Showing posts from March 11, 2012
SHIVRAJ SINGH CHOUHAN INVITES TEAM ANNA MEMBERS TO DISCUSS JAN LOKAYUKTA IMPLEMENTATION IN MP Days after Team Anna members led by Sharad Singh Kumre asked Madhya Pradesh Chief Minister Shivraj Singh Chouhan to immediately pass the Jan Lokayukta Bill in the state on the lines of the one enacted in Uttarakhand, the Bharatiya Janata government has invited the members for a meeting with the CM on Friday. Kumre along with other member Vipin Kothari had sat on a 3-day fast to press for Jan Lokayukta in the state. The fast that began on March 13 was called off yesterday night after an official from the MP government invited Kumre for talks with Chouhan. The CM and Team Anna members would deliberate upon the implementation of Jan Lokayukta which provides for a strong protection for whistle-blowers. The team would also demand for effective action in all the complaints of illegal mining in the state.
Gross Tax Receipts Estimated at Rs.10,77,612 Crore By sagarmedia on March 16, 2012 | Leave a Comment | Edit Gross Tax Receipts Estimated at Rs.10,77,612 Crore-19.5% Increase Over 2011-12 Re
Indirect Tax Revenue Growth Estimated at 26.7% &Direct Tax Revenue Growth at 13.9% Over 2011-12.
Total Expenditure Estimatedrs. 14,90,925 Crore.
The Gross Tax Receipts in the General Budget 2012-13 are estimated at Rs. 10,77,612 crore which is an increase of 19.5% over the revised estimates for 2011-12. As a percentage of GDP, gross taxes are estimated at 10.6% in the BE 2012-13 as against 10.4% in BE 2011-12. The net tax to the Centre is estimated at Rs. 7,71,071crore , after devolution to the States. The Non Tax Revenue Receipts are estimatedRs. 1,64,614 crore and Non-debt Capital Receipts at Rs.41,650 crore.
In the General Budget 2012-13, presented by the Union Finance Minister ShriPranab Mukherjee in the LokSabha today, Corporation Tax with Rs.3,73,227 c…
by sagarmedia on March 16, 2012 By sagarmedia on March 16, 2012 | Edit
Finance minister has raised the income-tax exemption limit to Rs 2 lakh from Rs 1,80,000. No tax will be charged for income upto Rs 2 lakh. A tax of 10% will be charged for income between Rs 2-5 lakh, while 20% will be charged for income between 5-10 lakh and 30% will be charged above 10 lakh.
Tax slab levied are as follows _
Up to 2 lakh rupees – NIL
2 lakh – 5 lakh rupees – 10%
5 lakh – 10 lakh rupees – 20%
Above 10 lakh rupees – 30%
Presenting Budget 2012-13, Finance minister Pranab Mukherjee has said that it is time to take hard decisions and reforms. Mukherjee said that he expects inflation to moderate in the next three months. He also said that India’s manufacturing sector is on the path of revival. Mukherjee expects India to grow at 7.6% in 2012-13.
The country’s economic growth estimated at 6.9 per cent in the current fiscal; growth momentum to pick up in next tw…
UBM India will launch NGO India 2012

UBM India will launch NGO India 2012 at Epicenter, Gurgaon on 16 - 18 March 2012. NGO India 2012 will be an exhibition and conference aimed at fostering alliances and networking between the country’s CSR and NGO communities. As more and more corporates realise the brand value and employee engagement benefits gained by developing a planned CSR strategy, the event will help CEOs, Marketing Heads and other CSR specialists to identify opportunities and share best practices in this area.
The event is supported by prominent institutions such as: Guidestar India, Oxfam, The National Trust and FICCI and will host stalls from close to 150 NGOs and foundations. They will have the opportunity to profile the work they do in front of an audience of India’s corporate houses. There will also be performances and the opportunity to purchase handicrafts made by NGO communities. Free to attend workshops for NGOs on best practices in gover…

