There are several existing transmission lines across the world which run for thousands of kilometers. The Inga-Shaba power line in Congo is 1,700 kms long and Ameralik Span in Greenland is over 5,000 kms long. According to GENI report published in 1984, power transmission lines can be extended up to 7,000 kms without much losses. In comparison, power transmission line between Iran and Indian border would be at max 1,500 kms long.
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There are several existing transmission lines across the world which run for thousands of kilometers. The Inga-Shaba power line in Congo is 1,700 kms long and Ameralik Span in Greenland is over 5,000 kms long. According to GENI report published in 1984, power transmission lines can be extended up to 7,000 kms without much losses. In comparison, power transmission line between Iran and Indian border would be at max 1,500 kms long.
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Sorry I was thinking the distance betn Iran and India far more. 1500 Km is ok. But still you need high voltage transmission line. I am sure the the engineers will figure that out. One more thing in the back of my mind. Nepal and India is working to produce 70,000 MW of power within next decades or so. Why do yu need to go all the way to Iran to import 5000 MW electricity. Even nukes are far less hassle than this inter country transmission line. If you could import gas which could be used in industrial application but not the power.
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Nissan to shift production of small car from UK to India
Nissan to shift production of small car from UK to India
Pankaj Doval, TNN 28 August 2009, 02:12am IST
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NEW DELHI: Forget China, it’s focus India for global automakers, courtesy small cars. In a move that reflects the growing stature of the Indian car
industry globally, Japanese major Nissan has decided to shift the entire production of its small car, Micra, from the UK to India. After production of the Micra begins here, Nissan plans to manufacture four more models in India, involving a total investment of over Rs 2,000 crore.
The move underlines the rush among automakers to rationalize production costs and move to locations that offer the best value and quality. “We have decided to manufacture the Micra at our upcoming factory at Oragadam, near Chennai,” Nissan India MD and CEO Kiminobu Tokuyama told TOI.
The company’s Chennai plant will start production from May next year, and export markets would be catered to from autumn, Tokuyama said. Nissan, he said, plans to meet Micra’s requirements for the entire European region as well as some other markets like West Asia from the Chennai plant. “We plan to start with export volumes of 1.1 lakh units, which would be gradually scaled up to 1.8 lakh units as demand goes up,” Tokuyama said.
But what prompted the step? “There are many benefits in India, including a high-quality vendor base that is also cost-effective, leading to globally-competitive pricing,” Tokuyama said. Nissan will thus emulate companies like Hyundai and Maruti Suzuki, which make small cars in India to export to Europe.
Nissan to shift production of small car from UK to India
Pankaj Doval, TNN 28 August 2009, 02:12am IST
Print Email Discuss Bookmark/Share Save Comment Text Size: |
NEW DELHI: Forget China, it’s focus India for global automakers, courtesy small cars. In a move that reflects the growing stature of the Indian car
industry globally, Japanese major Nissan has decided to shift the entire production of its small car, Micra, from the UK to India. After production of the Micra begins here, Nissan plans to manufacture four more models in India, involving a total investment of over Rs 2,000 crore.
The move underlines the rush among automakers to rationalize production costs and move to locations that offer the best value and quality. “We have decided to manufacture the Micra at our upcoming factory at Oragadam, near Chennai,” Nissan India MD and CEO Kiminobu Tokuyama told TOI.
The company’s Chennai plant will start production from May next year, and export markets would be catered to from autumn, Tokuyama said. Nissan, he said, plans to meet Micra’s requirements for the entire European region as well as some other markets like West Asia from the Chennai plant. “We plan to start with export volumes of 1.1 lakh units, which would be gradually scaled up to 1.8 lakh units as demand goes up,” Tokuyama said.
But what prompted the step? “There are many benefits in India, including a high-quality vendor base that is also cost-effective, leading to globally-competitive pricing,” Tokuyama said. Nissan will thus emulate companies like Hyundai and Maruti Suzuki, which make small cars in India to export to Europe.
BD people are very familiar with the catch phrase 'System loss.' Whenever there is a discrepancy between volume of power production in a govt-owned power house and the volume of supply, the powerful people of the power stations come up with this excuse.
However, in reality, the powerfuls themselves sell electricity to their private CUSTOMERS via some non-existent lines. These greedy people then blame the shortfall on the 'System loss,' even when the grid line is only 100 km long.
