Wednesday, April 23, 2008

29/02/2008

29/02/2008

Following are the Highlights of pre-Budget Economic Survey 2007-08 :


FY'08 economic growth at 8.7%, against 9.6% a year ago


Inflation rate to decline from 5.6% in FY'07 to 4.4% in '08

Holding 9% growth a challenge, two digit growth even greater

Inflation and infrastructure biggest growth challenges

Skill dearth causing attrition, wage hike; pushing inflation
Farm growth in FY'08 seen at 2.6%, against 3.8% a year ago


Foodgrain output seen at 219.3 MT against 217.3 MT in FY'07

Acceleration in domestic investment, savings drove growth

Macroeconomic fundamentals continue to inspire confidence

Investment climate full of optimism

Industrial growth slower at 9% in first 9 months of FY'08

Costly rupee, sluggish consumer goods and infra a concern

Rupee rose by 8.9% against USD during current fiscal.

Average credit growth slowed to 26.8% in FY'07, down in '08

Forex reserves up by $91.6 bn to $290.8 bn on Feb 8, 2008

GDP projected at Rs 46,93,602 crore (mkt price) in 2007-08 *

Inflation reined despite higher commodity prices & surge incapital inflows

Growth deceleration spread across most sectors, barringpower, community services and composite category of trade,hotels, transport and communications

Cumulative increase in non-food credit by Jan 4, 2008 was11.8% as against 17.5% a year ago

Capital inflows rise to 7.7% of GDP in first half of FY'08as against 5.1% in FY'07

FDI inflows reach $11.2 bn, outward investments surge to$7.3 bn in April-September

Exports reach $111 bn in first 9 months of FY'08; Importsgrow 25.9%

Surge in capital inflows, including FDI, to continue inmedium term

Complete the process of selling 5-10% equity in previouslyidentified profit making non-navratna PSUs

Phase out control on sugar, fertiliser, drugs

Sell old oil fields to private sector

Allow a share for foreign equity in all retail trade

Raise foreign equity in insurance to 49 per cent

Allow 100 per cent FDI in greenfield private agri banks

State Electricity Regulatory Commissions should notifyrational, credible, cross subsidy to make open-access viable

Increase work week to 60 hours from 48 hours and daily limit to 12 hours.

26.02.2008

· Maharashtra has become the first state in the country to set up a separate Minorities Development Department.
· (NREGA) Under this Act, 2.7 crore people were provided employment till the middle of January 2008 during the current financial year.
· Cyclone Ivan – Madagascar
China-based Sinosteel has said it would set up its first integrated steel plant in Jharkhand and a cold forged rolls unit at Haldia in West Bengal.
· "No Country for Old Men" has won the Academy Award for best picture.
· Daniel Day-Lewis won the second best actor Oscar - There Will Be Blood
· The best actress Oscar was won by French actress Marion Cotillard who played French singer Edith Piaf in La Vie en Rose.


27/02/2008

Following are the highlights of Railway Budget 2008-09 :
· Freight traffic target of 785 million tonnes crossed to touch 790 million tonnes.
· Railway plan size increased from Rs 11,000 crore to Rs 30,000 crore in the last four years.
· Set new profit of Rs 25,000 cr in 2007-08.
· 560 railway station platforms to be lengthened to take long trains.
· Middle-level and low-level platforms to be upgraded to high-level platforms in several stations to help commuters.
· Doubling of lines to be given priority.
· Professional agencies being involved on a pilot basis to ensure cleanliness in running trains.
· Work on automatic signalling to start in new sections.
· Rlys planning SMARTCARD ticketing system.
· Electrification of more routes in North India.
· Foot overbridge along high level platforms.
· In talks with foreign cos for new wagon designs.
· High level platforms in 135 stations.
· Housekeeping in Shatabdi to be outsourced.
· Lifts and escalators in 50 stations.
· Modular toilets to be introduced in trains.
· Rajdhanis, Shatabdis to get modernised coaches.
· Touch screens, colour TVs across all major stations.
· 6,000 automatic ticket sale machines in 2 years.
· By 2010 all coaches to be in stainless steel.
· Rlys to connected to call centres for reservations.
· 16,548 old rail tracks to be renewed.
· Ticket confirmation via mobiles likely.
· Pvt cos can make terminals on Rly land.
· All un-manned crossings to be manned.
· Metal detectors, baggage scan at key stations.
· Display boards to be set up across stations for convenience of passengers.
· Go Mumbai tickets to be sold at bus depots.
· Delhi-JNPT-NavaSheva western freight corridor cleared.
· Multi-level parking at 30 major stations.
· Free Rajdhani, Shatabdi travel for Ashok Chakra winners.
· New Delhi, Mumbai, Pune to be made world-class stations.
· 50% concessions for AIDS patients.
· Free season tickets for girls till graduation.
· Rlys to issue wait-listed e-tickets.

