7
INDIA-SRI LANKA DISCUSS COOPERATION IN CORPORATE GOVERNANCE
A six-member high powered Sri Lankan delegation led by the Minister of Constitutional Affairs and Industrial Development Prof. G.L. Peiris of Shri Lanka called on the Union Minister of Law, Justice and Company Affairs and Shipping Shri Arun Jaitley here today and discussed with him matters of mutual interests between the two nations in the filed of Constitution, judicial appointments, corporate governance, globalisation, legislative measures for second generation economic reforms. They also exchanged their thoughts in a cordial atmosphere.
Giving an account of the legislative measures for second generation economic reforms, the Union Law Minister said that the Government was liberalising the banking and financial sector to make it more competitive. He also explained the legislative measures to augment the Companies Act, 1956 for making it more investor friendly and to improve corporate governance. As for the port sector, steps were afoot to privatise the major ports, the Minister said.
The Law Minister informed his Sri Lankan counterpart that the Government was considering appointment of a National Judicial Commission for posting, promotions, transfer and removal of Judges of the High Courts and the Supreme Court. He maintained that Indian Judiciary was most independent and powerful but slow.
Shri Jaitley further said that as a result of the ongoing Constitution Review Commissions recommendations expected next year, the Government will see a change in the judicial appointment procedure and some powers going to the State Governments.
The Sri Lankan Minister gave a resume of Constitutional outfits, judiciary and industrial scenario prevailing in his country and how his Government was working towards globalisation.
'8'
COMMONWEALTH EDUCATION MINISTERS CONFERENCE TODAY
The four-day Conference of Commonwealth Education Ministers begins in Halifax, Canada today. A six-member Indian delegation led by the Human Resource Development Minister Dr. Murli Manohar Joshi is participating in the meet. Other members of the delegation include the Minister of State, HRD, Shri Syed Shahnawaz Hussein and the Secretary, Secondary and Higher Education, Shri M.K. Kaw.
The theme of the conference is "Education in Global Era, Concerns and Challenges". It will focus on the challenges before education in the new millennium and ways of meeting the requirements.
At the conference Dr. Joshi will share Indias experience in educating the masses and the new initiative of "Sarva Siksha Abhiyan"-Education for All. He will also chair the Ministerial Committee looking into various aspects like qualifications, standards, scholarships and exchanges. The meeting would provide an opportunity for interaction with Education Ministers from other Commonwealth countries including Canada where a number of Indian students are going for higher education and Britain which is providing aid to educational programme in the country.
3
ADDRESS BY PRIME MINISTER AT INDIA ECONOMIC SUMMIT
"
The India Economic Summit, organised by the World Economic Forum and the Confederation of Indian Industry, has contributed to improved understanding of our national development process and economic policies. It has also enabled foreign investors to appreciate the potential of business opportunities in India.The fifteen economic summits held so far have served a useful purpose in improving Government business communications and creating networks of relationships. More than anything else, such relationships lead to mutual understanding and promotion of trade and investment.
I am speaking to you today for the third consecutive year. During this short period, you would have perceived my Governments determination to pursue policies that will make India globally competitive. And, progressively integrate India with the global community.
My Cabinet colleagues will be speaking to you during this summit. They will outline our sectoral policies and programmes.
I will confine myself to making some observations on the direction in which we are moving. It would also be in order to make some comments about global integration in the light of recent experiences.
Friends,
The inevitability of globalisation is recognised by all.
However, during the last one year misgivings about the globalisation process have become more and more pronounced. This is evident from the increasingly vigorous protests in Seattle, Prague, Bangkok, Melbourne and even Davos!
Are these protestors a group of misplaced individuals? And what are they protesting against?
Some of the placard-wavers have cynically commented that they are against everything. But, a serious analysis of the protests will show that we cannot ignore the fact that there are many misgivings cutting across nations; that there are apprehensions which are shared across borders.
If it is so self-evident that globalisation leads to increased opportunities, enhanced growth and real income, why are these not being universally accepted? Is it a communication failure? Is it merely an image problem?
Is it that Governments are unable to ensure that the fruits of development percolate to the grassroots? Or, is it that globalisation is increasingly being perceived to be elite-driven, conferring benefits on large corporates while bypassing millions of poor and marginalised people? In India alone the number of such people is nearly 300 million.
We need to ponder over these questions and come up with acceptable, convincing responses.
The effectiveness of these responses would partially lie in accepting that while globalisation affords unbounded opportunities, these opportunities go hand in hand with obligations. The privilege of being a global player must be matched with the responsibility of making the process universally acceptable by making it universally beneficial.
We in India are conscious that the rapid changes brought about by technology and globalisation have to be addressed with care and caution. We have to spread the benefits among all our people and manage the process of change with sensitivity. Government sees this as its responsibility.
How does business perceive its role and responsibility? What should be the concerns and obligations of industry?
Over the last three years, there has been enhanced partnership between Government and industry not only in the economic sector, but also in the social sector. A lot more can be achieved by strengthening this partnership.
Today, at this Economic Summit that has brought together captains of international and Indian business, I would like to share some thoughts on what could be the obligations of industry.
First, and foremost, is that business and industry, especially the foreign investors community, must have a long-term commitment to India. This is the only way we can build trust and a sustained relationship.
Second, as Government works to evolve a forward-looking Companies Act and Competition Laws, I seek from you a strong adherence to free and fair competition in the interest of consumers. Let us not follow the path of monopolies and cartels that serve the cause of few at the cost of many.
Third, todays India wants to see the corporate sector implementing higher standards of corporate governance. Each Indian and foreign company has a duty to be transparent, just as Governments at the Centre and in the States are trying to ensure transparency in policy-making. This is an issue that concerns small investors, minority shareholders and the investing public. High standards of corporate governance will enhance the peoples confidence in the private sector.
Fourth, I would urge you to invest more and more in human resource development. It would be beneficial in the long run to devote funds and time to training, re-training and education of your employees and their families. This will prepare them to meet the challenge of change which globalisation inevitably brings.
