MIRA INFORM REPORT

 

 

Report No. :

336926

Report Date :

17.08.2015

 

IDENTIFICATION DETAILS

 

Name :

INDIAN INSTITUTE OF TROPICAL METEROLOGY

 

 

Registered Office :

Dr. Homi Bhabha Road, Pashan, Pune - 411008, Maharashtra

Tel. No.:

91-20-25904200

 

 

Country :

India

 

 

Financials (as on) :

31.03.2014

 

 

Date of Foundation :

17.11.1962

 

 

Com. Reg. No.:

Not Available

 

 

Capital Investment / Paid-up Capital :

Rs.4486.276 Million

 

 

CIN No.:

[Company Identification No.]

Not Available

 

 

IEC No.:

Not Available

 

 

TAN No.:

[Tax Deduction & Collection Account No.]

Not Available

 

 

PAN No.:

[Permanent Account No.]

Not Available

 

 

Legal Form :

Scientific Research Institute

 

 

Line of Business :

To study the fundamental atmospheric problems and understand the mechanism of monsoon, weather systems and climate related processes in the tropical region, particularly over the monsoon region.

 

 

No. of Employees :

Not Divulged

 

 

RATING & COMMENTS

 

MIRA’s Rating :

Ba (52)

 

RATING

STATUS

PROPOSED CREDIT LINE

41-55

Ba

Overall operation is considered normal. Capable to meet normal commitments.

Satisfactory

 

Status :

Satisfactory

 

 

Payment Behaviour :

Usually correct

 

 

Litigation :

Clear

 

 

Comments :

Subject is the Organization of scientific Research of the Government of India having satisfactory track record.

 

It is World Centre of Excellence in Basic research on the Ocean-Atmosphere Climate System required for improvement of Weather and Climate Forecasts.

 

As per the financials of the year 2014, institute has incurred some operational deficit.

 

However, business is active. Payment terms are reported to be usually correct.

 

The subject can be considered normal for business dealing at usual trade terms and conditions.

 

NOTES :

Any query related to this report can be made on e-mail : infodept@mirainform.com while quoting report number, name and date.

 

ECGC Country Risk Classification List – March 31, 2015

 

Country Name

Previous Rating

(31.12.2014)

Current Rating

(31.03.2015)

India

A1

A1

 

Risk Category

ECGC Classification

Insignificant

 

A1

Low

 

A2

Moderate

 

B1

High

 

B2

Very High

 

C1

Restricted

 

C2

Off-credit

 

D

 

 

EXTERNAL AGENCY RATING

 

Rating Agency Name

Not Available

Rating

Not Available

Rating Explanation

Not Available

Date

Not Available

 

 

RBI DEFAULTERS’ LIST STATUS

 

Subject’s name is not enlisted as a defaulter in the publicly available RBI Defaulters’ list.

 

EPF (Employee Provident Fund) DEFAULTERS’ LIST STATUS

 

Subject’s name is not enlisted as a defaulter in the publicly available EPF (Employee Provident Fund) Defaulters’ list as of 31-03-2013.

 

 

INFORMATION DENIED

 

Management non-cooperative (91-20-25904203)

 

LOCATIONS

 

Registered Office :

Dr. Homi Bhabha Road, Pashan, Pune - 411008, Maharashtra

Tel. No.:

91-20-25904200

Fax No.:

91-20-25865142

E-Mail :

lip@tropmet.res.in

Website :

http://www.tropmet.res.in

 

 

MEMBERSHIP

 

 

GOVERNING COUNCIL

Member

 

 

 

Name :

Prof. U.R. Rao

Designation :

Chairman

 

ISRO Head Quarter, Antariksha Bhavan New BEL Road, Bangalore - 560 094, Karnataka, India

 

 

Name :

Prof. Ram Sagar

Designation :

Member

 

610, 1st “E” Cross, 8th Block, Koramangala Layout Bengaluru - 560095, Karnataka, India

 

 

Name :

Dr. Swati Basu 

Designation :

Director

 

A-50, Institutional Area, Sector 62, Noida- 201 307,  Uttar Pradesh, India

 

 

Name :

Dr. R.R. Kelkar 

Designation :

Retd. Director General of Meteorology

 

C-7, Niranjan Complex,  Sus Road, Pashan, Pune - 411 021, Maharashtra, India

 

 

Name :

Prof. Viond K. Gaur

Designation :

Distinguished Professor, Indian Institute of Astrophysics

 

Sarjapur Road, Bangalore - 560 034, Karnataka, India

 

 

Name :

Dr. J.N. Goswami 

Designation :

Member

 

Physical Research Laboratory, Navaragapura, Ahmedabad - 380 009.

 

 

Name :

Dr. L.S. Rathore 

Designation :

Director General of Meteorology,  India Meteorological Department

 

Lodi Road, New Delhi  - 110 003, Delhi, India

 

 

Name :

Dr. M. Rajeevan Member-Secretary    

Designation :

Director

 

Indian Institute of Tropical Meteorology, Dr. Homi Bhabha Road, Pashan, Pune  - 411 008, Maharashtra, India  

 

 

Name :

Prof. U.C. Mohanty 

Designation :

Member

 

Centre for Atmospheric Sciences Indian Institute of Technology, Hauz Khas,
New Delhi - 110 016, Delhi, India

 

 

Name :

Mr. J.B. Mohapatra

Designation :

Additional Secretary & Financial Advisor (attended 87 meeting)

 

Ministry of Earth Sciences Prithvi Bhavan, Lodi Road New Delhi - 110 003  , Delhi, India

 

 

Name :

Mr. J.M. Mauskar, IAS (Retd.)

Designation :

Member (Permanent Invitee, GC)

 

Building No. C-1, Flat No. 39 Supercon Residency Apt., Shirine Garden Opp : ITI Aundh, Parihar Chowk Pune - 411 007, Maharashtra, India

 

 

Name :

Dr. B. Mukhopadhyay

Designation :

Scientist ‘E’

 

India Meteorological Department, Pune - 411005, Maharashtra, India

 

 

Name :

Prof. J. Srinivasan

Designation :

Member

 

Centre for Atmospheric and Oceanic Sciences Indian Institute of Science, Bangalore - 560 012, Karnataka, India

 

 

Name :

Prof. B.N. Goswami (Member Secretary)

Designation :

Director

 

Pune – 411 008, Maharashtra, India

 

 

Name :

Dr. S.W.A. Naqvi,

Designation :

Scientist ‘H’

 

National Institute of Oceanography Dona Paula, Goa- 403 004, Maharashtra, India

 

 

Name :

Shri S.M. Hendre (on invitation)

Designation :

