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Sunday, January 11, 2004

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INDUSTRY & ECONOMY

ECONOMY
Bank credit up by Rs 10,204 cr
BANK credit has jumped by Rs 10,204 crore for the fortnight ended December 26, 2003 to a cumulative figure of Rs 7,80,572 crore. This is the biggest jump for a fortnight in recent times with the average increase having been as low as Rs ... More

EXCISE AND CUSTOMS
More customs units to have 24-hour e-filing facility
NEW DELHI: The round-the-clock electronic filing facility of customs documents for goods clearance has been extended to 23 customs formations. The Customs Department has also said customs clearances would now be based on self-assessment ... More

FOOD & DAIRY PRODUCTS
Cost accountants irked by exemption to milk food cos
EVEN as companies in the business of manufacturing chocolates, ice-creams and `desi ghee' would be a happy lot, the recent move of the Department of Company Affairs to exempt the producers from following cost accounting rules has not been ... More

TEXTILES
`Textile industry ready for zero duty regime'
EVEN as the Government has cut down the peak customs duty from 25 per cent to 20 per cent, the textile industry, in general, and the high-value-added apparel industry, in particular, will have no problems even if the tariffs on textile are ... More

RADIO/TV
Come Jan 20: Farmers get call centre
PM to launch Jaikisan TV channel, FM radio service

HERE is yet another of those seemingly never-ending pre-election offerings from the ruling BJP-led alliance, directed at the country's 12 crore-odd farming households. On January 20, the Prime Minister, Mr Atal Bihari Vajpayee, will formally ... More

CERAMICS
Customs duty cut may hit ceramic tile market
THE rationalisation of customs duty, bringing the peak rate of duty to 11.6 per cent, has not gone down well with indigenous manufacturers in the ceramic tile industry. According to Mr Vijay Aggarwal, MD, H&R Johnson (India) Ltd, the ... More

SOCIAL WELFARE
Centre to set up panel for the disabled
THE Union Government will soon set up a Central Commission for the disabled to study their problems and formulate guidelines for solving them. Announcing this here today, Mr M. Venkaiah Naidu, national president of Bharatiya Janata Party (BJP), ... More

RURAL DEVELOPMENT
Sanjay Paswan to head forum on rural development
THE Union Minister of State for Human Resources Development, Dr Sanjay Paswan, on Saturday said a National Competency Testing Agency will be set up by the Ministry soon. Dr Paswan said the National Institute of Rural Development (NIRD), which ... More

EVENTS
15 business bodies sign MoU to network with NRIs, PIOs
WITH a view to formalising the global network of persons of Indian origins (PIOs) and NRIs, and connect the business hubs within the diaspora, 15 business associations and chambers of commerce today signed an MoU. This move is a step towards ... More

`Feel-good' for India is `feel-great' for voters: Advani
THE "feel-good" factor is not only supposedly sweeping the entire economy; on the poll eve, it has also become a tool of sorts for the Government to showcase its performance and achievements. Riding on this "feel-good" wave, the Deputy Prime ... More

IATO calls for easier multiple entry visas
THE Indian Association of Tour Operators (IATO) has urged the Government to make easier multiple entry visas for persons of Indian origin (PIOs) intending to visit India. "These visas can be made available or alternatively PIO should have the ... More

Govt urged not to recognise Fiji regime
THE Global Organisation of People of Indian Origin (Gopio) has said that it would campaign against official Indian recognition to the present regime in the tiny island nation of Fiji. "We have a letter from the deposed Prime Minister of Fiji, ... More

TOURISM
Task Force set up to promote health tourism
IN a bid to promote health tourism, the Health Ministry has constituted a task force that will submit its report by the middle of the year. Speaking at the Pravasi Bharatiya Divas celebrations, the Union Health Minister, Ms Sushma Swaraj, said ... More

PEOPLE

  • Ashwin Dani on EPF board



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