So, any BD citizen would think a 1500km transmission would eat up at least 30% of the supply.
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Ahluwalia: economy likely to grow by about 6.5% this year
http : / / beta.thehindu. com/news/article11289.ece
The Deputy Chairman of the Planning Commission, Montek Singh Ahluwalia, has said the Indian economy is likely to grow at about 6 to 6.5 per cent in the current fiscal. “Although seven per cent growth is unlikely because of the drought, there are mechanisms in place to counter its adverse impact,” he said, while addressing members of the Federation of Karnataka Chambers of Commerce and Industry (FKCCI) here on Saturday.
Dr. Ahluwalia said the UPA Government’s “conscious efforts to build a strategic food stock reserve” had resulted in stocks being 16 million tonnes higher than last year and about 30 million tonnes higher than what it was two years ago. He said the Union Government had “mechanisms in place” to ensure relief to drought-hit States. He said the Government “was willing to take a second look” if States demanded enhanced allocations for the National Rural Employment Guarantee Act. He pointed out that the “average demand for employment was only for 40 to 45 days in 2008-09.”
Borrowings
Asked about fears that the huge increase in government borrowings in the current year may “crowd out” private investment and result in higher interest rates, Dr. Ahluwalia said this “only reflects the other side of the fiscal stimulus.” He said: “It was our judgment that the fiscal stimulus was needed to counter the decline in private investment. If we had not provided the stimulus there would have been a demand shortfall.” “Businessmen”, he said, “are better off with a higher level of demand even if interest rates are higher,” he said. “Falling interest rates with no demand does not help them in any way,” he said.
Dr. Ahluwalia said the effect of the stimulus packages was “beginning to kick-in with a lag.” The scheme to provide funds for the acquisition of buses for road transport corporations, under the Jawaharlal Nehru National Urban Renewal Mission (JNNURM), “has injected demand in the commercial vehicle sector that was severely hit by the recession,” he said.
Dr. Ahluwalia said growth during the Eleventh Plan (2007-12) was likely to be below the target of nine per cent because of the shortfall of two to 2.5 percentage points in 2008-09 and 2009-10. “The year 2010-11 is also likely to be a slow-growth year,” he said. “It is only in 2011-12 that the global economy is likely to achieve stronger growth,” he said.
Asked for his views on opening up of the retail sector to foreign investors, Dr. Ahluwalia said, “The resistance to the opening up of the retail sector is a serious economic mistake.” He said India cannot promote the diversification of agriculture, especially into high-value crops and processed products without the growth of organised retail. “I am an unapologetic proponent of the modernisation of the retail industry,” he said.
Dr. Ahluwalia said the mid-term appraisal of the Eleventh Plan was likely be completed by the end of the year. He said this would enable the Finance Ministry to “take stock of the economy” before preparing the next budget. The newly constituted Planning Commission is to meet for the first time on September 1. Senior Ministers attending the meeting will be presented a “tentative assessment” of the state of the economy, Dr. Ahluwalia said. A “status report” on the implementation of the integrated energy policy, which was released in December 2008 by the first UPA Government, would also be presented at the meeting, he added.
http : / / beta.thehindu. com/news/article11289.ece
The Deputy Chairman of the Planning Commission, Montek Singh Ahluwalia, has said the Indian economy is likely to grow at about 6 to 6.5 per cent in the current fiscal. “Although seven per cent growth is unlikely because of the drought, there are mechanisms in place to counter its adverse impact,” he said, while addressing members of the Federation of Karnataka Chambers of Commerce and Industry (FKCCI) here on Saturday.
Dr. Ahluwalia said the UPA Government’s “conscious efforts to build a strategic food stock reserve” had resulted in stocks being 16 million tonnes higher than last year and about 30 million tonnes higher than what it was two years ago. He said the Union Government had “mechanisms in place” to ensure relief to drought-hit States. He said the Government “was willing to take a second look” if States demanded enhanced allocations for the National Rural Employment Guarantee Act. He pointed out that the “average demand for employment was only for 40 to 45 days in 2008-09.”
