Sunday, July 13, 2003, Chandigarh, India






National Capital Region--Delhi

THE TRIBUNE SPECIALS
50 YEARS OF INDEPENDENCE

TERCENTENARY CELEBRATIONS
B U S I N E S S

Aviation policy soon: Rudy
Mumbai, July 12
The Civil Aviation Policy and the fleet acquisition plan for both Air-India and Indian Airlines are expected to be completed within the next couple of months. “The ministry has already received views and comments on the policy ever since it has been placed on the website for discussions. 

Governor opens TiE chapter
Chandigarh, July 12
No state can progress without advances in technology, said the Punjab Governor and Chief Administrator, Chandigarh, Justice O.P. Verma, here today while declaring open the Chandigarh chapter of the IndUS Entrepreneurs.

Move to do away with H1-B visas
Washington, July 12
A quiet move is afoot in the US Congress to do away with the H1-B visa category that has benefited countries like India, particularly its software exports and IT professionals.

Kangra tea at its last gasp
Palampur, July 12
The cup that cheers is full of woes for hundreds of tea planters in the Kangra valley of Himachal Pradesh. Kangra tea, whose exquisite aroma had once placed it alongside the Darjeeling tea in international acceptance, is virtually gasping for survival. 

Adieu Beetle!

A 1970's promotional photograph from Volkswagen's historical archives shows two women and a VW Beetle

A 1970's promotional photograph from Volkswagen's historical archives shows two women and a VW Beetle. VW is ending production after almost 70 years of its Beetle this month with 3,000 of a limited final edition built at its Puebla plant. — Reuters



Former Miss World Lara Dutta
Former Miss World Lara Dutta displays jewellery designed by Poonam Soni at a fashion show in Mumbai on Thursday. — PTI

EARLIER STORIES
 

Staff bid for NFL gets no response
Ropar, July 12
The recent decision of the Cabinet Committee on Disinvestment regarding NFL threatens the existence of Nangal and Bathinda plants of the company. The CCD decided to allow the buyer of NFL to sell the properties of the company or shut any plant immediately after the takeover.

GRAPHIC: TOURIST ARRIVALS

AVIATION NOTES

Govt, industry need to work in unison
T
o stablise the twin industries of aviation and tourism following terrorism, war and SARS, the Foundation for Aviation and Sustainable Tourism (FAST) has recommended that the government, regulatory agencies and the industry must work in unison.

ROUND-UP

Forex reserves cross $ 82b
Mumbai, July 12

Reserving a two-week losing streak, the country’s forex reserves rose by $ 869 million to a new record high of $ 82,774 million during the week ended July 4.

  • US court dismisses Dr Reddy’s suit

  • Wockhardt to open more hospitals

  • Austrian energy drink in IndiaTop








 

Aviation policy soon: Rudy

Mumbai, July 12
The Civil Aviation Policy and the fleet acquisition plan for both Air-India and Indian Airlines are expected to be completed within the next couple of months.

“The ministry has already received views and comments on the policy ever since it has been placed on the website for discussions. We intend to freeze the policy now and set up a task force to present its report in one month”, Civil Aviation Minister Rajiv Pratap Rudy told reporters here today.

He said the policy would be to ensure a level-playing field for all, including private sector players.

Asked whether the government would spell out foreign sector participation in the policy, Rudy said “I will not like to comment at this stage. I will only endeavour that the policy, which has been in the making for quite some time, will see the light of the day”, he added.

“My priority will be to increase the capacity of Indian Airlines and Air-India and make them competitive, privatise, modernise and develop Delhi and Mumbai airports as world class hubs and speed up the reform process in the aviation sector”, he added.

He said the National Council for Applied Economic Research had been commissioned to provide an outlook on the domestic aviation sector including the issue of “affordability of fares”.

Rudy said the issue of the high tax on the aviation turbine fuel had also been taken up with the Finance Ministry as well as with the state governments so that “fares can be affordable”.

The Minister, who was here in connection with the meeting of the Parliamentary Consultative Committee attached to the Civil Aviation Ministry, also inaugurated Air-India’s international call centre to attend to customers in the USA and the UK.

The 24-hour centre would offer a wide range of services, including reservations, and is aimed at improving customer care and ensure speedier handling of calls with minimal waiting time.

According to an A-I official, the Centre would be expanded by December once the airline introduces new services.

The Minister pointed out that despite these adverse factors affecting the airline industry in general and AI in particular, the international carrier had reported a provisional net profit of Rs 88.55 crore during the period April, 2002, to February, 2003.