Fifth, remember that technology is driving change. With Indias outstanding scientific, technological and engineering talent, it will benefit everybody if you focus on research and development, innovation and technology building.
Sixth, consider India a profitable location not merely for out-sourcing of information technology services, but also for manufacturing. We have a strong manufacturing tradition; this will continue to exist, India seeks to be not only an IT hub, but also a manufacturing hub.
Seventh, be sensitive to environmental concerns. Insist on high standards of pollution control and ecological management.
Eighth, reach out to the rural sector not merely because it is large, but because the needs of rural India cannot be bypassed. The rural sector needs high quality products to derive the advantages of globalisation.
Finally, no Government can alone meet the massive challenge of providing education and healthcare facilities to every family in a billion-strong country without all round cooperation.
Can each of CIIs four thousand member companies and the three hundred foreign companies represented here take charge of at least one primary school and one healthcare centre to supplement Governments efforts in the social sector? Indeed, Indian industry as a whole must deepen its involvement in the crucial social sector of primary health and education.
Such a social partnership can transform India. If you strive to realise these objectives, it will make a qualitative difference to our society.
If we enter into this partnership now, the image of globalisation will change; Globalisation will no longer be perceived as a threat, but an opportunity.
It will initiate a process that will enable all sections of society to participate in development and growth. A process in which the gains of income will be more equitably shared.
Friends,
That is why our Government is pursuing policies which aim to maximise the benefits of globalisation while minimising its risks and socially disturbing outcomes.
Supported by our strong macro-fundamentals, India will continue, for the eighth year in succession, to grow at over six per cent. This is coupled with modest inflation, comfortable foreign exchange reserves and outward looking policies.
Our intention is to double per capital income within one decade. This means an annual GDP growth of around eight to nine per cent.
Since we last met, our Governments focus has been on improving the quality of our national infrastructure. Let me mention some of them:
There is some evidence of a global slowdown. But, even within this framework, I am convinced that Indias environment for business will improve steadily and significantly. This will encompass policy-making, procedures and implementation.
I have been taking personal interest in ensuring speed and transparency. A Strategic Management Group in my office is meeting every week to hasten the pace of implementation. I am receiving support from Chief Ministers many of whom have set up similar monitoring groups for their State Governments.
India will pursue with determination the reform strategy articulated in the manifesto of the National Democratic Alliance. The next generation of reforms entails difficult decisions. In implementing them, we will no doubt encounter resistance and transitional difficulties. But we shall overcome them.
We shall constantly endeavour to evolve national consensus. We believe that the agenda for economic change should not be unduly politicised.
Our goal is clear : We will globalise to Indias advantage. In the process, we will ensure that the fruits of productivity and the gains of growth bring about a qualitative change in the life of our people.
Your partnership in our challenging task will be invaluable. I seek your cooperation in realising our vision.
Thank you".
'16'
HIGH EXPORT GROWTH RATE DUE TO POLICY INITIATIVES, SAYS OMAR ABDULLAH
As per provisional DGCI&S data, the growth rate of exports during April-September 2000-2001 has been 22.04 per cent as compared to the corresponding period of the previous year. "The export growth rate has been high due to our policies like better services through considerable simplification i.e., electronic filing and online processing of licence applications, EPCG and Advance Licences granted on self-declaration basis etc., better neutralisation of indirect taxes on imports through easy-to-operate schemes like DEPB (Duty Entitlement Pass Book), DFRC (Duty Free Replenishment Certificate) etc., and the good world economic environment particularly of US, EU along with recovery in East Asia and Russia. High import growth rate is mainly due to oil imports which show a growth of 86.2 per cent due to hike in oil prices. Non-oil imports have shown a fall of 1.9 per cent", Shri Omar Abdullah, Minister of State for Commerce and Industry, said in a written reply in the Rajya Sabha today.
A number of steps have been taken to further enhance the export growth which include reduction in transaction cost through decentralisation, simplification of procedures and various other measures as enumerated in the Exim Policy. Steps have also been taken to promote exports through multilateral and bilateral initiatives, identification of thrust sectors and focus regions. The balance of payments position during 1998-99 and 1999-2000 remained comfortable. The government and the Reserve Bank of India monitor the position constantly and steps are being taken, as and when necessary, to make the BOP position of the country viable, the Minister said, adding that the target for export growth has been fixed at 18 per cent in US dollar terms during 2000-2001.
'18'
LOK SABHA
The per capital consumption of zinc in the country at present is estimted at 0.26 kg per annum. During 1999-2000 it was 0.254 kg. In the previous years, it was 0.243 kg and 0.242 kg respectively.This information was given by the Minister of Mines Shri Jaysingrao Gaikwad Patil to a question of Shri Prabhat Samantray in a written reply in Lok Sabha today.
'44'
LOK SABHA
MINERAL RESERVES IN MADHYA PRADESH
Madhya Pradesh contains vast reserves of mineral resources and Geological Survey of India (GSI) has been conducting mineral exploration in the State since long. The reserves of some of the minerals in Madhya Pradesh have been estimated by GSI as follows:
Minerals |
Reserves |
Barytes |
207,000 tonnes |
Bauxite |
47 million tonnes |
Granite |
241,78,125 cubic meters |
Calcite |
0.45 million tonnes |
China clay |
18 million tonnes |
Coal |
14360.98 million tonnes |
Copper |
240.4 million tonnes |
Diamond |
1001146 carats |
Dolomite |
1283.39 million tonnes |
Feldspar |
45774 tonnes |
Fire clay |
102.205 million tonnes |
Fullers earth |
0.117 million tonnes |
Galena |
44000 tonnes |
Graphite |
10128 tonnes |
Gypsum |
686 tonnes |
Iron Ore |
124.408 million tonnes |
Limestone |
3089.05 million tonnes |
Maganese |
25.65 million tonnes |
Red ochre |
235219 tonnes |
Yellow ochre |
256706 tones |
Phosphorite |
40.66 million tonnes |
Pyrophyllite |
1.32 million tonnes |
Quartz |
0.60 million tonnes |
Zinc Ore |
3.61 million tonnes |
Any Indian National or a Company as defined in sub-section (1) of Section 3of the Companies Act, 1956 is free to exploit the mineral reserves after getting mining lease in accordance with the provisions of Mines and Minerals (Development and Regulation) Act, 1957 and Rules framed thereunder.
