Intas to launch first biosimilar in US in 9 to 12 months.
Monday, June 22, 2015
Sunday, June 21, 2015
Zillar Udyog Mitra Meeting 1 Dec 2014
Thane Belapur Industries Assocation
Nationalism is love for the country and countrymen.
What does it mean for Indians. Are you an Indian and nationalist? What does it mean. It means you love the nation, its history, traditions and people. In India, multiple religions came into existence. You accept all of them and love any Indian belonging to any religion equally.
Wednesday, June 17, 2015
BBC Podcasts by Sunil Khilnani - Started in May 2015
11 May 2015 Welcome
12 May 2015 Buddha - Mahavira
13 May 2015 Panini
14 May 2015 Kautilya (Chanakya)
15 May 2015 Ashoka
18 May Charaka
19 May Aryabhata
20 May Shankaracharya
21 May Rajaraja Chola
22 May Basavana
25 May Amir Khusro
26 May Kabir
27 May Guru Nanak
28 May Krishnadevaraya - http://www.bbc.co.uk/programmes/b05w47hh
17 June 2015
Telecom Minister Ravi Shankar Prasad said that Government has approved 21 electronics manufacturing clusters so far partnership with two industry groups.
Govt. received investment proposals worth Rs. 65,000 cr. and approved proposals worth Rs.9,000 cr. so far under M-SIPS.
A Discussion on Electronics Policy April 2015
200 clusters will be opened.
Each will be given a support of Rs. 50 cr by Government for 100 acre cluster.
24 December 2014
Electronics Manufacturing Clusters (EMC) Scheme now provides financial assistance for creating world-class infrastructure for electronics manufacturing units and Modified Special Incentive Package Scheme (M-SIPS) provides financial incentives to offset disability and attract investments in the manufacturing of electronics products (including telecom).
Electronic Development Fund to promote Electronic System Design and Manufacturing (ESDM)has been set up Promotion of Electronic Manufacturing Clusters: foundation stone laid at Bhopal and Jabalpur. In principle approval given to 16 more clusters.
Giving importance to the skill development in Electronic System Design and Manufacturing (ESDM) sector, the Prime Minister again took time to lay foundation stone for National Institute for Electronics & Information Technology (NIELIT) center Ranchi.
(Release ID :114054)
Electronics Industry - India - Policy, Plan and Programmes - 8 Jan 2014
Updated on 17 June 2015
First Published on 13 Feb 2015
Vodafone raised Rs.7,700 cr. in rupee bond sale. The sale was done at a coupon of 10.25% by Vodafone South for Rs.1,500 core, Vodafone Essar Cellular for Rs.2,500 cr. and Vodafone Spacetel for Rs.3,500 cr.
17 April 2015
Taxi app Ola has secured $400 million or Rs. 2500 cr. and the firm was valued at $2.4 billion.
8 April 2015
MUDRA Pradhan Mantri Micro Units Development Refinance Agency launched.
24 March 2015
Government will get Rs. 30,000 crore from spectrum auctions in the next financial year.
P-Notes amounts Rs. 2.7 lakh crore in Feb 2015. This is a 7 year high figure. The previous high figure was Rs. 3.23 lakh crore.
Government finalized first half borrowing for 2015-16. The amount to be raised is Rs. 3.6 lakh crore. Total budgeted amount is Rs. 5.92 crore.
Government plans to raise Rs. 10,000 crore through 40-year bonds.
In Feb 2015, 73 transactions worth $737 million were sealed in India.
In Feb 2014, 31 deals worth $794 million took place.
Farm loans may rise 17% to Rs. 7.5 lakhs by end of year 2014-15 (Jan 2015)
Non food credit has risen by 9.7% to Rs. 58.6 lakh crore.
Tuesday, June 16, 2015
Hahnemannian Homeo Forum
Govindji Apartments, Below Bodas Hospital, Besides Saibaba Mandir, Teen Petrol Pump, Naupada,
Thane West - 400 602
Phones: 022-25408650, 09323871022
(Web counter showed 2113 visitors on 16 June 2015)
Sunday, June 14, 2015
Agricultural land (sq. km) in India 1810400.0 1825730.0 [+]
Agricultural land (% of land area) in India 60.9 61.4 [+]
Arable land (hectares) in India 162788000.0 162717000.0 [+]
Arable land (hectares per person) in India 0.2 0.2
Shrinking Agricultural land in India - 2011
The cultivable land in India has shrunk marginally by 0.43% to 182.39 million hectare in last five years.
