Praful Patel

Praful Patel forced Air India board to buy 40 extra planes, says former CAG

Praful Patel forced Air IndiaNew Delhi, Sept 11 : Former Comptroller and Auditor General of India (CAG) Vinod Rai has claimed that former Union Minister of Civil Aviation Praful Patel had pressurized the Air India board to buy an extra 40 planes.

Rai said that Patel put pressure on the Air India board during his tenure at the Civil Aviation Ministry, which caused the flag carrier to purchase 68 planes instead of the 28 that it was originally to be bought. These extra planes, said Rai, were bought at a cost of Rs 38,000 crore.

Rahul's outburst embarrassing, unfortunate: NCP leader

Praful-PatelKolkata, Sep 28 : Describing as "unfortunate" and "embarrassing" Congress vice president Rahul Gandhi's trashing of the ordinance on convicted lawmakers, union Heavy Industries Minister and NCP leader Praful Patel Saturday said the situation could have been better handled.

"The way the events have come out, what has taken place, is very unfortunate. I think the entire matter could have been handled in a better way. It's embarrassing," Patel told media persons here.

The Nationalist Congress Party leader said only the union cabinet had the right to reverse the decision.

World's largest solar power plant to come up in Rajasthan

Praful-PatelNew Delhi, Sep 21 :  India will build the world's largest 4,000 MW solar project in the western state of Rajasthan.

The ultra-mega green solar power project would be built in two phases in an area close to Sambhar Lake, about 75 km from Jaipur.

The first phase will be of 1000 MW and commissioned in three years - by the end of 2016, says Heavy Industries and Public Enterprises Minister Praful Patel.

Praful Patel hopes guilty will be punished in copter scam

Praful-PatelNew Delhi, Feb 14 : Amid the ongoing war of words between the government and the opposition over the AgustaWestland copter scam, Union Heavy Industries Minister Praful Patel on Thursday said Defence Minister A. K. Antony has already ordered a CBI probe in the matter and the guilty will be punished.

"I have read the Defence Minister''s statement and also saw it on the television. And he has clearly said that a CBI inquiry will be conducted in the matter and nobody found guilty will be spared," said Patel.

BHEL to be categorised as Maharatna

BHEL to be categorised as MaharatnaChennai, Jan 17 : Asian power equipment major Bharat Heavy Electricals Ltd (BHEL) will be accorded Maharatna status with the Committee of Secretaries clearing the proposal, Heavy Industries Minister Praful Patel Wednesday.

Addressing employees of BHEL's boiler plant at Tiruchirapalli, Patel said that BHEL was amongst the finest companies, not only in India but in the world. A company statement quoted the minister as saying that BHEL's 49,000 strong technical, educated and committed workforce hailing from all parts of the country was one of the biggest assets the nation could have.

PSUs asked to either invest their surpluses or give it back to the exchequer

PSUs asked to either invest their surpluses or give it back to the exchequerThe Government wants cash-rich public sector undertakings (PSUs) to either invest their surpluses or give it back to the exchequer as special dividend.

In a meeting with the heads of top 25 PSUs, Prime Minister Manmohan Singh gave a stern message to PSUs that they either would have to invest their surplus funds to reignite economic growth or pay it back to the exchequer.

The top 25 central PSUs are currently sitting on nearly Rs 2.50 lakh crore.

PM Manmohan Singh to meet PSUs’ chiefs today

PM Manmohan Singh to meet PSUs’ chiefs todayAutonomy of public sector units and their disinvestment plans will be discussed in the meeting between the chiefs of the PSUs and Prime Minister Manmohan Singh on Tuesday.

Heavy industry minister Praful Patel said that several PSUs have the capacity to become international players but over-regulation hinders their way.

Mr. Patel also said that some PSUs often complaint that their voice was not heard in the matter of divesting their stakes. The minister added that PSU chiefs' views on disinvestment needed to be heard.

Praful Patel at Kailash kher performance in Delhi

Praful Patel at Kailash kher performance in Delhi

Praful Patel at Kailash kher performance in Delhi

Air India should not have been misused, says Ajit Singh

Air India should not have been misused, says Ajit SinghIndia union Civil Aviation Minister Ajit has said that the Air India should not have been misused in an incidence in which the state-run airline had to deploy a large aircraft just to accommodate the family members of its then political head, Praful Patel in 2010.

Air India ordered to fly a larger aircraft in April 2010 for accommodating then Union civil aviation minister Praful Patel’s family members on a return trip from Bangalore to Maldives, according to files disclosed by the national carrier indicate.

Government undecided over ONGC, BHEL stake sale

Government undecided over ONGC, BHEL stake saleThe government appears to be undecided over the issue of proposed stake sales in public sector units including oil major ONGC and engineering giant BHEL.

A panel of Ministers were unable to take a decision on the issue in a meeting and have decided to meet again to arrive on a final decision on the stake sale, which will help the government get closer to achieving its target of generating Rs. 40,000 crore from disinvestments.

