India’s Economic Growth Predicted To Surpass China

India’s promising economy is obviously one of those that investors are attracted to. According to the director of the International Monetary Fund, India will soon outpace China as the fastest growing economy in the world. Christine Lagarde further pressed on that this could happen within the year.

The director visited India last week and reported that India’s economy is expected to steadily grow at 7.5 percent in the fiscal year 2015-2016 which will begin in April. This figure is up by .3 percent from the current year.
If India hits the expected growth, this will make the country the fastest growing economy in the world surpassing China.

The International Monetary Fund predicted last year that the economy of India would grow by 6.5 percent in 2016. The estimate was raised after a promising Indian gross domestic product. On another note, despite the fast growth in India’s economy, the country’s raw economic power does not come close to that of China’s. The economic output of China last year was reported to be at around $10 trillion while India had roughly $2 trillion. This was according to the data gathered by IMF.

Despite this, Largarde still described India as the “bright spot” when it comes to global economic growth. The conditions in India are perfect to reap the benefits of demographic dividend making it a key factor for global growth.

India’s policy reforms

India’s economic improvement can be attributed to the reforms in policies and improved confidence in the business sector. These provided a boost for the growth of the economy. The current government led by Prime Minister Narendra Modi made India’s economic growth at the top priority for India.

The latest budget reforms revealed the new government’s plan to decrease taxes among business establishments and increase spending on building infrastructures.

The director of IMF said that looking into the future, the economy of India would have doubled its size in 2009. The output of India is also predicted to exceed the outputs of Russia, Indonesia and Brazil put together.
India should be thankful to its young and growing population. The total population of India is estimated to be around 1.25 billion and more than half of the number is of the age 25 and below.

Auto Makers In Canada And The Issues Over The Rising Costs Of Electricity

Auto makers in Canada are concerned over the rising costs of electricity. A study made by Automotive Policy Research Centre at McMaster University in Hamilton revealed that the price of electricity in Ontario is higher than the 10 largest auto-producing states in the US. However, high cost of electricity has not yet put Toronto at a competitive disadvantage when bidding for new car company investments.

Electricity rates in Ontario increased by 26% between 2010 and 2015. This is almost double than the worst performing auto making jurisdiction like Indiana. If measured against the percentage of vehicle production in US dollars, electricity rates fell in Ontario during the period stated. However, the decline was not as steep as the top auto-producing states.

Meanwhile, as rates in Ontario grow higher, the cost of electricity is only 6% more for every car that has been assembled in the province compared to Michigan with the next highest costs of electricity. According to the research, even if the rates are considered as one of the factors for the deteriorating competiveness of the manufacturing industry in Ontario, the size of the gap is not yet alarming to warrant characterizations; certainly not in the context of a $30,000 car.

On the other hand, although Canadian plants compete with the plants in the United States for mandates, the assessment is based on US dollars. Plants located in Canada pay their electric bills in Canadian dollars. In the new pricing scheme, Industry Conservation Initiative, large users of power can reduce their electricity costs if they operate when the demand for power is low.

Although the conservation scheme has its advantages, it does not apply to Canada auto makers that have 3-working shifts daily. It is not possible to schedule shifts based on electric demand because the auto makers have a more intricate operation process.

A wide range of electrical services can be provided by the electrician in Perth from routine maintenance, security lighting, new electrical installations, energy-saving upgrades and virtually all electric-related tasks. Every customer’s circumstances are considered and treated with unique attention in order to achieve a successful and safe result.

Military Preparing For Pattaya Fleet Show

The International Navy Fleet Show that showcases the military vessels of the Southeast Asian countries close to Thailand is going to be held by November 13 to November 22, 2017 at the Bali Hai Pier.

The plans for the Pattaya Fleet Show

Chanapong Sriviset, the Acting Mayor, declared their plans for the Fleet Show with Real Admiral Yongyuth Promphomraj, who is the assistant chief of staff to the commander in chief of the Royal Thai Navy, during the November 25 meeting conducted at the City Hall.

