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10m to lose jobs by March in export units
NEW DELHI: Ten million people in the export sector will be out of job by March this year, as Indian goods find fewer buyers in the international market which is battling the worst crisis since 1929.
"There will be 10m job losses by March," Federation of Indian Export Organisations (FIEO) President A Sakthivel told reporters today.
Indian exports, which account for just about 20% of the country`s Gross Domestic Product, are a highly labour-intensive activity, employing 150m people.
The country`s exports, which posted a robust 30.9% growth rate in the first half of fiscal, contracted by 12.1% in October, for the first time in the last five years. The negative trend continued in November, when exports fell to $11.5bn from $12.7bn. The data for December are yet to be released.
"I can safely say that negative growth trends will continue in December and in the next couple of months... I hope we will end the fiscal with exports of about $175-180bn," Sakthivel said.
FIEO yesterday said there was no "serious consideration" for exporters in the measures announced by the government last week.
The target for the current fiscal is $200bn while exports totalled about $160bn in 2007-08.
Europe and North America, which account for 37% of India`s merchandise exports, are reeling under recession and slowdown.
The FIEO chief said he did not see positive trends before the fourth quarter of the calendar 2009, "though a complete U-turn may take a little longer", he said.
...
In reply to:
Job losses....
Posted by :
sambala
Job losses would be temporary: Montek Ahluwalia
New Delhi: The government on Friday said the current economic situation could lead to some job losses, but these would only be temporary with economy poised to grow at seven per cent this fiscal.
"Certainly in sectors that are badly affected, if we are not able to completely counter the effect of recession, there may be some job losses. We hope they will be temporary," Planning Commission Deputy Chairman Montek Singh Ahluwalia told reporters while briefing on the stimulus package.
He said the idea behind this package is to ensure that economy does not slow down too much.
Ahluwalia said the economy is expected to grow at seven per cent this fiscal and that will be a good performance.
"So, when I say that this package will hopefully generate a growth rate of seven per cent, that is a growth rate that is certainly consistent with the total number of jobs in the economy increasing," he said.
The Planning Commission Deputy Chairman, however, said it is not possible to completely counter the impact of an external slowdown.
"But with this package what we are doing is minimising the pain on that score," he added.
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Typos sourav,
I meant one woman man of course!...
In reply to:
Beautiful Bangalore!!
Posted by : radhika_nandlal
Shortly Mercedes Benz Buses will be seen plying on Bangalore Roads thanks to Yedi`s initiative to an aesthetic bangalore.
He also has introduced a new garbage collection program. Now a garbage van comes to our doorsteps to collect garbage. This has been deployed for every localty i suppose. The driver is spotted hooting at the top of his voice inspite of a loudspeaker lol about how its important to dispose our garbage in a hygeinic way in plastic bags and to place them outside the doorstep. The guy jumps out of the tempo and tosses the garbage bags from each doorstep onto his minitruck.. WOW... The rural folks look at this with a smile on their face, wondering why garbage collection should be so hyped. :)
Coming back to Bangalore transportation, until now we saw Volvo buses replacing the local buses in Bangalore. Now we will have mercedes Benz buses replacing the rest of the local fleet.. Way to go... Bangalore is a treat for the eyes in more ways than one... the significant one being the bevy of beauties in Bangalore but souravkandu has no eyes for more than one beauty here!! He is a one man woman... LOL
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Shortly Mercedes Benz Buses will be seen plying on Bangalore Roads thanks to Yedi`s initiative to an aesthetic bangalore.
He also has introduced a new garbage collection program. Now a garbage van comes to our doorsteps to collect garbage. This has been deployed for every localty i suppose. The driver is spotted hooting at the top of his voice inspite of a loudspeaker lol about how its important to dispose our garbage in a hygeinic way in plastic bags and to place them outside the doorstep. The guy jumps out of the tempo and tosses the garbage bags from each doorstep onto his minitruck.. WOW... The rural folks look at this with a smile on their face, wondering why garbage collection should be so hyped. :)
Coming back to Bangalore transportation, until now we saw Volvo buses replacing the local buses in Bangalore. Now we will have mercedes Benz buses replacing the rest of the local fleet.. Way to go... Bangalore is a treat for the eyes in more ways than one... the significant one being the bevy of beauties in Bangalore but souravkandu has no eyes for more than one beauty here!! He is a one man woman... LOL...
