Current Affairs > Daily Current affairs

My Notes- 01JAN2016 01-01-2016

Textile scheme – Amended Technology upgradation fund scheme

Government of India cleared amended technology upgradation fund scheme – In this apparel, Garment and technical textiles will get will get 15% of subsidy on capital investment, subject to a max ceiling of 30 crores over 5 years.

On the other years a 10% subsidy is given on capital investment to a maximum of 20 crores over a period of five years.

The existing scheme does not cover the spinning sector, where already excessive capacities exist.


It can improve the employment generation in Textile sector and can make them globally competitive. Around 1lakh crore rupees of investment is expected.

Technical textiles – These are products manufactured for protective clothing, textiles used in applications such as automotive and Medical field.

Government created incubation centers in this field.

Other proposals by ministry of Textiles

1)      Tax holidays to establish textile parks

2)      Reduction of excise duty on man made fibres from current 12 percent

3)      To promote cotton, Price deficiency payment system in place of MSP is being tried on a pilot basis in wardha.

Textile Industry – Zero liquid discharge

Ministry of environment provided new guidelines prescribing Zero liquid discharge for the textile processing units emitting greater than 25 kilo liters of water a day.

Added to this, textile clusters irrespective of individual unit size shall establish common effluent treatment plants, irrespective of waste water discharge levels.


It may worst affect the textile sector and changes are capital intensive and can makes our exports uncompetitive. So, it can be introduced in a phased manner and alternatives such as marine discharge can be tried out.

Disaster management

Army is frequently roped in for various disaster responses in India. It is increasing the dependency on the armed forces further and their statutory duty to train and nurture the disaster response system is ignored.

According to Disaster management act, 2005 armed forces role is only supportive and major responsibility is on the shoulders of NDMA, NDRF and state Governments. Barring few states like Odisha, none of the states really established the responsive units. Their police, fire and home guards were trained. Guidelines that are put in place for vulnerability studies and source list of goods for emergency services are not done yet.

NDRF on its part also suffers from shoprtfall of staff and Bureaucratic failures. It is not made functionally independent or accountable for its actions.

To improve disaster response

1)      Local teams shall be made available immediately on call.

2)      Rules for calling army shall be clearly defined. It must be restricted only to the national calamities and what constitutes a national calamity shall be clearly defined.

Diplomacy of Business

Diplomacy and Business are intricately related to each other and one promotes the interests of the other. Global Business leaders have access to important leaders and have a strong networks established. It can provide for a back channel negotiations and engagement. They defacto emerged as national ambassadors.

It is a standard western practice to engage the business along the leaders as these countries see promoting their business is in the national interest. Commerce divisions in embassies are exclusively involved with promoting the business interests.

The growing associations of business in the form of world economic forum, Boao forum made the exercise of i8nteraction between Business and Political leaders a regular annual affair. Business firms are also investing in securing information on geo political risks to invest abroad. Geo political risk consultancy is a growing field to this extent.

In India, though Business makes an important role, the excessive stress on protocol by Bureaucracy, fear of accusations of cronyism, corruption makes the politics to keep a distance from business in official engagements. In a market economy, Government shall play its role in encouraging the business.


Labors love

Indian constitution provides for right to form a union and collective bargaining flows from this. But, this is systematically deprived for the Indian industrial workers. Temporary workers intake is increasing and they are even employed in core business. In spite of contractual labour (Regulation and Abolition) act, 1970 prohibits it, weak law enforcement mechanisms are making it to happen.

Today, the bargaining between capital and Labour weakened to such a level that, it is not more about bargaining for better conditions of work and now having a space for a union itself became the objective. The amendments proposed can make the situation of labour much worse and can increase the ease of taking more temporary workers.

question of the day

Discuss the amendments to the labour laws proposed in India. Do you think they are shifting the balance away from the welfare of the labour? Throw light with recent examples of Industrial unrest. 


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