This information was given by the Minister of State for Mines Shri Jaysingrao Gaikwad Patil to a question of Dr. Ramkrishna Kusmaria in a written reply in Lok Sabha today.
'18'
PRIME MINISTER RELEASES "PROFILE OF THE IRON AND STEEL INDUSTRY"
Prime Minister Shri Atal Bihari Vajpayee today released a book titled "Profile of the Indian Iron and Steel Industry" at a function held at Parliament House. The Minister of Steel Shri Braja Kishore Tripathy presented the book to the Prime Minister. After the release Shri Tripathy presented copies of the book to the Chairman, Rajya Sabha and the Vice president of India Shri Krishan Kant and the Speaker, Lok Sabha Shri G.M.C. Balayogi.
The booka millennium offer by the Steel Ministrys Joint Plant Committee (JPC)--- discusses the evolution of strengths and weaknesses of the Indian Iron and Steel Industry, its geographical dispersion across the country, opportunities offered by the sector after liberalisation and the global scenario. Targeted at Members of Parliament, industry people and policy makers, it also presents a diagnosis of the recent downturn, strategies for revival and proposes measures to face globalisation.
The Steel Secretary Shir A.K. Agarwal, the Development Commissioner for Iron and Steel Shri R.K. Prasannan and the SAIL Chairman Shri Arvind Pande were present at the function.
'18'
RAJYA SABHA
STEPS TO INCREASE PRODUCTION OF STEEL
After liberalisation of steel industry, the production of various kinds of steel is driven by market forces and no guidelines are issued in this regard by the Government. The main producers of steel in the public and private sector plan their production based on their market projections. As per the projections made by the Working Group on Iron and Steel for the Ninth Five Year Plan set up by Planning Commission, production of steel will reach 38.01 million tonnes by 2001-02, the terminal year of the Ninth Five Year Plan. The production of finished steel in 1999-2000 was 26.71 million tonnes.Government have taken several steps to increase the production of steel in the Ninth Plan, such as modernisation and expansion of public sector steel plants and adoption of various policy measures to encourage creation of additional steel production capacity in the private sector. Indian steel producers have been taking continuous steps to meet the domestic requirement of steel which include upgradation of technology improvement in productivity and yields, improvement in quality of products and adoption of the product-mix to suit the requirements of the consumers.
This information was given by the Minister of Steel Shri B.K.Tripathy to a question of Shri B.J. Panda, MP in a written reply in Rajya Sabha today.
'15'
LOWERING OF TAXES TO ATTRACT INVESTMENTS WILL HURT TAX-SYSTEMS GLOBALLY: FM
SINHA URGES COMMONWEALTH NATIONS TO UNITE AGAINST MONEY LAUNDERING
The Union Finance Minister, Shri Yashwant Sinha has called upon the international community to curb the unhealthy practice of lowering taxes to attract business and investments because it will hurt tax-systems globally. He was addressing the 21st Technical Conference of the Commonwealth Association of Tax Administration (CATA), here today.
Taking note of Harmful tax competition and money laundering as one of the topics for discussion in the Conference, the Minister said that it is a very relevant issue in these days of rapid mobility of financial capital and technology across countries. "A competition among countries to attract investments by offering very low tax rates has been noticed. Such tax competition is harmful as it leads to capital flight and the overall narrowing of tax base in the world. The menace of tax havens has been recognised by OECD who have recently made a detailed study in this regard.", he said. In this context, Shri Sinha stressed that the Government in India reserves the right to ask the investors about the source of their money. The investment should come from a legitimate source and should not be a transportation of tainted income, he added.
While referring to the second topic for the Conference namely Reform and modernisation of tax administration in the new millenium, Shri Sinha said that ensuring tax compliance is the major challenge faced by tax administrators today. He called upon the delegates to exchange information regarding good tax practices in their respective countries. "Modern tools of technology should be used to ensure that tax evasion is curbed at national and international levels and the Commonwealth should come forward to set an example in this regard," he said. In this context, the Minister informed the delegates that the One by Six Scheme introduced by the Income-Tax Department has resulted in doubling of the number of tax payers in India. "We have set forth the target of further doubling this to 50 million tax payers in the next three years",. he added. Shri Sinha said that this is part of Governments efforts to increase the share of direct taxes in total tax collection. This will also ensure that those with higher incomes, contribute more to the revenue collection, he said.
Lauding the efforts of CAF INDUSTRIAL UNITS 14 & 1515. NEWS ITEMS 15 & 16INTERNATIONAL16. INDO-PAK RELATIONS 1617. MIDDLE-EAST CRISIS 16 & 1718. INDO-RUSSIAN RELATIONS 17 & 1819. U.S. PRESIDENTIAL ELECTIONS 1820. NUCLEAR SCENATIO/ CTBT 19
'10'
RAJYA SABHA
SCHEMES FOR THE WELFARE OF THE HANDICAPPED
Ministry of Social Justice and Empowerment is committed to provide equal opportunities, protection of rights, full participation and all round development of persons with disabilities. For achieving this goal, the Ministry runs various programmes/schemes. Important among them are:
This information was given by the Minister of State for Social Justice and Empowerment, Smt. Maneka Gandhi in a written reply in the Rajya Sabha today.
'10' RAJYA SABHA
SUPPORT AND AID TO DISABLED PEOPLE
As per NSSO Surveys of 1991, about 5% of the population suffer from some disability. As India's estimated population is about 1 billion, the estimated number Persons with disability are about 50 million.
