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English Release 27-November 2014
Date Month Year
  • President's Secretariat
  • President of India attends Birth Centenary Celebrations of Chaudhary Ranbir Singh
  • President of India to visit West Bengal, Uttar Pradesh and Odisha from November 28 TO 30
  • Department of Atomic Energy
  • New Atomic Power Plants
  • Administrative Arrangement Agreement with USA
  • Power Generation Through Atomic Energy
  • Thorium Reserves in Country
  • Deposits of Rare Earths
  • Election Commission
  • FACTS AT A GLANCE- JHARKHAND
  • Min for Develop. of North-East Region
  • Role of North Eastern Regional Agricultural Marketing Corporation
  • Min of Agriculture
  • Union Agriculture Minister, Shri Radha Mohan Singh has expresses happiness over establishment of Mahatma Gandhi Central University in Motihari
  • Min of Civil Aviation
  • Tourist Visa on Arrival Enabled with ETA Scheme Launched
  • Min of Coal
  • Production of Coal
  • Quantum & Value of Coal Reserves
  • Setting up of Independent Regulator for Coal Sector
  • Auction of Coal Blocks
  • Sampling of Coal
  • Min of Defence
  • Indian Air Force and Russian Federation Air Force Joint Exercise “Avia Indra I” at AF Stn Halwara Concluded
  • GRSE, Kolkata pays Dividend to the Government of India
  • DGDE Contributes 48.9 lakhs to Prime Minister’s National Relief Fund
  • Min of Earth Science
  • Monitoring of Variability of Weather Phenomena
  • Proposal to Conversion of Sea Water Into Potable Water
  • Mapping of Multi-Hazard Coastal Vulnerability
  • NASA Aircraft for Prediction of Cyclones
  • Ministry of Finance
  • FM Revises the Target of Opening of Bank Accounts under PMJDY to 10 Crore by 26th January, 2015
  • Finance Minister Shri Arun Jaitley Reiterates The Government’s Vision and Commitment for Working Towards Expanding and Deepening Engagements and Relations Between India and China Based on Mutual Complementarities and Common Interests;
  • Min of Health and Family Welfare
  • Health Minister Shri J P Nadda speaks to CM, Kerala on Avian Flu Cases
  • Min of Heavy Ind. & Public Enterprises
  • Protection of Capital Goods Industry
  • Formation of SC/ST Employees’ Welfare Organisation in CPSU
  • Min of Home Affairs
  • MoS (Home) ShriKirenRijiju says the Government is formulating a National Action Plan on Birth and Death Registration
  • Union Home Minister & Tourism Minister launch landmark Tourist Visa on Arrival Enabled with Electronic Travel Authorization Scheme
  • Min of Housing and Urban Poverty Alleviation
  • 16,600 homeless in Delhi; more night shelters to be built
  • Min of Information & Broadcasting
  • Govind Nihalani pays a glowing tribute to the iconic V K Murth
  • Kannada film industry in urgent need of Government financial support and subsidies: P. Sheshadri, Director of Kannada film December –
  • Directors of the Chinese Film ‘Genuine Love’ hope to make films with Indian directors by next year
  • Othello: An Assamese Film Portraying Life as a Perennial River
  • North 24 Kaadham: A Film Full of Optimism
  • The mission of mothers is to see the happiness of their children but we destroy their mission by making war says director Elchin Musaoglu
  • Music Recording comes out of the Shadows
  • Lokmanya Tilak Continues to Inspire Youth at IFFI 2014
  • Min of Micro,Small & Medium Enterprises
  • Strengthening of Khadi and Village Industries Commission
  • Review of financial architecture of MSMEs
  • Special employment through Khadi and Village Industries (KVI) Commission
  • Protection of MSME Sector
  • Entrepreneurship Development Programme in the Country
  • Min of Minority Affairs
  • Multi-Sectoral Development Programme
  • Min of New and Renewable Energy
  • Jawaharlal Nehru National Solar Mission
  • Setting Up of 25 Solar Parks
  • Investment in Renewable Energy Sector
  • Min of Personnel, Public Grievances & Pensions
  • Showcasing of commendable work done during Service
  • Complaint against the CSAT Examination Pattern
  • Disposal of Appeals by CIC
  • Establishment of Jan Lokpal
  • Min of Petroleum & Natural Gas
  • Global crude oil price of Indian Basket was US$ 76.00 per bbl on 26.11.2014
  • Min of Power
  • Power Pavilion Bags Gold Medal at IITF -2014
  • Steps to Overcome the Shortcomings in Supply of Power
  • Round the Clock Supply of Power
  • Deen Dayal Upadhyaya Gram Jyoti Yojana
  • Ministry of Railways
  • Sreedharan Submits One-Man Committee’s Interim Report to Railway Minister
  • Railways’ Solar Power and Wind Mill Plant
  • Committee on Restructuring of Railways
  • Upgradation of Railways’ E-Ticketing System
  • Railways Launches Automatic Freight Rebate Scheme for Traffic Booked in Empty Flow Directions as a Pilot Project
  • Ongoing Railway Projects in North Eastern Region
  • Provision of Medical First Aid in Trains
  • Min of Road Transport & Highways
  • Current Year Targets 8500 km of National Highways
  • Min of Rural Development
  • There will be no dilution of MGNREGA, Says Birender Singh
  • Safe Drinking Water to all Rural Habitations by 2022-Birender Singh.
  • Min of Science & Technology
  • GDP in Science Research
  • Min of Shipping
  • Government Takes Steps to Increase Coastal Movement of Cargo
  • Government to Expand Capacity of Ports
  • Cochin Shipyard Delivers Nine FPVs to Coast Guard
  • Min of Social Justice & Empowerment
  • Self employment training programme for differently abled persons.
  • Reservation for disabled
  • Granting allocation to NGOs made more transparent
  • Min of Textiles
  • Textiles Minister Inaugurates ‘International Conference on Innovative Ideas, Technologies and Services
  • Online Marketing Platform to Handloom Weavers
  • Memorandum from All India Kisan Sabha
  • Promotion of Handloom Industry
  • Handloom and Powerloom Sectors
  • Min of Urban Development
  • Shri M.Venkaiah Naidu discusses major Delhi developmental issues With LG Shri Najib Jung
  • Ministry of Water Resources
  • Cleaning of Yamuna River
  • Cleaning Of Ganga
  • Groundwater in Rural Areas

