[aravindva]

Hi puys,
Here is today's economic times editorial,
it's about Free Trade agreements between nations, it's impacts and applications.
Rough road ahead for free trade-View Point-Today's Features-Editorial-Opinion-The Economic Times

[vyomb]

Today's editorial
Globalisation and its anxieties

[vyomb]

Editorial dated 09-Jun
summary

Power theft could play havoc over double digit economic growth of India.The sector can be flourished by more capacity addition and opening up the choices for consumers by providing a competitive market for the distributors.
Power thefts a managerial issue,outside the ambit of jurisdiction.
Regulators to play major role in capacity addition.They can increase competition and be a facilitator by encoraging competition.
Political and economical focus on power sectors reforms questions its identity that whether regulation of power sector is a device to transform it?
Even govt owned utilities have ignored the mandated legislative structural arrangements.
the success of the open accesss to power sector is dependent on providing a platform for competition to both generators and distributors,in the market.
Total disregard of the act is taking place in many states.
Organisational economic and political changes alongwith adherence to the policies so framed are required so as to scaffold the structure of power sector and now it is the actual time for any such action.

[vyomb]

the thread has become inactive for quite few days ...
come on puys ..pour in your thoughts......
keep the zing alive...

[iyervani]

Originally Posted by vyomb

the thread has become inactive for quite few days ...
come on puys ..pour in your thoughts......
keep the zing alive...

Hey..i just came across thos thread...vyomb ji...
plzz post the link here...
i will surely participate

[vyomb]

apologies for not posting Monday's article...
here is one of today's ET Editorial-Not in the reckoning
Pour in ...as much as you can....
Happy Learning ..Keep smiling ...

[vyomb]

Today's Article :-Industry Numbers continue Happy Story

Contribute and discuss..

[aks1]

Here is the summary if the editorial . (Industrial numbers continue happy story)

It is surely a very positive sign that the increase IIP considering the strong base of previous year and despite the strong monetary measures taken by RBI .Main reason for this is the higher growth in Manufacturing sector which is broad based which includes growth in production of almost all major Manufacturing Companies .Growth in Electricity supply is also a good sign considering the huge deficit in supply side that needs to be filled in .
Higher Growth in consumer goods comparison to last year with low base factor is an indication of production growth being driven by Investment than being driven by consumer .
Surely there may be some decline in the production growth considering the strong monetary measures being taken ,but it will not be a cause of worry as long as the environment is investment friendly .

Here is my Analysis on this issue --

Surely the growth of production in manufacturing sector is commendable. One of the reasons is die to so many mergers and acquisitions of Small units by large units causing increase in the production .Also other reason may be due to the fact that ,the market is mostly domestically driven unlike ITES ,and higher rupee value made the imports cheaper Considering the fact that there is a huge potential in the Indian Middle class ,this growth should stay and should be driven by consumer needs .
In Electricity the main reason for the growth is the induction of private players like reliance and all fuelling the production ,but considering the huge deficit between supply and demand ,the government needs to take some action to make sure that the growth should be much higher .Also since there is huge debate in Global Warming the electricity being produced from coal may take sever hit in future ,considering this ,government should take steps to promote electricity from renewable sources like solar energy which will help in long term .
Also production of consumer goods is expected to rise as the Rural market is still untapped ..

[vyomb]

Originally Posted by vyomb

Today's Article :-Industry Numbers continue Happy Story

Contribute and discuss..

Summary:
On the industrial front fiscal year 2007 has opened with great feat.The Index for Industrial production increased by 11.5% as compared to last yr.Manufacturing growth is 13.65 in april 2007 compared to april 2006.This is because of the various industry groups growing at a good pace.
RBI has raised interest but it cudnt hamper the growth of the sector contrarily electricity and manufacturing sector has propounded the growing signals.
The growth of economy is critically dependent on availability of adequate power.
Capital goods also show a likewise increase in the growth,the figures say it all..17.7% in april 2007 as compared to 8.9% in april 06.
In the coming era we can see a lot of growth in Industrial sector..eventhough the policies of govt. doiesnt fully scaffold it.
Positive attitude of govt. is sufficient to bost the fdi in flow.

Keep posting ..Keep Smiling

[5ter]

Originally Posted by vyomb

Summary:
On the industrial front fiscal year 2007 has opened with great feat.The Index for Industrial production increased by 11.5% as compared to last yr.Manufacturing growth is 13.65 in april 2007 compared to april 2006.This is because of the various industry groups growing at a good pace.
RBI has raised interest but it cudnt hamper the growth of the sector contrarily electricity and manufacturing sector has propounded the growing signals.
The growth of economy is critically dependent on availability of adequate power.
Capital goods also show a likewise increase in the growth,the figures say it all..17.7% in april 2007 as compared to 8.9% in april 06.
In the coming era we can see a lot of growth in Industrial sector..eventhough the policies of govt. doiesnt fully scaffold it.
Positive attitude of govt. is sufficient to bost the fdi in flow.

Keep posting ..Keep Smiling

Hi, Thank you very much for this useful post. I don't have any fundaes in eco yet trying to read ET edit. I have following doubts:

1) Fiscal yr -> is it one yr after budgets are announced?
2) Index for Industrial production->
3) RBI has raised interest but it cudnt hamper the growth of the sector contrarily electricity and manufacturing sector has propounded the growing signals.
how does RBI regulate the growth how does raised interest rates affect it? please let me know

Regards,
-5ter