The Associated Chambers of Commerce & Industry of India

"The Knowledge Chamber: Serving the Nation since 1920"

Press Releases

Give a carve-out to home buyers, treat them at par with banks in realty projects: ASSOCHAM

New Delhi, August 19, 2017: ASSOCHAM today impressed upon the government, National Company Law Tribunal (NCLT) and the Insolvency and Bankruptcy Board of India to treat home buyers in real estate projects at par, if not above banks in the pecking order, by providing a separate carve-out for those stuck in the incomplete construction, and any legal hurdle should be immediately removed, by a Presidential Ordinance, if need be.

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Sunday, August 20, 2017

Youth in large nos. approaching govt. to set up startups in north-eastern states: Dr Jitendra Singh

New Delhi, August 18, 2017: More number of youngsters from across India are approaching the union government to set up startups in north-eastern states under the ‘Startup India, Standup India,’ programme, union minister Dr Jitendra Singh said at an ASSOCHAM event held in New Delhi today.

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Friday, August 18, 2017

Telecommunications sector to generate 30 lakh jobs by 2018: ASSOCHAM-KPMG

New Delhi, August 17, 2017: Roll out of 4G technology with an increase in data, entry of new players in the market, introduction of digital wallets, popularity of smart phone leading to consistent increase in demand for technology and other developments in the telecom sector likely to increase job opportunities by 30 lakhs by 2018, according to an ASSOCHAM-KPMG joint study.

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Thursday, August 17, 2017

Startups must develop stronger & sustainable biz plans to continue receiving PE/VC funding: Study

New Delhi, August 16, 2017: Developing stronger and sustainable business plans will help startups in receiving PE/VC (private equity/venture capital) funding, suggested a recent ASSOCHAM-Hammurabi & Solomon joint study.

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Wednesday, August 16, 2017

Tech solutions in place; mind set of staff manning customer services need massive change: ASSOCHAM

New Delhi, 14 August, 2017: Be it a post office, not in some remote area but in big cities of Mumbai and Delhi, or a public sector bank, state-owned MTNL, BSNL or several other government owned and run organisations, the ease of doing business, especially for a small entrepreneur is missing despite a well-meaning digital drive of the government, an ASSOCHAM paper has noted with concern.

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Monday, August 14, 2017

Pool all skill development schemes under single minister with Rs 25K crore budget, suggests study

New Delhi, August 12, 2017: The Union Government should take core elements of skill development from various ministries and pool them under single minister with a budget of about Rs 25,000 crore, suggested an ASSOCHAM-Tata Institute of Social Sciences (TISS) joint study.

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Sunday, August 13, 2017

360,000 BTS expected to be added by 2019: study

New Delhi, 10 August, 2017: Around 360,000 Base Transceiver Station (BTS) are expected to be added by 2019 resulting in an increase in tenancy ratio from the current level of 2.6 to approximately 3.5 in 2021, according to an ASSOCHAM-KPMG joint study.

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Thursday, August 10, 2017

Government training people for entry level jobs to work as drivers, domestic help abroad: Rajiv Pratap Rudy

New Delhi, August 9, 2017: The Government is imparting skill-based training for entry-level jobs and employment opportunities for people in unorganised sector including those seeking to work abroad as drivers and domestic help, Union Minister for Skill Development and Entrepreneurship, Mr Rajiv Pratap Rudy said at an ASSOCHAM event held in New Delhi today.

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Wednesday, August 09, 2017

Indian handset market crosses 350 million shipments in 2017: ASSOCHAM-KPMG study

New Delhi, 8 August, 2017: Indian handset market recorded over 350 million shipments in the year 2017 as compared to 280 million in 2016, a surge in revenue from INR 111,000 crores in 2015 to INR 135,000 crore in 2016, according to an ASSOCHAM-KPMG joint study.

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Tuesday, August 08, 2017

External rupee value far greater than internal; mismatch hurting exporters: ASSOCHAM

New Delhi, 5 August, 2017: External value of rupee is far stronger than its internal strength despite lower inflation with the resultant mismatch and the continuing trend is hurting exporters whose competitive edge gets directly hit with declining value of dollar against the domestic currency, an ASSOCHAM Note has said.

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Sunday, August 06, 2017

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