The navy is planning to invite around 55 overseas navies to bring warships to Sattahip and Pattaya Bay, including members of the Association of Southeast Asian Nations and the countries in the world.

The show is going to be the venue for the first ASEAN Multilateral Naval Exercise (AMNEX) and the 11th ASEAN Navy Chief’s Meeting.

The event is going to also offer naval exhibitions, full fleet reviews and academic seminars. For the tourists, there are going to be parades, ship tours and practice drills to see.

Yongyuth mentioned that this event is going to support the efforts of the Thailand government to strengthen society and culture, economics, and politics and stability, which are the ASEAN Economic Community’s three pillars.

A military wish list

The show has long been in the military’s wish list, but it never really appealed any elected official of the government.

This idea was presented to the former City Council in January but no funding was proposed. The navy presented the idea again after June.

Even Chanapong had reservations last September because he said Bali Hai can’t accommodate such event. The acting mayor was also hesitant about a new building to be built at the pier. However, it seemed that the military got its way with it, with the plans talked about during the November 22 meeting.

Summing up

This fleet show event is definitely going to increase the demand for a house for rent in Pattaya or a condo or hotel room for temporary accommodations. This is great news for businesses in the area to boost their sales and growth for the upcoming months.

Weight Restrictions For Cabin Crew Of Air India

At least 57 cabin crew members of Air India have been grounded because they are overweight. Most of the cabin crew who were temporarily assigned to ground jobs was air hostesses. Air India has warned the overweight cabin crew that if they do not get in shape quickly, they will permanently be assigned to ground jobs.

How did Air India determine overweight cabin crew members? The cabin crew must have weight that is higher than the permitted body mass index (BMI) which is based on the weight and height of an individual. The crew members were not only required to lose weight; they have to a deadline to accomplish weight loss requirement. Failure to lose weight means assignment to ground job without the flying allowance of Rs 35,000 to Rs 50,000 per month.

Overweight crew members can be temporarily declared as unfit for 6 months. If they fail to meet the BMI requirements within 18 months, they can be considered as permanently unfit. Two years ago, the Directorate General of Civil Aviation (DGCA) has introduced the strict requirements of weight, vision and hearing for cabin crew.

Based on the DGCA requirements for cabin crew, ideal BMI for male cabin crew is 18 to 25 while for the female crew, it must be 18 to 22. Male crew with BMI of 25 to 29.9 and female crew with BMI of 22 to 27 are considered as overweight. If the male crew has BMI of 30 and the female crew has BMI of 27, they are declared as obese. According to an Air India officer, most of the cabin crew who are on flying duties has BMI of more than 30.

A cabin crew who is found to exceed the required BMI will be examined and given three months to reduce weight to acceptable levels so that they can be declared fit for flying duties.

It can be difficult for an overweight individual to lose weight but with HCG weight loss drops, the stored fat in the body is burned into energy. The benefits of HCG Drops are maximized if taken with a healthy low calorie diet. Excessive exercise is not necessary to get lean.

What To Look For In Truckload Services

There are some industries that require truckload services. Some of these industries include food, freight or shipping, pharmaceuticals and moving industries, among others. If your business is inclined to hire trucks to meet your business demands, it is essential that you look for a company where you can get high quality service for business advantage. Here are some of the qualities in a trucking company that you should look for:

On-time service

Time is precious in service-oriented industries. A few minutes late could cost you valuable customers and time lost in business means potential profits lost. This is why you should hire a truck service company that recognizes how valuable time is for you and your customers. Read discussion boards to get customer feedback and find out how efficient your target company is when it comes to service delivery. You may also want to call the company’s frequent customers to get more information. If you see any indication that the company is delayed with their service delivery, look for another service provider.

