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Wednesday, February 17, 2010

Antony offers private industry, foreign companies partnership in



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Date: Mon, Feb 15, 2010 at 1:43 PM
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Press Information Bureau
Government of India
* * * * * *
 Ministry of Defence
Antony offers private industry, foreign companies partnership in
critical defence technologies

INDIA FAST EMERGING AN OUTSOURCING HUB FOR DEFENCE INDUSTRY: ANTONY
New Delhi: February 15, 2010

The Defence Minister Shri AK Antony has offered the private industry
and foreign companies partnership in the critical technologies in the
Defence sector. Delivering the inaugural address to the 6th Def Expo
India 2010 here this morning, Shri Antony said India is fast becoming
an outsourcing hub for the defence industry. He said the Government is
committed to the modernisation of the Armed Forces.
 "We have made Defence Procurement Procedures transparent and to speed
up the Defence acquisition process... We will soon publish the
'Technology Perspective and Capability Roadmap', covering a period of
15 years, to share the future needs of our Armed Forces", Shri Antony
said.
Speaking on the occasion, the Minister of State for Defence, Dr MM
Pallam Raju said that the new category of Buy and Make Indian,
introduced in the Defence Procurement Procedure (DPP) – 2009 will
facilitate Transfer of Technology. He said that the Defence
acquisition needs are now being published with a 15 year future
perspective on the Defence Ministry's website.   The Request for
Information (RFI) has been made mandatory for all acquisition cases,
Dr. Pallam Raju said. "As a result of the steps that have been taken
by the Government in the recent past to reform the Indian Defence
Sector, the atmosphere in India is now conducive for attracting more
and more investments in Defence R&D", he added.
Addressing the gathering the Secretary (Defence Production) Shri Raj
Kumar Singh said that the growth of the Private Defence Industry since
it was opened to the Private sector in 2001 has been encouraging. He
said that contracts worth over 8,000 crores have been signed since the
offset policy was introduced in the Defence acquisitions. Wrapping up
the proceedings Shri Satyajeet Rajan, Joint Secretary (Electronics) in
the Defence Ministry, said that more than ten products are expected to
be launched during the exposition.
The four-day event is the largest ever Defence Exposition in Asia and
showcases India's emergence as an attractive destination for
investment in the Defence Sector and acts as a platform for alliances
and joint ventures in Defence industry. 650 companies from over 35
countries have displayed weapon systems for Army and Navy. Major
participants are from USA, UK, Russia, Austria, Czech Republic,
Finland, France, Greece, Hungary, Israel, Korea, Netherlands, Norway,
New Zealand, Poland, Singapore, Spain, Sweden, Switzerland, Taiwan,
Ukraine, Germany, Belgium, Bulgaria, Canada, Israel Italy, Malaysia
and South Africa.
Organised by the Department of Defence Production, the exhibition will
continue till February 18th. Dedicated to global land and naval
systems business activity – from suppliers to manufacturers,
technology providers to services – the Def Expo also offers an
opportunity to the international defence industry to promote and
showcase their products and services. The exhibition has generated
attention globally and has carved a niche amongst major defence
exhibitions around the world.
The Def Expo was conceptualised in 1998 with an objective to promote
defence exports from India and exhibit the capabilities of Indian
defence R&D and production.  The first exhibition was held in 1999 and
subsequently in 2002, 2004, 2006 and 2008. While a modest 197
exhibitors participated in the first Def Expo, the biennial event
features 650 exhibitors in its 6th edition this year. Israel is the
biggest participating country in terms of space occupied (1248 sq
meters) while the United States is represented with the maximum number
of 25 companies. In the year 2008 there were 447 exhibitors from 29
countries. The exhibition area has almost doubled from 17200 sq meter
in 2008 to 30100 sq meter this year.  Defence Ministers from UK,
Bulgaria, Hungary, Nigeria, Turkey, Uganda, Senegal and Suriname along
with Official delegations from 41 countries would attend the
deliberations. Naval Chiefs from Kazakhstan, Mozambique, Brunei, Qatar
and Senegal and Army Chief from Mongolia will also attend the
exhibition.

pk/raj/dk/kol/13:21 hrs.


