Militant who targeted Australian nuclear plant held in France
"PARIS: A French Muslim convert convicted in 2007 for planning an attack on an Australian nuclear plant is one of the suspected militants being held for questioning after a series of raids throughout France, a police source said on Saturday.
Willy Brigitte was arrested on Friday at his home in Asnieres, a northwestern suburb of Paris.
Authorities found no weapons but seized his computer and a mobile phone, the source told Reuters.
The crackdown followed a pledge by President Nicolas Sarkozy, who is three weeks away from the first round of presidential elections, to rid France of radical Islamists.
"
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Saturday, March 31, 2012
MicroRNAs offer new hope against obesity and diabetes
MicroRNAs offer new hope against obesity and diabetes:
ScienceDaily (Mar. 29, 2012) — Hunger has always threatened humankind. This makes it unsurprising that human bodies attempt to store all surplus nourishment in adipose tissue. In developed countries, this life-saving craving is turning into a problem and obesity -- adiposity -- is turning into a danger. Why, though, does excess fat the body ill? How does fat trigger diabetes? And can these superfluous fat reserves be turned into warmth and just as well burnt?
Marcel Scheideler from the Technical University of Graz has examined these questions intensively in a particular project of the Austrian genomic research programme GEN-AU; and he discovered that microRNAs are a part of the solution. It has been known for a while that these molecules, which are produced by the human body, play an important role in gene regulation and thus contribute to cancer genesis. Indeed, this is a research area to which Scheideler has already made valuable contributions as part of an interdisciplinary research team (1). The fact that microRNAs could also contribute to obesity and diabetes, however, is a new insight, to which Scheideler and his team have contributed significantly recently (2-4). The topic of RNA and adiposity thus played an important role at the current conference "9 Years of the GEN-AU Programme" in Innsbruck. The participating research teams were managed by the local Innsbruck company CEMIT.
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Beauty Research: Avene Solutions for Sensitive Skin
Beauty Research: Avene Solutions for Sensitive Skin:
"Beauty Research, a beauty blogging web site, recommends the French beauty brand Avene to its readers Newport Beach, CA (PRWEB) March 30, 2012 Beauty Research, a beauty blogging web site, recently recommended Avene products to its readers with sensitive skin. Avene is a French beauty brand that formulates all of its products with thermal spring water, specially sourced from France.
For centuries, those with skin issues have relied on natural thermal spring water to address problems such as eczema, psoriasis and other types of irritation. Thermal water is rich in minerals and calms the skin when added to personal care products. "Soothing skin care products are key in helping sensitive skin captivate a little bit of normalcy.
In order to treat certain indications (for instance anti-aging or acne) you've got to get your sensitive skin into more of a normal state of balance because so many products that are effective and results-oriented can also be a tad irritating; thus resulting in a vicious cycle for those with sensitive skin in the first place." - Writes Karen of Beauty Research"
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"Beauty Research, a beauty blogging web site, recommends the French beauty brand Avene to its readers Newport Beach, CA (PRWEB) March 30, 2012 Beauty Research, a beauty blogging web site, recently recommended Avene products to its readers with sensitive skin. Avene is a French beauty brand that formulates all of its products with thermal spring water, specially sourced from France.
For centuries, those with skin issues have relied on natural thermal spring water to address problems such as eczema, psoriasis and other types of irritation. Thermal water is rich in minerals and calms the skin when added to personal care products. "Soothing skin care products are key in helping sensitive skin captivate a little bit of normalcy.
In order to treat certain indications (for instance anti-aging or acne) you've got to get your sensitive skin into more of a normal state of balance because so many products that are effective and results-oriented can also be a tad irritating; thus resulting in a vicious cycle for those with sensitive skin in the first place." - Writes Karen of Beauty Research"
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Baumgarte Wins International Research Prize from Germany's Humbol, Academic Spotlight (Bowdoin)
Baumgarte Wins International Research Prize from Germany's Humbol, Academic Spotlight (Bowdoin):
"Professor of Physics Thomas Baumgarte has won a Friedrich Wilhelm Bessel research prize from Germany’s Humboldt Foundation, which supports international scholars in all fields to carry out research in Germany, and for German scholars to go abroad.
Thomas Baumgarte
Baumgarte says the award will help support his sabbatical and will spend the next academic year at the Max-Planck-Institute for Astrophysics in Garching, not far from Munich.
"I'll be working with colleagues there on problems in relativistic astrophysics," says Baumgarte."
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CO2 hidden in ocean during Ice Age
CO2 hidden in ocean during Ice Age:
"Berlin: Much of the CO2 was hidden in the ocean, which explains its low atmosphere concentration during the last Ice Age 20,000 years ago, researchers say.
Climate researchers from the Universities of Bern (Switzerland) and Grenoble (France) and the Alfred Wegener Institute for Polar and Marine Research (Germany) found this close connection between CO2 and temperature has existed over the past 800,000 years.
"We have now been able to identify processes in the ocean which are connected to the observed rise in CO2," said Jochen Schmitt, from Oeschger Centre for Climate Change Research, University of Bern, who led the study, the journal Science reported. "
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"We have now been able to identify processes in the ocean which are connected to the observed rise in CO2," said Jochen Schmitt, from Oeschger Centre for Climate Change Research, University of Bern, who led the study, the journal Science reported. "
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India, Brazil sign six pacts after BRICS summit
India, Brazil sign six pacts after BRICS summit:
"New Delhi: A day after the BRICS summit, India and Brazil on Friday decided to step up efforts to push the UN reforms and signed half a dozen pacts in areas ranging from science and biotechnology to cultural exchanges.
Reinforcing the BRICS' position on Syria and Iran, the two countries also called for resolving the festering crisis in West Asia through dialogue.
Prime Minister Manmohan Singh on Friday held wide-ranging talks with Dilma Rousseff, the first woman Brazilian president who began her state visit to India on Friday after the conclusion of the BRICS summit.
After the talks, the two sides signed six pacts in areas ranging from closer cooperation in science and biotechnology to cultural exchanges. Under a signature Brazilian initiative Science Without Borders, the two sides inked a pact that envisages placement of Brazilian students and young researchers in India. It will be funded by Brazil.
"
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AFP: Rio students protest military coup anniversary
AFP: Rio students protest military coup anniversary:
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RIO DE JANEIRO — Hundreds of students staged an angry protest outside Rio's military club as retired senior officers marked 48 years since the coup that ushered in two decades of military dictatorship.
The demonstrators, including many relatives of victims of the 1964-1985 dictatorship that left 400 people presumed dead or missing in Brazil, on Thursday chanted "murderers," "torturers" or "cowards, we are waiting for the truth."
They shouted insults at the elderly retired officers as they emerged from their luncheon meeting in central Rio and made their way to a nearby subway station, protected by a police cordon.
Angela Barroso, a retired lawyer, told AFP that while she was a law student in 1968, she was arrested at her university, tortured and jailed for five months.
"You never forget torture," she said.
Unlike other South American countries that had right-wing dictatorships and political abuses and killings during the 1960s-80s -- Argentina, Paraguay, Uruguay and Chile -- Brazil has never put the perpetrators on trial.
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Indian talent would be most sought after in near future
Indian talent would be most sought after in near future
Coimbatore,Mar31 (PTI) India is making significant headway in emerging areas like biotechnology, nanotechnology, IT and computing and these achievements are made despite technology denial regimes and lack of high quality infrastructure, a top scientist said today. Demographic advantage with more than 55 per cent of the population in the age group of 18-35 has to be put to maximum use, R M Vasagam, Padmashri awardee and Chairman, National Design and Research Forum, Bangalore, said. A day will soon come when Indian talent is most sought after in cutting edge research in engineering and technologies, he said,delivering the convocation address at the Anna University of Technology, Coimbatore. "While we aspire for number one position in many areas, the achievements are in few areas like dairy, jewellery and textile and garments," he said, adding, India was transitioning to become a fountain head of new knowledge and also emerge as a global hub of manuacturing. "We should be proud of the fact that more than one million engineers come out every year.., he said. "It is worth noting that South Korea has about 284 engineers out of 1,000 graduates, 230 in Japan and 210 in US, but in India it is hardly two," Vasagam said. India is the faster growing mobile market exceeding 900 million connections and 200 million TVs and producing more that 1,300 films in a year, he said.
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Coimbatore,Mar31 (PTI) India is making significant headway in emerging areas like biotechnology, nanotechnology, IT and computing and these achievements are made despite technology denial regimes and lack of high quality infrastructure, a top scientist said today. Demographic advantage with more than 55 per cent of the population in the age group of 18-35 has to be put to maximum use, R M Vasagam, Padmashri awardee and Chairman, National Design and Research Forum, Bangalore, said. A day will soon come when Indian talent is most sought after in cutting edge research in engineering and technologies, he said,delivering the convocation address at the Anna University of Technology, Coimbatore. "While we aspire for number one position in many areas, the achievements are in few areas like dairy, jewellery and textile and garments," he said, adding, India was transitioning to become a fountain head of new knowledge and also emerge as a global hub of manuacturing. "We should be proud of the fact that more than one million engineers come out every year.., he said. "It is worth noting that South Korea has about 284 engineers out of 1,000 graduates, 230 in Japan and 210 in US, but in India it is hardly two," Vasagam said. India is the faster growing mobile market exceeding 900 million connections and 200 million TVs and producing more that 1,300 films in a year, he said.
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India should push economic reforms for growth, investments
India should push economic reforms for growth, investments:
"SINGAPORE: India must push on with economic reforms as back tracking on such initiatives will impact growth as well as foreign investments, a senior banking official said here today. "It is disappointing that India back tracks on reforms," said David Carbon, Managing Director, Economic and Currency Research at the DBS Bank."
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"SINGAPORE: India must push on with economic reforms as back tracking on such initiatives will impact growth as well as foreign investments, a senior banking official said here today. "It is disappointing that India back tracks on reforms," said David Carbon, Managing Director, Economic and Currency Research at the DBS Bank."
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The Tribune, Chandigarh, India - Nation
The Tribune, Chandigarh, India - Nation:
"New Delhi, March 30 India and Brazil today signed six accords in diverse fields and agreed to take steps to exploit the full potential of their cooperation in defence, nuclear energy and other vital areas."
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"New Delhi, March 30 India and Brazil today signed six accords in diverse fields and agreed to take steps to exploit the full potential of their cooperation in defence, nuclear energy and other vital areas."
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Chinese hacker attack Indian websites
Chinese hacker attack Indian websites
"NEW YORK: Indian military research bodies and Tibetan activists have been targeted by hackers based in China, with a former graduate student at a Chinese university emerging as a key figure responsible for the cyber breach, according to a report by a computer security firm.
In its 24 page report, Tokyo-based Trend Micro said the hacking campaign, dubbed 'Luckycat' targeted Indian military research institutions, entities in Japan as well as the Tibetan community. The campaign, active since around June 2011, has been linked to 90 attacks against targets in Japan and India as well as Tibetan activists. In all, the Luckycat campaign managed to compromise 233 computers in systematic attacks. " 'via Blog this'
"NEW YORK: Indian military research bodies and Tibetan activists have been targeted by hackers based in China, with a former graduate student at a Chinese university emerging as a key figure responsible for the cyber breach, according to a report by a computer security firm.
In its 24 page report, Tokyo-based Trend Micro said the hacking campaign, dubbed 'Luckycat' targeted Indian military research institutions, entities in Japan as well as the Tibetan community. The campaign, active since around June 2011, has been linked to 90 attacks against targets in Japan and India as well as Tibetan activists. In all, the Luckycat campaign managed to compromise 233 computers in systematic attacks. " 'via Blog this'
Tuesday, March 27, 2012
Computer chips in school uniforms alert parents if students cut class - KCPQ
Computer chips in school uniforms alert parents if students cut class
"Twenty thousand students in 25 of Vitoria da Conquista's 213 public schools started using T-shirts with chips earlier this week, secretary Coriolano Moraes said by telephone. Radio frequency chips in "intelligent uniforms" let a computer know when children enter school and it sends a text message to their cell phones.
Parents are also alerted if kids don't show up 20 minutes after classes begin with the following message: "Your child has still not arrived at school." "We noticed that many parents would bring their children to school but would not see if they actually entered the building because they always left in a hurry to get to work on time," Moraes said in a telephone interview. "They would always be surprised when told of the number times their children skipped class"
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"Twenty thousand students in 25 of Vitoria da Conquista's 213 public schools started using T-shirts with chips earlier this week, secretary Coriolano Moraes said by telephone. Radio frequency chips in "intelligent uniforms" let a computer know when children enter school and it sends a text message to their cell phones.
Parents are also alerted if kids don't show up 20 minutes after classes begin with the following message: "Your child has still not arrived at school." "We noticed that many parents would bring their children to school but would not see if they actually entered the building because they always left in a hurry to get to work on time," Moraes said in a telephone interview. "They would always be surprised when told of the number times their children skipped class"
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Indian student wins YouTube Space Lab Asia-Pacific contest
Indian student wins YouTube Space Lab Asia-Pacific contest
"WASHINGTON: India's Sachin S Kukke is the Asia-Pacific region winner and one of the six global winners of the YouTube Space Lab 2012 contest for young people to design experiments that could be performed in outer space. The winners of the contest by YouTube and Lenovo, in cooperation with Space Adventures, NASA, ESA ( European Space Agency), and JAXA (Japan Aerospace Exploration Agency) were announced at a ceremony at the Newseum here Friday. Kukke's experiment explores transfer of heat in ferrofluid -- a special liquid that gets magnetized when subjected to a magnetic field.
The study can benefit development of advanced cooling and heat transfer systems. A student of mechanical engineering at the BMS College for Engineering in Bangalore, Kukke called on Indian Ambassador to the US Nirupama Rao and shared his experience of conceptualising and carrying out innovative scientific experiments, an Indian Embassy release said."
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"WASHINGTON: India's Sachin S Kukke is the Asia-Pacific region winner and one of the six global winners of the YouTube Space Lab 2012 contest for young people to design experiments that could be performed in outer space. The winners of the contest by YouTube and Lenovo, in cooperation with Space Adventures, NASA, ESA ( European Space Agency), and JAXA (Japan Aerospace Exploration Agency) were announced at a ceremony at the Newseum here Friday. Kukke's experiment explores transfer of heat in ferrofluid -- a special liquid that gets magnetized when subjected to a magnetic field.
The study can benefit development of advanced cooling and heat transfer systems. A student of mechanical engineering at the BMS College for Engineering in Bangalore, Kukke called on Indian Ambassador to the US Nirupama Rao and shared his experience of conceptualising and carrying out innovative scientific experiments, an Indian Embassy release said."