Borrowings
Asked about fears that the huge increase in government borrowings in the current year may “crowd out” private investment and result in higher interest rates, Dr. Ahluwalia said this “only reflects the other side of the fiscal stimulus.” He said: “It was our judgment that the fiscal stimulus was needed to counter the decline in private investment. If we had not provided the stimulus there would have been a demand shortfall.” “Businessmen”, he said, “are better off with a higher level of demand even if interest rates are higher,” he said. “Falling interest rates with no demand does not help them in any way,” he said.
Dr. Ahluwalia said the effect of the stimulus packages was “beginning to kick-in with a lag.” The scheme to provide funds for the acquisition of buses for road transport corporations, under the Jawaharlal Nehru National Urban Renewal Mission (JNNURM), “has injected demand in the commercial vehicle sector that was severely hit by the recession,” he said.
Dr. Ahluwalia said growth during the Eleventh Plan (2007-12) was likely to be below the target of nine per cent because of the shortfall of two to 2.5 percentage points in 2008-09 and 2009-10. “The year 2010-11 is also likely to be a slow-growth year,” he said. “It is only in 2011-12 that the global economy is likely to achieve stronger growth,” he said.
Asked for his views on opening up of the retail sector to foreign investors, Dr. Ahluwalia said, “The resistance to the opening up of the retail sector is a serious economic mistake.” He said India cannot promote the diversification of agriculture, especially into high-value crops and processed products without the growth of organised retail. “I am an unapologetic proponent of the modernisation of the retail industry,” he said.
Dr. Ahluwalia said the mid-term appraisal of the Eleventh Plan was likely be completed by the end of the year. He said this would enable the Finance Ministry to “take stock of the economy” before preparing the next budget. The newly constituted Planning Commission is to meet for the first time on September 1. Senior Ministers attending the meeting will be presented a “tentative assessment” of the state of the economy, Dr. Ahluwalia said. A “status report” on the implementation of the integrated energy policy, which was released in December 2008 by the first UPA Government, would also be presented at the meeting, he added.
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Cement demand to grow by 8 per cent in the next one year
PTI
Sunday, August 30, 2009 10:04 IST
Mumbai: ACC today said that the demand for cement will pick up by 8 per cent in the next one year led by housing, retail and infrastructure sectors; however, monsoon failure could have adverse impact.
"We continue to maintain an encouraging outlook for the industry in foreseeable future based on positive gains of growth in demand, led by housing, retail and infrastructure sector. We expect that demand for cement consumption will grow at around eight per cent at least for the next one year," ACC Managing Director Sumit Banerjee told PTI.
During the first half of the current year, cement industry witnessed growth of almost 11 per cent as compared to the corresponding period last year. "If the demand grows at a healthy pace, then we can assume prices are also likely to remain generally stable till next year, with some seasonal fluctuations," Banerjee said.
Banerjee said that the failure of monsoon, if it happens, however would have a delayed and indirect impact on future consumption. "A deficit monsoon will pose a serious threat to the rural economy. In such a case, we may have to focus on the growth of the infrastructure segment," he said. India's per capita cement consumption is only 156 kilograms against China's 600 kilograms.
The country's total cement production in the last year was 227 million tonnes and fresh capacity of around 48 million tonnes are going to come in the curent year. ACC has embarked on a Rs 3,000 crore expansion for taking cement production capacity to 30 million tonnes by mid-2010 from 22.63 million tonnes now.
The company is in the midst of drawing up ambitious plans for the next stage of capacity addition which might come through both greenfield and brownfield expansions. ACC is the largest cement manufacturer in India with 12 per cent market share.
PTI
Sunday, August 30, 2009 10:04 IST
Mumbai: ACC today said that the demand for cement will pick up by 8 per cent in the next one year led by housing, retail and infrastructure sectors; however, monsoon failure could have adverse impact.
"We continue to maintain an encouraging outlook for the industry in foreseeable future based on positive gains of growth in demand, led by housing, retail and infrastructure sector. We expect that demand for cement consumption will grow at around eight per cent at least for the next one year," ACC Managing Director Sumit Banerjee told PTI.
During the first half of the current year, cement industry witnessed growth of almost 11 per cent as compared to the corresponding period last year. "If the demand grows at a healthy pace, then we can assume prices are also likely to remain generally stable till next year, with some seasonal fluctuations," Banerjee said.
Banerjee said that the failure of monsoon, if it happens, however would have a delayed and indirect impact on future consumption. "A deficit monsoon will pose a serious threat to the rural economy. In such a case, we may have to focus on the growth of the infrastructure segment," he said. India's per capita cement consumption is only 156 kilograms against China's 600 kilograms.