Press Information Bureau
Government of India
* * * * * *
Ministry of Defence
Antony inaugurates Def Expo
New Delhi: February 15, 2010

The Defence Minister Shri AK Antony inaugurated the Def Expo India
2010, 6th International Land and Naval Defence Systems Exhibition,
here today. Following is the text of the inaugural address delivered
by Shri Antony on the occasion:-
I am delighted to be with you all.  At the very outset, I take this
opportunity to extend a warm welcome to the delegates and participants
from across the world. I am sure that your stay will be a pleasant one
and the visit a successful one.
This year's edition of DefExpo is the sixth in series of India's Land
and Naval Systems Exposition being organised biennially by Ministry of
Defence since 1999.  The event has grown from strength to strength.
This year, the participation of companies has increased by around 40%
compared to last year.  It is heartening to note that 38 official
delegations, including 14 ministerial delegations are attending
DefExpo 2010.
The biggest challenge facing the world today is the security threats
arising out of rapidly advancing technology.  This has added a new
dimension to the overall security environment.  India has always been
recognised as a mature, responsible power and a stabilising influence
at a politico-security level.   Though we are traditionally known to
be a peace-loving nation, at the same time, we are ready to meet any
challenge to our territorial integrity and sovereignty.  Our
Government is committed to the rapid modernisation of our Armed
Forces, as we want our Forces to be equipped with state-of-the-art
technology and equipment to help them defend our sovereignty.
India's defence expenditure is about 2.5 per cent of its GDP.  The
Indian economy expected to grow at 8-10% for the next two decades.
Expenditure on defence in absolute terms is bound to increase in equal
proportion.  I am sure that this will present the defence industry new
and challenging opportunities to make a more meaningful contribution
to the defence sector.
India must achieve a high level of indigenisation in defence.  Our
quest for self-reliance in defence underlines the importance of
private sector participation on the one hand and in revitalising the
public sector, on the other.   We want the public sector and the
private sector to work in close cooperation, as friendly partners.
Our defence industry is open up to 100 per cent for Indian private
sector, while Foreign Direct Investment is allowed up to 26 per cent.
We have made our Defence Procurement Procedures transparent and to
speed up the defence acquisition process.  The recent introduction of
"Buy & Make (Indian)" category in Defence Procurement Procedures aims
at encouraging the Indian private industry to form Joint Ventures with
any foreign manufacturer.  We will soon publish the 'Technology
Perspective and Capability Roadmap', covering a period of 15 years, to
share the future needs of our Armed Forces.
Offset banking is now a part of our Defence Offset policy and the
licensing conditions have also been rationalised.  Necessary
administrative structures have been put in place in the Ministry of
Defence to facilitate offset banking.
The Indian defence industry has matured and evolved over the years.
It has developed capabilities in land, naval and air systems.  After
the introduction of defence Offset Policy, India is gradually becoming
a key outsourcing hub for the global defence industry.
DefExpo India 2010 is an endeavour to showcase India's capabilities in
land and naval systems, as well as its emergence as an attractive
destination for investment in defence sector.  This is a demonstration
of our ability to design, develop and deliver a wide range of military
and civil products and services to meet stringent specifications at
competitive prices.   However, we can learn from each other and enter
into mutually beneficial arrangements with friendly countries in the
field of critical and futuristic defence technology. We welcome and
invite support of the best in the world in our endeavour to modernise
our Armed Forces.
I am confident that DefExpo 2010 will provide ample opportunities to
all the participants to display their latest technologies and
products.   It would help them tap the market and business potential
for mutual benefit.  I would like all our defence production outfits
to learn from the experience of overseas collaborators and compete
with the best international practices.
I take this opportunity to urge all participants and officials of
Ministry of Defence to participate in various Seminars on topical
issues being organised during this Exhibition.
I once again extend a warm welcome to all the participants, guests and
exhibitors to this year's DefExpo.  I am sure you will enjoy your stay
in India. I am sure that it will be a grand success.
With these words, I declare DefExpo 2010 open.
I also wish to announce that 7th DefExpo will be held from February 9
to February 12, 2012 at New Delhi.

pk/raj/dk/kol/13:22 hrs.

Press Information Bureau
Government of India
* * * * * *
Ministry of Mines
Mineral production during November 2009
New Delhi: February 15, 2010

The mineral production from mining and quarrying sector in November
2009 was higher by 1.05% compared to that of the preceding month.
However, the mineral sector has shown a positive growth of 8.29%
during the current financial year i.e. April- November 2009-10 as
compared to that of the previous year. The mineral production in
November 2009 was higher by 9.94% as compared to that of the
corresponding month of previous year.