the Sixth Pay Commission was constituted in October, 2006

Chandrapur Ordnance Factory – Maharashtra

Headquarters -

A family of 40 Ordnance Factories under the aegis of its corporate headquarters
Ordnance Factory Board, Kolkata

Armoured Vehicle Head Quarters ,Avadi ,Chennai
Ordnance Equipment Factories Head Quarters – KANPUR
Factories

1. Ammunition Factory Khadki, PUNE
2. Cordite Factory Aruvankadu, The Nilgiris, T.N.
3. Engine Factory Avadi,CHENNAI
4. Gun Carriage Factory, Jabalpur
5.
Field Gun Factory, Kanpur
6. Grey Iron Foundry, Jabalpur
7. Gun and Shell Factory, COSSIPORE, KOLKATA
8. Heavy Alloy Penetrator Project, Tiruchirappalli
9. High Explosive Factory, Khadki
10. Heavy Vehicle Factory, Avadi, Chennai
11. Machine Tool Prototype Factory, Ambarnath, Thane
12. Metal and Steel Factory, Ishapore, West Bengal
13. Ordnance Clothing Factory, Avadi
14. Ordnance Cable Factory, Chandigarh
15. Ordnance Equipment Factory, Kanpur
16. Ordnance Clothing Factory, Shahjahanpur, UP
17. Ordnance Equipment Factory, Hazratpur, UP
18. Ordnance Factory, Ambernath
19. Ordnance Factory, Ambajhari, Nagpur
20. Ordnance Factory, Bhandar a, Maharashtra
21. Ordnance Factory, Bhusawal, Jalgaon, Maharashtra
22. Ordnance Factory, Bolangir, Orissa
23. Ordnance Factory, Kanpur
24. Ordnance Factory Chandrapur, Maharashtra
25. Ordnance Factory Dumdum
26. Ordnance Factory Dehu Road, PUNE
27. Ordnance Factory Dehradun
28. Ordnance Factory Itarsi, Madhya Pradesh
29. Ordnance Factory Khamaria, Madhya Pradesh
30. Ordnance Factory Katni, Madhya Pradesh
31. Ordnance Factory Muradnagar, Ghaziabad, Uttar Pradesh
32. Ordnance Factory Project Nalanda
33. Ordnance Factory Project Medak, AP
34. Ordnance Factory Tiruchirapalli
35. Ordnance Factory Varangaon, JALGAON
36. Opto Electronics Factory, Raipur, Dehradun, Uttaranchal
37. Ordnance Parachute Factory, Kanpur
38. Rifle Factory Ishapore, 24 PARGANAS (NORTH)
39. Small Arms Factory, Kanpur
40. Vehicle Factory Jabalpur



Maharashtra - 10
UP - 8
MP – 6
TN - 6
WB - 4
Uttarakhand - 2
Bihar - 1
Orissa - 1
Punjab - 1
AP - 1


Kanpur – 5
Jabalpur - 3
Pune - 3
Chennai - 3
Kolkata - 2

Ordnance Factories Institute of Learning

1. National Academy of Defence Production, Ambajhari, Nagpur
2. Ordnance Factories Institute of Learning Ambajhari, MAH
3. Ordnance Factories Institute of Learning Ambernath, MAH
4. Ordnance Factories Institute of Learning Avadi, TN
5. Ordnance Factories Institute of Learning Dehradun
6. Ordnance Factories Institute of Learning Ishapore, WB
7. Ordnance Factories Institute of Learning Khamaria, MP
8. Ordnance Factories Institute of Learning Kanpur
9. Ordnance Factories Institute of Learning Medak, AP


· With the successful user trials, the Ordnance Factory, Chandrapur will hand over the first batch of Pinaka rocket to the Army on 29th Feb, Director General and Chairman of Ordnance Factory Board, Sudipta Ghosh said.
· India successfully test fired its first-ever undersea nuclear capable ballistic missile(Sagarika missile ) off the eastern coastal city of Vishakahpatnam, catapulting it to the select band of five countries equipped with the technology. The missile K-15, with a range of 700 kms.
· The Justice (Retd) R K Manisana Singh Commission, probing the large-scale violence during an Adivasi rally at Beltola in Guwahati on 24th Nov, has submitted its report to Assam Chief Minister Tarun Gogoi.
· Petronet CEO and Managing Director Prosad Dasgupta said.
· Researchers at the University of California claim to have discovered a new system to encode digital information within DNA.
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