Joint Manager

LACD-Manager

 

Indian Institute of Tropical Meteorology, Pune – 411 008, Maharashtra, India

 

 

Name :

Dr. (Smt.) C. Bardhan (on invitation)

Designation :

Advisor to Director

 

Indian Institute of Tropical Meteorology, Pune – 411 008, , Maharashtra, India

 

 

RESEARCH ADVISORY COMMITTEE

 

 

Name :

Prof. Vinod Gaur

Designation :

Chairman

 

Indian Institute of Astrophysics, Sarjapur Road, Bangalore - 560 034

 

 

Name :

Prof. S. Krishnaswami

Designation :

Member

 

Physical Research Laboratory Navarangpura, Ahmedabad - 380 009

 

 

Name :

Prof. Probal Chaudhari

Designation :

Member

 

Theoretical Statistics and Mathematics Unit Indian Statistical Institute 203, B.T. Road, Calcutta - 700 108

 

 

Name :

Prof. Pradeep Mujumdar

Designation :

KSIIDC Chair Professor

 

Department of Civil Engineering, Indian Institute of Science, Bangalore - 560012

 

 

Name :

Prof. Raghu Murtugudde

Designation :

Member

 

5825 University Research Court Suite 4001, ESSICUniversity of Maryland College Park, MD 20740 (USA)

 

 

Name :

Prof. G. S. Bhat

Designation :

Chairman

 

Centre for Atmospheric & Ocean Sciences, Indian Institute of Sciences Bangalore - 560 012

 

 

Name :

Prof. B.N. Goswami

Designation :

Director

 

Indian Institute of Tropical Meteorology, Pune - 411 008

 

 

Name :

Dr. R. Krishnan

Designation :

Scientist 'G' (Member Convener)

 

Indian Institute of Tropical Meteorology, Pune - 411 008

 

 

FINANCE COMMITTEE

 

 

Name :

Prof. U.R. Rao

Designation :

Chairman

 

ISRO Head Quarter, Antariksha Bhavan New BEL Road, Bangalore - 560094

 

 

Name :

Dr. M. Rajeevan

Designation :

Scientist ‘G’

 

Ministry of Earth Sciences, Prithvi Bhavan Lodi Road, New Delhi - 110 003, Delhi, India

 

 

Name :

Shri J.B. Mohapatra

Designation :

Additional Secretary & Financial Advisor

 

Ministry of Earth Sciences Prithvi Bhavan, Lodi Road New Delhi - 110 003

 

 

Name :

Prof. B.N. Goswami

Designation :

Director

 

Indian Institute of Tropical Meteorology Pune - 411 008

 

 

BUSINESS DETAILS

 

Line of Business :

To study the fundamental atmospheric problems and understand the mechanism of monsoon, weather systems and climate related processes in the tropical region, particularly over the monsoon region.

 

 

Products :

Not Available

 

 

Brand Names :

Not Available

 

 

Agencies Held :

Not Available

 

 

Exports :

Not Divulged

 

 

Imports :

Not Divulged

 

 

Terms :

Not Divulged

 

PRODUCTION STATUS NOT AVAILABLE

 

 

GENERAL INFORMATION

 

Suppliers :

Reference :

Not Divulged

Name of the Person :

Not Divulged

Contact No.:

Not Divulged

Since How Long Known :

Not Divulged

Maximum Limit Dealt :

Not Divulged

Experience :

Not Divulged

Remark:

Not Divulged

 

 

Customers :

Reference :

Not Divulged

Name of the Person :

Not Divulged

Contact No.:

Not Divulged

Since How Long Known :

Not Divulged

Maximum Limit Dealt :

Not Divulged

Experience :

Not Divulged

Remark:

Not Divulged

 

 

No. of Employees :

Not Divulged

 

 

Bankers :

Bank Name

Not Divulged

Branch

Not Divulged

Person Name (With Designation)

Not Divulged

Contact Number

Not Divulged

Name of Account Holder

Not Divulged

Account Number

Not Divulged

Account Since (Date/Year of Account Opening)

Not Divulged

Average Balance Maintained (If Possible)

Not Divulged

Credit Facilities Enjoyed (If any)

Not Divulged

Account Operation

Not Divulged

Remarks (If any)

Not Divulged

 

 

 

Banking Relations :

--

 

 

Auditors :

 

Name :

A. R. Sulakhe and Company

Chartered Accountants

Address :

Anand Apartment, 1180/2, Shivajinagar, Pune - 411 005, Maharashtra, India

Tel. No.:

91-20 - 30281845 / 46 / 47

Fax No.:

91-20 - 30281847

E-Mail :

sulakhe@vsnl.com

Website :

www.arsandco.com

www.charteredaccountantfromindia.com

 

 

Memberships :

--

 

 

Collaborators :

--

 

 

Institutional Membership :

1.     American Meteorological Society, U.S.A.

2.     Royal Meteorological Society, U.K.

3.     Indian Meteorological Society, New Delhi

4.     Indian Academy of Science for Current Science, Bangalore

5.     Indian Association of Hydrology, Roorkee

6.     National Association of Geographers India, New Delhi

7.     Indian Science Congress, Kolkata

8.     Deccan Geographical Society, Pune

9.     Computer Society of India, Mumbai

10.  Indian Association of Special Libraries and Information Centres, Kolkata

11.  Indian Meritime Foundation, Pune

 

CAPITAL STRUCTURE

 

As on 31.03.2014

 

Capital Fund:

 

Owned :

Rs.4486.276 Million

Borrowed :

--

Total :

Rs.4486.276 Million

 

FINANCIAL DATA

[all figures are in Rupees Million]

 

ABRIDGED BALANCE SHEET

 

 

PARTICULAR

 

31.03.2014

31.03.2013

1.     CORPUS/ CAPITAL FUND AND LIABILITIES

 

 

 

 

 

 

 

Corpus/ Capital Fund

 

4486.276

2797.606

Reserves and Surplus

 

11.072

7.884

Earmarked/ Endowment Funds

 

3.184

366.521

Secured Loans and Borrowings

 

--

--

Unsecured Loans and Borrowings

 

--

--

Deferred Credit Liabilities

 

--

--

Current Liabilities and Provisions

 

299.919

127.076

Interest to Be Adjusted Against Future Grants (Plan)

 

74.661

64.107

Interest to Be Adjusted Against Future Grants (Non-Plan)

 

11.832

15.697

2. TOTAL

 

4886.944

3378.891

 

 

 

 

1. ASSETS

 

 

 

Fixed Assets

 

3740.686

1974.665

Investments - From Earmarked/Endowment Funds

 

--

--

Investments - Others

 

--

--

Current Assets Loans Advances Etc.

