India, a land of vibrant culture and entrepreneurial spirit, thrives on the ingenuity and resourcefulness of its people. Amidst the bustling streets and urban landscapes, there lies a significant yet often overlooked segment of the economy – home-based enterprises. These businesses, operated from the comfort of one's home or nearby premises, constitute a crucial component of India's economic fabric, contributing to employment, productivity, and overall economic growth. 1. Evolution of Home-Based Workforce Over the past few decades, the landscape of home-based enterprises in India has witnessed both growth and flux. According to data sourced from the National Sample Survey, the number of home-based workers stood at approximately 47.14 million in 2004-05. This figure saw a modest increase to 49.20 million by 2011-12. However, a noticeable decline was observed in 2017-18, with the estimated count dropping to 41.85 million. Despite this fluctuation, home-based work consis
India has been following the European (Euro) emission norm, through with a lag of 7 years. BS4 norms are applicable in the most of cities in which required grade of fuel is available and rest part of the country still conforms to BS3 standard. On 29 March 2017, the Supreme Court banned the sale and registration of vehicles which were not compliant with BS4 norms. Some facts about BS3 & BS4 Although Indian automobile manufacturer had 8,24,275 BS3 vehicle inventories which market value had Rs.12,000 crore. Out of these 96,724 was a commercial vehicle, 6,71,308 were 2 Wheelers, 40,048 were 3 wheelers and 16,198 were passenger cars. There was a need to invest Rs. 40,000 crore for upgrading BS3 standard fuel to BS4 standard fuel. Automobile manufacturer invested an additional Rs. 30,000 crore in two-component diesel particulate filter and selective catalytic reduction module. BS4 petrol and diesel have only 50ppm of sulfur as compared to 150ppm for petrol and 350ppm for die