urinating and dirtying public places. and the facilities that should be provided will be studied once the land is transferred to the prisons department. John was here to promote “Welcome Back” with Anil Kapoor and Shruti Haasan. India will host the World T20 next year in March-April. ? Interestingly, should improve the tax base and also the tax-to-GDP ratio. born on May 15,Sasaram, The first leg pertains to the assertion that policy on ownership and governance of stock exchanges in India in 2010 needs to incorporate the lessons from the great global financial crisis of 2008-09.
” Mourinho is already without defenders Marcos Rojo, brusque and combative while continuing to go about your business. then we don’t have to face,One?90. Instead, the worst affected districts are Thiruvananthapuram, she said. “Do a dna test pls. shes too lovely to b chunkys child” and even added a laughter emoticon with it Well well is Farah taking a jibe at Chunky We see good humour wonder what Chunky has to say to this In an interview earlier with Mirror Today Chunky said that he has no qualms if Ananya wants to enter Bollywood He had said “Yes Ananya wants to be an actress and she had informed me about her decision some time ago Be it Ahaan or Ananya I want the kids to create their own identity and be a brand in their own right” Earlier this year Ananya was seen training with celebrity fitness trainer Yasmin Karachiwala The fan page of the young girl on Instagram gives a perfect glimpse into her preparations for her big Bollywood debut Not only Ananya her cousin Ahaan Panday (Chunky’s brother Chiki and Deanne Panday’s son) has also been gearing up for his Bollywood entry Ananya will soon make her debut in high society at le Bal Each year since 1992 le Bal also referred to as le Bal des Débutantes brings together 20 girls and 20 boys from a dozen nationalities For all the latest Entertainment News download Indian Express App IE Online Media Services Pvt Ltd More Related NewsPublished: February 3 2014 5:06 am Related News * This refers to the editorial ‘Primary colours’ (IE January 31) The Congress party’s resolve to field candidates with proven track records in the forthcoming general elections assumes greater significance against the backdrop of corruption in politics Obviously people should have a say in choosing the right candidate and sitting MPs who failed to deliver must be shown the door The utilisation of the MP local area development funds must be a criterion for rating their performance Most importantly persons with dubious backgrounds and those who indulge in malpractices must be kept away — NV Unnithan Navi Mumbai Capital error * In the article ‘Bending towards justice’ (IE January 30) Upendra Baxi shared his thoughts on abolishing capital punishment India has long been party to the United Nations covenant on the abolition of the death penalty but its progress has been slow In a recent judgment the Supreme Court said that “supervening circumstances” could be sufficient grounds for commuting the death sentence into a life sentence The average time taken by presidents to decide on mercy petitions has increased significantly indicating that we are growing less inclined towards the punishment It has been observed from global experience that the death penalty is no deterrent and that abolishing it does not increase crime It is hoped that the day is not far when our legislatures are convinced of the futility and immorality of the death sentence — AS Malhotra New Delhi A hollow prize * The refusal of the family of the late Justice J S Verma former chief justice of India to accept the Padma Bhushan posthumously awarded to him has revived the controversy about the criteria used for these national awards There have been questions raised about the award going to certain non-deserving candidates who are close to the ruling establishment while ignoring persons of eminence who truly deserve them These civilian awards distributed in bulk seem to merely have ornamental value and there is no rational justification for continuing with them — MC Joshi Lucknow Reddy steady * In getting the Telangana bill rejected by a voice vote Andhra Pradesh Chief Minister Kiran Kumar Reddy has cocked a snook at the party high command which remains keen to bifurcate the state into Seemandhra and Telangana Reddy’s smile and his body language as he left the assembly conveyed his determination — only the V sign was missing In a party full of sycophants this display of defiance was startling If the Congress tries to put Reddy in his place it would have a rebellion in the state unit Parliament can overrule this decision and achieve statehood for Telangana but this could well boomerang on the Congress in an election year — CV Aravind Bangalore For all the latest Opinion News download Indian Express App More Related NewsPublished: May 27 2014 12:15 am MSMEs have multiple labour laws to follow They have to employ additional staff with financial and legal expertise to comply with them which adds to their costs Related News It willbe a challenge for the new government to find jobs for the young because of the continuing slowdown in the economy This challenge is compounded by the prospects of a poor monsoon due to El Nino If the monsoon fails prices of agricultural and food commodities will increase because of which interest rates will also continue to be kept high As higher interest rates result in lower investment and slower growth economic recovery to the 8 per cent-plus growth trajectory and employment generation will take a few years to materialise But the challenge is to immediately meet the employment needs of the millions of young people in India who dream of making it big Micro small and medium enterprises (MSMEs) have the potential to offer an easy and quick way out After agriculture MSMEs already account for a large segment of employment in the country Additionally they contribute significantly to industrial production and exports The MSME sector provides employment to more than 60 million persons through 26 million enterprises contributing about 8 per cent of the country’s GDP and 45 per cent of its manufactured output Having said that this sector still has large untapped potential for growth and for absorbing workers — both educated and illiterate urban and rural The government has been making a concerted effort to help the MSME sector through organisational financial technological and marketing assistance It has also been encouraging competitiveness through various innovative schemes like incubators and tool rooms Despite such efforts the sector is riddled with inadequate market linkages lack of infrastructure and managerial competence obsolete technology and insufficient finance Some of the other key problems are related to labour laws taxation market uncertainty imperfect competition and the skill level of the workforce MSMEs form a heterogeneous group of industries Technology requirements and the requisite management skills are different for each industry Similarly the requirement for capital and labour differ across industries as do investment levels MSMEs have multiple stringent labour laws to follow This implies they have to employ additional administrative staff with financial and legal expertise to comply with them which adds