Showing posts with label economy. Show all posts
Showing posts with label economy. Show all posts

Darjeeling Industrial Potential

12:06 PM
Potential industries in Darjeeling have been categorized in three groups namely:


RESOURCE-BASED INDUSTRIES

Food Processing» Darjeeling district alone produces approximately 90,000 tonnes of Pineapple, 20,000 tonnes of Oranges, 80,000 tonnes of Tomato per annum. Besides as much as 6,00,000 nos. of Oranges per day are available in peak season from Sikkim. These huge resources of raw fruits justifies setting up of an integrated plant for producing various items like Orange Squash, Orange Marmalade, Tomato Sauce, Vinegar, Juice, Pineapple rings, Frozen fruits etc.


Darjeeling Industrial Potential

Floriculture» Existing production of 60 MT of flowers in Darjeeling district and 20 MT available from Sikkim can easily be exploited. Besides flower cymbidiums, cypripedium and other orchards, cactuses, bulbs, gladiolie etc., which are in huge demand, are available in abundance. Tissue culture also has tremendous prospects. 

Pharmaceuticals» Darjeeling has the potential to come up as one of the most promising area for production of phytochemical and pharmaceutical products. Apart from the present exploitation of Chnchona bank for quinine and ipecac root for emetine, the following items have been identified:

Raserpin from Rauvolfia, Contraceptive pills and hormones from Dioscorea. Cardia glycosides from Digitalis, Alkalloids from Ergot, Atropine and Scopolamine from Daturas, Lemongrass oil, Palmarosa oil , Khas Khas Oil, Citronella Oil , Vinca Rosia.

The West Bengal Photochemical and Pharmaceutical Development Corporation has already been running one profit making unit in Toralpara in Jalpaiguri. The Forest Department of West Bengal has been producing 50,000 litres of Citronella oil per annum in Sukna Distillation Plant. The medicinal plants do not need big plots of land for their cultivation. They can well grow in forest, tea gardens and in other farming lands. Ginger products manufacturing, extraction of papein from papaya are other very lucrative possibilities. Darjeeling produces nearly 4,000 tonnes of ginger per annum most of which is sent out side the district without any processing.

Wood based industries» Large forest cover with abundant supply of wood, bamboo, cane etc. provides excellent opportunity for setting up of industries for manufacture of plywood, veneer, particle board from wood dust, wooden furniture, wood charcoal, cane furniture etc. 
Sericulture» Climate of Darjeeling district id ideally suited for mulberry cultivation, which does not require larger pieces of land. Further processing of cocoons at local level will ensure high value addition thereby increasing its acceptability amongst small farmers. 

Rubber Plantation» Darjeeling district also has ideal conditions for rubber plantation. Setting up of a rubber unit having its own rubber plantation will also encourage the small farmers of surrounding area to take up this activity and sell the rubber milk to the rubber unit.
Mining» A proven reserve of lead zince deposit of 3.256 million tonne with averager metal content of 8% upto a depth of 250 mtrs. In Goroubathan may be commercially exploited after a feasibility study in this regard. 

Natural caffeine is produced from tea wastes, which can be encouraged for commercial exploitation.

Animal resource based industries» Huge cattle population in Darjeeling provides and opportunity for a systematic approach for collection and processing of milk. Hides and skins, which are easily available, can be used to promote leather industry. Handicrafts based leather products exploiting traditional expertise have ready market due to tourist traffic large urban population also provides in opportunity for promotion of other animal resource based activities like poultry, dickery, piggery, and goatery.

DEMAND BASED INDUSTRIES

In keeping with the rising demand of cheap protein, Darjeeling district has been nurturing a number of buttom and oyster mushroom farms quite successfully. These farms require a little amount of land and local entrepreneurs are quite well equipped with the technology. The industry has excellent export potential as well.

Dust free and cool regions of Darjeeling could be utilized for promotion of Electronic and Software industry. Some tea industry based Electronic appliances identified by West Bengal Electronic Industry Development Corporation are, namely, Digital Thermometer, Electronic Pressure Gauge, Electronic Hygrometer, Sequential Timber, Electronic Thermometer, Automatic Temperature Controlling system, Multiple Peripheral Controller, Moisture Meter, Automatic Weighing system, Electronic Colour sawing system, Electronic Image Processing system.

The Concept of DTP (Desk Top Publishing) which has revolutionized the printing technology the world over, has opened a whole new world of innovative designing and publishing for the people engaged in printing, writing, designing, visualizing, advertising, commercial art etc. The burgeoning urban population in Siliguri, Kurseong, Kalimpong and Darjeeling is expected to make increasing demand on such sophisticated electronic media of printing.

