The current definition of MSMEs is based on the size of investment in plant, machinery and equipment, allowing leeway for manipulation and different interpretations.  Thus there is a need for basing the definition on annual turnover to bring more uniformity and transparency.

Lack of is a major barrier for  potential entrepreneurs, especially those from  disadvantaged socioeconomic groups or minorities. This brief argues for an Entrepreneur Resource Centre and outlines the functions it must fulfil in order to meet its objective.

A roundtable was organised at CCS in order to gather solutions to the problem of compliance with regulatory norms that govern starting, operating and exiting a business. The objective of the roundtable was to envision a framework that allows for increased registration of enterprises with Ministry of Micro, Small and Medium Enterprises.

This policy brief outlines possible State amendments to the Industrial Disputes Act, 1947; Factory Act, 1948; Contract labour Act, 1970 and Apprenticeship Act 1961.

Policy reforms are proposed for the implementation of a single window clearance system in the three matters of starting a business, compliance with taxation regulations and consolidating labour related requirements.

The new Rules have been implemented in order to fast-track the patent application and processing procedure. It provides clarity on the manner in which certain information and sketches are to be furnished. It also allows ‘expedited examination of applications’ for specific circumstances.

With this ordinance, the Arbitral Tribunal must make its award within 12 months and if it does not, the parties may extend the period to a further 6 months. Thereafter, only the Court can extend the period on grounds of a sufficient cause.

The establishment of commercial courts is key to reforming the civil justice system and ensuring the speedy disposal of cases. It is also a necessity for ease of doing business and so far, with respect to enforcing contracts, India ranks a dismal 189th.

The Amendment has eliminated the requirement of a minimum paid-up capital, made the requirement of a common seal optional, omitted Section 11 to make the process of starting a business easier, introduced penal provisions for contravention of Section 73 and Section 76 of the original Act amongst other amendments.

Nimisha Srivastava, CCS Working Paper No. 66 (Licenses & Livelihood)

Eva Weidrich, CCS Working Paper No.61 (State, Market & Economy)

Princy Saini, CCS working paper no 319

Vrinda Aggarwal, CCS working paper no 329

Priyanshi Gupta, CCS working paper no 320

Raunaq Sahu, CCS Working Paper No. 261

Aditi Kumar, CCS Working Paper No. 254

Abhigna AS, CCS Working Paper No. 235

By Ragupathy Venkatachalam

By Viren Falcao

By Nandini Hampole And Naveen K

By Purnima Gandhi And Pravesh Saha

Kumar Gaurav & Mayank Singhal, CCS Working Paper No. 63 (Licenses & Livelihood)

Neha Swetambari, CCS Working Paper No.21 (Governance)