Professional Documents
Culture Documents
JK-451/18-20
R.N.I. NO: JKENG/2012/42571
Vol. 13 Issue No. 12 Weekly Jammu, Monday, March 25, 2024 Pages 16 Price Rs. 1.00
MUMBAI : India can sustain 8 resilient economies and high galvanising forces for growth
per cent annual GDP growth frequency indicators, pointing going forward. "The world is
and the conducive to further levelling in the confronted with large shifts in
macroeconomic configuration period ahead, said the article structure and sentiments,
may become a launching pad authored by a team led by RBI which are either underway or
for a step-up in the country's Deputy Governor Michael impending," it said.
growth trajectory, said an Debabrata Patra. In India, real The article noted that the
article on the 'State of GDP growth was at a six- outlook is shrouded with
Economy' in the central bank's quarter high in the October- layers of uncertainty,
March Bulletin published on December period of 2023-24, exacerbated by geopolitical
Tuesday. powered by strong and extreme weather risks as
Over the period 2021-24, momentum, robust indirect well as fragmenting forces. By
gross domestic product (GDP) taxes, and lower subsidies. contrast, it said the Indian
growth has averaged above 8 The high visibility of economy is experiencing a
per cent. The global economy structural demand and conducive macroeconomic
is losing steam, with growth healthier corporate and bank configuration that can be its
slowing in some of the most balance sheets will likely be the Contd. on Page 14
2 Shining News Jammu, Monday, March 25, 2024
Six-Days Online Faculty Dev Programme (FDP) starts at SMVDU Principal PTTI Vijaypur inaugurates
SN NEWS SERVICE
KATRA : A Six Day online Faculty 02 training courses
Development Programme on “Research
Methodology with a Focus on Hands-on
Experience of Econometric Modelling”
commenced at Shri Mata Vaishno Devi
University, Katra, scheduled from
18thMarch 2024 to 23rd March 2024,
organized by Malaviya Mission Teacher
Training Centre (MMTTC). Under the
patronage of Professor Pragati Kumar,
Hon’ble Vice Chancellor of SMVDU, the
FDP was inaugurated by Professor knowledge through econometric models. Padampat Singhania University (SPSU), SN NEWS SERVICE Criminal Laws which are
Supran Kumar Sharma, Director The workshop boasts diverse shared his invaluable experience and VIJAYPUR : A five days being implemented in the
MMTTC; Dr. Pabitra Kumar Jena, participation from various faculties, congratulated the university for “Crash Course on new Country from July 2024 so that
Coordinator of the FDP; Dr. Arif Billah including teachers from different organizing this kind of workshop, which Criminal Laws-2023” and one these Laws are implemented
Dar and Dr. R. Gopinathan Co- Colleges, Universities, and Institutions. will be helpful for the faculties and week “Role Based Training on ground in letter and spirit.
Coordinator of the FDP. The primary There were four sessions, with each research scholars. In the afternoon under CCTNS” commenced On the other hand, while
objective of this workshop is to cover session of 90 minutes. session, Dr Supran Kumar Sharma at PTTI Vijaypur in which inaugurating one week “Role
essential econometric models and Dr. Bandi Kamaiah, Chief Guest, delivered a lecture on the basics of Police personnel of various Based Training under
methods for research application, Emeritus Professor from the School of Econometrics and Assumptions of the units of Police Department are CCTNS” Principal told that
particularly within the realm of empirical Economics, University of Hyderabad and Ordinary Least Squares and Linear participating. Both the courses CCTNS aims at creating a
research. This meticulously crafted Past TIES President, was the speaker for Stochastic regression model. In the last were formally inaugurated by comprehensive and integrated
workshop serves as an initiative to the first session. He highlighted the session of the day, Dr. Pabitra. Kumar Principal, PTTI Vijaypur who Information and
