E
ight pm on Eighth of November 2016 will forever be etched as the most shocking moment
for many a people in our country. The Prime Minister spoke to the nation and announced
demonetisation of high denomination currency notes. It was a tsunami for some, but it
was welcomed by most. PM Modi’s ‘Swachha Bharat’ had made another clean sweep!
All hues of economists are busy making assessments of the after effect. Political parties are as usual
busy politicizing the subject to the extent being irrelevant and every channel on the television and all
the tabloids and news papers were making hay while the queues grew longer and longer. The events
also brought forth a lesson that the big and mighty are well advised to keep quiet for a little longer
instead of voicing their motivated forecast in a hurry. The fallacy of the statements by Dr. Amartya
Sen, Dr. Kaushik Basu and above all Dr. Manmohan Singh about the effects of demonetisation was
evident even while they were pronouncing it. The failed ‘Bharat Band’ and the thumping vote of the
common man during the local body elections that the ruling party received in Maharashtra and Gujarat
20 days after the demonetisation is a reflection of the fact that the common man approves of this
move despite the hardships faced due to the cash shortage.
Agreeably this was the most essential most daring and the most secretive of the actions our government
ever took. As we go to press on this last day of November 2016, all the banks in the country are still
busy counting an enormous inflow of cash that is flowing in to the formal banking system. The RBI’s
annual report 2015 – 16 stated that the currency in circulation in the denominations of 1000 and 500
rupees is Rs. 14, 17, 950 Crores. Out of this as per the RBI data between 10 to 27 November, Rs.8, 44,
982 Crores including Rs.33, 948 Crores of exchanged money was brought in, into the banks. We still
have thirty more days before the window for depositing the old currency is closed. It is evident that
the 10 Trillion mile stone will be crossed with a handsome margin by that day. This also means that b
the end of the year banks will have excess liquidity after catering for normal withdrawals during the
same time. We are sure RBI and the FM will already be working on withdrawing some of this liquidity
by issuing some securities. Nevertheless the buoyancy gained will be unprecedented.
As is said, “Sometimes the best helping that you can get, is a resounding slap across your face”. The
corrupt people small and large would have got the help they deserve. Considering that the income
tax amendment will provide 49.9 % as tax and a 25% as a deposit for the “Pradhan Mantri Garib
Kalyan Yojana” (PMGKY)there will be sufficient funds for all poverty alleviation programmes. Critics
are making exaggerated forecasts of drop in the growth rate. The moderates and the studious are
putting the short term set back to the growth rate to be 0.5% to 0.9%. We are of the opinion that the
effect of this event has to be assessed and seen in short, medium and long term. We do believe that
the drop in growth rate will be short lived and not exceed two to three quarters. The objectives of
unearthing black money and eliminating terror funding will be achieved in large measures, the money
Contents
VOL. XLVI NO.: 02 December 2016 44 Pages ` 80
GLOBAL BUSINESS
OPPORTUNITIES ABOUND IN
WISCONSIN
W isconsin is a U.S. state located
in the north-central United
States, in the Midwest and Great
(18,990 km), 13 Railroad Lines:
8 Commercial Airports,
Commercial Ports and 03 Foreign
13
STRONG BUSINESS GROWS
IN WISCONSIN
Wisconsin’s reliable infrastructure,
Lakes regions. It is bordered by Trade Zones create a seamless link skilled workforce and business-
Minnesota to the west, Iowa to the in the nationwide intermodal system friendly policies provide a solid
southwest, Illinois to the south, Lake to move goods to market. foundation for business growth.
Michigan to the east, Michigan to
Following Pie Chart will demonstrate But that’s just the beginning.
the northeast, and Lake Superior Companies choosing to relocate or
it to you the share of industries in
to the north. Wisconsin is the 23rd expand their operations in the state
the GDP of Wisconsin.:
largest state by total area and the benefit the state’s proven research
20th most populous. The state and development capabilities and
capital is Madison, and its largest city
WISCONSIN GDP 2015 strong collaboration between
academia and industry. And for
is Milwaukee, which is located on
those looking to hit the ground
the western shore of Lake Michigan.
running, Wisconsin offers
The state is divided into 72 counties.
development-ready certified sites.
Wisconsin is ideally located and The result is a business climate that
has just the right infrastructure for helps companies operating in the
business and industry to flourish. state to compete
Manufacturing including both nationally
Agriculture, Utilities,
The infrastructure of Wisconsin and globally.
Construction and Mining
makes up 27%, the
comprises of 9 Highway systems Also let us bring to
largest share of the
your notice that
covering more than 11,800 miles Following
Wisconsin are the
economy. top destination
for Exports:
Scientific & Medical Instruments $76.4 -3.64% customized university and technical
Apparel $73.7 -8.42% college training programs focused
Pharmaceutical Products $72.7 -15.97% on productivity and workplace
Industrial Machinery $61.7 +8.45 readiness.
