Made in India military weapons and support systems

[Hindustani78]

Ministry of Defence
02-April, 2018 19:52 IST
BEL Crosses Rs 10,000 Crores Landmark Turnover

Navratna Defence PSU Bharat Electronics Limited (BEL) has achieved the landmark turnover of more than Rs. 10,000 crore (Provisional & Unaudited) during FY 2017-18, sustaining double digit growth over the previous year’s turnover of Rs. 8,825 crore.

Some of the flagship projects executed during the year include Integrated Air Command & Control System (IACCS), Weapon Locating Radar (WLR), Hand Held Thermal Imager (HHTI), Akash Weapon System (Army), Naval Fire Control System, Integrated Communication System, 3-D Tactical Control Radar (TCR), Electronic Warfare Systems, L-70 Gun Upgrade, Electronic Voting Machines (EVM) and Voter Verifiable Paper Audit Trail (VVPAT).

BEL’s Chairman & Managing Director, Shri MV Gowtama said, “The focus on indigenisation for self-reliance has continued with more vigour, besides capacity building, expansion and enhanced outsourcing to SME sector. Also, BEL has been able to maintain good order acquisition this year. These efforts will complement BEL to sustain growth, capitalise future opportunities and consolidate market leadership in the Defence business.”

******

 

[Hindustani78]

Stone for Ashok Leyland’s bus-making plant laid

Mallavalli (Krishna District) , March 31, 2018 23:22 IST
Updated: March 31, 2018 23:22 IST
http://www.thehindu.com/news/nation...nds-bus-making-plant-laid/article23403652.ece

A landmark: Chief Minister N. Chandrababu Naidu at the stone-laying of Ashok Leyland’s bus plant on Saturday. Company MD Vinod K. Dasari is seen. | Photo Credit: V RAJU.

Company to recruit more than 5,000 people and make 4,800 buses per annum

Chief Minister N. Chandrababu Naidu laid the foundation stone for Ashok Leyland’s bus building plant at the model industrial park at Mallavalli, 40 km from Vijayawada, on Saturday.

The world’s fourth largest bus maker would recruit more than 5,000 people for the facility.

After laying the stone, Mr. Naidu said, “This is the third such big investment after Kia Motors and Hero. Ashok Leyland will be followed by about 700 industrial units with investment. We gave more than 1,100 acres for the industries and the Mallavalli industrial region will change the face of the State for good. The developments speak of huge employment potential. I congratulate Mr. Dasari, son of the soil from Krishna district, for choosing the place and swift execution.”

The expected investments in the automobile units, mega food parks, plastic park and logistic parks in the region would herald a great future for Amaravati, he said. Mallavalli would have better access to the airport, the Machilipatnam port and the proposed outer ring road.

Later, Ashok Leyland MD and CEO Vinod K Dasari said, “We were initially asked to set up the plant near the auto cluster in Sricity. But we wanted to set up the plant in Krishna district as I hail from here. We will roll out the first bus in six months.” The company would develop its facility in a 75-acre plot with an investment of ₹170 crore to make 4,800 buses annually in the first phase.

Full capacity

The plant would reach full capacity in a year which would be doubled in the second phase in another 75 acres beside the plant.

The State government apparently was very cooperative in facilitating the plant in record time. From the initial approach, registration to grounding of the plant was made possible in just four months, according to company. Once completed, it would be its third bus making plant after Alwar (Rajasthan) and Trichy (Tamil Nadu).

On the operational front, it would have a facility to make all kinds of buses, electric vehicles besides having the pilot assembly line and prototype development.

Other than bus making, it would house a state-of-the-art learning and skill development centre.

http://www.thehindu.com/news/nation...ies-for-electric-vehicles/article23409390.ece

Working on technology that can charge battery of a bus in five minutes, says CEO

World’s fouth largest bus maker Ashok Leyland is planning to make batteries for electric vehicles. Currently, it is working on different technologies to make electric vehicles and transport more economic and efficient.

The Hinduja Group’s flagship company has dedicated a sizable research & development team with significant funding to work on the technologies, according to its CEO and MD Vinod K. Dasari.

Speaking to The Hindu on the sidelines of the foundation laying ceremony for the ₹340-crore bus-making plant at Mallavalli near Vijayawada, Mr. Dasari said, “We are already making all kinds of buses, including electric ones. Right now the batteries are procured from different firms from across the world. We are now working on various technologies to manufacture batteries. We hope to make them and compete with global players in the segment.”