TV Set Assembling TV Antenna Manufacturing has already seen quite a considerable number of profit making industrial enterprises in and around Siliguri. Similar enterprises could be set up in Darjeeling, K

Bio-fertilizer units have tremendous potential in view of adverse effects of chemical fertilizers on the quality fo tea in particular and other agricultural produce in general. There is also a possibility for processing the urban waste into organic manure which shall find ready market in the tea and other plantations. Siliguri Municipal Corporation area alone produces about 200 MT of garbage daily.

Household consumables and consumer durables both can be produced at Siliguri in view of large distribution network which can be used for marketing of these products in eastern India.
As a result of growth of small and medium industry around Siliguri there is a possibility of setting up of units for manufacturing of industrial spares, consumables, lubricants, automobile spares and other such articles of replaceable nature.

SKILL BASED INDUSTRIES

The artisans of these districts create exquisite varieties of ornaments, carpets, household articles, handicrafts, and other articles, which are widely acclaimed. The traditional cottage industries also include woolen garments, and cane and bamboo work. These cottage and handicraft industries however need proper marketing support through purchase, organising of handicraft exhibitions, formation of societies and guilds etc.

TOURISM BASED INDUSTRIES

Darjeeling needs wayside resorts at places like Sukna, Mirik, Teesta, Malli, Kurseong etc. where travelers could halt for brief rest and refreshment.
Big size highway hotels, catering to corporate conference and seminars are required for attracting business travel.

The existing and proposed hotels and extend their services to the local clientele and weekend tourists through swimming pools, Golf courses, family resorts, hut clusters etc.
Organisation of craft meals, local folk cultural meets, flower shows, Himalayan Car Rally etc. at a fixed time in the year preferably in March, April and May by the resorts themselves would attract visitors from all over the country.

Conversion of depressions, marshy land etc. into shallow waters for attracting migratory birds and construction of small resorts and catering facilities around these sites will attract local parties, wedding, school children and weekend tourists.

Source:sjda.org

CPM - DDCKMU demand wages hike for tea garden workers

10:33 AM
The CPM-affiliated Darjeeling District Chiya Kaman Majdoor Union (DDCKMU) has demanded increments to the daily wages of tea garden workers in the hills.

CPM leader Saman Pathak in Darjeeling on Friday
CPM leader Saman Pathak in Darjeeling on Friday
During a meeting of the trade union today in Darjeeling, the DDCKMU adopted a resolution to demand a rise in workers’ wages. CPM leader and former Rajya Sabha MP Saman Pathak said: "We have decided to pressurise the state government to increase the wages of tea garden workers. We will submit a memorandum to the assistant labor commissioner on February 17 in this regard and also table other demands."

According to Pathak, garden workers at present receive Rs 90 as daily wages despite the actual rate being fixed at Rs197. the CPM leader alleged the management is eating into the benefits of the workers by giving them Rs 90 in wages and the rest in the form of fringe benefits such as firewood supply and gratuity. “However, we now want the management to fix workers’ daily wage at Rs 280 excluding the fringe benefits," said Pathak.

The workers were earlier receiving Rs 67 as daily wages and this was revised upwards and fixed at Rs 90 by the management amid pressure from the Gorkha Janmukti Morcha-affiliated Darjeeling Terai Dooars Plantation Labor Union in 2011. The new rate came into force from April 2011. Apart from the demand to hike the daily wage, the DDCKMU today also discussed the proposal to privatise state government-run gardens. But it is opposed to plans to privatise five tea gardens under the West Bengal Tea Development Corporation (WBTDC).

"The state government earlier this month decided to hand over five tea gardens under the WBTDC to a private company. The reason cited was that it wants to save the sick gardens. But from 1972 to 1982, those five gardens were under private hands and no improvement was made with matters worsening instead. This had forced the state government to reclaim them," Pathak pointed out.  At present, three gardens in the hills and two from the plains are under the WBTDC.

The CPM-led trade union is also against the proposal to privatise dairy producer HIMUL as it feels doing so would be detrimental to the interests of milk producers.

Source:EOI

European Union to drink 100% pure Darjeeling Tea; gets PGI status

3:21 PM
KOLKATA: The year 2014 is expected to be a good one for the Darjeeling tea industry. EU is expected to pick up more tea from India as it has to offload its entire inventory of the so called 'Darjeeling tea' and start procuring 100% fresh Darjeeling tea to serve its customers. In 2011, European Commission has registered Darjeeling tea as a Protected Geographic Indication (PGI) product — the first commodity from India to get such a tag. 

In 2011, European Commission has registered Darjeeling tea
 as a Protected Geographic Indication (PGI) product —
 the first commodity from India to get such a tag.
The status indicates that the tea produced only in Darjeeling
 can be sold as Darjeeling tea in the European Union countries.
The status indicates that the tea produced only in Darjeeling can be sold as Darjeeling tea in the European Union countries. Along with this, a section of blenders selling the brew with a certain percentage of the commodity as Darjeeling tea was given a five-year time to shift to the new business. "Darjeeling tea has a shelf life of three years. 

