Thursday, August 23, 2012

US economy is to face recession in 2013

US Congressional Budget Office warns the country may fall into recession next year if it implements plans to cut spending and end its low tax policy. Budget Office said on Wednesday that the current tightening plan would reduce the budget deficit by almost 500 billion dollars compared to the previous year. This would bring the shortfall to just above 640 billion dollars for the fiscal year through September 2013.
But it says such sudden belt-tightening would result in an economic contraction of half-a-percent in the fourth quarter of next year, compared to a year earlier.The Office says the jobless rate would rise to about 9 percent in the second half of 2013. It’s currently in the 8 percent range.Democrats and Republicans have separately submitted bills to avoid falling off the so-called “fiscal cliff.” Media agencies

Construction Industry Development Council
EDP Cell
Plot No.18, Sector – 20A, Faridabad
Tel.: 0129-4193920, 920 Fax: 0129-4193915
Email:   Internet:    __________________________________________________________________
No. EDP/05-PRM/2012-13                                                                            July 30, 2012

Sub:     Executive Development Program on “Projects Risk Management”
On 25th September, 2012 at VKP, Faridabad.


         As you are aware, Construction Industry Development Council (CIDC), established by the Planning Commission, Govt. of India and the Construction Industry with unrelenting support from its Member organizations, State Govt Dept, PSUs, and other concerned agencies has made tremendous strides in organizing the construction sector in the country.

As part of our endeavours to intensify training initiatives we are organizing specialized training programs for the working professionals to update their knowledge in their respective fields. The next program will be focusing upon the very important issue of “Projects Risk Management”.  

The timely and cost efficient execution of projects have a number of inherent risk as in any business endeavor. Looking at magnitude of the challenges involved, CIDC has designed this program to construction related risk.    

       This one day training shall have discussions the concepts of Projects Risk Management.  The topics to be covered include:
     Risk Management for Construction projects and Risk Management with respect to each stage
       of the construction project
     Risk Management Planning
     Risk Identification, Assessment and Response Planning
     Risk Monitoring and Control

Training Pedagogy: Training would be conducted through discussion of theoretical concepts, case studies and related exercises to be done by the participants. After the training the participants shall be conversant with the theoretical concepts of Risk management, organization structure required for it and the techniques that they can apply on the projects.

Who should attend: Middle level executives of organizations associated with construction projects like Client organizations, Project Management consultancy organizations and Contracting organizations.

Course Director:  

Dr. Vanita Ahuja is an Architect and has done M.Tech in Construction Management from IIT Delhi and PhD in construction Management from Australia.

               Kindly let us know the number of persons you would be nominating so that necessary arrangement could be made. Participation can only be treated as confirmed upon written confirmation from our end.

            In case you have any further query, please revert back to Ms. Lakshmi Mobile No.9810714921, Tel. 0129-4193920 Tel. fax. 0129-4193915, email ID: .

         With warm regards,                                                                                                              
Yours sincerely,
for Construction Industry Development Council

 (Dr. Shuchita Kumar)
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SportzPower Daily
Aug 23 Vol 01, Issue 1008
IMG-R presents Indian football blueprint today
AIFF's commercial rights holder IMG-Reliance to present roadmap for taking football forward in the country; clubs firm that making I-League a legal entity should be start point of discussions.
Consistent Recognition And Rewards Necessary For Athletes To Bring In The Gold
SPORTZPOWER VIEW - One wonders what award Vijay would have received if he had finished fourth in the Olympics, without a medal, though he has been a consistent winner in the international arena.
ED issues notices to BCCI for irregularities in foreign exchange: Govt
ED has issued show cause notices to BCCI and its officials for contravention of Foreign Exchange Management Act, involving Rs14.232bn
ESS signs year-long ad deals for cricket events worth Rs2.8bn: report
ESPN STAR Sports reportedly inks ad deals worth Rs2.8bn with four brands in order to insulate itself from any drop in ratings during the long cricket season which starts Thursday.
WPP backs TAM, threatens to sue NDTV for defamation
Strongly endorsing viewership measurement carried out by TAM, WPP says, it is “proud of the service it has been delivering to the market for 14 years, and the way in which investment in technology has been applied to the service”.
BCCI gets two weeks from angry HC to file reply on IPL payment dues
Bombay High Court gives BCCI, Maharashtra state government two weeks to file reply on a PIL regarding non-payment of dues from IPL 2010 to the Navi Mumbai police.
HI ok for WSH players in Nationals
Hockey India clears way for players who were part of "rebel" World Series Hockey to compete in second edition of HI’s national championship that kicks off next month.
Learning Module – Player Selection Disputes: Comparative Legal Analysis
One of the most challenging tasks for any national or international governing body of a sport is the development of fool proof criteria for team selection. However, a large part of the selection process comprises a subjective element that cannot be quantified.


