The government has introduced in Parliament a Bill to amend the Factories Act, 1948, with a view to double overtime hours in an establishment with 10 or more workers, to 100 per quarter. The aim is to enhance employment opportunities and facilitate the ease of doing business. The Bill also propos…
Tag: Parliament
IIM Indore to introduce certificate course for MSMEs
The Indian Institute of Management (Indore) will be introducing a certificate programme for MSMEs and family-run businesses from the month of August or September. A bill has also been drafted by the government in connection with the IIMs to give degrees to their students which will be discussed i…
GST Bill likely to pass in Monsoon session; SMEs bullish on the turn around
With the Monsoon Session kicking off, small and medium business players seem enthused by the likeness of Goods and Services Tax (GST) Bill being passed by the Parliament. The NDA government has sought an all-party support in the passage of this long-pending bill, which seeks to create a uniform i…
‘Make In India’ resonates with Chinese corporates
As India and China squabble over Beijing squashing Delhi’s move at the UN to ban Azhar Mazoor, the alleged mastermind behind northern India terrorist attacks, and New Delhi retaliates by threatening to stonewall the entry of Chinese companies into the country, the ground reality paints a far less…