Gujarat bags State of the Year award for innovation driven e-governance
4092013
Gujarat bags State of the Year award for innovation driven e-governance
e-Governance model rated best in terms of number of e transactions
****
New Delhi: Gujarat has been adjudged as a winner of State of the Year award for best practices in e-governance, at the SKOCH Awards 2013 constituted by SKOCH, a strategy and management consultancy.
The award was received today by Shri S K Nanda, Additional Chief Secretary(Home), Government of Gujarat from Shri Nandan Nilekani, UIDAI chairman at a function held here.
After receiving the award, Shri Nanda apprised that the Gujarat model of e-governance has been rated as the best in terms of number of e transactions recorded on e Taal portal. Gujarat has adopted a comprehensive approach towards e-governance with well defined administrative processes involving all departments and its functionaries. The outcome of this is fast delivery of service at lower cost, enhanced reach and increased e-literacy in the state.
The Jury comprising of eminent personalities were spellbound by various schemes of Government of Gujarat in sectors such as panchayats, education, revenue, e Taal and security apparatus and voted to give the platinum award to Gujarat.
In addition to the state of the year award, various departments of Gujarat state including Surat Municipal Corporation, iNDEXTb, e-dhara, Gujarat Informatics Limited and department for home (for digitization of crime database) received awards in different categories.
Gujarat has received a number of national and international awards in last decade for Good Governance. Gujarat has received number of national and international awards in last decade for Good Governance. The state has been adjudged the best Big State for providing citizen security and one of the top three Best Big States for their overall performance at the IBN7 Diamond States Awards – 2012. In November 2012, Gujarat was also adjudged Best Big State (Overall) in the country for its performance by India Today. It was also adjudged Best State for Investment.
In the last decade, the State Government has taken a series of initiatives that have generated wonderful results. Gujarat’s pioneering initiatives in areas such as water management, disaster management, health care, education, women empowerment, rural development, industrial development, investment promotion have been studied far and wide and several of them have been replicated and up-scaled in other states of the country.
Edit : Edit
Comments : Leave a Comment »
Categories : Uncategorized
Press Conference of Prof. K Srinath Reddy,
4092013
Press Conference of Prof. K Srinath Reddy, President, Public Health Foundation of India; Shri C.K. Mishra, Additional Secretary, HFW and Dr. Monika Arora, Director, Health Promotion and Tobacco Control.
| |
Date
|
5th September (Thursday)
|
Time
|
11.30 am
|
Venue
|
Room No.155A, Nirman Bhawan, New Delhi
|
Edit : Edit
Comments : Leave a Comment »
Categories : Uncategorized
MOUD to participate in SIAM
4092013
You are cordially invited to cover the following event:
EVENT
|
:
|
MOUD to participate in SIAM (Society of Indian Automobile Manufacturers ) meet
|
DATE
|
:
|
4th September, 2013
|
TIME
|
:
|
12:30 P.M.
|
VENUE
|
:
|
Hotel Taj Palace
|
Edit : Edit
Comments : Leave a Comment »
Categories : Uncategorized
Beni Prasad Verma to inaugurate ‘Steel Summit 2013’.
4092013
Union Minister for Steel Shri Beni Prasad Verma to inaugurate ‘Steel Summit 2013’.
| |
Date
|
04.09.2013 (Wednesday)
|
Time
|
12.30 PM
|
Venue
|
Hotel The Lalit, Barakhamba Lane, New Delhi
|
Edit : Edit
Comments : Leave a Comment »
Categories : Uncategorized
K. H. Muniyappa brief the press
4092013
K. H. Muniyappa, Minister of State (Independent Charge) for Micro, Small and Medium Enterprises will brief the press on the recent initiatives for enhancing the efficiency of PMEGP”.
Date: 4th September, 2013 (Wednesday)
Time: 12:30 P.M.
Venue: Hall No. B, Ground Floor, Vigyan Bhawan Annexe
Edit : Edit
Comments : Leave a Comment »
Categories : Uncategorized
NCRB 8,233 women died in disputes over dowry payments in 2012
4092013
National Crime Records Bureau (NCRB), 8,233 women died in disputes over dowry payments given by the bride’s family to the groom’s family at the time of marriage in 2012 – that works out to be one death per hour.
