-Scroll.in Entrepreneurs from the Scheduled Caste category own 6.8% of these enterprises, while those in the Scheduled Tribe category own just 2.1% of them. People belonging to the general category own 61.8% of all the micro, small and medium enterprises in India, The Hindu reported on Wednesday, citing government data. The Mandal Commission, which looked into the question of Other Backward Class reservation, has defined general category as groups that are “socially and...
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India’s economy and the challenge of informality -R Nagaraj and Radhicka Kapoor
-The Hindu Policy efforts to formalise the economy will have limited results as the bulk of informal units are petty producers Since 2016, the Government has made several efforts to formalise the economy. Currency demonetisation, introduction of the Goods and Services Tax (GST), digitalisation of financial transactions and enrolment of informal sector workers on numerous government Internet portals are all meant to encourage the formalisation of the economy. But why the impetus...
More »Micro and small-scale units appeal against restrictions -M Soundariya Preetha
-The Hindu In the last few months, the industries have seen 30% to 40% fall in orders Coimbatore: Micro and small-scale enterprises here have appealed to the Central and State governments not to re-introduce restrictions even as COVID-19 cases rise in the country. Coimbatore District Small Industries Association president M.V. Ramesh Babu said the raw material prices have seen a slight drop and workers are available for the current level of orders. In...
More »Second wave wreaking havoc on rural lives. Will it impact rural livelihoods as well?
With the rise in Covid-19 daily new cases and daily new deaths since March this year, media reports (please click here and here) on migrant workers returning back to their native places (i.e. places of origin) from migration destinations (i.e. workplaces likes cities and large industrial towns to where the informal and low skilled workers from the marginalised sections of the society migrate seasonally, and sometimes for a longer duration,...
More »Industry hit in Kerala as workers from West Bengal, Assam leave for voting -MP Praveen
-The Hindu Labourers from West Bengal, Assam have gone home to exercise their franchise Kochi: Kabir Ahmad (name changed), a migrant worker in Perumbavoor, had to spend a small fortune on a flight ticket to return home to Hojai district of Assam last month following his parents’ anguished plea to get back in time for voting. Their desperation was borne out of the perceived danger posed to the community by the National...
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