Ashok Leyland was the successful bidder to supply and operate electric buses in Ahmedabad smart city project, in which the company is expected to run 40 buses. The bidder was finalised on the basis of lowest price per kilometre per passenger.

Three varieties

As per the information, the company is exploring three options for future electric vehicles. “One is a fast charging battery which can be ready in six hours, a flash charging one which can charge a bus in just five minutes and a swappable battery which can be quickly unloaded from the bus and replaced with a charged one,” he said.

The company is also working on the infrastructure needed to charge the buses or electric vehicles at bus stations and other important common transit points. Interestingly, all these technologies will be available for use within six to eight months, according to the CEO. However, the investment needed for the battery manufacturing plant will be anywhere from ₹100 crore to ₹1,000 crore depending on the capacity. “We have not yet taken any decision on the battery making plant and investment. But the technologies are under development,” added Mr. Dasari.

The bus-making plant at Mallavalli, the third one after the units in Rajasthan and Tamil Nadu, will be making 4,800 buses per annum in the first phase. The plant is scheduled to reach its full capacity and production in the coming one year. Electric vehicle manufacturing facility is also a part of the plant in Krishna district. The company also has a plan to double its production depending on the demand.

 

[MimophantSlayer]

Tonbo Imaging making periscopes and optronic masts for submarines.

https://twitter.com/x/status/978184515641229312

https://twitter.com/x/status/959389910233899008

 

[Hindustani78]

Ministry of Commerce & Industry
04-April, 2018 15:25 IST
Special Package for Employment Generation in Leather and Footwear Sector

Government has approved special package for employment generation in leather and footwear sector. The package involves implementation of Central Sector Scheme ‘Indian Footwear, Leather & Accessories Development Programme (IFLADP)’ with an approved expenditure of Rs. 2,600 crores over the three financial years from 2017-18 to 2019-20. This information was given by Minister of State of Commerce and Industry, Shri C.R. Chaudhary in a written reply in the Rajya Sabha today. The Minister informed the House that there are seven sub-schemes under IFLADP and listed out the various details of the sub-schemes:



(i) Human Resource Development (HRD) sub-scheme provides assistance for Placement Linked Skill Development training to unemployed persons @ Rs. 15,000 per person, for skill up-gradation training to employed workers @ Rs. 5,000 per employee and for training of trainers @ Rs. 2 lakhs per person.

(ii) Integrated Development of Leather Sector (IDLS) sub-scheme incentivizes investment and manufacturing including job creation by providing backend investment grant/subsidy @ 30% of the cost of new Plant and Machinery to Micro, Small & Medium Enterprises (MSMEs) and @ 20% of the cost of Plant and Machinery to other units for modernization /technology upgradation in existing units and also for setting up of new units.

(iii) Establishment of Institutional Facilities sub-scheme provides assistance to Footwear Design & Development Institute (FDDI) for upgradation of some of the existing campuses of FDDI into "Centers of Excellence" and establishing 3 new fully equipped skill centers alongside the upcoming Mega Leather Cluster.

(iv) Mega Leather, Footwear and Accessories Cluster (MLFAC sub-scheme provides infrastructure support to the Leather, Footwear and Accessories Sector by establishment of Mega Leather, Footwear and Accessories Cluster. Graded assistance is provided up to 50% of the eligible project cost, excluding cost of land with Government assistance being limited to Rs. 125 crores.

(v) Leather Technology, Innovation and Environmental sub-scheme, assistance is provided for upgradation/installation of Common Effluent Treatment Plants (CETPs) @ 70% of the project cost. The sub-scheme also provides for support to national level sectoral industry council/ association and support for preparation of vision document for Leather Footwear and Accessories Sector.

(vi) Promotion of Indian Brands in Leather, Footwear and Accessories sub-scheme, eligible units approved for Brand Promotion are assisted. Government assistance is limited to 50% of total project cost subject to a limit of Rs.3 crores for each brand, each year for 3 years.

(vii) Additional Employment Incentive for Leather, Footwear and Accessories Sector scheme, employers' contribution of 3.67% to Employees' Provident Fund for all new employees in Leather, Footwear and Accessories sector are provided for enrolling in EPFO for first 3 years of their employment.