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How to recruit international students in China
How to recruit international students in China
"The branding and marketing techniques used to attract home students aren't going to cut it when recruiting overseas. Paul Hoskins explains how to differentiate yourself digitally in China
UK universities will need vision, agility, leadership and commitment to attract Chinese students Photograph: Murdo Macleod It is evident to me having spent a lot of time in China that for the majority of UK universities, their overarching brand positioning is irrelevant to the Chinese market. The differentiating factors, all relevant in the UK, are invalid and misunderstood by the students they seek to attract as well as the agents that represent them in the marketplace.
Chinese students have two main influencers when researching UK universities; the league tables, most specifically a university's performance in a particular subject area, and word of mouth. Note that US universities have been building their reputations in Asia for around 10 years longer than those in the UK, which means they benefit more from this type of exposure." 'via Blog this'
"The branding and marketing techniques used to attract home students aren't going to cut it when recruiting overseas. Paul Hoskins explains how to differentiate yourself digitally in China
UK universities will need vision, agility, leadership and commitment to attract Chinese students Photograph: Murdo Macleod It is evident to me having spent a lot of time in China that for the majority of UK universities, their overarching brand positioning is irrelevant to the Chinese market. The differentiating factors, all relevant in the UK, are invalid and misunderstood by the students they seek to attract as well as the agents that represent them in the marketplace.
Chinese students have two main influencers when researching UK universities; the league tables, most specifically a university's performance in a particular subject area, and word of mouth. Note that US universities have been building their reputations in Asia for around 10 years longer than those in the UK, which means they benefit more from this type of exposure." 'via Blog this'
Monday, March 26, 2012
SIO Hyderabad shows solidarity with Palestinians
SIO Hyderabad shows solidarity with Palestinians
"Hyderabad: With loud slogans against occupation of Palestine by Israel members of students’ Islamic Organization of India (SIO), Hyderabad assembled at Indira Park on Sunday evening to show solidarity with the people of Palestine, and particularly people of Gaza. The whole area in and around Indira Park protest ground echoed with the slogans ‘Israel down down’ and ‘People of Palestine we are with you’. The program started with one mile long march to show moral support to the global march to Jerusalem 2012."
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Call to make Tamil compulsory subject for Indian students
Call to make Tamil compulsory subject for Indian students
"KUALA LUMPUR (March 25, 2012): Deputy Information, Communications and Culture Minister Datuk Maglin Dennis D'Cruz today proposed that Tamil be made a compulsory subject for Indian students in national schools to prevent erosion of the language in the younger generation. He said this would ensure that they will not only be able to speak in the language but also read Tamil publications as well. At present, Tamil students can only speak in their mother tongue but cannot read in that language, he said, adding that this indirectly had an influence on the publication of works in Tamil. "This issue should be given consideration or it will be difficult to address the shortage of works in Tamil," he told reporters after closing the "Mari Membaca 1Malaysia: Ore Malaysia Vaasika Vaarunggal" reading programme, here."
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"KUALA LUMPUR (March 25, 2012): Deputy Information, Communications and Culture Minister Datuk Maglin Dennis D'Cruz today proposed that Tamil be made a compulsory subject for Indian students in national schools to prevent erosion of the language in the younger generation. He said this would ensure that they will not only be able to speak in the language but also read Tamil publications as well. At present, Tamil students can only speak in their mother tongue but cannot read in that language, he said, adding that this indirectly had an influence on the publication of works in Tamil. "This issue should be given consideration or it will be difficult to address the shortage of works in Tamil," he told reporters after closing the "Mari Membaca 1Malaysia: Ore Malaysia Vaasika Vaarunggal" reading programme, here."
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The Hindu : Education / Research : Telugu students from IIT Bombay in MIT innovators list
The Hindu : Education / Research : Telugu students from IIT Bombay in MIT innovators list:
"Two Telugu students have made the State proud making it into MIT's India TR35 2012 young technology innovators list among the 20 selected across the country for their innovative projects.
The list of innovators was recently released by the Indian Edition of MIT Technology review for the year 2012. All the chosen innovators are under 35 years and have contributed in diverse areas like computing, transportation, biomedicine, energy, communications, materials and the web.
V.S.K. Murthy Balijepalli and Vanteru Mahendra Reddy – both presently pursuing research at IIT Bombay hail from the State and their research is being considered as path-breaking in their respective fields. While V.S.K. Murthy made it to the list for developing a method to estimate electricity cost, grid frequency and load that can help make power networks smarter, Mahendra Reddy was chosen for development of a lab-scale flameless combustion with liquid fuels."
'via Blog this'
"Two Telugu students have made the State proud making it into MIT's India TR35 2012 young technology innovators list among the 20 selected across the country for their innovative projects.
The list of innovators was recently released by the Indian Edition of MIT Technology review for the year 2012. All the chosen innovators are under 35 years and have contributed in diverse areas like computing, transportation, biomedicine, energy, communications, materials and the web.
V.S.K. Murthy Balijepalli and Vanteru Mahendra Reddy – both presently pursuing research at IIT Bombay hail from the State and their research is being considered as path-breaking in their respective fields. While V.S.K. Murthy made it to the list for developing a method to estimate electricity cost, grid frequency and load that can help make power networks smarter, Mahendra Reddy was chosen for development of a lab-scale flameless combustion with liquid fuels."
'via Blog this'
RM16.5m aid for Indian students - General - New Straits Times
RM16.5m aid for Indian students - General
"KUALA LUMPUR: SIX private institutions of higher learning have come forward to provide scholarships worth RM16.5 million for Indian students. The scholarships, a joint effort with the Malaysian Indian Congress, will benefit 250 to 300 Sijil Pelajaran Malaysia (SPM) students nationwide, said MIC vice-president Datuk S.K. Devamany.
"The scholarships are for both high-achievers and under-achievers, and could be used for skills training as well. "Those interested can apply through the MIC branches and divisions," he said when launching a seminar for SPM students organised by MIC Youth. The universities providing the scholarship are Limkokwing University of Creative Technology, Kuala Lumpur Metropolitan University College, Binary University College, Nirwana College, Putra Intelek International College and HELP University."
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"KUALA LUMPUR: SIX private institutions of higher learning have come forward to provide scholarships worth RM16.5 million for Indian students. The scholarships, a joint effort with the Malaysian Indian Congress, will benefit 250 to 300 Sijil Pelajaran Malaysia (SPM) students nationwide, said MIC vice-president Datuk S.K. Devamany.
"The scholarships are for both high-achievers and under-achievers, and could be used for skills training as well. "Those interested can apply through the MIC branches and divisions," he said when launching a seminar for SPM students organised by MIC Youth. The universities providing the scholarship are Limkokwing University of Creative Technology, Kuala Lumpur Metropolitan University College, Binary University College, Nirwana College, Putra Intelek International College and HELP University."
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Indian student Rajesh Kumar jailed for Curtin University English test bribes
Indian student Rajesh Kumar jailed for Curtin University English test bribes
"AN Indian student has been jailed for 14 months for his part in a bribery scheme at Perth's Curtin University. The scheme falsified official English test scores used for granting Australian permanent residency and visas. Rajesh Kumar was sentenced in the West Australian District Court on Monday, after pleading guilty to 10 counts of bribery between November 2009 and June 2010.
Nine other people have been convicted and sentenced in relation to the bribery scheme, after the state's Corruption and Crime Commission charged 12 people with a total of 73 offences. The court heard that Kumar became an intermediary in the scheme, personally receiving between $32,000 and $44,000 for his part, after initially paying to have his own International English Testing System (IELTS) results falsified by Kok Keith Low, a Curtin University English Language Centre employee." 'via Blog this'
"AN Indian student has been jailed for 14 months for his part in a bribery scheme at Perth's Curtin University. The scheme falsified official English test scores used for granting Australian permanent residency and visas. Rajesh Kumar was sentenced in the West Australian District Court on Monday, after pleading guilty to 10 counts of bribery between November 2009 and June 2010.
Nine other people have been convicted and sentenced in relation to the bribery scheme, after the state's Corruption and Crime Commission charged 12 people with a total of 73 offences. The court heard that Kumar became an intermediary in the scheme, personally receiving between $32,000 and $44,000 for his part, after initially paying to have his own International English Testing System (IELTS) results falsified by Kok Keith Low, a Curtin University English Language Centre employee." 'via Blog this'
Strike threat: Air India says there will be no disruption of flights
Strike threat: Air India says there will be no disruption of flights
"Faced with a strike threat from a section of pilots from April 2, Air India on Sunday claimed there will be no disruption in operations even as its largest union, ACEU, distanced itself from the agitation. The airlines came out with a statement, saying "there is no threat of any strike from any of the registered unions of Air India employees and all its operations will be normal". In a breather to the debt-laden national carrier, the Air Corporation Employees Union (ACEU), which has the backing of 12 associations and union of the airlines, issued a separate statement saying it has not given any strike notice of its members including ground staff, cabin crew and other categories and that the operations will be smooth."
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"Faced with a strike threat from a section of pilots from April 2, Air India on Sunday claimed there will be no disruption in operations even as its largest union, ACEU, distanced itself from the agitation. The airlines came out with a statement, saying "there is no threat of any strike from any of the registered unions of Air India employees and all its operations will be normal". In a breather to the debt-laden national carrier, the Air Corporation Employees Union (ACEU), which has the backing of 12 associations and union of the airlines, issued a separate statement saying it has not given any strike notice of its members including ground staff, cabin crew and other categories and that the operations will be smooth."
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Govt media managers rue hurdles in salary hike
Govt media managers rue hurdles in salary hike
"As the government's communication specialists, they hook poor Indians on to a raft of welfare measures, such as tempting children to school with a humble bait: a free meal. In other instances, they could be advising farmers on soft government loans.
These employees are the officialdom's equivalent of campaign managers of the high-paying and glossy PR world. Working mostly behind-the-scenes, they have an all-important mandate — keeping ordinary Indians posted on government programmes through campaigns, such as the flagship Bharat Nirman (nation-building).
Yet, these foot soldiers of the Indian Information Service continue to miss out on better pay and entitlements, despite a decision to merge the grade III and grade IV categories of the employees, according to a reply in Parliament on March 20." 'via Blog this'
"As the government's communication specialists, they hook poor Indians on to a raft of welfare measures, such as tempting children to school with a humble bait: a free meal. In other instances, they could be advising farmers on soft government loans.
These employees are the officialdom's equivalent of campaign managers of the high-paying and glossy PR world. Working mostly behind-the-scenes, they have an all-important mandate — keeping ordinary Indians posted on government programmes through campaigns, such as the flagship Bharat Nirman (nation-building).
Yet, these foot soldiers of the Indian Information Service continue to miss out on better pay and entitlements, despite a decision to merge the grade III and grade IV categories of the employees, according to a reply in Parliament on March 20." 'via Blog this'
'India has very tight system to protect N-assets'
'India has very tight system to protect N-assets':
"New Delhi, March 25: India has a "very tight sytem" in place to protect its nuclear assets and there is no need to augment this with a specialised force, official sources said Saturday. At the same time, the security of Pakistan's nuclear assets is a matter of concern, they added.
"We have a very tight system in place. Therefore, please don't assume what you don't know doesn't exist," the sources said in response to a question whether the government was mulling a specialised Nuclear Security Force as the Central Industrial Security Force, which currently guards civilian nuclear assets was stretched thin due to the diverse tasks it has to perform.
"Our material is very secure. You can take it from me that we are very, very tight," the sources said" 'via Blog this'
"New Delhi, March 25: India has a "very tight sytem" in place to protect its nuclear assets and there is no need to augment this with a specialised force, official sources said Saturday. At the same time, the security of Pakistan's nuclear assets is a matter of concern, they added.
"We have a very tight system in place. Therefore, please don't assume what you don't know doesn't exist," the sources said in response to a question whether the government was mulling a specialised Nuclear Security Force as the Central Industrial Security Force, which currently guards civilian nuclear assets was stretched thin due to the diverse tasks it has to perform.
"Our material is very secure. You can take it from me that we are very, very tight," the sources said" 'via Blog this'
Visa curbs: US, Indian IT firms seek US president Barack Obama's help
Visa curbs: US, Indian IT firms seek US president Barack Obama's help
"WASHINGTON: India's IT majors and their US clients and collaborators, including several large US corporations, have taken complaints about increasingly restrictive US visa policies to president Barack Obama, seeking his intervention to overcome curbs on incoming professional personnel from India.
At the heart of the grievance from companies in both countries is the "unprecedented delays and uncertainty" that US immigration authorities are creating around L-1 visas, which are used for intra-company transfers of employees from foreign offices to US offices. The companies say US immigration authorities are exceeding the law and misinterpreting rules in rejecting L-1 visa, affecting operations."
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"WASHINGTON: India's IT majors and their US clients and collaborators, including several large US corporations, have taken complaints about increasingly restrictive US visa policies to president Barack Obama, seeking his intervention to overcome curbs on incoming professional personnel from India.
At the heart of the grievance from companies in both countries is the "unprecedented delays and uncertainty" that US immigration authorities are creating around L-1 visas, which are used for intra-company transfers of employees from foreign offices to US offices. The companies say US immigration authorities are exceeding the law and misinterpreting rules in rejecting L-1 visa, affecting operations."
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US senator working on bill to allow more visas to Indians
US senator working on bill to allow more visas to Indians
"NEW YORK: Amid Indian IT firms' concerns over restrictive US visa policies for their employees, a top American senator has assured that he is working on a bipartisan bill that will reform immigration laws and allow more Indians to come to America.
Influential US Senator from New York Chuck Schumer and Senate Majority Leader Harry Reid met noted Indian-American hotelier and Chairman of Indian-American Democrats Sant Singh Chatwal at his Manhattan hotel here on Friday.
During the nearly hour long meeting, the three discussed India-US bilateral relations, with Chatwal raising concerns of Indian IT corporations regarding problems faced by them in obtaining work visas like H1B and L1 for their employees. " 'via Blog this'
"NEW YORK: Amid Indian IT firms' concerns over restrictive US visa policies for their employees, a top American senator has assured that he is working on a bipartisan bill that will reform immigration laws and allow more Indians to come to America.
Influential US Senator from New York Chuck Schumer and Senate Majority Leader Harry Reid met noted Indian-American hotelier and Chairman of Indian-American Democrats Sant Singh Chatwal at his Manhattan hotel here on Friday.
