The new royal casino player in India is here!
Official nod to Royal Plaza to begin casino
GANGTOK, November 12: Step aside Goa, make way for the new royal player from this Himalayan State who today was officially crowned as the first 'land based live' casino in the entire length and breadth of the nation.
In a momentous step towards promoting high end tourism, Sikkim government today authorized Teesta Rangit Private Ltd for installation and operation of casino games at the premises of its luxury hotel, The Royal Plaza here.
Apart from the natural appeal, this mountainous State will have the new attraction radiating from this 60 roomed hotel that has now become all set to roll out its roulette, card tables and slot machines and give its western neighbour Nepal and far flung competitors Goa a run for its money, literally.
The permission granted by the State government is a provisional license that enables the Royal Plaza to run casino till it fully classified as a five star hotel by the Ministry of Tourism.
Original license will be issued to Royal Plaza only after it fulfills the norms of a five star hotel within 5 years as per the guidelines of the Ministry of Tourism.
An elated Naresh Subba who is the director of Royal Plaza hotel said: "With the provisional license, I can start the casino now. This casino is the first land based live casino in India. We are all set and can begin anytime now".
In case you are ready with your money in this 'game of gamble' as Mr. Subba puts it, you have to hold your chips for at least this month.
"We are planning a soft launch of the casino. We are waiting for the Chief Minister Pawan Chamling to come from his trip and we propose to have him to formally inaugurate the casino", said Mr. Subba. He stressed on the steps taken by the Chief Minister to make Sikkim as a major tourism hub and expressed his gratitude for choosing The Royal Plaza for the casino.
The humble opening plans means that the hotel first wants to play its cards carefully till the final showdown when all the games are in place in an enlarged version.
Once the formal opening is done, 40 slot machines, blackjack, poker, baccarat tables and manually controlled roulette awaits those having a taste for financial adventure.
A tour of the prototype casino hall was given by the director to Sikkim Express today evening.
"This casino hall is just a prototype. We will be shifting it in a larger space on the lower level floor of the hotel", informed Mr. Subba.
Sikkim government had set the casino ball rolling when it notified the Sikkim Casino Games (Control and Taxes) Rules, 2007 thereby inviting interested parties for setting up casinos in the State.
Till this period, only Goa had allowed casinos that too electronically controlled.
The objective of the State government was to attract high end domestic and foreign tourists with the casino bid which had already created ripples in the hospitality sector both national and internationally.
Savoring the two page certification from the State government, the Royal Plaza director is thinking big both for the hotel and casino in terms of infrastructure and projection. The luxury hotel presently has 60 rooms.
"We will be pumping Rs. 70 crores in the next two years for the expansion of the hotel where the total rooms will reach to 126. We have invested Rs. 5 crores for the casino infrastructure and are planning to add another Rs. 50 crores to enhance the casino before it opens", said Mr. Subba.
Local employment will be enhanced with this expansion drive. There are now 150 employees in the hotel and with the casino coming up, there will be 300 new jobs opening up, said Mr. Subba.
In terms of human resources, the Royal Plaza is mulling over to have a trained staff to man the casino initially by tying up with a company in Goa besides collaborating for technical support.
Then comes to marketing part where the stakeholder made it clear that the casino is targeted to high end tourists. "
For this, Mr. Subba is already prepared to fly to casino capitals of the world, Las Vegas and Macau. I will be traveling aboard soon to promote the casino located in the tourism State of Sikkim, he said. It will be tourism attraction of Sikkim, he added.
Apart from carving a niche for itself as a major tourism player, Sikkim stands to gain with an amount of Rs. 1.5 crores which will be paid by The Royal Plaza as taxes in the next 5 years.
( sOURCE: sIKKIM eXPRESS)
.... (This e newsletter since 2007 chiefly records events in Sikkim, Indo-China Relations,Situation in Tibet, Indo-Bangladesh Relations, Bhutan,Investment Issues and Chinmaya Mission & Spritual Notes-(Contents Not to be used for commercial purposes. Solely and fairly to be used for the educational purposes of research and discussions only).................................................................................................... Editor: S K Sarda
Total Pageviews
Friday, November 14, 2008
BIO INFORMATICS IN NORTH EAST
Rs. 70 crores waiting to be utilized by bioinformatics centres of NE
GANGTOK, November 12: Presently Rs.70 crores are waiting to be utilized by the bioinformatics centre of the Northeast region in this current financial year, a senior functionary of the Department of Bioinformatics, Union Ministry of Science and Technology said today.
“The department is very keen to promote and support the 25 bioinformatics centre in Northeast and have earmarked a fund of Rs. 90 crores exclusively for this region”, said Dr. T Madan Mohan, Advisor of the Department of Bioinformatics during the opening session of the two day interactive meet for bioinformatics centre of Northeast here at the Chintan Bhavan here.
Representatives from Northeast centres and educational institutes are attending this meet organized by Sikkim State Council of Science and Technology.
“Out of the earmarked Rs.90 crores, we have utilized only Rs.20 crores in the initial stages. Rs. 70 crores still remains to be utilized and we are waiting for good proposals from the bioinformatics centres of Northeast for financial support”, said Dr. Mohan.
The institutions can apply for various programmes of the department like Centres of Excellence, Public Private partnership programmes, medical, agricultural, environmental, HRD and bioinformatics infrastructure development, he said.
The two day meet will deliberate on the status of the bioinformatics centres in Northeast and discus ideas for strengthening these centres.
“The purpose of this meeting is to review the activities and extend possible guidelines for future activities to these centres. They will be having the advantage of interacting with over 150 institutions which are spread across the nation through the network of BTISnet”, Dr. Mohan said.
Dr. Mohan also informed about the proposal to have all the North East bioinformatics centre under one umbrella and the network of this centre is named as North Eastern Bioinformatics Network which would be part of the major BTISnet of the department.
---------------------------------------------
GANGTOK, November 12: Presently Rs.70 crores are waiting to be utilized by the bioinformatics centre of the Northeast region in this current financial year, a senior functionary of the Department of Bioinformatics, Union Ministry of Science and Technology said today.
“The department is very keen to promote and support the 25 bioinformatics centre in Northeast and have earmarked a fund of Rs. 90 crores exclusively for this region”, said Dr. T Madan Mohan, Advisor of the Department of Bioinformatics during the opening session of the two day interactive meet for bioinformatics centre of Northeast here at the Chintan Bhavan here.
Representatives from Northeast centres and educational institutes are attending this meet organized by Sikkim State Council of Science and Technology.
“Out of the earmarked Rs.90 crores, we have utilized only Rs.20 crores in the initial stages. Rs. 70 crores still remains to be utilized and we are waiting for good proposals from the bioinformatics centres of Northeast for financial support”, said Dr. Mohan.
The institutions can apply for various programmes of the department like Centres of Excellence, Public Private partnership programmes, medical, agricultural, environmental, HRD and bioinformatics infrastructure development, he said.
The two day meet will deliberate on the status of the bioinformatics centres in Northeast and discus ideas for strengthening these centres.
“The purpose of this meeting is to review the activities and extend possible guidelines for future activities to these centres. They will be having the advantage of interacting with over 150 institutions which are spread across the nation through the network of BTISnet”, Dr. Mohan said.