The country's total cement production in the last year was 227 million tonnes and fresh capacity of around 48 million tonnes are going to come in the curent year. ACC has embarked on a Rs 3,000 crore expansion for taking cement production capacity to 30 million tonnes by mid-2010 from 22.63 million tonnes now.
The company is in the midst of drawing up ambitious plans for the next stage of capacity addition which might come through both greenfield and brownfield expansions. ACC is the largest cement manufacturer in India with 12 per cent market share.
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2,500 model schools to come up in 2 yrs: Sibal
STAFF WRITER 17:53 HRS IST
Koraput (Orissa), Aug 29 (PTI) The Centre plans to set up over 2,500 model and 200 central schools on public-private- partnership (PPP) basis in the country in two years, Union Human Resource Development (HRD) Minister Kapil Sibal said today.
The minister also asked corporate houses to invest in a big way in the education sector.
The proposed model schools will be set up in the backward areas with an aim to provide primary education to all as "higher education has no meaning unless primary education was strengthened," Sibal said, inaugurating the much-awaited central university in this tribal-dominated town, which often witnesses Maoist violence.
"The schools would be set up in PPP as part of our efforts to strengthen the human resource base," Sibal said at the function held amidst tight security.
STAFF WRITER 17:53 HRS IST
Koraput (Orissa), Aug 29 (PTI) The Centre plans to set up over 2,500 model and 200 central schools on public-private- partnership (PPP) basis in the country in two years, Union Human Resource Development (HRD) Minister Kapil Sibal said today.
The minister also asked corporate houses to invest in a big way in the education sector.
The proposed model schools will be set up in the backward areas with an aim to provide primary education to all as "higher education has no meaning unless primary education was strengthened," Sibal said, inaugurating the much-awaited central university in this tribal-dominated town, which often witnesses Maoist violence.
"The schools would be set up in PPP as part of our efforts to strengthen the human resource base," Sibal said at the function held amidst tight security.
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Govt to invite bids for three mega road projects
BS Reporter / New Delhi August 29, 2009, 1:07 IST
We will invite bids for three mega projects by the end of this year, we are looking at mega projects in which each project for building 500 km of road will be worth $1 billion, Nath told at the Siam conference.
Nath said at the Indian Road Congress seminar that the total project cost (TPC) of several projects was half of the real cost and the consultants needed to post the fair TPC of highway projects.
We have found that in case of several projects, the TPC is almost half of the real cost. It has to be a realistic estimate and as close as possible to the real price, the minister said.
Nath also said the domestic contractors needed international financing and the government had taken initiative to create conducive environment for this. We have also started the work on setting up regional centres of the National Highways Authority of India and the delegation of power has to happen, Nath said.
We are going to put in place 11,000 km of roads worth Rs 1 lakh crore in 2009-10 under Work Plan I, Nath said, adding that challenges in capacity-building would be addressed and all corrections would be made by September 30.
He said Indias automobile industry should aim at producing 25 million vehicles by 2015 for, for which his ministry would build the necessary road network.
Earlier, he had said 20 km of roads would be built every day in the next two years, amounting to an investment of Rs 2 lakh crore.
---------- Post added at 11:14 PM ---------- Previous post was at 11:13 PM ----------
Rs 1 lakh crore road projects in 2009-10'
TNN 29 August 2009, 12:33am IST
NEW DELHI: In a move to attract global infrastructure majors to bid for highway projects, the government would invite bids for three mega
projects worth Rs 14,500 crore by this year end. Simultaneously, the road, transport and highways ministry is hopeful of coming out with solutions by September end to the hindrances in the speedy construction of highway projects.
Speaking to reporters on the sidelines of the annual convention of Society for Indian Automobile Association (SIAM) on Friday, road, transport and highways minister Kamal Nath said, "We will invite bids for three projects by the end of this year. We are looking at mega projects in which each project for building 500 km of road will be worth $1 billion.''
He said, "We are going to put in place 11,000 km of roads worth Rs 1 lakh crore in 2009-10 under the Work Plan I.'' He said the country's automobile industry should aim at producing 250 lakh vehicles by 2015 and for that the ministry would build the necessary road network. "You manufacture vehicles, I will build the roads,'' he said.
