Browsing CategoryEconomy

CII’s Call for Reforms in PSL Framework The Confederation of Indian Industry (CII) has proposed reforms in India’s Priority Sector Lending (PSL) framework and has asked for more Development Finance Institutions (DFI). The Importance of Priority Sector Lending Priority Sector Lending (PSL) is a vital policy tool in India, aimed…

India is one of the world’s fastest-growing economies, poised to become a developed nation with a GDP of USD 30 trillion by 2047. Urbanization is at the centre of this growth story, with cities playing a pivotal role in achieving the ambitious goal. The bustling metropolises, with their potential to…

The Business Outlook Survey by CII (Confederation of Indian Industries) is a quarterly update on the prevailing industry sentiments on multiple parameters, as well as a general outlook for the economy. Over the years, the report has come to become a vital resource in discussions surrounding the Indian economy. The…

CII Business Confidence Index Rises to a Two-Quarter High The Indian economy continues to show resilience despite global challenges. According to the latest findings from the Confederation of Indian Industry’s (CII) Business Confidence Survey, optimism within India Inc. remains high. The CII Business Confidence Index soared to a two-quarter high…

The Confederation of Indian Industry (CII) hosted the Financing Summit 3.0 from 2nd to 3rd September 2024, gathering industry leaders, government officials, and financial experts to discuss the future of India’s financial sector in the context of the nation’s ambitious vision for a ‘Viksit Bharat’ or Developed India by 2047.…

Finance is the fuel for growth, and as India aspires to achieve sustained levels of high growth, the financial sector must be adequately prepared to support this ambition. Innovative financial instruments, patient capital, and broad access to financial services down to the last mile are essential for financing this growth.…

India’s tax landscape has undergone a significant transformation with the introduction of the new income tax regime. The Union Budget 2024-25 has put emphasis on the adoption of the new income tax regime by incentivizing its adoption by taxpayers.   The changes included the new income tax slabs for FY…

The Prime Minister, Shri Narendra Modi addressed the inaugural session of ‘Journey Towards Viksit Bharat: A Post Union Budget 2024-25 Conference’ organized by the Confederation of Indian Industry (CII) at Vigyan Bhawan in New Delhi today. The conference presented the outline for the Government’s larger vision for growth and the…

Impact investing is a growing field in the investment landscape that seeks to generate not only financial returns but also measurable social and environmental benefits. This dual-purpose approach is transforming how investors think about their capital, moving beyond traditional philanthropy and socially responsible investing (SRI) to integrate deep, systemic change…

The Indian economy is poised for a remarkable growth trajectory in the fiscal year 2024-25, with the Confederation of Indian Industry (CII) projecting an impressive 8% growth rate. This optimism is rooted in the expectation that next-generation reforms will be carried forward in a mission-mode. The newly elected President of…