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FDI equity inflows for FY2015

The total FDI equity inflows for FY2015 are estimated at around US$30.9bn as against about US$24.2bn in FY2014 with a growth of 27% over the last year.
Financial Year 2014-2015 (April – February)Amount of FDI inflows
(In Rs. Crore)(In US$ mn)
1Apr-1410,2901,705
2May-1421,3733,604
3Jun-1411,5081,927
4Jul-1421,0223,500
5Aug-147,7831,278
6Sep-1416,2972,678
7  Oct-1416,2882,655
8  Nov-149,4861,537
9  Dec-1413,5622,161
10  Jan-1527,8804,481
11  Feb-1520,3973288
12  Mar-15132212117
 2014-15 (from April, 2014 to March 2015)189,10730,931
 2013-14 (from April, 2013 to March 2014)147,51824,299
 %age growth over last year(+) 28%(+) 27%
                                      Source: PHD Research Bureau compiled from Department of Industrial Policy & Promotion.
Mauritius tops the chart as an investing country, with the top investing sectors including the services sector (includes financial, banking, insurance, non-financial / business, outsourcing, R&D, courier, tech. testing and analysis). Also, Mumbai and New Delhi are observed to be the cities attracting the highest FDI equity inflows.
Service sector and construction development constitute the highest share in attracting FDI equity inflows during April 2000-March 2015 of around 17% and 10% respectively. Telecommunications (radio paging, cellular mobile, basic telephone services) has been able to attract about 7% of FDI equity inflows during the same period. Computer software and hardware constitutes 6% share while Drugs and pharmaceuticals and Automobile Industry constitute 5% share in total FDI equity inflows. Chemicals (other than fertilizers), and Power constitute a share of about 4% in FDI equity inflows. Lastly, metallurgical industries and trading sector constitutes a share of about 3%  during the period.
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How to Answer Interview Questions About Termination
By Alison Doyle, Job Searching Expert
If you have been fired or otherwise terminated from employment, one of the toughest interview questions to answer is why you were terminated.
It can be a challenge to come up with good answers to questions regarding termination from a prior job. You don’t want to jeopardize your chances of getting a new position because of how you answered questions about how your last job ended.
That said, because employers check references and your previous employer may disclose the reason you were terminated it’s important to be honest.
If possible, talk to your previous employer so you’re sure that the reason you give and the reason the company gives match up.
Options for Answering Questions About Termination
The best approach to answer questions about why you were terminated is to answer the inquiry directly and briefly so you can move on to other topics.
Another option is to bring up the issue before you’re asked about it. Mentioning that you were terminated prior to being asked can be a way to explain on your terms and move on to the rest of the interview.
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Film screenings at the Italian Cultural Centre,

Dear Members/Friends,
Following many requests from our members and friends to continue screenings at the Italian Cultural Centre, we have decided to hold the Special Summer Film Screening on Saturdays twice a month in June and July. We appreciate your love for Italian Films and value your feedback.
Thanks & Regards,
Italian Cultural Centre
SPECIAL SUMMER FILM SCREENING
At Italian Embassy Cultural Centre/New Delhi
ON SATURDAY, 13th JUNE 2015 AT 7 P.M.
Cinema at the Institute: Contemporaneo Italiano
The Film:               CI VORREBBE UN MIRACOLO (It’s Gonna Take A Miracle)
Director:                Davide Minnella
Genre:                    Comedy
Duration:               74 mins
Year of production: 2014
Starring:                     Elena Di Cioccio, Gianluca Sportelli, Alberto Basaluzzo
In Italian, with subtitles in English