Innovations and opportunities for women at the village level

President of India Calls for Innovations and Opportunities to make Women Lives Meaningful : Agriculture Minister Stresses on Assertive Interventions to Ensure Women’s Access to Land Holdings President of India Smt. Pratibha Devising Patil has called for innovations and opportunities for women at the village level to make their lives healthy, satisfying and meaningful. Addressing the Valedictory Function of Global Conference on Women in Agriculture here today she said, “Agriculture can be a primary driver of the agenda of the empowerment of women. Globally, of the economically active population in agriculture about 43 percent are women. In India, 60 percent of farming operations are performed by women. Moreover, women contribute enormously to allied activities of agriculture like animal husbandry and fisheries. Besides, women shoulder the major burden of household work. This amounts to stressful work conditions and drudgery. We need to think of innovations and opportuniti…
India is Likely to Emerge as Third Largest Aviation Market by 2029 India is likely to emerge as the third largest aviation market by 2029. Dr. Rafael Echevarne, Director, Economics and Programme Development, Airports Council International (ACI) said this at the second day of India Aviation 2012 at Hyderabad today. Issues pertaining to shaping the Indian civil aviation’s future, impact of financial and airlines’ debt crises on aviation industry, ensuring affordable and sustainable connectivity for passengers and freight, were discussed at the business session on ‘Roadmap for Civil Aviation: Turbulence and Recovery’.

Dr. Rafael Echevarne highlighted the growth trajectory of aviation in India during the last five years in which the country improved its rank from 101st in 2007 to 12th in 2010 in terms of airport maintenance, traffic handling and passenger facilities. In order to sustain this, India would require putting in place a regulatory framework that encourages investm…

Merkel Visits Troops in Afghanistan

Angela Merkel arrived for a surprise visit to Germany's Bundeswehr troops deployed . German chancellor said she wants to stick to the planned 2014 withdrawal. Angela Merkel as she arrived under the highest security precautions for a one-day visit to the German Bundeswehr base at Mazar-e-Sharif. Shortly after her arrival, the chancellor expressed her doubts about developments in the crisis-plagued country. Yes, there has been progress, the chancellor said, but not enough to let her safely say, "We will succeed by 2013/2014. The will is there, we want to succeed and we are working on it."
The planned date 2014 has been set for the withdrawal of the international security forces currently present in Afghanistan. . The independent German Armed Forces Association welcomed the chancellor's words, praising her new reflectiveness. For their part, the Green Party demanded talks over a possible re-orientation of Germany's Afghanistan strategy. Even German De…
TUNE HOTELS LAUNCHES FIRST OF FOUR MANILA HOTELSManila key growth centre for regional expansion, says GCEOTune Hotel Ermita in Central Manila. More pics can be downloaded from MANILA, 15 March 2012 – Visitors and travellers seeking comfortable, quality accommodation at highly affordable rates in this capital city need not look any further as Tune Hotels, the international value hotel chain, is now in town. Mayor of the City of Manila Alfredo S Lim did the honours by officially opening Tune Hotels’ first Manila hotel in Ermita recently. Located in Central Manila, Tune Hotel Ermita offers 167 rooms comprising 117 double, 48 twin sharing and 2 wheelchair-friendly rooms. Group CEO of Tune Hotels, Mark Lankester said: “We are very excited with the opening of Tune Hotel Ermita, our very first hotel in the capital city. With three more Tune Hotels coming up in Manila this year and next, Manila will be a…

US defence secretary in Afghanistan

US defence secretary Leon Panetta arrived in Afghanistan today on an unscheduled visit. His visit takes place just days after a US soldier shot dead 16 Afghan villagers and injured five others in the southern province of Kandhar on Sunday. During his two day visit US Defence Secretary is likely to meet with Afghan President Hamid Karzai, the US commanders and troops in Afghanistan and Afghan government officials. His trip also assumes significance as there is escalating anti-American anger over the burning of the copies of Holy Quran and killing of 16 innocent civilians. Mr Leon Penetta has said the recent shooting incident would not affect the US and Nato strategy of a gradual withdrawal of troops by the end of 2014. Investigation is on in the US soldier’s shooting spree in Balandi and Alkozai villages of Panjawai district. The suspected soldier is being detained in Kandahar and the five wounded villagers are undergoing treatment at a military hospital.

At least one Af…
Iran hold talks with permanent members of UNSC

Iran has made a formal offer to hold talks with the five permanent members of UN Security Council and Germany over its disputed nuclear program.

Iran’s top nuclear negotiator, Saeed Jalili has written to European Union’s Foreign Policy Chief Catherine Marie Ashton in this reagrs. He has said the two sides set a timetable and choose a venue for the talks.

Iran’s Official news agency, IRNA said, Jalili’s letter was delivered on Wednesday in Brussels for a constructive approach. There has been no immediate response from the EU.

