-The Hindu The unorganised manufacturing sector should be reoriented towards non-household units to provide efficiency gains. Ever since E.F. Schumacher, a British economist, published in 1973 his book Small is Beautiful, implying that small units are better in terms of performance indicators and labour absorption, several studies have endorsed the same idea and argued in favour of promoting small units. Stretching the argument a little further, it may be emphasised that small...

-Hindustan Times Plight of the migrants: Jobless labourers return home after demonetisation Twenty-three-year-old Avinash Kumar is planning to postpone his sister’s marriage. The money he had saved, working at a sweatshop in New Delhi’s Mongolpuri, is all but gone. Kumar lost his job in about two weeks from the time Prime Minister Narendra Modi announced a ban on Rs 500 and Rs 1,000 notes, in a move that he termed as the biggest-ever...

-The Indian Express Banks are now caught in a dilemma even as they stare at a decline in loan growth — considering the surge in deposits since November 9. Mumbai: Struggling to cope with bad loans and the aftermath of the demonetisation decision, Indian banks have taken a hit on lending. Loan growth plunged by Rs 1 lakh crore in the fortnight that ended November 25, according to estimates. According to...

-Caravan Magazine On 8 November 2016, Prime Minister Narendra Modi made an announcement declaring that notes of Rs 500 and Rs 1,000 would not be legal tender as a part of his government’s policy to clamp down on counterfeiting and black money. It has been widely reported that this policy would directly impact the real-estate sector, which typically witnesses a significant amount of transactions that are made through cash to avoid...

-The Hindu Biodiversity integration into developmental plans is crucial for sustainable development In a ‘Mann Ki Baat’ broadcast recently, Prime Minister Narendra Modi made his environmental concerns clear when he asked people to use Ganesha and Durga idols made of clay instead of plaster of Paris. His appeal is bound to stimulate our environmental consciousness and encourage the preservation of precious natural resources. We need to build on this appeal and follow...