What's the overall view on India, what's the stance that you are taking. There have been some upgrades coming in from key brokerages on the growth targets in the region? What are your growth projections and what would they be subject to for revision, what are the factors that you are watching out for? Well, India clearly on the domestic growth momentum has been very robust as reflected in industrial production figures and clearly that has also been filtering through into inflation numbers which we will get later today. I think going forward we see this broadening out of growth from largely the manufacturing also in the service sector going forward and our growth forecast is in the range of 8% to 8.5% and risks would be clearly on the upside. What perhaps are the headwinds at this juncture because we are looking at India being pretty much running its own cost and being one of the top runners in terms of an overall growth projection? What could peg us back? Well like in the current time probably one of the things which the RBI would be looking at quite closely as well is inflation. As I mentioned we get WPI numbers and we think it will probably be about 10.4% which would be the near term PE but clearly rising inflationary pressures and elevated inflation expectations do tend to erode disposable incomes so that is something definitely to worth keep an eye on and I think here the RBI is going to come through and tighten policy. We expect the RBI to hike the reverses as well as the repo rate by 50 basis points next week. What would that lead to in terms of an overall rate tightening projection for the year? We look for another about 125 basis points sort to come through for the year and I think there will also be some CRR tightening to rein in liquidity in the system. What would this mean for the entire banking system in India where there has been much talk about liquidity pretty much playing itself out and being a flush, how do you think these rate hikes would impact credit growth which hasn't really picked up as much as it was expected to over the last six to eight months? Credit growth is picking up gradually and going forward. If you look at the historical relationship of credit growth and industrial production in India, it normally lacks by two quarters. Given the strength that we have seen in the manufacturing and the industrial sector I think there is little doubt this credit growth is going to pick up going forward and clearly that fits in with a strong fundamental growth demand story in India as well.
RAVI NANDAN VERMA
PGDM-II
Thursday, April 15, 2010
Friday, April 9, 2010
IBM acquires ILOG
IBM announced Monday that it plans to acquire business rules management software maker ILOG in a deal valued at $340 million.
Under the deal, IBM will merge ILOG into its WebSphere brand. This is a move to expand its middleware software footprint. Middleware is a layer of software that helps servers running databases and Web site software talk with servers running applications.
ILOG was founded in 1987 and employs more than 850 people worldwide. Over 2,500 corporations and more than 465 leading software vendors rely on ILOG's market-leading Business Rule Management Systems (BRMS), supply chain applications as well as its optimization and visualization software components, to achieve dramatic returns on investment, create market-defining products and services, and sharpen their competitive edge.
ILOG delivers software and services that empower customers to make better decisions faster and manage change and complexity.
Customers: 2,500 worldwide
Headquarters: France and California
Subsidiaries: UK, Germany, Japan, Singapore, Spain
Founded: 1987
Chairman and CEO: Pierre Haren
Under the deal, IBM will merge ILOG into its WebSphere brand. This is a move to expand its middleware software footprint. Middleware is a layer of software that helps servers running databases and Web site software talk with servers running applications.
ILOG was founded in 1987 and employs more than 850 people worldwide. Over 2,500 corporations and more than 465 leading software vendors rely on ILOG's market-leading Business Rule Management Systems (BRMS), supply chain applications as well as its optimization and visualization software components, to achieve dramatic returns on investment, create market-defining products and services, and sharpen their competitive edge.
ILOG delivers software and services that empower customers to make better decisions faster and manage change and complexity.
Revenue: $161.5 million for fiscal year 2007
Employees: 850 worldwideCustomers: 2,500 worldwide
Headquarters: France and California
Subsidiaries: UK, Germany, Japan, Singapore, Spain
Founded: 1987
Chairman and CEO: Pierre Haren
By combining technologies with ILOG, IBM is aiming to provide customers with the ability to gather up all relevant information spread throughout their organization in real-time to make faster business decisions.
IBM has been known through most of its recent history as the world's largest computer company; with over 388,000 employees worldwide, IBM is the largest information technology employer in the world. Despite falling behind Hewlett-Packard in total revenue since 2006, it remains the most profitable. IBM holds more patents than any other U.S. based technology company. It has engineers and consultants in over 170 countries and IBM Research has eight laboratories worldwide
IBM has been known through most of its recent history as the world's largest computer company; with over 388,000 employees worldwide, IBM is the largest information technology employer in the world. Despite falling behind Hewlett-Packard in total revenue since 2006, it remains the most profitable. IBM holds more patents than any other U.S. based technology company. It has engineers and consultants in over 170 countries and IBM Research has eight laboratories worldwide
.
IBM's information
Revenue: $98.8 billion USD
Employees: 386,558 (2007)
Subsidiaries: ADSTAR, FileNet, Informix, Iris, Lotus, Rational, Sequent, Tivoli
Founded: 1889 (incorporated 1911)
Headquarters: New York
Chairman & CEO: Samuel J. Palmisano
Subsidiaries: ADSTAR, FileNet, Informix, Iris, Lotus, Rational, Sequent, Tivoli
Founded: 1889 (incorporated 1911)
Headquarters: New York
Chairman & CEO: Samuel J. Palmisano
Monday, March 29, 2010
TECHNO CARNIVAL
On march 26th 2010, Techno carnival was organised in IIMT COLLEGE OF MANAGEMENT Gr Noida by BBA and BCA students. In the carnival many companies has came here which related to technology fields like HCL, DELL, COMPAQ, LG, SONY, HP etc. Apart from this some automobiles companies and telecom company has also came here. The college field was decorated very beautifully by the BBA and BCA students with the help of their faculties. Whole function was conducted under the guidance of Prof. Col. V.K. Malhotra, director of BBA/BCA.
The inauguration is done by the M.D. of our college, After that the programme had started. He was happy to see the efforts of the students.
Other programmes was also conducted by the students for entertainment of visitors and faculties. Students has participated in the programme like singing, dancing, mimicry and other games. Students and visitors and faculties had enjoyed a lot by seeing all this.
In the programme students were representing the companies and the giving the proper knowledge about the products to the visitors.refreshment facilities were also provided by the students.
Sunday, March 28, 2010
Kolkata Knight Riders beat Kings XI Punjab by 39 runs
MOHALI: After a few stutters, the Sourav Ganguly-led Kolkata Knight Riders put their IPL campaign back on track with a convincing 39-run victory over Kings XI Punjab here on Saturday.
Both sides, languishing at the bottom of the table, were desperate for victory but it was the Knights who pulled it off comfortably in the end, first putting up a challenging 183/5 on the board and then successfully stifling the Kings strokeplayers.
Yuvraj Singh, Manvinder Bisla and Kumar Sangakkara all got starts but against a disciplined KKR attack, the Kings innings failed to gather any momentum and they finished at 144/6. It’s a huge blow for the Punjab team, which is struggling for form this season.
