Ad Here  
Secularism and anti-Hinduism Music happens For whom the bell tolls? The power-full Hindujas London, London Narayan Diamond jubilee of Egmore Samskrt School Streamlining mandatory third party cover Towards speedy justice to the lack of interest on the part of these to focus on original research. This despite the much lower costs of such research in India. The industry which thrived on the protection of a closed economy and the advantage of a vast domestic market, has failed to organise its evolution on healthy lines Welcome GST The balancing act The few handicaps... For whom the MIDS bell tolls? Tough task taking states together Naidu will soon build a new Hyderabad Shanti and Sadhana through Music Quality education through the PPP mode The ‘Ayyo-yes’ is no more ONGC at KG Basin Cleaning Ganga – relocate tanneries and install electric crematoria Measuring roof tops in terms of KW/MW More heat than light TN accounts for the largest recruits by the IT sector Robber barons everywhere When small is no larger beautiful.. Discoms deserve better… No Maha Koottani in TN... Polls and promises Liberal imports idling indigenous capacities Scientists urged to take up farmer-oriented research Plummeting profits of PSBs Building loyalty through the stomach Cement prices continue to rise… Tribute – UCAL Selvan… Tribute – M V Murugappan An inexplicable neglect Solar, solar everywhere … Moily’s bold thrust Fortune for Indian Airlines Increasing non co-operation of state leaders Solar thermal shines… Online not in line with brick and mortar businesses... Tax agriculture The star of Spencers is no more Which side are you, Montek? Revive development banks... EVM is tamper-proof Modi storms Silicon Valley A professional at the helm of IRDA... Preserving for the future WTO Meet: resolved to meet again The sea- saw battle continues... Shipping woes of Chennai companies Medical costs hit the roof... Delhi Chalo... Making ‘my Amaravati’... Delhi is distant… TN – agglomerate land holdings without alienating ownership Make standards certification mandatory... There was flood of milk. Reason: no milk commissioner! No engine for this car Permanent secretariat for TN GIM Road development slows down TELANGANA at last…BUT Infrastructure funding – lessons learnt A C Muthiah – his munificent bequeaths to science Why this malaise in medical education? Shaming of Tamils by Tamil farmers at Delhi S Ramanathan – a versatile musician, musicologist China invests in India …and of a popular trade leader Welcome focus on core competence The rise and rise of KCP Wanted: a second airport for Chennai Kinetic Karnataka Gay abandon in pricing New IT products of Ramco in the pipeline… Revving up the manufacturing sector Mu Sigma – is no more Insurance companies bleeding, yet no decision on increasing FDI limit! Adharma of opposition politics CRS, a jewel among managers, is no more. Eternal support for capitalisation of PS banks CSR and CMI: promise of another Srinivasan Ramanujan... Come elections, come advertisements... Godspeed, Chief Minister JJ Tatas moving out of urea production... Of course, Gujarat is vibrant Sweet news for TN sugar mills A think tank for Chennai CII projects higher growth… Naidu’s return augurs well for Seemandhra Tribute – Manikam Ramaswami Bihar – Nitish Kumar adopts the Lalu model Gas is the way forward Multi-faceted Venkat Russi Mody – a tribute Another Indian music maestro at the UN IPL - no surprise this scam Rs.1600 crore paper board plant of TNPL Roaring Ro-Ro facility A more liberated TN… Nuclear power at the nucleus The Ports’ Pasha expands into Tamil Nadu Small units prefers to remain small... Wise Presidents L&T: focus on infrastructure and more infrastructure… Intellectual of rare qualities Marketing expert Balagopal is no more Should we change the official year? S V Raju – a ‘good’ true liberal SoA @ 80 A friendly business group A Grand Finale for SN’s MS centenary at the US… Rahman at CIC Tribute Return to king coal for urea... Fortune 500 review TN-leverage strength of BHEL, NLC... Build close rapport with business leaders All eyes on Sankara Nethralaya More Shakthi to Das’ elbow TGS- The king storyteller Tatas moving out of urea production... Demise of a media baron... This scant respect for Law Noble nonagenarians... A Grand Finale for SN’s MS centenary at the US… Shale gas and its shallow future Kulandai was a giant Computation of GDP – conundrums continue Where a state respects its litterateurs… More tributes to GR Odisha: spectacular win by Naveen Patnaik Funding the un-funded Alexa – Talking Wikipedia Modi and the lady Mersal magnified Put expensive assets created to use... Fall in crude prices help in oil sector reform Colour-Chem’s colourful KRVS Quality silica from Neyveli Welcome changes that testify to Jayalalithaa’s return to health Editor's Notes Recognition to role of NBFCs.... The why of tax incentives Cutting the nose to spite the face Haul over the coal Protest masters... MHC should not return to its old indisciplined ways Remembering Indira Sivasailam... Readers' Mail Bihar elections - the Rajaji formula worked Kudos to NDTV... Limit foreign borrowings to