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| Source: ACE Equity |
Thursday, February 20, 2014
Wednesday, February 19, 2014
mock drill on the earthquake scenario on 21/02/2013 in sikkim
APPEAL
District
Disaster Management Authority (DDMA East) in coordination with Sikkim State
Disaster Management Authority, Land Revenue & Disaster Management
Department is conducting a preparatory mock drill on the earthquake scenario on 21/02/2013 at 11:00am in various places in and around Gangtok which is a
precursor to the Mega Mock drill scheduled on 10/03/2014.
As such, I
on behalf of District Disaster Management Authority would like to appeal all
the public that this exercise is being carried out to sensitize & create
awareness on earthquake drills for preparedness and all are requested to
participate during mock exercise. Help us build a safer and a disaster
resilient state.
It is
further appealed to all citizens of the district that the activity undertaken
is purely on mock basis & there is no apprehension of danger and panic due
to the activity as all necessary measures of public safety has been undertaken
(J.S Raje)
District Collector cum Chairman
District Disaster Management
Authority
Tuesday, February 18, 2014
Sikkim Wins National Tourism Award
17.2.2014
Union Minister for Human Resource Development Dr. Shashi Tharoor,presented the National Tourism Award 2012-13 to Sikkim tourism minister Sh Bhim Dhungel in a function in vigyan bhawan new delhi today
According to union tourism ministry Sikkim is the perfect destination to experience warm hospitality ,rich culture and scenic splendour of natural beauty.
Sikkim tourism Minister Sh Bhim Dhungel said that Chief Minister Sh Pawan Chamling has launched an ambitious Rs 140 crore Project for developing various tourism convenience facilities,view points,halting points, conferences,retiring units and other infrastructural facilities project in the state .
He said that state chief minister Sh Pawan Chamling has sanctioned 50 crore Rs for setting up facilitation centres at state capital Gangtok and various other important tourist destinations of the state .He said that total 20 facilitation centres will be set up in the state for strengthening tourism facilities and added that capacity building, training , marketing,manpower and human resources will be strengthened under these facilitation centres .He said that main facilitation centre will be set up at state capital Gangtok with total cost of Rs 40 crores while the other facilitation centres at small towns and major tourist destinations will be constructed with a cost of Rs 50 lakh on each facilitation centre .He said that all the facilitation centres will start function by the year 2015.
Sikkim tourism minister Sh Bhim Dhungel told that at present around 80,000 tourist visits rural tourists destinations in the state annually and added that target has been fixed to attract 1.50 lakh tourist to rural tourist destinations in next five years by creating additional infrastructural facilities in the state .
He told that so far 500 home stay units have been registered in the state which are providing direct employment to around 1500 persons and added that target has been fixed to double the home stay units and employment opportunities to 3000 persons in the next five years .He said that state govt is providing various incentives like electricity on domestic rates to these home stay units to make them economically viable and create additional beds and modern facilities for the visiting tourists in rural areas
Tourism Minister Sh Bhim Dhungel told that state tourism department has tied up with kerala, maharastra,gujrat,goa and karnataka tourism for ensuring maximum tourist flow from these states to sikkim and added that state tourism department is negotiating with Nepal tourism and Bhutan tourism to ensure maximum international tourism flow from these areas to sikkim
Sikkim tourism Secy Sh C.Zangpo, Sh Sanjay Singh DE(P), Ms Shova Lama AD, Ms Binita Rai PRO Tourism and Mr Vijay Thapa were part of the official delegations who attended the function
MF unit redemption won’t attract tax: CBDT
Tax Planning Guide (2014) - Free & Exclusive Guide To Tax Planning (2014). Download Now!
personalfn.com/Free-Tax-Guide
personalfn.com/Free-Tax-Guide
MUMBAI, FEBRUARY 14:
The Central Board of Direct Taxes has clarified that redemption or repurchase of mutual fund units would not attract taxes (under distributed income), as such income is not in the nature of income distributed to unit-holders.
The CBDT also said bonus units at the time of issue would not be subjected to additional income tax since an issue of bonus units was not akin to dividend distribution. It added that the Income Tax Act prescribed that the cost of acquisition of bonus units should be treated as ‘nil’ for the purposes of computation of capital gains tax.
Monday, February 17, 2014
Online Bus Ticketing System launched in Sikkim
Online Bus Ticketing system was launched at the SNT Bus Terminus today. The launching ceremony was graced by the Secretary Transport Mr Tsegyal Tashi in presence of the Secretary IT Mr Rajesh Verma, host of officials from both departments and media personnel’s.
