Month: June 2024

Exploring Prop Trading Platforms: Learning Opportunities in Forex and Crypto Markets

 Exploring prop trading platforms will reveal numerous
learning opportunities in Forex and Crypto markets. You’ll benefit from higher
profit potential and sophisticated tools. The Forex market has a daily trading
volume exceeding $6 trillion, requiring you to understand currency pair
dynamics and session influences. In the Crypto market, grasp the significance
of blockchain technology and market capitalization. Choosing the right firm
involves evaluating risk management strategies and profit sharing models. Effective
risk management, essential trading tools like MetaTrader 4, and rigorous
strategy development will enhance your trading acumen. Dig deeper to uncover
detailed insights for maximizing your potential.

What Is Prop Trading?

Prop trading, or proprietary trading, involves firms
investing their own capital in financial markets to directly generate profit,
rather than earning from client commissions. Originating in the 1980s, prop
trading has evolved significantly with technological advancements enabling
high-frequency trading and algorithmic strategies. Understanding the regulatory
landscape is crucial as rules vary by jurisdiction but generally focus on
ensuring market stability and transparency. For instance, the Volcker Rule under
the Dodd-Frank Act restricted prop trading by banks in the U.S. after the 2008
financial crisis, aiming to reduce risk and prevent conflicts of interest. In
Europe, the Markets in Financial Instruments Directive (MiFID II) imposes
stringent reporting and transparency standards on trading activities,
influencing how Prop Trading Platforms operate by emphasizing
compliance and robust risk management practices.

Benefits of Prop Trading

Prop trading offers significant advantages:

●     
Higher
Profit Potential: By leveraging the firm’s capital, prop traders can
achieve returns up to 20% higher than typical retail traders.

●     
Enhanced
Control Over Strategies: Prop traders enjoy autonomy to tailor trading
strategies, fostering deeper market understanding and sharpening
decision-making skills.

●     
Access to
Advanced Tools: Prop trading firms provide access to sophisticated
analytics platforms, real-time data feeds, and risk management software,
enhancing trading efficiency.

●     
Psychological
Resilience: The high-stakes environment cultivates resilience, teaching
traders to manage stress, adapt quickly to market changes, and maintain focus—a
critical skillset for long-term success.

Forex Market Basics

The forex market, boasting a daily trading volume
exceeding $6 trillion globally, revolves around currency pairs and distinct
trading sessions across major financial hubs.

Currency Pair Dynamics

Currency pairs like EUR/USD or GBP/JPY reflect the
relative value between two currencies, denoted by exchange rates. Fluctuations
in these rates are influenced by economic indicators, geopolitical events, and
market sentiment. Traders track these changes using tools such as moving
averages, Bollinger Bands, and the Relative Strength Index (RSI) to inform
their strategies.

Market Trading Sessions

The forex market operates continuously, segmented into
four primary trading sessions: Sydney, Tokyo, London, and New York. Each
session’s unique timing impacts market liquidity and volatility, with peak
activity during overlapping periods like the London-New York session overlap
from 1 PM to 4 PM GMT. Understanding these sessions helps traders optimize
trading strategies and manage risk effectively.

Mastering these fundamentals equips traders to navigate
the dynamic forex market with precision and confidence.

Crypto Market Fundamentals

Understanding the crypto market involves key
principles: blockchain technology, market capitalization, and trading volumes.

Blockchain Technology

Blockchain serves as the secure, decentralized ledger
for cryptocurrencies, ensuring transparent transactions across a network of
computers. This structure minimizes fraud risks and enhances trust among users.
Digital wallets are essential for storing and managing cryptocurrencies
securely.

Market Capitalization

Market cap measures the scale and maturity of
cryptocurrencies, calculated by multiplying total supply by current price. High
market cap coins like Bitcoin and Ethereum tend to offer stability, while lower
cap alternatives may be riskier but potentially more rewarding.

Trading Volumes

Trading volumes reflect liquidity and interest in a
cryptocurrency. High volumes indicate active market participation and
contribute to accurate price discovery. Conversely, low volumes can lead to
higher volatility and less predictable price movements.

These fundamentals provide insights into navigating the
dynamic crypto market landscape effectively.

Choosing a Prop Trading Firm

Choosing a prop trading firm involves careful
evaluation of funding and capital allocation policies, risk management
strategies, and profit sharing models.

When assessing funding, consider the origin of
funds—whether internal, from external investors, or a combination.
Understanding equity allocation policies is crucial to foresee how much of your
earnings you can retain versus what the firm takes. Evaluate whether capital
allocations are fixed or performance-based, and ascertain if the firm offers
scalability options as your trading performance improves.

In terms of risk management, focus on the firm’s
position sizing guidelines and stop loss policies. Look for clear protocols
that limit your exposure per trade and enforce disciplined exit strategies to
mitigate potential losses. Assess whether the firm provides robust tools and
resources for real-time risk assessment and analytics, and seek out educational
support on effective risk management strategies.

