| Author |
Message |
    
Bob
Kurra Bewarse
Username: Bob
Post Number: 643
Registered: 03-2005
Posted From: 220.240.44.49
| | Posted on Wednesday, July 20, 2005 - 8:35 am: |    |
good discussion |
Proofdada
Bewarse ke Bewarse!
Username: Proofdada
Post Number: 27264
Registered: 03-2004
Posted From: 80.121.144.9
| | Posted on Tuesday, July 19, 2005 - 4:10 am: | |
foriegn exchange evaru babu negelect cheeseedi..ee economist cheppadu... |
Eeidlagolayenti
Pilla Bewarse
Username: Eeidlagolayenti
Post Number: 432
Registered: 03-2005
Posted From: 65.115.93.126
| | Posted on Thursday, July 14, 2005 - 3:50 pm: | |
And lets see what would have happened if the govt doesnot spend enough money and did not support the software industry..
lets say, it would have grown at a meagre 5-6% of national average and could have reached a couple of billion by now. and how much is domestic demand for this software? i see the number as 4.8b$, that means we would be spending 2b$ on buying them.(e.g.: hardware and semiconductors.. govt did not supported their growth in 80s, and what happens now? every other asian country makes them and we import them. ) |
Bhagatsingh
Pilla Bewarse
Username: Bhagatsingh
Post Number: 83
Registered: 07-2005
Posted From: 144.160.5.25
| | Posted on Thursday, July 14, 2005 - 3:43 pm: | |
enduku mama aa navvu. |
Truecolours
Desanike Pedda Bewarse
Username: Truecolours
Post Number: 6813
Registered: 11-2004
Posted From: 12.153.145.6
| | Posted on Thursday, July 14, 2005 - 3:41 pm: | |
 |
Eeidlagolayenti
Pilla Bewarse
Username: Eeidlagolayenti
Post Number: 431
Registered: 03-2005
Posted From: 65.115.93.126
| | Posted on Thursday, July 14, 2005 - 3:39 pm: | |
First one is from 2000, second one is from 2004. 
the market crash in 2000-2001 were not foreseen.
I am not defending nasscom, but thats how projections will be. if we maintain current growth..(IF). |
Bhagatsingh
Pilla Bewarse
Username: Bhagatsingh
Post Number: 82
Registered: 07-2005
Posted From: 144.160.5.25
| | Posted on Thursday, July 14, 2005 - 3:38 pm: | |
tc mama,
nuvvu last line okati thisukochi koedithe ela mama.
//e domestic IT market grew 23 per cent to $4.8 billion, including IT services of $4.2 billion and ITES-BPO of $0.6 billion. It will grow 25 per cent this year, Nasscom said. Overall industry will have to grow over 30 per cent to reach Nasscom's target of $50 billion by 2009.//
adi domestic market ki mama. bpo ki anukunta. |
Truecolours
Desanike Pedda Bewarse
Username: Truecolours
Post Number: 6812
Registered: 11-2004
Posted From: 12.153.145.6
| | Posted on Thursday, July 14, 2005 - 3:35 pm: | |
Lol 2 different reports from NASSCOM
Overall industry will have to grow over 30 per cent to reach Nasscom's target of $50 billion by 2009.
annual revenue projections for India’s IT industry in 2008 are US $ 87 billion by 2008.
Ivandee NASSCOM Proejection reports |
Eeidlagolayenti
Pilla Bewarse
Username: Eeidlagolayenti
Post Number: 430
Registered: 03-2005
Posted From: 65.115.93.126
| | Posted on Thursday, July 14, 2005 - 3:31 pm: | |
In 2004-05 (ending March 2005), Nasscom said, Indian IT exports grew 34.5 per cent to $17.2 billion (Rs 77,710 crore (Rs million) at Rs 45.18 to a dollar that IDC used).
BPO exports grew 44.5 per cent, Nasscom said, to touch $5.2 billion (Rs 23,494 crore). This year, Nasscom predicts ITES BPO exports to grow 40.4 per cent, while it expects overall industry growth of between 30 per cent and 32 per cent to take export revenues to $22.5 billion.
The domestic IT market grew 23 per cent to $4.8 billion, including IT services of $4.2 billion and ITES-BPO of $0.6 billion. It will grow 25 per cent this year, Nasscom said. Overall industry will have to grow over 30 per cent to reach Nasscom's target of $50 billion by 2009. |
Truecolours
Desanike Pedda Bewarse
Username: Truecolours
Post Number: 6810
Registered: 11-2004
Posted From: 12.153.145.6
| | Posted on Thursday, July 14, 2005 - 3:25 pm: | |
>>yup they are projections for year 2008, if it continues the growth rate.
projections kaadhu mama reality cheppu...
