Minister of State for Commerce and Industry Omar Abdullah
Minister of State for Commerce
and Industry Omar Abdullah

9th Delhi Intl Shoe
Fair 2001 inaugurated

NEW DELHI, June 28: Minister of State for Commerce and Industry Omar Abdullah today urged the shoe industry in India to take stock of the global developments and ever changing consumer preferences. Inaugurating the Ninth Delhi International....more

25 pc kharif crops
sown in Rajasthan

JAIPUR, June 28: Sowing of about 25 per cent of the kharif crops is complete in Rajasthan with monsoon covering most of the state. ....more

PF claim to be settled
in 2 to 3 days: Jatiya

NEW DELHI, June 28: In a significant move to help a worker get Employees’ Provident Fund (EPF) claim settled within two to three days, the ...more

DGP inaugurates J&K
Bank’s extension counter
at District Police Lines

Excelsior Correspondent

JAMMU, June 28: The J&K Bank Limited opened an extension counter of its New University Campus branch at District...more

Gold
Gold

Gold plunges on heavy selling by stockists

NEW DELHI, June 28: Gold fell steeply on the bullion market today on heavy selling by stockists in the absence . ...more

Haryana ranks second
in funds untilisation

CHANDIGARH, June 28: Haryana claims to have ranked second in the country with 95.49 per cent utilisation of funds for centrally sponsored rural development schemes ...more

  Director General of Police, Mr A K Suri inaugurating extension counter of J&K Bank at District Police Lines on Thursday.
Director General of Police, Mr A K Suri inaugurating extension counter of J&K Bank at District Police Lines on Thursday.

9th Delhi Intl Shoe Fair 2001 inaugurated

NEW DELHI, June 28: Minister of State for Commerce and Industry Omar Abdullah today urged the shoe industry in India to take stock of the global developments and ever changing consumer preferences.

Inaugurating the Ninth Delhi International Shoe Fair 2001, he said, the fair was an effective indicator of the growth, development and progress of the shoe industry and its affiliated sectors in India.

The minister expressed satisfaction at the steady growth of exports which attained a level of 642.03 million dollars during 2000-2001. India produces about 500 million pairs of footwear anually, he said, adding that an opportunity had emerged for it to become a global player with the phasing out of operations by many shoe majors in the USA, Germany and other developed countries.

The fair which is being held from June 28 to July one, will have exhibits from nine countries and expects visitors from about 20 countries.

This year the fair surpasses all earlier fairs with a record convergence of shoe industries with as many as 162 companies participating in an area of about 9000 square meters.

The function was attended by Rathi Vinay Jha Chairman cum Managing Director, India Trade Promotion Organisation, Irshad Mirza Chairman, Council for Leather Exports and other distinguished guests. (UNI)

25 pc kharif crops sown in Rajasthan

JAIPUR, June 28: Sowing of about 25 per cent of the kharif crops is complete in Rajasthan with monsoon covering most of the state.

By June 25 kharif crops had been sown in 31.58 lakh hectares against a target of 127 lakh hectares, statistics department of the State Government said today.

Kharif crops had been sown in only 9.88 lakh hectares of area during the same period last year — the third consecutive drought year, it said.

While foodgrains had been sown in 22.20 lakh hectares, oilseeds had been sown in 3.30 lakh hectares, and cotton in 2.92 lakh hectares. Other crops like sugarcane, jawar and fodder have been sown in the remaining area, it added. (PTI)

PF claim to be settled in 2 to 3 days: Jatiya

NEW DELHI, June 28: In a significant move to help a worker get Employees’ Provident Fund (EPF) claim settled within two to three days, the Centre today unveiled a comprehensive plan to strategically reposition the epf as a customer-centric organisation.

"The objective of the plan is to enable a customer-centric geometric growth in the spread and reach of old age income security to the working class," Labour Minister, Satyanarayan Jatiya, said while unveiling the "re-inventing EPF-India" plan.

