-The Economic Times NEW DELHI: The government will have a brand new set of employment numbers to flash before the next general elections in 2019, which will highlight job creation. Under the first of its kind massive survey, which starts on the first week of April, the government wants to track employment generation in micro, small and medium enterprises that are currently out of the coverage of the social security net. The survey...
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7 lakh 'lose' jobs in khadi industry, but production goes up by 32% -Radheshyam Jadhav
-The Times of India Are people working in khadi industries leaving their jobs in droves? The official figures seem to suggest so. Data recently provided by the ministry of micro, small and medium enterprises to the Lok Sabha shows that the number of people employed in the khadi sector fell from 11.6 lakh to 4.6 lakh between 2015-16 and 2016-17. A closer look suggests that at least some of this may be...
More »Fabindia sued for Rs 525 crore by Khadi commission for using the 'khadi' tag 'illegally'
-PTI The Khadi and Village Industries Commission (KVIC) has sent a legal notice to Fabindia, a chain of ethnic wear retail outlets, demanding a whopping Rs 525 crore in damages for 'illegally' using its trademark 'charkha' and selling apparels with the 'khadi' tag. The KVIC, according to the legal notice, has also threatened to launch legal proceedings against Fabindia Overseas Pvt. Ltd. if it does not desist from displaying the trademark...
More »Punjab industry gives thumbs down to Arun Jaitley's Union Budget -Mohammad Ghazali
-Hindustan Times The industry termed it a populist budget to reap electoral gains. Ludhiana: The industry in Ludhiana found nothing to cheer about in the Union Budget presented by finance minister Arun Jaitley on Thursday. Industrialists and traders from across the city, often called the Manchester of India, were expecting tax relief and sops for micro, small and medium enterprises. President of the Federation of Industrial and Commercial Organization Gurmeet Singh Kulhar said...
More »Where's the money, Mr Jaitley? -Jayati Ghosh
-The Indian Express There are grand promises. But the actual increases in budgetary outlays are shockingly low. This government is especially good at optics, at managing public perceptions to persuade people that it is working for them, rather than doing so. So it is no surprise that Arun Jaitley’s pre-election budget speech went on about how much his government cares for the people, the poor, for farmers, for women, for people...
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