Sunday, June 4, 2017

PHILIPPINES GOVT REACHES CEASEFIRE AGREEMENT WITH MILITANTS

Philippines, the government has reached a ceasefire agreement with militants in Marawi, to rescue up to two thousand civilians trapped in the city for nearly two weeks.
According to reports, the agreement has been negotiated by Moro Islamic Liberation Front whose unarmed members will also be responsible to shift the civilians to safer places. A government official said today that those trapped in the city need immediate help as they have been without food for the last thirteen days.

SYRIA’S PRESIDENT : WAR’S WORST FOLLOW US

Syria’s President Bashar al-Assad has said the worst of his country’s six-year war is behind them after a string of advances by his forces backed by key ally Russia.
In recent months, Assad’s troops and allied fighters have retaken territory across the country, including recapturing all of Aleppo city in December after years of fighting.
In an interview in Damascus with a India-based television station, the Syrian President said that things now are moving in the right direction, which is a better direction, because Syrian troops are defeating the terrorists.
The interview was released by the Syrian presidency today.
More than 320,000 people have been killed in Syria since the conflict began in March 2011 with demonstrations against Assad’s government.

AFRICAN UNION DISAPPROVES TRUMP’S PARIS ACCORD

African Union has disapproved US President Donald Trump’s decision to pull out of the landmark Paris climate deal and reaffirmed its full and unconditional support to the deal.
Expressing its full support for the initiative, the current head of the regional grouping, Guinean President Alpha Conde, called for the matter to be discussed at the G 20 summit in Germany next month.
In a statement on behalf of the African Union, Conde urged the international community to put in place the Paris accords and accelerate that process. President Trump has announced that the United States will withdraw from the 2015 Paris accord and try to negotiate a new global deal on climate change.

THE FISME FACTOR

If you are unable to view this mailer, click here.
The FISME Factor
President’s Message
Dr. Sangam Kurade, President, FISME” It was an honour for FISME to organize the first India Commonwealth SME Trade Summit in New Delhi. Welcoming the policy makers and delegates from scores of Commonwealth nations, I tried to attract their attention towards Trade Facilitation. It is an issue of critical importance for SMEs. Today, the biggest challenges that SMEs face while exporting are in the realm of non-tariff. The unavailability of relevant information required for clearance of goods, opaque procedures, technical standards and lack of MRAs among labs frustrates SMEs’ efforts for accessing new markets. While in many countries, institutional arrangements have been put in place following WTO Trade Facilitation Agreement, it continues to be an uphill task for SME exporters to leverage them for ironing out market access barriers in importing countries. FISME strongly advocated how the private sector led arrangement of cooperation could be facilitated to smooth market access and facilitate trade. The participating policy makers and SMEs discussed, debated and agreed upon a Framework of MSME Cooperation covering most of the issues we raised. The framework was adopted as declaration as the outcome of Summit. It was heartening for me personally and professionally to be part of the facilitative process. ”
Mr. Dinesh Chandra Tripathi, President, FISME
Vol V, Issue 132: June 1, 2017
Activities
Business Banter: Lessons from Entrepreneurs
Macro Metre
Domestic Digest
State Scan
World Watch
Knowledge Store
…And A Lot More
Attn: All MSMEs
ESI and EPF amnesty scheme
A onetime window to employers to join ESI & EPF and regularize your records without reprimand on past non-compliance
Now extended to 30th June 2017
Activities

FISME ORGANIZED 1ST INDIA COMMONWEALTH SME TRADE SUMMIT IN NEW DELHI

Commerce Secretary for Government of India Ms. Rita Teaotia and Deputy Secretary General of Commonwealth Mr. Deodat Maharaj jointly inaugurated the first India Commonwealth SME Trade Summit on 30th June 2017 in New Delhi. Secretary MSME Dr. K.K. Jalan presided over the concluding session wherein the Framework of MSME Cooperation was adopted. The Summit was jointly supported by Department of Commerce, Ministry of Commerce and industries, Government of India and the Commonwealth secretariat (London), Over 400 delegates from over 25 countries participated in the Trade Summit including senior officials from Commonwealth countries. Besides the highly sought after Business-to-Business meetings, three concurrent Forums were also held during the Summit. A high level policy dialogue Forum was addressed by five permanent Secretaries from Commonwealth countries. The Technology and Innovation Forum was organized by University of Nottingham and the Haydn Green Foundation (UK). Participating senior policy makers and leaders of SME associations and Chambers from the Commonwealth countries discussed and agreed to create Framework of MSME Cooperation within the Commonwealth. Besides the Secretaries of Commerce and MSME, the senior officials from Government of India who chaired or coordinated different sessions included Additional Secretary Commerce Mr. Anup Wadhavan, Additional Secretary & Development Commissioner MSME Mr. S N Tripathi, Joint Secretary Commerce Mr. Damu Ravi and Director Commerce Mr. Bipin Menon.
Read More   Bach to Top
Is demonetization responsible for decline in India’s GDP? *
  • Yes
  • No
  • Can’t say
Business Banter: Lessons from Entrepreneurs

BUILD YOUR PERSONAL BRAND AS WELL AS YOUR COMPANY BRAND

As entrepreneurs, we all follow our own path. For some, the rise to financial success is a long, slow, painful process. For others, things just seem to magically fall into place. I believe that the latter isn’t a result of magic, however, but is the sure sign of an entrepreneur who understands the importance of learning from, adapting to and growing with their business.
Read More   Bach to Top
Writing on the Wall

MODI GOVERNMENT: THE NEXT TWO YEARS

One of the reasons why growth has remained subdued in the last few years is the collapse in private sector investment. All efforts should be made to strengthen the corporate bond market in order to channelize long-term finance for Indian companies.
The next level of reforms should simplify laws in the land and labour markets, which will significantly improve the ease of doing business in the country.
Media Monitor

