Tuesday, April 30, 2013

Skill Development Program for Achieving Excellence in Exports

The Federation of Andhra Pradesh Chambers of Commerce and Industry (FAPCCI) in association with CHEMEXCIL India jointly organized a Skill Development Program for Achieving Excellence in Exports on April 30, 2013 at Federation House, Hyderabad. 

Smt A. Shanti Kumari, IAS, Mission Director, Rajiv Yuva Kiranalu, Govt. of Andhra Pradesh was the Chief Guest of at the occasion.

Mr. Shiv Kumar Rungta, Vice President, FAPCCI, Mr. K.M. Hari Lal, ITS, Assistant Director General, Foreign Trade, Hyderabad, Smt. Padma Yerra, Regional Director, Chemicals Export Promotion Council, Chennai, Mr. M.V. Rajeshwara Rao, Secretary General, FAPCCI, Ms. Padma Yerra, Regional Director, Chemicals Export Promotion Council, Chennai, Mr. P. Sampath Kumar, Trainer & Consultant, International Trade & Banking, Hyderabad, Mr. J. Sudhakar, Senior Manager, ECGC of India Ltd., Hyderabad and Mr. P.R.K. Murthy, Deputy General Manager, Andhra Bank, Hyderabad has addressed the gathering.

The objective of the program is to impart skill development and encourage the manufacturers to export their products.  It will educate the entrepreneurs on how to export, whom to export to, ways of promotion for their products, different financial assistance given to them by Ministry of Commerce, Government of India, for  promoting  the exports through  MDA/MAI schemes. 

Power Crisis-Ways Ahead

FAPCCI in association with Urja Gyan Foundation has conducted a workshop on Power Crisis-Ways Ahead on 27th April 2013. The Chief Guest of the programme is Dr. Suresh Prabhu, Former Union Minister of Power, and Sri P. Ramesh, IAS., Joint Managing Director, AP Transco, Sri T.L.Shankar, Hon’ Visiting Professor, Energy Policy, ASCI are special guests of the programme.

Sri P. Ramesh, IAS., has explained that power shortage in the state will be solved by December 2013 with the connectivity of eastern grid and another 2500 MW will be added by2014 by which he expressed the hope that the power problem will be solved.

Sri Srinivas Ayyadevara, Sr. Vice President, FAPCCI  expressed concern over the present power situation  in Andhra Pradesh state. He said that industry should be supplied with un interrupted quality power and measures should be taken to this extent.

Sri D. Radhakrishna, Chairman, Urja Gyan Foundation spoke on the regulatory procedures and felt that the consumers should be given open access without any restrictions and should have a choice to choose their sellers.

Sri T.L.Shankar said that the electricity act must passed in 2003 to bring competitiveness into the sector there by reducing the losses suffered by electricity boards and improve efficiency in the sector. The regulatory commissions were formulated to determine the tariff break  based on cost of production and to remove Govt interference in the determination of same but he said   that unfortunately the regulatory commissions are not functioning has an independent regulators.

Dr. Suresh Prabhu said that lack of co-ordination and inefficient performance on the root cause of the present power crisis in the country. He opined that instead of importing huge amounts of coal from Indonesia and Australia if the Government take measures to utilize  the installed capacity of power by supplying indigenous coal and gas and connecting the northern, eastern and southern grids the power problem can be solved. Harnessing of renewable energy  namely wind and solar and biomass energy is the permanent solution for shortage of power. De- centralization of distribution and transmission of power  can go along way in reducing the distribution and transmission losses which is proved to be very expensive for a country like India.

Sri Rajeshwara Rao Secretary General, FAPCCI, Sri M.S. P Rama Rao, Co-Chairman, Industrial Development  Committee, FAPCCI , Sri GopalaKrishna, IAS (Retd) are the other dignitaries who participated in the workshop.

Mr. Rajesh Mehndirata, Director,  Indian Energy Exchange,  Mr Srinivas Rao, DGM, Reliance Power and Mr S.C. Shukla, Vice President, PTC India Ltd have given presentations on activities of power exchange and the method of purchase of power.

Thursday, April 18, 2013

Anywhere property registration to be reality by July

The Federation of Andhra Pradesh Chambers of Commerce and Industry (FAPCCI) organized a interactive meeting on “New Valuation Guidelines, Policies, Stamp Duties & Registration Charges” on April 17, 2013 at Federation House, Hyderabad.  Mr. Vinod Kumar G. Agrawal, IAS Principal Secretary to Government, Revenue (Registration & Stamps) Department, Government of A.P. was the Chief Guest of at the occasion.