German GP: Alonso Strengthens Championship Lead

PIT STOP PUNDIT - Force India split tyre strategies between their drivers who fight excessive tyre wear to eventually finish 9th (Hulkenberg) and 11th (Di Resta).

'Champions League and WWE not only give us good advertising traction, they also deliver higher sticky revenues'

ATUL Pande, CEO of Sports Business,

Puma’s first ever ‘green’ store to open in Bangalore(Hindu Business Line )
Stop ad of Sachin at funeral, Yuvraj digging grave: BCCI to Sahara(Indian Express )
Row with Srikkanth may cost Mohinder Amarnath top job(Indian Express )
Buchi Babu and the coming of age of native cricket (The Hindu )
Indian fans will settle for nothing short of victory(Hindustan Times )
Indian cricket’s tricky transition(The Hindu )
India's Golden Generation of Cricket Stars Is Down to One(New York Times )
Graceful till the very end(Mint )
Laxman's retirement leads to poor ticket sale(Deccan Herald )
FC Bayern Munich extends 4-yr partnership with Telekom(SportzPower )
MasterCard is new official sponsor of Brazilian national football team(SportzPower )
F1 needs to be less 'random' says Mercedes boss(Reuters )
Hope to put in better performance at Indian GP this year: Narain Karthikeyan(Times of India )
Hamilton certain to commit to us: McLaren boss(NDTV )
Why we should celebrate India's showing at London 2012(NDTV )
Our very own Olympic quest(Mint )
Cash bonanza for top 12 finish at London Games(The Hindu )
Omega extends European Masters title sponsorship till 2017(SportzPower )
IEC in Sports to sell Marcialonga title sponsor rights(SportzPower )
Toyota extends sponsorship of IAAF World C’ships till 2017(SportzPower )
South Zone junior athletics: Kerala regains overall title(The Hindu )
UK Entrepreneur Lord Karan Billimoria to address Indian Entrepreneurs at Delhi next month
Britain to up its India focus: To invite Indian entrepreneurs

New Delhi August 23, 2012
Eminent thought leaders on entrepreneurship, start-up strategists and fund managers are heading to New Delhi next month for India’s annual conference on entrepreneurship. 

The Indus Entrepreneurs (TiE) conference -- TiEcon Delhi 2012 -- with 1000 entrepreneurs and start-ups wannabes will be addressed by leaders including  
celebrated first generation entrepreneur Lord Karan Billimoria will be speaking at the opening session of TiEcon Delhi 2012, Asia’s biggest entrepreneurial gathering, on September 28, 2012 on how to spot opportunities and pitfalls as an entrepreneur and how to handle success and failure.

Lord Billimoria, who founded Britain’s most loved beer brand Cobra and received the CBE in 2004 for services to business, is President of the UK-India Business Council and a founding member of the Prime Minister of India’s Global Advisory Council.

British High Commissioner to India Sir James Bevan CMG will kick off the two- day TiEcon at New Delhi on Friday September 28, 2012, opening United Kingdom’s doors to Indian entrepreneurs in a host of exciting areas in science, technology and education.

Britain’s Trade and Investment Board, charged with promoting investments by entrepreneurial firms in the UK, is sending a high-level delegation led by its UKTI’s dealmaker Alpesh Patel, to the TiEcon.

Dr Robert H. Gertner, Professor and Deputy Dean at Chicago University’s Booth School of Business will expound time-tested mantras of entrepreneurial strategy and social entrepreneurship.