MACRO METRE

GDP TO ACCELERATE BY 0.75 PC IN FY18, SAYS CEA

NEW DELHI: Chief Economic Adviser Arvind Subramanian today said the GDP growth is expected to further pick up by 0.75 per cent this fiscal on the back of policy support including macroeconomic measures. “Overall, my sense is that the economy could do with all the policy support it could to bring it back to full potential, especially, all the macroeconomic instruments that should be deployed to get the economy back to its full potential,” he said while reacting to subdued GDP number of 7.1 per cent for 2016-17.
Read More   Bach to Top

AYE FINANCE SCOOPS $ 8 MN FUNDING FROM BLUE ORCHARD; AIMS FINANCING MSMES

Non-banking Finance Company (NBFC) Aye finance in a recent engagement with an International investment manager Blue Orchard, raised funds of 8 million dollars. These funds were raised through Non-Convertible Debentures with a maturity period of five years. Blue Orchard was formed under an initiative of the United Nations to manage microfinance debt investments worldwide. The company has extended funds of 8 million to Aye Finance.
Read More   Bach to Top

GOVT APPROVES STRATEGIC PARTNERSHIP MODEL IN DEFENCE

The Union Cabinet has given its nod to the ‘strategic partnership’ model under which select private firms will be roped in to build military platforms like fighter jets, submarines and battle tanks. The policy will give a boost to defence manufacturing by private defence majors including leading foreign firms. After the cabinet meeting, Defence Minister Arun Jaitley said the government wants to implement at the earliest the new model which is aimed at production of major defence platforms and equipment by Indian companies in collaboration with leading foreign firms.
Read More   Bach to Top

GST WILL HELP SMES GROW, PUT AN END TO TAX CORRUPTION: GST COUNCIL OFFICIAL

With a little more than a month remaining for the implementation of the Goods and Services Tax (GST) in the country, the GST council has indicated that under the new tax regime there is huge scope for the Micro, Small and Medium Enterprises (MSMEs) to grow further. Arun Goyal, Additional Secretary of the GST council in a lecture at India International Center made these remarks. He further informed that over a period of time, the GST council is looking towards reducing the number of tax slabs. Currently under the GST bill, there is 5 per cent, 12 per cent, 18 per cent and 28 per cent tax slab; this might be reduced to 1 or 2 tax slabs.
Read More   Bach to Top

DOMESTIC DIGEST

EY LAUNCHES DIGIGST TO HELP BUSINESSES COMPLY WITH GST

In a bid to help out Indian businesses floundering to comply with the Goods and Services Tax (GST), Ernst & Young (EY) has announced the launch of DigiGST – an integrated GSP-ASP (GST Suvidha Provider- Application Service Provider) solution that provides organisations with end-to-end GST compliance support. The company has hosted DigiGST on Microsoft Azure to ensure security to its clients. “The launch of GST is perhaps India’s most significant and complex economic reform and technology will play a critical role in this transformation journey.

RBI HAD ADVISED BANKS TO REVIEW THEIR EXISTING LENDING POLICIES TO MSMES: SS MUNDRA

With a view to provide timely financial support to MSMEs facing financial difficulties during their Life Cycle, RBI had advised the banks to review their existing lending policies and incorporating therein, among others, provisions for sanctioning of Standby Credit Facility in case of term loans, Additional Working Capital Limits, Mid Term Review of Regular Working Capital Limits, and Timelines for Credit Decisions, said SS Mundra, Deputy Governor, RBI.

INDIA SUGAR OUTPUT EXPECTED TO JUMP ON DECENT MONSOON

India’s 2017/18 sugar production will likely jump a quarter from the previous year to 25 million tonnes as decent monsoon rains are forecast, the head of an industry body told Reuters. That rebound in output to volumes near consumption levels could sap demand for imports from the world’s biggest consumer of the sweetener, dragging on international prices that are already near their lowest in over a year.

PRODUCTION OF HORTICULTURE CROPS LIKELY TO TOUCH 295 MILLION TONNES

Production of horticulture crops such as fruit and vegetables have seen an increase over the previous year. The production is estimated at 295 million tonnes in 2016-17 crop year ending June, shows the second advance estimates released by the agriculture ministry on Tuesday. Compared to the previous year when production was 286.18 million tonnes, the harvest is 3.1% higher. It is also 2.7% higher over the first advance estimate issued in February largely due to rise in on ..

FISHERIES SECTOR EXPECTED TO TOUCH RS 1.5 LAKH CRORE BY 2020: ASSOCHAM

Urging the government to double the outlay of Rs 3,000 crore for development and management of fisheries sector, apex industry body Assocham on Tuesday said that India could achieve about 16 million metric tonnes (MMT) of inland and marine fisheries’ production by 2019-20 thereby adopting a target oriented approach to achieve eight per cent growth year-on-year. “Aided by government’s efforts to bring systemic changes in processing sector, the domestic segment in raw and processed fisheries sector in value terms is expected to touch Rs 1.5 lakh crore by 2020 and total domestic retail market is forecast to cross Rs 61 lakh crore or almost triple in next 4-5 years,” noted a just-concluded Assocham study titled ‘Fisheries in India: Potential & prospects; Reference state – West Bengal.’