 

--

--

Miscellaneous Expenditure

(To The Extent Not Written off or Adjusted)

 

1146.258

1401.226

3. TOTAL

 

4886.944

3375.891

 

 

 

 

 

 

PROFIT & LOSS ACCOUNT

 

 

PARTICULARS

 

31.03.2014

31.03.2013

 

Income from Sales/Services

 

 

 

 

Grants/Subsidiser

 

650.250

509.600

 

Other Income

 

2.844

3.013

 

TOTAL (A)

 

653.094

512.613

 

 

 

 

 

 

EXPENDITURE

 

 

 

 

 

 

 

 

 

Establishment Expenses

 

260.520

254.126

 

Other Administrative Expenses etc.

 

0.000

0.000

 

Expenditure on Schemes

 

314.303

244.649

 

Interest

 

0.000

0.000

 

Depreciation during the year

 

107.350

88.872

 

 

 

 

 

 

TOTAL (B)

 

682.173

587.647

 

 

 

 

 

 

TOTAL (C) - Prior Period Expenses (Exp. Incurred before 01.04.2014, but payment made in the F.Y. 2013-14

 

1.242

0.000

 

 

 

 

 

 

BALANCE BEING SURPLUS/(DEFICIT) CARRIED TO CORPUS / CAPITAL FUND

 

(30.203)

(75.034)

 

 

LOCAL AGENCY FURTHER INFORMATION

 

Sr. No.

Check List by Info Agents

Available in Report (Yes / No)

1]

Year of establishment

Yes

2]

Constitution of the entity -Incorporation details

Yes

3]

Locality of the entity

Yes

4]

Premises details

No

5]

Buyer visit details

--

6]

Contact numbers

Yes

7]

Name of the person contacted

No

8]

Designation of contact person

No

9]

Promoter’s background

No

10]

Date of Birth of Proprietor / Partners / Directors

No

11]

Pan Card No. of Proprietor / Partners

No

12]

Voter Id Card No. of Proprietor / Partners

No

13]

Type of business

Yes

14]

Line of Business

Yes

15]

Export/import details (if applicable)

No

16]

No. of employees

No

17]

Details of sister concerns

No

18]

Major suppliers

No

19]

Major customers

No

20]

Banking Details

No

21]

Banking facility details

No

22]

Conduct of the banking account

--

23]

Financials, if provided

Yes

24]

Capital in the business

Yes

25]

Last accounts filed at ROC, if applicable

Yes

26]

Turnover of firm for last two years

Yes

27]

Reasons for variation <> 20%

--

28]

Estimation for coming financial year

No

29]

Profitability for last three years

Yes

30]

Major shareholders, if available

Yes

31]

External Agency Rating, if available

No

32]

Litigations that the firm/promoter involved in

--

33]

Market information

--

34]

Payments terms

No

35]

Negative Reporting by Auditors in the Annual Report

No

 

 

HISTORY

 

The  need to study the fundamental atmospheric problems and understand the mechanism of monsoon, weather systems and climate related processes in the tropical region, particularly over the monsoon region, became acute for India in 1950’s when the country’s post-Independence economic development program was launched. Considering this need the World Meteorological Organization (WMO), in its Third Congress, recommended the creation of meteorological research and training institutes in the tropical countries. The proposal was formally approved by the Government of India in February 1962 as one of the schemes under its Third Five Year Plan and finally the Institute was founded as the Institute of Tropical Meteorology (ITM) on 17 November, 1962 at Pune (the then Poona), as a distinct unit of the India Meteorological Department (IMD).Consequent upon the recommendation of the Committee for Organization of Scientific Research (COSR) appointed by the Government of India the Institute was transformed into an autonomous organization on 1st April 1971 under the name Indian Institute of Tropical Meteorology (IITM). In the initial years, along with the IMD, the Institute functioned under the Ministry of Tourism and Civil Aviation, but later in 1985, it was brought under the Department of Science and Technology (DST) of the Ministry of Science & Technology and now, with effect from 12 July 2006 the IITM has been under the administrative control of the specially formed Ministry of Earth Sciences (MoES). 

 

Since its inception the Institute was functioning in Ramdurg House, one of the buildings of the IMD at Shivaji Nagar and at a few places on rental basis in Pune till IITM has its own building at Pashan. The campus at Pashan was developed in phased manner and some of the Divisions started functioning there from 1982 and the whole Institute from 1989.

 

IITM is a premiere research Institute to generate scientific knowledge in the field of meteorology and atmospheric sciences that has potential application in various fields such as agriculture, economics, health, water resources, transportation, communications, etc. It function as a national centre for basic and applied research in monsoon meteorology.

 

The Institute has a pride of place in the career of many eminent scientists, globally known for their contributions in Meteorology and Atmospheric Sciences. Prominent amongst them are late Prof. P.R.  Pisharory,   late   Prof. R. Ananthakrishnan, Prof. G.C. Asnani, Dr. R.P. Sarkar, Shri D.R. Sikka, Prof.  R.N. Keshavamurty, Dr. R.R. Kelkar, Prof. Jagdish Shukla, Prof.  Sulochana Gadgil, etc

 


MODEL DEVELOPMENT AND PREDICTION: SEASONAL

 

OBJECTIVES

 

  • Modeling system for dynamical prediction of the seasonal mean monsoon rainfall.
  • To study the monsoon variability over different spatio-temporal scales.
  • To study Indian Ocean dynamics and variability.

 

 

DEVELOPMENTAL ACTIVITIES

 

Seasonal prediction and seasonal hindcast experiments using fully coupled General Circulation Model

 

The resolution of the CFSv2 model has been increased from original T126 spectral resolution (equivalent to about 110 km resolution) to T382 spectral resolution (equivalent to about 38 km resolution). Retrospective forecast (hindcast) experiments were carried out using the coupled model CFSv2 with this higher spectral resolution of T382. Ensemble runs of these forecast experiments have also been carried out. CFSv2 forecast runs were performed using initial conditions of February (36 members ensemble), March (20 members ensemble), April (24 members ensemble), May (28 members ensemble) and June (24 members ensemble). CFSv2 T382 hindcast runs using June initial conditions with 00 UTC data were performed and the same with 12 UTC data are underway.

 

The latest high resolution research version of the coupled model (CFSv2) is used to generate the experimental forecast for the 2014 SW Monsoon season rainfall (over the Indian region) using the February initial conditions with 56 ensembles.

 

Dynamical seasonal prediction for 2013 Summer Monsoon rainfall using CFSv2

 

CFSv2 was used to generate the experimental dynamical seasonal forecast for the 2013 SW Monsoon season rainfall (over the Indian region) using the April initial conditions. The forecast was provided to IMD.

