News - Industry

India’s Quest for South-South Cooperation

By Sameer Pushp

New Delhi, Sep 20, 2011 (Washington Bangla Radio / PIB India) Global economic recession and instability that we witnessed recently has given rise the need to forge new mutually beneficial business partnerships which will ultimately act as engine of economic growth and socio-economic development.  The older alliances and cooperation seems to be withering out and failing to meet the need of the changing times. The quest for the exploration of the newer paradigm led to the birth of an idea called South-South Cooperation (S-S Cooperation) - it’s about the tremendous force of solidarity, which can help overcome even the biggest challenges confronting the world. S-S Cooperation has potential to bridge the gap between haves and non-haves and ensure distributional justice in terms of resource, opportunities and distribution.   While we continue to recognize North-South cooperation as fundamental for our development and expect that solidarity, understanding, cooperation and real partnership from the North would remain intact and grow stronger.  But need of the time is to diversify and search new markets with the conviction that development needs are met.

Advantages of S-S Cooperation

India's NMDC Limited Contributing to Development of the Nation


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New Delhi, Aug 18, 2011 (Washington Bangla Radio / PIB India) NMDC Limited is a public sector enterprise under the Ministry of Steel, primarily engaged in the business of exploring minerals and developing mines to produce raw materials for the industry, it is also expanding its activities towards steel making and other value added products. It has been conferred “Navratna” status by the Government.

Incorporated in 1958, NMDC has been actively contributing to development of the nation for five decades and grown from strength to strength on its journey to nation building.

Single largest producer of Iron Ore in the Country-NMDC produces around 30 million tonnes of iron ore annually which is around 20% of India’s iron ore production.

The Textile Sector of India - A Powerul Means of Inclusive Growth

New Delhi, Aug 13, 2011 (Washington Bangla Radio / PIB India) The textile sector, which is second largest employer after agriculture and accounts for 2% of the GDP, is a powerful means of inclusive growth in the country.  Its vision is to develop this sector into a modern, vibrant and internationally competitive sector generating income and employment for millions.  The major thrust of the Ministry has been ensuring increased investment in world class infrastructure, technology upgradation, HRD initiatives like skill development programmes, design development and marketing support leading to the welfare of artisans and weavers.

Industry Sector

The Schemes formulated to give a boost to technology upgradation and better infrastructure in the textile sector continued to achieve and in many cases overshot the target sets in the past years.  The Technology Upgradation Fund Scheme (TUFS), devised to encourage investment in textile units in technology upgradation by availing bank credits for subsidising a part of interest cost, has propelled investment of more than Rs. 2,11,000 crores of which an amount of Rs. 15277.17 crore has been released on June 30, 2011.  To ensure focus on interventions on the hitherto slow growing sectors like weaving, encouragement to forward integration and tighter administrative controls and monitoring, the scheme was restructured.  The restructured TUFS was implemented from April 28, 2011 with an enhanced 11th Plan allocation from Rs. 8000 crores to Rs. 15404 crores.  The restructured TUFS is expected to trigger additional investments of over Rs. 46,900 crores during the balance period of the 11th Five Year Plan.

India's Ultra Mega Power Projects

Logo of Power Finance Corporation Ltd.

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New Delhi, August 10, 2011 (Washington Bangla Radio ) Ultra Mega Power Projects (UMPP) were launched to meet the growing needs of the economy, achieve power at low tariff, cater the needs of more than one states and to make swift capacity addition.  These are very large sized projects, approximately 4000 MW each involving an estimated investment of about $ 4 billion. The projects envisage to substantially reduce power shortages in the country. The Government has accordingly taken the initiative for facilitating the development of a few ultra mega power projects capacity each under tariff based competitive bidding route using super critical technology on build, own and operate basis.