2004 matter cheppu neeku veelu ayuthee |
Eeidlagolayenti
Pilla Bewarse
Username: Eeidlagolayenti
Post Number: 429
Registered: 03-2005
Posted From: 65.115.93.126
| | Posted on Thursday, July 14, 2005 - 3:23 pm: | |
yup they are projections for year 2008, if it continues the growth rate.
Mind you software exports are services only(that means we are not exporting any of the natural resources). So, effectively, all the money we are getting from these exports is a +. |
Bhagatsingh
Pilla Bewarse
Username: Bhagatsingh
Post Number: 81
Registered: 07-2005
Posted From: 144.160.5.25
| | Posted on Thursday, July 14, 2005 - 3:18 pm: | |
niku telisthe cheppu maaya. |
Truecolours
Desanike Pedda Bewarse
Username: Truecolours
Post Number: 6808
Registered: 11-2004
Posted From: 12.153.145.6
| | Posted on Thursday, July 14, 2005 - 3:18 pm: | |
>>>ippudu villages lo internet ivvataniki govt. invest chesthonda mama, leka private companies chesthunnayya.
thelusukoo maaayyyaaa |
Bhagatsingh
Pilla Bewarse
Username: Bhagatsingh
Post Number: 80
Registered: 07-2005
Posted From: 144.160.5.25
| | Posted on Thursday, July 14, 2005 - 3:15 pm: | |
ippudu villages lo internet ivvataniki govt. invest chesthonda mama, leka private companies chesthunnayya. |
Truecolours
Desanike Pedda Bewarse
Username: Truecolours
Post Number: 6807
Registered: 11-2004
Posted From: 12.153.145.6
| | Posted on Thursday, July 14, 2005 - 3:12 pm: | |
Eeidlagolayenti mayya adhi 2008 kosam ichina report aaaa? |
Eeidlagolayenti
Pilla Bewarse
Username: Eeidlagolayenti
Post Number: 428
Registered: 03-2005
Posted From: 65.115.93.126
| | Posted on Thursday, July 14, 2005 - 3:08 pm: | |
The NASSCOM - McKinsey report on India's IT industry
According to a NASSCOM-McKinsey report, annual revenue projections for India’s IT industry in 2008 are US $ 87 billion and market openings are emerging across four broad sectors, IT services, software products, IT enabled services, and e-businesses thus creating a number of opportunities for Indian companies. In addition to the export market, all of these segments have a domestic market component as well.
Other key findings of this report are:
•Software & Services will contribute over 7.5 % of the overall GDP growth of India
•IT Exports will account for 35% of the total exports from India
•Potential for 2.2 million jobs in IT by 2008
•IT industry will attract Foreign Direct Investment (FDI) of U.S. $ 4-5 billion
•Market capitalization of IT shares will be around U.S. $ 225 billion
|
Truecolours
Desanike Pedda Bewarse
Username: Truecolours
Post Number: 6806
Registered: 11-2004
Posted From: 12.153.145.6
| | Posted on Thursday, July 14, 2005 - 3:05 pm: | |
Bulugu mama 
Ilaa chesthe argument entha sepu ayuna chesukovachu mama antheekaani vesina post loonchi points theesukochi argue chesthe emi chestham nuvve cheppu |
Keechakudu
Pilla Bewarse
Username: Keechakudu
Post Number: 121
Registered: 04-2004
Posted From: 216.59.202.160
| | Posted on Thursday, July 14, 2005 - 3:02 pm: | |
TC mama,
nuvvu cheppindi absolutely right no doubt about it
rendu parallel gaa kuda vellaali
kaani basic difference okati undi
governmental policies prakaaram Industry ni promote chesthunnaru whichever industry it may be, entreprenuers daani baaga use chesukuni resslts chupsithunnaruwhich is one side of the coin.