Synopsis:
Elena returns to Puglia to attend her uncle’s funeral. It is then that she meets her cousin Gianluca, who slowly but steadily makes her a part of a strange project. Who is poisoning our fish and our waters? Elena nearly manages to reach the bottom of the story, until when a supernatural and miraculous advent negates her entire vision and ideology and upsets all odds. The sea is deprived of fish and is filled with icons of Padre Pio.
Between the depths of a story of miracles and the abysses, Gianluca and Elena go fishing for the truth about the evils infesting the Mediterranean Sea. A half-serious inquiry on pollution and superstition. Will it always be funny?
♣♣♣♣♣♣♣♣♣♣♣♣♣
Elena torna in Puglia per partecipare a un funerale di un vecchio zio. E’ così che ritrova suo cugino Gianluca che poco a poco l’avviluppa in un progetto balzano. Chi sta avvelenando il nostro pesce e i nostri mari? Elena si fa tirare a fondo nella storia, fino a quando un avvento totalmente soprannaturale e miracoloso sconvolge ogni prevision. Il mare si è svuotato di pesci e si è riempito di icone di Padre Pio.
Tra le profondità di una storia di miracoli e gli abissi marini, Gianluca ed Elena vanno a pesca della verità sui mali che infestano il mediterraneo. Un’inchiesta semiseria tra inquinamento e superstizione. Sarà tutta da ridere?

SPECIAL SUMMER FILM SCREENING
At Italian Embassy Cultural Centre/New Delhi
ON SATURDAY, 27th JUNE 2015 AT 7 P.M.
Cinema at the Institute: Contemporaneo Italiano
The Film:               SOGNI DI GLORIA (Daydreaming)
Director:                Patrizio Gioffredi (Collettivo John Snellinberg)
Genre:                    Comedy
Duration:               94 mins
Year of production: 2013
Starring:                    Gabriele Pini, Xiuhong Zhang, Carlo Monni, Giorgio Colangeli, Alessandro Guariento, Miriam Bardini, Marcella Ermini, Riccardo Goretti, Luke Tahiti, Nicolò Belliti,
                              Luca Spanò, Luca Zacchini, Francesca Sarteanesi, Alice Ye, He Xiao Shuang, Zhao Jueying
In Italian, with subtitles in English

Synopsis:

The movie is made up of two episodes.
Giulio, a thirty-year old worker on redundancy payment, is tired and embittered and his anarchic colleague convinces him to get unbaptized. Giulio’s religious family is outrage when they find out this disgraceful decision.
Giulio, a Chinese student who lives in Italy, makes friends with Maurino, an older card player who lives in Prato. He teaches Giulio the pleasure to play cards, and he teaches some things about life, too. It is the beginning of an unexpected journey.
♣♣♣♣♣♣♣♣♣♣♣♣♣
Il film è composto da due episodi.
Giulio, un trentenne cassaintegrato, è stanco, amareggiato e viene convinto a sbattezzarsi da un collega anarchico. Lo scandalo serpeggia quando i familiari di Giulio, religiosissimi, vengono a conoscenza delle sue intenzioni.
Giulio, studente cinese che vive in Italia, fa amicizia con Maurino, un vecchio giocatore di carte pratese, che lo instrada al piacere del gioco e gli insegna qualcosa sulla vita. È l’inizio di un percorso inaspettato.

Venue: Tessitori Hall, Italian Cultural Institute, New Delhi
Entry Free: For security reasons please show your valid Photo Identity Card.
Regards,
Italian Embassy Cultural Centre
50- E, Chandragupta Marg (Entry from Nyaya Marg)
Chanakyapuri, New Delhi – 110 021
Phone: 0091-11-26871901/03/04
Email: iicnewdelhi@esteri.it
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cid:image004.png@01D097C3.FF9E84A0