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The Dangers Of An
India-Pakistan War
By Lord Stirling
12-27-8
A war could easily escalate from a Indian `limited non-nuclear surgical strike` into a all out nuclear war targeting not only enemy military sites but also enemy population centers.
A review of Indian and Pakistani weapons of mass destruction and delivery systems shows just how scary the Indian subcontinent is at this present time.
Pakistan`s nuclear weapon program dates back to at least 1974 and is very advanced, although not as advanced as larger and richer India`s is
Pakistan uses both highly enriched uranium and plutonium for its nuclear weapons. The Khushab nuclear site has sufficient plutonium production for 40 to 50 warheads a year by itself. This site is coming on line and is a major expansion of Pakistani plutonium reprocessing capabilities; a fact that concerns a number of nations including America, India, and Israel. In 2000, US military intelligence reportedly estimated Pakistani nuclear weapons at approximately 100 in number. A number of 200 in late 2008/early 2009 is very probable.
The Pakistani strategic capable missiles include the following: the Hatf-X (also called Tipu), 4000 km + range (new, unknown number in service); the M-11, 300 km range (new, unknown number in service); the Hatf-VIII (also called Ra`ad), an air launched cruise missile (new, unknown number in service); the Hatf-VII (also called Babur), a naval submarine launched and surface launched and ground launched cruise missile, 700 km range (up to 1,000 in service); the Hatf-VI (also called the Shaheen-II), 2500 km + range (over 200 in service); the Hatf-VA (also called the Ghauri-II), 2400 km + range (over 100 in service); the Hatf-V (Ghauri-I), up to 1500 km range (approximately 300 in service); the Hatf-VI (Shaheen-I), 750 km range (150 or so in service) the Hatf-III (Ghaznavi), 290 km range (100+ in service); Hatf-I and IA, up to 100 km range (over 100 in service).
The Pakistani Air Force has the following aircraft types capable of delivering nuclear warheads, as well as a full range of NBC/advanced conventional/conventional weapons: The Chinese A-5s, JF-17s (FC-1), J-10s; the French Mirage IIIs and Vs; the American F-16s.
India`s first nuclear weapons test occurred on May 18, 1974. Numbers of actual Indian nuclear weapons vary but assembled weapons are thought to be in the low hundreds with India having perhaps 4200 kg of reactor grade plutonium - enough to build 1000 additional nuclear weapons.
The Indian strategic delivery systems are extensive and include land based IRBMs and cruise missiles (with true ICBMs under development), sea based surface and submarine launched cruise missiles and naval air launched weapons from Indian aircraft carriers, and air launched missiles and bombs.
Indian ballistic missiles include: Prithvi I, Army version with 150 km range and in-flight maneuvering capabilities; Prithvi II, Air Force version with 250 km range; Prithvi III Navy version with 350 km range; the Agni missile family (Agni I, II, III, IISL and the coming V ICBM version) with ranges up to 5000 km. The Agni family of missiles have demonstrated an advanced maneuvering warhead (endo-atmospheric evasive maneuvers, terminal guidance reentry vehicles).
Indian cruse missiles include the: Russian 3M-54 Klub, 250-300 km range with subsonic to Mach 2.9 speeds,; the Israeli Popeye, the Russian P-70 Ametist; the very dangerous Russian Moskit (also called Sunburn). Additionally, the Indian Akash air defense SAM can use nuclear warheads.
The Indian Navy is one of the most powerful navies on earth with nuclear submarines, aircraft carriers and a wide assortment of quality surface and subsurface vessels.
India is one of only four nations (including the USA, Russia, and China) still flying long range nuclear strategic bombers with 17 in service including the Tupolev Tu-142 (naval version of the Tu-95 Bear bomber), the Tupolev Tu-22M3 "Backfire", and the II-38. Fighter jets capable of nuclear missions include the advanced Russian Sukhoi Su-30MKI, the Mig-27M, the Mig-29 and Mig-29K (Indian Naval version), the French Dassault Mirage 2000, the French-British Jaguar, and the Indian HAL Tejas.