World-class supply chain: With more
than 460,000 manufacturing jobs in
B
in turn, has led to a steady increase in the part of the borrowings are being used to
udget 2017-18 comes with the
promise of ‘Being Different’.
From this budget on, there will
be a removal of the distinction between
plan and non-plan expenditure, a merger
of the general with the railway budget,
as also the advancement of the budget
presentation by a month. Will these
changes end up being merely cosmetic
changes, or do they signify meaningful
‘structural reforms’ as claimed by the
government. Given the significance of
fiscal policy in affecting growth, and the
constraints on monetary policy to achieve
the same, it is important that consecutive
budgets provide a flavour of their growth
–generating potential.
This paper seeks to critically analyse
the budgeting exercise and provide
suggestions for the way forward.
1. BUDGETS IN INDIA
The Fiscal Responsibility and Budget
Management Act (FRBM) and the
revised roadmap of fiscal consolidation
presented by the Thirteenth Finance
Commission provided the roadmap
for fiscal consolidation for successive
governments. Figure 1 provides a
snapshot of the performance of the
Union government on different fiscal
indicators set out.
The story of fiscal consolidation-
especially in the wake of the drastic
decline in the growth rates of the economy
in the aftermath of the global financial
crisis- was one of sharp reductions in
total expenditures as a proportion of
GDP. The decline was sharper in the case
I
n the wake of demonetization brackets such as :- below rs. 10 lakhs, and how much tax each of these slabs
and GST, people expect a forward 10-20 lakhs, 20-50 lakhs, 50-100 lakhs, contribute.
looking, bold and aggressive 1 – 5 cr , 5 cr to 10 cr and so on. This
Further, what is the agri income (its
budget from the govt. of India. Their will help us to create an honor tax
freq distribution) and in what income
expectations from the Prime Minister slab of 40% for those with income
slab these entities with agri income fall.
Modi are sky high. But Narendra Modi above Rs. 50 lakhs which according to
I notice a column on agri income in
is a practical baniya at heart and he our estimates will bring a substantial
the income tax return form. If the agri
should be able to provide a sensible contribution to improve the I Tax to
income is not shown in the returns , it
yet unconventional budget. He has GDP ratio. Incidentally, even USA
must be made obligatory . Today, those
recognized the mood of people and most European countries with
who have only agri income don’t file
to accept some hardships in the lesser income inequality than us have
any tax returns. We should insist that
implementation of demonetization. marginal slabs above 45 to 60% A slab
they should also file income tax return
Subsequent steps to reduce the grip of 40% is fully justifiable for incomes
with or without income tax.
of black money on our economy beyond Rs. 50 lakhs pa.
and polity be a part of the economic Tax agri income if the assessee has
agenda which would naturally lead Intelligent information on taxation
income from other sources.
to the budget which will be more & macro finance to make sense to
of an overall policy document now citizen It is believed that exemption of
that railway budget will also be a agricultural income is extensively
The debate on both GST and
part of general budget. People are abused. From these returns- which
demonetization of 86% of the
in a mood to accept some bold pro are totally in digital format, it is quite
currency has highlighted the need
people initiatives. For last 2 years, possible to identify how many assesses
for clear & meaningful information
we have benefitted from low oil and have declared agricultural income. We
and database has become important
commodity prices. General Inflation is can find out total agri income that
in the era of Digital India. Smarter
under control and food inflation can is declared and correlate the same
& comprehensive measures against
be tamed with good monsoon. It with income from other sources and
the stock and flow of black money
is, therefore, worthwhile now, as establish correlation between them.
are needed. Analyse & mine the tax
compared to any time in the past, This can help us to identify the likely
returns of 3.5 cr income tax assesses.
to set out some hitherto impossible assesses who may have shown agri
ideas into action both in raising the It is not only an academic purpose income just to avoid the income tax.
resources, spending wisely on a scale that we should have numerical analysis It is useful to provide tax break for
with focus- which was not attempted of these tax returns which doesn’t agricultural income but only if there
so far. This govt has made Digital India violate any privacy of any tax payers. is no other substantial income. Also
as a key program and we should expect It would be very useful to know how pure agri income beyond Rs. 10 lakhs
some high quality information and many tax payers are there in each of should be taxed. By using intelligent
statistics to provide the justification the following income slabs – below 5 digital info sources, we can find out
for the new initiatives. lakhs, 5-10 lakhs, 10-20 lakhs, 20-50 where the clear intention is tax evasion
laks, 50 to 100 laks, 1 cr to 5 cr , 5 to as adjusting other unaccountable
Analysis of tax returns will tell us 10 cr, 10 to 25 cr, 25 to 50 cr, 50 to 100 income with notional agri income.