Regarding profit sharing, examine the equity
distribution model—whether it’s a fixed percentage or tiered structure.
Understand the timing of profit allocations—whether they occur monthly,
quarterly, or upon reaching specific performance thresholds. Additionally,
clarify how the firm handles losses—whether they deduct losses from your equity
share or absorb initial losses up to a predefined limit.

Choosing the right prop trading firm involves weighing
these factors carefully to align with your trading objectives and maximize your
potential earnings in the Forex and crypto markets.

Risk Management Techniques

Effective risk management in prop trading involves
several key techniques to minimize losses and sustain profitability. Position
sizing is crucial, determining how much capital to allocate per trade based on
your risk tolerance. For example, risking 1% of your trading capital per trade
involves calculating the position size by dividing the dollar amount at risk by
the distance between your entry and stop loss points.

Stop losses are essential tools that automatically exit
positions when the market moves against you by a predefined amount. This
strategy helps mitigate emotional decision-making and limits potential losses,
aligning with data showing improved risk-adjusted returns with their consistent
use.

Diversification across asset classes, such as Forex and
crypto, is another vital technique. Analyzing historical volatility and
correlations between assets informs portfolio optimization, spreading risk more
effectively.

By implementing these disciplined risk management
techniques, prop traders can enhance their risk-adjusted returns, bolster
trading strategies, and sustain profitability over the long term.

Essential Trading Tools

Mastering risk management techniques is crucial, but
equipping yourself with essential trading tools further enhances
decision-making and execution efficiency. Charting software, like TradingView
and MetaTrader 4, offers real-time data visualization to pinpoint trends, price
movements, and entry/exit points in volatile Forex and crypto markets. These
platforms also provide customizable charts and extensive indicators.

Integrating backtesting tools into your toolkit is
equally essential. Platforms such as Amibroker and Forex Tester enable you to
test trading strategies against historical data without risking capital. This
process refines strategies, enhances predictive accuracy, and identifies
strengths and weaknesses, ensuring informed decision-making.

Both charting software and backtesting tools are
indispensable for maximizing efficiency and profitability in trading. They
establish the analytical foundation and practical insights necessary for
success in dynamic Forex and crypto markets. Mastering these tools
significantly enhances your trading experience and performance.

Strategy Development

Developing a strong trading strategy relies on
analyzing historical data, identifying patterns, and adapting to market
conditions with precision. Begin by gathering comprehensive historical data
relevant to your chosen Forex or crypto markets. This data serves as the basis
for backtesting, a crucial step in validating your strategy before live
trading.

Utilize software tools to simulate trades using
historical data, ensuring your strategy can handle diverse market scenarios.
Carefully select indicators that align with your trading objectives, such as
moving averages for trend analysis or the Relative Strength Index (RSI) for
identifying overbought or oversold conditions.

While combining multiple indicators can provide deeper
insights into market trends, avoid overfitting, which may yield unreliable
outcomes. Continuously refine your strategy by analyzing key performance
metrics like win rate, average return, and maximum drawdown. This data-driven
approach enables informed adjustments that strengthen your strategy over time.

Real-World Trading Experience

Once you’ve refined your strategy through rigorous
backtesting, gaining real-world trading experience is essential to validate its
effectiveness under live market conditions. Real-world trading introduces
variables like slippage, transaction costs, and emotional pressure, which
aren’t replicated in backtesting.

Mentorship programs can be invaluable at this stage,
offering insights from experienced traders to help navigate market nuances and
refine your strategy further. Developing psychological resilience is crucial in
real-world trading; studies show that managing emotions significantly improves
performance. Skills like stress management, discipline, and avoiding impulsive
decisions are essential for maintaining a consistent trading plan.

Additionally, prop trading platforms often provide
real-time analytics and performance reviews, allowing you to objectively assess
the effectiveness of your trades. Detailed reports can highlight areas for
improvement, such as timing of entries/exits and risk management strategies.

Conclusion

By delving into prop trading platforms, you’ll gain
invaluable experience in both forex and crypto markets. You’ll benefit from
thorough risk management techniques, essential trading tools, and strategic
development insights.

Evaluating prop trading firms carefully guarantees you
pick the right one to maximize your learning opportunities. Your analytical
approach will be honed through real-world trading experiences, enabling you to
make data-driven decisions.

Ultimately, this hands-on exposure will sharpen your
trading acumen, paving the way for future success.

Master the Magic: A Step-by-Step Guide to Using Your Wand Shoots Fire

AD_4nXf2e_Dn6XLQnbvkgxINEGmxH3gxinV0WnNhxWlS9kJ111ESeGRwwzfBKVnPKs3PlnxILCHYg7zC1syL9Z8RTaZZgmUpp4W_e8DaQ5lXWOfHlr9zt3eIhjW4PThASgqHJP8hC6ENtiBzB2DrHDTst540_rg?key=qK7hFZ4sNmOlmxefqIlSKQ

Welcome to the world of magic and enchantment! If you’ve ever dreamt of casting spells and shooting fireballs like your favorite wizards, you’re in the right place. The fireball throwing wand is not just a magical prop; it’s a gateway to experiencing the thrill of spellcasting. Let’s dive into how you can master this magical tool.