Dr. Mohan also informed about the proposal to have all the North East bioinformatics centre under one umbrella and the network of this centre is named as North Eastern Bioinformatics Network which would be part of the major BTISnet of the department.
---------------------------------------------
NATHU LA TRADE THIS SEASON
Nathu La trade sluggish, Sikkim wants more items on trading list
September 24, 2008
Nathu La (Sikkim): Bilateral trade between Asian giants India and China through the Nathu La pass on the fabled Silk Route has remained sluggish this year and Sikkim is mounting pressure on New Delhi to expand the list of tradable items to boost business, officials said Wednesday.
"Since trade re-opened on May 19, the two countries did business worth just about Rs.2.6 million," Ujwal Gurung, Sikkim's director of industry and commerce, told IANS.
"There is a need to broaden the list of both importable and exportable items for boosting trade and hence we have urged New Delhi to include at least 15 more items," he added.
The two Asian giants in July 2006 reopened trade across the 15,000-feet (4,545-metre) Nathu La pass, 52 km east of Sikkim's capital Gangtok, as part of a broader rapprochement. The move marked the first direct trade link between the nuclear-armed neighbours since a bitter border war in 1962.
Under an agreement reached between the two countries, trade takes place four days a week - Monday to Thursday - beginning May each year and lasting until Nov 30, when snow closes down the pass.
The sluggish border trade between the two countries is due to restrictions in tradable items - India can import 15 items from China including silk, yak pelts and horses, and export 29 goods that include textiles, tea, rice, vegetables and herbs.
Bilateral trade in 2006 through Nathu La saw business worth about Rs.2 million with Indian traders doing business worth about Rs.1.1 million. Last year, the volume of trade was to the tune of Rs 2.6 million.
Although two-way trade was slow in the first two seasons, about 1,200 Chinese traders crossed the border separated by a rusty barbed wire marker to the bazaar of Sherathang, five km below the pass on the Indian side.
About 700 Indian traders headed to the Renqinggang interim market in Tibet on the Chinese side, 16 km from the border, during the first two seasons.
"There were some restrictions from the Chinese side this season due to the recently concluded Beijing Olympics and hence the volume of trade is not that high," Gurung said.
Businessmen from both sides of the border were also seeking a broadening of the list of items traded through the Nathu La pass.
"The list of tradable items should be increased and include commodities like locally made beer, medicines, jam, processed food products, floriculture and horticultural products so that business grows," said S.K. Sarda, president of the Sikkim Chamber of Commerce.
"The Chinese traders have been selling just yak pelts and sheep wool. It is imperative that the two countries decide to review the present export-import list," he added.
In 2003, Beijing gave up its territorial claim over the Indian state of Sikkim but is still holding on to its age old stand that a vast stretch of Arunachal Pradesh belongs to it.
China has never recognised the 1914 boundary, known as the McMahon Line, and claims 90,000 sq km (34,750 square miles) - nearly all of Arunachal Pradesh in India's northeast. India also accuses China of occupying 38,000 sq km (14,670 square miles) in Jammu and Kashmir.
SOURCE: IANS
September 24, 2008
Nathu La (Sikkim): Bilateral trade between Asian giants India and China through the Nathu La pass on the fabled Silk Route has remained sluggish this year and Sikkim is mounting pressure on New Delhi to expand the list of tradable items to boost business, officials said Wednesday.
"Since trade re-opened on May 19, the two countries did business worth just about Rs.2.6 million," Ujwal Gurung, Sikkim's director of industry and commerce, told IANS.
"There is a need to broaden the list of both importable and exportable items for boosting trade and hence we have urged New Delhi to include at least 15 more items," he added.
The two Asian giants in July 2006 reopened trade across the 15,000-feet (4,545-metre) Nathu La pass, 52 km east of Sikkim's capital Gangtok, as part of a broader rapprochement. The move marked the first direct trade link between the nuclear-armed neighbours since a bitter border war in 1962.
Under an agreement reached between the two countries, trade takes place four days a week - Monday to Thursday - beginning May each year and lasting until Nov 30, when snow closes down the pass.
The sluggish border trade between the two countries is due to restrictions in tradable items - India can import 15 items from China including silk, yak pelts and horses, and export 29 goods that include textiles, tea, rice, vegetables and herbs.
Bilateral trade in 2006 through Nathu La saw business worth about Rs.2 million with Indian traders doing business worth about Rs.1.1 million. Last year, the volume of trade was to the tune of Rs 2.6 million.
Although two-way trade was slow in the first two seasons, about 1,200 Chinese traders crossed the border separated by a rusty barbed wire marker to the bazaar of Sherathang, five km below the pass on the Indian side.
About 700 Indian traders headed to the Renqinggang interim market in Tibet on the Chinese side, 16 km from the border, during the first two seasons.
"There were some restrictions from the Chinese side this season due to the recently concluded Beijing Olympics and hence the volume of trade is not that high," Gurung said.
Businessmen from both sides of the border were also seeking a broadening of the list of items traded through the Nathu La pass.
"The list of tradable items should be increased and include commodities like locally made beer, medicines, jam, processed food products, floriculture and horticultural products so that business grows," said S.K. Sarda, president of the Sikkim Chamber of Commerce.
"The Chinese traders have been selling just yak pelts and sheep wool. It is imperative that the two countries decide to review the present export-import list," he added.
In 2003, Beijing gave up its territorial claim over the Indian state of Sikkim but is still holding on to its age old stand that a vast stretch of Arunachal Pradesh belongs to it.
China has never recognised the 1914 boundary, known as the McMahon Line, and claims 90,000 sq km (34,750 square miles) - nearly all of Arunachal Pradesh in India's northeast. India also accuses China of occupying 38,000 sq km (14,670 square miles) in Jammu and Kashmir.
SOURCE: IANS
SEMINAR ON NE BIOINFORMATICS IN GANGTOK
Two day meet on NE Bioinformatics Centre
Subedi calls for proper documentation of Sikkim’s traditional assets
GANGTOK, November 12: State science and technology minister SB Sudedi today urged the Union Ministry of Science and Technology to set up a Biotech Park in Sikkim for entrepreneurship development in biotechnology using public private partnership.
“The Dept of Biotechnology, GoI should also set up a Biotech Park in Sikkim as well as similar to one already set up in Lucknow for entrepreneurship development in biotechnology using public private partnership”, said the minister in his inaugural address of the two day interactive meet for bioinformatics centre of Northeast here at Chintan Bhavan.
Representatives from Northeast centres and educational institutes are attending this meet organized by Sikkim State Council of Science and Technology. DN Tarkapa, SLA Speaker were also present on the occasion.
Regarding the proposed Regional Research Centre for Sikkim by the Department of Bioinformatics, GoI, Mr. Subedi will help in development and dissemination of appropriate technologies of sustainable use of bio-resources for improvement of livelihood conditions of the local people.
“Sikkim being rich in bio-resources, people of Sikkim have higher degree of dependence of bio-resources and I hope that the proposed Regional Research Centre will help in development and dissemination of appropriate technologies of sustainable use of bio-resources for improvement of livelihood conditions of the local people. The thrust should be given for appropriate technology dissemination for improvement of yield and value addition of large cardamom, ginger, orange, medicinal plants, bamboo and other horticulture priority species through biotechnological interventions”, he said.