AMISH’S NEW BOOK SCION OF IKSHVAKU

CORDIALLY INVITES YOU FOR
A CHAPTER LAUNCH from AMISH’S NEW BOOK
SCION OF IKSHVAKU
EXCLUSIVELY ON THE KINDLE PLATFORM
&
Enjoy the READING of the chapter
WITH
AMISH & GUL PANAG
TIME: 11:30am to 1:00pm
DATE: THURSDAY, JUNE 4, 2015
VENUE: THE THEATRE, INDIA HABITAT CENTRE, NEW DELHI (Entry from gate no 3)
Watch the live streaming of the event on Amazon’s youtube channel
RSVP:
SARASWATHI MOHAN
+919899038451
SM@webershandwick.com
DIVIJ KRISHNA
+91 9654776017
DKrishna@webershandwick.com
To be followed by Lunch
Issue 79
Dear Mr Naresh Sagar,Orange
Welcome to the May Edition of the UK Science and Innovation Network in India’s Newsletter.
Top Story
Catalysing collaboration between UK and Indian space sectors                                                     On 10 March Bangalore played host to a RiffStream# event focusing on developing commercial opportunities between UK and India players in the space sector. It was my first experience of using RiffStream# methodology where the event is designed to be high-energy and interactive ‘experiences’. Having joined the SIN team in India in March this workshop gave me a fantastic insight into a really exciting sector. Working closely with the UK … Read more »
This is how my boss announced my recent official visit to my team members! Not surprisingly I got some envious looks…all in good fun of course as prompt came the reply that some were off to Kerala the week after – again on business of course! But I’m sure you’ll hear about that separately. I was in Goa last month with delegates visiting from the South Georgia Future Science Project … Read more »
Funding Opportunities  fund
Want to keep up to date with all the opportunities funded through the UK’s Newton Fund? Follow this page on gov.uk
For a full list of funding opportunities, please check out our monthlysummary

Upcoming events events
 
S&IN is involved in the 5th International Conference on Additive Manufacturing Technologies is scheduled during 24-25th September 2015 at Nimhans Convention Centre, Bangalore, India.
Professor David Wimpenny (Chief Technologist at Manufacturing Technology Centre, London) is one of the key note speakers at this event which aims to bring together global industry professionals and researchers to share the knowledge and experience to enhance in this technology to achieve quality and productivity in design & development and manufacturing.
For a full list of upcoming events, please visit here.
S&IN India Spotlight
Like always, the last three months at UK SIN has been quite hectic. In January, I visited the ISIS pulsed Neutron and Muon Source in Harwell, Oxfordshire, a world-leading centre for research in the Physical and Life Sciences, owned by the UK Science and Technology Facilities Council. I was also there to witness the signing up of a letter of intent between ISIS and the Indian Nano Mission for collaboration … Read more »
Reports
Each month, we want to help you understand research and innovation in the UK and India better. Where could you visit, what has happened, what’s been published?
Visits and profiles
Planning a visit to India soon? Check out our top tips for a successful trip. Or check out our map of Indian Science & Innovation to plan your itinerary. We’ve also produced a map of the UK if you’re heading in the other direction!
Recent Events
On 12-13 May 2015, the Royal Academy of Engineering (RAEng), in partnership with the Science and Innovation Network (SIN) and Federation of Indian Chambers of Commerce and Industry (FICCI) organised a workshop in New Delhi on ‘industry academia engagement’. The aim of the workshop was to discuss the current challenges of technological development in India, share the UK experience and help inform this programme’s design and implementation. Read more »
Recent S&IN Publications
News from the web news
SIN India Team News
 After almost 4 years in the role, it is time for Head of SIN India Mark Sinclair to move on. “Working and living in India these past four years has been an amazing experience. My family and I will take back very many happy memories from our time here. It has been a pleasure and an honour to work with excellent colleagues and contacts across India, all passionate about science and innovation. There are many things we can all be proud of, including the successful launch of the Newton-Bhabha programme but there is lots more to do!   I leave you in the very capable hands of the SIN India team and am sure you will make my successor Sarah Mooney feel welcome when she arrives in July. Thank you to you all for your continued interest in our work.”
Thanks for reading! Best wishes.
Were you forwarded this email? Subscribe now to get next month’s edition direct!
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In the meantime, stay connected…
Like us on Facebook   Follow us on Twitter  View our profile on LinkedIn  View our photos on flickr  View our videos on YouTube  Visit our blog
For press related queries, please contact : Sakthy Edamaruku , Press and Communications, New Delhi, T: +91 24192473
Mr Sagar
I share with you that a creative start-up, Pechkas Pictures, has launched a web series “Baked” on Scoopwhoop talkies. The first three episodes of “Baked” Series, co-created by 22-year old Akash Mehta, and his college friend Vishvajoy Mukherjee, 26, can be viewed http://www.scoopwhoop.com.
The “Baked” series has the makings of a runaway success in the world of online videos having recorded over half a million views and each visitor spending over 20 minutes watching “Baked”. This is unique for a production by absolute novices

