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