Press Releases

RBI policy: Innovative move to boost growth; help stressed sectors, sans policy rate cut, says ASSOCHAM Secretary General

Thursday, 06 February, 2020

New Delhi, February 6, 2020: The RBI Credit Policy has given a boost to critical sectors such as automobiles, housing and MSMEs, besides infusing additional liquidity of Rs one lakh crore in the banking system. This is expected to reduce lending rates even though the policy rates have been left unchanged at 5.15 per cent, ASSOCHAM Secretary General, Mr Deepak Sood has said.

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Government committed to Faceless Tax Assessment to build trust between the tax administrator and tax payer: Shri PC Mody, Chairman, CBDT

Tuesday, 04 February, 2020

New Delhi, 4 February, 2020: Our focus was on promoting voluntary tax compliance, facilitate the compliant tax payer and go after the delinquent ones, said Shri PC Mody, Chairman, Central Board of Direct Taxes (CBDT) while talking about the thought process that went in drafting Budget 2020 at the ASSOCHAM’s Post Budget Conference to analyse tax related proposals.

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Budget gives farm, infra push to growth: ASSOCHAM

Saturday, 01 February, 2020

New Delhi, February 1, 2020: Describing the Union Budget for 2020-21 as Finance Minister Mrs Nirmala Sitharaman's prudent approach to revive growth, ASSOCHAM today said it is focussed on rural spend along with investment on infrastructure like roads, ports and railways.

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Indian and Brazil share common future, stronger ties will help us achieve all our goals: Mr. Jair Bolsonaro, President, Brazil

Monday, 27 January, 2020

New Delhi, 27, January 2020: “I am extremely proud to be in India and delighted with my successful meeting with Prime Minister Shri Narendra Modi. Both India and Brazil share a common future and I am confident that together we will achieve all our goals in the years to come with a stronger India-Brazil relationship,” said Mr Jair Bolsonaro, President of Federative Republic of Brazil at the India-Brazil Business Forum (IBBF) organized by ASSOCHAM here today.

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Govt following enterprise ecosystem development approach to enhance MSMEs’ competitiveness: Ram Mohan Mishra, special secy & development commissioner, M/o MSMEs

Friday, 24 January, 2020

New Delhi, 24th January 2020: With a view to enhance competitiveness of MSMEs, the government is following enterprise ecosystem development approach thereby investing in seven things together viz. facilitating human capital development, knowledge services, helping access to finance, technology, infrastructure, market access and governance, a top MSME Ministry official said at an ASSOCHAM event held in New Delhi today.

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Government taking the issue of sustainable development seriously and working on river projects and other programmes at a fast pace: Jalshakti Minister Shri Rattan Lal Kataria

Thursday, 23 January, 2020

New Delhi, 23, January 2020: The government is putting much emphasis on sustaining our nature and our rivers as well as on other steps as we pass through challenges of climate change, said Shri Rattan Lal Kataria, Minister of State, Ministry of Jalshakti at GEM International Sustainability Conclave & Expo 2020 organised by ASSOCHAM in New Delhi today.

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India’s farm sector growth may reach 3.1% in current fiscal: NITI Aayog Member

Thursday, 16 January, 2020

New Delhi, 16th January 2020: India’s farm sector growth for the current fiscal is expected to remain higher at 3.1 per cent compared to 2.9 per cent in FY19, NITI Aayog Member, Prof Ramesh Chand said at an ASSOCHAM event held in New Delhi today.

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Outreach on economy, demand push to give big boost to growth: ASSOCHAM

Wednesday, 15 January, 2020

New Delhi, Jan. 15, 2020 – ASSOCHAM President Dr. Niranjan Hiranandani today said that concerted efforts by the Hon'ble Prime Minister Shri Narendra Modi himself in his outreach to wider sections of the industry and other key stakeholders, fiscal incentives and sustained public investment on infrastructure will lead to a spur in demand and will be big catalyst for reviving the growth momentum in the economy.

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Outreach on economy, demand push to give big boost to growth: ASSOCHAM

Wednesday, 15 January, 2020

New Delhi, Jan. 15, 2020 – ASSOCHAM President Dr. Niranjan Hiranandani today said that concerted efforts by the Hon'ble Prime Minister Shri Narendra Modi himself in his outreach to wider sections of the industry and other key stakeholders, fiscal incentives and sustained public investment on infrastructure will lead to a spur in demand and will be big catalyst for reviving the growth momentum in the economy.

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Decision on opening of coal mining is progressive and a sign of continued reform: ASSOCHAM

Wednesday, 08 January, 2020

New Delhi, 08th January 2020: The decision to open up commercial mining for private sector is a major reform that can attract both domestic and foreign investment in the vital energy sector of the economy that will reduce India's dependence on imported coal, providing assured fuel supply to power generating firms and saving the country's foreign exchange bill, ASSOCHAM.

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