CII’s Suggested Economic Package for Restarting the Economy
11 Apr 2020 In the wake of the Covid-19 outbreak, that has had far reaching ramifications on the economy, the Confederation of Indian Industry (CII) has submitted its recommendations to the Government. These address many challenges that the economy is currently facing and would help in restarting the economy in a safe, sustainable and […]
Impact of Lockdown and COVID-19 on the Indian Economy
12 Apr 2020 The Novel Coronavirus (or COVID-19) pandemic is causing a significant impact on individual lives, businesses, and the economy. The Indian economy was already witnessing a slowdown in the last few quarters and the current pandemic is going to make the recovery even more difficult. To curb the spread of the pandemic, the […]
Spatial and Sectoral Considerations required for Calibrated Opening Up
15 Apr 2020 A calibrated and safe exit from the lockdown, subject, of course, to considerations being given to the geographical spread of COVID in the country, would be a practical approach. This is an evolving situation and therefore, we should be open to alter our approach as we go along. Given that the number […]
Business Reform Action Plan (BRAP) 2019: Ease of Doing Business Reforms
14 Oct 2020 In recent years, the Government has taken strong action to improve the climate for business operations with a view to bring in competitiveness in the system. Department for Promotion of Industry and Internal Trade (DPIIT) initiated the Business Reform Action Plan (BRAP) exercise of ranking all Indian states/UTs in 2014 based on […]
COVID-19 Calibrated Restarting of the Economy
18 Apr 2020 The lockdown in India starting March 25 brought almost all economic activity in India to a halt. A step necessary to save lives, it, however, put a question mark before the livelihoods for millions of Indians, especially those at the bottom of the pyramid such as migrant labour. As the economic crisis […]
CII Recommendations on Lockdown Exit
20 Apr 2020 The guidelines issued by the Government on relaxation of lockdown after 20th April within the parameters of safety precautions have brought relief to industry as well as workers and farmers. CII has suggested continued stringent lockdown in specified containment zones with rest of the identified hotspot districts to be open to economic activities […]
Projections for Growth in Covid-19 Times
25 Apr 2020 When the second phase of the lockdown ends on 3rd May, it will have been 40 days since the lockdown was announced. The economic cost continues to mount, although the lockdown has helped flatten the COVID-19 curve. With each passing day, the economic impact of the lockdown across sectors is getting more pressing, […]
India Emerging as the top Investment Destination
25 Oct 2020 Economic crises are not recent. Their history goes back to mid-1637 when the ‘Tulip and Bulb Craze’ took place. It was followed by the ‘South Sea Bubble’ crisis in the 1700s, the Florida Real Estate Craze, and, of course, the more recent ones of the Great Depression (1929), the Crash of 1987, […]
Servicing FPOs through CII’s Unique Platform
10 Nov 2020 Farmer Producer Organizations are groups or aggregations of farmers that provide a higher bargaining power to farmers and helps them realise benefits from economies of scale. Launched initially by the Department of Agriculture, Cooperation & Farmers’ Welfare (DAC&FW) as a pilot project for promoting collaborations with farmers in 2011-12, the Farmer Producer […]
Production Linked Incentive Scheme: Boosting India’s global competitiveness
21 Nov 2020 The Union Cabinet on 11 November 2020, in a move to give a major boost to domestic manufacturing and exports, extended the existing Production Linked Incentive (PLI) Scheme to 10 more identified champion sectors. This is expected to bolster competitiveness, attract foreign players and encourage domestic employment potential. The PLI scheme will […]