Wednesday, November 30, 2011

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With best regards

B S Vohra

FDI: What’s all the fuss about?

Last Thursday, India’s Cabinet approved the long-proposed reform allowing 51 per cent foreign direct investment (FDI) in its retail sector. This means international brands can invest in India’s $450 billion retail market.
While this will draw in much-needed foreign capital and ease supply bottlenecks, and could come in handy in checking inflation, it is also considered a blow for small traders and family-owned businesses. India is one of the last of the large economies where such businesses haven’t yet been wiped out by supermarkets.
The government has announced it will allow 51 per cent FDI in multi-brand retail — supermarkets — and raise FDI from 51 to 100 per cent in single-brand retail. This means brands like Starbucks, Zara, Gucci and Costa Coffee can have full ownership of their businesses in India.
Though the new rules outline local sourcing requirements and minimum investment levels to protect jobs, and Union Minister for Commerce and Industry Anand Sharma has emphasised that FDI will increase job opportunities, the move has caused a furore in Parliament. It has united the Left and the BJP, and even raised objections from Congress allies DMK and Trinamool Congress. Tamil Nadu Chief Minister Jayalalithaa has slammed the move.
What is 51 per cent FDI?
FDI refers to an investment abroad, usually where the foreign corporation that is providing capital controls the company it is investing in.
Until now, India allowed 51 per cent FDI only in single-brand retail and 100 per cent for wholesale operations. The first term that the UPA was in power, a Bill extending FDI to multi-brand retail was not passed because the Left, which supported the government from outside, was against it.
Now with multi-brand FDI being allowed, global giants like Wal-Mart, Tesco, and Carrefour can open mega stores in your city.
This move has been welcomed by the corporate industry in India, which has had to backtrack expansion plans after protests earlier.
For example, in 2007, Reliance Industries planned to open western-style supermarkets in Uttar Pradesh, but small traders and political parties put paid to that ambition.
The government’s policy change comes with certain riders:
Minimum investment of $100 million by the foreign investor
50 per cent of the total FDI to be invested in “back-end infrastructure”, ie processing, manufacturing, distribution, design improvement, quality control, warehouses and packaging.
30 per cent of the products to be procured from small scale industries, ie units that have a total investment not exceeding $250,000 at the time of installation.
Fresh agricultural produce, including fruits, vegetables, flowers, grains, pulses, fresh poultry, fishery and meat products, should be unbranded
Retail chains will be allowed only in cities with a population of more than 10 lakh (1 million) as per the 2011 census — there are 51 in total
The investor must have approval from the Foreign Investment Promotion Board (FIPB)
Why is There So Much Opposition to the FDI?
The retail sector is the largest source of employment after agriculture in India. Foreign brands with deep pockets could put small traders out of business, and may also have an impact on the manufacturing and service sectors.
However, this is not a given — it means smaller retailers who buy from wholesalers and sell at a good profit will have to dock down their prices to stay in competition.
An enterprising retailer who offers home delivery, stays open at odd hours, or offers any other benefit that a customer will not get from a supermarket, will likely stay in business.
Another more worrying rider has to do with the sourcing requirements. While 30 per cent has to be sourced from Micro and Small Enterprises (MSEs), the government does not state that these must be MSEs from India.  They can be from anywhere in the world, and experts are worried that this may be more useful to China than India. India already has a trade deficit of $20 billion with China, and Chinese goods dominate the Indian markets.
The government has defended the clause, saying it should not violate India’s obligations to the WTO (World Trade Organisation).
Who is Against FDI?
With thanks : link as below for detailed news :

Major reshuffle in Delhi Traffic Police

excerpts :

Traffic police reportedly were not happy with performances of Raj Kumar, ACP, east and Chaman Lal Bhatti, ACP, northeast. They have been moved to headquarter and engineering department respectively. The new ACPs in these two crucial districts are Amrik Singh (who was ACP northwest till Monday) as ACP east and Anil Kapoor (on arrival) as ACP northeast.

With thanks : Hindustan Times : link in headline above for detailed news.

"East Delhi RWAs Joint Front"

"East Delhi RWAs Joint Front" - (A Federation of RWAs), launched by us, some time ago is a duly registered body. The Joint Front is very active and very much visible at all the fronts of life. If you have a Registered RWA from anywhere in East Delhi, please feel free to Join us.

With Best Regards

B S Vohra
East Delhi RWAs Joint Front
( A Federation of RWAs)

Monday, November 28, 2011

RWABhagidari - Directory of RWAs of Delhi - add your RWA now

As all of you know, we had launched an ONLINE Directory of RWAs of Delhi East on our Web Portal  We are pleased to inform that now this web portal is getting almost 20,000 hits per month. We started this Directory of Delhi East on the web portal, last year. Now we are preparing to add in it, the RWAs from the Rest of Delhi areas too. Therefore, please feel free to mail us details of your RWA, address, contact details, website, office bearers with contacts at the earliest possible.

RWABhagidari blog launched by us almost 2 years ago, is now a full fledged blog with hundreds of subscribers from the RWA community of Delhi and connecting worldwide with a good number of visits regularly from overseas. Please feel free to mail us any civic issues of your area with pics for uploading on our web blog

With best regards

B S Vohra
East Delhi RWAs Joint Front
( A Federation of RWAs )

Bijli Andolan

with thanks : Hindustan times

Sunday, November 27, 2011

Ulka Pind or something else ? ( Video )

Link of this video :

Ulka Pind or something else ? ( Pics )

A fire ball smashed the home of Sd Inder pal singh in Chand Mohalla, Gandhi nagar & broke into many small pcs in a split second. All the pce were burning & pouring of water was of no use. After appx. 15 minutes, these pcs cooled automatically. But while burning it damaged the items lying there as well a bike standing outside on the road. All this happened on 27th November, 2011 in the late evening hours. This fire ball may be an ULKA PIND or may be any thing else which is not knows to us.

Bijli andolan

Bijli andolan

Bijli Andolan

Bijli Andolan

Bijli Andolan - before the show

Saturday, November 26, 2011

Bhartiya Sanskriti in University of Milan,ITALY !

Students of University of Milan along with Indian consulate General Mr. Sanjay Kumar Verma's wife Mrs.Gunjan Verma and with their Professors

Dr.Gurdeep Kaur
University of Milan

Associate Professor
SGND Khalsa College
University of Delhi