☀️ JOIN SPN MOBILE
Forums
New posts
Guru Granth Sahib
Composition, Arrangement & Layout
ਜਪੁ | Jup
ਸੋ ਦਰੁ | So Dar
ਸੋਹਿਲਾ | Sohilaa
ਰਾਗੁ ਸਿਰੀਰਾਗੁ | Raag Siree-Raag
Gurbani (14-53)
Ashtpadiyan (53-71)
Gurbani (71-74)
Pahre (74-78)
Chhant (78-81)
Vanjara (81-82)
Vaar Siri Raag (83-91)
Bhagat Bani (91-93)
ਰਾਗੁ ਮਾਝ | Raag Maajh
Gurbani (94-109)
Ashtpadi (109)
Ashtpadiyan (110-129)
Ashtpadi (129-130)
Ashtpadiyan (130-133)
Bara Maha (133-136)
Din Raen (136-137)
Vaar Maajh Ki (137-150)
ਰਾਗੁ ਗਉੜੀ | Raag Gauree
Gurbani (151-185)
Quartets/Couplets (185-220)
Ashtpadiyan (220-234)
Karhalei (234-235)
Ashtpadiyan (235-242)
Chhant (242-249)
Baavan Akhari (250-262)
Sukhmani (262-296)
Thittee (296-300)
Gauree kii Vaar (300-323)
Gurbani (323-330)
Ashtpadiyan (330-340)
Baavan Akhari (340-343)
Thintteen (343-344)
Vaar Kabir (344-345)
Bhagat Bani (345-346)
ਰਾਗੁ ਆਸਾ | Raag Aasaa
Gurbani (347-348)
Chaupaday (348-364)
Panchpadde (364-365)
Kaafee (365-409)
Aasaavaree (409-411)
Ashtpadiyan (411-432)
Patee (432-435)
Chhant (435-462)
Vaar Aasaa (462-475)
Bhagat Bani (475-488)
ਰਾਗੁ ਗੂਜਰੀ | Raag Goojaree
Gurbani (489-503)
Ashtpadiyan (503-508)
Vaar Gujari (508-517)
Vaar Gujari (517-526)
ਰਾਗੁ ਦੇਵਗੰਧਾਰੀ | Raag Dayv-Gandhaaree
Gurbani (527-536)
ਰਾਗੁ ਬਿਹਾਗੜਾ | Raag Bihaagraa
Gurbani (537-556)
Chhant (538-548)
Vaar Bihaagraa (548-556)
ਰਾਗੁ ਵਡਹੰਸ | Raag Wadhans
Gurbani (557-564)
Ashtpadiyan (564-565)
Chhant (565-575)
Ghoriaan (575-578)
Alaahaniiaa (578-582)
Vaar Wadhans (582-594)
ਰਾਗੁ ਸੋਰਠਿ | Raag Sorath
Gurbani (595-634)
Asatpadhiya (634-642)
Vaar Sorath (642-659)
ਰਾਗੁ ਧਨਾਸਰੀ | Raag Dhanasaree
Gurbani (660-685)
Astpadhiya (685-687)
Chhant (687-691)
Bhagat Bani (691-695)
ਰਾਗੁ ਜੈਤਸਰੀ | Raag Jaitsree
Gurbani (696-703)
Chhant (703-705)
Vaar Jaitsaree (705-710)
Bhagat Bani (710)
ਰਾਗੁ ਟੋਡੀ | Raag Todee
ਰਾਗੁ ਬੈਰਾੜੀ | Raag Bairaaree
ਰਾਗੁ ਤਿਲੰਗ | Raag Tilang
Gurbani (721-727)
Bhagat Bani (727)
ਰਾਗੁ ਸੂਹੀ | Raag Suhi
Gurbani (728-750)
Ashtpadiyan (750-761)
Kaafee (761-762)
Suchajee (762)
Gunvantee (763)
Chhant (763-785)
Vaar Soohee (785-792)
Bhagat Bani (792-794)
ਰਾਗੁ ਬਿਲਾਵਲੁ | Raag Bilaaval
Gurbani (795-831)
Ashtpadiyan (831-838)
Thitteen (838-840)