If EU has to sell pure Darjeeling tea from 2016, it will have to start buying tea from this year. EU blenders are expected to offload their inventory this year and start buying fresh stock," said Sheo Sankar Bagaria, chairman, Darjeeling Tea Association. Till date, some blenders in the EU countries generally mix 49% of any tea with 51% of Darjeeling tea and still sell it as Darjeeling tea. 

The EU notification came into effect from November 10, 2011. However, the blenders were handed out a caveat in the sense that only those people whose products were in the market five years before October 14, 2009, could continue selling their blended product as Darjeeling tea for the next five years. At present, EU imports nearly 3-4 million kg of Darjeeling tea, which accounts for nearly 60% of Darjeeling's tea export. 

The 87-odd tea gardens in Darjeeling produce around 9 million kg of made tea annually. The EU buying this year will come as a major respite for the Darjeeling tea industry as 2013 has not been a very good year for Darjeeling tea. While quality of teas suffered due to heavy rains, a number of export orders were cancelled due to the Gorkhaland Janmukti Morcha agitation in the hills. 

Source:indiatimes


Darjeeling tea under threat from Nepal variety

11:29 AM
The world-renowned Darjeeling tea is coming under direct threat from the variety from neighbouring Nepal as the latter has started flooding European markets. However, the Darjeeling tea industry is taking note of this possible danger and is reportedly taking adequate steps to nip the ‘expansion’ in the bud.

Darjeeling tea under threat from Nepal variety
The renowned Darjeeling tea in one of the gardens.
According to tea industry stakeholders, the Nepal variety is being showcased as “tea from the Himalayas” across European markets.

“Darjeeling tea has been sold in European markets since ages and has a brand value there. But of late, competition is coming from an unlikely quarter - Nepal,” noted Sandeep Mukherjee, principal advisor to the Darjeeling Tea Association (DTA), an umbrella organisation of the 87 tea gardens of the Darjeeling hills.

Mukherjee warned the tea from Nepal is gaining ground in European markets and this could have an adverse impact on the export of Darjeeling tea to those markets.  

“The Nepal variety is expanding slowly in Europe even though Darjeeling tea has a stronghold in markets there. But if the rise of Nepal tea continues, the consequences could be felt in the export of Darjeeling tea,” he cautioned.

Darjeeling produces more than 9 million kg of tea annually, of which the majority is exported to Europe as well as to the US and Japan. The first and the second flush are the most sought-after products in those markets and fetch record prices.

Unfortunately, tea production in the Darjeeling hills is facing unprecedented problems such as drought, natural disasters as well as disturbances from the political perspective.

During the puja ceremony organised today by the Chamong Tea Group at Soom Tea Estate to mark the start of a fortnight’s celebrations of 25 years of the company’s existence, the DTA principal advisor said the Union government had been apprised about the threat posed by Nepal.

“Darjeeling tea is a brand like Champagne and is included as a Global Indicator (GI) to ensure its safeguard. We have written to the Union Ministry of Commerce and Trade for timely intervention,” said Mukherjee.

According to him, it is imperative that the Union government and the Darjeeling tea industry work together to educate consumers about the value of Darjeeling tea.

“Consumers are usually confused. They fail to determine the difference between Darjeeling tea and the ones from Nepal that are being sold as ‘tea from the Himalayas’, because Darjeeling also falls under the same category. We must launch programmes to educate consumers on this,” advised Mukherjee.

The Chamong Tea Group owns 14 tea gardens in the hills that alone produce 1.4 million kg of organic tea. As much as 75 per cent of the produce is exported to countries such as Germany, the UK, Japan and the US.

Gorkhaland Territorial Administration chief executive and Gorkha Janmukti Morcha president Bimal Gurung was also present at the Soom TE function, but declined to speak to the  media on the matter.

Source:EOI


Darjeeling would soon be coffee-growing areas in India

10:44 AM
Known for natural beauty and tea gardens, Palanpur (Himachal Pradesh) and Darjeeling (West Bengal) would soon find a place on India's map of new coffee-growing areas.

Darjeeling would soon be coffee-growing areas in India
Coffee Plant

A coffee board official said that due to a sharp rise in coffee consumption in the domestic market in last five years, the government is exploring coffee-growing potentials in non-traditional regions such as Himachal Pradesh and West Bengal. “At present, we are carrying out trials in these regions as climatic conditions are similar to the traditional coffee-growing areas in South India and northeast. Depending on the results, we will promote coffee production in these areas,” said Jawaid Akhtar, chairman of Coffee Board.
“Some of these regions at higher altitude are suited for growing Arabicas of mild quality while those with warm and humid conditions are best suited for Robustas coffee,” Akhtar said.

