The Associated Chambers of Commerce & Industry of India

"The Knowledge Chamber: Serving the Nation since 1920"

Press Releases

Banks credit in personal loans too high compared to degrowth in infra sectors: ASSOCHAM

New Delhi, May 19, 2018: Banks are deploying credit over-enthusiastically in retail finance like personal loans, credit card overdrafts, vehicle loans etc, while witnessing negative growth in key infrastructure sectors like telecom, power and roads, an ASSOCHAM paper has said

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Sunday, May 20, 2018

CAPTAIN AMARINDER SINGH IS THE TRUE SAVIOR OF FARMERS, BRAHM MOHINDRA

Patiala, May 18, 2018: Minister for Family Welfare and Health, Government of Punjab, Mr Brahm Mohindra today stated that the Chief Minister Punjab Captain Amarinder Singh was the savior of farmers in true sense. The Chief Minister has raised demand with the Prime Minister seeking Rs 685 cr compensation for the farmers to pull them out of the problem of setting paddy stubble on fire.

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Friday, May 18, 2018

ASSOCHAM-Reckitt Benckiser launch joint campaign to raise awareness of air pollution in Punjab

Patiala, May 17, 2018: Apex industry body ASSOCHAM under the aegis of its Corporate Social Responsibility Foundation in collaboration with global consumer product company Reckitt Benckiser and Government of Punjab is launching a massive, year-long campaign aimed at raising public awareness on air pollution caused by burning crop residue in the state.

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Thursday, May 17, 2018

Political economy to centre around elections forcing "wait and watch" by biz: ASSOCHAM

New Delhi, May 12, 2018: Whatever the outcome of Karnataka elections, the political-economic narrative of 2018 and early part of 2019 would centre around either the impending polls in states like Madhya Pradesh and Rajasthan or the general Lok Sabha elections, forcing investors to adopt a ''wait and watch'' stance although sectors focussed on rural consumption and health are likely to receive increased opportunities, an ASSOCHAM note has said.

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Sunday, May 13, 2018

Sector-wise threshold must to achieve desired goals for merger review control regime in India: CCI chairman

New Delhi, May 11, 2018: There is a need for India to revisit the desirability of uniform threshold for the merger review control regime in the country to achieve the intended goals across the sectors including the digital, Competition Commission of India (CCI) chairman, Mr Devender Kumar Sikri said at an ASSOCHAM event held in New Delhi today.

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Friday, May 11, 2018

Access to institutional finance, ECB will attract more investments in India: National Housing Bank, CEO

New Delhi, May 10, 2018:, Easy and dedicated access to institutional financing, higher limit on external commercial borrowings (ECB) will attract more investments and assure sustained growth of affordable housing in India, making it the core driving segment for real estate, said Mr Sriram Kalyanaraman, Managing Director & CEO, National Housing Bank at an ASSOCHAM event held in New Delhi today.

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Thursday, May 10, 2018

Govt. planning to increase credit guarantee up to Rs 50K crore under CGTMSE for FY19: MSME secy

New Delhi, May 10, 2018: With a view to allay the trade finance woes of micro, small and medium enterprises (MSMEs), the Union Government has planned to more than double the credit guarantee up to Rs 50,000 crore for 2018-19 under the Credit Guarantee Fund Trust For Micro and Small Enterprises (CGTMSE) scheme set up by MSME Ministry, a top official said at an ASSOCHAM event held in New Delhi today.

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Thursday, May 10, 2018

Affordable solutions needed to intensify innovations in Indian pharma sector: DGHS

New Delhi, May 9, 2018: Advanced, affordable and accessible solutions is the only way forward towards intensifying the innovations in Indian pharma sector, a top Union Health Ministry official said at an ASSOCHAM event held in New Delhi today.

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Wednesday, May 09, 2018

NDCP 2018: holistic, progressive and forward looking; ASSOCHAM

New Delhi, 8 May, 2018: Apex industry body ASSOCHAM has welcomed the draft National Digital Communications Policy (NDCP) 2018 that provides much needed impetus for light-touch, technology friendly framework to propel innovation and efficiency via communications.

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Tuesday, May 08, 2018

Investors handing over severe punishment to lack of corporate governance: ASSOCHAM

New Delhi, May 5, 2018: The Indian stock market is showing an increasing tendency for a zero tolerance for any perceived dishonesty on the part of companies, expecting them to remain fully transparent and compliant in corporate governance and has severely punished the companies faltering on transparency, the ASSOCHAM said, cautioning promoters to remain committed to enhancing shareholders' value.

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Sunday, May 06, 2018

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