The minister also said that the proposed centre management should have representatives from all concerned departments of the State for effective coordination and technology dissemination in the field besides provisions for local employment and deputation posts from the State government. He added that the present
Bioinformatics Centre in Sikkim which is having the status of Distributed Information Sub-Centre should be further strengthened and should be developed as a full fledged Bio-informatics Centre for taking a leading role in the State as well as in the entire NER.
Mr. Subedi took the occasion to highlight the efforts of the State government towards environment protection and conservation of the State's rich biodiversity.
“We are very rich in traditional knowledge and native wisdom related to local health traditions using various medicinal plants by traditional faith healers. There should be proper documentation of this traditional knowledge in order to protect their intellectual property rights. The Dept of Biotechnology, GoI should also support our endeavor in this field”, he said.
In his welcome address, the State science and technology secretary ML Arrawatia informed that the scope and importance of bioinformatics was visualized very early by the Department of Biotechnology, GoI which has identified this sector as an area of high priority. “Keeping in view the richness of biodiversity of Sikkim, a Bioinformatics centre has also been set up under Sikkim State Council of Science and Technology under the Biodiversity theme with financial and technical support from the Department of Bioinformatics. This centre is functioning since 2001 and working for development of the data base on the various facets of Sikkim's Biodiversity”, he said.
Mr. Arrawatia informed that the centre has prepared database on scientists working on bio-resources and biodiversity of the State working in various organizations, database on 450 species of orchids, 36 species of Rhododendron and 200 species of medicinal plants has been prepared.
“Database on butterflies and birds of Sikkim is also being prepared. The centre has produced two volumes of compilation on the published papers, book chapters and popular articles on bio-resources of Sikkim”, Mr. Arrawatia.
The secretary said that in the future activities, the Sikkim centre will focus on collaborative works in the field of biotechnology and bioinformatics with other BTIsnet centres and other research institutes within and outside the State.
“We will also work on the preparation of database on traditional knowledge of folk/faith healers of Sikkim and database on diseases of horticultural crops”, Mr. Arrawatia said.
A website on the bioinformatics centre of Sikkim was also launched by Mr. Subedi. The website www.bioinformaticssikkim.com lists out the activities and objectives of the centre.
The minister also released an animation audio-visual CD prepared by the state bioinformatics centre that can be used as a learning tool by students to understand this discipline.
Source: Sikkim Express
Subedi calls for proper documentation of Sikkim’s traditional assets
GANGTOK, November 12: State science and technology minister SB Sudedi today urged the Union Ministry of Science and Technology to set up a Biotech Park in Sikkim for entrepreneurship development in biotechnology using public private partnership.
“The Dept of Biotechnology, GoI should also set up a Biotech Park in Sikkim as well as similar to one already set up in Lucknow for entrepreneurship development in biotechnology using public private partnership”, said the minister in his inaugural address of the two day interactive meet for bioinformatics centre of Northeast here at Chintan Bhavan.
Representatives from Northeast centres and educational institutes are attending this meet organized by Sikkim State Council of Science and Technology. DN Tarkapa, SLA Speaker were also present on the occasion.
Regarding the proposed Regional Research Centre for Sikkim by the Department of Bioinformatics, GoI, Mr. Subedi will help in development and dissemination of appropriate technologies of sustainable use of bio-resources for improvement of livelihood conditions of the local people.
“Sikkim being rich in bio-resources, people of Sikkim have higher degree of dependence of bio-resources and I hope that the proposed Regional Research Centre will help in development and dissemination of appropriate technologies of sustainable use of bio-resources for improvement of livelihood conditions of the local people. The thrust should be given for appropriate technology dissemination for improvement of yield and value addition of large cardamom, ginger, orange, medicinal plants, bamboo and other horticulture priority species through biotechnological interventions”, he said.
The minister also said that the proposed centre management should have representatives from all concerned departments of the State for effective coordination and technology dissemination in the field besides provisions for local employment and deputation posts from the State government. He added that the present
Bioinformatics Centre in Sikkim which is having the status of Distributed Information Sub-Centre should be further strengthened and should be developed as a full fledged Bio-informatics Centre for taking a leading role in the State as well as in the entire NER.
Mr. Subedi took the occasion to highlight the efforts of the State government towards environment protection and conservation of the State's rich biodiversity.
“We are very rich in traditional knowledge and native wisdom related to local health traditions using various medicinal plants by traditional faith healers. There should be proper documentation of this traditional knowledge in order to protect their intellectual property rights. The Dept of Biotechnology, GoI should also support our endeavor in this field”, he said.
In his welcome address, the State science and technology secretary ML Arrawatia informed that the scope and importance of bioinformatics was visualized very early by the Department of Biotechnology, GoI which has identified this sector as an area of high priority. “Keeping in view the richness of biodiversity of Sikkim, a Bioinformatics centre has also been set up under Sikkim State Council of Science and Technology under the Biodiversity theme with financial and technical support from the Department of Bioinformatics. This centre is functioning since 2001 and working for development of the data base on the various facets of Sikkim's Biodiversity”, he said.
Mr. Arrawatia informed that the centre has prepared database on scientists working on bio-resources and biodiversity of the State working in various organizations, database on 450 species of orchids, 36 species of Rhododendron and 200 species of medicinal plants has been prepared.
“Database on butterflies and birds of Sikkim is also being prepared. The centre has produced two volumes of compilation on the published papers, book chapters and popular articles on bio-resources of Sikkim”, Mr. Arrawatia.
The secretary said that in the future activities, the Sikkim centre will focus on collaborative works in the field of biotechnology and bioinformatics with other BTIsnet centres and other research institutes within and outside the State.
“We will also work on the preparation of database on traditional knowledge of folk/faith healers of Sikkim and database on diseases of horticultural crops”, Mr. Arrawatia said.
A website on the bioinformatics centre of Sikkim was also launched by Mr. Subedi. The website www.bioinformaticssikkim.com lists out the activities and objectives of the centre.
The minister also released an animation audio-visual CD prepared by the state bioinformatics centre that can be used as a learning tool by students to understand this discipline.
Source: Sikkim Express
BIO TECH IN SIKKIM
Centre to set up reg research centre for bio-tech in Sikkim
Gangtok, Nov 12: The Centre has decided to set up a regional research centre in Sikkim under the Institute of Bio-resources and Sustainable Development for utilization of bio technology in improving productivity of the state's natural resources, Sikkim Science and Technology minister S B Subedi said on Wednesday.
Participating in the first interactive meet of bio-informatics centres of north eastern states here, he said that the proposed Regional Research Centre should act as catalyst for capacity building and developing entrepreneurship skills of the farmers and unemployed youths so that they should be able to set up small and medium scale units by using bio-technology for making a living out of the natural resources.
Subedi also laid thrust on the development of suitable and effective bio-fertilizers and bio-pesticides by using rich biological resources for encouraging organic farming as has been done in Sikkim.
He said that the centre should focus on dissemination of appropriate technology for improvement of yield and value-addition to various cash crops like cardamom, ginger, orange, medicinal plants and bamboos.
The Minister urged the Centre to set up a Bio-Technology Park in Sikkim too to encourage the local entrepreneurs.
In order to highlight the distinct produces in Sikkim, he asked the officials of his department to make detailed proposal and pursue the matter for registration Temi tea, Sikkim Mandarin orange, Lachung Beans, Dalley Khorshani, Dzongu Lepcha Hat, large cardamom, Naakeema, and Sikkim Choksey under the registration and protection of geographical indication.
