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CII News

21 Oct 2022

World today is looking at India with great confidence: Piyush Goyal

Piyush Goyal noted that India`s billion-plus population is a boon for the country as it attracts a lot of companies, and brings economies of scale and opportunities for the country.

Confederation of Indian Industry

23 Jan 2022

CII seeks 1% CSR levy in Budget to provide Covid-19 vaccine booster shots

The chamber said it expects Budget 2022-23 to focus on measures for strengthening economic recovery. CII requested that the government should encourage industry to deploy CSR funding towards providing precautionary shots to the community. CII has also written to state chief ministers with suggestions regarding the level of curbs on markets and factories.

06 Jan 2022

CII Budget Expectations: Focus on investment and infrastructure must continue

He also underlined the need to continuously focus on the cost and ease of doing business. He also pitched for coordinated actions by the Centre and state governments to minimize the impact of Omicron. The FY22’s growth will be 9.5 per cent and next financial year's growth will be 8.5 per cent, he said.

Finance Minister

17 Nov 2021

Nirmala Sitharaman at CII Summit: Check 7 key takeaways from FM’s speech

Sitharaman said that there are clear signs of an uptick in the economy. She also appealed to the industry to increase the capacity without any delay. Sitharaman also appealed to the industry to offer more jobs to reduce income disparity.

Haryana Job Quota

06 Nov 2021

Haryana local jobs quota: India Inc calls for re-look

The Act covers private companies, societies, trusts and partnership firms in the state. India Inc said it will lead to multinational firms moving out of the state. CII emphasised Prime Minister Narendra Modi's vision of 'Ek Bharat Shrestha Bharat'.

11 Aug 2021

PM Modi talks about economic recovery, FDI and more, check key takeaways

Exuding confidence in Indian Inc, Prime Minister Narendra Modi said that the government stands by industry.

11 Aug 2021

Gadkari pitches for using RBI's rising forex reserves for infra development

Addressing a virtual event organised by industry body CII, Gadkari further said that the National Highways Authority of India (NHAI) should also have a financial arm like the Power Ministry's Power Finance Corporation (PFC).

25 Aug 2020

Structural Reforms key priority of the government: FM Nirmala Sitharaman

Sitharaman said that every policy which was introduced had a structural component.

31 Jul 2020

Single window system for industrial approvals will soon be in place: Goyal

Goyal urged both industry and government to work as partners and urged the industry to play a proactive role in helping the government identify the tax evaders and violators. He said that the government’s effort is to try and bring all good practices on one platform and the single window will be a genuine one. He said his team is in constant touch with State departments to ensure that the single window gets expedited.

04 Jun 2020

CII comes with 10 points strategy for post-Covid India

Kotak said that the industry body will work with the government to save livelihood and getting out from the lockdown smoothly with more focus on healthcare and education.

02 Jun 2020

Intent, inclusion, investment, innovation, infrastructure –PM Modi’s 5i mantra

Modi said that government will focus on intent, inclusion, investment, infrastructure and innovation to get India back to high growth trajectory.

pm modi live bhashan

02 Jun 2020

PM Modi inaugurates annual session 2020 of 'Confederation of Indian Industry' (CII)

Narendra Modi, Prime Minister of India inaugurated the annual session 2020 of the 'Confederation of India's Industry' (CII) on Tuesday. In this annual session, he said that India will tide over the coronavirus epidemic, fight it and will soon be back on track with the decisive policies of the government.

02 Jun 2020

India will definitely get its economic growth back: PM Narendra Modi

Modi said he is so optimist about getting the economy back on track because he has confidence on the farmers, small businesses and entrepreneurs, innovators and researchers.

02 Jun 2020

Atmanirbhar Bharat is the way forward to get growth back, says PM Modi

This is PM’s first major speech on the Indian Economy since the announcement of Unlock-1.

02 Jun 2020

PM Narendra Modi to address CII annual session

The virtual online meeting at the annual session of the CII assumes significance as companies are resuming operations after the government has allowed gradual phasing out of the lockdown.

19 Apr 2020

Govt-backed credit guarantee needed to ensure banks overcome risk averseness

The government should provide partial credit guarantee to banks as a shield from risk averseness arising out of lending to non-banking financial and microfinance companies, as liquidity is needed at a time when the economy is suffering a blow due to the global coronavirus outbreak, industry body CII said on Sunday.

22 Aug 2019

Loans from NBFCs to developers halved in FY19: Report

The report observed that default by leading NBFC, IL&FS, in scheduled payments led to a liquidity squeeze in the real estate sector since September 2018.

Nirmala Sitharaman

09 Aug 2019

At no point do we want to make it difficult for industry: Sitharaman

The Minister mentioned the possibility of reviewing some of the milestones in relation to infrastructure. In particular, projects with a bearing on the core sectors and job creation may be brought forward.

India Transmission

19 Jul 2019

Transmission sector needs Rs 5L cr to meet energy needs of a $5 trln economy

The transmission sector has seen a fall in the investments to below 1.8 lakh crore in the last five years but this will need to see a significant jump as 500 GW of renewable energy is added to the grid by 2030, CII said.

Central Board of Direct Taxes

10 Jul 2019

Ease of tax compliance will promote ease of living: CBDT Chairman

Pre-filling of returns shall be able to reduce errors in tax calculation and also collection. Faceless assessment is a great step. Tax offices will be anonymized and the pain points will be minimized, he added.

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