While the present infrastructure is not adequate to provide rehabilitation services to all persons with disabilities in the country, however, along with various on-going programmes for rehabilitation of Persons with Disabilities being implemented by Central Government, State Governments and NGOs, a number of new programmes are also being implemented. These include 1) National Programme for Rehabilitation of Persons with Disabilities - to create service delivery system at state/district/block/gram panchayat level, ii) District Rehabilitation Programme - to provide rehabilitation services especially to rural persons. Iii) Regional composite Resource Centre - to provide rehabilitation services and manpower development, iv) Regional Rehabilitation Centres for Persons with Spinal Injuries and other orthopaedic disabilities - to provide rehabilitation services, v) National Trust for Welfare of Persons with Autism, Cerebal Palsy, Mental Retardation and Multiple Disabilities.
This information was given by the Minister of State for Social Justice & Empowerment, Smt. Maneka Gandhi in a written reply in the Rajya Sabha today.
'28'
LOK SABHA |
ASSISTANCE TO STATES FOR RURAL ELECTRIFICATION
The Minister of State for Power, Smt. Jayawanti Mehta informed the Lok Sabha, here today, in a written reply that during the year 2000-01, Rural Electrification Corporation (REC) has sanctioned financial assistance of Rs. 15,128 lakhs for 528 projects to various State Electricity Boards (SEBs)/Power Utilities/State Power Departments.
Disbursement of funds against the projects are made by REC on completion of execution of loan documents by the concerned SEBs/Power Utilities/State Power Departments. The concerned SEBs/Power Utilities/State Power Departments are yet to complete the execution of loan documents.
The priorities and targets for Rural Electrification are determined by the State Governments/State Electricity Boards depending upon the availability of financial resources. The REC provides loan assistance to SEBs/Power Utilities for the schemes sponsored by them provided these are technically feasible and financially viable. The time frame for complete electrification of rural areas would largely depend upon the availability of financial resources for creating required infrastructure systems, the demand from consumers.
State-wise details are given below :
(Rs. in Lakhs)
S.No. |
State |
No. |
Loan Amount |
1. |
Andhra Pradesh |
48 |
10,533 |
2. |
Delhi |
2 |
817 |
3. |
Goa |
2 |
247 |
4. |
Gujarat |
45 |
17,870 |
5. |
Haryana |
70 |
11,384 |
6. |
Jammu & Kashmir |
21 |
7,291 |
7. |
Karnataka |
144 |
35,376 |
8. |
Kerala |
29 |
11,894 |
9. |
Maharashtra |
132 |
38,745 |
10. |
Manipur |
2 |
207 |
11. |
Punjab |
24 |
12,887 |
12. |
Tripura |
5 |
950 |
13. |
Uttar Pradesh |
4 |
3,325 |
Total |
528 |
1,51,528 |
'10'
RAJYA SABHA IMPLEMENTATION OF WELFARE PROGRAMMES FOR SCs/STsWith a view to utilize the amount provided for implementation of various schemes/programmes for welfare of Scheduled Castes and Scheduled Tribes, the Ministry of Social Justice and Empowerment and the Ministry of Tribal Affairs are taking the following steps:
This information was given by the Minister of State for Social Justice and Empowerment, Smt. Maneka Gandhi in a written reply in the Rajya Sabha today
'7'
JAITLEY CALLS FOR FAST TRACK JUSTICE DELIVERY SYSTEM The Union Minister of Law Justice and Company Affairs, Shri Arun Jaitley has called for a fast track justice delivery system to expedite disposal of mounting arrears of 2.4 crores cases pending at district and surbodinate courts and about 33 lakh cases pending in all the High Courts in the country. Inaugurating a day long National Seminar on "Free Legal Aid - Justice to All" to mark the 51st Law Day here yesterday, Shri Jaitley said that the 11th Finance Commission has allocated Rs. 504.90 crores for creation of 5 additional district courts in all districts of the country for expediting the disposal of the mounting arrears of cases. The national seminar was organised by the Indian Council of Jurists. The Minister sought the cooperation of the Bar to consider whether the proposed additional district courts could be converted into "Fast Track District Courts" for day to day trial and disposal of cases. The Law Minister expressed the concern of Government over mounting arrears of cases and called for the suggestion of the Bar and the Bench to make justice cheaper and expeditious. He also called for expanding the role of legal aid to provide justice to the poor and indigent. Shri Jaitley also gave away "National Law Day Awards - 2000" to seven recipients who have distinguished themselves in the Bar.Presiding over the Seminar, the Minister of State for Coal, Shri N.T. Shanmugam said that the obligations to carry speedy justice to the door steps of the poor and the needy devolved on the shoulders of the lawyer community. The lawyers alone could create awareness in the minds of the poor about their rights and remedies for their problems.
Judges of the Supreme Court, the High Courts and leading lights of the Bar and Members of Parliament also participated in the seminar.
The Law Day is celebrated every year on November 26 to mark the adoption of the Constitution of India by the Constituent Assembly on November 26, 1949 after a three year long deliberations.
'20'
BRIGHT PROSPECTS FOR INVESTMENT IN OIL EXPLORATION IN INDIA
GANGWAR CALLS FOR MORE OIL E&P ACTIVITIES IN THE AFRO-ASIAN REGION
Shri Santosh Kumar Gangwar, Minister of State for Petroleum & Natural Gas informed that an investment of about US$ 180 million have been made by the Private/joint venture partners in the oil exploration blocks awarded since 1991. Shri Gangwar said this while he was chairing the concluding session of the Fifth International Conference and Exhibition on Petroleum Geochemistry and Exploration in the Afro-Asian Region (AAAPG 2000), here today. The Minister said that so far contracts for 26 blocks have been signed with the private/joint venture parties from the round preceding NELP. Referring to bright prospects for investment in Indian oil explorations and production for private sector and foreign companies, Shri Gangwar informed that amongst the blocks awarded, offshore exploration block Cauvery offshore is currently under production. In another block in Rajasthan oil was discovered recently. The discovery is to be appraised by undertaking further exploration and delineation works in the near future. Further free gas has been discovered in the Ravva Satellite area and in Cambay offshore. Besides, ONGC has made its maiden discovery of gas in the deep seawater off-Krishna-Godavari basin very recently, he said.
