-The Financial Express Ahmedabad: With production having slowed down to about 50% for most micro, small and medium enterprises (MSMEs) since the demonetisation of R500 and R1,000 notes by the Centre, a spectre of unrest is beginning to haunt labour-intensive sectors such as the textile and chemicals units in Gujarat. “There are two lakh registered MSME units in Gujarat, several of which form ancillary units for the textile industry such as for...
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In fact: When the money stops -Harish Damodaran
-The Indian Express The effects of de-monetisation will be the most acute when it spreads from consumption in households to production in factories and by farmers across the country. So far, the effects of Prime Minister Narendra Modi’s ‘de-monetisation’ of existing Rs 500 and Rs 1,000 denomination currency notes have been largely felt by households, shopkeepers and other microenterprises. These economic agents have, to a limited extent, adjusted to the new situation...
More »No country for a child -Preeti Mehra
-The Hindu Business Line By allowing children to work in family enterprises, amendments to the Child Labour Act have made them more vulnerable to exploitation. Tracking the issue will be more difficult, writes Preeti Mehra When the two houses of Parliament put their stamp on a few amendments to the Child Labour (Prohibition and Regulation) Act 1986 a couple of months ago, they also signed away the dignity of children and the...
More »Centre rethinks plan to widen EPF coverage -Somesh Jha
-The Hindu Industry had opposed the move as it may hurt small factories financially New Delhi: The centre is reconsidering a plan to widen the social security net for workers by bringing more factories under the provident fund coverage. The Cabinet Secretariat has pointed out a few contradictions in the Labour Ministry’s proposal to amend the Employees’ Provident Fund and Miscellaneous Provisions Act of 1952, senior labour ministry officials said. The Labour Ministry had...
More »How Tamil Nadu's rural industry model can keep farm unrest at bay -Harish Damodaran
-The Indian Express Decentralised industrialisation, entrepreneurship from below have been absent in states that have seen recent unrest among agrarian communities. “The soil here is very saline with electrical conductivity value of 9. We can grow only chloride-loving crops like coconut and the MR-2 variety of mulberry.” That was Tamil Selvi, recently telling this correspondent about the 5.75-acre land farmed by her father Natarajan Gounder at Velayuthagoundanpudur, a small village around 25...
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