PM Modi's Rs 20 lakh crore package calls for self-reliance to lift national spirit: ASSOCHAM
New Delhi/IBNS: ASSOCHAM on Tuesday profusely thanked Prime Minister Narendra Modi for lifting the national spirit up, not only with his Rs 20 lakh crore economic package but also laying a broad direction for the country's development , based on a Self-Reliant India, standing tall in the evolving new world order.
Kolkata/IBNS: Business body ASSOCHAM on Tuesday fully supported Prime Minister Narendra Modi for extending the nationwide lockdown till May 3 for saving each and every Indian from the unprecedented global pandemic, with a firm conviction that the government would soon be announcing a large and effective financial package for protecting agriculture, industry , trade with a particular focus on the MSMEs and millions of jobs.
COVID-19: Minimum $200 billion stimuli needed to support the Indian economy says ASSOCHAM
New Delhi/IBNS: With a sentiment that to tackle the unprecedented times, exceptional measures are essential, apex industry body, ASSOCHAM has recommended a 16 point agenda and a stimulus package of at least $200-$300 billion to thwart one of the deepest global recession expected in the world’s history, states its Secretary-General, Deepak Sood.
ASSOCHAM suggests business continuity measures to sustain economic activity amid COVID-19 crisis
Kolkata/IBNS: In a comprehensive plan for gradual lifting of the lockdown, the ASSOCHAM has suggested that several selective but key sectors of trade and industry, including retail, essential manufacturing, large construction and infrastructure projects, to name a few, should be allowed to resume operations, with strict adherence to social distancing norms and other precautionary measures suggested by the Government. This would help mitigate the business and job loss that Indian industries are facing amid the Covid-19 outbreak.
Kolkata/IBNS: ASSOCHAM Chairman PC Mody, while talking about the thought process that went in drafting Budget 2020 at the body's Post-Budget Conference to analyse tax-related proposals, said their focus was on promoting voluntary tax compliance, facilitate the compliant taxpayer and go after the delinquent ones.
ASSOCHAM states wish list ahead of Budget
Kolkata/UNI: The Associated Chamber of Commerce and Industry (ASSOCHAM) on Wednesday said it was looking forward to some bold measures in key areas of concerns from the upcoming budget for it to be able to play a galvanising role in the economy and help achieve the target of a $5 trillion economy in the next few years.
Niranjan Hiranandani new ASSOCHAM PresidentÂ
Kolkata/UNI: Dr Niranjan Hiranandani, Co-Founder and Managing Director of the Hiranandani Group, has taken over as the new president of the Associated Chambers of Commerce & Industry of India (ASSOCHAM), the country's apex organisation of industry and trade.
Assocham welcomes FM Sitharaman's steps to revive growth
New Delhi, Aug 23 (UNI) India Inc on Friday thanked Finance Minister Nirmala Sitharaman for unveiling a slew of measures to revive economic growth and alleviate problems faced by specific sectors.
India’s food retail market may attract investment USD 827 bln by 2023: study
New Delhi, Nov 11 (IBNS): India’s food retail market is expected to touch USD 827 billion by 2023, up from USD 487 billion in 2017, growing at a compound annual growth rate (CAGR) of 9.23%, with recent reforms making the sector more competitive and market oriented, according to an ASSOCHAM-TechSci Research consulting joint study.
New Delhi, Nov 5 (IBNS): Capital expenditure by central and state government agencies on homeland security presents potential of USD 2.73 billion for the year 2018-2019, noted a just-concluded ASSOCHAM-KPMG joint study.
Indian construction equipment sector grew 24% in FY18: ASSOCHAM-Feedback study
New Delhi, Oct 29 (IBNS): The demand for Indian Construction Equipment (ICE) grew by 24% in FY 2017-18, up from 13% in FY 2015-16, and the sector crossed 90,000 units for the first time due to increase in infrastructure expenditure, according to an ASSOCHAM-Feedback consulting joint study.
Air cargo industry must grow 12.9% annually to achieve national aviation policy target: Study
New Delhi, Oct 22 (IBNS): The Indian cargo industry needs to grow at a rate of about 12.9 per cent every year from 2018 to 2027 to achieve National Civil Aviation Policy (NCAP 2016) vision of reaching cargo volumes of 10 million tonnes (MT) by 2027, noted a recent ASSOCHAM-Auctus Advisors joint study.
Indian medical device firms be given faster access to US-FDA: Study
New Delhi, Oct 14 (IBNS): The ASSOCHAM has suggested that the Indian firms engaged in the manufacture of medical devices, be enabled faster access to the US drug and pharmaceutical regulator FDA or FDA equivalent certifications in a cost effective manner through a fast track FDA desk in India with the government, facilitating such a dispensation, according to an ASSOCHAM-MRSS India.Com joint study.
Life insurance preferred investment choice for 70% millennials: Survey
New Delhi, Oct 3 (IBNS): Life insurance is the most preferred investment instrument to achieve financial goals for almost two-thirds (70 per cent) of millennials closely followed by mutual funds (69 per cent) and fixed/recurring deposits (64 per cent), according to a recent survey jointly conducted by ASSOCHAM and IndiaFirst Life Insurance.
Robust US growth to help Indian exporters; big macro picture: ASSOCHAM
New Delhi, Oct 1 (IBNS): With the US, India's largest destination for merchandise exports, showing a robust economic growth, its best in the last four years, Indian exports hold a promising outlook, helping the country's macro picture, an ASSOCHAM Paper has noted.