Trade policy review report by the secretariat



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n.a. Not applicable.

a No coverage requirement in rural areas.

b Since 1 October 2008, operators providing fixed telecom services in rural areas are exempt from the annual fee.

c Internet service providers with net worth of Rs 1 billion are allowed to provide internet protocol television service (at present, two providers).

d Lease/rent out/sell dark fibre, right of way, duct space, and tower to telecom service providers.

e Lease/rent out/sell end to end bandwidth, i.e. digital transmission capacity capable of carrying a message, to telecom service providers.

Note: The financial bank guarantee ensures the payment of charges/fees by the Government, e.g. spectrum charges and licensing fees. The performance bank guarantee ensures that providers meet their roll out obligations. The validity of all licences above are 20 years, renewable for 10 years.

Source: Department of Telecommunications online information. Viewed at: http://www.dot.gov.in/sites/default/files/amended%20%20UL%20guidelines.pdf, and information provided by the Indian authorities.



Table A4. 4 IMO Conventions and protocols ratified by India, 2014

IMO Conventions ratified by India

Name of convention

Convention on the International Maritime Organization (IMO Convention) 1948

International Convention for the Safety of Life at Sea (SOLAS Convention) 1974

International Convention of Load line (Load Lines Convention) 1966

International Convention on Tonnage Measurement of ships (Tonnage Convention) 1969

Convention of the International Regulations for Preventing Collisions at Sea (COLREG Convention) 1972

International Convention for Safe containers (CSC Convention) 1972

International Convention on Standards of Training Certification and Watch-keeping for seafarers (STCW Convention) 1978

International Convention on Maritime Search and Rescue (SAR Convention) 1979

Convention on the International Maritime Satellite Organization (IMSO Convention) 1976

Convention on Facilitation of International Maritime Traffic (Facilitation convention) 1965

International Convention Relating to Intervention on the High Seas in Cases of Oil Pollution Casualties (Intervention Convention) 1969

Convention on limitation of liability for Maritime Claims (LLMC Convention) 1976

Convention for suppression of Unlawful Acts against the Safety of Maritime Navigation (SUA Convention) 1988

International Convention on Salvage (Salvage Convention) 1989

International Convention on Oil Pollution Preparedness response and cooperation (OPRC Convention) 1990

Nairobi International Convention on the Removal of Wrecks (Nairobi Convention) 2007

International Convention for the Prevention of Pollution From Ships (MARPOL) 1973, 1978

Protocol to the International Convention on Civil Liability for Oil Pollution Damage (CLC Convention) 1969 (now denounced)

International Convention on the Establishment of an International Fund for Compensation for Oil Pollution Damage (Fund Convention) 1971

Protocols ratified by India

Name of the Protocol

Protocol of 1978 relating to the International Convention for Safety of Life at Sea of 1 November 1974 (SOLAS Protocol) 1978

Protocol of 1988 relating to the International Convention for Safety of Life at Sea (SOLAS Protocol) 1988

Protocol of 1988 Relating to the International Convention of Load Lines 1966 (Load Lines Protocol 1988)

Protocol on Space Requirements for Special Trade Passenger Ships (STP Protocol) 1973

MARPOL Protocol 1997 (Annex VI)

CLC Protocol 1976

CLC Protocol 1992

Fund Protocol 1976

Fund Protocol 1992

LLMC Protocol 1996

SUA Protocol 1988

Agreement ratified by India

Name of agreement

Special Trade Passenger Ships Agreement (STP) 1971

Operating agreement ratified by India

Name of operating agreement

Operating Agreement on the International Mobile Satellite Organization (IMMARSAT) 1976 (as amended)

Source: WTO Secretariat, based on information provided by the Indian authorities.

