-The Economic Times "Are we knowledge-proof?" asked the late Prof Raj Krishna. As memorable as his other coinage, the Hindu rate of growth, this question is relevant, given our current growth strategy. The SME sector is a vibrant part of the economy, accounting for 40% of manufacturing and generating jobson a scale second only to agriculture. The figures are similarly significant for handicrafts and handlooms. According to the Tenth Plan, GDP from handicrafts...
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Retail FDI-for people or MNCs? -Shekhar Swamy
-The Hindu Business Line A system that generates wealth and jobs for millions will be replaced by retail giants with the pricing power to squeeze farmers and consumers. The UPA Government announced its policy last week, of inviting big multinational retailers to come and take over the Indian market. Predictably, the pro-lobby that has worked behind the scenes has expressed delight. Oddly, the words and concerns of the masses who are about to...
More »The Parthasarathi Shome Committee Report-Prabhat Patnaik
-Macroscan.com In his speech introducing the 2012-13 budget, the then Finance Minister Pranab Mukherjee had declared his intention to introduce a General Anti-Avoidance Rule (GAAR) to counter ''aggressive tax avoidance schemes''. What GAAR means is that even if a transaction appears to be legally valid, if it is entered into for the sole purpose of tax avoidance, then the Indian tax authorities can deny tax benefit to the concerned entity. GAAR...
More »Delhi government slaps ban on all gutka products -Naziya Alvi & Durgesh Nandan Jha
-The Times of India Putting health over revenue, the Delhi government on Monday announced a ban on all gutka products in the capital. The ban, which includes sale, manufacture, distribution, transportation, display and storage of these products, is expected to take effect in a day or two. The ban will cover pan masalas containing tobacco and other packaged chewing tobacco products. "Our government was always in favour of putting a ban on gutka...
More »The MLA, the Bajrangi and the others the judgment touched
-The Indian Express Firebrand leader who rose swiftly till downfall She rose swiftly through the ranks, having made her mark as a firebrand leader who had saffron politics as part of her legacy. Mayaben Surendrabhai Kodnani, convicted of murder, conspiracy and spreading communal hatred, is the daughter of a staunch RSS worker who had suffered the pains of Partition, moving from Tharparkar in Sind province to Deesa in Gujarat. Kodnani, the first sitting...
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