Tuesday, May 19, 2015

PM Narendra Modi’s statement at India-Republic of Korea CEOs Forum - 19 May 2015






    Source:  http://pibphoto.nic.in/photo/2015/May/l2015051965684.jpg



Text of PM’s statement at India-Republic of Korea CEOs Forum

President of the Republic of Korea, PARK Geun-hye, prominent CEOs of the two countries, other representatives of Business and Industry, ladies and Gentlemen!

I am extremely happy to be here with you this morning. I also thank you for being with us. I hope the interactions among the CEOs of the two sides would have been very fruitful.

Friends! India and Korea have had cordial relations from the ancient past. The relationship between the two countries goes back to the first century, when an Indian Princess travelled from the kingdom of Ayodhya in North India to Korea by a boat.

She married the Korean King Suro and she became the first queen of the South Korean kingdom. Several Koreans trace their lineage to her

We are also bound by the Buddhist traditions. A famous Korean visitor to India was Hyecho, a Buddhist monk who visited India in the eighth century to know the language and culture of the land of Buddha. He wrote the "account of travel to the five Indian kingdoms".

We have so much in common. No wonder then that Bollywood films are very popular in Korea.

Friends! I am here to build upon this relationship. In fact, I have always been fascinated by Korea. I came here when I was Chief Minister of Gujarat and even before that. Honestly speaking, while in Gujarat, I used to wonder as to how a country of the size of Gujarat can do so much economic progress. I admire the spirit of entrepreneurship of the Korean people. I admire the way in which they have created and sustained their global brands.

From IT and Electronics to Automobile and Steel, Korea has given exemplary products to the world. Similarly, Korean companies are very strong in construction sector and were involved in building iconic structures around the world. You also have an impressive infrastructure and record for R & D as well as innovation.

We in India want to achieve a lot of what Korea has already done. That is why I, along with a large business delegation, are here. The good news is that India-Korea bilateral trade has risen after signing of Korea-India CEPA in January 2010.

The South Korean investment zone in Rajasthan State is progressing well.

Several Hundred Korean companies are operating in India. Lot of your products particularly in Consumer Electronics are household choices for Indians. And many of them are being produced there. Hyundai Motor is the 2nd largest car manufacturer of India.

However, there is still a lot of scope for improvement. South Korea ranks only 14th in FDI flows in India. I can admit that the reason for this low volume of FDI lies with us not with you. But I can tell you that India was and is a land of potentials. Now, India is also a land of enabling policy environment. Moreover, there is renewed commitment of my Government for changing the face of the country. We can join hands in the mutual benefit of our people and industry. There is a lot that we can do together.

For example, there is potential for cooperation between India's software and Korea's hardware industry. Your car making and our designing capabilities can be put together. Though we have become the third biggest producer of steel, we need to add a lot of value in it. Your steel-making capacity and our resources of iron ore can be put together. Your ship-building capacity and our agenda of port led development can become driver of our growth. Infrastructure including housing is another field where we can work together in a big way.

In my last visit, I had gone to see your wonderful Saemangeum project. We have to create many such Saemangeums. Let us do this for mutual benefit and with a win-win spirit.

Friends! Since my Government has taken over, we are working day and night to create conditions for faster and inclusive growth. We want a quantum jump in all this. There is no time for incremental changes. The sectors which are strong in Korea are very important for the development of my country. Many of you are already present in India. For those who are not there, I extend an invitation to come to India and explore the opportunities.

With your presence in India and through your interactions with our CEOs, you must already be knowing what we are doing and in which direction we are going. I would only throw some light on the size and scale of the opportunities.  

Water, Transportation, Railways, Sea ports, ship-building, Electricity including renewable, IT infrastructure and services, Electronics, Construction Industry, are all very promising sectors in my country.

Just to give you some examples: we have planned to build 50 million houses by 2022. In addition, we are going to develop smart cities, long industrial corridors, and mega investment regions. For this purpose, we have refined our FDI Policy in construction. We have eased the conditions for Real Estate Investment Trusts for making investments. We are also coming up with a regulatory framework for this sector.

We have targeted 175 Giga Watt of renewable energy in next few years. In addition to generation, the issues of transmission and distribution of electricity are equally important for us.

We are keen to modernize our Railways, We are planning metro rail in fifty cities and high speed trains in various corridors. We have to upgrade our Highways.

This year we have made maximum allocation for these two sectors. In addition we have opened up Railways for 100% FDI.

We are putting up new ports and modernizing the old ones through an ambitious plan called Sagarmala. There is a similar focus on upgrading the existing Airports and putting up regional airports to enhance connectivity to places of economic and tourist importance.

We particularly want to promote manufacturing in a big way to create jobs for our youth. For this purpose, we have launched a campaign called “Make in India”. This campaign and commitment includes bringing our industrial infrastructure, policies and practices to best global standards and to convert India into a global manufacturing hub. To provide digital infrastructure across the country, we have launched another campaign called Digital India.

Cleaner and greener development and Zero defect Zero effect manufacturing is another commitment. We have launched a clean India campaign with emphasis on adoption of better environmental technologies.