IT ki definite gaa undaalisna daanikinate ekkuva hype undi
vere vatiki ledu, since IT lo kuda services segment lo mana main strength undi because of educated human resources which is our main commodity
since middleclass ki idi baaga help avuthundi in the form of jobs kabatti deeniki baaga hype vachindi
inka agriculture ni develop cheyaalsina responsibility and minimum living standards ni develop cehyalsina responislity govt de, but daaniki sari aina strategy aithe ledu, its not like they give certain concessions to make it big and it will happen, software ki jariginattu
grassroot level lo chaala changes cheyaali daniki saraina strategy tevaali which is not posiible over nite, so we have to move on with the gains in hand and also plan for the future with all segments in mind
15 years lo ee matram change vachindi, inko1 years lo hopefully everything should be in place |
Bhagatsingh
Pilla Bewarse
Username: Bhagatsingh
Post Number: 79
Registered: 07-2005
Posted From: 144.160.5.25
| | Posted on Thursday, July 14, 2005 - 3:01 pm: | |
//>>globalisation ki kavalisindi mai ncomunication and govt. policies.
globalization ki kavalsindi avemi kadu, darren gadu kavali//
namratha exose chesina globalisatio nle mama. |
Bhagatsingh
Pilla Bewarse
Username: Bhagatsingh
Post Number: 78
Registered: 07-2005
Posted From: 144.160.5.25
| | Posted on Thursday, July 14, 2005 - 3:00 pm: | |
//development aapesi living standards develop cheyyamani anatamledhu..
rendu parallel gaa vellali antunna kaani alaa jaragatam ledhu..adhee nenu cheppedhi....
villages ki toilets lanti minimum standars thoo paatu internet kuda kavali..
toilets ni vadilesi internet ni thesthe labham ledhu....//
mama ante nuvvu anedi mana gove asalu living standards peragataniki rupee kuda invest cheyyatam ledu antava enti.
avi kuda slow ga develop avuthayyi..
better govt. concentrated more on it i nthe last 10 years because they dont want india to miss this chance .
if you miss it , some other country will catch it.
chance lu eppudu rav ukada maaya. |
Hemanthchowdary
Vooriki Bewarse
Username: Hemanthchowdary
Post Number: 3636
Registered: 04-2005
Posted From: 63.110.106.226
| | Posted on Thursday, July 14, 2005 - 3:00 pm: | |
>>globalisation ki kavalisindi mai ncomunication and govt. policies.
globalization ki kavalsindi avemi kadu, darren gadu kavali.  |
Bhagatsingh
Pilla Bewarse
Username: Bhagatsingh
Post Number: 77
Registered: 07-2005
Posted From: 144.160.5.25
| | Posted on Thursday, July 14, 2005 - 2:53 pm: | |
globalisation ki kavalisindi mai ncomunication and govt. policies.
aa comminication kavali ante ne kada mama it sector main ga panikivachedi. |
Truecolours
Desanike Pedda Bewarse
Username: Truecolours
Post Number: 6805
Registered: 11-2004
Posted From: 12.153.145.6
| | Posted on Thursday, July 14, 2005 - 2:52 pm: | |
inkokati nenu cheppedhi neeku artham kavatamledhu atleast nuvvu try cheyyatam ledhu....
development aapesi living standards develop cheyyamani anatamledhu..
rendu parallel gaa vellali antunna kaani alaa jaragatam ledhu..adhee nenu cheppedhi....
villages ki toilets lanti minimum standars thoo paatu internet kuda kavali..
toilets ni vadilesi internet ni thesthe labham ledhu.... |
Bhagatsingh
Pilla Bewarse
Username: Bhagatsingh
Post Number: 76
Registered: 07-2005
Posted From: 144.160.5.25
| | Posted on Thursday, July 14, 2005 - 2:52 pm: | |
mana majority forex reserves vachindi matram through IT mama. |
Bhagatsingh
Pilla Bewarse
Username: Bhagatsingh
Post Number: 75
Registered: 07-2005
Posted From: 144.160.5.25
| | Posted on Thursday, July 14, 2005 - 2:51 pm: | |
//emanna antee hardware revolution miss ayyamu antaru...
entha mandiki mama hardware or software nerchukuni work cheyyalani
untundi?
manam enthamandiki educate chesi mobilise cheyyagalam against their
willingness... //
vunna valle chestaru mama,
necessities kosam chestaru..
valla living standards penchokovataniki chestaru..
ikkada entha mandiki americalo real ga vundali ani vundi.
mari ikka vundatla manam, deni kosam food , money.
o.k naaa. |
Truecolours
Desanike Pedda Bewarse
Username: Truecolours
Post Number: 6804
Registered: 11-2004
Posted From: 12.153.145.6
| | Posted on Thursday, July 14, 2005 - 2:50 pm: | |
>>>mari ivi anni vunte anthaka mundu mana forex value zero vundi kada mama.
ante avi saripoled uani artham kada mama,
nenu indakee seppa kadha mama 
appudu globalisation reforms ivanni levu ani....
foreign exchange reserves undalantee avi undali...