KKR, meanwhile, will take heart from the manner in which their bowlers and batsmen rose to the task. Apart from a disciplined performance from Shane Bond and the seamers, their star of the day was Manoj Tiwary, whose whirlwhind 75 off just 47 balls put KKR in a strong position.
Tiwary also hit 21 runs with the help of two sixes and two fours off Irfan Pathan’s last over to perk up the KKR total.
Skipper Sourav Ganguly (50; 40b, 6x4, 1x6) too chipped in as the duo added 50 runs in 42 balls for the third-wicket partnership after two early dismissals. Both found it difficult to get going initially but as it turned out, it was enough to get KKR past the Kings.
With runs not coming at the desired pace, Ganguly tried to accelerate the run rate but after his dismissal, Tiwary upped the ante and the last two overs fetched 30 runs for the visitors.
Chris Gayle (14; 12b, 3x4) gave a rollicking start to KKR as he hit 15 runs off Brett Lee in the very first over. For Punjab, Brett Lee and Vijayant Malik, the two new faces, could not dent the opposition as both of them went wicketless. Sailabh Srivastava, along with Irfan Pathan, scalped two wickets each.
Kolkata Knight Riders: Sourav Ganguly (Capt.), Chris Gayle, Manoj Tiwary, Mandeep Singh, David Hussey, Angelo Mathews, Wriddhiman Saha, Shane Bond, Ajit Agarkar, Ashok Dinda, Iqbal Abdulla.
Kings XI Punjab: Kumar Sangakkara (Capt.), Ravi Bopara, Manvinder Bisla, Yuvraj Singh, Mahela Jayawardene, Irfan Pathan, Piyush Chawla, Shalabh Srivastava, Brett Lee, Karan Goel, Vikramjeet Malik.
Modi's questioning a 'big step forward': SIT chief Raghavan
GANDHINAGAR: The questioning of Gujarat Chief Minister Narendra Modi in connection with the Gulbarg riots post-Godhra is a "very big step forward" in trying to understand and unravel the mysteries in the case and the SIT will submit its report to the Supreme Court on or before April 30, its head R K Raghavan said today.
Declining to go into details of the questioning of 59-year-old Modi, he maintained that former CBI DIG A K Malhotra, who grilled the Chief Minister in two sessions yesterday, "looks relaxed" and said he has confidence in the officer's abilities.
Raghavan said he was happy that the Special Investigation Team, appointed by the Supreme Court, could get the Chief Minister for questioning and that it will have to appreciate the evidence before making any comments on the issue.
"It is a very big step forward in trying to understand and unravel quite a few mysteries in the matter...I am happy that we were able to get the CM for questioning. I have to appreciate the evidence," Raghavan told a TV channel.
Raghavan said that the petition of Zakia Jafri, wife of former Congress MP Ehsan Jafri who was killed along with 68 others in the Gulbarg Housing Society riots in 2002, was the SIT's "bible" and questions broadly related to it.
"I have greatest concern for the victims and I have never failed to take my eye away from justice. I am conscious of the sacred trust given by the Supreme Court," the SIT chief said.
Raghavan said broadly, he and Malhotra had discussed the questions to be put to Modi but he has not yet discussed the answers with him. "He (Malhotra) looks fresh and relaxed. I have not spoken to him (about the answers)."
Asked why he did not question Modi, Raghavan said as the chief of SIT, he does not meet the witnesses or the accused and it is a job done by the investigating officer or the inquiry officer.
"It is a good old practice that is followed by CBI...the director never does the examination. I have brought in this practice here. It is a fair and healthy practice," he said.
Asked whether the SIT will call Modi again for questioning if needed, he said, "I have to look at the evidence that has been collected. I have to look at what he had told Malhotra."
He said the SIT has the right to recall if there were "gaps" and that applied to any witness. "I broadly knew what the questions were going to be. Actually we sat down, had a session. We broadly agreed on what we should quiz him on."
Replying to a question, he said he will not go into details of the questioning. "I respect the functional authority of the investigating officer. I cannot say do this or do that," the SIT chief said.
Asked if the questioning went beyond Gulbarg riots, he said he would not like to go into details. "Our bible is Zakia's petition."
On whether 62 questions were put to Modi, he said it seems an "imaginary figure".
"Let him (Malhotra) give his report. I won't breath down his neck. The fact that I have brought in Malhotra shows I have tremendous respect for him."
To a question about the delay in SIT doing its job and allegations of bias, Raghavan said one must understand that he had kept away all Gujarat officers (in Modi questioning).
"They (the SIT officers) have done a good job. Let the court give its verdict," he said.
Asked when the SIT report would be submitted to the apex court, Raghavan said, "I am reasonably confident that I will meet the deadline of April 30...we will submit it on or before April 30."
Asked whether the Chief Minister fully cooperated in the questioning, Raghavan said, "The fact that he came we are happy. There has been an active dialogue.
"Malhotra seems satisfied. I suppose it was a satisfactory interaction between the Chief Minister and Malhotra," he said.
On whether he was under any political pressure, Raghavan said, "Do I look like a man under pressure? I am relaxed. (I was under) absolutely no pressure. I am doing my duty."
He also declined comment on a question whether an FIR will be registered on the basis of questioning of the Chief Minister on Zakia's petition.
Tuesday, March 23, 2010
BANGALORE: Sweden's Gripen NG, the last of the six fighter aircraft that are being evaluated by the Indian Air Force for the $12 billion medium multi-role combat aircraft (MMRCA) deal, left Bangalore on Monday morning for the Air Force Station (AFS) Jaisalmer.
Having gone through a week of performance trials — including a demonstration of air-to-air refuelling and flying manoeuvres — by the IAF's specifically designated MMRCA team here, two Gripens will now complete the remaining part of their flight tests over Pokhran and Leh before heading for the AFS Jamnagar and then to an air base in Sweden.
While one of the Gripens will undertake hot weather trials in and around the AFS Jaisalmer and later take off to perform a dummy run and bomb drop at the Pokhran test range, the other fighter, as part of the cold weather trials, will land in Leh, switch off, refuel and then take off again.
Ministry of Defence officials familiar with the MMRCA trials told The Hindu that while they expect no hiccups during the weapons drop over Pokhran, the Leh exercise proved challenging to the other contenders vying for the MMRCA deal.
The officials confided that four of the five aircraft in the MMRCA competition faced problems starting up in the rarefied atmosphere of Leh, and the IAF had to ask the manufacturers to undertake modifications in the aircraft's fuel systems. The Gripen's evaluation is part of the MMRCA flight trials, which started in August last, when the F/A-18 Hornets arrived here. These were followed by another American fighter, the F-16IN Super Viper. In September, the French Rafale flew over Bangalore. It was followed by Russia's MiG-35 and the European Aeronautic Defence and Space consortium's Eurofighter Typhoon flew in March.