The report comes as the world’s attention remains on women’s rights issues in India after a number of high-profile rape cases shocked the nation and the globe.
Thousands of Indian women die every year because the groom’s family deemed the dowry amount to be inadequate. Many of the women are doused with gasoline and burned to death. According to AFP, dowry demands continue even years after the marriage ceremony.
The number of deaths has been steadily growing, rising from 8,093 in 2007 to 8,618 in 2011.
The NCRB is responsible for the collection and processing of crime statistics at the national level.
Law does not allow the paying and receiving of a dowry, but century-old traditions remain in place despite legal boundaries.
Edit : Edit
Comments : Leave a Comment »
Categories : culture, Education, Uncategorized
4092013
Quake of 6.0 m hits off western Canada coast
A 6.0 magnitude earthquake struck off Canada’s Vancouver Island on Tuesday, the US Geological Survey reported. A tsunami is not expected after the quake, which hit 124 miles (200 kilometers) west of Port Hardy in British Columbia. The earthquake was identified as shallow, as it occurred 7.5 miles (12 kilometers) below the seabed. The western coast of Canada experiences small tremors on a relatively regular basis because of its proximity to the Queen Charlotte Fault, which marks the boundary between the Pacific and North American tectonic plates.
Edit : Edit
Comments : Leave a Comment »
Categories : Uncategorized
4092013
Global market plunge on Israeli test missile launch
Markets immediately fell on Tuesday after the Russian Defense Ministry reported the launch of two ballistic missiles in the eastern Mediterranean. The FTSE 100 slumped down nearly one percent (7.01 points), but later recovered, when the launch was claimed by IDF to be a joint Israeli-US early warning system test, refuting fears of a start to a Syrian offensive. Stock markets in Germany and France experienced similar losses. Traders reacted to fears of escalation of war in the Middle East as far as India, as the BSE Sensex fell nearly 4 percent (651 points) on “geopolitical worries,” media reports.
Edit : Edit
Comments : Leave a Comment »
Categories : Uncategorized
Egyptian court orders closure of TV channels
4092013Egyptian court orders closure of four TV channels
Al Jazeera Egypt and three other TV channels are to be shut down following an order from an Egyptian court, reports the BBC. Seven Al Jazeera employees were taken into custody last week and held for five days without charges. Authorities released four of them on Sunday. The arrests came after Al Jazeera’s offices were raided and equipment was seized by Egyptian authorities.
Edit : Edit
Comments : Leave a Comment »
Categories : Uncategorized
China ready for South China Sea peace resolution
4092013
China has said it will host talks with senior officials from the 10-member Association of Southeast Asian Nations (ASEAN) over a proposed ‘Code of Conduct’ for the South China Sea, Media reports.
When four ASEAN nations, including Vietnam and the Philippines, have conflicting claims with China over the sea matter assume significance.Taiwan also claims parts of the sea and numerous islands within it. Chinese Premier Li Keqiang, speaking at the opening of a China-ASEAN trade fair in the southern Chinese city of Nanning, said China would“proceed systematically and soundly push forward talks on the Code of Conduct for the South China Sea.”Regional tensions have been on the rise as China has used its growing naval power to assert claims over the oil and gas rich waterway, raising the prospects of a military conflict.Media agencies
Edit : Edit
Comments : Leave a Comment »
Categories : Uncategorized
Quake hits southern Japan
4092013Quake hits southern Japan felt at east coast
Earthquake in southern Japan Wednesday registered at a preliminary magnitude of 6.9, public broadcaster NHK said. Tremors were felt in Tokyo and along the east coast of Japan, though no injuries, damage or tsunami warnings have been reported. The earthquake was measured 400 km (250 miles) below the earth’s surface, NHK said. The U.S. Geological Survey measured the quake at a magnitude of 6.5.
Edit : Edit
Comments : Leave a Comment »
Categories : Uncategorized
Half of Venezuela without power
4092013
A blackout left approximately half of Venezuela without power Tuesday. Government officials blamed the incident on a break in one of the nation’s major power transmission lines that provides electricity to the western and central regions of the country. Twelve of Venezuela’s 24 states were left in the dark, although authorities expected the lights to be turned back on within hours. The outage did not affect Venezuelan oil production. President Nicolas Maduro took to Twitter, claiming the evidence indicated “the far-right has resumed its plan for its electrical strike against the country.”
