Press Releases

Fix GST rates for hydropower at par with wind and solar: ASSOCHAM plea

Thursday, 30 November, 2017

New Delhi, November 30, 2017: Apex industry body ASSOCHAM has urged the Centre to fix Goods and Services Tax (GST) rates for hydropower at par with wind and solar so that value added cost and tax are commensurate for all renewable power projects.

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Cyber security cos. must work more closely with CERT-In and NCIIPC to secure entire digital ecosystem: Dr Gulshan Rai

Wednesday, 29 November, 2017

New Delhi, November 29, 2017: Companies operating in cyber security solutions and services domain must work more closely with central organisations like Indian Computer Emergency Response Team (CERT-In) and National Critical Information Infrastructure Protection Centre (NCIIPC) to secure the entire digital ecosystem across India, National Cyber Security Coordinator under the Prime Minister's Office, Dr Gulshan Rai said at an event co-hosted by ASSOCHAM and Kaspersky in New Delhi today.

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GST reshaping FMCG logistics into modern business, says study

Tuesday, 28 November, 2017

New Delhi, November 28, 2017: Trade and industry may have faced teething troubles from the Goods and Services Tax (GST) but the entire business landscape of FMCG (fast moving consumer goods), retail and logistics is going to be transforming into modern and efficient model with introduction of uniform tax regime, says a joint study by ASSOCHAM-MRSS India.

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Centre working to include millets in school feeding programs & public distribution system: Agri secy.

Monday, 27 November, 2017

New Delhi, November 27, 2017: With a view to ensure that millets become a part of average Indian’s diet, the Government of India is trying to include it in school feeding programs, Union agriculture secretary Dr S.K. Patnaik said at an ASSOCHAM-Karnataka Government joint event held in New Delhi today.

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Looming inflation to dash interest rate cut prospects; says ASSOCHAM

Sunday, 26 November, 2017

New Delhi, November 25, 2017: As uncertainty and apprehension looms over crude oil prices and vegetables, mainly on the back of rising retail prices of onion and tomatoes, are disrupting the home makers’ budget, inflation would remain a key concern both for the RBI and the government dimming any hope of a cut in interest rates, the ASSOCHAM said today.

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ASSOCHAM seeks one-time solution for assured return on Private Equity investment

Friday, 24 November, 2017

New Delhi, November 24, 2017: Batting for one-time solution for the vexed issue of ‘assured return’ on Private Equity investment, the ASSOCHAM has written to Finance Minister Mr Arun Jaitley, urging a meeting between his officials and the global private equity funds so that investments worth several thousand crores of rupees stuck in litigation can be freed.

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Commerce ministry to prepare a proper business plan to promote exports: Suresh Prabhu

Thursday, 23 November, 2017

New Delhi, November 23, 2017: The Ministry of Commerce and Industry is in the process of preparing a proper business plan based on scientific market research to promote goods and services globally, said Union Minister for Commerce and Industry, Mr Suresh Prabhu said at an ASSOCHAM event held in New Delhi today.

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More states in process of notifying Centre’s guidelines to regulate direct selling industry: Minister

Wednesday, 22 November, 2017

New Delhi, November 22, 2017: More states are in the process of notifying model guidelines issued by the Centre to regulate direct selling industry, Union Minister of State for Consumer Affairs, Food and Public Distribution, Mr C.R. Chaudhary said at an ASSOCHAM event held in New Delhi today.

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Food processing - Product conformity with global quality standards and focus on logistics will help achieve targeted growth, says study

Tuesday, 21 November, 2017

New Delhi, November 21, 2017: While the $121 billion food processing industry in India presents an opportunity for growth, the sector needs to focus on product conformity with global standards and quality together with factors like logistics traceability and safety, quality of packaging and delivery, noted an ASSOCHAM-Grant Thornton joint study.

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Digital ad spending in India to cross Rs 13,000 crore mark by 2018: ASSOCHAM

Monday, 20 November, 2017

New Delhi, November 20, 2017: With the growing demand for smartphones and falling data prices are likely to increase digital advertising spend in India from the current level of Rs 9,800 crore to Rs 13,000 crore by December 2018 growing at a compound annual growth rate (CAGR) of 35 per cent, according to ASSOCHAM.

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