The Associated Chambers of Commerce & Industry of India
"The Knowledge Chamber: Serving the Nation since 1920"

Press Releases

Indias digital payments projected to more than double to USD 135 billion in 4 years: ASSOCHAM-PWC study

New Delhi, June 15, 2019: Turbo-charging expansion in the financial technology (FinTech), Indias digital payments transaction value is projected to more than double to USD 135.2 billion in 2023 from USD 64.8 billion this year, according an ASSOCHAM-PWC India study.

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Sunday, June 16, 2019

FSSAI initiatives in schools to inculcate right eating habits haven’t reached national scale: Pawan Kumar Agarwal

New Delhi, 13th June 2019: The initiatives taken by the Food Safety and Standards Authority of India (FSSAI) in the school space from point of view of inculcating right eating habits have not reached national scale so far, its Chief Executive Officer (CEO), Mr Pawan Kumar Agarwal said at an ASSOCHAM event in New Delhi today.

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Thursday, June 13, 2019

Labour reforms would be a game-changer for next phase of investment: ASSOCHAM

New Delhi, 12th June 2019: Labour and land reforms would go a long way in attracting new investment not only from within the country but also overseas. In aggregate, the labour reforms would significantly add to addition of employment opportunities resulting from new investments, apex industry body ASSOCHAM said today.

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Wednesday, June 12, 2019

Build Climate for Investments, Continue Reforms, Fine-tune SME Rules: ASSOCHAM in pre-Budget Meeting

New Delhi, June 11, 2019: Participating in the pre-Budget meeting convened by Finance Minister Mrs Nirmala Sitharaman, ASSOCHAM President Mr B K Goenka today recommended more favourable norms for investment – both domestic and FDI. On behalf of industry, he made various suggestions which would help the Indian economy achieve its objectives of high growth and inclusive development.

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Tuesday, June 11, 2019

Pre-Budget proposals: ASSOCHAM seeks raise in exemption limit for taxpayer to Rs 5 lakh

New Delhi, June 8, 2019: The basic exemption limit for an individual income tax payee should be raised to Rs 5 lakh from Rs 2.50 lakh at present, in the backdrop of the inflationary impact over the years, the ASSOCHAM has proposed in its pre-Budget memorandum to the Government.

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Sunday, June 09, 2019

Study suggests govt to allow min 51% FDI in defence without riders to linkages with modern technology for large scale job creation

New Delhi, 05th June 2019: The government should allow a minimum of 51 per cent FDI in defence sector without any riders to linkages with ‘modern technology,’ so as to enable international defence companies to exercise adequate control over joint venture companies, intellectual property rights (IPR) and product quality, suggested an ASSOCHAM-BDO joint study.

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Wednesday, June 05, 2019

New Govt. to use Fintech for flagship programmes: Amitabh Kant

New Delhi, May 30, 2019: Use of financial technology (Fintech) revolution for achieving greater financial and insurance inclusion, besides lifting people above the poverty line would be amongst the biggest agenda of the Narendra Modi 2.0 government, NITI Aayog CEO, Mr Amitabh Kant said at an ASSOCHAM Conference in New Delhi today.

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Thursday, May 30, 2019

Final report on cryptocurrency ready to be submitted to FM: Finance Secy

New Delhi, 30th May 2019: While the final report on cryptocurrency would soon be submitted to the Union Finance Minister, there is no report yet from expert committee on economic capital framework (ECF), finance secretary Subhash Chandra Garg said at an ASSOCHAM event held in New Delhi today.

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Thursday, May 30, 2019

ASSOCHAM on PM Modi: New Government Slated to Place India on Higher Growth Trajectory

New Delhi, May 30, 2019: After attending the new government's swearing-in ceremony today, ASSOCHAM President Mr B K Goenka extended his warmest congratulations to Hon'ble Prime Minister Shri Narendra Modi and his Council of Ministers. Expressing industry's enthusiasm with the new leadership and sharing his optimism on the government's agenda, Mr Goenka said, "With Shri Narendra Modi ji taking oath as the Prime Minister for his second term, India is slated to undertake the next level of reforms for becoming a global economic power house."

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Thursday, May 30, 2019

TARI study, shared with ASSOCHAM unveils a model to measure full economic value generated by an entire sector

New Delhi, May 29, 2019: TARI (Thought Arbitrage Research Institute) today shared its study with ASSOCHAM, stating that as per an economic metric model it has measured the total cumulative intrinsic economic value generated by a sector over the years. This model is developed by combining financial reports, econometric and statistical methodologies, as per the TARI study shared with the ASSOCHAM.

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Wednesday, May 29, 2019

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