Dear All,
Special "Lok Adalat" for ELECTRICITY DISPUTES ( Pre - Litigative & Litigative matters ) relating to BSES (YPL) is scheduled to be held on 10th December'11 at Karkardooma Courts.
Regards
Rachna Sharma
BSES
Friday, November 25, 2011
Coming soon: World’s top retailers
Cabinet Clears 51% FDI In Multi-Brand Stores, 100% In Single-Brand
TIMES NEWS NETWORK
New Delhi: After debating the issue for more than a decade, the government on Thursday threw open the multi-brand retail segment to leading foreign chains such as Wal-Mart, Carrefour and others in a move to attract overseas investment and dispel doubts about the coalition’s ability to push through big-bang reforms.
After nearly two hours of discussion on Thursday evening, the Union Cabinet decided to allow foreign retailers to hold 51% stake in the multi-brand retail sector and also raised the cap on the singlebrand segment to 100%. The decision, which will be formally announced on Friday, comes with several riders, including one that restricts its application to only 53 cities that have a population of 1 million or more.
The investment needed for entering the sector has been put at $100 million, 50% of which should be set
aside for building back-end infrastructure such as cold chains and warehousing. Further, to make the move politically palatable, the government has made it mandatory for foreign retailers to source 30% of their requirement from small
and medium enterprises. WHAT’S ATTRACTIVE ABOUT INDIAN RETAIL? CURRENT SIZE OF INDIAN MARKET $28b ESTIMATED SIZE IN 2020 $260b
COMPANIES WILL HAVE TO Invest $100m or more Open stores only in towns with population of 1 million or more, ie they can tap 53 urban centres At least 50% investment to be in back-end infrastructure like warehouses, cold chains
States will have final say as stores have to comply with local legislation
ARGUMENTS FOR FDI IN RETAIL Consumers to save 5-10% Farmers to get 10-30% higher remuneration Potential to add 3-4m new jobs; another 4-6m jobs in logistics, contract labour, security etc
To help develop logistics and cold chains
Govt revenues to go up by $25-30bn through various taxes
ARGUMENTS AGAINST Could drive kirana shops, local retailers out of business
Jobs may shrink; at best move from unorganised to organised sector
Farmers will be left at mercy of big chains, having burnt bridges with mandis
Flood of cheap imports as retailers hunt best bargains
WAITING IN THE WINGS Wal-Mart, Carrefour, Tesco, Metro AG
with thanks : TOI : link above for more details.
Cabinet Clears 51% FDI In Multi-Brand Stores, 100% In Single-Brand
TIMES NEWS NETWORK
New Delhi: After debating the issue for more than a decade, the government on Thursday threw open the multi-brand retail segment to leading foreign chains such as Wal-Mart, Carrefour and others in a move to attract overseas investment and dispel doubts about the coalition’s ability to push through big-bang reforms.
After nearly two hours of discussion on Thursday evening, the Union Cabinet decided to allow foreign retailers to hold 51% stake in the multi-brand retail sector and also raised the cap on the singlebrand segment to 100%. The decision, which will be formally announced on Friday, comes with several riders, including one that restricts its application to only 53 cities that have a population of 1 million or more.
The investment needed for entering the sector has been put at $100 million, 50% of which should be set
aside for building back-end infrastructure such as cold chains and warehousing. Further, to make the move politically palatable, the government has made it mandatory for foreign retailers to source 30% of their requirement from small
and medium enterprises. WHAT’S ATTRACTIVE ABOUT INDIAN RETAIL? CURRENT SIZE OF INDIAN MARKET $28b ESTIMATED SIZE IN 2020 $260b
COMPANIES WILL HAVE TO Invest $100m or more Open stores only in towns with population of 1 million or more, ie they can tap 53 urban centres At least 50% investment to be in back-end infrastructure like warehouses, cold chains
States will have final say as stores have to comply with local legislation
ARGUMENTS FOR FDI IN RETAIL Consumers to save 5-10% Farmers to get 10-30% higher remuneration Potential to add 3-4m new jobs; another 4-6m jobs in logistics, contract labour, security etc
To help develop logistics and cold chains
Govt revenues to go up by $25-30bn through various taxes
ARGUMENTS AGAINST Could drive kirana shops, local retailers out of business
Jobs may shrink; at best move from unorganised to organised sector
Farmers will be left at mercy of big chains, having burnt bridges with mandis
Flood of cheap imports as retailers hunt best bargains
WAITING IN THE WINGS Wal-Mart, Carrefour, Tesco, Metro AG
WINDS OF CHANGE : Delhi State Cancer Institute
Dear Mr. Vohra ji,
True it is an asset to all of us who are residing in East Delhi. In the past we had to run about to other specialised centres for the purpose which hassle we could now overcome! I would suggest that this should get adequate publicity in all media and local Society's newsletters so that all could become aware of this facility. Can you arrange to mail the salient features of this hospital, so that we could give adequate publicity through our monthly newsletter to all our residents numbering over 5000! I won't mind even to have an advt. in our new residents telephone directory which is under process presently and expected to come out in January, 2012! Can you help us in this respect. I would also add that the hospital should arrange to give 'free check-up facility' at the hospital or on a nominal charge to all residents who would like to avail of this facility. Can you guide us in this respect with details available. You may also suggest their e-mail address with whom we could correspond on the matter.
Incidentally, you may recall that we had personally handed over a copy of our directory (with a tricolour cover which is a prominent one) when we joined your esteemed organization. Kindly have a cursory glance over it and suggest 'additional features' if any to be added in the ensuing edition, which will be helpful and informative to all. We are awaiting your comments. Of course, we will arrange to give a copy of the same when published, as we had done last time.
I have given you enough task for the time being. Awaiting your reply soon and with best regards and wishes.
TK Balu
Secretary/RBECHS/Anand Vihar
Dear Mr Balu,
DSCI is a Govt. Hospital having two wings now i.e. General & Private. In general portion one can get absolutely Free treatment for Cancer & in the private portion one can get the same treatment at nominal charges. DSCI is definitely an asset as well Prof. Dr. Grover the CEO. The hospital now has almost all the Modern facilities at par with any world class institute. The purpose of this News coverage through CITY PLUS was just to spread awareness. The contact details of this hospital are : Delhi State Cancer Institute (GNCT of Delhi), Dilshad Garden, Delhi 110 095, Tel.2211 0303,2211 0505, 2211 0606, Fax. 2211 0505, E mail ID : dsci.delhi@yahoo.co.in The Website of the Hospital can be visited : http://www.dsci.nic.in
I will definitely review the Directory published by you last year & will eagerly await the fresh edition. Plz feel free to upload the details on the Blog for the Advertisements so that anyone ( out of our list of almost 800 subscribers of the Blog, from various RWAs ) could get in touch if interested through the blog.
With best regards
B S Vohra
East Delhi RWAs Joint Front
Thursday, November 24, 2011
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