Delhi’s new industrial policy to be IT driven

October 14th, 2009 NEW DELHI - With double digit industrial output figures, India's central bank may raise rates in the first half of next year and cash reserve ratios at the end of this month, says the research arm of global rating agency Moody's. "With industrial output set to expand at a solid pace, the case for tighter monetary policy appears stronger than it did earlier this year," said Nikhilesh Bhattacharyya, associate economist at Moody's Economy.com.

October 12th, 2009 NEW DELHI - India's industrial recovery is well on track and the manufacturing output would expand by 7.5-8 percent this fiscal, a key economic adviser of the government said here Monday. "I think that the industrial production number clearly indicates that industrial recovery is well on the way," Prime Minister's Economic Advisory Committee Chairman C.

October 6th, 2009 CHANDIGARH - Punjab's scheduled and unscheduled power cuts may have made people weary but the state government Tuesday announced Punjab's new industrial policy, lining up a slew of concessions to attract investment in the state. The new industrial policy, the seventh announced by the Punjab government since 1978, was approved by the cabinet here.

October 5th, 2009 NEW DELHI - Union Minister of Commerce and Industry Anand Sharma will address the National Seminar on "Industrial Productivity for Inclusive Growth" here today. The seminar is being organized by the National Productivity Council, Department of Industrial Policy and Promotion, the Ministry of Commerce and Industry.

July 24th, 2009 NEW DELHI - Lack of skilled labour may have contributed to the recent accidents at Delhi Metro construction sites that claimed seven lives, a senior government official said here Friday. "The real crisis is that enough number workers with right skills are not available in the construction industry.

July 20th, 2009 NEW DELHI - The Delhi government Monday announced creation of nearly 35,000 more seats in primary sections of Sarvodaya Vidyalayas in the national capital. "We have increased the intake of students from 40 to 50 in every class of the primary sections of the Sarvodaya schools of the Delhi government following good results of our schools," said Delhi Education Minister Arvinder Singh Lovely.

July 14th, 2009 Euro industry output down 17 pct in MayBRUSSELS — Industrial output in the 16 nations that use the euro sank 17 percent in May from a year earlier, the EU statistics agency said Tuesday, a somewhat milder drop than in the previous two months. Demand for European goods at home and abroad has slumped dramatically during the downturn.

July 13th, 2009 CHENNAI - The Tamil Nadu government is developing country-specific industrial parks to attract investments from business units located in those countries. According to the Industries Department policy note submitted by Deputy Chief Minister M.K.

June 30th, 2009 NEW DELHI - India's cement and manufacturing sectors, hit hard by the slowdown last year, are now seeing a turnaround, said a senior government official Tuesday, hoping that it would have a positive impact on other sectors as well. "The cement and manufacturing sectors are showing improvement.

June 29th, 2009 NEW DELHI - Minister of State for Labour and Employment Harish Rawat today said that the Directorate General Factory Advice Service and Labour Institutes (DGFASLI) should make an action plan to fully operationalise the national policy on safety, health and environment at work place. He also advised the DGFASLI to act on time-bound roadmap to implement the various decisions taken for enhanced safety measures for the workers during the "Year of Industrial Safety and Health" that is year 2008-09.

June 12th, 2009 Euro zone industrial output slumps in AprilLONDON — Industrial production in the 16 countries that use the euro slumped in April, official figures showed Friday, stoking fears that the euro zone remains in the grip of recession despite signs elsewhere that a recovery of sorts may be underway. The European Union's statistics office Eurostat said a 1.9 percent drop in April — the eighth consecutive monthly fall — pushed the annual rate of decline down to a record 21.6 percent.

May 26th, 2009 NEW DELHI - Delhi's new industrial policy is likely to be announced by early August, an official statement said Tuesday. The new policy was formulated taking into account the guidelines included in the Master Plan for Delhi-2021.

April 24th, 2009 NEW DELHI - Despite the global slowdown and recession in Europe and the US, India expects at least $40 billion as foreign direct investment (FDI) in the current fiscal, a senior industry ministry official said here Friday. 'The overall outlook for foreign investment is positive.

January 19th, 2009 RAIPUR - The Bharatiya Janata Party (BJP) government in Chhattisgarh will take the help of the corporate sector in drafting a new industrial policy, it said Tuesday. 'I have started working on a draft of the new industrial policy for the next five years and I have decided to hold separate discussions with experts, industrialists and industry bodies such as CII (Confederation of Indian Industry) and Ficci (Federation of Indian Chambers of Commerce and Industry),' Chief Minister Raman Singh told IANS.

January 4th, 2009 AHMEDABAD - Gujarat is aiming to achieve an annual industrial growth of 14.5 to 15 percent for the next five years, Minister of State for Industry and Energy Saurabh Patel said Monday. 'The Planning Commission has set a growth target of 11.2 percent for Gujarat in the next five years.