Understanding the Basics of Your Wand Shoots Fire

Before you start casting spells, it’s crucial to understand the fundamentals. This section covers the essential components and functions of the Wand Shoots Fire.

Components of the Wand Shoots Fire

Get to know the various parts of your wand, from the grip to the nozzle. Understanding each component will help you handle the wand with confidence. The grip ensures you have a firm hold, while the nozzle directs the fireball accurately.

How the Wand Shoots Fire Works

Learn the mechanics behind this magical device. Knowing how it operates will make your spellcasting experience smoother and safer. The wand uses a combination of compressed air and ignition to create a realistic fireball effect.

Preparing for Your First Spellcast

Preparation is key to successful spellcasting. This section will guide you through the steps to get ready for your first fireball.

Safety Precautions

Magic can be dangerous if not handled correctly. Here’s how to ensure your safety and the safety of those around you when using your Wand Shoots Fire. Always wear protective gear and keep a fire extinguisher nearby.

Setting Up Your Space

Creating a safe and controlled environment is crucial. Learn how to set up your spellcasting area to avoid accidents. Clear the area of any flammable materials and ensure you have plenty of space to move around.

Mastering Basic Fireball Casting

Now that you’re prepared, it’s time to cast your first fireball. Follow these steps to master the basic fireball spell.

Step-by-Step Guide to Casting a Fireball

A detailed guide to help you cast your first fireball successfully. From stance to incantation, we cover it all. Stand with your feet shoulder-width apart, hold the wand firmly, and speak the incantation clearly while focusing your energy.

Common Mistakes and How to Avoid Them

Avoid the pitfalls that many beginners face. Learn about common mistakes and how to correct them. Common errors include not holding the wand properly, mispronouncing the incantation, and losing focus.

Advanced Techniques for Spellcasting

Once you’ve mastered the basics, it’s time to take your spellcasting to the next level.

Enhancing Your Fireball

Learn how to make your fireballs bigger, brighter, and more impressive. Techniques include increasing the air pressure and fine-tuning your incantation for maximum effect.

Combining Spells

Combine your fireball with other spells to create unique magical effects. Experiment with adding wind or water elements to create spectacular displays.

Maintenance and Care of Your Wand Shoots Fire

Your wand requires proper care to function correctly. This section covers everything you need to know about maintaining your wand.

Cleaning Your Wand

Step-by-step instructions for cleaning your wand to ensure it remains in top condition. Regular cleaning prevents buildup that can affect performance.

Troubleshooting Common Issues

Solutions to common problems you might encounter with your wand. Issues like misfires or weak fireballs can often be fixed with simple adjustments.

The Cultural Impact of the Wand Shoots Fire

The Wand Shoots Fire has made a significant impact on modern culture. This section explores its influence and popularity.

Influence in Pop Culture

From movies to fan conventions, discover how the Wand Shoots Fire has become a cultural phenomenon. It’s a favorite at cosplay events and magic shows, bringing a touch of realism to fantasy.

Real-Life Stories of Magic and Enchantment

Read about real-life experiences and stories from people who have used the Wand Shoots Fire. These anecdotes highlight the joy and excitement it brings to users.

Customizing Your Wand Shoots Fire

Make your wand uniquely yours with these customization tips.

Personalizing Your Wand

Ideas for personalizing your wand to reflect your style and personality. Add decorations, paint, or engravings to make it stand out.

Adding Magical Enhancements

Learn about magical enhancements that can be added to your wand for more powerful spells. Enhance your wand with runes or crystals to boost its magical properties.

Conclusion

The Wand Shoots Fire is a magical tool that brings the world of spellcasting to life. With proper knowledge and practice, you can master the art of fireball casting and create magical moments that will amaze and enchant. Whether you’re a beginner or an experienced wizard, this guide will help you unleash your inner magic. You can buy your fire shooting magic wand at wandshootsfire.com.

Publishing a Book Chapter with Edupedia Publications Pvt Ltd: A Comprehensive Guide

Daily writing prompt
What are you passionate about?
View all responses

In the evolving landscape of academic and professional publishing, contributing a book chapter has become an esteemed avenue for sharing knowledge, research findings, and innovative ideas. One platform that offers opportunities for such contributions is Edupedia Publications Pvt Ltd, a prominent name in the field of academic publishing.

