Neighbourhood Weekly Newspaper

Postal Registration No.TN/CC(S) Dn/28/12-14

VALASAI TIMES
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Date of Publication : Every Saturday

Covering Porur, Valasaravakkam, V irugambakkam, Saligramam & Vadapalani areas

Vol : 8 - No : 39

March 09 - 15, 2013

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Editorial & Advt.

Cell: 98405 73043, 90030 39483

Re.1/-

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Valasai Times

Classified Advertisement 1col x cm Rs.75/For bookings call: 98405 73043. Advertisements will be collected at your doorsteps.

ASTROLOGY

WANTED MUSIC TEACHER

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To place advt in

VALASAI TIMES
Place your classified ads free (online only) by visiting
www.valasaitimes.in/classifieds.
Valasai Times. March 09- 15, 2013

Call : 2486 6663,

98405 73043, 90030 39483

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Valasai Times

SHREE NIKETHAN

Budget 2013-14 - A step in the right direction

sans populism - a snapshot
The Union Budget for 2013-14,
presented by Finance Minister,
P.Chidambaram, is a pragmatic one, a
bold initiative with the responsibility,
spurring for growth in the economy
for achieving sustainable development
in all spheres. Eventhough this budget
will be the last one of the UPA
government facing the elections in a
year away, that too, when the economy
is confronted with multi macroeconomic instability and slipping
growth. He has all the more courage
and conviction, resisted and dismissed
the pressure of populism with a
number of freebies. He is very
optimistic and squarely balanced the
competing claims of politics and
economics. His relentless efforts to
address the sagging fiscal deficit and
current account deficit is anoteworthy
which have been widely welcomed by
economic pundits. He has delivered
on his promise of fiscal prudence by
restricting the fiscal deficit to 5.2% of
GDP this year and 4.8% in the

succeeding year. He has provided for

a 29% rise in plan expenditure more
than the revised estimate for the
current year. He hopes to raise tax
revenues by 19%, is a very optimistic
estimate. By this, he will get additional
revenues by accelerating a GDP
growth from 5% in current year to
around 6.5% next year. This will be
achieved through wasteful expenditure
cuts.
The Budget lays emphasis on
certain welfare programmes targeting
the youth, focusing on vocational
training, scheduled castes, scheduled
tribes, minorities as well as women
and children. His allocation to the
AGRICULTURAL SECTOR has
been stepped up by nearly 22% ,
setting up a target of Rs.7 lakh crore
of agricultural credit slightly higher
than the target of Rs.5.7 lakh crore
during the current year, is a welcome
step for achieving sustainable
development in agriculture. The
initiative for provision of foodgrain
storage godowns is allowed at the
Panchayat levels is welcome. Rs.500
crore is alloted for crop diversification
programmes which signals the decisive
shift in high value agriculture. He has
earmarked Rs.10,000 crore for
implementing the provisions of the
proposed National Food Security Bill
over and above the normal provision
of FOOD SECURITY. The provision
for overall subsidies are 10% lower
than the revised estimate for the
current year that may provide comfort
towards fiscal consolidation.
INFRA-STRUCTURAL
DEVELOPMENT - He has permitted
to raise tax-free bonds to a total sum