To enable all this, in last eleven months, we have taken a series of measures to improve the business environment and enhance the investor confidence. We do believe that ‘ease of doing Business’ has become an important factor in attracting investments in the country. We also believe that FDI is important and it will not come in the country without a globally competitive business environment. So, we are working aggressively for making India a very easy place to do business.

To create employment and self-employment opportunities in the country, we have launched the Skill India Mission and other innovative missions. On the other hand, we have fast tracked approvals in industry and infrastructure. This includes environmental clearances, industrial and shipping licences. In addition, we also enhanced the FDI limits in key sectors like Defence and Insurance. We also refined the FDI policy in medical devices sector to encourage the manufacturing of medical equipment.

Within a very short time, we introduced GST Bill in parliament. We are making our taxation system more stable, predictable and transparent. We have already resolved many taxation issues affecting the foreign investors. This is all to become more conducive for business and bring in technology and capital.

We have got good results of these initial steps. The sentiments for private investment and inflow of foreign investment are positive. Our growth rate is above 7%. FDI inflows have gone up by 39% during April-2014 and February-2015 against the same period in previous year.

Many international financial institutions including the World Bank, IMF, OECD and others are predicting even faster growth in the coming years. MOODY’s have recently upgraded the rating of India as positive on account of our concrete steps in various economic segments.

Thus, we have restored the global positioning of India in terms of its politics, governance and economy. But we are not going to stop here. We have to and we will do a lot better.

Friends! once again, I invite you to India to see the change. We are also prepared to work with you in making the conditions more conducive for you.

Yesterday, I announced the forming of a dedicated mechanism for hand holding of Korean investors. It will be known as Korea Plus. In addition I assure you of my personal attention if there are any issues.

Thank you.

http://www.pib.nic.in/newsite/pmreleases.aspx?mincode=3

Keynote Address by Modi at India-China Business Forum - 16 May 2015






   Source: http://pibphoto.nic.in/photo/2015/May/l2015051665518.jpg


Friends!

I am really happy to be here with you. Before coming to this forum, I had very detailed discussion with the CEOs of major Chinese companies. I am sure our interactions today will lead to benefits to the people and businesses of the two countries.

Alongwith me a number of officials and prominent Indian CEOs are also present here.

As you know, China and India are two great and old civilisations of the world. They have provided many lights of knowledge on the entire human society. Today, we together, represent more than one third of the Global population.

India and China have a common History of Five Thousand Years and a common Boundary of over Three Thousand and four hundred kilometers.

Two thousand years ago, at the invitation of the Chinese Emperor Ming, two Indian monks came to China. They brought many Sanskrit scriptures on two white horses. They translated many Buddhist classics and scriptures into Chinese language.

It is believed that they introduced Buddhism in China. The king built a temple in honour of this event. The temple is popularly known as White Horse Temple. The temple then increased in importance as Buddhism grew within China, and spread to Korea, Japan and Vietnam.

The serenity of Buddhism in Asian countries is the seed of their success. I strongly believe that this century belongs to Asia. And Buddhism will be a further unifying and catalysing force among the Asian countries.

Your famous scholars like Fa Hien and Hiuen Tsang have taught many secrets of Chinese wisdom to Indians. In addition, they discovered many secrets within India itself. Hiuen Tsang had visited my own home town in Gujarat. From his works, we know today that there was a Buddhist Monastery there. When Hiuen Tsang returned to China he brought with him Sanskrit scriptures and books of wisdom. The traditional systems of medicine of the two countries based on natural elements also have a lot in common.

In recent times too, this stream of knowledge is flowing across our borders. Prof. Ji Xianlin of Peking University was a great Sanskrit scholar. He spent most part of his life in translating Valmiki’s Ramayan into Chinese. Indian government has honoured him by bestowing a prestigious Award in 2008.

More recently, Prof. Jin Ding Han has translated Tulasi Ramayan into Chinese. Translations of Bhagwad Gita and Mahabharat are also popular with the Chinese people. I thank these Chinese scholars for introducing Indian culture to the Chinese people.

Friends! India has always been a knowledge society. Whereas, you have been an innovating society. Ancient China was highly advanced in Science and Technology. Like Indians, Chinese too sailed to Americas and distant corners of the world in their ships. They had the Mariners’ Compass and Gun Powder.

But I must add that during this time, Indian astronomy and mathematics were quite popular in China. Indian astronomers were appointed on the official boards set up to prepare calendars.

The Indian concept of Zero and that of nine planets have been helpful in discoveries in China. So, our ideas had a role to play in your innovations.

Thus, we have a lot in common and we can do a lot together. As we helped each other growing spiritually, we have to help each other growing economically. There are instances of such economic exchanges in the past. It is believed that China gave silk and Paper to India. We both have potentials of growth and problems of poverty which we can tackle together. I am personally committed to take the co-operative process forward.

That is why even as Chief Minister of Gujarat, I visited China. As Prime Minister too I am convinced and committed for exchange and co-operation for socio-economic development of the two countries.

