GSN July edition

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It is letest edition of Global Standard News

Text of GSN July edition

  • If you are not taking care of your customer, your competitor will. - Bob Hooe

    New Delhi : The Government will provide a roadmap for ending corporate tax exemptions in the next 45 days, Revenue Secretary Shaktikanta Das said here , as part of a plan to lower the tax rate to 25 % in four years.Finance Minister Arun Jaitley, while presenting his annual Budget in February, had announced that the Government would gradually pare corporate tax by 5 per cent during the next four years from 30 per cent and roll back various tax exemptions.

    New Delhi : Rei tera t ing his government's resolve to not allowing the 'digital divide' to become a barrier between people, Prime Minister Narendra Modi launched the Digital India Week here during inauguration of digital India week, he exhorted the youth to not only use technology for the country's benefit, but also serve the world by building cyber-security solutions. He urged industry captains, who were present in huge numbers, to boost production of electronics devices and goods in the country as part of the Make in India initiative, leading to corporate pledging Rs. 4.50 lakh crore for the Digital India initiative.Drawing attention to global worries on cyber-security, Modi said digitization will mean a lot of data usage stored in servers or cloud. For that the country has to meet the challenge posed by the threat of the 'bloodless war', he added. Clouds of a bloodless war are hovering over the world. The world is terrified by this....India has a big role to play in this, he said, adding that India should accept the challenge to provide a shield to the world.Modi, who launched the 'Digital India' logo and released policy documents related to the initiative, said his vision o f e -gove rnance and mob i l e governance was when all important government services will be available on a mobile phone.I dream of a Digital India where

    ; 1.2 billion connected Indians drive innovation; technology ensures that the citizen-government interface is incorruptible, he said, adding that so many coal mines were auctioned but there is no allegation against the government because it was all done in a transparent manner (online).Similarly, the Digital India initiative was aimed at improving the lives of the common man. India may have missed the Industrial Revolution, but will not miss the IT revolution, he said.Assuring full support to young entrepreneurs who wished to launch start-ups, Modi called upon the youth to innovate and said 'Design in India' is as important as 'Make in India'.Among the top business honchos who pledged investments worth Rs. 4.5 lakh crore and employment to around 18 lakh people are Mukesh Ambani, Cyrus Mistry, Sunil Mittal, Anil Ambani, Anil Agarwal Azim Premji and global CEOs such as Ping Cheng of Delta Electronics.The honchos, who shared the dais with the Prime Minister, were given two-and-a-half minutes each to share their vision and commitment on the Digital India programme.

    high-speed digital highways unite the nation

    The railways are perhaps one of the most sought after travel methods in the country. They are convenient and also carry a lot of launched by Railway Minister Suresh passengers and is equipped with bio-people and goods at the same. Prabhu on June 21. toilets and vestibules for free There are several types of trains, from T h e A n g a m a l y - E r n a k u l a m - movement of passengers between inter-state to intra-state, from Delhi Tripunithura-Piravom train service is coaches. and Jaipur Metros to the Mumbai expected to help in reducing traffic There are other non-AC coaches in locals. It would be remiss to not call congestion in Kerela's fastest the train which have bench-type them the lifeline of many citizens of growing city. DEMU and MEMU cushion seats and large windows with the country. Indian Railways is also trains are trains that run short glass shutters. Prabhu said at a continuously adding to the plethora of distances in Semi-Urban and Rural f u n c t i o n a t t h e E r n a k u l a m services that it already provides. areas and usually carry daily Junction,It is for the first time in a The latest addition to this repertoire is commuter traffic. DEMU service, we have provided air India's first air-conditioned DEMU The AC coach has reclining-type conditioned service. We want to (diesel electric multiple unit) train comfortable cushion seats for 73 increase it further.

