-The Indian Express MGNREGA is not the best instrument to help MSMEs in urban and rural areas. Mixing up its objectives can only lead to chaos with no value addition Newspaper reports suggest that a Group of Ministers (GoM) on employment, whose report is not yet available in the public domain, has made draft recommendations including some on MGNREGA. Their suggestions include merging MGNREGA with skill development programmes and using its funds...
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Govt's plan for PSUs to procure from Dalit SMEs fails to take off -P Vaidyanathan Iyer
-The Indian Express In 2017-18, Central PSUs bought Rs 543.86 crore worth goods and services from SC/ST enterprises, accounting for just 0.46% of their total procurement of Rs 1,16,837.27 crore. New Delhi: The government’s ambitious plan to get Central PSUs to make 4% of their procurement from Dalit enterprises has not made much headway over the last six years. In 2017-18, Central PSUs bought Rs 543.86 crore worth goods and services from...
More »Govt planning steps to ease GST compliance burden on SMEs: Hasmukh Adhia -Gireesh Chandra Prasad
-Livemint.com The simplification process may result in some readjustment of GST rates, including a possible reduction in tax of some items that are in the highest tax slab of 28% New Delhi: Policymakers are considering steps to ease the compliance burden related to the goods and services tax (GST) on small businesses and to make product classification for taxation less complicated, said revenue secretary Hasmukh Adhia. The simplification process may result in some...
More »It's lonely on the ground -Christophe Jaffrelot & Basim U Nissa
-The Indian Express RTI Act needs to be protected against attempts to dilute it. RTI activists must be made less vulnerable In April, the government of India proposed amendments to the RTI Act, one of the most empowering pieces of legislation inherited from the UPA era. The most controversial amendment pertained to Rule 12. It would allow the withdrawal of an application in case of the applicant’s death, making the job of...
More »Demonetisation: 35 per cent job losses, 50 per cent revenue dip, says study by largest organisation of manufacturers -Arun Janardhanan
-The Indian Express The study, conducted by AIMO, has also projected a drop in employment of 60 per cent and loss in revenue of 55 per cent before March 2017. Chennai: IN THE first 34 days since demonetisation, micro-small scale industries suffered 35 per cent jobs losses and a 50 per cent dip in revenue, according to a study conducted by India’s largest organisation of manufacturers. The study, conducted by the All...
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