 

The experimental dynamical forecast (using Monsoon Mission experimental CFSv2) issued on 14 June 2013 is given below:

 

“The experimental forecast based on the monsoon mission dynamical prediction system using the April initial conditions indicates that the rainfall during the 2013 monsoon season (June to September) averaged over the country as a whole is likely to be 108% ± 4% of long period model average (LPMA)”. This prediction was correct and was matching well with the observed value (all India area weighted rainfall in 2013 SW monsoon was about 106% of its Long Period Average value). Also, the accuracy of spatial distribution of predicted rainfall was reasonably good.

 

Impact of increased resolution (T382) in CFSv2 (in comparison to T126 version):

 

·         Better annual cycle of Indian summer monsoon rainfall (ISMR)

·         Reduction in SST bias (reduced by about 25%)

·         Reduction in radiation biases

·         Improvement in inter-annual variability

·         Big improvement in ISO variance in T382 version (as compared to T126 version)

·         Space-time spectra is better

 

 

 

Model performance: Sensitivity to initial conditions

 

The model skill is better for ISMR (JJAS) when February initial conditions are used (i.e., with suff icient lead time) as compared to March/April/May initial conditions. Possibly, the better skill is coming mainly from ENSO-Monsoon tele-connection. Spring barrier of predictability may be a reason of less skill when March/April

initial conditions are used.

 

Sensitivity experiments with CFSv2 cloud

microphysics and convection

 

At present, Zhao & Carr warm microphysics as well ice microphysics is being used. Sensitivity to change in critical relative humidity has been explored. It is found that variable critical relative humidity (85-95%) works better than the model assigned value of 85%.

 

The present study attributes to improve the representation of clouds in CFSv2 over the Indian monsoon region. The sensitivity experiments are performed by the adjustment of critical relative humidity (RHcrit) and cloud microphysics for the better climatological representation of clouds. It has been explored that the improvement in clouds may lead to correct representation of large scale

circulations through the enhanced radiation  properties and consequently, modulate tropospheric temperature (TT) which plays a major role in the establishment of monsoon.

 

Dry bias over the Indian subcontinent also gets improved. In addition to this, modification of microphysics is also

being carried out and it exhibits promising results. Improvement in model bias is being explored.

 

Implementation of super - parameterization in CFSv2 (SP-CFS)

 

An experimental super- parameterization in CFS (SP-CFS) has been explored with relatively good results.

 

 

PARAMETERIZATION AND ANALYSIS

 

OBJECTIVES:

 

·         Different convective parameterization concepts in the CFS model.

 

·         To develop new hypotheses based on observations to modify model grid scale cloud processes in CFS.

 

·         Analyzing and evaluating CFS fidelity for different spatio-temporal scales of Indian monsoon.

 

 

DEVELOPMENTAL ACTIVITES

 

Development of Super-parameterized CFSv2 (SP-CFS)

 

The Climate Forecast System Version 2 (CFSv2) is being identified as the operational model for issuing seasonal and extended range forecast of Indian summer monsoon. Even though the model has a reasonable skill in capturing the intraseasonal variabilities, it shows some prominent bias such as lesser rainfall over Indian landmass, colder tropospheric temperature and colder sea surface temperature, etc. On analyzing CFSv2 free run of 20 years, it is noted that the model rainfall probability distribution is not realistic as shown in Fig. 1. Further, on analyzing rainfall and outgoing longwave radiation (OLR), it is found that stratiform rain rates and deep clouds are significantly low. Keeping in mind the possible role of high frequency modes into the overall rainfall variability, the ratio of synoptic variance and intra-seasonal variance was analysed. The ratio clearly shows that CFSv2 has lesser contribution from synoptic scale as compared to the observation. All these analyses suggest that the organization of cloud and associated cloud/convective processes possibly needs improvement to get the realistic simulation of rainfall and its variabilities and also to reduce the biases.

 

To accomplish the mentioned objective of improving the rainfall simulation by improving the cloud parameterization in the existing CFSv2, an attempt was made for developing super parameterized CFSv2 (SP-CFS) to improve different features of monsoon. SP-CFS has been developed and implemented in CFSv2 T62. Initially, an attempt was made to implement SP framework in CFSv2 T126 but it being too much expensive, T62 resolution was chosen to implement the SP framework. There are 32 Cloud Resolving Models (CRMs) in each GCM grid box with 64 vertical levels. Presently, SP-CFS takes around four days to run a season. A 3-year free run of the SP-CFS is made where the cold tropospheric temperature bias has reduced significantly (Fig. 2). The annual cycle of rainfall has improved with a significant increase of rainfall over Indian landmass (Fig. 3). SP-CFS has simulated a realistic upper and lower level wind fields.

 

The synoptic (2-10 day) variance and the ratio of synoptic to intraseasonal oscillation (ISO) scale are found to be much realistic in SP-CFS than CFS as compared to TRMM. Finally, the SP-CFS has simulated realistically major tropical waves namely MJO, Kelvin waves, Rossby-Gravity waves, etc. as shown in Fig. 4 (as per the methodology adopted by Wheeler and Kiladis, 1999). This work, therefore, demonstrates that representation of cloud and convection play a key role in determining the model simulated cloud, outgoing longwave radiation (OLR), precipitation distribution and finally, the heating.

 

 

CENTRE FOR ADVANCED TRAINING IN EARTH SYSTEM SCIENCES AND CLIMATE (CAT-ESSC)

 

Objectives

 

To establish a state-of-the-art advanced training centre in earth system sciences and climate. To create a large pool of trained and dedicated multi-disciplinary climate and earth system scientists.

 

Internal Faculty

 

·         Prof. B.N. Goswami

·         Dr. R.H. Kripalani

·         Dr. R. Krishnan

·         Dr. A.K. Sahai

·         Dr. Gufran Beig

·         Dr. A. Suryachandra Rao

·         Dr. P.S.P. Rao

·         Dr. C. Gnanaseelan

·         Dr.(Smt.) Thara Prabhakaran

·         Dr. G. Pandithurai

·         Dr. S. Chakraborty

·         Dr. K. Ashok

·         Dr. Kausar Ali

·         Dr. Vinu Valsala

·         Dr. Anupam Hazra

·         Dr. Ramesh Vellore

·         Dr. Subodh K. Saha

·         Shri S. Mahapatra

·         Dr. P. Mukhopadhyay

·         Dr. Shivsai Dixit

·         Dr. K.M.C. Reddy

·         Dr. Anoop Mahajan

·         Dr. Anant B. Parekh

·         Mr. M. Mahakur

·         Dr. Subrata K. Das

 

External Faculty

·         Dr. Prakash Khare (IMD)

·         Mr. M.K. Tandon (Rtd. from IITM)

·         Dr. S. Rajan (NCOAR)

·         Dr. Thampan Meloth (NCAOR)

·         Dr. M. Ravichandran (INCOIS)

·         Dr. K. Anand (Pune University)

·         Dr. P. Srinivasulu (NARL)

 

National and International Faculty (Special Courses)

·         Dr. Raghu Murtugudde University of Maryland, USA (Earth System Sciences & Introductory Oceanography).