Edit : Edit
Comments : Leave a Comment »
Categories : Uncategorized
Philippine president cancels China visit
4092013Philippine president cancels China visit over ‘impossible demand’
Philippine President Benigno Aquino has publicly announced the cancellation of a planned trip to a Beijing trade fair after Chinese officials expressed preconditions that Manila withdraw a UN arbitration case over disputed islands in the South China Sea. Philippines foreign ministry spokesman Raul Hernandez said that Chinese Foreign Minister Wang Yi, along with two other diplomats, had shared the conditions necessary for Aquino to attend the China-Asean Expo – an annual event which this year celebrates the Philippines as a “country of honor,” AP reported. The Philippines will instead send a delegation to the trade show, headed by the country’s trade secretary. “The president stood firm in the defense of the country’s national interest,” said Hernandez.
Edit : Edit
Comments : Leave a Comment »
Categories : Uncategorized
Shahid Kapoor gets mobbed by his college fans at Phata Poster Nikhla Hero
4092013
Shahid Kapoor gets mobbed by his college fans while promoting Phata Poster Nikhla Hero
Shahid Kapoor who is going all out to promote his upcoming comedy,Rajkumar Santoshi’s Phata Poster Nikhla Hero produced by Ramesh Taurani was recently mobbed by the students of Poddar college in the suburbs.
The actor who went to meet his junior fans , was in for a surprise as he got mobbed just as he entered the premise gates.
Young college students requested Shahid Kapoor to perform for them ,as he danced to an impromptu song from the film Phata Poster Nikhla Hero,much to everyone’s delight.
Says a source, “It was complete pandemonium as Shahid entered the gates,young fans climbed walls and fell on his car just to catch a glimpse of the star.He obliged them by dancing to a song from the film – He was overwhelmed with the response and didn’t expect this kind of reception”.
Starring Shahid Kapoor and Ileana D’Cruz , Ramesh Taurani’s Phata PosterNikla Hero directed by Rajkumar Santoshi is scheduled to release 20th September 201
Edit : Edit
Comments : Leave a Comment »
Categories : Uncategorized
Buddhism & Indian Philosophy by Prof. Samdhong Rinpoche
4092013
LECTURE
|
Having trouble viewing this email? Click here
10th ( Tue) September, 2013, 6:30 pm
Seminar Hall 1. 2 & 3, Kamla Devi Block India International Centre Max Mueller Road, New Delhi
All ARE WELCOME
Buddhism & Indian Philosophy
by Prof. Samdhong Rinpoche
An eminent and distinguished scholar, teacher, philosopher, leader and a lifelong campaigner for Gandhian principles, especially that of nonviolence.
Prof. Samdhong Rinpoche was born as Lobsang Tenzin in 1939 in the Tibetan province of Kham. At age five, he was recognized and enthroned as the reincarnation of the fourth Samdhong Rinpoche. (The Tibetan term “Rinpoche” in an honorific title literally meaning “precious one,” and is used for revered teachers and lamas.) He began his monastic studies at age 12 and eventually obtained a Doctorate in Buddhist sciences at the University of Drepung in Tibet in 1970. In 1959, Rinpoche fled to India to escape the repressive Chinese government in Tibet. There, he was commissioned by His Holiness the Dalai Lama to serve as a teacher to monks in exile. He was appointed director of the Central Institute for Higher Tibetan Studies in Varanasi in 1988 and remained there until 2001. On July 29, 2001, Rinpoche was named Kalon Tripa, or Prime Minister of the Tibetan Exile Government, the first political leader to be directly elected by the people in exile. Prof. Samdong Lobsang Tenzin Rinpoche has been appointed Chancellor of Sanchi Buddhist and Indic Studies University. The appointment has been made by the general council of Sanchi Buddhist and Indic Studies University.