The total value of mineral production (excluding atomic & minor
minerals) in the country during November 2009 was Rs. 8946 crore. The
contribution of coal was the highest at Rs. 3594 crore (40%). Next in
the order of importance were: iron ore Rs. 1618 crore, petroleum
(crude) Rs. 1556 crore, natural gas (utilized) Rs. 1244 crore, lignite
Rs. 159 crore and limestone Rs. 226 crore. These six minerals together
contributed about 94% of the total value of mineral production in
November 2009.

Production level of important minerals in November 2009 were: coal 450
lakh tonnes, lignite 19 lakh tonnes, natural gas (utilized) 3987
million cu. m., petroleum (crude) 28 lakh tonnes, bauxite 1427
thousand tonnes, chromite 305 thousand tonnes, copper conc. 10
thousand tonnes, gold 158 kg., iron ore 172 lakh tonnes, lead conc. 11
thousand tonnes, manganese ore 171 thousand tonnes, zinc conc. 104
thousand tonnes, apatite & phosphorite 90 thousand tonnes, dolomite
424 thousand tonnes, limestone 183 lakh tones, magnesite 26 thousand
tones and diamond 1390 carats.

In November 2009, the output of chromite increased by 22.69%, apatite
& phosphorite 12.7% magnesite 10.62%, manganese ore 8.6% bauxite
5.50%, coal 5.13%, and iron ore 2.2 percent. The production of copper
conc. and diamond remains at the level of previous month. However, the
production of natural of natural gas (utilized) decreased by 0.42%,
limestone 1.55%, lead conc. 1.89%, petroleum (crude) 2.14%, dolomite
2.24%, gold 3.07%, zinc conc. 7.33% and lignite 21.87 percent.

nsk/ak/dk/kol/13:22 hrs.

Press Information Bureau
Government of India
* * * * * *
Ministry of Commerce & Industry
Index Numbers of Wholesale Prices in India (Base: 1993-94=100)Review
for the month of January, 2010
New Delhi: February 15, 2010

The official Wholesale Price Index for 'All Commodities' (Base:
1993-94 = 100) for the month of January,2010 rose by 0.8  percent to
248.5 (Provisional) from 246.5  (Provisional) for the previous month.

INFLATION
The annual rate of inflation, based on monthly WPI, stood at 8.56%
(Provisional) for the month of January, 2010 (over January, 2009) as
compared to 7.31 % (Provisional) for the previous month and 4.95%
during the corresponding month of the previous year.  Build up
inflation in the financial year so far was 8.90% compared to a build
up of 1.51% in the corresponding period of the previous year.

Inflation for important commodities / commodity groups is indicated in Annex-1.

The movement of the index for the various commodity groups is summarized below:-

2. PRIMARY ARTICLES (Weight 22.02%)

The index for this major group rose by 0.2 percent to 284.7
(Provisional) from 284.1 (Provisional) for the previous month.  The
groups and items for which the index showed variations during the
month are as follows:-
       The index for 'Food Articles' group declined by 0.7 percent to 286.4
(Provisional) from 288.4 (Provisional) for the previous month due to
lower prices of fruits & vegetables and tea (9% each) and gram and
maize (1% each).  However, the prices of masur (9%), fish-marine (6%),
arhar (5%), wheat (4%), moong, barley and eggs (3% each), bajra and
coffee (2% each) and milk, ragi, jowar, rice, pork   and condiments &
spices (1% each) moved up.
The index for 'Non-Food Articles'  group rose by 2.7 percent to 256.3
(Provisional) from 249.5  (Provisional) for the previous month due to
higher prices of soyabean (16%), mesta (15%), niger seed   (8%),
tobacco and sunflower (7% each), gingelly seed (6%), raw rubber and
raw silk (3% each), fodder and sugarcane (2% each) and raw cotton,
rape & mustard seed, cotton seed and groundnut seed (1% each).
However, the prices of skins (raw) and castor seed (4% each) declined.
The index for 'Minerals' group rose by 0.6 percent to 591.6
(Provisional) from 588.1 (Provisional) for the previous month due to
higher prices of fire clay (37%), dolomite (34%), asbestos (20%),
gypsum (19%), chromite (14%), steatite (12%), felspar (10%),
phosphorite (7%), barytes (6%) and fluorite (1 %).  However, the
prices of vermiculite (39%), ochre (16%) and magnesite (2%) declined.

 3.   FUEL, POWER, LIGHT & LUBRICANTS (Weight 14.23%)
       The index for this major group rose by 1.8 percent to 351.5
(Provisional) from 345.2 (Provisional) for the previous month due to
higher prices of naphtha (21%), furnace oil (6%), bitumen, non-coking
coal  and light diesel oil (3% each) and coking coal (2%).  However,
the prices of aviation turbine fuel (4 %) declined.

