A recently released report shows that only a few enterprises belonging to the labour-intensive Micro, Small and Medium Enterprises (MSME) sector could take advantage of the 205 number of public schemes (available in October 2015) of various Ministries or Departments of the Government, as listed at the website www.clusterobservatory.in. (Please click here to access the report on MSMEs and the challenges they face). Prepared by the Foundation for MSME Clusters...
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How Tamil Nadu's rural industry model can keep farm unrest at bay -Harish Damodaran
-The Indian Express Decentralised industrialisation, entrepreneurship from below have been absent in states that have seen recent unrest among agrarian communities. “The soil here is very saline with electrical conductivity value of 9. We can grow only chloride-loving crops like coconut and the MR-2 variety of mulberry.” That was Tamil Selvi, recently telling this correspondent about the 5.75-acre land farmed by her father Natarajan Gounder at Velayuthagoundanpudur, a small village around 25...
More »Why restrictions on stockholding and export of pulses must go -Harish Damodaran
-The Indian Express Govt must learn from mistakes in onions and potatoes, agriculture should be spared of bearing the burden of its inflation targeting. Last week, Union Commerce Minister Nirmala Sitharaman announced a 5% subsidy on onion exports in the form of transferable duty credit scrips that can be used to pay customs, excise or service tax. On top of it, the Maharashtra government extended a Rs 100 per quintal grant to...
More »Priyanka Kishore, Lead Asia Economist at Oxford Economics, speaks to Sarika Malhotra (Business Today)
-Business Today Priyanka Kishore, Lead Asia Economist at Oxford Economics tells Business Today why India's GDP may well not be 7 per cent. Excerpts from an interview. * What were the reasons that prompted you to relook at India's growth numbers? India announced a revamped GDP series in early 2015, based on the requirements of the 2008 System of National Accounts (SNA). The new method made substantial changes to both the estimation and...
More »How to be a model State again -Jayan Jose Thomas
-The Hindu Kerala today is not generating enough jobs to meet the expectations of educated Keralites entering the labour market. Changing this is vital and doable Kerala’s development model is in focus yet again as the newly elected Left Democratic Front government is in the process of evolving a vision for the State’s economy. On the one hand, Kerala has made spectacular achievements in land reforms, education, and health since its formation. Amartya...
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