Post-GST business thins to a trickle for small units. Time has again come for Kovai to prove resilience.
THE decrepit tile roof above him symbolises the plight of Prathap Sekar’s small machining unit in one pocket of the city. The 34-year-old Coimbatorean is no more sure of a recovery in his business. “First, the demonetisation (of November 8, 2016) slowed down my machines. Then the GST (goods and services tax, on July 1, 2017) has shut them down,” he bemoans.
For the last three months, orders that Sekar used to get from a leading pump manufacturer and good old clients have thinned to a trickle. This January they stopped completely. “I still have some 200 pieces of motor end covers the pump company had ordered,” he points out. “I cannot blame them. For, they are yet to get about Rs 20 lakh as GST refund.”
He has asked his four employees to find jobs elsewhere till the situation improves. Sekar himself is working part-time in another machining unit to make sure that his wife and their school-going daughter do not go hungry. Coimbatore, which is home to hundreds of such tiny industrial units, teems with similar tales of woes in the wake of GST.
Denne historien er fra February 26, 2018-utgaven av Outlook.
Start din 7-dagers gratis prøveperiode på Magzter GOLD for å få tilgang til tusenvis av utvalgte premiumhistorier og 9000+ magasiner og aviser.
Allerede abonnent ? Logg på
Denne historien er fra February 26, 2018-utgaven av Outlook.
Start din 7-dagers gratis prøveperiode på Magzter GOLD for å få tilgang til tusenvis av utvalgte premiumhistorier og 9000+ magasiner og aviser.
Allerede abonnent? Logg på
Layers Of Lear
Director Rajat Kapoor and actor Vinay Pathak's ode to Shakespeare is an experience to behold
Loss and Longing
Memories can be painful, but they also make life more meaningful
Suprabhatham Sub Judice
M.S. Subbulakshmi decided the fate of her memorials a long time ago
Fortress of Desire
A performance titled 'A Streetcart Named Desire', featuring Indian and international artists and performers, explored different desires through an unusual act on a full moon night at the Gwalior Fort
Of Hope and Hopelessness
The body appears as light in Payal Kapadia's film
Ruptured Lives
A visit to Bangladesh in 2010 shaped the author's novel, a sensitively sketched tale of migrants' struggles
The Big Book
The Big Book of Odia Literature is a groundbreaking work that provides readers with a comprehensive introduction to the rich and varied literary traditions of Odisha
How to Refuse the Generous Thief
The poet uses all the available arsenal in English to write the most anti-colonial poetry
The Freedom Compartment
#traindiaries is a photo journal shot in the ladies coaches of Mumbai locals. It explores how women engage and familiarise themselves with spaces by building relationships with complete strangers
Love, Up in the Clouds
Manikbabur Megh is an unusual love story about a man falling for a cloud. Amborish Roychoudhury discusses the process of Manikbabu's creation with actor Chandan Sen and director Abhinandan Banerjee
