Poll
India: 2004
Srinagar
Higher turnout and peaceful polling
Srinagar: With a voter turnout of 21 per cent,
which is much higher than in the previous election, Srinagar
witnessed peaceful polling in the second phase of the
general election.
In rural areas, particularly, people defied militant threats,
and 24 hours of violence, to come out in large numbers
to vote. The constituency will decide on the fate of National
Conference President Omar Abdullah.
Thackeray
gets the black spot after eight years
Mumbai: Banned from exercising his franchise in
the late '90s Shiv Sena chief Bal Thackeray exercised
his franchise today after a gap of nearly eight years.
Thackeray had been found to be "indulging in corrupt
practice by seeking votes in the name of religion".
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Govt
announces package for textile units
New Delhi: The Union government has announced a
new fiscal package for the processing units in the textile
industry. The government assistance will be in the nature
of interest subsidy on loans that the processing units
take from banks and other financial institutions.
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BIS
quality certificate for DGFT
New Delhi: The Bureau of Indian Standards (BIS)
has granted the Directorate General of Foreign Trade (DGFT)
the quality systems certification licence for ISO 9001-2000.
ISO 9001 postulates requirements for a quality management
system where an organisation ought to demonstrate its
ability to provide products that fulfil customer and applicable
regulatory requirements and aims to enhance customer satisfaction.
The licence was granted to DGFT after the mandatory audit
conducted by an expert team of auditors from BIS, according
to an official release.
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AEPC
urges acceptance of EU offer
New Delhi: The Apparel Export Promotion Council
(AEPC) has counselled the Government to accept the European
Union's (EU) offer for additional quota to Indian exporters
with immediate effect to compensate the dwindling profit
margins plaguing the exporters in the light of rupee's
appreciation against the dollar.
In a letter to the Union Commerce and Industry Minister,
Arun Jaitley, the AEPC Chairman, A. Sakthivel, has drawn
attention to the European Union's recent offer to augment
the quota limits to India against New Delhi binding the
tariffs at 20 per cent.
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IIM-C
faculty moves HC on validity of board meeting
Kolkata: The faculty council of the Indian Institute
of Management, Calcutta (IIM-C) has decided to move the
Calcutta High Court challenging the validity of the 164th
meeting of the board of governors, which took place on
March 26, 2004.
According to the spokesperson of the faculty council,
the validity of the said meeting was being called into
question since four members had been replaced or substituted
just before the crucial meeting to decide on the fee cut
issue.
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`Enlarged
EU will provide opportunity, challenge'
New Delhi: Addressing a meeting organised by the
Confederation of Indian Industry (CII) here, the Ambassador
of the Delegation of the European Union, Francisco de
Camara Gomes, emphasised that the expansion of the EU
would be "beneficial" for India. The 15-member
EU is to be enlarged when 10 more countries, including
Cyprus, Estonia, Hungary, Latvia, Malta and Poland, among
others, joining the group on May 1.
Officials from the Ministry of External Affairs said that
third countries would receive enhanced levels of IPR protection
in the new member-States due to the adoption of EU regulation
upon accession. Similarly, in the case of subsidies, third
countries could benefit as a result of imposition of stricter
subsidy standards than those currently applied by the
new member-States. In the long term, as income levels
in the new member- States rise towards the EU average,
there would be greater opportunities for exports from
third countries to grow, the official felt.
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