Once the flight trials are completed, the MMRCA evaluation team headed by the Principal Director, Air Staff Requirements, Air Commodore R.K. Dhir will write the technical report, narrowing down the competition to three or four contenders. Thereafter, the commercial bids will be opened, with the lowest bidder — as per India's defence procurement procedures — winning the contract.
Monday, March 22, 2010
ENLATHAN TECHNOLOGY CAME TO IIMT GR. NOIDA
on 19th march 2010, Enlathan Technology Ltd. company had came to IIMT College of management for the placement of some students. That company had came here for taken those students who has specialization of either marketing or IT . Company had taken G.D. and Interview of students and select some students at the package of 3 lacs per annum .
The detail information of Enlathan Company is follows
Elnathan Technologies Limited is a young and promising IT software development company. Elnathan has a presence in 7 countries and further expanding. Our company is not just one of other software outsourcing developers, We are an IT company with a highly experienced background and fully qualified staff. We provide professional IT outsourcing services, Business Solutions and IT services that promote your image and name to keep it known in the web and world market for many years to come. We offer Web designing/development, E-commerce Solutions, Search Engine Optimization, corporate identity, ERP's, CRM's and client-server applications, Engineering Services,Consulting Services etc.You finally found a unique software development company at a competitive market rate. With Elnathan Technologies you reduce cost of software IT services, Business Solutions and outsourcing and enhance revenue's.
Elnathan Technologies provides you with the following services:
Application Re-engineering
System Transformation services
Saturday, March 20, 2010
WASHINGTON: Pakistan is coming up with a bill of $ 35 billion for its efforts in the war on terror and a wish-list that includes a nuclear deal similar to the US-India agreement as it prepares to engage Washington this coming week in what officials from both sides say is the most comprehensive dialogue in their bilateral history.
Turning the US mantra that Pakistan should "do more" in the war on terror, Pakistani officials, in an aggressive turnaround, have said Pakistan has done enough and it is now the United States turn to do more, as they set off to Washington for talks on the heels of what they claim is unprecedented success against the Taliban.
Pakistan has "captured" nearly half the top Taliban leadership, including the organisation's No.2 Mullah Baradar, in recent weeks in the run-up to the talks. Although U.N and Afghan officials accuse the Pakistanis, who were hosting the Taliban leadership, took them in to sabotage peace talks being held outside Islamabad's patronage, U.S officials said on Friday that they were "gratified" by the arrests.
"We are extremely gratified... he is where he belongs," the Obama administration's Af-Pak envoy Richard Holbrooke said about Baradar's arrest by Pakistan as he previewed the upcoming talks with reporters at the State Department on Friday, adding, "And many other people have been picked up or eliminated, and this is putting much more pressure on the Taliban. And this is a good thing for the simplest of reasons: It is good for the military efforts that are underway in Afghanistan."
Holbrooke also endorsed a central role for the Pakistani military at the talks, asking "how can you have a strategic dialogue without including the military?" In a move that has caused some disquiet in Pakistan itself, the country's army chief Pervez Ashfaq Kiyani and spy chief Ahmed Shuja Pasha are members of the delegation, ostensibly led by Pakistan's foreign minister Shah Mehmood Qureshi. Kiyani is said to have set the agenda for the talks in preparatory meetings in Pakistan.
"If we have a strategic dialogue in our country, we're going to include the Chairman of the Joint Chiefs of Staff or some other representative. So we are very pleased that General Kayani is part of this delegation. We think that it's one country, one government, one team. It was their decision and we welcomed it," Holbrooke said. Washington in recent weeks has noticeably cooled down its criticism of the over-arching role played by the Pakistan military in the country's affairs.
Pakistan's wish-list for the Obama administration includes not only speeding up disbursements in bilateral aid under the Kerry-Lugar package and Coalition Support Funds, both of which are audited for more precise use and claim, but enhanced support for its economy, particularly in the energy sector. Vast swathes of the country are now under 8 to 12 hour power cuts and Islamabad is presenting this as one reason why Washington should offer a civilian nuclear deal to Pakistan similar to the US-India deal, although experts say Pakistan has no capacity to absorb or implement such an agreement even if it were to pass international scrutiny.
US officials remain non-committal about the deal. "We have a very broad and complex agenda in these talks... and we're going to listen carefully to whatever the Pakistanis say," Holbrooke said cautiously when asked about a possible nuclear deal. In fact, no one in Washington takes Pakistan $ 35 billion claim as its total cost in the war on terror arrived at during internal deliberations in Islamabad last week, seriously.
Friday, March 19, 2010
DA Allowance increase
Cabinet approves 8% rise in dearness allowancePTI, Mar 19, 2010, 03.01pm IST
NEW DELHI: The government on Friday increased the dearness allowance for central government employees and pensioners by eight percentage points to compensate for price rise. The increase is in accordance with the accepted formula based on the recommendations of the Sixth Central Pay commission, Union information and broadcasting minister Ambika Soni told reporters after a meeting of the Union Cabinet here. The increase would be eight per cent over the existing rate of 27 per cent of basic pay or pension. The additional installment of dearness allowance would be released with effect from January this year. The combined impact on the exchequer on account of both dearness allowance and dearness relief would be to the tune of Rs 6969.36 crore per annum and Rs 8131.20 crore in the financial year 2010-2011. The DA revision is based on the consumer price index (CPI) for industrial workers, which has been showing a steep increase along with other indices of price rise.
NEW DELHI: The government on Friday increased the dearness allowance for central government employees and pensioners by eight percentage points to compensate for price rise. The increase is in accordance with the accepted formula based on the recommendations of the Sixth Central Pay commission, Union information and broadcasting minister Ambika Soni told reporters after a meeting of the Union Cabinet here. The increase would be eight per cent over the existing rate of 27 per cent of basic pay or pension. The additional installment of dearness allowance would be released with effect from January this year. The combined impact on the exchequer on account of both dearness allowance and dearness relief would be to the tune of Rs 6969.36 crore per annum and Rs 8131.20 crore in the financial year 2010-2011. The DA revision is based on the consumer price index (CPI) for industrial workers, which has been showing a steep increase along with other indices of price rise.
Thursday, March 11, 2010
Beijingers get back on their bikes
Competition between bike makers is becoming fierce
Office worker David Dai is one of a growing army of Beijing residents returning to two-wheeled transport.
But the 28-year-old does not rely on his own pedal power - like hundreds of thousands of others, he has bought an electric bike.
These battery-powered, and virtually silent, machines have become increasingly common on the streets of the Chinese capital.
With roads often clogged with cars - there are now four million vehicles in Beijing - they offer a speedy way to get around.
