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OBC entrepreneurs own nearly 30% of India’s MSMEs -T Ramakrishnan

-The Hindu Around 41% of OBC-owned units are located in Tamil Nadu, Maharashtra, and Rajasthan. Chennai: Other Backward Classes (OBC) own nearly 30% of micro, small and medium enterprises (MSME) in the country.  As on March 31, 2022, the number of MSMEs owned by OBCs was 23.31 lakh units, out of a total of about 80.16 lakh units in the country.  Of the OBC-owned units, around 41% are located in three States —...

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Chief economic adviser flags US rate hikes, oil prices as headwinds for Indian economy -Shubham Batra

-ThePrint.in V. Anantha Nageswaran says he is surprised by Fed's hawkishness in hiking rates. With US inflation hitting 4-decade high in February, Fed raised rates in March and plans more hikes. New Delhi: Expectations of the United States Federal Reserve hiking rates aggressively in 2022-23 to contain inflation, and volatility in global crude oil prices as result of the Russian invasion of Ukraine, are two strong headwinds confronting the Indian economy in...

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Return of office work spells misery for women workers -Devina Sengupta

-Livemint.com 7 out of 10 women plan to leave their current jobs due to lack of flexibility, says LinkedIn report MUMBAI: The adoption of rigid back-to-office policies by several companies in India will hit their women workers and reduce their diversity ratios, a LinkedIn report said. In an exclusive study shared with Mint, the professional networking site said that seven out of 10 working women have left a job or are considering...

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Guess who’s afraid of CAA-tested student power on campus? -Basant Kumar Mohanty

-The Telegraph First-year undergraduate and postgraduate candidates of Jamia Millia Islamia began a boycott of their online classes on Monday Most first-year undergraduate and postgraduate students of Jamia Millia Islamia began a boycott of their online classes on Monday, demanding reopening of physical classes amid a widespread feeling that the Centre wants them to stay away from a campus it deems troublesome. Some commentators had earlier expressed fears elsewhere that autocratic regimes could...

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Is the govt. doing enough for the Jan Aushadhi scheme?

On Janaushadhi Diwas this year (i.e., March 7th, 2022), Prime Minister Shri Narendra Modi stated that the poor and the middle-class benefited from the 'Jan Aushadhi Kendras' that were set up to provide generic drugs at affordable prices. He said that the poor and the middle class saved around Rs.13,000 crore through these stores during the COVID-19 pandemic. In the wake of COVID 19 crisis, the 'Bureau of Pharma PSUs of India'...

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