08 May 2020 With jobs intact, the spending capacity and demand will also remain intact. In addition, the government must boost spending on infrastructure and MGNREGA Usually economic growth drives job growth, as jobs and livelihoods are an outcome of economic activity. I believe that the Covid pandemic which has…
Posts Written ByCII Team .
Industrial districts, turn the key
06 May 2020 Confederation of Indian Industry (CII) poll of about 100 CEOs conducted on May 4 has revealed that most of them expect the economy to contract this year. As per an earlier poll, one-third of firms expect their revenues to contract more than 40% this year. Almost half…
Economic Revival amid COVID-19
04 May 2020 The humankind is currently witnessing the disastrous effect of COVID-19 on the socio-economic balance of the world. It has toppled economic growth and has risked the lives of millions. The tradeoff between the health of masses and industrial activities has been detrimental to the economy. While no…
Green Retail
04 May 2020 One of the major pillars of the Indian economy, the retail sector, accounted for 10 percent of the country’s GDP (Gross Domestic Product) and 8 percent of employment, before the Coronavirus outbreak. The entire world is moving towards a ‘greener’ way of work and retail is no…
Cyber Security in the Industry
01 May 2020 With an ever-expanding population of internet subscribers, India is one of the fastest-growing digitising economies in the world. While the digital revolution has opened a new set of opportunities for businesses, cyber threats have also increased, and become more sophisticated, with technological advancements. From viruses in the…
Select CII@125: The First Five CII@125: The First Five
30 Apr 2020 Around the last quarter of the 19th century, almost all regions of India had modern industry with firms engaged in cotton, coal, jute and tea. Sugar, shipping, and paper were some of the emerging industries. Engineering firms were also establishing themselves. Jessop and Company is perhaps the first…
Helping the Logistics Sector Create Value
29 Apr 2020 The CII Institute of Logistics, a CII Center of Excellence (CoE) in the logistics and supply chain management domain, uses a multi-pronged approach to help transform the logistics sector, and is working to enable the sector to add value to manufacturing, domestic trade and exports. The Institute,…
Projections for Growth in Covid-19 Times
25 Apr 2020 When the second phase of the lockdown ends on 3rd May, it will have been 40 days since the lockdown was announced. The economic cost continues to mount, although the lockdown has helped flatten the COVID-19 curve. With each passing day, the economic impact of the lockdown across…
CII Recommendations on Lockdown Exit
20 Apr 2020 The guidelines issued by the Government on relaxation of lockdown after 20th April within the parameters of safety precautions have brought relief to industry as well as workers and farmers. CII has suggested continued stringent lockdown in specified containment zones with rest of the identified hotspot districts to…
COVID-19 Calibrated Restarting of the Economy
18 Apr 2020 The lockdown in India starting March 25 brought almost all economic activity in India to a halt. A step necessary to save lives, it, however, put a question mark before the livelihoods for millions of Indians, especially those at the bottom of the pyramid such as migrant…