no. of assesses in different income cr and above 100 cr as annual income
Gender concerns in
The Union budget 2016-17
Prof. Vibhuti Patel
B
udget is an important tool in the media coverage. Budget impacts must be in the name of women members
hands of state for affirmative women’s lives in several ways. It directly of poor households. The timeline given
action for improvement of promotes women’s development by the FM state that during 2016-17,
gender relations through reduction through allocation of budgetary funds crore 50 lakh BPL (Below Poverty Line)
of gender gap in the development for women’s programmes or reduces households. The budget also promises
process. It can help to reduce economic opportunities for empowerment of to continue the Scheme for at least two
inequalities, between men and women women through budgetary cuts. more years to cover a total of 5 crore
as well as between the rich and the poor BPL households. This scheme may be
Union Budget 2016-17:
Hence, the budgetary policies need to boon to ‘neo-middle class’ but majority
keep into considerations the gender The Railway Budget and the Union of the toiling poor women cannot
dynamics operating in the economy Budget for financial year 2016-17 were afford to buy ‘subsidized’ cooking gas
and in the civil society. There is a need presented on 25-2-2016 and 29-2-2016 @ Rs. 6000/- per cylinder.
to highlight participatory approaches respectively. The Union Budget 2016-
bottom up budget, child budget, green 17 has allocated Rs. 90625 crores for Predicament of women Farmers
budgeting, local and global implications gender concerns in different ministries. Women farmers and cultivators are the
of pro-poor and pro-women budgeting But it does not show any increase in the backbone of agricultural production in
and inter-linkages between gender- “Gender budget” i.e. financial allocation India. Majority of agricultural labourers
sensitive budgeting and women’s that directly benefits women and girls are women. In agricultural sector also
empowerment. Understanding the with budget allocation of 4.58% of the the allocation at Rs 20400 crores is
relationship between macroeconomic total. The revised estimate in the Union lower as compared to the 2014-15 in
policies and the Union Budget, state Budget for 2015-16 is 4.55 per cent of which the allocation was Rs 22309
budgets and the local self-government the total allocations and the financial crores. The current budget makes a non-
institutions in the context of economic allocations to the Ministry of Women plan allocation of Rs.15000 crores to
reforms and globalisation is a MUST as and Child Development (MWCD) were the Ministry of Agriculture to transfer
it has influenced women’s lives in several slashed from Rs. 21194 crores to Rs. funds to compensate commercial banks
ways. It is good economic sense to make 10382 crores. Due to pressure from the for providing subsidised credit to
national budgets gender-sensitive, as MWCD, the revise budget was increased agriculture.
this will enable more effective targeting to Rs. 17352 crores. The current budget
has made financial allocation of Rs. The budget permits 100 per cent FDI
of government expenditure to women
17408 crores to MWCD. in rural markets. This wills women
specific activities and reduce inequitable
small and marginal farmers hard.
consequences of previous fiscal policies.
Cooking Gas: Entry of corporate sector into agrarian
The Gender Budget Initiative is a policy
The Union Budget allocates Rs. 2000 marketing has already made condition
framework, methodology and set of
crores to provide the BPL families with of farmers precarious as a result of
tools to assist governments to integrate
a cooking gas connection at a subsidized their monopolistic control where large
a gender perspective into the budget
rate so that poor women will not have number of poor sellers face handful of
as the main national plan of public
to use Chulhafor cooking resulting buyers. Desperate farmers will have to
expenditure. It also aims to facilitate
into inhalation of carbon monoxide, distress selling of their products to the
attention to gender analysis in review
major cause of their respiratory tract multinational corporations.
of macroeconomic performance,
ministerial budget preparations, infections. Gender economists have Several states in our country are facing
parliamentary debate and mainstream demanded that the LPG connection severe drought resulting into agrarian
M
aharashtra accounts for to 2013-14. The budget estimates was budgeted at 10.2%, which
nearly 14% of gross for 2016-17 had placed State’s OTR is marginally less than 10.5%
state domestic product even lesser at 6.5% of GSDP, further estimated for 2015-16. The revenue
(GSDP) of all states. Being one of undermining the positive prospects expenditure are classified under
the largest states in the country, its of States’ OTR’s contribution to the three major headings, namely, social
fiscal strength has a definite bearing total revenue receipts. This is because services, economic services and
on the combined finances of both the revenue received from Sale Tax, grant-in-aid and other support to
central and state governments. This which constitutes a considerable local bodies.
article aims to examine the fiscal part of State’s OTR followed by
Since the development expenditure
scenario of the state of Maharashtra Stamps and registration Fees, has
under revenue side during 2015-
by examining trends in its receipts not contributed much to the share
16 was 7.1% of GSDP, but the
and expenditure of the recent years. of revenue receipts to GSDP.
budgetary allocation for the same in
In addition, we have considered
The tax to GSDP ratio is one of the 2016-17 has been reduced to 6.7%
the actual for the first half (that is,
key economic indicators in gauging of GSDP. The expenditure incurred
April-September) of 2016-17 and
the fiscal performance of the state. under social services items in 2015-
compared the same with that of the
However, in the aforementioned 16 accounted for 4.7% of GSDP,
corresponding period of last year.
scenario, the tax-GSDP figures are but the same was budgeted still
1. Trends in Receipts and indicative of a subdued performance, lower at 4.5% of GSDP in 2016-17.
Expenditures in so far as the Budget Estimates of Lower budgetary allocations are seen
i) Revenue Receipts 2016-17 are concerned. Even in the throughout social sector segments,
absolute terms, the growth rate of except for ‘water supply, sanitation,
According to the state budget of
revenue receipts has been anticipated housing and urban development’.