The lecture is part of the monthly series on
MAJOR SCHOOLS OF INDIAN PHILOSOPHY Their impact on India’s Civilizational Heritage and Contemporary Relevance organized and in collaboration with the India International Centre
The talk series will explore some of the important philosophical traditions and the impact they have had on the Indian Mind. We hope to help cultivate a deeper understanding of India’s civilizational heritage in a manner that is accessible to a lay person. To start with we plan to look at Sāmkhya, Yoga, Nyāya, Vaiśeşika, Pūrva, Mīmāmsa and Uttara Mīmāmsa that advanced Vedic ideas & philosophies. In time we hope to look at the philosophies of The Mahābhārata, Śankara/Rāmānuja, Buddhism/Jainism, Ramakriṣhṇa/Vivekānanda and the four yogas (Karma, Bhakti, Raja, Hatha) etc.
|
Edit : Edit
Comments : Leave a Comment »
Categories : Uncategorized
Sardar Sarovar Rehabilitation in Maharashtra: Adivasi Rights
4092013
Peaceful protest by 1200 adivasis: Police excesses condemnable
10 hrs dialogue with Collector, CEO and officials continues on 2nd day
Ensure Rehab before submergence: Else Review Project; Empty Reservoir Waters
Oustees challenge paper disaster management⺠Fraud in NREGS, PDS exposed
3rd September, 2013: More than 1,200 adivasis from the 33 hilly adivasi villages on the Narmada river bank, affected by the Sardar Sarovar Project (SSP) and 73 forest villages in the Satpuda ranges of Nandurbar District of Maharashtra, marched into the CollectorⳠoffice yesterday and demanded a conclusive answer to various serious issues such as compensation for illegal submergence caused due to the release of waters from the upstream dams in the SSP reservoir, land-based rehabilitation of more than 1,500 adivasi families in the 33 villages, rights of adivasis in the 73 forest villages, inquiry into and action against corruption in NREGA, PDS; ensure community forest rights, review of small and medium dams on tributaries of Narmada, lack of civic amenities at the resettlement sites, role and rights of Gram Sabhas, food grains at BPL prices for the children of Jeevanshalas etc.
As the andolankaris, a large majority of them adivasi women from various villages in the Shahada, Akkalkuwa, Taloda and Dhadgaon tehsils, walked into the gates of the CollectorⳒ office at Nandurbar, an all-male armed police force stopped and severely assaulted many of oustees, who were pushed to the ground, but stood up and faced the police force with peaceful resistance.ࠗe strongly condemn the action of the police in dealing with the poor adivasi oustees, at the instance of the officials and demand legal action. Ultimately the officials had to concede and the police had to withdraw. The protest continued with spirited songs, slogannering and demands for justice, compensation, rehabilitation, action against corruption and all civic rights. Later in the evening, a large delegation of 40 adivasis, representing various villages, along with Medha Patkar and other activists held a 6 hours long dialogue with a battery of district officials including Mr. Om Prakash Bakoria District Collector, Chief Executive Officer, District Panchayat, Nandurbar Addl. Collector (SSP), Regional Officer, Resident Addl. Collector, Addl. Collector (Revenue) etc.
The Satyagraha continued within the Collectorate on the 2nd day as well, since the oustees wanted concrete decisions and written commitments. Senior activists and supporters visited the dharna site and extended their solidarity to the peaceful and valiant struggle of the adivasis in the Narmada valley, which is to shortly complete three full decades. Detailed discussions continued from 11 a.m. upto 4 p.m. in the afternoon. Some of the main issues and demands put forth were:༯span>
- Finalize the exact number of oustees living in the 33 original villages, whose land-rehabilitation is pending.
- Sardar Sarovar should not be pushed ahead at any cost, until complete cultivable, irrigable and suitable land-based rehabilitation of all the oustees, with house plots, all civic amenities at the resettlement sites as per the Narmada Water Disputes Tribunal Award (NWDTA) and Judgements of the Supreme Court is guaranteed.
- Immediate Panchanamas and payment of compensation for all the crop and house losses due to illegal submergence.
- District administration must concretely take ahead the process of recognizing community forest rights and convert all the 73 forest villages into revenue villages by the end of September, 2013, in compliance with the directive of the Secretary, State Forest Department to the District Collector.
- Prompt inquiry into corruption and irregularities in NREGA, PDS and other schemes and strict legal action against the responsible officials / persons. More than 2 crores corruption in 8 villages of Dhadgaon has been unearthed, with wages paid to deceased and non-existent persons etc !
