-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...

-The Hindu Business Line The vague legal definition of ‘worker’ sabotages inclusive and eligible delivery of welfare to all workers during the pandemic The Covid-19 health emergency has disrupted trade, mobility and livelihood in unimaginable ways. The magnitude of the crisis grows manifold when social and economic shutdowns accompany it, and the uncertainties of livelihood, wage loss and lay-offs might last longer than expected as Covid-19 has hit almost all sectors. To...

-The Hindu Business Line Trade body says government should focus on boosting oilseeds output for self-sufficiency Bengaluru: As demand takes a beating and imports slump amidst a bearish price trend, the edible oil sector feels the Centre should launch the national mission on edible oilseeds to boost domestic production and achieve self-sufficiency. India depends on imports to meet about 70 per cent of its edible oil requirement, estimated at around 23 million tonnes....

-The Hindu It fails to note there are likely overlaps in groups of recipients The Centre has wrongly claimed that 39.28 crore poor people have received financial assistance of ₹34,800 under its Pradhan Mantri Garib Kalyan package so far. A fact check shows that the correct figure is 33.71 crore beneficiaries. Please click here to read more. ...

-The Hindu The economic crisis can be overcome only by raising the consumption of and investment for the poor Impoverishment among English workers during the early years of the Industrial Revolution had prompted Leicester framework knitters to frame this resolution in 1817: “… if liberal Wages were given to the Mechanics in general throughout the Country, the Home Consumption of our Manufactures would be immediately more than doubled, and consequently every hand...