Significantly, the minister has been inviting foreign investors claiming that the substantial rise in vehicular traffic on highways has made the projects viable.
Earlier in the day, addressing a conclave on highway projects organised by the Indian Road Congress, Nath said the domestic contractors need international financing and the government has taken the initiative to create a conducive environment for this. In this connection, he referred to his road shows for attracting foreign investment to the road sector.
While maintaining that his ministry has been taking all possible steps to remove the impediments to push road projects, Nath said that besides capacity building of the highway regulator there is also a need to upgrade the capacity of consultants, who prepare reports and project the estimates.
"We have found that in case of several projects, the total project cost (TPC) is almost half of the real cost. It has to be a realistic estimate and as close as possible to the real price,'' he said.
He also said that capacity building at all level was necessary to achieve the target of building 20 km of roads per day. "When the work is in progress for 20,000 km, we can meet the target of building 7,000 km of roads in a year,'' Nath said.
BS Reporter / New Delhi August 29, 2009, 1:07 IST
We will invite bids for three mega projects by the end of this year, we are looking at mega projects in which each project for building 500 km of road will be worth $1 billion, Nath told at the Siam conference.
Nath said at the Indian Road Congress seminar that the total project cost (TPC) of several projects was half of the real cost and the consultants needed to post the fair TPC of highway projects.
We have found that in case of several projects, the TPC is almost half of the real cost. It has to be a realistic estimate and as close as possible to the real price, the minister said.
Nath also said the domestic contractors needed international financing and the government had taken initiative to create conducive environment for this. We have also started the work on setting up regional centres of the National Highways Authority of India and the delegation of power has to happen, Nath said.
We are going to put in place 11,000 km of roads worth Rs 1 lakh crore in 2009-10 under Work Plan I, Nath said, adding that challenges in capacity-building would be addressed and all corrections would be made by September 30.
He said Indias automobile industry should aim at producing 25 million vehicles by 2015 for, for which his ministry would build the necessary road network.
Earlier, he had said 20 km of roads would be built every day in the next two years, amounting to an investment of Rs 2 lakh crore.
---------- Post added at 11:14 PM ---------- Previous post was at 11:13 PM ----------
Rs 1 lakh crore road projects in 2009-10'
TNN 29 August 2009, 12:33am IST
NEW DELHI: In a move to attract global infrastructure majors to bid for highway projects, the government would invite bids for three mega
projects worth Rs 14,500 crore by this year end. Simultaneously, the road, transport and highways ministry is hopeful of coming out with solutions by September end to the hindrances in the speedy construction of highway projects.
Speaking to reporters on the sidelines of the annual convention of Society for Indian Automobile Association (SIAM) on Friday, road, transport and highways minister Kamal Nath said, "We will invite bids for three projects by the end of this year. We are looking at mega projects in which each project for building 500 km of road will be worth $1 billion.''
He said, "We are going to put in place 11,000 km of roads worth Rs 1 lakh crore in 2009-10 under the Work Plan I.'' He said the country's automobile industry should aim at producing 250 lakh vehicles by 2015 and for that the ministry would build the necessary road network. "You manufacture vehicles, I will build the roads,'' he said.
Significantly, the minister has been inviting foreign investors claiming that the substantial rise in vehicular traffic on highways has made the projects viable.
Earlier in the day, addressing a conclave on highway projects organised by the Indian Road Congress, Nath said the domestic contractors need international financing and the government has taken the initiative to create a conducive environment for this. In this connection, he referred to his road shows for attracting foreign investment to the road sector.
While maintaining that his ministry has been taking all possible steps to remove the impediments to push road projects, Nath said that besides capacity building of the highway regulator there is also a need to upgrade the capacity of consultants, who prepare reports and project the estimates.
"We have found that in case of several projects, the total project cost (TPC) is almost half of the real cost. It has to be a realistic estimate and as close as possible to the real price,'' he said.
He also said that capacity building at all level was necessary to achieve the target of building 20 km of roads per day. "When the work is in progress for 20,000 km, we can meet the target of building 7,000 km of roads in a year,'' Nath said.
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India to construct trans-Arunachal highway
August 25th, 2009 - 11:31 pm ICT by IANS Tell a Friend -
Kolkata, Aug 25 (IANS) India has decided to construct a trans-Arunachal highway in its effort to enhance infrastructure in the strategic state bordering China, Minister of State for Defence M.M.Pallam Raju said Tuesday.
