Trade Facilitation Reforms in India
06 Dec 2018 Progress & Road Ahead Trade Facilitation, entailing reduction in the transaction time and cost through rationalization of documentation and border compliances in trading across borders, has been one of the major areas of reform of the government of India over the last few years. Implementation of the WTO’s Trade Facilitation Agreement […]
CSR: Catalysing Change through India Inc
14 Jul 2019 Social engagement of Indian business is as old as the history of business itself. Ever since businessmen first started investing, they have sought to give back to society in different ways. In India, the concept of business philanthropy is deeply embedded in our classical texts. Corporate Social Responsibility (CSR) has undergone significant […]
Boosting Indian Exports with Potential
29 Jul 2019 Exports are a critical component of a country’s Gross Domestic Product. Thus, boosting exports is central to achieving higher growth and economic prospects. This assumes greater relevance at a time when the global environment has become increasingly uncertain, given rapidly changing global trade dynamics and an increasing shift towards protectionist policies. Amidst […]
Performance of Western States in BRAP 2017
06 Dec 2018 In the recently released Business Reform Action Plan (BRAP) 2017 by the Department of Industrial Policy and Promotion (DIPP), CII Western Region states, in general, have shown a commendable performance with Gujarat, Madhya Pradesh and Maharashtra scoring 97.99%, 97.30% and 92.88% respectively, in the implementation of business reforms. Goa, scoring 57.34%, did […]
West Bengal, Eastern and North-Eastern India’s Key Logistics Hub
11 Dec 2018 The growth of any economy depends significantly on the Logistics sector. A robust network of efficiently operated logistics, infrastructure and services establishes the uninterrupted flow of goods from their point of origin to the consumption centers. This in addition assists in the growth and prosperity of an economy. This sector comprises of […]
Infrastructure Spending Set to Grow
05 Aug 2019 Infrastructure development is considered a sine qua non for India becoming a US $ 5 trillion economy by 2025 given its multiplier effect across sectors such as steel, cement, auto, and real estate, among others. Investments in the infrastructure sector, however, have been growing at a slow clip resulting in mounting infrastructure […]
India Can Become the RE Technology Hub to The World
17 Dec 2018 The journey towards a new energy architecture needs a long term and integrated policy approach, says Tulsi Tanti. The Indian Renewables industry is currently experiencing the right winds of change and is all set to alter the energy landscape of the country in a positive way. The clean energy sector is already […]
Sun rising on India’s Infrastructure
19 Dec 2018 Much has been written, and much handwringing has taken place, about China’s impact on the Indian economy. The dramatic expansion of India-China trade in the last few decades, and the influx of cheap goods, has had dramatic effects on industry in this country. There is hardly any sector in this country […]
The auto sector’s revival holds the key to India’s $5 trillion economy
06 Aug 2019 This financial year (FY2019) saw the Government of India set an ambitious target to make India a $5 trillion economy within five years. The country will need to grow at around eight per cent annually to reach the target by 2024-25. Global growth slowed down considerably in the second half of 2018, […]
How has Indian economy performed during 2018?
21 Dec 2018 The global economy has been growing at a steady pace over the last few years and is expected to post robust growth during the 2018-19 period. The Indian economy is also expected to exhibit strong growth fundamentals with growth rates pegged at 7.3% and 7.4% for 2018 and 2019 respectively, as per […]