ADB-PNB SIGN $100 MN LOAN TO FINANCE SOLAR ROOFTOP SYSTEMS ON INDUSTRIAL AND COMMERCIAL BUILDINGS

The Asian Development Bank (ADB) and the Punjab National Bank (PNB) have signed a USD 100 million loan to finance large solar rooftop systems on industrial and commercial buildings throughout India. The loan will be guaranteed by the Government of India. PNB will use the ADB funds to make further loans to various developers and end users to install rooftop solar systems. This is the first tranche loan of the USD 500 million multi tranche finance facility Solar Rooftop Investment Program (SRIP) approved by ADB in 2016.
State Scan

WEST BENGAL

WEST BENGAL GOVERNMENT TO UTILISE ITS UNUSED LAND FOR FRUIT FARMS

West Bengal government has decided to utilise its unused land for setting up fruit farms. The project will start with a farm on 810 hectares unused piece of land, spread over Ranibandh, Raipur, Simlapal, Onda, Taldangra, Hirbandh and Indopur blocks of Bankura district. This is part of a mega project named as ’Horticulture Development in Paschimanchal Districts’. Five districts forming the western region of the state are part of this project – Bankura, Purulia, Paschim Medinipur, Birbhum and West Burdwan.

ODISHA

ODISHA’S FIRST MEGA FOOD PARK INAUGURATED; HAS FACILITIES OF FULLY OPERATIONAL INDUSTRIAL SHEDS FOR SMES

Odisha’s first Mega Food Park, M/s MITS Mega Food Park Pvt Ltd, has been inaugurated today by Harsimrat Kaur Badal, Minister of Food Processing Industries at Rayagada. The food park has facilities of fully operational industrial sheds for SMEs along with developed industrial plots for lease to food processing units. This is the 7th Mega Food Park operationalized in the last 3 years by the present government.

HARYANA

KALRAJ MISHRA TO FLAG OFF MSME SAMMELAN IN HARYANA

The Haryana Government has invited the Union Minister for Micro, Medium and Small Enterprise (MSME) Kalraj Mishra for the scheduled MSME Sammelan on 30th of May in the state of Haryana. The MSME Sammelan is expected to be on the lines of innovation in the MSME sector. The Sammelan is likely to feature exhibition of various achievements and advancements by the industrial units in Haryana. The MSME Sammelan is being organized under the theme “Small is the new big”.

WEST BENGAL

SYNERGY SUMMIT IN WB’S BANKURA DISTRICT BAGS BUSINESS PROPOSALS WORTH RS 600 CR, 305 PROPOSALS FROM MSMES

The Bankura district administration in West Bengal has received investment proposals worth Rs 600 crore at the received investment proposals worth Rs 600 crore. According to All India Trinamool Congress (AITC) around 305 investment proposals came from micro, small and medium enterprises (MSMEs) and the other proposals were from large industries. MSMEs like bakeries, rice mills, mechanised stone-crushing units, small-scale units manufacturing agricultural tools and roofing tiles, poultry fodder-making, agro-servicing units, sal-leaf cup-and-plate manufacturing, automobile painting and many others are successfully running their trade in the district.

UTTARAKHAND

BELGIUM TO INVEST IN INDUSTRIES IN UTTARAKHAND

The European country Belgium has recently expressed its interest to invest in the industries in the state of Uttarakhand. A delegation of Belgian trade counsellors led by Belgian Ambassador Jan Luykx recently met Chief Minister of Uttarakhand Trivendra Singh Rawat. During the talks the delegates have proposed investments in sectors including the herbal, food processing, aromatic plantation and spice sectors.
World Watch

MOROCCO    

INDIA AND MOROCCO CALL FOR CLOSER COOPERATION IN TRADE SECTORS

During the 5th India Morocco Joint Commission Meeting (JCM) held in Rabat on 25 and 26 May 2017, both countries intensified the strong bilateral relations and provided an impetus for closer cooperation between the two countries in the political, commercial, cultural, and trade sectors. Nirmala Sitharaman, Commerce and Industry Minister gave keynote address at the Industry Day of Morocco in Casablanca, organised by the Ministry of Industry, Investment, Trade and Digital Economy of the Government of the Kingdom of Morocco.
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CHINA    

INDIAN EXPORTS TO CHINA RISE SHARPLY BY 20% IN FIRST FOUR MONTHS

After years of decline, Indian exports to China rose sharply in the first four months of this year registering a 20 per cent increase to $5.57 billion, though the trade deficit continued to persist. Indian exports received a major boost mainly due to China increasing the steel consumption by importing big quantity of iron ore as well as gems and diamonds besides cotton materials. The India-China trade grew by six per cent to $26.02 billion from January to April this year, according to the data of China’s customs accessed by PTI.
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AFRICA    

INDIA-AFRICA RELATIONS CAN SHAPE FUTURE OF THE WORLD: ARUN JAITLEY

India and Africa can partner and their strong relations can be instrumental in shaping the future of the world, Finance Minister Arun Jaitley said at the inaugural of the 5 day Annual meeting of the 1st African Development bank summit in Gandhinagar. The Minister further said that the India-Africa partnership model provides huge scope as the inter-dependence is voluntary without any imposition and compulsions. The relations between the two nations have progressed to whole another level.
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SWEDEN    

INDIA-SWEDEN HOLD TALKS ON COOPERATION IN MSME SECTOR AT JCEC

The 18th Session of India-Sweden Joint Commission for Economic, Industrial and Scientific Cooperation (JCEC) took place recently in the national capital. The discussion focussed on various themes including the cooperation between the two countries in the MSME sector Nirmala Sitharaman, Commerce and Industry Minister represented the Indian delegation at the JCEC and Ann Linde, Minister for Trade and EU Affairs and Foreign Affair Minister headed the Swedish delegation during the meet.
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Upcoming Events
B2B Meetings with
Multisector delegation from Taiwan visiting New Delhi 
Date: 8th June 2017| 9AM TO 5.30PM
FISME Delegation to:
Food Taipei 2017 – 27th Edition 
(Taipei International Food Show – http://www.foodtaipei.com.tw)
Date: 20th – 24th June 2017
FISME’s official Twitter handle 
@fisme
Knowledge and News Network (KNN)
KNN India’s official Twitter handle 
@knnindia
Anil Bhardwaj, Secretary General 
@abhardwaj_fisme
Other Events

