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