India e-Newsletter January 2012 by ambndia

ISSUE NO. 1 ; Vol. XXIX

Website: http://www.indembassysuriname.com/

January 2012

India Celebrates its 63rd Republic Day News about India Report: Padma Awards announced. Economy & Investment

Doing Business with India – Sectoral Profile – Tourism

Feature: Indian Steel The Story of the Growth

ICC Events News in Hindi Trade Enquiries Bharat Darshan

अंतरा ीय व ान सूची म सात भारतीय सात भारतीय अमे रक 'इं टरनेशनल साइं स टे ल ट सच ' क 40 अंितम उ!मीदवार# क सूची म ःथान हािसल करने म कामयाब रहे ह( । ये सभी माच मह*ने म वािशंगटन म एकऽ ह#गे और 630,000 डॉलर मू3य के पुरःकार# के िलए ूितःपधा म भाग ल गे। इसम शीष वजेता को इं टेल फाउं डे शन क ओर से एक लाख अमे रक डॉलर का पुरःकार िमलेगा। इस सूची म दो अमे रक भारतीय कैिलफोिन या के सौरभ शरन तथा सयोनी साहा, िमिशगन से िस@ाथ गौतम जेना और िनितन रे Aड* तु!मा, Bलो रडा से नील एस पटे ल, इं Cडयाना से अिनD@ ूभु और Eयूयॉक से नील कमलेश शािमल ह( ।

A proud moment for India as it celebrated its 63 Republic Day on 26 January. The main highlights of this year’s parade were the military skills with superb parade performance, sparkling display of air power. The parade ceremony commenced at the Amar Jawan Jyoti at India Gate where the Prime Minister Dr Manmohan Singh paid homage to the martyrs. After unfurling of the National Flag, the National Anthem was played, with the parade commanded by Lt General Vijay Kumar Pillai, General Officer Commanding, Delhi Area and Major General Rajbir Singh, Chief of Staff, Delhi Area who is Second-in-Command. The guest of honour this time was Thailand’s first woman Prime Minister Yinluck Shinawatra. Indian Army display: The weaponry showcased includes T-72 tank, Carrier Mortar Tracked, SMERCH Multiple Launch Rocket System, Pinaka Multi Barrel Rocket System, Full Width Mine Plough, NBC Water Purification Systems and Jammer Station VHF/UHF. The tableaux from 23 states and Central Ministries and Departments presented The Chief Guest of Republic Day the Prime Minister of the the different historical, architectural and Kingdom of Thailand, Ms. Yingluck Shinawatra and the cultural heritage of India. President, Smt. Pratibha Devisingh Patil welcome the invitees The parade also had a spectacular flypast ‘At Home` reception, hosted by the President, on the occasion of by the IAF, with the C-130J Super the 63rd Republic Day celebrations, at Rashtrapati Bhavan, in Hercules aircraft participating in the New Delhi on January 26, 2012. Parade for the first time, led by a Vic formation of three Mi-35 helicopters, followed by 3 Super Hercules again in a Vic formation. Nineteen of the 24 children chosen for the National Bravery Award 2009 took part in the parade. The ceremony ended successfully with the National Anthem and release of balloons with the sky looking wonderful. President Pratibha Patil addressed the nation on the eve of Republic Day and even made a veiled mention to the Lokpal Debate that enraged on during the Winter Session of Parliament. Overall, the 63 Republic Day showcased country’s progress in different fields very beautifully.

State Visit of Prime Minister of Thailand Yingluck Shinawatra to India H.E. Ms. Yingluck Shinawatra, Prime Minister of Thailand, paid a State visit to India from January 24-26, 2012 as the Chief Guest for India's Republic Day celebrations. On her first visit to India, at the invitation of Prime Minister Dr. Manmohan Singh, she was accompanied by the Deputy Prime Minister and Minister of Finance, Ministers of Foreign Affairs, Defence, Commerce, Industry and Information & Communication Technology; senior government officials, and a business delegation. During the visit, PM Shinawatra called on Smt. Pratibha Devisingh Patil, the President of India, and Shri Hamid Ansari, the Vice-President of India. She also held talks with Dr. Manmohan Singh, who hosted a banquet in her honour. Shri S.M. Krishna, External Affairs Minister called on the Thai PM. PM Shinawatra also attended a business luncheon hosted by (CII/FICCI/ASSOCHAM) chambers of commerce. The two Prime Ministers held wide-ranging discussions on bilateral, regional and multilateral issues, and reviewed the outcome of the 6th Joint Commission Meeting held in New Delhi on December 27, 2011 co-chaired by the Minister of External Affairs of India and the Minister of Foreign Affairs of Thailand. The following agreements were signed during the visit: (1) Treaty on Transfer of Sentenced Persons (2) Memorandum of Understanding on Defence Cooperation (3) The 2nd Protocol to amend the Framework Agreement for Establishing Free Trade Area between Thailand and India

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'Padma' Awards 2012 Announced

(4) Programme of Cooperation in Science & Technology (5) Cultural Exchange Programme for 2012-14 (6) MoU between Chulalongkorn University and ICCR for setting up a Chair at the India Studies Centre of the University. A Joint Statement was issued by India and Thailand on the State Visit of Prime Minister of Thailand Yingluck Shinawatra to India

10 Indians among Forbes's 'tomorrow's brightest stars' A total of 109 distinguished names from the field of art, social work, science and engineering, public affairs, trade and industry, medicine, sports, civil service, literature and education and many more has been included in this year's 'Padma' awardee list which was approved by the President of India on the eve of Republic Day. The 'Padma' awards are categorised into three â&#x20AC;&#x201C; the Padma Vibhushan for exceptional and distinguished service, Padma Bhushan for distinguished service of higher order and Padma Shri for distinguished career in any field. Of the 109 names announced, 5 of them won the Padma Vibhushan awards, including the late legendary musician from Assam, Bhupen Hazarike, 27 won the Padma Bhushan, including film actors Shabhana

