Monday, May 31, 2010

India Inc to Taiwan to explore business

India Inc to Taiwan to explore business

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2010-05-31 06:46:53 - Nksagar: New Delhi- May 31,2010.Taiwan’s rapid development from an agricultural economy to an electronics and technology exporting country is truly a ‘miracle’ in the history of economic development. Taiwan's economy which rose from rags to riches genuinely one of the ‘Four Asian Tigers’ alongside Singapore, South Korea and Hong Kong.

A high-level delegation led by a senior government official and top executives from leading companies Sunday embarked on a six-day tour of Taiwan to explore business opportunities.Amid Taiwan's keen interest to step up investments in India, the delegation, led by Rakesh Singh, Additional Secretary in the Department of Information Technology of the Union Communications Ministry, will meet top officials and
executives of Taiwanese companies.

The visit of the delegation is part of India's 'Look East Policy', Pradeep Kumar Rawat, Indian Representative in Taiwan, said in a statement.India does not have diplomatic relations with Taiwan as China considers it a part of it.

Taiwan is a world leader in manufacturing units and has helped brands like Nokia and Hewlett Packard to build 3G communication systems.As part of its new policy of investing in developing and resurgent markets, Taiwan is interested in collaborating with Indian IT companies so that they can retrieve the domestic markets by building their own brands.

Taiwan has a self- propelled capitalistic economy which is loosening its arms of government control in the guidance of private investment and foreign trade. Exports have provided the primary impetus for industrialization. The trade surplus is significant and the foreign reserves are the world’s third largest. The total value of trade increased more than fivefold in the 1960’s. In the first half of this decade, exports grew 60%. Exports composition changed from predominantly agriculture commodities to industrial goods. The export composition of industrial goods is as high as 98% in the present scenario. This meliorating condition can not only be attributed to the efforts of the domestic governments but also to USA which invested lump sum in Taiwan for this development. Today, the major exporting industries are electronics, optical and precision instruments, information and communications products, textile products, basic metals, plastic and rubber products. The major export markets include China and Hong Kong. The major imports are electronics, optical and precision instruments, information and communications products, machinery and electrical products, chemicals, basic metals, transport equipment, crude oil, etc. The major importing partners are Japan, China and Hong Kong. Exports generate 70% of Taiwan’s GDP growth. This heavy dependency on foreign trade has made the economy today vulnerable to downturns in world demand. It is few of those countries which are effectuated by the economic fluctuations very easily. Moreover, Taiwan’ s birth rate of only one child per women is among the lowest in the world, raising the prospect of future labour shortages and declining tax revenues. This, therefore poses a great threat to the future of the great ‘Taiwan Miracle’.
The delegation includes Vijay Malhi of Moser Baer, Rajesh Raizada of HCL Infosystems, Anand Prasad Arkalgud of Infosys, Ajay Nijhawan of Reliance Haryana Special Economic Zone.Senior officials of the Union ministries of Commerce and Communication and representatives of state governments are also part of the delegation.A Taiwanese delegation of 12 heavy-weight industrialists had visited India for a week early this month.

David HSU, Director of Economic Division, Taipei Economic and Cultural Centre in New Delhi, said trade relations between India and Taiwan have been developing smoothly and steadily in the last years.He noted that more than 40 trade delegations from Taiwan visited India every year during the last three years to explore trade and investment opportunities.Visits by trade groups from India to Taiwan are comparatively less, and therefore more India trade delegations are welcome to Taiwan to further expand their business in Taiwan market, he said

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Wednesday, May 26, 2010

Kamla Persad PM of Trinidad and Tobago

Kamla Persad PM of Trinidad and Tobago

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2010-05-26 05:39:07 - Nksagar: - May 26,2010 - A India origin Kamla Persad-Bissessar is elected the first woman prime minister of Trinidad and Tobago after her five-party coalition swept to victory in snap elections in the former Spanish colony.

Kamla Persad People's Partnership won 29 of the 41 parliamentary seats in Monday's election thus an end to ruling party's 43 year in power."I am grateful for the immense support from women across the country,I celebrate this victory on their behalf."

A subdued Prime Minister Patrick Manning conceded defeat some five hours after the close of polls late Monday night, as
TV counts showed almost the whole map of the larger island of Trinidad turn the coalition color of yellow, as well as both seats in Tobago.The Elections and Boundaries Commission was on Tuesday due to give official results of the 41 seats in the energy-rich nation off the coast of Venezuela.