INTEC

Date: 01-05 Jun 2017
Venue: CODISSiA, Coimbatore
See Details

INTERNATIONAL CONFERENCE ON FORESTRY FOOD AND SUSTAINABLE AGRICULTURE

Date: 04 Jun 2017
Venue: HOTEL MADHAV INTERNATIONAL, Pune, India
See Details

TOTAL AGILENT EXPERIENCE

Date: 06-07 Jun 2017
Venue: Ramada Powai Hotel And Convention Centre, Mumbai
See Details

MOTEK INDIA

Date: 08-10 Jun 2017
Venue: Bombay Convention & Exhibition Centre, Mumbai
See Details

CONTROL INDIA

Date: 08-10 Jun 2017
Venue: Bombay Convention & Exhibition Centre, Mumbai
See Details

HYDERABAD JEWELLERY PEARL & GEM FAIR

Date: 09-11 Jun 2017
Venue: Novotel Hyderabad Convention Centre, Hyderabad
See Details

ORGANIC & AYURVEDA EXPO

Date: 09-11 Jun 2017
Venue: Chennai Trade Centre, Chennai
See Details
Your Views

ARE SMES READY FOR GST?

According to the FISME Factor, 100 percent of Micro, Small & Medium Enterprises (SMEs) are ready for GST.
Knowledge Store

HR HEURISTICS

ETHICAL AND INNOVATIVE HR PRACTICES

The concept of human resource management (HRM) and human resource development (HRM/HRD) is an organized learning experience aimed at matching the organizational need for human resource (HR) with the individual need for career growth and development. It is a system and process involving organized series of learning the activities designed to produce behavioural changes in human beings in such a way that they acquire desired level of competence for present as well as future role.

FINANCE FUNDAMENTALS

WHAT SETS LOAN FRAME APART IN THE $300B INDIAN SME LENDING MARKET

While the success of India’s demonetisation is being debated across both commercial and political corridors of power, there hasn’t been a better time for financial firms in the lending market. The surplus liquidity of cash in bank coffers has caused even banks to announce rate cuts on the loans provided.

MARKETING MANTRAS

10 IMPORTANT TIPS FOR B2B MARKETING SUCCESS FOR SMALL BUSINESSES IN INDIA

Lead generation through effective B2B marketing is very important to stay competitive in the market. If you are not able to getting business leads through your marketing efforts, it means it will become problematic for your business as no revenue will come sooner or later.You may be familiar about how difficult it has been to market your services and products by using available sources smartly.

POLICY POLEMIC

MSMES IN NORTHEAST CONTINUE TO SUFFER POST DISCONTINUATION OF NEIIPP, ALL EYES AT PM MODI’S UPCOMING STATE VISIT

TThe North East Industrial and Investment Promotion Policy (NEIIPP) which was revoked have caused a great loss to the industrial growth in the North Eastern States. While there have been talks of brining a new policy, the industry says with no policy in place, the state is already suffering.

SME SPECIAL

HOW THIS STARTUP IS REDEFINING THE WAY WE SAVE AND INVEST

Saving and investing can be a daunting task for most. But what if you could save effortlessly, like while watching your favourite football team win or walking those 10,000 steps a day? For IIT Kanpur alumni Ankit Kumar and Abhishek Malik, the answer to that question was a startup, though it wasn’t their first. While Ankit holds a master’s degree in design, Abhishek graduated with a degree in economics.

SUCCESS STORY

THIS MAN WILL QUIT HIS JOB TODAY TO INNOVATE 24×7 AND SMASH PROBLEMS FOR A LIVING

Every day for the past few years, Gyan Kesarwani kept one foot in the past, deriving an insatiable drive from the financially trying times he encountered. With his other foot in the future, he was innovating swiftly to usher in the next generation of technology, while keeping his day job as an educator for budding techies.

STOCKPILE

The Central Statistics Office (CSO), Ministry of Statistics and Programme Implementation, has released the Provisional estimates of national income for the financial year 2016-17 and quarterly estimates of Gross Domestic Product (GDP) for the fourth quarter (January-March) of 2016-17, both at constant (2011-12) and current prices.

QUOTABLE QUOTES

“ Non-violence leads to the highest ethics, which is the goal of all evolution. Until we stop harming all other living beings, we are still savages. ”
– Thomas Alva Edison – American inventor and businessman
Country Chronicles
FISME regularly receives monthly reports on the economies of various countries from their missions in India. These reports provide information on key economic parameters, trade related information and all news relevant for importers and exporters. In this edition you can take a look at reports on:
Starting a New Venture
Coming August, K J Somaiya Institute of Management Studies and Research located in Vidyavihar, Mumbai is launching a certificate programme on Creating New Ventures.
New Members

3 NEW MEMBERS JOIN FISME

During the period from 1st May to 15th May 2017 a total of 3 new MSME became members of FISME
Read Details    Bach to Top
Reader Reactions

WRITE AND WIN PRIZE!