Maharashtra for the year 2016-17,
to decelerate by 11.3% in 2016-17 Expenditures estimated on major
total revenue receipts of the state,
(BE) from 19.8% registered during segments namely , ‘education, sport,
as percentage of its GSDP, stood at
2015-16(RE). Furthermore, Grants art & culture’ , ‘health & family
10.1% in 2015-16. However, it was
in Aid from Central Government welfare’, ‘social welfare and nutrition’,
budgeted to be even lower at 10.0%
have also been estimated to decline have dropped in 2016-17 to 2.2%,
of GSDP in 2016-17.
by (-) 0.1 to Rs 24,964 crore in 2016- 0.4% and 0.5%, respectively, from
States Own Tax Revenue (OTR), 17 (BE) against Rs 24, 982 crore in 2.3%, 0.6% and 0.7%, respectively,
which constitutes the major portion 2015-16 (RE). As a percentage to in 2015-16 (RE). Even though the
of total revenue receipts, registered a GSDP too, they are expected to fall anticipated expenditure to ‘water
decline to 6.6% of GSDP in 2015-16, to 1.1% of GSDP in 2016-17 (BE) supply, sanitation, housing and
from 6.9% to 7.2% witnessed during compared to 1.3% during 2015-16 urban development’ has increased, it
2009-10 to 2012-13. Simultaneously, (RE). (Table 1) was only marginal to 0.7% of GSDP
the share of OTR in total revenue in 2016-17 from 0.6% of GSDP in
ii) Revenue Expenditure
receipts fell to 65.8% in 2015-16 2015-16. Overall, there is drop in the
from 68% to 72.5% during 2009-10 Revenue expenditure (RE), as a
expenditures on the social services.
percent of GSDP in 2016-17,
T
he 85th annual budget Scheme (CLCSS) (CGTMSE) is a good step for the
presented by Finance Minister 4. Scheme of Fund for Regeneration growth of this sector as the scheme
of India Mr. Arun Jaitley of Traditional Industries (SFURTI): aims to provide credit to Micro and
in the Lok Sabha could be termed as 5. Micro and Small Enterprises Small enterprises for loans up to Rs.
development centric as it was a positive Cluster Development Programme 100 lacs without collateral or third party
move towards making Indian Industries (MSE- CDP) guarantees.
self-capable to make them perform But there is a need to categorize the loan
6. The Niryat Bandhu Scheme
better in global arena and this would amount as per the various stages like:
act as a highway to develop a new India. All these above are sounding like a
R
esearch Fund….. loans up to Rs.
But still there is a long way to go as documented plan without any road
10 lacs
some part of our budget is only a well maps of implementation. As Prime
Minister’s Employment Generation A local cluster can be formed who
Documented Plan rather than Plan
Programme (PMEGP) is dedicated will help in offering research data on
of Action with Implementation.
to generate employment for the masses market, customer, and competitors.
Government of India has been It will also help in conducting
planned and started various schemes and for that there is a need to start a
new vertical which will monitor the research to know the feedback of
to promote and develop Indian MSME the customer and needs & wants of
sector which includes: pulse of the market and suggest the
MSME what to produce and where to the market.
1. Prime Minister’s Employment Start-up Fund….. loans up to Rs.
market. So there is a need for Prime
Generation Programme (PMEGP) 200 lacs
Minister’s Market Monitoring
2. Credit Guarantee Trust Fund Agency (PMMMA) apart from For setting up the enterprise,
for Micro and Small Enterprises PMEGP. the government will sanction
(CGTMSE) loans to purchase machineries
Credit Guarantee Trust Fund
3. Credit Linked Capital Subsidy for Micro and Small Enterprises and setting up the plants and can
become the partner along with
that enterprise (PPP Model-Public
Private Partnership Model).The
government can monitor the
progress or pain of that enterprise
and can offer on the spot solutions.
Production Purchase Fund…..
loans up to Rs. 100 lacs
M
arket Promotional Fund….. loans
up to Rs. 100 lacs
E
xpansion Fund….. loans up to Rs.
