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Why do MSMEs rarely get compound interest on delayed payment claims? -Vivek Sharma

-TheLeaflet.in Explaining the predicament of Micro, Small and Medium Enterprises (MSMEs) when opting for payment claims under the MSME Development Act, 2006, VIVEK SHARMA writes about why, in practice, the statutory compound interest enshrined in the law is rarely executed, and offers suggestions to bolster the law and secure the interests of MSMEs in this regard. MICRO, Small and Medium Enterprises (MSMEs) play a significant role in India’s GDP and export story....

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The outdated nature of bureaucracy -Zubair Nazeer

-The Hindu The public sector, private players and civil society should all work together for public service delivery COVID-19 has tested the resilience of all public Institutions. Despite its efforts, bureaucracy has emerged as a major concern for the ineffective response to the COVID-19 crisis. This inadequacy is the reflection of the outdated nature of public bureaucracy. In the 21st century, democratic countries are still relying on traditional bureaucracies to perform public policy...

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Without Addressing Legacy Issues, Can Digitising Land Records in India Be a Game Changer? -Sandip Chowdhury

-TheWire.in For millions of rural families who still lack access to good internet connectivity or are computer illiterate, the programme may end up increasing out-of-pocket expenses. As part of the Digital India Land Records Modernisation Programme (DILRMP), the central government intends to create an Aadhaar-like unique identification for every land parcel in the country. The initiative named Unique Land Parcel Identification Number (ULPIN) will assign a geo-referenced 14-digit alphanumeric unique ID for...

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On Covid patents waiver, health cannot be held hostage to profit -Rajshree Chandra

-The Indian Express Innovation in vaccine production can have an impact only if it is accessible to all. Patents and access to life-saving drugs has always been an emotive and contentious issue. The right to healthy life is a moral minimum, and to find a rational basis to deny it is deeply offensive to the idea of life itself. At the same time, pharma corporations and Institutions claim patents are a just...

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How historical caste privilege became modern-day ‘merit’ -Dipayan Pal

-The Indian Express In a nation where access to education remains a fundamental issue and where an individual’s success largely depends on access to resources, shaped by socio-economic and caste advantages, 'merit' is just another form of discrimination. While a public health crisis grips the nation, the recent incident at IIT Kharagpur where a professor named Seema Singh at the Department of Humanities and Social Sciences allegedly made casteist slurs during a...

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