familiarize participants with the importance and art of modelling in the Jena elaborated a lecture on empirical in his inaugural address, Communication Technology
analytical framework of econometrics, a realm of Econometrics.Additionally, estimations of time series modelling and briefed the participating platform for enhancing the
branch of economics concerned with esteemed Special Guest, Dr. Bright briefly summarized the anonymity of officers/officials about the operational efficiency and
CUJ Releases Social Work Camp Report on “Contours & Social Realities of Rural Punjab”
remembering the brave sons of chief Manish Sahni said that it thousands of brave sons have democracy in India. key provisions of new
CUJ organised Mind Meet on the theme “Defence Indigenization and Vision: Viksit Bharat @2047”
Work Camp. The report delves deep in compiling this invaluable resource. Sanjeev Jain, along with Prof. Jaya Assistant Professor at the Department
Fancy
dupatta,
Pure,
Half Pure,
SN NEWS SERVICE Pauri" temple day before of a few security personnel for
JAMMU : The *"Har Ki Pauri"* yesterday. He found that the the security of the temple
(*Chhota Haridwar*) temple
built on the banks of the Surya
flow of water of the Tawi river
near "Har Ki Pauri" is being
located on the outskirts of the
city and on the banks of the Chiffon,
Putri Tawi river in Jammu, the affected due to illegal mining
near the Tawi river and the
Tawi river. Sahni, while
demanding complete control
Chinon,
Charmoss,
city of temples, is being
affected by illegal mining, the temple. Due to the dryness from the administration, said
Lining Cloth,
religious sentiments of the near the stairs, the religious in a warning tone that he will
devotees are being hurt, this is sentiments of thousands of not tolerate any act that hurts
stated by Shiv Sena (UBT)
Jammu-Kashmir unit chief
devotees and religious tourists
coming here are being hurt.
religious sentiments, if the
illegal mining active in the Peticoat,
Manish Sahni said.
Party state chief Manish
Sahni told that the Mahant of
the temple, Shri Mahadev
Surya Putri Tawi river is not
stopped, then Shiv Sainiks will
Saree Fall
Sahni, in a media briefing at Saraswati ji is also very angry take action on it in their own & also
Suit packing
party office today, issued a about illegal mining near the way and during this time the
warning to the illegal mining temple. He has to spend 20-25 administration will be
mafia active in the Surya Putri thousand rupees every month responsible for the
Tawi river to refrain from this to divert the flow of water deterioration of law and order.
illegal business. towards the temple with the On this occasion president
Sahni said that as soon as help of JCB. Along with this, mehila wing Meenakshi NEAR SHEETLA MANDIR, NAI BASTI, JAMMU.
264-A, LAST MORH GANDHI NAGAR, JAMMU.
information was received the condition of the roads Chhibber ,Gen secretary Vikas
about the said illegal act, a coming towards Har Ki Pauri Bakshi, Vice president Sanjeev
team under his leadership is very pathetic. He also raised Kohli, Secretary Rajesh Handa M : 9419125041, 9797302418
visited the grand "Har Ki questions on the deployment were present.
editor, owner, Printer & Publisher - KaiLaSH Kumar Langar of SHining neWS newspaper, Weekly english, 396/3, Channi Himmat, Jammu - 180015
executive editor : mr. atul Langar, mob. :- 094191-88126, Photographer : Brij mohan Sharma, 94191-87955, Circulation manager : Sahil Sharma, Correspondent : Puran Chand
Sports Correspondent : mr. Surinder gupta, Kathua Bureau Chief : Kanav Sharma, Legal advisor :- Vikas mangotra Printed at HinduStan Printing PreSS (mubarak mandi, Jammu - 180001).
tele/Fax :- 0191-2561705, 2560284. e-mail : shiningnews7@gmail.com, newsshining@gmail.com
City office :- Atul Langer (Executive Editor) address :- F-60 Lane No. 2, Karan Nagar, Jammu - 180005.
