The Associated Chambers of Commerce & Industry of India

"The Knowledge Chamber: Serving the Nation since 1920"

Press Releases

Govt. action plan on climate change; implement climate resilient technologies: Secretary, Ministry of Agriculture

The government is doing all efforts to make Indian Agriculture climate resilient but considering the challenges, there is still lot more to be done in terms of scale of implementation and adoption more climate resilient technologies, said Mr Shobhana K. Pattanayak, Secretary, Ministry of Agriculture & Farmers Welfare at an ASSOCHAM event held in New Delhi today.

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Wednesday, April 13, 2016

GST will settle issues regarding double taxation of software: Commissioner of Service Tax

Introduction of goods and services tax (GST) will help settle the issue of double taxation on some transactions like in case of information technology software, a top Finance Ministry official said at an ASSOCHAM event held in New Delhi today.

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Wednesday, April 13, 2016

New Civil Aviation Policy to address issues of ‘opening up skies’ & ‘regional connectivity’ aggressively: Secretary, Tourism

New Tourism Policy to emphasise on promoting MICE tourism in India The new civil aviation policy of the union government which is quite on the cards, will address both the issues of opening up the skies and regional connectivity in a very aggressive and fulfilling manner, a top Tourism Ministry official said at an ASSOCHAM event held in New Delhi today.

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Tuesday, April 12, 2016

ASSOCHAM seeks government intervention for betterment of Jewellery industry

Industry body ASSOCHAM National Council on Gems & Jewellery said today we should form a gold council which would have representation from both the industries as well as government so that any new gold policy which is announced should be in consultation with the industry so there are no more conflicts.

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Tuesday, April 12, 2016

Industry loosing Rs 350 cr/day due to ambiguity over policy on graphic health warning on tobacco products: ASSOCHAM

Tobacco industry is facing losses worth over Rs 350 crore each day as cigarette makers have been forced to shut operations due to lack of clarity on proposed graphic health warnings on tobacco items and opened floodgates in terms of illegal imports to the extent of 90 per cent, apex industry body ASSOCHAM said today.

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Tuesday, April 12, 2016

ASSOCHAM Reaction: IIP for February 2016

Terming the February 2016 IIP numbers ‘encouraging,’ apex industry body ASSOCHAM said that it is pleased to see the positive industrial growth figures as industrial production had been in the negative territory for the last three months.

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Tuesday, April 12, 2016

Let Panama papers noise not drown out legal overseas transactions: ASSOCHAM

In the backdrop of screaming headlines on the ‘Panama Papers’ and some prominent Indian entities and individuals figuring among them, as much as $1.32 billion (about Rs 9,000 crore) was remitted out of India in a perfectly legal way under the RBI’s Liberalised Remittance Scheme (LRS), apex industry body ASSOCHAM stated today.

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Monday, April 11, 2016

ASSOCHAM asks banks not to get swayed away by shrill in Mallya case

Impressing upon the banks not to get swayed away by the shrill of public discourse against the purported willful defaulters, apex industry body ASSOCHAM today said that offer made by industrialist Mr Vijaya Mallya should be considered carefully before rejecting it, because his offer does convey his “intention” to repay the loans taken from the public sector lenders.

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Sunday, April 10, 2016

India`s spend on security could reach $1 bn by 2019: ASSOCHAM-Mahindra SSG study

Need to invest $4 bn in PPP mode to combat cyber crime India’s expenditure only on security could reach $1 billion (bn) by 2019 assuming if Centre spends even 10 per cent of its budget of $1 bn allocated for AMRUT (Atal Mission for Rejuvenation and Urban Transformation) and Smart Cities Mission, according to a recent ASSOCHAM-Mahindra SSG joint study.

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Friday, April 08, 2016

UP exceeds 11th FYP targets; establishes over 1.66 lakh MSMEs & generates over 8.5 lakh job opportunities: Study

During the 11th Five-Year Plan (2007-2012), Uttar Pradesh (UP) has managed to exceed its target by setting up over 1,800 additional micro, small and medium enterprises (MSMEs) and generating over two lakh additional jobs, noted a just-concluded study by apex industry body ASSOCHAM jointly with Thought Arbitrage Research Institute (TARI).

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Thursday, April 07, 2016

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