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Political Sociology in India: Contemporary Trends
by Dipankar Gupta, Sociology Professor
Orient Blackswan, 01-Jan-1996 - India - 106 pages
A descriptive study of current trends in political sociology in India (from the 1980s) in relation to the ground realities in the social and political arena. This study spans the years beginning from the late 1970s to the early years of the 1990s: from the Emergency and its fallout to the Punjab crisis and the Mandal recommendations. Students and teachers of sociology and political science will benefit from the book which clarifies the relationship between sociology and its sub-disciplines, political sociology. http://books.google.co.in/books?id=BBaY1QCFS2oC
Tax bonanza for small firms may lead to big jump in job creation - Times of India
There is 5% tax decrease for small corporate tax payer. This can benefit 2.85 lakh MSMEs. Gopal Jiwarjka, president of PHDCCI wlecomed the move. Giving time of 7 seven for claiming 3 year profit is also a positive for MSMEs.
Uday Kotak
The lower tax rate of 25% will give SMEs additional liquidity for growing business.
Kumar Mangalam Birla
The budget has achieved an admirable balance of consumption boosting measures, growth oriented expenditure and also mainted fiscal prudence.
N. Chandra Sekhar - Tata Sons
Economy is put in growth path with higher public investment and fiscal responsibility. Also it aims at inclusive growth by focusing on farmers and rural households.
Ajit Ranade
Funding growth without going broke.
What is missing in the Budget?
According to me, the budget information has not so far highlighted what government has planned for promoting manufacturing (as part of industrial growth) and service sectors. In general, the government support for productive or economic sphere was not highlighted sufficiently.
Even for agriculture sector, the credit is announced as Rs. 10 lakh crores. The central support to various inputs required in agriculture are not highlighted.
Discussion on Budget - Dr. Narendra Jadhav
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DD News
The total expenditure in Budget for 2017-18 has been placed at Rs. 21.47 lakh crores.
The Finance Minster Shri Jaitley has pegged the fiscal deficit for 2017-18 at 3.2% of GDP and further committed to achieve 3% in the following year i.e. 2018-19.
The allocation for Capital expenditure was stepped up by 25.4% over the previous year.
Total resources being transferred to the States and the Union Territories with Legislatures is Rs. 4.11 lakh crore in 2017-18, as against Rs. 3.60 lakh crore in BE 2016-17.
For Defence expenditure excluding pensions, he provided a sum of Rs 2,74,114 crores including Rs. 86,488 crores for Defence capital.
The Finance Minister increased allocation for Scientific Ministries to Rs. 37,435 crore in 2017-18.
The net market borrowing of Government to Rs. 3.48 lakh crores after buyback, much lower than Rs. 4.25 lakh crores of the previous year.
The Revenue Deficit of 2.3% in BE 2016-17 stands reduced to 2.1% in the Revised Estimates. The Revenue Deficit for next year is pegged at 1.9% , against 2% mandated by the FRBM Act.
Union Budget 2017-18 provides renewed impetus to manufacturing and Make in India
Commerce and Industry Minister Smt. Nirmala Sitharaman has welcomed the Union Budget 2017-18 presented by Finance Minister Shri Arun Jaitley which provides renewed impetus to manufacturing and Make in India, export infrastructure and Government e-marketplace.
Some measures in the Budget 2017-18 related to commerce and industry.
1. A Special Scheme for creating employment in leather and footwear industries is proposed to be implemented, on the lines of the scheme in textile and apparel sector.
2. The long standing demand of startups has been accepted and the profit (linked deduction) exemption available to them for 3 years out of 5 years is changed to 3 years out of 7 years. For the purpose of carry forward of losses in respect of start-ups, the condition of continuous holding of 51% of voting rights has been relaxed subject to the condition that the holding of the original promoter/promoters continues.
3. Further liberalisation of FDI policy is under consideration and the Foreign Investment Promotion Board (FIPB) to be abolished in 2017-18.
4. In order to make MSME companies more viable, income tax for companies with annual turnover uptoRs. 50 crore is reduced to 25%. About 96% of companies will get this benefit of lower taxation. This will make our MSME sector more competitive as compared to large companies.
5. MAT credit is allowed to be carried forward up to a period of 15 years instead of 10 years at present.
6. For creating an eco-system to make India a global hub for electronics manufacturing a provision of Rs. 745 crores in 2017-18 in incentive schemes like M-SIPS and EDF. The incentives and allocation has been exponentially increased following the increase in number of investment proposals.
7. Inverted duty has been rectified in several products in the chemicals & petrochemicals, textiles, metals, renewable energy sectors. Duty changes to improve domestic manufacturing of medical devices, those used for digital transactions and capital goods have also been announced.