Mr. Devendra Surana, President, FAPCCI, Mr. Srinivas Ayyadevara, Senior Vice President, Mr. Gowra Srinivas, Chairman, Urban Infrastructure committee, Mr. Manoj Kumar Agarwal, Vice Chairman, Urban Infrastructure committee and Mr. M.V. Rajeshwara Rao, Secretary General from FAPCCI also spoke at the occasion.

Revenue Secretary (Registration & Stamps) Vinod Kumar Agarwal said that the “All that users need to do is download the check slip and go to the SRO office at the appointed time for carrying out transactions,”. He was clarifying the doubts raised by real estate developers and industry representatives at an interactive session organised by the Federation of AP Chamber of Commerce and Industry on Wednesday.

He said the anywhere registration facility was all set to come into effect from July after linking of all the 432 SROs with the State Data Centre, planned with one TB capacity, was completed. Over 250 SROs had already been linked and 12 per cent transaction outside the jurisdiction of the sub-registrar concerned had been reported.

The State, which pioneered computer-aided registration of documents over 15 years ago, however, did not focus on improving the system till recently. The department had therefore taken up various initiatives to make registration user friendly and accordingly efforts were under way to provide unique identification to all properties, those in urban areas in particular, whose documents were incomplete.

Efforts were under way to improve amenities at the SROs and the department had placed order for “type design” for structures that were equipped with all facilities and could accommodate over 50 customers at any given point of time.

The government had sanctioned Rs. 15 crore towards this end and the department was hopeful of completing at least 50 new SROs this financial year.

This apart, steps had been initiated to address the concerns of real estate developers on the issue of development agreements and “you will find a solution to the issue very soon.

“Determination of market value has also been rationalised as people tend to suppress the actual value of the property,” he added.

Bhagavad Gita relevance to the Corporate Governance

A Seminar on Companies Bill, 2012 – Management & Bhagavad Gita was jointly organized by The Federation of Andhra Pradesh Chambers of Commerce & Industry (FAPCCI) in association with Hyderabad Chapter of Cost Accountants, Hyderabad Chapter of Company Secretaries, Hyderabad Chapter of Chartered Accountants and Hyderabad Management Association at KLN Prasad Auditorium, FAPCCI Bhavan, Hyd.

Speaking on the occasion, the Chief Guest of the program, Sri. Narendra Kumar Bhola, Regioinal Director, South Eastern Region, Ministry of Company Affairs, said the new bill will reduce the complexities in the current Companies Act, 1956.

The main speaker of the day, Dr. P.V.S. Jagan Mohan Rao, Central Council Member of the Institute of Cost Accountants of India, detailed the Companies Bill, 2012 and Bhagavad Gita’s relevance to the Corporate Governance while linking to various portions of Bhagavad Gita to the corporate affairs as follows:
The management is a process of aligning people and getting them committed to work for a common goal to the maximum social benefit - in search of excellence. The critical question in all managers' minds is how to be effective in their job. The answer to this fundamental question is found in the Bhagavad Gita, which repeatedly proclaims that “you must try to manage yourself”.

The Bhagavad Gita, written thousands of years ago, enlightens us on all managerial techniques leading us towards a harmonious and blissful state of affairs in place of the conflict, tensions, poor productivity and absence of motivation and so on, common in most of Indian enterprises today – and probably in enterprises in many other countries.

Sri. Devendra Surana, President, FAPCCI, Sri V.S. Raju, Past President, FAPCCI, Mr. M.V. Rajeshwara Rao, Secretary General, FAPCCI, Sri K.K. Rao, Chairman, Hyderabad Chapter of Cost Accountants, CA Laxmi Nivas Sharma, Former President, FAPCCI and Central Council Member, ICAI, CS Ramakrishna Gupta, Chairman of Hyderabad Chapter of Company Secretaries has also participated.

82 got jobs & 526 shortlisted at “FAPCCI – BIET Job Fair 2013”

The Federation of Andhra Pradesh Chambers of Commerce and Industry (FAPCCI) in association with Bharat Institute of Engineering and Technology (BIET) jointly organized a “FAPCCI – BIET Job Fair 2013” on April 10, 2013 and April 12, 2013 at BIET Campus, Ibrahimpatnam, Rangareddy District.