Ten Indians rub shoulders with the likes of Facebook founder Mark Zuckerberg, human rights activist Ronan Farrow and pop stars Lady Gaga and Justin Bieber in a Forbes list of "tomorrow's brightest stars". The US business magazine's '30 under 30' list profiles about 360 young "ultra impressive up-and-comers" that the companies should either "hire today" or would be working for them in the future as they are the young people of today "who matter". Among the Indians on the list of people from 12 diverse fields, including energy, finance, media, law, entertainment, science, design and technology, who are "reinventing the world" is Kunal Shah, at 29, the youngest managing director at Goldman Sachs. Also on the list is Param Jaggi, 17, an "award-winning high schooler" at Austin College, who created an algaefilled device that fits over a car's tailpipe and turns carbon dioxide into oxygen. Vivek Nair, 23, chief executive of Damascus Fortune, is developing a technology that transforms industrial carbon emissions into carbon nanotubes. Vikas Mohindra, 25, financial advisor at the Bank of America Merrill Lynch gathered $38 million in three years from scratch, while Manvir Nijhar, 28, co-head of European Equity Derivatives Sales at Citigroup, gave "Citi's derivatives business a jolt." Raj Krishnan, 29, chief executive of Biological Dynamics is developing blood tests that use electric fields to detect key signals that a patient has cancer from the blood. Sidhant Gupta, 27, a graduate student at the University of Washington, is developing new sensors and software for the home that conserve electricity, heat and gas. Nikhil Arora, 24, co-found a business that sells 'grow-your-own-mushroom' kits using one million pounds of recycled coffee grounds and Maneet Ahuja, 27, a producer at CNBC and a Hedge fund expert has been on Wall Street since she was 17.

Azmi, Dharmendra, Director Mira Nair and N Vittal of Kerala Civil Services and 77 Padma Shri awards which include Priyadarshan and Dr. J Hareendran Nair, Director of Pankaja Kasturi, Trivandrum. There are 19 ladies among the awardees.

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Tax info exchange pact with Cayman Islands operationalised The Hindu Business Line: India can now seek banking related information from Cayman Islands for tax administration purposes. This is possible with the tax information exchange agreement (TIEA) entered with that jurisdiction becoming operational. The Centre has directed the income-tax department to immediately give effect to all the provisions of the TIEA entered with Cayman Islands, which is better known as a tax haven. For this purpose, an executive order has been issued by the income-tax department in the last week of December, official sources said. India had signed a TIEA with Cayman Islands in March last year. This agreement had come into force in November 2011. So far TIEAs have been signed with seven jurisdictions – Bahamas, Bermuda, British Virgin Islands, Isle of Man, Cayman Islands, Jersey and Liberia. All the pacts except those with Liberia and Jersey have come into force. India has also embarked on the process of renegotiating its existing double tax avoidance agreement (DTAA), with special focus on having clauses for exchange of banking information. Currently, India has DTAAs with 81 countries. As many as 75 of the 81 DTAAs do not have specific paragraph for exchange of banking information. All these 75 DTAAs have been picked up for renegotiation. The Finance Ministry is confident that the spate of TIEAs entered into by India and the DTAAs being renegotiated will pay rich dividends (higher revenue mop up) in the next five years through efficient exchange of information.

Moody's upgrades India's short-term foreign currency rating The Hindu Business Line: January 10, 2012 New Delhi: Moody's has upgraded its credit rating on short-term deposits in foreign currency from speculative to investment grade. Such an upgrade will help banks to attract foreign currency deposits. The upgrade is in line with the rating revision in three other instruments, which were all placed in a higher category by the rating agency on December 20. According to the India's external debt position, short-term external liabilities for commercial banks have come down from $860 million to $763 million as of end September 2011. This amount was $898 million at the end of March 2011. The numbers highlight the increased withdrawals from foreign currency accounts. 'Not prime' to 'P3' A Finance Ministry statement said that the short-term country ceiling on foreign currency bank deposits has been increased from ‘Not Prime (NP)' to ‘P-3'. P-3 denotes prime and such a rating indicates acceptable ability to repay short-term obligations. Short-term here means deposits with maturities up to one year.Moody's had last month upgraded the ratings on long-term government bonds denominated in domestic currency from ‘Ba1' to ‘Baa3', or from speculative to investment grade. esides, the long-term country ceiling on the foreign currency bank deposits was also upgraded from ‘Ba1' to ‘Baa3'. Sound fundamentals Reacting to the developments, Mr Thomas Mathew, Joint Secretary in the Capital Market Division of the Finance Ministry, said: “When others assess us as good, it is our responsibility to see what is good for us. We should universally celebrate what the rating agency has done and aim to go further.” He also said that the Department of Economic Affairs (DEA) will continue to engage rating agencies on a regular basis to impress upon them the long-term structural strengths and sound fundamentals of the Indian economy. Currently, six sovereign ratings agencies — Standard & Poor's, Moody's, DBRS, Fitch, Japanese Credit Rating Agency, and the Rating and Investment Information Inc — assign ratings to India.

India's economic growth to remain robust: UN report The Hindu Business Line: New Delhi: India's economic growth is expected to remain robust in 2012 and 2013, despite likely headwind of double-dip recessions in Europe and the US. This has been highlighted in the World Economic Situation and Prospects 2012, the United Nations' annual economic report released today. Indian economy is expected to grow by between 7.7 per cent and 7.9 per cent this year, the report said. South Asia's economies are expected to grow by 6.7 per cent this year and 6.9 per cent next year, accelerating slightly from 6.5 per cent last year. Robust domestic demand will sustain this increase (in South Asia), but the economic slowdown in India, where growth declined from 9 per cent in 2010 to about 7.6 per cent last year, brings down the regional average, the report said. South Asia comprises India, Pakistan, Nepal, Iran, Bangladesh and Sri Lanka. On Inflation Among the major developing countries, growth in India and China is expected to remain robust. Brazil and México are expected to suffer a more visible economic slowdown. The UN report expects inflation in most developing countries to decelerate this year, along with an anticipated moderation in global commodity prices and lower global growth. Fiscal Deficit On fiscal deficit, the report said that the Indian Government is unlikely to achieve its fiscal deficit target of 4.7 per cent of the gross domestic product for 2011-12 as lower growth has brought down tax revenues and disinvestment in state-owned entities has been put on hold. On the global economic prospects for 2012 and 2013, the report noted that the world economy is on the brink of another major downturn and anaemic growth is expected during 2012 and 2013.

