-The Hindu Business Line NITI Aayog’s document sets out economic goals, but there’s no roadmap The NITI Aayog’s Strategy for New India @75 lays out a checklist of priorities for economic policy-makers over the next three years. It sets out as an immediate priority, the ramping up of the investment rate to 36 per cent of the GDP by 2022, from 29 per cent at present in order to hit a growth...
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Farmers and others -Christophe Jaffrelot
-The Indian Express Will the kisan take care of interests of landless peasants as well? In the aftermath of the demonstrations by farmers in the name of agricultural prices and loan waiving, it is important to remember that village India also comprises of landless peasants who have nothing to sell on the market and have never gone to a bank. Their condition has deteriorated, too, as a result not only of the...
More »Centre revives plan to check e-tailers' discounts, freebies -Sidhartha
-The Times of India NEW DELHI: The government has revived plans to put e-commerce players on a tight leash, including imposing checks on discounting and unbridled cashbacks and freebies, in a bid to clamp down on “predatory behaviour”. Sources told TOI that the commerce and industry ministry is looking at ways to strengthen the e-commerce sector while safeguarding the interests of domestic retailers. Many of them are complaining about serious loss of...
More »Dip in jobs, profits for MSMEs; noteban, GST to blame: Survey -Arun Janardhanan
-The Indian Express While job loss was reported at the rate of 43% in the trader segment, micro-segments reported job losses of 32%, small segments reported 35% and medium-scale industries reported 24% job losses. Traders and micro, small and medium enterprises (MSMEs) across the country have reported steady job loss and declining profits since 2014 and demonetisation, the roll-out of GST are among the reasons for the slowdown, according to a...
More »Traders, MSMEs saw 3.5 mn job losses due to note ban, GST, other factors -TE Narasimhan & Gireesh Babu
-Business Standard Among various solutions, AIMO pushed for the supply of raw materials such as steel and aluminium to MSMEs at a lower subsidised cost Chennai: The TMSME (Traders, micro, small and medium enterprises) sector has seen a loss of around 3.5 million jobs in the past 4.5 years, according to a survey conducted by the All India Manufacturers Organisation (AIMO). demonetisation and the goods and services tax (GST) are the main...
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