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Indian MSMEs yet to reap the benefit of Govt. schemes, says a recent report

A recently released report shows that only a few enterprises belonging to the labour-intensive Micro, Small and Medium Enterprises (MSME) sector could take advantage of the 205 number of public schemes (available in October 2015) of various Ministries or Departments of the Government, as listed at the website www.clusterobservatory.in.   (Please click here to access the report on MSMEs and the challenges they face). Prepared by the Foundation for MSME Clusters...

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India at bottom of hunger pile

-The Telegraph New Delhi: An analysis of hunger levels worldwide released today has ranked India 97 among 118 countries with one in three children in the country facing stunted growth and 15 per cent of the population undernourished from lack of food. The Global Hunger Index 2016, an assessment by the International Food Policy Research Institute (IFPRI), has placed India behind Bangladesh, Nigeria and Rwanda and just ahead of North Korea in...

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Tax on farm income should be limited to growers' with large land holdings: Study -Sanjeeb Mukherjee

-Business Standard Exemptions granted on agri income and subsidies provided by the Centre and states are being cornered by big farmers and corporates The Comptroller and auditor general’s proposed audit of exemptions granted to big corporates, companies and even farmers under the head of agriculture incomes has once again rekindled the debate as to whether farm incomes derived from big companies and large farmers should be taxed. According to an analysis done by...

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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...

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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...

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