Table A4. 5 Air service agreements concluded by India, 2014

Name of trading partner

Date of signing of agreements

Afghanistan

26 January 1952

Algeria

26 June 2000

Armenia

5 December 2000

Australia

6 March 2006

Austria

26 October 1989

Azerbaijan

16 April 2012

Bahrain

5 April 2000

Bangladesh

5 May 1978

Barbadosa

1 July 2010

Belarus

28 September 1997

Belgium

6 April 1967

Bhutan

22 December 2009

Bosnia and Herzegovina

21 May 2010

Brazil

8 March 2011

Brunei

6 November 1995

Bulgaria

16 June 1992

Cambodia

9 April 2002

Canada

20 July 1982

Chile

21 April 2008

China

22 December 1988

Croatia

12 September 2000

Cyprus

18 December 2000

Czech Republic

16 October 1997

Denmark

19 December 1995

Djibouti

19 May 2003

Egypt

9 April 1997

Ethiopia

3 August 1967

Fiji

28 January 1974

Finland

18 July 1995

France

16 July 1947

Georgia

4 November 1997

Germany

31 May 1963

Ghana

25 January 1978

Hong Kong, China

10 October 1996

Hungary

23 February 1966

Iceland

14 January 2010

Indonesia

25 January 2011

Iran

9 July 2010

Iraq

27 July 1955

Ireland

20 February 1991

Israel

4 April 1994

Italy

16 July 1959

Japan

26 November 1955

Jordan

16 October 1989

Kazakhstan

10 September 1993

Kenyaa

30 September 2009

Kuwait

4 January 1989

Kyrgyzstan

8 September 1993

Latvia

20 October 1997

Lebanon

19 September 1964

Lesotho

16 September 1992

Lithuania

20 February 2001

Luxembourg

8 January 2001

Macao, China

11 February 1998

Madagascar

6 October 2010

Malaysia

22 May 1974

Maldives

24 December 2008

Malta

5 October 1998

Mauritius

28 January 1972

Mongolia

30 November 1998

Mexico

17 April 2008

Moroccoa

11 December 1996

Myanmar

28 May 2012

Nepal

16 February 2010

Netherlands

24 May 1951

New Zealand

26 August 1997

Nigeria

31 January 1978

Norway

19 December 1995

Oman

31 May 1995

Pakistan

16 July 1976

Philippines

20 October 1949

Poland

25 January 1977

Portugal

6 February 1997

Qatar

14 April 2005

Rwandaa

1 July 2010

Republic of Korea

16 March 1992

Russian Federation

21 December 1998

Romania

4 December 1993

Saudi Arabia

26 April 1973

Senegala

2 July 2010

Seychelles

30 October 1978

Singapore

23 January 1968

Slovakia

9 October 1996

Slovenia

16 February 2004

South Africa

4 June 2010

Spain

10 April 1987

Sri Lanka

21 December 1948

Sweden

19 December 1995

Switzerland

2 May 2001

Chinese Taipei

..

Tajikistan

10 May 2001

Tanzania

29 September 1982

Thailand

19 December 1969

Trinidad and Tobago

6 January 2012

Tunisia

8 February 2007

Turkey

10 April 1986

Turkmenistan

14 September 1993

United Arab Emirates

7 January 2014

United Kingdom

8 September 2005

Uganda

5 October 1997

Ukraine

7 July 1995

United States

14 April 2005

Uzbekistan

24 May 1993

Viet Nam

November 2013

Yemen

20 July 1999

Yugoslaviaa

31 January 2001

Zambia

15 November 1993

Zimbabwe

19 June 2014

.. Not available.

a Initialled.



Source: WTO Secretariat, based on information provided by the Indian authorities.

__________


1 India's fiscal year runs from April to March.

2 Main changes in the new series of national accounts included: (i) change of the base year from 2004 05 to 2011-12; (ii) measuring economic growth in terms of GDP at constant market prices, instead of GDP at factor cost; and (ii) improving the coverage of information, inter alia, on corporate entities in manufacturing and services sectors.