Pharma retail market grows 15% in 2011 The Times of India: Mumbai: Domestic pharma retail market clocked a robust 15% growth during 2011, mainly driven by therapies like anti-diabetic, vitamin, anti-infectives and dermatology. The pharma sector continued to show its resilience amid slowdown concerns in the economy with December posting a strong growth, with antiinfectives back in favour during the month. The domestic pharma retail reached a new milestone by recording overall sales of Rs 60,000 crore for the year 2011. The pharma market grew at 15.7% during December, with growth in key therapy areas, including anti-diabetics, derma and vitamins outperformed the market, data compiled by market research firm AIOCD (All India Organization of Chemists and Druggists) said. While the growth in anti-infectives and pain and analgesics at 11% and 12.1%, respectively, grew slower than the market during the month. During December 2011, the companies that reported a strong year-on-year growth significantly above the pharma market include Glenmark (35.3%), Sun Pharma (27.5%), Pfizer (27.9%) and IPCA Laboratories (21.6%). While Sun has grown more consistently due to its large presence in the chronic segment, Glenmark and Ranbaxy have seen bouts of high and low growth due to larger acute dependence, experts say. The laggards for the month include Ranbaxy (5.1%), Zydus Cadila (9.8%), Dr Reddy's (11.0%) and Cipla (13.6%), an analyst from Nomura stated. Also, during December, Sun remains the fastest growing company in the top 10, and Macleod's clocked growth in range of 40% level. The top pecking order in terms of market share was led by multinational Abbott (6.11%), and followed by Cipla (5.14%) and GlaxoSmithKline (4.86%) at the second and third slots during the month. Sun Pharma was ranked fourth with a 4.79% share, and Ranbaxy fifth, clocking a 4.34% market share.

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Made-in-India coffees are 'instant' hit abroad The Hindu Business Line: Coffee by any other name tastes just as good. That's why recession-hit Russians and East Europeans are buying cheap local brands rather than expensive global ones. India's instant coffee exports have surged, almost doubling in the past three years. Besides Russia, the exports have grown to the SouthEast Asia and the US. Russia is the largest market and accounts for a third of Indian instant coffee exports. Indian coffee is sold in bulk mainly to private labellers in Russia and Eastern Europe. India's instant coffee exports to Russia have close to doubled in the past three years, whereas to the US they have more than trebled. Major exporters Companies such as CCL Products (India) Ltd and Tata Coffee Ltd are major exporters of the instant variety to these countries. For January-December 2011, the export of instant coffees reached an all-time high, but fell marginally short of the 100,000-tonne mark. Total coffee exports registered a 20 per cent growth in quantum to 3.46 lakh tonnes in calendar 2011 over 2010. In dollar terms the exports were up by 65 per cent at $1.05 billion. Re-exports Indian firms import a lot of low priced raw coffees, mainly the Robusta variety from Vietnam and East Africa to re-export them after converting them into instant coffees. The import of raw coffee for re-exports has shown a 18 per cent growth in 2011 at 53,440 tonnes over the previous year. Besides, recent capacity addition by NKG Jayanti and Vayhan Coffee has aided the exports, Mr Rajah added.

Manufacturing rises to 6 month high in December The Economic Times: Manufacturing activity climbed to a six-month high in December as new orders rose, reinforcing signs of industrial revival. The HSBC Markit India Manufacturing Purchasing Managers' Index rose to 54.2 from 51.0 in November, the highest level since June and the sharpest monthly rise since April 2009, according to data released on Monday. A reading below 50 indicates contraction. It was 52 in October and 50.4 in September. The rebound in manufacturing follows core sector numbers last week that hinted at a pick-up in industrial growth. The index for eight core sector industries, which have a combined weight of 38% in the index of industrial production ( IIP), expanded 6.5% in November. "Activity in the manufacturing sector rebounded in December, led by higher demand from both domestic and foreign clients, suggesting that the momentum in the sector is not quite as weak as official and more dated IP (industrial production) data would suggest," said Leif Eskesen, economist at HSBC. A 5.1% contraction in industrial growth in October had triggered a slew of downgrades in GDP growth estimates, with some even forecasting below-7% growth. The positive PMI data aided the benchmark stock index in its 0.4% rise but failed to enthuse independent economists. "The overall manufacturing picture looks gloomy and one can't expect any major improvements in the coming three months," Institute of Economic Growth professor Pradeep Agrawal said, adding that only after state elections can one expect recovery-boosting policy reforms. Biswajit Dhar, director-general of RIS, a think-tank, said, "It is definitely good news as far as signals to market sentiments are concerned, so one can't dismiss it, but don't expect much effect on overall growth (GDP) performance." The PMI is calculated using data from a questionnaire-based survey of purchasing executives in over 500 manufacturing companies. The survey is not always an accurate gauge of manufacturing because of the presence of a large unorganised sector. Greater input purchases by companies would suggest a rise in production. The managers surveyed said higher purchases were primarily due to rise in new orders, both domestic and international. The new orders index rose to 57.9 from 52.8 in November, biggest jump in two years. The survey showed rising input costs, which the companies were able to pass on because of the still robust demand. "The solid demand from clients allowed manufacturing companies to increase output prices at an accelerated pace to pass on rising costs... All in all, these numbers suggest it's premature for the RBI to replace inflation with growth as the main concern," Eskesen said. The Reserve Bank of India (RBI) has indicated it will cut policy rates if inflation moderates. The central bank has lifted repo rate 13 times since March 2010 by 3.75 percentage points to 8.5%. The steep climb in interest rates has hit heavily leveraged companies hard and dampened demand in rate sensitive sectors such as real estate and automobiles.

Govt investing $20 b in creating information highway, says Pitroda The Hindu Business Line: New Delhi: The Government is investing $20 billion in projects related to creating information highway, according to Mr Sam Pitroda, Advisor to the Prime Minister on Public Infrastructure, Information and Innovations. This includes $3 billion for setting up the knowledge network and another $6 billion for the National Optic Fibre Cable Network. “India is at cusp of the next big revolution in the telecom sector, that of broadband. The Government is creating the platform that will enable this revolution,” Mr Pitroda said, while addressing a conference on encouraging indigenous manufacturing organised by C-DOT. He added that projects such as the UIDAI will add to this information highway. Mr Pitroda said that the Indian telecom equipment manufacturers had the opportunity to go global by focussing on new technology areas. “Indian manufacturers should look at 5G now since the opportunity in 4G is gone,” he said. Mr V.V.R. Sastry, Executive Director, said that C-DOT has the competencies and the technologies to give greater support to indigenous R&D and manufacturing in telecom sector. The PSU has entered into an agreement with seven manufacturing companies for transferring indigenously designed and developed high speed broadband technology. The technology, Gigabit Passive Optical Network (GPON), is being transferred to Indian Telephone Industries Ltd, Bharat Electronics Ltd, VMC Systems Ltd, United Telecoms Ltd, Sai InfoSystem (India) Ltd, and S M Creative Electronics Ltd. In addition, an agreement has also been signed with Tejas Networks Ltd for customised development and Electronics Corporation of India Ltd is in the advance stage of agreement. The GPON technology is used for broadband connectivity over optical fibre. C-DOT has indigenously designed and developed GPON technology, which can be used to provide triple play (voice, video and data) through fibre-based networks. The present GPON standards specify 2.5 Gbps (Gigabit per Second) downstream and 1.25 Gbps upstream data capability to customer premise.