During the function, the Secretary Transport informed that the online ticketing system is offered to one A.C. bus plying from Gangtok to Siliguri and vice versa. The tickets will be available from 24th February 2014 onwards and commuters can book tickets anywhere at any time, he informed. He also expressed his gratitude to the Ministry of IT and Department of IT for providing online ticketing system to SNT. Highlighting on the department initiatives he added that the department is providing safest, consistent and reliable services to the passengers and trying to come up with more services.
The Secretary IT in his address expressed that the launching of online bus ticketing is a milestone in the history of SNT, which is funded under a part of Government of India project. The commuters can book the ticket anywhere from the world and even select seat of their choices. The Secretary further informed that the Department of IT is also developing software for the issue of ILPs online very soon and also would like to extent online bus ticketing to other places.
Mr Raju Basnett, Chief Engineer, SNT also highlighted on the features of Online Bus Tiketing System.
Gold prices may move up
upwards up in next few months
LUCKNOW: Gold prices will inch up again steadily and will hover between Rs 26,500 and Rs 27,500 in the next few months before crossing Rs 28,000 per ten grams again around November-December on the back of end-user demand coming from the peak of the wedding season, an ASSOCHAM study on gold trends has indicated.
As the over-hyped concerns of tapering of the easy money in the near future said the ASSOCHAM president Rajkumar Dhoot have eased, the gold is already building demand even in the global markets. A sharp correction in the prices from a high of around USD 1800 per troy ounce to about USD 1200 is also motivating major central banks in the world to build on their gold reserves.
Even in the international markets, the end-user demand is seen at these levels and downside is not significant.
However, the domestic demand in India would now for the next few months would largely be driven by the end-users as some of the pure-play investors have burnt their fingers after betting excessively on the yellow metal and investing with bullish outlook even when it was selling in excess of Rs 33,000 per 10 grams.
"Though the gold exchange-traded funds are a small fraction of the overall bullion trade, investors in the ETFs have lost significantly and are not expected to return for some time. However, once prices cross again the Rs 28,000 mark these investors would return as most of the them follow the trend and are not contrarian in nature," the study noted.
An earlier ASSOCHAM study had predicted that prices of gold could slide to Rs 25,000 per 10 grams. "Our assessment was done before the government had increased the customs duty and put other import restrictions through banking channels. Gold did breach the sub-26,000 mark and if the customs duty impact is factored in, the ASSOCHAM projections were on the dot," added Dhoot.
The latest version of the study takes into account the new factors that have come into play in the last 7-10 days.
"We tend to disagree with the general discourse among analysts who say that the gold has lost its flavour in favour of equities largely on the back of improvement in the US economy. Even if the assumption that the US economy is improving is correct, then the next consequence would be increase in inflation in the American economy. At that point of time, gold will again be seen as a safe haven against inflation," the study pointed out.
The ASSOCHAM study was based on inputs from several domestic and international analysts and those in the bullion trade and fund managers.
Continuing pressure on rupee will also influence the gold prices in the domestic market as the landed price would increase with currency depreciation.
Encouraged by low prices, India's gold imports had seen a huge rise to 162 tonnes in May giving anxious moments to the policy makers as it was exerting pressure on the country's current account deficit.
However, a persistent downward trend in prices and some punishing import restrictions kept investors away in June and the imports are estimated to be less than 50 tonnes. Imports in the coming months would remain subdued at least till the marriage season in November-December.
Additional pricing pressure on the upward side would also be helped by supply restrictions and it is expected that the quantity of recycled precious metal would increase for jewellery making.
"Hordes of gold coins and medallions collected by the middle class families would find way into the melting furnace of jewellers for meeting the jewellery needs for wedding," the study noted adding that it would not be easy for the Indian tradition of wearing, collecting and investing in gold to go away.
One of the main problems for the middle class investors is the lack of enough investment avenues.
Inflation linked bonds are new products and have not been fully understood; fixed deposits do not save you against inflation; dislike among the retail investors for equity market is at a new high because there are instances where investors' wealth has been eroded by 90 per cent in the last 2-3 years.
Debt market is beyond the comprehension of retail investors. All these factors combine together to make middle income group rush to the gold as a safe haven.
Even in the international markets, the end-user demand is seen at these levels and downside is not significant.
However, the domestic demand in India would now for the next few months would largely be driven by the end-users as some of the pure-play investors have burnt their fingers after betting excessively on the yellow metal and investing with bullish outlook even when it was selling in excess of Rs 33,000 per 10 grams.