******

 

[Hindustani78]

Ministry of Commerce & Industry
06-April, 2018 16:42 IST
RS. 569 Crores Invested in 120 Startups Generating 6515 Jobs

A 19-point Action Plan for Startups was launched in January 2016. The Action plan covers areas of Simplification and Handholding, Funding Support & Incentives and Industry-Academia partnership and incubation. Department of Industrial Policy & Promotion, Ministry of Commerce & Industry is the nodal Ministry for successful implementation of the Action Plan.

Recognition of Startups

Modification of definition of Startups in May 2017 and improvements incorporated in the recognition process reduced the time taken for grant of recognition certificate from 10-15 days to 1-4 days currently. As a result, as against 797 recognitions in 2016-17, 7968 Startups received recognition in FY17-18. A total of 8765 Startups have been recognized by DIPP since Jan 2016. Of the recognized Startups, 15% are from IT services, 9% healthcare and life sciences, 7% education, 6% professional and commercial services, 4% agriculture among others. Of all directors of Startups, 35% are women. 6954 Startups have reported employment generation of 81,264. Additionally, 88 Startups have been certified for claiming tax exemptions by the Inter-Ministerial Board.

Preference in Public Procurement

The Government e-marketplace, GeM portal has been fully integrated with Startup India portal. Startups can now list their products and services on GeM and automatically receive relaxations on criteria of prior turnover, experience and submission of earnest money deposit.

Startup Intellectual Property Protection Scheme

Startups are eligible for 80% rebate in patent filing fees and 50% on trade mark filing fees. They are also eligible for free facilitation along with fast track examination of patent applications. 423 patent facilitators and 596 trademark facilitators have been nominated for this purpose. This scheme has benefited 671 patent applicants, 941 trademark applicants along with 144 expedited examinations.

Fund of Funds for Startups

SIDBI has committed Rs 1136 Crores to 25 VC Funds, who in turn have invested Rs. 569 crores in 120 Startups. These Startups have generated 6515 jobs including 1184 for women.

Startup India Hub

DIPP has also established the Startup India Hub, a single point of contact for the entire ecosystem to enable knowledge exchange and access to funding. The Startup India Hub works with Startups, incubators, investors, mentors, corporates and government agencies in a hub and spoke model. The Hub has addressed 88,566 queries over phone, email and social media. It has facilitated 494 Startups in business plan formulation, fund raising and policy advocacy. The Hub has entered into partnerships with 25 corporates to offer mentorship, acceleration and pro-bono services to Startups and entrepreneurs. An online platform for Startup India Hub was launched in June, 2017 to enable Startups, individuals and other ecosystem members to connect with each other, discover relevant government schemes, access events and competitions, tools and templates, online learning programs and other resources. Over 41000 users have registered on the Hub and more than 4.4 million users have visited the Hub since launch. Startups can connect with 260 mentors and investors, 140 Incubators and 10 government agencies through the platform. The Hub platform also houses the Startup India Learning Program, an online program which assists entrepreneurs in building effective business plans and launching their businesses. Over 2 lakh persons have registered for this program so far.

Participation of States in Strengthening Startup Ecosystems

At the time of launch of this initiative, only 4 States had a stated Startup policy, whereas 19 States have implemented Startup policies now. To take this movement to the next level, State/UT Startup Ranking Framework has been launched on 6th February, 2018. The key objective of the Startup States Ranking Framework is to encourage States and UTs to take proactive steps towards strengthening the Startup ecosystems within their jurisdictions.

International Bilateral Cooperation

International bilateral cooperation with countries having strong Startup ecosystems- Israel, Singapore, Portugal and Sweden have been entered into by Startup India Hub to facilitate market access and promote investments. Under the India Israel Innovation Challenge, 665 Startups from India and 150 from Israel proposed solutions in the areas of Agriculture, Water and Health through an online challenge. 18 Startups from both countries were selected and have been offered cash prizes, 6 months incubation support and market access program in both India and Israel.

Regulatory Easing

21 regulatory changes to enhance ease of doing business, raising capital and reducing compliance burden have been undertaken. Insolvency resolution process is to be completed in 90 days for Startups as against 180 days for other entities.