Global Effects of a regional India-Pakistan War: A nuclear war involving the use of only 50 Hiroshima-sized weapons could cause a "Nuclear Winter" over large areas of North America and Eurasia with catastrophic climatic effects for years. The `Proceedings of the National Academy of Science` in 2008 published a study that found a war including a nuclear exchange between India and Pakistan could create a near-global ozone hole with column ozone losses at over 20% globally, 25-45% at mid-latitudes and 50-70% at northern high latitudes persisting for five years with continuing substantial losses for five additional years.
...
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I fully agree with you after long a voice of reason and commonsense
FOR ALL THE SOFA-RAMBOS WHO ADVOCATE WAR heres something to think about 3w.rensedotcom/general84/dangrr.htm
The author ofthis article is an american worried about the effects of war ON AMERICA ANDTHE WORLD AT LARGE IF HEIS WORRIED IMAGINE OUR PLIGHT
Ill post the article sperately as its large
...
In reply to:
ISI plans `Islamic Republic of Pakistan` by 2020 in India
Posted by : tally
The absurd thinking can only emanate from semi illiterate fundamentalist groups. It is possible that to motivate such group of people ISI HAS FLOATED THIS IDEA. We must understand that Pakistan suffers from many diabolic complexities. We may sum up as follows:-
1) It lacks strategic depth and thinking.
2)There has been a power struggle between civilians and military thereby preventing the leadership from assessing national aims to improve its economy from long term basis. It has survived on help from USA, but as and when the interest divergence takes place, Pakistan will suffer greatly. Many right thinking Pakistanis have understood and articulated the co-existence in peace and harmony.
3)India has gone far ahead of Pakistan in almost every field and it will remain a pipe dream of Pakistani strategists to destabilize India . Yes IT MAY HELP PAK MILITARY ESTABLISHMENT IN POWER-POLITICS.
4) Fundamentalist / Terrorist groups are causing some damage not only in India or some other parts of the world but are harming PAKISTAN TO A VERY GREAT DEGREE.
5) Hot head Hindu groups want war more to avenge their shame of Muslim rule than for any strategic reasons. Also they have a limited world view, which prevents them from understanding or they are also indulging in game of power-politics.
To SUM UP, PAKISTAN LACKS STRATEGIC APPROACH to deal with situation and if not be able to contain terrorist groups; its survival will be in great jeopardy. India just needs to keep mounting international pressure, keep threat of military action alive and beef up internal security. Hindu fundamentalist groups should be sidelined. This MUST NOT BE CONSTRUED AS IF I AM PER SE AGAINST BJP, But against the undue influence of extreme Hindu groups detriment to Indian interests. AS a matter of fact I have reasonable confidence in top rug leadership of BJP. Let people decide in next elections. ALSO LET US INDULGE IN STRONG NATIONAL BUILDING AND FORGET ABOUT RELIGIOUS BIGOTRY. Pakistan will pay heavy price if it is unable to take corrective action.
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Can you be anywhere near in the near future? Doubt....
In reply to:
jackeshmurpana
how much i will wait to see the sensex @ 21000 is near term or it will be long term
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The absurd thinking can only emanate from semi illiterate fundamentalist groups. It is possible that to motivate such group of people ISI HAS FLOATED THIS IDEA. We must understand that Pakistan suffers from many diabolic complexities. We may sum up as follows:-
1) It lacks strategic depth and thinking.
2)There has been a power struggle between civilians and military thereby preventing the leadership from assessing national aims to improve its economy from long term basis. It has survived on help from USA, but as and when the interest divergence takes place, Pakistan will suffer greatly. Many right thinking Pakistanis have understood and articulated the co-existence in peace and harmony.
3)India has gone far ahead of Pakistan in almost every field and it will remain a pipe dream of Pakistani strategists to destabilize India . Yes IT MAY HELP PAK MILITARY ESTABLISHMENT IN POWER-POLITICS.
4) Fundamentalist / Terrorist groups are causing some damage not only in India or some other parts of the world but are harming PAKISTAN TO A VERY GREAT DEGREE.