Bids not yet invited for Scooters India: Patel

Bids not yet invited for Scooters India: PatelNew Delhi, Sep 6 : The government Tuesday said it has not yet initiated any procedure for inviting bids for the sick public sector enterprise Scooters India and is working on it.

"I cannot comment on the response for Scooters India as the government has not yet called for any bids," Heavy Industries and Public Enterprises Minister Praful Patel told reporters on the sidelines of an industry event here.

"I will only comment once all the procedures for inviting bids are completed and we receive the same," he added.

Government is planning to sell its entire stake in Scooters India

Heavy Industries Minister Praful Patel has informed that Scooters India may receive the status of a complete private organization. He has indicated that the government is planning to sell its entire stake in this firm. This may helpful to the government’s policy of outright sale of closed PSUs.

As per Mr. Patel, there are several other companies like Scooters India which may be considered for this purpose. The government needs to look after these firms to renovate and reorganize them. This can be done by adapting strategies like disinvestment or some outright sale etc. Patel has informed this on the sidelines of an event organized at AIMA.

He has also added that Scooters India Ltd (SIL) needs to get some fresh capital infusion to sustain in the market.

Patel seeks Rs 2k crore assistance for troubled AI

Praful-PatelFinancially troubled state owned carrier Air India is pitching for central assistance from the government in a bid to ease its debt burden. The government carrier has also employed various cost cutting measures which are however yet to show any positive result.

Union Civil Aviation Minister Praful Patel said that he wrote the government for releasing funds worth 2,000 crore in equity for saving the ailing airline. He hoped that government will soon release funds for the carrier, roiled by losses, a cash crunch, and controversies over appointments.

Jet Airways, Air India Lost Rs 127 Crore Owing To Strikes: Praful Patel

Jet Airways, Air India Lost Rs 127 Crore Owing To Strikes: Praful Patel Air India and Jet Airways have lost Rs 127 crore because of strikes by their staff members since 2009.

Civil Aviation Minister Praful Patel made this declaration on Thursday.

The minister said, "Estimated loss suffered by National Aviation Company of India Limited (NACIL) on account of these strikes was around Rs. 77 crore."

AI on strong recovery path: Praful Patel

AI on strong recovery path: Praful PatelAccording to the Union Minister for Civil Aviation, Praful Patel, our national carrier Air India is undergoing a strong recovery as is evident from its figures of the first quarter of this year. He said that there is no need for any job cuts or wage reduction since the growth plans involve making use of the existing manpower.

In the previous year, the airline got an equity infusion of Rs. 800 crore from the government and with the aim of qualifying for the second round worth Rs. 1200 crore maximum this year, the airline planned to give better performance.

AI on a recover path: Praful Patel

AI on a recover path: Praful PatelAccording to Union Minister for Civil Aviation Praful Patel, the state-owned airline carrier, Air India that has been in troubles for the past couple of years now is now on a path to recovery.

In fact, the minister also pointed out the fact that the figures for the first quarter of the current year show that there has been a strong rebound by the country's national carrier.

While the minister as addressing a press conference after Air India chairman & managing director Arvind Jadhav and his team made a presentation to the board of directors.

Government thinking to form safety board for air crash control

 Government thinking to form safety board for air crash control  To prevent all accidents including air crash, the government is thinking to give total independence to the DGCA as the aviation regulatory body. The Autonomous safety board will be acting similar to the US national safety board
(NTSB) Pattern, where roles of investigator and Regulator will be separate.

Authorities start inquiry in Air India Express crash

Praful PatelAccording to the reports, Indian authorities said on Saturday that they have begun an inquiry into what caused an airliner crash that killed at least 159 and injured seven, three seriously.

The Press Trust of India has reported that the inquiry by the Indian Directorate General of Civil Aviation will be assisted by an Air India team, Civil Aviation Minister Praful Patel said.

It has been reported that Patel told reporters an initial investigation show there was no problem with the 4-year-old runway at Mangalore or the Air India Express jet. The aircraft overshot the runway by about 2000 feet.

Indian soccer sees no long-term impact from Mahindra exit

Praful-PatelThe president of the All India Football Federation (AIFF) Praful Patel has recently said that the Federation believes that there will no long-term on the prospects of the game of soccer with Mahindra United deciding to opt to stay far from the game in times to come.

Patel highlighted the fact that exit of Mahindra has come as a shock to many but it will be only a short-term hurdle and the Indian football will prosper in the coming times.

No long-term impact on Indian soccer: Says Praful Patel

Praful PatelThe All India Football Federation (AIFF) president, Mr. Praful Patel has said that there will be no long term impact on the Indian soccer. He has also revealed that as he is not finding any cause of such disruption in the Indian football due to the recent Mahindra United's decision. Patel has said that Mahindra United's decision to disband won't affect in a long-term.

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