100 lacs
U
pgradation Fund….. loans up to
Budget 2016: The 85th annual budget presented by Finance Minister of India Arun Jaitley can be called a growth Rs. 100 lacs
oriented one putting major thrust on Agriculture and infrastructure. (Photo: PTI)
by the Institute as per the need of the raw materials, components, finished
union-budget-2016-announcements-for-msmes/
T
Dr P. Sekhar
he aim of this article is to publishers of the budget under the for a particular purpose and the summary
explain that the level of finance ministry, are kept isolated from of intended expenditures along with
sustainable growth or pre- the press and other sources. proposals for how to meet them.
empt strategic plan for to minimize
the budget deficits and maximize DEBT POSITION OF THE
BUDGET
the infrastructure development for GOVERNMENT OF INDIA
A budget is really a quantitative
national growth. expression of a monetary fund The outstanding internal and external
allocation for various activities in a debt and other liabilities of the
ORIGIN OF BUDGET limited period of time. It may include Government of India at the end of
The phrase budget is evolved from planned sales volumes and revenues, 2016-2017 is estimated to amount to
bowgette that means ‘a leather bag’ in resource quantities, costs and expenses, INR. 74,38,181.45, as against INR.
French. The budget is declared publicly assets, liabilities and money flows. To 68,91,913.58 crore at the end of 2015-
to disclose the government’s effective put it simply a budget can be an itemized 2016(RE).
future expenditures intended to make summary of likely income and expenses Comparison of BRICS Nations Key
stronger the nation’s economy and make for a certain period. It is a crucial tool to Sector Budget Allocation
secure economic stability through tax assist the government too many things
proposals. to do and must prioritize spending and BRICS is the acronym for the association
manage receipt for national growth. It of five nations – Brazil, Russia, India,
The budget was first introduced in China and South Africa. As the total
will be significant indicator for strategic
India on 7th April, 1860 by the East- government revenue varies widely among
plans of business units, key industry
India Company to the British Crown. the BRICS nations, budgetary allocation
organizations, corporate activities or
Pre-independence finance minister, to some key sector as percentage of
events in measurable terms.
James Wilson presented the budget in GDP is good indicator to compare
1860. One week prior to the disclosure, A budget is the sum of money allocated government spending.
T
Friday, as Republican and Democratic been a standout doing the exact
his column focuses on trends in leaders in Congress told the White opposite but with no opprobrium
global trade and investments in the House they won’t advance it in the or international pressures to stop
past month. election’s aftermath, and Obama doing it!
administration officials acknowledged
This month two events dominated Consequences of this revival
it has no way forward now.
the global picture. Donald Trump’s of OPEC for global economies
victory in the presidential race Obama Administration Gives Up are mixed.
and its immediate reflection in US on Pacific Trade Deal - WSJ from
The oil exporting countries
Congressional attitudes and activity Mohamed A. El-Erian’s 1Tweet
should see some relief after
was one. The renewal of OPEC’s The other major development eight years of declining fortunes
cartelisation activity was the other. was the revivification of OPEC which have seen the UAE turn
One of the consequences of largely at the urging of Saudi to real estate development to
the Trump transition was the Arabia, which had tried for years keep the economy going, while
sounding of the death knell for the to kill the shale oil development the Saudis pumped up a war in
Trans-Pacific-Pact or TPP trade in the USA by keeping oil prices Yemen and not satisfied with
agreement mostly between Pacific low by overruling the cartel’s that pushed fundamentalists like
ocean littoral members of the G20 tradition of output-restriction, ISIS to start battles on numerous
excluding Russia and China. The but succumbed owing to huge fronts while encashing some
pact was an obnoxious one that losses of sovereign revenues of their investments in the
had been promoted by Obama and implications for their own developed world to pay the bills.
and his Secretary of State Hillary country’s economy and polity. Iran, an important market for
Clinton but later denounced by all Curiously, in a period of several Indian exports (largely via Dubai
the leading presidential candidates decades of global pressurisation sanction-beater-traders and
including Clinton and Sanders but in trade negotiations (of hence misreported as exports
most notably by the winner, Donald primarily developing countries) to the UAE) got great relief in
Trump. Ironically and some what for opening up of imports to the deal whereby its “cut” was
curiously, it was obnoxious to both us enable increased output in the not on October 2016 production
in India (not a party) and for Trump exporting countries, OPEC has but on a theoretical maximum
but for different reasons! Clearly reached several years ago. Russia
both saw it as a losing proposition 1 Mohamed A. El-Erian is an Egyptian too may see some improvement
even as the pharmaceutical industry American businessman. He is chief in its fiscal balance depending on
economic adviser at Allianz, the
which drove the pact saw it as a actual output achieved.
corporate parent of PIMCO where
winner. An earlier column in this he served as CEO and co-chief The oil importing countries
series outlined the most obnoxious investment officer (2007-2014). He will see increased imports and
elements of the pact, viz the Inter- serves as chair of President Obama’s
impacts on inflation, but in a
state Dispute Resolution provisions. Global Development Council,[1] a
columnist for Bloomberg View,[2]
generally deflating economy this
A sweeping Pacific trade pact meant to and a contributing editor to the impact may be marginal at least
bind the U.S.and Asia effectively died Financial Times. at this stage.
