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Sunday, 23 September 2012
Sunday, 26 August 2012
Friday, 11 May 2012
Wednesday, 2 May 2012
blue nile n white nile
***The difference between them is their color. The Blue Nile, which begins in the mountains of Ethiopia, starts off with a bright blue color. As it passes through Sudan, however, it picks up black sediment that gives it a darker hue.
*** While The White Nile, which begins in the forests of Rwanda and flows through Lake Victoria, is a whitish-gray color, due to the light gray sediment it carries.
***Although the White Nile is longer than the Blue Nile, the Blue Nile carries around two-thirds of the Nile's water supply.
***The two Nile tributaries join together near the city of Khartoum, and when the Nile River reaches Egypt, it divides into two branches, known as the Damietta on the right and the Rosetta on the left, which empty into the Mediterranean Sea.
Saturday, 28 April 2012
Sunday, 15 April 2012
What is foreign investment?
What is foreign investment?
Any investment flowing from one country into another is foreign investment. A simple and commonly-used definition says financial investment by which a person or an entity acquires a lasting interest in, and a degree of influence over, the management of a business enterprise in a foreign country is foreign investment. Globally, various types of technical definitions — including those from IMF and OECD — are used to define foreign investment.
How does the Indian government classify foreign investment?
The Indian government differentiates cross-border capital inflows into various categories like foreign direct investment (FDI), foreign institutional investment (FII), non-resident Indian (NRI) and person of Indian origin (PIO) investment.
Inflow of investment from other countries is encouraged since it complements domestic investments in capital-scarce economies of developing countries, India opened up to investments from abroad gradually over the past two decades, especially since the landmark economic liberalisation of 1991. Apart from helping create additional economic activity and generating employment, foreign investment also facilitates flow of technology into the country and helps the industry to become more competitive.
Why does the government differentiate between various forms of foreign investment?
FDI is preferred over FII as it is considered to be the most beneficial form of foreign investment for the economy as a whole. Direct investment targets a specific enterprise, with the aim of increasing its capacity or changing its management control. Direct investment to create or augment capacity ensures that the capital inflow translates into additional production.
In case of FII investment that flows into the secondary market, the effect is to increase capital availability, rather than availability of capital to a particular enterprise. Translating an FII inflow into additional production depends on production decisions by someone other than the foreign investor — some local investor has to draw upon the additional capital made available via FII inflows to augment production.
In case of FDI that flows in for the purpose of acquiring an existing asset, no addition to production capacity takes place as a direct result of FDI inflow. Just like in case of FII inflows, in this case too, addition to production capacity does not result from the action of the foreign investor — the domestic seller has to invest the proceeds of the sale in a manner that augments capacity for the foreign capital inflow to boost domestic production.
There is widespread notion that FII inflows are hot money — that creates volatility in the stock market and exchange rates. FDI tends to be more stable than FII inflows. Moreover, FDI brings not just capital but also better management and governance practices and, often, technology transfer. The know-how transferred along with FDI is often more crucial than capital per se. No such benefit accrues in case of FII inflows, although the search by FIIs for credible investment options has tended to improve accounting and governance practices among listed companies.
According to the Prime Minister’s Economic Advisory Committee, net FDI inflows amounted to $8.5 billion in 2006-07 and is estimated to have gone up to $15.5 billion in 2007-08. The panel feels FDI inflows would increase to $19.7 billion during the current financial year. FDI up to 100% is allowed in sectors like textiles or automobiles while the government has put in place foreign investment ceilings in case of sectors like telecom (74 per cent). In some areas like gambling or lottery, no foreign investment is allowed.
According to the government’s definition, FIIs include asset management companies, pension funds, mutual funds, investment trusts as nominee companies, incorporated/institutional portfolio managers or their power of attorney holders, university funds, endowment foundations, charitable trusts and charitable societies.
FIIs are required to allocate their investment between equity and debt instruments in the ratio of 70:30. However, it is also possible for an FII to declare itself a 100 per cent debt FII in which case it can make its entire investment in debt instruments. There are peculiar cases like airlines where foreign investment, including FII, is allowed to the extent of 49 per cent, but FDI from foreign airlines is not allowed.
What restrictions do FIIs face in India?
FIIs can buy/sell securities on Indian stock exchanges, but they have to get registered with stock market regulator Sebi. They can also invest in listed and unlisted securities outside stock exchanges if the price at which stake is sold has been approved by RBI. No individual FII/sub-account can acquire more than 10 per cent of the paid-up capital of an Indian company.