During the nearly hour long meeting, the three discussed India-US bilateral relations, with Chatwal raising concerns of Indian IT corporations regarding problems faced by them in obtaining work visas like H1B and L1 for their employees. " 'via Blog this'
Going global: Chinese firms hiring more Indians
Going global: Chinese firms hiring more Indians
"It’s not quite the Chinese way of doing things, but localisation seems to be the mantra among big Chinese firms setting shops here—with an eye on expanding Indian market. Shanghai Electric Corporation, the biggest Chinese power company that has recently announced its Indian subsidiary, is set to recruit over 90% of its staffs from India. The telecom major Huawei, which runs its biggest Research Office outside China, has 2000 Indian employees at its Bangalore office that began operations in 1998.
The firm says 98% of its staff is Indian. Recruiting locals seem to be helping these firms in more ways than one. First, it easily addresses the complex visa regimes between the two countries. Besides creating employment opportunities for Indians, the firms also benefit from the Indian talent pool in terms of their R&D skills.
Chinese firms are also eyeing the expanding Indian markets. “India is a major future market for us. And we plans to have more than 90% of the staffs from India,” says president of Shanghai Electric Group " 'via Blog this'
"It’s not quite the Chinese way of doing things, but localisation seems to be the mantra among big Chinese firms setting shops here—with an eye on expanding Indian market. Shanghai Electric Corporation, the biggest Chinese power company that has recently announced its Indian subsidiary, is set to recruit over 90% of its staffs from India. The telecom major Huawei, which runs its biggest Research Office outside China, has 2000 Indian employees at its Bangalore office that began operations in 1998.
The firm says 98% of its staff is Indian. Recruiting locals seem to be helping these firms in more ways than one. First, it easily addresses the complex visa regimes between the two countries. Besides creating employment opportunities for Indians, the firms also benefit from the Indian talent pool in terms of their R&D skills.
Chinese firms are also eyeing the expanding Indian markets. “India is a major future market for us. And we plans to have more than 90% of the staffs from India,” says president of Shanghai Electric Group " 'via Blog this'
Sunday, March 25, 2012
AFSPA has to go: Human Rights Watch's Kenneth Roth - India - DNA
AFSPA has to go: Human Rights Watch's Kenneth Roth
"Human Rights Watch executive director Kenneth Roth, who has headed several human rights investigations and missions around the world, was in Mumbai to address an Observer Research Foundation talk on ‘Human Rights in the Changing World Today.’ Yogesh Pawar caught him on the sidelines of his talk. Excerpts from an interview: Some say that by voting for a US-backed resolution urging Sri Lanka to probe rights abuses in the war with the Liberation Tigers of Tamil Eelam (LTTE),
India has only ended up pushing the island nation further into China’s arms?"
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"Human Rights Watch executive director Kenneth Roth, who has headed several human rights investigations and missions around the world, was in Mumbai to address an Observer Research Foundation talk on ‘Human Rights in the Changing World Today.’ Yogesh Pawar caught him on the sidelines of his talk. Excerpts from an interview: Some say that by voting for a US-backed resolution urging Sri Lanka to probe rights abuses in the war with the Liberation Tigers of Tamil Eelam (LTTE),
India has only ended up pushing the island nation further into China’s arms?"
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'Major crop productivity in India just half of that in China'
'Major crop productivity in India just half of that in China':
"New Delhi: Productivity of major food crops such as wheat, rice, maize and pulses in India is almost half of that in neighbouring China, according to a data.
In fact, yield of staple grains like maize and pulses in India is even less than that of countries like Pakistan, Bangladesh, Nepal and Myanmar, the data presented in Parliament by Agriculture Minister Sharad Pawar last week said.
The productivity of rice in India is 3,264 kg per hectare, while in China it is 6,548 kg a hectare, the data compiled by UN's agriculture body FAO for the year 2010 said.
It is also high in Bangladesh at 4,182 kg/hectare and Myanmar at 4,123 kg per hectare. China also tops the list in wheat with yields of 4,748 kg per hectare, whereas for India it stands at 3,264 kg a hectare.
India stands at the bottom in terms of maize and pulses productivity compared to China, Pakistan, Bangladesh, Nepal, Sri Lanka and Myanmar. " 'via Blog this'
"New Delhi: Productivity of major food crops such as wheat, rice, maize and pulses in India is almost half of that in neighbouring China, according to a data.
In fact, yield of staple grains like maize and pulses in India is even less than that of countries like Pakistan, Bangladesh, Nepal and Myanmar, the data presented in Parliament by Agriculture Minister Sharad Pawar last week said.
The productivity of rice in India is 3,264 kg per hectare, while in China it is 6,548 kg a hectare, the data compiled by UN's agriculture body FAO for the year 2010 said.
It is also high in Bangladesh at 4,182 kg/hectare and Myanmar at 4,123 kg per hectare. China also tops the list in wheat with yields of 4,748 kg per hectare, whereas for India it stands at 3,264 kg a hectare.
India stands at the bottom in terms of maize and pulses productivity compared to China, Pakistan, Bangladesh, Nepal, Sri Lanka and Myanmar. " 'via Blog this'
Full text of India-Korea strategic partnership deal
Full text of India-Korea strategic partnership deal
"New Delhi: Indian Prime Minister Manmohan Singh met South Korean President Lee Myung-Bak in Seoul on Sunday. The duo issued a joint statement post-meeting that said that the two leaders pledged to enhance cooperation in the peaceful uses of outer space as envisaged in the MoU on cooperation between the Indian Space Research Organisation (ISRO) and the Korea Aerospace Research Institute (KARI). The full text of the deal India - Republic of Korea Joint Statement : Deepening the Strategic Partnership
March 25, 2012
1. The Prime Minister of India, Dr. Manmohan Singh paid an Official Visit to the Republic of Korea (ROK), at the invitation of President Lee Myung-bak, on 25 March 2012. The Prime Minister of India, his spouse Shrimati Gursharan Kaur and the accompanying delegation were received with great warmth and accorded a ceremonial welcome at the Blue House.
Prime Minister Singh held a restricted summit meeting with President Lee, followed by delegation level talks. Thereafter, a luncheon banquet was hosted by President Lee in honour of the visiting dignitary and his delegation."
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"New Delhi: Indian Prime Minister Manmohan Singh met South Korean President Lee Myung-Bak in Seoul on Sunday. The duo issued a joint statement post-meeting that said that the two leaders pledged to enhance cooperation in the peaceful uses of outer space as envisaged in the MoU on cooperation between the Indian Space Research Organisation (ISRO) and the Korea Aerospace Research Institute (KARI). The full text of the deal India - Republic of Korea Joint Statement : Deepening the Strategic Partnership
March 25, 2012
1. The Prime Minister of India, Dr. Manmohan Singh paid an Official Visit to the Republic of Korea (ROK), at the invitation of President Lee Myung-bak, on 25 March 2012. The Prime Minister of India, his spouse Shrimati Gursharan Kaur and the accompanying delegation were received with great warmth and accorded a ceremonial welcome at the Blue House.
Prime Minister Singh held a restricted summit meeting with President Lee, followed by delegation level talks. Thereafter, a luncheon banquet was hosted by President Lee in honour of the visiting dignitary and his delegation."
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Health / Policy & Issues : Need for new TB drugs
Health / Policy & Issues : Need for new TB drugs:
"Tuberculosis (TB), a raging problem in Europe and Americas till early 20 century, now predominantly affects the developing world where it continues to be a major health problem and is making in roads even into the developed world. Globally, a TB associated death happens every 20 seconds. India has 20 per cent of the global burden of TB. TB is one of the leading causes of mortality in India, with nearly 1000 deaths a day." 'via Blog this'
"Tuberculosis (TB), a raging problem in Europe and Americas till early 20 century, now predominantly affects the developing world where it continues to be a major health problem and is making in roads even into the developed world. Globally, a TB associated death happens every 20 seconds. India has 20 per cent of the global burden of TB. TB is one of the leading causes of mortality in India, with nearly 1000 deaths a day." 'via Blog this'
Indian universities trail Chinese in research
Indian universities trail Chinese in research:
"Chinese higher education institutions are three times ahead of their Indian counterparts in research performance, a new comparative study has shown, exposing the deep chasm between the centres of higher learning in two Asian giants. The top 20 Indian institutes producing doctoral students are way off behind Chinese universities and institutes producing PhDs, according to an analysis by CSIR National Institute of Science Communication and Information Resources, here.
The comparison is made on the basis of three quality parameters and quantity of research output. Peaking University, which tops the list from the Chinese side, is almost three times ahead of India's best performing institute—Indian Institute of Science in Bangalore"
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"Chinese higher education institutions are three times ahead of their Indian counterparts in research performance, a new comparative study has shown, exposing the deep chasm between the centres of higher learning in two Asian giants. The top 20 Indian institutes producing doctoral students are way off behind Chinese universities and institutes producing PhDs, according to an analysis by CSIR National Institute of Science Communication and Information Resources, here.
The comparison is made on the basis of three quality parameters and quantity of research output. Peaking University, which tops the list from the Chinese side, is almost three times ahead of India's best performing institute—Indian Institute of Science in Bangalore"
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Afghanistan to double the number of students in India
Afghanistan to double the number of students in India
"Afghanistan proposes to double the number of its students in Indian and Turkish universities as part of moves to boost educational standards in the war torn country, President Hamid Karzai said in Kabu
He said the numbers of Afghan students to be send to Indian and Turkish universities would be raised from 500 to 1,000 this year and for this the government was increasing the foreign study allocation to USD 10 million from the present USD 5 million." 'via Blog this'
"Afghanistan proposes to double the number of its students in Indian and Turkish universities as part of moves to boost educational standards in the war torn country, President Hamid Karzai said in Kabu
He said the numbers of Afghan students to be send to Indian and Turkish universities would be raised from 500 to 1,000 this year and for this the government was increasing the foreign study allocation to USD 10 million from the present USD 5 million." 'via Blog this'
Cities / Chennai : Keep checks on students living outside hostels, CoP tells colleges
The Hindu : Cities / Chennai : Keep checks on students living outside hostels, CoP tells colleges:
"Police have advised educational institutions in the city and suburbs to maintain a database of students residing outside college hostels. This comes in the wake of the recent arrest of a private engineering college student hailing from Bihar, who was found in possession of a country-made gun and bullets. Speaking to reporters on Saturday evening, Commissioner of Police J.K. Tripathy termed the case a ‘stray incident' but at the same time urged all educational institutions to remain vigilant and collect records of students residing off-campus.
“We appeal to the institutions to have a database with at least minimum information on every student so that in the event of police requiring this information for verification, the procedure of sharing could be simplified,” Mr. Tripathy added."
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"Police have advised educational institutions in the city and suburbs to maintain a database of students residing outside college hostels. This comes in the wake of the recent arrest of a private engineering college student hailing from Bihar, who was found in possession of a country-made gun and bullets. Speaking to reporters on Saturday evening, Commissioner of Police J.K. Tripathy termed the case a ‘stray incident' but at the same time urged all educational institutions to remain vigilant and collect records of students residing off-campus.
“We appeal to the institutions to have a database with at least minimum information on every student so that in the event of police requiring this information for verification, the procedure of sharing could be simplified,” Mr. Tripathy added."
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Saturday, March 24, 2012
Pak students create world's largest painting
Pak students create world's largest painting:
"A group of about 1,000 students of colleges and universities from across Pakistan's Punjab province have created what is being described as the world's largest painting of 41,685 square feet. The students finished the painting at the Punjab Hockey Stadium in Lahore in seven hours yesterday, said the organisers of the event to create the world's largest painting to mark Pakistan Day.
A large number of people gathered at the stadium to watch the students. The current record in the Guinness Book of World Records is held by a 33,000 square-foot painting. Salma Turab of Purple Art and Communications, which organised yesterday's event, told the media that the previous record was created in Nigeria in 2010.
"Pakistan has broken it today," she contended. Turab said the international procedure for setting such a record had been followed and an aerial view of the artwork and videos had been sent to the authorities of the Guinness World Records and they had declared it a new record. " 'via Blog this'
"A group of about 1,000 students of colleges and universities from across Pakistan's Punjab province have created what is being described as the world's largest painting of 41,685 square feet. The students finished the painting at the Punjab Hockey Stadium in Lahore in seven hours yesterday, said the organisers of the event to create the world's largest painting to mark Pakistan Day.
A large number of people gathered at the stadium to watch the students. The current record in the Guinness Book of World Records is held by a 33,000 square-foot painting. Salma Turab of Purple Art and Communications, which organised yesterday's event, told the media that the previous record was created in Nigeria in 2010.
"Pakistan has broken it today," she contended. Turab said the international procedure for setting such a record had been followed and an aerial view of the artwork and videos had been sent to the authorities of the Guinness World Records and they had declared it a new record. " 'via Blog this'
Cities / Tiruchirapalli : 39,329 students to get free laptops
Cities / Tiruchirapalli : 39,329 students to get free laptops:
"About 39,329 school and college students in Tiruchi district would get the free laptops given by the government this year. These include 22,543 Plus Two school students, 12,110 students of government and aided arts and science colleges, 2,446 students of government and aided polytechnic colleges and 2,230 students of government and aided engineering colleges.
On Friday, the laptops were distributed to 2,213 engineering and polytechnic students by N.R.Sivapathi, Minister for School Education, Youth Welfare and Sports, in the presence of Collector Jayashree Muralidharan. INAUGURATION The distribution exercise was inaugurated in the district by Chief Minister Jayalalithaa at a government function recently, when she distributed the laptops to 1,055 Plus Two students and 185 students of the Government Arts College at Inamkulathur.
Speaking after distributing the laptops to students at the Anna University of Technology, Tiruchi, PNRM Polytechnic, Government Polytechnic and Seshasayee Institute of Technology, Mr.Sivapathi said the scheme announced by the Chief Minister has come as a boon for students from low and middle income group families who could not afford to buy laptops."
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"About 39,329 school and college students in Tiruchi district would get the free laptops given by the government this year. These include 22,543 Plus Two school students, 12,110 students of government and aided arts and science colleges, 2,446 students of government and aided polytechnic colleges and 2,230 students of government and aided engineering colleges.
On Friday, the laptops were distributed to 2,213 engineering and polytechnic students by N.R.Sivapathi, Minister for School Education, Youth Welfare and Sports, in the presence of Collector Jayashree Muralidharan. INAUGURATION The distribution exercise was inaugurated in the district by Chief Minister Jayalalithaa at a government function recently, when she distributed the laptops to 1,055 Plus Two students and 185 students of the Government Arts College at Inamkulathur.