Previous Date

 
Ministry of Communications & Information Technology24-December, 2009 13:43 IST
Reservation quota for M/s. ITI Ltd.
CCEA Decision

            The Cabinet Committee on Economic Affairs (CCEA) today approved the following proposal of Department of Telecommunications regarding continuation of reservation quota for M/s. ITI Limited:

(i)       To continue the reservation quota at 30% of the requirement of BSNL/MTNL for ITTI for products manufactured by it as well as on turn key projects (like GSM network roll-out).

 

(ii)     ITI would accept orders under reservation quota only after the price is known and further if the same is commercially viable.

 

(iii)    BSNL/MTNL will give 70% advance against the orders placed on ITI so that ITI does not face the problem of working capital for the execution of the orders subject to adequate safeguards for proper utilization of these advances.

 

(iv)    The aforesaid policy measures shall remain in force for a period of one year w.e.f. 21.09.2009 and shall again be reviewed considering the financial health of ITI and advantages derived in revival package as decided by CCEA in its meeting dated 23.02.3009.

Background

            M/s. ITI Ltd., Bangalore, a Public Sector Undertaking under Ministry of Communication & IT, Department of Telecommunications (DoT) has incurred accumulated loss of Rs.3219 crore as on 31.03.2009.

            The financial position of M/s. ITI is very bad.  CCEA, in its meeting held on 28.01.2009 also directed DoT to bring up a comprehensive proposal for financial restructuring of M/s. ITI Limited.  Accordingly, a revival package for ITI Limited is under consideration of the Department of Telecom.

            In order to enable ITI to survive in the competitive environment of telecom manufacturing, BSNL and MTNL have been extending reservation benefit of 30% alongwith 70% advance to ITI Ltd.  The validity of reservation benefit extended to ITI expired on 20.09.2009.

Implementations Strategy and Targets:

            BSNL and MTNL will be requested to extend the benefit of reservation quota to ITI Limited for a period of one year w.e.f. 21.09.2009.

Major Impact

            The extension of the benefit of 30% reservation quota with 70% advance from BSNL and MTNL will ensure enough orders for ITI for the production activities. 

Details and Progress of Scheme if already running

            CCEA in its meeting held on 20.09.2006 had extended the benefit of 70% reservation quota for ITI for a period of three years which has since expired on 20.09.2009.

**********

 

HS/SH/LV

 


(Release ID :56454)

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