Current Happenings...: 23 September 2008

It is conducting for the first time in india at hyderabad
Participated by the 50 countries
Main objective of this meeting is to exchange the information, knowledge and technology between the countries for effectively managing the Disaster that occur naturally and man made.

According to the latest World Bank report, the actual number of poor people in India has increased by 39.8 millions in absolute numbers during 1981-2005.
42.2 per cent or four out of 10 Indians were poor in India in 2005 at an income of about Rs 50 per day. Estimated by world bank.
What can Rs 50 (equivalent to $1.25) a day fetch in India, when a kg of atta and rice costs upwards of Rs 20, a kg of sugar Rs 20, a kg of dal Rs 45 and the cheapest cooking oil (palm oil) Rs 50 a litre? The poor, indeed, have been hit the hardest.
Even the Asian development Bank posted 54.8% of Indian population is still poor based on PPP (Purchasing Power Parity). The statistics is based on 1 $ at 2005. The currency rate taken as 44 rupees. But don’t say that, 1 $ will purchase the same worth of goods in USA as in India for 44 rupees. Calculation is based on 15.6 rupees for 1 $
My comments

From the above figures it is clear that, the UPA government has not done anything for the poor in the last four years. Disgusting situation. Calling UPA as “aam aadmi” Government, but why the same aam aadmi did not able to get the fruit of their policies. Think UPA… Nuclear deal may not bring the people BPL to above. Redifine yourself at least in the next elections and come out with some other captions.

The European Union on Monday said that it would request WTO-consultations with India on its domestic tax regime for spirits and wines for Goa, Maharashtra and Tamil Nadu.
Goa adds an import and ‘label-recording’ fee to the cost of imported wines and spirits. While the custom tariff for imported bottled wines and sprits at the Indian border is already as high as 150 per cent, discriminatory internal taxation in some Indian States adds further to this burden on importers, the EU said.
The Indian market for spirits is one of the largest in the world, amounting in 2007 to about 130 million nine-litre cases. The corresponding figure for wine is 1.5 million nine-litre cases.
Last year, EU exports of spirits to India were about €57 million, out of a total €7 billion exported to more than 150 countries. EU exports of wine to India were about €11 million out of a total €6 billion in 2007.

WB in Loss

Hot topic of Bengal singur will soon come to an end, as the vendors of tata plant started to shift the equipment.
Do you want to know, why I mentioned as a loss? Huhhh.. answer is : TATA has started nano project at singur as a mother unit which will roll out 2.5 Lakhs NANO cars per year. Anyway the mother unit is going to be shifted either in Karnataka, Mumbai or in Harayana based on the matching of sops.
The 1000 NANO is going to be rolled out from UTTARAKHAND in the middle of oct 2008. I guess Mamata has certainly got mass vote bank. Disappointing to Gopala Krishna Gandhi.

French President Nicolas Sarkozy has called for adding new members to the exclusive G8 and the UN Security Council so they can more effectively deal with problems that continue to defy efforts by Western governments.
Sarkozy said in an address to the UN General Assembly that the UN Security Council, currently with 15 members, and the world's group of eight leading industrialised nations (G8) should be enlarged to reflect demands of emerging countries.
The G8 in particular could become the G14, with new members like China, India, Mexico, South Africa and Brazil, the emerging economic powers among developing countries. The group currently comprises of the United States, Germany, Italy, France, Canada, Japan, Britain and Russia.
The G8 in particular could become the G14, with new members like China, India, Mexico, South Africa and Brazil, the emerging economic powers among developing countries. The group currently comprises of the United States, Germany, Italy, France, Canada, Japan, Britain and Russia.
Though Russia is a member of the G8, its relations with the West were stressed over its invasion of Georgia in August and US Republican presidential candidate John McCain had even called for ousting the Russians from the G8.
Italy will host next year's G8 summit and will propose a major reform to the group, Sarkozy said.

The Dubai Pearl Exchange, a subsidiary of the Dubai Multi Commodities Centre (DMCC), has announced that it would host the first-ever World Pearl Forum here February 17-19 next year, with the objective of bringing together the global pearl sector, and addressing ways to grow the worldwide market for pearl jewellery, according to a DMCC statement.

Current Happenings...