03 May 2023 In an uncertain global business environment, India has been proactively engaging with the world for new economic opportunities. This is an opportune moment to deepen engagement with two long-time collaborators and close partners—Italy and France—with whom India shares historical ties and many mutual interests. Both Italy and…
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India’s G20 Presidency and Economic Growth
19 Apr 2023 Twenty-twenty three is a momentous year for India. The G20 presidency, of course, serves as a diplomatic exercise to reinforce relations with old partners, explore new ones, and enhance the incumbent nation’s image and might on the global stage. It also presents an opportunity for India to represent…
Energy, Climate Change and Resource Efficiency
31 Mar 2023 The foundation for sustainable economic growth relies on four determinants: people, natural resources, capital, and technology. Over the years, this foundation has been instrumental in uplifting billions of people out of poverty, particularly in the G20 countries. However, to sustain this progress, it is essential to build…
Inclusive GVCs for Resilient Global Trade and Investment
28 Mar 2023 Global Value Chains (GVCs) have played a crucial role in securing the development of the world economy since intermediate commodities, services and capital goods account for more than 70% of international trade. As a result, GVCs have given nations a way to industrialize at a much earlier…
Recognising Opportunities for Women-led Development
27 Mar 2023 India is a young society. Adolescents in India are a growing demographic, constituting the demographic dividend that is a great asset for India. This segment of youth has become much better educated than the previous generation of adolescents—a remarkable achievement—especially because it took place with gender parity.…
India’s Digital Footprint- Inclusion & Diversity
20 Mar 2023 India has set an example for the rest of the world by demonstrating extraordinary growth in digital infrastructure in a very short amount of time. India as an up-and-coming digital economy must ensure that the advantages of digital transition benefit the society at large. This necessitates a…
Indian Carbon Credit Market
09 Feb 2023 The challenges of climate change has prompted world’s economies to recognise the importance of limiting carbon emissions and managing them in such a way that ecologically friendly ways result in a balancing of overall emissions and the globe moves towards a net zero of carbon emissions. The…
Budget 2023-24 Expectation: Increase Capital Expenditure Outlay by 35% to Boost Economy
31 Jan 2023 The Union Budget 2023-24 is being presented at a time when India is considered a beacon of hope amid a turbulent global economy. The 7 per cent expansion in the gross domestic product (GDP) estimated in FY’23, as per the first Advance Estimates, synchronizes well with market…
CII’s Pre Budget Recommendations
24 Jan 2023 The Finance Minister Ms Nirmala Sitharaman will be presenting her fifth Union Budget on 1st February. She has displayed a keen understanding of the macroeconomic backdrop, crafting her Budgets in line with the requirements of the economy. In particular, her mini-Budgets announced during the pandemic have been…
India Needs ‘Growth’ Budget as Global Risks Get Amplified
17 Jan 2023 The forthcoming Union Budget, to be presented in Parliament by finance minister Nirmala Sitharaman on February 1, will be the first real post-Covid Budget and the last full-year Budget before the general election is announced. The macroeconomic backdrop is a challenging one, where domestic demand drivers are…