Press Information Bureau
Government of India
* * * * * *
Ministry of Commerce & Industry
Market Access Initiative scheme
New Delhi: January 14, 2010
The Market Access Initiative (MAI) scheme was launched in 2003 to act as a catalyst to promote India's export on sustained basis. The scheme is formulated on Focus Product – Focus Country approach to evolve specific strategy for specific markets and specific products. Under the scheme, project-based assistance is provided to Export Promotion Councils, Trade Promotion Organizations, Apex Chambers of Commerce, etc. Details about the scheme are available at http://commerce.gov.in.
During the Tenth Plan, a total expenditure of Rs.84.18 crore was incurred under this scheme. The scheme is being continued in the Eleventh Plan with approved allocation of Rs.550 crore. Budget Estimates for the scheme for 2009-10 is Rs.124.00 crore. The details of actual expenditure under the scheme during the period 2002-03 to 2008-09 are as under:
(Rs. in crore)
Amount
2002-03
10.80
2003-04
9.00
2004-05
4.48
2005-06
19.91
2006-07
39.99
2007-08
44.99
2008-09
49.99
rj/mrs/dk/kol/13:17 hrs.
Press Information Bureau
Government of India
* * * * * *
Ministry of Commerce & Industry
Index Numbers of Wholesale Prices in India (Base: 1993-94=100)Review for the month of December, 2009
New Delhi: January 14, 2010
The official Wholesale Price Index for 'All Commodities' (Base: 1993-94 = 100) for the month of December,2009 rose by 0.4 percent to 246.5 (Provisional) from 245.4 (Provisional) for the previous month.
INFLATION
The annual rate of inflation, based on monthly WPI, stood at 7.31% (Provisional) for the month of December'2009 (over December, 2008) as compared to 4.78 % (Provisional) for the previous month and 6.15% during the corresponding month of the previous year. Build up inflation in the financial year so far was 8.02% compared to a build up of 1.86% in the corresponding period of the previous year.
Inflation for important commodities / commodity groups is indicated in.
The movement of the index for the various commodity groups is summarized below:-
2. PRIMARY ARTICLES (Weight 22.02%)
The index for this major group rose by 1.2 percent to 284.1 (Provisional) from 280.6 (Provisional) for the previous month. The groups and items for which the index showed variations during the month are as follows:-
The index for 'Food Articles' group rose by 0.5 percent to 288.4 (Provisional) from 287.1 (Provisional) for the previous month due to higher prices of urad (8%), moong (7%), condiments & spices (5%), pork, fish-marine, eggs, arhar and masur (3% each), bajra and milk (2% each) and rice and gram (1% each). However, the prices of poultry chicken (7%), vegetables & fruits (4%) and jowar, fish-inland and tea (1%) declined.
The index for 'Non-Food Articles' group rose by 3.9 percent to 249.5 (Provisional) from 240.1 (Provisional) for the previous month due to higher prices of raw tobacco (22%), raw rubber (16%), raw jute (12%), groundnut seed, rape & mustard seed, copra and raw cotton (5% each), castor seed (3%) and cotton seed, gingelly seed and linseed (1% each). However, the prices of niger seed (4%), skins raw (3%) and raw silk (1%) declined.
The index for 'Minerals' group rose by 0.2 percent to 588.1 (Provisional) from 587.0 (Provisional) for the previous month due to higher prices of fire clay (14 %), dolomite (13 %), gypsum and asbestos (7% each), chromite (5%), steatite (4%), phosphorite and felspar (3% each) and barytes (2%). However, the prices of vermiculite (11%), ochre (5%) and magnesite (1%) declined.
3. FUEL, POWER, LIGHT & LUBRICANTS (Weight 14.23%)
The index for this major group rose by 0.1 percent to 345.2 (Provisional) from 344.9 (Provisional) for the previous month due to higher prices of light diesel oil, naphtha and furnace oil (1% each).
4. MANUFACTURED PRODUCTS (Weight 63.75%)
The index for this major group rose by 0.2 percent to 211.5 (Provisional) from 211.1 (Provisional) for the previous month. The groups and items for which the index showed variations during the month are as follows:-
The index for 'Food Products' group rose by 0.8 percent to 253.3 (Provisional) from 251.4 (Provisional) for the previous month due to higher prices of bran (all kinds) (9%), imported edible oil (7%), rice bran oil and coconut oil (6% each), rape & mustard oil (5%), atta and groundnut oil (4% each), maida (3%), sooji(rawa) and gur (2% each) and khandsari, gingelly oil, butter and cotton seed oil (1% each). However, the prices of soyabean oil and unrefined oil (1% each) declined.
The index for 'Textiles' group rose by 2.0 percent to 149.6 (Provisional) from 146.7 (Provisional) for the previous month due to higher prices of tyre cord (22%), hessian cloth (9 %), cotton yarn-hanks and hessian & sacking bags (3% each), cotton yarn-cones and woollen yarn (2% each) and other cotton yarn and texturised yarn (1% each). However, the prices of viscose filament yarn and polyester staple fibre (1% each) declined.