Photo by Andrius La Rotta on Pexels.com

Overview of Edupedia Publications Pvt Ltd

Edupedia Publications Pvt Ltd, often referred to as Pen2Print, is an established publisher specializing in academic and scholarly content. The company provides a variety of publishing services, including books, research papers, journals, and conference proceedings. Known for its commitment to quality and accessibility, Edupedia aims to disseminate knowledge to a broad audience, including students, researchers, and professionals worldwide.

Why Publish a Book Chapter?

Publishing a book chapter can significantly bolster your academic credentials and professional reputation. It allows you to:

  1. Reach a Broader Audience: Your work can reach readers globally, extending beyond the confines of journal publications.
  2. Contribute to a Specific Field: Book chapters often focus on niche topics, providing a platform to delve deeply into specific areas of interest or research.
  3. Collaborate with Peers: It opens opportunities for collaboration with other experts in your field.
  4. Enhance Your CV: Adding a book chapter to your list of publications is a notable academic achievement.

How to Publish a Book Chapter with Edupedia

1. Identify Your Niche and Proposal

Before starting the publication process, identify a niche or topic you are passionate about and knowledgeable in. Draft a proposal outlining your chapter’s objectives, relevance, and how it fits within the broader theme of the book.

2. Submission Process

  • Contact Edupedia: Visit Edupedia’s website and reach out to their editorial team. You can inquire about ongoing projects or propose a new book idea.
  • Submit Your Proposal: You may need to submit a detailed chapter proposal or a complete draft. Ensure your proposal is well-structured and clearly communicates the value of your contribution.

3. Editorial Review

Once submitted, your proposal or chapter draft will undergo an editorial review process. The review aims to assess the content’s relevance, originality, and quality. Feedback may be provided, and revisions could be necessary.

4. Final Submission

After incorporating feedback and making necessary revisions, you will submit the final version of your chapter. This submission should adhere to Edupedia’s formatting guidelines, which typically include specific requirements for text layout, references, and figures.

5. Publication and Distribution

Upon acceptance, your chapter will be included in the book, which will then be published and made available through various channels. Edupedia ensures wide distribution across libraries, academic institutions, and online platforms, increasing the visibility and impact of your work.

Benefits of Publishing with Edupedia

1. Wide Reach and Impact

Edupedia Publications Pvt Ltd has a robust distribution network that includes major academic databases and libraries. This ensures that your work reaches a diverse and extensive audience, enhancing the potential impact of your research.

2. Professional Support

The editorial and publishing teams at Edupedia provide comprehensive support throughout the publishing process, from manuscript preparation to final publication. This includes editing, formatting, and marketing services, ensuring your work meets high standards of quality and accessibility.

3. Accessibility and Open Access Options

Edupedia supports open access publishing, which allows your work to be freely accessible to readers worldwide. This can significantly increase the visibility and citation of your work.

4. Author Recognition

Publishing with Edupedia comes with the benefit of author recognition in the academic community. Contributors are often invited to participate in future projects and conferences, providing ongoing opportunities for academic and professional development.

Tips for a Successful Chapter Submission

  • Focus on Originality: Ensure your chapter presents original research or a novel perspective on the topic.
  • Adhere to Guidelines: Follow the publisher’s submission and formatting guidelines meticulously to avoid delays.
  • Engage with the Theme: Make sure your chapter contributes meaningfully to the book’s overarching theme.
  • Be Open to Feedback: Constructive criticism is part of the process. Use it to enhance the quality of your work.

Conclusion

Publishing a book chapter with Edupedia Publications Pvt Ltd is a valuable opportunity for academics and professionals seeking to share their knowledge and contribute to their fields. By following the outlined steps and leveraging Edupedia’s comprehensive support, you can ensure your work reaches a wide audience and makes a lasting impact.

For more information and to start your publishing journey, visit Edupedia Publications Pvt Ltd.

ATL Tinkerpreneur 2024: Atal Innovation Mission calls for applications

 The Atal Innovation Mission (AIM), NITI Aayog, is pleased to announce the commencement of applications for the prestigious ‘ATL Tinkerpreneur 2024’- a flagship summer boot camp under AIM’s Atal Tinkering Labs program. This boot camp is now open to all schools across India including non ATL schools.

ATL Tinkerpreneur 2024 promises to be a transformative experience for participating students. Over a span of 40 days, from June to July, participants will embark on a virtual journey aimed at equipping them with essential digital skills and frameworks. By the end of the boot camp, students will have the tools and knowledge to conceptualize and develop their own online ventures.

The impact of ATL Tinkerpreneur is evident from its previous editions, which saw over 5000 team innovations. Notably, the top 100 teams from the last edition received coveted internship and funding opportunities from the prestigious Indian School of Business (ISB).

Registered teams will benefit from dedicated mentoring throughout the boot camp period by AIM’s dedicated mentors across the country under ‘Mentor India Initiative’. From June 20th to July 25th, students can engage in expert sessions covering digital, product, and entrepreneurship skills, supplemented by tailored handholding sessions for a more focused approach.