Startup Yatra and Campus Connect Programs

The Startup India Yatra is an initiative that travels to Tier 2 and Tier-3 cities of India to search for entrepreneurial talent and help develop Startup ecosystem. The Startup Yatras have covered the States of Gujarat, Uttar Pradesh and Odisha where more than 18000 young entrepreneurs were supported through mentorship. Startup Yatra in Uttarakhand has recently been started on 2 April. Under the Campus Connect program, awareness workshops on Startup India initiative are being held at educational campuses across the country. 8 workshops have been held in institutions of national importance(IITs/IIMs/NITs/IISc).

Infrastructure Support

2441 Tinkering Labs are being established in selected schools with tools and equipment in science, technology, engineering and math to inculcate “do it yourself” spirit. 8 Research Parks are being established at IIT Kanpur, IIT Bombay, IIT Delhi, IIT Kharagpur, IIT Hyderabad, IIT Madras, IIT Guwahati, and IISc Begaluru.

Innovation Focused Programs for Students

Under the National Initiative for Developing and Harnessing Innovations (NIDHI), grand challenge was conducted to promote entrepreneurship among students, 224 applications were received. Under the Uchchatar Avishkar Yojana (UAY) 92 projects have been approved for execution worth Rs. 282.6 crores. Under the Million Minds Augmenting National Aspiration and Knowledge (MANAK), an award scheme to foster culture of innovation and research through focussed programs for students, 1 lakh students competed at district and State levels. 4 regional workshops were organized and top 60 ideas were showcased at Annual Festival of Innovation.

***

 

[Hindustani78]

The Minister of State for Micro, Small & Medium Enterprises (I/C), Shri Giriraj Singh launching the Mobile Application, at the 9th Meeting of National Khadi and Village Industries Board, in New Delhi on April 06, 2018. The Secretary, MSME, Shri Arun Kumar Panda is also seen.

The Minister of State for Micro, Small & Medium Enterprises (I/C), Shri Giriraj Singh chairing the 9th Meeting of National Khadi and Village Industries Board, in New Delhi on April 06, 2018. The Secretary, MSME, Shri Arun Kumar Panda and other dignitaries are also seen.

The Minister of State for Micro, Small & Medium Enterprises (I/C), Shri Giriraj Singh chairing the 9th Meeting of National Khadi and Village Industries Board, in New Delhi on April 06, 2018. The Secretary, MSME, Shri Arun Kumar Panda and other dignitaries are also seen.

 

[Turingsage]

The Minister of State for Micro, Small & Medium Enterprises (I/C), Shri Giriraj Singh launching the Mobile Application, at the 9th Meeting of National Khadi and Village Industries Board, in New Delhi on April 06, 2018. The Secretary, MSME, Shri Arun Kumar Panda is also seen.

The Minister of State for Micro, Small & Medium Enterprises (I/C), Shri Giriraj Singh chairing the 9th Meeting of National Khadi and Village Industries Board, in New Delhi on April 06, 2018. The Secretary, MSME, Shri Arun Kumar Panda and other dignitaries are also seen.

The Minister of State for Micro, Small & Medium Enterprises (I/C), Shri Giriraj Singh chairing the 9th Meeting of National Khadi and Village Industries Board, in New Delhi on April 06, 2018. The Secretary, MSME, Shri Arun Kumar Panda and other dignitaries are also seen.

Endlessly tired of pure shit like this. What we see are endless photos of men ( and some women) sitting around tables, giving speeches, cutting ribbons, gesturing, pointing, talking the hind legs of a cow. Endless photos of people talking talking talking.
This is India's version of defence industries. Hars and flowers stuck on planes tanks etc Painted in gaudy colours with a puja thrown in. Always the obligatory 5 hr speech lauding this and lauding that, endless name dropping and everything is "futuristic" "incredible progress" etc etc.
There is little to show as Indians believe making speeches is the same as manufacturing a viable product. Indians believe painting anything in gaudy colours with hundreds of flowers and the Tilak makes any shit world beating.

Its shit man

Please spare us the photos of talking heads

Show us something real that, even looks like and functions like modern defence equipment and not re engineered 50's equipment whose licence you just paid for

Have a modicum of humility and do not shame us with these endless posts

 

[Hindustani78]

Prime Minister's Office
08-April, 2018 14:47 IST
PM to address CPSE Conclave at Vigyan Bhawan tomorrow

The Prime Minister, Shri Narendra Modi, will attend the CPSE Conclave at Vigyan Bhawan in New Delhi on April 9, 2018.

