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…
Search Results For“industry”
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…
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…
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…
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…
The budget must tackle India’s prevailing economic uncertainty
14 Jan 2021 The numerous prompt and decisive relief and reform measures announced by the government in the recent past to manage the impact of the covid pandemic on Indian industry and the overall economy have led to a distinct turnaround in India’s growth trajectory. Improved trends in agricultural production,…
2021, A year that embodies hope
07 Jan 2021 The year of the virus has just ended and there is much reason for hope in 2021. Several vaccines are ready for use and the government is preparing for a massive rollout across the country. Economic activity, which had come to a standstill in the initial months…