Labour
Commissioner, NEW DELHI, Feb 19: Chairman of the Indian Bank Association Panneer Selvam today appealed to the agitating bank employees to call off their lunch-hour demonstrations and the two day strike .....more Seafood industry prepared for inspection by EU team KOCHI,
Feb 19:
Infrastructural upgradation of the Indian seafood
industry is progressing as per schedule to meet the
quality requirements of the importing countries, mainly
the European Union, the Indian Seafood ..more NEW DELHI, Feb 19: The Ministry of Urban Affairs and Employment has conveyed the Union Government allocation of Life Insurance Corporation (LIC) and ..more NEW
DELHI, Feb 19: The public sector National Fertilizers
Limited (NFL) has been awarded ..more |
ONGC for
separate MUMBAI, Feb 19: Oil and Natural Gas Corporation (ONGC) limited has mooted the idea of setting up a separate subsidiary in Information Technology...more License plates on Indian roads to get facelift NEW DELHI, Feb 19: After the cars, it is time now for the license plates on the Indian roads to get a facelift. Going by the way talks are proceeding ..more Japan-aided project THIRUVANANTHAPURAM, Feb 19: Uncertainty looms large over the implementation of a Rs 1,785.45-crore mega water supply project in Kerala ..more AEPC for duty free import NEW
DELHI, Feb 19:
The Apparel Export Promotion Council (AEPC) has called
for duty free import of machines for dyeing, printing and
processing the fabrics to improve quality of Indian ...more |
Labour Commissioner, IBA chief NEW DELHI, Feb 19: Chairman of the Indian Bank Association Panneer Selvam today appealed to the agitating bank employees to call off their lunch-hour demonstrations and the two day strike from February 25 and accept the offer of a 10 per cent wage hike which has been rejected by the Union. "The IBA chairman has stuck to the 10 per cent offer as against our scaled down 20 per cent hike which is totally unacceptable to us", joint secretary of the National Confederation of Bank Employees, V.K gupta told PTI here. He said the Regional Labour Commissioner of Mumbai also joined the talks along with Selvam to hammer out a solution on the protracted wage issue. More than 5000 bank employees joined the lunch hour demonstration called by the United Forum of Bank Employees (UFBE) here, Gupta said adding national executives of the nine constituents of UBFU were present in full strength on the occasion. Besides strike call on February 25 and 26 th, the UFBU has announced an indefinite strike from March 17 in support of its demand for agreeing to a bipartite settlement with effect from November one, 1997. (PTI) |
Seafood industry prepared for inspection by EU team KOCHI, Feb 19: Infrastructural upgradation of the Indian seafood industry is progressing as per schedule to meet the quality requirements of the importing countries, mainly the European Union, the Indian Seafood Exporters Association has said. The association has strongly denied recent reports that the seafood industry was unprepared for the forthcoming visit of the European Union team of health inspectors to review the situation of the industry. The industry had spent over Rs 100 crore during last year to upgrade its factories in the wake of the stringent quality norms introduced by the the European Union and the months long ban on Indian seafood exports to the EU countries on quality grounds, A J Tharakan, President of the Indian Seafood Exporters Association. He said over 55 factories as on date have been approved for export to the European Union and another 60 of the total 403 export oriented processing units were in the process of upgradation to meet the stringent standards of the European Union. The Commerce Ministry and Marine Products Export Development Authority (MPEDA) have put into action a series of measures to improve and upgrade the infrastructure at the landing centres and fishing harbours also. According to A J Tharakan, a Rs 10 crore project to upgrade the peeling and pre processing facilities at Aroor, Kerala has already been sanctioned and soft loans are being extended to improve the infrastructure for the seafood industry at veraval in Gujrat, season docks in Mumbai, Calcutta and other major seafood processing centres both on the East and West coasts. However, the association felt there was still a lot to be done with regard to improving the infrastructral facilities at the landing centres and minor fishing harbours along the vast coastline of the country. Since these come under the direct control of the State Governments, the states need to be more active in improving the infrastructure, Tharakan pointed. The Commerce Ministry and the MPEDA are making strenuous efforts to co-ordinate this effort with the maritime states he said adding that certain states like Gujarat have been very helpful in this regard. The association has asserted that the industry was fully prepared for the next visit of the Europaen Unions team scheduled to commence on March 6. The team is to visit all the