REQUEST FOR PARTICIPATION – India-Viet Nam Business Forum

ON MARCH 1, 2018 BY NARESH SAGARLEAVE A COMMENTEDIT

To
– Managing Committee Members
– Patron Members
– Promoter Chambers
– Corporate Associates
– Associated Chambers
– Ordinary Members

REQUEST FOR PARTICIPATION
 India-Viet Nam Business Forum
In Honour of 
H.E. Tran Dai Quang
President of the Socialist Republic of Vietnam

Saturday, 3 March, 2018

Dear Sir/Madam,

We are happy to inform you that, in association with Ministry of External Affairs ASSOCHAM  is Co-Organizing a Business Summit on the visit of  His Excellency Tran Dai Quang, President of the Socialist Republic of Vietnam .This high powered business delegation comprises of 100 officials and Business delegates from Vietnam.

The Programme details are as follows:
Day/Date:   Saturday, 3 March, 2018
Time:       1:30 PM (Registration) (Followed by Hi-Tea)
Venue:     Durbar Hall, Taj Diplomatic Enclave, Sardar Patel Marg, New Delhi.

India-Vietnam relations have been exceptionally friendly and cordial since their foundations. Bilateral trade between India and Vietnam has seen continuous growth over the past many years. India is now among the top ten trading partners of Vietnam, total trade between the two countries during April–Nov of fiscal year 2016-2017 was US$ 6244.92 million. The two sides agreed to set the target of bilateral trade at USD 15 billion by 2020.

The upcoming event is expected to further expand the cordial and cooperative relationship between India & Vietnam and build on the strong ties of friendship and trust between the two.

In view of the importance of this visit, we request you to kindly consider participate in the event. 

Please send us your confirmation for participation to:

Mr. Abhishek Kumar
Executive- International Affairs, ASSOCHAM
E: abhishek.kumar@assocham.com
T: 011-46550555,Ext-632  M: +91-7011074028 

Since the time is short, we look forward to your confirmation latest by 28th February, 2018

Please Note:

• Invitation Card is non-transferable.
• Please bring the Invitation Card and Envelope with you.
• Guest identification liable to be cross checked even after passing through metal detection.
• Please do not bring any weapon, briefcase, handbag, attache, camera, radio, transistor, tape recorder, remote car keys, binocular etc, or any other electronic item with you. These will not be permitted inside the venue. Organizers and the venue staff will not be responsible for any such belongings.
• Eatables and water will not be allowed inside the venue.
• Please be seated before 2.30 P.M.
• Please carry original photo ID issued by the Government (Driving License / Pan Card / Voter Card / Passport). No other photo ID card shall be entertained.

In case you are also requested to sponsor the event, please free feel to let us know.

With Kind Regards,

Yours Sincerely,

Deepti Pant
DIRECTOR
HEAD – International Affairs
The Associated Chambers of Commerce and Industry of India (ASSOCHAM)
“The Knowledge Chamber: Serving the Nation since 1920”
5, Sardar Patel Marg, Chanakya Puri, New Delhi-110021
T: +91-11-46550550 F: 23017008/9
W: www.assocham.com
E: international@assocham.com

Interaction with H.E. Iztok Mirošic, Deputy Minister Slovenia

ON MARCH 1, 2018 BY NARESH SAGARLEAVE A COMMENTEDIT

Interaction with
H.E. Iztok Mirošic, Deputy Minister of Foreign Affairs, Republic of Slovenia

6 March 2018: CII Headquarters, New Delhi

Mr Iztok Mirošic, Deputy Minister of Foreign Affairs, Republic of Slovenia, will be leading a Slovenian business delegation to New Delhi from 5-6 March 2018. The delegation will have a special focus on Construction & Engineering, Automobile Components and ICT.

During their visit, Confederation of Indian Industry (CII), in cooperation with the Embassy of Slovenia, is organising an Interactive session on 06 March 2018 from 1430 – 1545 hrs at the CII Headquarters, The Mantosh Sondhi Centre, 23, Institutional Area, Lodi Road, New Delhi.

Run Adam named Title Sponsor for 22nd Federation Cup

ON MARCH 1, 2018 BY NARESH SAGARLEAVE A COMMENTEDIT

New Delhi, 28th February, 2018: Athletics Federation of India announces association with Run Adam, a sporting talent app with a vision to help realise the dreams of athletes as sponsor for the 22nd Federation cup Sr. National Athletic Championships 2018 will be held from 5th to 8th March 2018 at NIS-NS, Patiala. This competition will serve as the final qualification trials for the 21st Commonwealth Games to be held at Gold Coast, Australia from 4th to 15th April 2018.