- Halt to and review of the series of medium dams on the tributaries of Narmada and provide all documents, project proposal, maps, clearances, in the local languages to the Gram Sabhas and decide on the local water use and management with consent of the Gram Sabha.
Edit : Edit
Comments : Leave a Comment »
Categories : Uncategorized
Magnum Opus ‘Buddha’ to air on Zee TV
4092013
Grand Historical Magnum Opus ‘Buddha’
to air on Zee TV from 8th September
to air on Zee TV from 8th September
Billionaire BK Modi produces Buddha with Zee TV
A Side of Prince Siddharth’s Life
One knows Little About …
One knows Little About …
“Believing in Yourself is Not a Religion … It’s a Way of Life!” If a man who walked the earth in the year 500 BCE had the vision to say something that remains so relevant in the year 2013, it is no wonder, then, that he is counted amongst the most important personalities to have been born in the recorded history of India – Buddha!
We have all read about Buddha at one point or the other. Yet, so much remains to be explored about this powerful, magnetic thought leader who woke up to the ‘Ultimate Truth’ under the Bodhi Tree. For instance, did you know that it was Prince Siddharth who pioneered elephant warfare in his time? Do any of us even know what he was like, as a child? What were the influences that shaped his thinking as a youth? We know the leader and his school of thought, but little do we know about the beautiful person within.
Presenting Siddhartha’s illustrious journey of being born in the lap of luxury as a prince to his growing years to denouncing his throne and living the life of an ascetic to attaining ‘The Awakening’ is Zee TV’s next historical magnum opus ‘Buddha’ produced by Spice Studios.
Starting 8th September, Sunday mornings will never be the same again as ‘Buddha’ will air at 11 AM on Zee TV. Told in 52 gripping episodes, this series will be an entertaining action drama that showcases the unexplored life of Buddha as Siddharth. The show has an international appeal with its grand scale, opulent sets at the Film City spread over a sprawling 5 acre plot, an impressive cast with renowned names like Kabir Bedi, Samir Dharmadhikari, Nigaar Khan, state-of-the-art 3D graphics used to re-create the look and feel of a bygone era, well-researched costumes bought out of Jodhpur and Jaipur and customized jewellery sourced from Patna that bring alive the majestic lifestyles of the royal family of Kapilavastu.
Mr. Subhash Chandra, Chairman of ZEEL and Essel Group said, “ZEE (Zee Entertainment Enterprises Ltd) is delighted to partner with Dr B. K. Modi (Spice Studios) to present a new series which is a never-before-seen biopic on television on the life of ‘Buddha’. We have been working with many researchers and experts on the subject. Buddha is shown as one who has great compassion, is completely impartial, and embraces all living beings without discrimination. In today’s fast paced lives, where so much conflict exists in society, Buddha’s teachings are perfectly suited to the challenges man is currently facing. Beyond doubt, each and every faith globally believes that Buddha’s philosophy helps you find your own path to awakening … that Buddha is a spiritual guide who gives everyone the opportunity to enter the path of liberation and enlightenment. Our worldwide network of channels will offer an instant connect to millions of people as the philosophy of Buddha is universal.”
Dr B. K. Modi, Founder & Chairman, Spice group and Producer of “Buddha” said, “Today, youth of the world needs to be empowered and be very confident, fearless and believe in themselves. They are the future of the country and should rise above all the barriers of religions and traditions. And nurture in them qualities of compassion, equality & to create a violence free world”.
Amongst the cast, veteran actor Kabir Bedi will be seen making a comeback to acting after a long hiatus. Kabir has an important role to play in this epic drama. “I am playing a sage who foresees the coming of the Buddha.” says Kabir. Very few people know that the actor has a karmic connection with Buddhism. His mother has spent 15 years as a Buddhist nun in Tibet. Kabir himself has lived a life of a monk for a year in Burma. He feels a deep connection with the role and gave an instant nod when approached for it.
