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…
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‘FM will need to do a fine balancing act’
22 Dec 2020 The Finance Minister will be presenting the Union Budget for 2020-21 under extraordinary circumstances — with challenges brought on by an epoch-making year marked by the Covid-19 pandemic. The GDP figures have contracted for the first time in four decades, and livelihood is a serious concern. The…
Why small businesses need to embrace digital
18 Dec 2020 This year witnessed the worst global crisis of the new millennium, leaving the world gasping and forcing restructuring of the international economic order. The emergence of Covid-19 also affected the small businesses, or Micro, Small & Medium Enterprises (MSMEs), across the globe, forcing them to handle multiple…
The Partnership Summit 2020: 125th Year of CII
11 Dec 2020 According to Thomas Friedman’s analogy, the world after the event of the massive pandemic could be divided into eras viz. Before Corona (BC), During Corona (DC) and After Corona (AC). To overcome the effects of Covid on the economy, both at global and national levels, would require…
A Primer on Circular Economy
10 Dec 2020 The goal of a circular economy is threefold. Firstly, it aims to reduce wastage at any part of a product or material value chain. Secondly, it aims to preserve the product and material in its in-use phase for as long as possible. And finally, it prioritizes doing…
Race for Space: India set to shine
08 Dec 2020 The journey to space has traversed a long journey over the last seven decades. It began with the launch of the first artificial satellite (Sputnik) in 1957 and changed the course of human space exploration when the Apollo 11 crew reached the lunar surface. From the curiosity…
Partnership Summit 2020: Partnerships for Lives, Livelihood and Growth
04 Dec 2020 The Covid-19 pandemic caused extensive disruptions across the global economy and was unprecedented in its scale and reach. Apart from affecting millions of lives and livelihoods, the outbreak severely disrupted global supply chains, curtailing production and output levels. The International Monetary Funds (IMF’s) October 2020 World Economic…
India’s Liberalisation and the Transformation from CEI to CII
02 Dec 2020 India has been historically known for its large agriculture sector, with wide diversity of crops and produce. In the present times, the sector employs 50 percent of the total work force in agriculture and allied sector activities, according to the Periodic Labor Force Survey for 2018-19. The…
Production Linked Incentive Scheme: Boosting India’s global competitiveness
21 Nov 2020 The Union Cabinet on 11 November 2020, in a move to give a major boost to domestic manufacturing and exports, extended the existing Production Linked Incentive (PLI) Scheme to 10 more identified champion sectors. This is expected to bolster competitiveness, attract foreign players and encourage domestic employment…
Deepening Indo-US Trade and Investment Ties
17 Nov 2020 The elections in the United States of America in November resulted in Mr Joseph Biden being elected the 46th President, with Ms Kamala Harris elected as the Vice President. The Indo-US partnership enjoys wide support in the US and can expected to be taken forward with renewed…