Ippudu vaatithoo paatu IT undhi antheekaani IT valle foreign exchange reserves raaledhu... |
Bhagatsingh
Pilla Bewarse
Username: Bhagatsingh
Post Number: 74
Registered: 07-2005
Posted From: 144.160.5.25
| | Posted on Thursday, July 14, 2005 - 2:45 pm: | |
//textile goods, gems and jewelry, engineering goods, chemicals,
leather products.. //
mari ivi anni vunte anthaka mundu mana forex value zero vundi kada mama.
ante avi saripoled uani artham kada mama,
first of all nuvvu cheppinna living standards mida india oka ten years mundu or 15 years mundu dabbu petti vunte , indian economy anedi collapse ayyedi just like portugal.
nuvvu forex reserves gurinchi cheppinna point corecte,
kani the most advantage thing in having good forex excahnge is we can keep our currency stable.
if that is not stable , no investments will come to the country.
investemnts lekapothe asalu india lanti country ki chala kashtam mama.kadantavva.
india living standards mida invest cheyyali ante mundu economical ga develop avvali mama.
dani kosame ee globalisation and it sector will be used like catalyst for it.
the point is , no body is saying dont develop living standards. but you are saying are these hitech cities necessary and evaryting..
yes, they are definitely needed for a country like india.
we cannot stop those developemtns and start living standards.
living standards improve cheyyanlante chala dabbu kavali mama, india daggira antha dabbu vunda before 10 or 15 years..
india position cheppa kada , flighr lo gold pattukelli , oil thechukotam.
adi position. |
Truecolours
Desanike Pedda Bewarse
Username: Truecolours
Post Number: 6787
Registered: 11-2004
Posted From: 12.153.145.6
| | Posted on Thursday, July 14, 2005 - 2:06 pm: | |
>>>babu mee iddairki emi jarigindo naaku idea ledu
but lets have a fruitful discussion
TC mama, brief gaa nee opinion cheppu, with what you differ
brief gaa antee kastamemoo mama....indaka pedda post type chesa edhoo
nokkaboyu edhoo nokka motham •••••...
emi ledhu mama foreign exchange reserves fixed kaadhu mam volatile/unstable mama..
avi cheppukuni manam bayata credits kosam investments kosam try cheyyachu
kaani adhee mana development ani murisipokudadhu mama...
mana exports perigi GDP increase ayu rupee value perigithe appudu
manam happy feel avvali but okkosari foregn exhange reserves baaga
perigipoyu rupee strong ayuthe adhi manam bhayapadalsina vishyaam
emanna kotha plans untee work out chesukovalsina time but happy
gaa feel ayye sandarbham kaadhu..
andukee few months back mana foreign exchange reserves baaga periginappudu
prathi economist anna mata idhee..
Balapadi Bhayapeduthunna Rupaayu ani...
inkooti mana country loo gattiga globalisation and refoms start ayu 15 years
kaaledhu anthakumundu unnayanukoo but ee level loo encouragement and
foreign investments kosam redcarpets esindi ledhu....
last 10 years inka perigindi...same 10 years period loo mana country loo
IT and IT enabled services sector kuda perigindi...
usual gaa reforms start ayyaka exports peigayu, investments perigayu
foreign reserves perigayu so konthamandi ee investments peragatam
foreign reserves peragatam because of IT anukuntunnaru...
Definite gaa IT valla perigayu but motham IT vallanee antee mathram
nenu personal gaa oppukoonu antunna....
bayata countries loo IT jobs kakunda vere jobs chesevallu leraa mama?
Dubai loo mana vallu entha mandi unnaru akkada entha money
earn chesukuni india ki pamputhunnaru?
konni african countries loo complete gaa economy indians and chinese
chethullo undhi kaadantavaa? US thoo compare chesthe thakkuva ayuna
adhi income kaadhaa?
textile sector loo mana exports thakkuva mama?
coffeee, tobacco loo mana exports thakkuva unnayaa mama?
US ki manam IT thappa inka emi ivvatam ledhaa?
emanna antee hardware revolution miss ayyamu antaru...
entha mandiki mama hardware or software nerchukuni work cheyyalani
untundi?
manam enthamandiki educate chesi mobilise cheyyagalam against their
willingness...
vallaki against gaa educate chesebadulu vallaki istamayuna sector loo
inka latest technology or markets ni use chesukuni people ni
educate cheyyali....
still inka 60% people living in villages and depending on agriculture..
mana agriculture products chala market undhi aa area loo try cheyyalemaa?
