UPA government neglecting small scale sector: Buddha

July 21st, 2006 I was recently asked why do we keep donating our smartest people to other countries? It reminded me of a story of Gautama Buddha, founder of Buddhism. Once he was passing by a village full of very good and very bright people.

September 15th, 2009 KOLKATA - Corporate Affairs Minister Salman Khurshid Tuesday urged the Information Technology (IT) sector to spell out its standpoint and suggestions on the Companies Bill which is slated to come up before a standing committee of parliament soon. "We are in the process of moving before the standing committee of parliament the Companies Bill, 2009.

September 10th, 2009 THIRUVANANTHAPURAM - Kerala's IT sector will generate as many as 200,000 jobs in the next five years, state Chief Secretary Neela Gangadharan said Thursday. Inaugurating a conference on IT in Kerala - Challenges and Opportunities, organised by the Confederation of Indian Industry (CII) here, she said over 200 rural IT Parks (Techno Lodges) are expected to come up in the state in the next two to three years.

August 19th, 2009 CHANDIGARH - The Punjab government is offering various sops to information technology (IT) companies operating in the state, including a 24-hour uninterrupted power supply, in order to boost the sector, a government official said here Wednesday. "No economy can grow only on the shoulders of agriculture and we have to give a boost to the IT and service sector.

January 14th, 2009 NEW DELHI - The government has no plans to unveil a bailout package for fraud-hit Satyam Computer Services and the company's new board will decide its future course of action, Minister of State for Industry Ashwani Kumar has said. 'This government is not going to either directly or indirectly subsidise the wrongdoing and fraud in Satyam,' Kumar told reporters on the margins of an international conference on petroleum sector here Thursday.

January 14th, 2009 KOLKATA - The recruitment in the information technology (IT) sector in West Bengal is likely to be lower than the target set by the government due to the global economic meltdown, state IT minister Debesh Das said here Thursday. 'Last year we generated employment for around 15,000 people in the IT sector and this year we had set a target of 20,000.

January 14th, 2009 NEW DELHI - The government will not intervene in the functioning of Satyam Computer Services, Minister of State for Industrial Policy and Promotion Ashwini Kumar said here Thursday. Beleaguered Satyam's former chairman B.

July 8th, 2009 CHENNAI - The Tamil Nadu government will announce a slew of measures to help IT sector attract fresh investments, a senior official here said Wednesday. "The proposals will be announced in the assembly," IT Secretary P.W.C.

September 22nd, 2009 Whitman formally begins bid for Calif. governorSACRAMENTO, Calif.

June 1st, 2009 NEW DELHI - Communications Minister A. Raja, who took charge here Monday, said the third generation (3G) radio waves auction process will be completed by the year-end.

February 9th, 2009 SRINAGAR - The Essar group of industries Tuesday started setting up Jammu and Kashmir's first Business Processing Outsourcing (BPO), which will generate 4,000 jobs in the state that has around 300,000 jobless youth who are often targeted for recruitment by militant outfits. Chief Minister Omar Abdullah laid the ceremonial foundation stone of the BPO centre at Rangreth Industrial Area complex on the outskirts of Srinagar city.

September 16th, 2009 NEW DELHI - State-owned firms spent $3.1 billion on information technology in India during 2008 and the amount is expected to top $5 billion by 2011 at an annual growth of 19 percent between 2007-2011, says a new study by Springboard Research. More than two-thirds of the total spending will be led by the federal government, with states accounting for 22 percent and local governments for another 11 percent says the study on public sector IT opportunities in India by the market research firm.

August 15th, 2007 The challenges UK is facing in trying to quantify services in public sector like schools and hospitals. The results are often scary and exactly opposite to what was intended.

April 18th, 2009 Though the financial sector has started showing some signs of recovery from the global meltdown, the IT industry in the country will take some more time to regain the growth momentum, a top industry official said here saturday. 'The crisis started in the financial sector and recovery also seems to be happening first in that sector,' S.

June 1st, 2009 NEW DELHI - The IT industry has reasons to rejoice as Communication and IT Minister A. Raja Monday promised the extension of tax benefits under the Software Technology Park of India (STPI) scheme, which is due to expire by March 2010.