delhi office :- Upendra Kumar (Bureau Chief) address :- D-786A, 1st Floor, Gali No. 5, Ganesh Nagar - II, Shakarpur, New Delhi - 110092. Phone no. :- 9015467101 email:- ukadvt26@gmail.com
udhampur office :- Ajay Bandral (Bureau Chief) address :- Ward No.2, IdGah Road, Adarsh Colony, Main Bazar, Udhampur. Ph. no. :- 9906394458
4 Shining News
SN NEWS SERVICE corporates. Prof. Supran Bangalore,highlighted the HR, Business Partner, Ernst
KATRA : The Management Kumar Sharma, Coordinator of requirement to maintain and Young, pointed towards
Conclave 2024 entitled, the program described the individual life philosophy with the role of analytics in problem
“Sambandh” themed ‘Growth different management a suggestion to be kind solving and shared his
with Sustainability" organised principles to be followed to towards the environment and experience with respect to
by the School of Business, Shri enhance teamwork. Prof. Jyoti the people around. Mr. Vinod growth, sustainability and
Mata Vaishno Devi University. Sharma, Head, School of Prakash Baxla, GM, HR, contribution of management
The Chief Guest of the Business laid down emphasis PowerGrid Jammu, graduates in economic
inaugural function Prof. on how such programs help in highlighted the contribution of development. Dr Syeda Shazia
Pragati Kumar, Vice transition of students from the power sector in the Bukhari, Co-organising
Chancellor, SMVDU classroom learning to economic development with Secretary, SMVDU, delivered
highlighted the importance of experiential learning. an emphasis on India the vote of thanks.
linking the academic programs The six plenary sessions becoming a carbon neutral A panel discussion was also
with corporate in today’s were conducted in which technology and AI in the towards critical thinking that power generator by 2050. Mr. held on “Industry 4.0:
world. He emphasised on experts delivered talks on current business scenario that may lead to design innovations Naren Karunakaran, Challenges and Preparedness
imbibing entrepreneurial traits different aspects of the contributes to societal and reiterated that questioning Consultant, SBBD, IIM Jammu in India”. The experts gave
within students for economic requisite theme. The different upliftment. The next expert, anything and everything will enlightened students on their statements and discussed
growth and corporate experts include Mr. Ashutosh Mr. Vidya Bhushan, Co- help to survive in the market circular economy, mitigation the challenges being faced in
development. Prof. Ashutosh Bajaj, State Head at Reliance founder and COO, Dalchini for long. Mrs. Kanika Nag, and adaptation. The sixth the implementation of Industry
Vashistha, Dean, Faculty of Jio, who talked about Technologies, Delhi, pointed Digital Marketer, IBM, expert, Mr. Ankush Gupta, 4.0 in India.
Management highlighted the sustainable growth in the field
relevance of Indian ethos in of corporate sector and further
Women entrepreneurs are shaping the future of Jammu Kashmir, we are witnessing
extraordinary accomplishments in ITeS, MSMEs, Service Sector, agro-based industry and
Handicrafts because of women entrepreneurs’ single-minded pursuit of excellence & hard work
GURUGRAM : Lieutenant Governor Administration to create an enabling
Shri Manoj Sinha today attended the environment for the socio-economic
ET Women Conclave-2024 organized empowerment of women. Today, our
by The Times Group, at Gurugram. Nari Shakti is scripting new history
On the occasion, the Lt Governor in every sector. From academics to
saluted the Nari Shakti and lauded sports, from crafts to start-ups, our
their significant contribution in daughters are leading by an example
growth journey of Naya Jammu and are inspiring others through
Kashmir. their remarkable achievements.
Highlighting women-led At the ET Women Conclave 2024,
development in Jammu Kashmir, the the Lt Governor also talked about the
Lt Governor said the women programmes being run by the
entrepreneurship in rural and far- Universities and Higher Educational
flung areas of the Union Territory is institutions of the UT focusing on
enabling Nari Shakti to foster change skilling and upskilling of women. At
at the grassroots. the ET Women Conclave 2024, the Lt
“Women entrepreneurs are Governor also talked about the
shaping the future of J&K. We are programmes being run by the
witnessing extraordinary Universities and Higher Educational
accomplishments in ITeS, MSMEs, institutions of the UT focusing on
Service Sector, agro-based industry skilling and upskilling of women.