Several American fund houses specializing in early stage and growth stage start-ups in the Technology, Internet, Mobile, Education, Media and Lifestyle domains will participate in the deliberations and share their funding experience in India while unveiling their future strategy for the country.

Large US fund houses are expected to announce their India investment plans as well. This may add significantly to the overall investor confidence in Indian start-ups. 

Dwelling on the conference theme “Entrepreneurship -Thriving in Chaos”,
Mr Sanjeev Bikhchandani, President, TiE Delhi-NCR said, “TiEcon Delhi 2012 is a celebration of dreamers who, unmindful of a hazy future, are striving to push the bar of economy through innovation, perseverance and determination.

“The TiEcon Delhi 2012 organising team is putting together an agenda that will showcase innovators, risk takers and doers who have created opportunities out of nowhere. The event offers an opportunity to hear inspirational success stories of entrepreneurs and TiE Charter Members,” he added.

Likening the event to a mini MBA of entrepreneurship, Mr Pramod Bhasin, Chairman, Organizing Committee TiEcon Delhi 2012, said, “We are putting together a series of interactive sessions with opportunities to learn, where entrepreneurs can pitch their ideas and plans, and engage with angel investors, early and growth stage fund managers. TiEcon Delhi 2012 is going to be the two most powerful days for entrepreneurs looking to get mentored, to network and to celebrate success.


SAP India, a subsidiary of SAP AG, as part of its CSR activities, announced an initiative to improve citizen services and village administration in the Shillong region by deploying a cloud based e-governance solution. This is an extension of a similar model that SAP pioneered with the SODA village in Rajasthan. In order to ensure transformation at the grassroots, SAP has collaborated with the Rajiv Gandhi Indian Institute of Management-Shillong (RGIIM-S) for this project. 

“Contributing to the development of rural India is a major focus of SAP’s CSR initiatives,” said, Peter Gartenberg, Managing Director, SAP India. “By collaborating with RGIIM-S, We are striving to make village administration more effective, transparent and accountable in delivering citizen services. We intend to effectively use our expertise in the North East region and create a scalable model to go to the 600,000 similar villages across India.”

As a part of the project, SAP will automate several operational areas including, tracking and control of funds; budget and expense management, accounting; management of local assets; project and scheme implementation and citizen services. SAP will also facilitate trained resources to operate the solution, and provide its expertise during the course of the project. RGIIM-S will provide SAP with the necessary advisory support to gain understanding of the local environment, help identify project sites and liaison with local administration bodies where required.

Configured on SAP Business ByDesign, a fully integrated business management solution delivered on demand, this project will result in improved transparency, control and governance. It will be initiated at the semi-urban localities of Mawlai Nonglum and Mawdatbaki, and will subsequently be rolled out to a village Dorbar jointly identified by SAP and RGIIM-S.

“SAP’s project for the Mawlai area will provide the local headman and citizens reliable access to records and services, better insight into budgeting and spending, and support quicker decision making, without a complex and cumbersome IT infrastructure”, said, Prof Keya Sengupta, Director, RGIIM-S. “We are pleased to collaborate with SAP on this initiative, and will support this by way of advising SAP on the local aspects through RGIIM-S Centre for Development for the North East Region (CEDNER),” she added. 

“Initiatives like these echoes SAP's global interest in helping Governments run better,” said Adaire Fox-Martin, Senior Vice President Industry Business Solutions, SAP Asia Pacific Japan “SAP's strategy for an inclusive, effective and transparent government includes good governance, user empowerment, community engagement and improving services for rural and urban resilience. We intend to replicate this unique paradigm in many more villages and hence improve lives.”

