UP: CM Yogi Adityanath pays tribute to philanthropist, Bhamashah; honors top tax-paying traders
Lucknow (Uttar Pradesh) [India], June 28 (ANI): Chief Minister Yogi Adityanath paid tribute to philanthropist and businessman Bhamashah on his birth anniversary and conferred the Bhamashah Samman to leading traders and businesspersons from across the state who have significantly contributed to Uttar Pradesh's economy by consistently paying high revenue taxes.
Speaking on the occasion, he underscored the importance of recognising the business community's role and said, '... Not only in Lucknow but in all districts of the nation, businessmen paying high GST should be facilitated on this day. Businessman who did the GST registration but later became the victim of any mishap, then they are secured with the cover of Rs 10 lakh by the National Traders Welfare Board...'
An exhibition highlighting key moments from Bhamashah's life and his enduring contributions to society was also inaugurated and observed by CM Yogi.
Further in a post on X CM wrote, 'On the eve of the birth anniversary of the great son of Mother India, the philanthropist Bhamashah Ji, I participated in an event organized in Lucknow today, where I honored the highest revenue-paying traders with the Bhamashah Award and also felicitated traders who have made special contributions to society.'
'To express gratitude for Bhamashah Ji's unparalleled sacrifice and patriotism, 'Traders' Welfare Day' should be organised every year on 29 June. I offer my heartfelt salutations to Bhamashah Ji, the symbol of charity, righteousness, and patriotism! Heartiest congratulations to all the trader brothers, the pillars of the state and nation's economic prosperity,' he added.
Apart from this, while taking a jibe at the opposition, the CM said, 'How long will people keep dividing the country for vote bank? They are the same people who used to bow down in front of the mafia every opportunity they got... These people used to mortgage their power to the mafia... They used to extort money in the name of jobs. Now, when their business of extortion has stopped, they are causing rifts in the name of caste... I say this again and again- 'Batoge to Katoge' and 'Ek Rahoge to Nek Rahoge'.' (ANI)
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Time of India
10 minutes ago
- Time of India
Wendt (India) continue to focus on product development, customer acquisition to boost growth
Wendt India, a Murugappa Group company, plans to boost growth. The company will focus on product development and new customers. They aim to correct prices and acquire distributors. Super Abrasives sales rose last year. Domestic sales increased in the auto, steel, and engineering sectors. The company addresses supply chain issues through planning and vendor collaboration. Tired of too many ads? Remove Ads Tired of too many ads? Remove Ads Wendt (India) Ltd, an abrasive and precision component manufacturer, will continue to focus on product development , new customer acquisition , price correction among others, aimed at boosting business growth, the company said on company, part of the diversified conglomerate Murugappa Group , would also take initiatives on identifying and onboarding automobile, steel and engineering industry specific distributors in overseas markets witnessing an increase in sales in Super Abrasive business last financial year, Wendt (India) said in its annual Super Abrasive business achieved sales of Rs 140.54 crore, which is higher by 7 per cent over the previous year. The domestic Super Abrasives sales also grew by 9 per cent over last year."This is the highest ever sales for the domestic Super Abrasives business. The higher sales were from industries like auto, auto-ancillaries, steel, bearings, engineering, and cutting tools," the company said. The increase in sales was in the backdrop of initiatives taken by the company, which include product development, key account management for top customers, appointment of precision dealers, deployment of successful applications, among Super Abrasive business segment comprises manufacturing diamond and grinding wheels, rotary dressers, hones, and it is the biggest business vertical of the company. "The company continues to take several initiatives, including deployment of successful applications and products, entering new markets, leveraging all its products as a complete package solution to serve customers better, to grow the business," the company said in its (India) is a preferred supplier for many automobile, auto-component, engineering, aerospace, defence customers for their Super Abrasive Tooling solutions, and also Grinding and Honing machines, and precision components. Some of the industries that use these kinds of components are the automobile and ancillary and in the manufacturing of aircraft overseas business, Wendt India said it witnessed a marginal increase of 2 per cent in its exports during the last financial year under the Super Abrasives segment. The rise in exports was due to reduced off-take from key customers in a few the machine tools business, the company said it witnessed an 8 per cent decline in sales to Rs 43.64 crore in the last financial year due to a delay in orders and customers deferring purchase due to 'adverse economic situation'."The company continues to mitigate supply chain issues by better planning, bulk ordering of some of the critical parts for the year, working closely with critical vendors, and by developing alternative vendors," the report added.
