The document contains summaries of statements by FICCI (Federation of Indian Chambers of Commerce and Industry) on various economic issues in India:
1) FICCI comments on recent growth in manufacturing and efforts by the government and RBI to boost the sector.
2) FICCI comments that recent inflation data shows prices are under control but more needs to be done to address agricultural issues.
3) FICCI praises the improvement in India's World Bank ease of doing business ranking and hopes for further reforms.
How to setup manufacturing in india rcic.incasilicaseo
India is increasingly becoming the preferred location for businesses looking to set up a strong business foothold, especially in the Asia-Pacific region. The reasons for this could be manifold.
New Economic Zones could be a major driver of economic growth and job creation and could be a major factor in lifting Bangladesh into a middle-income country status by 2021.
BEZA was established to facilitate the development and operation of the economic zones throughout the country. The main objective of BEZA is to act as a change agent for faster economic growth by creating investment friendly environment and attracting FDI. We are encouraging private sector to establish economic zones. We are devoted to offer One-Stop Services and competitive incentive packages to the investors.
How to setup manufacturing in india rcic.incasilicaseo
India is increasingly becoming the preferred location for businesses looking to set up a strong business foothold, especially in the Asia-Pacific region. The reasons for this could be manifold.
New Economic Zones could be a major driver of economic growth and job creation and could be a major factor in lifting Bangladesh into a middle-income country status by 2021.
BEZA was established to facilitate the development and operation of the economic zones throughout the country. The main objective of BEZA is to act as a change agent for faster economic growth by creating investment friendly environment and attracting FDI. We are encouraging private sector to establish economic zones. We are devoted to offer One-Stop Services and competitive incentive packages to the investors.
Performance of Foreign Direct Investment in IndiaRHIMRJ Journal
An attempt is made in this paper to know Foreign Direct Investments (FDI) performance in India in terms of Merger
and Acquisition (M&A), Technology transfer and Research & Development (R&D). Beginning of the sections is done with
FDI policy in India. Initially, India has many restrictive policies but it is favorable after liberalization period to attract FDI in
India. Another section of the Paper discussed performance of M&A in terms of number, volume, country and industry wise,
Technology Transfer with suggested government policy and FDI inflow in R&D from the year 2000-2011(post liberalization
period). At the end of the paper,it has been concluded that growth of FDI Inflows is quite positive in above mentioned area.
SPECIAL ECONOMIC ZONE ( SEZ ) Case study Of West Bengal Kolkata SEZ RegionSudipDey40
Sez are Totally commercial area specially established for the promotion foreign trade.
Regions designated for economic development oriented toward inward FDI and exports fostered by special policy incentives.
Government policy - FIPA and Trade Agreement - India and Canadapaul young cpa, cga
This presentation will discuss the following areas when it comes to doing business with India
1. Ease of doing business
2. Anti-corruption Measures
3. Taxation
4. Regulatory Burden
5. FIPA
Atmanirbhar Bharat Stimulus decoded for Startups3one4 Capital
3one4 Capital is happy to help India’s startups decode the “Atmanirbhar Bharat” stimulus package. The scope of this note is limited to general areas of business and for measures that would be directly applicable to a majority of the portfolio companies. All founders are encouraged to go through the presentations for additional details. For specific measures for certain industries (agriculture, NBFCs, etc), kindly consult the presentation or reach out to the 3one4 Capital team. We are here to help. If you have any queries, reach us at hello@3one4capital.com
At a glance Bangladesh Economic Zones Authority and its ongoing project , Upcoming project, Objectives of BEZA , Potential law for investment , Bangladesh Economic Growth and Employment Generation.
Gujarat Industrial Policy, 2020 - "Atmanirbhar Gujarat"
Incentive for Relocation of Industries from other countries due to COVID-19 disruptions. Incentive/support for Large, MSME's, Startups, Industrial Infra, R & D and EoDB.
#msmes #Gujarat #industrialdevelopment #startupindia #subsidies #incentives #businessadvisory
The issue of widening of tax base of the country has been a subject matter which has received considerable attention of the successive Governments over the years. There has been intense debate on the subject in the recent past also. FICCI has come up with an analysis in the form of a paper titled ‘Widening of tax base and tackling black money’. The document identifies the root causes of generation of black money in India, sectors where black money generation is prevalent and suggestions to uncover the generation, accumulation and distribution of black money within the Indian economy. A copy of the aforesaid study has been submitted to the Revenue Secretary and other officials of the Ministry of Finance.
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Performance of Foreign Direct Investment in IndiaRHIMRJ Journal
An attempt is made in this paper to know Foreign Direct Investments (FDI) performance in India in terms of Merger
and Acquisition (M&A), Technology transfer and Research & Development (R&D). Beginning of the sections is done with
FDI policy in India. Initially, India has many restrictive policies but it is favorable after liberalization period to attract FDI in
India. Another section of the Paper discussed performance of M&A in terms of number, volume, country and industry wise,
Technology Transfer with suggested government policy and FDI inflow in R&D from the year 2000-2011(post liberalization
period). At the end of the paper,it has been concluded that growth of FDI Inflows is quite positive in above mentioned area.