I have lot of hope from the relationship which I and President Xi are trying to build. During his visit to India in September 2014, Chinese investments worth 20 billion US Dollars (Rs. 12 lakh-crore) were committed. We signed 12 agreements covering industrial parks, railways, credit and leasing, with cumulative amount of investments of 13 billion US Dollars.

We are very keen to develop the sectors where China is strong. We need your involvement. The scope and potential, the breadth and length of infrastructure and related developments is very huge in India. Just to give you some examples:

• We have planned to build 50 million houses by 2022. In addition, we are going to develop smart cities and mega industrial corridors;

• For this purpose, we have refined our FDI Policy in construction. We are also coming up with a regulatory framework for this sector;

• We have targeted 175 Giga Watts of renewable energy in next few years. In addition to generation, the issues of transmission and distribution of electricity are equally important for us;

• We are modernizing our Railway systems including signals, engines and railway stations. We are planning metro rail in fifty cities and high speed trains in various corridors;

• Similar is the case with Highways which we want to build in faster way;

• We are putting up new ports and modernizing the old ones through an ambitious plan called Sagarmala;

• Similar focus is on upgrading the existing Airports and putting up regional airports to enhance connectivity to places of economic and tourist importance;

• In financial services too, we are moving towards a more inclusive and faster delivery of financial products including bank loans and insurance;

• For this purpose we opened 140 million bank accounts; increased FDI in insurance upto 49% and have set up MUDRA Bank to fund the micro-businesses;

• Recently, I have launched innovative schemes for insurance and pension to enhance social security of our citizens.

In March this year, I had a discussion with Jack Ma of Alibaba in Delhi about possible co-operation for strengthening this micro-credit sector of India.

As you have successfully done, we also want to promote manufacturing in a big way particularly to create jobs for our youth who form 65% of our population.

Hence, we want to Make things in India. For this purpose, we have launched a campaign called “Make in India”. It is also the effort of my Government to encourage innovation, R&D and entrepreneurship in the country. In this year’s budget, we have set up some innovative institutional mechanisms for that purpose.

We have to learn from you about the development of labor-intensive industries, creating conditions for sustainable foreign direct investment, skill development, infrastructure creation and export-led development model.

All this is a historic opportunity for the Chinese companies. You would already be knowing the direction of my Government and the steps we are taking. We have committed ourselves for creating and improving the business environment. I can assure you that once you decide to be in India, we are confident to make you more and more comfortable.

Many Chinese companies have the possibility of investing in India to take advantage of India’s potentials. The potential lies in Manufacturing, processing as well as in infrastructure.

I am here to assure you that India’s economic environment has changed. Our regulatory regime is much more transparent, responsive and stable. We are taking a long-term and futuristic view on the issues. Lot of efforts have been made and are still underway to improve the ‘Ease of Doing Business’. We do believe that FDI is important and it will not come in the country without a globally competitive business environment. Therefore, we have rationalized a number of issues which were bothering the investors.

In particular,

• We are making the taxation system transparent, stable and predictable.

• We have removed lot of regressive taxation regimes. In our very first Budget, we said we will not resort to retrospective taxation.

• We are reducing the complicated procedures, making them available at one platform, preferably online;

• Simplifying the forms and formats has been taken up on war footing.

• Definite mechanisms for hand holding have been set up in the form of hub and spoke model. Invest India is the nodal agency for this purpose.

• In this year’s budget, we allowed Tax pass through for AIFs, rationalization of capital gains of REITs, modification in PE norms and deferring the implementation of GAAR for two years.

• We have fast tracked approvals in industry and infrastructure. This includes environmental clearances, extending the industrial licences, delicencing of defence items, and simplification of cross-border trade.

• Within a very short time, we introduced GST Bill in parliament.

Similarly, for infrastructure development, we have taken some far reaching steps.

• First of all we have made an all-time high allocation for Roads and railways sectors.

• In addition, we are setting up India Infrastructure Investment Fund.

• We have also allowed Tax free Bonds in the Infrastructure sector including roads and railways.

We know that a lot more has to be done. But we are committed to take this process forward. We are constantly working to improve the business environment further.

However, our initial measures have helped in building up an enhanced investor confidence. The sentiments for private investment and inflow of foreign investment are positive. FDI inflows have gone up by 39% during April-2014 and February-2015 against the same period in previous year;

Our growth rate is above 7%. Most of the international financial institutions including the World Bank, IMF, OECD and others are predicting even faster growth and even better in the coming years. MOODY’s have recently upgraded the rating of India as positive on account of our concrete steps in various economic fields.

Friends! Indo-Chinese partnership should and will flourish. I expect very good outcome from this coming together. We have complemented each other in the past. We can complement in the present and future too. As two major economies in Asia, the harmonious partnership between India and China is essential for economic development and political stability of the continent. You are the ‘factory of the world’. Whereas, we are the ‘Back office of the world’. You give thrust on production of hardware, while India focuses on software and services.

Similarly, Indian component manufacturers have been masters in high-quality precision and the Chinese players have mastered the art of mass production. The component design expertise of Indian engineers and low cost mass production by China can cater to the global markets in a better way. This industrial partnership of China and India can bring about greater investment, employment and satisfaction of our people.

