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Economy of Trivandrum / Thiruvananthapuram

125K views 298 replies 47 participants last post by  prameesh_p_s 
#1 ·
KERALA GOVERNMENT: BUDGET 2013-14

Trivandrum's share in State budget







 
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#158 ·
GST Head office in Trivandrum

http://www.mathrubhumi.com/print-edition/kerala/kottakkal-1.1947662

:banana::banana::banana:
കോട്ടയ്ക്കല്*: ചരക്ക്-സേവന നികുതി പ്രാവര്*ത്തികമാക്കുന്നതിന്റെ ഭാഗമായി ജൂണ്* ഒന്നുമുതല്* സംസ്ഥാനത്ത് നിലവില്*വരുന്ന ജി.എസ്.ടി. ഓഫീസുകളുടെ രൂപരേഖയായി. ...

Read more at: http://www.mathrubhumi.com/print-edition/kerala/kottakkal-1.1947662കോട്ടയ്ക്കല്*: ചരക്ക്-സേവന നികുതി പ്രാവര്*ത്തികമാക്കുന്നതിന്റെ ഭാഗമായി ജൂണ്* ഒന്നുമുതല്* സംസ്ഥാനത്ത് നിലവില്*വരുന്ന ജി.എസ്.ടി. ഓഫീസുകളുടെ രൂപരേഖയായി. ...

Read more at: http://www.mathrubhumi.com/print-edition/kerala/kottakkal-1.1947662
 
#160 ·
Some thing smelling fishy.

This allegation was raised when the production level was going up in a good way.
Study by National Institute of Oceanography, inspection by CPCB,Bangalore...
There are two more Titanium Plants in Kerala --- Kerala Metals and Minerals Limited,Chavara and Cochin Minerals and Rutile Ltd.,...all have a level of pollution.

The case highlighted here could be lack of proper housekeeping.
Especially since the sulfur is handed inside using truck,there are chances of spillage in each dump.May be they can consider a closed conveying system.

TTP can approach NIIST/VSSC for technical help in this regard.

There is always a scope of producing value added Titanium Sponge from Titanium Dioxide.and VSSC has technical know-how for that.
 
#166 ·
HLL for only 49% disinvestment

Management comes up with alternative to Centre’s total disinvestment plan

While the Union government is making a serious bid for total privatisation of HLL Lifecare Ltd., disinvestment of 49% shares is being mooted as a pragmatic and feasible alternative.

Those associated with the process told The Hindu here that the proposed strategy to divest 100% shares may not help the government mop up adequate resources but may bring in its trail attendant problems, mainly retrenchment of employees and allied issues and also seriously curtail the scope for engaging local people. It is also feared to stymie optimum business development and growth.

The current business model adopted by the public sector company has proved to be conducive for its development prospects. Moreover, its assets may not fetch the projected market value once listed for privatisation in the current market conditions.

The State government had provided 19 acres of prime land here at a nominal cost of Rs. 2 and the Tamil Nadu and Karnataka State governments too followed suit by offering land at minimum cost to the company. The value of assets has accrued over the years and the company has been able to carve a prominent space of its own in the health sector, sources said.

“The government feels that it would save on the financial support required to be provided to the loss-making Central Public Sector Enterprises and also monetise its investment in such units. This theory does not seem to augur well with the case of HLL Lifecare that fares well and thrives on its own,” sources said.

The strategic buyer is expected to infuse funds, adopt latest technology and new management techniques. The growth of the company, post-disinvestment, is expected to generate more employment opportunities. But such claims are being rejected as unfounded on the premise that a new buyer would lay accent only on generating profit and it would eventually lead to downsizing of staff and also completely plug the scope for local employment. In addition to a 5,000-strong workforce, comprising professionals, it engages more than 15,000 employees, mostly residents in each locale and that is being considered as one of its prime strengths too.

A 49% disinvestment is being seen as a more viable option. It would lend more transparency to the functioning of the company and also improve the quality of corporate governance. The government would be able to retain its control on the company and the local people may also be able to obtain shares through a due process, though in a limited scale.

The Department of Investment and Public Asset Management under the Union Finance Ministry has not explored such options before settling down for total privatisation.

The company is learnt to have put forward this alternative, but to no avail, sources say.

http://www.thehindu.com/todays-pape...for-only-49-disinvestment/article19139050.ece
 
#169 ·
^^^^^^^^^^^^^^^^^^^^

Cannot fathom why they are doing this. They get just Rs. 80 Cr. Accumulated losses till last year alone is more than 50,000 Cr, and this is increasing every day the airline is in operation. Even though the government has initiated process to sell off the airline, I do not think that any sensible business will be interested in even touching the airline with a pole. It is better that they start winding up and bankruptcy proceedings straight away.
 
#171 ·
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Is there any need for this? The organizations are working reasonably ok. If they are attempting to improve, they should look at beefing up all areas of sales and marketing, on top priority. This is very weak even in comparison with similar organizations of neighboring states.
 
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