But not everyone seems to like them: government officials are unsure about how to deal with this explosion of electric bicycles.
Congested streets
China used to be known as the "kingdom of bicycles". In the 1980s, four out of five commuters pedalled to work on them in Beijing.
But as the capital's residents became richer following economic development, they ditched their bikes for four-wheeled transport.
Recent statistics suggest that only one in five city residents now use an ordinary bicycle to travel around.
In a matter of just a few years Beijing has gone from a city with few private cars to one where traffic jams are commonplace.
But many Beijing residents are now buying electric bicycles to avoid wasting time on congested streets.
"It takes only 10 minutes to ride my electric bike from home to work," said Mr Dai.
Hundreds of thousands of people have bought electric bicycles
"If I took the bus, I'd have to spend time waiting for it, and then I could be trapped in a traffic jam. It could take me half an hour to make the same journey."
These bikes are on sale everywhere, with shops sometimes clustered together. Their wares are lined up on the pavement in neat rows.
Zhang Zhiyong, the manager of a store selling a brand of electric bike called "Capital Wind", said it is easy to see why sales are booming.
"Beijing is not like other smaller cities - it's big. If people ride their bicycles to work, they get really tired. If they drive to work, the roads are often congested," he told the BBC.
"But an electric bike is environmentally friendly and convenient. Promoting the use of these bikes would benefit us all."
And they are much cheaper than cars. The most expensive model in Mr Zhang's shop is only 2,680 yuan ($390:£260).
Public outcry
But not everyone is convinced by the shop owner's argument.
Many ordinary bike riders complain that the fast, silent electric bikes that now whizz about the city are a menace to other road users.
Late last year the government announced it was going to issue guidelines on what could be considered an electric bike.
Officials initially planned to bring in rules that defined an electric bike as a something weighing less than 40kg and travelling at less than 20kmh.
A bicycle that was heavier and travelled faster would be considered an electric motorbike.
Bicycles once used to rule the roads in central Beijing
The owners of these larger machines would have to get a licence, register their motorbikes and buy insurance.
But the government scrapped the introduction of the new guidelines after a public outcry.
"There's been a big debate in China about exactly how to deal with electric bikes," said Vance Wagner, who works for a transport research centre linked to China's Ministry of Environmental Protection.
But with the number of electric bicycles increasing all the time, the government might find it hard to put off forever a decision on how to classify them.
"Many people don't realise that the population of electric bikes is actually growing way faster than the population of cars," explained Mr Wagner.
The sale of electric bikes has slightly dropped off recently as people wait to see how the government will tackle the problem of how to define one.
But, ultimately, it is something else that might kill off sales.
Some experts believe they are a stop-gap form of transport; a link between an ordinary bike and a car.
As Beijing car owner Richard Liu put it, cars give a clue to a person's status - the more successful they are, the bigger the car they own.
"I think 80% of Chinese people want to have a car, even if they don't have much money they will buy cheaper ones," he said.
So while they are popular now, electric bicycles might one day prove as unwanted as the pedalled variety.
Competition between bike makers is becoming fierce
Office worker David Dai is one of a growing army of Beijing residents returning to two-wheeled transport.
But the 28-year-old does not rely on his own pedal power - like hundreds of thousands of others, he has bought an electric bike.
These battery-powered, and virtually silent, machines have become increasingly common on the streets of the Chinese capital.
With roads often clogged with cars - there are now four million vehicles in Beijing - they offer a speedy way to get around.
But not everyone seems to like them: government officials are unsure about how to deal with this explosion of electric bicycles.
Congested streets
China used to be known as the "kingdom of bicycles". In the 1980s, four out of five commuters pedalled to work on them in Beijing.
But as the capital's residents became richer following economic development, they ditched their bikes for four-wheeled transport.
Recent statistics suggest that only one in five city residents now use an ordinary bicycle to travel around.
In a matter of just a few years Beijing has gone from a city with few private cars to one where traffic jams are commonplace.
But many Beijing residents are now buying electric bicycles to avoid wasting time on congested streets.
"It takes only 10 minutes to ride my electric bike from home to work," said Mr Dai.
Hundreds of thousands of people have bought electric bicycles
"If I took the bus, I'd have to spend time waiting for it, and then I could be trapped in a traffic jam. It could take me half an hour to make the same journey."
These bikes are on sale everywhere, with shops sometimes clustered together. Their wares are lined up on the pavement in neat rows.
Zhang Zhiyong, the manager of a store selling a brand of electric bike called "Capital Wind", said it is easy to see why sales are booming.
"Beijing is not like other smaller cities - it's big. If people ride their bicycles to work, they get really tired. If they drive to work, the roads are often congested," he told the BBC.
"But an electric bike is environmentally friendly and convenient. Promoting the use of these bikes would benefit us all."
And they are much cheaper than cars. The most expensive model in Mr Zhang's shop is only 2,680 yuan ($390:£260).
Public outcry
But not everyone is convinced by the shop owner's argument.
Many ordinary bike riders complain that the fast, silent electric bikes that now whizz about the city are a menace to other road users.
Late last year the government announced it was going to issue guidelines on what could be considered an electric bike.
Officials initially planned to bring in rules that defined an electric bike as a something weighing less than 40kg and travelling at less than 20kmh.
A bicycle that was heavier and travelled faster would be considered an electric motorbike.
Bicycles once used to rule the roads in central Beijing
The owners of these larger machines would have to get a licence, register their motorbikes and buy insurance.
But the government scrapped the introduction of the new guidelines after a public outcry.
"There's been a big debate in China about exactly how to deal with electric bikes," said Vance Wagner, who works for a transport research centre linked to China's Ministry of Environmental Protection.
But with the number of electric bicycles increasing all the time, the government might find it hard to put off forever a decision on how to classify them.
"Many people don't realise that the population of electric bikes is actually growing way faster than the population of cars," explained Mr Wagner.
The sale of electric bikes has slightly dropped off recently as people wait to see how the government will tackle the problem of how to define one.
But, ultimately, it is something else that might kill off sales.
Some experts believe they are a stop-gap form of transport; a link between an ordinary bike and a car.
As Beijing car owner Richard Liu put it, cars give a clue to a person's status - the more successful they are, the bigger the car they own.
"I think 80% of Chinese people want to have a car, even if they don't have much money they will buy cheaper ones," he said.
So while they are popular now, electric bicycles might one day prove as unwanted as the pedalled variety.
Profile: Carlos Slim
Carlos Slim makes his billions from a wide range of investments
He doesn't bother with private jets, shuns flashy offices, and for most of the 1990s made do with a plastic watch.
And while he does have a laptop, he is adamant that he does not use it, saying: "I'm a paper man, not electronic."
Not the kind of attributes you might expect from someone who has now been named the richest man in the world by Forbes magazine.