Vaar Sat (841-843)
Chhant (843-848)
Vaar Bilaaval (849-855)
Bhagat Bani (855-858)
ਰਾਗੁ ਗੋਂਡ | Raag Gond
Gurbani (859-869)
Ashtpadiyan (869)
Bhagat Bani (870-875)
ਰਾਗੁ ਰਾਮਕਲੀ | Raag Ramkalee
Ashtpadiyan (902-916)
Gurbani (876-902)
Anand (917-922)
Sadd (923-924)
Chhant (924-929)
Dakhnee (929-938)
Sidh Gosat (938-946)
Vaar Ramkalee (947-968)
ਰਾਗੁ ਨਟ ਨਾਰਾਇਨ | Raag Nat Narayan
Gurbani (975-980)
Ashtpadiyan (980-983)
ਰਾਗੁ ਮਾਲੀ ਗਉੜਾ | Raag Maalee Gauraa
Gurbani (984-988)
Bhagat Bani (988)
ਰਾਗੁ ਮਾਰੂ | Raag Maaroo
Gurbani (889-1008)
Ashtpadiyan (1008-1014)
Kaafee (1014-1016)
Ashtpadiyan (1016-1019)
Anjulian (1019-1020)
Solhe (1020-1033)
Dakhni (1033-1043)
ਰਾਗੁ ਤੁਖਾਰੀ | Raag Tukhaari
Bara Maha (1107-1110)
Chhant (1110-1117)
ਰਾਗੁ ਕੇਦਾਰਾ | Raag Kedara
Gurbani (1118-1123)
Bhagat Bani (1123-1124)
ਰਾਗੁ ਭੈਰਉ | Raag Bhairo
Gurbani (1125-1152)
Partaal (1153)
Ashtpadiyan (1153-1167)
ਰਾਗੁ ਬਸੰਤੁ | Raag Basant
Gurbani (1168-1187)
Ashtpadiyan (1187-1193)
Vaar Basant (1193-1196)
ਰਾਗੁ ਸਾਰਗ | Raag Saarag
Gurbani (1197-1200)
Partaal (1200-1231)
Ashtpadiyan (1232-1236)
Chhant (1236-1237)
Vaar Saarang (1237-1253)
ਰਾਗੁ ਮਲਾਰ | Raag Malaar
Gurbani (1254-1293)
Partaal (1265-1273)
Ashtpadiyan (1273-1278)
Chhant (1278)
Vaar Malaar (1278-91)
Bhagat Bani (1292-93)
ਰਾਗੁ ਕਾਨੜਾ | Raag Kaanraa
Gurbani (1294-96)
Partaal (1296-1318)
Ashtpadiyan (1308-1312)
Chhant (1312)
Vaar Kaanraa
Bhagat Bani (1318)
ਰਾਗੁ ਕਲਿਆਨ | Raag Kalyaan
Gurbani (1319-23)
Ashtpadiyan (1323-26)
ਰਾਗੁ ਪ੍ਰਭਾਤੀ | Raag Prabhaatee
Gurbani (1327-1341)
Ashtpadiyan (1342-51)
ਰਾਗੁ ਜੈਜਾਵੰਤੀ | Raag Jaijaiwanti
Gurbani (1352-53)
Salok | Gatha | Phunahe | Chaubole | Swayiye
Sehskritee Mahala 1
Sehskritee Mahala 5
Gaathaa Mahala 5
Phunhay Mahala 5
Chaubolae Mahala 5
Shaloks Bhagat Kabir
Shaloks Sheikh Farid
Swaiyyae Mahala 5
Swaiyyae in Praise of Gurus
Shaloks in Addition To Vaars
Shalok Ninth Mehl
Mundavanee Mehl 5
ਰਾਗ ਮਾਲਾ, Raag Maalaa
What's new
New posts
New media
New media comments
New resources
Latest activity
Videos
New media
New comments
Library
Latest reviews
Donate
Log in
Register
What's new
New posts
Menu
Log in
Register
Install the app
Install
Welcome to all New Sikh Philosophy Network Forums!