RGIIM-S is an autonomous management school set up by the Government of India, with a vision of expansion and mobilisation of facilities for offering good quality management education, research and dissemination of information in the North Eastern region of India. Till date the Institute has by means of its expertise and innovative approaches stood committed to the idea of being socially relevant in the area of its operations.
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Bashar al-Assad may step down

 ON AUGUST 23, 2012


A top Syrian minister has held out the prospect of strongman Bashar al-Assad stepping down as part of a peace deal and said the govt is ready to enter into a dialogue with Opposition on the issue of Assad’s exit but it should not be a pre-condition for talks.
International powers including the US have long said Assad should step down as part of any negotiated settlement to end 17 months of bloodshed that activists say has killed 23,000.
The comments from Syria’s Deputy Prime Minister Qadri Jamil came following talks with Foreign Minister Sergei Lavrov and other Moscow officials who are keen to keep their sway over the Soviet-era ally in case of the fall of Assad.
Jamil rejected the idea of making Assad’s resignation the condition for any future negotiations – a demand made not only by the armed opposition but also Washington and several big European states.
But he said the president’s departure could be a topic of discussion.
“As far as his resignation goes – making the resignation itself a condition for holding dialogue means that you will never be able to reach this dialogue,” said Jamil.
But the minister added in remarks translated into Russian: “Any problems can be discussed during negotiations. We are even ready to discuss this issue.”
The United States announced on Monday that it would be promoting Assad’s resignation during meetings with new UN peace envoy Lakhdar Brahimi despite his initial refusal to back the idea.
Kofi Annan’s recent replacement had earlier this week said it was still too early for him to say whether pushing for Assad’s ouster was the right strategy at this point in the conflict.
US pressure on Syria escalated still further on Monday when US President Barack Obama implicitly threatened to launch an attack should the Damascus regime deploy a chemical weapons stockpile it acknowledged having only last month.
The US leader said pointedly that he had not ordered military engagement against the Syrian regime “at this point”.
But Assad’s use of chemical weapons “would change my calculations significantly”, said Obama.
Jamil waved off the threat as part of US election politics rather than an actual declaration of intent.
“Obama’s threats are simply propaganda linked to the US elections,” Jamil told reporters on Tuesday.
Jamil was paying his second visit to Moscow in two weeks in a bid to put the fishing touches on a framework agreement for fuel supplies and other urgent Russian assistance and loans.
The country’s top aid negotiator admitted that he had failed to secure a financial rescue promise on this occasion because the Russians preferred to talks about the fighting now raging on the ground.
“The issue of a Russian credit was discussed during my previous visit,” Jamil confirmed in reference to his early August appearance in Moscow. “This time, we focused more on political issues.”
The comment appears to betray a growing impatience by Russia to achieve some sort of progress toward peace talks it has been backing in the face of escalating violence and little sign of concession from Assad.
Russia has adamantly defended Syria against the threat of foreign military invasion and still continues to formally supply Assad with heavy weapons under contracts it signed before the fighting broke out.
But its efforts to get new international talks going on Syria at the United Nations ended in fiasco earlier this month when most world powers pulled out.
Many of them called Russia’s efforts futile because of the sides’ vast diplomatic differences and the rapidly growing death toll on the ground.
But Russian Foreign Minister Sergei Lavrov said Moscow could adopt no other position.
“There should be no interference from the outside,” Lavrov said after his talks with the Syrian minister.
“The only thing that foreign players should do is create conditions for the start of dialogue,” Lavrov said.

BJP New OFBJP team for global affairs

Overseas Friends of BJP (Overseas Affairs)
11, Ashok Road, New Delhi-110 001
Email: Telefax: (011) 2953-4455

New OFBJP team for global affairs

New Delhi, 22nd Aug 2012 : BJP Overseas Affairs Convener Mr. Vijay Jolly, Ex. MLA Delhi today announced the new OFBJP team to coordinate BJP global affairs world wide. The OFBJP team includes senior BJP leaders, Members of Parliament & Ex. Indian Ambassador. The members in the new OFBJP Executive Committee are : -

