Key Initiatives / Information
The Integrated Rating methodology for State Power Distribution Utilities was developed by Ministry of Power (MoP) and unveiled in the State Power Ministers conference held in July 2012 (Appendix). The methodology was developed by MoP keeping in view poor financial health of State Distribution utilities and the need to base future funding exposures on an objective rating mechanism. The main objectives of developing the integrated rating methodology for the state distribution utilities are:
The ASEAN-India Car Rally currently underway signifies the growing connectivity of the two sides and offers a chance to look at new opportunities for economic and commercial interaction. This article by Mr Chandrajit Banerjee, Director General, CII, appeared in the Financial Express of 7 December 2012.
“Managing capacities and harnessing technology through automation” 2nd November 2012 at New Delhi.
A holistic reform of the power sector with a multi-sectoral approach needs to be undertaken to address the underlying issues behind the widening demand-supply gap for electricity in the country to enable India to reach its growth potential. This article by Mr Chandrajit Banerjee, Director General (CII) was published in the Sunday edition of the Business Standard on 12 August, 2012.
Just as the government is making efforts at enhancing revenue collection, there must be measures to control expenses. Subsidies must be controlled, and an empowered body created to monitor expenditure. Measures aimed at revival in growth and moderation in inflation must be strengthened. This article by Mr Chandrajit Banerjee, Director General (CII) was published in the Guest Column of The Economic Times on Friday, 23 March, 2012.
The problems in the power sector are multifarious, relating to fuel shortages, lack of adequate finance, poor financial health of distribution utilities, absence of cost-reflective tariffs and peaking power shortages. In addition, land acquisition, environmental clearances, and administrative delays too discourage investments. CII recommends multiple interventions to reform the sector and ensure 24/7 power supply to the nation.
In its pre-Budget recommendations, CII has stressed that to revive growth momentum, new avenues must be devised to augment investment. Private investments need to be incentivised in critical areas of the economy. A reforms oriented budget is needed to instill confidence among investors.
According to Chandrajit Banerjee, Director General of the Confederation of Indian Industry, with each passing year the importance of the PBD as a forum has increased. Indeed, the PBD provides a platform where people of Indian origin not only try to know more about India but also what the Indian community is doing in their own country. “By participating in the PBD, delegates get first-hand knowledge about India’s economy and the opportunities available here,” said Mr Banerjee. Further, Mr Banerjee also stated that for the first time, the Jaipur PBD 2012 brought together a large number of persons who wanted to know how Rajasthan has become a big hub for solar energy.
In an article featured on the “Opinion” page in the Business Standard dated 13 November 2011, Mr Chandrajit Banerjee, Director General, CII, highlights the immense potential for intra-SAARC trade.
Economic cooperation is an acknowledged tool for regional prosperity. However, intra-regional trade in the region, notes the author, which has one-fifth of the world’s population, and is home to two-fifths of the world’s poor, has stagnated at around 5 per cent of total trade, compared to over 50 per cent in East Asia and around 20 per cent in Latin America, and even lower than Sub-Saharan Africa!
Confederation of Indian Industry (CII) and United States-India Educational Foundation (USIEF) announce the Fulbright-Nehru-CII Fellowships for Leadership in Management Program for the academic year 2012-2013. Indian business managers, whose employers would be willing to bear 50% (US$ 18,400) of the total cost (US$ 36,800), may compete to attend this specially designed management program at the Carnegie Mellon University’s Tepper School of Business in Pittsburgh from May 23 to July 31, 2012. Aimed to broaden overall perspectives and to strengthen strategic, functional and leadership skills in global business, this program combines classes with group work, industry visits, and networking.
Complete announcement matter and application materials are available at USIEF website www.usief.org.in.
November 15, 2011 is the application deadline.
76th CII Northern Region Business Outlook Survey is a quarterly study conducted to gauge the sentiment in the economy. Earlier, the survey was conducted bi-annually, but from the 74th Survey onwards the study is conducted on a quarterly basis in order to get a more frequent indicator of business sentiment. The current survey gives an outlook on business sentiments for the first quarter of 2011-12 as compared to the last quarter of 2010-11.
First communication from the CII President to all members after assuming the office of CII, President.
Energy Security is a priority and concern for India. Given the continuing uncertainties with regard to supplies, the acquisition of energy assets overseas and diversification of the oil and gas supply base assumes greater urgency, stressed speakers at the recent CII Round Table Session on Overseas Energy Assets Acquisition in New Delhi.
The travails of the global economy appear to be still not behind us, despite gradual recovery during 2010 from the worst global
economic conditions since World War II. Continued fiscal and debt burdens vitiate the recovery process, imparting a degree of
fragility and uncertainty to global economic conditions. The world needs a new source of growth and stability, and India, a
rapidly growing economy with strong internal demand, offers a new opportunity.