These projects will meet the power needs of a number of States/distribution companies located in these States, and are being developed on a Build, Own, and Operate (BOO) basis. In view of the fact that promotion of competition is one of the key objectives of the Electricity Act, 2003, and of the legal provisions regarding procurement of electricity by distribution companies, identification of the project developer for these projects is being done on the basis of tariff based competitive bidding. For facilitating the development of these projects, Power Finance Corporation (PFC) has been designated as nodal agency. PFC has to create a project specific Special Purpose Vehicle (SPV), which in turn will perform the bidding process for the project. Following are the salient features of this initiative:

Tapping the Huge Potential of Food Processing Sector of India

By Rakesh Kacker
Secretary, Ministry of Food Processing Industries, Govt. of India

New Delhi, Aug 10, 2011 (Washington Bangla Radio /  PIB India) Food grain production has registered a record growth in the country in recent years. India also ranks high among fruit, vegetable, milk, poultry and meat producing countries of the world. This has led to remarkable improvement in the earning capacity of population engaged in agriculture and allied sectors.  However, due to lack of efficient supply chains and processing infrastructure, the processing levels in the country are quite low. This results in considerable amount of wastage of agricultural and horticultural produce.  As per a study conducted by the Central Institute for Post-Harvest Engineering and Technology, post-harvest losses in 2009 were to the tune of Rs. 44,000 crore.

Inland Fisheries and Aquaculture in India

New Delhi, August 5, 2011 (Washington Bangla Radio /  PIB India) Inland Fisheries and Aquaculture in India Inland fisheries resources of India are noted as much for their heterogeneity in composition as for their rich production potential. India is bestowed with vast and varied inland fisheries resources comprising rivers and canals, reservoirs, ponds and tanks, floodplain lakes and wetlands and brackish-waters. Besides, substantial area amenable for cold-water fisheries exists in the medium and higher-altitudes of the Himalayan belt. Inland fisheries including aquaculture have been a vital source of food, nutrition, employment and economic gain for humanity, since ancient times. However, the sector has assumed more significance in recent years, especially in developing countries like India, due to the large contributions to the overall fish production, nutritional security and gainful employment generation.

The Philips 22PFL4505D/F7 22-Inch 720p LED LCD HDTV - The Best Money Spent in a Long Time (HDTV Review)

22Aug 2, 2011 (Washington Bangla Radio / Bought this TV mostly for gaming so I will place my personal opinion on subjects pertaining to my experience. The 22" Philips LED LCD HDTV is a great buy. Amazon did wonder with shipping except was not all that excited with the fact that they deliver packages in their original packaging. If the main box was placed in another shipping box I would feel less uneasy with the fact that a the package sat next to my front door in the open with Phillips marketing brands all over the box really giving away that there is a 200 dollar TV sitting on my patio. I prefer discreet shipping.

HDTV Sale:

Ok so Just to start if your a gamer, and your not looking for anything too serious in the category of Hi-def. Then I would recommend this.

Interview: Suphal & Suvojit Pakrashi of PAKRASHI HARMONIUM of Kolkata Continuing the Tradition of World-Class Music Instruments

Washington, DC, August 1, 2011 (Washington Bangla Radio) In India, the musical instrument popularly called the "Harmonium" refers to the hand-pumped (bellowed) version of the reed organ. In North America and much of Europe, "Harmonium" is mostly associated with the foot-operated version leaving both hands free for playing the keys. Harmoniums were overtaken in the Western world around the 1930s by the electronic organ, but remain hugely popular in India and entire South Asia as the primary accompaniment instrument used by vocalists themselves while performing. And Pakrashi is the name that pops up in the minds of most Bengalis whenever the best of Indian harmoniums are being discussed.

