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Indian Express
a day ago
- General
- Indian Express
Karnataka Police to banish 36 criminals from Dakhina Kannada district following murders, BJP alleges targeting of Hindu groups
The Dakshina Kannada district police in Karnataka have initiated externment proceedings against 36 people identified as habitual offenders or those involved in repeated anti-social activities under its jurisdiction, an official said Tuesday. The police move aims to prohibit these 36 people from entering a specific area or locality for a designated period after two murders led to communal tension in the coastal region. Those identified belong to various police station limits, including Bantwal, Vittal, Puttur town and rural, Kadaba, Sullia, Uppinangady, Punjalkatte, and Belthangady. The list includes people aged 22 to 54 from various parts of the district. They have been charged with assault, intimidation, extortion, and gang-related activities. Though the list includes names of both Hindus and Muslims, the BJP has raised concerns, stating that Hindu leaders are being unfairly targeted. Shobha Karandlaje, Union Minister of State for Labour and Employment; and Micro, Small, and Medium Enterprises, has written a letter to Justice N K Sudhindra Rao, the chairman of the Police Complaints Authority. In her letter, she said the ruling Congress government in the state has been targeting individuals associated with Hindu organisations. The police's actions are infringing upon the fundamental rights of the people, she said. Arun K, Superintendent of Police, Dakshina Kannada, said, 'We are taking strict action to ensure peace in the region. Externment is a preventive measure aimed at breaking the nexus of habitual offenders who pose a recurring threat to society.' The police are in the process of serving notices, and hearings will be held in accordance with legal procedure before the orders are finalised, he said. According to police sources, a similar list was also due from Mangaluru city police limits. Suhas Shetty, a Hindu activist, was killed by a group of assailants in Mangaluru, and 12 people have been arrested in connection with the murder. Shetty had five cases against him: four in Mangaluru city and one in the Dakshina Kannada district. He was the prime accused in the murder of Mohammed Fazil, 23, in Surathkal on July 28, 2022. Later, On May 27, Abdul Rahiman, 32, a resident of Kolthamajalu in Bantwal taluk, was murdered while he was unloading sand near a customer's house. His friend and co-worker Kalandar Shafi, 29, who was severely injured in the attack, is currently being treated at the intensive care unit (ICU) of a hospital.
Hans India
3 days ago
- Business
- Hans India
Will strengthen MSMEs to power supply chains: M B Patil
Bengaluru: Emphasising the vital role MSMEs (Micro, Small , and Medium Enterprises) play in large-scale employment generation, Large and Medium Industries Minister MB Patil said that the state government is focused on integrating MSMEs into the global supply chain. Speaking at the Inaugural session of MSME Conclave- a three-day event organised by KASSIA, FKCCI, and the Peenya Industries Association- Minister Patil said that the MSME sector forms the backbone of Karnataka's industrial ecosystem. He affirmed the government's commitment to fostering its growth through proactive collaboration with the Central Government. ' Karnataka's vision is clear: to become a $1 trillion economy by 2032, powered by our MSMEs. Our objective is to build a more inclusive, sustainable, and globally competitive industrial future,' he emphasised. 'For the same amount of investment, MSMEs generate significantly more jobs than large-scale industries. For instance, with an investment of Rs 10,000 crore, while large industries might create around 10,000 jobs, MSMEs can generate nearly 1.25 lakh jobs,' the Minister explained. He noted that mega industries require a robust supply chain for efficient functioning, and strengthening MSMEs is critical to meeting this demand. The government will continue to support MSMEs through targeted incentives and industry-friendly policies, he assured. 'Across Karnataka, MSMEs—from cutting-edge startups to traditional manufacturers—are building world-class products, boosting exports, and creating jobs. At the national level, MSMEs contribute 30% to India's GDP, generate Rs 15 lakh crore in exports, and provide employment to over 15 crore people. Karnataka is proud to lead with over 38 lakh MSMEs, setting an example in innovation-led and inclusive industrial growth, Patil remarked. State's new Industrial Policy includes targeted incentives such as capital subsidies, power concessions, and easier land access in backward regions. Through the SME Connect initiative, over 1,800 MSMEs have been engaged on Industry 4.0, with more than 60 already adopting advanced technologies. Platforms like VentuRISE are enabling startups and small manufacturers to scale through mentorship and funding, Minister highlighted. 'We are also expanding industrial infrastructure in tier-2 and tier-3 cities to ensure balanced development beyond Bengaluru. These initiatives aim to boost annual manufacturing growth to 12% and create 2 million jobs by 2029. The government is simplifying approvals, promoting digital governance, and integrating MSMEs into global supply chains—where many are already thriving as suppliers and innovators,' Patil noted. He also acknowledged the challenges MSMEs face—such as access to credit, availability of skilled labour, and testing facilities—and assured that the government is actively addressing these issues through targeted policy interventions. Deputy Chief Minister DK Shivakumar, Minister for Small Scale Industries Sharanabasappa Darshanapura, Union Minister of State for Micro, Small and Medium Enterprises Shobha Karandlaje, FKCCI President MG Balakrishna, KASSIA President MG Rajagopal, KSSIDC Chairman T Raghumurthy, and MSME Department Director Nitish Patil were among those present.
