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Sikkim to get airport by next year: Minister

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Gangtok: A domestic airport will be built in Sikkim by next December, Minister of State for Culture and Tourism Mahesh Sharma said here on Thursday.

“The airport will be opened in December 2016 and is going to boost the connectivity of the state in a big way,” he told the media after inaugurating the Fourth International Tourism Mart here.

Hosted by the Sikkim government, 27 countries are participating in the mart – a platform to showcase the northeast region’s tourism potential.

He said the airport would be set up in Pakyong, 35 km away from Gangtok.

Sharma also said that in January next year, Prime Minister Narendra Modi would declare Sikkim a fully organic state, which means only organic substances are used for cultivation.

The minister said the central government has released Rs 90 crore for the development of tourism in the state.

“Sikkim is a model tourist state in many ways. It has succeeded in achieving the targets of cleanliness, peace and hospitality. I appreciate its effort in turning the state into a no-smoking, organic, plastic free state,” he said.

Rumptek monastery will be added in the circuit to boost the Buddhist circuit tourism, he added.

The minister said in order to improve air connectivity to the northeastern states, Guwahati airport has been upgraded, while better facilities will be provided at Bagdogra airport as well.

The issue of “road and rail connectivity will be conveyed to the respective ministries and will be addressed soon”, he said.

Chief Minister Pawan Chamling said that they have adopted a holistic approach to the development of the state for the last 20 years.

“We are committed to achieving development goals without compromising natural resources. Our focus is clean air and we have succeeded in making the state completely organic. We have plans to introduce yoga in schools by 2016,” he said.

(IANS)

 

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RBI To Transfer 50,000cr Surplus To The Central Government

The Reserve Bank's income comprises of earnings from foreign and domestic sources, with the major portion being contributed by interest receipts, complemented by relatively small amounts of income from discount, exchange, commission, etc.

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Reserve Bank of India. VOA

The Reserve Bank of India (RBI) on Wednesday said that it will transfer Rs 50,000 crore as surplus to the central government for the year ended June 30, 2018.

The Central Bank which follows the July-June year had transferred Rs 30,659 crore to the government’s coffers for the year ended June 30, 2017.

According to RBI, the decision to transfer the surplus was taken by its Central Board which met here on Wednesday.

The Central Bank which follows the July-June year had transferred Rs 30,659 crore to the government's coffers for the year ended June 30, 2017.
The Central Bank which follows the July-June year had transferred Rs 30,659 crore to the government’s coffers for the year ended June 30, 2017.

The Reserve Bank’s income comprises of earnings from foreign and domestic sources, with the major portion being contributed by interest receipts, complemented by relatively small amounts of income from discount, exchange, commission, etc.

Also Read: RBI Penalty not to have any material impact: IDBI Bank

The RBI Act stipulates that after making provisions for contingencies and corpus funds as defined therein, the balance profit of the apex bank is to be transferred to the central government. (IANS)

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