01. Mr. V. Shanmuganathan, Samanvak
02. Mr. Vinod Khanna, Ex. MP
03. Mr. C.P. Radhakrishnan, Chennai
04. Mr. Dev Das Nayak, Shivmoga
05. Mr. Avinash Rai Khanna, MP, Punjab
06. Mr. Bhupinder Kansil, Delhi
07. Mr. J.C. Sharma, Ex. Ambassador
08. Mr. Vijay Mehta, Delhi
09. Mr. Ajay Kr. Patel, UP
10. Dr. Abhilasha Sharma, Delhi
11. Mr. Sunny Tewatia, Vancouver
12. Mr. Jayesh Patel, USA
13. Mr. Shekhar Tiwari, USA
14. Mr. Adapa Prasad, USA
15. Mr. Chandrakant Patel, USA
16. Dr. Rajesh Shukla, USA
17. Dr. Surendra Sharma, UK
18. Mr. Lalu Bhai Parekh, UK
19. Mr. Amit Tiwari, UK
20. Mr. Shashikant Patel, UK
21. Mr. Nachiket L. Joshi, UK
22. Mr. Vaibhavkant Upadhyay, Japan
23. Mr. Mohan Singh Varma, Norway
24. Mr. Anil Sharma, Norway
25. Mrs. Reena Pushkarna, Israel
26. Mrs. Nalini Gaywali, Nepal
27. Dr. Sudhanshu Trivedi, UP

OFBJP Advisory Board
01.          Mr. Kedarnath Sahani
02.          Shri. Vinay Sahashrabude
03.          Smt. Najma Heptullah, MP
04.          Mr. Piyush Goyal, MP
05.          Mr. Dushyant Singh, MP
06.          Mr. Manvendra Singh, Ex. MP
07.          Mr. Nishikant Dubey, MP
08.          Ms. Vani Tripathi

Shri. Padmanabha B. Acharya is the current Sah-Prabhari & Shri. Amit Thakkar is the Co-Convenor of OFBJP at the National level.


Meet reviews the fodder distribution plan for
Saurashtra, Kutch and north Gujarat regions
Approval to various incentive schemes for farmers and NGOs
with a view to encourage fodder cultivation
Order issued for giving Rs.25 per animal per day to
every Gaushala and cattle feeding houses
Fodder depot will be started in the village cluster of the radius of 15-km
91 fodder depot in scarcity-hit regions

The State cabinet meet, headed by Chief Minister Narendra Modi, today reviewed the plan forfodder management and distribution in connection with water scarcity in Saurashtra, Kutchand North Gujarat. The meet took decision of giving an assistance of Rs.25 per animal per day to every Gaushala and cattle feeding houses managed by NGO/trusts in scarcity-hit areas.

Giving details of the decisions taken in the meet state government spokespersons HealthMinister Jay Narayan Vyas and Minister of State Saurabh Patel said the government, in itsscarcity management plan and district contingency plan, has given priority to making availablesufficient fodder to the animals.

Spokespersons said that at present fodder is being distributed through 91 fodder depots at the concessional rate of rupees two per kg. So far, about 11 lakh kilo fodder has already been distributed to cattle-breeders. Considering the need of more number of fodder depots thegovernment will form village clusters in every 15 km. radius and will start new fodder depots there on war footing. The government is in the process of purchasing five crore kilogram of fodder from open market. Orders have been issued for providing this fodder to the cattle-breeders at the concessional rate of Rs.2/kg, added the spokespersons.

Besides, the orders have been issued for implementation of various incentive schemerelatedto the cultivation of green fodder. The incentive schemes are as follows:

·        special allocation of Rs.75 crore has been approved for providing free-of-cost seeds and fertilizer kits to the farmers (for 2 acres) and to the organizations (for 10 acres).

·        Incentive of Rs.5000 per hectare will be given for the cultivation of fodder.

·        grant of Rs.20,000 per hectare (maximum to rupees one lakh) will be given toeach village panchayat for removing wild babul and cultivating fodder in the five hectare of gochar land of the village.  

·        Approval for cultivating fodder will be given to individual farmers (2 to 2.5 acre) and to voluntary organizations/trusts (up to 25 acre) in the land of Sardar Sarovar Narmada Nigam which falls along both the sides of Narmada canal. Water will also be made available for one year without cost.

·        Farmers’ contribution for using 2322 wells of water resource developmentcorporation will be do away with and instead the farmers will be given facility for dripirrigation at 100 percent government expense.

·        In order to meet the scarcity of drinking waterapproval has been given toagriculture produce market committees for giving contribution up to a limit of Rs.50 lakhfrom the market fund, with the consent of taluka committee.

The government is committed to provide sufficient fodder to the animals and for efficientimplementation of these incentive schemes. State government will spare no efforts in providing sufficient fodder to the animals, spokespersons said.

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