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Press Releases Delay In Handing Over CWG Stadia For Security Checks Not A Concern For MoH - Maken Minister of State for Home Affairs, Mr. Ajay Maken on Monday asserted that even though stadia for CWG-2010 are yet to be handed over to it for necessary security clearances, its agencies will work day in & day out to make sure that stadiums’ security arrangements do not become an issue of embarrassment for the government. more... Exports Likely To Suffer By 10% In 2010-2011: ASSOCHAM The Associated Chambers of Commerce and Industry of India (ASSOCHAM) has predicted a shortfall of close to 10 per cent in exports target for current fiscal due to slowdown in exports growth rate, which fell from 36.2 per cent in April to 35.1 per cent in May, 30.4 in June and that of 13.2 per cent in July this year and the trend is unlikely to witness a u-turn. more... Confer ‘Industry Status’ On Logistics To Make Domestic Goods Competitive Overseas: ASSOCHAM-KPMG The Associated Chambers of Commerce and Industry of India (ASSOCHAM) and KPMG have jointly demanded conferment of ‘industry status’ on logistics industry as suggested move will bring down exorbitant logistics cost from current level of 14 per cent to 10 per cent of total value of goods produced in India in a bid to make its industry competitive. more... India To Become Largest Security Market By 2020: ASSOCHAM - KPMG The Associated Chambers of Commerce and Industry of India (ASSOCHAM) and KPMG have jointly predicted that India, along with Britain, Germany and France will emerge as largest players in global Homeland Security Market as opposed to present situation wherein US continues to be dominant player with about 34 per cent of global procurement in this field, according to KPMG and ASSOCHAM. more... PRFRDA To Shortly Link NPS With MNREAGA – ED, PFRDA Pension Fund Regulatory Development Authority (PFRDA) will shortly link ‘National Pension Scheme (NPS)’, with employment guarantee programme like ‘MNREGA (Mahatama Gandhi National Rural Employment Gurantee Act)’ to ensure that each of its beneficiary becomes entitled to pension facilites under NPS, says PFRDA, Executive Director, Mr. P.K. Tiwari. more... First Q GDP Growth On Expected Lines: ASSOCHAM President, Dr. Swati Piramal The GDP growth of 8.8% in the first quarter of current fiscal is on expected lines but the ASSOCHAM foresees pressures building on the growth rate since manufacturing has not being doing too good off late, says President ASSOCHAM Dr. Swati Piramal. more... Govt. To Appoint Aggregators To Bring In Rural Poor In Fold Of NPS: Bajaj Mr. Tarun Bajaj, Jt. Secretary, Pension Funds in Ministry of Finance on Tuesday disclosed that his ministry is working out to devise a mechanism to appoint aggregators across the country to bring in vast section of rural poor in fold of new pension scheme. more... Stop Insisting On Phds For Ad-Hoc Appointment In DU, Jamia & JNU – ASSOCHAM The Associated Chambers of Commerce and Industry of India (ASSOCHAM) has urged the University Grants Commission (UGC) to give up its insistence on having a Phd qualification and NET (National Eligibility Test) exam passed for appointment of ad-hoc lecturers in central universities like DU, Jamia Millia and JNU since a good number of such posts are lying vacant for want of qualified Phd holders. more... DTC An Initiative In Right Direction - ASSOCHAM President, Associated Chambers of Commerce and Industry of India (ASSOCHAM), Dr. Swati Piramal complimented UPA government for tabling the DTC bill in Parliament here on Monday, hoping that it would pave ways for equitable administration of direct taxes with all concerns of industry adequately addressed to. more... P&C Insurance Size Poised To Grow At Rs. 500 Billion By 2012-13: ASSOCHAM – McKINSEY The Associated Chambers of Commerce and Industry of India (ASSOCHAM) and McKinsey&Company have projected that the size of Property and Casualty insurance (P&C) industry would exceed Rs. 500 billion (US$ 11.2 billion) in total premiums by 2012-13 from current level of close to Rs. 370 billion (US$ 8 billion) in 2009-10. more... No Corporate Governance Issue In Vedanta – Salman Khurshid Minister for Corporate Affairs & Minority Affairs (I/C) on Friday categorically stated that there is no corporate governance issue involved in Vedanta as yet and that his job is to ensure that companies grow in India but not at the cost of environment and issues relating to common people. more... Govt. Will Shortly Ban Unsolicited Calls, Smses – Pilot The government will put a complete curb on unsolicited calls and SMSes to enable close to 68 crores of mobile subscribers breathe a sigh of relief as mobile operators and service providers have been asked to stop this unethical and illegal practice, disclosed Mr. Sachin Pilot, Minister of State for Communications & IT here on Friday. more... ASSOCHAM Opposes Forcible Land Acquisition, Seeks Adequate Compensation For Farmers With Stake In Equity The Associated Chambers of Commerce and Industry of India (ASSOCHAM) has opposed forcible acquisition of farmers’ land for both public good as well as setting up of manufacturing facilities for India Inc. without adequately compensating farming community and even making them a stakeholder in such ventures. more... Bring Down Customs Duty On Steam Coal At Zero - ASSOCHAM The Associated Chambers of Commerce and Industry of India (ASSOCHAM) has urged the government to bring down customs duty of 5 per cent on import of Steam Coal based power plants so that power generated out of such projects reach out to masses at affordable rates since power tariff in India are highest amongst in the world. more... Technological Imports Should Have Been Incentivised - ASSOCHAM President, Associated Chambers of Commerce and Industry, Dr. Swati Piramal welcomed policy pronouncements of ‘Annual Foreign Trade Policy’ saying that most of these are industry & user-friendly but it would have been more appropriate if technological imports could have been incentivised to make Indian exports competitive. more... |
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