Besides, there should be proper documentation of local health traditions using medicinal plants by traditional faith healers in order to protect their valuable intellectual property rights, Subedi said.
Making a key note address, the Advisor to the Union Bio-Technology department T Madan Mohan said that the Centre has set up 21 Bio-Informatics Centre and Four Sub-centres in the North-East Region for promotion of bio-technology to the benefit of the local people.
A fund of Rs 90 crore has been allocated to the north-eastern bio-technology centres for promotion of Bio-Technology Studies,he said.
Additional bio-technology centres could be set up if there was need for them as the Centre has not not put any ceiling on opening of bio-informatics centres, Madan Mohan said.
Source: Bureau Report Zee News
Gangtok, Nov 12: The Centre has decided to set up a regional research centre in Sikkim under the Institute of Bio-resources and Sustainable Development for utilization of bio technology in improving productivity of the state's natural resources, Sikkim Science and Technology minister S B Subedi said on Wednesday.
Participating in the first interactive meet of bio-informatics centres of north eastern states here, he said that the proposed Regional Research Centre should act as catalyst for capacity building and developing entrepreneurship skills of the farmers and unemployed youths so that they should be able to set up small and medium scale units by using bio-technology for making a living out of the natural resources.
Subedi also laid thrust on the development of suitable and effective bio-fertilizers and bio-pesticides by using rich biological resources for encouraging organic farming as has been done in Sikkim.
He said that the centre should focus on dissemination of appropriate technology for improvement of yield and value-addition to various cash crops like cardamom, ginger, orange, medicinal plants and bamboos.
The Minister urged the Centre to set up a Bio-Technology Park in Sikkim too to encourage the local entrepreneurs.
In order to highlight the distinct produces in Sikkim, he asked the officials of his department to make detailed proposal and pursue the matter for registration Temi tea, Sikkim Mandarin orange, Lachung Beans, Dalley Khorshani, Dzongu Lepcha Hat, large cardamom, Naakeema, and Sikkim Choksey under the registration and protection of geographical indication.
Besides, there should be proper documentation of local health traditions using medicinal plants by traditional faith healers in order to protect their valuable intellectual property rights, Subedi said.
Making a key note address, the Advisor to the Union Bio-Technology department T Madan Mohan said that the Centre has set up 21 Bio-Informatics Centre and Four Sub-centres in the North-East Region for promotion of bio-technology to the benefit of the local people.
A fund of Rs 90 crore has been allocated to the north-eastern bio-technology centres for promotion of Bio-Technology Studies,he said.
Additional bio-technology centres could be set up if there was need for them as the Centre has not not put any ceiling on opening of bio-informatics centres, Madan Mohan said.
Source: Bureau Report Zee News
Wednesday, November 12, 2008
Sikkim CM meets 13th Finance Commission at Gangtok
GANGTOK: Sikkim Chief Minister Pawan Kumar Chamling has asked the 13th finance commission to raise state's grants for development and welfare schemes by taking into consideration the rise in population as per the 2001 census.
Participating in an interactive meeting with visiting members of the finance panel headed by Chairman Vijay L Kelkar on Monday, Chamling urged Sikkim's population as per 2001 census be taken into account for allocation of the central funds to the Himalayan state for implementation of the development and welfare measures.
The commission should also consider granting compensation under special category states in view of Sikkim's very own problems, cost liabilities and low economic base, the chief minister said.
On centrally sponsored schemes (CSSs), he said rigidity in the design and release of funds as well as monitoring process resulted in enormous delays in project implementation and requested the commission for transfer of all schemes to the states with commensurate funds particularly those related to state subjects.
The chief minister sought increase in the share of Sikkim in the central taxes to 40-50 per cent, against the present 30.5 per cent.
Chamling made a veiled criticism of the 12th finance commission by saying that it had reduced the grants for his state by "over-estimating the revenues and under-estimating the expenditure".
Sikkim's Gross Domestic State Product (GDSP) increased over the years since his government came to power in 1994 and the state made rapid strides in development of tourism sector and implementation of the Panchayati Raj system, he said.
The state government has also been taking steps for raising its own revenue for meeting financial needs, he added.
The Additional Chief Secretary (Finance) made a presentation before the commission members, where he demanded a fund of Rs 1,727.29 crore to meet expenditure for administrative requirements, keeping in mind the specific needs of Sikkim.
This will be in addition to appropriate grants for police administration, staff training for better expenditure management, the official said.
In his keynote remarks, Kelkar lauded the state government for preparing a comprehensive memorandum that covered the review of various sectors, the steps taken to improve the quality of public expenditure and the issues placed for the consideration of the commission.
He also expressed satisfaction with the performance of the state on growth and development fronts, especially on literacy and infant mortality rates where performance of the Sikkim is better than the national average.
Kelkar congratulated the state for successfully introducing VAT in 2005, which resulted in doubling of tax collection under VAT-table items since then.
(SOURCE:PTI)
Participating in an interactive meeting with visiting members of the finance panel headed by Chairman Vijay L Kelkar on Monday, Chamling urged Sikkim's population as per 2001 census be taken into account for allocation of the central funds to the Himalayan state for implementation of the development and welfare measures.
The commission should also consider granting compensation under special category states in view of Sikkim's very own problems, cost liabilities and low economic base, the chief minister said.
On centrally sponsored schemes (CSSs), he said rigidity in the design and release of funds as well as monitoring process resulted in enormous delays in project implementation and requested the commission for transfer of all schemes to the states with commensurate funds particularly those related to state subjects.
The chief minister sought increase in the share of Sikkim in the central taxes to 40-50 per cent, against the present 30.5 per cent.
Chamling made a veiled criticism of the 12th finance commission by saying that it had reduced the grants for his state by "over-estimating the revenues and under-estimating the expenditure".
Sikkim's Gross Domestic State Product (GDSP) increased over the years since his government came to power in 1994 and the state made rapid strides in development of tourism sector and implementation of the Panchayati Raj system, he said.
The state government has also been taking steps for raising its own revenue for meeting financial needs, he added.
The Additional Chief Secretary (Finance) made a presentation before the commission members, where he demanded a fund of Rs 1,727.29 crore to meet expenditure for administrative requirements, keeping in mind the specific needs of Sikkim.
This will be in addition to appropriate grants for police administration, staff training for better expenditure management, the official said.
In his keynote remarks, Kelkar lauded the state government for preparing a comprehensive memorandum that covered the review of various sectors, the steps taken to improve the quality of public expenditure and the issues placed for the consideration of the commission.
He also expressed satisfaction with the performance of the state on growth and development fronts, especially on literacy and infant mortality rates where performance of the Sikkim is better than the national average.
Kelkar congratulated the state for successfully introducing VAT in 2005, which resulted in doubling of tax collection under VAT-table items since then.
(SOURCE:PTI)
SCC MEETS FINANCE COMMISSION AT GANGTOK
Sikkim Chamber of Commerce (SCC) demands introduction of 18-seater chopper services
Gangtok, Nov 10 : The Sikkim Chamber of Commerce (SCC) today impressed upon the 13th Finance Commission for immediate introduction of a subsidised 18-seater helicopter service for the state, as the Pakyong airport and Rangpo rail link are likely to take another 4 to 7 years to complete.
