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India Inc looks to govt for stimulus, but fiscal space limited as revenue falters -Aanchal Magazine, Pranav Mukul & Anil Sasi

-The Indian Express The emerging consensus within India Inc. on the need for a government-led stimulus notwithstanding, the Centre has limited fiscal space given the lower tax collections. The Budget was a missed opportunity in terms of signalling reforms New Delhi: India Inc’s clamour for a stimulus to restart the investment cycle points to a near unanimous view within the industry — that government has to do the heavy lifting first...

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Auto sector slowdown hits scrap dealers, micro units in Coimbatore -M Soundariya Preetha

-The Hindu Production in foundries supplying castings to the automobile industry has dropped considerably In Coimbatore, where a large number of industrial units and foundries are working in the automobile sector, the slump in vehicle demand is impacting several businesses indirectly. A micro industry with just two CNC machines, doing job work, used to earn nearly ?10,000 a week from selling scrap. This income has reduced steeply in the last couple of months...

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Business leaders seek Rs 1 trillion govt stimulus to revive economy

-PTI Industry leaders met Finance Minister Nirmala Sitharaman in New Delhi for three hours. Businesses on Thursday asked the government for a stimulus package of over Rs 1 trillion to restart investments and revive the economy. Industry leaders, who met Finance Minister Nirmala Sitharaman in New Delhi for three hours, said the government will soon take action to boost economic growth. "The economy requires a critical intervention by introducing a stimulus package. We have...

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The spirit of mahua -Diya Kohli

-Livemint.com The production of ‘mahua’ is finally entering the formal economy as new initiatives seek to upscale this indigenous drink, selling it across the country and even the globe It is a cloudy morning in Nangur village in Bastar district, Chattisgarh. It is a settlement of a little over 400 families, considered fairly large in these parts. We make a bumpy journey down a narrow, unpaved road intermittently shaded by sargi (sal)...

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Raghav Chandra, secretary of the National Commission for Scheduled Tribes, interviewed by Kumar Sambhav Shrivastava (Scroll.in)

-Scroll.in Raghav Chandra, secretary of the National Commission for Scheduled Tribes, says displaced Adivasis should not only be compensated with money but land as well. The National Commission for Scheduled Tribes has been quite proactive in the last few months. It has prevailed upon the central government to withdraw orders that it thought “diluted” tribal rights, asked states to return “unfairly acquired tribal lands”, and reminded governors of their powers to...

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