The Associated Chambers of Commerce & Industry of India

"The Knowledge Chamber: Serving the Nation since 1920"

Press Releases

Reduce customs duty on chilled & frozen sea food and poultry to 10% & 20% respectively: ASSOCHAM plea

Apex industry body ASSOCHAM has urged the Union Government to reduce customs duty on chilled and frozen sea food from present level of 30 per cent to 10 per cent to bring down food inflation and satiate high demand for sea food in India.

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Friday, January 27, 2017

GST on healthcare will make medicare unaffordable: ASSOCHAM-TechSci study

The healthcare sector catering to the unmet health needs of the society should be kept out of the purview of the Goods and Services Tax (GST) or else medical care would become expensive and unaffordable for the common persons, said an ASSOCHAM-TechSci Research paper.

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Wednesday, January 25, 2017

Link BPO promotion scheme with direct tax benefit: ASSOCHAM plea to Govt.

Apex industry body ASSOCHAM has suggested the Union Government to link the India business process outsourcing promotion scheme (IBPS) with direct tax benefit.

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Tuesday, January 24, 2017

ASSOCHAM submits agenda for election manifesto to all political parties

The much improved infrastructure development in Uttrakhand if gainfully tapped shall generate additional 5 lakh jobs in next five years in food processing, tourism, herbal medicines, small and medium enterprises (SMEs) sector, noted an ASSOCHAM agenda for inclusion in the election manifestos of political parties for the upcoming assembly polls. The Agenda has been submitted to all the Political Parties.

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Monday, January 23, 2017

Note ban has negative impact on SMEs; large firms can benefit in long run: ASSOCHAM Bizcon

Demonetisation of high value currency notes would leave quite a negative impact on small and medium enterprises, rural consumption and job creation in the immediate run while the large and well organised sectors of the corporate India stand to benefit in the long term horizon, the latest ASSOCHAM Bizcon Survey pointed out.

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Sunday, January 22, 2017

India will add 160-170 million labour force by 2020: study

India’s labour force will expand by 160-170 million in 2020, depends on various factors which includes population growth rate, labour force participation, education enrolment at higher levels etc, an ASSOCHAM –Thought Arbitrage joint study has pointed out.

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Friday, January 20, 2017

Digital transactions made through UPI & USSD modes grew by 3574% & 10603% respectively till 18th Jan 2017: P.P. Chaudhary

The number of digital financial transactions made through Unified Payments Interface (UPI) and Unstructured Supplementary Service Data (USSD) mode has grown exponentially by 3,574 per cent and 10,603 per cent respectively till 18th January 2017, Union Minister of State for Law & Justice and Electronics & Information Technology, Mr P.P. Chaudhary said at an ASSOCHAM event held in New Delhi today.

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Friday, January 20, 2017

India sees large rise in cybercrime: ASSOCHAM-PwC study

Cyber security incidents are seeing a rise in India, with a total of 39,730 incidents reported in the first 10 months of 2016, as against 44,679 and 49,455 observed during the years 2014 and 2015 respectively, a recent ASSOCHAM-PwC joint study said today.

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Wednesday, January 18, 2017

Let Budget be presented on Feb 1, ASSOCHAM to opp parties

Making a strong appeal to different political parties to let the Union Budget for 2017-18 be presented to Parliament on February 1, the apex industry chamber ASSOCHAM today said the advancement to this effect would help the government to begin its capital and other expenditure right from April and revive the much needed economic growth.

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Sunday, January 15, 2017

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