The Associated Chambers of Commerce & Industry of India

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Press Releases

Centre’s approach in solving drinking water & sanitation issues is ‘transparent & open’: Unicef India official

New Delhi, July 19, 2017: There is a very strong transparency, openness with many stakeholders in terms of the union government’s approach towards solving issues concerning lack of drinking water and sanitation in India, a top Unicef India official said at an ASSOCHAM event held in new Delhi today.

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Wednesday, July 19, 2017

Bamboo policy on the anvil: Nitin Gadkari

New Delhi, July 18, 2017: The Government is soon likely to bring a policy to promote bamboo sector which could be used to harness bio-fuel, Union Road Transport, Highways and Shipping Minister, Mr Nitin Gadkari said at an ASSOCHAM event held in New Delhi today.

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Tuesday, July 18, 2017

Inflation outlook to stay muted for more months: ASSOCHAM

New Delhi, July 17, 2017: With the country set to reap a record foodgrains production and the industry not enjoying any pricing power, the inflation outlook remains quite muted at least till festival season of Durga Puja and Diwali, an ASSOCHAM analysis has suggested.

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Monday, July 17, 2017

Rs. 8 Lakh crore NPAs likely to undergo bankruptcy proceedings by March 2019: ASSOCHAM

New Delhi, 15 July, 2017: Emboldened by the Banking Regulation (Amendment) Ordinance, RBI is expected to put bad loans worth about Rs 8 lakh crore for resolution by March 2019, a move that could bring down the non-performing assets (NPAs) to acceptable level and significantly improve the financial health of banks as well, a study done by ASSOCHAM said.

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Sunday, July 16, 2017

Building market institutions can help M&As move faster: IBBI chief

New Delhi, July 15, 2017: Building the institutions of market can help the mergers and acquisitions (M&As) process to move faster, chairperson of the Insolvency and Bankruptcy Board of India (IBBI), Mr M.S. Sahoo said at an ASSOCHAM event held in New Delhi today.

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Saturday, July 15, 2017

Railways Ministry to improve infrastructure; logistic becoming a new engine of growth: Suresh Prabhu

New Delhi, July 13, 2017: Railway ministry is focussing more on improving the infrastructure of Indian Railways to create a proper logistics and seamless movement of traffic said Railways Minister Mr. Suresh Prabhu at an ASSOCHAM event held in New Delhi today.

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Thursday, July 13, 2017

Govt. to adopt & implement automobile standards in developed countries to reduce pollution levels: Nitin Gadkari

New Delhi, July 13, 2017: With a view to significantly bring down pollution levels, the government has decided to adopt and implement in totality the automobile standards in developed countries, union minister for shipping, road transport and highways, Mr Nitin Gadkari said at an ASSOCHAM event held in New Delhi today.

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Thursday, July 13, 2017

ASSOCHAM seeks review of GST rates for specific agriculture inputs

New Delhi, July 12, 2017: Apex industry body ASSOCHAM has urged the union government to review GST (Goods and Services Tax) rates for select agriculture inputs viz., bio fertilizers, bio pesticides/bio control agents (BCA), organic manures/vermicompost/farmyard manure (FYM) and others.

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Wednesday, July 12, 2017

To be an IAS officer remains among preferred choices for youth: ASSOCHAM survey

New Delhi, 11 July 2017: To be a civil servant, more specifically, the Indian Administrative Service (IAS) officer, remains among the top most preferred choices for the youth, as is evident from a sharp rise in the number of the applicants for the coveted positions, an ASSOCHAM Paper has noted.

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Tuesday, July 11, 2017

Dismantling check posts, post- GST save 24-36 hrs trucking time on trunk routes: ASSOCHAM

New Delhi, 10 July 2017: Notwithstanding some teething troubles, the GST is saving trucking time on trunk routes, connecting top cities, between 24-36 hours besides saving the fleet owners Rs 5,000 -7,500 per trip by way of corruption at the octroi and sales tax/VAT check posts which have since been dismantled by most of the states, an ASSOCHAM quick check has noted.

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Monday, July 10, 2017

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