The venture also points to the trend of young Indians trying out non-traditional careers and following their passion.
Akash and Vishvajoy, both in their early 20s with no formal training in film making, writing, direction and other aspects of production, have co-created this from scratch figuring it out as they embarked on this journey a year ago.
The “Baked” series has the makings of a runaway success in the world of online videos–having recorded over half a million views–with an average 20 minutes of viewing per viewer.
Take a look at “Baked” at your leisure. Given below are more details for your conisderation for possible use.
Cordially
Sanjiv Kataria
Strategic Communications and PR Counsel
+91 9810048095

More about Akash Mehta and Vishvajoy Mukherjee and their maiden production
The co-creators of “Baked” this project are Akash Mehta, 22, a Delhi University graduate and his college friend Vishvajoy Mukherjee, 26. Vishvajoy has worked in a film-production company and as a journalist.
The two joined hands in 2014 to set up Pechkas Pictures. The project was privately funded and shot in Oct-Nov 2014. For this Akash and Vishvajoy got the best talent that theatre and comedy in the country has to offer and pooled their creative energies to put together this show.
Vishvajoy and Akash thought of Pechkas Pictures to express their creativity and to present it to global audience. The Internet gave them both the freedom and made the task simple.
The idea was to stay true to the concept and to their style of expression. The duo was confident that the audiences will not only accept “Baked” but will appreciate it as well.
Though this is Pechkas Pictures’ first venture, it was extremely professionally run. Lack of resources and experience was compensated for by hard work and commitment by the entire team. Since the production unit was small each member assumed multiple responsibilities and executed them to the best of their abilities. The team wasn’t entirely made up of amateurs. All technical aspects including the direction, cinematography, sound, editing were handled by professional talent from all over the country. The actors have trained at some of the best drama schools of the world.
After having made the show, Akash and Visvajoy approached ScoopWhoop (content curator web-company) to help make this available to the masses. ScoopWhoop liked the show and offered to join hands on the project by pitching in as a co-producer of the show, thus resulting in the Pechkas Pictures and ScoopWhoop association for Baked.
Right now the first season of baked is airing on YouTube. The first three episodes are out and response has been phenomenal. Akash and Vishvajoy are humbled to see so many people appreciated their work.
By end May 2015, “Baked” had over 5 lakh views on the videos and numbers are growing at an increasing rate.
Central Idea of “Baked”
Instead of taking the more conventional route of going to a TV channel Akash and Vishvajoy, with their first web series Baked, saw limitless potential of finding audiences online. Their ambition was to bring the finesse and production quality of a well-made TV series to an online platform like YouTube.
Fun-in-college Or Making fun of wannbee entrepreneurs?
The seven episode web-series follows the misadventures of three odd-ball University students who decide to start a midnight food delivery service. Each 22-minute episode follows the trio getting themselves in and out of trouble as they navigate through the unfamiliar world of business. At its heart Baked is a buddy comedy series set in college… Akash and Vishvajoy wanted to expand the scope of their world by also making them casual or accidental entrepreneurs. In that way, each episode is divided into two parts – The day, when they’re in college– annoying teachers, bullies, crushes, and so on. Then there is the night – when they’re out on the desolate streets of Delhi meeting very strange and often dubious characters.
The Big Goal Ahead?
Once filming and post-production of the 7 episodes was completed in January 2015, Pechkas Pictures team started to think seriously about how to get millions of views on Baked with absolutely no inbuilt following. There’s just so much content being uploaded every day and the college friends wanted to ensure that Baked didn’t get lost in the clutter. This is where ScoopWhoop, one of the most popular online content curators in India, come in. They have put their weight behind Baked.
The Cast
Most of the cast in the series, 40 of them, is part of the Delhi theatre circuit. Since there were so many different characters the team often requested friends and family to take on acting role in ‘Baked’.
The principal cast of Haris, Oni, Body, and Tara are being played by Pranay Manchanda, Shantanu Anam, Manik Papneja, and Kriti Vij– really talented bunch of people to work with and certainly some of the finest actors in the English theatre circuit in Delhi. Though, for most of the actors working on “Baked” for most it was acting for the camera for the first time. This made the experience even more exciting for the team.
The results so far:: Spreading the word
In just over a week of uploading, “Baked” has had over 500,000 views, and that number is climbing continuously. The viewing points to the instant liking for online entertainment in India. Pechkas founders want to be right in the thick of things when it finally matures. With each new production that they want to push boundaries of what people expect when it comes to web content.

