Economy
Debt component of Nanguneri SEZ Phase I -- Promoter keen on funding from Indian FIs
THE principal promoter of the country's first special economic zone (SEZ), the California-based ATMAC, is keen on Indian financial institutions to finance the debt component of the first-phase work of developing high-cost infrastructure for housing the hi-tech industries in the zone.

Law soon to safeguard farm, industry sectors: Maran
THE Government would come out with a suitable legislation in the Budget session of Parliament to safeguard the interests of the indigenous sectors including industry and agriculture for providing a sort of ballast to cope with import surges in the light of imminent removal of all import curbs effective from April 1, 2001.

FIEO portal to host members' Web sites
THE Federation of Indian Export Organisations (FIEO), in a bid to effectively showcase the vast range of products and services from India, has decided to set up a special Web portal, which will house all the sites of the federation members.

Information Technology
`India, Israel, China should form IT triangle'
INDIA, Israel and China should join together to form an information technology (IT) triangle to maximise the benefits of IT revolution and bridging the digital divide, Dr Subramanian Swamy, former Union Minister, said on Wednesday.

Power
FICCI hails Cabinet move on power reforms
THE Federation of Indian Chambers of Commerce and Industry (FICCI) has welcomed the initiative taken by the Cabinet to forge ahead with power sector reforms. The Government had done well in recognising distribution of power as the weakest link in the str ucture of State electricity boards (SEBs), FICCI said.

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