Shri Gangwar, while congratulating AAAPG for its successful deliberations, said that in the last two decades, petroleum geochemistry has evolved into a sophisticated exploration tool used in many petroleum provinces. He urged the Petroleum Gechemists to resume more exploration and production activities in the unexplored Afro-Asian Region. He expected petroleum geochemistry to play an important role in the discovery of more hydrocarbons.
In addition to this, he said, efforts are also being made to explore non-conventional sources of energy like coal bed methane and natural gas hydrates. Since the gas hydrates is a frontier area which would require evaluation of technological solutions, the conferences of this type will give the desired impetus, synergistic thought processes as also an action plan. The Minister said the gas hydrates are attractive resources of hydrocarbons for long-term energy security. The exploration and exploitation of gas hydrates is still a developing area and therefore, it would be desirable if companies all over the world join hands and pool the resources to come to a common understanding of the objectives.
'24'
The Chief Minister of Andhra Pradesh, Shri Chandrababu Naidu and the Chief Minister of the newly created state of Jharkhand, Shri Babulal Marandi called on the Minister of Communications, Shri Ram Vilas Paswan here today to discuss some of the issues relating to communication infrastructure and projects in their respective states.
The Andhra Pradesh Chief Minister has requested for the formal clearance from the Ministry of Communications to associate local units with the TWINS project in Andhra Pradesh involving the cities of Hyderabad and Secundrabad. Shri Paswan said that in the first phase of the project DOT SOFT terminal might be provided in the TWINS Project with leased line connectivity provided by Andhra Pradesh Circle. Further, the integration of DOT SOFT with the software of the State Government may be taken up in the second stage. However, he said that the current possibility is that the Andhra Pradesh Telecom Circle may only install their DOT SOFT terminals in the premises of the Integrated Customer Service Centres. Referring to the issue of bandwidth which was raised by the Chief Minister during the meeting, Shri Paswan said that as VSNL has increased its bandwidth capacity, there should be no problem in meeting the increased demand of the State. Shri Paswan also agreed with the proposal of the Chief Minister to bring out commemorative postage stamps on the "Golden Tower Ananda Nilayam Vimanam of Tirumala" and on "Tourism of Andhra Pradesh".
Shri Marandi emphasised the need for creating a modern infrastructure for telecommunication in his state with high capacity new switches and optical fibre links connecting all the regions of the state to the capital Ranchi. Shri Paswan said that three new Heads of Circles of telecom will also be established in the newly created states of Jharkhand, Uttaranchal and Chhatisgarh. The Minister also agreed to the proposal of the state Chief Minister to bring out three commemorative postage stamp on freedom fighters, namely, Shri Kannu, Shri Sidhu and Shri Tirka Manjhi.
'7'
The President is pleased to appoint Shrimati Justice Karinchet Kumaran Usha, Judge of the Kerala High Court, to be the Chief Justice of the Kerala High Court with effect from the date she assumes charge of her office.
3
ADDRESS BY PRIME MINISTER AT INDIA ECONOMIC SUMMIT
The following is the text of the address of the Prime Minister, Shri Atal Bihari Vajpayee at the India Economic Summit here today:
"The India Economic Summit, organised by the World Economic Forum and the Confederation of Indian Industry, has contributed to improved understanding of our national development process and economic policies. It has also enabled foreign investors to appreciate the potential of business opportunities in India.
The fifteen economic summits held so far have served a useful purpose in improving Government business communications and creating networks of relationships. More than anything else, such relationships lead to mutual understanding and promotion of trade and investment.
I am speaking to you today for the third consecutive year. During this short period, you would have perceived my Governments determination to pursue policies that will make India globally competitive. And, progressively integrate India with the global community.
My Cabinet colleagues will be speaking to you during this summit. They will outline our sectoral policies and programmes.
I will confine myself to making some observations on the direction in which we are moving. It would also be in order to make some comments about global integration in the light of recent experiences.
Friends,
The inevitability of globalisation is recognised by all.
However, during the last one year misgivings about the globalisation process have become more and more pronounced. This is evident from the increasingly vigorous protests in Seattle, Prague, Bangkok, Melbourne and even Davos!
Are these protestors a group of misplaced individuals? And what are they protesting against?
Some of the placard-wavers have cynically commented that they are against everything. But, a serious analysis of the protests will show that we cannot ignore the fact that there are many misgivings cutting across nations; that there are apprehensions which are shared across borders.
If it is so self-evident that globalisation leads to increased opportunities, enhanced growth and real income, why are these not being universally accepted? Is it a communication failure? Is it merely an image problem?
Is it that Governments are unable to ensure that the fruits of development percolate to the grassroots? Or, is it that globalisation is increasingly being perceived to be elite-driven, conferring benefits on large corporates while bypassing millions of poor and marginalised people? In India alone the number of such people is nearly 300 million.
We need to ponder over these questions and come up with acceptable, convincing responses.
The effectiveness of these responses would partially lie in accepting that while globalisation affords unbounded opportunities, these opportunities go hand in hand with obligations. The privilege of being a global player must be matched with the responsibility of making the process universally acceptable by making it universally beneficial.
We in India are conscious that the rapid changes brought about by technology and globalisation have to be addressed with care and caution. We have to spread the benefits among all our people and manage the process of change with sensitivity. Government sees this as its responsibility.
How does business perceive its role and responsibility? What should be the concerns and obligations of industry?
Over the last three years, there has been enhanced partnership between Government and industry not only in the economic sector, but also in the social sector. A lot more can be achieved by strengthening this partnership.
Today, at this Economic Summit that has brought together captains of international and Indian business, I would like to share some thoughts on what could be the obligations of industry.
First, and foremost, is that business and industry, especially the foreign investors community, must have a long-term commitment to India. This is the only way we can build trust and a sustained relationship.
