Manufacture Down (-)15.5 Points, Durables (-) 109.4 Points
February02, 2015 (C) Ravinder Singh ravinderinvent@gmail.com

Its very funny but bitter fact there was ‘Manufacturing Summit 2015’
recently on ‘Can’t We Dream of India a $20 Trillion Economy’ mainly
sponsored by Adani, Boeing, Johnson & Johnson, SAP and Ingersoll – No
Indian Inventor and Industry was Leading Speaker – Tragedy of present
Government is such that Indian Manufacturing is Totally Destroyed
gasping for Foreign Oxygen.

INDIAN ECONOMY IS IN TOTAL MESS AND NEEDS BEST QUALIFIED ENGINEERS
WITH BEST SKILLS & ABSOLUTE INTEGRITY WITH ABSOLUTE MAJORITY
GOVERNMENT TO PULL INDIA OUT OF TROULBLES – EVEN RAGHURAM RAJAN IS
RATED AS DULLARD.

He didn’t WARN INDIA OF MANUCTURING CRISIS and Truthfully Presented
The Data in Detail – State Wise Data WAS MOST APPROPRIATE to pin point
Worst Cases Where ‘Immediate Surgery’ is Required.

Consumer Durables where ‘Value Additions Is Maximum And Exports Are
Most Profitable’ has just 8.46% Weight of Industry which is around 25%
of GDP CRASHED 109.4 points in 21 months.

There are two types of Classifications – Sectoral or Use Based.

INDUSTRY    Weight     2012-13    2013-14    Oct.2014
General Index    100.00    172.2    172.0    162.4
1 Sectoral Classification                
1.1 Mining and Quarrying    14.16    125.5    124.7    125.0
1.2 Manufacturing    75.53    183.3    181.9    166.4
1.3 Electricity    10.32    155.2    164.7    184.2

Manufacturing with 75.53% Weightage was in crisis but holding on
grimly but Crashed 15.5% Points After New Government took over. This
data also shows that Mining Sector too didn’t improve. Electricity
sector with 10.32% Weight registered 19.5% Point too came at a time
when Petroleum Prices have crashed by over 50% that standby power
ought to be a par with grid power to Industries but strangely GOI is
not rolling back Petroleum Prices.

INDUSTRY    Weight     2012-13    2013-14    Oct.2014
General Index    100.00    172.2    172.0    162.4
2 Use-Based Classification                
2.1 Basic Goods    45.68    153.6    156.9    162.0
2.2 Capital Goods    8.83    251.6    242.6    241.5
2.3 Intermediate Goods    15.69    146.7    151.3    145.9
2.4 Consumer Goods    29.81    190.6    185.3    148.3
2.4.1 Consumer Durables    8.46    301.1    264.2    191.7
2.4.2 Consumer Non Durables    21.35    146.9    154.0    131.1

Ravinder Singh, Inventor & Consultant, INNOVATIVE TECHNOLOGIES AND PROJECTS
Y-77, Hauz Khas, New Delhi-110016, India. Ph; 091- 9718280435, 9650421857

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Lee Hsien Loong will be in Europe from Feb 1 to 6

On 50th anniversary of Singapore’s diplomatic relations with Germany.

Lee Hsien Loong  visiting Europe from Feb 1 to 6 for official visits to Germany and Spain.
Mr Lee to reaffirm Singapore’s friendly ties with both countries and to discuss ways to strengthen bilateral cooperation.
Mr Lee start visit to Dresden – the capital of the federal state of Saxony.Lee to meet Saxony’s Minister-President Stanislaw Tillich.
Later then meet German Federal Chancellor Angela Merkel in Berlin.
Mr Lee will also meet Vice Federal Chancellor and Federal Minister of Economic Affairs and Energy Sigmar Gabriel, Federal Minister of Foreign Affairs Frank-Walter Steinmeier and Federal Minister of Finance Wolfgang Schauble.

Singapore bilateral trade with Germany stood at S$20 billion in 2014.

On Feb 5,

Mr Lee will be in Madrid to meet King Felipe VI and Prime Minister Mariano Rajoy.This is PM  first official visit to Spain. He is also scheduled to meet Minister of Foreign Affairs and Cooperation Jose Manuel Garcia-Margallo and Minister of Economy and Competitiveness Luis de Guindos. Singapore’s bilateral trade with Spain stood at S$2 billion in 2014.

Mr Lee is accompanied by his wife, Mrs Lee, Second Trade and Industry Minister S Iswaran, Senior Minister of State for Law and Education Indranee Rajah, Minister of State for National Development and Defence Maliki Osman, and Member of Parliament Denise Phua.

The Singapore Business Federation (SBF) will also have a presence during the visit, with a delegation of more than 20 members. Germany and Spain are looking to Asia for opportunities and the SBF is keen on getting both countries to look directly to Singapore.

In Mr Lee’s absence, Deputy Prime Minister Teo Chee Hean will be Acting Prime Minister from Feb 1 to 7.

AAP for violation of Model Code

Chief Electoral Officer, Delhi has issued a show cause notice to Aam Aadmi Party in connection with the violation of the Modal Code of Conduct.

According to the office, the notice has been issued on the basis of a complaint filed by Delhi BJP President Satish Upadhyay regarding pasting of poster of BJP leader Kiran Bedi illegally on several autos in Delhi.

