29 Jun 2018 The historic and transformational Goods and Services Tax (GST) completes one eventful year this week! One of the most significant reforms in the field of indirect taxes in India, the landmark GST was introduced on 1st of July 2017. Its objective was to harmonize the tax regime of…
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Access to Credit will Boost MSME Growth
22 Jun 2018 The Indian MSME sector has expanded substantially over the years and contributes significantly to India’s growth and employment. MSMEs contribute approximately 45% of India’s manufacturing output, 40% of the overall Indian exports and provide employment to around 117 million people. With a large presence of MSMEs in…
Ensuring a Sustainable Future: Industry Initiatives
04 Jun 2018 Today, the world faces significant challenges from a variety of environmental issues – climate change, energy efficiency, water use and conservation, biodiversity, and waste management, to name a few. Growing pressure on natural resources, increasing levels of carbon emissions and rising inequalities have the potential to impact…
CII Partnership Summit 2018 – Charting New India’s Global Integration Strategy
22 Feb 2018 India is projected to reach the size of a US$ 5 trillion economy by 2025 and is currently the third largest economy in terms of purchasing power parity. With this, India has become the centre stage of global attention and is expected to become a major driver of the global economy…
India-Russia Trade and Investment Relations
28 May 2017 Russia has been a long standing, significant partner of India and the relationship with Russia forms a cornerstone of India’s foreign policy. Russia has assisted India in major development projects such as the multipurpose dam at Bhakra Nangal, the steel plant at Bhilai and IIT Mumbai. India’s…
FinTech innovations to drive financial inclusion
21 May 2017 The traditional banking system is undergoing a much-needed digital transformation with changing customer requirements, the need to include the ‘financially excluded’ segment and simultaneous competition from incubators. As an emerging market, the huge untapped financially excluded market in India has space for all—legacy players and incubators—to grow,…
Indian economic developments
25 Apr 2017 In the view of most analysts, India’s leading position in economic growth pace is likely to continue for the next two-three decades and the country could overtake the US to become the world’s second largest economy in purchasing power parity terms by 2050. India has several key…
Accelerating the Growth of Start-ups Through a Business-friendly Economy
03 Apr 2017 Gone are the days when starting one’s own business was seen as a path to self-inflicted failure or so to say ’suicidal’. From being a business-skeptic society towards becoming a start-up driven economy, India has come a long way in terms of a paradigm shift in its…
India @ G20 : A Primer on Priorities
10 Mar 2017 Economic growth, industrialization, infrastructure and access to energy provide the foundations of development for any growing economy. Germany assumed the G20 Presidency on 1 December 2016. On 7 and 8 July 2017, the eyes of the world will turn to the G20 Summit in Hamburg, where the…
Towards a Growth-Oriented Budget
11 Jan 2017 The forthcoming Union Budget will be presented against the backdrop of heightened expectations that the government would unravel reform-centric policies and action plan which would rejuvenate our growth drivers and transform the economy. No doubt, the economy in general has done quite well in FY17 with a…