21 Jul 2020 Every year, India adds about 12 million young people to its workforce. Creating one million jobs every month is not easy, especially when it is exacerbated by a skill mismatch, resulting in the unemployability of many who enter the job market. The sudden global outbreak of COVID-19…
Posts Written ByCII Team .
Strengthening SMEs in India While Combatting COVID-19
21 Jul 2020 COVID-19, which has gripped the entire world has not only created an unprecedented human health crisis but also a major disruption in economic activity. This can be validated by IMF’s projection that the global economy may shrink by over 3.0 per cent in 2020 – the steepest…
CESD: Spearheading Corporate Engagement in Sustainable Development
17 Jul 2020 Sustainability as a concept and practice is gaining wider acceptance today, both amongst people as well as enterprises. In 2005, Mr Y C Deveshwar, Chairman and Managing Director, ITC Ltd., who was the President of CII at the time, put forth the idea of a Centre of…
CII@125: The Merger and the Move to Delhi
16 Jul 2020 As socio-political changes swept across independent India, the two engineering associations redoubled their efforts for growth of the industry. The Indian Engineering Association (IEA) with its British origins was affiliated to the formidable Bengal Chamber of Commerce and through it to the Associated Chambers of Commerce and…
Revitalizing the Travel and Tourism Industry
14 Jul 2020 The tourism and hospitality industry contributes significantly to the Indian economy and accounts for 9.2% of the country’s GDP. It employs close to 8.1% of the population, with the total contribution to forex at approximately USD 28 billion. The significance of the industry to the nation’s economic…
Easing Doing Business for Cost Competitiveness
13 Jul 2020 Improving the ease of doing business is critically important to attract investors. According this high priority, the Central and state governments have introduced a slew of reforms across various areas. Consequently, India’s ranking in the World Bank’s Doing Business Report has been climbing – it was 142nd (out…
Use of Technology in the Justice System
12 Jul 2020 The COVID-19 pandemic has resulted in an unprecedented situation where social distancing in the new normal. Therefore, courts across the country are compelled to explore technology-driven solutions such as e-filings of pleadings before courts and conducting hearings before judges through video conferencing, minimising physical interaction as much…
Ease of doing business for AtmaNirbhar Bharat
10 Jul 2020 In the wake of Covid-19, the Central and state governments have accorded an unprecedented priority to improving the business environment in the country by driving reforms to facilitate ease of doing business. The country has jumped up to rank 63 from 142 in the World Bank Doing…
Does competition law apply during crises?
09 Jul 2020 The COVID-19 pandemic has disrupted businesses and the livelihoods of millions of people at a global level. Although global supply chains have been impacted, businesses are coming together to find solutions and ways to ensure uninterrupted supply of essentials. In these unprecedented times as companies come together…
Global Trends
08 Jul 2020 As the world continues to reel under the impact of the novel coronavirus, the global economic situation is getting worse by the day. The latest GDP data from the major economies reveals that the economic activity around the world has crumbled in the aftermath of the pandemic.…