and Handicrafts because of women “Our prime objective is to achieve
entrepreneurs’ single-minded gender equality in education,” the Lt
Unsettled borders with China, its rise pose challenge to India: CDS
Congressman. the East, the BJP is trying to alliances in the southern states Pradesh and Telangana and is is part of the Army's efforts to warfare systems, 5G and 6G
The Tipra Motha has 13 bring Odisha’s ruling party, stand, excluding Karnataka, Contd. on Page 9 develop technologies Contd. on Page 9
G
proposal made by the Board of Indian Insti-
tutes of Technology to introduce 4% more
seats specially for girl students will be whole- Nirendra Dev are banned and animals are Eradicating manual scav- hol-related problems. Sem-
ood Samaritan ini- slaughtered only in an ap- enging, Introducing mod- inars on importance of
heartedly welcomed. In 66 years since the tiatives from the pointed slaughter house and ern and scientific municipal cleanliness were held many
first IIT was set up at Kharagpur — the brain- governments espe- meat -- staple food of the solid waste management times in the village and
child of the then prime minister Jawaharlal cially in the context of natives are sold only in a practices, and importantly many sanitation groups
Nehru to promote technical education in the North East India are often designated meat market. enabling private sector par- were formed to undertake
not publicized well in the There are also segregated ticipation in the sanitation practical work.
country — very few girls have passed through areas for selling fish. sector and also changing For projects under the
national media. Generally,
the portals of these prestigious institutions. the debate ends up either Cleanliness of villages people’s attitudes to sanita- aegis of Agriculture sector,
Currently, only about 8% girls get admission about violence in the north across Mizoram, across tion and create awareness. the village was also benefit-
— far worse than the overall trend in higher east or about certain ‘De- northeastern India and the The program was envisaged ted with the grant of ma-
velopmental and Peace’ ini- rest of India is also part of with plans to construct at chines for juicing
education. Beginning 2018, the board wants
tiatives undertaken by the an ambitious national pro- least 12 crore toilets in rural surgarcane for 22 families
to offer 4% additional seats for the next four government departments gramme being undertaken India including for girl stu- engaged in manufacture of
years to take the overall percentage of seats and official agencies from under Swachh Bharat Ab- dents in schools by October molasses/raw sugar (gur) at
for women closer to 25%. It is not reservation time to time. But many hiyan. It’s a national cam- 2019 at a projected cost of a highly subsidised rate.
as it will be in addition to the sanctioned good things keep happen- paign launched by the Rs 1.96 lakh crore or US$ Similarly, beneficiaries
ing. Mizoram has left be- Prime Minister Sh. Naren- 30 billion. Now the village were identified and assis-
strength. hind the troubled days of dra Modi on October 2, Khawalailung will be per- tance provided under the
Although the IITs may not have lived up to insurgency way back in 2014. Speaking on the haps in a position to be Integrated Wasteland De-
their original promise, they continue to be 1986. Mizos are known for solemn occasion, it is showcased as a model vil- velopment Project (IWDP)
most coveted for their supposed quality of ed- their hard working qualities worthwhile to recall that the lage under both National for construction of farm
and pragmatism in under- Prime Minister had said the Clean Mission and also pond and terrace. Under
ucation and the demand their alumni attract in best memorial to Mahatma Sansad Adarsh Gram Rashtriya Krishi Vikas
taking developmental
the job market. IIT-JEE is one of the toughest works and education. Gandhi would be to achieve Yozana. The village was Yozana (RKVY) families
and more transparent engineering entrance In fact, it would not be a ‘Clean India’ by 2019, the adopted by Mizoram’s only were also identified and
exams in the country and most students dream erroneous to say that to the 150th birth anniversary of Lok Sabha member C L provided with one piglet
of becoming an IITian. Though about 13 lakh natives of Mizoram, ‘devel- the Father of the Nation. Ruala under Adarsh Gram each. In fact, the list of
opment and peace’ are not Certainly it is India's Yojana. The new Adarsh good works in the tiny vil-
students appear for these exams, only around mere philosophical or ideo- biggest ever cleanliness Gram Yojana is a Rural De- lage can go on.
