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2007 India-China year of Friendship through tourism

New Delhi, Mar 15 (UNI) India and China have agreed that the year 2007 be declared as the " India-China year of Friendship through Tourism", the Lok Sabha was informed today.

Minister for Tourism and Culture Ambika Soni in a written reply said this was as per the India-China tourism cooperation treaty reached on January 14, 2002.

She said as per the agreement, " India China Year of Friendship Through Tourism " an action plan has been finalised to undertake several tourism promotional activities.

She said the Memorandum of Understanding (MOU) between India and China already in existence provides for visa facilitation procedures to the potential tourism. in addition, Ministry of Home Affairs has decided to grant Long Term Tourists visa of a five year duration with multi entry facilities to the nationals of 18 countries.

The Minister said both foreign and Indian tourists visit diverse tourist attractions across the country.

She said as per the information available with the Government the number of Indian tourists travelling to China was growing rapidly since 2004 when 3,09,411 went to China and this figure went upto 4,05,091 by 2006. During the same period the number of Chinese travelling to India though witnessed a rise but was much smaller in number compared to their Indian counterparts. In 2004 the number of Chinese who travelled to India was recorded at 34,100 which went upto 47,009 by 2006, she added.

UNI

Bank of Maharashtra registers 26 pc growth

Ahmedabad, Mar 16 (UNI) The Bank of Maharashtra (BoM) today announced that it has recorded a 26.09 per cent business growth during 2006. Talking to reporters here, BoM chairman and managing director M D Mallya said as on December 31, 2006, the bank had achieved business of Rs 51,914 crore, comprising Rs 30,766 crore deposits and advances of Rs 21,148 crore. He attributed the 26.09 per cent growth to the bank's over ten million customers. Mr Mallya was in the.....

DB President predicts inflation in EU to be below 2 per cent in 2008

Mumbai, Mar 16 (UNI) Deutsche Bundesbank (DB) President Prof Axel Weber has predicted that the inflation in all the European Union (EU) countries will be under two per cent. Delivering a lecture on 'Eurosystem and its monetary policy strategy', hosted by the Reserve Bank of India (RBI) here today, Prof Weber said ''We see inflation at two per cent in 2008''. He cited decrease in energy prices globally as the prime reason behind his forecast. Among various measures suggested.....

MP Assy Speaker anguished over challenge to chair

Bhopal, Mar 16 (UNI) Madhya Pradesh Assembly Speaker Ishwardas Rohani today expressed anguish over a tendency of both ruling and opposition members to undermine the chair's directives and warned them to desist. ''It is highly objectionable to challenge the chair. Respect to the chair is expected from all members,'' Mr Rohani said while deprecating the tendency. The comment came during discussion on a call attention notice over allotment of government land to Yoga expert Baba Ramdev's Patanjali Yogpeeth Trust on the.....
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