maritime states including Kerala. The team will be in Kochi on March 10. Meanwhile, seafood exports from the country have shown an increase in value terms for the nine month period ended December 1998, according to MPEDA sources. However, in quantity terms the exports were lower during the nine month period ended December 1998 as against corresponding period in 1997. While Japan, the US, Europe and South East Asia continue to be the major buyers, Indian exports to China which accounts for annual exports worth Rs 600 crore are facing problems. According to seafood exporters, they are yet to recover dues to the tune of Rs 100 crore for the consignments exported to China. Following this, the exporters have become careful while exporting to China as there have been lot of complaints mainly of dishonouring of Letters of Credits (LC) on flimsy grounds say the exporters. This had resulted in a drastic fall in exports to China which according to the Seafood Exporters Association would definitely affect the seafood export target of the country this year. (PTI) |
Rs 2348 for social housing schemes NEW DELHI, Feb 19: The Ministry of Urban Affairs and Employment has conveyed the Union Government allocation of Life Insurance Corporation (LIC) and General Insurance Corporation (GIC) loans of Rs. 2348 core to State Governments for their social housing schemes in 1998-99. Out of this, the loan component from LIC is Rs. 2142 crore and from GIC Rs. 206 core. In a circular letter to the Housing Secretaries of all state governments, the Ministry of Urban Affairs and Employment has asked hem to receive the loan amount from LIC/GIC expeditiously from their Mumbai headquarters before the end of the current financial year on March 31,1999 as per allocation to the respective states. The State have been asked to send their utilisation certificate on the loan amount to LIC/GIC under intimation to the nodal Ministry of Urban Affairs and Employment within three months from March, 1999. The utilisation certificate will consist of scheme-wise break up of the amount, number of houses sanctioned under the Social Housing Scheme, unit cost of such houses, number of houses completed so far and the number of houses to be built with the loan money. The loan amount is to be utilised both for urban and rural housing by the state housing agencies. (UNI) |
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NEW DELHI, Feb 19: The public sector National Fertilizers Limited (NFL) has been awarded the Coveted ISO-14001 certification for maintaining international standards in environment and pollution control. This recognition by the netherlands based certification agency KPMG is specifically for the high standards maintained by NFL units at Vijaipur, Madhya Pradesh. The certification award was presented to NFL Chairman and Managing Director Dinesh Singh at a special function organised recently at the NFL corporate house at Noida, near Delhi. NFL has earlier won the ISO-9002 certification for product services. Thus, NFL becomes the only fertiliser company in the country to win the two international certifications from KPMG. (UNI) |
ONGC for separate subsidiary in IT MUMBAI, Feb 19: Oil and Natural Gas Corporation (ONGC) limited has mooted the idea of setting up a separate subsidiary in Information Technology (IT) to develop operational and distribution expertise for the Oil and Petroleum Industry. ONGC director (technical) R C Gourh told that the corporation had enormous knowledge and information on the fields and information technology could exploit these capabilities for development of oil fields and exploration. Oil industry in India and ONGC in particular provide tremendous opportunities for development of I.T. business for upstream operations such as development of software packages for seismic data processing. Mr Gourh said at present the biggest "data problem" of oil companies was in finding the data they have and in knowing exactly what they had found. As data volume increases, companies need more resources in making sure that the best and most complete data. Citing the example of gaining benefits from I.T. in oil industry, he said ONGC recently got an international drilling contract in Bangladesh at 40 per cent less costs than the bidding prices offered by international firms. The contract was for two years to develop three oil fields. Similar opportunities through joint ventures were in offings in countries of erstwhile Soviet Union and Gulf region. Mr Gourh said the I.T. subsidiary of ONGC would depend on input sources from outside the oil industry such as it companies, oil field services firms and the defence industry to go for innovation in oil business. (UNI) |
