Live
- Goa Aces clinch Indian Racing League title
- Study finds how hormone therapy can reshape the skeleton
- High-street fashion players looking at India for manufacturing: Report
- Shreyas Iyer to lead Mumbai as Prithvi Shaw returns for Syed Mushtaq Ali Trophy
- 'Failed to resolve crisis': NPP withdraws support from BJP govt in Manipur
- Chennai: Actress Kasturi Remanded in Custody Until 29th of This Month
- Aaqib Javed likely to become Pakistan's new white-ball head coach
- BJP panel to draft poll charge sheet against AAP govt in Delhi
- Allu Arjun Thanks Fans in Patna, Teases 'Pushpa 2' Release
- Japan to strengthen measures against illegal part-time jobs
Petroleum, chemical region is very much on, says Central Minister Mansukh L Mandaviya
The Petroleum, Chemicals and Petrochemical Investment Region (PCPIR) in AP is progressing well and has started generating employment and investments. This was disclosed by the Union Minister of State for Chemicals and Fertilisers, Mansukh L Mandaviya in reply to a question of YSRCP MP, Vijay Sai Reddy, in the Rajya Sabha,
New Delhi: The Petroleum, Chemicals and Petrochemical Investment Region (PCPIR) in AP is progressing well and has started generating employment and investments. This was disclosed by the Union Minister of State for Chemicals and Fertilisers, Mansukh L Mandaviya in reply to a question of YSRCP MP, Vijay Sai Reddy, in the Rajya Sabha, here on Friday.
The MP asked whether the State government had shelved the PCPIR and if so the reasons be disclosed.
HIGHLIGHTS:
- Union Minister of State for Chemicals and Fertilisers, Mansukh L Mandaviya says in reply to a question of YSRCP MP, Vijay Sai Reddy, in the Rajya Sabha on Friday
- Claims that coronary stents had been included in the National List of Essential Medicines
The Minister ruled it out and said Union government had approved setting up of Petroleum, Chemicals and Petrochemical Investment Region (PCPIR) in the state of Andhra Pradesh (Vishakhapatnam) in February, 2009 and a Memorandum of Agreement (MoA) was signed between Government of India and Government of Andhra Pradesh in October, 2009.
The objective of setting up of Andhra Pradesh PCPIR was to promote investments, boost manufacturing and generate employment in chemical and petrochemical sector.
As informed by the State government of Andhra Pradesh, the committed investment made and employment generated in AP PCPIR, as per the Detailed Project Reports (DPRs) furnished by investors, was approximately Rs 37,000 crore and 93,000 persons respectively, which would be implemented in a phased manner.
As of now, the actual investment made at ground level and employment generated stands at approximately Rs 8,786 crore and 48,000 persons respectively.A fully-operational PCPIR in Andhra Pradesh was likely to generate an investment of Rs 3,43,000 crore.
PCPIR projects have a long gestation period, of around 20-25 years to achieve full potential.The investments in the APPCPIR was a gradual process and it was likely to be accelerated after approval of master plan, Environment Impact Assessment and creation of the required infrastructure.
To another question on whether coronary stents had been included in the National List of Essential Medicines, the Minster's reply was positive and said the prices too were fixed at Rs 7,260 per Bare Metal Stent an Rs 29, 600 for Drug Eluting Stents including metallic DES and Bioreabsorbable Vascular Scaffold/ Biodegradable Stents.
He said a strict monitoring of the availability of stents was also on and the State governments' and the State Drug Departments had been advised to keep a watch on the same