Explore Sikh Sikhi Sikhism...
Sign up
Log in
Social Lounge
Business, Lifestyle & Leisure
Remarkable Turn Around In Punjab Economy
JavaScript is disabled. For a better experience, please enable JavaScript in your browser before proceeding.
You are using an out of date browser. It may not display this or other websites correctly.
You should upgrade or use an
alternative browser
.
Reply to thread
Message
<blockquote data-quote="Taranjeet singh" data-source="post: 122789" data-attributes="member: 10049"><p>Very many thanks for posting the above article.</p><p>The following are the figures that are indicative of the economic development of India.These are taken from the Government of India's site.May be it is of some use who want to invest in India.</p><p></p><p><strong>Indian Economy: Highlights –January 2010</strong></p><p><strong>Industrial Production</strong></p><p>The data on the industrial production shows initial indications of improvement. The overall index of industrial production after registering a growth of 10.3 percent in October 2009 witnessed an even higher growth of 11.7 percent in November 2009.</p><p>Further the classifications of the industrial production shows the manufacturing and mining sectors register growths of 12.7 percent and 10.0 percent respectively in November 2009. Growth in the electricity sector was also seen to grow by 3.3 percent compared to the growth recorded in the previous year.</p><p><strong>Core Infrastructure</strong></p><p>The overall index of six core infrastructure industries registered a growth of 6.0 percent in December 2009, which was 5.3 percentage higher than the growth recorded in the same month of previous year. The crude oil production after registering negative growth for five consecutive months, witnessed a growth of 1.1 percent in December 09. Once again cement and finished steel segments were best performers, with respective growths of 11.0 percent and 9.6 percent. The coal and petroleum sectors remained laggards. The growth in coal production was 2.5 percent in December 09 much lower than the growth of 11.2 percent in the same month of previous year. Similarly petroleum refinery segment registered 0.9 percent growth in December 2009 as against a high growth of 3.0 percent recorded in corresponding month of 08.</p><p><strong>Inflation</strong></p><p>The skyrocketing food prices resulted into flaring of overall inflation, this continues to be a major concern. The rate of inflation increased by almost 2 percentage, from 5.5 percent in November 09 to 7.3 percent in December 09. This was also higher than the inflation rate of 6.2 percent recorded in December 2008.</p><p>In December 2009 the inflation rate for three broad segments – primary articles, fuel lubricants and light and manufactured products was 14.9 percent, 4.3 percent and 5.2 percent respectively.</p><p><strong>Monetary Indicators</strong></p><p>The broad money supply expanded by 10.9 percent during the April-December period of 2009-10. The corresponding growth during the previous fiscal was 12.4 percent.</p><p>The aggregate deposits increased by 9.8 percent during April-December period of 2009-10. The growth during the first three quarters of 2008-09 was 11.7 percent. (calculated from March end upto the December)</p><p>The bank credit went by 7.0 percent over the period April to December 2009-10, while the growth in corresponding period of the last fiscal was 12.1 percent.</p><p><strong>Stock Market Trends</strong></p><p>High investment activity was seen in the stock market after the economic fundamentals gained strength. The stock market remained bullish in the month of December 09 with BSE Sensex closing at over 17k points by month end.</p><p><strong>Fiscal Trends</strong></p><p>The gross tax revenue collections during the period April-December 2009-10 amounted to Rs 4, 16, 094 crore a drop by 2.5 percent from Rs 4, 26,795 crore revenue collections over the same period last fiscal.