Write your comments on the FISME Factor. Share your views and suggestions on MSME issues. Win prize! The best mail will get a special book every fortnight.
send mail to: newsletter@fisme.org.in
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Opportunities

INDIA-SWEDEN HOLD TALKS ON COOPERATION IN MSME SECTOR AT JCEC

image
Sweden hold talks on cooperation in MSME sector at JCEC
New Delhi, May 17 (KNN) The 18th Session of India-Sweden Joint Commission for Economic, Industrial and Scientific Cooperation (JCEC) took place recently in the national capital. The discussion focussed on various themes including the cooperation between the two countries in the MSME sector
Nirmala Sitharaman, Commerce and Industry Minister represented the Indian delegation at the JCEC and Ann Linde, Minister for Trade and EU Affairs and Foreign Affair Minister headed the Swedish delegation during the meet.
The Ministers acknowledged the role of JCEC in uplifting and maintaining the bilateral relations between the two nations. They also expressed optimism towards the commission saying it will continue to strengthen the relations in the future as well.
The two sides reviewed the ongoing projects between the countries in fields including trade and investment, sustainable urban development, environment, education, health, renewable energy and science and technology.  The delegation also discussed other potential areas such as telecom sector, urban transport and road safety, traditional medicine and food and science technology.
Also during the meet, MoUs were signed aiming at strengthening cooperation in the field of Intellectual property. Highlighting the importance of innovation, the delegation expressed interest in working towards promoting innovation through essential partnership.
Talks were also held on establishing mechanisms to facilitate investments and businesses in both the countries.
Both India and Sweden recognized the need of a proper monitoring system to ensure the implementation of the proposals, for which the countries agreed to have mid-term reviews on the progress of initiatives and projects. (KNN/ DA)

LONDON BRIDGE TERROR ATTACKS

London Bridge Terror Attacks Local time 12.30 midnight Southwark. Borough Market opposite Londonbridge three to four men with Asian origin with knife carried out stabbing at various places in the market area two persons were gun down by met policemen .This is third incident of terror attack in Britain. Borough market on Thames river London bridge popular place for bar pubs cafe food and Eatery grocery market Sat night crowded with Londoner three person died on road on South .PM May to hold Sunday Cobra council meet to take stock of situation.Police gun down terror man lying down on pavement who has canisters on his body.. White van Awarded on pavement and 3 attackers with knifes started stabbing indiscriminately to people before police appeared within 5 minutes call to Police.Londib bridge the most gregarious area lay horrifically solitude. Report BBC
Amaresh Chatterjee So horrible.
Borough market is a lovely, cosy place with very friendly shop keepers just like any Indian bazaar. So sad terror strike happened here too.
At least seven people were killed and 48 injured in two terror attacks in central London landmarks this morning. The attacks took place at London Bridge and Borough Market ahead of the General elections scheduled on Thursday.
The first incident occured at London Bridge when a van swerved off the road into a crowd of pedestrians. Within minutes, there were reports of a second attack at Borough market on the South Bank of the Thames where three men started stabbing people. Police shot dead three suspects.
British Prime Minister Theresa May said, the attacks are being treated as potential acts of terrorism. London Mayor Sadiq Khan said, the general elections should not be postponed. He said, Londoners would see an increased police presence in the city, but there is no reason to panic. The Mayor urged people to remain calm and vigilant.
The Indian High Commission in London has issued a helpline number for any Indians affected in the attacks. The number is 020-763-230-35 (Repeat 020-763-230-35). In a tweet, the Commission said it will extend all possible assistance to all affected and their families and friends in the difficult hour.
President Pranab Mukherjee, Prime Minister Narendra Modi and other world leaders have condemned the attack. In a tweet, Mr Mukherjee expressed condolences at the loss of lives and sincere wishes for the recovery of the injured. Mr Modi described the attacks as shocking and anguishing. He said, his thoughts are with families of the deceased and prayers with the injured.
US President Donald Trump spoke with Ms May on phone to offer his condolences. He also offered America’s full support in investigating the attacks. French President Emmanuel Macron said, France is more than ever at the side of UK in its fight against terrorism. German Chancellor Angela Merkel also said, her country is resolutely at Britain’s side. She said, both countries are united across borders not only in horror and mourning, but also in determination to fight against all forms of terrorism. Prime Ministers of Australia, Canada and Malaysia have also extended their condolences.
World leaders have condemned the London terror attacks that left six people dead and at least 48 injured. Prime Minister Narendra Modi described the attack as shocking and anguishing.
In a tweet, Mr. Modi, while condemning the incidents, said that his thoughts are with families of the deceased and prayers with the injured. US President Donald Trump spoken with British Prime Minister Theresa May on phone to offer his condolences. He also offered US’ full support in investigating the attack.
French president Emmanuel Macron said France is more than ever at the side of the UK in its fight against terrorism. Australian Prime Minister, Malcolm Turnbull, said his country’s prayers and resolute solidarity are with the people of Britain. Canadian Prime Minister Justin Trudeau termed the attacks as awful news.
Malaysian Prime Minister Najib Razak said he was shocked and disgusted. In a tweet, he said Malaysia condemns the heinous acts and stands with the people of Britain. The president of the EU Commission, Jean-Claude Juncker, said his thoughts and prayers were with the victims and their families.
US President Donald Trump has spoken with British Prime Minister Theresa May on phone to offer his condolences over today’s “brutal” two terror attacks in central London. He also offered the US’ full support in investigating the two terror attacks at the iconic London Bridge and Borough Market in the heart of the UK’s capital.
In the attacks, six people were killed and more 30 others injured. The White House, in a statement after the yesterday’s telephonic conversation between the two leaders, also praised the heroic response of police and other first responders.

B SAI PRANEETH WINS THAILAND GRAND PRIX GOLD TITLE

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Indian ace shuttler  B Sai Praneeth defeated Indonesia’s Jonatan Christiein tight three games to win the Thailand Open title on Sunday. Praneeth came from a game down in the final to beat Christie 17-21, 21-18, 21-19 in a match which lasted one hour and 11 minutes.
The third seeded Praneeth registered a straight-sets win in the semi-finals over Pannawit Thongnuam of host nation in straight games 21-11, 21-15, which lasted for just 36 minutes.
It was a mixed day for India yesterday as Saina Nehwal crashed out in the semifinals. Saina lost out to Busanan Ongbamrumphan 21-19, 21-18.