Senior officers of Central Public Sector Enterprises, and top Ministry officials will attend the conclave. The conclave will feature presentations on best practices in CPSEs.

In the afternoon, thematic presentations will be made to the Prime Minister on subjects such as corporate governance, human resource management, financial re-engineering, and innovation. The Prime Minister will later address the conclave.

***

 

[Hindustani78]

Prime Minister's Office
09-April, 2018 19:01 IST
PM addresses CPSE Conclave

The Prime Minister, Shri Narendra Modi, attended the CPSE Conclave at Vigyan Bhawan in New Delhi today.

Thematic presentations were made to the Prime Minister on subjects such as corporate governance, human resource management, financial re-engineering, innovations and technology, and Vision 2022 for New India.

Addressing the gathering, the Prime Minister described this conclave as a new beginning in the public sector sphere.

Appreciating the presentations, the Prime Minister said that the Union Government has given operational freedom to the public sector undertakings, so that they can improve their performance. He said PSUs have contributed significantly in nation-building, and in the nation’s economy, since independence.

He said that for Public Sector Enterprises, both profit and generating social benefit are important. Complimenting the PSE employees for their contribution, the Prime Minister said that major objectives of the Government, such as electrifying all unelectrified villages, and providing LPG connections to the poor, could not have been fulfilled without the hard work of the PSE workers.

The Prime Minister said that it is not enough to rest on past laurels, but is also important to adapt to emerging challenges. He said enterprise and innovation should be the guiding principles in the 21st century. He said Incentives, Imagination and Institution Building would be the three keys to success.

The Prime Minister exhorted PSEs to help in making the New India, through changes in technology and processes. For this he said, PSEs would need a 5-P formula – Performance, Process, Persona, Procurement and Prepare.

Elaborating the same, he mentionedimproving operational and financial performance; transparency and accountability in processes; procurement through the GeM platform and from MSMEs; and preparation for technological disruptions such as Artificial Intelligence, Quantum Computing and Robotics.

He set five challenges before the PSEs, for New India:

• By 2022, how will Indian PSUs maximize their geo-strategic reach?
• By 2022, how will Indian PSUs minimize the country’s import bill?
• By 2022, how will Indian PSUs integrate innovation and research?
• By 2022, what will be the roadmap for Indian PSUs to optimally utilize their CSR Fund?
• By 2022, what new development model will Indian PSUs give the country?

The Prime Minister said that out of the 500 biggest companies in the world, one-fourth belong to the public sector in some country. He suggested that Indian PSUs can link with PSUs with other countries, and develop a comprehensive strategy for overseas investment. He said PSUs can also play a key role in reducing India’s import bill. Noting that CPSEs have modern R&D infrastructure, in addition to the facilities that exist in CSIR and ICAR etc, the Prime Minister said that innovation and research now need to be integrated. In this context, he called for greater information sharing among CPSEs and Government Departments.

The Prime Minister suggested that the CSR spend of CPSEs should be focused largely on one specific theme each year. In this context, he noted the success that was achieved when this CSR spend was utilized for toilet construction in schools. He said one good theme could be the development of aspirational districts. He said CPSEs can also take up skill development programmes, as part of CSR.

The Prime Minister said CPSEs can work as role models in many areas such as paperless work culture, cashless transactions, and waste management.

The Prime Minister expressed hope that CPSEs would participate in a big way in realizing the resolve of New India.

***


Ministry of Heavy Industries & Public Enterprises
09-April, 2018 19:40 IST
Prime Minister says CPSEs should transform into profit and social benefit Generating Enterprises

Prime Minister of India Narendra Modi addressed heads and senior officials of around 331 Central Public Sector Enterprises (CPSEs) at the CPSE Conclave-Vision 2022 in New Delhi today. This was the first time in 75 years that a conclave of all CPSEs was held. Speaking on this occasion the Prime Minister said that CPSEs are the wealth of nation and will be an important catalyst to fulfil the vision of New India by 2022. The Prime Minister went on to say that with this Conclave a new beginning is being made by CPSEs to transform themselves into Profit and Social Benefit Generating Enterprises. The Prime Minister outlined three mantras for CPSEs- Incentives, Imagination and Institution building in order to bring about this transformation. Unique incentives, not necessarily financial, will energize the public enterprises. Imagination will bring about technological changes for which leadership is required and institution building will transform the public enterprises from Maharatna into New India Ratna Enterprises.