Indian music and traditional Caribbean beats rang out at a victory party for Kamla Persad-Bissessar in the nation famed for its carnival.Persad-Bissessar's campaign tapped into voters' worries about rising gang violence and corruption scandals in Port of Spain.The 58-year-old also promised to increase pensions and create a multi-million-dollar fund for sick children in a campaign focused on change."I'm deeply humbled by the trust you have given to me," Persad-Bissessar said in a victory speech in which she emphasized unity for the nation's diverse races.

Politics have long been divided along lines of Indian or African descent, the two majority ethnic groups.Manning's People's National Movement (PNM) draws most of its support from Afro-Trinidadians while the United National Congress (UNC) of Persad-Bissessar largely relies on Indo-Trinidadian backing.

The new coalition includes the multi-racial Congress of the People, and the smaller National Joint Action Committee, the Tobago Organization of the People and the Movement for Social Justice.

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Monday, May 24, 2010

Dr Singh :UPA-II “Reasonable achievement "

Dr Singh:UPA-II “Reasonable achievement "
2010-05-24 13:40:44 - 24 May 2010 - Nksagar - New Delhi -Dr Man Mohan Singh - top slot for six years with respect among his colleagues, bureaucrat who rose from Dy Chairman of Planning Commission in 1992 to become the Prime Minister of India since 2004 -for two terms.Singh on Monday described the first year of UPA-II as one of “reasonable achievement” but said his government could have done more.

PM press conference on the eve of UPA II completing one year of his second term marathon run for nearly two hours standing and answering the question from more than 250 Journalist assembled at Vigyan Bhawan,in New Delhi .With questions from internal security to foreign policy and economy during his one hour and fifty minutes long press conference he took
cautious and confident approach for his in power of total six year with brand of decent man coined by many opposition Leaders.

Singh said at a national press conference in New Delhi on Monday to mark the completion of one year of UPA-II in office on naxal issue."I have been saying for the last three years that Naxalism remains the biggest internal security challenge facing our country," he said.Asked if his government had underestimated the Naxals, he said, "We have not underestimated the problem of Naxalism." He said there was no difference of opinion between the Central and the state governments on the issue of left-wing extremism.
"I have spoken to the Chief Ministers of the states many times on the Naxal issue. The Chief Ministers understand that it is imperative to control Naxalism for the country's growth," the Prime Minister said.Singh said to exploit full benefit of economic reforms, it is important to control Naxalism and terrorist elements. "If we don't, it can affect our growth," he said.


Dr Manmohan Singh said India is committed to improve relations with the neighboring countries. He was addressing the first national press conference of the second UPA government in New Delhi. On resumption of talks with Pakistan, Dr.Singh said that peace in the country is essential to realize the full growth potential and the trust deficit between the two countries can be reduced only after holding substantial discussions. The Prime Minister in reply to a question said that the bilateral relations with Pakistan have not reached a level where the issue of taking back areas of Pakistan occupied Kashmir could be taken up.
To another question on the access to Hadley,he said that highest authorities in the US have assured New Delhi that India will get access to the mastermind behind the Mumbai terror attack David Coleman Hadley. And on dealing with the issue of Parliament attack convict Afzal Guru, he said that the law of the land should be allowed to take its own course.

Dr Singh expressed confidence that the nuclear liability bill currently in the Standing Committee will be supported by parties interested in India's growth. On the proposal to hold caste based census in the country, the Prime Minister made it clear that he has given assurance to parliament that all views will be taken into account. He, however, made it clear that this does not mean that the government has agreed to the proposal. To question on CBI misuse ,The Prime Minister strongly refuted the allegations that government is interfering with the functioning of the CBI and said that the organisation is autonomous under CVC .

A way for Rahul Gandhi to be the Cabinet Minister or PM to which Mr Singh said Rahul is reluctant to join the government although he is appropriate candidate further Dr. Manmohan Singh noted that he is not going to retire as he has unfinished tasks to complete. He, however, said that he is ready to make way for a younger leadership whenever Congress party desires so.

With question that he is in between two ladies one his wife and other President of Congress Mrs Sonia Gandhi,he said he pays attention to both as the two suggest and advice on variant areas. He dismissed reports that there are differences between him and the Congress President Mrs. Sonia Gandhi.

Dr. Singh admitted that water sharing will be a major issue in the coming days and said a proper mechanism is in place to deal with the issue. Replying to a question on corruption, he said action will be taken against any body found involved in it.

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Sunday, May 23, 2010

Jairam Ramesh on biodiversity day

Jairam Ramesh on biodiversity day
2010-05-23 07:18:26 - Nksagar: New Delhi- May 23,2010:Forest man of India,tribal man of India and mineral man of India must have holistic development and inclusive growth for the welfare of rural India.

