How To Make Effective Business Planning ?

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Hello everybody I am Balram Kushwaha i am sharing some of my experience regarding planning for business.

Every business it is required to make an effective business planning so here are some things which have to consider before making planning.

• Consciousness For Planning:-

                                                    Planning will be effective only when there is a proper environment for it. The superiors should try to set objectives, review various goals and redraft them as a required for the effective implementation. The subordinates should be regularly informed about the progress of plans. Everybody should extend willing co-operation for making the plans successful.

• Initiative by Top Level Officers :- 

                                                              It is required that the plan is make by the Top Level Officers and the objectives of the organization are set at the top level. The involvement of lower level management  it is also essential because execution will be more at these levels.

• Proper Communication :- 

                                               Communication among different levels in the organizations is very essential. If plans are not properly understood by those who are to implement them then these may nit chive the desired results.

• Participation In Planning :-

                                               Planning process involve persons from different levels and fields. Management should try to elicit views of different persons while planning is undertaken.

• Emphasis on Long Term and Short Term Plannings :-        

                                             Both Long Term and short term plans should get proper emphasis. Both the plans should be integrated for their proper implementation. For effective implementation of planning both long and short term plans should be given an Equal weight age.

These are some steps by which following a businessman makes an effective business planning.

India's Marine Product Exports $2.48 Billion in 2010-11

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                                                    Exports of marine products in 2010-11 touched $2.48billion ,registering a growth of 1.96 % in quantity , 27.64 % in rupee value and 33.17 % in dollar realization compared to the previous year, according to Marine Products Export Development Authority (MPEDA) on August 1,2011. This is the first time that the exports of marine products crossed $2 billion mark. During the year, a total quantity of 13,091 tonnes, valued at Rs.12,901.47 corer ($2, billion ) were shipped as against 67,436 tonnes valued at Rs. 10,04.53 crore (&$2.1 billion) in 2009-10. According to MPEDA, frozen shrimp continued to be the major export item from Indian accounting 44.26 % of  the total dollar earnings. European Union  continued to be the largest market with a share of 26.66 % in dollar realization.

Commercial Banks do not reqire RBI permission For Openings Branches in Cities

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                                                   As per reserve bank of India's (RBI)Branch Authorization Policy, general permission has been granted to domestic Scheduled Commercial Banks (Other than RRBs) to open branches in Tier 3 to Tier 6 centres (With population up to 49,999). Opening of by these banks in Tier 1 and Tier 2 centres (centres with population of 50,000 and above) requires prior approval of RBI. Banks apply for authorizations for opening of branches in Tier 1 and Tier 2 centres in their Annul Branch Expansion Plan. This information was Given by the Minister of State for Finance Shri Namo Marain Meena in a written reply to a question raised in Rajya Sabha on September 7,2011.