"Though the gold exchange-traded funds are a small fraction of the overall bullion trade, investors in the ETFs have lost significantly and are not expected to return for some time. However, once prices cross again the Rs 28,000 mark these investors would return as most of the them follow the trend and are not contrarian in nature," the study noted.
An earlier ASSOCHAM study had predicted that prices of gold could slide to Rs 25,000 per 10 grams. "Our assessment was done before the government had increased the customs duty and put other import restrictions through banking channels. Gold did breach the sub-26,000 mark and if the customs duty impact is factored in, the ASSOCHAM projections were on the dot," added Dhoot.
The latest version of the study takes into account the new factors that have come into play in the last 7-10 days.
"We tend to disagree with the general discourse among analysts who say that the gold has lost its flavour in favour of equities largely on the back of improvement in the US economy. Even if the assumption that the US economy is improving is correct, then the next consequence would be increase in inflation in the American economy. At that point of time, gold will again be seen as a safe haven against inflation," the study pointed out.
The ASSOCHAM study was based on inputs from several domestic and international analysts and those in the bullion trade and fund managers.
Continuing pressure on rupee will also influence the gold prices in the domestic market as the landed price would increase with currency depreciation.
Encouraged by low prices, India's gold imports had seen a huge rise to 162 tonnes in May giving anxious moments to the policy makers as it was exerting pressure on the country's current account deficit.
However, a persistent downward trend in prices and some punishing import restrictions kept investors away in June and the imports are estimated to be less than 50 tonnes. Imports in the coming months would remain subdued at least till the marriage season in November-December.
Additional pricing pressure on the upward side would also be helped by supply restrictions and it is expected that the quantity of recycled precious metal would increase for jewellery making.
"Hordes of gold coins and medallions collected by the middle class families would find way into the melting furnace of jewellers for meeting the jewellery needs for wedding," the study noted adding that it would not be easy for the Indian tradition of wearing, collecting and investing in gold to go away.
One of the main problems for the middle class investors is the lack of enough investment avenues.
Inflation linked bonds are new products and have not been fully understood; fixed deposits do not save you against inflation; dislike among the retail investors for equity market is at a new high because there are instances where investors' wealth has been eroded by 90 per cent in the last 2-3 years.
Debt market is beyond the comprehension of retail investors. All these factors combine together to make middle income group rush to the gold as a safe haven.
Sunday, February 16, 2014
Sikkim- they will, they can do!!!
Skies Over, Now Its A Star
Captain Yasmin Iqbal Bhutia on board
15 Feb, Gangtok : Voice of Sikkim
The state of Sikkim geographically though it’s small but the state harness potential people who have made a remarkable achievements in vivid field of interests and challenges. More promising aspect of the state of Sikkim is that courageous women have begun exploring the horizon caving out successive stories, those are the ones who are leaving examples and inspirations for the children of tomorrow. The frontier of gender based inequality then and now has been conceded by women; every now and then the women are encroaching slowly but steadily.
Among such inspiring success stories today a yet another courageous woman of Sikkim has successfully scaled; of which society must applause for the struggle, hard work and dedication.
In the previous episode VoiceofSikkim covered up the success story of Juhi Palmo Chettri hailing from Namchi in South Sikkim who bagged an opportunity to become first commercial pilot of state , she too had completed her flying training in USA in 2013.
In the same year as well as month of 2008 Miss Yasmin Iqbal Bhutia hailing from Gangtok missed the opportunity to grasp the state sponsored pilot training, but her father Late Md Iqbal Bhutia encouraged his daughter to go ahead with the training however it takes from his capacity. Yasmin and her father took off to Hyderbabad on July 2008 where Yasmin fortunately got enrolled in the India’s renowned Rajiv Gandhi Aviation Academy also known as Wing’s Aviation Academy.
A 24 years old proud captain daughter of Md Iqbal Bhutia and Smt Mariam Iqbal Bhutia did her schooling from St Joseph Convent in Kalimpong till Class X and she completed her XI , XII in Science Stream from Dr Grahams Homes Kalimpong in the year 2008. A caring father who always dreamt to see his daughter fly high assisted daughter to go for a pilot training even though ‘Unluckily’ she couldn’t through state sponsorship.