11,000 get selected. Responding to the clam- logical concepts. These are drive and 3 million govern- velopment programme, But what needs to be ap-
our for more IITs from across the country, the no mere wishful thinking ment employees and school broadly focusing upon the preciated and in fact emu-
Centre last year approved six more institu- too. Leaving bad old days and college students of development in the villages lated is the pragmatic and
of insurgency behind, the India participated in the which includes social de- inherently hard working na-
tions, taking the total to 23, including one at event. The ambitious velopment, cultural devel- ture of the Mizo people. If
Mizos believe these two
Dharwad in Karnataka. With growing aspira- traits suit their society today Swachh Bharat Abhiyan opment and spread the villagers in other north-
tions of the youth, the need for more institutes and are key stepping stones also called Clean India Mis- motivation among the peo- eastern states and more so
of excellence is undeniable. But educationists to a good life. On 25th Oc- sion incorporates a few ple on social mobilization in rural areas in states like
structured objectives like – of the village community. Jharkhand and Chhattisgarh
have criticised the move as the other recent tober 2015 ‘Mann-ki-Baat’
radio programme through Elimination of open defeca- This programme was also can emulate the Mizo peo-
IITs are still struggling with inadequate infra- All India Radio, when the tion by constructing toilets launched by the on the birth ple, things can change a lot.
structure and lack of qualified teaching fac- Prime Minister Narendra for households and commu- anniversary of Jayaprakash Originally a primordial
ulty. Though every IIT is supposed to have Modi took the name of the nities, Eradicating manual Narayan on 11 October, economy, Mizoram today
student-faculty ratio of 10:1, it is followed hitherto little known Mizo- scavenging, Introducing 2014. represents a modern soci-
ram’s Khawalailung village modern and scientific mu- To start with, one vital ety with higher rate of lit-
more in breach than in practice. The admis- nicipal solid waste manage- statistics about the village eracy, good knowledge
from the remote Champai
sion process seems to have turned more me- district, most Mizos were ment practices, and Khawlailung is that the bank of English education
chanical as experts believe that IITs are not impressed. Almost the en- importantly enabling pri- hamlet has higher literacy and quality works in cane
attracting the best talent and nearly 90% of tire state echoed in one tone vate sector participation in rate compared to the state’s works, handloom and agri-
‘kalaw mein’ (Thank You in the sanitation sector and (Mizoram) own records. In culture. Satisfied with the
those who get through are those trained in
Mizo language) to the also changing people’s atti- 2011, literacy rate of series of developmental
“coaching shops.” One of the main reasons Prime Minister Sh. Naren- tudes to sanitation and cre- Khawlailung village was works carried out in his
for low percentage of admission of girls is be- dra Modi for his radio talk. ate awareness. The program 95.05 per cent compared to state, the Late Laldenga, a
cause of their parents’ reluctance to send them Most Mizo villages are was envisaged with plans to 91.33 per cent of Mizoram. former insurgent leader and
to undergo long-duration coaching in distant community maintained, dis- construct at least 12 crore In Khawlailung Male liter- a former Chief Minister,
ciplined and clean. Visitors toilets in rural India includ- acy stood at 97.01 per cent had said once that a climate
places. A disturbing trend has emerged of late; ing for girl students in while female literacy rate of peace and stability in the
are often stunned to witness
almost 20% or around 2,000 students entering the kind of self-governing schools by October 2019 at was 93.10 per cent. state can bring in magical
both IITs and IIMs, who had obtained seats in mechanism, even symbol- a projected cost of Rs 1.96 Under the ‘model vil- results. Truly, going by the
the face of stiff competition, have dropped out ism and perfectionist meth- lakh crore or US$ 30 bil- lage’ or Adarsh Gram pro- spirit of the statement, it is
ods are maintained on the lion. The ambitious Swachh gramme, Khawlailung high time for the people of
of the courses midway. The government
movement of dogs, cattle Bharat Abhiyan also called village with a population of the region to mobilise
should make a serious attempt to find out the and chickens in these vil- Clean India Mission incor- 520 villagers has already wider public opinion
reasons for this. Also, it’s time to ponder why lages. Community and vol- porates a few structured ob- taken important initiatives, against all sorts of violence
IITians, who Nehru dreamt of using for na- untary works are held to jectives like – Elimination like a Joint Action Commit- and bring about lasting
tion-building, are mostly employed in build- clean the village frequently, of open defecation by con- tee (JAC) was constituted peace in the north east
butchering of animals and structing toilets for house- in the village to check the region.
ing MNCs and how best to reverse this trend. selling meat on roadsides holds and communities, menace of drugs and alco- PIB News Service
9
Key Congress meet today to finalise manifesto, candidates Army raises elite.......Contd. from Page 7
seats. The BJP picked up eight Telangana unit saw as a held with Amit Shah, Union he thinks the TDP should (AIADMK), the BJP has to find Congress-M.