The Challenges of Leadership

The India Leadership Initiative, The Shri Ram Ananta Aspen Leadership School, Ideas India, The CEO Series, The Ananta Aspen Seminar and the Avantha International Fellowship.
I am writing to share with you the details of our next Ananta Aspen Seminar: The Challenges of Leadership scheduled for 30th June to 4th July in Kovalam.
This seminar is unique – an Aspen style readings based dialogue which challenges leaders to look within themselves and think more critically about their leadership roles and the legacy they leave behind. The moderators are trained in Aspen USA and are also Fellows of the Ananta Aspen India Leadership Initiative. More details are available herehttp://anantacentre.in/pdf/seminar-brochure.pdf
The seminar has tremendous transformative power in cultivating the understanding of others’ values, as well as one’s own. It is designed to enable its participants to become better leaders by understanding the goals that motivate us and how our values both coincide and conflict with those of others. This is an exceptional seminar for middle to senior management and especially for those who have been earmarked for bigger roles in the future.
Suggested participants include senior leaders from all walks of life who are looking for a challenging professional development program; successful leaders who want to clarify their core values; visionary leaders who are looking to understand better the tensions inherent in conceptions of the good life and concerned leaders who wish to be challenged to think more deeply and act more justly.
I am writing to request you to share this information with deserving people whom you feel could take advantage of this unique opportunity.
The nomination form is at http://anantacentre.in/pdf/nomination-form.pdf for your convenience.
Nehru Memorial Museum and Library
cordially invites you to the
Panel Discussion

Paryavaran aur Hamara Bhavishya’

Mr. Rajiv Bhartari, I.F.S.
Chief Conservator of Forest, Dehradun
Dr. Rajendra Prasad Mishra
Wildlife Trust of India, Raipur

Date : Friday, 5 June 2015
Time: 3:00 p.m.
Seminar Room, First Floor, Library Building
Nehru Memorial Museum and Library
 Teen Murti House, New Delhi.
Dear Mr. Sagar
Please click the link below to see my latest op-ed in Times of India of Wednesday, 3rd June titled ‘Barking Up The Wrong Tree’ that argues that today’s economic debate is misguided, it’s job growth not GDP growth that matters.http://pahleindia.org/display.php
Your feedback will be appreciated.
Best/Warm regardsRajiv Kumar 

Barking up the wrong tree: Today’s economic debate is misguided, it’s job growth not GDP growth that matters