8. Infrastructure – a key pillar under the Make in India programme has been strengthened with a large budgetary allocation. The total allocation for infrastructure development in 2017-18 stands at
Rs. 3,96,135 crores. A specific programme for development of multi-modal logistics parks, together with multi modal transport facilities, to be drawn up and implemented.
9. Tourism is a big employment generator and has a multiplier impact on the economy. Incredible India 2.0 is proposed to be launched to promote tourism and employment. Five Special Tourism Zone, anchored on SPVs in partnership with the States would be set up.
10. Modernisation and upgradation of identified corridor, railway lines of 3,500 kms will be commissioned, 25 stations are expected to be awarded for station redevelopment and 500 stations will be made differently abled friendly by providing lifts and escalatorsduring 2017-18. These provide large opportunities under the Make in India initiative
11. Initiatives in Skill Development provide essential support for the Make in India sectors to thrive. Launch of SANKALP scheme to provide market relevant training to 3.5 crore youth and STRIVE scheme to improve the quality and market relevance of vocational training.
12. A new and restructured Central scheme with a focus on export infrastructure, namely, Trade Infrastructure for Export Scheme (TIES) will be launched in 2017-18.
13. The Government e-market place which is now functional for procurement of goods and services, has been selected as one of the winners of the South Asia Procurement Innovation Awards of the World Bank. http://pib.nic.in/newsite/mbErel.aspx?relid=157898
Petrofeed
(All suggestions are with respect to taxation only. They have not suggested any investment or expenditure proposals. They have also not indicated current investment and revenue/production estimates and what will be the incremental benefits of their suggestions in terms of investment and production)
23 September 2016
The Finance Ministry has come out with comprehensive instructions for different ministries for completion of the budget exercise for the financial year 2017 - 18 .
In the 2017-18 budget, rail budget will be part of general budget. There will be no distinction between plan and non-plan expenditure.
The RE (Revised Estimate) meetings of ministries/ departments will be scheduled from October 17.
The budgeting exercise is focused on effectiveness and efficient use of public resources.
The ministries have to develop their plan with the vision document of NITI Aayog as the basis.
On the eve of the sixty-eighth Republic Day of our nation, I extend warm greetings to all of you in India and abroad. I convey my special greetings to members of our Armed Forces, Para-military Forces and Internal Security Forces. I pay my tribute to the brave soldiers and security personnel who made the supreme sacrifice of their lives in defending India’s territorial integrity and maintaining law and order.
Brothers and sisters: When India attained freedom on 15th August 1947, we did not have an instrument of governance of our own. We waited till 26th January, 1950 when the Indian people gave to themselves a Constitution to secure for all its citizens, justice, liberty, equality, and gender and economic equity. We promised to promote fraternity, dignity of the individual, and unity and integrity of the nation.
On that day, we became the largest democracy of the world.
The faith and commitment of people gave life to our Constitution and our founding fathers, wisely and carefully, steered the new nation past its troubles of being a poor economy with huge regional imbalances and a vast citizenry deprived of even basic necessities.
It goes to the credit of the strong institutions of democracy built by our founders that for the last six and a half decades, Indian democracy has been an oasis of stability in the region troubled by unrest.
From a population of 360 million in 1951, we are now a 1.3 billion strong nation. Even then, our per capita income has shown a ten-fold increase, poverty ratio has declined by two-thirds, average life expectancy has more than doubled, and literacy rate has shown a four-fold increase.
We are today the fastest growing amongst the major economies of the world. We are the second largest reservoir of scientific and technical manpower, the third largest army, the sixth member of the nuclear club, the sixth member in the race for space, and the tenth largest industrial power.
From a net food grains importing country, India is now a leading exporter of food commodities. The journey so far has been eventful, sometimes painful, but most of the times, exhilarating.
What has brought us thus far will take us further ahead. But we will have to learn to adjust our sails, quickly and deftly, to the winds of change.
Evolutionary and incremental growth will have to accommodate rapid disruptions brought in by advances of science and technology. Innovation, more so inclusive innovation, will have to become a way of life. Education will have to keep pace with technology.
In the race between man and machine, the winner will have to be job generation. The velocity of technology adoption will call for a workforce that is willing to learn and adapt. Our education system will have to join hands with innovation to prepare our youth for life-long learning.
Fellow citizens: Our economy has been performing well despite the challenging global economic conditions. In the first half of 2016-17, it grew at a rate of 7.2 percent -- same as that last year -- showing sustained recovery.
