The Associated Chambers of Commerce & Industry of India

"The Knowledge Chamber: Serving the Nation since 1920"

Press Releases

UBI may be launch as a pilot says Finance Minister

Extoling virtues of the Universal Basic Income, Finance Minister Mr Arun Jaitley today said at ASSOCHAM event at least one state is willing to take a plunge and launch a pilot on the scheme, proposed by the Economic Survey.

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Thursday, February 09, 2017

Air India’s balance sheet to be restructured & debt reduced: Jayant Sinha

Air India’s balance sheet has to be restructured and debt reduced as part of the transformation of the national carrier, Minister of State for Civil Aviation, Mr Jayant Sinha said at an ASSOCHAM event held in New Delhi today.

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Thursday, February 09, 2017

ASSOCHAM concerned over RBI leaving “accommodative” stance on interest rates

Expressing disappointment over belying of expectations on the interest rate cut by the Reserve Bank of India, the ASSOCHAM today said what is more worrying is the RBI putting an end to the “accommodative” stance in the wake of the impact of demonetization.

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Wednesday, February 08, 2017

ASSOCHAM seeks fine prints of electoral bond scheme

ASSOCHAM today said the fine prints of the electoral bond scheme for donations to the political parties by businesses and wealthy individuals should aim at maximising clean-up of the system and transparency in political funding.

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Tuesday, February 07, 2017

ASSOCHAM seeks RBI nudge to banks for full transmission of interest cuts, post- note ban

As the Monetary Policy Committee of the Reserve Bank of India meets on February 7 and 8 for next bi-monthly credit policy, apex industry body ASSOCHAM has impressed upon the central bank and the Finance Ministry to ensure adequate transmission of cuts in the interest rates even as the industry would seek at least 50 -75 basis point reduction in the benchmark lending rates, post demonetization.

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Sunday, February 05, 2017

MSME Ministry received 4.40 lakh applications from entrepreneurs for setting up new businesses: H.P. Chaudhary

The Union Ministry of Micro, Small and Medium Enterprises (MSMEs) has received 4.40 lakh applications from budding entrepreneurs seeking assistance from the Government for setting up business, Minister of State for MSME, Mr H.P. Chaudhary informed at an ASSOCHAM event held in New Delhi today.

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Thursday, February 02, 2017

Business like budget; high on reforms, rural demand & infra: ASSOCHAM

Apex industry body ASSOCHAM today congratulated Prime Minister, Mr Narendra Modi and Union Finance Minister, Mr Arun Jaitley for giving a truly workman and business-like Budget, with a great focus on rural economy, small and medium enterprises, small income tax payers and importantly bringing reforms in political funding.

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Wednesday, February 01, 2017

Survey right in emphasizing remonetisation; ending tax harassment: ASSOCHAM

As the first official assessment of the impact of the demonetization, the Economic Survey has rightly highlighted that the agriculture and informal sectors of the economy were impacted more by the note ban and thus, it would be only in the fitness of things if remonetisation is done expeditiously, said ASSOCHAM President Mr Sunil Kanoria.

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Tuesday, January 31, 2017

ASSOCHAM submits suggestions to political parties for inclusion in election manifesto

The Associated Chambers of Commerce and Industry of India (ASSOCHAM) today submitted its suggestions to various political parties in Goa for inclusion in their respective election manifesto.

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Monday, January 30, 2017

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