Bharat handloom
briefed villagers about the of the NSS team for organizing
smooth conduct of the
benefits of Ayushman card the program and collaborating
JAI MAA BAWE WALI A FIXED PRICE SHOP workshop.
and its new features like with the local health centre.
A COMPLETE HOUSE OF HANDLOOM
SteP in For:-
Sofa Cover, Blanket, Cusion, Cushion Cover, Fancy
towels, Bedsheets, Pillows, Curtain, Cloth etc.
NEAR SHEETLA MANDIR, NAI BASTI, JAMMU.
264-A, LAST MORH GANDHI NAGAR, JAMMU.
M : 9419125041, 9797302418
Shining News 11
CHENAB REPROGRAPHICS
democracy. "There is no being taken away forcibly," hugely. On the other hand, the
democracy in India today and she said. finances of the principal
the idea that India is the "However, even under opposition party, the INC, are
world's largest democracy is a these most challenging under a determined assault,"
complete lie," Rahul Gandhi circumstances, we are doing she said. This is truly
alleged, terming the freezing our best to maintain the unprecedented, Sonia Gandhi
of accounts a criminal action effectiveness of our election added. Kharge appealed to Deals in :- Print Media, Electronic Media, Hoardings, Signage,
Indoor branding, Pole kiosks, LED Boards, Flex Printing
against the Congress by the campaign," she said. "On the constitutional bodies to allow
prime minister and home one hand, there is the Electoral the Congress to access bank
minister. "There are
institutions that are supposed
Bond issue, which has been
declared unconstitutional by
accounts if they want free and
fair polls.
and All Kinds of Advertisements.
to protect the democratic the Supreme Court. The The party in power, he said, CORPORATE OFFICE : F-60, Lane No 2, Karan Nagar, Jammu-180005
framework but nothing is electoral bonds have benefitted amassed funds through FACTORY : Plot No : 60-A, Phase I, Industrial Area, Gangyal, Jammu.
happening," he said. the BJP hugely. On the other electoral bonds while freezing
In her remarks at the press hand, the finances of the the Congress' accounts to SRINAGAR OFFICE : Natipora Nawikbagh Opp. Masjid Gousia-191113
conference, Sonia Gandhi said principal opposition party, the create hurdles for it in fighting UDHAMPUR OFFICE : Ward No: 2, Idgah Road,Adarsh Colony, Udhampur.
the issue that is being taken up INC, are under a determined polls.
today is "very, very serious" assault," she said. This is truly "Those in power should not EPBAX : 0191-2561960, 2578007, 2561705, 2560284, 2484682
and affects not just the Indian unprecedented, Sonia Gandhi have direct or indirect control MOB : +91 9419188126 E-MAIL :- chetnajammu@gmail.com
National Congress but added. Kharge appealed to over constitutional bodies," he
"impacts our democracy itself constitutional bodies to allow said, adding that those in
most fundamentally". the Congress to access bank power should not have
"A systematic effort is accounts if they want free and monopoly over resources.
underway by the prime fair polls. "On the one hand, "Those in power should not
minister to cripple the Indian there is the Electoral Bond have direct or indirect control
National Congress financially. issue, which has been declared over constitutional bodies," he
Funds collected from the unconstitutional by the said, adding that those in
public are being frozen, and Supreme Court. The electoral power should not have
launching pad for a step-up in its growth in services to convert these favourable factors
trajectory. "Over the period 2021-24, growth has into opportunities and strengths over the next
averaged above 8 per cent; and the underlying few decades," they added. The article further
fundamentals indicate that this can be sustained said the aggregate demand in the third quarter
and even built upon," the authors said. The of 2023-24 was investment-driven, with some
current account deficit is modest, external indications of a revival of the private capex cycle.