The passenger growth factor witnessed a 9.4 per cent growth while the overall load factor was 7.6 per cent higher than last year. After successfully carrying out the Haj operations in 2003, AI was gearing up to undertake Haj, 2004, movement with its own aircraft, he informed the meeting.

AI had also commenced operations between Lucknow and Jeddah effective May 21 last. The company will commence its fifth flight to Paris/New York and the frequency from Delhi to New York increased to six flights per week effective July 4. Seven new flights between India and West Asia were being operated effective May 25 till September 14 to cater to the peak season demand, he said. — PTI, UNI
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Governor opens TiE chapter
Tribune News Service

Chandigarh, July 12
No state can progress without advances in technology, said the Punjab Governor and Chief Administrator, Chandigarh, Justice O.P. Verma, here today while declaring open the Chandigarh chapter of the IndUS Entrepreneurs (TiE).

Speaking at the launch function at the CII, Justice Verma said although he felt “out of place” in a gathering of technocrats, yet he recognised the importance of technology in development.

Without technology, no state, however, rich in natural resources, can move forward.

Listing technology initiatives in the UT, the Administrator said Microsoft had entered into an agreement with the UT Administration to set up a centre for excellence.

TiE’s President-elect Sridhar Iyengar stressed the need for promoting entrepreneurship.

TiE members, a network of individuals with a common vision, played the role of mentors to help young entrepreneurs grow.

Punjab Chief Secretary Rajan Kashyap, making a presentation on Punjab’s infrastructure, fiscal position and government reforms, said the state government had levelled the field for entrepreneurs. “Now you have to do the sowing and nurturing work”.

Mr Pradeep Gupta, CEO, Cybermedia, highlighted the role of “inspiration, aspiration, perspiration and respiration” in creating a successful venture.

He said TiE was not confined to IT professionals. It is focussing on mentoring aspiring young entrepreneurs. 
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Move to do away with H1-B visas
Vasantha Arora

Washington, July 12
A quiet move is afoot in the US Congress to do away with the H1-B visa category that has benefited countries like India, particularly its software exports and IT professionals.

A Republican Congressman from Colorado, Tom Tancredo, has introduced a 15-line Bill proposing to eliminate all visas under the H1-B category, created in 1952 to provide the US economy with technically skilled foreign workers.

The Bill comes at a time of slump in the US economy and unemployment, resulting in an outcry against H1-B visas and tech jobs being shipped abroad, particularly to India, via outsourcing.

Tancredo, who is the Chairman of the Congressional Immigration Reform Caucus, had earlier also tried to limit H1-B visas without success.

Calling Tancredo's latest Bill as "an anti-immigration, anti-tech move disguised as an economic stimulus", Gopal Raju, Chairman of the Indian American Centre for Political Awareness (IACPA), said: "Congressman Tancredo has argued that current unemployment levels in the US warrant an outright cancellation of the H1-B programme in order to save those jobs for American engineers and programmers.

"This move is patently unfair and will not help unemployment. Rather it will cripple the high-tech and other technical industries and undercut the American hi-tech industry's ability to be a competitive global leader."

In a statement issued in New York, Raju said, "There is little evidence that these jobs can be filled immediately by permanent residents and citizens.

These jobs would most likely be outsourced, further hurting the economy by removing a substantial tax base." — IANS
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Kangra tea at its last gasp
Pratibha Chauhan
Tribune News Service

Palampur, July 12
The cup that cheers is full of woes for hundreds of tea planters in the Kangra valley of Himachal Pradesh.

Kangra tea, whose exquisite aroma had once placed it alongside the Darjeeling tea in international acceptance, is virtually gasping for survival. Desolation and despair are writ large over the picturesque valley, where tea plantations not only enhanced its natural grandeur but also provided succor to thousands.

If it was the great 1905 Kangra earthquake, which made all European tea planters desert their estates, it is the recession in the market which is forcing the planters to stop cultivation and close down production. Some of these tea gardens are more than 120 years old.

The Kangra tea can be cited as the most glaring example of the new WTO regime playing havoc with the local industry. With tea imports getting cheaper and low-priced foreign tea from Sri Lanka, China, Vietnam and Kenya flooding the Indian market, the Kangra tea is finding it hard to get buyers in the international market.

As tea prices crashed, the industry is no longer viable for the planters, who are finding it difficult to compete due to the increased cost of inputs. No wonder three tea factories at Baijnath, Bir and Sidhpur, operating in the cooperative sector, have been forced to down shutters in the valley.

Until 1905, Kangra tea was rated the finest in the world for its quality and flavour. In 1993, Kangra tea fetched Rs 215 per kg, which is the highest price so far fetched by it in the Kolkata market. It was awarded a Gold Cup at an exhibition in London in 1886.