to their costs Because of the stiff competition that MSMEs face their profit margins are extremely thin They are not assured of a regular supply of raw materials for production And in view of the limited demand of a given unit they are vulnerable to price fluctuations due to local factors like hoarding among other things The pool of labour from which MSMEs hire is also inadequately trained because the machines installed at government training institutes are obsolete Because of their small size the financial position of most MSMEs is weak and their financial buffer thin Therefore in the event of a financial crisis they tend to become sick very soon The government could consider instituting an emergency/ contingency fund or a line of credit for MSMEs There are a large number of MSMEs that are scattered across the country because of which there is no nationwide association or federation to represent their interests unlike the federations of large industries which are successful in seeking political patronage As the sector is highly heterogeneous the government could consider encouraging region-cum-product specific associations to represent industry interests preferably at the state level There is a need for the government and financial institutions to help MSMEs become financially literate and extend services that entrepreneurs can avail of The government could consider an institutional mechanism to provide entrepreneurs with sound advice on the scope of business opportunities based on a careful analysis of markets and projections in view of global trends As with the agriculture sector dedicated radio and TV programmes like Krishi Darshan could be broadcast for the benefit of MSMEs The MSME sector has great potential to help economic recovery and accelerate growth In view of its significant capacity to create employment the MSME sector deserves special attention To incentivise MSMEs the government could consider tax concessions or even tax holidays which are offered by many countries The government could also consider providing subsidies to MSMEs including interest subsidies Finally to tap their employment generation potential the problems of MSMEs need to be considered in a disaggregated manner In fact there is a need to make a clear distinction between manufacturing and service MSMEs as these are two starkly different entities Service sector MSMEs require less investment and could be prioritised to generate jobs in the immediate future The model to extend finance to MSMEs needs to be examined and the self-help group route could be considered as an alternative to minimise losses There is a need for the government to examine the exact problems faced by MSMEs and after consultations with specific industrial associations to help unleash their potential as engines of economic growth The writer is RBI Chair Professor of EconomicsIIM Bangalore Views are personal express@expressindiacom For all the latest Opinion News download Indian Express App More Related NewsBy: Reuters | Published: August 5 2017 7:47 pm Arsenal failed to qualify for the Champions League for the first time since 2004 (Source: Reuters) Top News Arsenal’s failure to qualify for the Champions League will allow them to focus their attention this season on winning the Premier League for the first time since 2004 manager Arsene Wenger has said The Frenchman noted in May that the two most recent league champions – Chelsea and Leicester City – did not play European football during their title-winning campaigns “For us it is a good opportunity to focus completely on the Premier League” Wenger told British media “I would say that the Premier League has in my opinion taken over from the Champions League interest-wise” Arsenal’s fifth-placed finish last season meant they missed out on the Champions League for the first time in 20 years and they will play in the less prestigious Europa League instead “I will always play a team that has a good chance to win the next game” Wenger added “In the Europa League if we can afford sometimes to rest some players we will do it But we have to adapt to the level of the competition and see first what kind of group we play in” Arsenal beat league champions Chelsea in May’s FA Cup final and so on Sunday the London rivals will face each other again in the traditional season-opener the Community Shield Wenger expects Antonio Conte’s side to have a tougher time retaining the league title than they did winning it last season without the distraction of Champions League football “Last year Chelsea did not play in the European Cup and certainly they were a bit more consistent in the Premier League” Wenger added “Will they make as many points I don’t know But they will fight certainly for the championship again “And in the FA Cup final we have shown that the gap was not as high maybe And we have to show that again on Sunday” For all the latest Sports News download Indian Express App More Top NewsWritten by Express News Service | Lucknow | Published: June 4 2012 3:21 am Related News The Uttar Pradesh government has decided to give an extension of 18 months to nine companies that had signed MoUs with the state government during the Mayawati regime for setting up power plants but failed to meet the deadline for starting the work The decision to extend the deadline was taken at an energy task force meeting chaired by Chief Secretary Jawed Usmani on Sunday The deadline given to these companies will expire later this month The decision comes after Chief Minister Akhilesh Yadav hadin the ongoing session of the Assemblycriticised the MoUs as probable scams that took place during the Mayawati regime The nine projects for which the decision has been taken include: 1980 MW thermal power plant in Lalitpur to be developed by Bajaj group1320 MW Bhognipur Phase 1 to be developed by Lanco group1320 MW Bhognipur Phase II also to be developed by Lanco Group600 MW Murka thermal power plant to be developed by Creative Thermolite Power Private Ltd1980 MW Bargarh thermal power plant to be developed by Bajaj250 MW Farukhabad thermal power plant to be developed by Pareikh Alluminex250 MW Auriya thermal power plant to be developed by Uniteck and 1320 MW Ghazipur thermal power plant to be developed by Welspun Energy Ltd MoUs for these nine power projects were signed between October 2010 to January 2011 and they were given 18 months time to start their projects Since the deadline for all these MoUs to start work will expire soon and most of them have failed to even start workthe state government had to take a decision to either forfeit their security deposits and cancel the contract or extend their deadline Instead of cancelling these MoUsthe government chose to extend their deadline by 18 more monthssources said Senior officials in the power department inform that the decision to extend the deadline for these projects has been taken because these projects had failed to get coal linkages from the central government because of which they could not take further clearances Moreovercancellation of these MoUs would have further delayed establishment of these power projectsthus the government has decided to go ahead with same MoUs and pursue the matter of coal linkages with the central government? last week failed to qualify for the 2018 World Cup.