Economics is indeed a strange discipline. Sample this. “A larger fall in imports than in exports contributed substantially to growth in GDP in the fourth quarter of the financial year.” So a fall in both exports and imports contributes to growth as long as net exports are positive!
Baffling it may be, but most economists like myself have accepted this quasi-mystical statement — without blinking an eyelid — as part explanation for GDP growth at a healthy 7.5% during January to March 2015.
Today public and policy attention is being hijacked by numbers spewed out by a statistical establishment that is fast losing its credibility on account of too many revisions of and internal inconsistencies in data. Surely the more important and simpler question is how this growth, at whatever rate, affects employment generation.
I am distressed to report that question is simply lost in ongoing debates on GDP numbers. Employment, unfortunately, still does not seem to figure as a priority for our policy makers. This lack of attention to employment in a country that boasts of the youngest population in the world is simply incomprehensible.
Extensive commentary on the latest GDP growth numbers has been unable to clear prevailing confusion on whether the economy is in its recovery phase or not. Combined with the fact that growth momentum was visibly weaker in the second half of 2014-15 compared to the first six months, it can be reasonably argued that overall economic weakness is persisting — prompting RBI to revise its growth target for 2015-16 downward from 7.8% to 7.6% in the second bimonthly policy statement issued yesterday.
Thus, the economy needs a strong stimulus to be given by a combined dose of fiscal expansion and monetary easing. Thankfully, latest data show that as much as 9.1% of total annual expenditure has been spent in a single month of April 2015.
This demonstrates a welcome resolve to hike public capital expenditure, reflecting an improvement in governance across the board but specially in ministries such as surface transport which accounted for a major chunk of the expenditure in April. Moreover, this has been supplemented by further monetary easing with RBI announcing a 25 basis points cut in the repo rate yesterday. This combined stimulus is most welcome.
The need for sustained stimulus is evident when one looks in some detail at both consumption and investment data. Consumption continues to display continued weakness especially in rural demand. Here again CSO data seems at variance with trends from other sources.
Normally, growth in private final consumption expenditure (PFCE) is closely correlated with growth in corporate income and sales. This is not surprising as both are two sides of the same coin. This correlation has curiously snapped during the last financial year with CSO data showing a rising trend in PFCE, in contrast to corporate sales that have plunged. This is inexplicable. Imports have not covered this supply-demand gap as they have pretty much collapsed.
The investment scene is somewhat better. CMIE data shows new project announcements are rising, projects abandoned are declining and projects under implementation are just beginning to perk up. The major fly in the ointment is the sharply declining rate of growth of credit off-take by corporates from commercial banks, which has plunged to below 4%. Investment, thus, is a mixed picture. It will hopefully improve if public capital expenditure is sustained.
Therefore, it’s not surprising that we get very mixed signals about the state of the Indian economy. Corporate pessimism exists simultaneously with official effervescence which, let us admit, sometimes verges on the irrational.
Real estate suffers from anaemic demand and sluggish growth. Exports have declined for five months continuously and core sector growth remains weak. The best one can say is that there are signs of recovery, which need to be nurtured and reinforced. They certainly do not warrant any complacency.
The ordinary Indian is left numbed by the numbers game. He is expectedly more interested in news on job opportunities. And that unfortunately is not yet positive. Worse, real wages are flat in cities and declining in rural India.
Rising employment opportunities are the only sure guarantor of a better life and higher welfare for ordinary people or Modi’s neo-middle class. Employment signifies inclusion through empowerment and not entitlements. To expand employment as rapidly as possible must surely be this government’s topmost priority.
In this context it is ironical that for a country faced with a very serious demographic challenge, credible official data on employment are still produced by NSSO, which releases its ‘thin’ and ‘thick’ rounds once in two and five years respectively. The annual labour data produced by the labour bureau is, from all accounts, quite worthless.
As pointed out in India Labour Report of the Institute of Human Development, the quality of unemployment does not correspond to ground realities because ‘self-employed’ is used as a residual category to include all those who are unemployed or underemployed. Regular and credible data on employment is a critical policy input. Should Niti Aayog not be charged with producing credible labour market data, if not also a plan for maximizing employment in India?

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