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Chandigarh, Nov 6 (PTI) The Haryana government is fully prepared to meet the demand for di-ammonium phosphate (DAP) during the Rabi season, state Agriculture Minister Shyam Singh Rana said on Wednesday.

He emphasized that "no acre of land will be left unsown" and farmers will get uninterrupted supply of DAP fertiliser.

Rana said the state government plans to bring a total of 46,495 metric tonnes (MT) of DAP in Haryana between November 3 and November 11. This supply schedule includes daily arrivals, with distribution arranged to meet the seasonal demand of the crucial fertilizer for wheat and other Rabi crops, he said in an official statement.

Notably, opposition Congress leaders in the state have alleged that farmers in several parts of Haryana are grappling with a DAP fertiliser shortage but the government has failed to take appropriate steps to address the issue.

Farmers under the banner of the Samyukta Kisan Morcha (SKM) held a state-level panchayat in Kurukshetra on Tuesday and protested the alleged shortage of DAP fertiliser, 'tardy' paddy procurement and police cases being registered over stubble burning.

Giving information about the current stock of DAP, Rana said the state has a stock of 28,670 tonnes of DAP till November 6. Continuous distribution is going on to deliver the fertilizer to the farmers on time, he said.

Outlining the government's preparedness, the minister said about 70 per cent of the total demand for DAP for the Rabi season has already been met. The season commences from September 24 and continues till March 25, and the government is constantly working to ensure the continuous availability of fertilizers during this period, he said.

Rana appealed to the farmers to avoid panic buying and buy DAP only as per their requirement so that the supply chain remains balanced. PTI SUN MR

New Delhi, Nov 6 (PTI) Labour & Employment Minister Mansukh Mandaviya on Wednesday said that revamping of Shram Suvidha and Samadhan portals will also ensure better service delivery and protection for workers, who are central to India’s workforce.

"Mandaviya chaired a review meeting on revamping of Shram Suvidha and Samadhan portals in New Delhi today", a labour ministry statement said. The revamp aims to make these platforms more efficient, user-friendly, and beneficial for both employers and workers.

During the meeting, Mandaviya stated, "The revamping of Shram Suvidha and Samadhan Portals is focused on efficiency, effectiveness, and ease of use. By upgrading technology and technical features, we are making strides toward a more streamlined compliance process for establishments across the country. This improvement will also ensure better service delivery and protection for workers, who are central to India’s workforce."

These improvements aim to automate routine tasks, including notification alerts, identification of non-compliant establishments, and providing users with guided suggestions for compliance.

The ministry is also focusing on making these portals bilingual to reach a wider audience and create easier access for individuals. The new portals will also offer supportive features such as video and audio tutorials, interactive chat support, among others. PTI KKS KKS MR

New Delhi, Nov 6 (PTI) Airtel Payments Bank has posted a 45 per cent increase in net profit to Rs 11.2 crore for the second quarter ended September 2024, the company said on Wednesday.

The company had registered a net profit of around Rs 7.72 crore a year ago.

The bank said its quarterly revenue grew 58 per cent to Rs 674 crore during the reported quarter on a year-on-year basis.

"These results underscore our position as a key player in the digital banking sector, where we have been the fifth largest mobile bank in India. The rising adoption of our digital solutions and security features has made us India’s first choice for a safe second account. This growth validates the strength of the payments bank model," Airtel Payments Bank MD and CEO Anubrata Biswas said.

Airtel Payments Bank's monthly transacting users (MTU) rose 76 per cent on a year-on-year basis to 102 million in the quarter under review.

The annualised gross merchandise value (GMV) crossed USD 40 billion and customer balances increased by 43 per cent to over Rs 2,950 crore, a statement said. PTI PRS PRS BAL

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Mumbai, Nov 6 (PTI) Hindustan Zinc on Wednesday made a commitment to spend Rs 36 crore towards children's education over the next five years in Rajasthan.

The country's largest zinc producer signed a memorandum of understanding with the state government to upgrade the infrastructure at 72 schools which will benefit 2 lakh students, a statement said.

HZL entered into a pact with the state government to promote 72 government schools.

This commitment follows Vedanta Group's recent announcement of a fresh investment of Rs 1 lakh crore in Rajasthan, it said..

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CapitaLand Investmentgets SGD 131 mn commitment from Japanese partner

*Global real asset manager CapitaLand Investment on Wednesday said it has bagged SGD 131 million capital commitment from a new Japanese capital partner, Daibiru Corporation, for its India private fund called CapitaLand India Growth Fund 2.

Daibiru Corporation will hold a 25 per cent effective stake in the SGD 525 million CIGF2, which invests in Grade A business parks in prime locations across gateway cities in India, as per a statement.

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NSE arm wins award

* The National Stock Exchange on Wednesday said its arm NSE International Exchange has won 'exchange initiative of the year award'.

The award recognizes collaborative initiatives involving regulators, industry bodies, market participants, infrastructure, and other capital market stakeholders, as per an official statement. PTI SID AA

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New Delhi, Nov 6 (PTI) Kalpataru Projects International on Wednesday said that its board has approved a proposal to raise up to Rs 200 crore through the issuance of non-convertible debentures (NCDs) on a private placement basis.

As many as 20,000 NCDs of the face value of Rs 1,00,000 each, aggregating to Rs 200 crore, are proposed to be issued, a BSE filing stated.

According to the filing, the Board of Directors of the company at its meeting held today has approved the issuance of unsecured, rated, listed, redeemable, non-convertible debentures of Rs 200 crores on a private placement basis.

The NCDs are proposed to be listed in the Wholesale Debt Market Segment of BSE Ltd.

The size of the issue is up to Rs 200 crores in one or more tranche(s). PTI KKS KKS BAL

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