Speaking after distributing the laptops to students at the Anna University of Technology, Tiruchi, PNRM Polytechnic, Government Polytechnic and Seshasayee Institute of Technology, Mr.Sivapathi said the scheme announced by the Chief Minister has come as a boon for students from low and middle income group families who could not afford to buy laptops."
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Oz announces changes to student visa regime
Oz announces changes to student visa regime:
"Melbourne: Faced with dwindling international enrollments, Australian government has announced a slew of changes to its student visa regime including the doubling of working hours limit. Also from Saturday, all visa applicants, regardless of country of origin, applying to study in Bachelor, Masters or Doctoral degrees at participating universities, will be treated as though they are lower risk and will need to submit less evidence in support of their visa application.
From March 26, more flexible work conditions for all student visa holders will be introduced, Minister for Immigration and Citizenship, Chris Bowen, said yesterday. All students will be entitled to work a maximum of 40 hours over a two-week period, rather than being restricted to 20 hours each week. " 'via Blog this'
"Melbourne: Faced with dwindling international enrollments, Australian government has announced a slew of changes to its student visa regime including the doubling of working hours limit. Also from Saturday, all visa applicants, regardless of country of origin, applying to study in Bachelor, Masters or Doctoral degrees at participating universities, will be treated as though they are lower risk and will need to submit less evidence in support of their visa application.
From March 26, more flexible work conditions for all student visa holders will be introduced, Minister for Immigration and Citizenship, Chris Bowen, said yesterday. All students will be entitled to work a maximum of 40 hours over a two-week period, rather than being restricted to 20 hours each week. " 'via Blog this'
Friday, March 23, 2012
At B-schools, students opt for internships with political parties
At B-schools, students opt for internships with political parties
"MUMBAI: Last February, about 50 students from the Bharathidasan Institute of Management (BIM), Trichy, along with some 70 corporate executives sat through a conference in New Delhi on management challenges faced by political parties. Union minister Salman Khurshid, CPI National Secretary D Raja and BJP National Secretary Bhupendra Yadav discussed the deep, internal processes of their respective parties in the session titled 'Left, Right & Centre'.
This summer, Sandeep Pavan Kumar and Sujoy Biswas, two first-year BIM students signed up for internships with BJP. Sandeep and Sujoy's choice for internship mirrors the curiosity and enthusiasm among B-school students to explore politics as a classroom to learn management skills. This is hardly a mainstream trend yet, but for a fair sprinkling of students from IIMs in Ahmedabad, Bangalore, and Calcutta, political parties are the new cool internship destination. "
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"MUMBAI: Last February, about 50 students from the Bharathidasan Institute of Management (BIM), Trichy, along with some 70 corporate executives sat through a conference in New Delhi on management challenges faced by political parties. Union minister Salman Khurshid, CPI National Secretary D Raja and BJP National Secretary Bhupendra Yadav discussed the deep, internal processes of their respective parties in the session titled 'Left, Right & Centre'.
This summer, Sandeep Pavan Kumar and Sujoy Biswas, two first-year BIM students signed up for internships with BJP. Sandeep and Sujoy's choice for internship mirrors the curiosity and enthusiasm among B-school students to explore politics as a classroom to learn management skills. This is hardly a mainstream trend yet, but for a fair sprinkling of students from IIMs in Ahmedabad, Bangalore, and Calcutta, political parties are the new cool internship destination. "
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Now, CBSE, ISC students can apply to Oxford varsity
Now, CBSE, ISC students can apply to Oxford varsity - Hindustan Times:
"The University of Oxford in the UK will from next year accept applications of students graduating from Central Board of Secondary Education (CBSE) and Council for Indian School Certificate Examination schools for admission to undergraduate courses. So far, Oxford, and other UK universities accepted Indian students’ applications based on international board scores: the A-Levels and International Baccalaureate qualifications and the SATs.
Until now, only a few universities would accept ISC or CBSE scores, and only for a few courses. Oxford vice-chancellor Andrew Hamilton has been in India since Monday. He made the announcement on the policy change at an event in Kolkata on Thursday and will make a formal announcement when he speaks at the Indian Institute of Technology-Kharagpur on Friday." 'via Blog this'
"The University of Oxford in the UK will from next year accept applications of students graduating from Central Board of Secondary Education (CBSE) and Council for Indian School Certificate Examination schools for admission to undergraduate courses. So far, Oxford, and other UK universities accepted Indian students’ applications based on international board scores: the A-Levels and International Baccalaureate qualifications and the SATs.
Until now, only a few universities would accept ISC or CBSE scores, and only for a few courses. Oxford vice-chancellor Andrew Hamilton has been in India since Monday. He made the announcement on the policy change at an event in Kolkata on Thursday and will make a formal announcement when he speaks at the Indian Institute of Technology-Kharagpur on Friday." 'via Blog this'
Thursday, March 22, 2012
Are Indian students shunning US business schools?
Are Indian students shunning US business schools? "
Less than two months after India's Soumitra Dutta took over as the dean at US's Cornell University's Johnson Business School, Srilata A Zaheer became the first Indian woman to head the Carlson School of Management at the University of Minnesota.
In an emailed interview to M Saraswathy, she shares her goals and India plans."
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US visa norms ease for Indian tourists, students
US visa norms ease for Indian tourists, students - The Times of India:
"NEW DELHI: Indians renewing visas to the US within four years will be exempted from a personal interview. Announcing this here on Wednesday, assistant secretary of state for consular affairs Janice Jacobs said the new rules would apply to visa categories B1, B2, C and D. Jacobs, who is here for the US-India consular dialogue, is likely to face New Delhi's concern about the growing rate of rejection of Indian work visas by the US.
"This new programme will permit consular officers to waive interviews for some qualified applicants who are renewing their visa within 48 months or four years, of expiration of their previous visa and within the same classification as the previous visa," Jacobs said. She clarified that these new rules would apply "for tourists, business travelers, crew members and for students." "Beginning today, our consulates in India are introducing a new programme to streamline the visa renewal process. Over time, this programme has the potential to benefit hundreds of thousands of visa applicants here in India," she said." 'via Blog this'
"NEW DELHI: Indians renewing visas to the US within four years will be exempted from a personal interview. Announcing this here on Wednesday, assistant secretary of state for consular affairs Janice Jacobs said the new rules would apply to visa categories B1, B2, C and D. Jacobs, who is here for the US-India consular dialogue, is likely to face New Delhi's concern about the growing rate of rejection of Indian work visas by the US.
"This new programme will permit consular officers to waive interviews for some qualified applicants who are renewing their visa within 48 months or four years, of expiration of their previous visa and within the same classification as the previous visa," Jacobs said. She clarified that these new rules would apply "for tourists, business travelers, crew members and for students." "Beginning today, our consulates in India are introducing a new programme to streamline the visa renewal process. Over time, this programme has the potential to benefit hundreds of thousands of visa applicants here in India," she said." 'via Blog this'
The Hindu : States / Tamil Nadu : Medical students boycott counselling
The Hindu : States / Tamil Nadu : Medical students boycott counselling:
"Postgraduate diploma doctors on Wednesday boycotted counselling, alleging lack of transparency in the vacancy list issued by the Directorate of Medical Services. The PG diploma students, who had earlier served in various government hospitals and primary health centres, had taken the required entrance examination for counselling and were called for the same. However, most of the students waiting for counselling at the Directorate of Medical Education (DME)'s office in Kilpauk were in for a shock as they were not given the full list of vacancies in the State-run hospitals. Students said that in the past five years, the lack of transparency in vacancy had become more serious.
The graduates had taken up PG diploma courses in specialties such as anaesthesia, paediatrics, ENT and ophthalmology after several years of service in primary health centres and peripheral hospitals. According to them, there were 30 vacancies in paediatrics, but only 17 had found place in the list. Similarly, vacancies in anaesthesia in various GHs were not listed."
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"Postgraduate diploma doctors on Wednesday boycotted counselling, alleging lack of transparency in the vacancy list issued by the Directorate of Medical Services. The PG diploma students, who had earlier served in various government hospitals and primary health centres, had taken the required entrance examination for counselling and were called for the same. However, most of the students waiting for counselling at the Directorate of Medical Education (DME)'s office in Kilpauk were in for a shock as they were not given the full list of vacancies in the State-run hospitals. Students said that in the past five years, the lack of transparency in vacancy had become more serious.
The graduates had taken up PG diploma courses in specialties such as anaesthesia, paediatrics, ENT and ophthalmology after several years of service in primary health centres and peripheral hospitals. According to them, there were 30 vacancies in paediatrics, but only 17 had found place in the list. Similarly, vacancies in anaesthesia in various GHs were not listed."
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Metrics Show Surge in Google Chrome Use on Weekends - Digits - WSJ
Metrics Show Surge in Google Chrome Use on Weekends - Digits - WSJ:
"In the Web browser wars, Google’s Chrome is slowly chipping away at market share held by Microsoft’s Internet Explorer, especially when it comes to weekend use. Data from web analytics firm StatCounter highlight how global use of Chrome spikes on the weekend at the expense of IE. StatCounter tallies page views of websites in different browsers and then shows the percentage of views from each browser, including Firefox, Safari and Opera. While those latter three don’t fluctuate much during the week, Chrome peaks on the weekends and dips on the weekdays, while the opposite happens with IE. This suggests people are more likely using IE on their work computers and Chrome on their home PCs. “Whether Chrome can take the lead in the browser wars in the long term remains to be seen, however the trend towards Chrome usage at weekends is undeniable,” StatCounter CEO Aodhan Cullen in a statement. “At weekends, when people are free to choose what browser to use, many of them are selecting Chrome in preference to IE.”" 'via Blog this'
"In the Web browser wars, Google’s Chrome is slowly chipping away at market share held by Microsoft’s Internet Explorer, especially when it comes to weekend use. Data from web analytics firm StatCounter highlight how global use of Chrome spikes on the weekend at the expense of IE. StatCounter tallies page views of websites in different browsers and then shows the percentage of views from each browser, including Firefox, Safari and Opera. While those latter three don’t fluctuate much during the week, Chrome peaks on the weekends and dips on the weekdays, while the opposite happens with IE. This suggests people are more likely using IE on their work computers and Chrome on their home PCs. “Whether Chrome can take the lead in the browser wars in the long term remains to be seen, however the trend towards Chrome usage at weekends is undeniable,” StatCounter CEO Aodhan Cullen in a statement. “At weekends, when people are free to choose what browser to use, many of them are selecting Chrome in preference to IE.”" 'via Blog this'
Indian Mobile Operators Are Priming their Networks for Mobile Broadband Uptake, Says ABI Research
Indian Mobile Operators Are Priming their Networks for Mobile Broadband Uptake, Says ABI Research - MarketWatch:
"There are a number of challenges to kick-starting the Indian mobile broadband market. The large landmass and population are two substantial reasons, but India’s low average monthly revenue per user (US$3-5) also constrains cash flow to fund infrastructure investments. Indian operators are executing a number of initiatives: -- Offloading their capital and operating expenditure-intensive base station towers to tower management companies. -- Forging relationships with not just Nokia, Samsung, and LG, but also lower cost handset manufacturers such as Huawei, ZTE, Micromax, and G’Five. -- Repackaging their data plans into more affordable, lower-tier options. -- Introducing not just low-cost tablets, but also 3G data plans. -- Encouraging “local” apps developers to create “local” software apps and content."
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"There are a number of challenges to kick-starting the Indian mobile broadband market. The large landmass and population are two substantial reasons, but India’s low average monthly revenue per user (US$3-5) also constrains cash flow to fund infrastructure investments. Indian operators are executing a number of initiatives: -- Offloading their capital and operating expenditure-intensive base station towers to tower management companies. -- Forging relationships with not just Nokia, Samsung, and LG, but also lower cost handset manufacturers such as Huawei, ZTE, Micromax, and G’Five. -- Repackaging their data plans into more affordable, lower-tier options. -- Introducing not just low-cost tablets, but also 3G data plans. -- Encouraging “local” apps developers to create “local” software apps and content."
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Research and Markets: Indian Diagnostic Market Outlook to 2015
Research and Markets: Indian Diagnostic Market Outlook to 2015
"In India, the diagnostics sector has been witnessing immense progress in innovative competencies and credibility. Technological advancements and higher efficiency systems are taking the market to new heights. The use of advanced and cutting-edge technologies in understanding a disease prognosis has further strengthened the sophistication level of participants in the sector. According to our latest report, diagnostic medical imaging is a rapidly growing field in the Indian diagnostics market, which has shown tremendous growth and high profits. While nuclear imaging is the fastest growing segment within the field, diagnostic lab services is another important division that has seen an increase in the number of unorganized players. It is expected that the increasing demand for automated diagnosis will fuel the segment's growth. " 'via Blog this'
"In India, the diagnostics sector has been witnessing immense progress in innovative competencies and credibility. Technological advancements and higher efficiency systems are taking the market to new heights. The use of advanced and cutting-edge technologies in understanding a disease prognosis has further strengthened the sophistication level of participants in the sector. According to our latest report, diagnostic medical imaging is a rapidly growing field in the Indian diagnostics market, which has shown tremendous growth and high profits. While nuclear imaging is the fastest growing segment within the field, diagnostic lab services is another important division that has seen an increase in the number of unorganized players. It is expected that the increasing demand for automated diagnosis will fuel the segment's growth. " 'via Blog this'
Bhatkal: Research Papers Presented on Day 3 of Jamia Educational Convention
Bhatkal: Research Papers Presented on Day 3 of Jamia Educational Convention:
"Bhatkal: Research Papers Presented on Day 3 of Jamia Educational Convention Yahya Hallare Daijiworld Media Network - Bhatkal (SK) Bhatkal, Mar 21: The third day of the international educational convention hosted by Jamia Islamia, here on Monday March 19, saw leading scholars from various Indian states present research papers. A parallel track for Arabic speakers was hosted at the Jamia auditorium where international researchers presented their thoughts. The first session was on 'Achievement of Ulema E Shafi' on the progress made by the Ulema in India. Different speakers from across the country were present."
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"Bhatkal: Research Papers Presented on Day 3 of Jamia Educational Convention Yahya Hallare Daijiworld Media Network - Bhatkal (SK) Bhatkal, Mar 21: The third day of the international educational convention hosted by Jamia Islamia, here on Monday March 19, saw leading scholars from various Indian states present research papers. A parallel track for Arabic speakers was hosted at the Jamia auditorium where international researchers presented their thoughts. The first session was on 'Achievement of Ulema E Shafi' on the progress made by the Ulema in India. Different speakers from across the country were present."
