Skip to content
Search

Latest Stories

Baba Ramdev's Patanjali food park is moving out of Uttar Pradesh

Citing the disappointing attitude of the Uttar Pradesh government as reason, yoga guru Baba Ramdev's Patanjali Ayurved Limited has decided to shift its planned food part out of the state. Uttar Pradesh government has reportedly denied permission to set up the plant in Greater Noida.

Managing director of Patanjali Ayurved Limited Acharya Balkrishna announced this decision via a tweet on Tuesday (5).


"Today, the notice of aborting the Mega Food Park approved by the central government in Greater Noida, the resolution to bring prosperity to the lives of the Holy Land of Krishna, was incomplete with the indifference of the government. Decided to shift the Patanjali project elsewhere," Balkrishna tweeted in Hindi.

According to Indian news agency PTI, Patanjali was given one-month extension by the Ministry of Food Processing Industries to get the requisite clearances to start the project.

When contacted Food Processing Secretary J P Meena told PTI:" Patanjali was given four months time to meet the conditions required to get the final approval. There are four to five conditions, including land and bank loans, which any party that wants to set up mega food park has to fulfill."

Meena further said, "We have not cancelled the project. We have given one month extension to Patanjali... they have to meet the condition. In case, Patanjali does not meet the condition, we have no choice but to cancel. We have done it earlier in many projects."

In 2016, former Uttar Pradesh chief minister Akhilesh Yadav had laid the foundation of the Rs 6,000-crore mega food processing project along the Yamuna Expressway.

The plant was to produce goods worth Rs 25,000 crore annually if it runs to its full capacity and Patanjali said it would create 10,000 direct jobs.

More For You

reeves-spring-statement

To prevent a budget deficit, Reeves has announced cuts to disability welfare payments and reductions in government departmental budgets, citing global economic uncertainty.

Government cuts growth forecast, announces public spending cuts

THE UK government reduced its 2025 growth forecast by half on Wednesday and announced spending cuts to manage public finances amid economic challenges.

The Spring Statement update comes as the Labour government, which won a landslide election in July, faces slow economic growth and rising borrowing costs.

Keep ReadingShow less
Slough Council writes off £382,000 in unpaid business rates

Two companies that owed the money had dissolved, while a third – which owed the largest amount – had gone into liquidation.

CRM

Slough Council writes off £382,000 in unpaid business rates

Nick Clark

AN ‘eyewatering’ £382,000 in unpaid business rates has been written off by Slough Borough Council with the agreement of council leaders – with one branding the sum ‘frightening’.

Leading councillors voted to approve the write off last Monday (17), after all attempts to collect the debt – owed by just three companies – had been ‘exhausted’. Councillor Wal Chahal, responsible for finance, said: “It’s an eyewatering number to be writing off, it’s just frightening.

Keep ReadingShow less
man-city-getty

Last year, Manchester City and Techno India Group launched the first Manchester City Football School in India, based in Kolkata. (Representational image: Getty)

Manchester City signs MoU to open sports school in Bengal: Mamata Banerjee

MAMATA BANERJEE, chief minister of the Indian state of West Bengal, has announced that Manchester City has signed a Memorandum of Understanding (MoU) to establish a sports school in the state.

The Premier League club, which has won the league title for four consecutive seasons, is expanding its football education initiatives in the region.

Keep ReadingShow less
IMF Finalizes £1 Billion Loan Agreement for Pakistan

The IMF said in a statement on Tuesday that the 28-month agreement aims to support Pakistan’s efforts in tackling climate change. (Photo: Reuters)

REUTERS

IMF announces agreement on £1 bn loan deal for Pakistan

The International Monetary Fund (IMF) has reached an agreement with Pakistan on a new £1 billion loan programme and reviewed an existing bailout, which could unlock an additional £770 million if approved.

The IMF said in a statement on Tuesday that the 28-month agreement aims to support Pakistan’s efforts in tackling climate change.

Keep ReadingShow less