68TH JUNIOR NATIONAL BASKETBALL CHAMPIONSHIP TIPS OFF IN NOIDA

Team_Delhi__M_
Noida, 4th June 2017: The prestigious 68th Junior National Basketball Championship tipped off today at the Shiv Nadar University in Gautam Budh Nagar district, Noida. The Championship is being organised by the Uttar Pradesh Basketball Association under the aegis of the Basketball Federation of India.
Last year’s winners, Karnataka women opened with a close 65-64 win over Kerala. Karnataka led early before Kerala stormed back in the second quarter to trail 36-38 at halftime. The teams kept going back and forth right till the final buzzer before the experienced Karnataka side pulled through with a nail biting one point win. Sanjana Ramesh of Karnataka top scored with 20 points, while Kerala forward Sreekala fought hard with 25 points in the losing effort.
In the Level 1 men’s matches so far, Maharashtra registered a surprisingly easy 81-64 win over Delhi. The second quarter largely sealed the fate of the game, as Maharashtra outscored their opponents 24-6.
In lower Level 2 action, Madhya Pradesh and West Bengal women too started off with confident victories. In men’s Level 2, Gujarat, Uttar Pradesh, Himachal Pradesh and Uttarakhand won their respective matches.

RESULTS TILL 2 PM

Men:
Level 1
Group B
  1. Maharashtra (Faisal 20, Yash 17, Danish 16) bt Delhi (Manik Hooda 20, Aditya 16, Nitish 13) 81-64 [25-22, 24-06, 21-16, 11-20]
Level 2
Group D
  1. Gujarat (Harsh 28, Kuldeep 18, Krishnapal 7) bt West Bengal (Alok 22, Gopal 14, Saddam 13) 74-65 [17-13, 24-15, 17-21, 16-16]
  2. Uttar Pradesh (Akshay Sharma 19, Prasun Mishra 15, Bhagyansh Gulati 13) bt Jharkhand (Rahul Kumar 10, Ajhar 6) 67-25 [12-7, 24-13, 20-5, 11-0]
Group C
  1. Himachal Pradesh (Jatin 37, Gurkaran 23, Namneet 12) bt Jammu & Kashmir (Gourav Rajwal 14, Rohit Kumar 14, Sumit Kumar 14) 81-57 [15-20, 23-13, 26-14, 17-10]
Group E
  1. Uttarakhand (Riyanshu 33, Arhant 16, Uday Rathi 10) bt Tripura (Sachin 20, Mohit 14) 90-42 [22-16, 23-5, 26-9, 19-12]
Women:
Level 1
Group A
  1. Karnataka (Sanjana Ramesh 20, Snigddha 14, Aastha Vartak 12) bt Kerala (Sreekala R 25, Jayalaxmi 15) 65-64 [21-13, 17-23, 13-12, 14-18]
Level 2
Group C
  1. Madhya Pradesh (Shruti 26, Isha Chouhan 19) bt Jharkhand (Riya Dokaina 11) 66-23 [21-6, 23-3, 13-4, 10-10]
Group E
  1. West Bengal (Parohita G 17) bt Goa (Neeharika 13) 55-24 [15-10, 20-0, 12-5, 8-9]

ABOUT THE 68TH JUNIOR NATIONAL BASKETBALL CHAMPIONSHIP 2017

The 68th Junior National Basketball Championship for Men and Women is being held at Shiv Nadar University in Gautam Budh Nagar District, Noida, Uttar Pradesh from 4th to 11th June 2017. The Championship features 25 men’s teams and 24 women’s teams in the U18 age group, from various Indian States and Union territories, and is being played in a league cum knockout format. Tamil Nadu boys and Karnataka girls are the defending champions from the previous edition held in Puducherry in May 2016.
The teams are grouped into two levels – Level 1 features the top 10 teams from the previous championship divided into two groups of five teams each (Group A and B), while Level 2 features the remaining teams divided into four groups (Group C, D, E, F).
In the league stages, all the teams play each of the other teams in their group once. The top three teams from each of the groups in Level 1 advance directly to the quarterfinals, while the fourth placed teams play pre-quarterfinal games against the top two teams from Level 2.
Over the years, this Championship has provided a platform for the country’s best players in the U18 category to showcase their talents. This allows selectors to identify and shortlist the most promising players and coaches to parachute into national team training camps with an eye towards participation in international events.

ABOUT BASKETBALL FEDERATION OF INDIA

The Basketball Federation of India or BFI is the governing and controlling body of basketball in India, and is responsible for the development and promotion of the sport at all levels. BFI has been involved in conducting camps, clinics, events, and training sessions at its academies for the development of basketball. BFI came into being in 1935 and took complete control over Indian basketball in 1950. Prior to that time, the Indian Olympic Association handled the conduct of Indian basketball championships. Since 1950, the BFI has been conducting various such championships, from the grassroots to senior team participation in international tournaments. In addition, the BFI has been responsible for the establishment of strong sub-junior and junior level programs. The BFI has to its credit produced several international players of repute, among them 17 have been bestowed with the honour of Arjuna Awards. Earlier in June 2015, 19-year-old Satnam Singh Bhamara made history by becoming the first Indian national to be drafted by an NBA team, when he was selected by the Dallas Mavericks. More information at www.basketballfederationindia.org

हिन्दी फ़िल्म पत्रकारिता: शुरुआती दौर (1928-1960)