License plates on Indian roads to get facelift NEW DELHI, Feb 19: After the cars, it is time now for the license plates on the Indian roads to get a facelift. Going by the way talks are proceeding between the Centre and a German firm Erich Utsch KG, number plates of all vehicles would become more flashy and the bland black background would be a thing of the past. And, according to the company, these new license plates would not only improve the face value of the cars but also go a long way in containing detailed information about the owner, his tax arrears and whether the vehicles insurance premium has been deposited or not. The company had displayed these license plates at the recently concluded Automechanika 1999. It is also in the process of setting up a joint venture with the Delhi-based Metro Paints Private Limited for producing these hi-tech license plates in the country. A Memorandum of Understanding for the same has already been inked by the two partners and the plant is being set up in Delhi. "The one million Deutsche Mark project would be set up in a 50-50 joint venture. To start with, we are looking at introducing just the license plats in India. But over the next five years, we will be getting all our business arms, including the venture to make markings and road signs, documentation and registration papers and even speeed detection equipment to India," Mr Peter Bilabel of the Export Department of Erich Utsch told newspersons here late last night. On the talks with the Centre for changing the look of vehicle registration plates, Mr Bilabel said, "we have suggested five different looks for number plates here and removal of the black background. The black background absorbs the light and does not reflect it back as a result the vehicle is not visible unless one is dangerously close to it. Even while detecting the number plates after an accident, it is almost impossible to read the numbers here with the kind of plates available." The company, he said, has suggested putting black numbers of white backdrop for private vehicles, black numbers on a yellow background for public vehicles, black on red for police vehicles, white on red for Government vehicles (administration) and black numbers of blue for diplomats. "The proposal is pending approval from the Government. But till the time we get the approval, we will be producing the normal black plates from our venture," he added. The company, Mr Bilabel said, is planning to make available the license plates directly through the companies or dealerships. "No where in the world do you have vendors sitting on pavements making number plates for you. This increases the risk of fake plates coming on to stolen vehicles and makes detecting them all the more difficult." Talks have already been initiated with Maruti Udyog Limited and the company is close to signing a deal with the automobile giant for providing the license plates. The license plates to be produced under the venture, Mr Bilabel said, would also have graphic emblems, a state specific identity and additional security elements such as holograms, laser and ultra violet codes for protection against forged number plates. Under the joint venture, the company has offered the Union Government to set up a nationwide central car registration system as prevalent worldwide. Besides, the company would also be providing a comprehensive security concept, registration marking and monitoring technology, a new element for vehicle identification. "A sticker having the vehicle registration number is provided inside the windshield of the vehicle. If the number plat of the car is stolen, identification of the vehicle is still possible as electronic monitoring system installed on roads including live cameras will be able to identify the cars." Meanwhile, Metro Paints has joined hands with another German company Joschu Group to make road markings and reflector paints with an average life of three to five years. The unit for this venture is being set up at Alwar, in Rajasthan. (UNI) |
Japan-aided project faces rough weather THIRUVANANTHAPURAM, Feb 19: Uncertainty looms large over the implementation of a Rs 1,785.45-crore mega water supply project in Kerala with the State Government and the Japanese funding agency pitted against each other over the selection of consultants for the project which is to benefit four million people. The project is now mired in controversy and has assumed political overtones. The Congress -led opposition took the Marxist-led Left Democratic Front Government to task in the State Assembly this week for the delay in the inauguration of work on the project even two years after the agreement was signed in 1997. A Congress member, Dr M A Kuttappan, had gone to the extent of alleging that the son of Chief Minister E K Nayanar was manipualting things in such a way as to ensure that a UK-based consultancy firm was selected for preparing detailed designs, estimates and other preparatory works. "The Kerala water supply project" is proposed to be implemented by the Kerala Water Authority (KWA) with assistance from the Overseas Economic Cooperation Fund (OECF) to benefit Thiruvananthapuram, Meenad in Kollam, Cherthala in Alappuzha district, Kozhikode and Pattuvam in Kannur district. The delay in the finalisation of consultants for the project was the result of a bone of