C.Ranagarajan ,chairman of Prime Minsiter Economic Advisory Council (PMEAC) has cut the growth estimation for the present financial year to 6% as compared to 6.7% predicted in the past.he alo expressed hope that growth would witness recovery during the second half with the help of good agriculture produce and some gain in induatrial activities in the key infrastructural areas. Industrial output in the april-august period this year was 0.4 percent,down from 5.6 percent in the same period in the year 2011-2012.Rangarajan said that the growth would recover on the second half on the back of good agriculture produce and some pick up activities in the key infrastructural areas.Economic growth in India should be driven by manufacturing sector,which can boost job creation according to Arun Maira,planning commision of India.Maira said that if India wants to achieve high growth levels,sustainable and inclusive development is need of the hour.Moreover a talented,skilled and motivated workforce value for not just any particular organisation,but also for a nation.
Wednesday, 31 October 2012
Wednesday, 24 October 2012
Manufacturing Sector in India -Part 4
India’s
manufacturing sector was steady last month (September 2012) as it enjoyed
support by stronger manufacturing growth and climbing export orders, according
to survey. HSBC Chief Economist for India and the ASEAN Leif Eskesen
said, “Economic activity in the manufacturing sector held steady supported by
faster output growth and rising export orders. The opinion of
some of the business analysts are India will witness considerable rise in
manufacturing cost due to the threat from high food prices and sticky inflation
in India. Since government has clarified that economy will grow at 6.5% during
FY13 and inflation will vary around 7.5-8%, manufacturing cost will impact the
productivity of other sectors. Dr GS
Juneja, chairman, task force on MSME, PHD Chamber of Commerce and Industry,
said, “The cost of manufacturing will grow. The sector will face some problems
as manufacturing cost will raise the cost of other sectors as well.” Prime Minister's
Economic Advisor C Rangarajan said that Centre
stated that it is taking initiatives to redress the situation of poor
industrial growth.
Wednesday, 17 October 2012
Manufacturing Sector in India -part 3
The
manufacturing sector’s contribution to India’s GDP is considered low when
compared to other Asian economies (in which manufacturing contributes more like
25 to 34 percent to GDP) and is seen as not fulfilling its potential. To remedy
this, the recently released National Manufacturing Policy has set clear
objectives to harness the sector for economic growth, including an emphasis on
FDI and foreign technologies. FDI in multi brand may be problem for
manufacturing sector because domestic retailers source domestically.
International retailers operate on the principle of buying internationally at
the cheapest cost. Majority items to be sold by international retailers are
going to be sourced from cheaper manufacturing economies like China. Clothes,
shoes, toiletries and other items of daily use are not likely to bear the
Indian signature. The fall in manufacturing sector jobs is likely. India needs to improve manufacturing sector, so
as to enable us develop into low cost manufacturing economy. For this, we need
to improve infrastructure, low cost utilities, competitive interest rates and
trade facilitation. If India improves manufacturing sector, FDI won’t go
to other economies to source products.
Tuesday, 16 October 2012
Let Me Die A Youngman's Death by Roger Mcgough
the sheets holywater death
not a famous-last-words
peaceful out of breath death
When I'm 73
and in constant good tumour
may I be mown down at dawn
by a bright red sports car
on my way home
from an allnight party
Or when I'm 91
with silver hair
and sitting in a barber's chair
may rival gangsters
with hamfisted tommyguns burst in
and give me a short back and insides
Meaning of the poem
The poet is conveying that he wants to have a
young man’s death. The line “not a clean and in between the sheets holy water death” means
that he don’t want to be in between the
sheets and holy water to be poured over his body. The next line “not a
famous-last-words peaceful out of breath death”
means that he don’t want to say famous words when he is going to be out of breath.
The next stanza “When I'm 73 and in constant good tumour may I be mown down at
dawn by a bright red sports car on my way home from an all night party “ means
that when he is 73 and having tumour he will be down at dawn that he can’t go
in a bright red sports car after an all night party.The next stanza” Or when
I'm 91 with silver hair and sitting in a barber's chair may rival gangsters with
hamfisted tommyguns burst in and give me a short back and insides” means that
when he is 91 with silver hair and sitting in a saloon then if rival gangsters
with tommyguns come he can’t do anything other than getting a short in the back
and inside by them. The second and third stanza of the poem shows the pathetic
situation of the poet when he is old.
