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MSME definition to be modified, FISME calls for suggestions -Ananya Upadhyaya

-Financial Express Due to the steep rise in raw material prices, many small enterprises have crossed the threshold of small enterprises and graduated to medium, making them ineligible for government subsidies. Federation of Indian Micro and Small & Medium Enterprises (FISME) is calling for suggestions to put before the central government as they seek to revise the definition of Micro, Small and Medium Enterprises (MSMEs) in the country. The criteria for Udyam...

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India’s ‘salaried class’ shrank during Covid, Muslims hit hardest, govt data suggests -Nikhil Rampal

-ThePrint.in India’s salaried class shrank by 2.7 percentage points during pandemic, govt’s Periodic Labour Force Survey (PLFS) shows. But data for religious minorities, women is even bleaker. New Delhi: There’s much to lament in India’s post-Covid job market, where recovery has been painfully slow. However, government data suggests that when it comes to the salaried sector, the participation of religious minorities — Muslims, Sikhs, and Christians, in that order — has been...

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Wholesale Price Inflation Eases To 13.93% In July

-PTI/ NDTV The Wholesale Price Index-based inflation was 15.18 per cent last month and at a record high of 15.88 per cent in May. New Delhi: The wholesale price-based inflation eased to 13.93 per cent in July on easing prices of food articles and manufactured products. The Wholesale Price Index-based inflation was 15.18 per cent last month and at a record high of 15.88 per cent in May. It was 11.57 per cent in...

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India's female employment set to rise but may not be transformational

-Moneycontrol.com India’s low level of female participation is due to two major structural factors: more young women staying in education and a historic failure to implement labour market reforms and develop a strong manufacturing base. India’s female employment is set to rise over the coming years but may not be transformational, Capital Economics said in a note, after Prime Minister Narendra Modi focussed on women’s power in his Independence Day address. “We agree...

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More women in the labour force must not lead us to complacency -Sona Mitra and Bidisha Mondal

-Livemint.com It’s a pandemic-related rise and we still need an ecosystem of enablers that can lighten the domestic commitments of women The female labour force participation rate (FLFPR) in India has witnessed an increase, as per the Periodic Labour Force Survey released by the National Statistical Office (NSO) covering June 2020 to July 2021. The figure in the period stands at 25.1%, far better than the 17% in 2017-18. While this is...

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