buffers are resilient and fiscal consolidation is Capacity utilisation in several sectors has
into its third consecutive year even as reached a point where there has to be new
corporations are deleveraging and improving investments. "The current financial year will
their debt servicing capacity. likely see the highest ever length of four-lane
According to the article, balance sheets in the roads being constructed, along with the highest
financial sector are sound and healthy, ever length of speed or access-controlled
providing the wherewithal for intermediating highways -- on course to create a world-class
the productive credit needs of a resurgent road network by 2037," it said. It also noted that
economy. "Financial markets are reflecting these the demand outlook for premium consumer
favourable formations. "Capital inflows have businesses is robust and the growth rhythm is
resumed strongly as investor interest floods back expected to persist into the medium-term. This
into India," it said. The authors further said suggests that there are significant per capita
technology is offering new growth opportunities income shifts underway, it said, adding that
to seize by becoming more competitive and small town opportunities are leading to growth
efficient. "The time has come to build world class of business across lifestyle segments, with
infrastructure, strong manufacturing bases, a companies that entered these markets enjoying
high-quality labour force and global leadership the fruits of being first movers.
BJP resorts to cartoon campaign against
Jammu, Monday, March 25, 2024 Shining News 15
MUMBAI : Fitch Ratings raised its Its forecasts imply that growth in the
forecast for India's economic growth short term will outpace the
to 7 per cent for the next fiscal year economy's estimated potential, and
starting April 1 on the back of strong that the pace of growth of activity
domestic demand and sustained will then moderate towards trend in
level of business and consumer FY25, with real GDP rising 6.5%. It
confidence. said consumer price inflation picked
With a stronger-than-expected 8.4 up in the last months of 2023, driven
per cent growth in gross domestic by food prices. CPI inflation reached
product (GDP) during the third 5.7% year-on-year in Dec, before
quarter (October-December) of the falling to 5.1% in Feb. Core inflation
current fiscal year, Fitch saw the measures are steadily declining,
Indian economy expanding 7.8 per underlining that dev in food prices
cent in 2023-24 financial year (April (which account for around half of
2023 to March 2024), marginally India's consumer price index) will be
higher than the government's key to inflation developments and
estimate of 7.6 per cent. In its latest the pace at which inflation will
'Global Economic Outlook', the rating approach the Reserve Bank of India's
agency said the country's economic (RBI) 4 per cent mid-point of its 2-6%
growth continued to outperform target band. "We expect headline
quarterly forecasts with domestic inflation to steadily decrease to 4 per
demand (investment growth cent by calendar year-end on the
increased 10.6 per cent year-on-year assumption that recent food price
while private consumption was 3.5 growth forecast -- to 4.5 per cent from Fitch Ratings said, "With GDP Strong business survey data for volatility will subside," it said. The
per cent higher). For the world, Fitch 4.6 per cent -- and a minor revision to growth having exceeded 8 per cent January and February represents an RBI has kept its key policy rate at
Ratings has raised its 2024 global our eurozone forecast, to 0.6 per cent for three consecutive quarters, we upside risk to these estimates, it said. 6.5%, and in its communication has
GDP growth forecast by 0.3 from 0.7 per cent," it said. "Growth in expect an easing in growth "We expect the Indian economy to focused on confirming its hawkish
percentage points to 2.4 per cent, as emerging markets, excluding China, momentum in the final quarter of the continue its strong expansion, with policy stance of "withdrawal of
near-term world growth prospects has been revised up by 0.1 percentage current fiscal year, implying an real GDP forecast to increase 7% in monetary accommodation" and the
have improved. This on back of a point to 3.2 per cent, with forecasts estimate of 7.8 per cent for growth in FY25, a 0.5 percentage point upward need to bring inflation down towards
sharp upward revision to its US raised for India, Russia and Brazil." It FY24." Recent quarterly data has revision from our December target. "We now think that the RBI
forecast to 2.1 per cent, from 1.2 per expected world growth in 2025 to shown that GDP is rising much faster forecasts," Fitch Ratings said. will cut rates only in the second half
cent in the December 2023 Global edge up to 2.5 per cent as the than gross value-added -- indirect "Domestic demand, especially of 2024, by 50 basis points (revised
Economic Outlook (GEO). "Stronger eurozone finally recovers -- on a pick- taxes net of subsidies is the difference investment, will be the main driver of from 75 basis points in December) in
US growth prospects outweigh a up in real wages and consumption -- between the two -- and this growth, amid sustained levels of view of the stronger growth outlook,"
marginal cut to our China 2024 but as US growth slows. For India, unusually wide gap may normalise. business and consumer confidence." it added.