Indian Express
25-05-2025
- Business
- Indian Express
P Chidambaram writes: Why no jobs for most youth?
There are two recent reports on the Micro, Small, Medium Enterprises (MSME) sector, one by the Small Industries Development Bank of India (SIDBI) and the other by NITI Aayog. Both are official reports. There is also the Annual Survey of Unincorporated Sector Enterprises (ASUSE). What are the basic facts about the Micro, Small and Medium Enterprises (MSME) sector that can be gathered from the two reports? 🔴 Under the current classification, Micro enterprises have an investment limit of up to Rs 2.5 crore and turnover limit of up to Rs 10 crore; Small have up to Rs 25 crore and up to Rs 100 crore; and Medium have up to Rs 125 crore and up to Rs 500 crore. By this classification, it will be clear that all but a few thousand enterprises in India are MSME. 🔴 The distribution of the total number of MSMEs is skewed in favour of Micro: the shares are Micro — 98.64 per cent; Small — 1.24 per cent; and Medium — 0.12 per cent only. 🔴 Ownership is proprietorship (59 per cent), partnership (16), LLP (1), private limited company (23) and public limited company (1). 🔴 There are approximately 7,34,00,000 MSMEs in India. Of these, about 6,20,00,000 are registered on the Udyam Portal as on March 2025. 🔴 There is a credit gap of about 24 per cent in the MSME sector (about Rs 30 lakh crore); in the services sub-sector the gap is 27 per cent and in women-owned enterprises it is 35 per cent. 🔴 MSMEs contributed approximately 45 per cent of India's merchandise exports in 2023-24. In absolute terms, the number of exporting MSMEs was 1,73,350 in 2024-25 (that is a fraction of 1 per cent of the total number of MSMEs). The key goods that are exported are ready-made garments, gems and jewellery, leather goods, handicrafts, processed foods and auto components — all but one, low technology goods. 🔴 There is a plethora of credit support schemes and development schemes for MSMEs. Reading the reports, I counted at least two subsidy schemes, four credit guarantee schemes and at least thirteen development schemes. The Budget for 2025-26 announced a scheme for first-time entrepreneurs and a credit card scheme. It also announced a new Fund of Funds, a Deep Tech Fund of Funds and a revamped Street Vendors Nidhi (PM SVANidhi). 🔴 MSMEs are the primary source of employment generation. It is claimed that the total employment generated by the sector is around 26 crore. Now, let's come to the central question of this essay. Among the major challenges in the MSME sector, the reports list — ** Skilled labour shortages, skill gaps and difficulty in attracting talent. These findings tell the whole story of unemployment in the country. It is fair to assume that larger industries (with investment of over Rs 125 crore and turnover of over Rs 500 crore) employ persons with higher educational qualifications and higher skills which the bulk of the unemployed do not possess. On the other hand, MSMEs need labour; yet, if they have labour shortages and difficulty in attracting talent, why? The regrettable but inescapable conclusions are, firstly, that the applicants for jobs do not have the education or the skills to fill the jobs. And, secondly, that the jobs on offer are not attractive because of the structure of the enterprise or the emoluments. Matching the structural facts and the employment outcomes, it is not difficult to infer the reasons why there is high unemployment among the youth of India. 🔴 the population of India in April 2025 was 146 crore. 🔴 the labour force participation rate (LFPR) is the percentage of the population that is either working or actively seeking employment. It is 55.6 per cent or about 81 crore. 🔴 the worker population ratio (WPR) defines the proportion that is employed among the total population. It is 52.8 per cent or about 77 crore. 🔴 the absolute number of persons who are unemployed is the difference, namely, 4 crore. That's a large number but, remember, it is out of the number 'actively seeking employment'. There are many millions who have given up seeking employment for different reasons. the official unemployment rate is 4 crore/81 crore which equals 5.0 per cent. The overwhelming number of MSMEs are 'micro'— 98.64 per cent. Together with the fact that proprietorship and partnership constitute 75 per cent of all MSMEs, it is abundantly clear that the bulk of the 26 crore 'employed' are family members and relatives working in family-run enterprises. It is the 'small' and 'medium' (1.36 per cent of MSMEs or about 10,00,000) that actually employ people where there is a master-and-servant relationship. 🔴 The 'supply' side of jobs has to come from the 10,00,000 MSMEs. 🔴 The 'demand' side for jobs has to come from the young men and women who are school drop-outs or have a school education or have a basic arts or science degree. The potential employers are hit by lack of credit, the oppressive regulations, and the multiple schemes and compliances. The potential employees are hindered by the lack of quality education, lack of skills and absence of training — in short, there is little 'talent'. Governance should focus on these shortcomings. The first stop is school education with skills training. The next stop is helping SMEs (note that I have dropped the M) with just one liberal credit-cum-interest subsidy scheme. Keep it simple.