Talks with Iran broke more than a year ago. Western nations allege that Iran has been trying to acquire nuclear weapons capability under the garb of its disputed nuclear program. Iran insists that its program is for peaceful civilian purposes.
Indian Army bags one more Gold in South Asian Army Sports meet

In Nepal, the Indian Army won one more gold medal in the first South Asian Army Sports meets which concluded in Kathmandu today. India won the volleyball match defeating Pakistan Army and increasing its tally to nine gold medals . It also won the silver in Football after losing to host Nepal Army 0-1 in the final match . India led the medal tally with nine gold, five silver, and three bronze with a total of seventeen medals. Pakistan Army came second with four gold, four silver, and three bronze with a total of eleven medals, while Nepal Army came third with three gold, two silver and three bronze with a total of eight medals. The First South Asian Army sports meet had been held from the 9th of this month with the aim of enhancing relations among the neighbours . 193 athletes from Bangladesh, India , Pakistan , Sri Lanka and Nepal had competed in the week long sports meet in Athletics, Football, Volleyball, B…

Debate on Lokpal Bill in first half of Par session: Bansal

The government on Wednesday said it wants to bring the bill to set up anti-corruption ombudsman, Lokpal, in Rajya Sabha during the first part of the current Budget session of Parliament.

Replying to a notice given by Leader of the Opposition Arun Jaitley seeking suspension of the Question Hour to resume debate on the Lokpal bill, Parliamentary Affairs Minister P K Bansal said the government has studied the 187 amendments moved by Opposition and allies in ruling alliance since debate on the bill was adjourned after the House was adjourned sine die on 29th December. "We want to bring the bill within this part of session itself," he said. His statement marked a change of stand by government as the minister on the session eve press conference had said it would be difficult to take up the bill in the first part due to financial business. Bansal said the Lokpal and the Lokayukta Bills have been kept on top of the list of business to be conducted during the Budget sessi…
Paes-Stepanek in quarters of Indian Wells Masters
Australian Open winners Leander Paes and Radek Stepanek saw off a stiff resistance from Juan Monaco and Kei Nishikori to advance to the quarter-finals of the ATP Indian Wells Masters in USA.

The seventh-seeded Indo-Czech pair scored a tough 7-6(5) 6-4 win in the second round over their unseeded opponents. They will now fight it out with giant-killing Spanish pair of Marc Lopez and Rafael Nadal for a place in the last-four stage. Lopez and Nadal had knocked out third seeds Michael Llodra and Nenad Zimonjic in their opening round. The Indian pair of Mahesh Bhupathi and Rohan Bopanna had suffered a first round exit in the USD 4,694,969 hard court event. They had lost to French pair of Julien Benneteau and Jo-Wilfried Tsonga.
Sania-Vesnina in quarters at Indian Wells
Sania Mirza and her Russian Partner has moved to quarter-finals of the WTA Indian Wells Premier event after scoring a hard fought win over Timea Bacsinszky and Alberta Brianti, in Indian Wells.

The second seeds dominated the proceedings in the beginning but lost the second set before winning the second round match 6-1 3-6 10-2.
They face Argentine pair of Gisela Dulko and Paola Suarez in the last-eight stage match.
Sania had exited the singles event after losing the second round match against Anabel Medina Garrigues.
Twenty-eight people, including 22 children, die in Swiss bus accident
Twenty-eight people, including 22 children, returning from a skiing holiday died in a bus accident in Sierre in the Swiss canton of Valais, while they were travelling from Val d'Anniviers and were returning to Belgium.
The bus carrying the passengers was registered in Belgium,the Swiss news agency SDA-ATS reported on Wednesday.
The bus was travelling towards Sion, and hit a wall on Tuesday night in the motorway tunnel running from east to west and exiting at Sierre.
Valais cantonal police initially reported only injuries.
The bus was carrying 52 passengers from the cities of Lommel and Heverlee in Flanders.
The news agency said two drivers were killed in the accident. Four Valais hospitals were treating the injured, SDA-ATS reported.

Rail Budget forward-looking: PM

Rail Budget forward-looking: PM
Prime Minister Manmohan Singh on Wednesday hailed as "forward-looking" the Rail Budget which has proposed hike in passenger fares in various ranges in different categories.