Interestingly, here is a description of a Pakrashi Harmonium on sale on (click here if you wish to order): "Harmonium, Pro, Folding by Pakrashi (Item Code: HRMPF-2) Harmonium Pakrashi & Co., folding, Scale changer with Mechanical Coupler. 5 drones and 4 stops. It has 3 banks of 45 reeds each.and 6 drone reeds. Comes in its own traveling case plus a nylon case too. Keyboard pops up, store in locked-down position for travel. Mechanical coupler (plays 2 octaves with one stroke). It is a 9-scale changer. The Keyboard slides to change scale. Integral bellows, dozens of sound combinations. Finish color and decoration style may vary from photo. The Harmoniums are not meant to be played in concert like a mini organ. This is instrument was introduced to India by the British. It has been embraced and is now a truly Indian instrument used as accompaniment across many genres of Indian music including Hindustani classical, light modern songs, Tagore songs, folk and devotional songs. In the early days, Harmoniums were are not in concert pitch and were not meant to be. As with many Indian instruments the key for the music is selected to best suite the vocals, or to set a mood. Traditionally, Harmoniums were usually higher pitched if compared to the Western Scale, and Harmonium tuning did not reflect the Western Scale and was not meant to. However, at present all Indian musical instruments comply the international pitch standard of A=440Hz, thus accepted in the western world.

Almost all singers and artistes from Kolkata are familiar with Pakrashi & Co. store selling musical instruments from 82-A Rashbehari Avenue. They are most renowned for their Harmoniums, and more often than not artists from Kolkata are seen playing a Pakrashi harmonium along while performing.

Suphal Pakrashi & Suvojit Pakrashi
Suphal Pakrashi (right) and son Suvojit Pakrashi of Pakrashi & Company of Kolkata

The history of the Pakrashis goes back to 1922 when Sudhir Chandra Pakrashi moved to Kolkata from what is now Bangladesh and established the store. Arijit Chakraborty caught up with Suphal Pakrashi and Suvojit Pakrashi, representing the 2nd and 3rd generations running the business in this informal and intimate audio interview.

Suphal Pakrashi
Suphal Pakrashi

The Harmonium was not really a popular instrument when the store was established. Suphal Pakrashi tells us how his father and uncle involved themselves with the leading singers of the time like Pankaj Kumar Mullick and exponents of the still-new Rabindrasangeet songs to map the notes of the Esraj to a keyboard instrument. Suphal dwells on the remarkable efforts by many people from their musician-customer community who worked with them to improve the instrument which over time has reached it's modern form. Technologies like scale-changer harmoniums are a labor of love of many dedicated artists working together with the Pakrashis.

Suphal, Suvojit and Rezwana Chowdhury Banya
From left: Suvojit Pakrashi, Suphal Pakrashi, Rezwana Chowdhury Bonnya

Suphal took lessons in playing the Sitar as a young boy, thus training his ears to music. Suphal would also watch his father continually research and improve the harmonium and experiment with delicate changes in physical measurements, angles, frequencies, airwaves, weights and such characteristics to attain the desired qualities in the sound.

Listen to the audio interview on Washington Bangla Radio.

Micro, Small and Medium Enterprises Enhancing the Growth and Development of the Indian Leather Sector

By S. K. Basu
Director (Leather), Office of the Development Commissioner (MSME), New Delhi

New Delhi, July 27, 2011 (Washington Bangla Radio / PIB India) The Indian Leather Industry occupies a place of prominence in the Indian economy in view of its substantial export earnings, employment generation and growth.  This sector is known for its consistency in high export earnings and it is amongst the top ten foreign exchange earnings for the country. The 11th Plan expects the total turnover of the industry to grow from its current mark of about US$ 7 billion to US$ 13.2. billion  by 2011-12.

Indian Ports Poised for a Huge Growth

View of Chennai Port from Royapuram bridge.

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New Delhi, July 20, 2011 (Washington Bangla Radio / PIB India) India has been an emerging and vibrant economy with a huge market and the potential to grow as the fastest economy of the world.  This economic upsurge is one of the important drivers for the growth of Indian Ports in the years to come.  Coupled with this, the technological changes in shipping sector have triggered the growth in Indian Ports and provided stimulus for cargo handling.

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