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Challenging Budget Session for UP Legislature Begins Tomorrow

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The highly anticipated stormy budget session of the Uttar Pradesh legislature is set to begin tomorrow, with the opposition likely to raise several critical issues, including the Mahakumbh stampede, the Milkipur assembly bypolls, and the privatization of the power sector.
On the first day, Governor Anandiben Patel will address a joint session of the legislature at 11 AM.The budget proposals for the 2025-26 fiscal year from the Yogi Adityanath government’s second term will be presented on February 20.

This budget session of the UP Assembly is expected to consist of approximately 11 sittings and will conclude by March 5, following the adoption of the budget proposals.

Leader of the Opposition and SP leader Mata Prasad Pandey stated that the opposition intends to bring attention to the government’s failure to release data regarding the stampede deaths at Kumbh. He mentioned that issues such as the caste census, corruption, crime rates, the privatization of the power department, and the misuse of government machinery during the Milkipur assembly bypolls will also be raised during the session.

SP President Akhilesh Yadav plans to address party legislators this evening to strategize for the upcoming session.

State Parliamentary Affairs Minister Suresh Kumar Khanna affirmed that the government is prepared to discuss all issues raised by the opposition in accordance with House rules.

On Monday, Assembly Speaker Satish Mahana convened an all-party meeting to ensure smooth operations in the house.

The UP government is expected to present the budget on Thursday, with projections suggesting the state budget could exceed Rs 8 lakh crore. In the previous budget session, the UP government approved a budget exceeding Rs 7.66 lakh crore, which included two supplementary budgets.

Sources indicate that discussions regarding the Motion of Thanks to the Governor’s address will begin on February 19, and it may be passed by February 21. Additionally, the state government plans to introduce the ordinances enacted after the winter session in the House and propose bills to replace them during the budget session.

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Odisha Accelerates Industrial Development with ₹1.15 Lakh Crore Projects in Jajpur

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Odisha Chief Minister Mohan Charan Majhi inaugurated and laid foundation stones for 24 industrial projects in Kalinganagar, Jajpur district, with a total investment of ₹1,15,000 crore, aimed at generating 36,000 jobs.

“Today marks a pivotal moment for Odisha. With the launch of these projects worth ₹1.15 lakh crore in Jajpur, we’re not just laying foundations; we’re constructing a future. This will create 36,000 job opportunities, allowing our youth to thrive in their homeland. In just 113 days, we’ve transformed commitments into tangible progress,” CM Majhi stated during his address.

This achievement reflects our government’s determination, commitment, and focus on action over rhetoric. Kalinganagar is now emerging as the economic backbone of a self-reliant Odisha. We reaffirm that Odisha is not only rich in heritage but also brimming with opportunities and industrial excellence.

The 24 projects are strategically situated in Kalinga Nagar, Danagadi, and Badachana in Jajpur district, strengthening the region’s status as a vital part of Odisha’s industrial growth. They encompass crucial sectors including steel, ferro alloys, chemicals, solar energy, refractory materials, automotive components, warehousing, and food processing.

Odisha is cementing its status as one of India’s rapidly growing industrial hubs with these major initiatives. The combined investment of ₹1.15 lakh crore is set to offer employment to 36,000 people, propelling the state’s economic expansion.

Among the launched projects, Tata Steel Ltd’s 5 MTPA Integrated Steel Plant expansion in Kalinga Nagar stands out, with an investment of ₹47,599 crore, expected to create 4,625 jobs. Other significant projects include JSL Group’s petroleum and solar power initiative, worth ₹470 crore, and Abis Exports India Pvt Ltd’s poultry feed plant, projected to generate 850 jobs.

The groundbreaking phase is led by Neelachal Ispat Nigam Limited’s (NINL) ₹61,769 crore steel plant expansion, expected to become one of the largest steel manufacturing units in the area, yielding 14,000 direct employment opportunities.

Collectively, these 24 projects not only introduce foreign investment and advanced technologies to Odisha but also catalyze job creation, foster MSME collaboration, and promote downstream industrial growth in the region, officials noted.