The AAP has used photographs of Ms. Kiran Bedi alleging her as an opportunist. The party has been asked to submit its reply on Monday.

International events

February 1, 2015 by sagarmedia

Boko Haram opens fresh attack on major Nigeria city of Maiduguri

Fighters from the insurgent Islamic group initiated an assault on the northeast Nigeria city of Maiduguri, triggering an hours-long fight with troops for control of the Borno state capital, witnesses told AFP. Witnesses said Boko Haram rebels opened hostilities around 3:00 am (0200 GMT) and that heavy fighting was ongoing at the southern edge of the city. “The whole city is in fear,” said resident Adam Krenuwa. “People are afraid of what will happen if Boko Haram defeats the security forces.” The group’s last effort to seize Maiduguri just one week ago was repulsed by the military. However, the militants managed to seize the town of Monguno just 125 kilometers (80 miles) outside the city, as well as a military base.

Search resumes for 86 still missing from December’s AirAsia crash

Indonesian rescue teams have on Sunday resumed the search for the bodies of 86 passengers still missing after the AirAsia plane crash on December 28, a local authority has said. There were 162 people on board. The national search and rescue agency has had to take a two-day break, owing to bad weather conditions in the Java Sea. A total of 68 rescue divers from this and related agencies set about raising the airplane’s fuselage, as the “focus today is to find bodies that could be trapped” there or “buried in the mud” on the seabed underneath, the official, who is also coordinating the search, told AFP. New evidence has revealed one of the pilots’ negligence, now thought to have led to the crash.

Islamic State captures Iraqi oil facility, 15 workers missing

Islamic State (IS) insurgents have seized a small oil field near the northern Iraqi city of Kirkuk and the 15 employees who were working there are now missing, according to security and oil officials, Reuters reports. This latest seizure comes after IS fighters attacked regional Kurdish forces southwest of Kirkuk on Friday, where they captured parts of the Khabbaz oil fields.

​African Union to send 7500 troops to fight Boko Haram

African leaders have agreed to send 7,500 soldiers to northeast Nigeria as part of an effort to suppress the Boko Haram insurgency that has ravaged the region, an African Union official said Saturday. Representatives from the 54-country union, who are meeting in the Ethiopian capital, Addis Ababa, for a two day summit, have decided to deploy a military task force staffed by troops from Nigeria, Cameroon, Chadi and Benin. Thousands have been killed during the radical Sunni group’s bloody insurgency, including a devastating massacre in Baga that left 2,000 people dead earlier this month.

Macedonian authorities claim to have uncovered plot to overthrow government

Police in Macedonia said Saturday they will charge four people with trying to topple the government including the leader of the main opposition party, the Social Democrats, Reuters reports. A senior government official who declined to be named said that Zoran Zaev was defiant and threw the blame back at the government. The prospect of him going to jail threatens to further deepen divisions in the former Yugoslav republic and the Social Democrats have now boycotted parliament for almost a year as they say the last parliamentary election was fraudulent.

​Merkel rules out debt relief for Greece

German Chancellor Angela Merkel has rejected the possibility of providing Greece with any debt relief. This decision could stoke tensions with the new left-wing Greek government and its international creditors. “There has already been voluntary debt forgiveness by private creditors, banks have already slashed billions from Greece’s debt,” Merkel said in an interview with the Hamburger Abendblatt newspaper published on Saturday. “I do not envisage fresh debt cancellation,” she added.
Media agencies

Paes-Hingis won Australian Open mixed-doubles title,

1 02 2015
Paes has won 15th Grand Slam title. Paes and Swiss ace Martina Hingis Martina Hingis won the Australian Open mixed-doubles title, in Melbourne on Sunday.The seventh seed Indo-Swiss pair turned back the clock to serve past third seeds Daniel Nestor and Kristina Mladenovic 6-4, 6-3 in the one hour and 2 minutes battle at the Rod Laver Arena.Paes clinched his seventh mixed doubles crown, Hingis, who came out of retirement for the second time a couple of years back, collected her 11th doubles Slam apart from her five singles titles.

India dormant – USA Petrol Rs.32 Per Liter

February 1, 2015Religious Edit

USA Petrol Rs.32 Per Liter Halved from $4 to $2 Per Gallon

India dormant – USA Petrol Rs.32 Per Liter Halved from $4 to $2 Per Gallon

Indian government remains dormant towards price of petrol when petrol in International market being sold at half. Each day creed of  politicians shouting from the roof top about the citizen welfare is denying the people of the country the right to get benefit of nosedive of oils prices which could be effective in garnering bounce back economy to its best. MSME the prime sector which can help build the nation in short calls with such golden opportunity but it appears the system is still in race of making money when its reserve are sound and at ease. Will this nation of 1.25 billions will be ruled by people of class?
When shall we awake from the deep slumber to make the nation on sound footing.?
Most of the governance both legislature or executives work for money?
The wisdom lies is moving ahead not in state of statics.
The inertia and momentum which is needed publicly, but Alas! who cares the public.
Here is link to how Petrol Prices Crashed from $4 per gallon to $2 per
gallon – this is roughly Rs.32 per liter when price in India average
Rs.62 per liter. http://goo.gl/mcQiN