-The Hindu Business Line Faster and more effective, Online Dispute Resolution has gained wide recognition from the judiciary, govt and business entities Contributing 29 per cent to India’s GDP and 40 per cent of India’s exports, 6.3 crore micro, small and medium enterprises (MSMEs) provide employment to 21 per cent of India’s workforce translating into 80 million jobs. However, MSMEs continue to face serious issues and disputes relating to delayed payments that choke...
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The challenges of Gig-Economy -Ashish Kumar Singh & Akash Singh
-CounterCurrent.org According to a NITI Aayog recent report titled ‘India’s Booming Gig and Platform Economy’ India’s gig workforce, estimated to be at 77 lakh in 2020-21. It is expected to go up to 2.35 crore by 2029-30. Gig worker are defined by Niti Aayog as those engaged in livelihoods outside the traditional employer-employee arrangement. Gig workers can be broadly classified into platform and non-platform-based workers. Platform workers are those whose work...
More »How GST is killing small businesses with inspector raj and suffocating compliance -Ritesh Kumar Singh
-ThePrint.in GST was supposed to create a unified market. The opposite is happening with small businesses being harassed with invoice and payments. The introduction of the Goods and Services Tax or GST was supposed to create a unified market of 1.4 billion people and encourage entrepreneurship and job creation. The other aim was to bring more and more firms into the formal sector of India’s economy, which will help expand the tax...
More »Why Dalit Capitalism Does Not Lead to Emancipation -Kushal Choudhary
-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...
More »Covid-19 puts a spanner in Centre’s skill development works -Radheshyam Jadhav
-The Hindu Business Line Number of placements under the flagship PMKVY scheme plunged during 2020-21 There’s a drastic decline in the number of unemployed youth getting placements under the short-term training programme of the Pradhan Mantri Kaushal Vikas Yojana (PMKVY) scheme during the Covid-19 pandemic. Launched in 2015, the PMKVY is among the flagship programmes of the Ministry of Skill Development and entrepreneurship that aim to mobilise and train youth according to the...
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