4.   MANUFACTURED PRODUCTS (Weight 63.75%)
       The index for this major group rose by 0.7 percent to 213.0
(Provisional) from 211.5 (Provisional) for the previous month. The
groups and items for which the index showed variations during the
month are as follows:-
       The index for 'Food Products' group rose by 1.6 percent to 257.4
(Provisional) from 253.3 (Provisional) for the previous month due to
higher prices of sugar (7%), gur  and khandsari (4 % each), gingelly
oil and salt (3% each), atta, coconut oil  and ghee (2% each) and
butter, imported edible oil, cotton seed oil  and rape & mustard oil
(1% each).  However, the prices of soyabean oil and oil cakes (4%
each), skimmed milk powder (2%) and rice bran oil and bran (all kinds)
(1% each) declined.
The index for 'Beverages Tobacco & Tobacco Products' group rose by 0.1
percent to 311.0 (Provisional) from 310.7 (Provisional) for the
previous month due to higher prices of potable country liquor (1%).
The index for 'Textiles' group rose by 2.4 percent to 153.2
(Provisional) from 149.6 (Provisional) for the previous month due to
higher prices of cotton yarn-hanks (8%), woollen yarn (6%), polyester
staple fibre  and cotton yarn-cones (3% each), texturised yarn (2%)
and miscellaneous cotton cloth (1%).
The index for 'Paper & Paper Products' group rose by 0.1 percent to
204.2 (Provisional) from 203.9 (Provisional) for the previous month
due to higher prices of printing paper white (1%).
The index for 'Leather & Leather Products' group declined by 0.2
percent to 165.8 (Provisional) from 166.2 (Provisional) for the
previous month due to marginal fall in prices of footwear western
type.
The index for 'Rubber & Plastic Products' group rose by 0.5 percent to
169.7 (Provisional) from 168.8 (Provisional) for the previous month
due to higher prices of pvc fitting & accessories (7%), cycle tyres
(4%), cycle tubes (3%) and tractor tyres and giant tyres (1% each).
However, the prices of plastic items (15%) declined.
The index for 'Chemicals & Chemical Products' group rose by 0.5
percent to 230.5 (Provisional) from 229.3 (Provisional) for the
previous month due to higher prices of benzene and liquid injectables
other than vitamins (10% each),ointments (9%), p.v.c. resins
(5%),varnishes and acid (all kinds) (4% each), synthetic rubber,
tablets except vitamin & penicillin, purified terephthalic acid (pta)
and titanium dioxide (2% each), vitamin tablets (1%).  However, the
prices of epoxy resins (8 %), liquid chlorine and caustic soda (sodium
hydroxide) (4% each), carbon black and soda ash (sodium carbonate) (3%
each), calcium ammonium nitrate n-content (2%) and bopp film and
paints (1 % each) declined.
The index for 'Non-Metallic Mineral Products' group declined by 3.7
percent to 212.0 (Provisional) from 220.2 (Provisional) for the
previous month due to lower prices of cement (5%) and ceramic tiles
(1%).
The index for 'Basic Metals Alloys & Metal Products' group rose by 0.6
percent to 259.7 (Provisional) from 258.2 (Provisional) for the
previous month due to higher prices of steel ingots (13%), other iron
steel (7%), ms bars & rounds, basic pig iron and foundry pig iron (5%
each), zinc ingots and lead ingots (3% each), zinc (2%) and pipes &
tubes, aluminium ingots  and steel sheets, plates & strips (1 % each).
The index for 'Machinery & Machine Tools' group rose by 0.2 percent
to173.8 (Provisional) from 173.5 (Provisional) for the previous month
due to higher prices of switch gears  and enamelled copper wires (3%
each) and ring spinning & doubling frames (1%).  However, the prices
of power capacitors (1%) declined.

5.  FINAL INDEX FOR THE MONTH OF November, 2009
For the month of November, 2009 the final wholesale price index for
'All Commodities' (Base:1993-94=100) stood at 247.2 as compared to
245.4 (Provisional) and annual rate of inflation based on final index
stood at 5.55% as compared to 4.78%  percent (Provisional) reported
earlier vide press note dated 14/01/2010.