Environment Minister Jairam Ramesh speaking at a national seminar on "biodiversity, development and poverty alleviation in the context of climate change," held 22 May 2010, "Nagoya meet, to be attended by 193 members, is crucial for developing nations like India which is seeking a single legally binding international pact to deal with access to and benefit sharing of bio-resources, a
move vehemently opposed by the rich countries," on the occasion of International Day for Biodiversity.

"India has been the initial signatory of the CBD (Convention of Biological Diversity), hence safeguarding biodiversity requires action at all levels with a strong commitment to contribute towards achieving international targets."

"Over the years India has taken several key initiatives to achieve the objectives of the CBD at the national level through-creation of an institutional structure, through traditional Knowledge Digital Library (TKDL), an important initiative by India to fight against bio-piracy globally and through the People Biodiversity Register (PBR) to document the oral knowledge on biodiversity," he added.

Environment minister talked of converging with associate working of National Bureau Plant Genetic in forest field, along with Ministers of Rural Development and Panchayat Raj mentioned that we have to developed a link between climate change and biodiversity Indian version of IPCC, i.e. Indian Network for Comprehensive Climate Change Assessment that will conduct assessment in the sectors of agriculture , forests, water and health, and regions of Himalayas, Western Ghats, North-East India, and Coastal regions, measuring the impact of Climate Change.

Forest man of India,tribal man of India and mineral man of India must have holistic development and inclusive growth for the welfare of rural India.

www.youtube.com/watch?v=SNFHshz2eaM
.

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Friday, May 21, 2010

Business & Investment with Australia

The Australian Trade Commission,the Australian Trade and investment development agency of the Australian federal government presented business and investment opportunities with Australia for business based in NCR at the seminar on "winning Business & Investment with Australia" held in New Delhi on Thursday,20 May,2010.

Seminar organised by the Australian Trade Commission in partnership with Gujarat NRE Coke and supported by Innovation Campus,university of Wollongong,New South Wales Government and the CII,this worshop is part of Australian Trade Commission's Utsav Australia- celebrate Australia programme - an Australian Government initiative to accelerate Australia's commercial engagements with India and raise awareness of Australian industry capability amongst the India business community.

Wednesday, May 19, 2010

IOA rejects Sports Ministry tenure regulations

IOA rejects Sports Ministry tenure regulations
2010-05-19 06:48:16 - Nksagar: New Delhi- May 19,2010- Clash of titans of sports authorities of India are on cards and Indian Olympic Association spurned Sports Ministry's tenure limitation guidelines even though there was a voice of dissent against IOA President Suresh Kalmadi's "dictator-like" functioning.

Indian Olympic Association and National Sports Federation is ready for a showdown with the sports Ministry as the Ministry's proposal to decide on the tenure limitation for IOA and NSF chiefs was rejected by passing a resolution in the Special General Assembly in the capital. IOA's general body and the Executive Council, which met at the Olympic Bhawan in New
Delhi, ruled out amending constitution to accommodate tenure limitation for its office-bearers as is wished by the Sports Ministry.

The IOA said in a statement that the Special General Body unanimously resolved that IOA and National Sports Federations, NSF, would decline to accept the Government guidelines to protect their autonomy in accordance with Indian Olympic Committee Charter and International Federations' Statutes.

No steps will be initiated by IOA/any NSF to amend their Constitution to incorporate any provisions/ part of these Guidelines as this will be seriously in breach of the Olympic Charter and render the IOA/NSFs vulnerable to suspension and deprive their teams from International participation," the IOA said.

"I hope the (IOA) President would not mind. I have been around for long and at times, the President functions like a dictator," Cycling Federation of India (CFI) President SS Dhindsa said.Dhindsa, named Chairman of the Olympic Village Committee, was particularly unhappy with his nominations for committee members being ignored."Besides, I'm the chief of the Olympic Village Committee Committee and I have no clue that someone already has been appointed the Mayor of the Games Village," said a sulking Dhindsa.
Dhindsa's outburst against Kalmadi notwithstanding, the IOA completely ignored Sports Ministry's advise to discuss the tenure limitation issue in today's meeting.

The Ministry wants to fix the IOA and NSF President's tenure at 12 years with or without the break.The secretary generals and the treasurers' tenure is fixed at eight years at a stretch by the the ministry regulations, which also advocates a retirement age of 70.If implemented, the regulation would end the reign of Kalmadi and NSF chiefs including VK Malhotra (archery), Jagdish Tytler (judo) and Dhindsa, along others.
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Tuesday, May 18, 2010

APEDA - IFOAM Conference 2010

APEDA launches Tracenet -the traceability system for organic products which will help enhanced credibility of The Indian Organic products in Global market especially to the western market with Indian exports rise in this sector to $ one billion in five years.APEDA has the vision to make India Number one Organic hub in this decade. Ah Anand Sharma Federal minister of Commerce and Industry launched the web based traceability system for organic products.Minister said " Organic farming with its emphasis on closed nutrient cycles,bio-diversity and effective soil management would help us mitigate and even reverse the effects of climate change.I am told that Organic Agriculture practices are among the most effective strategies for mitigating carbon dioxide norms".
He added,"that with launch of web based traceability software for Organic products exports will get boost and farmers get remunerative prices."