S
techniques of collecting honey and selling it
arika Saswade is one of the
at the right price.
few women honey collectors in
the city. After accruing about Q. How did your initiative gain a
Q. What types of honey are you
10 years of experience in the field business dimension to it?
making?
and making it to the Indian School
A. After we learned the modern techniques
of Business, the guide speaks to her A. We are making different types of honey
to collect honey, the production of honey also
about the challenges of the profession — Purple Honey, hirada bhirada honey and
increased in huge quantities. The tribals also
and why honeybees are a species one Coriander honey. From the honey produced,
acknowledged the benefits and voluntarily
needs to pay heed to the organisation is also making chocolates,
asked for meeting the demand of the market.
modaks, and cakes. It is also used for coating
Q. When did you become interested in After this, the Sahyog Pariwar started
dry fruits.
becoming a honey collector? exhibitions and opened many outlets to which
there has been a good response. Q. What type of challenges do you
A. After completing a Masters in Social
face as a female honey collector?
Work, I started working with Sahyog Q. How many tonnes of honey do you
Pariwar, which is founded by Prashant collect? A. Firstly, women are less in this field. As
Savant. While working with the NGO that a woman, I am facing a number of problems
A. We have 750 beehives through which we
is dedicated to adopting environment-friendly like wandering in the night and finding/
are getting 20 tonnes of honey.
agricultural practices, I realised that the tribal negotiating with agents while selling the
population was getting shortchanged by the Q. Are women more suitable for product.
agents, when selling honey. I started working honey production?
The difference a bee makes
for the tribals and encouraged women to get A. Women are more suitable for this business
involved as well. So, since 2000, I have been “Well-known scientist Thomas Alva Edison
because they do it softly and skillfully.
working as a honey collector. once said, ‘If the honeybee is destroyed from
Women generally follow all the
the world, from that moment onwards all
instructions of cleanliness that
mankind would be wiped out from the world
are suitable to the bee.
within four years.’
Q. What type of training
This is because the honeybee plays a significant
do you provide to those
role in pollination. The bee is not only helpful
who are interested in
for increasing production of grain but quality
starting their own honey
also,” says Saswade.
farm?
A. To freshers, we give five
days’ training for 15 people in
One can see a beekeeper retrieving the bees during the their village.
honey making process
Prashant Sawant and Sarika Saswade ensure that bee-friendly honey collection practices are adhered to on their bee farm
Antibiotics in honey?
Here’s the solution!
ECO-FRIENDLY ALEFIYA RASHIQ Benecial workshops
H
ENTREPRENEURSHIP
oney,
Accolades earned Sarika, in collaboration with
Sahyog Pariwar, an NGO
conventionally z Both Prashant and Sarika have been from Mumbai, also conducts
Social considered to selected by the KVIB (Khadi and Village workshops which include five-
entrepreneurs be a safe, sweet Industries Board) as ‘Kendra Chalaks’ to day-long training programmes
Prashant Sawant energiser filled train the farmers and tribals of certain for farmers and tribals. Held at
with multiple health benefits, districts on bee-keeping nominal fees, the workshops
and Sarika Saswade was under the scanner z Amrutyog was awarded the acquaint the participants with
about a year and a half ago the finer aspects of bee-keeping.
from Sahyog following a Centre for Science
‘Bestselling organic honey product’ in
The group ensures honey
2011 at LOW Pre-Diwali NGO fair
Pariwar NGO are and Environment study.
z Saswade has also been selected Prashant Sawant Sarika Saswade
collection happens through
The findings claimed that natural means, and without
leading the pure most Indian brands of honey for the ‘10k women’ programme by causing any harm to the bees,
Symbiosis and ISB, held for women z Sawant has been selected by the
honey movement contained heavy dosages of
PPP programme of India and Germany,
or their eggs and larvae.
antibiotics, the consumption business entrepreneurs all over the >> Continued on Page 5
through workshops of which over time could world, on accord of her honey project. to keep the honey antibiotic-free
on bee-keeping result in resistance to
antibiotics, and further serious
EXTRAA
and natural honey To purchase Amrutyog
medical consequences. A ‘natural’ solution This is not a permanent collection process here.
Honey, or to register for
The question that The duo has taken up the setting—they keep on “We keep the bees in
collection remains then is, ‘Where initiative of collecting honey migrating so as to ensure that environments where they
bee-keeping training
workshops,
does one find pure honey, by nurturing honeybees the bees continue to thrive can get the most nectar and Contact
bereft of enhancement and in a natural environment. in abundance in a natural, pollen from the flowers, which Sarika Saswade: 9423577196
tweaks?’ Two environment Currently, they are looking floral environment. Two in turn help in pollination Prashant Sawant:
conservationists from after a settlement of 100 different varieties of bees, process. This, in the bargain, 9423851016
Maharashtra, Sarika Saswade colonies at a farm located the Rock bees (Wild bees) and boosts the crop yield, spelling 209, Shivajinagar Gaothan,
and Prashant Sawant, seem to near Chas Kaman Dam European bees are specially rich dividends for the Near Panchmukhi Maruti
have the answer. ahead of Khed, near Pune. used to enhance the honey farmers,” explains Saswade. Temple, Pune
M
EDC was pleased to welcome the trade mission After a formal welcome and a quick brief about MEDC,
from Wisconsin Economic Development Cdr. Dipak Naik, President, MEDC pointed out various
Corporation (WEDC), USA. On 22 Nov 2016. business opportunities between Wisconsin and India and
The delegation included Mr. Mark Hogan, CEO and in particular Maharashtra. The scope of growth of mutual
Secretary, Ms. Katy Sinnott, Vice President, International business in agriculture, solar Energy, food processing, dairy
Business Development Division, Mr. Khay Khong, Market products and educational sector was spelt out by him.