The announcement was made in the presence of Ms. Anju Bobby George (Olympian) and Neeraj Chopra (U20 IAAF World Champion, Javelin Throw).

Speaking about the association with Run Adam Mr. C.K. Valson, AFI Secretary said “India is abundant with sporting talent, associating with Run Adam who shares our vision to promote sporting talents will position India, a sporting giant in the international arena. This 22nd Federation cup which will be held from 5th to 8th March will set the tone for 21st Commonwealth Games to be held in Australia. Our association will be an important milestone in Indian sporting history.  I welcome Run Adam for establishing such sporting eco system which encourages athletes for the preparation in international events”.

Speaking on the association with Athletic Federation of India Mr. K. Yeragaselvan, CEO and MD of Run Adam, an avid sports enthusiast himself said “It gives us immense pleasure in associating with Athletics Federation of India in this 22nd Federation Cup Sr. National Athletic Championships 2018. Since it will serve as the final qualification trials for the 21st Commonwealth Games to be held in Australia it will be a dream for every athlete to represent our country in the international arena. Run Adam’s Vision is to bring the country’s sporting ecosystem under one umbrella to help solve the biggest challenges facing sporting talent”. Run Adam also sponsored Indian Grand Prix-1, the season opener of AFI, which was held yesterday at NS-NIS Patiala.

Events to be conducted at Run Adam 22nd Federation Cup Sr. National Championships- Patiala:

Men – 100m, 200m 400m, 800m, 1500m, 5000m, 10000m, 110mH, 400mH, 3000m SC, Long Jump, High Jump, Triple Jump, Pole Vault, Shot Put, Discus Throw, Hammer Throw, Javelin Throw, Decathlon

Women -100m, 200m 400m, 800m, 1500m, 5000m, 10000m, 100mH, 400mH, 3000m SC, Long Jump, High Jump, Triple Jump, Pole Vault, Shot Put, Discus Throw, Hammer Throw, Javelin Throw, Heptathlon

About Run Adam

Run Adam is an analytics-based sporting platform that empowers promising athletes, hand-holding them through every stage of their career. A 360-degree marketplace for sporting talent, Run Adam connects athletes to the sports ecosystem that can help them perform and excel. For more information, please visit www.runadam.com.

 IBO Association presentation about the scam, Loot continues

ON MARCH 1, 2018 BY NARESH SAGARLEAVE A COMMENTEDIT

Researchers Views further

 Indian Bank Officers Association gave presentation about the Banking Scams.

Indian Banks were FIRMLY Controlling Private Companies up to 1996 – Promoters equity directly could be 12% when RIL took over L&T and PSU Banks around 25% – plus there were Independent Directors and Government Appointed Directors. GSPC, NIRAV like Scam was impossible.

NDA-I & II Promoted TRADING IDEAS than INDUSTRY & FARMERS – Making $Billions Without Any Or Little VALUE ADDITION. Forwarding TRADING in Stocks -Commodities – PSU Banks Supported Such Speculative Activities On GOI-RBI Directions. Forwarding Trading in Food Commodities is 20-30 Times than Farmers Sales at APMC. 

In Diamond & Gold Trade Value Addition on average is 2% but Banks Provided 100% to 500% LONG TERM Loans That too Without Collateral. 

Ø 600m FARMERS Income Could Have DOUBLED or TRIPLED If They Shall Get even 15 month Crop Loans – Storing & Processing by Farmers. 

Ø Farmers add 80% Value, 200% After Storing & Processing Not Supported.

RIL alone Operated 500 Companies from its Corporate Head Office. DOING ONLY ‘FAKE’ FINANCIAL TRANSACTIONS.

ESSAR take Priority Loans With INCENTIVES for REFINERY but diverted money for TELECOM – JV – ESSAR-HUTCH which was valued @ $21b.

 Ministers Goyal, Gadkari & Prabhu Take Up UNVIABLE PROJECTS WITHOUT PROJECT REPORTS that may not be ready in 20-30 years – all PSU Bank Funded.

RBI Governor who as Director of GSPC – couldn’t see Rs.23,000 Cr Scam, No insist on ADHAAR LINK of Promoters of Companies.