16 Shining News Jammu, Monday, March 25, 2024
SN NEWS SERVICE
JAMMU : School of Business Studies,
Central University of Jammu
launched Short Term Upskilling
Training Programme for Women
candidates in collaboration with
Government Degree College
Vijaypur, Samba under the guidance
and mentorship of Prof. Sanjeev Jain,
Vice Chancellor, Central University
of Jammu and Mission Director,
Department of Skill Development,
UT of J&K.
The programme was inaugurated
in presence of Prof. Vandana Gupta,
Principal, GDC Vijaypur, Prof. Jaya
Bhasin, Dr. Neelika Arora and Dr.
Shahid Mushtaq from School of
Business Studies, Central University
of Jammu and faculty members of skill development, entrepreneurship a need to learn, unlearn and relearn Earlier Dr. Shahid Mushtaq, working in reputed corporate houses.
college. facilitation and safety in the skills to become job creators rather Assistant Professor in her welcome Mr. S. Gupta, Trainer for the
Speaking on the occasion Prof. workplace aimed at their long-term than job seekers. address briefed the participants upskilling programme illuminated
Vandana Gupta, chief guest of the socio-economic and development. Dr. Neelika Arora, Associate about the short-term upskilling the path for aspiring Multipurpose
inaugural session appreciated the Prof. Jaya Bhasin, Dean, School of Professor while speaking in the initiative being launched by the Associates (Tourism), setting the tone
efforts of Central University of Business Studies in her address said inaugural function highlighted the University to empower the youth of for the enriching journey ahead. The
Jammu under the dynamic and that for realizing the vision of Viksit need for women to have more Jammu and Kashmir UT to learn inaugural ceremony witnessed the
visionary leadership of its Vice Bharat @ 2047 there is a need to focus financial dependence along with a employable skills. He further pointed presence of HoDs, and faculty
Chancellor for organizing an on gender equality along with gender change in the mindset to become an out that the University is hand- members of the College. The entire
upskilling outreach Programme in equity for overall economic entrepreneur. holding youth to promote self- program was coordinated by Dr.
the College for the benefit of female independence and participation of She further spoke about the entrepreneurship for income and Neelika Arora, and Dr. Shahid
candidates. She talked about Nari women in decision making. She primary role of women towards employment generation. Mushtaq under the supervision of
Shakti as India jumps significantly on stated that the women-led parents, society and nation besides Speaking on the occasion he Prof. Jaya Bhasin, Project Director,
gender inequality Index as an development should make the giving tips to participants to choose further said that the Tourism sector DHE Project on Employability
outcome of the decisive agenda set by women logical, expressive, rational the courses carefully depending on generates maximum employment Training and Dr. Vandana Gupta,
the Government for ensuring and the progress of a society is the available opportunities. She with minimum investment and is the Principal, GDC Vijaypur. Mr. S.
women’s empowerment through dependent on the progress of stressed on knowledge, skills and backbone of J&K economy. He Gupta proposed a formal vote of
policy initiatives spanned across women. attitude as key to become successful introduced the trainer for the thanks expressing gratitude to all the
women’s lifecycle including large She pointed out that in the fast- in life and also elaborated the concept Programme Mr. S. Gupta having contributors and supporters of this
scale initiatives for girls’ education, changing technological world there is of Kaushal Bharat - Kushal Bharat. diverse industry experience of initiative.