A key concern for policy makers and industry is to include Indians from all strata of society in the country’s impressive growth story. At the present, the majority of the population remains at the periphery of development. India’s growth story has captured the world’s attention and admiration. However, we cannot in all conscience begin to celebrate the Indian success story while a majority of our 1.1 billion people still live in poverty. There are disparities amongst regions, states, sectors, and communities. Amongst the States, the North-Eastern and the central regions, which have large tribal populations, are lagging behind. Amongst sectors, agriculture has fallen behind industry and the service sector. Religious minorities, large sections of Scheduled Castes (SC) and Scheduled Tribal (ST) groups, and women still do not have access to many job opportunities and human development. While the top end of the economy is experiencing phenomenal wage growth, the informal sector, which is the largest job creator for the country continue to be characterized by low wages and income insecurity. Public health indices for India continue to stagnate at very low levels with large- scale incidence of malnutrition. There is need to address these issues with urgency. We are way behind if we assess ourselves against the Millennium Development Goals set up by the United Nations. India can move up on these parameters only if every segment of civil society comes forward to forge “public-private-people partnerships”. Each segment of society has competencies that the other needs, to achieve its goals. Pooling resources such as knowledge, finances, infrastructure, technologies etc. can hasten the process of reaching out to those that are at the bottom of the pyramid.
CII has been in the forefront of bringing in economic change and has been playing a significant role in the formation of a new and competitive India. It was almost 15 years ago that CII realized that all round evelopment was essential for sustaining the growth process and role that Corporates can play a major catalytic role in bringing this about, expanding the coverage of creation of wealth and catalyzing social change. Over the years, CII’s agenda has, therefore, expanded to include “inclusiveness” and “sustainability” over and above its running theme of “competitiveness”. The imperative for inclusive growth needs no repetition in the context of India's long-term growth prospects. Interestingly, a noticeable shift in policy is being materialized in policy making from subsidy-based programmes to those enabling more income generation. In a parallel process, voices in this debate for marrying market elements with social objectives are gaining strength. Encouragingly, there is a growing consciousness and conviction amongst companies that businesses have dual roles - to create shareholder value and as well play a proactive role in the community in the environment in which they operate. This is where we see a CII role in creating new partnerships for development, especially between wealth creators and the NGO community and Self Help Groups in catalyzing win-win growth stories. To achieve equitable, inclusive growth, the Confederation of Indian Industry (CII), seeks to bring in social transformation through a complete programme of policy advocacy, knowledge creation, knowledge dissemination and “on-ground” model projects. Through a series of focused interventions, CII hopes to mainstream economically and socially challenged groups and draw them into a cycle of growth, development and empowerment. All these interventions are undertaken under CII’s broad canvas of “Development Initiatives”.
The Budget for the forthcoming year may not have increased allocation to education but it has several notable new policies, including identifying 10 public and 10 private universities for world-class excellence. This column by Mr Chandrajit Banerjee, Director General, CII appeared in The Times of India on 7 March 2016.
A shared and sustainable world economy would rest on partnerships between advanced and emerging economies. India, which stands at an exciting moment in its economic journey, can play a special part in this, says Mr Chandrajit Banerjee, Director General, CII. This article first appeared in Business Standard, 11th January 2016 on the occasion of The Partnership Summit 2016. The Confederation of Indian Industry (CII) in partnership with the Department of Industrial Policy and Promotion, Ministry of Commerce and Industry, Government of India and the State Government of Andhra Pradesh organized the 22nd edition of the Partnership Summit from January 10-12, 2016, at Vishakhapatnam, Andhra Pradesh.
Recommendations of CII National Committee on Higher Education on New Education Policy (On select themes for consultation on higher education as enumerated by Ministry of Human Resource Development).
Indian industry expects that the outcomes of the Paris COP 21 will meet the challenges of reliable and affordable climate change technologies facing the private sector. India's target commitments require $2.5 trillion by 2030 and we hope that the Government would assist industry to make the requisite investments. This column by Mr Chandrajit Banerjee, Director General, CII was published in The Hindu Businessline on 28 November 2015, ahead of the Paris climate change conference.
The new bill introduced in Parliament for acquisition of land meets many compulsions of development. This article by Mr Sumit Mazumder, President, CII, appeared in The Economic Times Issue of April 26 – May 02, 2015.
Representation to Government of Kerala on Incentives for Green Building Rated Projects.
As you are aware, Jammu & Kashmir has been severely hit by heavy rains and flash floods at many places in the State causing loss of valuable lives and properties.
The Central / State Governments, District Administration, Defence forces & NDRF are fully involved in the relief measures. CII is in touch with the local administration to provide immediate relief items as well as look at some concrete rehabilitation projects in due course.
The environment is vital, but economic activities can often conflict with sustainability. As the country promotes green economic transition, we also need to deal with immediate process issues, says Chandrajit Banerjee, Director General, CII in this column in The Hindu Business Line of June 5, 2014 to commemorate World Environment Day
'India has the potential to be a leader in the global green economy and business can play an important role through a coordinated approach, states Mr Chandrajit Banerjee, Director General, CII in this column that appeared in Business Standard' special page as an advertorial on the occasion of the World Environment Day on 5 June 2014.'