The handsome Samir Dharmadhikari, most remembered for his portrayal of King Gagadhar Rao, the husband of ‘Jhansi Ki Rani’, will play the righteous King Suddhodana, father of Prince Siddhartha. Nigaar Khan will dazzle as always in the negative role of Mangala, the vicious and cunning aunt of Prince Siddhartha. Actors Deepika Upadhyay, Gungun Uprari and Siddhartha Vasudev will play the roles of Queen Mahamaya, Queen Prajapati and Dronadhan respectively.
It is interesting to note that ‘Buddha’ was initially supposed to be made into a film. Spice Studios had begun work on a film based on the same subject with filmmakers Shekhar Kapur and Ashutosh Gowariker helming the research and script development. However, Dr. Modi explains his choice of medium saying, “The scope of television today is larger than films and we wanted Buddha’s story to unfold in all its splendour and reach out to the largest denominator of people possible. Only TV can give us that reach … especially ZEE, with its international reach spanning over 169 countries!”
Starting 8th September, discover new aspects about Prince Siddharth’s journey to enlightenment as the historical drama ‘Buddha’ airs at 11 AM every Sunday, only on Zee TV!
Edit : Edit
Comments : Leave a Comment »
Categories : Business, Entertainment, TV Serial, world News
HUNGARIAN LANGUAGE COURSE
4092013
Dear Friends,
At the onset I would like to welcome you all to the new season of the Hungarian Information and Cultural Centre.
In September, we’ll bring the magic of Hungary’s treasures with an exhibition showcasing a collection of living folk art materials.
This month The Neemrana Music Foundation presents the ORFEO Opera by Monteverdi with a talented young Hungarian lead singer Dávid Szigetvári (tenor), who won the First Prize of the Johann Sebastian Bach
International Competition Leipzig 2012.
For our members in Gurgaon, we will have film screenings at the Epicentre, so don’t miss out some of the latest Hungarian films.
We also commence the Hungarian Language Course with an orientation class at the end of September. So those who are interested in learning the language you can do so FREE of charge.
Please keep yourself updated about the events for our upcoming issues of the e-newsletter bysubscribing to it. You may send your details and email id to hicc.delhi@gmail.com. Please visit our website at delhi.balassiintezet.hu for more information.
So don’t miss our extravagant events for the coming months!
Tibor Kovács
Director and Cultural Counsellor |
CALENDAR OF EVENTS
Details of our upcoming events can be seen below by clicking on the date in the table.
| Dates | Type of programme | Venue | Topic of the event |
| September 2–4 | Film Session | Chennai | HUNGARIAN FILM SESSION with 6 films |
| September 5–22 Opening: Sept 5 Thurs, 6:00 pm | Exhibition | HICC | LIVING HUNGARIAN FOLK ART Exhibition |
| September 10 Tues, 7:30 pm | Film Screening | Epicentre | “DOWN BY LOVE” Hungarian feature film |
| September 12, Thurs, 6:00 pm | Fábri Film Club | HICC | “THORN CASTLE” Hungarian feature film |
| September 17 Tues, 7:30 pm | Film Screening | Epicentre | “CONTROL” Hungarian feature film |
| September 24– October 1 Opening: Sept 24 Tues, 6:00 pm | Exhibition | HICC | “EXPRESSIONS OF.” Group exhibition of 4 Indian artists |
| September 24, Tues, 7:30 pm | Film Screening | Epicentre | “FRESH AIR” Hungarian feature film |
| September 25,26,27 7:00 pm | Opera | Kamani Auditorium | “ORFEO, CROSSING THE GANGES” by Monteverdi, with a Hungarian lead singer |
| September 30, Mon, 6:00 pm | Language Course | HICC | ORIENTATION AND TEST for the beginners for the Hungarian language course |
| Balassi Institute Hungarian Information & Cultural Centre New DelhiProgrammes for the month of September 2013 |
| ||||||||||||||||
Edit : Edit
Comments : Leave a Comment »
Categories : culture, Education, Finnance, Funds, Tourism, world News
Large ECBs for Import of Capital Goods in July 2013
4092013
Indian firms have raised US$3.71 bn through external commercial borrowings (ECBs) in the month of July 2013 and US$1.95 bn during June 2013 by automatic and approval route. The borrowings stood at US$3.71 bn in July 2013 as compared to US$ 1.07 bn in July 2012.
