The Gandhidham Chamber of Commerce & Industry

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Greetings from GCCI!

Finance Minister presented Budget for 2018-19 predominantly a rural sector budget to address discontent over falling farm income and slowdown. Measures like reducing in IT rate from 30% to 25% for MSME, highest ever allocation for Indian Railways, National Logistics Portal, increased allocation for Exporter’s Interest Subsidy Scheme, significant focus on health care, education & rural upliftment are appreciable and laudable. However, the budget missed on the start-up, relief on MAT for SEZ, rate of interest on loan to MSME etc. It is well for consumer goods companies as likely increase in disposable income of rural population will boost consumption. Shipping including Sagarmala got least allocation thereby, raising concern & question on take-off of Sagarmala Project to achieve the Govt.’s ambitions goals.

The Govt. deferred the launch of E-Way Bill under GST due to failure of the portal and now implementation may be gradual phase-wise. However, business fraternity should continue its trial to get familiar with the system.

As expected in Bi-Monthly monetary policy, RBI maintained status-quo by keeping key rates steady. However, RBI warned on five levies on capital and fiscal slippage resulting the Govt.'s turn to counter the headwinds. Higher inflation outlook is very much a matter of concern for the exporters which result into increase of net borrowing cost for the exporters and further pressure on working capital due to pending GST refund.

The Gujarat Government while presenting budget for the fiscal year 2018-19, went all out to please most cross-sections of the society, especially the youth, students & farmers.

Major Ports registered positive growth of 4.58% during April’17 to January’18 with the contribution of 90.98 Million Tonnes of Deendayal Port (Kandla Port).

Our Chamber is committed to follow-up vigorously with the Govt. to make policies conducive for the business environment.

As Chamber’s E-News Letter evolves itself with new features we look forward to your valuable feedback & contribution.

With best wishes………

Babubhai B. Humbal President

Babubhai Humbal

President – GCCI

Nandlal Goyal Vice President

Murlidhar Jagani Hon. Secretary

Sanjay Gandhi Hon. Jt. Secretary

Jayesh Rajde Treasurer

Bulletin Committee

Murlidhar Jagani Hon. Secretary

Mahadev Rajani Convenor

Anuj Sharma Jagdish Nahta Purvesh Raval

Member

Co-ordinated by Ashok P. Vora

Arpan Vachharajani

For More Details & Advertisement

Contact 99250 37814

@: info@gccikandla.com

PRESIDENT’S DESK

Issue 23

Date 01.03.2018 A Monthly Newsletter

Estd 1953

The Gandhidham Chamber of Commerce & Industry

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Events @ GCCI

Seminar on E-Way Bill A Seminar on E-Way bill was organised on 02nd February, 2018 @ Chamber Bhavan. At the outset, Hon. Secretary Shri Murlidhar Jagani greeted the speaker Shri Shashikant Sharma, Asst. Commissioner, GST and the audiences. He informed that for the last one year GCCI had organised various seminars and speeches on GST issue regularly.

Speaker Mr. Sharma, stated that the e-way bill has been deferred back to February 20th in Gujarat, but it is very important to get information about this. He gave detailed information about various aspects of e-way bills through Power Point presentation and explained the example of how

to prepare e-way bills. Apart from this, also provided information on how to make the necessary correction in e-way bills. He appealed to the business fraternity that please start to make the e-way bill in system to get familiar with it. So that when the work of e- way bill in Gujarat becomes compulsory, it can be fully materialised and executed comfortably through E-Way Bill digital platform by overcoming difficulties over a period of time. At the end of the program, Mr. Sharma gave satisfactory answers to the questions of audience.

Half Yearly Annual General Meeting 24.2.2018

USE FULL LINK

• Refund of IGST on Export– Invoice mis-match Cases –Alternative Mechanism with Officer Interface

• List of A1 & A category railway stations where pasting of reservation charts on the reserved coaches of all trains will discontinue from 01st March 2018.

The Gandhidham Chamber of Commerce & Industry

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NAME OF TRADE SHOW DURATION & VENUE

Indian Ceramics 2018 07 to 09.3.2018 Ahmedabad Ad:tech 08 to 09.3.2018 Gurgaon India Wood 08 to 12.3.2018 Bangalore GarFab – TX 09 to 11.3.2018 Surat PackPlus – South 2018 09 to 12.3.2018 Hyderabad Elecrama – All about Electricity 10 to 14.3.2018 Grater Noida IFF - India Fashion Forum 13 to 14.3.2018 Mumbai Aahar 13 to 17.3.2018 Delhi Medical Fair India 2018 16 to 18.3.2018 Mumbai India Travel Mart – Goa 2018 16 to 18.3.2018 Goa Gem & Jewellery India International Exhibition 23 to 25.3.2018 Chennai

Secutech India 06 to 06.4.2018 Mumbai

Important Representations

Date Represented to Subject

3.2.18 Shri Vijaybhai Rupani, Hon’ble Chief Minister, Gujarat & Other

Wood Based Industry (Establishment / Regulation) Directions 2016 Research 2017

7.2.18 Shri Ravi Parmar, Chairman, Deendayal Port Trust, Gandhidham

Request to extend time limit for the completion of the construction on open lease-hold plots from 31.03.2018 to 31.03.2019

12.2.18 Shri Piyush Goyal, Hon’ble Minister of Railway, New Delhi

Request for the introduction of new (Hum Safar) train from Kachchh District to North India

14.2.18 Shri Nitinbhai Patel, Hon’ble Dy. Chief Minister & Minister of Health and Family Welfare, Gujarat

Improve the facilities of Rambagh Hospital situated in Gandhidham – Adipur Kachchh

