Hemant Jain, President, PHDCCI, said, "The focus on Middle class and MSMEs will enhance consumption and production segments, boost private investments and create employment opportunities. The focus areas of the Budget include accelerating growth, securing inclusive development, invigorating
PHD Chamber of Commerce and Industry (PHDCCI), has expressed expectations that the upcoming budget will focus on improving liquidity for Micro, Small, and Medium Enterprises (MSMEs) and providing financial relief to the middle class.
In the pre-budget meeting with Finance Minister Nirmala Sitharaman on Monday, representatives from various industry bodies put forward a bouquet of suggestions before the government.
Industry body PHD Chamber of Commerce and Industry wants a slew of reform measures in the budget, which includes tax reforms for individuals and Limited Liability Partnership (LLP) firms, expansion of the Production Linked Incentive (PLI) scheme, and revisions to MSME classification norms am
To take the momentum further in policy space, under the aegis of its State Development Council, PHD Chamber of Commerce and Industry (PHDCCI) organised its flagship initiative "States' Policy Conclave 2024" on 11 December at New Delhi, according to an official release.
Among these, 17 states surpassed an impressive 9 per cent growth rate, with Gujarat, Kerala, Telangana, Rajasthan, West Bengal, Bihar, Karnataka, Uttar Pradesh, Haryana, and Odisha standing out for their robust economic performance during 2021-22 and 2022-23.
The PHD Chamber of Commerce and Industry (PHDCCI) has recommended a comprehensive nine-point strategy to state governments to accelerate industrial growth and enhance overall economic development.
The Northeast region has tremendous potential in the production of Natural Gas which can save approximately Rs 14,000 crore apart from allowing backward linkage in the local economy with job and trade opportunities in the region, said Rajesh K Mediratta, Managing Director and CEO, Indian Gas
The Production-Linked Incentive (PLI) Scheme for drones and drone components is a Kickstarter for the sector to progress and should not be considered as a permanent subsidy scheme by the government, highlighted Union Minister Piyush Goyal.
In a series of pre-budget consultations, industry leaders from the Confederation of Indian Industry (CII), the PHD Chamber of Commerce and Industry (PHDCCI), and the Federation of Indian Chambers of Commerce and Industry (FICCI) presented a slew of recommendations aimed at bolstering economi
India's overall exports for May 2024, encompassing both merchandise and services, surged to USD 68.29 billion, reflecting a substantial year-on-year increase of 10.2 per cent, according to data released by the Commerce Ministry on Friday.