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Bhatkal: Research Papers Presented on Day 3 of Jamia Educational Convention
Bhatkal: Research Papers Presented on Day 3 of Jamia Educational Convention:
"Bhatkal: Research Papers Presented on Day 3 of Jamia Educational Convention Yahya Hallare Daijiworld Media Network - Bhatkal (SK) Bhatkal, Mar 21: The third day of the international educational convention hosted by Jamia Islamia, here on Monday March 19, saw leading scholars from various Indian states present research papers. A parallel track for Arabic speakers was hosted at the Jamia auditorium where international researchers presented their thoughts. The first session was on 'Achievement of Ulema E Shafi' on the progress made by the Ulema in India. Different speakers from across the country were present."
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"Bhatkal: Research Papers Presented on Day 3 of Jamia Educational Convention Yahya Hallare Daijiworld Media Network - Bhatkal (SK) Bhatkal, Mar 21: The third day of the international educational convention hosted by Jamia Islamia, here on Monday March 19, saw leading scholars from various Indian states present research papers. A parallel track for Arabic speakers was hosted at the Jamia auditorium where international researchers presented their thoughts. The first session was on 'Achievement of Ulema E Shafi' on the progress made by the Ulema in India. Different speakers from across the country were present."
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Why has India become the world's top arms buyer?
Why has India become the world's top arms buyer?:
"India has replaced China as the world's largest arms buyer, accounting for 10 per cent of all arms purchases during the past five years, a Swedish research group said. India purchased some $12.7 billion in arms, 80 per cent of that from Russia, during 2007-2011, according to the Stockholm International Peace Research Institute (SIPRI). China's arms purchases during that time were $6.3 billion, 78 per cent of which came from Russia.
India has tried, but failed, to create a sizable domestic manufacturing industry for weapons or even basic military goods, while China has increased production of defence supplies. About 75 per cent of India's weapons purchases came from imports during 2007-11, said Laxman Kumar Behra of the Institute of Defense Studies and Analysis, a government-funded research organisation." 'via Blog this'
"India has replaced China as the world's largest arms buyer, accounting for 10 per cent of all arms purchases during the past five years, a Swedish research group said. India purchased some $12.7 billion in arms, 80 per cent of that from Russia, during 2007-2011, according to the Stockholm International Peace Research Institute (SIPRI). China's arms purchases during that time were $6.3 billion, 78 per cent of which came from Russia.
India has tried, but failed, to create a sizable domestic manufacturing industry for weapons or even basic military goods, while China has increased production of defence supplies. About 75 per cent of India's weapons purchases came from imports during 2007-11, said Laxman Kumar Behra of the Institute of Defense Studies and Analysis, a government-funded research organisation." 'via Blog this'
Oil prices a serious concern for India: Nischal Maheshwari, Head of Research, Edelweiss Securities
Oil prices a serious concern for India: Nischal Maheshwari, Head of Research, Edelweiss Securities - The Economic Times:
"ET Now: The April reading at 90 against the reading of 95 in the fourth quarter of the current financial year, would you view this as a one off or would you say that this is indicative of what the beginning of the next financial year might look like? Nischal Maheshwari: Yes, this should be viewed as a beginning of the next financial year, but I would not be really worried because some amount of volatility is always there and one or two factors drive it down or up. Unless we will see a downward trend from 95 to 90 at least for the next two months, I would really be worried. "
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"ET Now: The April reading at 90 against the reading of 95 in the fourth quarter of the current financial year, would you view this as a one off or would you say that this is indicative of what the beginning of the next financial year might look like? Nischal Maheshwari: Yes, this should be viewed as a beginning of the next financial year, but I would not be really worried because some amount of volatility is always there and one or two factors drive it down or up. Unless we will see a downward trend from 95 to 90 at least for the next two months, I would really be worried. "
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Student's corner
Student's corner:
"LAST WEEK WE ASKED: Do you think GMAT can outgrow CAT in popularity in India? Click here for Cloud Computing Also Read Related Stories News Now - Digital classroom concept growing fast - RBI offers breather to MFIs - Metros get a push with 12% higher allocation - RCom gains 3% on buzz of FLAG Telecom's listing - FLAG Telecom to list, divest 75% for $1.25-1.5 bn - Springtime views centre on growth BEST RESPONSE With the ever increasing awareness about GMAT among the Indian students, more number of institutes are beginning to accept GMAT scores. Moreover GMAT's popularity among Indian students is growing thanks to the flexibility of choosing to take GMAT around the year and its scores being accepted around the world. On the other hand, popularity of CAT is on downside since CAT is held only once a year and its score is accepted only in India. Besides less of weight-age is being given to CAT score by the institute and more to the profile of the candidate. - Nilaya Mitash Shanker, Shri Ram Swaroop Memorial College of Engineering and Management (SRMCEM), Lucknow" 'via Blog this'
"LAST WEEK WE ASKED: Do you think GMAT can outgrow CAT in popularity in India? Click here for Cloud Computing Also Read Related Stories News Now - Digital classroom concept growing fast - RBI offers breather to MFIs - Metros get a push with 12% higher allocation - RCom gains 3% on buzz of FLAG Telecom's listing - FLAG Telecom to list, divest 75% for $1.25-1.5 bn - Springtime views centre on growth BEST RESPONSE With the ever increasing awareness about GMAT among the Indian students, more number of institutes are beginning to accept GMAT scores. Moreover GMAT's popularity among Indian students is growing thanks to the flexibility of choosing to take GMAT around the year and its scores being accepted around the world. On the other hand, popularity of CAT is on downside since CAT is held only once a year and its score is accepted only in India. Besides less of weight-age is being given to CAT score by the institute and more to the profile of the candidate. - Nilaya Mitash Shanker, Shri Ram Swaroop Memorial College of Engineering and Management (SRMCEM), Lucknow" 'via Blog this'
In Patna, a low-cost private school revolution
In Patna, a low-cost private school revolution
"New Delhi: The government may not agree but a low-cost and affordable private school revolution seems to be taking shape in Patna, although a bulk of it involves institutions that are not recognised by the government. A study by education think-tank India Institute and the UK’s Newcastle University found 1,574 schools in Bihar’s capital city. Of these, 21% were government-run and the rest were private schools—at least three-fourths of which offered low-cost or affordable education."
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"New Delhi: The government may not agree but a low-cost and affordable private school revolution seems to be taking shape in Patna, although a bulk of it involves institutions that are not recognised by the government. A study by education think-tank India Institute and the UK’s Newcastle University found 1,574 schools in Bihar’s capital city. Of these, 21% were government-run and the rest were private schools—at least three-fourths of which offered low-cost or affordable education."
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Celebrating 20 years of artistic relations!
Celebrating 20 years of artistic relations!:
"Those who think that cricket matches and reports about Indian students being attacked in Australia is all there is to where the relationship between Australia and India is concerned, needs to visit the Visual Art Gallery at IHC. Playing host to artwork of about 117 writers, visual artists and musicians from both nations, the exhibition has been jointly organised by Australia-India Council (AIC). The fortnight long exhibition ‘Kindness’ was inaugurated by ICCR president Dr. Karan Singh on March 16. The exhibition features the artwork of the artists who have been recipients of AIC grants over the last 20 years." 'via Blog this'
"Those who think that cricket matches and reports about Indian students being attacked in Australia is all there is to where the relationship between Australia and India is concerned, needs to visit the Visual Art Gallery at IHC. Playing host to artwork of about 117 writers, visual artists and musicians from both nations, the exhibition has been jointly organised by Australia-India Council (AIC). The fortnight long exhibition ‘Kindness’ was inaugurated by ICCR president Dr. Karan Singh on March 16. The exhibition features the artwork of the artists who have been recipients of AIC grants over the last 20 years." 'via Blog this'
1,800 Indian students affected by US varsity fraud
1,800 Indian students affected by US varsity fraud: "
New Delhi: More than 1800 Indian students were affected by the immigration fraud by the Tri-Valley University (TVU) in the US which was shut down in January last year, the Government said on Wednesday. "More than 1800 Indian students were affected by this (immigration) fraud perpetrated by the TVU. As per statistics furnished by the US authorities, 766 cases of Indian students of the TUV were approved for transfer to other universities, while 480 cases are pending for scrutiny and 281 were denied transfer," Minister of State for HRD D Purandeswari said in a written reply to the Lok Sabha. The Minister also noted that the government has taken up the issue very seriously with the US in order to protect the interests of the Indian students there. "
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New Delhi: More than 1800 Indian students were affected by the immigration fraud by the Tri-Valley University (TVU) in the US which was shut down in January last year, the Government said on Wednesday. "More than 1800 Indian students were affected by this (immigration) fraud perpetrated by the TVU. As per statistics furnished by the US authorities, 766 cases of Indian students of the TUV were approved for transfer to other universities, while 480 cases are pending for scrutiny and 281 were denied transfer," Minister of State for HRD D Purandeswari said in a written reply to the Lok Sabha. The Minister also noted that the government has taken up the issue very seriously with the US in order to protect the interests of the Indian students there. "
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Tuesday, March 20, 2012
Asian cup 2012 IND vS PAK HIGHLIGHTS
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HIGH LIGHTS of ind vs pak asia cup 2012
Video highlights: India vs Pakistan Asia Cup 2012 5th ODI at Mirpur second innings | Cricket Fan/s Posts | CricketCountry.com
Video highlights: India vs Pakistan Asia Cup 2012 5th ODI at Mirpur second innings | Cricket Fan/s Posts | CricketCountry.com: "
Video highlights: India vs Pakistan Asia Cup 2012 5th ODI at Mirpur second innings Share 34453 Virat Kohli led the charge with a magnificent hundred in India's record chase of 330 runs to beat arch-rivals Pakistan by six wickets in the fifth ODI of the Asia Cup at the Shere Bangla National Stadium on Sunday."
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Video highlights: India vs Pakistan Asia Cup 2012 5th ODI at Mirpur second innings Share 34453 Virat Kohli led the charge with a magnificent hundred in India's record chase of 330 runs to beat arch-rivals Pakistan by six wickets in the fifth ODI of the Asia Cup at the Shere Bangla National Stadium on Sunday."
15 killed as train collides with vehicle in Hathras
15 killed as train collides with vehicle in Hathras - Hindustan Times:
"Fifteen were killed on Tuesday morning when a Tata Magic vehicle collided with a passenger train near Mendu railway crossing in Hathras (Mahamaya Nagar) district of Aligarh Division. Four were injured in the accident and have been referred to Aligarh district hospital for treatment. The accident took place at about 7.30am."
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"Fifteen were killed on Tuesday morning when a Tata Magic vehicle collided with a passenger train near Mendu railway crossing in Hathras (Mahamaya Nagar) district of Aligarh Division. Four were injured in the accident and have been referred to Aligarh district hospital for treatment. The accident took place at about 7.30am."
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Soon, login in to corporation website to download birth, death certificates
Soon, login in to corporation website to download birth, death certificates - Times Of India:
"COIMBATORE: In a few months from now, city residents will be able to download documents like birth and death certificates of their dear ones from the municipal corporation's website and spare themselves the ordeal of making the rounds to meet the concerned officials to get it issued. The corporation commissioner will also be able to monitor and review the progress of civic projects from his office computer as the government has decided to implement a major e-governance project to increase the efficiency and transparency of the working of civic bodies across the state. Coimbatore Municipal Corporation (CMC) has been selected as the pilot installation centre where a trial run of this project will be conducted in the coming months before it is extended to other municipal corporations in the state. The initiative was announced in the corporation budget. "
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"COIMBATORE: In a few months from now, city residents will be able to download documents like birth and death certificates of their dear ones from the municipal corporation's website and spare themselves the ordeal of making the rounds to meet the concerned officials to get it issued. The corporation commissioner will also be able to monitor and review the progress of civic projects from his office computer as the government has decided to implement a major e-governance project to increase the efficiency and transparency of the working of civic bodies across the state. Coimbatore Municipal Corporation (CMC) has been selected as the pilot installation centre where a trial run of this project will be conducted in the coming months before it is extended to other municipal corporations in the state. The initiative was announced in the corporation budget. "
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Education Sun » Macquarie University Offers International Benefits to Indian Students
Education Sun » Macquarie University Offers International Benefits to Indian Students:
"New Delhi: Macquarie University will be the first Australian University to provide an integrated advanced coursework and research training degree as a key pathway to entry to a PhD degree. The new two-year Master of Research degree to be offered at Macquarie University in Sydney from 2013 aligns much more closely with research degrees in universities in Europe, the US and throughout Asia. This degree will allow Indian students, who wish to study in Australia to achieve a research qualification that will easily articulate into PhD studies anywhere around the world. For admission to the program, candidates must have a Bachelor’s degree from a recognised institution, at a specified level of performance. They are able to study advanced disciplinary content from a range of subject areas across the university. This will allow them to construct a program relevant to their specific interests, subject to academic approval."
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"New Delhi: Macquarie University will be the first Australian University to provide an integrated advanced coursework and research training degree as a key pathway to entry to a PhD degree. The new two-year Master of Research degree to be offered at Macquarie University in Sydney from 2013 aligns much more closely with research degrees in universities in Europe, the US and throughout Asia. This degree will allow Indian students, who wish to study in Australia to achieve a research qualification that will easily articulate into PhD studies anywhere around the world. For admission to the program, candidates must have a Bachelor’s degree from a recognised institution, at a specified level of performance. They are able to study advanced disciplinary content from a range of subject areas across the university. This will allow them to construct a program relevant to their specific interests, subject to academic approval."