We will construct a trans-Arunachal Pradesh highway as part of our bid to build infrastructure there, Raju said on the sidelines of a programme at the Garden Reach Ship Builders and Engineers (GRSE) here.
Replying to queries from media persons on China building infrastructure in Tibet close to its border with India, Raju said: The highway will be constructed up to a satisfactory level.
The minister said India now has very good relations with China, there being no incident of cross-border firing of late.
But incidents of troops crossing the border take place at times. And this problem will be there till the McMahon Line dispute is resolved, he said.
The minister said talks between the two countries on the infiltration issue were on.
He said the speed of setting barbed wire fencing along the Indo-China border would be speeded-up.
August 25th, 2009 - 11:31 pm ICT by IANS Tell a Friend -
Kolkata, Aug 25 (IANS) India has decided to construct a trans-Arunachal highway in its effort to enhance infrastructure in the strategic state bordering China, Minister of State for Defence M.M.Pallam Raju said Tuesday.
We will construct a trans-Arunachal Pradesh highway as part of our bid to build infrastructure there, Raju said on the sidelines of a programme at the Garden Reach Ship Builders and Engineers (GRSE) here.
Replying to queries from media persons on China building infrastructure in Tibet close to its border with India, Raju said: The highway will be constructed up to a satisfactory level.
The minister said India now has very good relations with China, there being no incident of cross-border firing of late.
But incidents of troops crossing the border take place at times. And this problem will be there till the McMahon Line dispute is resolved, he said.
The minister said talks between the two countries on the infiltration issue were on.
He said the speed of setting barbed wire fencing along the Indo-China border would be speeded-up.
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100 million broadband connections in three years
Bangalore, Aug 30, DHNS:
National Knowledge Commission chairman Sam Pitroda on Saturday said the country had the necessary backup infrastructure to achieve 100 million broadband connections in the next three years to ensure the benefits of information and communication technology reached the grassroots.
Speaking at a seminar on Transforming India: Reaching the bottom of the pyramid, organised as part of the silver jubilee celebrations of C-DOT in Bangalore, Pitroda said current broadband connections stood at six million and a quantum jump could be achieved using the existing fibre optic cable network of the railways, the Gas Authority of India and the telecom sector.
The network, once established, would help in taking e-governance, health services, public delivery system to the grassroots, besides education through Internet to eradicate illiteracy. The Centre also planned to network 600,000 gram seva kendras in panchayats by 2012.
Bangalore, Aug 30, DHNS:
National Knowledge Commission chairman Sam Pitroda on Saturday said the country had the necessary backup infrastructure to achieve 100 million broadband connections in the next three years to ensure the benefits of information and communication technology reached the grassroots.
Speaking at a seminar on Transforming India: Reaching the bottom of the pyramid, organised as part of the silver jubilee celebrations of C-DOT in Bangalore, Pitroda said current broadband connections stood at six million and a quantum jump could be achieved using the existing fibre optic cable network of the railways, the Gas Authority of India and the telecom sector.
The network, once established, would help in taking e-governance, health services, public delivery system to the grassroots, besides education through Internet to eradicate illiteracy. The Centre also planned to network 600,000 gram seva kendras in panchayats by 2012.
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IT can tech India to next level: Bhasin
26 Aug 2009, 0106 hrs IST, ET Bureau
If Nasscom chairman Pramod Bhasin is to be believed the Indian technology services skills, admired the world over, can change things in its
own backyard.
We have the volume, scale, size and market share
as our critical competitive advantages. Its time we have a public-private partnership that could trigger adoption of technology in the domestic market, he emphasised in an impassioned address to the FM and industry leaders.
Now this skill base can be the vital game changer in the Indian markethelping the technology under penetrated populace enjoy the benefits of everything from digital land records to high-tech immigration systems.
That keenness among IT companies to digitally transform the country was aptly revealed by Mr Bhasin as he laid out the reform road map for Mission 2010.
While the IT sector, with exports growing from almost zilch to $50 billion in less than a decade and employing over two million, is now set to bring the benefits of technology to the country, the Indian youth will also help address the global shortage of workers.
