Union Finance Minister Shri Pranab Mukherjee said that the growth in GDP at market prices at 9.7 per cent for 2010-11 reflects buoyancy in our tax collections. Shri Mukherjee was reacting to the Advance Estimates of National Income for 2010-11 released by the Central Statistical Organisation (CSO) here today. Shri Mukherjee further said that coupled with higher than anticipated nominal growth in GDP will also ensure that our performance on fiscal and revenue deficit targets for the year would be better than the projections in the Budget 2010-11. Gross Domestic Product (GDP) at factor cost is estimated to increase by 8.6 per cent in 2010-11 as per CSO advance estimates. The Finance Minister said that this is in line with the Finance Ministry projections for the year as a whole. 
Finance Minister Shri Pranab Mukherjee said that on the supply side, strong agriculture performance aided by growth in manufacturing and services has helped in restoring high overall growth in GDP for the fiscal year 2010-11. He said that construction activity is also showing improved growth momentum. 
On the demand side, the Finance Minister Shri Mukherjee said while private consumption is estimated to grow at 8.2 per cent in 2010-11 over the last year, the growth in investment is anticipated at close to 9 per cent. He said that the growth in government spending is estimated to moderate significantly to 2.6 per cent in 2010-11. The export growth is projected at 12 per cent and import growth at 6.3 per cent 2010-11, the Minister added. 
Finance Minister Shri Pranab Mukherjee said that the strong revival in private spending and improvement in investment growth is a welcome sign. However, the Finance Minister said that we still have some distance to go before regaining the investment growth witnessed in the pre-crisis period. 
3/18/2011 06:24:11 pm

Young Alexander Graham Bell grew up with his father’s passions. In 1870, because of poor health, he migrated to Canada. It was not long before his success in teaching the deal to speak brought him to the attention of a wealthy merchant in Boston who had a deaf daughter, Mabel. Would Mr. Bell please teach Mabel how to speak? Yes, he would. And did. And they fell in love. It was she who inspired him through an of the exhausting experiments. who pulled him through the clepressioljs that often irtflict those whose drive to succeed is so intense, while he developed the then remarkable instrument that transformed speech into electrical impulses that could then be converted back into human speech at the end of a wire. he had pierced yet another solitude, the one that up until then had denied human speech between people distant from one another. A year later, in 1877, he and Mabel were married. He later became an American citizen.

3/21/2011 12:47:30 pm

It is hard to imagine a world without the telephone. Our lives have grown to depend on computers linked into phone lines to do our shopping, our banking, or helping us through a typical day work.
When you walk into your office, the first thing you do is to turn on the computer and pull up your electronic mail for the day. Of course, your electronic mail does not come in through the mailbox, bit comes in through telephone lines. The nice thing is you can turn them around by simply forwarding back without having to worry about addressing or stamping or enveloping the information to the person that sent you the message.

3/23/2011 04:39:28 pm

So, when the government of France awarded him the Volta Prize for inventing the telephone, he combined this monetary award with the money hye made from selling the patent on another invention to establish the Volta Bureau in Washington, D. C. . Its purpose was to fund research on deafness. Today, it is called the Alexander Graham Bell Association. Its role has been changed to providing the latest information to the deaf of the world on how best to cope with their disability.

3/27/2011 01:07:08 pm

If you wish to succeed, you should use persistence as your good friend, experience as your reference, prudence as your brother and hope as your sentry.

3/28/2011 06:39:26 pm

At first, two iron wires connected each pair of telephones. Then switchboards brought phone wires into one location. Other inventions - the vacuum tube to amplify sound, and coaxial cables to link long distances on land and under the seas -- greatly expanded phone service. Transistors replaced the old vacuum tubes, and by the 1960s communications satellites eliminated the necessity of landlines. Today, bundles of glass fibers carry calls on laser beams of light.

8/8/2011 04:46:20 pm

Transistors replaced the old vacuum tubes, and by the 1960s communications satellites eliminated the necessity of landlines. Today, bundles of glass fibers carry calls on laser beams of light.


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