Business Recorder
21-05-2025
- Business
- Business Recorder
SCCI presents budget proposals for FY 2025-26
PESHAWAR: Sarhad Chamber of Commerce and Industry presented its budget proposals for the fiscal year 2025-26. In the budget proposals, the SCCI urged the government to rationalize taxes by making reduction in their ratio at optimal level, broadening tax-base and refraining from imposition of new taxes. SCCI also sought reduction in duties on import of raw material/items and pragmatic steps for simplifying the existing taxation system. It emphasized that the government should announce a special budget for the development of small and medium industry. The budget proposals said soft loans should be provided to SMEs, especially start-up businesses, women entrepreneurs so that they will also equally contribute to the economic growth and development of the country. The chamber demanded that a special fiscal relief package and tax cessions for next five years should be announced for war-torn Khyber Pakhtunkhwa. Budget is a true reflection of the government policies, which should be made people as well as business-friendly, says Fazal Moqeem Khan, president of the Sarhad Chamber of Commerce and Industry while talking to this scribe here on Tuesday. He said that the budget coming at the time of economic take-off will set the roadmap for the future and added that there is need to build a sustainable basis for reducing electricity prices. The SCCI chief urged the government to take new policy measures aimed at promoting the documented economy that would help improve the tax revenue collection and achieve sustainable growth. Emphasizing on elimination of unregistered and illegal business/ trade as highly beneficial for the national economy, he said it is necessary that the informal economy sector should bring in formal economy. Fazal Moqeem emphasized the need for reduction in electricity, gas tariff and urged the government to focus on renewable energy in a bid to significantly reduce the cost of production and pave the way for rapid revival of the economy. Talking about the solar policy, he said that the policy should be prepared in a way that it covers the interest of both the government and consumers. He sought repealing all agreements with IPPs. Coordinated implementation of policies through SIFC and measures in the budget are essential, SCCI chief stressed. Fazal Moqeem Khan while addressing pre-budget session in Peshawar University asserted the industrial sector needs to be further promoted. He highly backed privatizing loss-making State-Owned Enterprises (SOEs), stating that it can provide long-term stability to the government's financial and budgetary position. Regarding the agricultural sector, SCCI chief said it is the backbone of Pakistan's economy and suggested that the government should take maximum steps in the budget to facilitate farmers. Sustainable water use system, construction of new water storages should be a priority, he added. About the construction sector the president suggested that a special package should be announced in the budget for the revival of the construction sector. Fazal Moqeem emphasized that tariff policy should be made to discourage imports and promote local products. Copyright Business Recorder, 2025
Fashion Network
08-05-2025
- Business
- Fashion Network
Kurnool kicks off construction for MSME Park to boost textile industry
The Kurnool district administration has commenced construction of a Micro, Small, and Medium Enterprises Park at Banavasi in Yemmiganur mandal, with the aim of strengthening the local textile industry. The project began on Tuesday with a 'bhumi puja' ceremony and marks a key step in the region's industrial development. The first phase of the project will see the development of core infrastructure across 22 acres, expected to be completed within three months, Apparel Resources India reported. Plans for the remaining 50 acres include setting up textile-focused units and an effluent treatment system, intended to support sustainability and production efficiency. S. Savitha, minister for BC welfare, handlooms, and textiles, reaffirmed the state's support for handloom weavers during the event. She highlighted that 200 units of free electricity are provided monthly to handloom weavers and 500 units to powerloom operators. The state has also allocated Rs 348 crore for developing handloom clusters and organising exhibitions. Industries and commerce minister T.G. Bharath said he would promote the use of Yemmiganur-made textiles within the industries department. Bharath also plans to approach the Tirumala Tirupati Devasthanams to encourage adoption of locally woven shawls. The park is expected to attract textile entrepreneurs and provide employment while promoting traditional weaving in the region.