·         Prof. V. Krishnsmurthy University of Maryland, USA (Predictability of monsoons).

·         Prof. V.K. Gaur Distinguished Professor, Indian Institute of Astrophysics, Bangalore (Inverse modeling).

·         Prof. Mike John Wallace University of Washington, USA (Physics of the Atmosphere).

·         Prof. Venkata Bhaskar Rao Dodla Jackson State University, USA (Atmosphere-Ocean- Modelling)

·         Dr. Oliver Talagrand Laboratoire de Météorologie Dynamique, France (Data Assimilation).

·         Prof. T. Yamagata Director, Application Laboratory, JAMSTEC Japan (Subtropical Dipole Modes).

 

Project work of Batch-II Trainee Scientists

 

For the partial fulfillment of the induction training programme, the trainee scientists underwent a six months project/dissertation work during July-December 2013 either at IITM or at other institutes of MoES. The projects were assigned to trainees. The trainee scientists did their project work at different MoES institutions as per the details given in the following table:

 

Project Title

Project Mentor(s)

Institute

Trainee Scientist

Indian Ocean Dipole in CFS & ESMv1: Role of ocean biases

Dr. Vinu Valsala

Dr. P. Swapna

Dr. A. Krishnamurty

Dr. Roxy Mathew Koll

IITM, Pune

Ms. Shikha Singh

Scale Interaction in CFS coupled model.

Dr. A.S. Rao

IITM, Pune

Mr. Ankur Srivastava

Possible mechanism behind organized convection associated with BSISO in observation.

Dr. P. Mukhopadhyay

Dr. A.S. Rao

Prof. B.N. Goswami

IITM, Pune

Mr. Sahadat Sarkar

Quantifying the effect of HCHO/NO ratio changes on O production in 3

the Indian subcontinent.

Dr. Anoop S. Mahajan

IITM, Pune

Mr. Mriganka Biswas

Evaluating the short range ensemble, forecast for tropical cyclones over India using TIGGE EPS.

Dr. P. Mukhopadhyay

Dr. A.S. Rao

Prof. B.N. Goswami

IITM, Pune

Ms. Deepa J.S.

Evaluating the short range ensemble forecast of monsoon weather associated with Indian Summer Monsoon ISOs using NCEP TIGGE

EPS data.

Dr. P. Mukhopadhyay

Dr. A.S. Rao

Prof. B.N. Goswami

IITM, Pune

Ms. Snehlata Tirkey

Assimilation of Sea Level Anomaly Francis Data in 1½ layer Linear Reduced gravity model for the Indian Ocean Region.

Dr.  P.A. INCOIS, Shri

Dr. Arya Paul

INCOIS, Hyderabad.

Mr. Pavan Kumar Nadiminti

Satellite detection and monitoring of high biomass algal bloom: Preparedness for an ecological

disaster.

Dr. Aneesh Lotlikar

INCOIS, Hyderabad.

Mr.  Sandeep NarayansSetti

Environmental forcing on phytoplankton biomass distribution in Bay of Bengal using Satellite and in-situ ARGO float data

Dr. T. Srinivasa Kumar

Dr. Aneesh Lotliker

INCOIS, Hyderabad.

Bhupendra Bahadur Singh

Identifying the sources of dust in Antarctica using Lagrangian Transport Model.

Dr. K. Satheesan

NCAOR, Goa

Mr. Sourave Chatterje

Chemical signatures of phytoplankton-bacterial interaction in the Kongsfjorden

Dr. K.P. Krishnan

NCAOR, Goa

Ms. Chaitri Roy

Study of Intra-seasonal variations in the Bay of Bengal using OMNI buoydata.

Dr. R. Venkatesan

Dr. Anant Parekh

NIOT, Chennai

IITM, Pune

Mr. Maheswar Pradhan

Storm surge Modeling for Tamil Nadu Coast.

Mrs. V. Ravichandran

Dr. R.H. Kripalani

NIOT, Chennai

IITM, Pune

 Varghese Mercy

Motion Response Control and Measurement of Interconnection System Response using LabVIEW Programme.

Dr. Purnima Jalihal

 NIOT, Chennai

Mr. B. Balaji

Generation of Probabilistic forecast of Maximum and Minimum Temperature based on Global

Ensemble Forecast System (GEFS).

Dr. Gopal R. Iyengar

Dr. R. Ashrit

NCMRWF, New Delhi

Mr. Avijit Dey

Calibration of SAPHIR radiance towards Data Assimilation.

Dr. V.S. Prasad

NCMRWF, New Delhi

Mr. Raju Mandal

Study of progress of Monsoon Isochrones from south to north from coupled model outputs and

observational data

Dr. Ashis K. Mitra

NCMRWF, New Delhi

Ms. Sadhana Singh

 

 

Important Events and Activities

 

IITM-WMO (World Meteorological Organization)

 

Seminar was organized on ‘Metropolitan Air Quality Forecasting and Services (SAFAR)’ at IITM on 30 April 2013. The seminar aimed at bringing together scientists, experts, practitioners and decision-makers involved in real-time data generation, modelling and short term predictions in the field of air quality and weather to share evidence-based knowledge and experiences in order to discuss the current state and challenges in air quality and weather forecasting and to set the future agenda in the field.

 

C4 Workshop: An international workshop on ‘Changing Chemistry in Changing Climate: Monsoon (C4)’ was organised during 01-03 May 2013 at IITM. This workshop provided a platform for exchange of knowledge amongst the developed and developing world, specifically in the field of Atmospheric Chemistry and health impact of air pollution. During the inaugural function held on 01 May 2013, all the facilities of SAFAR-Pune were made available and were dedicated to the nation by Dr. Shailesh Nayak, Secretary, Ministry of Earth Sciences, Govt. of India. These facilities include (i) Puneri-AIR: A booklet for common citizens about SAFAR-Pune prepared in three languages namely, Hindi, English and Marathi, (ii) High-Tech SAFAR Air Quality and Weather Monitoring Station, AWADHI facility (air quality and weather assessment and data on hi-tech-digital India) at the Master Control Room, (iii) Interactive Voice Response (IVR) Service where citizens of Pune can get the current and 24 hour advance forecast information on air quality and weather of Pune and Delhi by a toll free number, SAFAR data and advisories, and (v) Digital LED Screens (10'x6') at 12 different locations, having maximum visibility, across Pune and PCMC. In addition to these, a report on ‘Pune specific Emission Inventory of Pollutants: 2012’ was also released.

