PLI scheme to provide necessary impetus to Indian steel sector: Centre
Kolkata/IBNS: India presently operates at the lower end of the value chain in the steel sector. Value-added steel grades are largely imported in India, ASSOCHAM India said.
Government takes action to preserve value and assets of IL & FS
New Delhi, Oct 1 (IBNS): The has taken action to ensure much needed liquidity arranged for the IL& FS from the financial system so that no more defaults take place and the infrastructure projects implemented smoothly.
Cut govt stake in banks below 50%: ASSOCHAM
New Delhi, Feb 19 (IBNS): The Punjab National Bank's fraudulent transactions worth Rs 11,300 crore should act as a strong trigger for the government for reducing its stake to less than 50 per cent in the banks which should then be allowed to work on the lines of private sector lenders with a full sense of accountability to their shareholders protecting interest of depositors, ASSOCHAM has said.
New Delhi, Jan 29 (IBNS): The Chairman of the Economic Advisory Council to the Prime Minister (EAC-PM), Dr. Bibek Debroy has said that the Economic Survey is a reflection of Government’s commitment to growth and development. Highlighting the optimistic outlook of the economy reflected by the Economic Survey, he said the emphasis on women’s empowerment is a welcome step.
Direct Tax Collections for financial year 2017-18 show growth of 14.4% upto Nov: Govt
New Delhi, Dec 10 (IBNS): The provisional figures of Direct Tax collections up to November, 2017 show that net collections are at Rs. 4.8 lakh crore which is 14.4% higher than the net collections for the corresponding period of last year, a government statement claimed.
Standing against black money; ASSOCHAM urges Govt for relief to SMEs, trade
New Delhi, Nov 18 (IBNS): Assuring the Prime Minister Narendra Modi of India Inc’s full support in the fight against black money and corruption, the ASSOCHAM has said though the short – term hardship would lead to long-term cleaning up of the economy, some immediate relief should be considered for the industry, SMEs and the trade.