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