The Associated Chambers of Commerce & Industry of India

"The Knowledge Chamber: Serving the Nation since 1920"

Press Releases

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

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

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