All FIIs and their sub-accounts taken together cannot acquire more than 24 per cent of the paid-up capital of an Indian Company, unless the Indian Company raises the 24 per cent ceiling to the sectoral cap or statutory ceiling as applicable by passing a board resolution and a special resolution to that effect by its general body in terms of RBI press release of September 20, 2001 and FEMA Notification No.45 of the same date.
In addition, the government also introduces new regulations from time to time to ensure that FII investments are in order. For example, investment through participatory notes (PNs) was curbed by Sebi recently.
Any investment flowing from one country into another is foreign investment. A simple and commonly-used definition says financial investment by which a person or an entity acquires a lasting interest in, and a degree of influence over, the management of a business enterprise in a foreign country is foreign investment. Globally, various types of technical definitions — including those from IMF and OECD — are used to define foreign investment.
How does the Indian government classify foreign investment?
The Indian government differentiates cross-border capital inflows into various categories like foreign direct investment (FDI), foreign institutional investment (FII), non-resident Indian (NRI) and person of Indian origin (PIO) investment.
Inflow of investment from other countries is encouraged since it complements domestic investments in capital-scarce economies of developing countries, India opened up to investments from abroad gradually over the past two decades, especially since the landmark economic liberalisation of 1991. Apart from helping create additional economic activity and generating employment, foreign investment also facilitates flow of technology into the country and helps the industry to become more competitive.
Why does the government differentiate between various forms of foreign investment?
FDI is preferred over FII as it is considered to be the most beneficial form of foreign investment for the economy as a whole. Direct investment targets a specific enterprise, with the aim of increasing its capacity or changing its management control. Direct investment to create or augment capacity ensures that the capital inflow translates into additional production.
In case of FII investment that flows into the secondary market, the effect is to increase capital availability, rather than availability of capital to a particular enterprise. Translating an FII inflow into additional production depends on production decisions by someone other than the foreign investor — some local investor has to draw upon the additional capital made available via FII inflows to augment production.
In case of FDI that flows in for the purpose of acquiring an existing asset, no addition to production capacity takes place as a direct result of FDI inflow. Just like in case of FII inflows, in this case too, addition to production capacity does not result from the action of the foreign investor — the domestic seller has to invest the proceeds of the sale in a manner that augments capacity for the foreign capital inflow to boost domestic production.
There is widespread notion that FII inflows are hot money — that creates volatility in the stock market and exchange rates. FDI tends to be more stable than FII inflows. Moreover, FDI brings not just capital but also better management and governance practices and, often, technology transfer. The know-how transferred along with FDI is often more crucial than capital per se. No such benefit accrues in case of FII inflows, although the search by FIIs for credible investment options has tended to improve accounting and governance practices among listed companies.
According to the Prime Minister’s Economic Advisory Committee, net FDI inflows amounted to $8.5 billion in 2006-07 and is estimated to have gone up to $15.5 billion in 2007-08. The panel feels FDI inflows would increase to $19.7 billion during the current financial year. FDI up to 100% is allowed in sectors like textiles or automobiles while the government has put in place foreign investment ceilings in case of sectors like telecom (74 per cent). In some areas like gambling or lottery, no foreign investment is allowed.
According to the government’s definition, FIIs include asset management companies, pension funds, mutual funds, investment trusts as nominee companies, incorporated/institutional portfolio managers or their power of attorney holders, university funds, endowment foundations, charitable trusts and charitable societies.
FIIs are required to allocate their investment between equity and debt instruments in the ratio of 70:30. However, it is also possible for an FII to declare itself a 100 per cent debt FII in which case it can make its entire investment in debt instruments. There are peculiar cases like airlines where foreign investment, including FII, is allowed to the extent of 49 per cent, but FDI from foreign airlines is not allowed.
What restrictions do FIIs face in India?
FIIs can buy/sell securities on Indian stock exchanges, but they have to get registered with stock market regulator Sebi. They can also invest in listed and unlisted securities outside stock exchanges if the price at which stake is sold has been approved by RBI. No individual FII/sub-account can acquire more than 10 per cent of the paid-up capital of an Indian company.
All FIIs and their sub-accounts taken together cannot acquire more than 24 per cent of the paid-up capital of an Indian Company, unless the Indian Company raises the 24 per cent ceiling to the sectoral cap or statutory ceiling as applicable by passing a board resolution and a special resolution to that effect by its general body in terms of RBI press release of September 20, 2001 and FEMA Notification No.45 of the same date.
In addition, the government also introduces new regulations from time to time to ensure that FII investments are in order. For example, investment through participatory notes (PNs) was curbed by Sebi recently.
