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West Bengal emerges as the leader in generating SME jobs: assocham-Sutanuka Ghosal

-The Economic Times KOLKATA: With over 43,000 jobs generated in the small and medium enterprises (SMEs) sector between April 2011 and up to February 15, 2012, West Bengal has emerged as a front-runner state to facilitate growth in the SMEs sector, apex industry body assocham said on Tuesday. Utilizing the margin subsidy money worth Rs 52.49 crore, the state of West Bengal assisted about 5,290 SME units across the state, according to...

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Taking baby steps-Divya Trivedi

-The Hindu While government pushes for affirmative action in private industry, players differ on the methodology to be followed Even as P.L. Punia, Chairman, National Commission for Scheduled Castes said that reservations for marginalised communities in the private sphere should be mandated, industry members differed on the strategy for affirmative action. While everybody acknowledged the problems faced by marginalised communities and the need to find solutions, they did not agree on the way...

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New water usage norms to encourage conservation

-The Economic Times The government plans to intervene in the use of water by industries and encourage conservation of the increasingly scarce resource by setting up a 'bureau of water-use efficiency' to grade various sectors and issue guidelines, official sources said.  "We'll start with the industries and analyse whether they are water friendly or not," said a senior official at the ministry of water resources.  For this, the ministry has roped in industrial...

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Water purifier industry to reach Rs 7,000 cr by 2015

-PTI A whopping 70% of maladies in India are waterborne owing to poor water quality: study Water purifier market in India is likely to touch Rs 7,000 crore by 2015 from the current level of about Rs 3,200 crore, an assocham study has said. Water purifier segment in India is growing at a compounded annual growth rate of about 25% and is largely driven by rising sales of low-cost variants triggered by...

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Rich club parallel in hands-off land advice-Basant Kumar Mohanty

A parliamentary panel has cited the practice in developed countries to reject a key provision in the land acquisition bill allowing the government to acquire plots for private companies. The committee said in the US, Japan and Canada, land is purchased by private enterprises, not acquired by the state. Why should India continue this “anomalous practice”, asked the parliamentary standing committee on rural development in its report on the Land Acquisition,...

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