India and Italy can together push the knowledge envelope
03 Dec 2018 If India is to emerge as a leading player in the evolving global knowledge economy, it must foster its technology and innovation capabilities. One way of doing this is to develop partnerships with global leaders in these areas. An excellent partner in technology and innovation for India could be Italy, and the […]
Indian Start-ups Help Close the Gender Gap
04 Jul 2019 Women account for about 28% of India’s workforce, and according to the International Monetary Fund (IMF) equal participation by women can increase India’s GDP manifold. Global consulting firm McKinsey estimates that bridging this gender gap can help add over USD 700 billion to the Indian GDP by 2025. There is good news for […]
Building an Inclusive, Sustainably-Developed India by 2022
05 Dec 2018 CII’s India@75 initiative envisions an inclusively-developed India by the 75th year of national independence in 2022. The initiative brings together all stakeholders, including the Government, industry, institutions, community groups, and individuals, to translate this vision into a reality. The late Prof CK Prahalad is the inspiration behind India@75. He articulated the idea […]
The focus on fiscal prudence is welcome
07 Jul 2019 The first Budget of the new government, slated for the remaining nine months of this fiscal year, had numerous challenges to address, both on the domestic front and the external front. With a tight adherence to fiscal prudence norms, Finance Minister Nirmala Sitharaman has taken firm steps to achieve the new horizons […]
Modi 2.0 Budget bolsters investment
09 Jul 2019 The first Budget of the Modi 2.0 government came at an opportune time when there was an urgent need for providing stimulus to kick-start growth which had fallen to multi-year low in the last fiscal. The Union Budget 2019-20 did not disappoint. The Budget announced host of measures for improving investments especially […]
Budget to take India on the path of inclusive growth
09 Jul 2019 The Union Budget 2019-20, the first Budget of the newly elected government, has been announced at a time when our macro-economic milieu continues to be domestically and globally challenging. The ongoing economic slowdown and the accompanying worries — sluggish industrial and manufacturing production, subdued consumption and tepid investments as well as farm […]
Keeping the Liquidity Taps Open
05 Dec 2018 The financial sector today represents the very foundation of an economy and its smooth functioning is crucial to enabling industry to achieve its full potential. Recent developments such as exchange rate fluctuations, rising non-performing assets (NPAs), and upcoming loan repayments have eroded the liquidity balance in the Indian financial markets. For industry, […]
CII Post Budget Analysis
12 Jul 2019 The Union Budget presented on 5th July 2019 by the Finance Minister Smt. Nirmala Sitharaman introduced many measures to foster the growth and inclusive development to make India a USD 5-trillion economy by 2025. The Budget is pragmatic and forward looking and aims to achieve a fine balance between investment-led growth and social […]
Doing Business Getting Easier in India
06 Dec 2018 With the growing global attention towards ease of doing business, the government of India is working towards simplifying the intricate administrative processes aimed at promoting investment, generating employment opportunities and aiding overall economic development. A series of facilitative reforms have been introduced, mandating digitization of procedures, revising obsolete policies and promoting […]
CSR 2.0 – The Innovative, Collaborative and Un-Conventional Route
13 Jul 2019 The economy is rapidly evolving and changing. Innovation has taken center stage; has become omnipresent; new models of partnerships are emerging; Governments are actively reaching out to engage with businesses to deliver solutions to development challenges. Yet, India houses over 15 million people living in extreme poverty, which is less than US$1.9 […]