Hike excise exemption—LUB FOC The Laghu Udyog Bharati (LUB) has asked the Union Finance Minister, P. Chidambaram, to increase the Central excise exemption limit for Small Scale Industries (SSIs) from Rs one crore to two crore as there has been an overall increase in the cost of all inputs, specially in steel including wages. The LUB president, Balwant Rai Gupta, has requested the Finance Minister to consider representation of SSI as director in various boards of the banks to look after the increase in SSI units and to create a market-development fund to the tune of Rs 1,000 crore so as to discourage competition and globalisation of products. (FOC) | Subbu Srinivas passes away FOC Subbu Srini-vas, Akhil Bharatiya Ghosh Pra-mukh of RSS, passed away in Bangalore on January 18. He was 65. He is survived by two brothers, a sister and other family members. He had been hospitalised at the Bangalore Kidney Foundation for the last few months because of kidney failure and had been undergoing dialysis regularly. After his education, he became a Sangh Pracharak in 1962, first in Kushal Nagar (Coorg district) and then for some time in Tumkur district. Later, he assumed the responsibility of Ghosh Vibhag in Karnataka. He became Akhil Bharatiya Ghosh Pramukh in early 90’s, since then he had been touring all over Bharat in this capacity. He was instrumental in making the Sangh Ghosh innovative in many ways. (FOC) |
