The Union Budget 2026-27, presented in Parliament by finance minister Nirmala Sitharaman on Sunday (marking yet another first), addresses India’s immediate economic priorities while maintaining a firm focus on the country’s long-term development objectives. In a period of global uncertainty and shifting economic priorities, the Budget balances growth with fiscal…
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Sustained Growth as A Key ‘Kartavya’
Over the past decade, the government’s policy actions have enabled the economy to combine stability with sustained growth of around 7%, moderate inflation and a steady path of fiscal consolidation. Nonetheless, even amid the ‘Goldilocks’ phase that India is currently enjoying, the risks emanating from weakening multilateralism, fragmented trade, disrupted…
ADVANCING TAX CERTAINTY AND COMPETITIVENESS: A REFORM AGENDA FOR INDIA’S NEXT PHASE OF GROWTH
As India prepares for the Union Budget 2026–27, the moment calls for a decisive shift from incremental tax changes to deep, structural reforms in tax administration. In an increasingly competitive global environment, a predictable, efficient, and non adversarial tax regime is no longer merely an enabler of compliance; it is…
Enabling India to Lead the Circular Transformation
India is steadily emerging as a leader in the global circular economy discourse by integrating circularity into its growth strategy. With expanding industries and a growing population, India recognizes the importance of waste minimization, resource efficiency, and the promotion of recycling to ensure long-term environmental and economic resilience. Anchored in…
Our pitch at Davos amid global flux: Reliable India is a safe bet
At a time when the world appears increasingly fragmented, anxious and unsure of its economic direction, India’s presence at the World Economic Forum Annual Meeting 2026 in Davos carried a significance far beyond symbolism. As leaders and investors reshape supply chains for resilience and diversify trade links, they are directing…
India at Davos: From presence to partnership
Davos often makes its presence felt through snowfall that reshapes both the landscape and the mood. This year, the mountains stand unchanged. With no fresh snow to soften the streets or blur the outlines, the World Economic Forum Annual Meeting 2026 has taken place under clear skies, reflecting conversations that…
New Ideas & Innovations for Women’s Health in India
Women constitute the bedrock of India’s social and economic progress. As such, addressing their health issues is not only an ethical responsibility, but a strategic necessity for equitable development and national resilience. Over the past decade, policy measures by the government such as PM-JAY, Pradhan Mantri Matru Vandana Yojana (PMMVY),…
CII CRDMO Task Force: Building India’s CRDMO Supremacy Through Collaborative Excellence
Context and Industry Overview The Confederation of Indian Industry (CII) National Committee on Pharmaceuticals and Biotechnology plays a pivotal role in shaping India’s healthcare and life sciences landscape. The CII National Committees have been at the forefront of shaping India’s policy landscape and fostering an enabling ecosystem for the growth…
Growth agenda for 2026: Seven focal areas of action that could sustain India’s momentum
As 2025 draws to a close, India finds itself in a position that few large economies can credibly claim. Among major economies, it remains the fastest growing, underpinned by stronger institutions, improving credibility and a clear national direction. Economic performance exceeded expectations across fronts. Domestic demand was resilient, supported by…
US deal alone insufficient to secure India’s long-term trade, export growth
While valuable, a free trade agreement (FTA) with the US in itself will not be enough to secure India’s long-term trade and export growth, according to Chandrajit Banerjee, Director General of the Confederation of Indian Industry (CII). Having concluded agreements with UK, New Zealand, and Oman in 2025, Banerjee said…