5) Hot head Hindu groups want war more to avenge their shame of Muslim rule than for any strategic reasons. Also they have a limited world view, which prevents them from understanding or they are also indulging in game of power-politics.
To SUM UP, PAKISTAN LACKS STRATEGIC APPROACH to deal with situation and if not be able to contain terrorist groups; its survival will be in great jeopardy. India just needs to keep mounting international pressure, keep threat of military action alive and beef up internal security. Hindu fundamentalist groups should be sidelined. This MUST NOT BE CONSTRUED AS IF I AM PER SE AGAINST BJP, But against the undue influence of extreme Hindu groups detriment to Indian interests. AS a matter of fact I have reasonable confidence in top rug leadership of BJP. Let people decide in next elections. ALSO LET US INDULGE IN STRONG NATIONAL BUILDING AND FORGET ABOUT RELIGIOUS BIGOTRY. Pakistan will pay heavy price if it is unable to take corrective action.
...
In reply to:
ISI plans `Islamic Republic of Pakistan` by 2020 in India
Posted by :
morningdew
New Delhi, Jan.6 (ANI): Pakistan`s Inter-Services Intelligence (ISI) apparently has plans to destabilize India by influencing developmentsin the north and west of the country, particularly in Mumbai, as part of its multi-pronged strategy.
Terrorists arrested in Jammu have made these revelations.
According to an article published in the latest issue of the Power Politics magazine, the ISI has circulated two maps to the Pakistan Army to boost troop morale by giving them a target to destabilize India by 2020.
One of the maps targets North India, and projects a desire to convert that region into `Islamic Republic of Pakistan` by 2020. It mentions South India as disputed territory and treats Bangladesh, Sri Lanka and Nepal as its neighbouring countries. he other map indicates a drastic change of Mumbai`s topography, turning the metropolis into `Muslimabad` by 2012.
The magazine carries the photographs of Jaish-e-Mohammad (JeM) activist Ghulam Fareed, identified as Pakistani soldier, (Belt No 4319184, 10 Azad Kashmir Regiment) from Ruperi village in Pakistan-occupied Kashmir`s (PoK`s) Bhimber district and the other two--Mohammad Abdullah from North-West Frontier Province (NWFP) and Mohammad Imran from Dera Nawab in Pakistan`s Punjab--belonged to Harkat-ul-Jehad (HuD) terrorists group. They travelled from Karachi to Dhaka to enter India from Kolkata and they landed at Jammu from there.
The write up further states that according to the plan, ISI has been attempting to place India under seige both from the sea and land routes simultaneously.
Pakistan has moved its army to forward areas in Lahore strengthening international border and LOC with India to protect its vital installations.
The article, written by a Kashmir expert, carries both maps to substantiate the revelations. (ANI)
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K.N.Pillai16968-Yes indeed!!...
In reply to:
Omar Abdullah sworn in as J-K Chief Minister
Posted by : K.N.Pillai16968
Third generation Abdulla has taken charge. Let us see if there is any change in the situation in the State of Jammu and Kashmir. The problem is hanging in Kashmir from his grandfather`s time and probably he is also one responsible for the situation in Kashmir today along th great-grandfather of Rahulgandhi.
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Congress is planning to organize kabbadi events in Gujarat to give a fillip to its sagging popularity in Gujarat. Only a month back i had prayed that there should be events and entertainment focussing political parties and the demerits of each candidate in the party so the rural folk can make an informed decision while voting. See already something has begun on the lines but from a political party itself.. lol.. now it has just set a trend and we dont know how the fever is going to catch on, but sure it will to keep the rural folks aware of the parties and their shrotcomings as well as mertis. Way to go.. all my prayers for my country being answered one by one. Thanks be to Krsna!...
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jackeshmurpana-Maybe another five years!!
...
In reply to:
jackeshmurpana
how much i will wait to see the sensex @ 21000 is near term or it will be long term
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Maytas Infra Limited, a leading construction and infrastructure Development Company announced that the Southern Railway has entrusted the Company with a project worth Rs. 110 crores for doubling the BG (Broad Gauge) track between Chengalpattu to Villupuram...
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Guest-Yes chinese is good!!...