Expressing gratitude to the Centre for the recent Cabinet approval of the Pakyong airstrip and Rangpo rail link, SCC in its memorandum said, '' Since this process of creating infrastructure is likely to take 4 to 7 years, introduction of a subsidised 18-seater helicopter service is solicited at the earliest.'' SCC president S K Sarda had presented the memorandum to the 13th Finance Commission Chairman Vijay Kelkar during a meeting today here at Chintan Bhavan.
In its elaborate representation, the body submitted before the commission the need to have an alternative highway connecting Nathu La to Siliguri in view of the landslide prone topography of Sikkim that can be used in peace times for trade and transit and during war times to protect the nation.
The SCC also requested the commission for a uniform treatment to the ‘left out Sikkimese’ regarding the Income Tax exemption and urged the Centre to pay attention for the development of Sikkim.
'' Health tourism is an area where we should give more focus.
These days health tourism has become a great earner. Since Sikkim has a very healthy climate, it is suggested that the Centre earmark a fund on how and in what way an attractive package can be developed to attract patients for health rejuvenation. Investments on physical assets development could be thought of once the study is complete,'' the SCC said.
In view of the rich forest wealth the State is blessed with, SCC appealed the Commission to recommend ‘exploration of medicinal herbs on a commercial basis’ which could be monitored and regulated by an appropriate authority.
SCC further pointed out that Sikkim can be developed into a model centre to house IT Parks and BPO centres which would provide more employment and revenue to the state.
--- UNI
Gangtok, Nov 10 : The Sikkim Chamber of Commerce (SCC) today impressed upon the 13th Finance Commission for immediate introduction of a subsidised 18-seater helicopter service for the state, as the Pakyong airport and Rangpo rail link are likely to take another 4 to 7 years to complete.
Expressing gratitude to the Centre for the recent Cabinet approval of the Pakyong airstrip and Rangpo rail link, SCC in its memorandum said, '' Since this process of creating infrastructure is likely to take 4 to 7 years, introduction of a subsidised 18-seater helicopter service is solicited at the earliest.'' SCC president S K Sarda had presented the memorandum to the 13th Finance Commission Chairman Vijay Kelkar during a meeting today here at Chintan Bhavan.
In its elaborate representation, the body submitted before the commission the need to have an alternative highway connecting Nathu La to Siliguri in view of the landslide prone topography of Sikkim that can be used in peace times for trade and transit and during war times to protect the nation.
The SCC also requested the commission for a uniform treatment to the ‘left out Sikkimese’ regarding the Income Tax exemption and urged the Centre to pay attention for the development of Sikkim.
'' Health tourism is an area where we should give more focus.
These days health tourism has become a great earner. Since Sikkim has a very healthy climate, it is suggested that the Centre earmark a fund on how and in what way an attractive package can be developed to attract patients for health rejuvenation. Investments on physical assets development could be thought of once the study is complete,'' the SCC said.
In view of the rich forest wealth the State is blessed with, SCC appealed the Commission to recommend ‘exploration of medicinal herbs on a commercial basis’ which could be monitored and regulated by an appropriate authority.
SCC further pointed out that Sikkim can be developed into a model centre to house IT Parks and BPO centres which would provide more employment and revenue to the state.
--- UNI
Tuesday, November 11, 2008
CHAMBER MEETS 13TH FINANCE COMMISSION AT GANGTOK
SIKKIM CHAMBER OF COMMERCE
M.G.ROAD, GANGTOK,SIKKIM 737101
The Chairman
13th Finance Commission
Government of India
Camp: Gangtok
Sikkim
Hon’ble Sir,
Sikkim Chamber of Commerce greets Dr Vijay L. Kelkar, Chairman, Shri B K Chaturvedi, Dr Indira Rajaraman, Dr Sanjeev Mishra, Prof Atul Sarma and Shri Sumit Bose- members of 13th Finance Commission and wish a comfortable stay in Sikkim . We sincerely hope that your visit will bring more prosperity to Sikkim, help further the process of integration and expedite progress of its inhabitants.
Sikkim Chamber of Commerce is the only trade organization which has its roots in the former Kingdom of Sikkim. We have seen the rule of Chogyal (King) who has always been kind to his people and the traders in particular whom he always regarded as pillars of economy and most instrumental in bringing development.
The merger of Sikkim with India has opened flood gates to development and prosperity. The successive governments have done their best to bring more happiness on the face of people. The current government headed by Dr Pawan Chamling is leading the State since 14 years and has made a major impact on the economy providing foundation to modern Sikkim, successfully placing the State to a position of envy and delight for all.
Dr Pawan Chamling, Honorable Chief Minister the visionary personality has brought many new ideas of governance in Sikkim. The empowerment of the Panchayats and Right to Information have both helped in creating an environment where every rupee is thoughtfully spent for the people.
Sikkim, the tiny Himalayan State is a paradise on earth where nature has been the kindest possible, bestowing its people with topography ranging from 300 feet to to 28000 feet and as a result of which varieties of climates from Polar to Sub tropical, flora and fauna , people and their cultures exist here in the most harmonious manner under the blessings of our guardian deity Mt Kanchenjunga. Sikkim the model State with more than 11 languages and 5 climatic zones and multiple cultures thus offers an UNIQUE PLACE for research for the cause of mankind.
Placing due recognition to the strategic location of the State, it is imperative that the Union Government does all that is possible to maintain peace and tranquility in the region by uplifting the standard of living, making the people more knowledgeable, competitive and accessible to different modes of modernization that are urgently required for overall development of the State and its people
Though principally an agricultural State, the region is fast attaining the position of a favoured tourism destination and the youths are inclined towards making it best by exploring newer vistas, determined in making tourism as an alternate source of constructive employment . It is desired that the Commission takes due cognizance of this necessity of the people and recommend continuous and larger resources for creation of additional facilities like development of adventure parks, ropeway from Gangtok to Nathula and new assets in village tourism.
We are grateful to Government of India for having appreciated the need for better, smooth and reliable transportation system in this difficult area and for being kind enough to flag off work in construction of Airport at Pakyong and Rail link from Sevok to Rangpo.
In this context may we submit here that since the area is landslide prone and often subjected to blockades due to various reasons including vagaries of nature, an alternate double lane highway , is most immediately required connecting Nathula to Siliguri which can be used in peace time for trade and transit and during war times to protect the nation, such that the process of development, trade, commerce and industry goes ahead uninterrupted.
And since this process of creating infrastructure is likely to take 4 to 7 years, introduction of a subsidized 18 seater helicopter service is solicited at the earliest.
This Chamber is grateful to the Government of India for having announced setting up of Industrial Training Institutes at all district headquarters in Sikkim. On the trade, commerce and industrial front it is desired:
• Home entrepreneurs should be encouraged for setting up industries by providing them additional benefits.
• Since the upcoming Hydel Power Projects shall be generating huge power energy to the tune of 5500 MWs by the next 10 years and 12% free power to be given by them to the State shall be in excess of domestic requirements, home entrepreneurs could be considered for highly subsidised power supply as in the case of Meghalaya.
• Reduction of excise duty exemption benefits as earlier available vide Policy on Industries in North East has started producing negative results and this is viewed as detrimental to the growth of industries/employment in Sikkim. It is prayed that 100% excise duty exemption be continued as announced in the Industrial Policy 2007.