Coffee Board, which governs production and trade, has asked scientists at Chickmangalur-based Central Coffee Research Institute, Bangalore-based Indian Institute of Horticultural Research and other state agricultural universities to carry out trials for commercial cultivation of coffee in Himachal Pradesh and West Bengal. At present, coffee is grown in three regions — Karnataka (53%), Kerala (28%) and Tamil Nadu (11%) in South India, followed by the non-traditional areas of Andhra Pra-desh, Orissa and some parts of the northeastern states.

In last five years, Araku coffee, grown in the Eastern Ghats — the Chintapalli and Paderu areas of Visakhapatnam — has made its mark globally on account of its organic nature and aromatic flavour.
Ever since the entry of domestic and global coffee chains, coffee consumption has seen a sharp rise particularly in the northern and western parts of the country. “The domestic consumption is growing at 5% to 6% and we are looking at new areas to meet the rising demand in the country and abroad,” Akhtar said.

Last week, coffee board has estimated the output for 2013-14 (October-September) at 3.1 lakh tonne, which has shown a reduction of 35,500 tonne or —10.23% over the post-blossom estimates of 2013-14 of 3.4 tonne. The domestic consumption is estimated at 1.08 lakh tonne. Of the total estimate, the break up for Arabica and Robusta is about one lakh tonne and close to 2.1 lakh tonne respectively.

As per estimates, Arabica production may fall 8.11% by 9,000 tonne and Robusta production may fall 11.23% by 26,500 tonne. “In the current season, coffee areas have witnessed a long period of drought after receiving blossom showers, followed by an extremely harsh monsoon,” the board has recently stated in a statement.

Meanwhile, coffee exports rose marginally by nearly 3% to 3.14 lakh tonne in 2013 on back of a sharp jump in re-export of instant coffee, despite sluggish global prices. The country had exported 3.05 lakh tonnes of coffee in 2013, it said in its latest report. "Exports have picked up since October due to stability in global coffee prices," said Jawaid Akhtar.
Highlighting export trends, additional secretary at the commerce ministry JS Deepak said: "Coffee exports performed well in October-December 2013 with a rise of 33% to 60,664 tonne from 45,510 tonne in the same period last year."


Exports of value-added variety and instant coffee type have seen a sharp rise in last few years, thereby, increasing margin and export-value realisation, he added.

Source:financialexpress

30% tourists arriving Nepal visits Darjeeling or Sikkim

12:13 AM
At least 30% of travelers from Western world arriving Nepal prefer visiting eastern Indian destinations including Darjeeling or Sikkim. In 2012, we were benefited with the positive trend in Nepal. But 2013 had shown subtle effect of the downward trend. The situation may go pronounced with further dip in Nepal FTA," said Mr. T. Roy, Secretary Eastern Himalayan Tour and Travel Operators Association (EHTTOA). 

30% of travelers from Western world arriving Nepal prefer visiting eastern Indian destinations including Darjeeling or Sikkim
Darjeeling Tourism

On an average 50,000 foreign tourists and 5 lakh domestic tourists visit Darjeeling Sikkim region per annum. Despite being just one tenth of domestic head count figure, foreign tourist arrival contributes the lions share to Rs 350 crore rupee volume of this business in this region. This, "The tourism business as a whole is highly dependent on these premium class visitors to Nepal," explained Mr. R. Basu, veteran tour operator and consultant. 

Source:economictimes

Darjeeling Tea workers demand wage hike from Rs 95 to Rs 322

10:07 AM
Siliguri, Jan. 8: A conglomeration of tea garden trade unions has demanded that the daily wage of workers be increased from Rs 95 to Rs 322 when the new wage revision comes into effect on April 1.
Tea workers demand wage hike from Rs 95 to Rs 322
Tea workers demand wage hike from Rs 95 to Rs 322 

The reason the unions are citing for the wage raise is the rise in costs of daily commodities.

Tea garden workers in both the Darjeeling hills and the plains get Rs 95 a day at present, according to the agreement reached between trade unions and planters’ organisations in 2011.

The wage agreement is for three years, so the new deal should come into effect on April 1 this year.

Among the unions that have demanded the over-three-fold raise, is the Darjeeling Terai Dooars Plantation Labour Union, which is affiliated to the Gorkha Janmukti Morcha, and the Progressive Tea Workers Union of the Akhil Bharatiya Adivasi Vikas Parishad.

The Morcha union has units in the 70-odd gardens in the hills.

The Parishad union has units in all the Terai and Dooars gardens. Both unions wield considerable influence among tea workers in their areas.