of Rs.50,000 crore. He has

allocated deduction of an
investment allowance of 15% of
investment for a company investing
Rs.100 crore or more in plant and
machinery during the next two
years in addition to a depreciation
at current levels is a bold initiative
to revive MANUFACTURING
sector from doldrums.
HOME LOAN SEGMENT His move to provide Home loan
borrowers with an additional 1 lakh
rupees deduction from interest in
addition to Rs.1.5 lakh for a first
time home beneficiary, the limit for
home loan sanction is Rs.25 lakhs
and the property cost is Rs.40
lakhs, is very reasonable for middle
income group which caters to the
Affordable Housing Segment. The
luxury homes will cost more. The
other positive measure to boost
housing include the increase in the
Rural Housing Fund to the tune of
Rs.6000 crore and the introduction
of the Urban Housing
Fund of Rs.2000 crore.
This
will
pave
assistance in Housing
Finance companies.
TDS 1% on transfer of
immovable property
valued over Rs.50 lakhs
is announced.
R
O
A
D
DEVELOPMENT Another promising
announcement includes
the commitment to
award 3000 kilometers
road project during the
current year, setting up
for the first time, a Regulatory
Authority for the road sectors.
Chennai - Bangalore corridor blue
print will be finalised within a year
with assistance of funds from
Japanese
government
in
colloboration with 3 state
governments.
PUBLIC TRANSPORT :
This sector will get a boost of
10,000 new buses in cities to boost
city commuters services under
JNNURM. He has also reiterated
the
road
map
on
the
implementation of Gaar & GST.
HEALTH AND EDUCATIONAL
SECTOR have been enhanced by
about 21% and rural development
by 46%. ENERGY SECTOR :
He has extended the benefits under
the section 80 1A for power
projects by a year. There is a strong
focus on this sector regarding coal
imports, blending and pooling
pricing and enhancing coal
production through Public Private
Partnership (PPP) with a clear
definition on exploration. There is
an effort in the OIL AND GAS
SECTOR , given a renewed thrust
through measures such as shifting
project sharing to revenue sharing
measures. Rs.800 crore is alloted
for generation-based incentives for
wind energy deserves credit.
Amnesty for service providers
is announced who have failed to
pay service taxes for the first time.
Rs.150 crore is alloted in the budget
for the health care of the SENIOR
CITIZENS as a boost to geriatric
care across the country roughly for

- An Exotic Womens Wear Showroom

launched at Phoenix Mall, Velachery

S.GANAPATHY
Cell : 98401 50211
13.2 crore people is a small dosage
and very paltry sum.
Its a good move that luxury
vehicles like SUV car, super bikes
and yachts - the prices will go up
since the duty is hiked from 75% to
100%. Cell phone above Rs.2000
become costlier, since 6% excise duty
is levied. PERSONAL INCOME
TAX : Those whose income is
between Rs.2 lakhs and 5 lakhs, gets
relief through a tax credit of Rs.2060
benefitting about 1.8 crore people,
after keeping the tax rates of the 3
slabs unchanged.
Excise duty on cigarettes is hiked
by 18%.
INSURANCE - The proposal
to include allowing banks to get
insurance broking licences and
permitting insurers to open offices
in small towns having 10,000
population
without
IRDA
permission is a good move.
FOREIGN
DIRECT
INVESTMENTS - His clarity on
investments by Foreign Institutional
Investors (FII) and Foreign Direct
Investors (FDI) in attracting foreign
exchange is a welcome sign since it
will eradicate cumbersome court
cases posing legal hurdles, arbitration
etc.
Metals - The maximum
permissible limit for bringing gold
from trips abroad has been enhanced,
raising it to Rs.50,000 for men and 1
lakh for women passengers. It is
welcomed that there is no revision
since 1991. This will to some extent
reduce smuggling of gold.
Women Empowerment Stepping up allocation of Rs.8500
crore for women specific schemes
including all WOMEN BANK with
a capital of Rs.1000 crore and
Rs.1000 crore special fund called
NIRBHAYA FUND for safety and
security of women. The initiative
should be complemented.
Readymade garments - Prices of
readymade garments come down by
about 5% by zero excise duty for
cotton and manmade garments at the
yarn and fibre.
SMALL AND MEDIUM
ENTERPRISES - Micro, small and
medium enterprises will get greater
support through the refinancing
capability of Small Industries
Development Corporation has been
enhanced from existing Rs.5000 crore
to 10,000 crore per year.
DEVELOPMENT OF PORTS
- A sum of Rs.130000 crore is likely
to be pumped into development of
ports and airports- 77% for ports
and 33% for airways. Expansion of
Tuticorin V.O.Chidambaranar Port
will get a new outer harbour increasing
the trade volume at an estimated cost
of Rs. 75,000 crore under PPP. This
has to be welcomed.