In an effort to enhance the participant experience this year, ATL Tinkerpreneur 2024 introduces several exciting additions. These include the Tinkerpreneur Comic Book series, designed to inspire and motivate, as well as flashcards for easy concept revision. Developed by TinkerChamps, a student-led non-profit club comprising 23 accomplished ‘tinkerpreneurs’, these enhancements promise a dynamic and enriching learning environment.

Mission Director AIM Dr. Chintan Vaishnav expressed his enthusiasm for the program, stating, “This is an exciting moment for all of us as.  We have seen some brilliant innovations in the previous three editions.  For students, ATL Tinkerpreneur is a great platform to traverse the journey from thought to implementation. I am especially delighted that we are partnering with TinkerChamps; what can be better than engaging services of our own Tinkerpreneur community”

Interested students are encouraged to register for ATL Tinkerpreneur 2024 via the provided link https://aimapp2.aim.gov.in/atp2024/index.php before the deadline on June 18, 2024.  For detailed brochure, click here  https://aim.gov.in/pdf/Tinkerpreneur-2024-Brochure.pdf.

 

***

Shri Gajendra Singh Shekhawat assumes charge of Ministry of Tourism

 Shri Gajendra Singh Shekhawat took charge as Union Minister of Tourism, here today. Secretary, Ministry of Tourism Ms. V. Vidyavathi,along with other senior officials of the ministry, welcomed the Minister.

Shri Shekhawat was briefed by senior officials of the Ministry of Tourism about the schemes and initiatives of the ministry. Speaking on the occasion Shri Shekhawat expressed his gratitude that he has been given this responsibility of globally showcasing Bharat and inviting the world to our country.  “As PM Shri Narendra Modi has emphasized through his various visits and words about our tourism potential, we will work towards enhancing the same, highlighting our various natural and cultural heritage sites from Kashmir to Kanyakumari”, added the minister

***

Shri Jayant Chaudhary assumes charge as Minister of State (IC) for Ministry of Skill Development & Entrepreneurship

 Shri Jayant Chaudhary assumed charge as Minister of State (Independent Charge) for Ministry of Skill Development & Entrepreneurship (MSDE) at Kaushal Bhawan, New Delhi, today. On his arrival , Shri Chaudhary was received by the Secretary, MSDE, Shri Atul Kumar Tiwari, and other senior officials of the Ministry.

 

Image 

 

He expressed his gratitude to Prime Minister Shri Narendra Modi for the trust placed in him and said that he would play his part in the Ministry, which is vital for the nation as it charts its course as a leader of the global economy.

Speaking on the occasion, Shri Chaudhary said that India with its vast and youthful population needs to be empowered with skilling, reskilling, and upskilling opportunities to fulfil their aspirations. This aligns perfectly with the vision of Prime Minister Shri Narendra Modi of a Viksit Bharat, a developed India, where every citizen has the opportunity to thrive and contribute to our nation’s prosperity, he added. He also emphasized that there is a constant need for new and industry-aligned skills in all walks of life, and the Ministry’s perpetual efforts will make a tangible impact on the skilling and employment landscape.

The Ministry is committed to implementing strategic initiatives that bridge the skills gap including flagship schemes such as Pradhan Mantri Kaushal Vikas Yojana (PMKVY), National Apprenticeship Promotion Scheme (NAPS); with a continued focus on enhancing employability and fostering entrepreneurship. By embracing digital technologies, enhancing infrastructure, and promoting inclusive education, MSDE aims to empower individuals with the skills and knowledge needed to thrive in a rapidly evolving job market. It focuses on swiftly enforcing high-impact initiatives that demonstrate our dedication to immediate and tangible progress.

Shri Jayant Chaudhary is an advocate for implementing programs and launches that integrate the deprived into the mainstream of development to ensure continued growth and development across sectors and the country at large.

He also brings with him a wealth of experience and a deep commitment to the welfare of the people. He was a member of the Standing Committee on Commerce, the Consultative Committee on Finance, the Indian Council of Agricultural Research (ICAR), and the Committee on Government Assurances. He has served previously on the Standing Committees on Agriculture and Finance as well as the Committee on Ethics.

Shri Jayant Chaudhary did his undergraduate studies at Shri Venkateswara College, Delhi University, and an M.Sc in Accounting and Finance from the London School of Economics and Political Science in 2002.

***

Action plan for first 100 days to continue India's progress under the leadership of PM Shri Narendra Modi

 Dr Jitendra Singh assumed charge Minister of State( Independent Charge) Ministry of Science and Technology today at Council Scienific and Industrial Research(CSIR) headquarter in New Delhi.

Soon after assuming the charge as Union Minister ,Dr. Jitendra Singh convened a joint meeting of six Science Ministries/ departments and their Secretaries wherein he discussed the first 100 days Action plan under the leadership of Prime Minister Shri. Narendra Modi.

