-The Indian Express Overall, the RTI responses show, 24 PSUs gave Rs 1 crore or more to the fund from staff salaries. New Delhi: APART FROM over Rs 2,400 crore in Corporate Social Responsibility (CSR) funds, over 100 PSUs from across sectors have together contributed nearly Rs 155 crore from staff salaries to the Prime Minister’s Citizen Assistance and Relief in Emergency Situations (PM CARES) fund, RTI records accessed by The Indian...
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Is India heading towards Reliance's monopoly in retail space? Find out CCI Chairman's views -Dipak Mondal
-BusinessToday.in While fate of RIL's Future Retail acquisition remains uncertain after Amazon got an interim arbitration order against that transaction, consolidation in retail space has raised murmurs of growing monopoly of the company in retail and some other sectors Urban Ladder is the latest company in the retail space to be acquired by Reliance Retail. This comes close on the heels of its big ticket acquisition of Future Retail. While the fate...
More »Will India's Contract Farming Ordinance Be a Corporate Lifeline for Agriculture? -Siraj Hussain
-TheWire.in Even though India has had a few relatively successful models, contract farming has failed to take off in a meaningful manner. Of the three agriculture-related ordinances promulgated on June 5, 2020, the most predictable was ‘The Farmers (Empowerment and Protection) Agreement on Price Assurance and Farm Services Ordinance, 2020’. Put simply, it provides a legal basis to the existing practice of contract farming in India’s agriculture and allied sectors. In 2018, the Union...
More »The Modi Sarkar’s Project for India’s Informal Economy -Barbara Harriss-White
-TheWire.in From demonetisation to GST and now the lockdown, the government's policies towards the 'unorganised sector' has spelt nothing but rack and ruin. What has the BJP-led government of Narendra Modi done since 2014 that does not suggest it wishes to destroy the informal economy, also known as the unorganised sector? While the ‘unorganised’ informal economy now accounts for roughly half of India’s GDP – and is shrinking relative to the share of...
More »Second stimulus: Govt plans targeting based on need, MSMEs to begin with -Aanchal Magazine & Sunny Verma
-The Indian Express PM wary of open-ended provisions: Fund for MSME with guarantee likely. AS the Covid pandemic and the prolonged lockdown batter all sectors of the economy, the government, sources said, is working on a rescue package that, for now, may address the needs of the micro, small and medium enterprise (MSME) segment rather than the larger corporate sector. More than six meetings have been held at the Prime Minister’s Office —...
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