Guns, gas and technology
25 Feb 2020 U.S. President Donald Trump’s first official visit to India could lead to significant outcomes, as there have been regular and sustained engagements between Mr. Trump and Prime Minister Narendra Modi on the sidelines of forums such as the G7, the G20, and the United Nations General Assembly. Today, the two countries […]
Corporate governance bar must be raised
28 Feb 2020 As a $3-trillion economy aspiring to enhance its global position, India is transforming its business environment and looking to entrepreneurs as wealth-creators. Ways of doing business are changing to align with global patterns. Today, governments and regulatory agencies expect companies to conform to global best practices for better functioning of markets […]
CII interventions to combat Coronavirus
22 Mar 2020 The world is currently passing through a challenging period due to the spread of Covid-19. The safety of people across the world is of paramount importance, while ensuring that the epidemic does not infect more and more with each passing day. For this, Hon Prime Minister has advised citizens to maintain social […]
A Growth Driver
07 Feb 2019 The Budget provides relief to many sectors The presentation of the Interim Budget is to be seen in the context of various headwinds that are facing the Indian economy, including slower global growth and trade rates, subdued consumption, and farmer stress. At this time, it was necessary to impart a strong stimulus […]
GST will improve our competitiveness
14 Feb 2019 Once again, the GST Council has made important modifications to the GST regime that will reinforce its growth potency. By raising thresholds, lowering frequency of returns and including services under the composition scheme, the Council has boosted ‘ease of doing business’ for small enterprises. India’s reform journey took a huge leap forward […]
People-friendly Budget strikes the right note
11 Mar 2019 The interim finance minister has presented a coherent, purposeful and balanced Budget which is fully aligned towards meeting the social and economic goalposts envisioned for the country. It strives to address the key socio-economic challenges even as it tries to maintain fiscal discipline and strengthen the momentum of growth. This Budget has […]
The Lion Conquers the Forest: Achieving a USD 1 Trillion Manufacturing Economy
25 Apr 2019 Recently, CII partnered with the Government to work on the target of creating a USD 1 trillion manufacturing economy by 2025-26. We brought out a report ‘The Lion Conquers the Forest, India: A USD 1 Trillion Manufacturing Economy’ which looked at how India could become a leading global destination for cost-effective high […]
New Income Tax Act Should Aim at Competitiveness of Indian Industry
29 Apr 2019 In a rapidly transforming global economic environment, the role of the tax structure of economies has gained heightened relevance. Across the world, from advanced economies to emerging ones, tax rates for companies are being slashed to enable sharper competitive advantage. India has also taken note of these developments. The US has dramatically reduced tax rates […]
Participating in Electronics GVC
09 May 2019 India’s expanding income levels have translated into a growing trade deficit, with imports of electronic products as a key component—electronics imports (under HS code 85) grew to $48.3 billion in 2017-18 (10% of total imports), jumping $10 billion over the previous year and at third rank in total imports after oil, and […]
Corporate Governance: Adopting the Golden Rules
14 May 2019 As corporates expand their global footprint and seek foreign investments and markets, safeguarding the interests of different stakeholders becomes critically important. To build and sustain investor confidence, corporates need to have transparent and good governance practices in place because mismanagement and false projection can cause immense financial and reputational loss. Pioneering corporate […]