China loo enni villages loo internet undhi mama? rural china eerojuki
infrastructure emi peddaga develop kaaledhu but valla GDP perigindi..
endukantee akkada unna products ki avi elantaivi ayuna entha chinanvi
ayuna bayata marketing chesukogaluguthunnaru....
mana main exoprt sectors
textile goods, gems and jewelry, engineering goods, chemicals,
leather products..
manam grow chesukuni main agriculture products
rice, wheat, oilseed, cotton, jute, tea, sugarcane, potatoes;
cattle, sheep, goats, poultry
IT IT idenaa mama entha sepu golaa? IT ki minchi avathala gola emi ledhaa?
drinking water ledhu AIDS fast gaa spread avuthunna countries loo
India number one place loo undhi....
official unemployment rate 10% undhi unoffcial 30% untundemoo...
2004 loo oka estimation prakaram labour force
agriculture 55%, industry 17%, services 28% unndhi....
55% ki main importance ivvali kadha mama...
approximately we have 483 millions labour force they are ready to work..
inka chala issues unnayu mama konthamandiki navvu ravachu naa points chusi
but personal gaa naaku mathram ivanni mundu issues anipisthundi mama... |
Tifosi
Vooriki Bewarse
Username: Tifosi
Post Number: 4846
Registered: 03-2004
Posted From: 208.37.228.208
| | Posted on Thursday, July 14, 2005 - 2:00 pm: | |
foreign exchange pattinchukokapote ela mama
for ex if infosys agrees to a 1000$ deal with a company and the rupee becomes stronger by 10% from the date the contract was signed ....by the time the project ends...the net income and profit projections will take a beating...this will inturn effect the stock price...
exporters and importers are the most effected. |
Bhagatsingh
Pilla Bewarse
Username: Bhagatsingh
Post Number: 73
Registered: 07-2005
Posted From: 144.160.5.25
| | Posted on Thursday, July 14, 2005 - 1:37 pm: | |
ENNI EXPORTS VACHINA , ANNI FIELDS LO THROUGH GLOBALISATION.
GLOBALISATION KI PROPER COMMINICATION KAVALI.
ADE KADA INDIA RECENT YEARS BAGA DEVELOP CHESINDI..
THERE IS NO PPOINT IN TELLING THAT STOP SOFTWARE BUSINESS AND START DEVELOPING MINIMUM LIVING STANDARDS. |
Bhagatsingh
Pilla Bewarse
Username: Bhagatsingh
Post Number: 71
Registered: 07-2005
Posted From: 144.160.5.25
| | Posted on Thursday, July 14, 2005 - 1:33 pm: | |
BOOTH MAMA
//DEVELOPMENT ANI THREAD VUND ICHUDU MAMA.// |
Bhagatsingh
Pilla Bewarse
Username: Bhagatsingh
Post Number: 70
Registered: 07-2005
Posted From: 144.160.5.25
| | Posted on Thursday, July 14, 2005 - 1:31 pm: | |
//During 2004-05, the leather industry had achieved the highest export growth of $2.38 billion (Rs 10,691 crore) against the target of $2.28 billion (Rs 10,263 crore) for 2004-05. //
DANI MEANING ENTI MAMA, LEATHER INDUSTRY SOFTWARE KANNA EKKUVVA CHESINDANA.
LEKA LEARTHER INDUSTRY LO ADI HIGHEST GROETH ANA. |
Keechakudu
Pilla Bewarse
Username: Keechakudu
Post Number: 118
Registered: 04-2004
Posted From: 216.59.202.160
| | Posted on Thursday, July 14, 2005 - 1:30 pm: | |
babu mee iddairki emi jarigindo naaku idea ledu
but lets have a fruitful discussion
TC mama, brief gaa nee opinion cheppu, with what you differ
also BS mama you also please state your opinion |
Truecolours
Desanike Pedda Bewarse
Username: Truecolours
Post Number: 6786
Registered: 11-2004
Posted From: 12.153.145.6
| | Posted on Thursday, July 14, 2005 - 1:29 pm: | |
During 2004-05, the leather industry had achieved the highest export growth of $2.38 billion (Rs 10,691 crore) against the target of $2.28 billion (Rs 10,263 crore) for 2004-05. |
Bhagatsingh
Pilla Bewarse
Username: Bhagatsingh
Post Number: 69
Registered: 07-2005
Posted From: 144.160.5.25
| | Posted on Thursday, July 14, 2005 - 1:29 pm: | |
nASSCOM VADI REPORTS CHUSTHE TELUSTHUNDI ENTHA
EXPORTS SOFTWARE MIDA. |
Bhagatsingh
Pilla Bewarse
Username: Bhagatsingh
Post Number: 68
Registered: 07-2005
Posted From: 144.160.5.25
| | Posted on Thursday, July 14, 2005 - 1:26 pm: | |
//>>>IF YOU THINK YOU ARE A GOOD ECONOMIST THAN MANMOHAN SINGH AND CHIDAMBARAM.