In reply to:
US pressurises Pak, India looks for Chinese help
Posted by : Guest
chinese mediation OR meditations.slanted vision for india.paks tru friends.
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Hey morningdew...I also feel if this soft natured UPA continues till 2020...the goal of pakistan`s ISI will be achieved.On the other hand if there is NDA rule there won`t be any pakistan in the world map..I mean pakistan will become India if NDA regime comes to power.....ROFL...
In reply to:
ISI plans `Islamic Republic of Pakistan` by 2020 in India
Posted by : morningdew
New Delhi, Jan.6 (ANI): Pakistan`s Inter-Services Intelligence (ISI) apparently has plans to destabilize India by influencing developmentsin the north and west of the country, particularly in Mumbai, as part of its multi-pronged strategy.
Terrorists arrested in Jammu have made these revelations.
According to an article published in the latest issue of the Power Politics magazine, the ISI has circulated two maps to the Pakistan Army to boost troop morale by giving them a target to destabilize India by 2020.
One of the maps targets North India, and projects a desire to convert that region into `Islamic Republic of Pakistan` by 2020. It mentions South India as disputed territory and treats Bangladesh, Sri Lanka and Nepal as its neighbouring countries. he other map indicates a drastic change of Mumbai`s topography, turning the metropolis into `Muslimabad` by 2012.
The magazine carries the photographs of Jaish-e-Mohammad (JeM) activist Ghulam Fareed, identified as Pakistani soldier, (Belt No 4319184, 10 Azad Kashmir Regiment) from Ruperi village in Pakistan-occupied Kashmir`s (PoK`s) Bhimber district and the other two--Mohammad Abdullah from North-West Frontier Province (NWFP) and Mohammad Imran from Dera Nawab in Pakistan`s Punjab--belonged to Harkat-ul-Jehad (HuD) terrorists group. They travelled from Karachi to Dhaka to enter India from Kolkata and they landed at Jammu from there.
The write up further states that according to the plan, ISI has been attempting to place India under seige both from the sea and land routes simultaneously.
Pakistan has moved its army to forward areas in Lahore strengthening international border and LOC with India to protect its vital installations.
The article, written by a Kashmir expert, carries both maps to substantiate the revelations. (ANI)
Tracked by: 0 Boarder
New Delhi, Jan.6 (ANI): Pakistan`s Inter-Services Intelligence (ISI) apparently has plans to destabilize India by influencing developmentsin the north and west of the country, particularly in Mumbai, as part of its multi-pronged strategy.
Terrorists arrested in Jammu have made these revelations.
According to an article published in the latest issue of the Power Politics magazine, the ISI has circulated two maps to the Pakistan Army to boost troop morale by giving them a target to destabilize India by 2020.
One of the maps targets North India, and projects a desire to convert that region into `Islamic Republic of Pakistan` by 2020. It mentions South India as disputed territory and treats Bangladesh, Sri Lanka and Nepal as its neighbouring countries. he other map indicates a drastic change of Mumbai`s topography, turning the metropolis into `Muslimabad` by 2012.
The magazine carries the photographs of Jaish-e-Mohammad (JeM) activist Ghulam Fareed, identified as Pakistani soldier, (Belt No 4319184, 10 Azad Kashmir Regiment) from Ruperi village in Pakistan-occupied Kashmir`s (PoK`s) Bhimber district and the other two--Mohammad Abdullah from North-West Frontier Province (NWFP) and Mohammad Imran from Dera Nawab in Pakistan`s Punjab--belonged to Harkat-ul-Jehad (HuD) terrorists group. They travelled from Karachi to Dhaka to enter India from Kolkata and they landed at Jammu from there.
The write up further states that according to the plan, ISI has been attempting to place India under seige both from the sea and land routes simultaneously.
Pakistan has moved its army to forward areas in Lahore strengthening international border and LOC with India to protect its vital installations.
The article, written by a Kashmir expert, carries both maps to substantiate the revelations. (ANI)...
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chinese mediation OR meditations.slanted vision for india.paks tru friends....
In reply to:
US pressurises Pak, India looks for Chinese help
Posted by : chief_kamani
indianstock-Thanks to FBI and CIA for providing the proof!!
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