• In view of the coming National Goods and Services tax regime which shall ultimately ensure uniformity of prices nationwide in the interest of consumer, this Chamber requests that all the allied taxes like Toll Tax and Environment Cess etc be abolished and help smooth running of trade, commerce & industry.
• In view of rich forest wealth the State is blessed with, the Commission be kind enough to recommend allowing exploration of medicinal herbs on a commercial basis which could be monitored and regulated by an appropriate authority.
• With due respect to the high quality of talent, environment friendly atmosphere, fast connectivity, and easy adaptability of people, it is felt that the State could be developed into a model centre to house I T Parks, Call Centres, BPO Centres etc which would definitely be more economical here and shall provide employment and revenue to the State.
• It is seen that there is a continuous movement of youth from villages to towns to find employment which has resulted in burdening the already constrained resources of the towns and weakened the rural base making development lopsided. We are of the considered view that there is a need to encourage development of the State as a totally Urban State and the Commission be kind enough to liberally fund the state on this account.
• Various incentives like Income tax and Excise duty exemptions and a lot of subsidies has attracted a number of giant Pharma Units whose total investment in a few years will be more than 5000 crores. Besides providing employment, it has raised the land prices to the benefit of local owners and changed the mind framework of the local community towards enterprises. A number of industrial subsidiaries sponsored by Sikkim residents are on the pipeline. It is suggested that the Union Government should come out to fund “creation of Industrial land pool” for inviting more investments for the development of the State.
• Education has been the prime target to make people more knowledgeable and a free education with free text book and meals, has been a big attraction to lure children to schools. 82% of the population is now educated. Besides, Sikkim University is working hard for providing on a perennial basis streams of knowledge for people of Sikkim and nearby areas. The people of Sikkim shall ever remain grateful if the Commission is kind enough to recommend setting up of a Regional Engineering College in the State.
• Sir, We are not far behind in Sports. Our ace footballer Bhaichung Bhutia is bringing national laurels. The Government is creating infrastructure for sports developments and in several sports Sikkim is showing its presence in National Games. More investment in this field is called for like setting up of specific game oriented and floodlit stadia that would qualify us for holding International events. The people of Sikkim shall be honoured if your goodselves would recommend setting up of a full fledged operational Sports Authority of India Facility/Complex in the State to enable the region produce quality sportsmen to compete both at National and International games.
Health Tourism is an area where we can put more think tank. These days Health tourism has become a great forex earner. Since Sikkim has a very healthy climate, it is suggested that Government of India can enmark a fund to make a Study on how and In what way an attractive package can be developed to attract patients for health rejunuvation in Sikkim. Investments on physical assets development could be thought of once the study is completed.
After the visit of our Honourable Chief Minister to Europe and US, he visualized making Towns of Sikkim cleaner, more attractive and more tourists friendly. Works has been undertaken to give a facelift to M G Road, the heart of Gangtok and we all have found a change for the better. Similar beautification projects are being taken by the Government. We urge Commission to recommend special funds on a 100% grant for the beautification of the towns of Sikkim.
-5-
Sikkim today exhibits an excellent example of brotherhood and friendship between all its inhabitants, the Lepchas, The Bhutias, the Nepalis and the Plainsmen who have made Sikkim their home for good.
Sir, we are grateful to Government of India for giving exemption from Direct taxes to Sikkim Subject Holders and we request that all the “LEFT OUT SIKKIMESE” living here since the days of the monarchy are also dealt with in uniform manner with due respect to their sentiments and sense of belonging with this soil
Under the dynamic leadership of Dr Pawan Chamling Sikkim has great future and things are on the positive notes all over Sikkim. Sikkim is projected to fast change into a modern, well networked City State as our Chief Minster often mentions.
We have the highest regard for this Commission and we hope that you will understand the special situation of Sikkim, its strategic location, its difficult terrain and remoteness, its warm people and its natural wealth and recommend more resources for development of this land of Kanchenjunga.
May Guru Padmasambhava’s blessings ever remain on all of us.
With highest regards,
Yours truly,
S.K.Sarda
President
Sikkim Chamber of Commerce
GANGTOK: 10TH NOV.2008.
M.G.ROAD, GANGTOK,SIKKIM 737101
The Chairman
13th Finance Commission
Government of India
Camp: Gangtok
Sikkim
Hon’ble Sir,
Sikkim Chamber of Commerce greets Dr Vijay L. Kelkar, Chairman, Shri B K Chaturvedi, Dr Indira Rajaraman, Dr Sanjeev Mishra, Prof Atul Sarma and Shri Sumit Bose- members of 13th Finance Commission and wish a comfortable stay in Sikkim . We sincerely hope that your visit will bring more prosperity to Sikkim, help further the process of integration and expedite progress of its inhabitants.
Sikkim Chamber of Commerce is the only trade organization which has its roots in the former Kingdom of Sikkim. We have seen the rule of Chogyal (King) who has always been kind to his people and the traders in particular whom he always regarded as pillars of economy and most instrumental in bringing development.
The merger of Sikkim with India has opened flood gates to development and prosperity. The successive governments have done their best to bring more happiness on the face of people. The current government headed by Dr Pawan Chamling is leading the State since 14 years and has made a major impact on the economy providing foundation to modern Sikkim, successfully placing the State to a position of envy and delight for all.
Dr Pawan Chamling, Honorable Chief Minister the visionary personality has brought many new ideas of governance in Sikkim. The empowerment of the Panchayats and Right to Information have both helped in creating an environment where every rupee is thoughtfully spent for the people.
Sikkim, the tiny Himalayan State is a paradise on earth where nature has been the kindest possible, bestowing its people with topography ranging from 300 feet to to 28000 feet and as a result of which varieties of climates from Polar to Sub tropical, flora and fauna , people and their cultures exist here in the most harmonious manner under the blessings of our guardian deity Mt Kanchenjunga. Sikkim the model State with more than 11 languages and 5 climatic zones and multiple cultures thus offers an UNIQUE PLACE for research for the cause of mankind.
Placing due recognition to the strategic location of the State, it is imperative that the Union Government does all that is possible to maintain peace and tranquility in the region by uplifting the standard of living, making the people more knowledgeable, competitive and accessible to different modes of modernization that are urgently required for overall development of the State and its people
Though principally an agricultural State, the region is fast attaining the position of a favoured tourism destination and the youths are inclined towards making it best by exploring newer vistas, determined in making tourism as an alternate source of constructive employment . It is desired that the Commission takes due cognizance of this necessity of the people and recommend continuous and larger resources for creation of additional facilities like development of adventure parks, ropeway from Gangtok to Nathula and new assets in village tourism.
We are grateful to Government of India for having appreciated the need for better, smooth and reliable transportation system in this difficult area and for being kind enough to flag off work in construction of Airport at Pakyong and Rail link from Sevok to Rangpo.
In this context may we submit here that since the area is landslide prone and often subjected to blockades due to various reasons including vagaries of nature, an alternate double lane highway , is most immediately required connecting Nathula to Siliguri which can be used in peace time for trade and transit and during war times to protect the nation, such that the process of development, trade, commerce and industry goes ahead uninterrupted.
And since this process of creating infrastructure is likely to take 4 to 7 years, introduction of a subsidized 18 seater helicopter service is solicited at the earliest.