 Nirav Modi & Mehul Chowksi Scams –

1.   There Was No Collateral against Rs.21,000 Cr worth BANK ROBBERY,

2.   No FACTORY Production – FAKE TRANSACTIONS – Zero Value Addition.

3.   No I.Tax was paid or Even Project Report made by Nirav Modi & Chowksi.

4.   No JOBS Created. Just lllegal Enrichment. 

5.   Money Transferred to Foreign Accounts – impossible to bring back.

6.   Banks were ROBBED.

Nothing of above Happened in case of Simbhaoli Sugar which is 85 Years old company [Founded 1933] Crushing 2.1 million tones of Sugarcane, reported Rs.881 Cr Turnover. Simbhaoli Sugar supported 1,50,000 Farmers-Labor since 1933. Merely diverting MONEY from one Account of Company to another is not a FRAUD-Scam.

 January 2018 India fiscal deficit stands at 113.7 % of actuals to BEs

ON MARCH 1, 2018 BY NARESH SAGARLEAVE A COMMENTEDIT

The gross fiscal deficit of the Central government stands at 113.7% of the actuals to budget estimates (BEs) at the end of January 2018 as compared to 105.6% of the actuals to budget estimates in the corresponding period of the previous year. The primary deficit was registered at 409.8% of the actuals to budget estimates at the end of January 2018 as compared to 382.0% of the actuals to budget estimates during corresponding period of the previous year.

Differentials in use of fiscal deficit space at the end of January 2018 vis-à-vis January 2017 (in%)

Source: PHD Research Bureau, compiled from Government of India accounts, Government of India

Note: The Fiscal deficit data pertains to the end of the respective month * indicates data at the end of respective financial year and are % of actuals to revised estimates

The revenue receipts at the end of January 2018 of the central government stands at 72.8% of the actuals to budget estimates as compared with 70.9% of the actuals to budget estimates at the end of January 2017.

                 Fiscal position for January 2018 vis-à-vis January 2017

Month	% of Actuals to Budget EstimatesFY2018*	% of Actuals to Budget Estimates FY2017*	% of Actuals to Budget Estimates FY2016*	% of Actuals to Budget Estimates FY2015*
April	37.6	25.7	23	21.4
May	68.3	42.9	37.5	45.3
June	80.8	61.1	51.6	56.1
July	92.4	73.7	69.3	61.2
August	96.1	76.4	66.5	74.9
September	91.3	83.9	68.1	82.6
October	96.1	79.3	74	89.6
November	112	85.8	87	98.9
December	113.6	93.9	87.9	100.2
January	113.7	105.7	95.8	107.0
February		113.4	107.1	117.5
March		100.1	99.5	99.6

Note: * Data pertains to the end of the respective month. *indicates data at the end of respective financial year and are % of actuals to revised estimates

The government’s market borrowing stands at 103% of the actuals to budget estimates at the end of January 2018 as compared with 114% of the actuals to budget estimates at the end of January 2017. The domestic financing stands at 112% of the actuals to budget estimates at the end of January 2018 as compared to 107% of the actuals to budget estimates at the end of January 2017. The external financing of the government stands at 486% of the actuals to budget estimates at the end of January 2018 as against 55% of the actuals to budget estimates at the end of January 2017. The total financing of the central government stands at 114 % of the actuals to budget estimates at the end of January 2018 as against 106% of the actuals to budget estimates at the end of January 2017.

  Sources of financing the deficit                                                                                  (%)

  Note: Data pertains to the end of January 2018 vis-à-vis January 2017

January 2018 India core infra stands at 6.7%

ON MARCH 1, 2018 BY NARESH SAGARLEAVE A COMMENTEDIT

The core infrastructure stands at 6.7% in January 2018 as against 4.2% in December 2017. The combined Index of Eight Core Industries stands at 133.1 in January, 2018, which was 6.65% higher as compared to the index of January 2017. Cement and Refinery products growth stands at 20.7% and 11% respectively in the month of January 2018.

Table 1: Sector wise trend in monthly production  (% growth)

Sector	Weight	Jan 18	Dec 17
Crude Oil	8.98	-3.2	-2.1
Natural Gas	6.88	-1.0	1.2
Petroleum Refinery Products	28.04	11	6.6
Coal	10.33	3	-0.1
Fertilizer	2.63	-1.6	3
Electricity	19.85	8.2	4.4
Cement	5.37	20.7	18.8
Steel	17.92	3.7	2.5
Overall	100	6.7	4.2

Major recruitment scam erupts

ON MARCH 1, 2018 BY NARESH SAGARLEAVE A COMMENTEDIT

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After Vyapam, a major recruitment scam erupts with State Selection Commission recruitments for Centre. #sscscam. These scams which cheat our youth of govt jobs are leading to unprecedented unrest & anger among our youth. But BJP only pushes divisive issues

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