-Business Today MSMEs don't want the government to impose tariffs that will make buying raw materials from China difficult - all other countries sell lot more expensive * Higher tariff on key raw materials from China will raise input cost by 10-40% for MSMEs * Industry bodies want the government to chart out long-term plan for gradual import substitution * Ad-hoc measures like raising tariff and putting trade barriers could end up hurting local...
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How To Enable MSMEs To Recover From The Lockdown -Shreehari Paliath
-IndiaSpend.com Bengaluru: In the aftermath of the COVID-19 epidemic and two months of stringent lockdown, India now faces the crises of unemployment and business closure, particularly in the micro, small and medium enterprise (MSMEs) sector. A new report by the Council on Energy, Environment and Water (CEEW) and the National Institute of Public Finance and Policy (NIPFP) has proposed that MSME recovery can be speeded along by: * Identifying micro, small and...
More »The War on Labour Will Blow Down the Economy -Prabhat Patnaik
-Newsclick.in The suspension of labour laws by BJP governments promotes corporate interests at the expense, not just of workers, but the rest of society, including Small businesses and petty producers. Even as millions of migrant workers are wearily trudging back to their villages with no money, no food and no shelter, or are locked up en route in shoddy quarantine camps, a war has been unleashed on the rights of workers under...
More »US-India trade deal, a threat to dairy sector -Yashobanta Parida & Parul Bhardwaj
-The Hindu Business Line Opening up the dairy market to the US will place India at an economic disadvantage and hurt small farmers, businesses in the sector The upcoming visit of US President Donald Trump to India may see the contours of the Indo-US deal being finalised in specific sectors, which is also likely to include allowing for market access for US dairy products in India. This move is likely to have...
More »Listing LIC could make its investments riskier -Aunindyo Chakravarty
-The Tribune LIC is India’s biggest stock-market investor. Once listed, it might be tempted to increase its exposure to equities. We know what that did to India’s most popular mutual fund in the late 1990s. UTI’s US-64 collapsed because it had made too many risky investments. Most of 20 crore small investors never recovered investments A few years ago, I was part of a jury to select the best businesses in India...
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