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Bad Roads Bleed The Economy Dry

neha — Tue, 24 Nov 2009 15:47:18 +0000

Though it seems highly unlikely, India’s economy has a new antagonistic presence – that of the country’s throbbing veins – the road network. The plans to expand and strengthen the national highways have so far been over ambitious. Even today, as India strengthens its presence as an international trade entity, the internal trade suffers because of poor quality roads and a sordid state of affairs as far as the national highways are concerned.

A brief look at statistics simply reasserts the worst. While in developed countries, goods carrying trucks are able to cover about 800 km per day, Indian trucks are only able to cover about 350 Km per day on an average. This is because the roads are so bad that the average speed is a mere 20 Km/hr.

There has been some development in this regard. However, poor road conditions continue to wreak havoc for those whose livelihood depends on transportation of goods. Besides the low speed, there are also delays at every checkpoint where not only are truck drivers detained indefinitely, but money is also demanded of them.

A recent study has shown that every year the economy loses out on about $600 million because of the constant delays. This however is not all. One can add about $5 million that is wasted in terms of fuel because of the stoppages and the slow speed.
The volumes of the freight keeps on increasing by about 9.06% every year. However, as compared to the increase in the volume, only about 3.77% of roads are added to contain the volume every year.

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Industry & Services: Telecommunications

The Syntax Systems — Wed, 11 Nov 2009 03:47:14 +0000

Telecommunications is one of the fastest growing industries in India. With a total number of subscribers at 479.09 million at the end of July 2009, Indian telecom market is the second largest in the world, ranking next only to China. On an average, Indian telecom subscriber base increases by 15 million new connections every month. Out of this, approximately, 8 to 10 million are mobile connections.

Overall, the proportion of cellular phone connections is rapidly increasing and replacing the fixed-lines connections, as well. Today, the percentage of mobile users in the market is almost 89% and growing. At this rate, it is estimated that by mid 2012, at least half of the Indians will own mobile phones, with a total number of users expected to be 612 million. As per a research report published by Nokia, the Indian telecom industry will contribute to 15.4% of the GDP by the year 2014.

The Indian telecommunications industry remained undeterred even in the face of the worst economic recessions in the recent times and registered an impressive growth. In the year 2008, Indian telecom subscriber base grew by 113.26 million at an average of 9.5 million per month!

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Greater Noida Draw Results 2009 – Greater Noida Development Authority Housing Scheme

admin — Wed, 22 Jul 2009 09:40:43 +0000

Greater Noida is the emerging residential destination in the National Capital Region (NCR). Around 26.5 million sq ft of housing space is projected to come up in Greater Noida by 2009-10.

BHS11 Residential Scheme Draw of Greater Noida Development Authority – Greater Noida Draw for BHS-11 (30 sqm flats) Scheme is scheduled to be held on 21/07/2009 at 09.00 am at Community Centre-Delta-II. Total no of flats 3760.

Chi, Pi, Zeta-I, Beta-I and Mew-I draw will be held on 21st July and Ju-I, Sector III and Swarn Nagri Draw will be on 22nd July.

Results and other details are available on following websites:

http://www.greaternoidaauthority.in/

http://www.parichowk.com/

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