The Associated Chambers of Commerce & Industry of India

"The Knowledge Chamber: Serving the Nation since 1920"

Press Releases

Two key labour reform bills to come up in Parliament: Labour Minister

As a part of Labour reforms, The Government would introduce two important bills relating to wages and industrial relations in Parliament in March for simplification and rationalisation of the Labour Laws, Labour Minister Mr.BandaruDattatreya said at an ASSOCHAM Annual Event today.

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Thursday, February 09, 2017

No decision taken on bank transaction tax; govt. examining recommendations received from Chief Ministers’ panel: Shaktikanta Das

The government has not taken any decision with regard to the tax on bank transactions, though it has received a set of recommendations from the Committee of Chief Ministers, Economic Affairs secretary, Mr Shaktikanta Das said at ASSOCHAM’s 96th Annual Function.

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Thursday, February 09, 2017

UBI may be launch as a pilot says Finance Minister

Extoling virtues of the Universal Basic Income, Finance Minister Mr Arun Jaitley today said at ASSOCHAM event at least one state is willing to take a plunge and launch a pilot on the scheme, proposed by the Economic Survey.

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Thursday, February 09, 2017

Air India’s balance sheet to be restructured & debt reduced: Jayant Sinha

Air India’s balance sheet has to be restructured and debt reduced as part of the transformation of the national carrier, Minister of State for Civil Aviation, Mr Jayant Sinha said at an ASSOCHAM event held in New Delhi today.

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Thursday, February 09, 2017

ASSOCHAM concerned over RBI leaving “accommodative” stance on interest rates

Expressing disappointment over belying of expectations on the interest rate cut by the Reserve Bank of India, the ASSOCHAM today said what is more worrying is the RBI putting an end to the “accommodative” stance in the wake of the impact of demonetization.

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Wednesday, February 08, 2017

ASSOCHAM seeks fine prints of electoral bond scheme

ASSOCHAM today said the fine prints of the electoral bond scheme for donations to the political parties by businesses and wealthy individuals should aim at maximising clean-up of the system and transparency in political funding.

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Tuesday, February 07, 2017

ASSOCHAM seeks RBI nudge to banks for full transmission of interest cuts, post- note ban

As the Monetary Policy Committee of the Reserve Bank of India meets on February 7 and 8 for next bi-monthly credit policy, apex industry body ASSOCHAM has impressed upon the central bank and the Finance Ministry to ensure adequate transmission of cuts in the interest rates even as the industry would seek at least 50 -75 basis point reduction in the benchmark lending rates, post demonetization.

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Sunday, February 05, 2017

MSME Ministry received 4.40 lakh applications from entrepreneurs for setting up new businesses: H.P. Chaudhary

The Union Ministry of Micro, Small and Medium Enterprises (MSMEs) has received 4.40 lakh applications from budding entrepreneurs seeking assistance from the Government for setting up business, Minister of State for MSME, Mr H.P. Chaudhary informed at an ASSOCHAM event held in New Delhi today.

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Thursday, February 02, 2017

Business like budget; high on reforms, rural demand & infra: ASSOCHAM

Apex industry body ASSOCHAM today congratulated Prime Minister, Mr Narendra Modi and Union Finance Minister, Mr Arun Jaitley for giving a truly workman and business-like Budget, with a great focus on rural economy, small and medium enterprises, small income tax payers and importantly bringing reforms in political funding.

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Wednesday, February 01, 2017

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