Friends! Let us work together in mutual interest and for progress and prosperity of our great countries.

I would conclude by saying that now India is ready for business. You must be sensing the winds of change in India. I only advise to you to come and feel the same.

I assure you of my personal attention for your success.

Thank you very much.

Sunday, May 17, 2015

Knowledge Development - The Vedic Way - Eternal Enquiry



The vedic tradition did not put a full stop to understanding material world or spiritual world. That is why even today new gurus and babas are accepted in Hindu tradition. Shruti is there. But Smriti is equally valued. Only demand is that all present day Gurus must have full knowledge of Vedas. It is like the literature review we do in our Phd Theses. A new researcher has to show his understanding of the existing knowledge, show its shortcomings and develop a way of finding new knowledge that is useful to mankind in material or social or spiritual dimension.

Upanishads, a part of Vedas, show us the way. In Upanishads, questions are answered. Enquiry is encouraged, Discussion is encouraged. The upanishad tradition only resulted in various darshanas of Hindu way of life. It lead to discovery of various Gods and prayers to them. Even today people can question and abandon their existing faith and embrace new faith.


Swami Nikhilananda Saraswati, Head of Chimaya Mission's Delhi Unit wrote an article on the role of inquiry and scientific inquiry in religion. The article was published in "The Speaking Tree" on 4 July 2010 in page 3.

"Satya should triumph." - Swami Nikhilananda Saraswati

"Science negates all false beliefs and superstitions." - Swami Nikhilananda Saraswati

"The purpose of science and the aim of spirituality both are to arrive at truth, or, arrive at reality." - Swami Nikhilananda Saraswati

(When persons are) in tune with the Upanishads, they're not disturbed by scientific progress. It helps them comprehend the truth more easily. - Swami Nikhilananda Saraswati

Ultimately we should have love for the real, whether it comes from India, Pakistan or any other country; it doesn't matter. Satya should triumph. - Swami Nikhilananda Saraswati

Saturday, May 16, 2015

Jagadgurukshetras and Gurukshetras of India

Gurukshetras and Jadgurukshetras in India.


Kashi is the prime Jadgurukshetra in India. The four peethas established by Adi Shankaracharya are popular Jagadgurukshetras. We have to add the peethas of Ramanuja, Madhva, Desika, Vallabhacharya, Raghavendra Swamy, Chaitanya Mahaprabhu etc. to Jagadguru Kshetras. We have many more Gurukshetras in India.


Kashi is the prime Jadgurukshetra in India.
Kashi must have a public Vedic library where are pilgrims can go and read veda and purana related literature in their own mother tongue and also listen to lectures by Jnanis on how to live their life according to the precepts of Vedas, Puranas and current religious, social and political thinkers.


Tirtha Kshetras provide peace based on faith. Gurukshetras provide knowledge and wisdom.

Friday, May 15, 2015

India Culture - Indian Sociology



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CEC UGC





Indian Society, Institutions and Change

Rajendra K. Sharma
Atlantic Publishers & Dist, Jan 1, 2004 - 378 pages

The Book Highlights The Nature And Features Of Indian Society And The Charges That Has Taken Place In Various Social Institutions During Different Historical Phases.This Is Comprehensive Book And Covers Subjects Widely Prescribed In The Syllabi Of Various Indian Universities At The Under-Graduate And Post-Graduate Levels In Sociology. The Topics Covered Include Indian Society, Indian Society And Culture, Indian Society And Social Institutions, Social Change In India And Indian Social Institutions, Contemporary Indian Society And Culture.

While The Subject Has Been Presented In An Analytical Style With Central, Side And Running Headings, Integral And Holistic View Has Been Adopted, In Matters Having Different Opinions. The Language Is Easy And Free Of Technical Jargon As Far As Possible.
https://books.google.co.in/books?id=jBOh24IJ9t8C


Rowena Robinson
Professor of Sociology
Department of Humanities and Social Sciences
Indian Institute of Technology Bombay




PhD Thesis Title:

Religious ethics and values in India

Researcher: Suguna Kumari
Guide(s): Veerraju, G
Keywords: Philosophy
Religion
Issue Date: 13-May-2013
University: Andhra University
Award Date: 2013
Abstract: None
Pagination: 254p.
URI: http://hdl.handle.net/10603/8675
Appears in Departments: Department of Philosophy
http://shodhganga.inflibnet.ac.in/handle/10603/8675



Journal of Anthropological Survey of India
http://www.ansi.gov.in/download/journal-final.pdf

Wednesday, May 13, 2015

An Indian Research Paper with 6000+ Citations - A Big Achievement for Indian Science and Technology

 A 13-year-old research paper that proposed a computational method to help design cars and manage financial portfolios  has become the first ever from India to receive 6,000-plus citations from scholars worldwide.  The paper was autored by Kalyanmoy Deb, engineer turned computer scientist, faculty member of IIT Kanpur Kalyanmoy Deb and three undergraduate students of IIT Kanpur. It  has received 6,035 citations until weekend of 11 May 2015. .