Second, as Government works to evolve a forward-looking Companies Act and Competition Laws, I seek from you a strong adherence to free and fair competition in the interest of consumers. Let us not follow the path of monopolies and cartels that serve the cause of few at the cost of many.
Third, todays India wants to see the corporate sector implementing higher standards of corporate governance. Each Indian and foreign company has a duty to be transparent, just as Governments at the Centre and in the States are trying to ensure transparency in policy-making. This is an issue that concerns small investors, minority shareholders and the investing public. High standards of corporate governance will enhance the peoples confidence in the private sector.
Fourth, I would urge you to invest more and more in human resource development. It would be beneficial in the long run to devote funds and time to training, re-training and education of your employees and their families. This will prepare them to meet the challenge of change which globalisation inevitably brings.
Fifth, remember that technology is driving change. With Indias outstanding scientific, technological and engineering talent, it will benefit everybody if you focus on research and development, innovation and technology building.
Sixth, consider India a profitable location not merely for out-sourcing of information technology services, but also for manufacturing. We have a strong manufacturing tradition; this will continue to exist, India seeks to be not only an IT hub, but also a manufacturing hub.
Seventh, be sensitive to environmental concerns. Insist on high standards of pollution control and ecological management.
Eighth, reach out to the rural sector not merely because it is large, but because the needs of rural India cannot be bypassed. The rural sector needs high quality products to derive the advantages of globalisation.
Finally, no Government can alone meet the massive challenge of providing education and healthcare facilities to every family in a billion-strong country without all round cooperation.
Can each of CIIs four thousand member companies and the three hundred foreign companies represented here take charge of at least one primary school and one healthcare centre to supplement Governments efforts in the social sector? Indeed, Indian industry as a whole must deepen its involvement in the crucial social sector of primary health and education.
Such a social partnership can transform India. If you strive to realise these objectives, it will make a qualitative difference to our society.
If we enter into this partnership now, the image of globalisation will change; Globalisation will no longer be perceived as a threat, but an opportunity.
It will initiate a process that will enable all sections of society to participate in development and growth. A process in which the gains of income will be more equitably shared.
Friends,
That is why our Government is pursuing policies which aim to maximise the benefits of globalisation while minimising its risks and socially disturbing outcomes.
Supported by our strong macro-fundamentals, India will continue, for the eighth year in succession, to grow at over six per cent. This is coupled with modest inflation, comfortable foreign exchange reserves and outward looking policies.
Our intention is to double per capital income within one decade. This means an annual GDP growth of around eight to nine per cent.
Since we last met, our Governments focus has been on improving the quality of our national infrastructure. Let me mention some of them:
There is some evidence of a global slowdown. But, even within this framework, I am convinced that Indias environment for business will improve steadily and significantly. This will encompass policy-making, procedures and implementation.
I have been taking personal interest in ensuring speed and transparency. A Strategic Management Group in my office is meeting every week to hasten the pace of implementation. I am receiving support from Chief Ministers many of whom have set up similar monitoring groups for their State Governments.
India will pursue with determination the reform strategy articulated in the manifesto of the National Democratic Alliance. The next generation of reforms entails difficult decisions. In implementing them, we will no doubt encounter resistance and transitional difficulties. But we shall overcome them.
We shall constantly endeavour to evolve national consensus. We believe that the agenda for economic change should not be unduly politicised.
Our goal is clear : We will globalise to Indias advantage. In the process, we will ensure that the fruits of productivity and the gains of growth bring about a qualitative change in the life of our people.
Your partnership in our challenging task will be invaluable. I seek your cooperation in realising our vision.
Thank you".
'16'
Four Export Processing Zones (EPZs) at Santa Cruz (Maharashtra), Cochin (Kerala), Kandla and Surat (Gujarat) have been converted into Special Economic Zones (SEZs) on 1/11/2000. The government has also granted in principle approval for setting up of SEZs at Positra (Gujarat) in the private sector and by the state governments at Dronagiri (Maharashtra), Nanguneri (Tamil Nadu), Kulpi (West Bengal), Paradeep (Orissa), Bhadohi (UP) and Kakinada (Andhra Pradesh) on the basis of proposals received from the state governments. These zones are expected to come up in the near future, Shri Omar Abdullah, Minister of State for Commerce and Industry, said in the Rajya Sabha today. In the Export Import Policy (1997-2002) incorporating amendments made upto 31/3/2000, the government announced a policy for setting up of SEZs in the country. As per the policy, the central government is not to set up any new SEZs. However, SEZs may be set up in the public, private, joint sector or by the state governments. Existing EPZs could also be converted into SEZs.
'16'
Shri Omar Abdullah, Minister of State for Commerce and Industry, today said that a corpus of US $500 million would be set up with the Exim Bank of India for developing trade with the Latin American Countries (LAC) for lending at LIBOR rate, as par of the ongoing efforts to put in place Lines of Credit with countries in Latin America. This is amongst the several policy initiatives on the anvil to boost trade with the region which would also include setting up of a private sector marketing agency. Speaking at the Awards presentation ceremony of the India International Trade Fair (IITF-2000) and Focus: LAC 2000, organised by the India Trade Promotion Organisation (ITPO) here to mark the conclusion of the IITF 2000, Shri Abdullah said that Latin America offered tremendous trade potential for India and expressed confidence that India would emerge as an important trading partner of this region given the series of policy initiatives to step up trade with LAC including grant of assistance to the tune of 50 per cent of the expenditure for opening foreign offices in Latin America and assistance for setting up of warehouses. Referring to his visit to Brazil, Argentina and Chile at the head of a CII trade mission in May 2000 and his subsequent meetings with the trade and foreign ministers of Latin America, Shri Abdullah urged the Indian exporters to participate in a big way in some of the forthcoming trade events which would include a business delegation to Latin America to be headed by the Minister of Commerce and Industry during January-February 2001, a Conference of Commercial Representatives of India later this year and a Pharma Seminar early next year being planned by the Brazilians. He assured that the government would continue to give support and focussed attention to the LAC initiatives. Shri Prabir Sengupta, Commerce Secretary and Smt. Rathi Vinay Jha, Chairperson and Managing Director of ITPO, were among the large number of guests and participants present at the closing ceremony.