The index for 'Paper & Paper Products' group declined by 0.1 percent to 203.9 (Provisional) from 204.1 (Provisional) for the previous month due to lower prices of printing paper white (1%). However, the prices of m.g. poster paper (1%) moved up.
The index for 'Rubber & Plastic Products' group rose by 0.1 percent to 168.8 (Provisional) from 168.7 (Provisional) for the previous month due to higher prices of pvc fitting & accessories (4%).
The index for 'Chemicals & Chemical Products' group declined by 0.3 percent to 229.3 (Provisional) from 229.9 (Provisional) for the previous month due to lower prices of ammonium sulphate n_content (11%), bopp film (6%), endosulfan (5%) and monocrotophos and rubber chemicals (3% each). However, the prices of benzene (12%), purified terephthalic acid (pta) (11%), synthetic rubber (8%), p.v.c. resins (5%), methanol (2%) and tooth paste (1 %) moved up.
The index for 'Non-Metallic Mineral Products' group declined by 2.0 percent to 220.2 (Provisional) from 224.7 (Provisional) for the previous month due to lower prices of cement (3%).
The index for 'Basic Metals Alloys & Metal Products' group rose marginally to 258.2 (Provisional) from 258.1 (Provisional) for the previous month due to higher prices of steel ingots (9%), zinc and zinc ingots (4% each) and oromild steel & tensile plates (2%). However, the prices of basic pig iron and foundry pig iron (2% each) and ms bars & rounds and heavy light structurals (1% each) declined.
The index for 'Machinery & Machine Tools' group declined by 0.3 percent to 173.5 (Provisional) from 174.0 (Provisional) for the previous month due to lower prices of other electrical equipment & systems (10%). However, the prices of enamelled copper wires (1%) moved up.
5. FINAL INDEX FOR THE MONTH OF October, 2009
For the month of October, 2009 the final wholesale price index for 'All Commodities' (Base:1993-94=100) stood at 242.5 as compared to 242.2 (Provisional) and annual rate of inflation based on final index stood at 1.46% as compared to 1.34% percent (Provisional) reported earlier vide press note dated 14/11/2009.
Next date of press release: 15/02/2010 for the month of January, 2010
This press release is available at our home page http://eaindustry.nic.in
Monthly WPI enclosed………..
rj/mrs/dk/kol/13:17 hrs.
Press Information Bureau
Government of India
* * * * * *
Ministry of Commerce & Industry
Wholesale Prices for Primary Articles and Fuel, Power, Light & Lubricants in India
(Base: 1993-94=100)
Review for the week ended 2nd January, 2010 (12 Pausa, 1931 Saka)
New Delhi: January 14, 2010
The WPI for the week ended 2nd January, 2010 in respect of 'Primary Articles' and Commodities in the broad group 'Fuel, Power, Light & Lubricants' is given below:
PRIMARY ARTICLES (Weight 22.02%):
The WPI for the week ended 2nd January, 2010 rose by 0.4 percent to 283.4 (Provisional) from 282.2 (Provisional) for the previous week.
The annual rate of inflation, calculated on point to point basis, stood at 13.82 percent (Provisional) for the week ended 02/01/2010 (over 03/01/2009) as compared to 14.39 percent (Provisional) for the previous week (ended 26/12/2009) and 12.06 percent during the corresponding week (ended 03/01/2009) of the previous year.
The groups and items for which the index showed variations during the week are as follows:-
The index for 'Food Articles' group rose by 0.4 percent to 285.8 (Provisional) from 284.8 (Provisional) for the previous week due to higher prices of masur (10%), arhar (8%), fish-marine (4%), ragi, maize, urad and moong (2% each) and milk and wheat (1% each). However, the prices of tea (3%) and fruits & vegetables (2%) declined.
The index for 'Non-Food Articles' group rose by 0.7 percent to 253.2 (Provisional) from 251.4 (Provisional) for the previous week due to higher prices of mesta (15%), soyabean (5%), niger seed (4%), raw silk (3%) and linseed, groundnut seed, rape & mustard seed and raw rubber (1% each). However, the prices of fodder and copra (2% each) and castor seed (1%) declined.
3. FUEL, POWER, LIGHT & LUBRICANTS (Weight 14.23%)
The index for this major group rose by 1.1 percent to 350.1 (Provisional) from 346.2 (Provisional) for the previous week due to higher prices of naphtha (18%), bitumen (4%) and furnace oil (2%). However, the prices of aviation turbine fuel (4%) and light diesel oil (1%) declined.
The annual rate of inflation, calculated on point to point basis stood at 6.25 percent (Provisional) for the week ended 02/01/2010 over 03/01/2009 as compared to 4.85 percent (Provisional) for the previous week (ended 26/12/2009) and (-) 1.41 percent during the corresponding week (ended 03/01/2009) of the previous year.
Next date of press release: 21/01/2010 for the week ending 09/01/2010
This press release is available at our home page http://eaindustry.nic.in
WPI - Weekly enclosed………..
rj/mrs/dk/kol/13:17 hrs.
--
Palash Biswas
Pl Read:
http://nandigramunited-banga.blogspot.com/
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