We are firmly on the path of fiscal consolidation and our inflation level is within comfort zone. Though our exports are yet to pick up, we have managed a stable external sector with sizeable foreign exchange reserves.
Demonetisation, while immobilising black money and fighting corruption, may have led to temporary slowdown of economic activity. As more and more transactions become cashless, it will improve the transparency of the economy.
Brothers and sisters: Born in independent India, three generations of citizens do not carry the baggage of colonial past. These generations have had the privilege of acquiring education, pursuing opportunities and chasing dreams in a free nation.
This sometimes makes it easy for them to take freedom for granted; to forget the price that extraordinary men and women paid to win this freedom; to forget that the tree of freedom needs constant care and nourishment.
Democracy has conferred rights on each one of us. But along with these rights, come responsibilities which have to be discharged.
Gandhiji said and I quote: “The highest form of freedom carries with it the greatest measure of discipline and humility. Freedom that comes from discipline and humility cannot be denied; unbridled license is a sign of vulgarity injurious alike to self and others” (unquote).
Fellow citizens: Youth today are brimming with hope and aspirations. They pursue their life goals, which they perceive will bring them fame, success and happiness, with single-minded devotion. They consider happiness as their existential objective, which of course is understandable.
They search for happiness in the highs and lows of day-to-day emotions, and in the fulfilment of the objectives they have set for themselves. They look for a job as well as a purpose in life. Lack of opportunities leads to frustration and unhappiness which manifests itself in anger, anxiety, stress and aberrations in behaviour. This has to be dealt with by inculcating pro-social behaviour through gainful employment, active engagement with community, parental guidance, and empathetic response from a caring society.
Brothers and sisters: One of my predecessors left on my table a framed quotation which reads (and I quote): ‘The object of government in peace and in war is not the glory of rulers or races but the happiness of the common man’ (unquote).
Happiness is fundamental to the human experience of life. Happiness is equally the outcome of economic and non-economic parameters. The quest for happiness is closely tied to sustainable development, which combines human well-being, social inclusion and environmental sustainability. We must make happiness and well-being of our people as the touchstones of public policy.
Many of the flagship initiatives of the government have been designed to promote the well-being of the society.
The Swachh Bharat Mission aims at a Clean India by 2nd October, 2019 to coincide with the 150th Birth Anniversary of Gandhiji. Increased spending on programmes like the MGNREGA is enhancing employment generation to rejuvenate the rural economy. Aadhaar, with its present reach of over 110 crore people, is helping in direct transfer of benefits, plugging leakages and improving transparency.
The Digital India programme is creating a knowledge economy through universal provision of digital infrastructure and platforms for cashless economic transactions. Initiatives like Start-up India and Atal Innovation Mission are fostering innovation and new-age entrepreneurship. Under the Skill India initiative, the National Skill Development Mission is working on skilling 300 million youth by 2022.
Brothers and sisters: It is my firm conviction that India's pluralism and her social, cultural, linguistic and religious diversity are our greatest strength. Our tradition has always celebrated the 'argumentative' Indian; not the 'intolerant' Indian. Multiple views, thoughts and philosophies have competed with each other peacefully for centuries in our country.
A wise and discerning mind is necessary for democracy to flourish. More than the unison of ideas, a healthy democracy calls for conformity to the values of tolerance, patience and respect for others. These values must reside in the hearts and minds of every Indian; inculcating in them a temperament of understanding and responsibility.
Fellow citizens: We have a noisy democracy. Yet, we need more and not less of democracy. The strength of our democracy is evidenced by the fact that over 66 percent of the total electorate of 834 million voted in the 2014 general elections.
The depth and breadth of our democracy sparkles in the regular elections being held in our panchayati raj institutions. And yet, our legislatures lose sessions to disruptions when they should be debating and legislating on issues of importance. Collective efforts must be made to bring the focus back to debate, discussion and decision-making.
As our Republic enters her sixty-eighth year, we must acknowledge that our systems are not perfect. The imperfections have to be recognised and rectified. The settled complacencies have to be questioned. The edifice of trust has to be strengthened.
The time is also ripe for a constructive debate on electoral reforms and a return to the practice of the early decades after independence when elections to Lok Sabha and state assemblies were held simultaneously. It is for the Election Commission to take this exercise forward in consultation with political parties.
Fellow citizens: In a fiercely competitive world, we have to work harder than ever to redeem the promises that we make to our people.
We have to work harder because our war on poverty is not yet over. Our economy is yet to grow at over 10 percent for an extended period of time to make a significant dent on poverty. One-fifth of our countrymen still remain below poverty line.
Gandhiji’s mission to wipe every tear from every eye still remains unfulfilled.