contention between the OECF and the Kerala Government with regard to the inclusion of a Japan consultancy along with four other consultancies shortlisted by the Kerala Water Authority which, according to the agreement, had the responsibility to shortlist and select the consultants through a due process and later get the concurrence of the OECF. The office of the Irrigation Minister V P Ramakrishna Pillai today dismissed as "unmitigated lies" the allegations about the consultant selection process. "The Government has been trying to ensure that the selection of consultants is fair and transparent. At the same time, the government is very keen to go ahead with the implementation of this mega project in the critical water supply sector," sources in the ministers office said. Explaining the sequence of events since 1997, sources said the OECF guidelines stipulated that a short list of consultants should be prepared by the KWA from among which a consultant would be finally selected. The guidelines also added that such a shortlist should normally consist not less than three and not more than five consultants. The KWA invited offers to ensure the maximum possible competition in the selection of consultants. In response, 36 offers were received, including two from Japanese companies. After evaluation, the board of the KWA approved a shortlist of five consultants. This list did not include any Japanese company. When this shortlist was intimated to the OECF, it insisted that the two Japanese companies which had submitted offers should be included in the list. "This is contrary to their own guidelines, which stipulate that they have no approved list of consultants," sources said. (UNI) AEPC for duty free import of machinery to modernise units NEW DELHI, Feb 19: The Apparel Export Promotion Council (AEPC) has called for duty free import of machines for dyeing, printing and processing the fabrics to improve quality of Indian garments in international markets. Also, the threshold limit of Rs One crore under the Export Promotion Capital Goods (EPCG) scheme must be scaled down to Rs 50 lakh, AEPC Chairman Bharath Goyal said in a pre-budget memorandum to Finance Minister Yashwant Sinha. To supplement the industrys efforts in upgrading its technology for increasing productivity and meeting international standards, the import of machinery should be otherwise allowed with a favourable duty structure on the pattern applicable to leather industry that is five per cent customs duty, five per cent special customs duty, zero per cent additional duty and four per cent Special Additional Duty. As the manufacturer-exporter of knitted garments are mostly having in-house facilities right from fabric making till the garment production including dyeing and printing process, they should be allowed to import not only the machines related to garment and knitwear making, but also for dyeing, printing and bleaching processes once the letter of intent or industrial licence or SSI certification mentions the products to be manufactured by such exporters as knitted garments. Mr Goyal said garment exports rank as one of the largest foreign exchange earners for the country. With the formation of World Trade Organisation (WTO) to be put into effect from January 1, 2005, it is expected that there would be free market in the textile trade and its impact on readymade garment sector would result in stiff competition and market opportunities. The AEPC Chairman said increasing competitiveness would require complete modernisation of the garment industry as well as supporting and ancillary industries like textiles, processing and trimmings/embellishments. "Simultaneously, there would be need to simplify and liberalise policy and procedures relating to export and import of this commodity." Mr Goyal said the Government must adopt a duty free passbook scheme for garment exporters instead of present cumbersome and time-consuming procedure involved in the advance licencing scheme. Besides, the limit of Rs 36,000 or ten samples may be made applicable on consignment basis and not on yearly basis as is applicable in the United States and Canada where samples valued at 800 US dollars and 500 canadian dollars are allowed to be imported. It may be made applicable in case of imports by courier as well and cover import of garment samples, sample fabrics and sample trims. Mr Goyal said excise exemption made available on production of processed knitted and crocheted fabrics of cotton should be extended to all other fibres, including manmade fibres as well. The sanction to credit, he said, may be given immediately upon filing the application by an exporter and funds may be made available when required but within the overall credit sanctioned so that interest is paid only for the period that funds remain in an account. These steps are essential to increase unit value realistion by exporters, besides boosting Indias share in global apparel markets, Mr Goyal said. (UNI) |
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