Automation: A Compelling Case for Upskilling and Reskilling to Enhance Productivity
15 Nov 2018 With Industry 4.0 becoming a reality, one of the reigning questions is whether many of the job roles, particularly in manufacturing industry will get altered, fundamentally changed or cease to exist. Well, the answer is a combination of all three aspects. As per CII Future of Jobs Report, ‘it is estimated […]
Enhancing Skills Critical for Boosting Employability
03 Jul 2019 With the Budget 2019-20 to be presented shortly, job creation is expected to be the topmost priority on the Government’s agenda. Innovative ideas are necessary to explore ways to create more jobs in the economy, especially in the labour intensive sectors such as agriculture, construction, textiles, etc. The Confederation of Indian Industry […]
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 […]
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 […]
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 […]
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, […]