“Action plan for the first 100 days is intended to continue India‘s progress under the leadership of PM Shri. Narendra Modi, says Dr. Jitendra Singh.

Addressing the media after assuming charge, Union Minister Dr. Jitendra Singh said “India is a frontline nation under PM Modi to offer leadership to the world in the field of Science & technology.

Dr. Jitendra Singh said “The special priority were Startups in the last 10 years under PM Modi which is evident from the statistical figures from 350 Startups in 2014 to 1.5 lakh 2024 with more than 110 unicorns”.

Bio economy has gone up by many folds and the progress will continue in this term .

Dr. Singh highlighted that the Patronage of PM Modi has played an active part in introducing new Technologies making the Innovations technologies such as Road construction technology, AI driven Healthcare, has brought ease of living for citizens of the country.

He expressed his confidence in carrying forward this mission for the next 20 years when India usher in 2047.

Innovations became part of infrastructure development when India will celebrate its Centenary year of Independence.

Union minister categorically mentioned that towards nearing the end of its Second term the government brought Anusudhan National research foundation (NRF) legislation was introduced which makes India A frontline nation in Science and technology.

Highlighting India’ s progress in the Space sector Dr Singh said “India’s esteem has risen due to its achievements in Space with successful landing of Chandrayaan-3 on the south pole of the moon and steady progress towards India”s first Human Space flight mission – Gaganyaan mission.”

We have no dearth of Scientific Acumen in the country, only lacking was the commitment from the policy making side emphasising the government’s focus.

Dr. Singh briefed that Innovation in Bio-economy, Blue-economy, Space economy will remain a priority.

Union Minister took a review meeting having presence of all secretaries in Science and Technology Ministry . Dr. Ajay Kumar Sood, PSA to Government of India along with Prof. Abhay Karandikar, secretary, DST ; Dr. Rajesh Gokhale, Secretary,DBT along with senior scientists of ISRO and CSIR were also present.

Dr. Jitendra Singh sensitized senior officials on the PM’s plan for 100 days. He also discussed plans to revamp CSIR to increase its efficiency and contribution in the country’s progress.

 

****

Union Minister Shri Shivraj Singh Chouhan officially takes charge of Ministry of Rural Development

 Union Minister Shri Shivraj Singh Chouhan today took charge of the Ministry of Rural Development. Addressing the media after taking charge, the Minister said that rural development is the priority of Prime Minister Narendra Modi and several schemes are being implemented in this direction. Shri Chauhan said that schemes like Pradhan Mantri Gram Sadak Yojana (PMGSY) has changed the rural landscape of the nation. Talking about the Mahatma Gandhi National Rural Employment Guarantee Scheme (MGNREGS), he said that it is a huge employment generator and there is now an emphasis on creating assets under the scheme. He said there has been revolutionary progress in rural development under leadership of PM Modi and empowering three crore lakhpati didis is a dream for him. Shri Chauhan said the scheme is very close to his heart and his government is committed to ensure justice for the female population of the country. The minister said woman empowerment is a mission for the government and self – help groups are playing an important role for it. The rural development minister also said that his Ministry will work to achieve the tasks set up in the 100-days plan of the government.  He also mentioned the decision taken by the union cabinet to construct three crore more houses under the Pradhan Mantri Awas Yojana.

 

Later, he held a meeting of senior officials of the Ministry and underscored the need for transparency in Ministry functioning. He also handed government manifesto for rural development and called upon everyone to work towards its fulfilment.

 

Minister of State in Rural Development Shri Kamlesh Paswan also took charge of his portfolio today. The hon’ble Ministers were welcomed by department Secretaries and other senior officials of the Ministries.

**

Shri Hardeep Singh Puri takes Charge as Minister of Petroleum and Natural Gas

 Shri Hardeep Singh Puri has officially taken charge as the Minister of Petroleum and Natural Gas here today.

 

After taking charge as Minister of Petroleum and Natural Gas, Shri Hardeep Singh Puri said that India under the visionary leadership of Prime Minister Shri Narendra Modi successfully navigated the energy trilemma of energy availability, affordability and sustainability while nations in our neighbourhood and even developed countries struggled with energy rationing, pump dry-outs and spiralling fuel prices. India is perhaps the only country in the world where fuel prices have come down over a two- and half-year reference period.

The Minister said “in 2014, our LPG connections numbered only 14 crores and only 55% population had access to LPG cylinders and now they have reached 32 crore and all mothers & sisters now have access to LPG as our Ujjwala scheme has been very successful.”

Speaking about Exploration and Production, Shri Puri said that Oil production from the 98/2 well will increase to 45,000 barrels per day very soon and gas production will also start soon. “for western offshore, ONGC has already floated a tender to get an international technology partner. All international oil and gas majors having an annual revenue above 75 billion USD have been invited to participate in this tender.”, he noted.