Mexican tycoon Carlos Slim is now worth $53.5bn (£35.8bn). That puts him above Bill Gates and Warren Buffet, but unlike his US rivals, he remains relatively unknown outside of his native Latin America.
Family empire
There, he controls more than 200 companies. These range from telecoms, where he first made his fortune, to infrastructure, banking and retail.
In order to maintain his influence over his expanding empire, his sons and sons-in-law have been put in charge of many businesses.
One of the most significant in Mr Slim's empire is America Movil, Latin America's largest mobile phone company, which operates in 11 countries and serves more than 150 million customers.
His telecoms interests also extend to Telmex - the company he fought to take control of in 1990 when it was nationalised. It now operates around 90% of Mexico's telephone lines.
Mr Slim, whose heavy-set figure belies his name, also owns the Inbursa financial group and the Grupo Carso industrial conglomerate, whose interests range from retail stores to restaurants.
Meanwhile, the infrastructure firm he owns, Ideal, is working on a project to develop a shopping centre, schools and a hospital in Mexico City.
It's... my conviction that poverty is not fought with donations, charity or even public spending
Carlos Slim
The baseball-mad engineering graduate made enough money from working in property early in his career to invest in the stock market.
By the age of 26, he was worth $40m, but it was during the Latin American economic crisis of the early 1980s that Mr Slim made a name for himself as a man who could make money in a recession.
He was able to buy a number of struggling companies at very low prices before transforming their fortunes.
Like Mr Buffett, Mr Slim has done some canny deals in the stock market - not least, buying shares in Apple when they were $17 each. They are now worth well over $200.
Philanthropy scepticism
The son of Lebanese immigrants, Mr Slim is known for his philanthropy - though not on the scale of Mr Gates or Mr Buffett.
Most recently, he linked up with former US President Bill Clinton and Canadian mining figure Frank Giustra to launch an anti-poverty campaign in Latin America, and in March pledged $6bn for his three charitable foundations.
Wealth is like an orchard - you have to share the fruit, not the trees
Carlos Slim
In Mexico where, according to World Bank data, about 50% of people are living in poverty, many feel that he has not donated enough, especially given how ubiquitous his companies are in day-to-day life.
However his supporters say that some of that criticism is unfair, not least because of his relatively recent elevation to the ranks of the mega-rich.
And Mr Slim, has said he is not convinced that philanthropy is the best way to help people.
"(Bill) Gates has to study how he can (fight poverty) in the same way that Microsoft...succeeded in business, because charity has not solved the problem," he told USA today.
"It's based on my conviction that poverty is not fought with donations, charity or even public spending, but that you fight it with health, education and jobs."
Still working, the tycoon has indicated he has no desire to retire from business to concentrate more on charitable work, as Mr Gates has done.
As he said in a recent interview: "Wealth is like an orchard. You have to share the fruit, not the trees."
Foreign expansion
If you have yet to hear of Carlos Slim, that may be about to change.
In recent years the tycoon has sought to expand his businesses abroad, including investments in 2008 in the New York Times newspaper and in the struggling bank Citigroup.
In the UK he has been linked with investments in company behind the Independent and Independent on Sunday newspapers.
Analysts suggest he is trying to replicate his Latin American success on a global scale. That remains to be seen, but his rise to the number one spot on the world rich list shows that a global economic downturn is unlikely to slow his progress.
sandeep kumar srivastav
PGDM IIsem
Carlos Slim makes his billions from a wide range of investments
He doesn't bother with private jets, shuns flashy offices, and for most of the 1990s made do with a plastic watch.
And while he does have a laptop, he is adamant that he does not use it, saying: "I'm a paper man, not electronic."
Not the kind of attributes you might expect from someone who has now been named the richest man in the world by Forbes magazine.
Mexican tycoon Carlos Slim is now worth $53.5bn (£35.8bn). That puts him above Bill Gates and Warren Buffet, but unlike his US rivals, he remains relatively unknown outside of his native Latin America.
Family empire
There, he controls more than 200 companies. These range from telecoms, where he first made his fortune, to infrastructure, banking and retail.
In order to maintain his influence over his expanding empire, his sons and sons-in-law have been put in charge of many businesses.
One of the most significant in Mr Slim's empire is America Movil, Latin America's largest mobile phone company, which operates in 11 countries and serves more than 150 million customers.
His telecoms interests also extend to Telmex - the company he fought to take control of in 1990 when it was nationalised. It now operates around 90% of Mexico's telephone lines.
Mr Slim, whose heavy-set figure belies his name, also owns the Inbursa financial group and the Grupo Carso industrial conglomerate, whose interests range from retail stores to restaurants.
Meanwhile, the infrastructure firm he owns, Ideal, is working on a project to develop a shopping centre, schools and a hospital in Mexico City.
It's... my conviction that poverty is not fought with donations, charity or even public spending
Carlos Slim
The baseball-mad engineering graduate made enough money from working in property early in his career to invest in the stock market.
By the age of 26, he was worth $40m, but it was during the Latin American economic crisis of the early 1980s that Mr Slim made a name for himself as a man who could make money in a recession.
He was able to buy a number of struggling companies at very low prices before transforming their fortunes.
Like Mr Buffett, Mr Slim has done some canny deals in the stock market - not least, buying shares in Apple when they were $17 each. They are now worth well over $200.
Philanthropy scepticism
The son of Lebanese immigrants, Mr Slim is known for his philanthropy - though not on the scale of Mr Gates or Mr Buffett.
Most recently, he linked up with former US President Bill Clinton and Canadian mining figure Frank Giustra to launch an anti-poverty campaign in Latin America, and in March pledged $6bn for his three charitable foundations.
Wealth is like an orchard - you have to share the fruit, not the trees
Carlos Slim
In Mexico where, according to World Bank data, about 50% of people are living in poverty, many feel that he has not donated enough, especially given how ubiquitous his companies are in day-to-day life.
However his supporters say that some of that criticism is unfair, not least because of his relatively recent elevation to the ranks of the mega-rich.
And Mr Slim, has said he is not convinced that philanthropy is the best way to help people.
"(Bill) Gates has to study how he can (fight poverty) in the same way that Microsoft...succeeded in business, because charity has not solved the problem," he told USA today.
"It's based on my conviction that poverty is not fought with donations, charity or even public spending, but that you fight it with health, education and jobs."
Still working, the tycoon has indicated he has no desire to retire from business to concentrate more on charitable work, as Mr Gates has done.
As he said in a recent interview: "Wealth is like an orchard. You have to share the fruit, not the trees."
Foreign expansion
If you have yet to hear of Carlos Slim, that may be about to change.
In recent years the tycoon has sought to expand his businesses abroad, including investments in 2008 in the New York Times newspaper and in the struggling bank Citigroup.
