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