise are given below:

National Health Mission

Statement showing States/UTs wise Allocation, Release and Expenditure during 2013-14 to 2015-16 (Rs in crore)

Sl. No.States2013-142014-152015-16AllocationReleaseExpenditureAllocationReleaseExpenditureAllocationReleaseExpenditure1

Andaman & Nicobar Islands

23.8329.0629.1228.2223.3624.3328.2137.3011.472

Andhra Pradesh

1184.24878.731044.81707.15519.73902.91616.23643.521090.173

Arunachal Pradesh

86.3178.6092.03185.65139.4169.50160.01162.65146.274

Assam

1214.831077.81956.891095.38877.13915.88941.29971.351186.015

Bihar

1487.651110.321480.681292.131148.321427.401108.611159.491621.676

Chandigarh

18.5311.4614.4219.4012.1515.2614.2423.8920.987

Chattisgarh

500.72355.98805.50555.66500.41716.04479.38412.26758.288

Dadra & Nagar Haveli

8.739.239.8313.998.408.5611.3714.3715.549

Daman & Diu

6.486.508.409.696.917.679.1110.5315.6910

Delhi

211.46129.78132.59192.59154.04222.64142.81163.80137.2911

Goa

27.1219.3530.5827.6326.0329.5019.4116.7724.9212

Gujarat

833.94833.72977.48858.47832.86873.66677.65693.781272.4213

Water level of 91 major reservoirs of the country goes down by one percent
Nov 25,2016

The water storage available in 91 major reservoirs of the country for the week ending on November 24, 2016 was 105.209 BCM, which is 67% of total storage capacity of these reservoirs. This was 125% of the storage of corresponding period of last year and 97% of storage of average of last ten years.

The total storage capacity of these 91 reservoirs is 157.799 BCM which is about 62% of the total storage capacity of 253.388 BCM which is estimated to have been created in the country. 37 Reservoirs out of these 91 have hydropower benefit with installed capacity of more than 60 MW.

REGION WISE STORAGE STATUS:-

NORTHERN REGION

The northern region includes States of Himachal Pradesh, Punjab and Rajasthan. There are six reservoirs under Central Water Commission (CWC) monitoring having total live storage capacity of 18.01 BCM. The total live storage available in these reservoirs is 10.84 BCM which is 60% of total live storage capacity of these reservoirs. The storage during corresponding period of last year was 69% and average storage of last ten years during corresponding period was 70% of live storage capacity of these reservoirs. Thus, storage during current year is less than the corresponding period of last year and is also less than the average storage of last ten years during the corresponding period.

EASTERN REGION

The Eastern region includes States of Jharkhand, Odisha, West Bengal and Tripura. There are 15 reservoirs under CWC monitoring having total live storage capacity of 18.83 BCM. The total live storage available in these reservoirs is 15.45 BCM which is 82% of total live storage capacity of these reservoirs. The storage during corresponding period of last year was 61% and average storage of last ten years during corresponding period was 73% of live storage capacity of these reservoirs. Thus, storage during current year is better than the corresponding period of last year and is also better than the average storage of last ten years during the corresponding period.

WESTERN REGION

The Western region includes States of Gujarat and Maharashtra. There are 27 reservoirs under CWC monitoring having total live storage capacity of 27.07 BCM. The total live storage available in these reservoirs is 21.66 BCM which is 80% of total live storage capacity of these reservoirs. The storage during corresponding period of last year was 51% and average storage of last ten years during corresponding period was 74% of live storage capacity of these reservoirs. Thus, storage during current year is better than the storage of last year and is also better than the average storage of last ten years during the corresponding period.

CENTRAL REGION

The Central region includes States of Uttar Pradesh, Uttarakhand, Madhya Pradesh and Chhattisgarh. There are 12 reservoirs under CWC monitoring having total live storage capacity of 42.30 BCM. The total live storage available in these reservoirs is 35.75 BCM which is 85% of total live storage capacity of these reservoirs. The storage during corresponding period of last year was 66% and average storage of last ten years during corresponding period was 63% of live storage capacity of these reservoirs. Thus, storage during current year is better than the storage of last year and is also better than the average storage of last ten years during the corresponding period.

SOUTHERN REGION

The Southern region includes States of Andhra Pradesh, Telangana, AP&TG (Two combined projects in both states) Karnataka, Kerala and Tamil Nadu. There are 31 reservoirs under CWC monitoring having total live storage capacity of 51.59 BCM. The total live storage available in these reservoirs is 21.51 BCM which is 42% of total live storage capacity of these reservoirs. The storage during corresponding period of last year was 35% and average storage of last ten years during corresponding period was 68% of live storage capacity of these reservoirs. Thus, storage during current year is better than the corresponding period of last year but is less than the average storage of last ten years during the corresponding period.

States having better storage than last year for corresponding period are Punjab, Rajasthan, Jharkhand, Odisha, West Bengal, Gujarat, Maharashtra, Uttar Pradesh, Madhya Pradesh, Chhattisgarh, AP&TG (Two combined projects in both states), Telangana and Karnataka. State having equal storage than last year for corresponding period is Uttarakhand. States having lesser storage than last year for corresponding period are Himachal Pradesh, Tripura, Andhra Pradesh, Kerala and Tamil Nadu.

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