In the UK he has been linked with investments in company behind the Independent and Independent on Sunday newspapers.
Analysts suggest he is trying to replicate his Latin American success on a global scale. That remains to be seen, but his rise to the number one spot on the world rich list shows that a global economic downturn is unlikely to slow his progress.
sandeep kumar srivastav
PGDM IIsem
PCB bans Younus and Yousuf
ISLAMABAD: Former Pakistan captains Younus Khan and Mohammad Yousuf have been banned from the national cricket team after the recent catastrophic tour of Australia, the cricket board said on Wednesday.
Two other players Rana Naved-ul-Hasan and Shoaib Malik were banned for a year by the six-man committee set up by the Pakistan Cricket Board (PCB) to investigate the December-February tour, in which Pakistan lost the Test series 3-0, the one-day matches 5-0 and the only Twenty20 match.
The committee blamed infighting between Yousuf and Younus for the disastrous results, and recommended they “should not be part of the national team in any format.”
PCB's legal advisor Taffazul Rizvi explained the ramifications for Khan and Yousuf.
“They will not be part of any Pakistan team in any format from here on,” he said, adding that the PCB had stopped short of imposing a so-called life ban.Two other players Rana Naved-ul-Hasan and Shoaib Malik were banned for a year by the six-man committee set up by the Pakistan Cricket Board (PCB) to investigate the December-February tour, in which Pakistan lost the Test series 3-0, the one-day matches 5-0 and the only Twenty20 match.
The committee blamed infighting between Yousuf and Younus for the disastrous results, and recommended they “should not be part of the national team in any format.”
PCB's legal advisor Taffazul Rizvi explained the ramifications for Khan and Yousuf.
“A life ban means they cannot play domestic cricket or any other similar cricket, but we are not stopping them from that. They can play domestic cricket or county cricket here and abroad.
Malik and Naved were also fined (P) Rs. 2 million, wicketkeeper Kamran Akmal was handed a fine of (P) Rs. 3 million and Umar Akmal was fined (P) Rs. 2 million. Shahid Afridi was fined (P) Rs. 3 million for ball-tampering during the one-day series against Australia.
The Inquiry Committee comprised PCB Chief Operating Officer Wasim Bari, Board member Wazir Ali Khoja, Director of Cricket Operations Zakir Khan, and team managers Yawar Saeed and Rizvi.
The players who were handed suspensions and fines appeared before the committee while other team officials — coach Intikhab Alam, assistant coach Aaqib Javed, the then manager Abdul Raqeeb, physiotherapist Faisal Hayat and analyst Mohammad Talha — were also interviewed.
The committee also looked into the manager and coaches reports of Pakistan's tour last year to the UAE for a one-day series against New Zealand, its Test series in New Zealand and the disastrous tour of Australia.
BJP denies divisions over Women's Reservation Bill
The Bharatiya Janata Party denied today that it was divided over the women's bill that seeks to reserve a third of all seats in the country's legislatures for women.
Govt ready for all-pary meet
Profile: Carlos Slim
Carlos Slim makes his billions from a wide range of investments
He doesn't bother with private jets, shuns flashy offices, and for most of the 1990s made do with a plastic watch.
And while he does have a laptop, he is adamant that he does not use it, saying: "I'm a paper man, not electronic."
Not the kind of attributes you might expect from someone who has now been named the richest man in the world by Forbes magazine.
Mexican tycoon Carlos Slim is now worth $53.5bn (£35.8bn). That puts him above Bill Gates and Warren Buffet, but unlike his US rivals, he remains relatively unknown outside of his native Latin America.
Family empire
There, he controls more than 200 companies. These range from telecoms, where he first made his fortune, to infrastructure, banking and retail.
In order to maintain his influence over his expanding empire, his sons and sons-in-law have been put in charge of many businesses.
One of the most significant in Mr Slim's empire is America Movil, Latin America's largest mobile phone company, which operates in 11 countries and serves more than 150 million customers.
His telecoms interests also extend to Telmex - the company he fought to take control of in 1990 when it was nationalised. It now operates around 90% of Mexico's telephone lines.
Mr Slim, whose heavy-set figure belies his name, also owns the Inbursa financial group and the Grupo Carso industrial conglomerate, whose interests range from retail stores to restaurants.
Meanwhile, the infrastructure firm he owns, Ideal, is working on a project to develop a shopping centre, schools and a hospital in Mexico City.
It's... my conviction that poverty is not fought with donations, charity or even public spending
Carlos Slim
The baseball-mad engineering graduate made enough money from working in property early in his career to invest in the stock market.
By the age of 26, he was worth $40m, but it was during the Latin American economic crisis of the early 1980s that Mr Slim made a name for himself as a man who could make money in a recession.
He was able to buy a number of struggling companies at very low prices before transforming their fortunes.
Like Mr Buffett, Mr Slim has done some canny deals in the stock market - not least, buying shares in Apple when they were $17 each. They are now worth well over $200.
Philanthropy scepticism
The son of Lebanese immigrants, Mr Slim is known for his philanthropy - though not on the scale of Mr Gates or Mr Buffett.
Most recently, he linked up with former US President Bill Clinton and Canadian mining figure Frank Giustra to launch an anti-poverty campaign in Latin America, and in March pledged $6bn for his three charitable foundations.
Wealth is like an orchard - you have to share the fruit, not the trees
Carlos Slim
In Mexico where, according to World Bank data, about 50% of people are living in poverty, many feel that he has not donated enough, especially given how ubiquitous his companies are in day-to-day life.
However his supporters say that some of that criticism is unfair, not least because of his relatively recent elevation to the ranks of the mega-rich.
And Mr Slim, has said he is not convinced that philanthropy is the best way to help people.
"(Bill) Gates has to study how he can (fight poverty) in the same way that Microsoft...succeeded in business, because charity has not solved the problem," he told USA today.
"It's based on my conviction that poverty is not fought with donations, charity or even public spending, but that you fight it with health, education and jobs."
Still working, the tycoon has indicated he has no desire to retire from business to concentrate more on charitable work, as Mr Gates has done.
As he said in a recent interview: "Wealth is like an orchard. You have to share the fruit, not the trees."
Foreign expansion
If you have yet to hear of Carlos Slim, that may be about to change.
In recent years the tycoon has sought to expand his businesses abroad, including investments in 2008 in the New York Times newspaper and in the struggling bank Citigroup.
In the UK he has been linked with investments in company behind the Independent and Independent on Sunday newspapers.
Analysts suggest he is trying to replicate his Latin American success on a global scale. That remains to be seen, but his rise to the number one spot on the world rich list shows that a global economic downturn is unlikely to slow his progress.
sandeep kumar srivastav
PGDM IIsem
Carlos Slim makes his billions from a wide range of investments
He doesn't bother with private jets, shuns flashy offices, and for most of the 1990s made do with a plastic watch.
