-TheLeaflet.in Explaining the predicament of Micro, Small and Medium Enterprises (MSMEs) when opting for payment claims under the MSME Development Act, 2006, VIVEK SHARMA writes about why, in practice, the statutory compound interest enshrined in the law is rarely executed, and offers suggestions to bolster the law and secure the interests of MSMEs in this regard. MICRO, Small and Medium Enterprises (MSMEs) play a significant role in India’s GDP and export story....
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India learns a bitter lesson for disregarding crucial warnings and recommendations on Covid-19
In the month of April this year, there has been an unprecedented upsurge in daily new cases and daily new deaths in the country due to Covid-19. States, which reported large increases in daily new cases and daily new deaths, are Maharashtra, Kerala, Karnataka, Delhi and Uttar Pradesh, to name but a few. Data accessed from https://www.covid19india.org/, which is a crowdsourced platform and an independent aggregator of daily Covid-19 figures and...
More »A Long Food Movement: Transforming Food Systems by 2045
-Press release by International Panel of Experts on Sustainable Food Systems dated 30th March, 2021 * New report sounds alarm on control of food tech, farming data, and corporate takeover of UN multilateral agencies. * Civil society and social movements can fight back, boosting post-pandemic resilience, slashing agriculture’s GHG emissions by 75%, and shifting $4 trillion to sustainable food and farming. The future planned by agribusiness giants could accelerate environmental breakdown and jeopardize...
More »Lest We Forget: One Year After the Labour and Migration Crisis
-Press release by Working Peoples Charter (WPC) Network dated 23rd March, 2021 A statement on the condition of India’s migrant workforce one year after the COVID-19 lockdowns 24 March marks the anniversary of India’s harsh nationwide COVID-19 lockdown when we witnessed an unparalleled impact on the country’s poor, particularly internal migrants who comprise a 140 million-strong workforce. In 2020, India saw the largest urban-rural exodus in its history, with millions of workers...
More »Tax exemptions and incentives for the corporate sector continue despite reduction in corporate tax rates
Quite often it is argued by mainstream economists that a sizeable chunk of the Union Budget every year is wasted because the Government spends that on food and fertiliser subsidies. The burgeoning size of these two subsidies relative to the entire budget as well as the gross domestic product (GDP) is often used to build the argument that economic as well as environmental sustainability of the country is at stake...
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