Sunday, 25 March 2012
Some Important Govt. Programme And Policies and Committees
Some Important
Govt. Programme And Policies and Committees
(1) Prerna:- The
‘janasankhya sthirata kosh (national population
stabilization
fund) has to promote & under take activities aimed at achieving population
stabilization at a level consistent with the needs of sustainable economic
growth. Social development and environment protection by 2045
• Prerna is a
responsible for parenthood strategy. It is monetary incentive strategy aimed at
pushing up the age of marriage of girls and delay the birth of the first child.
(2) National Rural Health Mission:-Lunched
in April 2005 the mission seeks to provide universal access to equitable,
affordable and quality health care which is accountable and at the same time
responsible to the needs of the people.
• It also aims to achieve the goals set out
under the national policy and the millennium development goals during the
mission period.
(3) Rashtriya Swasthya Bima Yojna:-Launched
by ministry of labour & employment, govt of India to provide health
insurance coverage for BPL families.
• Beneficiaries are entitled to
hospitalization coverage up to Rs 30,000 for most of the disease that require
hospitalization.
(4) National Food
Security Mission:-Sponsored
scheme launched in august 2007.
• Objective is to
increased production and productivity of wheat, rice and pulses.
(5) 15
Point Programme:-In Oct 2009 govt decided to include 3 more schemes in the
Prime minister’s new 15 point programme for the welfare of minorities.
Those
are: -
•
National rural drinking water programme.
•
Urban infrastructure developed scheme for small and medium town.
•
Urban infrastructure and governance scheme.
(6) Bharat Nirman Yojna:- It
is a time bound business plan for action in rural in infrastructure .Under
Bharat nirman , action was proposed in the areas of:-
I. Irrigation.
II. Rural housing.
III. Rural water supply.
IV. Rural electrification.
V. Rural telecommunication
connectivity.
(7) National Mission On Education:-It is a mission in which
education is provide through information and communication technology.
“SAKSHAT” one stop education portal was launched on Oct 30 2006 by the
president of India.
• Head of National knowledge commission:-Sam Pitroda.
(8)Right To Education Act 2009:- Article 21-(A), as inserted by the
constitution (86th Amendment Act) 2002, provides for free and compulsory
education of all children in the age group of 6 to 14 years as a fundamental
rights. Consequently the parliament has enacted this in April 2009.
Salient features:-
(a) Free and
compulsory education 6 to 14 age group.
(b) Will apply to
all India except J&K.
(c) Provide for
25% reservation for economically disadvantaged communities in admission in
private school.
(d) A child who
completes elementary education (up to class 8) shall be awarded a certificate.
(9) Female Literacy:-It is a scheme to provide education &
related facilities to ST Students launched by ministry of trial affairs in dec
11, 2009.
(10) Anil Kalkaska Committee on reforms in IITS:-it will suggest reforms to make these elite
institutions a global brand.
(11) Yashpal Committee Report:- It was set up in 2008 for higher education
and research.
• It has
suggested the scrapping of all higher education regulatory /monitoring bodies
and creation of a super regulation.
• It also
recommended that the deemed university status be abandoned and that all
deserving universities be either converted into full fledged universities or
scrapped.
(12) National Rural Livelihood Mission:-Ministry of rural development and panchyati raj
proposed to restructure the existing swarnjayanti gram swarojgar yojna into
rural livelihood mission to have a focused approach to rural poverty
eradication in a time bound manner.
• Objective is to
reduce poverty among rural BPL by promoting diversified and gainful self
employment and wage employment opportunities which would lead to an appreciable
increase in sustainable basis.
(13) NREGA Renamed After Mahatma Gandhi:- On Oct 2, 2009.
(14) Chandra
Sheker Panel:- on the recomandation of a committee headed
by cabinet secretary K.M Chander shaker. Centre had increased the pension for
retired service man.
(15) Rajiv Awas
Yojna:-Ministry of housing and urban poverty
alleviation had launched the housing project called the Rajiv awas yojna for
slum dwellers and the urban poor.
• Aimed at making India slum free in the next
five years.
(16) Government
Gave 50% Women’s Quota: - For women in urban local bodies from 33 %
to 50 % by the 108th const. amendment act.
(17) B.K
Chaturvedi panel to resolve the inter ministrial issues to
speed up the ambitious national highways development project taken up by the
road transport and highway ministry.
(18) Librahan Commission:- It was set up in dec 16 ,1992 by the Narashima
Rao govt. to probe the demolition of Babri Mosque. The commission was initially
asked to give a report in three months, however it could do so only after over
16 years that saw 39 sitting and 48 extensions, finally on June 30 2009 it gave
the report.