Dr. Ashok Kumar Kedia Chairman IT Committee CEO Kedia InfoTech was inaugurated the job fair as Chief Guest and Mr. M.V. Rajeshwara Rao, Secretary General, FAPCCI, Mr. Ch. Venu Gopal Reddy, Chairman, BIET, Prof. Kumara Swamy, Director, BIET and many other organizations HR officials have participated at the job fair.

Reputed companies like Servo lubricants, BizzBook Tablet computers, Apollo Hospitals, Hasman Soft Solutions, Shiv Gnany Info Technologies, Kedia InfoTech Limited, Ambitions Academy / Positive Shift International, Asahi Switchgear Products Ltd, Asa Bhanu Technical Services Limited, Trans-Mech Systems, Shubha Gruha Projects (I) Ltd, Eurekha Forbes Limited, TMIe2E Academy, Big C Mobiles, Global Innove Source, Anusha Agri Products (I) Ltd, Anusha Agri Gold Limited, Suvarnabhoomi Developers, Sri Logillu Developers Pvt Ltd, India Info line Limited, Ton Smiles Limited, MedPlus Health Services Limited, RedOx Solutions, My Health Pharmacy and Med Skills Learning Limited have successfully conducted an interviews at the job fair.

Reputed companies belonging to IT, ITeS, Constructions, Banking, Retail, Automobiles, Pharmaceutical companies and others have conducted the recruitment for over 5000 students belonging to over 60 colleges from all over twin cities and surrounding district in this Mega event. In this Mega job fair 82 job seekers got selected and received an on the spot Offer Letters and 526 students were shortlisted by various companies making this event a grand success.

Power Tariff for 2013-14– Death Knell to Industrial Development

FAPCCI organized a Press conference on power situation in the state and the tariff order issued by APERC on March 30, 2013 at Federation House. Various industries associations have participated and explained the woes of industry due to steep hike in power tariffs for the year 2013.

Mr Devendra Surana, President, FAPCCI spoke on various issues of power such as power allocation, availability, FSA charges and burden of subsidy, increase in power price and solar policy of the state. He said that though the power shortage in the state is 10 to 18% industry is subjected to 50% power cuts in the past 18 months which is unfair. The burden of FSA was more on industry because of reduction in metered sales of power and increase in agricultural sales. He explained that because of this though there is no change in fuel cost the industry is burden with an FSA of 0.64 paisa per unit. He also mentioned that the huge penalties which were imposed on industrial consumers for excess consumption of their allowed CMD as per R&C measures are calculated wrongly and informed with a long delay causing huge burden to industrial units.  He criticized that Government failed to implement the relief measures announced almost 6 months back such as refund of vat on diesel used for power generation and removal of electricity duty on captive generation. The solar power which was announced in September 2012 is still not clear on various issues like, banking charges, wheeling agreement, transmission & wheeling charges, and cross subsidy charges due to which no project is off the ground in the State.

The present tariff order passed by APERC imposed heavy burden on industrial consumers with price hike ranging from 25% to 60%, he said.

Mr. Shiv Kumar Rungta, Vice President, FAPCCI said that the government should reduce the tariff hike to the small sector and release the incentives immediately.

Mr. V. Anil Reddy, Chairman, Energy Committee, FAPCCI expressed his concern saying that though government is stating that MSMEs are important for the economic growth, they are hard hit by the present tariff hikes. The increase in power tariff for small industries is almost 75% which is unprecedented and he said that the industries have no other option but to close down the unit.

Mr. M.M. Sreeram Murthy, Chairman, Economic Affairs committee, FAPCCI said that though FAPCCI and all other industry associations cautioned the government about the impending power crisis in the State from 2008, and asked to take preventive measures, Government failed to take any measures to prevent the crisis. He stated that the manufacturing sector in the State recorded 11% negative growth in this year where as the National Policy on manufacturing sector aimed at increasing the share of manufacturing in GDP to 25%.

Mr. J. Nageswara Rao, President, FAPSIA said that due to the power shortage in the State, production is reduced by 45% and employment by 40% in the small scale sector. He also said that the incentives / subsidies were pending for the last four years to the tune of Rs 1200 crores.

