06 Aug 2019 This financial year (FY2019) saw the Government of India set an ambitious target to make India a $5 trillion economy within five years. The country will need to grow at around eight per cent annually to reach the target by 2024-25. Global growth slowed down considerably in…
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Infrastructure Spending Set to Grow
05 Aug 2019 Infrastructure development is considered a sine qua non for India becoming a US $ 5 trillion economy by 2025 given its multiplier effect across sectors such as steel, cement, auto, and real estate, among others. Investments in the infrastructure sector, however, have been growing at a slow…
CSR: Catalysing Change through India Inc
14 Jul 2019 Social engagement of Indian business is as old as the history of business itself. Ever since businessmen first started investing, they have sought to give back to society in different ways. In India, the concept of business philanthropy is deeply embedded in our classical texts. Corporate Social…
CSR 2.0 – The Innovative, Collaborative and Un-Conventional Route
13 Jul 2019 The economy is rapidly evolving and changing. Innovation has taken center stage; has become omnipresent; new models of partnerships are emerging; Governments are actively reaching out to engage with businesses to deliver solutions to development challenges. Yet, India houses over 15 million people living in extreme poverty,…
CII Post Budget Analysis
12 Jul 2019 The Union Budget presented on 5th July 2019 by the Finance Minister Smt. Nirmala Sitharaman introduced many measures to foster the growth and inclusive development to make India a USD 5-trillion economy by 2025. The Budget is pragmatic and forward looking and aims to achieve a fine balance…
Budget to take India on the path of inclusive growth
09 Jul 2019 The Union Budget 2019-20, the first Budget of the newly elected government, has been announced at a time when our macro-economic milieu continues to be domestically and globally challenging. The ongoing economic slowdown and the accompanying worries — sluggish industrial and manufacturing production, subdued consumption and tepid…
The focus on fiscal prudence is welcome
07 Jul 2019 The first Budget of the new government, slated for the remaining nine months of this fiscal year, had numerous challenges to address, both on the domestic front and the external front. With a tight adherence to fiscal prudence norms, Finance Minister Nirmala Sitharaman has taken firm steps…
INTERNATIONAL DAY of YOGA at CII
01 Jul 2019 21 June 2019 was celebrated as International Day of Yoga across the world with great enthusiasm. Public parks, community halls and other places alike witnesds groups of people gathered to practice Yoga. Shri Narendra Modi, Hon’ble Prime Minister of India, presented the idea of a Yoga Day.…
Re-cycling and E-waste in India
28 Jun 2019 Technology has become an integral part of our lives. It changes fast, and people are frequently upgrading their devices, be it their laptops or mobile phones. The discarded ones – which are no longer used because the item isn’t functional anymore or has become obsolete – is considered…
Ethics in the Era of Digitalization
12 Jun 2019 Digitalization is one of the global megatrends, and with the ever-growing adoption of digital technologies and digital applications, it has become almost omnipresent. An increasing number of corporates across sectors are in the midst of digital transformation, which is a crucial component of their business strategies. As…