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TOURISM Overview Tourism has played a pivotal in social progress. It is also an important vehicle in widening socioeconomic and cultural contacts. A wide array of interests-entertainment, sports, religion, culture, adventure, education, health and business-drives tourism. Tourist expenditure generates multiple effects with extensive outreach along its value chain. Adding to the demand for a variety of goods and services, tourism offers potential to exploit synergies across a large number of sectors such as agriculture, horticulture, poultry, handicrafts, transport, construction etc., where growth of income has favourable impact on poverty alleviation. Tourism facilitates business contacts, widens markets and helps diffusion of growth impulses across territories to promote broad based employment and income generation. Investment in tourist infrastructure adds to economic growth, catalyses generation of income and employment, which in turn, leads to further growth in demand for tourism and stimulates subsequent rounds of investment in a virtuous circle. Statistics of Growth

In the year 2010, the tourism sector witnessed substantial growth as compared to 2009. The Foreign Tourist Arrivals (FTA) in India during 2010 was 5.6 million as compared to the FTAs of 5.2 million during 2009, showing a growth of 8.1 per cent. FEE from tourism during 2010 were US$ 14.1 billion as compared to US$ 11.9 billion during 2009, registering a growth of 18.1 per cent. Travel and Tourism Competitiveness Report of 2009 from the World Economic Forum, has ranked India as 12 th in the Asia Pacific region and 68 th overall. It also ranked India as the 14 th best tourist destination for its human, natural and cultural resources, owing to many World Heritage sites, rich flora and fauna and strong creative industry. In the 18th Session of the General Assembly of UN WTO in 2009, India was re-elected to the Executive Council of the United Nations World Tourism Organization for another four years term. India is a member of the Executive Council of UN WTO continuously for the last 19 years.

Investment Opportunities

Hotel industry Service apartments Adventure Tourism Health Tourism Convention centres Wildlife Tourism Highway Tourism Amusement Parks

Infrastructure Development

Infrastructure development holds the key to India's sustained growth in the tourism sector. Therefore, the Ministry of Tourism has been making efforts to develop quality tourism infrastructure at tourist destinations and circuits. Under the Centrally Sponsored Scheme of Product/Infrastructure Development for Destinations and Circuits, the Ministry of Tourism extends Central Financial Assistance tot he State Governments/Union Territory Administrations for tourism projects identified in consultation with them for improvement of existing tourism products and also developing new ones. 100 per cent Central Assistance is given under the scheme for development of destinations/circuits to world standard and also for rural tourism infrastructure development. The Ministry of Tourism has launched a scheme for development of nationally and internationally important destinations and circuits through Mega Projects. As on 4 th February 2011, 38 mega projects have been idebtified, out of which 26 projects have been sanctioned. These mega projects, which are a judicious mix of culture, heritage, spiritual and ecotourism, aim to give tourists a holistic perspective. For Rural Tourisminfrastructure development, the thrust is towards development of tourism infrastructureat the identified rural tourism sites so that socioeconomic benefits percolaote down to the rural community. Ministry of Tourism has taken the initiative of interacting with other Central Government Ministries such as Railways, Civil Aviation, Road Transport & Highways, Food Processing and Urban Development and also the concerned State Governments, to achieve convergence and synergy with their programmes so that the impact of investment on these destinations is maximised. Ministry of Tourism has identified 24 destinations/circuits, based on their tourism potential, to be covered in the first phase of this initiative.

E-Newsletter of the Embassy of India, Paramaribo

Indian Steel - The Story of the Growth Steel in India is an industry that has spurred national development since the very infancy of the Indian Republic. From supporting the infrastructure development requirements of the nation to aiding growth by catalyzing the economy, its role has been much more than that of a morbid alloy. Despite all the multi pronged development that has been possible because of Steel, its uses have not been sufficiently recognized. Whatever growth the sector has influenced has ridden on the back of major infrastructure projects and schemes. The steel demand in the country is expected to grow at around 10% Compound Annual Growth Rate (CAGR) over the next ten years at the same time the growth in steel production capacity in India is also slated to increase at an identical rate. Projections suggest that steel production capacity in India would double to 120 million tonnes by the year 2020 from the present capacity of 78 million tones. This would further increase if the demand for steel in rural India increases. For this to happen, there is a requirement of large scale capacity additions both by private and public sector undertakings. Due to the timely and strategic efforts of the Steel Ministry, the stone has been set rolling. The focus now is on capacity growth in steel production in the country, so that the nation becomes self reliant to meet domestic steel demand. Apart from major Private companies that are on the expansion mode, PSUs like the Steel Authority of India Limited (SAIL) and Rashtriya Ispat Nigam Limited (RINL) have also taken up expansion projects to meet the future steel demand. SAIL one of the biggest PSE under the Ministry of Steel plans to ramp up its Hot Metal capacity to 23.4 Mt by 2012-13, improving over its current production capacity of 13.82 Mt. SAILâ&#x20AC;&#x2122;s massive modernization and expansion plan at an expenditure of about Rs. 72,000 crore is under advanced stage of implementation. This would increase the saleable steel capacity from the current 11.07 Mtpa to 20.23 Mtpa. A 83% increase in capacity. Till December last year, orders worth of around Rs. 56,000 crore have already been placed and an expenditure of around Rs. 32,000 crore has been made. The new 0.18 Mtpa stainless steel making facility in Salem Steel Plant has already commenced operations. The following major facilities are expected in the steel sector:

New 7 m tall coke oven batteries with Coke Dry Quenching at Rourkela Steel Plant (RSP) and at IISCO Steel Plant (ISP). Sinter Plants at RSP and ISP. New 4060 m3 Blast Furnace at RSP. 0.5 Mtpa capacity Wire Rod Mill at ISP. 1.2 Mtpa Cold Rolling Mill at Bokaro Steel plant.