Mr. Suresh Kumar Singhal, President, Steel Manufacturers Association said that power is the major input for steel industry and the industry is getting only 35% of power for the past 18 months and said that this day is a black day for Industry in the State.

Mr. Narsing Rao, medak Small Scale Industries Association said that most of the small industries located in and around medak are selling their units because of high power tariffs and acute shortage of power.
Mr. Sadha Shiva Reddy, President, Jeedimetla Industrial Association commented that Government  is trying to make Andhra Pradesh a power surplus state and working towards it by forcing the industrial units in the state to closed down.

Mr. Devendra Surana, President, FAPCCI, Mr. Shiv Kumar Rungta, Vice President, FAPCCI, Mr. V. Anil Reddy, Chairman, Energy Committee, FAPCCI, Mr. M.M. Srirama Murthy, Chairman, Industrial Development Committee, FAPCCI, Mr. M.R. Prasad, Secretary General, Ferrow Alloys, Mr. J. Nageshwara Rao, President, FAPSIA, Mr. Suresh Kumar Singhal, President, Steel Manufacturers Association, Mr. Narsing Rao, President, Medak Small Scale Industries Association and  Mr. Mr. M.V. Rajeshwara Rao, Secretary General, FAPCCI  have addressed the Media.

Monday, April 1, 2013

"FAPCCI - RYK Job Fair 2012" Success Meet

The Federation of Andhra Pradesh Chambers of Commerce and Industry (FAPCCI) in association with Rajeev Yuva Kiranalu & Sri Indu & RVR Group of institutions have organized “FAPCCI - RYK Job Fair 2012 Success Meet” on March 30, 2013 at Federation House, Red Hills, Hyderabad. Prof. K.C. Reddy, Vice Chairman, REECAP & Chairman, REEMAP, Government of Andhra Pradesh was the chief guest at the occasion.

 Mr. Shiv Kumar Rungta, Vice President, FAPCCI, Dr. Ashok Kumar Kedia, Chairman, IT Committee, FAPCCI, Mr. Srinivasa Rao, Chairman, Adarsg Group of Colleges, Mahabubnagar, Mr. Madhav, Correspondent, Kakatiya Mahila Degree College, Warangal, Mr. Mallesham, Chairman, Talla padmavathi Group of Institutions, Warangal and Mr. M.V. Rajeshwara Rao, Secretary General, FAPCCI have addressed the meet.

National Seminar and Exhibition on “Trends and Demands in IT & ITeS”

The Federation of Andhra Pradesh Chambers of Commerce and Industry (FAPCCI) in association with EduGate Foundation, BizzBook, Springforth, Tata Docomo and e-Seva World organized an national seminar and exhibition on “Trends and Demands in IT & ITeS” on March 30, 2013 at Federation House, FAPCCI Marg, Red Hills, Hyderabad.

Dr. Killi Kruparani, Union Minister of State for Communications and Information Technology, Government of India was the chief guest, Mr. Ponnala Lakshmayya, Minister for Information Technology and Communications, Government of Andhra Pradesh and Mr. Praveen Prakash, IAS, Private Secretary to Union Minister of State for Communications and Information Technology, Government of India was the guest of honour for the occasion.

Mr. Devendra Surana, President, FAPCCI, Dr. Ashok Kumar Kedia, Chairman, IT Committee, FAPCCI, Mr. M.V. Rajeshwara Rao, Secretary General, FAPCCI, Mr. CSR Prabhu, Deputy Director General, National Informatics, Centre, Andhra Pradesh State Centre, Mr.T Hanuman Chowdary, Fellow: Tata Consultancy Services, Former: Information Technology Advisor: Government of AP, Mr. Shri Pradeep Desu, International Head- Hiring, Pocket Gems, Mr. Shri Rajesh R, Regional Sales Head, Tata Docomo - SME Business, AP Circle, Mr. Nimish Gupta, Global Head - Talent Management & Development, Mahindra Satyam, Mr. Nidhin Polsani, CEO, Bizz Book, Mr. B.L.V. Rao, Advisor, Nettlinx, Mr. Naresh K Dayama, Assistant General Manager, Getit info Services, Mr. Richard B. Saldanha, Executive Director, Blackstone Advisors India Private Ltd, Ms. Ekta Bahl, Partner, Tatva Legal and Kalyan Sivalenka, Managing Director, Springforth Capital Advisors are the key speakers at the technical session.