Speaking to Mr NK Sagar of Sagar media, Andre Lew - IFOAM President said India has the opportunity to be the biggest producers of organic products. In terms of standards for organic products Lew said India has domestic standards which enable them to exports and with Indian domestic standards get nod of developed countries the other countries too will adopt Indian domestic standards.

India Organic sector is the fastest moving sector and the Organic food,cotton,medicine fossils from the farms are of high value market in developed countries market.

Sunday, May 9, 2010

Laura Chinchilla sworn President of Costa Rica

San Jose, May 9 Laura Chinchilla is sworn in as the first woman president of Costa Rica. She has pledged to bring more peace and quality education in the country. Chinchilla sworn in at 11.39 a.m. local time (1739 GMT) Saturday, as she put on the presidential sash, at a ceremony in the capital city of San Jose.Two new vice presidents were also sworn in Saturday.

Chinchilla on assumption of office first signed an executive decree that places a moratorium on open-pit gold mining in the country.The decree suspends “indefinitely” the “exploration, extraction and processing of the materials extracted through the use of cyanide and mercury.”The new decree also repeals an executive order issued on March 18, 2008, by her predecessor, Oscar Arias, that established an “environmental safeguard” for mining in the country and laid out the basic environmental ground rules for the activity in Costa Rica.

Chinchilla, in her Presidential acceptance speech, promised to work with all of Costa Rica’s political spectrum and citizens.“Leadership consists in crafting agreements. Costa Rica is our shared home and no one should seek a monopoly on the truth,” she was quoted as saying by Xinhua.The president said she would raise the nation’s education budget.“We will work as a team for more peace in Costa Rica, with more police so that Costa Rica’s children are free to enjoy the fruits of liberty,” Chinchilla said.“We will also work to make Costa Rica more competitive, but also to make sure that the achievements of some do not conflict with the rights of others,” she said.

Presidents of Mexico, Colombia, Ecuador, Georgia, Panama, Guatemala, Honduras, El Salvador, Nicaragua and Spain’s crown prince Felipe attended the ceremony.

Chinchilla won the presidential election Feb 7, 2010 with 46.8 percent of votes. Her term runs till 2014.Chinchilla also signed into law the creation of a national anti-drug commission. According to the decree, the commission will be in charge of combating drug trafficking and reducing the consumption of illegal substances in Costa Rica.

Saturday, May 1, 2010

Eco cities for MOU with Japan

Eco cities four MOUs with Japan
2010-05-01 04:10:19 - Indo Japan jointly to develope Eco - Cities,the Smart Communities on Delhi Mubai corridor where people will have easy access to public transport and cities so design to utilise the private and public transport with bare minimum cost.Water and Power with smart use and smart grid is next buzz words.

In order to dilute migration to the mega metros New Delhi and Mumbai, the planned cities are the need of the hours which can take load of the growing Middle class families with rapid pace of Indian economic development.Roads corridor the essential services to transport is under government attention and the Rail cooridors that has been so effective in China
has not received the Indian government attention.
Delhi Mumbai Industrial corridor DMIC running through Haryana, UP, Rajasthan, Gujarat,Maharasthra,and Madhya pradesh is being developed in collaboration with Japan Government along with japan Inc Mitsubishi,Toshiba,Hitachi,JGC,Itochu etc as a global manufacturing and trading hub.


India and Japan on Friday signed four memorandum of understanding for building future cities of India.The eco friendly cities will be built in the Delhi Mumbai industrial corridor, at a cost of 90 billion dollars.

Union Commerce and Industry minister Anand Sharma said the largest ever project in the world, will be completed within nine years.The Minister said that the initial face will comprise eleven investment jones and thirteen industrial parks.
Sharma exuded confidence that this development cum investment Project will boost India's export up to four times.Japanese Minister of Economy, Trade and Industry, Naoshima, said that the Smart Community Initiative, has the potential to revolutionize infrastructure development and emerge as a role model that can be taken to other parts of the world.Under the agreements Japanese consultants will launch fesibility studies to set up the first set of Smart Communities in Manesar Bawal region in Haryana, Dahej and Changodar in Gujarat and Shendra industrial region in Maharashtra.

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