Key Initiatives / Information
The article dwells upon the immediate steps to get growth back include further reduction in interest rates by 100 bps, deregulating oil prices, progress on disinvestment, fast-tracking major infra projects, and encouraging FDI. Tax reforms will also boost growth in the medium term. This article by Mr Chandrajit Banerjee, Director General (CII) was published in The Hindu on 30 April, 2012.
West Bengal, historically at the forefront of India’s industrial growth and social change, enjoys major benefits of outstanding natural and human resources. With a strong industrial base, it can transform into a manufacturing and employment-generating hub of eastern India and emerge as a central player in India’s vibrant growth story, given the right investment climate and proactive policies. This article by Mr Chandrajit Banerjee, Director General (CII) was published in The Times of India, Kolkata on 4 April, 2012.
The Budget is pragmatic and addresses key supply bottlenecks. Agriculture, social sector and infrastructure expenditure has been increased which will boost the economy.
Raising excise duties to pre-stimulus levels would adversely impact demand, inflation and investor plans. The Budget should desist from increasing excise from present 10% to 12%, especially since GST would be ready by next year.
Opinion piece in Times of India of 2 March 2012 by the Director General, CII. It stresses that fiscal deficit and private corporate investments, growth drivers for the economy, need to be critically addressed in the forthcoming Budget.
Opinion piece by the Director General, CII in Indian Express of 2 March, 2012. The Budget must tackle fiscal deficit on an urgent basis. CII's recommendations cover possible revenue and expenditure steps.
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.
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!
In an article featured on the editorial page in the section “Of Ideas” of the Times of India dated 8 November 2011, Mr Chandrajit Banerjee, Director General (CII), points out the positive signs in the Indian economy that may be unnoticed in the gloomy global scenario.
Enormous challenges face the Indian economy in deepening and broadening the national agenda for inclusive development. Lately, on the one hand, there is a marked increase in the willingness of Corporates to undertake activities related to impacting societal and economic development and on the other, the emergence of the voluntary sector as the vehicle for last mile delivery and willingness to collaborate with corporates.
Through a process of due diligence 127 NGO projects are compiled across sectors from all parts of the country to enable corporates and non-profits to collaborate and work together for promoting inclusion.
In the article featured in the “Guest Column” of the “Edit Page” in the Economic Times dated 1 November 2011, Mr Chandrajit Banerjee, Director General (CII) believes that the clearance of the National Manufacturing Policy (NMP) by the Cabinet is a historic step on the economic reform agenda and will set the pace for a much higher trajectory of growth in employment, investment and output.
Mr Banerjee points out that the most important pillar of the NMP is the intention to create 100 million new jobs and further states that the industry will work with the government to convert the policy into a real tool to meet the objectives of inclusive growth.
The NCPEDP - Shell Helen Keller Awards has been instituted by NCPEDP (National Centre for Promotion of Employment for Disabled People) in association with Shell Group of Companies India.
The Award was instituted in 1999. The award recognizes and honours people and organisations which have been working towards promoting employment opportunities for people with disabilities.
The awards are given away in the following 3 categories:
- Role Model Disabled Person: Disabled persons who have been active as ambassadors of the cause of employment for disabled people and are a positive role model for others.
- Role Model Supporter of Increased Employment Opportunities for Disabled People: Individuals who have contributed substantially to the cause of promoting employment opportunities for disabled people over an extended period of time.
- Role Model Companies/NGOs/Institutions: Organisations who have shown their commitment towards promoting equal employment opportunities for people with disabilities.
The details of the Award are available at http://www.dnis.org/helen_keller_awards2011.php
The last date for sending application for the Award is 15th October, 2011.
Through the Hindu “Business Line” article the author, Mr Chandrajit Banerjee, Director General (CII), chronicles the development and evolution of the Indian industry in the post 1991 liberalisation era.
The author dwells upon how companies had to fight for their survival in the post reforms scenario after the Indian industry was thrown open to competition from abroad after many decades of protection. He further elucidates the theme of corporate social responsibility suggesting that it is only now that industry is in a position to give back to society. Mention is also made of the Confederation of Indian Industry (CII) and its key role in supporting the reform process and improving competitiveness.
The author concludes by making a case for heightened private participation in government led interventions for wider, broad based reforms.
Through the Economic Times article the author, Mr Chandrajit Banerjee, Director General (CII), makes a case for the fortification of the mining sector through governmental interventions such as corporatisation, support for exploration and catalysing exports.
The author believes that a strong mining sector would not only contribute more significantly to the country’s GDP but could also help focus on livelihood for displaced persons, safety for miners, use of the best-in-class technology, sustainability and a more judicious use of the natural resources.
It was almost an year back, that Leh witnessed massive destruction, triggered by the cloud burst on the intervening night of August 5 and 6, 2010.
CII News Update
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.....
CII – USIBC (US India Business Council) Leadership Exclusive Session took place here today. The high profile interaction was attended by over 20 top veterans from the Indian industry.
Speaking at the exclusive Session, Mr Adi Godrej, President, CII, said, “Indo – US trade is now touching almost.....
There is lot of optimism surrounding Public Private Partnership (PPP) in India. Used judiciously and fitted to local circumstances they have the potential to bring effective solution to society. With this background, CII in partnership with DST & GITA organized a National Technology summit at India.....
International Day of People with Disability (IDPwD) is a United Nations sanctioned day that aims to promote an understanding of people with disability and encourage support for their dignity, rights and well being. The day also seeks to increase awareness of the benefits of the integration of peop.....
Confederation of Indian Industry (CII) Bihar State Office, on the occasion of World AIDS DAY, organized An Awareness Session on “HIV-AIDS” at 1100 hrs on 1 December 2012 at Auditorium Hall, IIBM, Patna.
“If ideas and capital move, even if people don’t move, we will reach a stage where we will forget the rural-urban divide,” Professor Abhijit Sen, Member, Planning Commission, Government of India, said in his inaugural address at the 4th National Rural Development Summit – Rural Services – the NEXT .....
CII Bihar State Council, organized a “Session on International Day of Persons with Disabilities” at 1200 hrs on 3 December 2011 at Government Blind High School, Near Bihar Ayurvedic College, Kadamkuan , Patna with the underlying objective to include the differently- abled children in the mainstream.....
CII Bihar State Council on the occasion of World Aids Day organized a Walkathon from CII Bihar State Office to Boring Road Crossing. Walkathon marked an eventful participation from different quarters. To lead the walkathon was Dr. Diwakar Tejaswi, Medical Director, Regional AIDS Training Centre & N.....
Confederation of Indian Industry, Jamshedpur Zonal Council in association with Jamshedpur Women’s College celebrated “WORLD AIDS DAY 2011” with the theme “Getting to Zero” on 1 December 2011. .....
CII Awards & Recognitions
The Confederation of Indian Industry (SR) through its Education Sub-Committee, launched the first edition of Innovator 2009 on 12th February 2010 at Hotel Le Royal Meridien, Chennai. The Sub Committee initiated this unique event this year under the Chairmanship of Dr R Mahadevan, Group Technology Director, India Pistons Ltd. Innovator is a competition aimed at identifying and showcasing the innovative ideas of college students from Technical, Business and Social streams in the Southern Region. It is a three stage project centric contest designed to test the technical/business and social concepts, presentation and creative skills of the participants.