-PTI/ The Hindu Business Line Union Minister Nitin Gadkari on Thursday said that micro, small and medium enterprises (MSME) sector is on the verge of collapse, and urged major industries to release the outstanding dues to such companies within a month. He said that the position of MSMEs was the “worst” as they were now engaged in a “battle for their survival”. The Minister also noted that the pendency of dues owed...
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How Pervasive Are Modi Govt Cutbacks on Job Schemes -Bharat Dogra
-Newsclick.in Directly or indirectly, the government seems uninterested in creating jobs. At a time of widespread and intense concern about the worst unemployment situation in 45 years and all the distress and discontent that accompanies it, one would have expected the Union government to put job-creation at the top of its priority-list. One of the most obvious and direct ways to do this would be to expand its own schemes and programmes...
More »Air pollution: MPs urge govts not to blame farmers alone
-The Hindu Business Line New Delhi: The ruling and treasury benches in Lok Sabha came in one voice against portraying small and medium farmers as villains behind the air pollution in Delhi. They urged the governments to look at the main pollutants such as industries, vehicles and dust and stop putting the entire blame on farmers. Various suggestions The members were participating in a discussion on pollution and climate change here on Tuesday....
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 »Dr. Manmohan Singh, former Prime Minister of India, interviewed by Richa Mishra (The Hindu Business Line)
-The Hindu Business Line The government must simplify and rationalise GST, kickstart rural consumption, revive agriculture and tackle the lack of credit for capital creation, says former PM Former Prime Minister Manmohan Singh, an eminent economist himself, feels that the Narendra Modi-led government needs to come out of its habit of headline management and address the economic challenges which the country is facing today. “We cannot afford to deny that India is facing...
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