With the completion of expansion projects the capacity at the IISCO Steel Plant would increase to 2.7mt. The modernization is expected to be completed in the year 2012-2013 at SAILâ&#x20AC;&#x2122;s Bokaro, Bhilai, Rourkela and Durgapur Steel Plant. The projected capacity increase is:

Plant Bokaro Bhilai Rourkela Durgapur

Present Capacity (mt) 4.59 4.08 2.00 2.09

Capacity Post 5.77 7.50 4.50 2.45

Expansion (mt)

(PIB Feature) ****

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Indian Cultural Centre, Paramaribo INDIAN CULTURAL CENTRE PARAMARIBO – CALENDAR for FEBRUARY 2012 YOGA WORKSHOP AT ST. LUCIA From 2 – 5 February, 2012 Honorary Consul of India, Saint Lucia

‘VASANT UTSAV’ (A Cultural Presentation by ICC Students) Friday 10th February 2012 (1900 to 2000hrs.) Venue: Yoga Hall, ICC, Paramaribo Meditation Course & Patanjali Yoga Sutras Date: 13 – 17, February, 2012 (Monday to Friday) Morning: 08.00 to 09.00 hrs. Evening: 17.00 to 1830 hrs. Venue: Yoga Hall, ICC, Paramaribo ‘INDIAN COOKERY CLASS’ (Indian Dish) Wednesday 15th February 2012 (1700 to 1830 hrs.) Venue: Yoga Hall, ICC, Paramaribo ---------------------------------------------PRIZE DISTRIBUTION FOR 2ND & 3RD POSITION OF HINDI COMPETITION Friday 17th February 2012 (1915 to 2015 hrs.) Venue: Yoga Hall, ICC, Paramaribo ‘SURYA KANT NIRALA JAYANTI’ Tuesday 21st February 2012 (1900 to 2000 hrs.) Venue: Yoga Hall, ICC, Paramaribo ‘TALK ON ARANYA KAND RAMAYANA’ Friday 24th February 2012 (1700 to 21830 hrs.) Venue: Hindi Class, ICC, Paramaribo LECTURE ON YOGA & HEALTH Wednesday 29th February 2012 (1900 to 2015 hrs.) Venue: Yoga Hall, ICC, Paramaribo

TALK ON ARANYA KAND RAMAYANA A talk on Aranya Kand Ramayana was delivered by Dr. S.K. Jha, Hindi Teacher ICC on Fridays 2nd and 23rd December. The programme which included recitation of Hanuman Chalisa, Chaupaiyan’s, Ram Bhajans and Dohas, short stories on moral values, etc. During the programme the topic of Ram-Bharat Milan at Chitrakoot which is the best example of brotherhood in Indian culture was explained. Poetic pronunciations of Shlokas (mantra) were also taught to the students.

DIPLOMATIC LADIES GROUP BAZAAR The Diplomatic Ladies Group of Suriname organized 18TH International Bazaar at the Cultural Centre of Venezuela, Paramaribo for charity on 3rd December. The Embassy of India/Indian Cultural Centre participated in the activity. An Indian Food and an Art & Handicraft stalls were organized by the spouses of Indian Embassy and Indian Cultural Centre staff. All proceeds received were donated for charity. The Bazaar was inaugurated by the First Lady of Suriname HE Mrs. Ingrid Bouterse. On this occasion two classical Kathak dances were performed by the Kathak dance students of Indian Cultural Centre.

HINDI

WORKSH (Hindi Viyakaran Shikshan Samasyaen)

A Hindi workshop on the topic of ‘Hindi Viyakaran Shikshan Ki Samasyaen’ was organized by Dr. S.K. Jha, Hindi teacher, Indian Cultural Centre, Paramaribo at Tulsi Manas Mandir on Sunday 4th December 2011 for local Hindi teacher and students. In this workshop from forthcoming examination point of view the different topics of Hindi Viyakaran like Sangya (noun), Sarvnaam (pronoun), Kriya (verb), Visheshan (adjective), Shabd Vichar (word power) etc. were focused.

DEMONSTRATION AND QUESTION ANSWER SESSION FOR “SELF ASSESSMENT TEST’ Ms. Suchint Kaur Sodhi Yoga teacher ICC conducted the revision session at Indian cultural centre for the batch of January 2011 to December 2011 in which the demonstration of all the practices were given and a question and answer session was held so that students of yoga can prepare for the self assessment test. The session was held twice a week, apart from regular classes.

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WORKSHOP OF LADIES HAIR DRESSING

LECTURE ON ASANA & PRANAYAM

Indian Cultural Centre, Embassy of India, Paramaribo organized a special workshop and demonstration of 'Hair Dressing' for ladies on Wednesday 14th December 2011. The workshop was conducted by Mrs. Sangita, and she demonstrated different styles of hair of ladies.

The ICC Yoga Teacher, Ms. Suchint Kaur Sodhi conducted a lecture on Asana and Pranayam for third new Yoga batch of July 2011 at Indian Cultural Centre on 15 December, 2011. The difference between Asnas and exercises, the basic understanding of different types of Asnas and how they are good for body and mind were explained to the participants along with the basic understanding about breathing techniques..

TRIBUTE TO JAGJIT SINGH Indian Cultural Centre, Paramaribo organized a musical tribute to Jagjit Singh on Friday 16th December 2011 at Yoga Hall, ICC. The programme started with the power-point presentation of Jagjit Singh’s musical journey. The vocal music students of ICC and local artists of Suriname participated in the programme. A guest artist from Holland Mr. Rajmohan, who was on a visit to Suriname, (a renowned Ghazal singer in Holland) also took part in the programme. Many popular numbers/Ghazals/Bhajans/Songs sung by Jagjit Singh were rendered. A dance performance was also presented by the Kathak dance students of ICC on the popular Nazm of Jagjit Singh. Local media covered the event imprint and on TV channels.