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NALCO Prioritizes Timely Completion of Strategic Project Expansions

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National Aluminium Company Limited (NALCO), a Navratna CPSE under the Ministry of Mines, has achieved a significant milestone for the financial year 2024–25, heralding a new phase of operational excellence and strategic expansion.

This remarkable achievement highlights the company’s resilience, operational prowess, and steadfast commitment to value creation.

According to the audited financial results released yesterday, NALCO has reached an unprecedented financial landmark, recording its highest-ever net profit of ₹5,325 crore, reflecting a robust year-on-year increase of 158%. The company also reported its all-time highest revenue from operations amounting to ₹16,788 crore for FY 25.

Addressing employees regarding this extraordinary achievement, Brijendra Pratap Singh, CMD of NALCO, expressed heartfelt congratulations. He emphasized that this record-breaking performance exemplifies the power of teamwork, prudent financial management, commitment, and alignment with NALCO’s strategic vision. This accomplishment is a source of pride not just for NALCO, but also for every employee, valued stakeholders, the Ministry of Mines, the Government of India, and the state of Odisha.

Reinforcing NALCO’s commitment to sustainable long-term growth, Singh noted that while this year’s exceptional performance was bolstered by favorable alumina and aluminium prices, enduring success relies on agility, operational excellence, and consistent high performance. He highlighted key strategic initiatives aimed at driving NALCO’s next growth phase, including the 5th Stream expansion of the Alumina Refinery, operationalization of the Pottangi Bauxite Mines, and the proposed expansion of the existing Smelter Plant and Captive Power Plant.

“These forward-looking projects will create a strong foundation for sustainable and resilient growth, further solidifying NALCO’s leadership in the global aluminium industry,” he stated.

Senior leadership, including Sadashiv Samantaray (Director, Commercial), Pankaj Kumar Sharma (Director, Production), Jagdish Arora (Director, P&T), Dr. Tapas Kumar Pattanayak (Director, HR), and Pranab Jyoti Nath (CVO), were present to acknowledge the collective efforts at NALCO and extend their congratulations to the team for maintaining a competitive edge in performance and productivity.

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KNR Constructions Banned by Centre Following NH-66 Collapse in Kerala

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The Union Ministry for Road Transport and Highways has suspended KNR Constructions, the contractor linked to the collapse of the elevated NH 66 under construction in Kooriyad, Malappuram. The consulting firm Highway Engineering Consultant (HEC) has also been banned in connection with this incident.

An expert team from the NHAI inspected the site of the collapsed retaining wall on NH 66 on Monday. The team, featuring Dr. Anil Dixit from Jaipur and Dr. Jimmy Thomas from Kochi, performed a preliminary assessment of the affected areas, which include both the main highway and the service road.

According to initial findings, no issues were detected in the construction of the protective wall made of cement blocks. Dr. Jimmy Thomas stated that “the preliminary conclusion indicates a soil-related problem.”

“A comprehensive analysis of various factors, including soil composition, road design, and construction methods, is necessary. Only after a detailed investigation can we determine the exact cause,” he emphasized.

In addition to Kooriyad, multiple other sections of roads under the NH 66 widening project have experienced collapses and cracks in northern Kerala. On Wednesday, residents protested at the NH construction site in Kuppam, Kannur, following two landslips reported in a single day.

In Kasaragod, a 72-foot crack appeared on the NH near Mavungal, close to another crack discovered the previous day. The service road near Kooliyangal in Kanhangad also collapsed, raising concerns over the quality of roadwork in the region.

The Youth Congress staged a protest march in Kooriyad on Wednesday, led by state leaders including Abin Varkey, demanding accountability from KNR Constructions Ltd for alleged negligence.

Meanwhile, Kozhikode MP M.K. Raghavan has written to Union Minister for Road Transport and Highways Nitin Gadkari, urging immediate action to address these issues before the monsoon season. “In many areas of Kozhikode, hills have been cleared unsafely for road construction,” he noted.

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