How Govt. Policies inadvertently discriminates MSMEs

Importance of MSME We all know that MSME is the backbone of any economy. Often rightly termed as “the engine of growth” for India, MSME has played a prominent role in the development of the country in terms of creating employment opportunities. This sector has employed more than 111 million people[1]. In addition, MSME enables…

Kerala Budget 2020 – Comments

Perspective of a marine startup, MSME shipyard Some good things first. As a startup the most important benefit one can get is to get sales. Kerala govt. led the way three years back with ADITYA, India’s first solar ferry. Riding on its success we got six more solar ferries. Now this budget has announced 110…

Budget 2020 – Comments

MSME – Ship and boat building Discrimination against water transport continues. Currently FAME 2 support only for electric vehicles and not for electric boats. GST for boats is 5%. However input tax is 18% and 28%, average is 20%. Hence input tax is higher.  Tax inversion refund takes time.  Service tax input is not refunded….

Suggestion to FM for Budget 2020

Perspectives of MSME, boatbuilding, innovation, renewable energy: 1. Remove discrimination against water transport. Currently FAME 2 support only for electric vehicles and not for electric boats. 2. Boatbuilders sell at 5%. Input is all 18% and 28%. Delay in refund of tax inversion to be avoided. Notification to get input tax at 5% is not…

KMRL is building boats or train?

Cochin Shipyard has come out with the tender for supply of FRP superstructure for the 100 pax electric hybrid boats to be supplied to KMRL (23 no.s). Download here. Some interesting observations: Seeing the above criteria, one can think if they are making a metro coach or a boat! Even rocket manufacturing will not need…

Comparing Religions

Origin of Universe Sanatana Dharma (Hinduism) This is the famous नासदीय सूक्त the 129th sukta of the 10th mandala of the Rigveda. It has been translated and discussed by many scholars and there have been volumes dedicated to just this one sukta . The current translation is by A.L.Basham, from his book entitled, “The Wonder…

Talk at Swasraya Bharat 2019

Today, I had a chance to talk to students on how Solar power can be used to make transportation on water sustainable. I took the example of ADITYA, India’s first solar ferry as a successful demonstration of this mission.

Reclaiming Hindu Masjids and Restoring National Pride

Arnold Toynbee, the distinguished British historian, associated a place of worship with national honour when in 1960 he had come to Delhi to deliver the Maulana Azad Memorial Lecture. He expressed great surprise that Aurangzeb’s mosque in Varanasi was still there. He felt that it should have been removed and illustrated the issue with a…

Why People make fun of Judiciary

Killing animals in Temples versus elsewhere Judges at Tripura HC, CJ Sanjay Karol and Justice Arindam Lodh, passed an order that animals have “Right to Life” under Article 21, apparently only in temples and not outside it.Source: LiveLaw Millions of animals are killed daily for food. Not to forget sacrifices done by other religions on…

Villains of Sabarimala Disaster

Petitioners Bhakti Pasrija Sethi (pictured left), who is General Secretary of the Indian Young Lawyers Association, as well as Laxmi Shastri, Prerna Kumari (pictured right), Alka Sharma, and Sudha Pal, are listed as the petitioners. Judges 4 from here: Deepak Mishra, A.M.Khanwilkar, R. Nariman, D.Y.Chandrachud