Browsing CategoryEconomy

06 Dec 2018 With the growing global attention towards ease of doing business, the government of India is working towards simplifying the intricate administrative processes aimed at promoting investment, generating employment opportunities and aiding overall economic development. A series of facilitative reforms have been introduced, mandating digitization of procedures, revising…

05 Dec 2018 CII’s India@75 initiative envisions an inclusively-developed India by the 75th year of national independence in 2022. The initiative brings together all stakeholders, including the Government, industry, institutions, community groups, and individuals, to translate this vision into a reality. The late Prof CK Prahalad is the inspiration behind…

15 Nov 2018 With Industry 4.0 becoming a reality, one of the reigning questions is whether many of the job roles, particularly in manufacturing industry will get altered, fundamentally changed or cease to exist. Well, the answer is a combination of all three aspects. As per CII Future of Jobs…

09 Oct 2018 The Modi government launched a Liveability Index last year, for 116 Indian cities to measure the quality of life. It was influenced by the international practice of rating cities on liveability.This is the first time the Government of India has undertaken the task of ranking cities using…

13 Aug 2018 India@75 is a pathbreaking initiative that was adopted by the Confederation of Indian Industry (CII) in 2008-09 with a view to building a new India, that is inclusive, sustainable and progressive by 2022, the year when India celebrates 75 years of Independence. India@75 looks at a collaborative…

31 Jul 2018 With India having a low level of formal skill attainments, it is important to make skill training aspirational. Confederation of Indian Industry (CII) has been engaged since long in helping workers take pride in their skills. One way of doing this is through skill competitions, and CII…

29 Jun 2018 The historic and transformational Goods and Services Tax (GST) completes one eventful year this week! One of the most significant reforms in the field of indirect taxes in India, the landmark GST was introduced on 1st of July 2017. Its objective was to harmonize the tax regime of…

01 Jun 2018 In a press release issued on 26 May, the Confederation of Indian Industry (CII) had stated that the Indian economy has benefited from key structural reforms over the last few years and a higher growth rate can be expected. The GDP growth data brought out by Central…

27 Mar 2018 As Financial Year 2017-18 (FY18) draws to a close, it is worth taking a look at India’s economic performance over what has been quite an interesting period. While the first quarter of the year saw the impact of demonetisation settling down, in the next quarter, introduction of…

29 Dec 2017 With the New Year bells ringing, good news is underway for India as its economy is poised to win back its tag of the fastest growing economy in the world. The recent upgrade of India’s rating by the US based credit rating agency Moody’s (Baa2 from Baa3)…