HINDI CLASS ICC Hindi Teacher, Dr. S..K. Jha conducted Hindi classes for Praveshika & Parichya level at Tulsi Manas Mandir of district – Commewijne on 18 December, 2011. These classes are organized for those local Hindi students who are unable to come to ICC, Paramaribo. In these classes there were 15 students for Praveshika level and 5 students of Parichya level. This is the special contribution of Indian Cultural Centre to provide the Hindi classes at their door steps during weekends.

SELF ASSESSMENT TEST ICC Yoga teacher, Ms. Suchint Kaur Sodhi conducted the self assessment test for second batch of Yoga students ICC for three days 19-21 December 2011. Fifty (50) students enrolled their names for the exam. Two external local Yoga teachers were invited as the examiner. The test was based on practical and viva voce. Students have shown good response and also improved their knowledge.

DRAWING COMPETITION FOR CHILDREN A drawing competition was conducted at Indian Cultural Centre, Paramaribo on Friday 23rd December 2011 under the supervision of Mr. Ranjan Akloe, a famous local painter of Suriname. Around thirty children/students between the age of 06 – 21 years in three groups, 16-21 Group A, 10 – 15 Group B and below 9 group C participated in the competition and made drawings on the topic of Christmas and New Year in Suriname. Participants used coloured pencils to draw their creative expression. The event was very well covered by the local electronic media as well as print media and later telecasted on Apintie TV Channel 10 of Suriname. On this occasion Senior Programme Director, Shri R.K. Srivastav who was on the official visit to Suriname along with his team also attended the competition. The prizes were given to the winners after the competition by Shri R. K. Srivastav and Shri Sunil Bhalla, Director, ICC.

E-Newsletter of the Embassy of India, Paramaribo

Cहं द* उFसाह के साथ मनाया गया सूर*नाम म वG Cहं द* Cदवस 2012 10 जनवर* 2012 को पारामा रबो के काँमेस हाल म भारतीय राजदत ू ावास ने सूर*नाम के Cहं द* ूेिमय# व विभEन दे श# के ूितिनिधय# के साथ वG Cहं द* Cदवस मनाया। इस दौरान सूर*नाम के वJािथ य# ने Cहं द* पर अपनी कुशलता का ूदश न Cकया। सूर*नाम म वG Cहं द* Cदवस 2012 संबंधी गित विधय# का आरं भ अLूबर माह से विभEन Mजल# म ूितयोिगताओं के आयोजन के साथ ह* हो गया था। सूर*नाम के चार Cहं दः ु तानी बहुल Mजल# – सरमNका, वािनका, कौमवेना व पारामा रबो म सुलेख, क वता वाचन, कहानी वाचन व रामायण चौपाई, Qोक वाचन ूितयोिगताएँ आयोMजत क गR। सभी Mजल# के िलए एक िनबंध ूितयोिगता भी थी। इन ूितयोिगताओं म लगभग 260 Cहं द* छाऽ# ने भाग िलय़ा। 10 जनवर* को Cहं द* क वताओं, भजन# व भारतीय सांःकृ ितक क ि के छाऽ# Wारा ूःतुत सांःकृ ितक काय बम से सजी एक रं ग बरं गी शाम म सूर*नाम के रYा मंऽालय के ूितिनिध कन ल जसटस हे -वा-क व महामCहम ौी कँवलजीत िसंह सोढ* ने सभी वजेताओं को पुरःकार वतरण Cकया। कुछ ःथानीय संःथाओं को पुःतक भी भ ट क गR। सूर*नाम CहEद* प रषद के अ\यY ौी भोलानाथ नारायण व साCहFय िमऽ संःथा क ूितिनिध डॉ॰ काम^न जगलाल ने अपनी अपनी संःथाओं के बारे म बात करते हुए सभी से अिधकािधक CहEद* बोलने का आ_ान Cकया और भारत के राजदत ू ावास और भारत सरकार को हाCद क धEयवाद Cदया। इस वष वG CहEद* Cदवस और गुDदे व रबीEिनाथ ठाकुर Cक 150वी जEम जयंती को जोड़ते हुए रवीEिनाथ ठाकुर से ूे रत सृजनाFमक लेखन क वशेष ूितयोिगता आयोMजत क गयी थी, यह मुbय cप से CहEद* िशYक# के िलए थी CकEतु आम जनता भी भाग ले सकती थी। ूितयोिगता दो वगd गJ व पJ म थी Mजःमम कोई भी सृजनाFमक लेख या क वता िलख कर यह बताना था Cक वह Cकस तरह गुDदे व से या उनके जीवन से ूे रत हुई है । इस ूितयोिगता के पुरःकार महामCहम ौी कंवलजीत िसंह सोढ़* व सूर*नाम म Nयूबा के राजदत ू महामCहम ौी हुिलयो आ सोलीस फेरे रो व गयाना दे श क राजदत ू महामCहम सुौी मेिल न उधो Wारा ूदान Cकए गए। राजदत ू महोदय ने वष 2011 म सूर*नाम म Cहं द* से संबंिधत मुbय गित विधय# का उ3लेख Cकया Mजनम , कR काय शालाओं के अित रL सूर*नाम क साCहFय िमऽ संःथा के दस ू रे क वता संमह – अिभलाषा, कंfयूटर पर Cहं द* टं कण काय शालाओं म CहEद* टं कण सीख कर रामायण क पाँच कथाओं नमक पुःतक का ूकाशन और कथा-कहानी काय शाला का आयोजन शािमल थे। वष 2011 म सूर*नाम के 627 छाऽ# ने सूर*नाम Cहं द* प रषद क पर*Yाओं म भाग िलया। पछले कुछ वषd से सूर*नाम म कR क वय# व लेखक# क जयंितयाँ मनाने का िसलिसला भी आरं भ हुआ है , Mजसके प रणामःवcप सूर*नाम म Cहं द* क वय# व लेखक# और Cहं द* साCहFय के ूित खासा Dझान उFपEन हुआ है । भारतीय राजदत ू ावास क ओर से आGासन Cदया गया Cक भ वंय म भी इस ूकार क गित विधयां जार* रह गी।

