North-East Region potential gateway to India-Bangladesh trade, says, State Minister of Bangladesh India has played a commendable role in the independence of Bangladesh and both countries continue to maintain longstanding and cordial relations. Bangladesh economy has witnessed considerable changes over the last 8 years attaining on an average[…]
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Make in India in Defense to boost MSME sector Defense Ministry to help promote indigenous manufacturing from 30% to 70% in 5 years Rs. 2500 crore allocation per year for ammunition alone February 10, 2017: “Government is attempting to boost MSME sector’s contribution to indigenous manufacturing in defense[…]
Read MoreExpectations belied After the recent budget the monetary policy has belied the expectations of industries, as reduction of 100 bps was expected by the industries which would have given an impetus to industrial growth specially to Micro, Small and Medium Enterprises (MSME) and infrastructure sector which are the[…]
Read MoreAIAI welcomes Union Budget for its balanced approach All India Association of Industries (AIAI) welcomes the Union Budget 2017-18 for its balanced approach and enhancedthrust on infrastructure, promoting digitalization, rationalizing taxation and adhering to fiscal prudence. The Budget attempts to address some of the weak links in the[…]
Read MoreAIAI Comments on Economic survey 2016-17 The Government has presented the Economic Survey 2016-17 amidst structural changes in the economy on the back of demonetization and the proposed implementation of the goods and service tax. Given the uncertainty of demonetization, the survey has revised down the real GDP[…]
Read MoreWish List for Union Budget 2017 – AIAI The year 2016 was an eventful year where Government had cleared long pending GST and Bankruptcy code. The calendar year ended with demonetisation – the big bang reform aimed to curb black money. However it has resulted in the loss[…]
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Use Direct Port Export (DPE) service to clear cargo in less than 2 days: JNPT Customs Systems in place to clear 90% of cargo within four days “Exporters and importers should take advantage of Direct Port Delivery (DPD) and Direct Port Export (DPE) schemes of the customs to expedite[…]
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Empowerment of women starts with political will: Swedish Consul General “Empowerment of women in any society starts with political will and leadership, as legislative actions, self-regulatory frameworks and implementation measures are all necessary to achieve desirable results,” said Ulrika Sundberg, Consul General of Sweden, at the precursor event[…]
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India should be the first to adopt digital currency, opine experts In a panel discussion on ‘Future of Black Money’, organized by All India Association of Industries (AIAI) and World Trade Centre Mumbai, India’s leading experts on digitization and economists agreed that India had the opportunity to be[…]
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Russia seeks cooperation in Security Systems, Technology and Investments Russia and India cooperation is set on a new course during the 8th BRICS Summit held at Goa recently. Both Russia and India have shown renewed interest in cooperation in diverse sectors keeping in view their shared complementarities. Russia is[…]
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