<40/50=

revise more

Audio/Video
Problem?

Edu Doubt?
Ask through
 Recall I had given you
SACU south African. homework. Refer the list of
PTA: preferential trade agreements given in
the Economic Survey.

Polity M.Laxmikanth Ch4 on

Preamble.
There are four devices of direct
democracy, namely,
1. Referendum,
2. Initiative,
3. Recall
4. Plebiscite.
Then in footnote of that chapter he
explained the terms. Read it if you
haven’t done so already.
Pillar2: Budget →
direct taxes →
google tax, yaad kro
2030. Read
Handout
carefully. NOT
casually.
2nd is right but we’ve to find wrong statement.

As economy grows: workers

shift from agro towards
mfg/service sector.
India proved model is true.

Other questions were from handout.

Strategic disinvestment process
NITI prepares list
→ CCEA approves
→ DIPAM will do filework

So, accordingly change the word

here.
 Current •$-57
Capital •$ +54
Error & Omission •$ +0.4
BOP •$ -3
Official Reserve
Transaction (RBI) •$ +3
NET BOP •ZERO
Step1: below the table lines. Highlighter →
comment format → use deep red colors it
become unreadable. Then use Home tab →
‘Typewriter’ → add following text

(+) sign indicates RBI

supplied/sold that many $$ from
its forex reserve, else $ becomes
stronger= ₹becomes weaker bad
for importers.
 2016

Foxit pdf reader: typewriter feature…add the new text nearby

Startup: Meaning, Startup: schemes, Startup: criticism IPR-Laws
trends Policies

Patent given4 IPR Schemes IPR

reports/rankings
 Definition 2016
Not older than 7 years
Not having annual ₹ 25 cr
turnover more than
Definition 2016 2019
Not older than 7 years 10 years
Not having annual ₹ 25 cr 100 cr
turnover above
पर्व
ू ीय भारत
मे स्टाटट अप
कम क्यो है ?
Example: Govt tender to
build an app
Old company min “X”
years XP & “Y” cr turnover
Startup: may be lower
 VC1

Fund of
Funds

VC3 VC2
💼Budget-2020 tax relief learned in Pillar#2
 2) Govt buys patent /IPR

3) Allows Indian Startups / MSME @free/ nominal fees

1) If we individually
approached such innovator /
MNC then very expensive to
buy the patent rights
But not so greatly
important so don’t
loose sleep over it.
Every sector has such
bol-Bachchan policy.
But not so greatly
important so don’t
loose sleep over it.
Every sector has such
bol-Bachchan policy.
 Conventional
computer

0&1 Bits

Quantum
computers
Much
qubits
Faster
Startup: Meaning, Startup: schemes, Startup: criticism IPR-Laws
trends Policies

Patent given4 IPR Schemes IPR

reports/rankings
• Dekho my e-commerce company has 1 lakh
registered users.
• 10% new users added each month.
• If every user buys min. ₹ 100 stuff monthly,
• Then my company’s value is ₹ ‘x’ billion!!!!

Venture capital firms fuel this hype by

investing money in that startup.
 Financial Market

Short Term Long Term

SBI Card Co SBI Card Co
₹10 ₹750
Primary

SBI card is not a ‘startup’ company but this is for

Secondary market Secondary
illustration of how media hypes created to fool
Selling ~570/share
people in IPO
 Original parties
Pvt ltd → Public ltd: Public buysshares
leave selling their
IPO @premium prices
shares @high prices

• cashback /
discounts stopped.
• New users not
coming
• Low profit,
negligible Dividend

Who is eventually
paying for this
100%
CASHBACK!!?
 Internal factors
mismanagement workers low morale labour strikes

External factors
⬆ cost of energy & raw competitors with better
⬇ in product demand products
material

इतनी तो हमारे पास पूंज

ू ी भी नही
जजतना बड़ा हमारा नुकसान है । - बीमार कूंपनी
Trade union pressure,
unemployment, jobloss
Startup: Meaning, Startup: schemes, Startup: criticism IPR-Laws
trends Policies

