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04 Jan 08

Heavy dollar selling makes Re stronger

  • Meanwhile, RBI had announced the auction of government bonds as part of the borrowing programme to mop up the excess liquidity from the system.

    The auction of bonds worth Rs 10,000 crore will be held on January 11

India keen on services deal with EU

  • The global trade in services stands at three trillion dollars, of which India accounts for 80 billion dollars. While India has made inroads into the US services, particularly information technology, not much ground has been gained in the vast European market.

Armed might won't defeat the Naxals

  • At last count the total wage bill of India's government is a monstrous Rs193,000 crore or about 5.6 percent of the Gross National Product.
01 Jan 08

deal architect : India's discriminatory travel policies

  • I negotiate technology deals for a living. But of late I have diversified into travel negotiations. With hotels and car services in India. Because the savings are big enough to pay for 2-3 more client staff going on the trips. I nickel and dime and make sure hotel rates include breakfast, wifi, airport transfers; car service include plenty of hours and mileage.



    And I hate it. Because I know no matter what I do, an average Indian off the street would get another 40 to 50% off. Even the local airlines with their official tariffs charge fares bought in foreign currency a premium. Can you imagine the lawsuits in the US if our hotels and airlines charged more based on national origin? But it continues unabated in India.

Do Travel Agents in India need GDS like Amadeus, Galileo, Sabre « Business India 2.0

  • But past couple of months its been interesting to look how non- IATA travel agents have been growing and volume of travel e-commerce transactions is consituted by them. With advent of low cost airlines and their decision not to be part of any GDS (code of conduct for all low cost airlines ask them to do so) its become easier for agents to just register with them directly by depositing small cash amount of 25,000 INR and get discounts directly. As india does not have large number of airlines and travel agents based on their location and depending/selling one airline more than others. Its interesting to see how GDS has been bypassed completely.

I am living in Punjab, India and want to know as to how i can start my travel agency? - Yahoo! Answers

  • Join a good Travel Agency in your area and learn how it works. You need to know fare calculations, Reservation systems like Galileo and Abacus, how to issue tickets, fare rules and type of fares and classes, How Airlines work, how to make itineraries and very important, how to give services to clients. After a good experience you can start your own Travel Agency.

The Big Indian Aviation market Fraud « Business India 2.0

  • Fair enough dont refund money collected under your own head but would like to know what is the procedure to get tax back on congestion fuel etc which was not used especially in the case where passenger did cancel his/her air tickets lets say 72 hours before the flight. As far as my sources claim the tax never reach government coffers. 
22 Dec 07

Earth: The parched planet - earth - 25 February 2006 - New Scientist Tech

  • 2-hectare farm is sowing the seeds of a global disaster. To grow the fodder that he needs to feed his cows, he is entirely dependent on irrigation water pumped from deep underground. Over the course of a year, his small electric pump sucks twice as much water from beneath his fields as falls on the land as rain. No wonder the water table in the village is 150 metres down and falling by 6 metres a year.
  • The starkest example is India. Over the past decade, the country has seen an extraordinary "barefoot" hydrological revolution. Farmers have hired drilling rigs and bought electric pumps to mine water that has sat undisturbed beneath their fields for millennia. Today, more than 21 million Indian farmers tap underground reserves to water their fields, and two-thirds of India's crops are irrigated with underground water. This water is running out. Unlike the rivers, it will not be quickly replaced.
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Indian children suffer more malnutrition than in Ethiopia - Times Online

  • Almost 46 per cent of Indian children under the age of 3 suffer from
    malnutrition, according to the survey by the Indian Health Ministry in
    conjunction with Unicef, the United Nations children’s agency. That compares
    with about 35 per cent in sub-Saharan Africa and only 8 per cent in China,
    whose economic growth India strives to emulate. It also represents only a
    slight decrease since the last National Family Health Survey in India seven
    years ago showed that 47 per cent of its children were mal-nourished.
  • anaemia levels had risen compared with those of seven
    years ago, with about 56 per cent of women and 79 per cent of children below
    the age of 3 suffering from the disorder. It showed only negligible progress
    in child immunisation levels, at 44 per cent compared with 42 per cent. In
    Gujarat, one of India’s richest and most developed states, the proportion of
    underweight children had risen to 47 per cent from 45 per cent

India Resource Center - Redefine Indian Poverty Benchmark, Says Study

  • around 650 grams of foodgrains
    every day, this line makes very little provision for the other essentials
    of lif
  • Rs 840 is made up of minimum costs for nutrition (Rs 573), health
    (Rs 30), clothing (Rs 17), energy consumption (Rs 55) and miscellaneous
    expenditure (Rs 164)
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Why govt keeps Indians poor

  • The net per capita food availability in India in 1971 was 394 gm per day. This was just after the onset of Green Revolution in India. Exactly 30 years later, in 2001, the net per capita of foodgrain availability was 396 gm per day: a princely rise of 2 gm! In effect, for over 30 years our farm growth has barely kept pace with our population growth. This sets up the debate.
  • The government spends about Rs 26,000 crore (Rs 260 billion) every year on food subsidy, through the public distribution system (PDS), for those living below the poverty line. It is estimated that for every Re 1 of subsidy to reach the ultimate beneficiary, the government has to spend approximately Rs 7 on the administrative mechanism.
21 Dec 07

A rising rupee hammers Indian textiles

  • But the tech companies spawned in Bangalore employ only 2 million Indians. The textile and apparel sector employs 88 million, and the strength of its 15,000 companies is central to India's economy and exports. Right now those companies are being squeezed hard by the rupee, which has appreciated 11% against the dollar this year.
  • The sharp rise of the rupee has exposed serious flaws in government policy as well. The government in New Delhi imposes rigid labor laws on large factories with more than 100 workers. To avoid these restrictions, most Indian textile and apparel companies run small factories, where it's easier to lay off workers. But such plants lack the scale and efficiency of their rivals in China, where a textile plant can easily employ more than 50,000 workers.

Indian defence import may touch Rs 120,000 cr


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    India's military hardware and software imports are expected to touch Rs 120,000 crore ($30 billion) by 2012

  • In the past three years, India have spent about $10.5 billion on military hardware and software
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Poverty Mapping - Chronic Undernutrition among Children

  • These global maps show the distribution of chronic undernutrition at national and subnational levels using stunting in growth among children under five years of age as an indicator.



    Stunting is defined as height-for-age below minus two standard deviations from the international growth reference standard (National Center for Health Statistics/World Health Organization).



    This indicator reflects long-term cumulative effects of inadequate food intake and poor health conditions as a result of lack of hygiene and recurrent illness in poor and unhealthy environments.



    The prevalence of chronic undernutrition is a relevant and valid measure of endemic poverty and is a better indicator than estimates of per capita income.



    Stunting has a negative impact on the intellectual and physical development of children, compromising the development of human resources in poor countries. Persistent high prevalence of stunting among children indicates chronic failure in poverty alleviation.



    The reduction of chronic undernutrition will boost economic growth and help alleviate poverty.

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