There will be a shortage of 15-18 million skilled workers in the US, Japan and Scandinavian countries already faced with massive manpower shortages. These can also be met by the Indian labour pool, he said.
While the opportunities to grow are hugeboth within the country and outsideMr Bhasin acknowledged there are shortcomings that need to be addressed urgently to achieve the goal of IT for the masses.
Setting a three-point agenda he said that the areas that needed urgent attention include education, which calls for a complete change so that there are more employable graduates.
At present the industry is able to look at only 8-10% of the graduates passing out every year as the rest are not really employable. An overhaul of the education sector is needed to address gaps in education and skills that the industry needs, Mr Bhasin said.
Security, not just homeland security but also computer security
, to tackle threats from both hackers and viruses is the second issue. And the third is to urgently address the woefully inadequate public infrastructure be it roads or civic services.
Mr Bhasin concluded by saying India can be the fastest growing economy in the world, ahead of China or any other country, provided the country uses the talent available in the right manner and builds an enabling infrastructure.
26 Aug 2009, 0106 hrs IST, ET Bureau
If Nasscom chairman Pramod Bhasin is to be believed the Indian technology services skills, admired the world over, can change things in its
own backyard.
We have the volume, scale, size and market share
as our critical competitive advantages. Its time we have a public-private partnership that could trigger adoption of technology in the domestic market, he emphasised in an impassioned address to the FM and industry leaders.
Now this skill base can be the vital game changer in the Indian markethelping the technology under penetrated populace enjoy the benefits of everything from digital land records to high-tech immigration systems.
That keenness among IT companies to digitally transform the country was aptly revealed by Mr Bhasin as he laid out the reform road map for Mission 2010.
While the IT sector, with exports growing from almost zilch to $50 billion in less than a decade and employing over two million, is now set to bring the benefits of technology to the country, the Indian youth will also help address the global shortage of workers.
There will be a shortage of 15-18 million skilled workers in the US, Japan and Scandinavian countries already faced with massive manpower shortages. These can also be met by the Indian labour pool, he said.
While the opportunities to grow are hugeboth within the country and outsideMr Bhasin acknowledged there are shortcomings that need to be addressed urgently to achieve the goal of IT for the masses.
Setting a three-point agenda he said that the areas that needed urgent attention include education, which calls for a complete change so that there are more employable graduates.
At present the industry is able to look at only 8-10% of the graduates passing out every year as the rest are not really employable. An overhaul of the education sector is needed to address gaps in education and skills that the industry needs, Mr Bhasin said.
Security, not just homeland security but also computer security
, to tackle threats from both hackers and viruses is the second issue. And the third is to urgently address the woefully inadequate public infrastructure be it roads or civic services.
Mr Bhasin concluded by saying India can be the fastest growing economy in the world, ahead of China or any other country, provided the country uses the talent available in the right manner and builds an enabling infrastructure.
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Tripura to be declared fully literate in 2010
2009-08-11 15:40:00
Tripura will be declared fully literate in September next year, Chief Minister Manik Sarkar said Tuesday.
'On the occasion of World Literacy Day (Sep 8) next year, Tripura will be declared an entirely literate state. The final phase of all out efforts to achieve this goal has begun,' Sarkar told a meeting of the state literacy mission authority.
According to the 2001 census, Tripura was the 12th most literate state in India with 73.66 percent literacy and the second most literate state in northeast region after Mizoram, where the literacy rate was 88.49 percent.
According to a study by the Kolkata-based Indian Statistical Institute in 2006, the literacy rate in Tripura had risen to 80.14 percent.
According to the state information department, 64,000 of the 3.8 million people in Tripura are illiterate.
2009-08-11 15:40:00
Tripura will be declared fully literate in September next year, Chief Minister Manik Sarkar said Tuesday.
'On the occasion of World Literacy Day (Sep 8) next year, Tripura will be declared an entirely literate state. The final phase of all out efforts to achieve this goal has begun,' Sarkar told a meeting of the state literacy mission authority.
According to the 2001 census, Tripura was the 12th most literate state in India with 73.66 percent literacy and the second most literate state in northeast region after Mizoram, where the literacy rate was 88.49 percent.
According to a study by the Kolkata-based Indian Statistical Institute in 2006, the literacy rate in Tripura had risen to 80.14 percent.
According to the state information department, 64,000 of the 3.8 million people in Tripura are illiterate.
