Capital investment outlay is being increased steeply for the third year in a row by 33 per cent to Rs 10 lakh crore, which would be 3.3 per cent of GDP. This will be almost three times the outlay in 2019-20.
Among the lists of recommendations, the industry body has highlighted the creation of demand or consumption, ease of doing business, reduction in cost of doing business, deployment of the latest infrastructure, strengthening the MSMEs, and supporting the tourism sector, among others.
"ECGC is reluctant to issue the coverage to EXIM bank because of the default committed by Sri Lanka and Zambia. This is adversely affecting the overall export performance of Indian exporters,"
said PHDCCI President, Saket Dalmia.
PHDCCI said for start-ups, ESOPs are the key to attract and incentivise talent. These should not be taxed as recipients do not have ready cash in their hands at that point and the taxation should be on the final sale of shares, the industry body said.
Kant, G20 Sherpa India, appreciated PHDCCI for organizing the first interaction with the G20 officials and the industry, after the launch of the official logo and theme for India's G20 Presidency by the Prime Minister earlier today.
The president of the industry body on Wednesday said calibrated efforts undertaken by the government and Reserve Bank of India (RBI) have significantly impacted the escalation in the wholesale prices.
New Delhi [India], October 1 (ANI/NewsVoir): Dr Raghupati Singhania, Chairman and Managing Director, JK Tyre & Industries Limited, was conferred the prestigious 'Lifetime Achievement Award 2022' at PHDCCI's 117th Annual Session 2022, celebrating India's Pursuit for Self-Reliance. The acc
New Delhi [India], September 30 (ANI/ Agarwal Packers and Movers Ltd.): Agarwal Packers and Movers Ltd. has bagged the most prestigious PHDCCI Outstanding Social Welfare Award 2022 conferred by the Speaker of Lok Sabha of India, Hari Om Birla at the PHD Chamber of Commerce & Industry'
New Delhi [India], September 30 (ANI): While most countries across the world are still facing difficulties and have not been able to recover from the disruptions caused by the COVID-19 pandemic, India has emerged as the best performer among the large economies, Union Commerce and Industry Mi
The tournament of Clay Pigeon Trap, 10-Metre Rifle and 10-Metre Pistol shooting witnessed the participation of over fifty shooting enthusiasts including diplomats, senior government officials, media-persons and industry leaders.
New Delhi [India], April 15 (ANI): Foreign Direct Investment (FDI) inflow to India is expected to reach $100 billion in the current financial year supported by various ground touching economic reforms and significant ease of doing business in the recent years, PHD Chamber of Commerce and Ind
New Delhi [India], March 26 (ANI): Retail price of petrol and diesel has been increased by Rs 3.2 per litre in the last five days. Prices are set to be raised further given the sharp jump in crude oil prices in the international markets. It will have a cascading impact on the prices of ot