Representatives of the Terai Indian Planters’ Association, whose members have gardens in the Terai, said they would not speak on the matter now. A representative of the association said the planters also wanted the talks to happen but would wait for the outcome.

The conglomeration, the United Tea Workers Front, which has demanded the wage raise, was formed on December 27. A delegation of the front met state labour minister Purnendu Bose in Calcutta yesterday and demanded that the wage talks be launched soon. An activist associated with the front said Bose had promised talks for the wage revision in March, but the minister could not be contacted over phone today.

Anuradha Talwar, the social worker and representative of the conglomeration, said the demand for the hike in the wage was made because of the rise in prices of essential commodities.

“The principal demand of the front is that workers of the tea industry who are underpaid by planters now should receive wages sufficient to run their families. Considering the prices of essential commodities as on November 2013, we have made a calculation and it has been found that a worker needs to be paid at least Rs 322 a day so that he can run a family of two adults and two children,” she said.

“As the current wage agreement will be valid only till March 31, we want the state government to immediately initiate talks on the revision of pay for the next three years. Only if the talks are launched soon, the labourers can start receiving wages at higher rates from April 1 and it can be ensured that there are no arrears. There were instances of workers being deprived of new wages from the date of the (earlier) revision because of delay in reaching an agreement,” Talwar said.

The conglomeration demanded that negotiations on the wage revision for tea gardens in the GTA area be held in Darjeeling. “Talks on the workers in the Terai and Dooars should be held in Siliguri. In the past, the talks were held in Calcutta. If the talks are shifted to Darjeeling and Siliguri, there would be transparency,” Talwar said.

“The minister has assured us that the state will start talks in March,” she said.

Apart from the Morcha and Parishad unions, the other members of the conglomerate are the Terai Dooars Progressive Plantation Workers Union, West Bengal Tea Labour Union that is affiliated to the CPI-ML, Paschimbanga Khet Mazdoor Samiti and New Trade Union Initiative. These are minor unions.

The Citu, affiliated to the CPM, the Congress’s Intuc and the RSP union are not a part of the conglomeration. Nor are the two Trinamul tea unions.

Source:Telegraph

Mirik - lemon grass factory in Bunkulung Busty

10:54 AM
Lemon grass cultivation has been started at Bungkulung Busty under Mirik as an alternative and sustainable farming occupation. Oil extracted from lemon grass is of high value and useful for various purposes. A factory has also been set up to extract lemon grass oil and this is providing a lucrative market for farmers and employment opportunities for rural residents.

At the lemon grass factory in Bunkulung Busty.
At the lemon grass factory in Bunkulung Busty - Mirik
Bungkulung Busty resident Divya Subba and her husband Bhupesh Gangotra of Gurgaon, Haryana came from Mizoram last year with a mind to cultivate lemon grass in Bungkulung Busty. They were confident that lemon grass cultivation would offer a sustainable farming alternative to stakeholders. The couple has set up a factory and named their lemon grass farm as ‘Sewaro’, or ‘Namaste’ in the Limbu language, informs factory caretaker Pawan Subba. He further said Gangotra has leased 20 acres of land in Bungkulung for Rs9,000 per acre per year and about 15 farmers have leased out their land.

Subba went on to inform that there are nine varieties of lemon grass. ‘Swarna’ and ‘Krishna’ varieties are grown in Bungkulung, while most tea gardens grow the ‘Citralona’ variety to prepare compost manure. The ‘Swarna’ and ‘Krishna’ varieties contain high quality oil and the climatic conditions of Mirik and Bijanbari are very suitable for the cultivation of lemon grass, said the caretaker.

Lemon grass oil is used in body sprays, room fresheners, phenyl and soaps, to name a few. As the oil has the fragrance of lemon, locals use it to prepare drinks, especially for medicinal purposes. Subba said consumption of lemon grass helps avoid constipation and it also helps in warding off snakes and other poisonous insects.

Gangotra has imparted training to local farmers through an expert on lemon grass oil named Dhular Chand Mahoto from Makhum, Assam. The training programme was aimed at developing skills in cultivation, harvesting, oil extraction and preservation of products.
 Lemon grass growing in the Mirik region.
 Lemon grass growing in the Mirik region.

Subba said the factory was set up at a cost of Rs6 lakh. The equipment used is very simple and oil extraction is carried out through the process of condensation. He said 3 litres of oil can be extracted by boiling 600 kg of ‘first year’ grass. In the second and third years, 5 litres and 9 litres of oil can be extracted, respectively. The more mature the grass, the higher the quantity of oil extracted.

The oil from ‘first year’ grass can fetch up to Rs600-Rs 1,000 per litre, while that from more mature grass can bring in more than Rs1,000 per litre. Subba said harvesting takes place four times in a year, in June-July, September, February and March.