hi-tech, export potential projects... Editor's Says Parliament in paralysis... Padma Bhushan for A Ramakrishna Silver Years of Madras Musings Whistle-Stop Tour of Raghuram Rajan PC’s preference for professionals IAS invades NDDB... Poor quality of university VCs Not just in-laws (and outlaws); they’ve renowned academics at the helm! IPL type auction for VCs? Reliance’s TV – 18 ready to launch Tamil News Channel A welcome initiative by the judiciary Engineering seats go abegging An enemy’s enemy is a friend Maximising the micro pricing … When TN politicians can emulate Kerala's GNS - 100: our first subscriber Like Hinduism: many paths to reach God... GM Technology at last! Where is Rajaji? The Swadeshi Trump A proud Madrasi F C Kohli - his concerns all embracing B H Kothari - a tribute Paytm karo... Adapt Vajpayee dinner diplomacy The Jan Dhan bonanza A rich pool of talent not utilised…. Fuel for thought Sri Lanka votes for change Tihar, Puzhal not different from Parappana Agrahara Telangana in top gear… Airlines in India: cost and space When online building permits work…. A yen for wastage… R Sridhar steps down as CEO of Shriram Capital Poor representation for Kerala and TN in Cabinet The rise and fall of Annamalai University More Shakti to resource mobilisation... When nations steal growth from one another… Lalu’s envy, India’s pride When the President was rendered homeless… Dr C Rangarajan returns to Chennai West Bengal: mindless malignancy Boy, can you beat these? The brown list of Venkitaramanan He continues the focus on social amelioration Delhi returns to BJP Valli, they are more marginalised Welcome thrust on trade in Modi’s foreign visits... Inflation: are we emulating Argentina and Brazil? PPP mode for upgrading Corporation Hospitals Land reclamation from sea appears cheaper! Sweeter prospects for sugar Waning interest in public discussions… Pharma – overdose of copying EEC at the National Media Centre Varuna (rain) in 2015; Vaayu (air) in 2016. Chennai devastated He saved millions from starvation... Lesson from Chandrababu Naidu L&T- the specialty of special purpose vehicles Air Asia India will set new benchmarks for budget travel Convulsions in The Hindu Five star activism stalls development activity How Air-India loses customs... CIPET hqrs to stay at Guindy – for the present? A glass full of corruption Auto components surge… The Gulf aviation boom Strengthen the base... Breaththrough in malaria control Contrarian cousins The nuclear option When Ratan Tata visited SRM The ‘Jayanthi Tax.’ Things happen by accident and not by design... Banning booze... Vibrant Gujarat TIAM turns a full cycle Chennai and Kolkata miss opportunity to grow as Delhi and Mumbai Focus on quality of power - its only around 170-180V Why land prices zoom in TN? Align crops to agro climate endowments… Delhi is distant Don’t seem to feel the pulse… Muffled voices for merit… An informal presentation - analytical, forward locking... Excel Generators provide the vital back-up No mega rail project for Tamil Nadu
Small units prefers to remain small...
Ahluwalia pointed to the absence of medium-sized companies that employ 50-300 that would contribute to healthy growth of the manufacturing sector. Either business enterprises are too small or too large, he said. Jawahar Vadivelu, President-SICCI, attributed this to the difficulty of entrepreneurs to exit businesses: “not only it particularly difficult to start or exit a business, India is lagging even with respect to the ease of doing business. India currently ranks 137 of 185 countries in terms of ease of doing business. A direct consequence is that small and medium - sized firms tend to remain that way for much too long, leaving them vulnerable to external challenges.  Incentives are not there for firms to graduate to the organised sector where they have the capacity to grow. Instead they chose to remain inside the radar and chose to remain small.”
Till the 1990s there was a reservation of close to 800 items to be produced only by the small sector. There were exemption limits for excise duties and sales tax that again resulted in small businesses remaining small.  But the policy swung to the other extreme from the late 1990s; it eliminated at one stroke bulk of the special incentives and priority sector treatment given to the small sector. This resulted in the sector reporting pervasive sickness in the vital small and medium industry segment that remains the backbone of the manufacturing sector in several developed countries.

Reported On :
Sector :
IE, the business magazine from south was launched in 1968 and pioneered business journalism in south. Through the 45 years IE has been focusing on well-presented and well-researched articles. When giants in the industry stumbled to keep pace with the digital revolution, IE stayed affixed embracing technology.
Read more
Economist Communications Ltd is committed to ensuring that your privacy is protected.
Read more
You agree that your use of this Website and the purchase of the magazine will be governed by these terms and conditions.
Read more
S-15, Industrial Estate,
Chennai - 600 032.
PHONE: +91 44 22501236