(19) S.D. Tendulkar Committee:-It is to estimate poverty in the country. It’s
said that about 38% of the country’s population are living below poverty line.
This figure is 10% higher than the present poverty estimate of 28.5 % by the
planning commission.
(20) Moily Panel:- For administrative reform commission it is the
2nd administrative reform commission.
(21) Unique Identification Authority:- Chairman of UID is Nandan Nilekani. He revealed
that the first set of 16 digit unique identification number for citizen of the
country will roll out by the end of 2010.
• The UIAI is a
part of the planning mission of India.
• AADHAR:-UIDAI
now new name AADHAR and also a logo.
• AADHAR or foundation through
through which the citizen can claim his/her rights and establishment when
assumed of equal opportunities as symbolized by the logo which has the halo of
the sun in the imprint of a thumbs.
(22) M.S swami Nathan Panel:- It’s recommendation is on coasted management
zone.
(23) G.T Nanavati-Akshay Mehta judical
commission:- Probing the
Godhra train carnage and post Godhra riots.
(24) Justice B.N Srikrishna is the head of the committee on Telangana
issue. The committee is requested to submit its report by dec 31, 2010.
(25) Census 2011:-15th national census of India. President
being first person to share her details. First census was conducted in 1872.
(26) D.P Wadhawa Committee On PDS:-Established by the Supreme Court to give
recommendation on the reform of public distribution system.
(27) Rajiv Gandhi Grammeen LPG Vitarak Yojna:- Union petroleum and natural gas ministry
inaugurated this scheme for providing liquefied petroleum gas to the rural
house hold at Lachhman ghar in sikar district of Rajasthan .
• Under the
scheme it is proposed to increase the number of connection to 16 crores with
coverage of 75% of population by 2015.
(28) Punchhi Commission:-Commission on centre state relation. It was
constituted in April 2007. It was ask to make recommendation to help address
the emerging challenges faced by the nation regarding centre state relation.
Before this in
mid 1980’s the SARKARI commission had undertaken a comprehensive review of the
center state relation.
(29) National Integration Council:-The Govt. has reconstituted it which will be
chaired by prime minister. Set up in the early 60’s by Nehru.
(30) E.R Rammohan Committee on Dantewada
Massacre of CRPF personal.
(31) ICDS:-Integrated
child development service launched on 2nd Oct 1975.
• It is the world
largest programme for early child hood.
• The objective
is to improve the nutritional and health status of children in the age group of
0-6 years.
(33) Green India Mission:- Ministry of environment and forests and the
defense research and development organization have launched the mission.
• The aim is to
bring a million heacter of high altitude, cold desert
ecosystem under
cultivation by 2020.
(34) Pradhan
Mantra Adarsh Gram Yojna:- It was launched in Rajasthan Sriganga nagar
district.
• Aim at
integrated development of 1,000 villages where a majority of the population
belongs to the schedule caste.
• It is a replica
of U.P’s Ambedkar village scheme.
(35) Jawaharlal
Nehru National Solar Mission:- Objective -Generation of 20000 mw of solar
energy in three phases by 2022.
• Under this
govt. aims to add at least 1000 mw solar power by the end of 2013.
• Power Finance
Corporation and the rural electrification corporation had agreed to provide
financial assistance.
(36) Certified
command of state centre force in chattisgrah, orissa,Jharkhand, Bengal was
mooted to counter naxal problem. Under this a IG rank officer or a retired
major general on board should be headed the certified command. In this:-
• Additional
helicopters should be provided.
• 400 new police
stations should be opened.
• 34 new
battalions should be constituted.
(37) S. Irani
committee:- Rajasthan Govt appointed this committee regarding the Issue of
providing reservation to Gujjars.
(38) Pradhan committee:-
• Investigate Nov 26 2008 terror attack.
(39) Muzzafar Jan Commission:-
This committee had probed the gang rape of 17 years old
Asiya and pregnant neelofar in shopiaon (J&K).
(40) Kasturi Rangan Committee:- Council of scientific
and industrial research (CSIR) has set up this committee. To see the capability
of the national aerospace laboratory (NAL) to build civil aircraft.
(41) Goverdhan Mehta Committee:-To review the
procedure of the intergovernmental panel on clime change.