 

IITM in association with the Commonwealth Scientific and Industrial Research Organization (CSIRO), Australia organized a meeting of the forum on 'Seasonal Climate Forecasting in India and Sri Lanka (SCFIS) and its Application to Food Security' at the Institute during 23-24 May 2013. National and international delegates attended the meeting. Director and scientists of the Institute provided expertise to the scientists of the above forum and discussed about the existing consensus forecast activities in India (by IITM and IMD with support from NCMRWF and INCOIS) for preparation of the seasonal climate forecasting in India.

 

Ka-band Scanning Polarimetric Radar (KASPR) was installed and tested at IITM during 05-10 May 2013 by the suppliers M/s ProSensing Inc., USA. A team of three members (Prof. Andrew Pazamany along with two engineers, viz., Shri Brian Sima and Shri Joe Harney) visited IITM during this period and demonstrated operational procedures on 10 May 2013. Since then, the KASPR system was under test for almost continuous operation and collected important data. CAIPEEX-HACPL TEC radar expert Prof. G. Viswanathan, Ex-Head of Radar Development Cell (RDC), Indian Space Research Organization (ISRO), Bangalore visited the Institute during 16-17 May 2013 to review the proper installation and functioning of KASPR. Most of his concerns/ questions have been discussed with M/s Prosensing via online Skype and based on his report and recommendations, the Site Acceptance Test (SAT) was approved. Marking the first anniversary of the HACPL, Mahabaleshwar, the Ka-band radar was deployed at Mandhardev in collocation with existing X-band radar on 06 June 2013 for the Monsoon-2013 observational campaign. Prof. B.N. Goswami, Director, IITM flagged-off the campaign on 07 June 2013 at Mandhardev, in the presence of Satara District Collector Dr. N. Ramaswami, who was the Chief Guest on the occasion. Data from these radars and the HACPL instruments were collected.

 

 

AWARDS AND HONOURS

 

Dr. R. Krishnan

 

·         Member, Scientific Steering Group, WCRP-CLIVAR Asian-Australian Monsoon Panel.

 

·         National Expert in the Belmont Forum Scoping Workshop on Seasonal to Decadal Predictability of Regional Climate for Decision Making: Bridging the Gap between Users’ Needs and the State of Climate Knowledge, emphasizing on predictability of monsoon systems and their interactions and tele-connections with the polar regions, jointly organized by the Ministry of Earth Sciences and the French National Research Agency, NCAOR, Goa, 23-25 October 2013.

 

Dr. G. Beig

 

·         Selected as Chairman of the Scientific Programme Committee, the 8th  International Workshop on Long-Term Changes and Trends in the Atmosphere (TREND-2014) to be held during 28-31 July 2014, Cambridge, United Kingdom.

 

·         Member, Advisory Committee for the selection of CSIR-Young Scientist Award in Earth, Atmosphere, Ocean & Planetary Science, Council of Scientific and Industrial Research (CSIR), New Delhi, 2013-14.

 

Dr. A.K. Sahai

 

·         Chaired a session on ‘SASCOF: Scientific and Operational Setting’ in the Fourth Session of South Asian Climate Outlook Forum (SASCOF-4), Kathmandu, Nepal, 18-19 April 2013.

 

·         Chaired a session on ‘Global Warming, Climate Change and Adaptation’ in the National Conference of Ocean Society of India (OSICON 2013), IITM, Pune, 26-28 November 2013.

 


Dr. A. Suryachandra Rao

·         Member, WGNE WMO-MJO (Working Group on Numerical Experimentation-World Meteorological Organization-Madden Julian Oscillation) Task Force, Geneva, Switzerland.

 

·         Member, Editorial Board, Weather and Climate Extremes journal.

 

Dr. C. Gnanaseelan

·         Chairman, Local Organising Committee, National

·         Conference of Ocean Society of India 2013 (OSICON 2013), IITM, Pune, 26-28 November 2013.

 

Dr. (Smt.) Thara Prabhakaran

·         Received the MoES Certificate of Merit for the year 2013 from the Ministry of Earth Sciences, Govt. of India for her outstanding contribution in the field of Atmospheric Science and Technology.

 

Dr. G. Pandithurai

·         Vice Co-Chair, International SKYNET Committee, Japan for organizing and coordinating the SKYNET activities; and their interfacing with the GAW/WMO for four years from July 2013.

 

Dr. (Smt.) Ashwini A. Kulkarni

·         Expert at the Regional Consultation on State Action Plan on Climate Change, Ministry of Environment and Forests, Govt. of India.

·         Contributory Author of Chapter 14 of IPCC AR5 ‘Climate Phenomena and their Relevance for Future Regional Climate Change’.

 

Dr. Milind Mujumdar

·         Chaired a session on ‘Impact of the climate change on biodiversity and water resources’ at the International Conference on the Asian Monsoon and Climate Change, Islamabad, Pakistan, 20-21 January 2014.

 

Dr. (Smt.) J.V. Revadekar

·         Member, Editorial Board, Studies in Atmospheric Sciences journal

 

Dr. Roxy M. Koll

·         Convened and chaired a scientific session on  ‘Ocean-Atmospheric Processes in the Dynamics of the Asian Monsoon’ at the Asia Oceania Geosciences (AOGS) 2013 Conference, Brisbane, Australia, 23-29 June 2013.

 

Dr. Yogesh K. Tiwari

·         Member, Asian GAW Greenhouse Gases Working Group.

·         Member, Editorial Board, Studies in Atmospheric Sciences journal.

 

Dr. H.N. Singh

·         Chairman, Local Organizing Committee and a Session on ‘Climate Change’, Third National Conference on Environment and Biodiversity of India (EBI-2013) organized by the North East Centre for Environmental Education and Research (NECEER), Imphal in association with the PE Society’s Modern College of Arts, Science and Commerce, Pune, 6 October 2013.

 

·         Chaired a session on ‘Environment, Globalization and People’s Movement’ at the two days National

·         Seminar on ‘Environmental Protection Drives: Politics and Unseen Challenges’ jointly organized by MB College, Imphal and Indian Council of Social Sciences Research, New Delhi at MB College, Imphal during 28-29 March, 2014.