Development Director – Asia, Mr. Vikrat Kohali, India Mr. Mark Hogan, CEO & Secretary of WEDC made a
Head Operation of WEDC and Ms. Soniya Dardhan, Co- brief presentation on ‘Business Opportunities in Wisconsin
ordinator of the Mission. and possible guidance from WEDC. He appreciated
Wisconsin has some of the most diverse offerings for Indian Market Trend and ‘Make in India’ concept., Ms.
manufacturers and products in the United States and is Katy Sinnott , Vice-President, WEDC explain sector wise
one of leading manufacturing states in the U.S. Wisconsin business opportunities in Wisconsin including, aerospace
is strong in aerospace manufacturing; bioscience, energy, manufacturing; bioscience; energy, power and control;
power and control, food and beverage, and water food and beverage, education and water technology. The
technology.. business environment for FDI, Export in Wisconsin was
WEDC leads economic development efforts for the State very friendly and healthy she added. Mr. Kay Kong, Market
of Wisconsin, including identifying and fostering mutually Development Director – Asia, International Business
beneficial global business opportunities with targeted Development explained the business opportunities in IT-
international markets, nurturing business growth and job BT Industries. Mr. Vikram Kohali, Head-India Operation,
creation. WEDC’s International Business Development stated that the WEDC will provide all possible help to
Division aims to elevate Wisconsin’s economy by increasing Indian businessman those want to make investment and
exports, foreign investment and expanding export assistance business collaboration in Wisconsin.
capacity in their state. Mr. Arun Hardikar gave a brief about Indian Pharma
The purpose of the interactive meeting was to give the Industry, Defense Expo organized in India, India Export
members of the WEDC trade mission an overview of the commodities and trade. He described the Make in India
economic and investment friendly scenario of the State concept and also elaborated the Indian Packaging Industry.
of Maharashtra and how the two states of Maharashtra Mr. Anil Gachke, Chairman Industries committee, MEDC
and Wisconsin can work together for the benefit of their elaborated the possibility of bilateral exchange and joint
respective people. The official of the WEDC expressed ventures in solar power generation, wafer manufacturing,
their desire to work jointly with MEDC in fostering efforts. He further explained the availability of raw material and
Central India’s
biggest Agri Expo 8th
Agrovison Concluded with
overwhelming response
A
grovision the annual Road Transport, Highways and now become one of the signature
summit of farming was Shipping GoI, and Dr. C.D. Mayee, event in Central India and every
organized between 11th Chairman-Advisory Council- year come with more diversification
to 14th Nov 2016 at Reshimbagh Agrovision. in farming with new techniques and
ground under the able guidance of advance technology. The summit
Agrovision, a small sapling planted
Shri Nitin Gadkari, Chief Patron, aims to train farmers about the new
some 7 year ago to encourage,
Agrovision, Hon’ble Minister of technologies, innovative methods to
empower and educate farmers has
increase the farm yield, bridge the Minister Maharashtra, Hon’ble honour at the Inauguration.
knowledge gap and empower them Minister for Dairy and Animal
through enhanced income. Husbandary, GOM, Shri Mahadev 8th Agrovision was spread in
Jankar, Hon’ble Shri Brijmohan 25000 sq.mt total area. There was
Organised every year by Agrovision approximately 3500 Sq.ft. open space
Agrawal, Agriculture Minister
Foundation, MM Activ, Purti for the display of big machineries,
of Chhattisgarh, Shri Sudhir
Group, Maharashtra Economic tractors etc. Over 400 medium and
Mungantiwar, Hon’ble Minister for
Development Council (MEDC) small enterprises and well known
Planning, Finance & Forest, GOM,
and Vidarbha Economic companies from agri field displayed
Shri Chandrashekhar Bawankule,
Development Council (VED), their products and services in the
Hon’ble Minster for Energy, New
Agrovision is gaining immense National Expo of Agrovision.
and Renewable Energy, GOM,
popularity in Central India. This year Grassroot level innovators were
Shri Giriraj Singh, Hon’ble State
the expo was inaugurated by Hon’ble added attraction for the visiting
Minister for MSME. The Agrovision
Chief Minister of Maharashtra Shri farmers. Lakhs of farmers from
workshops were inaugurated at the
Devendra Fadnavis. The dignitaries Maharashtra and adjoining states
hands of Shri Vijaybhai Rupani,
who visited 8th Agrovision like MP and Chhattisgarh visited the
Hon’ble Chief Minister of Gujarat,
include Shri Omprakash Dhankad, expo.
