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Odisha to set up 1.5 lakh small industries 'e-Nivaran' to fast track

The Odisha government has set an ambitious target of creating employment complaints of taxpayers
opportunities for 4 lakh youth by setting up 1.5 lakh small in-
dustries by 2018-19, officials said. Reviewing the performance The income tax department has
of Micro, Small and Medium Enterprise (MSME) department, launched a
Chief Minister Naveen Patnaik directed it to take necessary special elec-
steps so as to meet the target by 2018-19. tronic griev-
ance redressal
The State government has facilitated employment opportunities for 1.75 lakh
youth by setting up more than 50,000 small industries in 2015-16, said an offi- system called e-Nivaran in order to
cial. MSME Minister Jogendra Behera said the department will set up 36,000 fast track taxpayers' complaints for
MSMEs in 2016-17. early resolution. A separate window
has been launched recently in the In-
Unorganised sector workers may come under EPFO come Tax Business App, the new elec-
cover tronic platform for regular opera-
tions of the department.
The Employees' Provident Fund Organisation (EPFO) is planning to increase en-
rolments by making inroads into the unorganised sector The facility, called e-Nivaran, inte-
- a segment where it has no presence and which is domi- grates all online and physical com-
nated by the National Pension System (NPS). plaints gathered by the department
which will be monitored by staff from
The move comes at a time when the government is re- the level of assessing officers to su-
doubling efforts to push NPS and bring it on par with EPF, pervisory officers in a paperless en-
at least with respect to a favourable tax status. "We are looking to improve our vironment. "The system not only
delivery… Once we achieve that, we will look to offer our services to workers in records the origin of the grievance,
the unorganised sector," said V P Joy, Central Provident Fund Commissioner. but also keeps tracking it till it
reaches its logical conclusion for final
At present, the EPFO, which manages a corpus of over Rs 8.5 lakh crore under resolution," a senior income tax de-
the fund, caters almost entirely to workers engaged in the organised sector partment official said.
through a contributory provident fund, pension scheme and an insurance scheme.
Parking fees available to
Defence minister holds discussions on tie up of govt.
and private firms 500 parking lots via

Defence Minister Manohar Parrikar held discussions with industry representatives Paytm wallet
who presented their concerns and recommendations on stra-
tegic partnerships that the government plans to enter with India's largest mobile payments and
private firms in critical sectors of defence manufacturing. commerce plat-
form, Paytm, has
Parrikar met with the five-sub groups that were set up to launched its mo-
have a focused discussion on the subject. They gave their bile wallets at as
presentations before the Minister and the Ministry will now many as 500
study the recommendations in detail before going in for more meetings, de- parking lots in the country. The firm
fence sources said. The five sub-groups are focused on armoured fighting ve- said at these parking lots, payments
hicles (AFV), aircraft and helicopters, submarines, ammunition and macro pro- could be made directly via wallet
cess management of issues. using barcode scanners and quick
response code. The Vijay Shekhar
Forex reserves at all-time high of $363.46 billion Sharma-run firm, already tied up
with petrol pumps and Delhi Metro,
After declining for four straight weeks, India's foreign exchange reserves in- said prominent merchants such as SA
creased by $3.27 billion to hit an all-time high of $363.46 billion, the RBI said. Parking, Secure and DAPS are al-
The reserves had earlier touched a record high of $363.12 billion in the week to ready live with select parking lots.
April 29.

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