Lemon grass oil producing factories can be set up at a minimum cost and can prove to be a highly profitable venture for farmers here in the hills, especially in Mirik and Bijanbari.

Source:EOI


Himalayan Florica to promote horticulture business in Darjeeling

10:47 AM
Local businessman Niraj Chettri, who owns a large fruit business company named Himalayan Florica in the national capital, is now looking to initiate similar business ventures in his hometown of Darjeeling. Chettri, a resident of Lapchu in Darjeeling, will be opening a new outlet in Darjeeling in March that will sell regional agricultural and horticulture products under the brand name ‘Greengold’. He also has plans of expanding the business by opening similar outlets in Kurseong, Kalimpong, Mirik and Siliguri.

Himalayan Florica to promote horticulture business in Darjeeling
Himalayan Florica to promote horticulture business in Darjeeling

Shedding light on his business plans, Chettri said, “This is a completely commercial initiative. We will provide seedlings, materials for poly-houses and all other necessary materials required by farmers.”

Claiming the farmers will benefit immensely from the initiative, Chettri said, “We will pay farmers better prices for their produce than what they generally receive in the market. This will improve their financial standing besides multiplying total production.”

Chettri, who is into this business for more than two decades now, has also been able to expand his operations across international borders. His Himalayan Florica imports fruits and flowers from countries such as Holland, America and Italy and exports them to Qatar and other Middle-East countries besides selling them in several states within the country. Himalayan Florica is now among the major firms working in the field of agriculture and floriculture in the country.

Chettri said although he has been considering the promotion of his business in Darjeeling, the political volatility of the region had been preventing him from forging ahead. “This region has tremendous potential for floriculture, horticulture and agriculture. We, at least, want to promote two to four organic products of the region as brands of repute in the international market,” he remarked. (EOIC)

Source:EOI

New Board of Directors Darjeeling Central Co-operative Bank to be elected

10:22 AM
The new Board of Directors of Darjeeling District Central Co-operative Bank has been scheduled to be elected on February 28. Election Officials of the Co-operative bank today called a press meet at the bank office located at Rishi Road here and informed about the election date along with other election related details. Assistant Election Officer Rajen Sherpa said it is for the first time that the Board of Directors will be elected in accordance to the West Bengal Co-operative Societies Act 2011 under the directives of Co-operative Election Commission.

It has been informed the formal procedures of the election will be initiated from January 18 at the District Central Co-operative Bank’s central office in Kalimpong. The first phase of the election procedure will include nomination of delegates from the auxiliary bodies affiliated with the bank, preparation of electoral roll, objections regarding the electoral roll and hearing of the same and publication of the electoral roll.  The second phase will include filing of nominations by the candidates, nomination withdrawals and other election processes.

Stating that the performance of the Co-operative bank has been an encouraging, Rajen Sherpa claimed the bank has been able to earn notable profit. He added the bank has also set a target of lending agricultural loans worth Rs. 12 crores in the current fiscal year.

Bank’s executive officer DL Bhutia and assistant election officers Sange Kayela were also present at the press meet.

Source - EOI


Ringtong tea plantation in Darjeeling Hills to reopen in January

9:24 AM
Darjeeling December 25, 2013: After being closed for over 17 years, the Ringtong tea plantation in Darjeeling Hills would reopen in January, official sources said. 
 
Ringtong tea plantation in Darjeeling Hills would reopen in January
File photo of a Tea Garden in Darjeeling

The Sonada-based tea estate was locked since December 19, 1996, due to labour unrest on January 15, Joint Labour Commissioner Md. Rizwan said today after a meeting. 

A tripartite meeting, participated by owners of the tea plantation, trade union representatives and the labour department officials was held at the Joint Labour Commissioner's office in Siliguri. 

Rizwan said the New Dooars tea plantation, which had been closed on December 15, would also reopen on December 27, also due to labour unrest. 

zeenews

No tourist in Darjeeling

10:05 AM
Darjeeling, Oct. 10: The glistening white Kanchenjungha under an azure was in view today but there was hardly any tourist to marvel it.

No tourist in Darjeeling
Chowrastha, Darjeeling’s famous promenade that is chock full in the Puja season, was deserted — the ripple effect of nearly a month of agitation that has kept visitors away.

Although the hill parties suspended their agitation last month, by then many tourists had cancelled bookings.

Several European countries had also issued travel advisories dissuading foreigners from travelling to the hills.

“This is a rare sight,” said a businesswoman, who is otherwise cheerful, looking at the almost-deserted Mall.

An empty Mall when it should be packed with visitors would not bring cheer to businessmen, despite the view of the Kanchenjungha being picture perfect from there.

