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Strategies & Market Trends : India Coffee House -- Ignore unavailable to you. Want to Upgrade?

To: sea_biscuit who wrote (1725)	7/6/1998 10:31:00 PM
From: JPR	Read Replies (1) \| Respond to of 12475

Dipy: The reference was not to politics, but to the numerous religious riots that broke all over the sub-continent even before the British left the land. True, religious riots broke out and left many dead on both sides. It is not acceptable by any standards of human conduct. There is no way one can defend or explain it. This was an aberration that never happened in India before partition. I can not say what happened when the so-called Aryans invaded India. Did they kill the local inhabitants or peacefully "miscegenated" with them? Who knows? The proof is that both happened. I am reminded of uprooting and or migrations of Jewish people in ancient & modern times, the Gypsies, and Bosnian Muslims. Examples of man's inhumanity to man. JPR

To: sea_biscuit who wrote (1725)	7/6/1998 11:50:00 PM
From: JEFF CHAPMAN	Respond to of 12475

NEWS FLASH:: (COMTEX) B: Measures for Indian Infotech Development Recommended B: Measures for Indian Infotech Development Recommended NEW DELHI (July 7) XINHUA - A special team set up by the Indian government on May 22 has put forward a series of recommendations for the development of information technology and software in the country and set the target of annual software exports at 50 billion U.S. dollars by 2008. The National Task Force on Information Technology and Software Development submitted the "IT (information technology) Action Plan" to Prime Minister Atal Bihari Vajpayee last Saturday, the Times of India reported Tuesday. The action plan said infotech is expected to create more than a million jobs in the next five years when its recommendations are implemented. The suggested measures included introduction of sweat equity to IT employees, blanket approval for Indian IT firms to acquire foreign companies and zero duty on all IT products by the year 2002. The team also suggested a 100 percent depreciation on all IT products in two years, tripling of working capital requirements for industry, an end to Internet access monopoly, Internet access through cable, introduction of authorized independent service providers in all districts by 2000 and Internet service to all schools, polytechnic, colleges and universities by 2003. The prime minister has already appointed a four-member ministerial committee comprising the ministers of finance, information and broadcasting, human resources development and defense to examine the report by the task force headed by Deputy Chairman of the Planning Commission Jaswant Singh. The report said the software and IT services industry should be treated as a priority sector by banks for the next five years, besides creation of at least four venture capital funds with a corpus of not less than 500 million rupees (about 12.5 million U.S. dollars) each to cater exclusively to IT entrepreneurs. Permission could be granted to railways, defense, state electricity boards, powergrid corporations as well as organizations to use their fiber optic backbone to provide service to the public by interfacing existing or new public networks, it said. The task force also proposed a fund of 7 billion rupees (175 million dollars) to tackle the "Y2K" or year 2000 bug problems in computers of government organizations, besides recommending that each ministry or department earmark 1-3 three percent of its budget to it. The task force, which has made 108 recommendations, was required to identify bottlenecks for IT development in India and measures to remove them, and to formulate a draft on the national informatics policy with the aim of enabling the country to emerge as an "infotech superpower" in the next decade. Software has become one of India's major foreign exchange earners with 68 billion rupees (about 1.7 billion dollars) worth of software exports in 1997-98, an increase of 65 percent over the previous year. Enditem =07070339 07/07/98 03:44 GMT * end of story * BTW, I got this story from mytrack.com's software which is free and can be downloaded here: mytrack.com If you do sign up for this (you get Comtex newswires around the clock on markets around the world plus Marketguide reports for free, with news/quotes/ticker in 'pushed' streaming format, contests and chat), please put 'Muthavugah' in the referred by field...