From the Sec­re­tary Gen­eral's Desk…

FICCI Business Digest - - Contents - A. Di­dar Singh

The FICCI con­fer­ence on 'Lo­ca­tion Based Ser­vices (LBS) - 2016: Trans­form­ing Co­or­di­nates to Busi­ness' early this month dis­cussed the much talked about draft of ‘The Geospa­tial In­for­ma­tion Reg­u­la­tory Bill, 2016’, which in­tends to reg­u­late the ac­qui­si­tion, dis­sem­i­na­tion, pub­li­ca­tion and dis­tri­bu­tion of geospa­tial in­for­ma­tion of In­dia in or­der to en­sure se­cu­rity, sovereignty and in­tegrity of the coun­try. P. Bhat­tacharya, Chair­man, Par­lia­men­tary Stand­ing Com­mit­tee on Home Af­fairs, was forth­right in ex­press­ing con­cern over the ab­sence of a clear de­mar­ca­tion of In­dia's na­tional bound­aries with neigh­bour­ing coun­tries which was giv­ing rise to wil­ful and in­ad­ver­tent cross-bor­der move­ment of peo­ple and lead­ing to il­le­gal trade in nar­cotics and other ne­far­i­ous ac­tiv­i­ties. He said that in­ac­cu­rate de­pic­tion of maps was not ac­cept­able and the coun­try's se­cu­rity and in­tegrity cannot be com­pro­mised. We bring to you a re­port on the con­fer­ence.

FICCI and the In­dian Navy or­gan­ised an in­ter­na­tional sem­i­nar on 'Make in In­dia' Par­a­digm – Roadmap for a Fu­ture Ready Naval Force in New Delhi on April 18-19, 2016. The sem­i­nar spot­lighted the emerg­ing and fu­tur­is­tic tech­nolo­gies which even­tu­ally will shape up the world's navies. It ap­prised the stake­hold­ers on the de­vel­op­ment of fu­tur­is­tic tech­nolo­gies around the globe and sought to fa­mil­iarise In­dian in­dus­try with the re­quire­ments of In­dian Navy in or­der to align in­dus­trial pre­pared­ness and gear it­self up for meet­ing the fu­tur­is­tic re­quire­ments of In­dian Navy. See re­port in the pages that fol­low.

We also carry an ar­ti­cle by Vikram Misri, In­dia's Am­bas­sador to Spain and In­dia-Spain re­la­tions. Misri points out that the ar­eas that the In­dian Gov­ern­ment has out­lined as its na­tional pri­or­i­ties are pre­cisely those where Span­ish com­pa­nies can boast of world class ex­per­tise.

Of the var­i­ous forms of tourism, Meet­ings In­cen­tives, Con­fer­ences Ex­hi­bi­tion (MICE) is the one which has shown the highest growth po­ten­tial across the globe. Ever since the in­cep­tion of the con­cept in Europe and Amer­ica al­most a cen­tury ago, the MICE in­dus­try has grown from strength to strength and has con­trib­uted sig­nif­i­cantly in de­vel­op­ing a des­ti­na­tion and its econ­omy. Glob­ally, the MICE seg­ment, with a 54% mar­ket share, has over­taken the tra­di­tional busi­ness trips seg­ment. MICE tourism is suit­able for ex­tend­ing the peak sea­son and the spending of a for­eign MICE tourist was gen­er­ally more than that of other seg­ments. We pub­lish a re­port on the first edi­tion of 'Global MICE Travel Mart' (GMTM) or­ga­nized by FICCI jointly with the Min­istry of Tourism, Gov­ern­ment of In­dia and In­dia Con­ven­tion and Pro­mo­tion Bureau.

A FICCI-Syn­ergy Tech­nofin Knowl­edge Pa­per re­leased at the In­dia Maize Sum­mit 2016 states that In­dia is tra­di­tion­ally a ma­jor ex­porter of maize to South­east Asia but the fall in its pro­duc­tion from record 24.26 mil­lion tonnes in 2013-14 to 21 mil­lion tonnes in 2015-16 has forced the coun­try to ban its ex­port and pre­pare to im­port corn for the first time in 16 years to help en­sure its avail­abil­ity in the do­mes­tic mar­ket. The pa­per sug­gests that to com­bat this sit­u­a­tion, em­pha­sis should be on in­creas­ing the yield per unit area and aug­ment­ing pro­duc­tiv­ity to help buffer pro­duc­tion against acreage fluc­tu­a­tions and va­garies of weather.

The Cham­ber also took sev­eral ini­tia­tives on the in­ter­na­tional front, some of which are fea­tured in this is­sue.

We look for­ward to your com­ments on the con­tents of this is­sue.

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