Raju Basu, the convenor of the Association for Conservation and Tourism who looks after 384 homestays across the hills, said: “The occupancy proportion across the hills (Darjeeling, Kalimpong and Kurseong) during the Puja is about 20 per cent this time. Last year, it was more than cent per cent because we could not provide rooms to all the people.”

This year, the Puja season is between October 11 and 18.

“The situation is so bad this time that when we would have sold about 70 per cent of the rooms for the Christmas-New Year season, we are finding it hard to rent out rooms even in October,” he said.

Basu has around 1,100 rooms at his disposal and the total number of rooms in the hills is estimated to be more than 5,000.

A businessman from Calcutta who had taken a 13-room hotel in Darjeeling on lease, said: “I had taken the hotel for an annual lease of Rs 5.5 lakh. I normally sell my rooms for Rs 800 each but this time, during the peak tourist season, I was forced to let out each room for Rs 300 a night.”

“Last year, I had people begging for rooms. This year, I have bookings for only two rooms in the coming week,” he said.

More than 50 per cent of the 270-odd hotels in Darjeeling are leased out.

“Given the current situation, I cannot take the hotel on lease for Rs 5.5 lakh. The figure has to be sliced down or I will have little options but to look for greener pastures,” said the businessman.

The landowner is bound to feel to pinch, too, when he renews the lease next year.

“Foreigners and domestic travellers plan two months before the holidays. The July-August strike has ensured that tourists stay out of the hills. The inflow of foreign tourist is 50 per cent lower this time,” said a tour operator who deals mostly with foreign clients.

This year, most European countries issued advisories asking their citizens to think twice before visiting Darjeeling.

“Such advisory affects a lot,” the tour operator said.

The advisories have been withdrawn now.

The tour operator added that there are no inquires even for the November-December period.

Darjeeling receives around 3.5 lakh domestic tourist each year apart from 40,000 foreigners.

On Tuesday, 650 people visited Padmaja Naidu Himalayan Zoological Park, a must visit site in Darjeeling, which records a footfall of around 2,000 every day in the tourist season.


Sixth economic census 2012-13 kicked-off in Darjeeling

9:44 AM
The sixth economic census for the year 2012-13 kicked-off in Darjeeling today as the recent statehood agitation had delayed it for a while. However, the initial training programme for enumerators started some time back.

Briefing media persons, additional district magistrate (general) Kaushik Bhattacharya said, “We have started the sixth economic census in the Darjeeling hills. We appeal to all to cooperate with the enumerators and extend all information possible.”

The last such census was conducted between 2005 and 2007 and lots of changes had to be updated. “There had been lots of changes given the mushrooming of business firms and companies in the hills. The government needs to remain updated so that proper planning in terms of development can be undertaken,” said Bhattacharya.

The census is being conducted under the Bureau of Applied Economic and Statistic Department for identifying the number of business establishments in the hills that are generating revenue. The data collected will be under the Collection of Statistic Act, 2008.

“The data collected will be useful to the government for its development planning purposes,” said Satakratu Ray, assistant director of BAE&S, Darjeeling.

Source:echoofindia.com

Darjeeling hills tradesmen are manipulating prices of good

9:37 AM
Kalimpong  : With bandhs lifted for the moment and the festive season around the corner, tradesmen in the Darjeeling hills are manipulating prices of goods at their will. The Kalimpong unit of the District Enforcement Branch today conducted a surprise visit of the Haatbazar area and found traders selling vegetables and other items at prices decided by their own free will.

 Darjeeling hills tradesmen are manipulating prices of good
 Darjeeling hills - manipulating prices of good.
Enforcement officials got suspicious as vegetable prices differed from one seller to another, prompting the police to issue stern warnings to the traders against trying to take undue advantage of the circumstances. Residents hope the survey by the enforcement branch lowers the prices of goods.

Kalimpong officer in charge Achinta Gupta said all traders in the market area have been warned and directed to display the price list to help customers. They should also maintain equilibrium in prices failing which errant traders would be charged under the Essential Commodities Act. Gupta added customers should also be alert and complain immediately to the consumer forum and police if prices are raised exorbitantly.

Kalimpong traders usually bring their vegetables from Siliguri, Falakata and other places in the plains. The police have asked them to retain their purchase bills to help whenever there is an investigation. A meeting has been scheduled for Thursday with all businessmen of town to assess the degree of price increases ahead of the festive season.

“We do not want customers to be swindled and will take strict action against those who manipulate prices. Customers should also remain alert,” said the OC.

The enforcement branch survey team was led by SI Jayant Sharma, which also surveyed the fish market. prices of goods at their will. The Kalimpong unit of the District Enforcement Branch yesterday conducted a surprise visit of the Haat bazar area and found traders selling vegetables and other items at prices decided by their own free will.

