The Associated Chambers of Commerce & Industry of India
"The Knowledge Chamber: Serving the Nation since 1920"

Press Releases

Indian textile & Handicrafts industry is the largest employment generator after agri: Ajay Tamta

New Delhi, November 8, 2017: The minister of state for textiles Ajay Tamta categorically stated the textile & handicrafts sector is economically important from the point of low capital investment, high ratio of value addition, and high potential for export and foreign exchange earnings for the country said at an ASSOCHAM event held in New Delhi today.

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Wednesday, November 08, 2017

ASSOCHAM seeks relief for exporters on GST issues

New Delhi, November 7, 2017: ASSOCHAM has suggested examining the impact of the Goods and Services Tax (GST) on exports and impressing upon the GST Council and the government to help exporters receive their tax refunds without any further delay, besides easing rules for the GST administration on exports to maintain the growth momentum.

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Tuesday, November 07, 2017

25 lakhs workers jobless due to furnace oil ban in NCR: ASSOCHAM

New Delhi, November 6, 2017: ASSOCHAM has advocated giving adequate time to the industrial consumers to migrate from the furnace oil and pet coke to gas-based to save the livelihood of over 25 Lakhs workers in the national capital region (NCR).

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Monday, November 06, 2017

Government exploring options to produce capital; design of recapitalisation process is critical: Dr Y.V. Reddy

New Delhi, November 3, 2017: The government’s responsibility to produce the capital and the government of India is exploring more options to produce capital, the design of recapitalisation process is critical, Former Governor, Reserve Bank of India, Dr Y.V. Reddy said at an ASSOCHAM event held in New Delhi today.

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Friday, November 03, 2017

Streamlining taxation & proper implementation of incentive system will help India break into top 50 in World Bank ease of doing business rankings: Minister

New Delhi, November 2, 2017: Steps like streamlining taxation together with proper implementation of incentive system together with healthy competition among states to attract domestic and global investors will help India achieve the target of breaking into top 50 in the World Bank’s Ease of Doing Business Rankings, Union Minister of State for Commerce and Industry, C.R. Chaudhary said at an ASSOCHAM event held in New Delhi today.

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Thursday, November 02, 2017

Govt. developing system to ensure Bharatmala project does not get hampered due to lack of working capital: NHAI Official

New Delhi, November 1, 2017: Conceding that government is facing bottlenecks like dearth of working capital availability for its ambitious Bharatmala scheme, the National Highways Authority of India (NHAI) is working on a system to ensure that project execution is not hampered, a top official said at an ASSOCHAM event held in New Delhi today.

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Wednesday, November 01, 2017

India has largest number of malnourished children in the world; 50% children in India undernourished: study

New Delhi, November 1, 2017: Over the decade, there has been an overall reduction in the infant mortality rates and under-five mortality rate in India, yet the country is housing about 50% of undernourished children of the world, reveals the joint study undertaken by ASSOCHAM–EY.

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Wednesday, November 01, 2017

Festive demand leads to 4% dip in vegetable supplies; wholesale/retail prices shoot up: Analysis

Lucknow, October 31, 2017: While supply of vegetables across India declined by about four per cent, their average price rose by over 12 per cent and by about nine per cent at wholesale and retail markets in October owing to rise in festive demand, noted an ASSOCHAM analysis.

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Tuesday, October 31, 2017

India’s grooming and cosmetic market to touch $35 billion by 2035: study

New Delhi, October 30, 2017: The market size of India’s beauty cosmetics and grooming is expected to touch $35 billion by 2035 from the current level of $6.5 billion says the joint study undertaken by ASSOCHAM–

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Monday, October 30, 2017

PSU banks in sweet spots; market mop up can well exceed Rs 58K crore: ASSOCHAM

If the change of perception for PSU banks, post the mega capital infusion scheme is any indication, dilution of government equity, up to 52 per cent in the state-owned lenders can fetch valuation much higher than the estimated potential of Rs 58,000 crore as provided in the Rs 2,11,000 crore re-capitalisation plan, an ASSOCHAM report has said.

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Sunday, October 29, 2017

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