Patent given4 IPR Schemes IPR

reports/rankings
Geographical Indications

Copyright

Patents

Industrial Designs

Integrated Circuits

Trademarks

Trade Secret
Marrakesh Treaty 2013 →
increasing accessibility of
copyrighted books to VH India
was 1st to ratify.
With the help of an NGO and TCS
Year Act Nodal?
Cinematograph Ministry of Information and Broadcasting.
1952
Act Int-Budget-2019: anti-camcording provisions.
Previously HRD ministry, now commerce Ministry. Copyright
1957 Copyright Act
Office → Intellectual Property Appellate Board (IPAB)
1970 Patents Act
Commerce Ministry’s Controller General of Patents, Designs
1999 Trademarks Act
and Trademarks. (CGPDTM)
2000 Designs Act
Year Act Nodal?
1999 Geographical Indications Act Commerce Ministry’s
Geographical Indications
Registry at Chennai
2000 Semiconductor Integrated MEITY: Ministry of Electronics and
Circuits Layout-Design Act Information Technology
2001 Protection of Plant Varieties Agro Ministry
and Farmers’ Rights Act
2002 Biological Diversity Act Environment Ministry
Protection of Plant
Varieties and Farmers’
Rights Act
 Pause Video to
Attempt it Yourself
IPAB is there, under HRD
ministry. And
We’ve to accept 3 as correct by
elimination.
Pause Video to
Attempt it Yourself
 ₹ 2.5 lakh per
120 Anti-cancer tablets

गरीब को
कोई पूछने
र्वाला नहीूं है
 Gave ‘Compulsory License’ to
NATCO to produce and sell this
patented drug’s generic version

₹ 2.5 lakh per 120 Anti-

cancer tablets
Startup: Meaning, Startup: schemes, Startup: criticism IPR-Laws
trends Policies

Patent given4 IPR Schemes IPR

reports/rankings
 Pause Video to
Attempt it Yourself
• Will they say “no we DONOT reiterate Doha
things to play our victim card?
• Will India say we disagree with TRIPS??”!
• In 2017: dipp was not renamed yet so ‘B’
Pause Video to
also right. Attempt it Yourself
ककसी की समस्या कम हो सके
एसा कुछ बनाओ
BASICALLY grants,
scholarship, fellowship,
stipend, award given to
motivate students/
teachers to join /pursue
science
 Pause Video to
Attempt it Yourself
INSPIRE scheme:
stipend, awards
“motivate students to
join science”
What is the closest
synonym?: “attract”
Pause Video to
Attempt it Yourself
 Pause Video to
Attempt it Yourself
• Simple MCQs are also asked.
• 24/7 ‘tough random obscure
factoids’ chasing ….x is not
required.
• Don’t ignore simple things! Pause Video to
Attempt it Yourself
Startup: Meaning, Startup: schemes, Startup: criticism IPR-Laws
trends Policies

Patent given4 IPR Schemes IPR

reports/rankings
 World
Economic •Global Competitiveness Index
Forum
WIPO •Global Innovation Index
INSEAD
•Global Talent Competitiveness
Biz School
Index
(Paris)
IMD Inst. •World Competitiveness Ranking
Switz 2019 More Details given in
handout.
NITI •India Innovation Index for States
High profile
body

Pause Video to
Attempt it Yourself
Low profile
body. SKIP

Pause Video to
Attempt it Yourself
 World Bank 📔📔ES20: 📔📔ES19:
Ranking Crony Capitalism judicial reforms

4 Labour Codes Minimum Wages Sathpathi &

📔📔ES19
 Washington, USA

आपके दे श मे
व्यापार/ धूंधा शरू
ु
करना हो तो
ककतनी आसानी /
सुगमता है
Report #1: NZ>Singapore>Denmark>
2018 India (100) >... Somalia (190)

Rank #1: NZ>Singapore>Denmark>

2019 India (77) >... Somalia (190)
(Released in
Oct’18)
Rank #1: NZ>Singapore>Hongkong>
2020 India (63) >... Somalia (190)
(Released in
Oct’19)
 2019 Improvement:
India → 2018
(rel in 2018) 2018 vs 2019
Overall 100 77 23
1) Starting a Business 156 137 19
129 (highest
2) Construction Permits 181 52
jump)
3) Getting Electricity 29 24 5
4) Registering Property 154 166 -12
5) Getting Credit 29 22 7
 2019 Improvement: 2018
India → 2018
(rel in 2018) vs 2019
Protecting Minority Investors 4 7 -3
-2 (despite so many
Paying Taxes 119 121
apps & portals!)
Trading across Borders 146 80 66
Enforcing Contracts 164 163 1
Resolving Insolvency 103 108 -5 (despite IBC)
 Pause Video to
Attempt it Yourself
Ofcourse we just studied so it
looks easy but this is an unusual
and unprecedented question. In
real exam, better to skip if not
100% sure.
Pause Video to
Attempt it Yourself
• In notable indices- be aware
of ‘components’.
• Not all qs are tough.
• If multi-statement then go
by elimination of wrong
statements.
Pause Video to
Attempt it Yourself
 World Bank 📔📔ES20: 📔📔ES19:
Ranking Crony Capitalism judicial reforms

