Category Archives: ASSOCHAM

Allow FDI in multi-brand retail through PPP mode- ASSOCHAM

ASSOCHAM has reiterated for allowing foreign domestic investment (FDI) in retail industry and modernisation of wet market through public-private partnership (PPP) with adequate safeguard so that these new corporations do not become monopolistic and charge high price.

The Associated Chambers of Commerce and Industry of India (ASSOCHAM) allow opening… Read More

Free start-ups from taxation mesh: ASSOCHAM to Govt

In a big startup news update, the ASSOCHAM today sought a taxation friendly environment for the start-ups which should be freed from several restrictions on shareholding pattern, as the budding entrepreneurs stay in the fund infusion phase for the initial years of their business.

“Restriction prescribed  under Section 79 of Income Tax Act (IT Act) should… Read More

Time for Iran-India PTA as Iran-Pakistan pact becomes weaker

In a diplomacy news update, Pakistan which has a shallow Preferential Trade Agreement with Iran, India can seize a new opportunity by easing of sanctions by the western nations and sign a trade opening pact with the key West Asian nation which can fill up the demand gap for Indian exporters in several other economies , an ASSOCHAM paper has said.

Iran has preferential… Read More

TRAI to float second information paper in 15 days- Chairman TRAI

Amid rising concerns of call drops, the TRAI is floating second information paper within two weeks time clearly stipulating the factors and compensation that may be paid to the consumer by telecom, said its Chairman Mr R.S. Sharma at an ASSOCHAM event held in New Delhi today.
The Telecom Regulatory Authority of India (TRAI) is circulating another information… Read More

Dedicated central agency needed for co-ordination across states: ASSOCHAM

“Such a central agency will be responsible for driving all initiatives related to cybercrime prevention like collaboration with private sector, training cybersecurity professionals and spreading awareness across the country,” suggested the study titled ‘Strategic national measures to combat cybercrimes: Perspective & learnings for … Read More

ASSOCHAM urges central trade unions to call off the strike

Apex industry body ASSOCHAM today urged the central trade unions to call off their one-day nationwide strike as it is likely to seriously affect the functioning of various essential services like banking, power supply, oil & gas, transport, warehousing and other vital public services causing seismic effect on India’s economy.

“Financial impact… Read More

Can India bypass Pakistan for ‘Gas Pipeline Project’ with Iran ?

India must fully exploit the economic opportunities unfolding from lifting of western sanctions on Iran , bypassing Pakistan for import of natural gas as also enhancing merchandise trade through a Preferential Trade Agreement(PTA) with the key West Asian strategic nation, an ASSOCHAM study has said.

Lifting of western sanctions on Iran throws a great opportunity… Read More

UNDP to meet GoI next week to connect digital initiatives for promoting e-governance & e-education- UNDP country director

The United Nations Development Programme (UNDP) will next week hold a meeting with various Government of India departments like education, human resources, Digital India, Department of Personnel and Training (DoPT) and others in order to connect various digital initiatives for e-governance and e-education and how to further promote these efforts, its… Read More

PM wants dedicated freight corridors completed in time, four more lines planned Manoj Sinha, Railways Minister

Prime Minister Narendra Modi wants the two dedicated freight corridors, west and east, completed in time even as the government is planning for more such lines, said Mr. Manoj Sinha, Minister of State for Railways at an ASSOCHAM event here today at New Delhi.

Inaugurating an ASSOCHAM conference on “Dedicated Freight Corridors-Challenges and Opportunities-”… Read More

Delhi govt. to get coal block by September-October this year in Jharkhand/Odisha-Satyendra Jain

The Centre will provide Delhi government a coal block by September-October this year in any of the coal producing states of Jharkhand or Odisha, Delhi power minister, Mr Satyendra Jain said at an ASSOCHAM event held in New Delhi today.

“We will get our coal block around September or October and our ministry has planned that wherever we are given the coal block… Read More

Need for substantive representation of women on boards- Maneka Gandhi Minister for Women & Child Development

Need to have a substantive representation of women on the boards rather than a token representation through the family members said, Ms Maneka Sanjay Gandhi, Union Minister, Ministry of Women & Child Development

The ministry of corporate affairs and SEBI have mandated that companies must have at least women on their boards and it was observed that this… Read More