The Prime Minister went on to give a formula of 5 Ps which will prepare the CPSEs to compete with the best companies in the world-Performance, Process, Persona, Procurement and Preparedness. In a few years, India will become a 5 trillion dollar economy andthis will be possible due to the collective efforts of all CPSEs which will be the third arm of revenue generation for the India’s GDP.

Prime MinisterModi put forth five challenges and asked for roadmaps with measurable targets to be prepared within 100 days towards fulfilling the vision of New India by 2022. The five challenges put forth by the Prime Minister are:

1. How will the CPSEs increase their Geo Strategic Reach?
2. How will CPSEs will reduce India’s import bill?
3. How will CPSEs work in coordination with each other for innovation and research?
4. How will CPSEs use CSR funds for the 115 aspirational districts, which are to be brought on par with national indices?
5. What new model CPSEs will offer to the development of New India?

The Union Minister for Heavy Industries and Public Enterprises Shri Anant Geete welcomed the Prime Minister at the Conclave. The Minister of Statefor Heavy Industries and Public Enterprises, Babul Supriyo along with Secretaries of Ministries of Government of India and other top officers were present on this occasion.

*****

 

[Hindustani78]

The Prime Minister, Shri Narendra Modi addressing the Central Public Sector Enterprises (CPSE) Conclave, in New Delhi on April 09, 2018.

The Prime Minister, Shri Narendra Modi addressing the Central Public Sector Enterprises (CPSE) Conclave, in New Delhi on April 09, 2018.

The Prime Minister, Shri Narendra Modi addressing the Central Public Sector Enterprises (CPSE) Conclave, in New Delhi on April 09, 2018.

 

[Hindustani78]

The Vice President, Shri M. Venkaiah Naidu being received by the Governor of Karnataka, Shri Vajubhai Rudabhai Vala and other dignitaries, on his arrival, in Bengaluru on April 11, 2018.

 

[Hindustani78]

Ministry of Corporate Affairs
19-April, 2018 18:27 IST
CCI issues important order under Lesser Penalty Provisions in the cartel case by leading Indian Zinc-Carbon Dry Cell Battery Manufacturers

The Competition Commission of India (‘CCI’) passed Final Order imposing penalty on three leading Indian Zinc-Carbon Dry Cell Battery manufacturers-Eveready Industries India Ltd. (‘Eveready’), Indo National Ltd. (‘Nippo’), Panasonic Energy India Co. Ltd. (‘Panasonic’) and their association AIDCM (Association of Indian Dry Cell Manufacturers) for colluding to fix prices of zinc-carbon dry cell battery in India. CCI invoked the provisions of Section 46 of the Competition Act, 2002 (‘the Act’) read with the Competition Commission of India (Lesser Penalty) Regulations, 2009 (‘Lesser Penalty Regulations’) to reduce the penalty imposed upon Panasonic, Eveready and Nippo by 100 percent, 30 percent and 20 percent respectively .

The case against these battery manufacturers was taken-up by CCIsuo motu under Section 19 of the Act based on the disclosure by Panasonic under Section 46 of the Act read with the Lesser Penalty Regulations. During investigation, DG (Investigation), CCI in exercise of the powers vested with it under Section 41(3) of the Act carried-out simultaneous search and seizure operations at the premises of Eveready, Nippo and Panasonic on 23 August 2016 and seized incriminating material and documents there from. Subsequently, while the investigation was in progress and report from the DG was pending, Eveready and Nippo, approached CCI as lesser penalty applicants.

From the evidence collected in the case, CCI found that the three battery manufacturers, facilitated by AIDCM, had indulged in anticompetitive conduct of price coordination, limiting production/ supply as well as market allocation in contravention of the provisions of Section 3(3)(a), 3(3)(b) and 3(3)(c) read with Section 3(1) of the Act. It was observed that the conduct was continuing from 2008, which is prior to 20May 2009, the date on which Section 3 of the Act became enforceable, and up till 23 August 2016 i.e. the date of search and seizure operations by the DG.