</p><p>While income from the direct sources of tax revenue, i.e. income and corporate tax increased however, collections from indirect sources witnessed a fall. Over the period, April-December 2009-10 the growth in revenue from income tax was 12.2 percent and in case of corporate tax it was 16.8 percent. Growth in the custom duty, excise duty and service tax collections, on the other hand, was negative 29.2 percent, (-) 18.2 percent and (-) 5.9 percent respectively. </p><p>The revenue receipts of the government witnessed a marginal increase, from Rs 3, 75,937 crore in April-December 2008-09 to Rs 3, 89,271 crore during the same period this financial year. With an additional expenditure of Rs 1,10, 324 crore during the period April-December 2009-10 vis-à-vis same period last year, the total expenditure saw an increase of 18.5 percent. The resultant fiscal deficit over the corresponding period was Rs 3, 09, 980 crore.</p><p><strong>Foreign Trade</strong></p><p>The growth in the merchandise exports sector turned positive in November 2009 after a thirteen-month period of decline. The growth recoded in December 2009 was relatively lower than the growth seen in the previous month. In December 2009 the exports registered a growth of 9.3 percent, as against the growth of 18.2 percent registered in November 2009.</p><p>The imports also registered a positive growth after being in the negative territory for straight eleven months of 2009 since January . The imports grew by 27.2 percent in December 2009. Oil imports grew by 42.8 percent, while non-oil imports increased by 22.4 percent.</p><p><strong>Foreign Investments</strong></p><p>Foreign direct investment of USD 1.7 billion was received in November 2009 as against the inflows of USD 2.3 billion in the previous month. There was a decline in the portfolio investments as well in November 09 vis-à-vis inflows in the previous month. The cumulative investment inflows over the period April-November 2009-10 amounted to USD 47.1 billion.</p><p><strong>Foreign Exchange Reserves</strong></p><p>The forex reserves accumulated in November 2009 was USD 286.7 billion. Last year the reserves had fallen to USD 247.6 billion in the same month.</p><p><strong>Exchange Rate</strong></p><p>The rupee witnessed slight appreciation in the month of January 2010 vis-à-vis the USD. The Rupee Dollar exchange rate which averaged Rs 46.6/USD in the month of December 2009 was at Rs 45.9/USD in January 2010.</p><p></p><p>________________________________________________________________________</p><p><strong>General Observation and in context of Punjab</strong></p><p>Taranjeet singh</p><p><strong>1.Strengtheing of Indian Rupees</strong></p><p></p><p>During the year the Rupee has strengthened thus affecting the exporters. However, the effect on The economy of Punjab would be minimal as the export oriented Industrial units in Punjab are only a few and their contribution to the overall economy is almost nil. The effect would be felt directly by the industries engaged in software exports to Us and Europe. The software giants have made the base in Banglore.Punjab has only small and medium enterprises but the percentage contribution is almost insignificant</p><p></p><p><strong>2.Poor receipt of FDI in Punjab due to Government Policy </strong></p><p></p><p>The Foreign Direct Investment receipts for Punjab are also nil ,insofar, as the Institutional investors are concerned. Yes, there may be inflow of Dollars on account of the assistance sanctioned by the World Bank for the rural infrastructural development. </p><p></p><p><strong>3.Industrial Production is poor in Punjab</strong></p><p></p><p>Punjab has been dependent on Agriculture. Its 75 percent population is engaged in Agriculture or agri-related business. Due to the apathy of the Central government and non-follow up by the state Government no major Licences are routed to this state. This state of affairs shall continue unless there is a dramatic change in the Centers Policy towards Punjab. The major Industrial financing was done by Punjab state industrial Corporation, a development Bank of Punjab Government, was at the verge of closure on account of NPAs and huge backlog of the dues of the arrears of loans sanctioned by it. There is absence of any thrust given to the Private sector through PPP route.</p><p></p><p>Punjab has base of traditional industries like cycles,agri -related business, textile and tourism ,the revenue of which is on decline .It does not have any major industry. </p><p>PPP route is fairly in vogue in India. But Punjab has got step motherly treatment.It can be accounted for the reasons that are well known and are not spelled out here. </p><p></p><p><strong>4.Core Infrastructure absent in Punjab</strong></p><p></p><p>Out of the six core industries, the contribution of Punjab is almost nil. </p><p></p><p>It would be apparent that Punjab has to rope in big Industrial houses so that it can also be called as Industrial state. It is a subjective analysis.</p></blockquote><p></p>
