Press Releases

India loses 4% of GDP to mal-nutrition; ASSOCHAM-EY Paper to FM Jaitley in run up to Budget

Sunday, 21 January, 2018

New Delhi, January 20, 2018: As Finance Minister Mr Arun Jaitley is busy giving final touches to the Union Budget for 2018-19, an ASSOCHAM-EY joint paper has said that nearly 4 per cent of India’s GDP is estimated to have been lost due to mal-nutrition and certainly women and children deserve a better deal in expenditure outlay, since the country hosts 50 per cent of under-nourished children of the world and women and girl children fall last in the household food serving.

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Rs. 1100 crores relief to workers through conciliation efforts: Chief Labour Commissioner

Friday, 19 January, 2018

New Delhi, January 19, 2018: In this current year (upto December), a record amount of relief of Rs. 1100 crores given to workers through our conciliation efforts avoiding litigation in courts, said Chief Labour Commissioner (Central), Mr. Anil Kumar Nayak at an ASSOCHAM event held in New Delhi today.

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Govt. mulls PPP model to detect cancer centers: Ashwini Kumar Choubey, MoS, Health & Family Welfare

Thursday, 18 January, 2018

New Delhi, January 18, 2018: The government is mulling public-private partnership (PPP) model cancer detection centers with Tata Trust in states like Bihar, Jharkhand and Chattisgarh in order to reach out to a larger population, said Mr Ashwini Kumar Choubey, Minister of State for Health & Family Welfare at an ASSOCHAM event held in New Delhi today.

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ASSOCHAM seeks higher outlay for education in Budget

Wednesday, 17 January, 2018

New Delhi, January 17, 2018: Seeking enhanced outlay for education in the coming Budget, the ASSOCHAM has sent a communication to the Finance Minister Mr Arun Jaitley, also making out a case for relief to higher education under Goods and Services Tax (GST).

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Union Budget 2018-19: ASSOCHAM seeks 10% customs duty on pulp imports

Tuesday, 16 January, 2018

New Delhi, 16th January 2018: Apex industry body ASSOCHAM has urged the Centre to impose 10 per cent customs duty on import of hardwood chemical pulp and bleached chemi-thermo mechanical pulp (BCTMP) to encourage domestic pulp production, provide fillip to job creation and promote overall economic development of India’s vast rural hinterland housing pulpwood plantations.

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Corporate Wellness can save India Inc revenue to US$ 20 bln: ASSOCHAM

Monday, 15 January, 2018

New Delhi, January 15, 2018: Adoption of Corporate wellness program can save India Inc. income up to US$ 20 billion by 2018 through a reduction in absenteeism rate by 1.00 percent and at the same time improve chronic and lifestyle diseases of corporates and employees, according to the Associated Chambers of Commerce and Industry of India (ASSOCHAM) latest paper.

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Stocks may witness global, domestic headwinds in 2018: ASSOCHAM study

Sunday, 14 January, 2018

New Delhi, January 13, 2018: The year 2017 may have gone as the golden period for Indian stock market, in sync with the major economies of the world, global headwinds like tightening of monetary stance by major central banks and increasing crude oil prices , coupled with domestic concerns like firming inflation could halt the underlying bull run in 2018 and bring in lot more volatility going forward, an ASSOCHAM Paper has indicated.

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Urgent need to devise policy framework to address export finance issues: Commerce secretary

Friday, 12 January, 2018

Mumbai, 12th January 2018: Expressing concerns over India’s institutional frameworks currently not being geared to recognise risks of overseas markets, Commerce Secretary, Ms Rita A. Teaotia today said that there is a pressing need for India to devise the kind of policy framework needed to address issues of finance to exports.

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Government examining various aspects of virtual currencies: Mr Anadee Nath Mishra, additional secretary

Thursday, 11 January, 2018

New Delhi, January 11, 2018: The committee appointed by the government last year to examine issues related to cryptocurrency has submitted its report and examining pros and cons including launching of its own crypto currency, said a top legal affair ministry official said at an ASSOCHAM event held in New Delhi today.

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Abolish Income Tax, raise banks’ rates to 9%, says Dr Subramanian Swamy at ASSOCHAM meet

Wednesday, 10 January, 2018

New Delhi, January 10, 2018: Domestic savings and not foreign investment can take Indian economy on a 10 per cent growth path, for which Income Tax must be abolished and interest rates on Fixed Deposits be raised to nine per cent along with the reduction in the banks' Prime Lending Rates (PLR), senior BJP leader and Member of Parliament (MP), Dr Subramanian Swamy said at an ASSOCHAM function in New Delhi today.

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