‘This government is killing our businesses’: What small, medium enterprises think of GST revisions

After Friday’s GST Council meeting, which decided to cut the goods and services tax rate on two dozen commodities and announced relaxations for exporters and small and medium companies, Prime Minister Narendra Modi said the changes brought in an early Diwali. The business press was bullish as well. “Three months on, GST now good for […]

For ‘Make In India’ to work, India first needs to become globally competitive

Bhoday Sales Corporation is tucked inside the industrial zone of Ludhiana. A small machine tooling factory with a net worth of not more than Rs 10 lakh, it makes manufacturing equipment for other plants in the city. Of late, it has fallen on bad times. Sales are down. At one time, says its founder, 68- […]