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Nasscom:
IT-ITES export revenues at $17.2 bn
Bangalore: Indian software and services exports have
clocked revenues of $17.2 billion, registering a growth
of 34.5 per cent during 2004-2005 according to the figures
from NASSCOM's annual survey on the performance of the
Indian IT-ITES industry, excluding hardware, and its outlook
for 2005-2006.
The
overall Indian IT-ITES industry, including the domestic
market, has grown by 32 per cent during 2004-2005, registering
revenues of $22 billion, up from $16.7 billion in 2003-2004,
NASSCOM said.
Indian
IT-ITES industry's employee base crossed the one million
mark in 2004-2005, NASSCOM said.
The
total value of outsourcing to India ($17.2 billion in
2004-2005) is estimated to be 44 per cent of the worldwide
total, it said.
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Govt.
rolls out crop insurance scheme Varsha Bima
New Delhi: The government has come out with a crop
insurance scheme called Varsha Bima 2005, which initially
will cover more than 1 lakh farmers across 25,000 villages
in 10 states.
The
scheme will cover paddy, bajra and growers and farmers
can claim money according to the amount of rainfall shortage
for a particular crop in each district. The payout will
be decided according to data collected by 142 rain gauges
in these states.
The
premium rates have been based on monsoon data collected
over 103 years and it ranges from 4 per cent to 7 per
cent of the sum insured.
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CMMACS
projects 34 per cent deficit rainfall in June
Thiruvananthapuram: The Bangalore-based Centre for
Mathematical Modelling and Computing (CMMACS) has made
a " significant change" in its earlier projections
and has predicted a 34 per cent deficit in rainfall this
month.
In its earlier forecast, CMMACS had projected a 22 per
cent excess rainfall in June.
The projections are seen crucial since sowing for the
kharif season will be in full swing in June. Already,
sowing of cotton has begun in North India.
It has, however, maintained the 12 per cent deficit for
July forecast and has even gone on to project 13 per cent
excess rainfall in August in the latest update issued
on Thursday.
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