The lopsided government priorities have compounded the problems of the planters as they have failed to grasp the ground realities. Virtually flying off on a different tangent, the previous BJP government sought to bring private investment for enhancing the area under tea cultivation.

“Instead of ameliorating the condition of the existing planters of a failing industry, it is amazing how the government thought of giving land on lease to private investors under the pretext of extending area under tea to non-traditional areas,” quips Mr Navin Bhandari, owner of Drang tea estate and who was heading the now-closed Sidhpur tea industry.

Though the move to lease out land to private investors in the non-tea growing areas of Chamba, Baijnath and Mandi had been mooted by the previous BJP regime, but it is only now that the case is being pushed forward.

“We identified 2,742 hectares in Chamba, 1,169 hectares in Kangra and 1,126 hectares in Mandi and divided it into zones, for being leased out to private parties,” informed Mr Surinder Thakur, Tea Technical Officer here.

On the other hand, the Cooperative Minister, Mr Kuldeep Kumar, said the government’s policy of inviting private investment would be reviewed. “We will ensure that this invitation to private parties to extend tea to non-traditional areas does not become a backdoor entry for those who are otherwise barred from buying land in Himachal, as per the law,” he clarified.

Another contentious issue among the tea growers is the selective permission being granted for the sale of land under tea.

The Sibhpur cooperative tea factory, which closed more than a year ago, owes more than Rs 60 lakh to growers and workers. The position in other closed tea factories is more or less the same.

While there are more than 1,600 tea planters in Kangra district, the total area under the crop is estimated to be 2,063 hectares. More than 15,000 persons in Kangra are dependent on the tea industry.

Tea growers are eagerly awaiting incentives or financial package from the state government to revive the ailing tea industry.
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Staff bid for NFL gets no response
Our Correspondent

Ropar, July 12
The recent decision of the Cabinet Committee on Disinvestment (CCD) regarding NFL threatens the existence of Nangal and Bathinda plants of the company. The CCD decided to allow the buyer of NFL to sell the properties of the company or shut any plant immediately after the takeover.

Earlier a condition of five years was laid for private buyers for closing or selling off the NFL plants or properties.

Mr Gurmail Singh, coordinator of the Coordination Committee of the NFL Employees Union here today alleged that by taking the decision the government had illustrated that it was playing in the hands of the corporates.

The Nangal and Bathinda plants of NFL had old fuel-oil based technology. The cost production in these plants was much higher than new gas-based plants. With the efforts of Chemicals and Fertilizers Minister Sukhdev Singh a condition was added that any buyer of NFL would have to run the old plants for five years.

The condition was added to protect the interests of the workers of the company.

However, now the condition has been waived. Any new buyer would not run the loss-making Nangal and Bathinda plants. Mr Gurmail Singh also alleged that the Ministry of Disinvestment was not giving any response to the bid of workers of NFL for its stake.

The workers had submitted their expression of interest to the Ministry on May 22. Along with the expression of interest, the workers had demanded the information about the company that had been supplied to the private bidders and the rules and regulations for bidding.

However, till date the ministry had not supplied them any information.
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AVIATION NOTES

by K.R. Wadhwaney

Govt, industry need to work in unison 

To stablise the twin industries of aviation and tourism following terrorism, war and SARS, the Foundation for Aviation and Sustainable Tourism (FAST) has recommended that the government, regulatory agencies and the industry must work in unison.

They should weigh the problem, determine its reach and agree on measures to minimise deficiencies. Working in isolation is counter-productive of growth of civil aviation.

The FAST is of the belief that men and machinery have to work in harmony where safety and security aspects are concerned. Exemptions and exceptions from the security should be minimised. The use of the invisible eye or close circuit TV to monitor the movements of persons in sensitive areas will be rewarding only when men are performing their duties in accordance with the standards that have been laid down.

Because of unstable scenario and enhanced security, the passengers are called upon to spend more time in terminal buildings before boarding the plane.

In view of this development, authorities like the Airports Authority of India have to take adequate measures so that the passengers are able to spend time in terminal buildings without getting bored or irritated.

Security, safety and facilitation are key factors in the present day aviation.

It is, therefore, imperative for the Civil Aviation Ministry to speed up its decision-making procedures.

British Airways

British Airways has unveiled its newly-designed terminal building at New York’s JFK International Airport.

The £160-million terminal is ultra modern, aimed at giving passengers a smoother travel experience.

Several other carriers have upgraded their system and facilities to woo passengers. India is still caught at the drawing board. There is more talk than action.

British Airways Chairman Lord Marshall remarked: “The new state-of-the-art terminal marks airline’s significant investment in and commitment to air travel on both sides of the Atlantic”.