Considering contravention of provisions of the Act, an amount of Rs.245.07 crore, Rs. 52.82 crore and Rs. 74.68 crore was computed as leviable penalty on three battery manufacturers i.e. Eveready, Nippo and Panasonic, respectively, in terms of proviso to Section 27 (b) of the Act. While computing leviable penalty, CCI took into consideration all relevant factors including duration of cartel, industry conditions, etc. and decided to levy penalty on the three battery manufacturers at the rate of 1.25 times of their profit for each year from 2009-10 to 2016-17. Also, penalty of Rs. 1.85 Lakh was levied on AIDCM at the rate of 10 percent of average of its receipts for preceding three years. Additionally, considering totality of facts and circumstances of the case, penalty leviable on individual officials/ office bearers of the three battery manufacturers and AIDCM was computed at the rate of 10 percent of the average of their income for preceding three years.

Keeping in view the stage at which the lesser penalty application was filed, co-operation extended in conjunction with the value addition provided in establishing the existence of cartel, CCI granted Panasonic and its individuals 100 percent reduction in the penalty than was otherwise leviable. Eveready and Nippo, along with their individuals, were granted 30 and 20 percent reduction in penalty respectively. Pursuant to reduction, penalty imposed on Eveready was Rs. 171.55crore (Rupees One Hundred Seventy-One Crores and Fifty-Five Lakhs) and on Nippo was Rs. 42.26 crore (Rupees Forty-Two Crores and Twenty Six Lakhs). No penalty was imposedon Panasonic.



*****

Ministry of Micro,Small & Medium Enterprises
19-April, 2018 17:44 IST
First Ever International SME Convention-2018 in New Delhi

One hundred and fifty participants from 31 countries and 400 entrepreneurs from India will participate in the four day International SME convention being held in New Delhi from 22ndto 24th April. The Ministry of MSME has engaged with over 35 International Trade Development organisations to attract and invite able and willing entrepreneurs and encourage people to people contact with select Indian Entrepreneurs from key sectors of the International counterparts. The convention has specific focus on inclusion of MSMEs in the Make in India program & empowering women entrepreneurs.

The MoMSME recognizing the potential of sustainable Indian SMEs in collaborating with International Companies not only for setting up manufacturing operations in India but also for utilizing the reach and market access of International Counterparts for promoting and exporting Made in India products and services. Need was felt to create a platform which could allow Entrepreneur – to – Entrepreneur exchange of ideas, free and fair business discussions, mutual sizing of opportunities and ways to address them.

India is home to more than 60 million MSMEs, majority of who are in low-tech areas and serve the local domestic markets. Of these, a small percentage, have the ability and capability to derive access to International Markets, with the vast majority of enterprises working as ancillaries. Together the MSMEs constitute a single largest employer after the Agriculture sector in India. Highly developed economies have banked on their small and medium enterprises for both GDP Growth as well as higher employment resulting in higher per capita incomes.

***

 

[Hindustani78]

The Additional Secretary and Development Commissioner, MSME, Shri Ram Mohan Mishra briefing the media regarding the international SME convention to be held from 22nd to 24th April, in New Delhi on April 19, 2018.

 

[Hindustani78]

http://www.thehindu.com/news/nation...higher-defence-management/article23599248.ece
In an effort to improve higher defence management, the government on Wednesday constituted a new committee headed by the National Security Advisor.

According to a government notification, the Defence Planning Committee (DPC) headed by NSA Ajit Doval, will prepare a draft national security strategy, develop a capability development plan, work on defence diplomacy issues and improving defence manufacturing in India.

While the government sources said it was a major reform, many in the military were unimpressed. Critics pointed out that there was no dearth of committees in the defence sector.

The DPC will have the Chairman of the Chiefs of Staff Committee, three service chiefs, secretaries of the ministries of defence, expenditure and foreign affairs as its members. The Chief of Integrated Staff in the MoD will be the member secretary of DPC, and his headquarters will be the secretariat for the committee.

A notification issued by the Ministry of Defence said the DPC will draft reports on national security strategy, international defence engagement strategy, roadmap to build defence manufacturing ecosystem, strategy to boost defence exports, and priority capability development plans.

The DPC will submit its reports to the Defence Minister.

The MoD order has listed out four sub-committees that will be created under the DPC: one to look at policy and strategy; the second one to work on plans and capability development; third one on defence diplomacy and the fourth on defence manufacturing ecosystem. Who all should be the members of these sub-committees will be decided by the DPC, which is expected to hold its first meeting soon after Mr. Doval returns from Germany on April 21, officials said.

 

[MimophantSlayer]

JVPC with vertically folding foregrip featured during DefExpo-18.