4 Labour Codes Minimum Wages Sathpathi &

📔📔ES19
📔📔ES20 Vol1
 • After election results, road contractors of ruling party
India
• But 1/4th of such roads exist only on paper.
• PSB more likely to approve loan applications of a
Brazil company
• if owner gave election donation to the ruling party.
• When politically connected firms fail in business
Eastern Europe • Government will usually bail them out using taxpayers'
money.
• company approches Politically Connected Underwriters
China • better chances of being approved by the Chinese share
market regulator. (Ref: pillar1C)
 I paid heavy bribes to get telecom license + 2G
spectrum. तो हम prepaid के सस्ते प्लान क्यो
launch करें गे? हम नही करें गे!

Similar behavior by private

schools and private hospitals

Heavy Price
(1) on
Operational (2) Profit (3) Bribes customer
Costs
🛒😰
 Congress Raj Modi Raj

• Preferential treatment to crony • improved

companies in mobile and coal
sector
• So innovative/honest firms
couldn’t compete. यानन क ग्रेूं स सरकार
ननक्कमी थी।
• कूंपननयो की आपस मे
हर हर मोदी
स्पधाट कम थी घर घर मोदी
 Recall pillar1C

यानन Indira-Rajiv सरकार

भी ननक्कमी थी।
हर हर नरससम्हा रार्व
घर घर नरससम्हा रार्व

Before LPG Post-LPG

•Once a company added in BSE- •Every 12 years,

30 sample, it’d stay for decades •older company will get replaced
•Because such Crony Co may by new companies.
bribe govt NOT to give license to
new company.
•So, no new/better companies
could evolve to replace it.
Further points for Mains is given in Handout
 World Bank 📔📔ES20: 📔📔ES19:
Ranking Crony Capitalism judicial reforms

4 Labour Codes Minimum Wages Sathpathi &

📔📔ES19
Released in July
2019
 SC Civil,
30
HC

District & Subordinate Criminial, 70

courts
80% of them
=Total 3.5cr cases pending @ here
PENDING ‘Mafia-raj’ = investors
feel discouraged.
• Slow judiciary = difficult to
enforce contracts
• Biggest bottleneck in EoD
ranking improvement.
 District & Subordinate courts
Total sanctioned strength is 23,000 BUT
SC
• 8 more judges

Vacant, 5000
HC
• 360 more judges

District & Subordinate courts Recruited,

• 5000 more judges 18000
2) Court Manager, Bailiff, Judicial 1) Recruit more judges.
clerks.. Their efficiency also
matters. So,
• Create a separate cadre of
employees called,
• “Indian Courts & Tribunal
Services”
• Because US, UK have similar.

3) Central Govt offices open for 244 days per year.

SC only 190 days. So, ⬇ court vacations.
• Ministry of Law and Justice started Pen-paper based file-
eCourts Mission Mode Project record = slow process.
• National Judicial Data Grid (NJDG),
digitalization of cases
• Even Artificial Intelligence may be
deployed for ordinary disputes e.g.
Traffic challan, or Cheque dishonor.
 World Bank 📔📔ES20: 📔📔ES19:
Ranking Crony Capitalism judicial reforms

4 Labour Codes Minimum Wages Sathpathi &

📔📔ES19
There are multiple Central laws
related to labour e.g.
- Minimum Wages Act, 1948;
- Payment of Wages Act, 1936;
- Payment of Bonus Act, 1965;
- Equal Remuneration Act, 1976.
Industrialist had to submit
compliance forms for each
Visits by inspectors, small violation
→ jail, demands for bribery
 Old Laws → Merged in 2019 Status as of
31/12/19
Payment of Wages Act, 1936 1) Labour Code Both houses have
Minimum Wages Act, 1948 on Wages passed and the
Payment of Bonus Act, 1965 President signed
Equal Remuneration Act, 1976

