INDUSTRY & ECONOMY
EMPLOYMENT
Experts for linking job guarantee plan with horticulture growth
EVEN as the Government is all set to table the Rural Employment Guarantee Bill, 2004 in Parliament providing for legally assured 100 days of employment for poor rural households, there is a view emerging that such a programme should not be fully ...
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ANTI-DUMPING
Anti-dumping duty on oxo alcohol to be reviewed
THE Designated Authority in the Commerce Ministry has initiated a sunset review investigation on an anti-dumping duty imposed on imports of oxo alcohols from Poland, Saudi Arabia, Russia, Iran, the US and the European Union. Andhra ...
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ECONOMY
`Statistics-planning synergy vital for economic growth'
THE Minister for Statistics and Programme Implementation, Mr Oscar Fernandes, has called for synergy between statisticians and planners, as it is vital for economic growth. Releasing the results of the 58th round of the National Sample Survey ...
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`Higher public sector savings must for 7 pc growth rate'
ACKNOWLEDGING the need for improving domestic and corporate savings for attaining a growth rate of 7 per cent and above, the 12th Finance Commission Chairman, Dr C. Rangarajan, made it clear that major improvement would have to come from the ...
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FICCI study outlines roadmap for toning up State finances
THE Federation of Indian Chambers of Commerce and Industry (FICCI) has expressed concern over the steady rise in the debt-gross State domestic product (GSDP) ratio of States during the past decade, from 18.7 per cent in 1993-94 to 29.1 per cent ...
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ENGINEERING
Engg services: EEPC seeks grant for brand-building
TO ensure sustained growth of engineering exports from India, the Engineering Export Promotion Council (EEPC) has called for brand-building and promotional support from the government outside the MDA (Market Development ...
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PETROLEUM
Unlocking oil PSUs' cross-holdings may get Cabinet approval soon
`All involved in the current exercise are in favour of unlocking the cross-holdings. However, there is still some room for determining the modalities to be adopted for the proposed unlocking of values.'
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STEEL
SAIL and Railways — A change of track after the railing
SAIL is examining ways of integrating its future plans with those of the Indian Railways for upgradation of technology and smoother movement of raw materials and finished goods.
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TAXATION
Passenger service fee on IA tickets to be taxed
THE passenger service fee on tickets issued in Indian rupees on or after December 20 will be taxed. This is consequent to the levy of service tax by the Government on all types of services. According to a press release from Indian Airlines, the ...
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TEXTILES
Textile cos make big strides to see new dawn
WITH the global textile quotas on their last leg, domestic textile stocks have emerged as the darling of the bourses, while manufacturers and exporters of textile products are cranking up expansion plansand the level of credit drawn from the ...
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Jaipuria is NITMA President
NEW DELHI: Mr Shishir Jaipuria was elected as President of the Northern India Textile Mills' Association for a term of two years at its annual general meeting held here on December 15. According to a press statement by the association, ...
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WATER
Ready reckoner on industrial water use
AS part of its campaign to promote green building products, the CII-Sohrabji Green Business Centre has brought out a ready-reckoner on data related to industrial water use. The pocket guide, titled `Every Drop Counts', was released last week ...
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EDUCATION
Quizmaster to launch school programme in Thiruvananthapuram
NOTED quizmaster, Mr Giri Pickbrain Balasubramaniam, is to launch a general knowledge service, namely, Global Awareness Programme (GAP), for schools in Thiruvananthapuram. The programme aims to create a common, structured and defined approach ...
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Scotland courts foreign students and professionals
FACED with a declining population, which is also ageing fast, the Government of Scotland has decided to initiate several steps to attract more foreign students and professionals to live and work in the country. Included in these initiatives is ...
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ICFAI Hyderabad campus may take off next year
THE project of ICFAI University Campus near Hyderabad, taken up at a cost of Rs 75 crore, is currently in full swing and the first phase is expected to be ready during 2005-06, the Chancellor of the Rs 225-crore University, Dr A. Besant C. Raj, ...
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ICAI willing to share expertise with Chinese body
THE Institute of Chartered Accountants of India (ICAI) has given its expression of interest to the Chinese Institute of Certified Public Accountants (CICPA) for providing online Continuing Professional Education programmes to Chinese ...
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INDUSTRY ASSOCIATIONS
Set up autonomous regulators for rail, road, shipping: CII
POINTING out that improvement in infrastructure and removing bottlenecks is the key to attaining higher growth rate and attracting foreign investments to India, the Confederation of Indian Industry (CII) has charted out recommendations for ...
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KNITWEAR & HOSIERY
Continuation of CST under VAT an irritant, say hosiery units
HOSIERY manufacturers say the continuation of the central sales tax (CST) under the value-added tax (VAT) regime to come into being effective April 1, 2005 will be an irritant to the hosiery industry. They want the CST to be ended at the very ...
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RURAL DEVELOPMENT
To ensure rural connectivity — Plan panel backs broadband platform
THE rural connectivity issue could be effectively addressed through broadband platform as the extant policy of fixed-line voice telephony based rural connectivity has proved to be unviable, the Planning Commission contends. Sources in the ...
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Alagappa University to start Centre for rural development
MADURAI: The Alagappa University at Karaikudi will soon be starting a Centre for Rural Development, according to its Vice-Chancellor, Dr P. Kanniappan. The proposal approved by the syndicate is awaiting clearance from the Governor, the ...
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EVENTS
Risk rating system to assess cos planned
LOSS Prevention Association (LPA) of India Ltd is going to introduce a risk rating system by the end of this financial year. "The rating system would evaluate companies and industries and rate them on parameters such as risk management, hazard ...
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Agenda for the week
ALTERNATIVE MEDICINES
Report on ayurvedic preparations — Indian cos say medicines safe
THE recent study by the Harvard Medical School revealing the presence of excessive quantities of lead, mercury and arsenic has taken some sheen off ayurvedic products, but Indian companies exporting these products reiterate that these medicines ...
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