Day: October 24, 2012

MNS:- Over 80 Indian Exhibitors, Senior Government & Business Delegation Apart From Cultural Performance & Food Festival in an Effort to Build “Brand India” in China
Ministry of Commerce & Industry, Government of India in association with the Confederation of Indian Industry (CII) and the Embassy of India, Beijing is organizing the “India Show” concurrently with 6th China International Auto parts Expo from 26-28 October, 2012 in Beijing.
The event is supported by the India Brand Equity Foundation (IBEF), Auto Component Manufacturers’ Association (ACMA) of India, China Chamber of Commerce for Import and Export for Machinery and Electronic Products (CCCME), Trade Development Bureau of Ministry of Commerce of the People`s Republic of China and Genertec.
“India Show” in Beijing assumes greater significance in the context of enhanced economic and strategic cooperation between the two nations. The Show would set the tone for strengthening the bilateral economic and trade cooperation between the two countries. The event is organized during this year which has been announced as the “Year of India-China Friendship and Cooperation”, pledging to push the Sino-Indian strategic cooperative partnership to a new level.
As part of India Show, CII will be leading a high-powered 19 member CEOs/ Business delegation led by Mr S Gopalakrishnan, President Designate CII & Executive Co-Chairman Infosys Technologies Ltd from 25-26 October 2012. During their visit, the delegation will call on senior Chinese Government leaders and discuss on new areas for collaboration for enhancing trade and investment between the two countries. In 2011, bilateral trade stood at around $74 billion and the leaders from both the countries have set a trade target of $100 billion by 2015.
More than 80 companies are participating in the three day exhibition. The India Pavilion will showcase the wide variety of top class Indian auto parts relating to engine, body and chassis systems, high technology equipment and parts, innovative hybrid energy parts etc along with maintenance and tuning equipment and general components. The Expo will be a platform to explore multiple collaboration opportunities and share the progressive and future-ready component industry of India.
India’s presence in China has also increased over the years. However, for a synergistic bilateral economic engagement, there is need for Indian companies to tap the opportunities in the Chinese market more closely and to take advantage of its environment. Similarly, with Chinese automobile companies expressing keen interest in Indian market, this show will provide an opportunity for them to explore new collaboration opportunities with the leading Indian auto parts companies in the development of their supply chain.
CII is also organizing the India China Business Seminar on 26th October 2012 coinciding with the inauguration of India Show. Leading Indian companies like Tata, Aditya Birla, Reliance Industries, Infosys, Mahindra, Larsen & Toubro, NIIT etc will be participating and will provide a good opportunity for the local companies to interact with them and explore new areas of cooperation.
During the inaugural session, the CII – Embassy of India, Beijing book on “Retracing the Path to Prosperity – Lessons from India-China Business Partnership” will be released which will showcase the contributions by Indian companies invested in China. The book will also be a good reference for the potential investors to understand the strategies adopted by the successful Indian Corporates in China.
Further, as part of the “India Show” an Indian wine festival is being organized by Agricultural & Processed Food Products Export Development Authority (APEDA) and an Indian Cultural and Dance Performance by Indian Council for Cultural Relations (ICCR).
The Ministry of Commerce & Industry, Government of India and CII attaches great importance to this show in enhancing the ties between two emerging economies and also in building “Brand India” in China.

Read more / Original news source: http://manipur-mail.com/india-show-to-showcase-the-recent-developments-in-indian-auto-component-industry/

MNS:-
• The Government has planned End-to-end Computerization of Targeted Public Distribution System (TPDS) to make its reach more effective and beneficiaries friendly with an outlay of Rs. 884.07 crore .
• This plan consists of Digitization of rations cards/beneficiary and other databases, Computerization of Supply-Chain Management, setting up of Transparency Portal and Grievance Redressal Mechanisms. Digitisation of beneficiary database and computerization of supply-chain are expected to be implemented by March, 2013 and October, 2013 respectively.
• Digitisation of beneficiary database will help in weeding out the bogus ration cards and better targeting of subsidies.
• With computerization of supply-chain, the movement of foodgrains upto FPS level can be tracked and the problem of leakage and diversion can be addressed.
• Facilities of SMS, e-mails, toll free numbers will be used to inform the beneficiary about the availability of the TPDS supplies in the Fair Price Shop, which will ensure timely and transparent distribution of foodgrains to beneficiaries as per their entitlement.
• Transparency portal and social audit will further strengthen the functioning of FPSs and ensure accountability at various levels. Beneficiaries will also be able to register their grievances through toll free numbers and seek its resolution.
• Shares of Government of India and State Governments in the cost are estimated at Rs. 489.37 crore and Rs. 394.70 crore respectively. The pattern of cost sharing between Centre and States would be on 90:10 for the North-eastern States, whereas for other States/UTs, cost is to be shared equally.

Read more / Original news source: http://manipur-mail.com/end-to-end-computerization-of-targeted-public-distribution-system/