 

Dr. Sachin D. Ghude, Dr. D.M. Chate and Dr. Samir Pokhrel

 

·         Guest Editors, special issue on ‘Air Pollution, Air Quality, and Climate Change’ (AIRPOL), Advances in Meteorology journal.

 

Dr. O.N. Shukla

 

·         Received a certificate of appreciation from the Town Official Language Implimentation Committee (TOLIC) for his contributions as a member of a sub-committee of TOLIC during 2010-13.

 

Dr. P.C.S. Devara (Advisor, IITM)

 

·         Chaired a session on ‘Aerosol and Rainfall’ at the 8 Asian Aerosol Conference (AAC 2013), Sydney,

·         Australia, 02-05 December 2013.

 

·         Honorable Member, International SKYNET Committee, Japan Member,

 

·         National Advisory Committee, National  Symposium on ‘Emerging Trends in Physics for Ionizing Radiations, Aerosols and Material Science (ETPRAM-13)’, Physics Department, Punjabi University, Patiala, 13-14 December 2013.

 

·         Member, Asian Young Aerosol Scientist Award (AYASA) Selection Committee, participated in the evaluation process for the AYAS Awards to be presented at the Asian Aerosol Conference (AAC 2013), Sydney, Australia, 02-05 December 2013.

 

Dr. R.H. Kripalani, (Advisor, IITM)

·         Member, Academic Expert Committee for Curriculum Development to frame the curriculum of M.Sc. in GIS Remote Sensing and Satellite Oceanography, Kerala University of Fisheries and Ocean Studies (KUFOS) and to develop syllabus for the course on Statistics in Atmospheric and Oceanic Sciences.

 

·         Expert Reviewer, first draft of the Working Group-I Contribution to the IPCC Fifth Assessment Report:

Climate Change 2013: The Physical Science Basis.

 

Shri P.W. Dixit, Shri Ashish R. Dhakate, Kum. Ashwini

P. Bhujbal and Shri Sunil V. Raut

  • Received the MoES Annual Award for Best Employees for the year 2013 under category ‘Group B’, ‘Group B’, ‘Group C’ and ‘Multi Tasking Staff’ respectively.

 

Smt. Madhura Kane (Research Fellow)

  • Best Poster Award for the poster ‘Changes in Western Disturbances over Western Himalayas in a warming environment’ at the Fourth National Research Conference on Climate Change, IIT-Madras, Chennai, 26-27 October 2013.

 

Kum. Saumi Chakravorty (Research Fellow)

·         Best Presentation Award for the paper ‘Role of El Nino and IOD forcing on the southern tropical Indian Ocean Rossby waves’ co-authored by C. Gnanaseelan, J.S. Chowdary and J.J. Luo at the National Conference of Ocean Society of India (OSICON 2013), IITM, Pune, 26-28 November 2013.

 

Kum. Aditi Deshpande (Research Fellow)

·         Best Presentation Award for the paper ‘Role of thermocline-SST coupling in the evolution of IOD events and their regional impacts’ co-authored by J.S. Chowdary and C. Gnanaseelan at the National Conference of Ocean Society of India (OSICON 2013), IITM, Pune, 26-28 November 2013.

 

Kum. Sayantini Ojha (Research Fellow)

·         Best Presentation Award for the paper ‘The role of Arabian Sea in the evolution of Indian Ocean Dipole’ co-authored by C. Gnanaseelan and J.S. Chowdary at the National Conference of Ocean Society of India (OSICON 2013), IITM, Pune, 26-28 November 2013.

 

Kum. Shamal S. Date (Research Fellow)

·         Best Presentation Paper Award for the paper  ‘Tropical Indian Ocean SST variability in different CMIP5 scenarios’ co-authored by K. Ashok, Swapna P., T. Pascal and J.V. Revadekar at the National Conference of Ocean Society of India (OSICON 2013), IITM, Pune, 26-28 November 2013.

 

INTROMET-2014 Best Poster Award (Gold Medal)

·         In the session ‘Aerosols and Monsoons’ at INTROMET-2014 held at SRM University, Chennai during 21-24 February 2014 for the poster ‘Observed cloud microphysical changes due to elevated pollution layers near the foothills of the Himalayas’ by B. Padma Kumari, G. Harikishan, Anupam Hazra, R.S. Maheskumar and S.B. Morwal.

 

·         In the session ‘Extreme Events and Monsoons and their Applications’ at INTROMET-2014 held at SRM University, Chennai during 21-24 February 2014 for the poster ‘On the high rainfall mechanism over the West Coast and the adjoining Arabian Sea during the monsoon season’ by R.S. Maheskumar, S.G. Narkhedkar, S.B. Morwal, B. Padmakumari, D.R. Kothawale, R.R. Joshi, C.G. Deshpande, R.V. Bhalwankar and J.R. Kulkarni.

 

INTROMET-2014 Second Best Paper Award

 

·         INTROMET-2014 held at SRM University, Chennai  during 21-24 February 2014 for the paper ‘Premonsoon thunderstorm triggered over Pune: inferences from observations and mesoscale model’ by P.P. Leena, G. Pandithurai, K.K. Dani, P. Murugavel, R.D. Ruchith, S. Sakharam and Thara Prabhakaran.

 

INTROMET 2014 Best Paper Award (Oral Presentation)

 

·         Dr. (Smt.) Amita Prabhu received the Best Paper Award including a gold medal and a certificate for the oral presentation of the paper ‘Role of Southern Annular Mode variability on Indian Summer Monsoon in the recent decades’ by Amita Prabhu, R.H. Kripalani and A. Suryachandra Rao at INTROMET 2014 during 21-24 February 2014 at SRM University, Chennai.

 

IMS Biennial Award for the Best Paper Published on Monsoon Research (formerly B.N. Desai Award) during 2011-2012

 

·         For the paper ‘A dynamical comparison of two  recent drought southwest monsoon seasons 2002 and 2009 over India’ by Somenath Dutta, Dr. S.G. Narkhedkar, D.R. Sikka and Sunitha Devi published in the journal Mausam in 2011.

 

First IMS Young Scientist Award for the Best Paper on Tropical Meteorology

 

·         For the paper ‘Model biases in long coupled runs of NCEP CFS in the context of Indian summer monsoon’ by H.S. Chaudhari, S. Pokhrel, S.K. Saha, A.R. Dhakate, R.K. Yadav, K.D. Salunke, S. Mahapatra, C.T. Sabeerali and A.S. Rao published in the International Journal of Climatology, 33, April 2013, 1057-1069.