ITS UPTO YOU.
nenu ninnu personal gaa emanaledhu analantee nimisham pani.....pani sudu mastaru//
DANTLO PERSOANL EMI VUNDI BABU.
ANTHA FEEL AVVUTHUNANVVU. |
Bhagatsingh
Pilla Bewarse
Username: Bhagatsingh
Post Number: 67
Registered: 07-2005
Posted From: 144.160.5.25
| | Posted on Thursday, July 14, 2005 - 1:25 pm: | |
AKKADA EXPORTS GREW BY THIS PERCANTAGE ANI VUNDI ,
LIKE 24 PERCENT SOMETHING.
BUT HOW MUCH FOREIGN EXCAHNGE IT EARNED ANI LEDU.
SOFTWARE EXPORTS GREW BY PERCENTAGES ALWAYS IN 100 200 . |
Truecolours
Desanike Pedda Bewarse
Username: Truecolours
Post Number: 6785
Registered: 11-2004
Posted From: 12.153.145.6
| | Posted on Thursday, July 14, 2005 - 1:25 pm: | |
According to provisional data of April-October 2004, exports to the European Union (EU) grew by 22.7%; to USA by 24%; and to Asia and Oceania by over 42%. India's exports to Africa witnessed a growth rate of 25.6% and to the United Arab Emirates (UAE) exports grew by over 52%. |
Truecolours
Desanike Pedda Bewarse
Username: Truecolours
Post Number: 6784
Registered: 11-2004
Posted From: 12.153.145.6
| | Posted on Thursday, July 14, 2005 - 1:22 pm: | |
>>>IF YOU THINK YOU ARE A GOOD ECONOMIST THAN MANMOHAN SINGH AND CHIDAMBARAM.
ITS UPTO YOU.
nenu ninnu personal gaa emanaledhu analantee nimisham pani.....pani sudu mastaru |
Juyyi
Pilla Bewarse
Username: Juyyi
Post Number: 125
Registered: 07-2005
Posted From: 129.33.49.251
| | Posted on Thursday, July 14, 2005 - 1:22 pm: | |
vaarni y2 mayya nuvvaaa
nenu inka maa tambi bhavani emo anukunnaa |
Truecolours
Desanike Pedda Bewarse
Username: Truecolours
Post Number: 6783
Registered: 11-2004
Posted From: 12.153.145.6
| | Posted on Thursday, July 14, 2005 - 1:21 pm: | |
>>>YOU KNOW ALL THOSE FOREX EXCHANGE WE GOT IS MOSTLY FROM SOFTWARE EXPORTS.
The year 2004 witnessed a record surge in India's exports, with exports of merchandise goods registering the highest ever growth rate in over a decade of 24% in dollar terms during April-November 2004. With this rate of growth in 2004, Kamal Nath, Union Minister of Commerce and Industry, has said that India's exports for the full year 2004-05 would exceed the target of 16% to touch US $ 75 billion. Significantly, exports to all major destinations have shown record growth in 2004. According to provisional data of April-October 2004, exports to the European Union (EU) grew by 22.7%; to USA by 24%; and to Asia and Oceania by over 42%. India's exports to Africa witnessed a growth rate of 25.6% and to the United Arab Emirates (UAE) exports grew by over 52%. Bilateral trade with China during 2004 have crossed the $ 10 billion mark, while exports to Pakistan have trebled. Data for the past decade shows that the growth rate of India's merchandise exports in dollar terms in 1992-93 was 3.76%; in 1993-94 19.96%; in 1994-95 18.41%; in 1995-96 20.76%; in 1996-97 5.26%; in 1997-98 3.93%; in 1998-99 was - 4.50%; in 1999-2000 10.85%; in 2000-01 growth of 21.01%; in 2001-02 -1.65%; in 2002-03 20.29%; and in 2003-04 20.36%.