- Cont... Page 7

Shree Nikethan, an exclusive womens shopping world and a

unit of Hyderabad-based Kalanikethan Wedding Mall, was launched
at the prime location of Velachery today (March 7, 2013). Film actress and popular danseuse Ms. Shobana made the grand opening
and was well-attended by the renowned personalities including Ms.
Swaroopa Ananth of GRT Jewellers family; Mr. Atul Ruia, Joint
Managing Director, Phoenix; Mr. A S Balaji, A S Babusha Group,
Kanjivaram and Ms. V Sarada, Director, Kalanikethan Textiles &
Jewels (P) Ltd., Hyderabad. Gorgeous and spread in a sprawling
7500 sq ft area, the showroom is located at the address S3 Level 2,
Phoenix Mall, Velachery, Chennai.
Shree Nikethan is a paradise of womens wear with collection of
fabulous varieties such as Gaghras, Salwars, Uppada Sarees, Bridal
Kanjivarams, Benaras, Paithanis, Patolas, Designer Sarees,
Handlooms, Anarkali Clothings, Western Outfits and more under
one-roof and suiting women of different age groups. The store is all
set to make a new statement in the fashion world of women in
Chennai and also houses fashion jewelries and childrens outfits. It
is open from 11 am to 9 pm (including Sundays). The garments are
priced in the range Rs. 595 to Rs. 4 lakh. For details, call: 6651
3599. Suitable for all moods and occasions like weddings, kitty parties, birthday celebrations, festivals and special moments of life, the
signature collection comprises finest and perfect combination of
fabrics in alluring colors. Attires in cotton, silk, kotta, chiffon,
georgette and crepe silks make up the range and are gift worthy.
Trendy day to day wears and dresses for office goers are there for
pick.
In celebration of International Womens Day and the showroom
inauguration, Shree Nikethan has announced a discount offer. Rs.
500 will be discounted on every purchase billing to Rs. 3000. The
offer is valid till 17th March 2013.
This is our first store in the vibrant Chennai market and 31st
store of our group. We are here to bring about a change and to make
a new statement with our offerings and customer-driven innovations, delighting our customers at all times. We have plans to set up
showrooms at Anna Nagar, T Nagar, Tambaram, and Adyar to cater
to larger part of Chennai, said Mr. V Leela Kumar, MD, Shree
Nikethan. Media Contact: K.P. Amarnath @ 98418 25081.

FREE TWO-DAY TRAINING ON

PRANAHUTI AIDED MEDITATION
A free two-day training programme on Pranahuti Aided Meditation
will be conducted by Institute of Sri Ramchandra Consciousness at
Valasaravakkam, Chennai. Course will be held on Saturday (16-March2013) and Sunday (17-March-2013) between 9:00AM 6:00PM. Venue:
No:42, Rajagopalan Street, Sridevi Karumariamman Nagar,
Valasaravakkam, Chennai 87.
The key topics scheduled to be covered in the training programme
include Way of Living, Meditation Practices, Concentration and Control
of Mind, Pranahuti and Stages of Spiritual Progress. The programme
includes 4 practical sessions of Meditation. The Institute will conduct
the programme in English at free of cost.
Only 15 people between the age group of 18 and 59 will be allowed to
participate. For registration please contact Ph: 42067603, 99400 90838.
www.sriramchandra.org

Valasai Times. March 09- 15, 2013

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Valasai Times

Valasai Times Business Directory 2013 Released

>>V xVD

For useful
informations to the
users, Valasai Times
is very much
pleased and proud
to release its 10th
year in succession

VALASAI
TIMES
BUSINESS
DIRECTORY
2013,
on 7th March 2013.

VSQUARE TRAINING ACADEMY

V SQUARE TRAINING ACADEMY ASSOCIATED WITH ULI FOUNDATION
A people based NGO is going to organize a free workshop for the underprivileged /
economically backward children in the age group of 13 to 17 years old for two days. This
course will be conducted on 16th and 17th of March 2013 for improving the fluency of spoken
language of these children. After successful completion, the students will be awarded
participation certificate.
The workshop will be held at VSQUARE TRAINING ACADEMY, 13 A, Alapakkam
Main Road, Valasaravakkam, Chennai 600 087. (Near Devi Academy school). The
interested candidates can register their names with Prof.B.Vijayalakshmi, Contact
Numbers : 9003113923/ 9003113927.

