Category Archives: PHD

Premium Bus Service in Delhi to start on pilot basis from 1st june 2016

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Even though there has been high usage of the metro in the second phase of the odd and even programme, yet the bus transport has not been used to its full potential, said Mr. Gopal Rai,  Minister of Transport and Rural Development, Government of NCT of Delhi at the 2nd Smart Transportation Infra Summit & Expo organized by the PHD Chamber of Commerce and Industry… Read More

India and Bahamas trade to touch US$3 billion by 2020

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Amid slowdown in the world economy, India and Bahamas trade is projected to touch at US$3 billion by 2020, said Dr. Mahesh Gupta, President, PHD Chamber.

India has potential to export commodities including ships, boats, mineral fuels, articles, among others of iron and steel to Bahamas as these commodities are majorly imported by Bahamas and are among India… Read More

India’s share in world GDP doubled- PHD Chamber

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India’s share in world GDP doubled/increased from 1.43% in 2000 to 2.86% in 2015. In the post crisis period, the performance of Indian economy is not bad as the economy is still progressing in the world economic system, said Dr. Mahesh Gupta, President, PHD Chamber in a press statement issued .

India’s GDP stood at USD 477 billion in 2000 and increased to USD 2091… Read More

Farmers being told to spread the word on Pradhan Mantri Fasal Bima Yojana

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Minister of State for Agriculture Mr. Mohanbhai Kundariya on Tuesday emphasized the need to spread information of Pradhan Mantri Fasal Bima Yojana (PMFBY) to all the farmers of the country for which he invites all the stakeholders such as PHD Chamber and private insurance players to organize kisan melas in all the villages of the country so that farmers may … Read More

China so far the largest beneficiary of US Eb5 Program: Russell Barr

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President, & CEO, Stowe Aviation, Mr. Russell Barr on Friday disclosed that China has been the largest beneficiary of EB5 programme of the United States which aims at creating a great deal of employment in US through foreign investments.

Addressing an Interactive Session on “Destination USA” under aegis of PHD Chamber of Commerce and Industry here today,… Read More

Under investment in IRs Track Capacity between 1951 to 2014 grew at meagre 0.7% CAGR; PHD & ICAI Paper

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A knowledge paper on Indian Railways, prepared jointly by PHD Chamber of Commerce and Industry and Institute of Coast Accountants of India (ICAI) reveals that Indian railways suffered so much from under investment between 1951 to 2014 that its track capacity addition could grow at CAGR of a meagre 0.7% whereas it witnessed a respective passenger and freight… Read More

Uptick in IIP good , concern on slow growth in capital goods: PHD

After a continuous decline in industrial production for three months in a row, increase in IIP from (-)1.5% in January 2016 to 2% in February 2016 is encouraging, said Dr. Mahesh Gupta, President PHD Chamber of Commerce and Industry in a press statement issued .

However, decline in capital goods for the month of February 2016 is worrying as growth of capital goods… Read More

Digital India will attain its desired objectives: Dr. Ajay Kumar

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Additional Secretary, Department of Electronics & Information Technology, Dr. Ajay Kumar emphasized that digital India project of the Prime Minister would integrate India in a multifaceted manner so that the accruals of information technology percolate down to each stakeholders in an equitable manner.

Delivering his address at the Seminar on “Unleashi… Read More

IndianBureaucracy wishes its Esteemed Readers a Happy Ram Navami

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Khadi & Village Industries enhancing market share to 5% in next 2-3 year

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Khadi & Village Industries Commission (KVIC) which currently handles a business turnover of about Rs.30,000 crores has set for itself a modest target of increasing its market share in KVIC promoted products from existing 1% to 5% in next 2-3 years, given their market demand in view of enhanced quality of KVIC products, according to its CEO, Mr. Arun Kumar… Read More

Chamber of Commerce should facilitate Joint Ventures: V K Singh

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Minister of State for External Affairs, Mr. V K Singh emphasized that the role of Chamber of Commerce such as PHD Chamber should be to facilitate joint venture arrangements with overseas countries.

Inaugurating the Ambassadors’ Meet under aegis of PHD Chamber of Commerce and Industry , Mr. Singh said that the Chamber of Commerce have been playing a great role… Read More