The Associated Chambers of Commerce & Industry of India

"The Knowledge Chamber: Serving the Nation since 1920"

Press Releases

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

Set-up quotas for women to enhance their decision making role: Anupriya Patel, MoS, Ministry of Health and Family

Establish quotas to increase women’s willingness to compete in competitive mixed-gender environments result in more qualified candidates for competitive positions, said Ms. Anupriya Patel, Minister of State, Ministry of Health and Family Welfare at an ASSOCHAM event held in New Delhi today.

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Friday, January 13, 2017

India needs 80 lakhs Wi-Fi hotspots: ASSOCHAM-Deloitte study

India needs over 80 lakhs hotspots as against the availability of about 31,000 hotspots with a view to reach the global level of one Wi-Fi hotspot penetration for every 150 people, according to ASSOCHAM-Deloitte joint study.

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Thursday, January 12, 2017

Create 11 lakhs new jobs in five years to reinvigorate Punjab economy: ASSOCHAM

Punjab holds significant potential to create over 11 lakhs additional jobs from the current workforce of about 18.5 lakhs between the age of 15-30 years to attract more investments and attain double digit growth during the course of next five years, apex industry body ASSOCHAM said today.

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Wednesday, January 11, 2017

Real estate & infrastructure investment trusts could raise Rs 50K crore: ASSOCHAM-Crisil

The real estate investment trusts (REITs) and infrastructure investment trusts (InvITs) can help raise close to Rs 50,000 crore in the near term given the interest shown by certain players in the infra and real estate space, noted a recent ASSOCHAM-Crisil joint study.

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Tuesday, January 10, 2017

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