3 The authorities have indicated that this is due to the relatively large segment of non-organized (not formally employed) workers, and that only figures for organized employment are available. In the absence of annual statistics on employment, the authorities make use of indicators including: quick quarterly survey on employment – unemployment by the Labour Bureau, which has been conducted in selected sectors; Industrial Outlook Survey of the RBI, which has been conducted on a quarterly basis since 1998, and gives performance indicators concerning employment in public and private limited companies engaged in manufacturing. Other employment-related indicators include: monthly Naukri Job Index (NJI); Monster Employment Index (MEI); and HSBC Purchasing Managers Index (PMI).

4 Data provided by the Indian authorities.

5 Budget Speech 2014-15.

6 The Cabinet Committee on Investment (CCI) was established in 2012; in 2013, it approved previously stalled projects amounting to about 5% of GDP (IMF, 2014).

7 According to some studies, substantial leakages in food subsidies, including widespread diversion to the black market, have been estimated (OECD, 2014). The Government announced the establishment of the Expenditure Management Commission in Budget 2014-15 with a view to reviewing expenditure and suggesting reforms.

8 The Government aims to raise the share of manufacturing in GDP to 25%.

9 The Government is considering revisions to the current Land Acquisition Act in order to avoid delay in the implementation of infrastructure projects.

10 Ministry of Finance (2014) and OECD (2014).

11 Planning Commission online information. Viewed at: http://planningcommission.nic.in/data/datatable/data_2312/DatabookDec2014%20176.pdf.

12 Planning Commission online information. Viewed at: http://planningcommission.nic.in/data/datatable/data_2312/DatabookDec2014%20224.pdf.

13 Planning Commission online information. Viewed at: http://planningcommission.nic.in/data/datatable/data_2312/DatabookDec2014%20101.pdf.

14 The authorities estimate that the ratio will decline to 46.1% in 2015-16.

15 Ministry of Finance (2014).

16 IMF (2014).

17 The Direct Benefit Transfer (DBT) scheme was introduced in 2013, supported by the Aadhaar numbers and Aadhaar-linked bank accounts (OECD 2014). Aadhaar numbers have been granted to 757 million citizens as at January 2015.

18 Ministry of Finance (2014).

19 Budget Speech 2014-15 and Ministry of Finance (2014).

20 Ministry of Finance (2014).

21 The Government's continued intention is to introduce a GST and to consolidate the Income Tax Act 1961 and the Wealth Tax Act 1957 in a Direct Tax Code.

22 Ministry of Finance online information. Viewed at: http://finmin.nic.in/reports/MPFAgreement28022015.pdf.

23 Since 3 May 2011, the RBI has been using the repo rate (RBI's lending rate to commercial banks) as the only independently varying policy rate. The RBI implements monetary policy through the use of several direct and indirect instruments. The main direct instruments used to conduct monetary policy include the cash reserve ratio (CRR), the statutory liquidity ratio (SLR), and refinance facilities. The RBI uses the liquidity adjustment facility (LAF), as its main indirect instrument which enables it to adjust short term liquidity through repo and reverse repo auctions. The RBI also makes use of open market operations.

24 The export credit refinance was reduced in phases. It was 50% of eligible export credit outstanding as at 2 June 2014.

25 IMF (2014).

26 Reserve Bank of India online information. Viewed at: http://rbi.org.in/Scripts/PublicationReportDetails.aspx?ID=743.

27 The RBI had traditionally been using the WPI as the key inflation measure.

28 RBI, Second Bi-Monthly Monetary Policy Statement 2014-15.

29 The investment limit in government securities by registered foreign portfolio investors (FPIs) is capped at US$30 billion, of which US$5 billion is reserved for long-term investors.

30 OECD (2014).

1 The Union Territories are administered by the central Government.

2 There is also a Vice President who is elected for five years by an electoral college of both houses of Parliament and the state assemblies; the Vice President is the


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