India remained relatively untrammeled by the developments in the Eurozone and reverted to close to 9% GDP growth rates in
2010. Growth was broad-based across all sectors, including agriculture, manufacturing and services. Public commitment to
calibrated exit from expansionary fiscal policy and continued corporate and household confidence have helped sustain a
virtuous growth cycle. The resurgence of the rural economy and intensified infrastructure mission further strengthened the
foundations for medium-term growth propensities.
The report notes various development taking place in India towards the development of energy markets in general and energy derivatives market in particular. It discusses several existing barriers that have been impeding further growth of energy markets in the country. In light of the existing barriers, the report proposes way forward for the development of robust markets in the energy industries.
CII News Update
Her Excellency Smt Margaret Alva, Hon’ble Governor of Rajasthan was the Chief Guest for the programme. Dr G S Sandhu, Addl Chief Secretary – UDH & LSG, Government of Rajasthan; Mr Shailendra Agarwal, Principal Secretary – Energy and Chairman & Managing Director, Rajasthan Renewable Energy Corporati.....
The Deputy Chairman of the Planning Commission, Mr Montek Singh Ahluwalia, today launched the India Backbone Implementation Network (IBIN). The purpose of IBIN is to improve implementation of policies, programs, and projects, which the 12th Five Year Plan has located as the critical necessity for a.....
The Annual General Meeting and National Conference of Confederation of Indian Industry (CII) will be held on 3rd and 4th April 2013 at New Delhi.
The two-day event would have a galaxy of speakers deliberating on a range of issues that are of importance to India and Indian Industry at the presen.....
Continuous Change and Improvement is the key driver for overall growth of the Organisation said by Dr Krishan Kumar, Former Director, Maruti Centre of Excellence (MACE) in his special address at the 4th Lean Six Sigma Summit organized by Confederation of Indian Industry (CII ) NR in New Delhi, toda.....
Consulting / Advisory Services
IGBC has launched rating programmes to conceive, design & construct buildings as green buildings. In light of this, IGBC has launched green building rating system for New Construction (Government, Commercial, Institutional buildings, etc), Core & Shell (IT Parks, Malls, etc), Homes and Factory Buildings.
Six Sigma approach is being widely used all over the world for reduction in process variation and waste elimination.
Total Productive Maintenance, shortly termed as TPM, is the concept originated and developed by Japan Institute of plant Maintenance (JIPM) Tokyo, since late sixties. JIPM-TPM is the key for the operational excellence for many Japanese companies.
CII and Export-Import (EXIM) Bank of India jointly established the Award for Business Excellence in 1994 with the aim to enhance the ''Competitiveness of India Inc.'' The Award is based on the EFQM (European Foundation for Quality Management) Model for Excellence.
The key to ensure sustainable Quality up gradation and continuous improvement in an Organization is the willingness of its employees to adapt to changing paradigms.
Increased global competition has forced companies to think aggressively about effective Cost Management. A low cost high quality product has become an object of desire, to gain a competitive edge. It is essential that cost management addresses not just individual activities or cost centres but the e
To gain a competitive edge in today''''''''s marketplace, an organization must embrace new ideas and processes and requires constant improvement. Manufacturing Excellence is an imperative tool that leads an organization to the path of competitiveness. The underlying objective of these initiatives is
Energy efficiency & conservation is a high priority area for industries. Our study & experience show that there is around 10-30% energy saving potential in industries and commercial buildings. The Centre offers consultancy services on energy audits & conducts audit with most accurate estimate of sav
CII Awards & Recognitions
The objective of the awards is to recognise and Award “Excellence” in Energy Management in Industries and to facilitate sharing of information by excellent energy efficient companies. Instill a sense of competition to motivate other plants to achieve excellence and establish futurity by pinpointing Carbon Emission Reduction (CDM/VER Project) initiatives focused on energy conservation.
The Objective of the awards is to recognise and Award “Innovative Energy Saving Product / Service” and to facilitate wide dissemination of information about innovative energy saving products and services and instil a sense of competition to motivate suppliers to develop innovative energy saving products & services.
This award is instituted inorder to motivate workers among member companies to form quality circles within their company and also to provide them a forum to exchange their ideas and share their experiences.
CII and Export Import Bank of India have, in 1994, jointly established the CII-EXIM Bank Award for Business Excellence, with the aim of enhancing the Competitiveness of India Inc. The Award is based on the internationally recognized EFQM Excellence Model.
CII (ER) has an annual award scheme to recognize the excellence of its members in the spheres of energy sector during the year. The excellence in Energy Conservation (ENCON) Award is to acknowledge the vision and exemplary commitment the CEO and his team has for Energy Conservation. The objective of this Award is to give recognition to the member companies who are making systematic, commendable and serious attempts for efficient utilisation and efforts towards significant improvement in conservation of energy. The Award is presented during the occasion of the Annual Regional Meeting of CII (ER).