The Associated Chambers of Commerce & Industry of India

"The Knowledge Chamber: Serving the Nation since 1920"

Press Releases

RBI opens banking tap to ease liquidity crunch at NBFCs: ASSOCHAM

New Delhi, October 20, 2018: The ASSOCHAM welcomes RBI's move to incentivize banks to enhance their lending to NBFCs as a step in the right direction which would enable NBFCs to tackle the liquidity crunch. This shall also send a message that the recent developments do not indicate any systemic problem but it is merely a case of sentiments having gone wrong after one of the big NBFCs defaulted.

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Saturday, October 20, 2018

B K Goenka takes over as President of ASSOCHAM

New Delhi, 17 October, 2018: Mr. Balkrishan Goenka, Chairman of Welspun Group today assumed the leadership role of The Associated Chambers of Commerce & Industry of India (ASSOCHAM) as President.

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Wednesday, October 17, 2018

Roadmap to promote aircraft manufacturing on the anvil: Suresh Prabhu

New Delhi, 16th October, 2018: The Government is preparing a roadmap to promote manufacturing of aeroplanes in India to ensure growth of country’s aviation sector, union minister, Mr Suresh Prabhu said at an ASSOCHAM event held in New Delhi today.

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Tuesday, October 16, 2018

India must promote gender parity and push exports to grow at 9-10% annually for next 30 years or more, says Amitabh Kant

New Delhi, 16th October, 2018: Gender parity and exports are the two critical areas which India must focus on to be able to grow at higher rates of 9-10 per cent per year for the next three decades or more to lift a very young population above poverty line, said Mr Amitabh Kant, CEO - NITI Aayog at an ASSOCHAM event held in New Delhi today.

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Tuesday, October 16, 2018

India needs a strong, decisive leadership at Centre: Arun Jaitley

New Delhi, 16th October, 2018: Referring to the decisive manner in which the recent global challenges like rising crude oil prices or the spill over effects of domestic policies of certain countries were handled by Prime Minister Mr NarendraModi- led government, Finance Minister Mr ArunJaitley today said at the ASSOCHAM Annual Meeting that India needs a strong and decisive leadership at the Centre so that the country remains a "sweet spot" of the world.

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Tuesday, October 16, 2018

1.5 lakh health centres to be operationalized by 2022: Anupriya S. Patel, MoS Health & Family Welfare

New Delhi, 16th October, 2018: As part of Aushman Bharat, 1.5 lakh health and wellness centres are to be operationalized by 2022 to provide primary care services backed by robust IT systems, said Ms. Anupriya S. Patel, Minister of State for Health & Family Welfare at an ASSOCHAM event held in New Delhi today.

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Tuesday, October 16, 2018

Stressed power assets to be viable soon: R K Singh

New Delhi, 16th October, 2018: All stressed power assets to be viable soon provided we have enough coal production in the coming years, said Mr. R.K. Singh, Minister of State for Power and New & Renewable Energy (I/C) at an ASSOCHAM event held in New Delhi today.

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Tuesday, October 16, 2018

Indian medical device firms be given faster access to US-FDA: study

New Delhi, October 10, 2018: The ASSOCHAM has suggested that the Indian firms engaged in the manufacture of medical devices, be enabled faster access to the US drug and pharmaceutical regulator FDA or FDA equivalent certifications in a cost effective manner through a fast track FDA desk in India with the government, facilitating such a dispensation, according to an ASSOCHAM-MRSS India.Com joint study.

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Wednesday, October 10, 2018

Bankruptcy Code to help deepening of corporate bond market: ASSOCHAM-CRISIL study

New Delhi, October 6, 2018: India's corporate bond market which forms 17 per cent of the country's GDP against 123 per cent in the US and 74 per cent in South Korea, is highly concentrated in the AAA rated bonds, which may change over time, once the Insolvency and Bankruptcy Code (IBC) brings about successful resolution of stressed asset cases in a time bound manner, an ASSOCHAM-CRISIL joint study has said.

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Sunday, October 07, 2018

Life insurance preferred investment choice for 70% millennials: Survey

Mumbai, 3rd October, 2018: Life insurance is the most preferred investment instrument to achieve financial goals for almost two-thirds (70 per cent) of millennials closely followed by mutual funds (69 per cent) and fixed/recurring deposits (64 per cent), according to a recent survey jointly conducted by ASSOCHAM and IndiaFirst Life Insurance.

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Wednesday, October 03, 2018

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