Spending of money is vital in this recession market .It is good to ses heavy spending happened in this recession market .I am not saying that there should be election everytime but my point is who ever comes to power must spend on 1.Rural Infra --30% of total allocation on infra 2. Roads and housing 40% of total budget
3.Rural health--10% of total health budget
4. SMEs in rural India --loan by Banks at 2 % interest
High spending on above sector only will create demands and demands will create more supply ,services .I can say this election spending at least created demands for Ad agencies,paper ,consumer durables ,telephone,auto ,steel ,increasing earning of rural populations
Spending of money is vital in this recession market .It is good to ses heavy spending happened in this recession market .I am not saying that there should be election everytime but my point is who ever comes to power must spend on 1.Rural Infra --30% of total allocation on infra 2. Roads and housing 40% of total budget
3.Rural health--10% of total health budget
4. SMEs in rural India --loan by Banks at 2 % interest
High spending on above sector only will create demands and demands will create more supply ,services .I can say this election spending at least created demands for Ad agencies,paper ,consumer durables ,telephone,auto ,steel ,increasing earning of rural populations
KOLKATA: Buddhadeb Bhattacharjee’s Bengal was well ahead of Narendra Modi’s Gujarat in attracting foreign direct investment between January and October 2008 and, in fact, achieved the top slot in FDI approvals during the period. This should be further solace to the chief minister after the approval of PCPIR in Haldia. But Bengal’s glory, a historic first, was possible for a single FDI proposal of more than Rs 3,000 crore by MCC PTA Ltd, a subsidiary of Mitsubishi Chemicals. The company is pumping in the money to increase the capacity of its Haldia plant by 8 lakh tons.
According to figures of the Department of Industrial Policy and Promotion (DIPP), the state attracted Rs 3,700 crore during the period, which is 27% of the total FDI in the country in these 10 months.
But for FDI injection by MCC PTA, the story would have been different for Bengal with its second biggest FDI approval being only for Rs 191 crore in the financial services sector by Societe Beaujon Paris, an AXA group company. Besides, there were FDI approvals of proposals from Carlsberg of Denmark, one of the leading beer companies in the world, Transcend Infrastructure of Singapore, a company promoted by NRIs, Microsec and Bharat Connect.
Nevertheless, the DIPP statistics has assumed great significance as the share of the state in FDI inflow from April 2000 to October 2008 was only a meagre 1.57%. The combined FDI inflow to West Bengal
Re: News in
by Vinal Gandhi on May 12, 2009 01:01 PM
Dear Allex, your post says it all. If the single direct investment of 3000 crores is put aside, the balance is a paltry 800 crores. Besides, FDI approvals is one thing and their implementation is another thing. WB was on the eye of many industrialists under the Buddhadeb government but the unfortunate developments in Nandigram and then Singur has cast a palpable shadow of doubt in Investor's minds. There has been resistance from people of Lalgarh and from other areas too. We hope things get sorted out. Development should be all around and not confined to few sttes. A strong West Bengal will be an asset to the nation. Question is, will the quarreling political parties allow the people of West Bengal the fruits of development?
Re: News in
by allex on May 12, 2009 12:26 PM
The combined FDI inflow to West Bengal since 2000 is only Rs 5,209 crore. The 2008 figure is almost 70% of the total FDI inflow to the state in nine years. Financial experts feel that West Bengal may continue its good run in 2009 if PCPIR materialises.
Elaborating on the details, DIPP sources said that after being on top for many years, Maharashtra has been swept to the second spot with an FDI inflow of Rs 3,165 crore. Delhi is in third place with Rs 2,277 crore.
Andhra Pradesh and Gujarat have managed 4th and 6th spots respectively.The joint MD of MCC PTA, D P Patra, said it proves the commitment of the company towards Bengal. Parag Mitra, the joint venture partner of Carlsberg, said that it is a remarkable development because it is the first FDI in liquor industry in the entire region. NEWS IN TOI 13.02.2009
Re: Re: News in
by Rationalist on May 12, 2009 12:58 PM
People vote for perception and not facts. If they are really benifited by these black & white data which Communists are good at coocking, they will be benifited.
Communists are NO LESS than organised mafia. They are extremely organised at the local level to suppress anyone thru so called 'cadres'. They are reaping insecurities of the lower strata of the society and minorities and not giving them any thing what so ever. Opportunits NO.1 to tieup with either Muslim parties in Kerala or Congress at centre for so called plank of SECULARISM
Re: Communists - biggest mafia
by Ramakrishnan on May 12, 2009 12:42 PM
cpm is not intersted in the development of country or state. They ensure poor people are remained as poor so that they will be utilized as a vote bank and can for used for hartals or strikes. That is the reason they are against development. They are concerned only development of party and acquire assets for party and for their leaders. Prakash Karat is a good leader but surrounded by corrupt and mafia leaders. They ruined bengal after ruling 30 years
Re: Re: Communists - biggest mafia
by DEV ASHISH on May 12, 2009 12:55 PM
Agree....in any case any "real" cadre based party is bound to give rise to dictatorship only..
The leftists may lose some seats but I still feel WB will elect more MPs from Left parties then TMC or Congress. I have been a frequent visitor to WB and have found that the Leftists have strong to very strong presence in all the villages of WB and in India rural population still outnumbers urban population by wide margin. Besides, Mamata is a loose canon and considering what she has done to Singur, many urban people will not vote for her. Granted, Left parties may still lose some seats but they will win major number of seats unlike Kerala where internal fighting has taken a heavy toll on the leftists prospect.
Re: Re: I think Leftists will still emerge vistorious in WB
by anup roy on May 12, 2009 12:49 PM
'Winds of Change' has made not only CPM but all the parties in left front, quite uneasy. Now wait for the result and watch their SAMBA-SAMBA.
not only the govt but people but the are also against development. I think they are satisfied with what they are. otherwise can you imagine anybody ruling a state for 32 years and doing nothing. how can the people keep quite? event the best of the talents in all the fields are moving out of WB.
Re: quite
by hiral joshi on May 12, 2009 12:22 PM
This is possible when a rigged democracy is enacted and penetrated in to governance. Where people are more emotional this system can work quite successfully. West Bengal is its example.
yes, this time bengal needs BJP. so people should look for change! Calcutta starts with C so they were voting for Communist, which starts with C! but Bengal starts with B, so they shud vote for BJP! hehehehe! kaisa hei logic?? pasand aaya?