Reiterating government’s commitment to achieve 20% ethanol blending target by 2025, the Minister said, “in the month of May only, we were able to cross 15% of ethanol blending.”  He further added, “As you know, the Prime Minister had set a target originally of 20 percent blending by 2030. On the basis of what I have seen and in the basis of work in progress, I am reasonably confident that the 20% blending target, which was brought forward from 2030 to 2025, will be completed by the year 2025.”

Highlighting the government’s dedication to integrating green hydrogen in the refining process, Shri Puri said that green hydrogen plants at refineries in Panipat (10 KTA), Mathura (5 KTA), and Paradeep (10 KTA) will be installed soon. “First green hydrogen plant (10 MW) was commissioned on 27th May 2024, even as elections were on. Many of our Oil PSUs are in the process of issuance of tender for supply of green hydrogen. Green hydrogen station at Kochi has been commissioned for bus plying from Kochi Airport.”, he added.

Talking about upcoming projects in refining sector, Shri Puri, said that BPCL is in advanced stage to set up greenfield refineries and GAIL is also planning an ethane cracker unit for petrochemicals. “BPCL’s Bina refinery is coming up and Cauvery Basin Refinery is also coming up by IOCL at Chennai”, he added.

Suresh Gopi Takes Charge as Minister of State for Ministry of Petroleum and Natural Gas

 Shri Suresh Gopi, Member of Parliament from Thrissur, Kerala, has officially taken charge as the Minister of State for the Ministry of Petroleum and Natural Gas. Shri Gopi, who has been an influential figure in various fields, steps into this role following his predecessor, Shri Rameswar Teli.

The Minister of Petroleum & Natural Gas, Shri Hardeep Singh Puri, extended a warm welcome to Shri Gopi.

Born on June 26, 1958, in Alappuzha, Kerala, Gopi has had a distinguished career both in the entertainment industry and public service. He holds a Bachelor of Science degree in Zoology and a Master of Arts degree in English Literature from Fatima Mata National College in Kollam. His extensive background includes serving as a nominated member of the Rajya Sabha from 2016 to 2022, where he was known for his advocacy on environmental issues and social justice.

Gopi’s entry into politics was marked by his commitment to philanthropy and social work. In the 2024 Indian General Elections, he has been elected as the Member of Parliament for Thrissur, representing the Bharatiya Janata Party (BJP). His appointment as the Minister of State for Petroleum and Natural Gas signifies the government’s trust in his abilities to oversee this critical sector.

Suresh Gopi is poised to bring his diverse experiences and passion for public service to the Ministry of Petroleum and Natural Gas, aiming to drive innovation and efficiency in the sector.

Last 10 years have witnessed a series of revolutionary governance reforms happening under the leadership of PM Modi

 Dr. Jitendra Singh assumed charge as Minister of State for the Ministry of Personnel, Public Grievances, and Pensions for the third consecutive term today at 10 a.m. in North Block, New Delhi. After taking charge, Dr. Jitendra Singh said, “The last 10 years have witnessed a series of revolutionary governance reforms happening under the leadership of PM Modi, and these will continue during this term.”

Dr. Jitendra Singh assuming the charge as Minister of State for the Ministry of Personnel, Public Grievances, and Pensions

Dr. Jitendra Singh thanked PM Modi for reposing faith in him once again and giving him this responsibility for the third consecutive term. Dr. Singh has held this portfolio since 2014. He is a Member of Parliament from the Udhampur Lok Sabha Constituency.

Smt. S. Radha Chauhan, Secretary, Department of Personnel and Training welcoming Union Minister Dr. Jitendra Singh

Addressing the media after taking charge, Dr. Jitendra Singh said reforms would continue till Mission Viksit Bharat is attained. He added that this would be a continuation of work that had been done over the last 10 years. Dr. Jitendra Singh, while highlighting the achievements of DoPT, said that governance reforms in the last 10 years under the guidance of PM Modi were path breaking and inspired by the spirit of Minimum Government and Maximum Governance, increasing citizen centricity to bring ease of living to every citizen of the country. He also highlighted reforms such as pensions for widowed and divorced daughters, reforms in rules and regulations in the working of various government departments, discarding the interview process for selection, providing level playing field to aspirants from remote areas and doing away with age old rules and regulations. Dr. Jitendra Singh added that administrative reforms and the landmark Karmayogi Mission are some of the revolutionary reforms taken during last two terms. He categorically mentioned that CPGRAMS is a role model for Public grievance redressal across the world.

Shri V. Srinivas, Secretary, Department of Administrative Reforms and Public Grievances, along with Smt. S. Radha Chauhan, Secretary, Department of Personnel and Training, and other senior officials were also present while the union minister assumed charge.

***

Shri Pralhad Joshi assumes charge of Ministry of New and Renewable Energy

 Shri Pralhad Joshi took charge as Union Minister of New and Renewable Energy in addition to his portfolio of Minister of Consumer Affairs, Food and Public Distribution, at Atal Akshaya Urja Bhawan today. Shri Shripad Yesso Naik also assumed charge as the Minister of State in the Ministry of New and Renewable Energy today.