It was barely a month after she gets an admission in flying academy at Hyderbabad a big shock left Yasmin and her family in despair , her father passed away leaving mother, herself and her younger brother behind. With just a month she’d started training at Hyderabad the whole world turned heavy on her head but having whole dream of father to accomplish the destiny, Yasmine’s mother stood as a strong pillar to confront every challenges. It was an embarrassing situation but when the dedicated mother, a woman stood against all situation to tackle every bit of challenges then nothing can stop her. Yasmin gives all credits to her hardworking mother, she managed everything so well and she even didn’t let us realize pain even for a single second, Yasmin says. ‘The struggle she did for us after father passed away makes us feel very proud’.
Yasmin to VoS narrates her struggle during the training period which took her nearly 4 years to complete , with the determination and a dream of father in her eyes she gazed at the sky with a bold courage that she’d conquer the limits. She said that training was rigorous , as many trainees who had enrolled slowly walked out without completing the training. According to her she along with her another mate was only two female in the group of 10 during the pass out year. ‘One cannot just leave off on half way when the dream smears in the mind completely, it varies person to person but to me it was a challenge as well. In the infinity skies surrounded in between the clusters of cloud one shouldn’t feel completely directionless, direction don’t matter unless one reinforce through it to find a way courageously ’, she said to VoS.
‘However there was struggle but good number of best instructors in the institution never let our mind blogged with impossibility. We undergone through various program and skill building classes during the period of flying training, we even had a crush with scores of hard moments but we resisted and controlled such situations clogging our direction by our mind power and wisdom, that’s what is taught to us. There’s absolutely nothing to fear with height or any sort of mental retardation during the flight, it’s a reason some people think looking at the cockpit having strange looking widgets and gears, those when mastered will obey your commands, she said.
I completed my flying academy as a licensed Pilot early months of 2013 itself but due to delay in availing licenses from DGCA I had to wait for longer time, but now I am happy that I possess both Commercial Pilot License and Private Pilot License. I have yet to fly P68C which is a double engine next month which will be my first hand on, I have been trained with Cessna 152 and Cessna 172 which are single engine planes. After that I will lookout for a prospect as pilot in private aviation, she said.
Among such inspiring success stories today a yet another courageous woman of Sikkim has successfully scaled; of which society must applause for the struggle, hard work and dedication.
In the previous episode VoiceofSikkim covered up the success story of Juhi Palmo Chettri hailing from Namchi in South Sikkim who bagged an opportunity to become first commercial pilot of state , she too had completed her flying training in USA in 2013.
In the same year as well as month of 2008 Miss Yasmin Iqbal Bhutia hailing from Gangtok missed the opportunity to grasp the state sponsored pilot training, but her father Late Md Iqbal Bhutia encouraged his daughter to go ahead with the training however it takes from his capacity. Yasmin and her father took off to Hyderbabad on July 2008 where Yasmin fortunately got enrolled in the India’s renowned Rajiv Gandhi Aviation Academy also known as Wing’s Aviation Academy.
A 24 years old proud captain daughter of Md Iqbal Bhutia and Smt Mariam Iqbal Bhutia did her schooling from St Joseph Convent in Kalimpong till Class X and she completed her XI , XII in Science Stream from Dr Grahams Homes Kalimpong in the year 2008. A caring father who always dreamt to see his daughter fly high assisted daughter to go for a pilot training even though ‘Unluckily’ she couldn’t through state sponsorship.
It was barely a month after she gets an admission in flying academy at Hyderbabad a big shock left Yasmin and her family in despair , her father passed away leaving mother, herself and her younger brother behind. With just a month she’d started training at Hyderabad the whole world turned heavy on her head but having whole dream of father to accomplish the destiny, Yasmine’s mother stood as a strong pillar to confront every challenges. It was an embarrassing situation but when the dedicated mother, a woman stood against all situation to tackle every bit of challenges then nothing can stop her. Yasmin gives all credits to her hardworking mother, she managed everything so well and she even didn’t let us realize pain even for a single second, Yasmin says. ‘The struggle she did for us after father passed away makes us feel very proud’.
Yasmin to VoS narrates her struggle during the training period which took her nearly 4 years to complete , with the determination and a dream of father in her eyes she gazed at the sky with a bold courage that she’d conquer the limits. She said that training was rigorous , as many trainees who had enrolled slowly walked out without completing the training. According to her she along with her another mate was only two female in the group of 10 during the pass out year. ‘One cannot just leave off on half way when the dream smears in the mind completely, it varies person to person but to me it was a challenge as well. In the infinity skies surrounded in between the clusters of cloud one shouldn’t feel completely directionless, direction don’t matter unless one reinforce through it to find a way courageously ’, she said to VoS.