Among more than 50 million research papers catalogued in a global scientific database called the Web of Science Core Collection, covering the period 1945 through 2015, only 541 have over 5,000 citations. This paper written exclusively by Indians from an Indian institution earned the distinction of being one among those 541 papers.  The paper was published in  2002 in the journal IEEE Transactions in Evolutionary Computation.  The paper described a strategy to find solutions to myriad problems that involve multiple and, at times, even conflicting goals and also to find multiple solutions of which only a few may be truly attractive.

The second most highly cited paper written exclusively by Indian authors is a 1995 paper by Gautam Desiraju, a professor of chemistry at the Indian Institute of Science, Bangalore, on crystal engineering. It has drawn over 2,900 citations.

The world’s highest cited paper has over 300,000 citations. It is a 1951 paper by a US scientist that described a method to measure proteins in a liquid.

Only 14,499 research papers among the 50 million listed in the Web of Science Core Collection database have more than 1,000 citations according to a paper published in the journal Nature in  October 2014. 50 papers from India get that distinction.

http://www.telegraphindia.com/1150511/jsp/nation/story_19384.jsp


Sunday, May 10, 2015

Mukesh Ambani Biography - Hindi - मुकेश अंबानी जीवनी






India TV  मुकेश अम्बानी  -  अंबानी  Story

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रिलांयस के कर्ताधर्ता रहे धीरूभाई अंबानी के बड़े  पुत्र मुकेश अंबानी का जन्म 19 अप्रैल, 1957 को यमन में हुआ.  मुकेश अंबानी की स्कूली शिक्षा मुंबई से हुई थी. इसके बाद उन्होंने मुंबई विश्वविद्यालय से ही केमिकल इंजीनियरिंग की डिग्री हासिल की|  वे एमबीए करने स्टैनफोर्ड यूनिवर्सिटी गए|   एक साल बाद ही वे कोर्स बीच में ही छोड़कर अपने पिताजी की सहायता के लिए भारत लौट आए.

वर्ष 1981 में मुकेश अंबानी रिलायंस ग्रुप में शामिल हुए. उन्होंने शुरुआत में टेक्सटाइल से पॉलिएस्टर फाइबर और फिर पेट्रोकेमिकल के क्षेत्र में अपना हाथ आजमाया. वे अपने प्रयास से इस कंपनी को नई उंचाइयों पर ले गए.

 उन्होंने रिलायंस इंडस्ट्रीज को नए मुकाम तक पहुंचाया. आज के समय वह  रिलायंस इंडस्ट्रीज के चेयरमैन, मैनेजिंग डायरेक्टर और कंपनी के सबसे बड़े शेयर धारक हैं.  उनकी सबसे बड़ी उपलब्धियों में जामनगर गुजरात में बुनियादी स्तर की विश्व की सबसे बड़ी पेट्रोलियम रिफाइनरी की स्थापना है.



2015

मुकेश अंबानी एक बार फिर विश्व के सबसे धनी भारतीय बन गए हैं 


फ़ोर्बेस द्वारा जारी दुनियां के तमाम अमीरों के सूचि में रिलायंस इंडस्ट्रीज के अध्यक्ष और प्रबंधक निदेशक मुकेश अंबानी एक बार फिर विश्व के सबसे धनी भारतीय बन गए हैं  इनकी कुल सम्पति  19.6 अरब डॉलर हैं।

विश्व में सबसे धनी व्यक्तियों की सूची में फोर्ब्स पत्रिका के मुताबिक अंबानी 47वें स्थान पर फिसल गए हैं। इससे पहले वह 39वें पायदान पर थे। वहीं सांघवी 48वें पायदान पर फिसल गए। इससे पहले विश्व के धनकुबेरों की सूची में वह 44वें पायदान पर थे। फोर्ब्स के अनुसार शीर्ष-50 में स्थान पाने वाले केवल दो भारतीय अंबानी और सांघवी हैं।


रिलायंस इंडस्ट्रीज का कारोबार



2014-2015
रिलायंस इंडस्ट्रीज का शुद्ध लाभ मार्च 2015 में समाप्त चौथी तिमाही में ऊंचे रिफाइनिंग मार्जिन की बदौलत 8.5 फीसदी से बढ़कर 6,381 करोड़ रुपये हो गया।
साल की चौथी तिमाही का यह एकीकृत लाभ पिछले साल की इसी अवधि में 5,881 करोड़ रुपये रहा था।
वित्त वर्ष 2014-15 की चौथी तिमाही (जनवरी से मार्च) के दौरान कंपनी का कारोबार 67,470 करोड़ रुपये रहा, जबकि एक साल पहले इसी अवधि में यह 1,03,428 करोड़ रुपये रहा था। कच्चे तेल के दाम में गिरावट आने से कंपनी का कारोबार कम हुआ है। हालांकि, इस दौरान कंपनी का मार्जिन 10.1 डॉलर प्रति बैरल रहा जो कि  पिछले साल की तुलना में यह 9.3 डॉलर प्रति बैरल था।



Sources

Jagranjunction

career7India

Inauguration - 2.5 MT modernized and expanded IISCO Steel Plant at Burnpur, West Bengal



PM's remarks after dedication to the nation of 2.5 MT steel plant at IISCO, Burnpur

The Prime Minister, Shri Narendra Modi, today described the Union Government and 29 State Governments as 30 pillars of "TEAM INDIA" which would take India forward. Addressing a large public meeting at Burnpur after dedicating to the nation the 2.5 MT modernized and expanded IISCO steel plant at Burnpur, the Prime Minister mentioned various instances of cooperative federalism of recent months, including the setting up of the NITI Aayog, and the devolution of additional revenues to the States through acceptance of the recommendations of the 14th Finance Commission.