State-of-the-art equipment

When you hire truckload services, you are putting a part of your business in the hands of the truck company. Make sure that your parcels or products are in good hands by checking the trucks and their equipment. As much as possible, choose a company that utilizes highly serviceable trucks without signs of accidents such as dents or breakage on the vehicle. Find out if the trucks that you are going to rent are regularly checked by qualified mechanics and if they have qualified drivers to perform the tasks for you.

Efficient and modern service delivery

One thing that will make the service delivery efficient is the use of modern communication and high-tech equipment. Before you hire truckload services, find out how they do their tracking system and how they communicate with their drivers on field to ensure smooth service delivery. One of the latest devices for monitoring is the use of satellite tracking and internet load tracking. The use of internet to prove delivery is also a modern trend in the industry.

Decrease In Tourists Due To Elimination Of Cheap Tour Packages

Hotel bookings for Chinese tourists who are planning to visit Thailand for the upcoming Lunar New Year have decreased because of the new measure taken by the country to eliminate cheap tour packages. This has impacted the number of arrivals because Chinese tourists are the major source of holiday goers in the nation.

Thailand places a very important value to their tourism industry because it has helped the country amidst its slow economic growth among other countries in the Southeast Asia. From the year 2012 until 2016, the number of Chinese tourists that are coming to the country has comprised almost one third of the total tourists coming to Thailand as well as covering a third of the tourism revenue.

The government started a measure wherein they are preventing package tours known as zero-dollar. This started last year in September and it has affected the momentum of tourism in the country. There is very little sign that Thailand is recovering from the crackdown despite the fact that Lunar New Year is coming up and will be celebrated from the 28th of January until the 2nd of February.

According to a tour company, D Land Holiday Co. Ltd which specializes in Chinese tourists, they have only received 300 bookings so far for this year’s Lunar New Year compared to last year where they were able to accommodate 800 bookings. Reungdet Amorndetphakdee, the owner of the tour company, said that it is because of the crackdown.

Hotel groups such as Central Plaza Hotel Pcl also said that they have received less booking. The cruise ship company, Tristar Floating Restaurant Co. Ltd., shared that they have six cruise ships operating mainly for Chinese visitors but this year there will only be one in operation.

The tourism authority of the country is expecting a decline in the number of tourists for this year’s Lunar New Year by about 7.7 per cent while there will be an increase of 3.9 per cent in the number of tourists from other nationalities. They are also expecting the number of Chinese tourists to bounce back anytime this year. Chinese tourists who will not be in Thailand this coming holiday might be visiting the United States for South America Tours.

The Army Looking For Electricians And Mechanics

It has been a practice by the Army for decades to pay for tuition assistance of soldiers who are eager to get their own degrees. Leadership is now looking for a way to make the program available to civilian credential as well as certification training of soldiers who want to learn skills that may be within or beyond their specialties.

There was a survey conducted in November of last year wherein there were 100,000 soldiers who participated. They were asked if they are interested in getting civilian credentials. Another question is that if they are willing to avail of this option instead of tuition assistance.

According to Dan Dailey, a Sergeant Major of the Army, they got overwhelming positive responses. Joe Parson who is the credentialing officer at the Army said that three weeks after the survey was sent out, over 3,000 soldiers answered back.

Participants were given until January 23 to answer the survey sent to them.

The survey is just a preliminary measure taken by the Army in order to initiate the credentialing assistance program that it has been planning for a while. This is a way for the Army to save money that is supposed to go to college tuition while investing on soldiers who are in the service. The program will eventually help them save money because soldiers that have professional civilian credentials to show for are more attractive to employers. This is a way to prevent them from availing unemployment checks once they have been away from service.

Officials also expressed that the move will be able to correct the oversight made when they made the training soldiers in the army take job skills that do not provide certifications which is necessary for them to get a civilian job someday.

Parson shared that there was not much assurance for them when they go back to the marketplace because the Army failed in translating the skills and experience they have gained during their service. This is why the program is being developed in order for soldiers to receive credentials despite the specialty they are in during their military service. It will not be surprising to know someday that a military person turned out to be an Electrician in Hemmant after offering their service to the country.