Economy

• IPDS for Textiles Industry (Free Available)

• Broadband Subscriber increased to 15.24 Million (Free Available)

• Telecom Subscribers increased to 904.46 Million (Only for Online Coaching Members and Premium Members)

• India & Japan Signed MoU to study Mumbai-Ahmedabad Rail Route (Only for Online Coaching Members and Premium Members)

• Pact for Uttar Pradesh Water Sector Restructuring Project (Only for Online Coaching Members and Premium Members)

• Cabinet Committee on Economic Affairs Decisions (Only for Online Coaching Members and Premium Members)

• Integrated Textile Parks Scheme in 12th FYP (Only for Online Coaching Members and Premium Members)

• Trade Deficit Estimated at 80126.24 Million US Dollars (Only for Online Coaching Members and Premium Members)

• Jet-Etihad deal Approved by SEBI (Securities Exchange Board of India) (Only for Online Coaching Members and Premium Members)

• Bhubaneswar and Imphal airports were Declared as International Airports (Only for Online Coaching Members and Premium Members)

• RBI reduced the MSF Rate to 9 Percent (Only for Online Coaching Members and Premium Members)

• National Mission on Oilseeds and Oil Palm approved (Only for Online Coaching Members and Premium Members)

• MSP of Wheat by 50 Rupees per Quintal (Only for Online Coaching Members and Premium Members)

• IFC Launched 1 Billion Dollar offshore Rupee Bond Programme (Only for Online Coaching Members and Premium Members)

• RBI Allowed Banks to Revise Periodicity of Interest Payments (Only for Online Coaching Members and Premium Members)

• SEBI approved Major Reforms to Attract Overseas Investors (Only for Online Coaching Members and Premium Members)

IPDS for Textiles Industry

The Cabinet Committee on Economic Affairs on 30 October 2013 approved the launch of the new Integrated Processing Development Scheme (IPDS) during the 12th five year plan with an investment of 500 crore rupees.

The IPDS was approved for establishment of four to six brown field projects and three to five green field projects that addresses the environmental issues that is faced by the Textile Processing Units.

The projects are eligible under the scheme that cover following things:

• Common Effluent Treatment Plant (CETP)
• Captive power generation on technology preferably renewable/green technology
• Infrastructure such as storm water management, necessary roads and pipelines for water & wastewater
• Facility for testing and R&D centers

The scheme would make possible for the textiles industry to become the globally competitive by using the processing standards and technology, which are environment friendly and by creating the new processing parks. It will also help in upgradation of the processing clusters/centers in existence, specifically in the areas of the water and waste water management. The scheme will also encourage the
research and development work in the textiles processing sector.

Broadband Subscriber increased to 15.24 Million

As per the latest telecom subscription data released by the Telecom Regulatory Authority of India on 31 July 2013, total Broadband subscriber base in India increased from 15.19 million at the end of June 2013 to 15.24 million at the end of July 2013. This is a monthly growth of 0.33 percent. Yearly growth in broadband subscribers is 3.79 percent during the last one year (July 2012 to July 2013). At present, there are 161 Internet Service Providers (ISPs) which are providing broadband services in the country. Out of these, 121 ISPs (having 98.48 percent market share) have provided broadband subscription data for the month of July 2013, for the rest of the ISPs data from previous month has been retained. Top five ISPs in terms of market share (based on subscriber base) are: BSNL (9.97 million), Bharti Airtel (1.43 million), MTNL (1.10 million), Hathway (0.37 million) and You Broadband (0.32 million).

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