"Koi "iisco" kahe, koi usko kahe, lekin aaj ka avsar toh hum sabko garv dene vaala hai," the Prime Minister said.

The Prime Minister said that the decades old Land Boundary issue between India and Bangladesh had been successfully resolved through the same spirit of Team India, as all state governments and political parties had come together to support the resolution of the issue.

The Prime Minister said it was time for India to address the issue of "geographical imbalance" too along with economic and social imbalance. He said that eastern India too should develop as fast as western India is developing, and for that, development of Bengal is essential.

The Prime Minister said "District Mineral Foundations" would be set up to help speed up progress and welfare of the poor in the mineral-rich districts. He said that within a year, the atmosphere of gloom has lifted, and all global rating agencies now agree that India is among the world's fastest growing economies.


http://pib.nic.in/newsite/erelease.aspx?relid=121521


Modernization and Expansion:  Rs. 16,000 cr.

Hot metal capacity:  Pre expansion:  0.85 million tonnes per annum.  After expansion 2.9 million tonnes per annum.

Major Units:  New Coke Oven Battery, New Sinter Plant, Largest Blast Furnace - "Kalyani"
New BOF, New Billet Casters, Bloom cum Bean Blank Caster, New Bar Mill, New Wire Rod Mill, and Universal Section Mill.

Friday, May 8, 2015

Aswamedha Yajna - Procedure, Benefits and Clarifications



Kings are supposed to perform Aswamedha Yajna.

What could be its purpose?

Its purpose is to show to the people of the kingdom that the king and his law is respected by everybody in his borders. The horse is free to go anywhere in the boudaries of the kingdom. It is respected and welcome everywhere. The king's army and ministers follow the horse. They are respected. It shows to everybody that the king is respected. Sometimes people protest by stopping the horse. Then effort are made to pacify the people by finding out their problems and solving them. It is clear in the fight between Ram and his sons that Ram was trying to reason out with his sons to accept his authority and release the horse. It is simply not fighting. It is showing obedience to king. If there is civil disobedience, then efforts are there to create obedience. Fighting is the last resort.



Concept of Aswamedha
http://www.awgp.org/social_initiatives/ashwamedh/concept

Macromarketing Research for Make in India

Marketers have to do macromarketing research. What is that? Marketing research is the systematic design, collection, analysis, and reporting of data and findings relevant to a specific marketing situation facing the company. It is the definition given by the great marketing guru Philip Kotler in his book Marketing Management.  If this is a definition applicable to a company, then how can we extend this idea to macroeconomy? Macromarketing research is the systematic collection, analysis, and reporting of data and findings relevant to a specific marketing situation facing the macroeconomy.  Who is going to commission macromarketing research?  All persons and entities who are interested in development of macroeconomy will be interested to commission macromarketing research. What is my purpose in proposing this idea of macromarketing research?
The purpose is to bring out the fact that marketers of various companies will have confidence in the estimates of demand at country level and world level for various products made by marketing experts. Hence the need for macromarketing research, which is data and information relevant to macroeconomy level marketing problem.

Make in India needs macromarketing research.  Newspapers like Economic Times are not able to highlight the role of increased incomes in macroeconomy. They are fixated on reduction interest rates. They keep harping on that point, to increase growth we need to reduce interest rates. But the basic variable in growth model is not interest rate fixed by Reserve Bank of India. In the analysis of supply and demand, income appears as an important variable. If income increases, demand increases. In the year 2014-2015, Indian economy grew by approximately 6%. It means incomes of people have gone up. It means demand is going up. Marketing has to find for what products this demand is going up and the amount of demand for each product. This marketing research information can be given to potential suppliers to create additional capacity and supply the product. As we all know, it supply does not go up, increase in demand will drive up prices and the economy will stagnate. Even though some suppliers make huge profits, as a whole potential suppliers will make less profit. Proper marketing information when used rationally by potential suppliers provides more goods to the society and also it provides more profits to the potential suppliers as a group.


Make in India has immense potential. But it is not visible as there is no macromarketing research output.

