July 25, 2021

The World Stock Markets Tips & Targets, News, Views & Updates

The World Stock Markets Tips & Targets, News, Views & Updates

1,222 PSA oxygen generation plants likely to be operational before Aug 15

Housing and Urban Affairs Secretary Durga Shanker Mishra on Wednesday said that 1,222 Pressure Swing Adsorption (PSA) generation plants sanctioned under the PM-CARES fund are likely to be become operational before August 15.

Addressing a real estate conference organised by industry body CII, the secretary said the property sector suffered a setback because of the COVID pandemic.

Mishra said the second wave has been almost controlled and now there are talks and apprehensions about a possible third wave.

The government took several measures to control the spread of the first COVID wave last year, including imposing the nationwide lockdown in March 2020, he added.

Mishra noted that the country did not have enough ventilators, PPE (Personal Protective Equipment) kits and medicines required to deal with this pandemic when it hit India in March last year.

However, it was remarkable the way the pandemic was managed during the first wave, he said, adding that India not only met domestic demand but also provided medical supplies to other nations.

Talking about the second wave in April 2021, he said the number of infections reached four lakh per day compared to around one lakh daily cases during the first wave.

“There was a shortage of supplies. But the way the country addressed it was remarkable,” he said.

To boost supplies, he said oxygen express trains were run and services of airforce were utilised.

While noting that the industry also geared up to boost oxygen production capacities, Mishra said, “we have been able to control this big second wave within three months”.

On the preparedness for future waves, the secretary said that 1,222 PSA plants have been sanctioned under the PM-CARES fund.

“We are making efforts to make all these PSA plants operational before August 15,” he said.

He said around 300 PSA plants are already operational.

Based on requests from States and Union Territories, a total of 1,222 PSA plants have been sanctioned under the PM-Cares fund.

Last month, the secretary said recent experience with the COVID pandemic has shown the importance of ensuring adequate availability of oxygen in hospitals.

He had said that installation of PSA plants in various healthcare facilities would help avoid disruption of oxygen supplies, reduce dependence on LMO (Liquid Medical Oxygen) storage and supply of cylinders or tanks.

(Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)

Dear Reader,

Business Standard has always strived hard to provide up-to-date information and commentary on developments that are of interest to you and have wider political and economic implications for the country and the world. Your encouragement and constant feedback on how to improve our offering have only made our resolve and commitment to these ideals stronger. Even during these difficult times arising out of Covid-19, we continue to remain committed to keeping you informed and updated with credible news, authoritative views and incisive commentary on topical issues of relevance.
We, however, have a request.

As we battle the economic impact of the pandemic, we need your support even more, so that we can continue to offer you more quality content. Our subscription model has seen an encouraging response from many of you, who have subscribed to our online content. More subscription to our online content can only help us achieve the goals of offering you even better and more relevant content. We believe in free, fair and credible journalism. Your support through more subscriptions can help us practise the journalism to which we are committed.

Support quality journalism and subscribe to Business Standard.

Digital Editor

Share This :