Government
identifies Pak, Egypt, Iran for increased tea exports
Kolkata: Pakistan, Egypt and Iran have been classified
by the government as the most important non-traditional
countries for boosting tea exports.
Jairam
Ramesh, Union Minister of State for Commerce said all
efforts would be made to step up tea exports to Pakistan
to over 30 million kg (mkg) annually in the next few years
from the current 14 mkg. Pakistan consumed an estimated
140 mkg of tea annually and half of it was imported from
Kenya.
He
said India would be interested in buying more cotton molasses
and other things from Pakistan.
Tea
exports to Egypt in 2006 jumped by one mkg to touch 1.5
mkg, he said and indicated that there was a proposal to
launch a tea marketing centre in Cairo by way of a partnership
between the Tea Board and tea industry.
He
said India, the largest producer of tea, suffered from
low productivity because 38 per cent of the gardens were
more than 50 years old. Between 1971 and 2005, only about
2400 ha per annum on an average was brought under replanting
and rejuvenation.
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Rlys
to increase scope of freight operating information system
New Delhi: The Railways may put 600 more stations
under the implementation of the freight operating information
system (FOIS) in the next fiscal from the current level
of over 500.
The
system enables freight customers to obtain information
regarding the status of their consignments in transit
on a real-time basis.
Currently,
only those locations are connected to the system, which
handle over ten rakes per month. The proposal is to connect
other locations - which handle over five rakes per month
with the system, according to official sources.
FOIS
has two modules the rake management system for
handling trains and terminal management system pertaining
to the commercial transactions at loading and unloading
stations.
The
operating system enables monitoring all freight trains
indicating their position on the Web and their expected
time of arrival at the destination.
It
also helps generate reports that show commodity-wise flow
of freight trains for customers such as power houses,
refineries, fertilisers and cement plants, steel depots
and public freight terminals enabling the recipients of
consignments to have accurate information on cargo arrivals,
giving them adequate time to complete preparatory arrangement
to handle the cargo.
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Railways
to enter into deals with big retailers
New Delhi: The Indian Railways will soon enter
into partnerships with big retailers and is preparing
a draft policy outlining the modalities of partnership.
The retailers include the likes of Mukesh Ambani-owned
Reliance Industries (RIL), Kishore Biyani's Future Group,
Sunil Mittal's Bharti, Tatas and Adanis with which the
Railways will set up agri-retail hubs, cold storage houses,
multi-purpose warehouses on excess land in cities and
villages with .There would soon be a high-level meeting
between the Railways and the private players who have
submitted their expression of interests for the second
round of container train allotment on January 15.
RIL,
Kribcho and Cargill have bid for the second round of the
container business. The Railways hope to earn at least
Rs 1,500 crore in the second round as licence fees, as
compared to the first round where they just managed to
earn Rs 540 crore through 14 private operators. This time,
they are expecting a turnout of at least 30.
The
retail and container business is expected to bring in
good revenues to the Railways. As far as containers are
concerned, the railway hopes to carry 100 million tones
of goods in 10 years, while retail would be a de-risking
model.
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Ahluwalia
asks Indian diaspora to help finalise 11th Five Year Plan
New Delhi: Montek Singh Ahluwalia the Planning
Commission's deputy chairman has invited experts in the
Indian diaspora to form a working group and give inputs
for finalizing the 11th Five Year Plan.
Ahluwalia
said liberal economic policies did not mean that planning
had become irrelevant and added that now planning is about
identifying government's own priorities. Ahluwalia said
the public sector could play a significant role in setting
up various projects in backward areas where private sector
may not reach.
He
said the 11th five-year plan has identified four major
areas of focus: agriculture, infrastructure, health and
education.
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Optic
fibre gateway opened up to Nepal
New Delhi: BSNL has opened its optical fibre gateways
to Nepal allowing the country to connect its telecom,
IT and internet networks to other countries through the
company's network.
Nepal
has been dependant on expensive satellite communication
for telecom and IT data transfer and this would result
in more than 75 pc drop in current bandwidth rates.
Nepal
will also getting ready to sign a similar deal with Bharti
Airtel, for an additional 34 Mbps of bandwidth and for
using is fibre network to connect to other countries.
This is likely to lead to lead to a further drop in internet
rates in the country to about a fifth of the current tariffs.
Additionally,
Nepal will also be able to set up its proposed superhighway
for cross-country data transfer, as bandwidth from BSNL
and Bharti will help reduce costs of internet services,
making it affordable and accessible for its citizens to
connect to the national network.
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Animation,
gaming to cross $1-billion mark in three years
Hyderabad: The Indian animation and gaming industry
is forecast the $1-billion mark by 2010 from the current
revenues of $402 million mostly due to huge domestic demand
for animated content and online/mobile gaming.
According
to Nasscom's animation and gaming industry 2007 report,
though a major proportion of workforce in the animation
gaming industry is involved in the outsourcing segment,
going forward, the share of the domestic market is expected
to grow. Increased mobile and broadband penetration along
with introduction of new generation consoles is expected
to drive growth for the nascent $48-million industry.
Similarly, the report notes, success of several Bollywood
movies like Krrish, Dhoom 2 and fully animated
Hanuman has pushed up demand for animated content
in the domestic market.
Gaming
is expected to witness a 72 per cent CAGR to touch $424
million by 2010 while animation is projected to grow at
25 per cent CAGR from current revenues of $354 million.
The global animation market is estimated at $59 billion
in 2006 while the gaming industry is pegged at $21 billion,
the report said.
The
Nasscom report proposes government support to the animation
and gaming industry in terms of assistance in manpower
development, infrastructure and industry status akin to
what is practiced in countries like France, Singapore,
China, Korea, Canada and the Philippines.
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