‘However there was struggle but good number of best instructors in the institution never let our mind blogged with impossibility. We undergone through various program and skill building classes during the period of flying training, we even had a crush with scores of hard moments but we resisted and controlled such situations clogging our direction by our mind power and wisdom, that’s what is taught to us. There’s absolutely nothing to fear with height or any sort of mental retardation during the flight, it’s a reason some people think looking at the cockpit having strange looking widgets and gears, those when mastered will obey your commands, she said.
I completed my flying academy as a licensed Pilot early months of 2013 itself but due to delay in availing licenses from DGCA I had to wait for longer time, but now I am happy that I possess both Commercial Pilot License and Private Pilot License. I have yet to fly P68C which is a double engine next month which will be my first hand on, I have been trained with Cessna 152 and Cessna 172 which are single engine planes. After that I will lookout for a prospect as pilot in private aviation, she said.
VoiceofSikkim with Captain yasmin Iqbal Bhutia at her residency in Gangtok, 15 Feb 2014
Captian Yasmin Iqbal Bhutia is also a nature lover, she admits that she is fond of gardening but living in Gangtok town at MG marg such space isn’t available but she don’t hesitate when it come to preserving of greenery. She reveals her hobbies starting from playing guitar, watching movies, sharing fun time with children, singing and reading books.
Interestingly VoS gets some history clear, that Captain Yasmin who is also a granddaughter of Sikkim’s pioneering woman doctor then in 60’s late Dr. Fatimah Ibhrahim during the regime of Chyogal.
Today women are far scaling in various aspect compared to men, women are dominating men somehow or in a vast margin. Society should come out from narrow thinking of gender biased work culture, and women must diligently come out from such stigma, nothing is impossible when one commits. I feel Sikkim women are accelerating ahead; I am following various success stories of our women doing breakthrough progress and achievements. That is a reason to ponder that in coming time women will far breach men in many fields. It is also a governance which matters since that makes women strong, if encouragement is given to women in wide aspects then surely the women will prove that they are capable to do anything. The nicest thing about our state is that government encourages women which unlikely are observed elsewhere, she tells VoS.
On asking that if all children can fly like you one day ?, Captain Yasmin said that opportunity door in Sikkim is open, provided the people understand what they must opt for their career as well as be dedicated, state government is imparting series of programs which are beneficial for everyone here.
No matter tomorrow Captian Yasmin Iqbal Bhutia like another daughter will succeed challenging yet another milestone making state proud, one thing that tickle minds of people as well as children is that ‘Women are doing at their best and will cross frontiers and barriers where hypothetical male dominated societies have failed!’.
Buck up parents and orthodox thinkers , the culture rests there and then a new society will germinate where gender inequality will find no place at all, then high and low of last depreciated society will churn into ashes of never returning back phoenix! Give a prominence and priority to women, let’s see them flying with their wings wide over unbound skies with their capabilities , they will, they can do!!!
Interestingly VoS gets some history clear, that Captain Yasmin who is also a granddaughter of Sikkim’s pioneering woman doctor then in 60’s late Dr. Fatimah Ibhrahim during the regime of Chyogal.
Today women are far scaling in various aspect compared to men, women are dominating men somehow or in a vast margin. Society should come out from narrow thinking of gender biased work culture, and women must diligently come out from such stigma, nothing is impossible when one commits. I feel Sikkim women are accelerating ahead; I am following various success stories of our women doing breakthrough progress and achievements. That is a reason to ponder that in coming time women will far breach men in many fields. It is also a governance which matters since that makes women strong, if encouragement is given to women in wide aspects then surely the women will prove that they are capable to do anything. The nicest thing about our state is that government encourages women which unlikely are observed elsewhere, she tells VoS.
On asking that if all children can fly like you one day ?, Captain Yasmin said that opportunity door in Sikkim is open, provided the people understand what they must opt for their career as well as be dedicated, state government is imparting series of programs which are beneficial for everyone here.
No matter tomorrow Captian Yasmin Iqbal Bhutia like another daughter will succeed challenging yet another milestone making state proud, one thing that tickle minds of people as well as children is that ‘Women are doing at their best and will cross frontiers and barriers where hypothetical male dominated societies have failed!’.
Buck up parents and orthodox thinkers , the culture rests there and then a new society will germinate where gender inequality will find no place at all, then high and low of last depreciated society will churn into ashes of never returning back phoenix! Give a prominence and priority to women, let’s see them flying with their wings wide over unbound skies with their capabilities , they will, they can do!!!
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