06 May 2020 Confederation of Indian Industry (CII) poll of about 100 CEOs conducted on May 4 has revealed that most of them expect the economy to contract this year. As per an earlier poll, one-third of firms expect their revenues to contract more than 40% this year. Almost half…
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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 and foreign trade: How to ensure Indian exports survive the churning and pick up steam
13 Apr 2020 The global spread of Covid-19 has brought about an unprecedented halt to activity in all major economies. WTO has forecast global trade volumes to drop sharply by 13-32%, which has not been seen before in the modern era. The situation is so fluid that most of us…
CII’s Suggested Economic Package for Restarting the Economy
11 Apr 2020 In the wake of the Covid-19 outbreak, that has had far reaching ramifications on the economy, the Confederation of Indian Industry (CII) has submitted its recommendations to the Government. These address many challenges that the economy is currently facing and would help in restarting the economy…
CII Actions to Combat Coronavirus
31 Mar 2020 The Coronavirus pandemic is wreaking havoc with people’s lives and livelihoods across the world. The number of affected people and casualties is close to 600,000 and 27,000 respectively as of 27th March. Entire countries and major cities are in lockdown to contain its further spread. India’s Government is…
CII Policy Recommendations for COVID-19
25 Mar 2020 Humankind is fighting a battle unforeseen in its existence. History is marred with massive pandemics, but the scale of devastation of the Coronavirus outbreak is unprecedented owing to the interconnected global market. In these trying times, the Confederation of Indian Industry (CII) stands firm with the nation,…
CII interventions to combat Coronavirus
22 Mar 2020 The world is currently passing through a challenging period due to the spread of Covid-19. The safety of people across the world is of paramount importance, while ensuring that the epidemic does not infect more and more with each passing day. For this, Hon Prime Minister has…
CII Recommendations on Enhancing Liquidity
21 Mar 2020 The recent outbreak of the Coronavirus (Covid-9) has caused unprecedented disruptions across the world, both at the national and international levels. It has adversely impacted business operations and economic activity across all sectors, while significantly disrupting global supply chains, thereby endangering expectations of a global recovery in…