[QUOTE="Taranjeet singh, post: 122789, member: 10049"] Very many thanks for posting the above article. The following are the figures that are indicative of the economic development of India.These are taken from the Government of India's site.May be it is of some use who want to invest in India. [B]Indian Economy: Highlights –January 2010 Industrial Production[/B] The data on the industrial production shows initial indications of improvement. The overall index of industrial production after registering a growth of 10.3 percent in October 2009 witnessed an even higher growth of 11.7 percent in November 2009. Further the classifications of the industrial production shows the manufacturing and mining sectors register growths of 12.7 percent and 10.0 percent respectively in November 2009. Growth in the electricity sector was also seen to grow by 3.3 percent compared to the growth recorded in the previous year. [B]Core Infrastructure[/B] The overall index of six core infrastructure industries registered a growth of 6.0 percent in December 2009, which was 5.3 percentage higher than the growth recorded in the same month of previous year. The crude oil production after registering negative growth for five consecutive months, witnessed a growth of 1.1 percent in December 09. Once again cement and finished steel segments were best performers, with respective growths of 11.0 percent and 9.6 percent. The coal and petroleum sectors remained laggards. The growth in coal production was 2.5 percent in December 09 much lower than the growth of 11.2 percent in the same month of previous year. Similarly petroleum refinery segment registered 0.9 percent growth in December 2009 as against a high growth of 3.0 percent recorded in corresponding month of 08. [B]Inflation[/B] The skyrocketing food prices resulted into flaring of overall inflation, this continues to be a major concern. The rate of inflation increased by almost 2 percentage, from 5.5 percent in November 09 to 7.3 percent in December 09. This was also higher than the inflation rate of 6.2 percent recorded in December 2008. In December 2009 the inflation rate for three broad segments – primary articles, fuel lubricants and light and manufactured products was 14.9 percent, 4.3 percent and 5.2 percent respectively. [B]Monetary Indicators[/B] The broad money supply expanded by 10.9 percent during the April-December period of 2009-10. The corresponding growth during the previous fiscal was 12.4 percent. The aggregate deposits increased by 9.8 percent during April-December period of 2009-10. The growth during the first three quarters of 2008-09 was 11.7 percent. (calculated from March end upto the December) The bank credit went by 7.0 percent over the period April to December 2009-10, while the growth in corresponding period of the last fiscal was 12.1 percent. [B]Stock Market Trends[/B] High investment activity was seen in the stock market after the economic fundamentals gained strength. The stock market remained bullish in the month of December 09 with BSE Sensex closing at over 17k points by month end. [B]Fiscal Trends[/B] The gross tax revenue collections during the period April-December 2009-10 amounted to Rs 4, 16, 094 crore a drop by 2.5 percent from Rs 4, 26,795 crore revenue collections over the same period last fiscal. While income from the direct sources of tax revenue, i.e. income and corporate tax increased however, collections from indirect sources witnessed a fall. Over the period, April-December 2009-10 the growth in revenue from income tax was 12.2 percent and in case of corporate tax it was 16.8 percent. Growth in the custom duty, excise duty and service tax collections, on the other hand, was negative 29.2 percent, (-) 18.2 percent and (-) 5.9 percent respectively. The revenue receipts of the government witnessed a marginal increase, from Rs 3, 75,937 crore in April-December 2008-09 to Rs 3, 89,271 crore during the same period this financial year. With an additional expenditure of Rs 1,10, 324 crore