Enforcement officials got suspicious as vegetable prices differed from one seller to another, prompting the police to issue stern warnings to the traders against trying to take undue advantage of the circumstances. Residents hope the survey by the enforcement branch lowers the prices of goods.

Source: echoofindia

Seventh Pay Commission likely to increase inflation - India Inc

10:36 PM
NEW DELHI: India Inc today said the Seventh Pay Commission set up today for central government employees is likely to lead to additional burden on the exchequer and increase inflation by pushing demand. 


Seventh Pay Commission likely to increase inflation - India Inc
Seventh Pay Commission likely to increase inflation
"Hefty pay hikes for the central government employees (as has been the experience of the previous pay commissions) will act as a big drain on government finances and would add to an inflationary pressure," Assocham Secretary General D S Rawat said. 

In a sop to its employees ahead of the elections, the government today announced constitution of the Commission to revise salary and pensions for about 80 lakh people. 

"The government should focus on reforms in improving the supply side economics and supply chain management because increase in income levels without adequate infrastructure and supply scenario could lead to higher inflation," President of PHD Chamber of Commerce Suman Jyoti Khaitan said. 

The recommendations of the Commission will be implemented from January 1, 2016. 

"At that point of time (Jan 2016), the exchequer will be bearing the full load of the Food Act and the other welfare schemes like NREGA - whose cost is bound to increase. Is it necessary that the governments all the time have to keep fighting the fiscal deficit issue?" Rawat said. 

The setting up of the Commission, whose recommendations will benefit about 50 lakh central government employees, including those in defence and railways, and about 30 lakh pensioners, comes ahead of the Assembly elections in 5 states including Delhi, Rajasthan and Madhya Pradesh in November and the general elections next year. 

The government constitutes Pay Commission almost once in every 10 years to revise the pay scales of its employees and often these are adopted by states after some modification. 

Source : Economic Times

Gold prices fall by Rs 625, silver prices steady

7:29 PM
India : Gold prices tumbled by Rs 625 to Rs 31,100 per ten grams in Delhi on the back of sluggish demand and weak global trend. However, silver prices held steady at Rs 54,300 per kg in scattered buying from industrial units and coin makers.

Gold prices fall


Speculation that the US Federal Reserve will reduce monthly debt purchases this month pulled down gold prices globally. Gold prices in London, which is the benchmark for domestic prices, fell 0.3 per cent to $1,387.24 an ounce. Silver prices dropped by 0.3 per cent to $23.78 an ounce.

On the domestic front, gold of 99.9 and 99.5 per cent purity tumbled by Rs 625 each to Rs 31,100 and Rs 30,900 per ten grams, respectively. It had gained Rs 725 in the previous session. Sovereign held steady at Rs 25,200 per piece of eight gram.

Silver ready ruled steady at Rs 54,300 per kg while weekly-based delivery shed Rs 35 at Rs 54,895 per kg. Silver coins continued to be asked around previous level of Rs 88,000 for buying and Rs 89,000 for selling of 100 pieces.

Source : ndtv.com

Interest rate on PF may be approved fixed at 8.5 per cent for 2013-14

1:19 PM
Retirement fund body Employees' Provident Fund Organisation (EPFO) is likely to announce an interest rate of 8.5 per cent on provident fund deposits for 2013-14 to its over five crore subscribers, the same as provided for last fiscal.

Interest rate on PF may be approved fixed at 8.5 per cent for 2013-14
According to sources, the preliminary estimates indicate that the payment of 8.5 per cent rate of interest will leave no deficit for the EPFO and could rather leave some surplus for the body.

"In all likelihood, the interest rate on PF deposits for this fiscal will be fixed at 8.5 per cent," a source said.

The source further said if the interest rate is to be increased to 8.75 per cent for the current fiscal; it would result in some deficit, which might not be acceptable to the finance ministry.

The body is likely to call a meeting of its apex decision making body, the Central Board of Trustees (CBT) headed by the Labour Minister, on September 23 to approve the interest rate.

During the meeting, the trustee would reconstitute the EPFO's advisory body--Finance and Investment Committee (FIC), which recommends the rate of interest to the CBT.

After the reconstitution of CBT by EPFO in June, the other sub-committees of EPFO like FIC, were dissolved and were required to be reconstituted.

As per the practice, the EPFO would have to place the proposal before FIC after which it is considered by the CBT for taking a final call on the matter.

Once approved, the proposal is put before the Finance Ministry for its concurrence.

The source said the CBT will meet again after reconstituting FIC sometime before Diwali (which falls on November 3) to approve the rate of interest for this fiscal.

EPFO paid 8.5 per cent interest rate to its subscribers in 2012-13, which was higher than 8.25 provided in the 2011-12 fiscal.

Source : NDTV
 
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