This is due to shift in area for non-agricultural purposes such as buildings, road and railways among others.
The total agricultural land in 2003-04 was 183.19 million hectares against 182.39 million hectare in 2008-09, a fall of 0.80 million hectare, according to the government data.
Updated 14 June 2015.
First published 26 Oct 2014
Sunday, June 7, 2015
HDFC Equity - Franklin India Blue Chip Fund - Reliance Growth Fund - Franklin India Prima Fund - Birla Sun Life Advantage Fund
Article in Economic Times dated 8 June 2015
Fund Manager Prashant Jain
Nature of Scheme - Open Ended Growth Scheme
Inception Date: January 01, 1995
HDFC Equity Fund
HDFC Equity Fund – Direct Plan
Each Plan offers Growth Option and Dividend Option. Dividend Option offers Payout and Reinvestment Facilities.
Direct Plan is for investors who purchase /subscribe Units in a Scheme directly with the Fund and is not available for investors who route their investments through a Distributor.
Entry Load: NIL
Unfront commission shall be paid directly by the investor to the ARN Holder (AMFI registered Distributor) based on the investors' assessment of various factors including the service rendered by the ARN Holder.
(as a % of the Applicable NAV)
In respect of each purchase / switch-in of units, an Exit Load of 1.00% is payable if Units are redeemed / switched-out within 1 year from the date of allotment..
No Exit Load is payable if Units are redeemed / switched-out after 1 year from the date of allotment.
Growth Option 05 Jun 2015 452.8870
1 year 11.8%
Since inception 20.5
The fund remains a compelling choice for investors.
HDFC Equity Fund easily ranks among the best funds in the India large-cap category, in our opinion.
Franklin India Blue Chip Fund
Date of allotment 1 December 1993
5 June 2015
1 Year 21.2%
5 Years 12.9
10 Years 18.4
Since Inception 20.7
we reiterate the fund’s Gold rating.
Reliance Growth Fund
AUM Cr. 5,405
1 Year 23.4
5 Years 11.8
10 Years 19.2
Since Inception 24.6
Franklin India Prima Fund
1 Year 38.5
5 Years 20.5
10 Years 17.9
Since Inception 21.4
Birla Sun Life Advantage Fund
AUM cr. 463
1 Year 26.2%
5 Years 13.8
10 Years 15.6
Since Inception 19.4
Make in India - Air Planes and Air Ports - Related Products and Components - $20 Trillion Economy Opportunity
Five international airports (Delhi, Mumbai, Cochin, Hyderabad, Bengaluru) have been completed successfully under PPP mode.
Greenfield airport at Navi Mumbai, Mopa (Goa) and some brownfield airports of Airports Authority of India (AAI) and 50 airports under the low cost model are to be developed all over the country, including under PPP.
India’s middle income population (potential air travel users) is expected to increase to 267 Million by 2016.
India plans to increase the number of operational airports to 250 by the year 2030.
Prime Minister Narendra Modi's Speech in support of Make in India in Aero India 2015 Show
India is the ninth largest aviation market in 2014. It handled 121 million domestic and 41 million international passengers. The sector will have big growth and is expected to handle 336 million domestic and 85 million international passengers by 2020, making India the third largest aviation market. The commercial fleet size is expected to grow from 400 today to 1,000 aircraft by 2020.
In May 2015, Mumbai city airport handled 3.63 million passengers. This comprises of 25.7 lakh domestic travellers and 10.6 lakh international travellers. The domestic travellers increased by 19% from 21.6 lakhs in May 2014 to 25.7 lakh in 2015.
MRO facilities in the country
India will set up 500 air ports by 2020.
India will be third large aerofleet country by 2020.
India will be the largest in air transportation by 2030.
Report on Regional flights growth by A T Kearney
Updated 22 Feb 2015, 13 Feb 2015
Saturday, June 6, 2015
2013-14 TOP 45 AIRPORTS
1. DELHI (DIAL)
2. MUMBAI (MIAL)
4. BANGALORE (BIAL)
6. HYDERABAD (GHIAL)
19. NAGPUR (MIPL)
TOTAL OF 45 AIRPORTS
India's population is above 1200 million or 120 crore. We can take 4 member family as typical family and think that it has a man and wife and one parent and one child. This family requires one employed person. Of course, we can change the norm and say both man and wife are employed. If we say, one employed person for average family, we require 30 crore jobs. If we say, two employed persons, we require 60 crore jobs.
What is the investment required for creating 300 million jobs? Actually if we take present employment statistics, the total employment in the country will be more than 30 crore. Agriculture provides 26 crore jobs and the rest of the sector provides provides at least 5 crore jobs. But there is a need to move employment from agriculture to manufacturing and services.
Employment Creation during 2014
October - Dec 2014 - 1.17 lakhs
July Sep 2014 - 1.58 lkhs
April - June - 1.82 lakh
24th quarterly survey conducted by Labour ministry covering 2,077 sample units across eight selected sectors.
89,000 jobs in IT/BPO
79,000 in Textiles and Apparel
Actual employment at the end of 2013 is now given as 459.5 million.
Actual employment at the end of 2013 is now given as 459.5 million. The plan for 2022 is 578.6 million.
A study by DIPP on investment and job creation shows that for one crore investment the following number of jobs were created between 1991-2014
1. Industrial instruments - 103.2
2. Leather and leather goods - 42.0
3. Commercial household equipments - 25
4. Earth moving machiinery - 15.1
5. Miscellaneous industries - 14.1
Source for information:
India Can Create 25 Crore Jobs in Two Years
Can we take 25 persons employment for one crore investment as norm (Labour and employee intensive industrialization) and develop our industries around it? It would mean we can create 25 crore jobs in manufacturing sector. For that, we require (25/25) crore crores investment.
1 crore crore rupees = (1/62.5)* 10 million * 10 million dollars = (100/65) million million dollars = 1.6 trillion.dollars.
India is going to invest 800 billion dollars this year 2015-16 and 880 billion in 2016-2017. So that would create the required number of jobs in the next two years.
So if India takes a policy decision to support setting up and manufacturing and service projects that provide employment to one person for four lakh rupees investment, it can provide employment to 25 crore people in the next two years and solve its employment problem.
According to 2001-2002 census, small scale industries provide emplyment to 7 persons for 5 lakh investment. Large industries provided one job for 5 lakh investment.
Source: See page from Book - Indian Economy 2010-2011
If Highly Automated Production System is Employed
But what happens if only 4 jobs are created (highly automated production system) for one crore of investment.
It would mean, to create 25 crore jobs in manufacturing sector, we require (25/4) crore crores investment.
6.25 crore crore rupees = (6.25/62.5)* 10 million * 10 million dollars = 10 million million dollars = 10 trillion.dollars.
India is going to invest at an average of One trillion dollars for the next years. Hence, it is possible to employ 30 crore people appropriately in agriculture, industry and services sectors in 10 years.
India's employment structure can be transformed in the next 10 year and large number of people will be shifted to manufacturing and service sectors in the next 10 years. If the industry and businessmen concentrate on employment in the first five years, they will have opportunity to concentrate on productivity improvement through automation in the next five years.
20 Crore Jobs in Next Two Years Sufficient
Realistically, we need to create only 20 crore new jobs in industry and service sectors. 5 crore people can remain employed in Agriculture. 5 crore people are already employed in industry and service sectors. So only 20 crore new jobs are to be created.
Hence the break up of 20 crore jobs can be 18.2 crore producers, 1.6 crore supervisors, 0.2 crores managers.
The average salary of producers can be Rs. 6000 per month, that of supervisors Rs. 10,000 per month, and that of managers Rs. 20,000 per month.
Persons given skill training through ITIs, skill development institutions,, technical schools and high schools are employed as producers of goods and services. Diploma holders and graduates can be employed as supervisors. Graduates, post graduates, and post graduate professionally certified people can be employed as managers.
8 April 2015
News item in Economic Times Page 17
EPFO updated its accounts for 2014-15 on 1 April 2015 itself. 15.54 crore accounts were updated in a day.
What does it mean? Are there that many employees in India with provident fund accounts?
Times of India - News item on Page 11
Cabinet cleared hike in dearness allowance to 113% from 107% from 1st Jan 2015. The decision will benefit 48 lakh govt. employees and 55 lakh pensioners. It will cost Rs. 6,762.24 cr per annum
Updated: 20 April, 8 April 2015, 23 March 2015, 22 March 2015, 17 March 2015