The Associated Chambers of Commerce & Industry of India

"The Knowledge Chamber: Serving the Nation since 1920"

Press Releases

Food processing sector to generate 9 million jobs by 2024: study

Indian food processing sector has potential to attract US$ 33 billion of investment and generate employment of 9 million persons days by FY 2024, said an ASSOCHAM-Grant Thorton Research paper.

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Sunday, February 19, 2017

Constant improvement in ease of doing biz & robust infrastructure development imperative for India’s all round economic growth: Report

The government needs to continuously invest in improving the ease of doing business environment, develop sound infrastructure, and ensure availability of trained workforce as India is set on a growth trajectory that promises all-round development, economic welfare and strong macro-economic indicators, noted a recent ASSOCHAM-EY report.

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Friday, February 17, 2017

Retail inflation in Delhi, J&K more than double national average, demonetization possible reason: ASSOCHAM

The retail inflation may have been hovering at quite a reasonable level of 3.17 per cent for January, 2017 on an all-India basis, but there is no respite for people right in Delhi along with a couple of other states, suffering the price rise at double the national average, with demonetization leaving its possible impact, an ASSOCHAM analysis has noted.

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Thursday, February 16, 2017

Insurance penetration in India likely to cross 4 pc this year: ASSOCHAM

Government’s policy of insuring the uninsured has gradually pushed insurance penetration in the country and proliferation of insurance schemes are expected to catapult this key ratio beyond 4 per cent mark by the end of this year, reveals the ASSOCHAM latest paper.

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Wednesday, February 15, 2017

Govt. should increase cyber security spending to match growing threat landscape: ASSOCHAM-PwC paper

The government should sharply increase spending on cyber security to a level that matches the changing threat landscape, noted a paper jointly conducted by ASSOCHAM-PwC.

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Tuesday, February 14, 2017

New leadership team takes the helm at ASSOCHAM

A new team is at the helm of The Associated Chambers of Commerce and Industry of India (ASSOCHAM) as Mr Sandeep Jajodia, chairman & managing director (CMD), Monnet Ispat & Energy Ltd.; Mr Balkrishan Goenka, chairman, Welspun Group and Mr Kiran Kumar Grandhi, vice-chairman of GMR Infrastructure Ltd. have taken over as president, senior vice-president and vice-president respectively.

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Monday, February 13, 2017

Enough funds for road building, orders worth Rs 5 lakh crore signed: Gadkari

With the National Highway Authority of India having received a mandate from the Budget to raise Rs 70,000 crore through infrastructure bonds and easy availability of low cost overseas loans for the AAA rated NHAI, the government’s road and highway building programme has enough cash to build the crucial infrastructure, Road Transport, Highway and Shipping Minister Mr Nitin Gadkari has said.

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Sunday, February 12, 2017

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

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