The RBI’s Monetary Policy Committee today reduced the repo rate by 25 basis points to 6.0 %. Consequently the reverse repo rate is reduced to 5.75 %. The reduction in the repo rate is much on expected lines. However AIAI feels that RBI should have reduced the[…]
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“Micro, small and medium enterprises play a significant role in the economic growth and development of countries. Within ASEAN, MSMEs account for more than 96% of all enterprises, between 52% and 97% of domestic employment and 23% to 58% of the GDP, as well as 10% to 30%[…]
Read MoreGST a landmark rollout, say Mr. Kalantri Mr. Vijay Kalantri, President, All India Association of Industries (AIAI) said that roll out of GST is a landmark reform initiated by Hon’ble Prime Minister Shri Narendra Modi. This will go a long way in giving impetus to growth which will[…]
Read MoreUN General Assembly while recognizing the importance of micro, small and medium sized enterprises in achieving the global development goals has designated June 27 as the International Day for MSMEs. This day highlights the strong contribution of MSMEs not only in India but worldwide to livelihood, communities and[…]
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Language and distance no longer barrier for India-LAC Partnership, says Sumit Mullick I strongly believe that India’s bilateral trade with Latin America can easily expand to USD 100 billion in the next five years from the present level of USD 46 billion. Today’s event will lead to[…]
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The landmark achievement of Latin America and Caribbean countries (LAC) in alleviating poverty from 47% to 25% between 2000 and 2014 holds great lesson for India. Government of Maharashtra is implementing livelihood mission to address the issue of poverty in the state. Maharashtra is keen to learn the[…]
Read MoreAIAI and WTC Mumbai to host India – Latin America & Caribbean Partnership Conclave: Opportunities to promote Trade and Investment for the first time in Mumbai The All India Association of Industries in association with the World Trade Centre Mumbai and the Group of Latin America &[…]
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India’s patent system reaches on par with developed countries, says O.P. Gupta “I encourage micro, small and medium enterprises (MSMEs) to be more creative and more innovative by reaping the benefits of latest improvement in India’s patent system. The system has reached at par with the developed economies.[…]
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Digital India heralds revolution in Indian Economy, says Mr. Chavan “Every citizen in the country has a role to play in promoting Government of India’s ambitious programmes such as Digital India, Skill India, Ease of doing Business and Make in India. We have to change the nation by[…]
Read MoreAbolition of FIPB will improve ‘ease of doing business’ and would stimulate growth and employment generation: AIAI Mumbai, May 25, 2017: All India Association of Industries welcomes Government of India’s decision to abolish 25-years old Foreign Investment Promotion Board (FIPB) to improve foreign direct investment (FDI) and[…]
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