This Chamber is grateful to the Government of India for having announced setting up of Industrial Training Institutes at all district headquarters in Sikkim. On the trade, commerce and industrial front it is desired:
• Home entrepreneurs should be encouraged for setting up industries by providing them additional benefits.
• Since the upcoming Hydel Power Projects shall be generating huge power energy to the tune of 5500 MWs by the next 10 years and 12% free power to be given by them to the State shall be in excess of domestic requirements, home entrepreneurs could be considered for highly subsidised power supply as in the case of Meghalaya.
• Reduction of excise duty exemption benefits as earlier available vide Policy on Industries in North East has started producing negative results and this is viewed as detrimental to the growth of industries/employment in Sikkim. It is prayed that 100% excise duty exemption be continued as announced in the Industrial Policy 2007.
• In view of the coming National Goods and Services tax regime which shall ultimately ensure uniformity of prices nationwide in the interest of consumer, this Chamber requests that all the allied taxes like Toll Tax and Environment Cess etc be abolished and help smooth running of trade, commerce & industry.
• In view of rich forest wealth the State is blessed with, the Commission be kind enough to recommend allowing exploration of medicinal herbs on a commercial basis which could be monitored and regulated by an appropriate authority.
• With due respect to the high quality of talent, environment friendly atmosphere, fast connectivity, and easy adaptability of people, it is felt that the State could be developed into a model centre to house I T Parks, Call Centres, BPO Centres etc which would definitely be more economical here and shall provide employment and revenue to the State.
• It is seen that there is a continuous movement of youth from villages to towns to find employment which has resulted in burdening the already constrained resources of the towns and weakened the rural base making development lopsided. We are of the considered view that there is a need to encourage development of the State as a totally Urban State and the Commission be kind enough to liberally fund the state on this account.
• Various incentives like Income tax and Excise duty exemptions and a lot of subsidies has attracted a number of giant Pharma Units whose total investment in a few years will be more than 5000 crores. Besides providing employment, it has raised the land prices to the benefit of local owners and changed the mind framework of the local community towards enterprises. A number of industrial subsidiaries sponsored by Sikkim residents are on the pipeline. It is suggested that the Union Government should come out to fund “creation of Industrial land pool” for inviting more investments for the development of the State.
• Education has been the prime target to make people more knowledgeable and a free education with free text book and meals, has been a big attraction to lure children to schools. 82% of the population is now educated. Besides, Sikkim University is working hard for providing on a perennial basis streams of knowledge for people of Sikkim and nearby areas. The people of Sikkim shall ever remain grateful if the Commission is kind enough to recommend setting up of a Regional Engineering College in the State.
• Sir, We are not far behind in Sports. Our ace footballer Bhaichung Bhutia is bringing national laurels. The Government is creating infrastructure for sports developments and in several sports Sikkim is showing its presence in National Games. More investment in this field is called for like setting up of specific game oriented and floodlit stadia that would qualify us for holding International events. The people of Sikkim shall be honoured if your goodselves would recommend setting up of a full fledged operational Sports Authority of India Facility/Complex in the State to enable the region produce quality sportsmen to compete both at National and International games.
Health Tourism is an area where we can put more think tank. These days Health tourism has become a great forex earner. Since Sikkim has a very healthy climate, it is suggested that Government of India can enmark a fund to make a Study on how and In what way an attractive package can be developed to attract patients for health rejunuvation in Sikkim. Investments on physical assets development could be thought of once the study is completed.
After the visit of our Honourable Chief Minister to Europe and US, he visualized making Towns of Sikkim cleaner, more attractive and more tourists friendly. Works has been undertaken to give a facelift to M G Road, the heart of Gangtok and we all have found a change for the better. Similar beautification projects are being taken by the Government. We urge Commission to recommend special funds on a 100% grant for the beautification of the towns of Sikkim.
-5-
Sikkim today exhibits an excellent example of brotherhood and friendship between all its inhabitants, the Lepchas, The Bhutias, the Nepalis and the Plainsmen who have made Sikkim their home for good.
Sir, we are grateful to Government of India for giving exemption from Direct taxes to Sikkim Subject Holders and we request that all the “LEFT OUT SIKKIMESE” living here since the days of the monarchy are also dealt with in uniform manner with due respect to their sentiments and sense of belonging with this soil
Under the dynamic leadership of Dr Pawan Chamling Sikkim has great future and things are on the positive notes all over Sikkim. Sikkim is projected to fast change into a modern, well networked City State as our Chief Minster often mentions.
We have the highest regard for this Commission and we hope that you will understand the special situation of Sikkim, its strategic location, its difficult terrain and remoteness, its warm people and its natural wealth and recommend more resources for development of this land of Kanchenjunga.
May Guru Padmasambhava’s blessings ever remain on all of us.
With highest regards,
Yours truly,
S.K.Sarda
President
Sikkim Chamber of Commerce
GANGTOK: 10TH NOV.2008.
Monday, November 10, 2008
AREA BASED EXCISE DUTY EXEMPTION MODIFIED
Excise : Area based excise duty exemptions modified
Posted on : 12 June 2008
--------------------------------------------------------------------------------
With effect from 1st April, 2008 the Central Government amended the area based excise duty exemptions applicable to units located in Jammu & Kashmir, North-East, Sikkim and Kutch District of Gujarat so as to allow refund of excise duty based upon the value addition made by the unit. Based on representations received from the industry, Ministry of Finance has made some further modifications in these exemption schemes. The highlights of these amendments are explained below :-
(i) In respect of iron & steel, cement, starch & coco-butter a uniform rate of 75% of the total duty payable has been specified for computing the refund amount, when these are manufactured starting from specified inputs in the same factory.
(ii) Some relaxation has also been made in the provisions relating to determination of special rate. Prior to the amendment, a manufacturer was permitted to file an application for fixation of special rate not later than 60 days from the beginning of a financial year. This time limit has now been relaxed and manufacturers have been permitted to file such applications by the 30th of September of a financial year, so that they are in a position to make a claim on the basis of the finalized accounts for the previous financial year. New units commencing production on or after the 1st of April, 2008, have also been permitted to make an application for special rate. They will now be entitled to claim refund at a special rate from the date of commencement of commercial production. Finally, the condition that a manufacturer would be entitled to apply for a special rate only if his actual value addition is more than 25% of the prescribed rate has also been relaxed. Under the revised provision, he would be entitled to apply if the actual value addition exceeds the prescribed rate by 15%.
(iii) There is condition in the notification that the refund paid to a manufacturer will be restricted to the total duty paid by him in cash during a month. It has been represented that manufacturers purchasing raw materials in bulk are at a disadvantage because of this provision. This grievance has been considered and the comparison of the refund payable as per value addition with duty paid in cash has now been permitted on annual basis.
Notification Nos. 31 to 38/2008-CE all dated 10th June, 2008 have been issued to give effect to these changes immediately.
Posted on : 12 June 2008
--------------------------------------------------------------------------------
With effect from 1st April, 2008 the Central Government amended the area based excise duty exemptions applicable to units located in Jammu & Kashmir, North-East, Sikkim and Kutch District of Gujarat so as to allow refund of excise duty based upon the value addition made by the unit. Based on representations received from the industry, Ministry of Finance has made some further modifications in these exemption schemes. The highlights of these amendments are explained below :-
(i) In respect of iron & steel, cement, starch & coco-butter a uniform rate of 75% of the total duty payable has been specified for computing the refund amount, when these are manufactured starting from specified inputs in the same factory.
