J&K's
anti women bill unlikely to be passed
Jammu: As women groups in the University in Jammu
and lawyers unions took to the streets, the chief of the
state legislative council said that a controversial bill,
which seeks to bar local women from the right to acquire
property in the state, would require a two-thirds majority
and that the state government is unlikely to get those
numbers.
The council has a total strength of 36 members out of,
which six chairs are lying vacant. The
National Conference with fifteen members and the PDP with
four are both in favour of the bill but it still does
not add up to a two-thirds majority, which is what the
bill requires.
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French Minister: Reforms will lead
to economic boom
New Delhi: The French Minister for Industry, Energy
and Telecommunications, Ms Nicole Fontaine, has said that
the economic reforms in India would eventually lead to
an "economic boom".
Addressing
a meeting organized by the Confederation of Indian Industry
(CII) Ms Fontaine said that bilateral trade, which had
tremendous scope, was far below potential, with France
being the eighth largest investor in India. She urged
businessmen of both the countries to capitalize on the
friendship between the two countries.
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Panel
set up for quarterly review of economy
New Delhi: The Government has decided to set up
a panel under Vijay Kelkar, Advisor to Finance Minister,
which will prepare a quarterly review of the economy as
mandated under the Fiscal Responsibility and Budget Management
Act (FRBM).
The panel will comprise the Finance Secretary, D.C. Gupta,
the Revenue Secretary, Vineeta Rai, the Budget Secretary,
D. Swarup, and the Financial Sector Secretary, N.S. Sisodia.
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TUFS
for engineering industry mooted
Coimbatore: The Central Government has been asked
to formulate a technology upgradation fund scheme (TUFS)
for the engineering industry along the lines of the one
for the textile industry. This suggestion has been made
by the Engineering Export Promotion Council.According
to the council the engineering industry in the country
achieved exports of nearly $7.8 billion last year and
this year hopes to achieve a volume of $9 billion. While
the US topped the export market, Europe and the UAE were
the other two major regions catered to by the Indian engineering
industry.This programme, on the lines of TUFS for the
textile sector, would make adequate finance available
for the engineering industry, enabling it to modernize
at competitive rates.
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Kerala
defers farm loans recovery for six months
Thiruvananthapuram: The State Government has decided
to defer revenue recovery proceedings on farm loans for
a period of six months, given the prevailing drought conditions
in the state. Meanwhile, the State Government has set
up Crisis Management Groups (CMGs) at the State and district
levels to deal with the drought situation. According to
the Chief Minister, individual ministers have been given
the responsibility to coordinate drought relief measures
in various districts.
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Dumping
duty on Chinese melamine recommended
New Delhi: The Designated Authority in the Commerce
Ministry has recommended imposing preliminary anti-dumping
duty on melamine from China.The non-toxic substance, reacted
with formaldehyde, has a number of uses in downstream
products. In response to a written petition filed by Gujarat
State Fertilisers and Chemicals Ltd, Vadodara, the sole
producer of melamine in the country, the Authority initiated
the investigation for the period between April 2002 and
June 2003. It noted that though the product was being
imported from several countries, import prices from other
countries were higher and not undercutting or that the
volume of imports was de-minimus. However, there was a
significant increase in imports from China in relation
to other countries.
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Bar-coding
for the health sector
Chennai: EAN India Ltd. plans a drive to extend
barcodes to the health sector. EAN India is an organization
under the Ministry of Commerce, which is responsible for
the barcoding standards that go onto products. Initially
the organization intends to target the management of blood
banks.
Barcoding would enable efficient collection, storage and
distribution of blood products. EAN is working with state
blood councils in this regard to interest them in a barcoding
initiative for their network of blood banks. EAN is also
working with the Apollo Hospitals chain to barcode its
entire process and the supplies that it buys.
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