नेहरू स्मारक संग्रहालय एवं पुस्तकालय

द्वारा

हिन्दी फ़िल्म पत्रकारिता: शुरुआती दौर (1928-1960)
विषय पर

आयोजित सार्वजनिक व्‍याख्‍यान में आप सादर आमंत्रित हैं 
वक्‍ता:
डॉ० रविकांत
सी एस डी एस , दिल्ली
सायं : 3.00 बजे, मंगलवार,6 जून, 2017
संगोष्ठी कक्ष, प्रथम तल, पुस्तकालय भवन
नेहरू स्मारक संग्रहालय एवं पुस्तकालय
तीन मूर्ति भवन, नई दिल्‍ली-110011

GST COUNCIL UNANIMOUSLY DECIDING TO ROLL OUT GST

04th June, 2017
In the wake of GST Council unanimously deciding to roll out GST from 1st July,2017, there is an urgent need to empower and educate the trading community at mass level to cope up them with the basic fundamentals of GST and also make them technology enabled. Taking the challenge from the front end,  the Confederation of All India Traders (CAIT) is launching a GST enabled Computer system with support of Tally Solutions Limited, premier Accounting Software Company and Acer India Limited, leading computer hardware global on Tuesday 6th June at a grand launching at New Delhi. This business solution has been named as BizGuru. CAIT has also tied up with HDFC Bank for providing requisite finance to the traders those who want to avail the finance.
As per NSSO 2013 there are about 5.77 cr small businesses in the Country and if these businesses are brought in the main stream of taxation, the GST landscape could be much wider generating unimaginable hopes for the Government to garner revenue. However, nearly 60% of these small businesses have yet to adopt technology and since the GST is a technology based taxation system, it seems to be a gigantic task.and therefore preparedness for this huge transition is concerned. However, this is a key prerequisite to the seamless and successful implementation of GST in the country but an area where there is still work to be done.
CAIT has been actively involved in promoting computerization among this section but it’s important that the Government actively owns this initiative and provides a policy push to the faster adoption of digital technologies if GST has to be an unqualified success.
In this context, a mega sensitization campaign for trade associations across the country could be a game changer.
However, this level of preparation from the trading community, many of whom are not used to operating in a digital tax environment could take quite some time.
Given the absolute criticality of taking the trading community along on the road to GST, we would urge the Government to declare period beginning 1st July,2017 to 31st March 2018 as “interim period” to enable the trading community to make the transition to a more sophisticated digital tax framework.
Given the enormity of the impending change, quite naturally, there could be some lapses in the initial phase (trial period) but we would plead with the Government and the tax authorities to waive prosecution and penal liabilities stemming from the law in this period.
Similarly GST Facilitation Centres needs to be opened across the Country to help the traders in their conversion to GST regime. CAIT has offered offices of Trade Associations across the Country for making Facilitation Centre.
______________________________ ______________________________ ______________________________ ___
For more details, please contact CAIT Secretary General Mr. Praveen Khandelwal at +91-9891015165

LEO VARADKAR ELECTED LEADER FINE GAEL PARTY.

Indian-Origin Irish PM-Elect Leo Varadkar's Family In Mumbai Ecstatic Over His Victory
Leo Varadkar is set to become the Republic of Ireland’s next Prime Minister after winning the leadership of the Fine Gael party. The 38-year-old will become the first gay Prime Minister and will also be the country’s youngest ever leader.
Mr Varadkar beat his rival, Housing Minister Simon Coveney, with 60 per cent of the votes to lead Fine Gael – the biggest party in the coalition government. He will succeed Enda Kenny as leader of the centre-right party within weeks.
Leo Varadkar, minister for social protection, was elected on Friday as leader of Ireland’s Fine Gael, the country’s biggest political party.
Varadkar secured 60 percent of the total weighted vote in the contest while his only rival Simon Coveney, minister for housing, planning, community and local government, only took 40 percent.
Varadkar will succeed Enda Kenny, who has been taoiseach (prime minister) since 2011 and leader of the ruling party since 2002.
In mid May, Kenny retired as leader of Fine Gael under pressure from both inside and outside of the party.
In a statement after Varadkar’s victory, Kenny congratulated his successor as leader of Fine Gael, saying that he wanted to extend his “heartiest” congratulations to Varadkar.
“This is a tremendous honor for him and I know he will devote his life to improving the lives of people across our country. He will have my full support in the work that lies ahead,” Kenny said.
The current taoiseach said he will now provide a “brief but appropriate” period for Varadkar to form a new government.
Varadkar,  delivering his victory speech, said he was honored to be elected as party leader.He said it is the start of a more democratic, more engaged and more inclusive Fine Gael party.
Earlier, his only rival Coveney pledged full support to the new party leader. Coveney said Varadkar was a worthy winner of the contest and that he would work side by side with him to do everything he could to help the new leader.
Born on Jan. 18, 1979 in Dublin, Varadkar is the youngest child and only son of an Indian immigrant father and an Irish mother.
The young Dubliner was 22 when he entered Irish politics. At 27, he was elected to parliament.
Varadkar will become the youngest taoiseach in the history of the country at 38.
The Dail Eireann, the lower house of the Irish parliament, must now vote to ratify Varadkar, a move that is expected to take place within the next fortnight.