He said the plan sought to reposition the EPF as a frontline provider of provident fund, pension and other old age income security products.

"The immediate goal is to establish a system that will enable a worker to access his or her account current balance in any of the 267 EPF outlets across the country, submit a claim and get it settled within 2-3 days," he said.

While the short-term strategy aimed at bringing about a significant improvement in the quality of on-going programmes within the available systems and process, the long-term goal was to reposition epf organisation as customer centric capable of producing geometric growth of 20-30 per cent as against the current average incremental growth of 6.6 per cent.

Jatiya said old age income security protection was at present available to 26 million people which worked out at ten per cent of the estimated working class population.

"The modernisation programme seeks to build up the capacity of EPF to enable it to significantly close the uncovered gap," he said, adding that this would specifically focus on the growing ranks of casual labour.

The Labour Minister said the project had passed the planning mode and was now in the implementation mode. It would be implemented in the first phase across six clusters at Indore, Kota, Gurgaon, Patna, Mangalore and Hyderabad by October 2001 and elsewhere by August 2004.

He said that in the next three months, the process of registration would start. This would involve issuance of a nationally unique identity number of each member of EPF along with a ‘smart card’ that will carry the employee’s profile and employment details, the employee’s identification details and passbook.

The unique number - SSN (Social Security Number) - would remain employee-specific regardless of the identitty of the employer and regardless of any change in employment, he said and added that this would enable participation of even casual and migrant workers as they would be able to access their account from any location. (PTI)

DGP inaugurates J&K Bank’s extension counter at District Police Lines

Excelsior Correspondent

JAMMU, June 28: The J&K Bank Limited opened an extension counter of its New University Campus branch at District Police Lines Jammu. The extension counter was inaugurated by Mr A K Suri, Director General of Police, J&K, Mr P Z Lateef Ahmed, Chief General Manager, J&K Bank presided over the function. Mr R V Raju, IGP Jammu was the guest of honour.

Mr S A Khan, Dy.General Manager Jammu welcomed all the guests. He gave a brief detail of the achievements made by the Bank during the last five years under the leadership of Mr M Y Khan chairman of the Bank.

Mr P Z Lateef Ahmed in his presidential address thanked Mr A K Suri for having spared his valuable time for inaugurating the extension counter. He declared that shortly the counter will be upgraded into a full-fledged branch and requested the police staff to open their accounts and accounts of their families at this counter.

He spoke about some of the deposit schemes which have been tailored to meet every body’s requirement. He especially mentioned the features of Child Care Deposit Scheme which provides for free insurance cover upto Rupees 1.00 lac in addition to handsome return on amount deposit with the bank. He further advised the gathering to avail various loan schemes.

Mr R V Raju, IGP Jammu thanked the Bank for having responded to his request for opening Extension Counter at District Police Line so quickly. He advised officer and jawans to take benefit of the banking facilities especially the fund transfer facility which would prove very beneficial for police personnel in sending money to their families all over the state. He wished the bank all success.

Mr A K Suri, DGP in his address thanked the bank especially Mr M Y Khan, chairman of the bank for responding to quickly to their request. He promised to provide land for bank for its own building for the branch.

He requested bank authorities to open such counters at other family stations of police personnel at Srinagar for which a proposal would be submitted soon. He hoped that Bank would provide help to the widows of the police personnel killed in actions.

Mr P K Bhat, DGM (Law), Mr SDS Jamwal, DGM (I&V) also participated in the function besides Dr S P Vaid, DIG Jammu and other senior police and bank officers.

Gold plunges on heavy selling by stockists

NEW DELHI, June 28: Gold fell steeply on the bullion market today on heavy selling by stockists in the absence of any worthwhile buying support and closed with a hefty loss of Rs.45 at Rs.4430 per ten gram.

Silver also joined the weak trend and surrendered substantial ground on lack of support.