Maharana Pratap - Hindi Essay - महा राणा प्रताप जीवनी

महा राणा प्रताप
जन्म दिन  9 May 1540


महाराणा प्रताप ( जन्म: 9 मई, 1540 ई, - मृत्यु: 29 जनवरी, 1597 ई.  शासन काल 1568-1597 ई. ) उदयपुर, मेवाड़ में सिसोदिया राजवंश के राजा थे। उन्होंने कई सालों तक मुगल सम्राट अकबर के साथ संघर्ष किया।

हल्दीघाटी युध

प्रताप और जहाँगीर का संघर्ष

हल्दीघाटी के इस प्रवेश द्वार पर अपने चुने हुए सैनिकों के साथ प्रताप शत्रु की प्रतीक्षा करने लगे। दोनों ओर की सेनाओं का सामना होते ही भीषण रूप से युद्ध शुरू हो गया और दोनों तरफ़ के शूरवीर योद्धा घायल होकर ज़मीन पर गिरने लगे। प्रताप अपने घोड़े पर सवार होकर द्रुतगति से शत्रु की सेना के भीतर पहुँच गये और उस जगह पर पहुँच गये, जहाँ पर 'सलीम' (जहाँगीर) अपने हाथी पर बैठा हुआ था। प्रताप की तलवार से सलीम के कई अंगरक्षक मारे गए और यदि प्रताप के भाले और सलीम के बीच में लोहे की मोटी चादर वाला हौदा नहीं होता तो अकबर अपने उत्तराधिकारी से हाथ धो बैठता। प्रताप के घोड़े चेतक ने अपने स्वामी की इच्छा को भाँपकर पूरा प्रयास किया और तमाम ऐतिहासिक चित्रों में सलीम के हाथी के सूँड़ पर चेतक का एक उठा हुआ पैर और प्रताप के भाले द्वारा महावत का छाती का छलनी होना अंकित किया गया है। महावत के मारे जाने पर घायल हाथी सलीम सहित युद्ध भूमि से भाग खड़ा हुआ।


इस समय युद्ध अत्यन्त भयानक हो उठा था। सलीम पर प्रताप के आक्रमण को देखकर असंख्य मुग़ल सैनिक उसी तरफ़ बढ़े और प्रताप को घेरकर चारों तरफ़ से प्रहार करने लगे। प्रताप के सिर पर मेवाड़ का राजमुकुट लगा हुआ था। इसलिए मुग़ल सैनिक उसी को निशाना बनाकर वार कर रहे थे। राजपूत सैनिक भी उसे बचाने के लिए प्राण हथेली पर रखकर संघर्ष कर रहे थे। परन्तु धीरे-धीरे प्रताप संकट में फँसता जा रहे थे। स्थिति की गम्भीरता को परखकर 'झाला सरदार' ने स्वामिभक्ति का एक अपूर्व आदर्श प्रस्तुत करते हुए अपने प्राणों का बलिदान कर दिया। झाला सरदार 'मन्नाजी' तेज़ी के साथ आगे बढ़ा और प्रताप के सिर से मुकुट उतार कर अपने सिर पर रख लिया और तेज़ी के साथ कुछ दूरी पर जाकर घमासान युद्ध करने लगा। मुग़ल सैनिक उसे ही प्रताप समझकर उस पर टूट पड़े और प्रताप को युद्ध भूमि से दूर निकल जाने का अवसर मिल गया। उसका सारा शरीर अगणित घावों से लहूलुहान हो चुका था। युद्धभूमि से जाते-जाते प्रताप ने मन्नाजी को मरते देखा। राजपूतों ने बहादुरी के साथ मुग़लों का मुक़ाबला किया, परन्तु मैदानी तोपों तथा बन्दूकधारियों से सुसज्जित शत्रु की विशाल सेना के सामने समूचा पराक्रम निष्फल रहा। युद्धभूमि पर उपस्थित बाईस हज़ार राजपूत सैनिकों में से केवल आठ हज़ार जीवित सैनिक युद्धभूमि से किसी प्रकार बचकर निकल पाये।


महा राणा प्रताप जीवनी
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महाराणा प्रताप   - Bharat Discovery article

महाराणा प्रताप   - Biography in Hindi
http://days.jagranjunction.com/2012/05/24/maharana-pratap-bipgraphy-in-hindi/

महाराणा प्रताप 
Navabharat Times Article, 2010
http://navbharattimes.indiatimes.com/articleshow/6046727.cms




महाराणा प्रताप  वीडियो सीरियल                                 https://www.youtube.com/show/bharatkaveerputramaharanapratap


6 May 2015  Episode 412
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SET India

India's World Top 2000 Firms




2015


http://www.forbes.com/global2000/list/#tab:overall


India has 56 Comapanies

http://www.forbes.com/global2000/list/2/#country:India

At the bottom is IndusindBank at 1987 with sales of  $1.9 billion.

At the top is Reliance Industries Limited with sales rank 142 and sales of 71.7 billion.


India Home to 56 Companies
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Mint Upload

Wednesday, May 6, 2015

First Year of Narendra Modi Government - May 2015 - Assessments and Evaluations by Experts from India and Abroad


Shri Narendra Modi took oath as Prime Minister of India on 26 May 2014. He will be entering the second year of the five year term on 26 May 2015. Already the first year reviews have started appearing in the press as well as digital media. Also TV channels are organizing panel discussions. I shall try to follow some of them in this page.