Trade Union Act, 1926 2) Labour Code Pending in Lok

Industrial Employment Act, 1946 on Industrial Sabha
Industrial Disputes Act, 1947 Relations
 Old Laws → Merged in 2019 Status as of
31/12/19
09 Labour Acts like 3) Labour Code on Pending in Lok
Employees’ Compensation Act, 1923 Social Security & Sabha
Maternity Benefit Act, 1961 Welfare
Payment of Gratuity Act, 1972
Unorganized Workers’ Social Security Act, 2008
13 Labour Acts like 4) Labour Code on Pending in Lok
Factories Act, 1948 Occupational Sabha
Plantation Labour Act, 1951 Safety, Health &
Mines Act, 1952 Working
Building Constructions Workers’ Act’96 Conditions, 2019
जब तक ये कानून लागू
नहीूं हो जाते, परु ाने
कानन ू ों में मोदी सरकार
सध
ु ार भी करती रही.
प्रसनू त के दौरान छुट्टी
ली तो भी तनख्र्वाह/
र्वेतन समलेगा
 Pause Video to
Attempt it Yourself
Minimum 4 visits.
NOT 6.

Pause Video to
Attempt it Yourself
Hired for fixed term for _
months / years. If not
renewed, then you’re
automatically fired. No
need to give termination
notice.
Hired for fixed term for _
months / years. If not
renewed, then you’re
automatically fired. No need
to give termination notice.
Although obscure topic. In
real exam, not possible to
keep updated with all such
technical reforms.
Pause Video to
Attempt it Yourself
Audio/Video
Problem?

World Bank 📔📔ES20 4 Labour Codes

Ranking

Edu Doubt?
Ask through
Min Wages Factories Industrial RERA
Disputes
Act
 Pause Video to
Attempt it Yourself
 Pause Video to
Attempt it Yourself
 Pause Video to
Attempt it Yourself
 Pause Video to
Attempt it Yourself
Vol
1 2019-July
इससे कम र्वेतन में काम करर्वाना
गैरकानन
ू ी.
But, many new
categories of jobs…
What should be the
minimum wage of
Zomato delivery boy or
Urbanclap beautician
: not specifically
mentioned 
 Min. Wages

unskilled
हमने क्या
सध
ु ार करने
चाहहए? semi-
skilled

skilled

highly
skilled
 As a result, the unionized workers are able to get better wages
employers
tripartite advisory

compared to unorganized workers.

No one is there to represent Gig workers (Zomato delivery boy
boards

employees or Urbanclap beautician.)

independent
experts
Mostly women

Mostly
men
 Forced migration to Raj
Industrialist prefer to
setup factories in Forced migration to Delhi
States with low min
wages
 A) Cost of food basket
•“x” units of calories, fats and proteins.

B) Essential Non-food Items भोजन और

जीर्वनननर्वाटह के
•clothing, fuel and light, house rent, education सलए जरूरी के
चीज/सेर्वाओ की
•medical expenses, footwear and transport. कीमत के
हहसाब से
न्यय
ू तम र्वेतन
Considering A + B → Min wages should be “₹X/month” for “y” sector
Link with CPI
•Minimum wages should be updated every 6 months
with the changes in consumer price index (CPI)

Update the basket

•Consumption basket (food items, clothing etc.)
should be reviewed every five years

Proposal#1
• National-level minimum wage
(NMW): ₹ 375 per day x 26 working
days in the month = ₹ 9,750 a
month.
• Additional ₹ 1430 house rent
allowance / city compensatory
allowance for urban workers.
• These will be applicable to all,
irrespective of sectors, skills,
occupations
कोई एक
Proposal#2 तरीका
अपनाओ
Indian states /UT into 5 regions, and
have separate minimum wages
suitable to the local realities and as
per socio-economic and labour
market contexts.
• Zone1 (Assam, Bihar walla
backward region): ₹ 8892/month
• To…
• Zone5 (Delhi, Punjab type small &
developed regions with higher cost
of living): ₹ 11,622/month
 ₹ 538/day.
₹ 115/day.