Secretary, Ministry of New and Renewable Energy, Shri Bhupinder Singh Bhalla, along with senior officials of the ministry welcomed the ministers.

Speaking to the media, the Union Minister Minister Sh. Pralhad Joshi emphasized the critical importance of the renewable energy sector for ensuring India’s energy security and outlined the vast potential for growth in this field. He also underscored the government’s commitment in  advancing renewable energy initiatives to meet the country’s rising energy demands and environmental goals.

The Union Minister was later briefed by senior officials of the Ministry of New and Renewable Energy and took a meeting with them.

*****

Shri Kiren Rijiju Takes Charge as Union Minister of Parliamentary Affairs

 Shri Kiren Rijiju assumed charge as the Union Minister of Parliamentary Affairs in Sansad Bhawan today. Union Ministers of State in the Ministry of Parliamentary Affairs, Shri Arjun Ram Meghwal and Dr L Murugan also assumed charge of office today. Outgoing Union Minister of Parliamentary Affairs, Shri Pralhad Joshi was present at the occasion.

Interacting with the media after assuming charge of office, Shri Rijiju said that there is no need to pull each other down on the basis of numerical strength and inside the house, one should use vocal power for good debate. Minister said that the government will take every step to reach out to all sections to run the Parliament smoothly.

Upon taking charge, Shri Rijiju expressed his gratitude to Prime Minister Narendra Modi for entrusting him with such responsibility. Sh Rijiju said that the ministry will ensure that Prime Minister Modi’s wish to run the parliament smoothly by taking everyone along, is fulfilled. “We are committed to the job and we will ensure whatever it takes, we will reach out to everyone”, he said. Minister called for cooperation from all political parties and members of both the Lok Sabha and Rajya Sabha to achieve this goal.

Secretary, Ministry of Parliamentary Affairs, Shri Umang Narula, Additional Secretary, Ministry of Parliamentary Affairs, Dr Satya Prakash and other senior officers of the ministry were also present at the occasion.

****

Shri George Kurian takes charge as Minister of State in the Ministry of Minority Affairs

 Shri George Kurian  took over as the Minister of State in the Ministry of Minority Affairs here today. Shri Kurian was administered the oath of office and secrecy by the President in a ceremony held at Rashtrapati Bhawan on 09 th June, 2024. Shri Kurian was welcomed by Secretary Shri Srinivas Katikithala and other senior officials of the Ministry.

 

 

Shri Kurian hails from Nambiakulam in Ettumanoor. Shri Kurian is an LLB graduate and has post-graduation in Master of Arts. He practices law in the Supreme Court of India. Previously, he has served as the vice-chairman of National Commission for Minorities.

Speaking with media on the occasion Shri Kurian expressed his gratitude to the Prime Minister for giving this opportunity and said that he will work towards improving the socio- economic conditions of minority communities of the country.

*****

SS/AKS

Shri Kiren Rijiju takes charge of the Ministry of Minority Affairs

 Shri Kiren Rijiju took over as the Minister for the Ministry of Minority Affairs here today. Shri Rijiju was administered the oath of office and secrecy by the President in a ceremony held at Rashtrapati Bhawan on 09th June, 2024.

Shri Rijiju was welcomed by Secretary Shri Srinivas Katikithala and other senior officials of the Ministry.

Shri Rijiju is a Lok Sabha MP from Arunachal (West), Arunachal Pradesh. Born on 19th November 1971, Shri Rijiju has studied B.A., LLB from Delhi. This is the fourth term of Shri Rijiju as the member of parliament. He earlier served as the Cabinet Minister of Earth Sciences and Food Processing Industries in the Government of India since 2023 till June 2024. He also served as the Minister of State for Home Affairs from 2014 to 2019, Minister of State for Minority Affairs from 2019 to 2021, Minister of State (Independent Charge) for Sports and Youth Affairs from 2019 to 2021 and as the Law minister from 2021 to 2023.

Shri Rijiju has keen interest in badminton, football and athletics. He has also participated in National games. Shri Rijiju has written many articles in the Newspapers and Magazine related to Social, Cultural and Political issues. He has special interests in strategic and security affairs. An active social worker since school days, Shri Rijiju led several social movements as a social worker and student leader. He has represented India in various social and cultural events held in many countries. He was adjudged as the best young parliamentarian by the media during 14th Lok Sabha.

Briefly interacting with the media after taking charge, the Minister said that he will work on the Prime Minister’s vision of ‘Sabka Sath Sabka Vikas’ with inclusive approach to achieve the goal of ‘Viksit Bharat’. He expressed his gratitude to the Prime Minister for giving this opportunity to continue his journey for the development of society. The Minister said all efforts would be made for overall development of Minority Communities across the country.

*****