A comprehensive Foreign Trade Policy (2004-09) was announced by Shri Kamal Nath on 31st August, 2004 aimed at doubling India's share of global merchandise trade by 2009 and to act as an effective instrument of economic growth by giving a thrust to employment generation. The key strategies adopted in the Policy to enhance exports included simplification of procedures, reduction in transaction cost, neutralisation of incidences of all levies and duties on inputs used for export production, facilitating development of India as a global hub for manufacturing, trading and services, identifying and nurturing special focus areas like agriculture, handlooms, handicraft, gems & jewellery and leather, footwear etc. In addition, export promotion schemes like 'Vishesh Krishi Upaj Yojna' and 'Served from India' scheme to accelerate the growth of agriculture and service exports were announced. Besides, an Export Promotion Council has been set up for Services.
To bring down transaction cost of exporters during the year 2004, procedures were simplified, issue of import-export licences online promoted and various community partners like banks, customs and Directorate General of Foreign Trade (DGFT) were linked through Electronic Data Interface (EDI). Time limits were prescribed for issuance of various licences and related operations have been fully computerized in 32 regional offices of DGFT. At present approximately 70% import-export licences are being issued online. A recent survey done by the Exim Bank indicates that the transaction costs of Indian exports have come down significantly due to these initiatives taken by the government.
Three new Special Economic Zones (SEZs) were cleared during the year, viz., establishment of a SEZ by M/s. WIPRO Limited for software development and IT enabled services at Salt Lake Electronic City, Kolkata at an estimated investment of Rs.125 crore; and two new sector-specific SEZs for IT and automobiles and auto-parts respectively at Sedarper-Karasur (Pondicherry). With this, the number of SEZs have so far approved comes to 36. An SEZ Bill is also on anvil.
On the multilateral trade front, India took an active part in the revival of the Doha process by interacting with both the developing and the developed countries. As a result of these efforts, the Framework Agreement was adopted by WTO member countries in the General Council meeting in Geneva of the WTO on 1st August, 2004 ensuring that the negotiations were back on track. The Framework Agreement and the deliberations preceding it in which Shri Kamal Nath participated has provided necessary guidance and parameters for further negotiations before the next Ministerial Conference of the WTO is held in Hong Kong, China, in December 2005. India was able to achieve all her major objectives in this Framework Agreement, including in the crucial area of agriculture. With a view to safeguarding the interests of farming sector, India made concerted efforts with like-minded alliance on agriculture and the G-33 alliance on Special Products. This ensured that the elements and principles incorporated in the agreed framework on agriculture would lead to substantial reductions in trade-distorting domestic subsidies provided to their farm sector largely by the developed countries, a credible end date for elimination of their export subsidies and substantial market access improvements for products of export interest to developing countries.
Similarly, India negotiated successfully in the area of non-agricultural market access (NAMA), Services, and ensured that the Framework Agreement includes a firm commitment to addressing Implementation Issues and operationalisation of Special and Differential Treatment (S&DT) for developing countries on a time- bound basis. One of the significant achievements in the Framework Agreement was the removal of 3 of the 4 Singapore issues on which India had raised objections - namely Investment, Government Procurement and Competition.
While attaching prime importance to a fair and rule based multilateral trading system, the year saw the launch of fresh initiatives for regional free trade agreements or comprehensive economic cooperation agreements. During the year, India continued to engage in transforming the Preferential Trade Arrangement (PTA) with SAARC countries into a SAARC Free Trade Area (SAFTA), which would come into existence from 1st January 2006. Besides, an Early Harvest Programme in BIMST-EC which covers countries on the rim of the Bay of Bengal, negotiations with ASEAN countries collectively and with countries with Singapore individually are nearing completion. Negotiations for a PTA with MERCOSUR grouping of Latin America are complete and talks on an agreement with SACU (South Africa Customs Union) are on the anvil. |
Bhagatsingh
Pilla Bewarse
Username: Bhagatsingh
Post Number: 66
Registered: 07-2005
Posted From: 144.160.5.25
| | Posted on Thursday, July 14, 2005 - 1:20 pm: | |
NI PHONE NUMBER VUNTE THAMBHI ,
AJAYVVS@YAHOO.COM |
Juyyi
Pilla Bewarse
Username: Juyyi
Post Number: 122
Registered: 07-2005
Posted From: 129.33.49.251
| | Posted on Thursday, July 14, 2005 - 1:19 pm: | |
typing sese opikaledu tambi
fone sesinappudu adugu sepputa detailed gaa assala porex endi dani importance endi ani |
Bhagatsingh
Pilla Bewarse
Username: Bhagatsingh
Post Number: 65
Registered: 07-2005
Posted From: 144.160.5.25
| | Posted on Thursday, July 14, 2005 - 1:18 pm: | |
IF YOU THINK YOU ARE A GOOD ECONOMIST THAN MANMOHAN SINGH AND CHIDAMBARAM.