Valasai Times. March 09- 15, 2013

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Valasai Times

Combined Social programme

by Lions Clubs International

Valasai Times. March 09- 15, 2013

Lions Clubs International

District 324 A-6, Region XIV
conducted Combined Social
programme held on 24th
February 2013, Sunday at 9am at
Khanna Farms, ECR. Zone
Chairpersons Ln.R.Sanjeevi,
Ln.M.Subramanian welcomed
the gathering.
Ln.R.Murugesan, DCP PDG Honouring, V.Jayaraman,
DCP - Organising blood for
needy, R.Ponraj Ashok,District
Governor, Ln.D.Sridharan, IPDG
& Multiple Council Secretary,
P.Elangovan, First Vice District
Governor, G.R.Seethabathy,
District Cabinet Treasurer,
A.Marianathan, District Joint
Cabinet Secretary, S.Tamilselvan,
Region Chairperson, and lot of
other lion dignatories felicitated
the function. Lucky draw, games,
music chair and lot of
entertainments were conducted
and that made fun for the whole
day, followed by lunch.

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Valasai Times

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Valasai Times. March 09- 15, 2013

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Valasai Times

Beloved Papa swami Ramdas

answers to the devotees!
Q : Could you tell us a few
words about the name of God and
its power?
A : The power of the Name and
the power of God are one and the
same - because God and his Name
are one and the same just as Sun
and its light. One cannot exist
without the other. The taste of the
pudding lies in the eating as the
proverb goes. So, if you want to
know the power and greatness of
the Name, you should constantly
repeat it and see what effect it
produces in your mind, how it
purifies you thoroughly and how
it brings you in contact with the
divine within you. All these, get
only through experience. However
much Ramdas may extol the Name
before you, you will not
comprehend His greatness. Even
if Ramdas lectures you for days
together, many times, on the
sweetness of sugar which you
have not tasted so far, you will
never know the taste of it. Similarly
those who want to know the
greatness, power and glory of the

Name must constantly keep it on the

tongue, feeling conscious at the same
time that they are Name of the divine
spirit within whose qualities are
absolute existance, consciousness and
bliss.
Q : Is there a Mantra which will
enable us to develop will- power?
A : All Mantras develop will- power.
Without developing will-power, we
shall not be able to conquer our lower
desires and walk always on the path of
righteoussness.

- S. GANAPATHY

Cont... from Page 3

Food at A/c restaurants will be costlier since it will attract service tax. The task
of restoring the economy to a high growth trajetory, tackling inflationary pressures,
fiscal and external imbalances is quite challenging. But he has demonstrated his
resolve on controlling expenditure, pruning subsidies and stepping up of reforms
and other investments in infrastructure, road projects etc. on the developmental
front is quite commendable. It is imperative to cut red-tapism and arrest corruption
at all levels, black-money eradication and recovery of money in income-tax cases and
various scams in the already instituted cases filed in various courts will pave way for
a realistic ambition for development. Most of our foreign exchange resources are
drained through import of gold alone mostly to around 50%. The government
should take steps to curtail the import of gold and instead concentrate on expansion
of exports through various projects especially in oil, natural gas and energy sectors
to restrict the drain in foreign exchange reserves.This will be a vital step in tackling
fiscal and current account deficits paving way for consolidation that reinforce growth
with faster development in the economy.
At present the corporate rate of taxes is 32.5% which is the lowest in the world.
But it seems that the payment of tax is still drifted around 10% only. It seems that
the rich people having a taxable income exceeding Rs.1 crore will be more and the
government should check up the datas, tap them and recover taxes appropriately so
that they can net more revenue to exchequer and the effective tax rate should not be
less than 32.5% as mandated. Moreover it seems that owing to the rebates granted to
the industries, the revenue foregone on account of customs , excise duty and indirect
taxes run to several lakhs of crores of rupees should be altogether minimised or
scrapped since the majority of the corporates are enjoying lot of tax concessions. It
will be meaningful and an easy means to balance our budget in tackling deficits and
will be an useful tool for larger development of economy, thus finding easy resources.
But all to be seen, wait and watch, how it works!