5 May 2015

In USA, US International Trade Commission held public hearings on India - USA business relations. Rick Rossow of Center for Strategic and International Studies gave the opinion, in the first year Modi government has done better than Vajpayee and Singh Governments to improve business climate.

He said that the focus has  been on economic decisions with a prospective effect and much  attention was not paid on issues that are current investor concerns,

As at the end of February 2015, FDI  for the most recent 12 month period is $32.5 billion which is 38 per cent over the corresponding 12 month period.

At the end of April 2015, foreign institutional investment for the 12 month period was more elastic at $47.2 billion up by 640 per cent over the corresponding 12 months.

http://economictimes.indiatimes.com/news/politics-and-nation/bjp-governments-first-year-is-one-of-the-best-years-of-indian-economic-reform-us-expert/articleshow/47173271.cms

Friday, May 1, 2015

Seventh (7th) Pay Commission News


7th Central Pay Commission Government website  http://7cpc.india.gov.in/


Representation by Karnataka Confederation of Central Government Employees and Workers

http://7thpaycommissionnews.in/7th-central-pay-commission-meeting-with-coc-karnataka/





7th Central Pay Commission Terms of Reference 


Cabinet approved ToR of 7th CPC

7th Central Pay Commission

            The Union Cabinet today gave its approval to the Terms of Reference of 7th Central Pay Commission (CPC) as follows:-

a)      To examine, review, evolve and recommend changes that are desirable and feasible regarding the principles that should govern the emoluments structure including pay, allowances and other facilities/benefits, in cash or kind, having regard to rationalization and simplification therein as well as the specialized needs of various Departments, agencies and services, in respect of the following categories of employees:-





                         i.                   Central Government employees-industrial and non-industrial;
                       ii.                    Personnel belonging to the All India Services;
                     iii.                    Personnel of the Union Territories;
                     iv.                   Officers  and   employees   of  the   Indian  Audit  and   Accounts Department;
                       v.                   Members of regulatory bodies (excluding the Reserve Bank of India) set up under Acts of Parliament; and
                     vi.                    Officers and employees of the Supreme Court.

b)      To examine, review, evolve and recommend changes that are desirable and feasible regarding principles that should govern the emoluments structure, concessions and facilities/benefits, in cash or kind, as well as retirement benefits of personnel belonging to the Defence Forces, having regard to historical and traditional parities, with due emphasis on aspects unique to these personnel.

c)      To work out the framework for an emoluments structure linked with the need to attract the most suitable talent to Government service, promote efficiency, accountability and responsibility in the work culture, and foster excellence in the public governance system to respond to complex challenges of modern administration and rapid political, social, economic and technological changes, with due regard to expectations of stakeholders, and to recommend appropriate training and capacity building through a competency based framework.

d)     To examine the existing schemes of payment of bonus, keeping in view, among other things, its bearing upon performance and productivity and make recommendations on the general principles, financial parameters and conditions for an appropriate incentive scheme to reward excellence in productivity, performance and integrity.

e)      To review the variety of existing    allowances presently available to employees in addition to pay and suggest their rationalization and simplification, with a view to ensuring that the pay structure is so designed as to take these into account.

f)       To examine the principles which should govern the structure of pension and other retirement benefits, including revision of pension in the case of employees who have retired prior to the date of effect of these recommendations, keeping in view that retirement benefits of all Central Government employees appointed on and after 01.01.2004 are covered by the New Pension Scheme (NPS).

g)      To make recommendations on the above, keeping in view:

i.                     the economic conditions in the country  and need for fiscal prudence;
ii.                    the need to ensure that adequate resources are available for developmental expenditures and welfare measures;
iii.                  the likely impact of the recommendations on the finances of the State Governments, which usually adopt the recommendations with some modifications;
iv.                  the prevailing emolument structure and retirement benefits available to employees of Central Public Sector Undertakings; and
v.                    the best global practices and their adaptability and relevance in Indian conditions.

h)      To recommend the date of effect of its recommendations on all the above.
The Commission will make its recommendations within 18 months of the date of its constitution.  It may consider, if necessary, sending interim reports on any of the matters as and when the recommendations are finalised.

http://7thpaycommissionnews.in/7th-central-pay-commission-terms-of-reference-cabinet-approved-tor-of-7th-cpc/


7th Pay Commission Members



1. Justice Shri Ashok Kumar Mathur, Chairman
2. Shri Vivek Rae, Member
3. Dr. Rathin Roy, Member
4. Smt. Meena Agarwal, Secretary


Contact Address:

Chatrapati Shivaji Bhawan,
1st Floor, B-14/A, Qutab Institutional Area,
New Delhi 110016
Post Box No. 4599, Hauz Khas P.O.
Tel Number:- 26517097
E-mail:- secy-7cpc@nic.in


2015
March 2015
What Central Govt. Employees can expect from 7 Pay Commission
http://articles.economictimes.indiatimes.com/2015-03-29/news/60603022_1_7th-central-pay-commission-cabinet-secretary-indian-railways