The Associated Chambers of Commerce & Industry of India

"The Knowledge Chamber: Serving the Nation since 1920"

Press Releases

Thermal power projects with investments worth over INR2.5 lakh crore facing stress: ASSOCHAM-Grant Thornton report

New Delhi, 9th February 2019: Investments worth over INR2,50,000 crore in thermal sector projects (based on domestic coal, imported coal and gas) are facing stress, and immediate remedial measures need to be undertaken to ensure that they are revived in a time-bound manner, noted a recent ASSOCHAM-Grant Thornton joint study.

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Sunday, February 10, 2019

~ IT Department going aggressively after undisclosed foreign assets: Says Mr Sushil Chandra, Chairman, CBDT~

New Delhi, February 07, 2019: Under Automatic Exchange of Information (AEOI) route, the Government is aggressively collecting information about foreign assets accumulated by people in foreign countries and for this, it has signed treaties with various countries such as Hong Kong, Switzerland to plug in the loopholes, informed Mr Sushil Chandra, Chairman, Central Board of Direct Taxes (CBDT) at an event - ‘National Conference on Recent Challenges in Taxation and the Way Forward’ organised by ASSOCHAM in New Delhi today.

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Thursday, February 07, 2019

Government to Soon Announce a Policy to Introduce ITES-Enabled Intelligent Transport System: Niti Aayog

New Delhi, February 06 2019: In India, a person dies every 3.5 minutes in road accidents, out of which people in the prime age group perish the most. Despite it reaching enormous proportion, there is still lack of precautionary measures taken on road safety, states a study conducted by industry body, ASSOCHAM.

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Wednesday, February 06, 2019

Interim Budget aims at wooing middle class tax payers, farmers: B K Goenka, President, ASSOCHAM

New Delhi, 1st February 2019: The finance minister, Piyush Goyal in his interim vote of account budget presented today announced sops that would benefit people from several walks of the society. Right from the farmer, to the worker from the unorganised sector to the middle class tax payer, everyone would have something to cheer upon.

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Friday, February 01, 2019

FAME II to be soon rolled out on consortia-based approach: Scientific Secy

New Delhi, 28th January 2019: The Government will soon roll out second phase of the FAME India scheme on consortia-based approach, a top official said at an ASSOCHAM event held in New Delhi today, but he did not give a specific timeline.

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Monday, January 28, 2019

Media and entertainment industry to touch USD 52,683 million by 2022: ASSOCHAM-PwC

New Delhi, January 26, 2019: The Indian media and entertainment industry is projected to grow at a CAGR of 11.7% from USD 30,364 million in 2017 to USD 52,683 million in 2022 due to rising populations, increasing disposable incomes and new technologies have fuelled the growth of all forms of content consumption, be it cinema, television or over-the-top (OTT) services, according to an ASSOCHAM-PwC joint study.

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Sunday, January 27, 2019

Govt. addressing concerns of textile sector through favourable policy decisions: Smriti Irani

Gandhinagar, 20th January, 2019: The Union Government will look into textile industry’s apprehensions vis-à-vis embedded duties not being refunded fully and see that no tax is imposed on exports, Union Minister of Textiles Ms Smriti Irani stated at an ASSOCHAM event held in Gandhinagar today.

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Sunday, January 20, 2019

ASSOCHAM delegation meets RBI Guv over liquidity crisis being faced by NBFCs/HFCs

New Delhi, 11th January 2019: A high-level Associated Chambers of Commerce and Industry of India (ASSOCHAM) delegation led by its past-president Mr Sunil Kanoria met Reserve Bank of India (RBI) Governor, Mr Shaktikanta Das in New Delhi today to highlight the issues on liquidity crisis being faced by non-banking financial companies (NBFCs) and housing finance companies (HFCs).

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Friday, January 11, 2019

Delhi govt. willing to provide funds for viable solutions to waste management: Satyendar Jain

New Delhi, 10th January 2019: The Delhi Government is looking for simple, viable, decentralised and concrete solutions and is willing to provide funds to counter the city’s waste management problem, Mr Satyendar Jain, Minister of Industries and Urban Development said at an ASSOCHAM event held in New Delhi today.

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Thursday, January 10, 2019

India saw 457% rise in cybercrime in five years: ASSOCHAM-NEC

New Delhi, 9th January, 2019: India has witnessed a 457 percent rise in cybercrime incidents under the Information Technology (IT) Act, 2000 from the year of 2011 to 2016, a recent ASSOCHAM-NEC joint study said.

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Wednesday, January 09, 2019

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