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Friday, November 08, 2002
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INDUSTRY & ECONOMY

PENSION PLANS


Pension, social security cover for unorganised sector on the anvil
A PENSION system for unorganised workers is being firmed up, as per the announcement made in the Union budget for 2001-02. Disclosing this while inaugurating a national seminar on the unorganised sector here on Thursday, the Deputy Chairman of ... More

ECONOMY


Jaswant asks Ministries, depts to tighten belt
WITH the Government under pressure to meet the funding requirements of drought-hit States, the Finance Minister, Mr Jaswant Singh, sent out a clear message to all Central ministries and departments to curtail unproductive expenditure and maximise ... More

FOREIGN TRADE


India, Finland pact to boost investments
FINLAND is looking forward to strengthening and broadening its commercial and economic ties with India, including investment, according to Mr Jari Vilen, Minister for Foreign Trade of Finland. He stated this at the `India-Finland Business ... More

`Scope bright for better trade ties with France'
THERE is scope for improved bilateral trade relations between France and India, especially when it comes to trade in industrial goods and export of services, representatives of Indian and French industries said here today. The consensus can be ... More

HEALTH


Cancer awareness programme
BANGALORE: Central Lab, the speciality lab dedicated for hormones and cancer markers, has launched a three-day Cancer Camp coinciding with the National Cancer Awareness Day observed on November 7. Patients walking in for a check-up ... More

INFRASTRUCTURE


Slow infrastructure growth hits investment prospects in AP
THE investment climate in Andhra Pradesh is still `hazy' despite the best efforts of the Government to make it industry-friendly. No new investments have been committed significantly in the last one year even though the Chief Minister, Mr N. ... More

PETROLEUM


Gasohol tax: Naik to meet State Ministers today
THE Union Petroleum Minister, Mr Ram Naik, will be meeting excise ministers of nine sugarcane-growing states on November 8 to extract sales tax and other fiscal concessions on sale of petrol doped with 5 per cent ethanol from January 1, 2003. ... More

POWER


WBSEB drive against power theft
KOLKATA: Vigilance squads of the West Bengal State Electricity Board raided 10,711 industrial and commercial premises since the enactment of the new legislation to check power theft. A WBSEB release said that armed with the Indian ... More

To ease risk of policy reversals — Parekh panel moots fund for power sector reform
EVEN as it looks into the issue of transition financing for the power sector, the Deepak Parekh Committee has suggested the setting up of a power sector reform fund (PSRF). All existing liabilities of the State utilities as well as existing ... More

Nagarjuna power project nearing financial closure
THE 1,015 MW power projected promoted by Nagarjuna Power Corporation Ltd (NPCL) has moved closer to financial closure, with the Karnataka Government conceding a pari passu charge on the power reform fund to be put in place. Sources said here ... More

TAXATION


MS, PwC launch VAT software
MICROSOFT Corporation India and PricewaterhouseCoopers (PwC) India have jointly developed an off-the-shelf Value Added Tax (VAT) software solution for the State tax departments in the country. The solution, developed by PwC using Microsoft .NET ... More

TEXTILES


Karnataka: Apparel park draws foreign interest
The new venture partner is expected to build and maintain the infrastructure of the park and will be responsible for the operations of the park. More

SSI


Vendor development programme
HYDERABAD: A national industrial exhibition-cum-vendor development programme is being planned here for December 19 and 20 by the Small Industries Service Institute (SISI) in collaboration with the State Department of Industries and ... More

MEDICAL INSTITUTIONS & HOSPITALS


Sankara Nethralaya plans hospital in Kolkata
SANKARA Nethralaya, which pioneered the concept of a dedicated hospital for eye care, is set to launch an eye hospital in Kolkata, in collaboration with the Asia Heart Foundation (AHF). According to Dr S.S. Badrinath, Chairman, Sankara ... More

INDUSTRY ASSOCIATIONS


Chamber wants ownership change clause replaced
THE Associated Chambers of Commerce and Industry of India (Assocham) has suggested replacement of the current provisions in the Companies Act restricting change of ownership of companies by anti-abuse measures such as mandatory continuity of ... More

CII working on `green' directory
THE Green Business Centre of the Confederation of Indian Industry (CII-GBC) is launching an exercise to produce a directory of companies manufacturing green (environment-friendly) products or providing green services. According to a CII press ... More

KNITWEAR & HOSIERY


Knitwear exports: India takes up embargo with US
INDIA has sought the intervention of the US Department of Commerce to resolve the imbroglio over the embargo on knitwear shipments. Exports of knitwear items under Category 338/339 have already exceeded the quota for this year, as a result of ... More

MINING & QUARRYING


Directional change in chrome ore mining mooted in 10th Plan
A DIRECTIONAL change in domestic chrome ore mining has been suggested by the committee that studied its demand during the Tenth Plan period. According to the committee, there is substantial scope for further scientific exploration to prove ... More

DISINVESTMENT


Bengal sets deadline to dispose of sick PSUs
THE West Bengal Government has set an ambitious target. By the end of the current financial year, it wants to complete the disinvestment and winding up programme of the State public sector units. This was stated by the Chief Minister, Mr ... More

`Privatisation must help improve efficiency'
THE Andhra Pradesh Governor, Dr. C. Rangarajan, on Thursday emphasised that policy makers should pay proper attention to the `why', `when' and `how' of privatisation. Highlighting the changing interface between the State and the market, he said ... More

SOCIAL WELFARE


Nehru Yuvak Kendra offers aid
THIRUVANANTHAPURAM: The Nehru Yuvak Kendra, an autonomous body under the Department of Youth Affairs and Sports, Government of India, has invited applications for financial assistance from charitable organisations. An official ... More

EVENTS


CII Quality Summit from Nov 14
BANGALORE: The Confederation of Indian Industry (CCI) is hosting the annual `Quality Summit' from November 14 to 16 in Bangalore. The tenth edition of the summit will have as its theme, "Quality & Competitiveness: We can make it ... More

ALTERNATIVE MEDICINES


Ayurveda gaining acceptance abroad
The Government had identified 15 American and 15 Indian scientists who would in team of two prepare projects for funding by donor agencies and collaborate in research. More

TOURISM


Lanka may outstrip God's Own Country
IT has been on the cards for a while. Sri Lanka, slowly recovering from internal strife, may soon compete with Kerala in garnering tourist spend in the region. The Emerald Island, with cheaper tariff rates, is geared to give `God's Own Country' a ... More

Kerala: Public awareness campaign on tourism launched
CREATING a sense of pride and a positive attitude towards tourism in the minds of the people of Kerala. Those are the key objectives of the public awareness campaign launched recently by the State's Department of Tourism. Simultaneously, the ... More


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