FTA with Thailand yet to be signed

New Delhi, Aug 3 | Updated: Aug 4 2005, 05:41am hrs
The government on Wednesday said in the Rajya Sabha that adverse effects of reduction of import duty on domestic employment opportunities were being monitored. Replying to supplementaries, commerce and industry minister Kamal Nath said even if something was conceded through reduction of import duty on some selected items, India stood to gain considerably by opening of other markets. He clarified that India had not yet signed any FTA with Thailand though both the countries had signed a framework pact for establishing an FTA.

Retail market size

The size of domestic retail market has been estimated at Rs 7,40,000 crore in 2002 as per a study commissioned by the department of consumer affairs, the Upper House was informed on Wednesday. The study was conducted by Indian Council for Research on International Relations (Icrier), Mr Nath said.

Power projects

Power projects worth 31,476 mw and 6926 mw are under execution by the public and private sectors, power minister PM Sayeed said. While capital expenditure in these ongoing public sector power projects is estimated at Rs 1,63,764 crore, private sector power projects are estimated to cost Rs 26,891 crore, he said.

Nanavati report

The government will table the report of Nanavati Commission, which probed the 1984 anti-sikh riots in Delhi, in Parliament during the ongoing monsoon session after clearance by the Cabinet, home minister Shivraj Patil said.

Assurance on IMDT

The government will implement in letter and spirit the Supreme Court order to scrap the Illegal Migrants (Determination by Tribunals) Act, Mr Patil assured the House.

I have no hesitation in saying that the apex court directive will be implemented in letter and spirit. We will like to implement the SC judgement in full spirit, he said.

NTC mills to be revived

The government has assured the House that all efforts would be made to open sick NTC mills and said a provision of Rs 483 crore has been made for this purpose. Textile minister Shankarsinh Vaghela said workers of the mills were being provided salaries and they were free to join the mills that would be revived.

PTI