08 Jun 2020 “First of all, congratulations to all of you for successfully completing 125 years! Congratulations! There must have been several milestones; you must have faced many ups and downs but running an organization for 125 years is a big thing in itself. I would like to congratulate all…
Browsing CategoryEconomy
CII Annual Session 2020: Getting Growth Back
01 Jun 2020 As the world grapples with the impact of the outbreak of Coronavirus which is devastating economies and lives across the globe, the world as we knew it seems to be fading into the distance. With lockdowns and restrictions on movement of goods and people, uncertainty and anxiety,…
Tax tweaks can spur economic revival
12 May 2020 With most economic activities in pause mode due to the Covid-19 contagion, businesses are expected to be hard-hit for at least a few quarters before operations return to normal. The humanitarian crisis is leading to huge demand disruption, which may persist and change habits overnight. The government…
De-stressing the Indian economy – Economic Stimulus Needed Urgently
11 May 2020 The world is grappling with the COVID-19 outbreak. The conundrum, however, has been safeguarding lives while ensuring economic balance. The manufacturing units, supply-value chains, MSMEs, the hospitality sector, and other critical sectors are struggling to find a strong ground to recuperate from the huge economic loss the…
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…
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…
Spatial and Sectoral Considerations required for Calibrated Opening Up
15 Apr 2020 A calibrated and safe exit from the lockdown, subject, of course, to considerations being given to the geographical spread of COVID in the country, would be a practical approach. This is an evolving situation and therefore, we should be open to alter our approach as we go…
Impact of Lockdown and COVID-19 on the Indian Economy
12 Apr 2020 The Novel Coronavirus (or COVID-19) pandemic is causing a significant impact on individual lives, businesses, and the economy. The Indian economy was already witnessing a slowdown in the last few quarters and the current pandemic is going to make the recovery even more difficult. To curb the…