-The Hindu Business Line Apart from easing labour laws and providing a social security net, a focus on clusters with access to land and capital will help Getting micro, small and medium enterprises (MSMEs), who employ 92 per cent of the workforce, to grow more rapidly should be one of the pillars of any strategy for job creation. This year’s Economic Survey does candidly state that “Our policies must, therefore, focus on...
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The corporate tax cut could undermine the promise to cap the fiscal deficit
-The Telegraph A low tax regime is not enough; investors need to see demonstrable action to ease the pangs of doing business in India A wave of euphoria has swept through industry and stock markets since the finance minister, Nirmala Sitharaman, announced a sharp cut in corporate tax to an effective rate of 25.17 per cent. The effective tax rate will now go down sharply from a high of 34.94 per cent,...
More »News majors to fight disinformation
-The Hindu The Hindu joins BBC and others in global campaign against fake narratives The Hindu is partnering with the BBC and other leading global news and technology organisations in a new industry collaboration to tackle disinformation. The collaboration was announced by the BBC and the partners in the early hours of Saturday. Under this collaboration, news and technology majors will work together to protect their audiences and users from disinformation, particularly around...
More »Creating a fair digital payments market -Padmashree Gehl Sampath
-The Hindu Local firms will be at a disadvantage if big tech companies are given plum roles Since early last year, WhatsApp has busily piloted its payment system in India. WhatsApp Pay relies on the Indian government’s Unified Payments Interface (UPI) system to facilitate inter-bank transactions. Regulatory approval that would allow its nation-wide introduction is stuck on one point: the Indian government has asked WhatsApp to localise all data processing related to...
More »CPCB pulls up 52 firms over handling of waste -Jacob Koshy
-The Hindu They have not set collection targets The Central Pollution Control Board (CPCB) has pulled up 52 companies — including Amazon, Flipkart, Danone Foods and Beverages and Patanjali Ayurved Limited — for not specifying a timeline or a plan to collect the plastic waste that results from their business activities. The Plastic Waste Management Rules, 2016, (which was amended in 2018) prescribed by the Union Environment Ministry, says that companies that use...
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