CII Central Region
Sector Update
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.
Lessons leant from the many past family disputes, is leading to many family businesses structure their personal and business assets in a manner which helps in better succession planning minimizing future disputes whilst creating enough opportunities to grow, raise money and create value. Questions are many, should the businesses be held through a trust, company, partnership firm, LLPS. Where should these entities be registered, where should the group IPs and brands be housed- in operating companies or separate companies, what should be the ideal structure - should we have holding companies, trading companies or IPR companies, should these companies be bucketed together or separately and many more strategic issues. Further, the recently introduced LLP provisions and the recent amendment to the FDI norms permitting foreign investment in LLPS provides a opportunity worth exploring for doing businesses through LLPS ring fencing liability whilst better planning taxes. Without doubt, setting up a completely new set up for family businesses or LLPS is relatively easy, transitioning an existing structure into a desired structure/ LLPs has a plethora of tax, commercial and regulatory consideration. This session will explore the possible structuring opportunities and the key challenges to be addressed in this exciting area.
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.
We, at CII, Northern Region Headquarters at Chandigarh, strive to uphold the values of corporate CII, and strive to serve all our stakeholders and become the preferred Industry Association in Northern India.
An article on companies bill published in The Economic Times, Edition: Hyderabad, Reporter: Chandrajit Banerjee, Published Dt.: 14 Feb 2011, Page No.: 14
In Andhra Pradesh, CSR is emerging as an essential component in delivering the better business performance and image. Many organizations are actively engaged in supporting skills up gradation, promoting primary education and healthcare. CII, AP has come up with a publication ‘SAMVRIDDHI’ carrying several examples of CSR Journey of select major organizations and we hope that it shall inspire all of us for greater commitment towards the society.
Chandigarh also known as 'City beautiful' is a Union Territory and capital of two states Punjab & Haryana. Administratively it falls under Central Government. The Governor of Punjab is the administrator. The word Chandigarh literally means Chandi Garh or Fort of Goddess Chandi – a name derived from a temple situated nearby in Panchakula. Chandigarh has 2 satellite cities – Panchkula and Mohali. The three cities collectively referred as Chandigarh tri-city.
There are 64805 Establishments in Chandigarh engaged in different economic activities other then crop production and plantations with 250572 persons working in them. The development of RGCTP has been anchored by Infosys, which has completed its state of the art campus due to which huge employment is expected, which will generate the rapid growth for Chandigarh economy.
The Growth rate of GSDP of Chandigarh over the five year period 2003-2008 has risen from 14.97% in 2003-04 to 17.5% in the 2007-08. During the year 2004-05 tertiary sector contributed nearly 77.14% of the GSDP of the Union Territory followed by Secondary sector at 22.39% and primary sector at 0.47%. The majority of the population are employees of any one of the three government based in the city. Trade, Hotels & restaurants was the chief contributor to the GSDP at 29.85 % of GDP followed by Real estate, ownership of dwelling & business services at 21.39%, construction industry 13.26%, Banking & finance at 10.6 % and Un registered manufacturing at 6.21 % to the GSDP. Public administration and other services jointly contributed another 12.28 % to the Chandigarh's GSDP.
Overview of IT, ITeS, Biotech and SEZ Policies of Chandigarh Administration.
The city with emphasis on development of pollution free industry to generate opportunities for growth of employment is ideally suited for educational institutes and especially so for Information Technology Training institutes with the administrations thrust on HRD. The other industries with the potential on the same lines are IT/ITES, BPO, Bio Technology & Electronics industry.
Skills development projects are running across the length & breadth of the country with 20 projects already being successfully completed. Projects cover both rural & urban areas. Currently the projects are running in the rural areas in Maharashtra, Andhra Pradesh, Rajasthan, Haryana, Tamil Nadu and Punjab.
With the advancement of green building movement in India, many companies have evinced keen interest in having a holistic green design and construction framework for upcoming factory buildings. IGBC, in its endeavor to extend green building concepts to all building types has developed the IGBC Green factory rating system. IGBC Green Factories rating system is the first of its kind addressing sustainability in industrial buildings. The programme is fundamentally designed to address national priorities and quality of life for factory workmen. IGBC Green Factory Rating System is a voluntary and consensus based programme. The rating system has been developed based on the contemporary materials and technologies. This rating system would facilitate the development of green factories. The rating system evaluates certain credit points using a prescriptive approach and other credits on a performance based approach. The rating system is evolved so as to be comprehensive and at the same time user-friendly. This is an excellent opportunity for projects to participate in the pilot rating programme. The learning from the pilot rating programme would influence in developing a robust rating system. The pilot projects play an important role in evaluating the results achieved by the pilot projects and the criteria established in the rating programme. The pilot version of the rating system has been launched on 10th July 2009. Project teams interested in IGBC Green Factory Certificatio
CII News Update
The power sector in Bihar needs significant improvement to attract investments in new industries in the state. That was the consensus at Powering Bihar - Approaches to Distribution Reforms, a conference organized by the Confederation of Indian Industry (CII), Bihar State Office, on 8 May 2013 in Pa.....
Calling upon private sector to come forward to compliment & supplement the efforts of Government to ensure quality affordability in healthcare, Dr A K Shiva Kumar, Member, National Advisory Committee, Government of India mentioned that India has such a huge population that one single agency cannot .....
The 4 day Made in Pakistan Show, organised by Confederation of Indian Industry (CII), opened at Himachal Bhawan, Sector 28, here in Chandigarh on Wednesday and Attracted good crowds, especially women. The Show was formally inaugurated by Mr Anil Kumar, Home Secretary, UT Chandigarh. .....
Confederation of Indian Industry (CII) Northern Region would organise a Mega Event ‘CII Tourism Fest’ to boost tourism and hospitality industry and showcase tourism potential in the eight Northern states and UT of Chandigarh. .....
CII Policy Watch
CII Policy Watch - Focus: MSMEs
CII Policy Watch: Focus: Beyond India@75: Competitiveness, Growth, Sustainability, Internationalisation
CII Policy Watch: Focus - Energy Transition
CII Policy Watch: Focus - International Trade Policy
CII Awards & Recognitions
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 (ER) has an annual award scheme to recognize the excellence of its members in the spheres of safety sector during the year. The excellence in Safety Health & environment (SHE) Award is to acknowledge the vision and exemplary commitment the CEO and his team has for Environmental Responsibility, concern for occupational Health and Safety of employees and society as a whole. The objective of this Award is to evaluate an Organization’s interest towards the well being of its employees through adequate measures, not only for the Regulatory requirements, but also as a part of the Management’s Commitment towards ensuring that the workforce is adequately protected through effective Safety, Health & Environment measures. Physical safety assessments are done by the certified safety auditors as a part of the selection process. The Award ceremony is organised in August every year coinciding with the annual CII Eastern Region Safety Symposium & Exposition. Based on the assessments and scores, Star Rating certificates in the scale of 5 are also given to all applicants.
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