On India's export performance this year, Shri Abdullah said that the number of policy initiatives taken by the government had had palpable spin-offs with India's exports registering a handsome growth of 22 per cent during the first half of the current financial year and underlined the need for maintaining and accelerating the tempo of exports so as to build on the recent attainments in order to reduce the trade deficit. Lauding IITF for its many business successes, Shri Abdullah pointed out that IITF 2000 together with the ASPAT (Asia Pacific) Fair had been particularly significant in the context of globalisation in an era when technology would be the prime mover of socio-economic progress. Concerted efforts would have to be made "by trade and industry within the country to evolve an India brand consciousness among overseas buyers by conforming to international standards for products, technologies and services. This would be imperative if India is to succeed in its efforts to globalise and ensure that globalisation is not a one way street that leads to the Indian market and not vice-versa in equal measure", Shri Abdullah said. He congratulated the award winners for their excellence in different categories and complimented the collective enterprise for ITPO for the success of IITF this year.
'16'
INDIA PRESSES FOR MARKET ACCESS IN WTO COMMITTEE ON AGRICULTURE
India has co-sponsored a paper on 'Market Access' along with 11 other developing countries during the Special Session of the WTO Committee on Agriculture held in September 2000. In this paper, trade distortions prevalent in international markets and the consequent hindrance to the exports from the developing countries have been highlighted and it has been proposed that developed countries should effect substantial reduction in their tariffs on a weighted average basis, eliminate tariff peaks and tariff escalations. It has also been demanded that the administration of tariff rate quotas (TRQs) should be made transparent and equitable for all trading partners, and there should be regular enhancement of TRQs so as to improve market access for all developing countries. All forms of trade distorting export subsidies must be eliminated by developed countries and domestic support provided by developed countries should be substantially reduced, dumping must be prohibited and the provisions of the SPS Agreement which inhibit the ability of developing countries to export agricultural products should be suitably addressed. This was stated by Shri Omar Abdullah, Minister of State for Commerce and Industry, in a written reply in the Rajya Sabha today.
The Committee on Agriculture of the World Trade Organisation (WTO) also met in a Special Session from 15-17 November 2000 and has discussed the proposals submitted by the member countries on agricultural negotiations. During the Special Session, proposals on 'Non-trade Concerns' by 24 member countries including European Communities, Japan, Switzerland, Republic of Korea, Norway and some other developing countries, and least developed countries, and on 'Export Subsidies, Food Security or Food Dependency' by Argentina, Brazil, Uruguay, Paraguay, Chile, Bolivia and Costa Rica, were discussed. India in it intervention, inter-alia, has suitably highlighted the fact that though sufficient flexibility is required by large agrarian developing economies to address their food and livelihood security concerns, it is not supportive of the attempts of certain developed countries to maintain their trade distorting subsidies under the garb of 'multifunctionality'. India has supported the proposal on "Export Subsidies, Food Security and Food Dependency" as was put forward by Argentina and others. Philippines on behalf of Association of South East Asian Nation (ASEAN) introduced a paper on "Special and Differential Provisions" which was supported by India in its interventions. Besides these, 2 other proposals on market access and domestic support were introduced by transition economies viz., Albania, Bulgaria, Croatia, Czech Republic, Georgia, Hungary, Kyrgyz Republic, Latvia, Lithuania, Mongolia, Slovak Republic, Slovenia and Estonia. There was also a brief discussion on the United States' proposal for tariff rate quota reform, Shri Abdullah said.
'16'
HIGH EXPORT GROWTH RATE DUE TO POLICY INITIATIVES, SAYS OMAR ABDULLAH
As per provisional DGCI&S data, the growth rate of exports during April-September 2000-2001 has been 22.04 per cent as compared to the corresponding period of the previous year. "The export growth rate has been high due to our policies like better services through considerable simplification i.e., electronic filing and online processing of licence applications, EPCG and Advance Licences granted on self-declaration basis etc., better neutralisation of indirect taxes on imports through easy-to-operate schemes like DEPB (Duty Entitlement Pass Book), DFRC (Duty Free Replenishment Certificate) etc., and the good world economic environment particularly of US, EU along with recovery in East Asia and Russia. High import growth rate is mainly due to oil imports which show a growth of 86.2 per cent due to hike in oil prices. Non-oil imports have shown a fall of 1.9 per cent", Shri Omar Abdullah, Minister of State for Commerce and Industry, said in a written reply in the Rajya Sabha today.
A number of steps have been taken to further enhance the export growth which include reduction in transaction cost through decentralisation, simplification of procedures and various other measures as enumerated in the Exim Policy. Steps have also been taken to promote exports through multilateral and bilateral initiatives, identification of thrust sectors and focus regions. The balance of payments position during 1998-99 and 1999-2000 remained comfortable. The government and the Reserve Bank of India monitor the position constantly and steps are being taken, as and when necessary, to make the BOP position of the country viable, the Minister said, adding that the target for export growth has been fixed at 18 per cent in US dollar terms during 2000-2001.
30
LOK SABHA
Central Government has adopted a new policy on zoos. The Policy envisages that no new zoo should be set up unless sustained availability of resources for effective management of zoo is guaranteed. All the animals in zoos are to be provided conditions congenial to their health. Minimum standards of upkeep and healthcare as per the guidelines provided under the recognition of zoo rules are to be maintained. The Ministry after Nandankanan tragedy has got a rapid evaluation of all the zoos done. The strategy adopted by the Ministry in this regard is closure of zoos which have no potential to improve and assisting the remaining zoos to come up to the required standards.
In Nandankanan Zoo both Director and Veterinary Officer have been transferred and show cause notices have been issued to all the concerned officers to explain their inability to take timely action to check the spread of disease. In connection with the killing of a Caiman in Nandankanan Zoo, after enquiry, the animal keeper has been dismissed from the service and a criminal case has been filed against him separately.
