04 Mar 2021 One of the many highlights of the Union Budget for 2021-22 was the bold resolve of the government to push for an aggressive privatization policy of public sector enterprises (PSEs), which would seek to unlock their potential to create wealth in India’s economy. In view of the…
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Budget boost for Science, Tech and Innovation
02 Mar 2021 Science, technology and innovation are the bedrock of a knowledge economy. The strides we have taken in these areas thus far have largely contributed to the success of the healthcare management during the Covid-19 pandemic. Taking cognizance of this, the Union Budget 2021-22 emphasised on strengthening the…
A ‘never before’ budget for ‘never before’ times
02 Feb 2021 Union budget 2021-22 will be a memorable one, being the first budget of the decade, the first digital budget and one coming after an economic contraction. Excellent articulation of the six pillars of health and well-being, infrastructure, inclusive growth, R&D and innovation, minimum government maximum governance and human…
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…
15th CII-ITC Sustainability Awards
13 Jan 2021 CII-ITC Centre of Excellence for Sustainable Development (CESD), nurtures companies with a view to enabling them to compete, expand opportunity and excel in the current dynamic business environments. With this objective, the Centre continues to campaign for the adoption of sustainable business practices by Indian companies. Instituted…
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…
Building Partnerships for a New World
30 Dec 2020 Even as the global race for COVID-19 vaccination has begun, the lasting impact of the pandemic is still being felt on countries around the world as the virus effected businesses, economies as well as trade between countries. For India, a robust recovery from the pandemic would need…
Enhancing MNCs’ Contribution to Indian Economy
25 Dec 2020 MNCs have been playing an important role in the economic growth and development of the country, leveraging on the improving ease of doing business and liberalised regulatory environment. The Government on its part has consistently focused on easing the policy and regulatory environment for MNCs in India.…
Rebuilding the Nation in the Post-pandemic World
24 Dec 2020 Confederation of Indian Industry embarked on its 125th year of operations which coincided with the deadliest pandemic that the world has faced in the last century. The role of the Indian industry evolved this year with the corporate sector innovating with products and processes, creating partnerships and…