The Associated Chambers of Commerce & Industry of India

"The Knowledge Chamber: Serving the Nation since 1920"

Press Releases

Grand focus on rural economy, infrastructure development in the Budget: ASSOCHAM president, Sunil Kanoria

Huge focus on rural economy with a commitment to double the farmers’ income by 2022, betting quite high on rail and road infrastructure and yet sticking to the financial discipline by retaining the fiscal deficit targets for 2016-17 are the most important takeaways from the Union Budget 2016-17, ASSOCHAM President Mr Sunil Kanoria has said.

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Monday, February 29, 2016

ASSOCHAM wants Haryana to re-christen Global Investor Summit as Investor Reassurance meet

In the backdrop of massive loss of lives and property in the recent violence ASSOCHAM today advised the Haryana Government to re-christen its ensuing ‘ Happening Haryana Global Investor Summit’ as ‘ Resilient Haryana’ , re-assuring the industry, business and the human resource that these incidents were ‘ One – Off, Never-Again’ unfortunate event.

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Sunday, February 28, 2016

Survey underscores need for increased vigil on global headwinds; reforms can provide buffer: ASSOCHAM

While India can take a legitimate sense of pride in being the haven of stability in an otherwise gloomy global economy, the Economic Survey has rightly highlighted the need for being prepared to face any spill-over of major currency adjustments in China and other Asian economies. Besides, a vigil needs to be kept on the capital outflows from the emerging economies, as underlined by the Survey, ASSOCHAM President Mr Sunil Kanoria said.

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Friday, February 26, 2016

India’s demographic transition can add 2% to India’s per-capita GDP annually: ASSOCHAM-Accenture study

Digital technologies can improve performance of development programs If large portions of the population are managed successfully, India’s demographic transition could add an average two percentage points annually to the nation’s per-capita gross domestic product (GDP) over the next few decades, a recent ASSOCHAM-Accenture joint study has said today.

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Wednesday, February 24, 2016

Take fast steps to restore confidence in Haryana, ASSOCHAM to CM

Expressing concern over a huge loss of lives and property in Haryana, ASSOCHAM today said Chief Minister Mr Manohar Lal Khattar should ensure that those who have suffered at the hand of violent agitation should be compensated in a speedy manner to restore confidence in the state.

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Tuesday, February 23, 2016

ASSOCHAM cautions RBI, Govt not to over-react on bank NPAs

Concerned over a high level of non-performing assets in the banking sector, ASSOCHAM today impressed upon the Reserve Bank of India and the government to handle the situation in an extremely prudent and cautious way since any over-reaction can be more damaging to the country's vulnerable financial system.

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Monday, February 22, 2016

Price gap between retail and wholesale vegetables beyond 53.3%: ASSOCHAM study

Disparity between Wholesale Price (WSP) and Retail prices for essential vegetables like brinjal, cabbage, cauliflower went up beyond 53.3% during November 2015 to January 2016 which was 50.4% as compared to the same period last year, according to ASSOCHAM recent paper.

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Sunday, February 21, 2016

ASSOCHAM pegs Haryana loss at Rs 18,000 - 20,000 crore

Impressing upon the Haryana government and the Centre to immediately bring under control the deteriorating law and order situation under control, ASSOCHAM today said the ongoing violent agitation in Haryana has already dealt an estimated blow of Rs 18,000-Rs 20,000 crore by way of loss to public and private property and halting trade, industry, small business and transport.

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Sunday, February 21, 2016

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