From: Press Information Bureau Ministry of I&B <pib.kolkata@gmail.com>
Date: Mon, Jul 12, 2010 at 5:08 PM
Subject: Releases............pt4
Press Information Bureau
Government of India
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Ministry of Shipping
Financial Performance of Cochin Shipyard Limited in 2009-10
New Delhi: July 12, 2010.
Cochin Shipyard Limited (CSL) maintained its growth and financial performance in the year 2009-10 despite the global meltdown and downturn witnessed in shipping and shipbuilding markets.
As per provisional unaudited results of the company the Shipbuilding income in 2009-10 was over Rs 1000 crores as compared to Rs 986 crores in 2008-09. The shiprepair income during the period was around Rs 230 crores as compared to Rs 270 crores in the previous year. The net profit for the year 2009-10 grew from Rs 161 crores in 2008-09 to over Rs 200 crores in 2009-10. The yard's strategy to enter international shipbuilding market had helped the company to achieve unprecedented levels of performance in the past few years as detailed below:-
In Shipbuilding, during 2009-10 the company delivered five offshore support ships to various international owners located at Norway, Germany and USA. In the first quarter of 2010-11 the company delivered another three Platform Supply Ships for international owners based at USA and Netherlands. The prestigious IAC project is also proceeding on schedule with the company completing a large portion of hull block fabrication and erection in the building dock during 2009-10. The company is presently constructing 15 commercial ships for various international and domestic owners alongwith the Indigenous Aircraft Carrier for the Indian Navy.
In Shiprepair, over the years CSL has gained experience in undertaking high tech repair jobs on rigs, defence vessels and all types of commercial ships. 50 ships were repaired in the year 2009-10, major works among them being normal refit of INS 'VIRAAT', extended short refit of INS 'TARANGINI", conversion of Research vessel 'Sindhu Sankalp', Medium refit of INS "Nireekshak" and short refit of "INS Jyothi".
Amongst its new initiatives, Cochin Shipyard installed a bollard pull test facility upto 500 tonnes at Vizhinjam which was the first step towards geographical diversification. Presently facility of such high capacity is not available anywhere in India. The yard commissioned a Small Ship Division in the year 2009-10 for concurrent construction of small commercial ships during the pendency of the Aircraft Carrier construction. CSL is also looking for capacity expansion by way of Drydock / Shiplift for which project study is underway.
mc/mk/dk/kol/17:00 hrs.
Press Information Bureau
Government of India
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Ministry of Rural Development
Andaman & Nicobar Islands Administrator Calls on Minister of Rural Development
New Delhi: July 12, 2010.
Union Rural Development and Panchayati Raj Minister Dr. C.P.Joshi has assured full cooperation from Centre to Andaman & Nicobar Islands Administration in respect of timely aid by the ministry for the implementation of Mahatma Gandhi NREGA along with other flagship programs of the Government under the Ministry of Rural Development and Panchayati Raj in the Union Territory. The assurance came during a meeting when the Andaman & Nicobar Islands Administrator, Lieutenant General (Retd.) Bhupendra Singh called on Dr.Joshi today at Krishi Bhawan, New Delhi. The progress of Centrally sponsored Rural Development Schemes specially the Mahatma Gandhi NREGA, Indira Awas Yojna, Rural drinking water Supply , Pradhan Mantri Gram Sadak Yojana and the issues related with the non-plan financial support in the UT through the Panchayati Raj Institutions was discussed during the meeting. The LG also briefed the minister about the water shed management programs in the Union territory.
Dr. Joshi assured full support for the timely & proper implementation of All the Ministry run Centrally sponsored schemes.
akt/st/sak/dk/kol/17:00 hrs.
Press Information Bureau
Government of India
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Ministry of Defence
Antony to Visit Seychelles
New Delhi: July 12, 2010.
The Defence Minister Shri AK Antony will be going on a two-day visit to Seychelles on the 18th of this month. He would be accompanied by a high-level delegation which would include the Defence Secretary Shri Pradeep Kumar and the Vice Chief of Naval Staff Vice Admiral DK Dewan.
During his visit, Shri Antony will have discussions with the Seychellois leadership on bilateral defence cooperation and implementation of the provisions of the defence cooperation MoU between both countries. Both sides would also discuss various security issues, including the maritime security situation in the Indian Ocean region, particularly in the context of the spread of piracy in and from the Gulf of Aden. The two sides will also explore the possibility of cooperation to combat this menace.
sitanshu kar/raj/dk/kol/17:00 hrs.
Press Information Bureau
Government of India
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Ministry of Communications & Information Technology
Sh. Sachin Pilot Launches 3G Mobile Services at Nasirabad, Ajmer 224 Ajmer Schools Get 550 Computers Free
New Delhi: July 12, 2010.
Shri Sachin Pilot, Minister of State for Communication and IT today launched BSNL's 3G mobile services at its Nasirabad complex in Ajmer. People of Kekdi, Nasirabad and Bijay Nagar will be benefited from these services.
Earlier in a function at Azad Park in Ajmer, the Minister distributed 550 computers free of cost to 224 accredited private schools of the District. Of these 224 schools, 122 are Secondary Schools and 102 are Senior Secondary Schools. This will enable the students of these schools to learn and access Information Communication Technology.
On these occasions Shri Pilot was accompanied by the Minister of State for Petroleum and Natural Gas Shri Jitin Prasad.
sp/at/dk/kol/17:01 hrs.
Press Information Bureau
Government of India
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Ministry of Finance
UID Project to Get all Funds for its Smooth Roll out: FM
New Delhi: July 12, 2010.
In a section of press, it has been reported that the Government of India has decided to slash the budget for the Unique Identification (UID) Project by more than half i.e., from estimated Rs.7000 crore to only Rs.3000 crore. This is not the correct position. In this regard, Union Finance Minister, Shri Pranab Mukherjee has clarified that Ministry of Finance is fully committed to expeditious implementation of the UID Project and all funds required for the smooth roll out of the Project by UID Authority will be provided.
dsm/by/kp/gn-219/10/dk/kol/17:01 hrs.
Press Information Bureau
Government of India
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Ministry of Finance
Mandatory for all Companies to File I-T Returns Electronically with Digital Signature
New Delhi: July 12, 2010.
The Central Board of Direct Taxes (CBDT) has amended the Rules relating to electronic filing of income tax returns vide Notification No.49/2010 dated 9th July 2010. The amended Rules will apply with effect from the date of notification in the official gazette.
As per the amended Rules, it is now mandatory for all companies to file income tax return electronically in Form No.ITR-6 with digital signature. Earlier, companies could file their electronic returns with or without digital signature.
Further, now all individuals and Hindu Undivided Families (HUFs), who are required to get their accounts audited under section 44AB of the Income Tax Act 1961, are also required to file their income tax return in Form No.ITR-4 electronically with or without digital signature. Earlier, this condition was applicable only to companies and partnership firms.
Accounts are required to be audited under the income tax law, if turnover or gross receipts from business exceeds Rs.40 lakh (Rs.60 lakh from assessment year 2011-12 onwards), or if turnover or gross receipts from profession exceeds Rs.10 lakh (Rs.15 lakh from assessment year 2011-12 onwards).
dsm/by/kp/gn-220/10/dk/kol/17:01 hrs.
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Palash Biswas
Pl Read:
http://nandigramunited-banga.blogspot.com/
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