28 Jan 2021 The Budget 2021-22 is being announced under the lingering shadow of the pandemic which has caused economic activity to sink to an unprecedented trough. This has made it difficult for tax collections to cope with the Budgeted number which in turn has limited our fiscal space. No…
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Union Budget to Focus on Tax Stability and Simplification
27 Jan 2021 The prompt and decisive relief and reform measures announced by the Government during the past year to manage the impact of Covid-19 pandemic on the industry and overall economy are laudable. The recent improved figures in agricultural production, manufacturing and consumption have boosted industry confidence and there…
Sharing the mission: Indian industry has a critical role to play in Covid vaccination programme
26 Jan 2021 The government has made massive efforts in strategising for a mega vaccination programme. Indian industry, which has been a partner in the mission since the beginning of the COVID-19 crisis, is now gearing itself to participate in this critical endeavour. Since the start of the lockdown, companies have re-engineered…
Reviving growth: Government needs to do a fine balance in Budget on Feb. 1
25 Jan 2021 With economic activity resuming and the vaccine becoming a reality, the challenge of lives versus livelihoods is largely addressed. The next big challenge facing the government is getting growth back. The government has been fiscally prudent in its Covid interventions, with support to industry coming in the…
Strengthening the Foundation: Early Childhood Education
25 Jan 2021 Education is the most powerful weapon which you can use to change the world. – Nelson Mandela A good education is the key to progress, both at the individual and social level. India adopted the 2030 Agenda for Sustainable Development, wherein Goal 4 is to ensure “inclusive and…
Budget 2021: Make it inclusive and substantive
22 Jan 2021 Budget 2021 is being presented under exceptional conditions. This is borne out from the advance estimates that show India’s GDP growth to contract by 7.7% in 2020-21, the worst in four decades. The reverberations of this are being felt on lives, livelihood and growth. GoI has been quick…
Sambhav – Enabling Possibilities
21 Jan 2021 The Confederation of Indian Industry launched the India Business and Disability Network last year to further the cause of inclusion, especially amongst corporates. Launched in partnership with the Employers’ Federation of India (EFI) and ILO – CII Global Business and Disability Network (CII IBDN) is a platform…
Focus Areas for Union Budget 2021-22
20 Jan 2021 The year 2020 will not be easily forgotten as the year that reset all aspects of our lives. The pandemic affected the most important parameters of existence, namely healthcare and the economy. The GDP contracted by 15.7% during April-September 2020, the worst in recent history. In this…
Rebuilding Lives – Disaster Relief and Rehabilitation
19 Jan 2021 January 19 is celebrated as the National Disaster Response Force Raising Day. The National Disaster Response Force (NDRF) was constituted in 2006, a year after the enactment of the Disaster Management Act of 2005. The Act was a result of the strongly felt need for a disaster management…
CII Task Force on COVID Vaccine
18 Jan 2021 India began the world’s biggest vaccination drive on January 16, 2020. The target is to inoculate 30 crore people viz. healthcare workers, frontline workers, people above 50 years of age, and people with comorbidities in the first phase. Indian industry has been closely involved with the mission…