Saturday, 24 March 2012
deserts around the world
Africa
Algerian Desert – part of the Sahara located in Algeria
Blue Desert – a desert in Egypt
Kalahari Desert – a desert covering much of Botswana and parts
of Namibia and South Africa
Karoo – a semi-desert region in South Africa
Libyan Desert – part of the Sahara located in Libya
Namib Desert – a desert in present day Namibia
Nubian Desert – a desert in present day Sudan
Owami Desert – a desert in Nigeria
Sahara Desert – the world's largest hot desert covering most
of Northern Africa
White Desert – a desert in Egypt
Asia
Akshi Desert – a desert in India
Badain Jaran – a desert located in China
Cholistan – a desert in Pakistan
Gobi – a desert in Mongolia and China
Indus Valley Desert – a desert located in Pakistan
Kara Kum – a large Central Asian desert
Kharan desert – a desert located in Pakistan
Kyzyl Kum – a desert in Kazakhstan and Uzbekistan
Lop Desert – a desert in China
Ordos – a desert in northern China
Rub' al Khali – a desert located in Saudi Arabia
Taklamakan – a desert located in China
Thal Desert – a desert in Pakistan
Thar Desert – a desert in Pakistan and India
Arabian Desert – a vast desert complex on the Arabian
Peninsula comprising the Al-Dahna Desert, Empty Quarter, Nefud Desertand other
deserts
Dasht-e Kavir – a desert in central Iran
Dasht-e Lut – a large salt desert in southeastern Iran
Judean Desert – a desert in eastern Israel and the West Bank
Maranjab Desert – a desert in central Iran
Negev – a desert located in southern Israel
Ramlat al-Sab`atayn – a sandy desert in central &
northeastern Yemen, part of the Empty Quarter
Sinai Desert – a desert located on the Sinai Peninsula in
Egypt
Wahiba Sands – a desert in Oman
Australia
Main article:
Deserts of Australia
Central Desert – a central Australian
desert
Gibson Desert – a central Australian
desert
Great Sandy Desert – a northwestern
Australian desert
Great Victoria Desert – the biggest
desert in Australia
Little Sandy Desert – a western
Australian desert
Simpson Desert – a central Australian
desert
Strzelecki Desert – a south-central
Australian desert
Tanami Desert – a northern Australian
desert
Europe
Accona Desert – a semi-desert in
central Italy
Aleshkovskie peski – a sandy desert
in Ukraine
Bardenas Reales – a semi-desert in
Navarre, Spain (455 km²)
Błędowska Desert – a desert located
in Lesser Poland Voivodeship, Poland (32 km²)
Deliblatska Peščara – a desert
located in Vojvodina, Serbia (300 km²)
Highlands of Iceland – the interior
plateau of Iceland; not a desert by climate, but effectively one because
precipitation penetrates the volcanic soil so quickly that it is unavailable to
plants
Monegros Desert – a semi-desert in
Aragón, Spain
Oleshky Sands – a desert located in
Ukraine near Askania-Nova biosphere reserve (15 km in diameter)
Oltenian Sahara – a desert spanning
approximately 80,000 hectares or 800 km² in the Romanian historical province of
Oltenia[1]
Piscinas
– a desert located in southwest Sardinia, Italy (5 km²)
Ryn
Desert – a desert in western Kazakhstan and southeastern Russia, north of the
Caspian Sea and southeast of the Volga Upland. It is the largest sandy desert
in Europe
Stranja
Sahara - a desert in southeastern Bulgaria near the city of Burgas. It is about
80,000 hectares, sometimes estimated to about 850 km². It is near the borders
of Turkey and northwestern Greece[2]
Tabernas
Desert – a desert in Almería, Spain (280 km²)
Pumas Desert - a desert in Spain
(province)
North America
List of North American
deserts
Central Valley of California (which is divided into the
Sacramento Valley in the north, and the San Joaquin Valley in the south) – this
area has largely been transformed, due to irrigation canals, to an agricultural
area. It is technically a semi-arid climate
Chihuahuan Desert
Colorado Desert
Mojave Desert
Sonoran Desert
]South America
Atacama – a desert in
Chile and Peru, the driest place on Earth
La Guajira Desert – a
desert in northern Colombia and Venezuela
Monte Desert – in
Argentina, a smaller desert above the Patagonian Desert
Patagonian Desert –
the largest desert in the Americas, located in Argentina and Chile
Sechura Desert – a
desert located south of the Piura Region of Peru
Polar Regions
Antarctica
Desert – the largest desert in the world
Arctic
Desert – the second largest desert in the world
North
American Arctic – a large tundra in North America
Russian
Arctic – a large tundra in Russia
Oceania
Rangipo Desert – a barren desert-like plateau (with 1.5-2.5
m/yr rainfall) on the North Island Volcanic Plateau in New Zealand