Shri Harish Chauhan, CEO, Farm
Agriculture Minister Hariyana, Shri
Div. Mahindra Rise and Shri. Sanjiv Around 40 workshop were conducted
Pandurang Fundkar, Agriculture
Puri, CEO. ITC, were guest of in specially erected four halls in 3
days by experts in agriculture field on
various topics. Around 50 thousand
farmers attended the workshops.
Special workshop sessions were
organized by experts on ‘coal to
methanol’ and ‘Bamboo plantation
as agri forestry’
8th
ING
ROCESS
F O OD P
COMPREHENSIVE WORKSHOPS
Shri Devendra Fadnavis, Hon’ble Smt Harsimrat Kaur Badal, Hon’ble Dr. C.D. Mayee, Chairman, Advisory
Chief Minister, Maharashtra Union Minister for Food Processing Council - Agrovision
“Climate change has become a reality and therefore Industries
new technologies must be developed for adoption “In Central India the farmers now await for the
and mitigation to the upcoming challenges. “Agrovision is a unique platform where farmers arrival of Agrovision to learn the new innovations
Vidarbha farmers are facing the dual challenge and entrepreneurs can know various avenues in in agriculture. It has achieved its goal in creating
of not only periodical droughts but also price food processing industry” the awareness in diversification of farming from
fluctuation. Agrovision has become an important cotton, soyabean, millet and making a shift to
platform to learn of the mitigation strategies and dairy, horticulture, sericulture, bee keeping,
crop diversification for price realization.” floriculture, polyhouse farming, processing etc. It is
just the beginning of a change”
ORGANIZERS
Shri Chandrashekhar Bawankule,
Hon’ble Energy & New and Minister
of Renewable Energy, Maharashtra
Shri Radha Mohan Singh, Hon’ble
Union Minister for Agriculture & “The Vidarbha region of Maharashtra is
Farmers Welfare reeling under farmers’ suicide crisis. The conduct
of Agrovision year after year would go a long
“I am thrilled after visiting the stalls full way in reassuring the distressed farmers that the
of information and knowledge on the latest
government is firmly behind them and would
technologies in commercial agriculture. Through
the Workshops and Conferences the farmers have help them tide over adverse situations related to
an unique opportunity to gain the techniques of farming.”
profitable farming even in dryland agriculture.”
VENDOR DEVEL
LOPME
ENT PR
ROGRAM
MME F
FOR MSES AND
D STAR
RTUPS
Mazagon
n Dock Shipbuilders ELECTRICA
AL ITEMS A
All MSMEs are reques
sted followin
ng
Limited (M
MDL) is a D
Defence Pub
blic ENGINEERIN
NG ITEMS d
details:
Sector Undertaking
g under the HULL ITEMS
S Name o
of the firm.
Ministry of Defence
e, Department M
MISCELLAN
NEOUS ITEM
MS : Fire Fighting Nature of the busin
ness with
nce Production and is
of Defen s a & Safety Gears, Measuring Instrum
ments productt / service de
etails.
shipyard off the country.
leading s nd Tools, Hardware, Co
an onsumables
s, ST, Excise, Service Ta
VAT, CS ax
MDL des
sires to expa
and the MS
SEs Stationery, Linen, Furniture, Rubberr, Certifica
ates.
Vendor Base forr supply of n & Leatherr Prod , Pain
Plastic, Nylon nts, Annual Reports forr the last thrree
materials
s and service
es required for C
Chemicals, A
Adhesives, e
etc years w
with ITRAs.
various p
projects. SERVICES: Calibration of Test MSE ce
ertificate issued by
Equipments, AMCs for v
various competent authority.
Equipments, BRCs for in
nstallation o
of pipes, Vendor registration
n certificate
nsulation, IT
In T and related
d items, ny Govt bodies / PSUs.
from an
M
Maintenance
e Contracts, Housekeep
ping The shorttlisted/ selected firmms
an
nd Gardenin
ng, Copier, Courier, etc
c will be considered d for on th
he
s
spot regisstration at MDL duriing
tthe progra
am
Thee schedules off the Pro
ogram :
* MSM
MEs owneed by SC/S
ST : 8th Deec. 2016 at 2.00 pm * START Ups & MS
SME : 16thh Feb. 20177 at 2.00 pm
m
W
WOMEN
N ENTREEPRENEEUR’S 4
4th OM
MAN PLA
AST 20
017
21st - 23rd March 2017
((आम्ही उद्य
द्योिगनी)
* Interna
ational Plaastics, Rub
bber, Chem
micals,
D
DELEGA
ATION TO DUBAI &
Printingg and Packaging Ind
dustry Exh
hibition.
FUJAIR
RAH
* B2B meeting/ innteractive sessions & Exhibition
(Spread Your Wings A
Across The Gloobe)
24th – 28th Feb
bruary 20
017