ITS UPTO YOU. |
Bhagatsingh
Pilla Bewarse
Username: Bhagatsingh
Post Number: 64
Registered: 07-2005
Posted From: 144.160.5.25
| | Posted on Thursday, July 14, 2005 - 1:18 pm: | |
AT ONE POINT OF TIME INDIA HAD TAKEN GOLD IN ONE PLANE TO USA AND KEPT AS MORTGAGE FOR GETTING OIL FROM GULF.
THAT IS THE POSITION OF INDIA BEFORE THIS SOFTWARE BOOM AND LIBERALISATION POLICIES HAVE STARTED. |
Bhagatsingh
Pilla Bewarse
Username: Bhagatsingh
Post Number: 63
Registered: 07-2005
Posted From: 144.160.5.25
| | Posted on Thursday, July 14, 2005 - 1:15 pm: | |
TC MAMA ,
YOU KNOW ALL THOSE FOREX EXCHANGE WE GOT IS MOSTLY FROM SOFTWARE EXPORTS.
INDIA CANNOT NEGELECT IT , AS IT ALREADY NEGLECTED HARDWARE BOOM AND THOSE WERE ENCHASED BY TAIWAN AND OTHER COUNTRIES. |
Bhagatsingh
Pilla Bewarse
Username: Bhagatsingh
Post Number: 62
Registered: 07-2005
Posted From: 144.160.5.25
| | Posted on Thursday, July 14, 2005 - 1:12 pm: | |
//but don't depend on something//
WHAT DO YOU MEAN BY DEPEND HERE ? |
Keechakudu
Pilla Bewarse
Username: Keechakudu
Post Number: 114
Registered: 04-2004
Posted From: 216.59.202.160
| | Posted on Thursday, July 14, 2005 - 1:11 pm: | |
10th largest economy prastutam India
developed countries ki avsaram ledu kaani manamu inka developing state lo ne unnaaam, chaala vaatiki bayata countries meda aadharapaduthunnaam
definite gaa manaki forex reserves avasaram
it's more like having a good credit score
we definitely need forex reserves |
Truecolours
Desanike Pedda Bewarse
Username: Truecolours
Post Number: 6782
Registered: 11-2004
Posted From: 12.153.145.6
| | Posted on Thursday, July 14, 2005 - 1:11 pm: | |
>>>RATHER THAN HAVING NOTHING.
Something is better than nothing but don't depend on something |
Bhagatsingh
Pilla Bewarse
Username: Bhagatsingh
Post Number: 61
Registered: 07-2005
Posted From: 144.160.5.25
| | Posted on Thursday, July 14, 2005 - 1:08 pm: | |
ARE THERE ANY DISADVANTAGES IF WE HAVE MORE FOREX RESERVES. |
Bhagatsingh
Pilla Bewarse
Username: Bhagatsingh
Post Number: 60
Registered: 07-2005
Posted From: 144.160.5.25
| | Posted on Thursday, July 14, 2005 - 1:08 pm: | |
EMI LEDU MAMA ,
EXAMPLE INDIA VUNDI.
MANA COUNTRY FOREIGN EXCAHNGE LAST TE NYEARS LO ALMOST IT CAME FROM 0 TO NOW ALMOST 125 BILLION NOW.
I DONT KNOW THE CURRENT FIGURE.
ASALU MANAMU EE FOREIGN EXCHANGE NI PATTINCHU KOVALA AKAKRALEDA.
IS IT NOT GOOD IF WE HAVE GOOD FOREX RESERVES ,
RATHER THAN HAVING NOTHING. |
Keechakudu
Pilla Bewarse
Username: Keechakudu
Post Number: 112
Registered: 04-2004
Posted From: 216.59.202.160
| | Posted on Thursday, July 14, 2005 - 1:04 pm: | |
 inkonchem detail gaa cheppu mama
discuss cheddaam |
Bhagatsingh
Pilla Bewarse
Username: Bhagatsingh
Post Number: 57
Registered: 07-2005
Posted From: 144.160.5.25
| | Posted on Thursday, July 14, 2005 - 1:00 pm: | |
developing country eppudu deenni pattinchukokudadhu..its an illusion....
this is basic rule from a economist point of view...
PLEASE POST YOUR IDEAS. |
