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Information Analysis and Repackaging
Notes but would remain high at 9 per cent till October. “There will be some relief starting from November
and (inflation) will decline to 6.5 per cent by March, 2012,” it said. Hinting at further interest rate
hikes, the PMEAC also said the RBI would have to continue with its monetary tightening policy
measures to contain inflation.
The RBI has already hiked benchmark rates 11 times since March, 2010, as part of efforts to tame
inflation. Headline inflation has been above 9 per cent since December, 2010. To contain inflation,
the PMEAC suggested that the government liberally release food stocks. “Important role for fiscal
policy (is) to contain demand pressure. (There is also) need to ensure that the fiscal deficit does not
exceed the budgeted level,” it said. The PMEAC asked the government to increase its efforts for
revenue collection and to reduce cases of tax arrears. It also suggested minimising avoidable
expenditure and resolving the issues with states that are holding up introduction of Goods and
Services Tax (GST). The PMEAC report also said that capital flows this fiscal were likely to rise to
USD 72 billion from USD 61.9 billion in 2010-11.
The FDI inflows were projected at USD 35 billion, up from USD 23.4 billion in 2010-11. However,
the FIIs were likely to infuse just USD 14 billion, less than half of the USD 30.3 billion they pumped
into the country in the previous fiscal. Among the key concerns for the economy, the PMEAC said
there was disparity among the states in terms of growth. For the power sector, it called for reforms
and immediate policy measures to ensure coal availability, smooth land acquisition and environment
clearances. It also pitched for food security by way of providing a legal entitlement to the poor to
subsidised food through appropriate legislative measures. It also called for reforms in the PDS
(Public Distribution System) by way of computerisation, introduction of smart cards and use of
unique identification numbers.
3.10 Product Bulletin
A marketing strategy developed by a business to promote a product or service. A promotional message
can come in many forms, such as a television or magazine advertisement, or a slogan on a product
package. Whatever form it takes, the promotional message is meant to get across a certain message
about the good or service the company is promoting.
3.10.1 S.T. Hydraulic (India)
It is a great pleasure to address you through this first product bulletin we presenting covering
activities and product line of S.T. Hydraulic(India) of which I am the proprietor and Chief executive.
Our family business commenced with forging activity, my father undertook and eventually
established a small unit for this operation. However with demise of my father I found this activity
inadequate for future business plans i have personally dreamt and nurtured ever since I started
thinking of independent business.
Some 20 years back we were asked to fabricate a device for quickly fixing nuts on cycle tube valves
and we did this successfully in very short time. This was our introduction to rubber industry, in
general and bicycle tyre industry in particular. With the passage of time we developed several
machines foe the manufacture of rubber goods but especially covering production of cycle tyres
and tubes .We overcame several hurdles in establishing ourselves as a manufacturer of complete
range of cycle tyre and tube equipment and we are happy to state that we have more than 200
satisfied customers who have used our equipment are continuing to provide us their kind patronage.
Cycle tyre industry like other rubber goods manufacturing industry has always been looking to
procure low cost used equipment. We decided to plunge into this activity and refurbished used
machines to” As new” condition. We are not only a successful supplier of wide range of refurbished
machinery to India but we are now exporting almost a complete plant for the manufacturer of
bicycle tyres with refurbished machinery.
52 LOVELY PROFESSIONAL UNIVERSITY