 

IMS Award for Best Paper Published on Modelling Study on Atmospheric and Oceanic Sciences

(Formerly A.D. Vernekar Award)

 

·         For the paper ‘Experimental real-time multi-model ensemble (MME) prediction of rainfall during monsoon 2008: Large-scale medium-range aspects’ by A.K. Mitra, G.R. Iyengar, V.R. Durai, J. Sanjay, T.N. Krishnamurti, A. Mishra, D.R. Sikka published in the Journal of Earth System Science, 120, February 2011, 27-52.


 

CMT REPORT (Corruption, Money Laundering & Terrorism]

 

The Public Notice information has been collected from various sources including but not limited to: The Courts, India Prisons Service, Interpol, etc.

 

1]         INFORMATION ON DESIGNATED PARTY

No exist designating subject or any of its beneficial owners, controlling shareholders or senior officers as terrorist or terrorist organization or whom notice had been received that all financial transactions involving their assets have been blocked or convicted, found guilty or against whom a judgement or order had been entered in a proceedings for violating money-laundering, anti-corruption or bribery or international economic or anti-terrorism sanction laws or whose assets were seized, blocked, frozen or ordered forfeited for violation of money laundering or international anti-terrorism laws.

 

2]         Court Declaration :

No records exist to suggest that subject is or was the subject of any formal or informal allegations, prosecutions or other official proceeding for making any prohibited payments or other improper payments to government officials for engaging in prohibited transactions or with designated parties.

 

3]         Asset Declaration :

No records exist to suggest that the property or assets of the subject are derived from criminal conduct or a prohibited transaction.

 

4]         Record on Financial Crime :

            Charges or conviction registered against subject:                                                           None

 

5]         Records on Violation of Anti-Corruption Laws :

            Charges or investigation registered against subject:                                                        None

 

6]         Records on Int’l Anti-Money Laundering Laws/Standards :

            Charges or investigation registered against subject:                                                        None

 

7]         Criminal Records

No available information exist that suggest that subject or any of its principals have been formally charged or convicted by a competent governmental authority for any financial crime or under any formal investigation by a competent government authority for any violation of anti-corruption laws or international anti-money laundering laws or standard.

 

8]         Affiliation with Government :

No record exists to suggest that any director or indirect owners, controlling shareholders, director, officer or employee of the company is a government official or a family member or close business associate of a Government official.

 

9]         Compensation Package :

Our market survey revealed that the amount of compensation sought by the subject is fair and reasonable and comparable to compensation paid to others for similar services.

 

10]        Press Report :

            No press reports / filings exists on the subject.


 

CORPORATE GOVERNANCE

 

MIRA INFORM as part of its Due Diligence do provide comments on Corporate Governance to identify management and governance. These factors often have been predictive and in some cases have created vulnerabilities to credit deterioration.

 

Our Governance Assessment focuses principally on the interactions between a company’s management, its Board of Directors, Shareholders and other financial stakeholders.

 

 

CONTRAVENTION

 

Subject is not known to have contravened any existing local laws, regulations or policies that prohibit, restrict or otherwise affect the terms and conditions that could be included in the agreement with the subject.

 

 

FOREIGN EXCHANGE RATES

 

Currency

Unit

Indian Rupees

US Dollar

1

Rs.64.92

UK Pound

1

Rs.101.44

Euro

1

Rs.72.26

 

 

INFORMATION DETAILS

 

Information Gathered by :

NYA

 

 

Analysis Done by :

KIN

 

 

Report Prepared by :

JYTK


 

SCORE & RATING EXPLANATIONS

 

SCORE FACTORS

 

RANGE

POINTS

HISTORY

1~10

6

PAID-UP CAPITAL

1~10

5

OPERATING SCALE

1~10

6

FINANCIAL CONDITION

 

 

--BUSINESS SCALE

1~10

6

--PROFITABILITY

1~10

5

--LIQUIDITY

1~10

6

--LEVERAGE

1~10

6

--RESERVES

1~10

6

--CREDIT LINES

1~10

6

--MARGINS

-5~5

--

DEMERIT POINTS

 

 

--BANK CHARGES

YES/NO

NO

--LITIGATION

YES/NO

NO

--OTHER ADVERSE INFORMATION

YES/NO

NO

MERIT POINTS

 

 

--SOLE DISTRIBUTORSHIP

YES/NO

NO

--EXPORT ACTIVITIES

YES/NO

NO

--AFFILIATION

YES/NO

NO

--LISTED

YES/NO

NO

--OTHER MERIT FACTORS

YES/NO

YES

DEFAULTER

 

 

--RBI

YES/NO

NO

--EPF

YES/NO

NO

TOTAL

 

52

 

This score serves as a reference to assess SC’s credit risk and to set the amount of credit to be extended. It is calculated from a composite of weighted scores obtained from each of the major sections of this report. The assessed factors and their relative weights (as indicated through %) are as follows:

 

Financial condition (40%)            Ownership background (20%)                  Payment record (10%)

Credit history (10%)                   Market trend (10%)                                Operational size (10%)

 


 

RATING EXPLANATIONS

 

 

RATING

STATUS

 

 

PROPOSED CREDIT LINE

>86

Aaa

Possesses an extremely sound financial base with the strongest capability for timely payment of interest and principal sums

 

Unlimited

71-85

Aa

Possesses adequate working capital. No caution needed for credit transaction. It has above average (strong) capability for payment of interest and principal sums

 

Large

56-70

A

Financial & operational base are regarded healthy. General unfavourable factors will not cause fatal effect. Satisfactory capability for payment of interest and principal sums

 

Fairly Large

41-55

Ba

Overall operation is considered normal. Capable to meet normal commitments.

 

Satisfactory

26-40

B

Capability to overcome financial difficulties seems comparatively below average.

 

Small

11-25

Ca

Adverse factors are apparent. Repayment of interest and principal sums in default or expected to be in default upon maturity

 

Limited with full security

<10

C

Absolute credit risk exists. Caution needed to be exercised

 

 

Credit not recommended

--

NB

                                       New Business

 

--

 

PRIVATE & CONFIDENTIAL : This information is provided to you at your request, you having employed MIPL for such purpose. You will use the information as aid only in determining the propriety of giving credit and generally as an aid to your business and for no other purpose. You will hold the information in strict confidence, and shall not reveal it or make it known to the subject persons, firms or corporations or to any other. MIPL does not warrant the correctness of the information as you hold it free of any liability whatsoever. You will be liable to and indemnify MIPL for any loss, damage or expense, occasioned by your breach or non observance of any one, or more of these conditions

This report is issued at your request without any risk and responsibility on the part of MIRA INFORM PRIVATE LIMITED (MIPL) or its officials.