Press Releases

PM Modis Independence Day address sends a loud reform signal to investors; Infra spend way forward: ASSOCHAM

Saturday, 15 August, 2020

New Delhi, 15th August 2020: National Digital Health Mission, integrated infrastructure development with focus on multi-modal connectivity and building national strength in different sectors under the AatmaNirbhar Mission are messages with a great foresight, from the Address of the Prime Minister Mr Narendra Modi on India's Independence Day, said ASSOCHAM Secretary General Mr Deepak Sood.

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Have requested NCERT & state govts. for specific books on citizens’ duties and include related chapters in civics & political science textbooks: Secy, Department of Justice

Friday, 14 August, 2020

New Delhi, 14th August 2020: As part of its specific concerted initiatives to create awareness related to Citizens’ Duties, the Department of Justice, Ministry of Law and Justice has requested the National Council of Educational Research and Training (NCERT) as well as the state governments to come up with books on citizens' duties and to include chapters in the books of civics and political science with a special emphasis and focus on citizens' duties, a top official said at an ASSOCHAM-Department of Justice joint webinar today.

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Tech-driven, transparent tax governance great help for businesses in Covid-19 period: ASSOCHAM

Thursday, 13 August, 2020

New Delhi, 13th August 2020: In the run-up to the launch of the full-fledged 'Transparent Taxation' platform by Prime Minister, Mr Narendra Modi today, the faceless e-Assessment scheme by the Income Tax Department came in as a handy and effective tool for both the taxpayers and the tax authorities, as businesses look for technology-driven and transparent governance while battling the Covid-19 pandemic, the ASSOCHAM has said.

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Saturday, 08 August, 2020

New Delhi, 8 August 2020: The Associated Chambers of Commerce and Industry of India (ASSOCHAM), one of the apex trade associations of India concluded the second edition of the ‘Illness to Wellness’ series themed ‘Building immunity through nutritious food during COVID-19’ withDr. Shikha Sharma, founder and managing director of Dr.Shikha’s NutriHealth, being invited to be the cardinal speaker and Ms Sangeeta Narayan, nutrition educator and wellness consultant, acting as the moderator.

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ASSOCHAM applauds RBI for loan Restructuring Framework; expects liberal norms from K.V. Kamath Committee

Thursday, 06 August, 2020

New Delhi, 06th August 2020: Complementing the RBI for announcing a Restructuring Framework for the stressed loans, the ASSOCHAM today said it expects the K.V. Kamath Committee to come up with liberal financial parameters and benchmarks for loan revamp eligibility.

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Factoring and Discounting of Bills would help ease Industry’s liquidity issues

Wednesday, 05 August, 2020

Factoring and Discounting of Bills would help ease Industry’s liquidity issues

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RBI - MPC Meet: ASSOCHAM seeks across the board bank loan restructuring; says kicking the can argument sans merit

Tuesday, 04 August, 2020

New Delhi, 04th August 2020: As the Monetary Policy Committee of the Reserve Bank of India started its deliberations, the ASSOCHAM has made out a strong case before the MPC, to consider rescheduling of bank loans across the board without making it rigid and conditional.

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Industry must give ‘candid opinion’ for protecting small traders’ interests in new policies for industry, e-commerce & logistics to be announced shortly: Som Parkash

Friday, 31 July, 2020

New Delhi, 31st July 2020: With the Union Government in the process of making new industrial policy together with e-commerce and logistics policies, it is inviting ‘candid and frank opinion’ from the industry on how to protect the interests of 5-7 crore small traders and make Prime Minister’s clarion call for self-reliant India successful, minister of state for commerce and industry, Mr Som Parkash said in an ASSOCHAM virtual summit today.

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Regulatory architecture needed for progression of valuation profession: IBBI official

Thursday, 30 July, 2020

New Delhi, 30th July 2020: There is a need for uniform structure of qualification, entry norms, experience, some sort of model code of conduct, penal consequences, inspection, monitoring, regulation, development and others have to be there for the valuation profession to be accepted in the society and for them to place trust in the profession, a top official said at an ASSOCHAM event.

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Few takers for bank loans, credit deployment runs minus in most sectors; ASSOCHAM expects RBI - MPC to brainstorm

Tuesday, 28 July, 2020

New Delhi, 28th July 2020: Reeling under debt-ridden balance sheets and economic uncertainties in the face of Covid-19 crisis, the Indian industry is left with little appetite for anymore loans, with the result that most of bank deposits are either being parked with the RBI or used by the central bank to fund ever-increasing government borrowings, the ASSOCHAM has noted.

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