-Newsclick.in It is easy to see why Dalit entrepreneurs get celebrated, but the market is not casteless, as the media projects. Chandra Bhan Prasad, a noted advocate of entrepreneurship as a way to emancipate Dalits, acknowledged in a recent interview that capitalism breeds inequality. Prasad and the Dalit Indian Chamber of Commerce and Industry (DICCI), an organisation he supports and promotes, posit Dalit capitalism as an emancipatory tool. DICCI has steered Dalit-run...
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Job growth at a snail’s pace -Santosh Mehrotra
-The Hindu For jobs to grow, consumer demand has to improve consistently. This can only happen with an industrial policy, which India has not had since 1991 There will be no demographic dividend without growth in industrial and service sector jobs. The underlying logic behind a dividend is that as jobs grow, incomes rise and so do savings. Based on higher savings, the investment rate to GDP grows, resulting in faster GDP...
More »Policy in place but PSUs procure very little from Dalit enterprises -P Vaidyanathan Iyer
-The Indian Express While procurement from SC/ST enterprises was way below target in 2013-14, that from all MSEs was much better at Rs 12,440.76 crore or 15.30 per cent of the total PSU procurement during the year. The first comprehensive survey of procurement undertaken by public sector undertakings (PSUs) from micro and small enterprises (MSEs) promoted by Dalit (Scheduled Castes/ Scheduled Tribes) entrepreneurs showed that their supplies were just Rs 419.37...
More »For a new paradigm of social justice -D Shyam Babu and Chandra Bhan Prasad
-The Hindu The central policy challenge for the new government is how to sustain social gains while ensuring that Dalits can participate more meaningfully in the economy, by sharing in the fruits of economic growth while contributing as well In his address to the nation on Independence Day, Prime Minister Narendra Modi expressed his intention to "take a solemn pledge of working for... the welfare of the poor, oppressed, Dalits, the exploited...
More »The chimera of Dalit capitalism -Nissim Mannathukkaren
-The Hindu The recent launch of the first Dalit venture fund occasions an examination of the moral and ethical emptiness of capitalism History shows that where ethics and economics come in conflict, victory is always with economics B.R. Ambedkar If only Milind Kamble, founder of the Dalit Indian Chamber of Commerce and Industry (DICCI) and Chandra Bhan Prasad, Dalit thinker, columnist and DICCI mentor, had imbibed the wisdom of Manning Marable's How Capitalism Underdeveloped...
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