British Airways is also trying to increase its schedule of flights ex-India, particularly from South India.

In contrast, India’s progress in this regard is negligible, if at all. 

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ROUND-UP

Forex reserves cross $ 82b

Mumbai, July 12
Reserving a two-week losing streak, the country’s forex reserves rose by $ 869 million to a new record high of $ 82,774 million during the week ended July 4.

The RBI weekly statistical report showed that the growth in the forex reserves were mainly contributed by the surge in foreign currency assets which moved up by $ 844 million to $ 79,075 million, while the remaining $ 25 million was factored by the increase in gold reserves to $ 3,698 million from $ 3,673 million.

The special drawing rights (SDRs), however, remained unchanged at $ 1 million.

Forex reserves which were at its previous record high of $ 82,421 million on June 13 this year, had dropped by $ 516 million in the following two weeks, before rising again by $ 869 million in the last week.

In the fiscal year, forex reserves registered an increase of $ 7,346 million while it gained a whopping $ 12,329 million since January 1. — UNI

US court dismisses Dr Reddy’s suit

NEW DELHI: Dr Reddy’s (DRL) has said the United States District Court for the District of New Jersey dismissed the company’s suit seeking a declaratory judgement that its sertraline product did not infringe Pfizer’s ‘699 patent.

The US court declined to hear the case stating that DRL had not demonstrated a reasonable apprehension of suit by Pfizer and that in any event Pfizer needed more time to investigate whether DRL’s sertraline product infringed Pfizer’s ‘699 patent, the domestic drugmaker giant said in a statement here yesterday.

Dr Reddy’s indicated that it intended to provide Pfizer with whatever information Pfizer needed and, if necessary, to renew its suit thereafter. — UNI

Wockhardt to open more hospitals

BANGALORE: The Wockhardt group plans to invest Rs 400-500 crore to establish new super speciality hospitals in Delhi, Mumbai, Kolkata and Bangalore in the next three years, a top official of the Rs 1,200 crore entity said today, it Chairman H.F. Khorakiwala told reporters here.

Wockhardt Hospitals, which has a long-term strategic association with Harvard Medical International, the international arm of Harvard Medical School, currently operates in three cities. This new cluster of hospitals, for which investment in the first phase slated to be completed in two years is Rs 100 crore to Rs 120 crore, would have a bed capacity of 400, Khorakiwala said. — PTI

Austrian energy drink in India

CHENNAI: Austrian energy drink ‘Power Horse’ was launched here today, mainly targeting the consumer class under increased physical and mental stress.

The drink is currently being imported but a manufacturing plant will be set up in India once the market demand justified it, company Chief Executive Officer Franz J. Krispel told reporters here. — UNI
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BRIEFLY

Khadi exhibition
Fatehabad, July 12
The Haryana Khadi Village industries Board (KVIB) will organise an exhibition and fashion show for the Khadi products at Hotel Riverview at Tohana in this district on July 15. Mr Amar Singh, Director of the KVIB will be the chief guest while Dr R.B. Langyan, Deputy Commissioner, Fatehabad, will preside over. M/S Rajshree Enterprises, Ambala will sponsor the event, according to a spokesperson of the enterprise. — OC

SBP-Maruti pact
Chandigarh, July 12
The State Bank of Patiala today launched a scheme SBP-Maruti finance scheme here which was inaugurated by Mr J.R. Devgan, General Manager (Operations) of the bank. More than 50 Branch Managers and 25 Maruti dealers participated in a workshop besides Mr Salil Misra, Deputy General Manager, Mr P.K. Goyal, Assistant General Manager and Mr V.A. Ghai, Assistant General Manager. — TNS

Rallis India MD
Mumbai, July 12
V.S. Sohoni has been appointed Managing Director of Rallis India Ltd, following the resignation of Rajeev Dubey. Sohoni, a non-Executive Director with the company, was previously the Managing Director of Pharmacia India Pvt Ltd, Rallis India said in a statement here today. — PTI

Honda Siel
Nashik, July 12
Honda Siel Cars India Ltd further powered its West India growth strategy by opening its first dealership here yesterday. The new dealership by Rushabh Motors Pvt Ltd was inaugurated by H. Yamada, President and CEO of the company. — UNI

Apollo Hospitals
Mumbai, July 12
Apollo Hospitals Enterprises Ltd has sent notice to shareholders seeking approval for giving corporate guarantee in favour of Infrastructure Development Finance Corporation Ltd (IDFC) for an amount of Rs 15.75 crore on behalf of its Ahmedabad Subsidiary, Akshaya Apollo Hospitals Ltd. — UNI
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