"The Railway Minister has presented a forward-looking budget with emphasis on safety and modernisation of the Indian Railways," Singh said in a statement.
He said the budget has been formulated against the background of the Railways' responsibilities in meeting the demands of the 12th Five Year Plan.
Presenting his first budget, Railway Minister Dinesh Trivedi announced hike in passenger fares ranging from 2 paisa per kilometre to 30 paisa per kilometre in various categories of trains while noting that the Railways was passing through a "difficult phase".
He also announced introduction of 75 express trains, 21 passenger trains and extension of 39 trains besides increase in the frequency of 23 trains. Platform tickets have also been raised …

Rail budget modernisation plan to get trains on line is Rs2500 Cr not Million Cr

Rail budget modernization plan to get trains on line is Rs2500 Cr not Million Crores.
Rail budget has modernization costing Rs.500,000 crores to even Rs.10,00,000 crores. When in Australia  introduce Lockheed Martin technology that would reduce Spacing of Long Freight trains from 15 kilometers to just 2 km. This means on a 100 kilometer track where Three Freight trains Operate carrying 20,000 Tone payload each presently with this technology more than Ten to Fifteen Long Freight trains could be operated thus hourly throughput shall increase from 60,000 tones presently to 200,000 tones - 300,000 tones on single Meter gauge or Standard gauge track and it shall cost just Rs.2500 crores ($500m) for 10,000 kilometers track. This works out to just Rs.25,00,000 only or $50,000 per kilometer.This technology allows Australia to dispatch 7.2 million tones per day on one double section but India targets around 3 million tones daily loading on scores of sections. A satellite tracking syst…
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Instituto Cervantes Nueva Delhi 18 y 20 de marzo de 2012 / March 18th and 20th, 2012
El Instituto Cervantes de Nueva Delhi,
la Embajada de España en India y
el Instituto Etxepare tienen el placer de invitarle a los conciertos de:


Domingo 18 de Marzo a las 8:00 PM
Nehru Park (Delhi Jazz Festival)

Martes 20 de Marzo a las 7:30 PM
Instituto Cervantes - Auditorio

Elkano Browning Cream es sinónimo de ritmo hipnótico, contagioso, de un sonido que evoca a los grandes combos de órgano Hammond de los años gloriosos de la discográfica Blue Note, personalizado y actualizado por el carácter multicultural y nómada de los integrantes de este trío. El proyecto, coordinado por el músico vasco Mikel Azpiroz (Parafünk, Fermin Muguruza, …

New SAARC Sec General Saleem assumes office

Ahmed Saleem has taken over as the new Secretary General of the South Asian Association for Regional Cooperation (SAARC).

Maldivian national Saleem, who replaces first woman secretary general Fathimath Dhiyana Saeed, took over the charge yesterday in Kathmandu.
Fathimath had resigned from the post of Secretary General of SAARC last month over the issue of her controversial remarks regarding the arrest of Maldivian criminal court's chief justice Abdulla Mohamed.
Sixty two-year-old career diplomat Saleem is the 11th secretary general of SAARC.
"I will try to strengthen the SAARC process and will follow the footsteps of our leaders who envisioned this process", Saleem told reporters at the Tribhuvan International Airport upon his arrival.
Saleem had served as the first director from Maldives at the SAARC Secretariat in 1990 and had worked in the foreign ministry for over two and a half decade.
Saleem will serve for the remaining two years term as the SAARC Secretar…

Process for filling up 58 RS seats starts

The process of biennial polls for filling up 58 Rajya Sabha seats from 15 states was on Monday set into motion with the issue of notification.
The Election Commission has already announced the schedule for the biennial polls to fill up the seats whose representatives complete their term next month.
While the last date for filing of nominations is March 19, that for withdrawal is March 22. Polling would be held on March 30, as per the poll schedule announced by EC on Monday.
The tenure of 58 members from the states of Andhra Pradesh, Chhattisgarh, Gujarat, Haryana, Himachal Pradesh, Jharkhand, Karnataka, Madhya Pradesh, Maharashtra, Uttar Pradesh, Uttarakhand, West Bengal, Odisha and Rajasthan is expiring in April.
Biennial elections to the Council of States from Bihar would also be held on the same date.
Prominent members whose term is due to expire are Leader of the Opposition in the Rajya Sabha Arun Jaitley (Gujarat), Congress' Rashid Alvi (Andhra Pradesh), RJD's Ra…

AIFUCTO Court Arrest Program on 14, 15, 16 March, 2012