IndiaNews98
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- Aug 30, 2009
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Delhi-Mumbai corridor will put Gujarat on global map: Modi
Tags: By John Stanly Kadi (Gujarat)
(Source: IANS)
Published: Fri, 28 Aug 2009 at 14:27 IST
By John Stanly
Kadi (Gujarat): The upcoming Delhi-Mumbai Industrial Corridor (DMIC) will expedite Gujarat's industrial development and help it emerge as a financial hub in Asia, said Chief Minister Narenda Modi here Friday.
"It's my dream to make Gujarat a great financial power. The day will come when Gujarat, along with Japan and Singapore, will dominate the Asian economy," Modi said after inaugurating the new plant of Hitachi Home and Life Solutions India, a subsidiary of Japan's Hitachi Appliances.
The industrial corridor, being developed in cooperation with the Japanese government, "is a golden opportunity for development", Modi said.
The 1,483-km dedicated freight corridor will pass through Gujarat, Madhya Pradesh, Haryana, Uttar Pradesh, Maharashtra and the National Capital Region (NCR) with end terminals at Dadri in the NCR and Jawaharlal Nehru Port near Mumbai.
The project aims to double employment, triple industrial output and quadruple exports from the region in five years.
India and Japan have signed a deal to build the DMIC at a proposed investment of $90 billion.
Modi said once the project is complete, a clutch of industrial projects will come up along the corridor, with Gujarat gaining the most.
The chief minister also said Gujarat was progressing in all sectors, particularly in the manufacturing and agriculture sectors.
"When the green revolution happened, Gujarat was not in the picture. But now, the agricultural sector in the state is booming. Gujarat has achieved over 10 percent agricultural growth, while the national average is less than two percent," he added.
"The state would take a quantum leap in socio-economic development by 2010 when we will celebrate 50 years of the formation of Gujarat".
Tags: By John Stanly Kadi (Gujarat)
(Source: IANS)
Published: Fri, 28 Aug 2009 at 14:27 IST
By John Stanly
Kadi (Gujarat): The upcoming Delhi-Mumbai Industrial Corridor (DMIC) will expedite Gujarat's industrial development and help it emerge as a financial hub in Asia, said Chief Minister Narenda Modi here Friday.
"It's my dream to make Gujarat a great financial power. The day will come when Gujarat, along with Japan and Singapore, will dominate the Asian economy," Modi said after inaugurating the new plant of Hitachi Home and Life Solutions India, a subsidiary of Japan's Hitachi Appliances.
The industrial corridor, being developed in cooperation with the Japanese government, "is a golden opportunity for development", Modi said.
The 1,483-km dedicated freight corridor will pass through Gujarat, Madhya Pradesh, Haryana, Uttar Pradesh, Maharashtra and the National Capital Region (NCR) with end terminals at Dadri in the NCR and Jawaharlal Nehru Port near Mumbai.
The project aims to double employment, triple industrial output and quadruple exports from the region in five years.
India and Japan have signed a deal to build the DMIC at a proposed investment of $90 billion.
Modi said once the project is complete, a clutch of industrial projects will come up along the corridor, with Gujarat gaining the most.
The chief minister also said Gujarat was progressing in all sectors, particularly in the manufacturing and agriculture sectors.
"When the green revolution happened, Gujarat was not in the picture. But now, the agricultural sector in the state is booming. Gujarat has achieved over 10 percent agricultural growth, while the national average is less than two percent," he added.
"The state would take a quantum leap in socio-economic development by 2010 when we will celebrate 50 years of the formation of Gujarat".
I request u all indian Friends tht Please also include Latest Take over(s) from Indians and Indian companies World Over...
Here is from my side....
Indian Mining Gaint Sterlite Bid for Asarco.....Although ASARCo ask for the revision in price but Sterlite is going to make it at old Price only.
ASARCO is a USA based company.
the Biggest take over of the Year was TATA Motors buy out JLR.... Jaguar and Land Rover deal...... World Renowened Brand is Indian now.
Here is from my side....
Indian Mining Gaint Sterlite Bid for Asarco.....Although ASARCo ask for the revision in price but Sterlite is going to make it at old Price only.
ASARCO is a USA based company.
the Biggest take over of the Year was TATA Motors buy out JLR.... Jaguar and Land Rover deal...... World Renowened Brand is Indian now.
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