MUSHROOM
BRIYANI

Ingredients : Rice - 2
cups, Mushroom - 2
packets, Onion - 1,
Tomato - 1, Carrot - 1,
Ginger garlic paste - 2
tsp, Turmeric powder - 1/
2 tsp, Chilli powder - 11/
2 tsp, Garam masala
powder - a pinch,
Cardamom powder - 1/4
tsp, Clove powder - 1/4
tsp, Cinnamon - 1, Brinji
leaf - 3, Coriander leaves
- a few, Mint leaves - a
few, Salt - as needed, Oil
- as needed.
Method : Cut onion,
tomato,
carrot,
mushroom finely. Heat
oil in a pressure cooker.
Add cinnamon, brinji
leaf, onion and fry for a
few minutes.
Add ginger garlic
paste and fry till smell
arises. Add tomato,
carrot, mushroom, chilli
powder,
turmeric
powder, garam masala
powder, clove powder,
cardamom powder and
fry till oil leaves the
contents.
Add rice, stir for a few
minutes. Add 4 cups of
water, cover with a lid
and cook. When the
cooker whistles twice
switch off the stove.
Transfer to a serving
bowl, sprinkle coriander
leaves, mint leaves and
serve. Delicious and
Spicy
Mushroom
Briyani ready.

Valasai Times. March 09- 15, 2013

Green Trends launches its

102nd Salon at Iyyappanthangal

Green Trends, the hair & beauty salon service business of FMCG
conglomerate CavinKare, launched its 102nd salon at Iyyappanthangal.
It is also the 57th salon to be launched in the franchise format and the
77th in Tamil Nadu. As part of the launch ceremony, Mr.Aari( Maalai
Pozhudin Mayakathilaey Fame) - Cine actor graced the occasion and
lighted the traditional lamp to inaugurate the new outlet at
Iyyappanthangal.
The salon is located at Plot No.62, A N Elumalai Street, VGN Nagar,
(Opp. Oil Mill, Above Apollo Pharmacy) Chennai 56, and can be
contacted on 044 43859900.The outlets will be open from 10 am 8 pm
during weekdays and from 8 am 8 pm on Sundays. The Green Trends
salon today has a presence through 102 salons in cities such as Chennai,
Coimbatore, Trichy, Salem, Tirupur, Madurai, Namakkal, Tanjore,
Puducherry, Tirunelveli, Karur, Thiruvanthapuram, Mysore, Hyderabad,
Bangalore, Tirupathi and Gurgoan. Equipped with knowledge on a wide
variety of professional hair & skin products, the trained professional
stylists at Green Trends will provide friendly and personalized service
to customers.
The interiors in the salon are serene with ample lighting giving
customers a relaxed atmosphere. The salon is furnished with modern,
stylish and comfortable equipment and seating zones. Green Trends
are pioneers in offering a full range of grooming solutions for value
conscious consumers. They offer trendy haircuts and color services,
complete skin care solutions and bridal packages, at affordable rates.
Green Trends is owned by Trends In Vogue Pvt. Ltd., a CavinKare
Group company.

Registrar of Newspapers of India TNBIL/2004/14657

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84

Valasai Times

Valasai Times now

available at
www.valasaitimes.in
www.fb.com/
times.valasai
Owned and Published by T. Sivagami M.A., from Plot No. 2/4 Muthumariyamman Koil Street, Ist Floor, Janaki Nagar Annexe, Valasaravakkam, Chennai - 87, and Printed by her
at Yogiram Surathkumar Prints No.12, Gajapathy St., Ice House, Chennai-5. Editor:T. Sivagami M.A. Phone : 2486 6663, 98405 73043, Email: valasaitimes@gmail.com