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‘Student-friendly visa policy needed’
‘Student-friendly visa policy needed’ - Hindustan Times:
"Arguing for an international student-friendly visa policy, the University of Oxford vice-chancellor Andrew Hamilton said on Monday he was doing his best to lobby at the highest levels of the British government on the issue. "
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"Arguing for an international student-friendly visa policy, the University of Oxford vice-chancellor Andrew Hamilton said on Monday he was doing his best to lobby at the highest levels of the British government on the issue. "
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UK Government announced 60 new scholarships for Indian students - The Times of India
UK Government announced 60 new scholarships for Indian students - The Times of India:
"NEW DELHI: The UK Government had announced 60 new scholarships for Indian students to celebrate the Queen's Diamond Jubilee recently. The scholars will receive full funding for a one-year masters course in the UK, starting September 2012. The announcement was made by the Prime Minister David Cameron. The scholarships have been launched as part of the celebrations for the Queen's Diamond Jubilee. To be funded by the British Council, UK's international organisation for educational opportunities and cultural relations, and the UK Government, the scholarships aim to facilitate talent from across India to study masters' courses in business, administration, manufacturing, science or technology in the UK. "
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"NEW DELHI: The UK Government had announced 60 new scholarships for Indian students to celebrate the Queen's Diamond Jubilee recently. The scholars will receive full funding for a one-year masters course in the UK, starting September 2012. The announcement was made by the Prime Minister David Cameron. The scholarships have been launched as part of the celebrations for the Queen's Diamond Jubilee. To be funded by the British Council, UK's international organisation for educational opportunities and cultural relations, and the UK Government, the scholarships aim to facilitate talent from across India to study masters' courses in business, administration, manufacturing, science or technology in the UK. "
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How UP and Bihar are skewing India’s poverty estimates | Firstpost
How UP and Bihar are skewing India’s poverty estimates | Firstpost:
"The Planning Commission had released a report, yesterday indicating reduced poverty line to Rs 28.65 per capita daily consumption in cities and Rs 22.42 in rural areas, scaling down India’s poverty ratio from 37.2 percent to 29.8 percent in 2009-10. "
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"The Planning Commission had released a report, yesterday indicating reduced poverty line to Rs 28.65 per capita daily consumption in cities and Rs 22.42 in rural areas, scaling down India’s poverty ratio from 37.2 percent to 29.8 percent in 2009-10. "
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News / National : Mukul Roy sworn in as Railway Minister
News / National : Mukul Roy sworn in as Railway Minister:
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Two sentenced to death in Pune rape case
Two sentenced to death in Pune rape case - Hindustan Times:
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News / National : Government passes NCTC test in Rajya Sabha
News / National : Government passes NCTC test in Rajya Sabha:
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UAE students to work in Varanasi on energy, water projects, IBN Live News
UAE students to work in Varanasi on energy, water projects, IBN Live News:
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GOVT official, retired Army Brigadier arrested in Adarsh Housing scam
Govt official, retired Army Brigadier arrested in Adarsh Housing scam:
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SC raps govt, says can't be casual about homosexuality issue - Hindustan Times
SC raps govt, says can't be casual about homosexuality issue - Hindustan Times:
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National Human Rights Commission SLAMS Centre and Andhra Pradesh on illegal clinical trials : North News - India Today
National Human Rights Commission slams Centre and Andhra Pradesh on illegal clinical trials : North News - India Today:
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CSS Basics | The Ninja of Web
CSS Basics | The Ninja of Web:
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Monday, March 19, 2012
india gdp through internet of 3.2%
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Monday, March 5, 2012
BSNL TABLETS COMPARE
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breify comparison among BSNL Tablets
FEB-MARCH 2012 PARLAMENT
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DATE 05 03 2012
Bill to protect whistleblowers in Cabinet today
New Delhi: The much-awaited bill to protect whistleblowers, the people who reveal corruption and the corrupt, will come up before the Cabinet today.
The bill says that the Chief Vigilance Commissioner (CVC) will be the nodal agency to look into all complaints and that he will have the powers of a civil court and it will be his responsibility to protect the identity of the witness. Revealing the identity of a whistle blower can invite up to three years in jail and a fine of up to Rs. 50,000.
The bill also proposes that no court can interfere in the case and can have any powers on the decision of the CVC.
The number of whistleblowers killed this year alone has gone up to eight. The Congress-ruled Maharashtra tops the list with four killings, followed by the BJP-ruled Gujarat with two.
DATE 05 03 2012
Bill to protect whistleblowers in Cabinet today
New Delhi: The much-awaited bill to protect whistleblowers, the people who reveal corruption and the corrupt, will come up before the Cabinet today.
The bill says that the Chief Vigilance Commissioner (CVC) will be the nodal agency to look into all complaints and that he will have the powers of a civil court and it will be his responsibility to protect the identity of the witness. Revealing the identity of a whistle blower can invite up to three years in jail and a fine of up to Rs. 50,000.
The bill also proposes that no court can interfere in the case and can have any powers on the decision of the CVC.
The number of whistleblowers killed this year alone has gone up to eight. The Congress-ruled Maharashtra tops the list with four killings, followed by the BJP-ruled Gujarat with two.
INDIAN BUDGET 2012-2013
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FM to unveil Union Budget for 2012-13 on March 16th
As the Assembly polls in five states will be completed on March 6, the government announced Tuesday that the Budget Session of Parliament will be convened on March 12, and the 2012-13 Union Budget presented on March 16.
The Budget Session usually begins in the third week of February, but due to the ongoing state elections, the Cabinet Committee on Parliame-ntary Affairs headed by finance minister Pranab Mukherjee decided to convene the session on March 12 with the President’s address to a joint sitting.
The Railway Budget will be presented on February 14 and the Economic Survey, outlining the government’s assessment of the economy, will be tabled on March 15.
The Budget Session is usually divided into two parts, with the House going on a three-week recess after the Budget is presented, when the parliamentary standing committees deliberate on the proposals of different ministries. The second part of the session wil begin on April 24 and continue till May 22.
Mr Pranab Mukherjee, reacting to the GDP growth estimate being lowered to 6.9 per cent for 2011-12, called it “disappointing”.
Union Budget 2012-13 Expectations & Highlights:
The Central government may incentivise the pharma sector to boost the higher spending in research and development and also to lower the taxes and duties on life saving drugs and active pharmaceutical ingredients (API) to offer fillip to the growth of the industry
Ministry of Petroleum & Natural Gas has requested the Union Finance Ministry to lower the excise duty on branded diesel in the upcoming Budget due to the strong decline in the sale of the fuel.
Union Budget 2012 is expected to witness Union Finance Minister Mr Pranab Mukherjee attempt to push the entrepreneurs for more investment by introducing major investor-friendly policies.
Centre may unveil a series of measures in the Union Budget 2012-2013 to help the export sector and also the micro, small and medium enterprises (MSMEs) in India.
Association of Biotechnology Led Entrepreneurs (ABLE) has demanded various fiscal and tax incentives from the Union Budget.
Centre is planning to increase the income tax exemption for up to Rs 3 lakh paid as interest on housing loans in one year as compared to the current limit of Rs 1.5 lakh with the aim to strengthen housing sector credit.
The tax exemption slab is expected to be increased from the present Rs 1.8 lakh to Rs 3 lakh, in case the proposed recommendation of a Yashwant Sinha-led parliamentary standing committee on finance get cleared in the Union Budget for the year 2012-13.
Agriculture Ministry has demanded lowering of interest rate on crop loans to 3% for those farmers who pay in time, from the existing 4%.
The micro, small and medium enterprises (MSMEs) sector is seeking separate consultations with them in the run-up to the Union Budget 2012-13.
For latest news updates related to the Union Budget 2012-13 Click here.
Expectations from Union Budget 2012-13:
a) Relaxation in service taxes.
b) Tax reforms like implementation of GST and DTC.
c) Subsidy on Gas, Oil, Fertilizer, Food etc.
d) Subsidies in FDI norms in sectors like Retail, Media and BFSI etc.
Budget 2012: Govt mulls hiking excise duty to 12%
NEW DELHI: The finance ministry is considering a proposal to increase excise duty from 10% to 12%, although still lower than the level before the 2008 financial crisis. The move, officials argue, is aimed at helping the government improve its fiscal situation but it is expected to push up the cost of almost all manufactured goods - from food products to consumer durables and automobiles.
While a rollback of the stimulus was expected in the last budget, finance minister Pranab Mukherjee surprised the industry and the market by sticking to 10% standard rate of central excise. His calculation was that his finances were healthy and some more support to the manufacturing sector would only help. Since then, the economy has turned more fragile, with industrial production rising in low single digits. The Centre's fiscal health is even more problematic. In addition, an increase in excise duty will add to the inflationary pressure, especially in the manufactured goods segment where prices rose by over 9% on last count.
Although a final decision is yet to be taken, sources in the government indicated that the move has been necessitated by a tight fiscal situation, which is expected to persist during the next financial year with the government in no position to prune the high subsidy bill. A decision on changing the key direct and indirect tax rates is taken at the level of the finance minister and the PM. Officials in the ministry have argued that should the economic condition deteriorate, the government can always reduce the duty.
Budget 2012: Will the FM think long-term for a change?
India is a long-term growth story. It has a vibrant democracy, young population and the enterprise to grow. At least this is the view portrayed about India for investors whether local or foreign to encourage them to invest in the India growth story.
The Indian government, however, is definitely not in for the long term. The government believes that a series of short term steps to boost the economy and improve financial market sentiments will translate into the India long-term growth story being kept alive.
It is time for long-term steps without worrying about the short-term repercussions (which may, in fact, prove positive). The Finance Minister should take long-term steps for the economy in its budget for 2012-13, which will be presented to Parliament on 16 March.
In the past, the government has taken many short-term steps that will harm the economy in the long term. The first is its inability to reduce fuel subsidies. Oil prices have risen six-fold over the past ten years and the government has actually gone back on the dismantling of the APM (administrative pricing mechanism), as it could not muster courage to effect a complete ‘pass through’ of rising oil prices.
The last Finance Minister, P Chidambaram, found an off-balance route to absorb fuel subsidies — issuing oil bonds. That is the shortest-term measure one can get as he simply put the burden of paying back those bills on our children.
The current Finance Minister, Pranab Mukerjee, told the Reserve Bank of India (RBI) to fund the government as it could not raise fuel subsidies. The RBI, in funding the government’s fiscal deficit, has increased its balance sheet by 270 percent over the last three years, threatening to send inflation out of control.
Inflation has been trending at over 9 percent over the last couple of years, much above the low-single digit levels seen in the first half of the past decade. In fact, the RBI has been proudly stating that low inflation in the early 2000s was due to the end of ad-hoc financing it used to provide to the government in the late 1990s and getting the government access the market to fund its deficit.
The farm loan waiver credited to P Chidambaram is another short-term measure that has led to long-term pain. The farm loan waiver caused a hole in the government’s finances of Rs 65,000 crore and it has turned an important sector of the country into a bad lending proposition. Loans are meant to be defaulted is the mantra of farmers as seen by the losses suffered by the micro-finance companies such as SKS Microfinance.
Power, an important sector for the long-term health of the country, is in dire need of reforms. The losses suffered by state distributors of power are affecting production and distribution, causing lenders’ balance sheets to weaken and sending power prices shooting up for consumers.
The reduction of taxes, spending on rural employment and now a food security bill are all short-term measures guaranteed to bring down the country in the long term. A fiscally constrained government cannot reduce taxes, and if it does, it leads to inflation as the RBI funds the government’s deficit.
NREGA has also led to wage rates rising across the agricultural sector leading to rise in food production costs and creating a spiraling inflation effect. The food security bill will lead to a sharp rise in food prices as the government ensures sufficient stock to store in inefficient storage facilities for providing food security.
We all know what the government needs to do for the long term: reduce subsidies, improve agricultural efficiencies and carry out key reforms in important sectors. However, we all know that this will not happen, as short term is more important than long term for the government.
Hopefully, Pranab-da will surprise us this time around.
Tax exemption slab likely to be raised from Rs 1.8 lakh to Rs 3 lakh
NEW DELHI: The tax exemption slab is expected to be increased from the present Rs 1.8 lakh to Rs 3 lakh, in case the proposed recommendation of a Yashwant Sinha-led parliamentary standing committee on finance get cleared in the Union Budget for the year 2012-13.
The draft report of the committee on UPA's ambitious Direct Tax Code (DTC) is likely to suggest several amendments including linking tax slabs to consumer price indexes which allows an automatic rates adjustment.
The committee is likely to propose the tax rates of 10 per cent for the slab of Rs 3 lakh to Rs 10 lakh, 20 per cent for upto Rs 20 lakh and 30 per cent beyond that. If the panel's Rs 5 lakh ceiling recommendation is accepted, the 3 crore assesses will stand to benefit from not filing returns.
The Direct Tax Code (DTC), which is currently being scrutinised by the Parliamentary Standing Committee, has suggested that the income tax exemption limit should be increased to Rs 2 lakh from existing Rs 1.8 lakh.
Budget may increase tax exemption limit to Rs2 lakh
New Delhi: The government is likely to provide some relief to individual income tax payers in the forthcoming Budget by raising the exemption limit to Rs2 lakh, as provided in the Direct Taxes Code (DTC), and hiking the slabs for different tax brackets, reports PTI.
The possibility of lowering the tax rates, however, is remote in view of the fiscal constraints being faced by the government, sources said, adding that the government will take on board some of the key recommendations of the DTC.
DTC, which is currently being scrutinised by the Parliamentary Standing Committee, has suggested that the income tax exemption limit be hiked to Rs2 lakh from Rs1.8 lakh at present.
It also proposes that the highest personal income tax rate of 30% should apply to annual income above Rs10 lakh, as against Rs8 lakh.
Finance minister Pranab Mukherjee will be unveiling the Budget proposals for 2012-13 sometime around mid-March.
The industry, too, is demanding that in view of high inflation, the income tax slab should be increased although the government may retain the existing tax rates.
CII director general Chandrajit Banerjee suggested that basic exemption limit should be increased from Rs1.8 lakh to Rs2.5 lakh for individuals.
“We have suggested that the income in the range of Rs2.5 lakh to Rs6 lakh should be taxed at the rate of 10%, whereas that in the next slab up to Rs10 lakh can be taxed at the rate of 20%. Above Rs10 lakh, it should be taxed at 30%,” Mr Banerjee said.
Ficci secretary general Rajiv Kumar said the government should incentivise people to come into tax bracket.
“Given the revenue constraints, the income tax rates for individuals may not be reduced. It is, however, imperative that the peak rate of 30% for such assesses be made applicable over an income of Rs10 lakh, against Rs8 lakh at present,” Mr Kumar said.
Assocham president Dilip Modi said the Budget should provide basic exemption limit of Rs2 lakh and the tax rate of 10% should apply to persons having income above Rs2 lakh and up to Rs5 lakh.
Calling for raising the tax exemption limit, PHD Chamber secretary general Sushmita Shekhar argued that it is necessary to increase disposable income and boost demand in the economy.
“India is a consumption-led economy. Role of private sector consumption in boosting the overall economic growth is immense,” she said.
Bonanza for salaried class in Budget 2012-13?
New Delhi: Union Budget 2012-13 may bring cheer to the salaried class as the Centre is said to be mulling a restructuring of the income tax slab.
According to reports, Monday, Union Finance minister Pranab Mukherjee may announce a rejig in income tax slabs and also increase the income tax exemption limit from the existing Rs 1.8 lakh to at least Rs 2 lakh.
A newspaper report said that the new tax slabs could be in line with the Direct Taxes Code Bill, which was introduced in Parliament in 2010.