    Simla : The government o f H i m a c h a l Pradesh had signed an agreement with the

    Government of Spain to let them purchase carbon credits under the Bio-carbon Project of World common village land by villagers and Bank-funded HP Mid-Himalayan local communities who have banded watershed project. This project is together into groups. The financial being implemented in the state to benefits from the carbon credits will increase the livelihood means of the be directly passed on to the local marginalized people, mainly small communities and user groups as and marginal farmers. The agreement incentive for improved natural has led the government to receive the resource management practices. first installment of the sequestered Additional Chief Secretary (Forests carbon credits which is a sum of Rs and Environment) Tarun Shridhar told 1.93 crores. The Himachal Pradesh Media that The Project is registered government has received the cash u n d e r C D M p r o v i s i o n s an d benefits from the government of subsequently a purchased agreement Spain for implementing the climate was entered with the government of change mitigation project under the Spain through the World Bank for the Kyoto Protocol. sale of carbon credits. The forestry The beneficiaries of the cash benefits plantations raised on 3204 hectares are about 50,000 villagers from 602 became eligible for the first cycle of villages who all raised multiple forest carbon credits. The verification plantations on degraded public land in process for the first cycle was the mid and high hills under the completed in November, 2014. In community-led initiative. fact, the project is one of its kinds in As a part of Clean Development India and is under the public sector Mechanism (CDM), forest and other and community driven initiative in the plantations are being raised on the hill state.

  • Life can be pulled by goals just as surely as it can be pushed by drives. - Viktor Frankl

    If a failed monsoon could have million tonnes, also lower by 2.87 meant riots and lost elections in million tonnes than the previous the 1980s, it still means crop failures, year. As a result of setback in kharif and possible farmer suicides and as well as rabi seasons, the electoral debacles. Over forty per production of most of the crops in the cent of the agricultural area that gets country declined during 2014-15, the harvested continues to depend on reason why the government rains, without any irrigation support. continues to be worried. While the This grim fact looms large over all figures are proof of the genuine the technological advancements, political and social concerns over d a i l y a n a l y s i s , w a r n i n g s , delayed or deficient monsoons, contingency announcements and agriculture production statistics also ministerial proclamations that have tells us that Indian farmers might be become an annual drill every May- in the process of learning how to June period. minimise its impact on overall Last monh, Agriculture Minister agricultural output. That is because, Radha Mohan Singh informed that even when compared to a year of the latest monsoon predictions by the record production, 2014-15, which meteorological department point to a was rain deficient and saw 12 per cent deficient rainfall during unfriendly unseasonal rain and hail this season. Even before that his storm, the decline in agricultural ministry put in place a Crisis production was only 5.3 per cent.Management Plan (CMP) for The government preparations did drought 2015. All chief ministers help last year, but there was also an have been asked to expedite element of luck here. Some of the p r e p a r a t i o n o f s t a t e l e v e l regions where there was less rain fall 'Management Plan on Drought' at the were well irrigated areas, thereby state level. The monsoon situation minimising the impact. While there looks similar to the last year (2014- is no doubt about the need to increase 15), when bad monsoons affected the the reach of irrigation, public Kharif crops. investment in agricultural research, Last year's overall production of education, extension, soil testing, food grains also suffered because of warehousing and cold-storage etc. unseasonal rains and hailstorm that also helps minimise adverse impacts. affected the Rabi crops. As per 3rd Let us not forget that the latest Advance Estimates for 2014-15, N a t i o n a l S a m p l e S u r v e y total food grains production in the Organisation data indicates that country should be 251.12 million about 59 per cent of farmers do not tonnes, lower by 13.92 million get much technical assistance and tonnes as compared to the - monsoon know-how from government-funded favoured - record food grains farm research institutes or extension production of 265.04 million tonnes services. They rely on progressive in 2013-14. Total production of rice farmers, media, and private is estimated at 102.54 million tonnes commercial agents such as dealers of which is lower by 4.11 million farm inputs like seeds, fertilizers, tonnes than the last year's record and pesticides for technical production of 106.65 million tonnes. information. Effective measures to Production of wheat estimated at tackle adverse climatic conditions 90.78 million tonnes is lower by 5.07 should not be a once-in-a-year million tonnes than the record exercise. It should be a continuous, production of 95.85 million tonnes round the year exercise. Will the new achi