Professional Documents
Culture Documents
CMA Eupdate - Jan 2011
CMA Eupdate - Jan 2011
CMA Eupdate - Jan 2011
Build
Skills
Development
Learn Excel
2010-11
President
Dr. Gulshan Sharma
Executive Director
ITFT Education Group, Chandigarh
Vice President
Dr. Niraj Pasricha
Director
Regional Institute of Co-operative Mgt.
CMA
CHANDIGARH MANAGEMENT ASSOCIATION
C/o Bhartiya Vidya Bhawan
Plot No. 5, Sector 27-B, Madhya Marg
Chandigarh-160019, INDIA
Tel .: 0172-2656031, Fax : 0172-2639548
Website : www.cma.net.in
email : cmachandigarh@yahoo.com
Affiliated to
EFFORTS ARE TO COVER 2000 VILLAGES UNDER BANKING FACILITIES BY 2012, SAID
SH JASBIR SINGH, REGIONAL DIRECTOR, RBI
Sh Jasbir Singh, Regional Director, RBI Chandigarh addressing the audience A view of the select audience attending the session
Chandigarh Management Association (CMA) organised a seminar on “Overview the relationship between banks and customers; focusing on financial inclusion.
of RBI-prospective in focus at Bhartiya Vidhya Bhavan, Chandigarh Shri Jasbir But still there are about 145 million people, mostly living in the rural areas, who
Singh, Regional Director of RBI, Chandigarh said that the main function of the do not have any access to banking system. Now efforts are to cover 2000 villages
RBI is to regulate the issue of Bank Notes and keeping of reserves with a view to under banking facilities by 2012.
securing monetary stability and generally to operate the currency and credit While talking on inflation, he said the black money finding it way through the
system of the country to its advantage. system results in an increase in the price of goods. However, present increase in
Shri Jasbir Singh while outlining the functions of RBI said that it enunciates the the prices of basic food items such as onion, pulses are the issues of governance
Monetary Policy other than management of foreign exchange reserves. He said for matching the supply with the demand.
that RBI has financial institution developmental role also. Shri Jasbir Singh said that in order to control the rising inflation, RBI in its
The Reserve Bank designs and implements the regulatory policy framework for quarterly monetary policy declared on January 25 raised Repo rate , the one at
banking and non-banking financial institutions with the aim of providing people which RBI lends to banks will now be 6.50%, reverse repo, the rate banks receive
access to the banking system, protecting depositors' interest, and maintaining for depositing funds RBI will be at 5.50%. Cash reserve ratio, the amount of
the overall health of the financial system. deposits that banks have to keep aside with the central bank, was left
Shri Jasbir Singh said that the rapid pace of growth achieved by the financial unchanged at 6%. He said that The Reserve Bank projected GDP growth at 8.5%.
system in the deregulated regime necessitated a deepening and widening of Dr. P.K.Vasudeva, past president CMA concluded the session and thanked Sh
access to banking services. Jasbir Singh for sharing his views and enlightening the audience regarding
The new millennium has seen the Reserve Bank play an active role in balancing various aspects of RBI
Sh Jasbir Singh, RBI Director-Chandigarh receiving memento from Dr. P.K.Vasudeva and Prof. Bhagat Ram receiving
Dr. P.K.vasudeva, Past president CMA RBI Regional Director, Sh Jasbir Singh at the Entrance
Chandigarh Management Association (CMA) organised an interactive session on Chandigarh Management Association (CMA) today organized an interactive talk
''Patents and IPR-An Overview” at Bharatiya Vidhya Bhavan. Dr. Neelima Jerath, on “Emerging Trends in Skills Development, Focus: Foreign Students in
Executive Director of Punjab State Council of Science and Technology was the Australia". The talk was delivered by Dr. Robert Ibakaran, renowned Academician
main speaker. from the Canberra University, Australia
Speaking on the occasion, Dr. Robert said that it is unfortunate that students
While speaking on the occasion, Dr. Neelima said that everyone, who matters in from India come to Australia more for settling or doing business there rather than
scientific circles, is aware of intellectual property rights (IPR) and the importance acquiring skills. He said that there is nothing wrong with the youth of India except
of shielding scientific discoveries, with commercial possibility, in a network of for the mind-set that they can get better lifestyle abroad. He said in India
patents. engineers and doctors are now getting better salaries and perks.
She expounded on the technicalities of patent protection, the significance of What is lacking in the Indian educational systems is that Indian institutions have
not grown to imbibe the emerging global environment to make then
appraisal of intellectual property and the need to ensure that 'inventors' get the
employable. The need is to change the curriculum and the methodology to
benefit of its commercial success. impart education.
Dr. Neelima Jerath said that a patent is an exclusive right granted for an invention, Talking about the racialism in Australia, Prof. Robert said even though some
which is a product or a process that provides a new way of doing something, or violence has occurred in the past but affected persons still want to live in
offers a new technical solution to a problem. Australia because of better life and amenities available there. He said many
aspirants opting for studies in Australia have dropped down compared to
Dr. Jerath said that Patent protection means that the invention cannot be previous years as per latest statistics, but for the reasons other than violence.
commercially made, used, distributed or sold without the patent owner's Dr. P.K.Vasudeva, past president CMA while concluding the session said that the
consent. She elaborated this by citing many case studies. She said that the emerging trends are for imparting non-traditional avenues of skills development,
protection is granted for a limited period, generally 20 years. such as skills for project management, entrepreneurship, and facilities
Other who spoke on the occasion were Dr. PK Vasudeva, past president of CMA management, besides social and organizational skills. Brig. Benerji proposed
and Er. M.L.Garg, Executive Member of CMA. vote of thanks.
Above the text: Dr. Neelima Jerath speaking. Below the text; Major (Dr.) Gulshan Sharma, welcoming Prof. Robert Ibakaran
A View of the select audience attending the talk of Dr. Neelima Jerath through Video Conferencing
Special Issue January 2011
Chandigarh Management Association (CMA) was awarded for its services to the
Sh. Pawan Kumar Bansal, Hon'ble Union Minister for Parliamentary Affairs and
management community in the Tricity on Punjabi Parvasi Diwas held in
Water Resources relesased the book titled as “e-Book For Young Advocates” Mountview on 8th January. Mr. J.N.Vohra, Secretary General, CMA receiving the
authored by Sh. Ashwinie Kumar Bansal, Advocate and Dr. Deepak Jindal, Deputy award of honour from Sh Manoranjan Kalia, Hon'ble Minister of Industries,
Advocate General, Haryana. Govt. of Punjab.
Dr. Deepak Jindal is the members of Chandigarh Management Association.
The release ceremony took place at Press Club, Chandigarh on Tuesday the 28th Congratulations to
December, 2010. The book has been intended to be a guiding star for the lawyers
Dr. Monika Aggarwal
especially the new ones who have just entered into legal arena.
for obtaining doctorate in
The questions frequently asked about Indian laws and practice & procedure in the
“GATS AND ITS IMPLICATIONS
Courts by various sections of the users, advocates, litigants and common citizens
ON INDIAN BANKING SECTOR”
have been answered in this book. Effort has been made to discuss the aspects
Dr. Monika is Associate Professor,
relating to practice and procedure in Courts, tribunals and other adjudication
Govt. College Panchkula
authorities. An endeavor has been made to present the subject-matter in a lucid,
precise, orderely manner to make it more useful.
Dr. Monika is member of CMA