06 Jun 2019 As the National Democratic Alliance was re-elected for a second term with a sweeping majority, it is time for the new Government to action a long-term reform agenda. The Government introduced some major reforms during the past few years, such as the landmark Goods and Services Tax,…
Browsing CategoryDG’s Journal
World Environment Day 2019: Industry Efforts for Sustainable Development
04 Jun 2019 World Environment Day is celebrated every year on 5 June and it is the United Nation’s main channel for creating awareness and joint action to protect Mother Earth. This year, the focus is on air pollution, which is a matter of grave concern for all. Approximately 7…
Competitiveness of India Inc: India@75 – Forging Ahead
03 Jun 2019 Development as a whole – whether societal or industrial – has always been at the forefront of everything that we do at CII. In 2007, we began work on India@75 for achieving the common vision of an inclusively developed India by 2022 that would be characterized by…
India Must Leverage US-India Ties to Expand its Own Trade Profile
30 May 2019 The current pattern of international trade, which over the past few decades has coalesced around the concept of global value chains (GVCs), is under strain. Changes in technology and increased costs in key manufacturing nations, such as China, are leading to a pull-back from dispersed and specialised…
State Level Reforms Critical for Growth
24 May 2019 Over the last few years, Central and State Governments have undertaken a slew of reforms to boost investments and growth. Key challenges for India are sustaining the high growth rates, alleviating poverty and ensuring balanced growth. As India enjoys a federal government system with many areas such…
Corporate Governance: Adopting the Golden Rules
14 May 2019 As corporates expand their global footprint and seek foreign investments and markets, safeguarding the interests of different stakeholders becomes critically important. To build and sustain investor confidence, corporates need to have transparent and good governance practices in place because mismanagement and false projection can cause immense financial…
Participating in Electronics GVC
09 May 2019 India’s expanding income levels have translated into a growing trade deficit, with imports of electronic products as a key component—electronics imports (under HS code 85) grew to $48.3 billion in 2017-18 (10% of total imports), jumping $10 billion over the previous year and at third rank in…
New Income Tax Act Should Aim at Competitiveness of Indian Industry
29 Apr 2019 In a rapidly transforming global economic environment, the role of the tax structure of economies has gained heightened relevance. Across the world, from advanced economies to emerging ones, tax rates for companies are being slashed to enable sharper competitive advantage. India has also taken note of these developments.…
The Lion Conquers the Forest: Achieving a USD 1 Trillion Manufacturing Economy
25 Apr 2019 Recently, CII partnered with the Government to work on the target of creating a USD 1 trillion manufacturing economy by 2025-26. We brought out a report ‘The Lion Conquers the Forest, India: A USD 1 Trillion Manufacturing Economy’ which looked at how India could become a leading…
People-friendly Budget strikes the right note
11 Mar 2019 The interim finance minister has presented a coherent, purposeful and balanced Budget which is fully aligned towards meeting the social and economic goalposts envisioned for the country. It strives to address the key socio-economic challenges even as it tries to maintain fiscal discipline and strengthen the momentum…