Press Releases

ASSOCHAM and BMR Legal Unveil report on “Equalisation Levy 2.0: India’s Digital Services Tax in the Making” calling for deferral of the levy

Tuesday, 07 July, 2020

New Delhi, 07th July 2020: The Associated Chambers of Commerce and Industry of India (ASSOCHAM), India’s leading and apex trade association, in association with BMR Legal released their report, “Equalisation Levy 2.0: India’s Digital Services Tax in the making”, in a webinar attended by government officials, tax experts and economists today.

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India should double down at least on 15 items of imports for Atma Nirbhar Bharat: ASSOCHAM

Sunday, 05 July, 2020

New Delhi, 04th July 2020: India must double down on ramping up domestic capacity in at least 15 of the country's largest import items outside the petroleum and crude oil, including electronics, coal, iron-steel and non-ferrous metals and vegetable oils to effectively achieve the objective of Atma Nirbhar Bharat in the medium term of 2-3 years, an ASSOCHAM analysis has noted.

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Medicine manufacturing 33 per cent cheaper in India than the US: Ambassador Sandhu

Saturday, 04 July, 2020

Indian drug manufacturers have a clear cost advantage as compared to their US counterpart as the cost of the drug manufacturing costs almost one-third lower here, stated India’s Ambassador to the US, H.E. Taranjit Singh Sandhu.

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Food security critical to fight pandemic; PM’s outreach laudable: ASSOCHAM

Tuesday, 30 June, 2020

New Delhi, 30th June 2020: Assuring food security to 80 crore people till November end, with a committed expenditure of Rs 1.50 lakh crore, Prime Minister Shri Narendra Modi has expanded his government's outreach to the vulnerable sections of the society who are braving the economic impact of the global health crisis, ASSOCHAM has said.

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“Skill development will be the backbone of Atmnirbhar Bharat and Garib Kalyan Rozgar Abhiyaan”: Dr Mahendra Nath Pandey

Monday, 29 June, 2020

New Delhi, 29th June 2020: Dr Mahendra Nath Pandey, Hon’ble Union Minister for Skill Development and Entrepreneurship, today said that skilling, up-skilling and re-skilling of the India’s workforce will play a crucial role in the success of the Government’s vision of Atmnirbhar Bharat and the recently launched Garib Kalyan Rozgar Abhiyaan, announced by the Hon’ble Prime Minister, Shri Narendra Modi.

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Implementation of Nat’l Mission on Quantum Technologies & Applications held up due to Covid-19 crisis: DST secretary

Saturday, 27 June, 2020

New Delhi, 27th June 2020: The implementation of government’s National Mission on Quantum Technologies & Applications (NM-QTA) getting delayed due to the Covid-19 pandemic even as the Department of Science and Technology (DST) looks for a sector expert to head the mission committee, a top official said in an ASSOCHAM webinar yesterday evening.

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India to strengthen cooperation with Germany in Global supply chains, AI & digitisation

Tuesday, 23 June, 2020

New Delhi, June 23, 2020: The longstanding and strategic India-Germany partnership is bound to evolve stronger in the changing geo-political environment, said Indian Envoy to Germany, H.E. Mrs.MuktaDuttaTomar, during ASSOCHAM’s webinar “India and Germany Partners in a changing Geopolitical Environment”. The webinar was part of ASSOCHAM’s Country webinars towards understanding the roadmap for further engagement with leading trade partners and coming up with recommendations, principles and engagement imperatives.

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MeitY working on making Aarogya Setu App accessible to persons with disabilities: Official

Monday, 22 June, 2020

New Delhi, 22nd June 2020: The Ministry of Electronics and Information Technology (MeitY) is working on making the Aarogya Setu App accessible to persons with disabilities (PwDs), a top official from Ministry of Social Justice and Empowerment aware of the development said in an ASSOCHAM webinar today.

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Industry completely devoid of Pricing Power even as labour costs set to go up: ASSOCHAM

Wednesday, 17 June, 2020

New Delhi, 17th June 2020: The Indian industry has been left completely devoid of ‘Pricing Power’ (PP) across a raft of sectors, struggling with a demand slowdown which only got accentuated by the public health crisis arising out of Covid-19, ASSOCHAM stated, cautioning the trend would likely persist for some more months.

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Major reforms in NHAI underway vis-à-vis decentralisation of work & division of power: Nitin Gadkari

Tuesday, 16 June, 2020

New Delhi, 16th June 2020: Major reforms in National Highways Authority of India (NHAI) are being undertaken in terms of decentralisation of work and division of power, informed Union Minister of Road Transport and Highways (MoRTH), Mr Nitin Gadkari in a ASSOCHAM webinar held today.

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