Regarding the killing of tigress in Nehru Zoological Park, Hyderabad, State Government of Andhra Pradesh has handed over the case to State C.I.D. for the inquiry and has also put four employees of the zoo under suspension.
This information was given by Shri T.R. Baalu, Union Environment and Forests Minister in reply to a question by Honble Member, Shri Basudeb Acharia, in the Lok Sabha here today.
30
LOK SABHA
POLLUTION IN METROPOLITAN CITIES
The steps taken to control the vehicular pollution in Delhi and other metropolitan cities include notification of stringent Mass Emission Standards known as India 2000 norms akin to Euro-I norms for motor vehicles manufactured from 1.4.2000 in the entire country and more stringent Mass Emission Standards known as Bharat Stage-II akin to Euro-II norms for registration of four-wheeled private (non-commercial) vehicles from 1.4.2000 in the National Capital Region, 1.1.2000 in Mumbai and from 1.7.2001 in Chennai and Calcutta, notification of specification of two-stroke engine oil effective from 1.4.1999 in the entire country, supply of improved fuel quality commensurate to upgradation of automobile technology, supply of only unleaded petrol, adoption of Compressed Natural Gas (CNG) and Liquefied Petroleum Gas (LPG) as auto fuel.
This information was given by Shri T.R. Baalu, Union Environment and Forests Minister in reply to question by Honble Members, Shri Shivaji Mane and Shri M.V.V.S. Murthi, in the Lok Sabha here today.
30
LOK SABHA
VIOLATION OF ENVIRONMENT LAWS BY PRIVATE FACTORIES
As on 30th September, 2000, a total of 11 private industries (large and medium) falling under the categories of highly polluting industries, were identified as defaulting units by the Central Pollution Control Board (CPCB). The State-wise break up is as follows :-
Bihar 1, Gujarat 1, Haryana-1, Karnataka 1, Madhya Pradesh 4, Orissa 1, Uttar Pradesh-1 and West Bengal-1.
Action under Section 5 of the Environment (Protection) Act, 1986 has been taken against 168 highly polluting large and medium industries during the last three years. In view of the vigorous monitoring and legal action initiated against the defaulting units, now only 57 units have to comply with the prescribed standards.
The steps taken/policy measures adopted to tackle pollution from industries include the following:
Central Pollution Control Board has issued directions to State Pollution Control Boards to monitor and take action against the defaulting industries.
This information was given by Shri T.R. Baalu, Union Environment and Forests Minister in reply to a question by Honble Members, Smt. Jaskaur Meena and Shri Y.G. Mahajan, in the Lok Sabha here today.
30
LOK SABHA
As per Water (Prevention & Control of Pollution) Act, 1974 and Environment (Protection) Act, 1986, discharge of effluent exceeding the prescribed standards in river is not allowed. The Supreme Court has also passed orders from time to time to this effect.
It is true that many distilleries have started discharge of treated effluent on land. To prevent contamination of ground water and loss of fertility of soil, the Central Pollution Control Board has prepared a protocol for utilisation of treated distillery effluents for irrigation in a scientific manner. If the treated effluents are used for irrigation in accordance with the protocol, there will be no problem of ground water pollution and loss of fertility of soil. In addition, the State Pollution Control Boards have been directed to monitor and take action wherever industries are discharging effluents beyond the prescribed standards. Distillery units are also being monitored by the Central Pollution Control Board. As on September 30, 2000 out of a total number of 177 distilleries, 134 units are reported to be having adequate facilities to comply with discharge standards, 32 units have been closed down and legal action has been taken against the remaining 11 defaulting units.
This information was given by Shri T.R. Baalu, Union Environment and Forests Minister in reply to a question by Honble Member, Dr. Ashok Patel, in the Lok Sabha here today.
'7'
The President is pleased to appoint Shri Justice Suresh Kantilal Shah, Shri Justice Neelkanth Vishwnath Dabholkar, Shri Justice Amar Jeet Singh Natharam Bagga, Shri Justice Dinkar Shankarrao Zoting, Shri Justice Vijay Chhaganlal Daga and Shri Justice Prasannakumar Vinayak Kakade, Additional Judges of the Bombay High Court, to be Judges of the Bombay High Court, in that order of seniority, with effect from the date they assume charge of their respective office.
'7'
The President is pleased to appoint Shri Justice Harjivan Kantilal Rathod, Additional Judge of the Gujarat High Court, to be a Judge of the Gujarat High Court, with effect from the date he assumes charge of his office.
'43'
JHARKHAND CHIEF MINISTER MEETS RURAL DEVELOPMENT MINISTER, SHRI M. VENKAIAH NAIDU
CENTRAL TEAM WILL VISIT JHARKHAND TO ASSESS RURAL DEVELOPMENT SCHEMES
A high-level Central team is scheduled to visit Jharkhand to study different rural development schemes in the 18 districts of the State. A massive public awareness campaign about various developmental schemes and programmes would be launched shortly in the State. This was stated by Shri M. Venkaiah Naidu, Union Minister for Rural Development, here today in a meeting with Shri Babulal Marandi, Chief Minister of Jharkhand.Shri Naidu further said that his Ministry would interact with the grass root level bodies and discuss implementation of various on-going rural oriented schemes and programmes and seek their suggestions on improving and ensuring effective implementation. Shri Naidu has called for chalking out a joint action plan for rapid development of the Jharkhand State. He said that his Ministry is particularly sympathetic for the special needs of the region and will strive to help in all possible ways. Shri Naidu assured that he will be visiting soon to the State to review the progress of various rural development schemes.
Shri Naidu pointed out that the empowerment of Panchayati Raj Institutions is of great importance for the economic and social development of the villages. Shri Babulal Marandi assured that modalities will be worked out soon for holding Panchayat elections in the State. Shri Naidu informed that a pilot project has been sanctioned for the district Dhanbad regarding rural water supply.
Senior officers of the Ministry and Chief Minister of Jharkhand were also present in the meeting.