External commercial borrowings (ECBs) since April 2011 (US$bn)
Source: PHD Research Bureau, compiled from RBI
Note: ECB contains both automatic and approval routes
India has received gross ECBs worth around US$231 bn between FY2001 and FY2014 (till July 2013).
Gross ECB Inflows (US$bn)
Source: PHD Research Bureau, compiled from RBI
* Data pertains till July 2013
Note: ECB contains both automatic and approval routes
A closer look at the ECBs pattern reveals that the lion’s share in ECB during the month of July 2013 is held by import of capital goods contributing to about 62% of the total, followed by rupee expenditure Loc.CG at around 16% and overseas acquisition at around 6%.
Pattern showing ECBs during July 2013 (% share in total)
Source: PHD Research Bureau, compiled from RBI
Note: ECB contains automatic& approval route both
Warm regards,
Dr. S P Sharma
Chief Economist
Edit : Edit
Comments : Leave a Comment »
Categories : Business, Funds, world News
3092013
July core infra grows at 3.1%
The core infrastructure grows to 3.1% (Y-O-Y) in July 2013 as compared to 0.1% (Y-O-Y) in June 2013. The combined index of Eight Core Industries stands at 156.4 in July, 2013 with a growth rate of 3.1% as compared to 4.5% in July, 2012. The decline in the growth rate in July, 2013 was mainlyon account of negative growth witnessed in the production of crude oil and natural gas.
Sector wise trend in monthly production (% growth)
Sector
|
Weight in IIP
|
July’13
|
June’13
|
Crude Oil
|
5.22
|
(-)2.3
|
(-)0.6
|
Natural Gas
|
1.71
|
(-)16.1
|
(-)16.7
|
Petroleum Refinery Products
|
5.94
|
5.1
|
2.3
|
Coal
|
4.38
|
1.2
|
(-)3.0
|
Fertilizer
|
1.25
|
0.4
|
11.3
|
Electricity
|
10.32
|
5.2
|
(-)1.2
|
Cement
|
2.41
|
0.8
|
2.3
|
Steel
|
6.68
|
7.0
|
3.4
|
Overall
|
37.90
|
3.1
|
0.1
|
Source: PHD Research Bureau, compiled from the office of the economic advisor to the Govt. of India
In cumulative terms core infrastructure industries registered a growth of 1.9% during Apr-July 2013-14 as against 6.3% during the corresponding period of previous year.
Sector wise trend in production (% growth)
Sector
|
Weight
|
Apr-July 2013-14
|
Apr-July 2012-2013
|
Crude Oil
|
5.22
|
(-)1.6
|
(-)0.6
|
Natural Gas
|
1.71
|
(-)17.2
|
(-)11.7
|
Petroleum Refinery Products
|
5.94
|
4.7
|
24.1
|
Coal
|
4.38
|
(-)0.5
|
6.5
|
Fertilizer
|
1.25
|
1.9
|
(-)9.5
|
Electricity
|
10.32
|
3.4
|
5.7
|
Cement
|
2.41
|
2.7
|
10.1
|
Steel
|
6.68
|
4.1
|
2.8
|
Overall
|
37.90
|
1.9
|
6.3
|
Source: PHD Research Bureau, compiled from the office of the economic advisor to the Govt. of India
Electricity generation grew by 3.4% during Apr–July 2013-14 as against 5.7% growth during Apr–July 2012-13, while steel production grew by 4.1% during Apr–July 2013-14 as against 2.8% during Apr-July 2012-13. The production in crude oil grew by (-)1.6% during Apr–July 2013-14 as compared to its growth at (-)0.6% during Apr–July 2012-13, whereas petroleum refinery production registered a growth of 4.7% during Apr–July 2013-14 as compared to 24.1% growth during Apr–July 2012-13. Fertilizer production grew by 1.9% during Apr–July 2013-14 compared to its growth at (-) 9.5% during Apr–July 2012-13 and cement production grew by 2.7% during Apr–July 2013-14 compared to its growth at 10.1% during Apr–July 2012-13.
Trend in growth of steel, cement, electricity, coal and overall (%)
Source: PHD Research Bureau, compiled from the office of the economic advisor to the Govt. of India
Warm regards,
Dr. S P Sharma
Chief Economist
Comments
Post a Comment