• uniform level of national minimum wage is an impractical idea

(अव्यर्वहाररक वर्वचार).
• Cost of living & economic development of each state is different.
• इलाके के हहसाब से न्यन ू तम र्वेतन अलग अलग होना चाहहए
All India uniform wages = impracticable

Both said similar things.

Payment of Minimum Payment of Equal
Wages Act, Wages Act, Bonus Act, Remuneration
1936 1948 1965 Act, 1976

Wage Code (र्वेतन कोड/ सूंहहता)

We are doing this
 Q1) Who will decide my
Union will decide Minimum wages for minimum wage? Union or
•Air transport service, Railways, Major Ports state? कोन तय करे गा?
•mines, oil field, telecommunication, banking and
insurance company
•Central Government Jobs, CPSEs, autonomous
bodies, their subsidiary bodies

States will decide Minimum wages for

•All the other sectors of employment,
•जो उपरोक्त केंद्रीय-सूची के दायरे से बाहर है Answer depends on
which sector are you
working?

Central Advisory Body
• Employers
• Employees
• Independent Experts
• 5 State representatives
Q2) HOW will they decide
• Here Minimum Wages = salary, my minimum wage?
allowance and other monetary केसे तय करे गा?
components
• But doesn’t include: bonus,
travelling allowance

Union to decide
• Min wages for sectors given to it. State and its State
• +Floor Wages, for different Advisory Board
geographical areas. • Must keep Minimum wages > or
• Taking into account minimum = Floor Wages.
living stds We’ll revise
them every 5
years or less
Overtime Pay दे री से आया या मुजसे
एडर्वान्स मे पैसा सलया
• Depending on sector: Union / State will fix max. hours in a तो तनख़्र्वाह मे से
normal working day. काट लूँ गू ा!
• If worker doing more: “Overtime Wage” =Min. 2x normal wages

Payment Frequency
• Boss (Employer) may pay wages (i) daily, (ii) weekly, (iii)
fortnightly, or (iv) monthly.
• In coin, currency, cheque, bank money, e-transfer

Deduction
इतनी तनख़्र्वाह
• Boss (Employer) may deduct worker’s wages for 1) penalty 2)
absence 3) rental home 4) advance / loan etc. मत काट लेना की
• But, deductions should not > 50% of the workers’ total wage. में बूंधआ
ु मजदरू
बन जाऊ!
Right to Bonus
•If worker’s salary < “X” ₹ , then he has Right to bonus
•How much %? =technical caveats notIMP

Gender discrimination: forbidden

•Equal pay for equal work
•महहलाओ को पुरुषो के समान र्वेतन समले

Penalty for violation

•Upto 3 months jail, ₹ 1 lakh fine
Legal rights useless
until workers know
about it!
अगर मजदरू को
उसके कानूनी हक़
का पता ही नहीूं
होगा तो?
 World Bank 📔📔ES20 4 Labour Codes
Ranking

Min Wages Factories Industrial RERA

Disputes
Act
IF Power used Minimum 10/> workers
employed
IF power not used 20 workers />
Ok then my kingfisher beer manufacturing is
a ‘FACTORY’…..
तो क्या उखाड़ लेगी सरकार मेरा?
 1) हाूँ मै एक फैक्री मासलक
हु... क्या उखाड़ लोगे मेरा.

2) दो समननट में सारा कायदा

कानन ू ..... समजा की नहीूं

3) No ease of
doing biz 
We’ll change definition, पधारो म्हारे
दे श.... हम परे शान नहीूं करें गे.
Labour Identification
Number (LIN)
 हमें नौकरी से ननकाला
या छुट्टी कम की... तो
सारा कायदा
कानन ू ...समजा की नहीूं

But
1. If robotic machines = reduce workers
2. If more work contract = reduce holidays.
 Competitive federalism:
पधारो म्हारे दे श.... I will have to become business-
हम परे शान नहीूं friendly, because more factories
करें गे. → jobs → voters happy
यहाूं मजदरु फररयाद
कर सकता है
छोटी दक
ु ान और श वपूंग
मोल के सलए
Audio/Video
Problem?

World Bank 📔📔ES20 4 Labour Codes

Ranking

Edu Doubt?
Ask through
Min Wages Factories Industrial RERA
Disputes
Act
Apps, Portal: usually 1 MCQ / 100 MCQs. so don’t overinvest time
State list Concurrent List Union List

Land • ‘Contract’ such

Parliament law to regulate
as
• purchase of transactions between
home / property Buyers of home and
/ real estate. commercial property
• Chit-Fund Builders
law was drafted by
Ministry of Housing and
Urban Poverty Alleviation.