The new mandatory stipulations for CSR under the Companies Act should have allowed some flexibility to corporate boards to draw up their areas of interest. This column by Mr. Chandrajit Banerjee, Director General, CII, appeared in The Financial Chronicle on March 8, 2014.
Besides investing in automobile and machinery, Japan can play a major role in India’s infrastructure development. Chandrajit Banerjee, Director General, CII, says CEPA is expected to give Indian pharma greater access to the Japanese market as Japan has committed to treat Indian generic-makers on a par with its own pharma industry. This article appeared in the The Financial Express on 30 November, 2013.
At a time when major projects are stalled and India's global competitiveness is eroding, a more facilitative land acquisition process would have helped long-term growth, stimulated private investment in Infrastructure Sector and restored investor sentiments. In an interview with the Financial Express on 31 August 2013, CII Director General, Chandrajit Banerjee articulates the industry’s concerns and how it affects them. Excerpts:
The new Companies Act has many positive features, incorporating CII recommendations. However, the CSR provision and other stipulations are of concern for industry. This column by Mr S Gopalakrishnan, President, CII, appeared in the ‘Hindustan Times' on Thursday, 29 August 2013.
Industry, civil society and government must work together to evolve solutions to environmental challenges, and green manufacturing can be the next sector of growth, says Chandrajit Banerjee, Director General, CII in this column in the Hindu Business Line on World Environment Day, 5 June 2013.
As you may be aware Exim Bank has extended a Line of Credit (LOC) for USD 800 million to the Government of Bangladesh.
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CII News Update
Mr Anand Sharma, Minister for Commerce, Industry and Textiles, India, addressing the “India Investment Roundtable” jointly organized by the Department of Industrial Policy and Promotion (DIPP) of Ministry of Commerce and Confederation of Indian Industry in Tokyo today invited leading Japanese comp.....
Indian Green Building Council (IGBC), part of Confederation of Indian Industry (CII) has launched the first-of-its-kind Rating System to address sustainability aspects in existing buildings.
The rating programme was launched during the Conference on Green Cities & Townships held in Mumbai on .....
“India - ASEAN trade in goods has been robust, growing to $80 billion in 2011-12, doubling since 2007-08 despite the global economic crisis”, Mrs. Preneet Kaur, Minister of State for External Affairs said while addressing the conference on "India-ASEAN Project Partnership" at New Delhi organised b.....
CII with the support of UKFCO took up a project to develop fiscal instruments for low carbon industrial development in the state of West Bengal, Odisha and Tamil Nadu. The activities involved - a review of the state existing policies, developing a report on national and international best practices.....
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 welcomes and applauds the renewed efforts by the US Congress to find a bipartisan solution to the critical issue of immigration reform. CII is however concerned about certain details in the bill put forward by the Senate Gang of Eight yesterday. It is of the opinion that the provisions on H1B v.....
Welcoming the announcement and complimenting the government, Mr. S Gopalakrishnan, President, CII, said that “This announcement is the right step at right time as it could revive investors’ confidence in SEZs” Besides, he applauded initiatives such as widening of interest subvention scheme, zero du.....
Confederation of Indian Industry (CII) has called for easing of interest rates by at least 100 bps in the current fiscal. At a press conference to unveil the CII theme for 2013-14, the new CII President, Kris Gopalakrishnan, Co-Founder and Co-Chairman, Infosys Limited, said, ‘In order to revive gro.....
More than 500 delegates will convene for the Business for Environment (B4E) Global Summit on 15-16 April in New Delhi, India to find solutions for a sustainable future. The event, being co-hosted by the Confederation of Indian Industry (CII), Global Initiatives and the Club of Rome, will cover topi.....
CII Awards & Recognitions
The Sustainability Awards, instituted by the CII-ITC Centre of Excellence for Sustainable Development in 2006, are for (a) Identifying and recognising exemplary performance in economic, social and environmental dimensions of Indian business (b) Promoting role models in Indian industry and recognising excellence achieved by businesses in mainstreaming Sustainability with business practices and (c) Imparting knowledge by which the Centre builds capacity in Indian businesses to adopt sustainability practices.
The CII Safety, Health & Environment (SHE) Awards were constituted towards acknowledging the Vision and Exemplary Commitment of the CEO and his team for environmental responsibility, their concerns for occupational Health and Safety of employees and society as a whole. Today with growing awareness among people, companies are prompted to address the needs and requirements of all its employees first and society through initiation of various policies and programmes to build goodwill and confidence among all members of society.
The Regional and National Workskills India Competitions organised by CII, are recognised by the Directorate General of Employment & Training (DGE&T), Ministry of Labour, Government of India.
The objective of the awards is to recognise and Award “Excellence” in Water Management in Industries and to facilitate sharing of information by excellent Water efficient companies.
The objective of the competition is to create awareness on water conservation and stimulate the young minds on the importance of water conservation to promote habits that students can adopt from an early age to ensure conservation.
With an objective of seeding green ideas in the minds of young budding professionals and also to encourage new thoughts and innovation in green design, IGBC organises the ‘Green Design Competition’ every year.
The objective of the competition is to create awareness and instill environmental responsibility among school children of today and future leaders of tomorrow.
The workskills competition is conducted at the Regional level first, followed by the National Competitions, to encourage workers in the industry by recognising excellence in skill through organised competitions in select trades.
Greening in Uttaranchal may seem to be a redundant activity, but there are alarming reports on how forests are fast disappearing in many areas.