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