We have to work harder to provide food security to our people and to make the agriculture sector resilient to the vagaries of nature. We have to provide better amenities and opportunities to our people in villages to ensure a decent quality of life.
We have to work harder to provide enhanced employment opportunities to our youth through the creation of world-class manufacturing and services sectors. The competitiveness of the domestic industry has to be improved by focusing on quality, productivity and efficiency.
We have to work harder to provide safety and security to our women and children. Women must be able to lead their lives with honour and dignity. Children must be able to enjoy their childhood to the fullest.
We have to work harder to change our consumption pattern which has resulted in environmental and ecological de-gradation. We have to appease nature to prevent it from unleashing its fury in the form of floods, landslides and droughts.
We have to work harder because our pluralistic culture and tolerance are still being put to test by vested interests. Reason and moderation should be our guide in dealing with such situations.
We have to work harder to keep at bay the dark forces of terrorism. These forces have to be dealt with firmly and decisively. The forces inimical to our interests cannot be allowed to grow.
We have to work harder to ensure the well-being of our soldiers and security personnel who protect us from internal and external threats. And, we have to work harder because; we are all equal children before our mother; and our motherland asks each of us in whatever role we play; to do our duty; with integrity, commitment and unflinching loyalty; to the values enshrined in our Constitution.
Important Sectors - Contribution in $20 trillion India GDP
Estimated by Prof. Narayana Rao K.V.S.S. (based on a comparison with current GDP of USA and various projections by Indian agencies and experts) Readers are requested to give their opinions through comments.
Government - Central, State and Local Government - 15% - $ 3 trillion
Agricultureand Mining - $1 trillion (difficult. USA only $500 billion)
Construction - $ 1 trillion
Manufacturing 25% - $ 5 trillion
Services 50% - $ 10 trillion
Total - $20 Trillion
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Detailed Sector-wise Breakup - India $20 Trillion GDP
Government
Centre
State
Local Government
Agriculture
Cereals
Grams
Oil Seeds
Cotton
Mining
Coal
Crude oil
Iron Ore
Construction
Airports
Hotels
Houses
Office Space
Retail Malls
Roads
Manufacturing
Manufacturing 25% - $ 5 trillion
Automobiles - $1 trillion
Air Planes
Chemicals
Defence Equipment
Electrical equipment
Electronic devices
Petroleum - Extraction and Refining
Pharmaceuticals
Power Production
Railway Equipment
Metal refining
Textiles
Services
Information Systems
IT - $1 trillion
Shelter (Makan)
Real Estate - Offices, Hotels, Resorts and Residential Houses - Renting and Leasing - $1.75 trillion
Financial Sector
Banking, Mutual Funds and Insurance - $1.5 trillion
Health Care Sector
Health and Social Care - $1.5 trillion
Marketing Activities
Wholesale and Retail Trade - $2.25 trillion
Media (Advertising and subscriptions) - $0.75 trillion
Entertainment - $0.75 trillion
Films
Tourism
Music Programs and Theater
Museums
Education
Education - $0.25 trillion
Primary
Secondary
Graduate
Post Graduate
Phd research
Continuing education
VISAKHAPATNAM: To promote and strengthen the MSME sector in the district, the district administration has appointed a 12-member committee, including former chairmans and managing directors of RINL, BHPV and HSL Siva Sagara Rao, Venkateswarlu and RL Bhatiya.
The Union government's public procurement policy-2016, clearly advocates that every PSU should procure at least 20 per cent of its material from MSME sector.
Action in respect of Re-organisation of Andhra Pradesh has been completed as the Conceptual Development Plan (COP) in respect of Vizag-Chennai Industrial Corridor (VCIC) was submitted by the Asian Development Bank (ADB) in December 2014 as part of ECEC. ADB has identified four nodes namely Vishakhapatnam, Kakinada, Gannavaram-Kankipadu and Srikalahasti-Yerpedu of Andhra Pradesh for development.
The Draft Final Report on Reginal Perspective Planning (RPP), was submitted to Government of Andhra Pradesh (GoAP) in February 2016 by ADB to solicit their feedback.
Master planning of all four nodes as identified by ADB in their COP commenced on 21st March, 2016 and is likely to be completed by March, 2017 http://www.makeinindia.com/live-projects-industrial-corridor
May 2016
ITC will set its Agri-Business Headquaters at Guntur, A.P.
Jan 2016
A.P. - CII partnership Summit resulted in signing of memorandums for a total of Rs. 4,78,000 crore with private sector (331 MOUs) and total of Rs. 6.21 lakh crores including public sector.
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Updated 21 January 2017, 13 November 2016, 1 May 2016, 14 Jan 2016