United News of India
14 minutes ago
- United News of India
Puri stampede: Odisha Govt orders administrative inquiry
Bhubaneswar, June 29 (UNI) With the tragic death of three devotees and at least fifty others injured in a stampede near Sri Gundicha Temple in Odisha's Puri during Lord Jagannath Rath Yatra during wee hours on Sunday sparking shock waves across the state and exposing the gaping holes in the efficiency of government machinery, Odisha Chief Minister has issued a statement tending apology and ordered an administrative inquiry and suspended two police officers of Superintendent of Police rank. The corrective measures and cracking whips on the officers in the charge of Rath Yatra observance were very much on the cards given the fact the BJP Government in the state was on the line of fire due to the inordinate delay in the pulling of chariots, stampede-like situation and indiscriminate distribution of cordon passes during the nine-day annual festival of Lord Jagannath that commenced on Friday. Expressing deep regret over the stampede deaths, Chief Minister Mohan Majhi had earlier tendered an apology over it and owning moral responsibility for today's tragic death. A high-level administrative inquiry has been constituted under the stewardship of the development commissioner (an officer of chief secretary rank) to detect the lapses and negligence on part of the authorities. Besides the Collector and SP Puri has been removed from Puri with immediate effect. Two police officers- deputy commissioner of police, Bishnu Pati and Commandant Ajay Padhee- were placed under suspension for failure on their part to effectively carry out the crowd management. 'The Rath Yatra of Lord Jagannath is the pride of Odisha. Negligence in discharging duty will not be tolerated. All those responsible for today's stampede will be meted out exemplary punishment', Chief Minister Majhi said in a statement. Meanwhile the State Government has announced Rs 25 lakh ex-gratia compensation to bereaved families who lost their loved ones in the stampede. The three victims – Basanti Sahu, Premakant Mohanty and Pravati Das- died of asphyxiation as the crowd trampled over them. "My government and I seek apology from all Jagannath devotees. We express our condolences to the families of those devotees whose lives were lost at Sharadhabali and pray to Mahaprabhu Jagannath to imbibe them the strength to bear with the loss of their near and dear ones," the CM said in a statement. The Opposition BJD and Congress also strongly criticized the BJP Government here for abysmal failure on part of the government to control the crowd. BJD President Naveen Patnaik assailing the government said the incident laid bare the glaring failure to ensure a safe and orderly Rath Yatra for devotees. 'I extend my heartfelt condolences to the families of the three devotees who have lost their lives in the tragic stampede at Saradhabali, Puri and I pray to Mahaprabhu Jagannatha for the swift recovery of the devotees injured in this devastating incident', Naveen Patnaik stated in 'X'. The Odisha Pradesh Congress Committee Bhakta Charan Das also commenting on the same line lambasted the government. The mishap took place at around 4.20 am in front of three chariots of Lord Jagannath and his His siblings—Lord Balabhadra and Devi Subhadra. Poor crowd management and inadequate police deployment resulted in the tragic mishap. There was no presence of police or security forces anywhere near the chariots as the crowd surged to catch a glimpse of the deities during morning hours. It was some of the devotees and local youths who tried to control the crowd and saved several people from getting stuck in the stampede. But for their timely voluntary act, the death toll might have been much higher, said eyewitnesses. UNI XC RKM
News18
18 minutes ago
- News18
CONCOR Announces 1:4 Bonus Issue, Sets Record Date For Next Week
Last Updated: CONCOR Bonus Issue 2025: CONCOR declares bonus issue share in the ratio of 1:4. CONCOR Bonus Issue 2025: Container Corporation of India (CONCOR) has recommended the issue of bonus shares in the ratio of 1:4, i.e. 1 (one) new equity shares of Rs 5 each for every (4) existing equity shares of the company. Navratna rail company has fixed Friday, July 04, 2025, as the record date for determining the eligibility of shareholders for issuance of bonus shares, which is subject to approval of shareholders. In continuation to our letter dated May 28, 2025, informing the Dispatch of Postal Ballot for seeking Shareholders approval for issue of Bonus Shares in the ratio of 1:4 i.e. 1 (One) new fully paid-up Equity Shares of Rs.5/- each for every 4 (four) existing fully paid-up Equity Share of the Company. In this regard, it is hereby informed that the Company has fixed Friday, July 04, 2025, as the Record Date for determining the eligibility of shareholders for issuance of Bonus Shares, which is subject to approval of shareholders," the company said in the filing. CONCOR has a market cap of Rs 44,959 crore, and is part of BSE 200. CONCOR Final Dividend 2025 CONCOR's final dividend for FY25 remained at Rs 2 per equity share with ex-date on June 06, 2025. Earlier, it announced two interim dividends of Rs 3.25 and Rs 4.25, respectively for FY25. The state-run rail logistics company reported a 1.6% decline in fourth-quarter profit on Thursday, impacted by a drop in revenue from its domestic cargo services. The consolidated net profit fell to Rs 298.5 crore for the three months ending March 31, down from Rs 303 crore in the same period last year. CONCOR shares gained 3 per cent last week to settle at Rs 757 apiece, with the 52-week high and low at Rs 1,075 and Rs 601.25, respectively. First Published:
