World Bank to invest $1 bn in transport
sector
New Delhi: World Bank plans to invest $1 billion
a year in India's transport sector, and has proposed a
separate 'Road Maintenance Fund' through fuel tax and
user charges for development of highways.
The
august organization has been investing about $1 billion
per annum in the last two years and says it will continue
to invest 700 million to $1.0 billion per annum in the
coming years as well. The organization says it is not
keen to increase investment because of the slow progress
in road projects in India.
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Prasar
Bharati's DTH venture gets go ahead
New Delhi: The ministry for Information and Broadcasting
(I&B) has given the go ahead to the direct-to-home
(DTH) proposal of Prasar Bharati, which will be placed
before the Cabinet shortly.
The
broadcasting venture, which will use KU band and is not
a commercial venture, is likely to take off by December.
Sources
in the I&B Ministry said that an investment of Rs
165-crore would be made in the DTH venture which is likely
to service a large part of South Asia including Afghanistan.
The DTH platform will initially air about 30 channels
besides taking on board the free-to-air channels of the
private broadcasters.
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India
to invest $1 billion in Asia Bond Fund
Bangalore: According to an official from the Kingdom
of Thailand, India will invest $1 billion in the Asia
Bond Fund (ABF). A 100-member delegation is at present
visiting India. The team is headed by Korn Dabbanrransi,
deputy prime minister, Kingdom of Thailand.
The
official told media persons on the sidelines of the CII
Round Table on Information Technology in Bangalore on
Friday that Indian prime minister Atal Behari Vajpayee
and the foreign ministry had confirmed India's contribution
to this fund.
Recently,
the Thailand prime minister Thaksin Shinawatra announced
the launch of an Asia Bond Fund backed by 11 Asia-Pacific
countries Japan, China, Australia, Thailand, the
Philippines, Malaysia, Indonesia, Singapore, Hong Kong,
South Korea and New Zealand. Other participating countries
are expected to make separate announcements about joining
the fund.
The
International Monetary Fund has said it will consider
investing in the Asia bonds, which can count as part of
a participating country's foreign reserves
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Tribunal
allows limited mobility
New Delhi: The Telecom Dispute Settlement Appellate
Tribunal (TDSAT) has ruled that it is legal for the fixed
service providers to offer limited mobility (WLL) services
under the terms of their basic licence.
However,
the Department of Telecommunications (DoT) in consultation
with the Telecom Regulatory Authority of India (TRAI),
has said that within a period of four months, it would
look into the issue of providing a level playing field
for cellular operators by way levying additional entry
fees and spectrum charges on basic operators for providing
the service.
TDSAT
said that no doubt the entry of basic service operators
with limited mobility services has affected the cellular
mobile service providers in an area, where competition
was limited but the reasons given by TRAI for not recommending
any additional entry fee for this service are not convincing
enough as this is an enormous value added service over
the fixed service which basic operators have been providing.
The
Cellular Operators Association of India (COAI) said it
was considering an appeal before the Supreme Court against
the TDSAT ruling which allowed basic operators to offer
WLL limited mobility (WLL-M) services.
They
said the TDSAT order had addressed a large number of their
concerns, though the legality of WLL-M is still in question.
Reliance
Infocomm, the largest WLL mobile service provider in the
country, said the TDSAT verdict of upholding the government's
WLL policy would end the uncertainties among consumers.
Chairman
of Spice Communications, B K Modi, said the option of
the industry players resorting to an out-of- court settlement
was more feasible than spending more time on the issue
in court battles.
The
Association of Basic Telecom Operators welcomed the judgement.
"We are very happy about the judgment by the TDSAT
confirming WLL-M to be a legal telecom service, ABTO president
S Ramakrishnan said.
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Indian
salary hikes third highest in Asia-Pacific
New Delhi: According to figures compiled by consulting
firm Mercer Human Resource Consulting, Indian salaries
have risen by an average 9.3 per cent a year since 2001-02.
While in 2001-02 and 2002-03 salaries were hiked by 10
per cent, the rise is estimated to be 8 per cent for 2003-04.
The other countries which saw increments higher than in
India were Indonesia and the Philippines 16.03 per cent
and 10.96 per cent, respectively.
Against
this in the same period in Australia, the average annual
hikes was 4.13 per cent, Hong Kong 2.53 per cent Japan
2.6 per cent in Japan, Singapore 3.43 per cent, China
8.23 per cent in China and Thailand 6.06 per cent.
The
main reason for this is that in India pay scales were
very low to begin and will take a long time to catch up
with prevailing salaries in many developed Asian countries.
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Food
regulatory body may be set up
Nagpur: As the 'pesticides in cola'
controversy over Pepsi and Coca-Cola rages, the food processing
industries ministry is giving final touches to the Food
Bill 2002, and has already given out a draft.
The
Bill proposes setting up a regulatory authority and a
"council for food standards," and aims to integrate
all laws related to food and food processing industries
under a single statute to be called the Food Act. The
food sector is governed by over 30 laws, administered
by the central and the state governments. All these laws
will be being unified into a single law now.
The
Bill is likely to be tabled in Parliament soon.
The
regulatory body, to be called the Food Development and
Regulatory Authority of India, will be headed by a high
court judge or a person of eminence from the food sector.
It will have not more than four members from the industry.
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BIScould
be made marking agency
New
Delhi: The Central Government is also considering
making the Bureau of Indian Standards (BIS), the nodal
marking agency and is soliciting opinions of all concerned
ministries on the subject.
If
the proposal is pushed through with the concurrence of
the commerce, food, health, food processing and other
concerned departments, it would result in BIS being able
to lay down quality standards mandatorily not just for
non-food products, but also for all food products.
At
present BIS standards adhering to which means the
issue of ISI mark to various products across the board
are applied only to 134 items. For another 12,000
items, the standards are voluntary.
Only
two products, packaged water and biscuits, come under
the purview of the BIS whereas quality standards for products
such as soft drinks are reinforced under the Prevention
of Food Adulteration (PFA) Act which comes under the ambit
of the health ministry.
Other
standards like Agmark, PFA Act, the FPO (fruit products
order), MPO (meat products order) and MMPO (milk and milk
products order) fall under a number of ministries and
departments, making coordination of surveillance and quality
imposition for consumables and non-consumables very difficult.
The
new law if pushed through should ensure food standard
compliance by facilitating the following: setting up of
equipped and certified laboratories for food testing/self
regulation; information flow to state governments on food
safety and risk management.
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