Real Estate
Appellate
Real Estate Tribunals
Regulatory
Builder, Real Authorities
Estate (RERAs)
3) ₹ in separate Brokers
bank account
1) Project registered
@RERA website
अमीर को व्यापार की सवु र्वधा होगी, तभी
गरीब को जीने की सवु र्वधा होगी
Audio/Video
Problem?

World Bank 📔📔ES20 4 Labour Codes

Ranking

Edu Doubt?
Ask through
Min Wages Factories Industrial RERA
Disputes
Act
Audio/Video
Problem?
Textile YB Textile Schemes Textile 📔📔ES MSME YB

Edu Doubt?
Ask through UK Sinha MSME Schemes 📔📔ES19: BIS
Dwarfism

QCI BEE FSSAI Consumer Courts

PSU Cotton Corporation of India, Jute Corporation
of India, National Textile Corporation ltd. etc
Attached Development Commissioners for handloom /
Offices handicrafts
Statutory National Jute Board, Central Silk Board,
Bodies National Institute of Fashion Technology
(NIFT)
+ various autonomous bodies, export promotion councils, research
associations and advisory boards for apparel, textile, wool, silk, carpet etc.
Focus only on word association.
Funding/eligibility = poor
costbenefit
Focus only on word association.
Funding/eligibility = poor
costbenefit
Weavers Mudra scheme
• Textile ministry gives interest subvention and credit guarantee
for the weavers’ bank loans upto prescribed limits.

Amended Technology Upgradation Funds Scheme

• ATUFS: funding to the textile industries to upgrade
machineries.
Basically cheap loan
Power Tex / subsidies / tax
benefits to buy /
• Scheme for powerlooms upgrade machinery.
upgradation
 Salary is 15k/<
Employee: 12% Employer (Boss) co-contribute (12%)
12% into EPF 3.67% EPF 8.33% EPS
(Provident Fund) (Provident Fund) (Pension)
नए कमटचारी को नौकरी दी तो
फैक्री मासलक का हहस्सा textile ministry pays for Labour ministry pays for
सरकार पहले तीन सालो के सलए भरे गी first 3 years first 3 years
कपड़ा फैजक्रयाूं अगर छोटे
शहरो में खुले तो महहलाओ
को नौकरी समल सकती है
So R&D
required
 #1 • End poverty
• Gender
#5
Empowerment
• Promote
sustained,
inclusive and
#8
sustainable
economic
growth
• Reduce
#10 inequality
within India

Accordingly conclusion
in handout
Audio/Video
Problem?
Textile YB Textile Schemes Textile 📔📔ES MSME YB

Edu Doubt?
Ask through UK Sinha MSME Schemes 📔📔ES19: BIS
Dwarfism

QCI BEE FSSAI Consumer Courts

 National Mfg Policy 2011
1. Raise it to 25%
2. Create 100 million jobs
Mfg By 2022
18%

Gross
domestic
TITLE Agro
product 15%
Service,
Construction, (GDP)
Mining & Other
67%
 MSME
1. Contribute 40%
National Mfg Policy 2011 of India’s
1. Raise it to 25% export.
2. Create 100 million jobs 2. Many OBC,
By 2022 SC/ST, Women
Mfg
entrepreneurs
18%
& Workers

Agro
GDP 15% MSME
Service MFG 45%
& Other PRODUCTION
67%
Large
Industries
55%
PSU National Small Industries Corporation
Limited
Attached Development Commissioner (MSME)
offices
Statutor Khadi & Village Industries Commission
y Bodies (KVIC), Coir Board List not exhaustive, but these are the notable ones
 Type 2006 Act → Investment in
Mfg Unit: Services:
Plant and Machinery in Equipment

Micro 25 lakh 10 lakh

Small 25 lakh to 5 crore 10 lakh to 2 crore
Medium 5 to 10 crore 2 to 5 crore

We have already studied Accordingly eligible for various Government schemes,

this Ref 1D Mudra loans.
Mudra loans, RBI’s PSL norms… (Ref Pill1B)
 Type 2006 Act → Investment in 2018 Bill
Mfg Unit: Services: All enterprises
Plant and Machinery in Equipment Annual
Turnover
Micro 25 lakh 10 lakh 5 crore
Small 25 lakh to 5 crore 10 lakh to 2 crore 5 to 75 crore
Medium 5 to 10 crore 2 to 5 crore 75 to 250 crore