E-Newsletter of the Embassy of India, Paramaribo

सूयक ांत ऽपाठi ‘िनराला िनराला’ िनराला सन ् 1896 क वसंत पंचमी के Cदन जEमे महाूाण सूयक ांत ऽपाठi ‘िनराला’ पर माँ सरःवती का वशेष आशीवा द था। आपके जEम क ितिथ को लेकर अनेक मत ूचिलत ह( । एक बड़ा वग मानता है Cक संवत ् 1955 म माघ शुNल एकादशी अथा त ् 21 फरवर* सन ् 1899 आपक जEमितिथ है । िनराला जी के कहानी संमह ‘िलली’ म आपक जEमितिथ 21 फरवर* 1899 ह* अंCकत है । वसंत पंचमी पर उनका जEमCदन मनाने क परं परा 1930 म ूारं भ हुई। आपके पता पंCडत रामसहाय ितवार* उEनाव के रहने वाले थे और मCहषादल म िसपाह* क नौकर* करते थे। ‘िनराला’ जी क औपचा रक िशYा हाईःकूल तक हुई। तदप ु रांत CहEद*, संःकृ त तथा बांlला का अ\ययन आपने ःवतंऽ cप से ःवयं Cकया। तीन वष क छोट* सी आयु म अपनी माता को खो दे ने के बाद संघषd म बचपन बताया और कैशोय लांघते-लांघते पता भी आपका साथ छोड़ संसार से वदा ले गए। अब अपने बmच# के साथ-साथ पूरे संयुL प रवार का उnरदाियFव आपके कंध# पर आ पड़ा। ूथम वGयु\द के बाद जो महामार* फैली उसम आपने अपनी पoी मनोहरा दे वी, चाचा, भाई तथा भाभी को गँवा Cदया। कCठनतम प रMःथितय# म भी आपने जीवन से समझौता न कर, अपने तर*क़े से ह* Mज़Eदगी जीना बेहतर समझा। इलाहाबाद शहर आपसे ल!बे समय तक सुशोिभत होता रहा। इसी शहर के दारागंज मुह3ले म रायसाहब के कमरे के पीछे बने कमरे म Cदनाँक

अNटू बर

1971

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महाूाण,

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‘अनािमका’, ‘प रमल’, ‘गीितका’, ‘CWतीय अनािमका’, ‘तुलसीदास’, ‘कुकुरमुnा’, ‘अMणमा’, ‘बेला’, ‘नए पnे’, ‘अच ना’, ‘आराधना’, ‘गीत कुंज’, ‘सां\य काकली’ और ‘अपरा’ आपके काrय-संमह ह( । ‘अfसरा’, ‘अ3का’, ‘ूभावती’, ‘िनDपमा’, ‘कु3ली भाट’ और ‘ ब3लेसुर बक रहा’ आपके उपEयास ह( । ‘िलली’, ‘चतुर* चमार’, ‘सुकुल क बीवी’, ‘सखी’ और ‘दे वी’ नामक संमह# म आपक कहािनयाँ संकिलत ह( । इसके अित रL आपने िनबंध भी िलखे जो ‘रवीEि क वता कानन’, ‘ूबंध पs’, ‘ूबंध ूितमा’, ‘चाबुक’, ‘चयन’ और ‘संमह’ नाम से ूकािशत हुए। इतना ह* नह*ं पुराण कथा तथा अनुवाद के Yेऽ म भी आपने महती काय Cकया है । दज न भर से अिधक महFवपूण मंथ# का आपने CहEद* म अनुवाद Cकया। महाूाण िनराला CहEद* साCहFय के एक ऐसे सूय ह( Mजसका आलोक सदै व CहEद* जगत ् को ूकाशवान करता रहे गा। ूःतुत है ौी िनराला जी Wारा रिचत सरःवती वंदना –

वर दे वर दे !

कलुष-भेद - तम हर ूकाश भर

वीणावाCदिन वरदे !

जगमग जग कर दे !

ूय ःवतंऽ-रव अमृत-मंऽ नव भारत म भर दे !

नव गित, नव लय, ताल, छं द नव,

काट अंध उर के बंधन ःतर

नव नभ के नव वहग-वृEद को

बहा जनिन uयोितम य िनझ र

नव पर नव ःवर दे !

नवल कंठ, नव जलद - मंि रव,

E-Newsletter of the Embassy of India, Paramaribo

TRADE ENQUIRIES List of Commercial Inquiries Received from India, in January 2012

Name of the Company 1.

R.S. Gill Ganpathy Alloy Castings Export Manager Industrial Area-B,Malerkotla-148023, Punjab Tel: +91-1675-645892/ 255273 Mob: +91-99880-90647 Fax:+ 91 01675-250251 E-mail: exportsganpathyrollsindia@gmail.com Website: www.ganpathyalloycastings.com Pradeep Patel ORG Engitech Pvt Ltd. 503, Harekrishna Complex, Ellisbridge, Ashram Road, Ahmedabad-380006 Telefax: +91-79-3000-4425/ 2289-0001 Mob: +91-93741-60151 E-mail: pradeep@orgengitech.com Website: www.orgengitech.com Abhijeet Banthia Neptune Inox 302, Diamond Trade Centre 2-3 Diamond Colony; R.S. Bhandari Marg Indore 452008; Madhya Pradesh Mob: +91-99260-27760 E-mail: neptune.inox@gmail.com Ashwini Fatehpuria Ishita Organics 26, Jelia Para Lane, Salkia, Howrah - 711 106; West Bengal Tel: (O) +91-33-3200-8451/ (R) +91-33-6752865 Fax: +91-33-2675-8800 Mob: +91-9748431090/ 9339310390 E-mail: info@ishitaorganics.com/ ishitaorganics@gmail.com Website: www.ishitaorganics.com Skype: ishitaorganics Richa Maheshwari Rich Art and Craft 52/188, Mansarower, Jaipur -302020, Rajasthan Mob: +91-77379-17911 E-mail: richartandcraft@gmail.com Website: www.richartandcraft.com G.Geo Milton 91-99624 43920 Email: miltonchennai@gmail.com Udaykumar Parmar Sunrey Exports E-mail: sunrey.expports@hotmail.com F.Victoria Pandit GPC Medical Limited (Administration) M-Block, DDA LSC, Vikas Puri, 110018 E-mail: info@gpcmedical.com Tel.: 91-11-4322-2600 (100 lines), Fax: 91-11-4554-5172 Website: www.gpcmedical.com/ www.indianorthopaedic.com/ www.medical-furniture.com/ www.anaesthesia-products.com

Product Hot Rolling Mill Rolls

Water Purifier System for Household and Industrial Applications

Packaging Products

Herbal Medicines and Organic products

Metal Handicrafts, Wooden Handicrafts, Marble & Sand Stone Handicrafts, Textile Handicrafts, Leather Footwear & Handicrafts, Handmade paper & Lac Handicrafts, etc.

spicy foods and salt and other products

Indian Spices

Hospital/Medical/Scientific/Laboratory Equipments, Devices and Instruments

E-Newsletter of the Embassy of India, Paramaribo

Narendra Bakliwal Ambitions International 2/A, Tilak Bhawan, 5/A, Tilak Marg, C-Scheme, Jaipur-302005, Rajasthan Mob.: +91-98290-62269 E-mail:- ambitionsinternationaljaipur@gmail.com

Agro and Herbal & Spices Products

10.