GOVT RAID ON FISCAL CORRUPTION & TERROR FUND

Home Minister Rajnath Singh today assured that government will put an end to Pakistan-sponsored terrorism and ensure peace in Jammu and Kashmir.
Addressing a press conference in New Delhi on the achievements of his Ministry during last three years, Mr Singh said, 368 terrorists were killed between 2014 and 2017. He said, the incidents of infiltration from Pakistan have come down by 45 per cent after surgical strike in September last year.
The Minister said 10,000 Special Police Officers have been sanctioned for the state. He also said that he does not wish to see stones in hands of the Valley’s youth and 2000 crore rupees have been approved for more than 36,000 displaced families in the state.
The Minister said, there is an improvement in the security situation in the country. He said, the result is evident in 25 per cent reduction in Naxal attacks. Mr Singh said, National Policy and Action Plan was launched to tackle Left-Wing Extremism and Centre has adopted the doctrine of SAMADHAN to counter the menace.
Centre is expediting the process of infrastructure development in Left Wing Extremism affected areas. He said, banks, medical colleges, and airports have come up in Left Wing Extremism affected areas and 2187 mobile towers have been erected.
The Minister stated that government has been successful in countering the challenges posed by the ISIS. He pointed out that despite India having a large Muslim population, ISIS has not been able to establish itself in the country.
National Investigation Agency, NIA today carried out searches at 23 locations in Kashmir, Delhi and Haryana in connection with terror funding in the Kashmir Valley.
The NIA, which had earlier registered a Preliminary Enquiry, converted it into a regular case last evening and began searches in the wee hours.
An official source said, around eight hawala dealers and traders in the national capital were raided, besides two in Sonepat, Haryana.
Among those raided by the NIA in Srinagar were Altaf Fantoosh, the son-in-law of hardline leader Syed Ali Shah Geelani, and some second rung separatist leaders belonging to Hurriyat Conference and the Jammu Kashmir Liberation Front. The agency seized nearly 1.5 crore rupees from various locations in the Kashmir Valley, besides documents which were being scrutinised.
Our correspondent reports, this is for the first time since early 1990s that a central probe agency has carried out raids in connection with terror funding to separatists.
The raids follow questioning of three separatists – Nayeem Khan, Farooq Ahmed Dar alias ‘Bitta Karate’ and Gazi Javed Baba of Tehreek-e-Hurriyat, in the national capital last month.
During a sting operation, Nayeem Khan was seen purportedly confessing to receiving money from Pakistan-based terror groups.
CBI has arrested a Lieutenant Colonel and a middleman in connection with an alleged transfer racket at the Army headquarter in New Delhi in which army officers paid lakhs of rupees to manipulate their postings.
Official sources said, the agency arrested the two while an alleged bribe of two lakh rupees was changing hands for transfer of a Bengaluru based army officer.
The agency busted the racket involving senior Army officers posted at its headquarters in Delhi. Sources say, they were allegedly giving choice postings for “huge illegal gratification” which ran into lakhs for a single transfer.
The case has been registered against Lieutenant Colonel Ranganathan Suvramani Moni, Hyderabad- based army officer Purshottam, Bengaluru-based barracks and stores officer S. Subhas and alleged middleman Gaurav Kohli.
CBI sources say some more senior officers are suspected to be involved in the case. The agency FIR allege that the bribe was being paid through hawala channels.
The bureau is focusing on how the army officers were ready to pay lakhs of rupees to get a posting of their choice.

INDIA THE FASTEST GROWING MAJOR ECONOMY: ARVIND PANAGARIYA

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GDP growth is fashionable term in economy to highlights the achievements of the nation.Globally disparities have widened to such an extend that those with  static income or lower income is unable to cope with day to day needs whereas those in race of grace of system are loaded with surge in purse hike thus enjoy the fruits of economy of inflation. US, Britain, France German along with majority of the nations reel under the burden inflated growth for frugal percentage of people in the nation and rest crawl to survive. With technology taking roller coaster drive unemployment is on rise  7 millions per year and another 10 millions each years get prepared to seek employment and the present government which offered for than 10 millions employment finds its self in midst of sea unable to navigate to clear this growing disparities thus exodus of brains to foreign lands for better perspective is still in vogue as our currency gets depleted each year and those enhancing in its value find the professional safe heaven to undertake work. The Governance across the globe finds close to national treasury  thus finds its institutional loquacious eloquence of sweet fantastic dreams for masses and windfall amenities, power,funds of immense value at their feet. We therefore find the positive and calculus mantras from those at helm of affairs without telling tale of government actions on people getting unemployment, underemployment those in line to seek employment.

NITI Aayog Vice Chairman Arvind Panagariya said today that India will regain the crown of the fastest growing major economy, overtaking China, as early as the first quarter of 2017-18.
Talking to news agency, Mr Panagariya said India, on an annual basis, is ahead of China and will regain the growth momentum soon on the back of host of reforms initiated by the Narendra Modi Modi government.
India lost the tag to China in the March quarter with the GDP growth slipping to 6.1 per cent. China recorded a growth rate of 6.9 per cent during the January-March quarter.
However, on an annual basis, India grew by 7.1 per cent in 2016-17.
Mr Panagariya further said that the growth will rebound in the current fiscal at a minimum of 7.5 per cent and accelerate further in the coming years. He said government has taken lots of reform measures and country will get to the 8 per cent growth trajectory in the next two years.

PM NARENDRAMODI BEING WELCOMED BY FRANCE PRESIDENT EMMANUELMACRON.

Prime Minister Narendra Modi on Saturday met newly-elected French President Emmanuel Macron and discussed issues of international and mutual interests including ways to enhance the strategic ties, countering terrorism and climate change.
The two leaders met at the Elysee Palace, the official residence of the president of Franc.
‘A meeting to mark a new warmth and friendship. PM @narendramodi meets new French President Emmanuel Macron in Paris,’ Ministry of External Affairs spokesperson Gopal Baglay tweeted along with some pictures of the two leaders.
Modi arrived in France from Russia, where he held talks with President Vladimir Putin and attended an international economic forum. Before Russia, Modi also visited Germany and Spain and held talks with the top leadership there.
The two sides are expected to issue a joint declaration after the Modi-Macron meeting.
“I would be exchanging views with the French President on important global issues including UN Security Council reforms and India’s permanent membership of the UN Security Council, India’s membership of the various multilateral export control regimes, counter-terrorism cooperation, collaboration on climate change and International Solar Alliance,” Modi had said ahead of the visit.Rediff

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