-The Indian Express It is the rural middle class — which experienced a roughly four-decade spell of prosperity from the 1970s and now has its back to the wall — that’s at the forefront of the agitation against the farm reform laws. Prime Minister Narendra Modi has defended his government’s agricultural reform laws by invoking Chaudhary Charan Singh and pointing to the “dayaniya sthiti (sorry plight)” of marginal farmers. These below-one-hectare cultivators...
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RSS-affiliate Swadeshi Jagran Manch alleges ‘nexus’ in retail trade
-The Hindu The SJM resolution repeatedly referred to the Reliance Industries’ foray into the retail sector and warned that local kirana stores would be transformed into fulfilment centres for Jio Mart. The Swadeshi Jagran Manch (SJM) on December 13 demanded that the government not allow a “nexus” of multinational companies and large Indian business houses such as Reliance Industries to dominate the retail industry in the country as it would lead to...
More »Economic slowdown hits Bengaluru hard; layoffs, pay cuts up to 30 per cent -Ashwini M Sripad
-The New Indian Express BENGALURU: The economic slowdown has not just affected big industries, but also medium and Small Scale Industries, with several firms in Bengaluru either sacking their employees in large numbers or asking them to continue with up to 30 per cent cut in salaries. Several affected employees have approached the State Labour Department seeking directions to their companies to protect their jobs and their salaries. Labour Minister S Suresh...
More »Slowdown may render 30 lakh MSME workers jobless: KASSIA
-The Hindu Karnataka has over 6,00,000 small industries that employ over 70 lakh people Bengaluru: If the Union government fails to come up with precautionary measures to minimise the impact of the economic slowdown on the MSME (Micro Small & Medium Enterprises) sector, at least 30 lakh people will go jobless in Karnataka, cautions industry apex body, KASSIA (Karnataka Small Scale Industries Association). “The recession is no more a fear, but a...
More »Dharavi Small Units on the Brink of Disaster -Amey Tirodkar
-The Hindu Known as world's largest slum, Dharavi has another less known but more important identity. It is one of the most industrious localities in Mumbai, with small units of leather, garment, plastic and even bakery shops. Post-demonetisation, this huge production house is facing acute financial stress. Rahul Ingale, 32, is depressed. Sitting in his shop in Shastri Nagar of Dharavi, Mumbai, Ingale, who deals in the leather market, is facing a...
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