Small industry needs a better policy deal
The Hindu Business Line, February 20, 2015
By Pradeep S Mehta
If the Make in
India campaign has to be successful and help many in our
country, we need to focus on enabling small units to
function and contribute. A major problem small and medium
units face is that of finance. Banks and financial
institutions are always very wary of assisting them in an
optimal manner because of mistrust and the fear of bad
debts. But if we see how big business houses are defaulting
on their commitments, figures of which run into lakhs of
crores, the losses arising out of defaults in the micro,
small and medium enterprises (MSMEs) sector seem quite
insignificant.
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Time for ‘seller beware’
Asian Age, February 12, 2015
By Pradeep S Mehta
The Budget must
introduce a shift in the manner consumers are dealt with in
the country. A change from the hitherto sectoral perspective
to deal with consumer issues to a principles-based approach
on issues of consumer saving, investment and expenditure is
required..
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Rajasthan alone witnesses 12.8% deaths due to road
accidents
DNA, February 09, 2015
By Pradeep S Mehta
Jaipur city
continues to remain on top in terms of road accidents and
deaths in the state and mishaps are also reported from other
cities like Kota and Jodhpur…The cost of the accidents is
about three per cent of our GDP, and our record is the worst
in the world. There has been some improvement last year but
much more has to be done. Data shows that over 80 per cent
of all accidents are due to drivers’ fault, but it would be
unfair to put all of it on drivers. The enabling environment
also matters.
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For that perfect blend of policies
The Hindu Business Line, February 06, 2015
By Pradeep S Mehta
The Prime
Minister, Narendra Modi, will confer with an eminent group
of economists on the possible agenda for the brand new
National Institution for Transforming India Aayog (Niti)
Aayog. On January 16, at a recent global business summit the
Prime Minister said that development has to become a
people’s movement. Indeed, this will be an imperative
because trust has to be gained of the people at large, which
can be reached by good and dispassionate civil society
groups.
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