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Scientists urged to take up farmer-oriented research Padma Bhushan for A Ramakrishna Odisha: spectacular win by Naveen Patnaik The ‘Ayyo-yes’ is no more Discoms deserve better… Editor's Notes Convulsions in The Hindu Marketing expert Balagopal is no more Contrarian cousins When nations steal growth from one another… Medical costs hit the roof... A Grand Finale for SN’s MS centenary at the US… An enemy’s enemy is a friend Revive development banks... Focus on quality of power - its only around 170-180V A friendly business group An informal presentation - analytical, forward locking... Multi-faceted Venkat TN – agglomerate land holdings without alienating ownership He saved millions from starvation... Build close rapport with business leaders Kulandai was a giant Adapt Vajpayee dinner diplomacy Boy, can you beat these? PPP mode for upgrading Corporation Hospitals Gay abandon in pricing Should we change the official year? Delhi Chalo... 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A welcome initiative by the judiciary Valli, they are more marginalised Solar thermal shines… Liberal imports idling indigenous capacities Tough task taking states together Of course, Gujarat is vibrant Return to king coal for urea... Colour-Chem’s colourful KRVS Bihar elections - the Rajaji formula worked The Ports’ Pasha expands into Tamil Nadu The rise and rise of KCP Paytm karo... Godspeed, Chief Minister JJ Where a state respects its litterateurs… S Ramanathan – a versatile musician, musicologist Delhi returns to BJP Measuring roof tops in terms of KW/MW Solar, solar everywhere … Strengthen the base... A proud Madrasi A professional at the helm of IRDA... More heat than light Dr C Rangarajan returns to Chennai Road development slows down Align crops to agro climate endowments… Welcome focus on core competence
 
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.

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