And while he does have a laptop, he is adamant that he does not use it, saying: "I'm a paper man, not electronic."
Not the kind of attributes you might expect from someone who has now been named the richest man in the world by Forbes magazine.
Mexican tycoon Carlos Slim is now worth $53.5bn (£35.8bn). That puts him above Bill Gates and Warren Buffet, but unlike his US rivals, he remains relatively unknown outside of his native Latin America.
Family empire
There, he controls more than 200 companies. These range from telecoms, where he first made his fortune, to infrastructure, banking and retail.
In order to maintain his influence over his expanding empire, his sons and sons-in-law have been put in charge of many businesses.
One of the most significant in Mr Slim's empire is America Movil, Latin America's largest mobile phone company, which operates in 11 countries and serves more than 150 million customers.
His telecoms interests also extend to Telmex - the company he fought to take control of in 1990 when it was nationalised. It now operates around 90% of Mexico's telephone lines.
Mr Slim, whose heavy-set figure belies his name, also owns the Inbursa financial group and the Grupo Carso industrial conglomerate, whose interests range from retail stores to restaurants.
Meanwhile, the infrastructure firm he owns, Ideal, is working on a project to develop a shopping centre, schools and a hospital in Mexico City.
It's... my conviction that poverty is not fought with donations, charity or even public spending
Carlos Slim
The baseball-mad engineering graduate made enough money from working in property early in his career to invest in the stock market.
By the age of 26, he was worth $40m, but it was during the Latin American economic crisis of the early 1980s that Mr Slim made a name for himself as a man who could make money in a recession.
He was able to buy a number of struggling companies at very low prices before transforming their fortunes.
Like Mr Buffett, Mr Slim has done some canny deals in the stock market - not least, buying shares in Apple when they were $17 each. They are now worth well over $200.
Philanthropy scepticism
The son of Lebanese immigrants, Mr Slim is known for his philanthropy - though not on the scale of Mr Gates or Mr Buffett.
Most recently, he linked up with former US President Bill Clinton and Canadian mining figure Frank Giustra to launch an anti-poverty campaign in Latin America, and in March pledged $6bn for his three charitable foundations.
Wealth is like an orchard - you have to share the fruit, not the trees
Carlos Slim
In Mexico where, according to World Bank data, about 50% of people are living in poverty, many feel that he has not donated enough, especially given how ubiquitous his companies are in day-to-day life.
However his supporters say that some of that criticism is unfair, not least because of his relatively recent elevation to the ranks of the mega-rich.
And Mr Slim, has said he is not convinced that philanthropy is the best way to help people.
"(Bill) Gates has to study how he can (fight poverty) in the same way that Microsoft...succeeded in business, because charity has not solved the problem," he told USA today.
"It's based on my conviction that poverty is not fought with donations, charity or even public spending, but that you fight it with health, education and jobs."
Still working, the tycoon has indicated he has no desire to retire from business to concentrate more on charitable work, as Mr Gates has done.
As he said in a recent interview: "Wealth is like an orchard. You have to share the fruit, not the trees."
Foreign expansion
If you have yet to hear of Carlos Slim, that may be about to change.
In recent years the tycoon has sought to expand his businesses abroad, including investments in 2008 in the New York Times newspaper and in the struggling bank Citigroup.
In the UK he has been linked with investments in company behind the Independent and Independent on Sunday newspapers.
Analysts suggest he is trying to replicate his Latin American success on a global scale. That remains to be seen, but his rise to the number one spot on the world rich list shows that a global economic downturn is unlikely to slow his progress.
sandeep kumar srivastav
PGDM IIsem
Emissions: China joins India on scrutiny
China supports India in opposing any international “scrutiny” of voluntary actions to reduce greenhouse gas emissions, said the country's top climate change negotiator on Wednesday.
China also sought to continue and expand cooperation with India as negotiations between the developing world and the West headed towards the climate change conference in Mexico later this year, said Xie Zhenhua, vice-chairman of the National Development and Reform Commission and one of China's lead negotiators at December's Copenhagen conference.
“China and India have a common position on major issues on climate change and we are willing to step up cooperation in forestry, energy efficiency and renewable energy,” he said. “We face common challenges, such as the task of developing our economy, eliminating poverty, improving people's livelihood, reducing emissions and protecting the environment.”
On Wednesday, Mr. Xie also lent support to India's opposition to any international scrutiny of voluntary actions to reduce emissions, which the United States and some European countries are calling for. That, Mr. Xie said, was out of the question, being “an issue of sovereignty”.
“Autonomous efforts must not be subject to MRV [Measurement, Reporting and Verification],” he stressed.
He, however, added that China had agreed to “verification that is non-intrusive” in the interest of advancing negotiations at Copenhagen, and to “reduce mistrust” with the West.
While China and India had initially been opposed to any MRV of voluntary projects, they had agreed to “consultations and analysis” in the negotiations but not to “scrutiny”.
Developed countries, Mr. Xie said, “should be subject to MRV in emission reductions and also in providing technological, financial and capacity building support to developing countries”.
The question of international scrutiny of developing countries' mitigation actions remains a crucial sticking point in talks between the West and the developing world. In its submission to the United Nations Framework Convention on Climate Change (UNFCCC) last month, the U.S. reiterated its call for “scrutiny” of voluntary actions, though it later changed its position following opposition from India, as The Hindu first reported on February 28.
China and India this week formally “listed” their names as parties to the Copenhagen accord, though many differences still remain in the positions of developing countries and the West.
Mr. Xie called on the U.S. to help bridge the gap and work towards an agreement in Mexico.
He said the U.S “should do more in terms of providing technology and capacity building support”, and its commitments “fell short of UNFCCC requirements and expectations of developing countries”.
“We hope the U.S. will not shift responsibility to other countries,”
ANSHU KUMAR
PGDM 2nd sem
China also sought to continue and expand cooperation with India as negotiations between the developing world and the West headed towards the climate change conference in Mexico later this year, said Xie Zhenhua, vice-chairman of the National Development and Reform Commission and one of China's lead negotiators at December's Copenhagen conference.
“China and India have a common position on major issues on climate change and we are willing to step up cooperation in forestry, energy efficiency and renewable energy,” he said. “We face common challenges, such as the task of developing our economy, eliminating poverty, improving people's livelihood, reducing emissions and protecting the environment.”
On Wednesday, Mr. Xie also lent support to India's opposition to any international scrutiny of voluntary actions to reduce emissions, which the United States and some European countries are calling for. That, Mr. Xie said, was out of the question, being “an issue of sovereignty”.
“Autonomous efforts must not be subject to MRV [Measurement, Reporting and Verification],” he stressed.
