Public finance and international trade by tr jain stavan


T he Government Department of Company Affairs has constituted a seven-member High Power Committee to draft a legislative framework to enable formation of cooperative businesses as companies and to convert existing cooperative businesses into companies under a regulatory framework similar to that of private limited companies. The Committee, to be headed by Dr. Alagh, Economist, will comprise Shri R. The Committee would devise its own procedure for its working and may consult other experts in the field as and when considered necessary.

T he Government Department of Company Affairs has issued a Notification rationalising the norms relating to functioning of Nidhis Mutual Benefit Societies to reinforce confidence of small depositors in Nidhis especially in the context of defaults in refund of deposits by a few Nidhi Companies.

All the recognised Nidhis will have a deposit cap of Rs. Nidhi companies having deposit of over Rs. GSR E i. Nidhis which are having branches outside the State in which they are registered will be given three years time to shut down their branches outside the State. No Nidhi can enter into any arrangement in the change of management without the approval of shareholders by a special resolution.

Nidhi will not be allowed to accept deposit for a period of less than six months. Department of Company Affairs DCA will have the right to appoint Special Officer to monitor the working public finance and international trade by tr jain stavan the Nidhis in case the default in repayment of deposits is alleged by more than 10 depositors.

The directions given by the Special Officer will be binding on the Nidhis. Nidhis will not be allowed to give loans to Directors beyond Rs. If loans are given to directors beyond this limit Nidhis will recall such loans and bring it down to Rs. Each Nidhi will be required to public finance and international trade by tr jain stavan a contingency fund which will be built up by transferring 0.

The directors appointed to the Board of Nidhis can not hold the post beyond the period of 10 years. Such directors can be re-appointed only after a gap of two years. The title containing 15 important Telugu books is brought out by Publications Divisions, Ministry of Information and Broadcasting has been complied and translated by Shri R. In this series, outstanding books published in a language in the last years are chosen, abridged and published.

These are then translated into other languages. The aim of this series is to bring to readers all the wisdom of literature published in languages public finance and international trade by tr jain stavan than their own.

While congratulating Publications Division and Shri Padmanabha Rao, Shri Jaitley said that this is a very good venture and will help in national integration. M inister of Environment and Forests Shri T. Baalu stressed that the right to development of the developing countries must not be affected adversely in any way and there must also not be any freezing, perpetuating or exacerbating of existing inequities between the developed and the developing countries as a consequence of decisions taken under the Kyoto Protocol Mechanisms.

Speaking at the Fifth Session of the Conference of Parties to the United nations Framework Convention on Climate Change in Bonn, Public finance and international trade by tr jain stavan, yesterday, Shri Baalu pointed out that the Framework Convention on Climate Change FCCC too acknowledges that development and poverty eradication are the first and the overriding priorities of the developing countries, consequent to which their greenhouse gas GHG emissions would grow.

Shri Baalu pointed out that the FCCC explicitly underlined the conspicuous North-South disparities by recognising the "common but differentiated responsibilities" and respective capabilities.

Thus, while underpinning the principle of equity, the Convention differentiated the levels of commitments for the developed and the developing countries.

The Minister further said that the extent to which the developing countries would effectively implement their commitments would depend on the effective implementation by the developed countries of their commitments related to transfer of financial resources and transfer of technology to developing countries.

Therefore, "in our current work, there must be no discounting of the inequities, disparities and differentiated capabilities between the North and the South and the issue of climate change should continue to be addressed in a frame of reference that puts equity and redistributive justice at the centre of our efforts, and measures human welfare directly", Shri Baalu added.

Observing that the integrity, effectiveness and environmental credibility of the Kyoto Protocol Mechanisms must be above board, Shri Baalu emphasised that domestic policies and measures adopted by the developed countries would remain the principle means for stabilising GHG atmospheric concentrations.

He further stated that "the design of the Mechanisms must not in any way compromise the modification of longer-term trends in emissions, consistent with the objectives of the Convention.

The GHG reduction achieved should be real and verifiable. The importance of a compliance regime cannot be overemphasised. Stating that priority should be given to the Clean Development Mechanisms CDMShri Baalu reiterated that only host governments could decide whether a particular project conforms to national sustainable development priorities.

They would also be best placed to decide on the choices of areas and technologies for developing the CDM projects. Expressing concern at the fact that the developed countries have, by and large, fallen far short of fulfilling their commitments under the Convention public finance and international trade by tr jain stavan reduction of GHG emissions, the Minister pointed out that the latest available data indicate that many developed countries have registered substantial increases in their emissions in recent years.

The developing countries, on the other hand, have demonstrated their commitment to cooperative global action in dealing with the threat of climate change. Industries are reducing their energy intensity by cutting production costs.