Monday, 15 October 2012
"When it rains" by Nabaneeta Dev Sen
When it rains it
seems the room itself turns blue, trembles
and falls like rain, as if endless time coming from nowhere
fills the room, as if endless wind blowing in
carries the room to the riverbank;
turning into a boat, I float
I get soaked; swaying, shivering, I keep
moving; in the distance one can see the line where
the river meets the sea, as if
all around waves hiss, as if there’s nobody around
anywhere as if a profound sobbing chokes the throat
as if terrifying harsh sobs strangle
the room – By what strange magic
the ten directions sparkle in a moment,
as if everything will revert
to its real shape, as if all is a dance,
all is rhythm, all is tinted light –
Awakening and seeing the rain, sometimes it’s
like this, then I pray Oh sky
break up the room and give me more rain!
and falls like rain, as if endless time coming from nowhere
fills the room, as if endless wind blowing in
carries the room to the riverbank;
turning into a boat, I float
I get soaked; swaying, shivering, I keep
moving; in the distance one can see the line where
the river meets the sea, as if
all around waves hiss, as if there’s nobody around
anywhere as if a profound sobbing chokes the throat
as if terrifying harsh sobs strangle
the room – By what strange magic
the ten directions sparkle in a moment,
as if everything will revert
to its real shape, as if all is a dance,
all is rhythm, all is tinted light –
Awakening and seeing the rain, sometimes it’s
like this, then I pray Oh sky
break up the room and give me more rain!
By Nabaneeta Dev Sen
This poem is about how a
person feels when raining. The author wrote this poem with his superb imagination,
we should feel his wordings which he used for this poem, then we realize the
real rain, let us look into this poem how he started this poem, and he is
saying that when rain is coming, it gives us feeling of room itself filed with
rain water, heavy wind is taking our room to the river bank and entering into a
boat. The author felt like floating, soaking, swaying, shivering, moving .By covering
a distance like this, river met with sea. There was nobody with him anywhere. There
was a sound of crying which choked his throat. He has prayed god to break up
the room and give more rain by a strange magic there if everything will revert
to its real shape.
Really author wrote it
very well. It will give us the feel of rain when you read it. The author has
good imagination power .He used that skill very well to write this poem.
"What is hope" by Vineet Bansal
What is hope.................?
What hope means
Hope is bright shining light which keeps darkness at the bay
Hope is gentle cold breeze on a hot summer day
Hope is to remain positive when going gets tough
hope is seeking more when others think u had enough
What hope means
Hope is dreaming of tomorrow
Hope is simmering under sorrow
Hope is sparkles when tears in our eyes
Hope is a beautiful thing & beautiful things never dies
What hope means
Hope is as light as a feather
Hope keeps all of us together
Hope is ubiquitous and free of cost
hope is the last thing ever lost.....
Hope is bright shining light which keeps darkness at the bay
Hope is gentle cold breeze on a hot summer day
Hope is to remain positive when going gets tough
hope is seeking more when others think u had enough
What hope means
Hope is dreaming of tomorrow
Hope is simmering under sorrow
Hope is sparkles when tears in our eyes
Hope is a beautiful thing & beautiful things never dies
What hope means
Hope is as light as a feather
Hope keeps all of us together
Hope is ubiquitous and free of cost
hope is the last thing ever lost.....
By Vineet Bansal
This poem is about what
is hope in author’s perception, he gave different meaning to hope in this poem.
The author is comparing hope with bright shining light which means hope is
something that keeps you happy and takes all the bad away. He is saying that
hope is like someone making you smile on a bad day, like a refreshing wind on a
hot day, saying hope makes you happy. Then hope keep you going and positive
when things are getting tough for you like in any critical situations or
problems in life if you have hope, it can bring you away from that problems. Hope
never let you give up when others think that you have given up something which
is not possible to continue .Hope will give you that push for you to continue,
and dream of tomorrow. It is a relief, something that keeps you going, when you’re
sad.Hope will never let you
in sorrow or sadness, it will never let you give up and it will always be there
for you. `
It is very easy to
understand this poem and at the same time it is very meaningful for everybody.
I like this author,
because he wrote this poem simply without using any tough words, anybody can
understand this poem by reading it.
Monday, 8 October 2012
Manufacturing sector in India -part 2
By
2012, it is estimated, based on current economic projections, that this sector
will employ a further 12–13 million out of nearly 89 million additional people
who will enter the workforce. Studies have estimated that every job created in
manufacturing has a multiplier effect, creating 2–3 jobs in the services
sector. In a country like India, where employment generation is one of the key
policy issues, this makes this sector a critical sector to achieve
inclusiveness in growth. The key drivers of the huge growth of
the manufacturing companies in India are due to the multinational companies.
They are famous worldwide and contribute a lot in the economy of the country. India
is one of fastest growing in automobile industries. The increasing need for
automobiles in India made many of the foreign automobile manufactures to
manufacture their products in India. Companies like Volkswagen have provided
job opportunities in plenty. Maruti Suzuki India started
production at its Manesar plant, which faced labour troubles recently, will
return to normal by the middle of
this month.