The proposed bill says that incomes between Rs 2-5 lakh be taxed 10 percent, Rs 5-10 lakh be taxed 20 percent and incomes above Rs 10 lakh per annum to be taxed 30 percent.
The present tax structure is that incomes between Rs 1.8 lakh and Rs 5 lakh are taxed 10 percent, those between Rs 5-8 lakh taxed 20 percent while 30 percent tax is slapped on incomes above Rs 8 lakh.
Clearly, the government appears in mood to provide succor to the aam admi as the proposed tax restructuring will lead to an increase in disposable incomes, consumption spending and savings.
Budget 2012-13: Hike in iron ore export duty unlikely
The iron ore industry is unlikely to face a further hike in export duty on their produce in the upcoming Budget, according to the Steel Ministry.
However, this is unlikely to provide much relief to the miners, whose margins are already under pressure due to the latest hike in export duty on this key steel-making ingredient to 30 per cent.
A senior Steel Ministry official said so far, there has been no discussion on raising the duty on iron ore exports and this is not likely to happen in the forthcoming Budget since iron ore miners are already paying 30 per cent duty on overseas shipments.
The government had increased export duty on both lumps and fines to 20 per cent from 15 per cent and 5 per cent, respectively, in the Budget for 2011-12. Subsequently, the rates were increased again toward the end of December last year, when the government raised it to 30 per cent for both varieties of iron ore.
However, the official justified the previous hikes, saying that even after levying duties, the huge margins enjoyed by iron ore miners were too high to bring exports to a standstill.
Meanwhile, the Federation of Indian Mineral Industries, which had written to the Finance Ministry urging the abolition of export duty on iron ore fines and a reduction in duty on lumps to 5 per cent, said Indian mining firms were being shifted into the non-competitive zone on the cost curve in global markets as a result of the repeated hikes.
"Export duty on iron ore fines should be abolished since there is no technology in India to use the low-grades fines and (duty on) lumps should be reduced to 5 per cent since it is against free trade and no steel plant is starved of iron ore," FIMI Secretary General R K Sharma said.
India, the world's third-largest iron ore exporter, shipped 117.3 million tonnes of iron ore overseas in 2009-10 and 70-80 per cent of this was in the form of fines, which do not have many takers among domestic steel-makers.
In 2010-11, iron ore exports from the country fell to 97.64 million tonnes and in the first eight months of the current fiscal, exports dipped by a little over 28 per cent to 40 million tonnes vis-a-vis the same period last fiscal.
The ministry of heavy industry is seeking a Rs 6,000 crore incentive package in the forthcoming Union Budget to boost the manufacturing of electric and hybrid cars and two-wheelers in the country.
"There has been constant demand from the manufacturers of green vehicles for some incentives from the government. So, the ministry has sent a proposal to the finance ministry for a Rs 6,000 crore incentive package under the national council on electric mobility," an official from the ministry of heavy industry told Mail Today.
"The fund will be used for providing infrastructure support and also setting up research and development centres for electric and hybrid vehicles," the official added.
The ministry has also proposed a further customs duty reduction on lithium ion batteries and other imported parts which are used to produce these vehicles. The current level of five per cent duty adds to the cost of manufacturing electric vehicles.
Last year, the ministry of new and renewable energy (MNRE) had announced a subsidy of up to Rs 1 lakh on the ex-factory price of electric and hybrid cars produced in India but this incentive is scheduled to expire by March 2012.
In the 2011-12 Budget, the government had announced that it would set up a National Mission for Hybrid and Electric Vehicles to encourage the manufacturing and selling of eco-friendly vehicles .
The government had also eliminated import fees on hybrid parts coming into the country, while proposing to cut excise duty on the development and manufacturing of hybrid vehicle kits to five per cent from 10 per cent earlier.
"However, with many more auto companies expressing their interest in manufacturing electric and hybrid vehicles, the government is looking at more duty cuts and other incentives to encourage them," the government official added.
At present only Mahindra Reva is manufacturing electric cars in India. Despite the growth potential most of the auto manufacturers had stayed away from the Indian market as they feel that there is no infrastructure support in terms of charging stations.
Moreover, the Indian consumers are very price sensitive and no one is ready to pay a premium price for clean technology. However, with the cost of petrol shooting up and with no clear government policy over the current subsidy on diesel, many automakers, including Maruti Suzuki, Mahindra and Mahindra, Hero Honda, TVS Motors and some commercial vehicle manufacturers have expressed interest in producing such vehicle if the government offers incentives to support them.
The government had earlier cut the excise duty on conversion kits that make internal combustion engine cars into hybrids, from 10 per cent to five per cent.
The government had in November 2010 announced incentives for electric vehicle manufacturers of up to 20 per cent on the ex-factory prices of the vehicles subject to a maximum ceiling.
The cap on the incentives was Rs 4,000 for low-speed electric two wheelers, Rs 5,000 for high speed electric two-wheelers, Rs 60,000 for seven-seater three-wheelers and Rs 1 lakh for electric cars. However, the incentive was considered too small to lure the automakers.
Companies like Honda Siel and TVS Scooters have launched their electric and hybrid vehicles but received poor response from customers as the prices were much higher than the petrol variants of these vehicles.
Companies for no change in tax rates in 2012-13 Budget
New Delhi: Reeling under the impact of global slowdown and a high interest rate regime, India Inc on Monday demanded that tax rates be retained at existing levels even as finance minister Pranab Mukherjee expressed concerns about challenges facing the economy.
In their customary pre-Budget meeting with Mukherjee, industry leaders also demanded that healthcare services be kept outside service tax ambit, and privatise coal mines.
“There are various challenges before us, including keeping inflation and fiscal and revenue deficit to manageable levels... which we all have to address collectively,” Mukherjee said in his address to the industry leaders.
At the meeting, business leaders suggested that service tax base may be widened with a negative list, besides exempting infrastructure companies and SEZ units from MAT.
“We have made a case for retaining tax rates at the present level. There should be no increase in corporate tax, service tax and excise,” Ficci president R V Kanoria said in the Budget expectation.
Mukherjee is likely to unveil the Budget proposals for 2012-13 mid-March in Lok Sabha.
He also made a case for privatisation of coal mines, stimulating demand through fiscal measures and revisiting the concept of dividend distribution tax (DDT).
CII National Committee on Healthcare chairman Naresh Trehan sought infrastructure status for the healthcare sector as that would encourage companies in setting up hospitals in smallers cities and towns.
Besides finance and commerce ministry officials, the meeting was attended by ITC Ltd chairman Y C Deveshwar, HUL MD and CEO Nitin Paranjpe, Suzlon Energy founder Tulsi Tanti and representatives of industry chambers.
The industry leaders also sought infrastructure status for aviation, telecom and education sectors, and continuation of interest rate subvention scheme for exporters till 31 March, 2013.
In order to improve healthcare, the industry suggested that a benefit of tax deduction of Rs. 10,000 be given to citizens for preventive health check-up.
Industry representatives were in favour of a reduction in interest rates by 50 basis points to stimulate investment sentiment and stimulate demand.
They also demanded that exports be included in priority sector lending by banks and duty on readymade garments be either reduced or withdrawn.
Company bosses also sought clarity on the timeline for introduction of Goods and Services Tax (GST), besides rationalisation of MAT — a levy that was introduced to bring zero-tax paying companies into the net. At present, companies pay MAT at 18.5%.
They also suggested implementation of the Direct Taxes Code (DTC) in its entirety to help arrest cases of tax evasion.
FIEO president M Rafeeq Ahmed said, “Interest rate for the MSME sector should be capped at seven per cent and others at nine per cent and subvention should be provided to all sectors of exports at least till March 2013.”
FIEO also sought complete exemption of excise duty on handmade carpets, reduction of excise duty on man-made fibres to four per cent (from current 10 per cent), and exemption of service tax on currency conversion for exports.
NEW DELHI: Iron ore producers may get incentives in the next Budget for adding value to the mineral, a move aimed at encouraging its conservation for domestic use.
"The government may announce incentives for the iron ore miners to encourage more value-addition and pelletisation. The Steel Ministry has already sent a proposal to the Finance Ministry in this regard," a source said.
The government in the Budget for the current fiscal had raised the export duty on iron ore, both fines and lumps, to 20 per cent from five per cent and 15 per cent, respectively and fully-exempted exports of iron ore pellets from any duty.
Justifying the hike in duty, Finance Minister Pranab Mukherjee had said, "This (iron ore) is a natural resource which needs to be conserved," and added that exemption of any duty on pellets is "to encourage the value addition process for fines".
Pellets are produced in globules form from very fine iron ore and mostly used for the production of sponge iron. However they are also used in blast furnaces in some countries.
Sources said the government is considering providing tax- holidays to miners to encourage setting up pellet capacities. They, however, he did not go into the specifics.
Though India is the one of the top exporters of iron ore in the world, its pellet making capacity is nothing significant. Against the world's 388 million tonnes of pellet production in 2010, India's contribution was just 18 million tonnes.
The government's initiative has paid off as iron ore exports fell by nearly 30 per cent during the April-November period to just 40 million tonnes from 51 million tonnes during a year ago.
Meanwhile, the government further increased export duty on iron ore to 30 per cent towards the end of 2011.
Sources said around 25 million tonne pellet capacity is in the pipeline in the country and if government provides further incentives to the miners, more capacity would certainly come.
FM to unveil Union Budget for 2012-13 on March 16th
As the Assembly polls in five states will be completed on March 6, the government announced Tuesday that the Budget Session of Parliament will be convened on March 12, and the 2012-13 Union Budget presented on March 16.
The Budget Session usually begins in the third week of February, but due to the ongoing state elections, the Cabinet Committee on Parliame-ntary Affairs headed by finance minister Pranab Mukherjee decided to convene the session on March 12 with the President’s address to a joint sitting.
The Railway Budget will be presented on February 14 and the Economic Survey, outlining the government’s assessment of the economy, will be tabled on March 15.
The Budget Session is usually divided into two parts, with the House going on a three-week recess after the Budget is presented, when the parliamentary standing committees deliberate on the proposals of different ministries. The second part of the session wil begin on April 24 and continue till May 22.
Mr Pranab Mukherjee, reacting to the GDP growth estimate being lowered to 6.9 per cent for 2011-12, called it “disappointing”.
Union Budget 2012-13 Expectations & Highlights:
The Central government may incentivise the pharma sector to boost the higher spending in research and development and also to lower the taxes and duties on life saving drugs and active pharmaceutical ingredients (API) to offer fillip to the growth of the industry
Ministry of Petroleum & Natural Gas has requested the Union Finance Ministry to lower the excise duty on branded diesel in the upcoming Budget due to the strong decline in the sale of the fuel.
Union Budget 2012 is expected to witness Union Finance Minister Mr Pranab Mukherjee attempt to push the entrepreneurs for more investment by introducing major investor-friendly policies.
Centre may unveil a series of measures in the Union Budget 2012-2013 to help the export sector and also the micro, small and medium enterprises (MSMEs) in India.
Association of Biotechnology Led Entrepreneurs (ABLE) has demanded various fiscal and tax incentives from the Union Budget.
Centre is planning to increase the income tax exemption for up to Rs 3 lakh paid as interest on housing loans in one year as compared to the current limit of Rs 1.5 lakh with the aim to strengthen housing sector credit.
The tax exemption slab is expected to be increased from the present Rs 1.8 lakh to Rs 3 lakh, in case the proposed recommendation of a Yashwant Sinha-led parliamentary standing committee on finance get cleared in the Union Budget for the year 2012-13.
Agriculture Ministry has demanded lowering of interest rate on crop loans to 3% for those farmers who pay in time, from the existing 4%.
The micro, small and medium enterprises (MSMEs) sector is seeking separate consultations with them in the run-up to the Union Budget 2012-13.
For latest news updates related to the Union Budget 2012-13 Click here.
Expectations from Union Budget 2012-13:
a) Relaxation in service taxes.
b) Tax reforms like implementation of GST and DTC.
c) Subsidy on Gas, Oil, Fertilizer, Food etc.
d) Subsidies in FDI norms in sectors like Retail, Media and BFSI etc.
Budget 2012: Govt mulls hiking excise duty to 12%
NEW DELHI: The finance ministry is considering a proposal to increase excise duty from 10% to 12%, although still lower than the level before the 2008 financial crisis. The move, officials argue, is aimed at helping the government improve its fiscal situation but it is expected to push up the cost of almost all manufactured goods - from food products to consumer durables and automobiles.
While a rollback of the stimulus was expected in the last budget, finance minister Pranab Mukherjee surprised the industry and the market by sticking to 10% standard rate of central excise. His calculation was that his finances were healthy and some more support to the manufacturing sector would only help. Since then, the economy has turned more fragile, with industrial production rising in low single digits. The Centre's fiscal health is even more problematic. In addition, an increase in excise duty will add to the inflationary pressure, especially in the manufactured goods segment where prices rose by over 9% on last count.
Although a final decision is yet to be taken, sources in the government indicated that the move has been necessitated by a tight fiscal situation, which is expected to persist during the next financial year with the government in no position to prune the high subsidy bill. A decision on changing the key direct and indirect tax rates is taken at the level of the finance minister and the PM. Officials in the ministry have argued that should the economic condition deteriorate, the government can always reduce the duty.
Budget 2012: Will the FM think long-term for a change?
India is a long-term growth story. It has a vibrant democracy, young population and the enterprise to grow. At least this is the view portrayed about India for investors whether local or foreign to encourage them to invest in the India growth story.
The Indian government, however, is definitely not in for the long term. The government believes that a series of short term steps to boost the economy and improve financial market sentiments will translate into the India long-term growth story being kept alive.
It is time for long-term steps without worrying about the short-term repercussions (which may, in fact, prove positive). The Finance Minister should take long-term steps for the economy in its budget for 2012-13, which will be presented to Parliament on 16 March.
In the past, the government has taken many short-term steps that will harm the economy in the long term. The first is its inability to reduce fuel subsidies. Oil prices have risen six-fold over the past ten years and the government has actually gone back on the dismantling of the APM (administrative pricing mechanism), as it could not muster courage to effect a complete ‘pass through’ of rising oil prices.
The last Finance Minister, P Chidambaram, found an off-balance route to absorb fuel subsidies — issuing oil bonds. That is the shortest-term measure one can get as he simply put the burden of paying back those bills on our children.
The current Finance Minister, Pranab Mukerjee, told the Reserve Bank of India (RBI) to fund the government as it could not raise fuel subsidies. The RBI, in funding the government’s fiscal deficit, has increased its balance sheet by 270 percent over the last three years, threatening to send inflation out of control.