Marketmen said heavy selling in gold influenced by a weak trend in overseas markets influenced the trading activity.

They said gold prices in Hong Kong was lower by 4.70 usd an ounce at 271.45 following a U.S. interest rate cut last evening.

Standard gold and ornaments dropped by Rs.45 each at Rs.4430 and Rs.4280 per ten gram respectively. Sovereign was unchanged at Rs.3725 per piece of eight gram.

Silver ready was down by Rs.35 at Rs.7200 per kilo and weekly-based delivery by Rs.40 at Rs.7215 per kilo. Silver coins continued to be asked at Rs.10,900/11,000 per 100 pieces.

Following were today’s quotations: Silver ready 7200 and delivery 7215. Silver coins buyer 10,900 and seller 11,000 standard gold 4430, ornaments 4280 and sovereign 3725. (PTI)

Haryana ranks second in funds untilisation

CHANDIGARH, June 28: Haryana claims to have ranked second in the country with 95.49 per cent utilisation of funds for centrally sponsored rural development schemes in the year 2000-2001, followed by Tamil Nadu.

This was revealed in the performance report of various States under the rural development schemes for the year 2000-2001 released by Union Ministry of Rural Development recently, an official spokesman said here.

He said the Chief Minister had been monitoring the utilisation of funds under the rural development schemes and impressing upon the Deputy Commissioners in their meetings to take personal interest to ensure that the benefits of rural development schemes percolate to the grassroot level.

This is the first time that Haryana has ranked among the top three performing States under rural development schemes, he said.

As per the announcement of the Chief Minister, the Deputy Commissioners and Additional Deputy Commissioners of the five best performing districts in the implementation of rural development schemes- Sonipat, Jind, Faridabad, Ambala and Mahendergarh would be honoured in the next conference of Deputy Commissioners.

He said Rs 128.33 crore was incurred on the implementation of various rural development schemes in the State during the last financial year. This year’s performance of utilisation of 95.49 per cent funds is substantially higher than last year’s 89.43 per cent. Goa at 84 per cent is the only other State among 35 States and Union Territories to have achieved more than 70 per cent expenditure, he added.

He said over Rs 23.80 crore was spent under the Swaranjayanti Gram Swarozgar Yojana to benefit 25,853 beneficiaries. The scheme aims at assisting those living below the poverty line by bringing them above it within three years. The scheme lays stress on cluster approach and covers small and marginal farmers, rural artisans, agricultural and non-agricultural labourers.

He said employment of 24.38 lakh mandays was generated under Jawahar Gram Samridhi Yojana by incuming an expenditure of about Rs 33.81 crore.

He claimed as many as 13,332 houses were constructed as against a target of 9366 under the Indira Awas Yojana during the last financial year.

Employment of 20.20 lakh mandays was created under the employment assurance scheme during the same period. The primary objective of the scheme is cretion of additional wage employment opportunities during the period of acute shortage of wage employment through manual work for the rural people. The other objective is to create durable assets for the community for sustained employment and development, he said.

The district of Daridabad, Jind, Karnal, Kurukshetra, Panipat and Sonipat had utilised more than 99 per cent of the total available funds under Swaranjayanti Gram Swarozgar Yojna during the last financial year.

The districts of Ambala, Faridabad, Jind, Panchkula, Sonipat, Fatehabad, Jhajjar, Kurukshetra, Mahendragarh, Panipat, Rewari and Yamunanagar had also utilised more than 99 per cent funds under the Jawahar Gram Samridhi Yojana.

Similarly, districts of Faridabad, Jind, Panipat, Sonipat, Rewari, Panchkula and Jhajjar ranked this category under the Indira Awas Yojana and the districts of Faridabad, Jind, Kurukshetra, Sonipat, Rewari, Mahenderagarh, Jhajjar, Fatehabad and Ambala under the employment assurance scheme during the same period, he added. (UNI)

 
 



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