India is
quickly rising as a worldwide manufacturing hub with a huge number of companies
changing their manufacturing base to the country. Furthermore, India has the
largest number of companies, outside of Japan, that have been recognized for
excellence in quality.
Management Report of Fun Republic Mall,Coimbatore
Fun Republic Mall is
located on Prime Location of Coimbatore at Avanashi Road in Peelamedu, This
mall is surrounded by densely populated residential areas. It is also close to colleges
which provide as a major attraction for the college students.
It was formally opened to the customers
from 2nd week of august but it was not opened as a finished mall but a mall
under construction and the mall’s construction is still going on.
PROBLEMS:
1. There are some problems
which are being faced by the customers coming to the mall. The mall doesn’t
have a ramp which makes it difficult for those who are movement impaired.
2. McDonalds is unable to
control the inflow because of which, they are losing many valuable customers. There
are many customers who are facing the difficulty of getting drinking water when
they feel thirsty. For getting water they have to go to a food court or
McDonalds.
3. Reliance fresh is
providing groceries which are not fresh because of which customers are not
fully satisfied.
4. Customers are being
charged parking fees for their vehicles which are not refundable after shopping
in the mall. However in Brookefields Mall customers can show their bills to
avail parking fee exemption.
FEATURES:
1. It is noticeable that
there are some good features appreciated by many customers, that in this mall
it is easy for customer to get a overview of shops by standing from top floor. It
is also easy to walk around the shops
2. It is the only place where
McDonald is available in Coimbatore.
3. Reliance Mart in Fun
republic have over 20,000 products ranging from food and produces to grocery,
consumer electronics to stationery and toys, personal care products such as
fragrance and cosmetics to auto accessories. The other products available
include apparel, furniture, furnishings, and home ware, kitchenware, luggage
and travel accessories.
FEEDBACK
FROM CUSTOMERS:
1. There are some feedbacks given
by a few customers that they are happy by coming to this mall, one of the
customers was comparing this mall with Brooke fields mall in Coimbatore claimed
it was not up to the standards held by the former. Another customer who
compared it with Bangalore malls felt that this mall is yet to improve a lot
like improving the quality of groceries in reliance mart, parking facilities,
children games. Another customer felt that the price is quite high compared to other
Malls.
2. A Few customers are
expecting some more brands to come in this mall .Many college students are expecting
Fun cinemas to be opened soon.
RECOMMENDATIONS:
1. They should have
consolidated maps in ground floor for getting the directions of shops easily.
2. They should have at least
one ATM counter.
3. McDonalds should have more
space to accompany the inflow of customers.
4. They should have water
filter in every floor.
5. They should have ramp at
entry point so that it will be easy for handicapped people.
6. They should have games
arena like bowling, video games, kids game etc.
7. They should improve
overall appeal.
CONCLUSION:
As
an overview, Fun Republic mall is a great hangout place for Coimbatore people.
It shows that Coimbatore is developing like metropolitan cities .It is one of
the indicators which show that Coimbatore people are having good purchasing
power
Sunday, 7 October 2012
Manufacturing Sector in India-Facts and Analysis
Manufacturing sector is the backbone of any economy which plays a vital role in India’s economic growth. India must strengthen its manufacturing sector in order to create new employment opportunities and to achieve faster rates of economic growth. As we came through various information, we found that India is a young country with over 60% of population in the working age group of 15 to 59 years. Today, the manufacturing sector contributes about 15% of India’s GDP.India is basically agriculture based country, so we need to look into agriculture, how it involves to improve manufacturing sector, it is important to improve agriculture efficiency, so that there will be higher flow of jobs to the manufacturing sector. For manufacturing to grow more, we need supportive infrastructure environment. We found a society called SIAM-Society of Indian Automobile Manufacturers is the apex industry body representing 46 vehicle and vehicular engine manufacturers in India. There are many societies like this which acts as a major communication between government and manufacturers.
Indian manufacturing sector still suffers from bottlenecks like
1. Use of primitive technology
2. Poor infrastructure
3. over staffed operation
4. Expensive financing and bureaucracy.
A business survey showed on Monday, Growth in India's manufacturing sector eased to a nine-month low in August as export orders fell for a second month, underscoring the risks to the wider economy from Europe's debt crisis. Manufacturing mainly depends on power, but recently sixteen states in northern India fell into darkness last month as power grids collapsed, disrupting businesses and economic activi
So, it is important to keep in mind, Government must take some initiatives to improve the infrastructure and agriculture sector to boost manufacturing industries growth.
So, it is important to keep in mind, Government must take some initiatives to improve the infrastructure and agriculture sector to boost manufacturing industries growth.
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