14.2.18 Secretary, Road & Building Department, Gujarat State, Gandhinagar & Other

Repairing of State Highway – Tagore Road connecting Gandhidham - Adipur

TRADE SHOWS

Ans-1. (a) Margarisa (Maagh)

Ans-2. (b) Nandi

Ans-3. (b) Nandi

Ans-4. (b) Nandi

Ans-5. (d) 14th February

Ans-6. (c) Cupid

February Festivals Quiz

1st Prize : Mr. Bhavesh Thakkar 2nd Prize : Mr. Amit Thacker

W I N N E R S

The Gandhidham Chamber of Commerce & Industry

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SHORT NEWS

IBM brings Salesforce partner Bluewolf to India

Technology giant IBM today launched Bluewolf, a Salesforce consulting agency, in India as it aims to expand its play in various digital transformation initiatives being undertaken by the government and enterprises in the country. IBM will focus on verticals like telecom, utilities and financial services to deliver Salesforce's solutions, using Bluewolf's delivery capabilities and its own expertise in cognitive and design-thinking. READ MORE

Telangana (India) may get small and medium textile park soon

A small- and medium-scale textile park is likely to come up in Telangana (India) soon. This has been proposed by Telangana State Industrial Infrastructure Corporation (TSIIC). The under consideration park is likely to be housed at Pendyala village of Jangaon District.

READ MORE

Panasonic, Trend Micro to develop cybersecurity solutions for connected cars

Panasonic Corporation and Trend Micro Incorporated announced a partnership to jointly develop cybersecurity solutions to detect and prevent cyber-attacks against autonomous and connected cars. The partnership aims to achieve high security of autonomous and connected cars by developing solution to detect and prevent intrusions into Electronic Control Units (ECUs) that control driving behaviour such as acceleration, steering and braking, as well as in-vehicle infotainment (IVI) devices including automotive navigation systems, and telematics devices. READ MORE

IRF urges govt to replace diesel engine vehicles with E-vehicles

Global road safety body IRF today urged the government to replace single and double cylinder diesel engine vehicles with E-vehicles in the country. Contrary to single and double cylinder diesel engine vehicles used globally for water pumping from ground or for boat rides, in India they are used in 3-wheelers for carrying passengers and goods, International Road Federation (IRF) said today.

READ MORE

APSEZ eyes new markets in North America, Canada after agreement with Montreal Port

Mundra Port, India’s biggest commercial port run by Adani Ports and Special Economic Zone Ltd (APSEZ), signed an agreement with Montreal Port Authority (MPA) seeking to cooperate in marketing and business development while sharing information on marine operations and industry best practices such as use of technology as its eyes new markets overseas to drive growth.

READ MORE

Union minister Nitin Gadkari proposes ropeway network for transport

Union minister Nitin Gadkari today pitched for a vast network of ropeways across the country and said the cost effective implementation of such a project would prove to be a “game changer” for the transport system.

READ MORE

China’s One Belt, One Road Initiative Reaches European Ports

Chinese megacorporation cosco Shipping Ports Limited signed a deal on January 22 with Brussel’s Port Zeebrugge for control of its massive shipping terminal. The deal gives cosco full rights to design, develop, finance, construct, own, operate and maintain the second-largest port in Belgium. READ MORE

Govt. likely to make GPS mandatory in feature phones

The government is likely to make GPS mandatory in feature phones by withdrawing an exemption it granted earlier, according to official sources. The move will enable the government to roll out panic button facility on mobile phones, aimed at helping women in distress. READ MORE

Govt extends transmission charge waiver to solar, wind power till March 2022

The government has extended the waiver of inter-state power transmission charges and losses for the solar and wind power projects commissioned till 31 March 2022, with a view to giving a boost to clean energy sources. Earlier, the waiver was available to solar and wind power projects commissioned till 31 December 2019, and 31 March 2019, respectively. The waiver was available for a period of 25 years from the date commissioning of the project.

READ MORE

Better port ecosystem to help boost India’s ease of doing business ranking: Report

To achieve the ambitious target of having a 5% share in world exports and climb up the ranks in ease of doing business, India needs to address its port ecosystem, says a report commissioned by government think tank Niti Aayog. The report says that processes and operations across India’s ports are not standardized or uniform, costs and time for key processes are unpredictable and there is an unacceptable level of variation across ports as well as within ports. READ MORE

New MIT Project to Probe Mysteries of Human Intelligence

MIT last week launched the MIT Intelligence Quest, an initiative to find out how human intelligence works, in engineering terms, and how a deeper grasp of human intelligence can be applied to building wiser and more useful

machines. Life scientists, computer scientists, social scientists and engineers will collaborate in the effort. READ MORE

Lack of quality trainers impending India’s skill mission

The World Economic Forum’s (WEF’s) Global Manufacturing Index puts India on the 30th position, listing human capital and sustainable resources as the two key challenges for the country. India needs to raise the capabilities of its relatively young and fast-growing labour force, noted WEF.

READ MORE

The Gandhidham Chamber of Commerce & Industry

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Knowledge dikhaao, inaam paao!

Theme for this Month: Holi

"Exciting Prizes to be won"

1 Holi is known as… a. Festival of Chocolates b. Festival of Lights c. Festival of Flowers d. Festival of Colours

4 Lathmaar Holi is famously celebrated in which Indian city? a. Tirupati b. Dwarka c. Barsana d. Puri

2 What is the name of colour used in Holi? a. Turpentine b. Gulaal c. Acrylic d. Distemper

5 Who sang the very famous Holi song “Rang Barse Bhige Chunnar Vaali”? a. Kishore Kumar b. Sudesh Bhosle c. Mukesh d. Amitabh Bachchan

3 What is the name of King Hiranyakashyap’s demon sister who is associated with Holi?

a. Holika b. Shoorpanakha c. Simhika d. Tadaka

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