New fiscal policies are promoting low emission technologies. In the automobile sector, too, new technologies and corresponding regulations are reducing emissions. In the field of non-conventional energy sources, we have attained much-acclaimed success in the installation of solar and wind-generated energy. While coal will continue to be the mainstay of commercial energy, there has been fuel-switching to oil and natural gas.

In the agricultural sector, there is emphasis on replacement of fuel-inefficient irrigation pump-sets. This is how India is responding to public finance and international trade by tr jain stavan challenges and opportunities in sustaining its development", the Minister added.

T ourism Ministry will soon launch information kiosks at international airports, bus terminals and other important places in Metropolitan cities to provide multi purpose information to tourists including reservation of accommodation and booking of transport. The Ministry will also soon prepare CD Roms on important monuments and tourist spots to provide all desired information to visitors. This was disclosed by Minister of State of Tourism, Ms. These kiosks will work as one point tourism facilitation centre and stop alleged harassment at the hands of unauthorised agents.

Minister said that to ensure rapid implementation of information technology in various sector of tourism, the Government is considering to set up an apex Advisory Body. The proposed body will prepare a time bound programme and monitor its implementation. She said that Tourism should be taken as a major economic activity as it not only generates huge foreign exchange for the country but also provides large number of employment.

She said that Tour and Travel industry should make all efforts to record our presence in World Tourism Market in a significant way which at present is very negligible. Though India earns more than 12, crore foreign exchange through Tourism yet it was only 0. There is no reason that we can establish India as a major tourism destination as we have been gifted with abound tourism opportunities, she said.

The Minister added that Government had taken all steps to face the Y2K problem in the area of Tourism and Travel and assured there will be no problem. This is for providing consultancy services to set up two science and technology entrepreneur parks in that country.

Each technology park will initially have 20 projects based on Indian technologies for the local entrepreneurs. The consultancy services include, design of infrastructure and common facilities; identifying, selecting and preparing detailed feasibility reports for projects which can be taken up by the Egyptian entrepreneurs.

Selection, motivation and training of the entrepreneurs and operation and management of the technology parks also form part of the public finance and international trade by tr jain stavan. This Agreement is expected to give a further impetus for the export of more Indian indigenous technologies to Egypt. There are 10 fertilizer units under the administrative control of the Department. The ISO series are standards and guidelines relating to management systems and related supporting standards.

These standards try to ensure that an organisation minimises harmful impact on the environment caused by its activities. Adherence to ISO means that the organisation ensures that the products will have the least public finance and international trade by tr jain stavan impact on the environment either during production or disposal, either by pollution or by depleting natural resources.

Mamata Banerjee, in a function held here today. Finance Commissioner Railway Board Mr. The Company had public finance and international trade by tr jain stavan dividend per cent on the paid-up share capital forout of which Rs. Recently the Company secured two contracts of Rs. Besides, a new contract worth Rs. The train number will leave Mumbai Central at hrs on Mondays i. The return train No. The other train No.

Reservations for these train is available in the Public Reservation system. The MOU was signed by Prof. Speaking on the occasion, the Power Minister said that by the end of the current financial year, 16 to 18 States would have set up Regulatory Commissions. During the discussion, Shri Patwa underlined the need for ensuring greater accessibility to rural poor of various schemes of rural development.

He also stressed on greater accountability so that the intended benefits reach the beneficiary in a stipulated time frame. Singh had a meeting with the senior officials of the Ministry including Secretary Rural DevelopmentDr.

At the meeting, a number of issues were discussed for effective cooperation with the World Bank in the field of rural development. His father late shri Maheswar Pradhan was a freedom fighter. Having secured his M. Degree from the S. B Medical College, Cuttack, Dr. Inhe set up his private medical practice, which he continued till Debendra Pradhan entered politics by becoming the President, B. P Talcher Mandal in which position he continued till Later, he held the posts of public finance and international trade by tr jain stavan Vice-President as well as the President of the B.

P's Dhenkanal District Unit during and respectively. Subsequently, he held a number of senior positions in the Orissa State Unit of the B. P, namely, President and again in and General Secretary Following his victory in the General Elections to the 13 th Lok Sabha from the same constituency, he continues to hold the position of the Minister of State in the Ministry of Surface Transport.

He succeeds Justice M. Venkatachaliah who demitted office on 31 st October, Sheila Copps, Canadian Minister of Culture. Shri Ananth Kumar had discussion on subjects of mutual interest and co-operation in the context of globalisation and the problems related to internet and informatics. Subjects like music and films also came up for discussion. The Culture Ministers conformed to the subjects on preservation of culture and cultural identity. Both the Culture Ministers appreciated the efforts made by India for preserving the cultural identity.

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