Next date of press release: 15/03/2010 for the month of February, 2010
Office of Economic Adviser, Ministry of Commerce & Industry, New
Delhi, 15/02/2010

This press release is available at our home page
http://eaindustry.nic.in
Annexure-I
Wholesale Price Index and Rates of Inflation

                                       Month of January, 2009
Commodities/Major Groups/Groups/Sub-Groups      Weight  WPI Jan.,
2010    Latest month over month Build up from March     Year on year
                       2008-09 2009-10 2008-09 2009-10 2008-09 2009-10
All Commodities 100.00  248.5   -0.35   0.81    1.51    8.90    4.95    8.56
Primary Articles        22.03   284.7   0.53    0.21    5.38    14.71   10.69   14.52
Food Articles   15.40   286.4   0.79    -0.69   7.59    17.47   11.02   17.43
Cereals 4.41    272.0   1.27    1.87    9.12    11.07   10.89   13.71
Rice    2.45    252.3   1.35    1.08    13.22   8.66    15.19   12.03
Wheat   1.38    279.8   1.12    3.67    4.37    14.58   5.27    14.86
Pulses  0.60    383.9   -0.45   2.40    7.68    41.50   13.57   45.64
Vegetables      1.46    240.9   0.75    -19.11  6.16    25.27   15.36   11.79
Potatoes        0.26    271.5   -9.60   -38.06  -21.72  34.47   -28.25  53.39
Onions  0.09    349.2   17.78   0.29    92.18   21.50   85.75   8.48
Fruits  1.46    314.2   4.21    0.45    10.21   8.49    18.63   5.86
Milk    4.37    266.4   0.69    1.25    6.47    12.98   8.14    13.99
Non-Food Articles       6.14    256.3   0.09    2.73    1.85    13.61   6.67    10.57
Fibres  1.52    232.7   -1.16   1.35    10.35   18.60   15.24   9.15
Oil Seeds       2.67    266.1   0.58    3.74    -1.10   12.28   7.18    10.05
Minerals        0.48    591.6   -1.04   0.60    -3.36   -12.39  29.27   -2.86
Fuel, Power, Light & Lubricants 14.23   351.5   -0.66   1.83    -3.72   9.50    -1.70   6.90
Liquefied Petroleum Gas 1.84    353.8   -1.52   0.26    12.13   0.40    12.13   -5.75
Petrol  0.89    246.7   -2.22   0.00    -2.07   10.04   2.41    0.04
High Speed Diesel Oil   2.02    481.4   -1.29   0.00    2.21    6.46    5.92    1.11
Manufactured Products   63.75   213.0   -0.60   0.71    1.94    6.18    5.27    6.55
Food Products   11.54   257.4   4.79    1.62    4.06    17.16   6.92    22.57
Sugar   3.62    266.1   3.98    7.34    13.96   47.59   16.90   58.96
Edible Oils     2.76    180.1   -0.98   0.11    -7.14   0.78    -0.11   -1.15
Beverages, Tobacco & Tobacco Product    1.34    311.0   1.08    0.10    8.04    3.01    8.91    4.26
Cotton Textiles 4.22    192.5   -0.80   4.00    14.40   12.11   15.54   11.14
Man Made Textiles       4.72    98.6    -1.71   0.82    -0.20   1.34    0.72    0.82
Wood & Wood Products    0.17    237.6   0.25    0.00    10.05   2.15    10.05   0.00
Paper & Paper Products  2.04    204.2   -0.82   0.15    5.55    0.15    5.39    -0.58
Leather & Leather Products      1.02    165.8   0.71    -0.24   3.10    -0.78   1.74    -2.18
Rubber & Plastic Products       2.39    169.7   0.24    0.53    2.32    1.31    2.32    1.37
Chemicals & Chemical Products   11.93   230.5   -2.65   0.52    1.38    7.16    2.45    8.01
Non-Metallic Mineral Products   2.52    212.0   -0.28   -3.72   0.89    -2.93   1.94    -1.72
Cement  1.73    207.5   -0.49   -5.38   0.18    -7.94   0.14    -6.28
Basic Metals Alloys & Metal Product     8.34    259.7   -4.24   0.58    -5.76   1.29    7.37    -2.59
Iron & Steel    3.64    292.9   -5.66   0.72    -10.25  1.56    8.29    -3.37
Machinery & Machine Tools       8.36    173.8   -0.98   0.17    2.50    0.81    2.68    0.93
Transport Equipment & Parts     4.29    175.8   0.00    0.00    2.81    0.23    2.69    0.17

INDEX NUMBERS OF WHOLESALE PRICES IN INDIA follows………

pk/raj/dk/kol/13:22 hrs.



--
Palash Biswas
Pl Read:
http://nandigramunited-banga.blogspot.com/

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