We have already studied More firms are covered with Government schemes
this Ref 1D Mudra loans. and relaxed norms for MSME = ease of doing biz.
 UK Sinha (Retd IAS):
Former SEBI chief
= post retirement
Retd IAS turned opportunities plenty for
RBI governor
IAS.
MSME should be
helped in Loans
MSME should be
helped in NPAs
 + lot of other
अपने वर्वमानों के सीट-कर्वर MSMEसे fodder for
खरीदे ... पैसा टाइम पे नहीूं चुकाया तो Mains in
क्या उखाड़ लोगे? handout
Audio/Video
Problem?
Textile YB Textile Schemes Textile 📔📔ES MSME YB

Edu Doubt?
Ask through UK Sinha MSME Schemes 📔📔ES19: BIS
Dwarfism

QCI BEE FSSAI Consumer Courts

 5-10% Rest
15-35% 100%
from his Bank
KVIC Biz Cost
pocket loan
 •Udyog Aadhaar
Memorandum(UAM)-free online
form to MSME ministry.
UAM •Entrepreneur gets Udyog Aadhar
id linked with his personal
aadhar number.
•helps applying for Govt. schemes
Udyami •Toll-free helpline / support staff
Mitra mainly to help the first
Yojana generation entrepreneurs.
 •Scheme of Fund for Regeneration
of Traditional Industries → to
SFURTI
setup clusters of Khadi, Coir,
Handicraft;

•Credit Guarantee Fund Trust for

Micro and Small Enterprises
CGTMSE
(CHTMSE) jointly funded by MSME
Ministry and SIDBI
+ many other Misc.
•MUDRA, STANDUP India: etc. refer schemes, refer to
Revision
to Pillar#1 handouts handout but don’t lose
sleep.
 MSME Delayed Payment Portal –
MSME Samadhaan
Govt organizations

Separate authority
@state level: order
payment + interest rate

Payment delayed
even after delivery of
goods/services 
 MSME-Sampark
MSME Ministry’s
webportal to connect
jobseekers with recruiting
companies

Udyam Sangam, Udyam Samvad: MSME

ministry organizes such Workshops,
Conventions, Mela usually at Delhi.
NOT corporate Affairs Ministry NOT
Commerce Ministry
We want to buy pen, pencil, furniture,
towels, computer, keyboard, mouse

Micro and
Small
Enterprises
25%

PROCUREMENT Of this 25%

QUOTA - 3% must be owned by
Any Large or Small Women
industry - 4% by SC/ST
75%
 Government e-Marketplace (GeM)

Sellers list products, Govt org. buy / No need for individual ads in
procure online newspaper or tenders : cost, efficiency
Just because PDF-wallas are
doing information overload,
doesn’t mean you’ve to get
overstressed.
More useful for
mains than
prelims.
Vol Released in 2019-
1 July
 • Investment in plant-
machinery >5 cr
• = giant non-MSME
company
• No such benefit

Giant / Adult
•Reliance group:
• Procurement Infant Today annual
quota, •1960s Reliance income
• Mudra Loan Commercial >600,000 crore
• SIDBI help (Polyester biz
MSME)
Acts / Policy Only Applicable on Implications
Industrial Disputes 100/> workers Factory owner must get
Act,1947 Government approval before
retrenching workers/shutting
units
Factories Act, 1948 Min 10-20 workers Factory owner must provide
depending on restroom, creches and other
whether power is facilities
used in mfg/ or
not? Bribe, harassment
Acts / Policy Only Applicable on Implications
Employees’ State 10/> workers Factory owner required to co-
Insurance Act, 1948 contribute ₹ ₹ in insurance /
pension accounts of low-
salaried workers
Employees’ 20/> workers Factory owner required to co-
Provident Fund & contribute ₹ ₹ in insurance /
Miscellaneous pension accounts of low-
Provisions Act, 1952 salaried workers
Bribe, harassment
 ऐसी छोटी सोच के
चलते ही अपना दे श
वर्वकसीत नहीूं हो
पाया

