The Associated Chambers of Commerce & Industry of India

"The Knowledge Chamber: Serving the Nation since 1920"

Press Releases

Out of ordinary steps like relaxing fiscal room needed to revive economy: ASSOCHAM

New Delhi, September 30, 2017: Amidst concerns over slowdown in growth due to the transient disruptions in the economy following GST implementation and the remaining over-hang of the demonetization, India Inc is looking up to the government to take a few ‘out of ordinary’ steps like relaxation of the fiscal deficit targets and increase in public spending to boost investment –led growth that would lead to more jobs and revival in consumer demand, the ASSOCHAM has said in its recommendations to the government.

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Sunday, October 01, 2017

Give power producers benefits of export units in sync with PM push: ASSOCHAM

New Delhi, September 29, 2017: In sync with the Prime Minister Mr Narendra Modis ambitious plans to giving boost to the power sector, the ASSOCHAM has approached the Commerce Ministry, seeking extension of the EPCG scheme to the power plant equipment used in the manufacture of export goods as the Export Promotion Capital Goods (EPCG) allows import of capital goods meant for manufacturing facility of exports at zero duty.

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Friday, September 29, 2017

Govt. working to build PPP based robust agri-value systems to meet nutritional requirement of agri-produce: Official

New Delhi, September 28, 2017: The Union Government is building robust agri-value system in collaboration with private players to transform agriculture sector from pure production system into an agri-business, a top Agriculture and Farmer Welfare Ministry official said at an ASSOCHAM event held in New Delhi today.

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Thursday, September 28, 2017

Increasing burden of heart failure in India; rising incidence in young patients too: study

New Delhi, September 28, 2017: Cardiovascular diseases (CVDs) are expected to be the fastest growing chronic illnesses between 2007 and 2017, growing at 9.5% annually, and accounting for the second largest number of non-communicable diseases (NCDs) patients after mental illnesses in India, according to an ASSOCHAM-Deloitte joint study on the occasion of ‘World Heart day’.

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Thursday, September 28, 2017

FSSAI working with industry to address challenges being faced in food fortification: Pawan Agarwal

New Delhi, September 27, 2017: Apex food regulator, the Food Safety and Standards Authority of India (FSSAI) is working with the industry to understand the challenges being faced in promoting fortification of wheat flour, rice and double fortification of salt, its chief executive officer, Mr Pawan Kumar Agarwal said at an ASSOCHAM event held in New Delhi today.

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Wednesday, September 27, 2017

Maharashtra & Gujarat top ranked states in manufacturing emergence: Study

New Delhi, September 26, 2017: Maharashtra and Gujarat ranked among top states in terms of manufacturing emergence in mainstream states across India, noted a recent study conducted by apex industry body ASSOCHAM.

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Tuesday, September 26, 2017

Fintech cos. must develop novel preventive control mechanisms to mitigate cyber attacks: Study

New Delhi, September 25, 2017: In wake of the Government’s thrust on moving towards a cashless economy, companies operating in the financial services domain will have to develop novel preventive control mechanisms and significantly invest in reactive capabilities to keep cyberattackers at bay, suggested a recent ASSOCHAM-PwC joint study.

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Monday, September 25, 2017

Economy needs to grow at 7 per cent in next three quarters: Dr C. Rangarajan

New Delhi, 22 September, 2017: To get 6.5 per cent for the year as a whole, the economy needs to grow at 7 per cent in the next three quarters, probably rate of growth will be around 6.5 per cent, said Dr C. Rangarajan, Former Chairman-Economic Advisory Council to the Prime Minister of India & Former Governor, RBI at an ASSOCHAM event held in New Delhi today.

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Friday, September 22, 2017

Pay for delays in clearances; ASSOCHAM to Govt on reviving mining and mineral sector

New Delhi, September 21, 2017: As senior ministers in the Prime Minister Narendra Modi’s government are looking for solutions to revive the economic growth, the ASSOCHAM has submitted an action plan for doubling the contribution of the mining sector to the national GDP and adding to the employment. The action plan includes compensation to the investors in case clearances are delayed.

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Thursday, September 21, 2017

Floods to dent Khariff output; rain shortfall in Karnataka, Kerala adding to woes: ASSOCHAM

New Delhi, September 20, 2017: The flood fury in Assam, West Bengal, Bihar, Gujarat, Rajasthan, Uttar Pradesh alongside shortfalls in rains in southern states would significantly dent the khariff output with three major foodgrains expected to give a lower harvest of 129.5 million tonnes this year against 138.5 million tonnes in the same season of 2016-17, an ASSOCHAM study has cautioned.

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Wednesday, September 20, 2017

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