SPECIAL ECONOMIC ZONE ( SEZ ) Case study Of West Bengal Kolkata SEZ RegionSudipDey40
Sez are Totally commercial area specially established for the promotion foreign trade.
Regions designated for economic development oriented toward inward FDI and exports fostered by special policy incentives.
Government policy - FIPA and Trade Agreement - India and Canadapaul young cpa, cga
This presentation will discuss the following areas when it comes to doing business with India
1. Ease of doing business
2. Anti-corruption Measures
3. Taxation
4. Regulatory Burden
5. FIPA
Atmanirbhar Bharat Stimulus decoded for Startups3one4 Capital
3one4 Capital is happy to help India’s startups decode the “Atmanirbhar Bharat” stimulus package. The scope of this note is limited to general areas of business and for measures that would be directly applicable to a majority of the portfolio companies. All founders are encouraged to go through the presentations for additional details. For specific measures for certain industries (agriculture, NBFCs, etc), kindly consult the presentation or reach out to the 3one4 Capital team. We are here to help. If you have any queries, reach us at hello@3one4capital.com
At a glance Bangladesh Economic Zones Authority and its ongoing project , Upcoming project, Objectives of BEZA , Potential law for investment , Bangladesh Economic Growth and Employment Generation.
Gujarat Industrial Policy, 2020 - "Atmanirbhar Gujarat"
Incentive for Relocation of Industries from other countries due to COVID-19 disruptions. Incentive/support for Large, MSME's, Startups, Industrial Infra, R & D and EoDB.
#msmes #Gujarat #industrialdevelopment #startupindia #subsidies #incentives #businessadvisory
The issue of widening of tax base of the country has been a subject matter which has received considerable attention of the successive Governments over the years. There has been intense debate on the subject in the recent past also. FICCI has come up with an analysis in the form of a paper titled ‘Widening of tax base and tackling black money’. The document identifies the root causes of generation of black money in India, sectors where black money generation is prevalent and suggestions to uncover the generation, accumulation and distribution of black money within the Indian economy. A copy of the aforesaid study has been submitted to the Revenue Secretary and other officials of the Ministry of Finance.
VENDO APARTAMENTO - APARTMENT FOR SALE - COL ESCALON - EL SALVADORhrginmobiliaria
HRG INMOBILIARIA EL SALVADOR + 503 7999 4893 WHATSAPP
Blog post: http://bit.ly/vendoescalon
APARTMENT FOR SALE - VENDO APARTAMENTO COL ESCALON
2 HABITACIONES
2 BANOS
AREA DE SERVICIO
PARQUEO PARA 2 VEHICULOS
VIGILANCIA 24 HRS
Microsoft Project le facilita la planificación de proyectos y la colaboración. Manténgase organizado y controle sus proyectos con el único sistema de administración de proyectos pensado para trabajar sin problemas con otras aplicaciones y servicios en la nube de Microsoft.
Educational and Employment Experience
To obtain a career in finance, accounting, and/or business management involving client service specializing in full scale US and foreign accounts; broaden and advance on job and educational background with a career opportunity
Road safety in India: Challenges and opportunities (2009)Rohit Sharma
The present report was designed to analyze the traffic safety situation in India, and to identify countermeasures for areas in which the total harm caused by crashes can be substantially and readily reduced. The report focuses on two aspects of traffic safety in India: challenges and opportunities. The first part of the report provides a comprehensive analysis of the current traffic safety situation in India. It is pointed out in this analysis that fatality rates have increased both on highways and in urban areas during the past few years. Theoretical models suggest that the number of fatalities in India is not likely to start to decline for many years to come unless new policies are implemented. Based on the present analysis, the following six areas are identified as having potential for substantially reducing fatalities in India: (1) pedestrians and other non-motorists in urban areas, (2) pedestrians, other non-motorists, and slow vehicles on highways, (3) motorcycles and small cars in urban areas, (4) over-involvement of trucks
and buses, (5) nighttime driving, and (6) wrong-way drivers on divided highways. The second part of the report outlines several promising countermeasures for each of these
six areas. The third part of the report presents a brief comparison of major traffic safety challenges in India and China.
Why India road transport and safety 2014 matters for citizens - EmbarqRohit Sharma
The last two decades have seen a dramatic increase in the overall number of vehicles used for road transport in India.
The total number of vehicles is expected to increase 3-4x to 500-600 million by 2030.
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CASA Y TERRENO EN VENTA EN CARRETERA TRONCAL DEL NORTE - PERFECTA PARA BODEGA, TALLER, NEGOCIO.
T: 5,686 V2 / C: 102.4 M2
As we know in India road accidents plays very brutal role everyday, India lost a healthy people everyday because of silly mistakes which will not considerable. If government of India and People conscious about all road safety and improvement in traffic rules and awareness in people about road safety, we will save a valuable life's.
What do women expect from their bank? Is there a difference between women and men in a relationship? Sanoma Pulse Banking answers these questions for Belgian Women.
