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Monday, September 27, 2004

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INDUSTRY & ECONOMY

ECONOMY
Kerala frames service delivery policy
The core principle of the service delivery policy is people-centeredness, which calls for recognition of a new relationship between providers and recipients of public services. More

ENVIRONMENT
Threat to nature
The pleasant scene at Parawada near Vishakhapatnam. The foundation stone has been laid for the Jawaharlal Nehru Pharma City will be coming up here on 2200 acres of land. The threat to the beautiful nature is already been alarmed by the ... More

INFRASTRUCTURE
`Innovative funding sources needed for achieving Millennium Development Goals'
AS mobilising additional finance to meet the challenges of the Millennium Development Goals remains a priority, increased funding (private and public)by tapping new sources is needed to invest in basic services and infrastructure for human ... More

PETROLEUM
No more excise relief on petro goods supplied to EOUs
THE Finance Ministry has turned down an industry request to remove or clear petroleum products from the refineries to export oriented units (EOUs) without payment of excise duty. This request has been made consequent to the withdrawal of ... More

BPCL ready for forward trading
BHARAT Petroleum Corporation Ltd plans to begin forward trading in crude oil and petroleum products next month. According to a senior official, BPCL has received approval from the RBI for hedging risks in the international crude and petroleum ... More

IOC's Paradip crude pipeline on the fast track
INDIAN Oil Corporation's Rs 1,178-crore Paradip-Haldia crude oil pipeline is set to become operational by end of 2005, at least 6 months ahead of its scheduled completion in 2006. Environmental clearance for the project is available and the ... More

POWER
NTPC expansion project `on course' — Commissions 500-MW unit VII at Ramagundam
NATIONAL Thermal Power Corporation (NTPC) has commissioned its 500-MW unit seven expansion project at its Ramagundam superthermal power station located in Karimnagar district, thereby taking its overall capacity there to 2,600 MW. This unit would ... More

New power policy awaits Cabinet nod
THE Union Power Ministry is awaiting Cabinet approval to announce the new power policy that would outline the country's power sector strategy. At a press conference here on Sunday, the Union Power Minister, Mr P.M. Sayeed, and the Union Power ... More

STEEL
VSP may get assured supply of natural gas; to expand capacity
VIZAG Steel plans to expand capacity as it may get an assured supply of natural gas soon.. At a recent meeting held in New Delhi - chaired by the Secretary, Petroleum and Natural Gas Ministry and attended by GAIL (India) and ONGC - the ... More

TEXTILES
Textiles outsourcing, US' new bugbear
THERE could be a new twist to the outsourcing debate in the US, with the textiles sector now taking over from the ITES (IT-enabled services) sector as the bugbear of the American industry. With a host of large US textile companies, including ... More

SICA seeks inputs for cotton funding model
THE South India Cotton Association (SICA) has sought to give greater depth to its project on evolving the bank assisted cotton payment model it mooted recently. The association has initiated a study with the help of the Crisil on working out a ... More

`DEPB rate cut unwarranted'
TEXTILE exporters are perturbed over the Government's decision to slash the Duty Entitlement Pass Book (DEPB) rates by 45 per cent. According to them, this will deal a severe blow to textile exports. "The Government's stand to bring down the ... More

EDUCATION
TAPMI offers management training for professionals
THE Manipal-based T.A. Pai Management Institute (TAPMI) seems to be diversifying its activities to cater to the industry. It has come out with the "corporate college" concept for those working in various sectors. Addressing presspersons at ... More

FOODS & FOOD PROCESSING
FICCI projects 10% growth for food and beverages industry
THE domestic food and beverage industry is projected to grow by 10 per cent in 2004, as per a survey by the Federation of Indian Chambers of Commerce and Industry. Last fiscal, the sector grew 8.7 per cent in value terms, while volume growth was ... More

REAL ESTATE & CONSTRUCTION
AP Govt nod for housing board's township development plan
THE Andhra Pradesh Housing Board (APHB) will explore markets outside the State and country, to develop townships on a public-private partnership basis. A proposal to this effect made by the Board to the State Chief Minister, Dr Y.S. ... More

PAPER, BOARD & NEWSPRINT
Bengal Govt urged to reopen paper mills
THE city-based paper traders, who largely depend on supplies from outstation paper mills, have urged the West Bengal Government to take steps to reopen closed paper mills in the State or encourage fresh investment in this industry. Incidentally, ... More

INDUSTRY ASSOCIATIONS
Higher investment needed in farm sector, says CII
THE Confederation of Indian Industry has said that there is a need for higher investment in agriculture, particularly in irrigation. According to a CII discussion paper on `Investment Scenario in India,' agriculture and industry sectors, in ... More

KNITWEAR & HOSIERY
DEPB rate cut irks knitwear exporters
THE knitwear exporting community in Tirupur are worried over the cut in the duty entitlement pass book (DEPB) scheme rate for knitwear items announced by the Commerce Ministry. The sharp reduction in the rate will adversely impact the knitwear ... More

TRADE & LABOUR UNIONS
Bengal bidi industry calls for 5-day strike
PEEVED over the non-resolution of various critical issues affecting both manufacturers and workers of the organised bidi industry in West Bengal, despite various representations from time to time, the Federation of Biri, Biri Leaves & Tobacco ... More

EVENTS

  • Engagements

    TOURISM
    Centre to review incentives for industries in N-E
    THE Union Ministry for Development of North Eastern Region will soon re-examine the package of incentives for industries in the north eastern region, according to Mr P.R. Kyndiah, Union Minister for Development of North Eastern Region. Speaking ... More

    Promoting India
    The Union Minister for Railways, Mr Lalu Prasad, with the Minister of State for Tourism, Ms Renuka Chowdhury, launching a joint promotion of Incredible India on the eve of World Tourism Day in New Delhi on Sunday. The magazine, published ... More

    World Tourism Day
    MANGALORE: Students of Master of Tourism Administration (MTA) at the Department of Business Administration in Mangalore University will celebrate `World Tourism Day' on September 27. A press release by Dr T. N. Sreedhara, ... More




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