during the period April-December 2009-10 vis-à-vis same period last year, the total expenditure saw an increase of 18.5 percent. The resultant fiscal deficit over the corresponding period was Rs 3, 09, 980 crore. [B]Foreign Trade[/B] The growth in the merchandise exports sector turned positive in November 2009 after a thirteen-month period of decline. The growth recoded in December 2009 was relatively lower than the growth seen in the previous month. In December 2009 the exports registered a growth of 9.3 percent, as against the growth of 18.2 percent registered in November 2009. The imports also registered a positive growth after being in the negative territory for straight eleven months of 2009 since January . The imports grew by 27.2 percent in December 2009. Oil imports grew by 42.8 percent, while non-oil imports increased by 22.4 percent. [B]Foreign Investments[/B] Foreign direct investment of USD 1.7 billion was received in November 2009 as against the inflows of USD 2.3 billion in the previous month. There was a decline in the portfolio investments as well in November 09 vis-à-vis inflows in the previous month. The cumulative investment inflows over the period April-November 2009-10 amounted to USD 47.1 billion. [B]Foreign Exchange Reserves[/B] The forex reserves accumulated in November 2009 was USD 286.7 billion. Last year the reserves had fallen to USD 247.6 billion in the same month. [B]Exchange Rate[/B] The rupee witnessed slight appreciation in the month of January 2010 vis-à-vis the USD. The Rupee Dollar exchange rate which averaged Rs 46.6/USD in the month of December 2009 was at Rs 45.9/USD in January 2010. ________________________________________________________________________ [B]General Observation and in context of Punjab[/B] Taranjeet singh [B]1.Strengtheing of Indian Rupees[/B] During the year the Rupee has strengthened thus affecting the exporters. However, the effect on The economy of Punjab would be minimal as the export oriented Industrial units in Punjab are only a few and their contribution to the overall economy is almost nil. The effect would be felt directly by the industries engaged in software exports to Us and Europe. The software giants have made the base in Banglore.Punjab has only small and medium enterprises but the percentage contribution is almost insignificant [B]2.Poor receipt of FDI in Punjab due to Government Policy [/B] The Foreign Direct Investment receipts for Punjab are also nil ,insofar, as the Institutional investors are concerned. Yes, there may be inflow of Dollars on account of the assistance sanctioned by the World Bank for the rural infrastructural development. [B]3.Industrial Production is poor in Punjab[/B] Punjab has been dependent on Agriculture. Its 75 percent population is engaged in Agriculture or agri-related business. Due to the apathy of the Central government and non-follow up by the state Government no major Licences are routed to this state. This state of affairs shall continue unless there is a dramatic change in the Centers Policy towards Punjab. The major Industrial financing was done by Punjab state industrial Corporation, a development Bank of Punjab Government, was at the verge of closure on account of NPAs and huge backlog of the dues of the arrears of loans sanctioned by it. There is absence of any thrust given to the Private sector through PPP route. Punjab has base of traditional industries like cycles,agri -related business, textile and tourism ,the revenue of which is on decline .It does not have any major industry. PPP route is fairly in vogue in India. But Punjab has got step motherly treatment.It can be accounted for the reasons that are well known and are not spelled out here. [B]4.Core Infrastructure absent in Punjab[/B] Out of the six core industries, the contribution of Punjab is almost nil. It would be apparent that Punjab has to rope in big Industrial houses so that it can also be called as Industrial state. It is a subjective analysis. [/QUOTE]
Insert quotes…
Verification
Post reply
Social Lounge
Business, Lifestyle & Leisure
Remarkable Turn Around In Punjab Economy
This site uses cookies to help personalise content, tailor your experience and to keep you logged in if you register.
By continuing to use this site, you are consenting to our use of cookies.
Accept
Learn more…
Top