Sanvi Crafts 134, Bari Chappeti Firozabad E-mail: info@sanvicrafts.com Website: www.sanvicrafts.com

Handicraft and Antique Products (Metal Craft, Stone Craft, Wood Craft, Glassware, Bamboo Craft, Authentic Paintings, Wrought Iron Craft, Terracotta, etc)

11.

Aleem Uddin President Beauty Art Handicrafts Tel:- +91-591-2490554 Mob: +91-9808353140 Skype: aleemud E-mail: aleem@beautyarthandicrafts.com Website: www.beautyarthandicrafts.com N. Vasudevan Vedantha Exports 763/8, Vedantha Complex, Kunithala, Peravoor Post, Kannur District, Kerala E-mail: vedanthaexports@gmail.com Siddharth Kothari LOTUS Enterprise C-12, 1st Floor, Satyam Shopping Centre, M.G.Road, Ghatkopar- East, Mumbai - 400077 Tel: +91-22-2102-7266; Mob: +91-9820188460 Amrita Dawson Sales Tel: +91-161-2538449. Fax: +91-161-2530349 E-mail: info@dawsonindia.com Website: www.dawsonindia.com

Indian Handicrafts

Abhishek Jain. BHARAT Industries B-12, Foundry Nagar, Hathras Road, Agra-282 006 Tel: +91-562-2240053-58 Mob: +91-9897001007; Fax.: +91-562-2240059 E-mail: sales@bharatengine.com Website: www.bharatengine.com D. Dhar Manager – Export Lal Baba Seamless Tubes Pvt. Ltd. 13A Government Place (E),2nd Floor, Kolkata - 700069 Te: +91-33-22310770/ 22315111/ 40080579 Fax: +91-33-22310771 Mob: +91-9831992184/ 9051611120 E-mail: sales@lbstubes.com/ debashis.dhar@lbstubes.com Website: www.lbstubes.com Charu Suri Amco Industrial Enterprises Pvt. Ltd. Tel: +91-161-4321000 E-mail: amcopaper@amcogroups.com Website: www.amcopaper.com/ www.amcogroups.com Esspee Clothing Company Unit No. 10, VTM-2, Mehra Industrial Compound, Andheri Kurla Road, Sakinaka

Diesel Engine, Water Pump, Pumping Set and Generating Set

12.

13.

14.

15.

16.

17.

18.

Cotton, Fabric clothes, Home Textiles, Handicrafts, Organic Fruits and Vegetables, Agro Products, Rice, Wheat, Sugar, and Cooking Oil Building Materials Readymade Garments

Complete Bicycles, Bicycle Parts, Scaffoldings & Couplers, Framework Accessories, Cup lock System & Jacks, Kwikstage System, Frames & Props, Channel Support System, Threaded Rods & Studs, Automobile/ Automotive Parts, Scrap Import – Export.

Carbon Steel Cold Drawn Seamless Pipes and Tubes

Office Products and Stationary Goods

Men’s Shirting Wear

E-Newsletter of the Embassy of India, Paramaribo

19.

20.

22.

Mumbai 400072 Tel: +91-22-2851-1027/ 2856-2837 E-mail: esspeeclothingco@gmail.com Uday Talashilkar Malwani Sanstha Secretary Mob. +91-9987568971 E-mail: malwanisanstha@gmail.com Yash Kumar Director Coastal Packagers (P) LTD 5/5, Clive Row, Kolkata Tel: +91-33-4005-6931/ 32/ 33 Fax: +91-33-4005-6934 E-mail: coastal_packagers@airtelmail.in Y.S. Rajian Sr. Manager â&#x20AC;&#x201C; International Business Crystal Crop Protection Pvt Ltd. GI-17, GT Karnal Road, Industrial Area, Azadpur, New Delhi 110033 Tel: +91-11-2700-6800 (30 lines)/ +91-2711-8881/2 ext. 601 Fax: +91-11-2711-8885 Mob: +91-9818584795 Skype: rajianys E-mail: yogender.rajian@chrystalcrop.com Website: crystalcropprotection.com Satyanarayan Kumawat Vaibhav Udhyog Near Arya Samaj Mandir, City Road, Madanganj, Kishangarh, Rajasthan Telefax: +91-1463-246235 Mob: +91-99291-06235 E-mail: vaibhavudhyog@gmail.com Website: www.vaibhavudhyog.wens.com

Manpower/ Fresh Fruits/ Fresh Tinted Fruit Juices/ Sweets/ Manmade Articles. Fresh and Dried Fish

All Types of Jute Goods

Agrochemicals

Micro Silica, Silica Flour, Quartz Lumps, Quartz Powder, Quartz Sand and Silica Sand

Page

E-Newsletter of the Embassy of India, Paramaribo

BHARAT DARSHAN â&#x20AC;&#x201C;A view of the illuminated Rashtrapati Bhawan, South and North Block in New Delhi on January 29, 2012.

Embassy of India Address: Dr. Sophie Redmondstraat No. 221, Post Box No.1329, Paramaribo, Suriname Tel: (0597) 498344/531448/531449 (General) Telefax: (0597) 491106/499382 Email: ambindia@sr.net;

amb.paramaribo@mea.gov.in;

hoc.paramaribo@mea.gov.in

Business Hours: The Embassy is open from 0800 hours till 1630 hours from Monday to Friday (except on holidays) and is closed on Saturday and Sunday. The Consular & Visa Section of the Embassy is open from 0900-1200 hours from Monday-Friday and is closed on Saturday and Sunday

E-Newsletter of the Embassy of India, Paramaribo