He, however, added that China had agreed to “verification that is non-intrusive” in the interest of advancing negotiations at Copenhagen, and to “reduce mistrust” with the West.
While China and India had initially been opposed to any MRV of voluntary projects, they had agreed to “consultations and analysis” in the negotiations but not to “scrutiny”.
Developed countries, Mr. Xie said, “should be subject to MRV in emission reductions and also in providing technological, financial and capacity building support to developing countries”.
The question of international scrutiny of developing countries' mitigation actions remains a crucial sticking point in talks between the West and the developing world. In its submission to the United Nations Framework Convention on Climate Change (UNFCCC) last month, the U.S. reiterated its call for “scrutiny” of voluntary actions, though it later changed its position following opposition from India, as The Hindu first reported on February 28.
China and India this week formally “listed” their names as parties to the Copenhagen accord, though many differences still remain in the positions of developing countries and the West.
Mr. Xie called on the U.S. to help bridge the gap and work towards an agreement in Mexico.
He said the U.S “should do more in terms of providing technology and capacity building support”, and its commitments “fell short of UNFCCC requirements and expectations of developing countries”.
“We hope the U.S. will not shift responsibility to other countries,”
ANSHU KUMAR
PGDM 2nd sem
All parties to be consulted on Women's Bill: Govt to Yadavs
A breakthrough on the Women's Reservation Bill was made after Mulayam Singh Yadav, Lalu Prasad and Sharad Yadav met Pranab Mukherjee. The govt has assured them the Bill would be brought in Lok Sabha only after consultations with all parties.
Samsung unveils world's first 3-D LED TV sets
With the star power of hip-hop group The Black Eyed Peas and Avatar director James Cameron, South Korea's Samsung Electronics unveiled the world's first 3-D TV technology aimed at revolutionizing the home viewing experience.
At a glitzy ceremony in New York's Time Warner Centre on Wednesday, the leading consumer electronics maker announced the launch of a broad lineup of new sets, beginning with 46-inch and 55-inch C7000 models this month, showcasing the LED-lit TVs' 3-D picture quality with incredible depth and perfect clarity.
Viewers will have to wear electronic glasses that open and close rapidly in time, with images designed for the right and left eye, creating a three-dimensional effect.
Samsung also announced the expansion of its strategic alliance with DreamWorks Animation, the US maker of Shrek, Kung Fu Panda and other hit movies to speed up the worldwide deployment of in-home 3-D to mainstream consumers.
This will include a first-time feature-length, 3-D Blu-ray version of DreamWorks Animation's 2009 release, Monsters vs. Aliens.
Growth of 3-D has been slow because of a lack of programming, the need to wear special glasses and the higher prices of 3-D sets, but the recent release of science fiction blockbuster Avatar, a 3-D film by Titanic director Cameron, has renewed interest in the medium.
SURBHI SINGH
PGDM IInd sem
At a glitzy ceremony in New York's Time Warner Centre on Wednesday, the leading consumer electronics maker announced the launch of a broad lineup of new sets, beginning with 46-inch and 55-inch C7000 models this month, showcasing the LED-lit TVs' 3-D picture quality with incredible depth and perfect clarity.
Viewers will have to wear electronic glasses that open and close rapidly in time, with images designed for the right and left eye, creating a three-dimensional effect.
Samsung also announced the expansion of its strategic alliance with DreamWorks Animation, the US maker of Shrek, Kung Fu Panda and other hit movies to speed up the worldwide deployment of in-home 3-D to mainstream consumers.
This will include a first-time feature-length, 3-D Blu-ray version of DreamWorks Animation's 2009 release, Monsters vs. Aliens.
Growth of 3-D has been slow because of a lack of programming, the need to wear special glasses and the higher prices of 3-D sets, but the recent release of science fiction blockbuster Avatar, a 3-D film by Titanic director Cameron, has renewed interest in the medium.
SURBHI SINGH
PGDM IInd sem
Implementation will take over two years: Moily
It will be more than two years after the Women's Reservation Bill is passed in Lok Sabha for it to be implemented because of the long subsequent legislative and other processes associated with it.
“It will take a minimum of two years. Just like the delimitation process... a commission or a committee it will take two to two-and-a-half years from now. The process is such,” Law Minister M. Veerappa Moily told PTI.
However, he expressed confidence that the reservation of seats and the identification of 181 of the 543 seats for women in the Lok Sabha would be in place “definitely” before the next Lok Sabha elections due in 2014.
Apart from reserving seats in the Lok Sabha, the Constitution Amendment Bill, which was passed by the Rajya Sabha on Tuesday, seeks to provide reservation for women in 1,370 out of a total of 4,109 seats in 28 Assemblies.
The principle of reservation of seats for women will also apply to seats reserved for the SC/ST candidates.
The Bill provides for rotation of seats reserved for women every Lok Sabha at the end of the term.
Explaining the process, Mr. Moily said that once the Lok Sabha passed the Bill and the President signed it, it would be sent to all the States for ratification.
At least 14 of the 28 States would have to ratify the legislation for it to become a law. This process, Mr. Moily said, might take about nine months.
Once the States ratified the Bill, Mr. Moily said, the government would have to enact an ordinary legislation — something on the lines of a delimitation law for charting the roadmap of how to go about the process.
The Election Commission would be brought into the picture, and a commission constituted to go about the job of drawing the parameters for delineating the constituencies and earmarking them for women.
ANSHU KUMAR
PGDM 2nd sem
“It will take a minimum of two years. Just like the delimitation process... a commission or a committee it will take two to two-and-a-half years from now. The process is such,” Law Minister M. Veerappa Moily told PTI.
However, he expressed confidence that the reservation of seats and the identification of 181 of the 543 seats for women in the Lok Sabha would be in place “definitely” before the next Lok Sabha elections due in 2014.
Apart from reserving seats in the Lok Sabha, the Constitution Amendment Bill, which was passed by the Rajya Sabha on Tuesday, seeks to provide reservation for women in 1,370 out of a total of 4,109 seats in 28 Assemblies.
The principle of reservation of seats for women will also apply to seats reserved for the SC/ST candidates.
The Bill provides for rotation of seats reserved for women every Lok Sabha at the end of the term.
Explaining the process, Mr. Moily said that once the Lok Sabha passed the Bill and the President signed it, it would be sent to all the States for ratification.
At least 14 of the 28 States would have to ratify the legislation for it to become a law. This process, Mr. Moily said, might take about nine months.
Once the States ratified the Bill, Mr. Moily said, the government would have to enact an ordinary legislation — something on the lines of a delimitation law for charting the roadmap of how to go about the process.
The Election Commission would be brought into the picture, and a commission constituted to go about the job of drawing the parameters for delineating the constituencies and earmarking them for women.
ANSHU KUMAR
PGDM 2nd sem
Subscribe to:
Posts (Atom)