Inflation has been trending at over 9 percent over the last couple of years, much above the low-single digit levels seen in the first half of the past decade. In fact, the RBI has been proudly stating that low inflation in the early 2000s was due to the end of ad-hoc financing it used to provide to the government in the late 1990s and getting the government access the market to fund its deficit.
The farm loan waiver credited to P Chidambaram is another short-term measure that has led to long-term pain. The farm loan waiver caused a hole in the government’s finances of Rs 65,000 crore and it has turned an important sector of the country into a bad lending proposition. Loans are meant to be defaulted is the mantra of farmers as seen by the losses suffered by the micro-finance companies such as SKS Microfinance.
Power, an important sector for the long-term health of the country, is in dire need of reforms. The losses suffered by state distributors of power are affecting production and distribution, causing lenders’ balance sheets to weaken and sending power prices shooting up for consumers.
The reduction of taxes, spending on rural employment and now a food security bill are all short-term measures guaranteed to bring down the country in the long term. A fiscally constrained government cannot reduce taxes, and if it does, it leads to inflation as the RBI funds the government’s deficit.
NREGA has also led to wage rates rising across the agricultural sector leading to rise in food production costs and creating a spiraling inflation effect. The food security bill will lead to a sharp rise in food prices as the government ensures sufficient stock to store in inefficient storage facilities for providing food security.
We all know what the government needs to do for the long term: reduce subsidies, improve agricultural efficiencies and carry out key reforms in important sectors. However, we all know that this will not happen, as short term is more important than long term for the government.
Hopefully, Pranab-da will surprise us this time around.
Tax exemption slab likely to be raised from Rs 1.8 lakh to Rs 3 lakh
NEW DELHI: The tax exemption slab is expected to be increased from the present Rs 1.8 lakh to Rs 3 lakh, in case the proposed recommendation of a Yashwant Sinha-led parliamentary standing committee on finance get cleared in the Union Budget for the year 2012-13.
The draft report of the committee on UPA's ambitious Direct Tax Code (DTC) is likely to suggest several amendments including linking tax slabs to consumer price indexes which allows an automatic rates adjustment.
The committee is likely to propose the tax rates of 10 per cent for the slab of Rs 3 lakh to Rs 10 lakh, 20 per cent for upto Rs 20 lakh and 30 per cent beyond that. If the panel's Rs 5 lakh ceiling recommendation is accepted, the 3 crore assesses will stand to benefit from not filing returns.
The Direct Tax Code (DTC), which is currently being scrutinised by the Parliamentary Standing Committee, has suggested that the income tax exemption limit should be increased to Rs 2 lakh from existing Rs 1.8 lakh.
Budget may increase tax exemption limit to Rs2 lakh
New Delhi: The government is likely to provide some relief to individual income tax payers in the forthcoming Budget by raising the exemption limit to Rs2 lakh, as provided in the Direct Taxes Code (DTC), and hiking the slabs for different tax brackets, reports PTI.
The possibility of lowering the tax rates, however, is remote in view of the fiscal constraints being faced by the government, sources said, adding that the government will take on board some of the key recommendations of the DTC.
DTC, which is currently being scrutinised by the Parliamentary Standing Committee, has suggested that the income tax exemption limit be hiked to Rs2 lakh from Rs1.8 lakh at present.
It also proposes that the highest personal income tax rate of 30% should apply to annual income above Rs10 lakh, as against Rs8 lakh.
Finance minister Pranab Mukherjee will be unveiling the Budget proposals for 2012-13 sometime around mid-March.
The industry, too, is demanding that in view of high inflation, the income tax slab should be increased although the government may retain the existing tax rates.
CII director general Chandrajit Banerjee suggested that basic exemption limit should be increased from Rs1.8 lakh to Rs2.5 lakh for individuals.
“We have suggested that the income in the range of Rs2.5 lakh to Rs6 lakh should be taxed at the rate of 10%, whereas that in the next slab up to Rs10 lakh can be taxed at the rate of 20%. Above Rs10 lakh, it should be taxed at 30%,” Mr Banerjee said.
Ficci secretary general Rajiv Kumar said the government should incentivise people to come into tax bracket.
“Given the revenue constraints, the income tax rates for individuals may not be reduced. It is, however, imperative that the peak rate of 30% for such assesses be made applicable over an income of Rs10 lakh, against Rs8 lakh at present,” Mr Kumar said.
Assocham president Dilip Modi said the Budget should provide basic exemption limit of Rs2 lakh and the tax rate of 10% should apply to persons having income above Rs2 lakh and up to Rs5 lakh.
Calling for raising the tax exemption limit, PHD Chamber secretary general Sushmita Shekhar argued that it is necessary to increase disposable income and boost demand in the economy.
“India is a consumption-led economy. Role of private sector consumption in boosting the overall economic growth is immense,” she said.
Bonanza for salaried class in Budget 2012-13?
New Delhi: Union Budget 2012-13 may bring cheer to the salaried class as the Centre is said to be mulling a restructuring of the income tax slab.
According to reports, Monday, Union Finance minister Pranab Mukherjee may announce a rejig in income tax slabs and also increase the income tax exemption limit from the existing Rs 1.8 lakh to at least Rs 2 lakh.
A newspaper report said that the new tax slabs could be in line with the Direct Taxes Code Bill, which was introduced in Parliament in 2010.
The proposed bill says that incomes between Rs 2-5 lakh be taxed 10 percent, Rs 5-10 lakh be taxed 20 percent and incomes above Rs 10 lakh per annum to be taxed 30 percent.
The present tax structure is that incomes between Rs 1.8 lakh and Rs 5 lakh are taxed 10 percent, those between Rs 5-8 lakh taxed 20 percent while 30 percent tax is slapped on incomes above Rs 8 lakh.
Clearly, the government appears in mood to provide succor to the aam admi as the proposed tax restructuring will lead to an increase in disposable incomes, consumption spending and savings.
Budget 2012-13: Hike in iron ore export duty unlikely
The iron ore industry is unlikely to face a further hike in export duty on their produce in the upcoming Budget, according to the Steel Ministry.
However, this is unlikely to provide much relief to the miners, whose margins are already under pressure due to the latest hike in export duty on this key steel-making ingredient to 30 per cent.
A senior Steel Ministry official said so far, there has been no discussion on raising the duty on iron ore exports and this is not likely to happen in the forthcoming Budget since iron ore miners are already paying 30 per cent duty on overseas shipments.
The government had increased export duty on both lumps and fines to 20 per cent from 15 per cent and 5 per cent, respectively, in the Budget for 2011-12. Subsequently, the rates were increased again toward the end of December last year, when the government raised it to 30 per cent for both varieties of iron ore.
However, the official justified the previous hikes, saying that even after levying duties, the huge margins enjoyed by iron ore miners were too high to bring exports to a standstill.
Meanwhile, the Federation of Indian Mineral Industries, which had written to the Finance Ministry urging the abolition of export duty on iron ore fines and a reduction in duty on lumps to 5 per cent, said Indian mining firms were being shifted into the non-competitive zone on the cost curve in global markets as a result of the repeated hikes.
"Export duty on iron ore fines should be abolished since there is no technology in India to use the low-grades fines and (duty on) lumps should be reduced to 5 per cent since it is against free trade and no steel plant is starved of iron ore," FIMI Secretary General R K Sharma said.
India, the world's third-largest iron ore exporter, shipped 117.3 million tonnes of iron ore overseas in 2009-10 and 70-80 per cent of this was in the form of fines, which do not have many takers among domestic steel-makers.
In 2010-11, iron ore exports from the country fell to 97.64 million tonnes and in the first eight months of the current fiscal, exports dipped by a little over 28 per cent to 40 million tonnes vis-a-vis the same period last fiscal.
The ministry of heavy industry is seeking a Rs 6,000 crore incentive package in the forthcoming Union Budget to boost the manufacturing of electric and hybrid cars and two-wheelers in the country.
"There has been constant demand from the manufacturers of green vehicles for some incentives from the government. So, the ministry has sent a proposal to the finance ministry for a Rs 6,000 crore incentive package under the national council on electric mobility," an official from the ministry of heavy industry told Mail Today.
"The fund will be used for providing infrastructure support and also setting up research and development centres for electric and hybrid vehicles," the official added.
The ministry has also proposed a further customs duty reduction on lithium ion batteries and other imported parts which are used to produce these vehicles. The current level of five per cent duty adds to the cost of manufacturing electric vehicles.
Last year, the ministry of new and renewable energy (MNRE) had announced a subsidy of up to Rs 1 lakh on the ex-factory price of electric and hybrid cars produced in India but this incentive is scheduled to expire by March 2012.
In the 2011-12 Budget, the government had announced that it would set up a National Mission for Hybrid and Electric Vehicles to encourage the manufacturing and selling of eco-friendly vehicles .
The government had also eliminated import fees on hybrid parts coming into the country, while proposing to cut excise duty on the development and manufacturing of hybrid vehicle kits to five per cent from 10 per cent earlier.
"However, with many more auto companies expressing their interest in manufacturing electric and hybrid vehicles, the government is looking at more duty cuts and other incentives to encourage them," the government official added.
At present only Mahindra Reva is manufacturing electric cars in India. Despite the growth potential most of the auto manufacturers had stayed away from the Indian market as they feel that there is no infrastructure support in terms of charging stations.
Moreover, the Indian consumers are very price sensitive and no one is ready to pay a premium price for clean technology. However, with the cost of petrol shooting up and with no clear government policy over the current subsidy on diesel, many automakers, including Maruti Suzuki, Mahindra and Mahindra, Hero Honda, TVS Motors and some commercial vehicle manufacturers have expressed interest in producing such vehicle if the government offers incentives to support them.
The government had earlier cut the excise duty on conversion kits that make internal combustion engine cars into hybrids, from 10 per cent to five per cent.
The government had in November 2010 announced incentives for electric vehicle manufacturers of up to 20 per cent on the ex-factory prices of the vehicles subject to a maximum ceiling.
The cap on the incentives was Rs 4,000 for low-speed electric two wheelers, Rs 5,000 for high speed electric two-wheelers, Rs 60,000 for seven-seater three-wheelers and Rs 1 lakh for electric cars. However, the incentive was considered too small to lure the automakers.
Companies like Honda Siel and TVS Scooters have launched their electric and hybrid vehicles but received poor response from customers as the prices were much higher than the petrol variants of these vehicles.
Companies for no change in tax rates in 2012-13 Budget
New Delhi: Reeling under the impact of global slowdown and a high interest rate regime, India Inc on Monday demanded that tax rates be retained at existing levels even as finance minister Pranab Mukherjee expressed concerns about challenges facing the economy.
In their customary pre-Budget meeting with Mukherjee, industry leaders also demanded that healthcare services be kept outside service tax ambit, and privatise coal mines.
“There are various challenges before us, including keeping inflation and fiscal and revenue deficit to manageable levels... which we all have to address collectively,” Mukherjee said in his address to the industry leaders.
At the meeting, business leaders suggested that service tax base may be widened with a negative list, besides exempting infrastructure companies and SEZ units from MAT.
“We have made a case for retaining tax rates at the present level. There should be no increase in corporate tax, service tax and excise,” Ficci president R V Kanoria said in the Budget expectation.
Mukherjee is likely to unveil the Budget proposals for 2012-13 mid-March in Lok Sabha.
He also made a case for privatisation of coal mines, stimulating demand through fiscal measures and revisiting the concept of dividend distribution tax (DDT).
CII National Committee on Healthcare chairman Naresh Trehan sought infrastructure status for the healthcare sector as that would encourage companies in setting up hospitals in smallers cities and towns.
Besides finance and commerce ministry officials, the meeting was attended by ITC Ltd chairman Y C Deveshwar, HUL MD and CEO Nitin Paranjpe, Suzlon Energy founder Tulsi Tanti and representatives of industry chambers.
The industry leaders also sought infrastructure status for aviation, telecom and education sectors, and continuation of interest rate subvention scheme for exporters till 31 March, 2013.
In order to improve healthcare, the industry suggested that a benefit of tax deduction of Rs. 10,000 be given to citizens for preventive health check-up.
Industry representatives were in favour of a reduction in interest rates by 50 basis points to stimulate investment sentiment and stimulate demand.
They also demanded that exports be included in priority sector lending by banks and duty on readymade garments be either reduced or withdrawn.
Company bosses also sought clarity on the timeline for introduction of Goods and Services Tax (GST), besides rationalisation of MAT — a levy that was introduced to bring zero-tax paying companies into the net. At present, companies pay MAT at 18.5%.
They also suggested implementation of the Direct Taxes Code (DTC) in its entirety to help arrest cases of tax evasion.
FIEO president M Rafeeq Ahmed said, “Interest rate for the MSME sector should be capped at seven per cent and others at nine per cent and subvention should be provided to all sectors of exports at least till March 2013.”
FIEO also sought complete exemption of excise duty on handmade carpets, reduction of excise duty on man-made fibres to four per cent (from current 10 per cent), and exemption of service tax on currency conversion for exports.
NEW DELHI: Iron ore producers may get incentives in the next Budget for adding value to the mineral, a move aimed at encouraging its conservation for domestic use.
"The government may announce incentives for the iron ore miners to encourage more value-addition and pelletisation. The Steel Ministry has already sent a proposal to the Finance Ministry in this regard," a source said.
The government in the Budget for the current fiscal had raised the export duty on iron ore, both fines and lumps, to 20 per cent from five per cent and 15 per cent, respectively and fully-exempted exports of iron ore pellets from any duty.
Justifying the hike in duty, Finance Minister Pranab Mukherjee had said, "This (iron ore) is a natural resource which needs to be conserved," and added that exemption of any duty on pellets is "to encourage the value addition process for fines".
Pellets are produced in globules form from very fine iron ore and mostly used for the production of sponge iron. However they are also used in blast furnaces in some countries.
Sources said the government is considering providing tax- holidays to miners to encourage setting up pellet capacities. They, however, he did not go into the specifics.
Though India is the one of the top exporters of iron ore in the world, its pellet making capacity is nothing significant. Against the world's 388 million tonnes of pellet production in 2010, India's contribution was just 18 million tonnes.
The government's initiative has paid off as iron ore exports fell by nearly 30 per cent during the April-November period to just 40 million tonnes from 51 million tonnes during a year ago.
Meanwhile, the government further increased export duty on iron ore to 30 per cent towards the end of 2011.
Sources said around 25 million tonne pellet capacity is in the pipeline in the country and if government provides further incentives to the miners, more capacity would certainly come.
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