Let the responsibility of the interest component of banking credit be the responsibility of the Creditor! Says AIAI If not interest let the capital outstanding be the responsibility of the Banks this will help squeeze some reserved capital in the system, stressed All India Association of Industries (AIAI). Economy has[…]
Read MoreLet the responsibility of the interest component of banking credit be the responsibility of the Creditor! Says AIAI If not interest let the capital outstanding be the responsibility of the Banks this will help squeeze some reserved capital in the system, stressed All India Association of Industries (AIAI). Economy has[…]
Read MoreWith 90% of the trade, employment and business in Metro cities of Mumbai and Pune shut down , extension of lockdown is set to arrest hopes of many, says Mr Vijay Kalantri, President All India Association of Industries. 25 lakh jobs mostly in retail , small and micro[…]
Read More“COVID-19 crisis has shattered the foundation of human being’s thinking. The crisis has weakened the position of advanced economies such as USA, EU and UK. India has emerged as a trusted partner in the global geopolitics. Central banks across the world are pumping record amount of liquidity to[…]
Read MoreThe All India Association of Industries is a premier Chamber of Commerce working in interests of trade, industry and employment since 1956. Mr. Vijay Kalantri, President, AIAI said the lockdown post COVID19 disaster has destroyed trade near to completion and business losses amount to Rs 7-8 trillion during[…]
Read More“The Pearl of Africa – Uganda wants to strengthen its age-old economic, social and cultural ties with India. The Uganda Railway Infrastructure was built by Indians. Government of Uganda gets 65% of its income tax revenue from Indians settled in the country. I invite Indian companies to explore[…]
Read MoreAIAI feels RBI should have reduced the interest rate to support MSMEs and further support infrastructure funding with long term bonds Mumbai, April 6, 2017: The RBI’s Monetary Policy Committee today kept the repo rate unchanged and hiked the reverse repo rate by 25 basis points. The unchanged[…]
Read MoreAIAI Welcomes Defence Procurement Policy The Defence Procurement Policy announced by the Defence Minister Mr. Manohar Parrikar is keeping in line with supporting Indian manufacturing, promoting joint ventures, technology transfers and fulfilling the vision Making India in Defence sector said Mr. Vijay Kalantri, President All India Association of Industries[…]
Read More
Experts hail Budget FY17 for fiscal prudence and rural infrastructure thrust “Union Budget 2016-17 is a welcome balancing act of adhering to the fiscal prudence and at the same time addressing the infrastructure needs of the rural areas. The finance minister has taken various tax measures keeping[…]
Read More“India is now widely regarded as an economic power house registering GDP growth rate of above 5%. Indians attach great value to education and the power of learning. The Indian community in Australia from the sectors of engineering, medicine, research and teaching have contributed substantially to the Australian[…]
Read More