1) I’ll not grow beyond 5cr investment

limit
2) Less jobs created
• instead, I’ll create new companies
because we’ll not
• to continue enjoying those MSME
become ‘giant’
scheme benefits. = DWARFISM
(बौनापन)
बूंध करर्वाना होगा
ये तमाशा
 ये सब ककया तो
ज्यादा नोकरी पैदा
कर सकते है

Conclusion: HDT- how MSME helps in SDG,

inclusive growth of all people
Audio/Video
Problem?
Textile YB Textile Schemes Textile 📔📔ES MSME YB

Edu Doubt?
Ask through UK Sinha MSME Schemes 📔📔ES19: BIS
Dwarfism

QCI BEE FSSAI Consumer Courts

Audio/Video
Problem?

Edu Doubt?
Ask through
Industrial
lobbying groups

What is this? Ans.

Not imp unless
doing MBA
Also known for “PAT certificates” but in Infra Pill#5
Audio/Video
Problem?
Textile YB Textile Schemes Textile 📔📔ES MSME YB

Edu Doubt?
Ask through UK Sinha MSME Schemes 📔📔ES19: BIS
Dwarfism

QCI BEE FSSAI Consumer Courts

 Before AFTER

•Prevention of Food •Repealed old acts

Adulteration Act •FSSAI Act 2006
1954,
•laws / orders for
Fruits, Meat, Edible • Food Safety and Standards Authority of India
Oils etc • Scientific standards for
• food manufacture, storage,
• distribution, sale and import in India.
 Health Minister

Department of
Department of FSSAI chairman
Health & Family
Health Research (Food scientist),
Welfare →

rank “Secretary”
Secretary (IAS) Secretary (IAS) in terms of salary,
car, bunglow etc.
 Pause Video to
Attempt it Yourself
 Health Minister

Department of
Department of FSSAI chairman
Health & Family
Health Research (Food scientist),
Welfare →

rank “Secretary”
Secretary (IAS) Secretary (IAS) in terms of salary,
car, bunglow etc.

Usually Direct
General
FSSAI chairman directly reports to Minister. Should we prepare every
organization to such minute detail? Ans. Poor cost: benefit. So, either
do 50:50 /skip. 50:50 requires extensive general reading and
observation. Don’t apply it casually.
Pause Video to
Attempt it Yourself
So not just ‘veg’ or not
just food.
 Boss? • Ministry of Consumer Affairs
• If a consumer suffers an loss, injury,
Product
property damage or death due to
Liability?
defective goods / services
• e.g. asking excessive security deposits
Unfair for broadband / DTH connection,
Contract? • company unilaterally terminating the
service without cause
• Complaints can be filed electronically,
E-complaint • cases can be heard through video
conferencing.
 Consumer • known as Consumer Courts
Disputes • At the district, state and national levels: e.g. district commission
Redressal • Their powers and jurisdictions are Utp 20 lakh → 1 cr.
Commissions upgraded
Consumer
• Advisory bodies will work for awareness
Protection
generation.
Councils
(New) Central • It intervene suo-moto to protect
Consumer consumers from unfair trade practices.
Protection • launch class action against a company,
Authority order recall or refund of products.
Punishment
•Fines upto ₹ 50 lakhs + upto 5 years jail.
•₹50k fine on Consumer if filing frivolous
complaints.
Celebrity Ads?
•If an endorser is found giving a misleading
advertisement
•then he can be banned from advertising any
product upto 3 years & fine.
Usual line of question is
influenced from past economic
surveys:
- Why MFG did not grow? Ans
no ease of doing biz.,
infrastructure,
- Why MFG not generating
labour intensive jobs? Ans. No
skill, arcane factory labour act
- How to create labour intensive
jobs? Ans. Textile / leather.
Usual line of question is
influenced from past economic
surveys:
- Post LPG are Indian cos
competing with MNC? Ans.
Some of them yes e.g. Tata-
Jaguar, Infosys etc.
- However, still need FDI / more
R&D to compete in
international platform.
Prevent brain drain from India,
by encouraging startups,
Dwarfism is also a challenge
Audio/Video
Problem?
Textile YB Textile Schemes Textile 📔📔ES MSME YB

Edu Doubt?
Ask through UK Sinha MSME Schemes 📔📔ES19: BIS
Dwarfism

QCI BEE FSSAI Consumer Courts