(ii) Some relaxation has also been made in the provisions relating to determination of special rate. Prior to the amendment, a manufacturer was permitted to file an application for fixation of special rate not later than 60 days from the beginning of a financial year. This time limit has now been relaxed and manufacturers have been permitted to file such applications by the 30th of September of a financial year, so that they are in a position to make a claim on the basis of the finalized accounts for the previous financial year. New units commencing production on or after the 1st of April, 2008, have also been permitted to make an application for special rate. They will now be entitled to claim refund at a special rate from the date of commencement of commercial production. Finally, the condition that a manufacturer would be entitled to apply for a special rate only if his actual value addition is more than 25% of the prescribed rate has also been relaxed. Under the revised provision, he would be entitled to apply if the actual value addition exceeds the prescribed rate by 15%.
(iii) There is condition in the notification that the refund paid to a manufacturer will be restricted to the total duty paid by him in cash during a month. It has been represented that manufacturers purchasing raw materials in bulk are at a disadvantage because of this provision. This grievance has been considered and the comparison of the refund payable as per value addition with duty paid in cash has now been permitted on annual basis.
Notification Nos. 31 to 38/2008-CE all dated 10th June, 2008 have been issued to give effect to these changes immediately.
Sunday, November 9, 2008
SIKKIM BASIC DATAS
SIKKIM BASIC DATAS
Area (sq. kms.) 7,096
Population 2001 540,851
Urban Population (%) 11.1
Rural Population (%) 88.9
Decennial growth rate 1991-2001 33.1
Population density (per sq. km) 76
Districts (no.) 4
Sub-divisions (no.) (2001) 9
Zilla Panchayat wards (no.) 95
Gram Panchayat units (no.) 163
Gram Panchayat wards (no.) 891
Revenue blocks/ villages (no.) 411
Towns (no.) 8
Households (no.) 2001 114,223
Literacy rate 2001 69.68
Males 76.04
Females 60.40
Total main workers (%) 2001 39.40
1981 316 50.77 24.66
1991 406 28.47 23.86
2001 540 32.98 21.34
Physical Features of Sikkim
Important Rivers of Sikkim & their Tributaries
Rivers Tributary
Rangit Rangbhang, Relli, Rathong & Kalej
Tista Dikchu, Rangyong, Bakchachu, Rongpochu, Zemu Chu, Lachung Chu
Important Mountains of Sikkim
Sl.No Name of Mountain District Height
1 Mt. Kanchendzonga 28156 Ft.
2 Mt. Kabru West 24215 Ft.
3 Mt. Talung North 24200 Ft.
4 Mt. Siniolchu West 22600 Ft.
5 Mt. Simvo West 22476 Ft.
6 Mt. Pandim West 22100 Ft.
7 Mt. Rathong West 22100 Ft.
8 Mt. Paunhri East 22000 Ft.
9 Mt. Kokthang West 20162 Ft.
10 Mt. Lamaongden East 19366 Ft.
11 Mt. Masunyange East 19300 Ft.
Important Passes with their Altitude
Passes Altitude (ft )
1 Nathu-La 14,400
2 Jelep-La 14,500
3 Batang-La 13,000
4 Cho-La -
5 Chiwabhanjang 10,300
6 Chorten Nyima-La19,000
7 Kongra-La -
8 Lungma-La -
9 Donkia-La 18400
Name of Important Lakes in Sikkim
Name of Lakes Districts
1 Khe-cheod-Palri (Khecheoperi) West
2 Gurudungmar North
3 Lam Pokhari West
4 Changu (Tsomgo) East
5 Laxmi Pokhari West
6 Cholamu North
7 Bidang Cho East
8 Menmecho East
9 Majaur Pokhari West
10 Sima Choka North
11 Dud Pokhari West
12 Samiti Lake West
13 Ram-laxman (Twin lake) West
Important Hot Springs
Name of Hotsprings District
1 Phurchachu West
2 Yumthang North
3 Borong South
4 Ralong South
5 Yumey Samdong East
Name of the Important Glaciers
Name of Glaciers District
1 Zemu Glacier North
2 Rathong Glacier West
3 Lonak Glacier North
4 Hidden Glacier North
5 Talung Glacier North
6 North Lonak Glacier North
7 South Lonak Glacier North
8 Tista Khangse Glacier North
Area (sq. kms.) 7,096
Population 2001 540,851
Urban Population (%) 11.1
Rural Population (%) 88.9
Decennial growth rate 1991-2001 33.1
Population density (per sq. km) 76
Districts (no.) 4
Sub-divisions (no.) (2001) 9
Zilla Panchayat wards (no.) 95
Gram Panchayat units (no.) 163
Gram Panchayat wards (no.) 891
Revenue blocks/ villages (no.) 411
Towns (no.) 8
Households (no.) 2001 114,223
Literacy rate 2001 69.68
Males 76.04
Females 60.40
Total main workers (%) 2001 39.40
1981 316 50.77 24.66
1991 406 28.47 23.86
2001 540 32.98 21.34
Physical Features of Sikkim
Important Rivers of Sikkim & their Tributaries
Rivers Tributary
Rangit Rangbhang, Relli, Rathong & Kalej
Tista Dikchu, Rangyong, Bakchachu, Rongpochu, Zemu Chu, Lachung Chu
Important Mountains of Sikkim
Sl.No Name of Mountain District Height
1 Mt. Kanchendzonga 28156 Ft.
2 Mt. Kabru West 24215 Ft.
3 Mt. Talung North 24200 Ft.
4 Mt. Siniolchu West 22600 Ft.
5 Mt. Simvo West 22476 Ft.
6 Mt. Pandim West 22100 Ft.
7 Mt. Rathong West 22100 Ft.
8 Mt. Paunhri East 22000 Ft.
9 Mt. Kokthang West 20162 Ft.
10 Mt. Lamaongden East 19366 Ft.
11 Mt. Masunyange East 19300 Ft.
Important Passes with their Altitude
Passes Altitude (ft )
1 Nathu-La 14,400
2 Jelep-La 14,500
3 Batang-La 13,000
4 Cho-La -
5 Chiwabhanjang 10,300
6 Chorten Nyima-La19,000
7 Kongra-La -
8 Lungma-La -
9 Donkia-La 18400
Name of Important Lakes in Sikkim
Name of Lakes Districts
1 Khe-cheod-Palri (Khecheoperi) West
2 Gurudungmar North
3 Lam Pokhari West
4 Changu (Tsomgo) East
5 Laxmi Pokhari West
6 Cholamu North
7 Bidang Cho East
8 Menmecho East
9 Majaur Pokhari West
10 Sima Choka North
11 Dud Pokhari West
12 Samiti Lake West
13 Ram-laxman (Twin lake) West
Important Hot Springs
Name of Hotsprings District
1 Phurchachu West
2 Yumthang North
3 Borong South
4 Ralong South
5 Yumey Samdong East
Name of the Important Glaciers
Name of Glaciers District
1 Zemu Glacier North
2 Rathong Glacier West
3 Lonak Glacier North
4 Hidden Glacier North
5 Talung Glacier North
6 North Lonak Glacier North
7 South Lonak Glacier North
8 Tista Khangse Glacier North
Subscribe to:
Posts (Atom)