India Inc. endorses Government’s Speed of Decision making and Implementation Agenda. Sumit Mazumder, President, CII, addressed CII's first Press Conference on its National Agenda 2015-16. Since coming to power in May 2014, the new government has adopted several measures to generate positive sentiment about the Indian economy. CII’s theme for the year is to Build India: Invest in Development. This would involve CII’s engagement in four broad areas: promoting growth and competitiveness, developing human capital, promoting infrastructure investments encouraging social development. CII is involved in three national missions – on smart cities, on digital India and on Sanitation in schools. CII is working with central, state and local governments for the successful implementation of these missions.
The topic was delivered by Shri B.S. Mubarak IFS, Director (South) – Ministry of External Affairs, Government of India, Delhi | Former Consul General of India in Saudi Arabia.
FICCI's "One Year of GST" Survey 2018 finds that most respondents are happy with the implementation of this reform, with 76% respondents stating that GST has a positive impact on their businesses.
Trends & Opportunities for Indian Pharma is a knowledge paper highlighting the upcoming trends and related opportunities in Indian pharmaceuticals industry
For the forthcoming Union Budget, banks demand full tax deduction on the NPA provisioning; reduction in corporate tax rate; and accelerated investments in infrastructure sector
FICCI’s latest Quarterly Survey on Manufacturing suggests slight improvement in the manufacturing sector outlook in the first quarter (April – June 2017-18) of the fiscal as the percentage of respondents reporting higher production in first quarter have increased vis-à-vis previous quarter.
Business Confidence Survey points that market demand has weakened following demonetization and that Union Budget 2017-18 is crucial for stimulating economy
Economists polled expect status quo in forthcoming monetary policy but rate cut likely in first half of FY 2017-18; Union Budget 2017-18 to be expansionary with fiscal stimulus to counter effects of demonetisation
FICCI-IBA conducted the fourth round of Bankers survey for the period July to December 2016, which saw participation by 17 banks representing 52% of the total banking industry (by asset size) and includes public, private as well as foreign banks
The results of FICCI’s latest Business Confidence Survey points towards a sanguine mood among members of India Inc. The Overall Business Confidence Index (OBCI) rose to a six quarter high. The index value stood at 67.3 in the current survey, vis-à-vis 62.8 in the last round.
FICCI Survey brings to the fore the concerns of India Inc. over the possible near term impact of ‘Brexit’ on Indian business and the economy. Yet, it remains sanguine that the UK will make renewed efforts to strengthen ties with countries of the Commonwealth group and India stands to gain given its own growth performance and a much better regulatory and business environment. The respondents were hopeful that this can be an opportunity for India and UK to make renewed efforts to strengthen ties.
More from Federation of Indian Chambers of Commerce & Industry (FICCI) (20)
The world of search engine optimization (SEO) is buzzing with discussions after Google confirmed that around 2,500 leaked internal documents related to its Search feature are indeed authentic. The revelation has sparked significant concerns within the SEO community. The leaked documents were initially reported by SEO experts Rand Fishkin and Mike King, igniting widespread analysis and discourse. For More Info:- https://news.arihantwebtech.com/search-disrupted-googles-leaked-documents-rock-the-seo-world/
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What is the TDS Return Filing Due Date for FY 2024-25.pdfseoforlegalpillers
It is crucial for the taxpayers to understand about the TDS Return Filing Due Date, so that they can fulfill your TDS obligations efficiently. Taxpayers can avoid penalties by sticking to the deadlines and by accurate filing of TDS. Timely filing of TDS will make sure about the availability of tax credits. You can also seek the professional guidance of experts like Legal Pillers for timely filing of the TDS Return.
[Note: This is a partial preview. To download this presentation, visit:
https://www.oeconsulting.com.sg/training-presentations]
Sustainability has become an increasingly critical topic as the world recognizes the need to protect our planet and its resources for future generations. Sustainability means meeting our current needs without compromising the ability of future generations to meet theirs. It involves long-term planning and consideration of the consequences of our actions. The goal is to create strategies that ensure the long-term viability of People, Planet, and Profit.
Leading companies such as Nike, Toyota, and Siemens are prioritizing sustainable innovation in their business models, setting an example for others to follow. In this Sustainability training presentation, you will learn key concepts, principles, and practices of sustainability applicable across industries. This training aims to create awareness and educate employees, senior executives, consultants, and other key stakeholders, including investors, policymakers, and supply chain partners, on the importance and implementation of sustainability.
LEARNING OBJECTIVES
1. Develop a comprehensive understanding of the fundamental principles and concepts that form the foundation of sustainability within corporate environments.
2. Explore the sustainability implementation model, focusing on effective measures and reporting strategies to track and communicate sustainability efforts.
3. Identify and define best practices and critical success factors essential for achieving sustainability goals within organizations.
CONTENTS
1. Introduction and Key Concepts of Sustainability
2. Principles and Practices of Sustainability
3. Measures and Reporting in Sustainability
4. Sustainability Implementation & Best Practices
To download the complete presentation, visit: https://www.oeconsulting.com.sg/training-presentations
Attending a job Interview for B1 and B2 Englsih learnersErika906060
It is a sample of an interview for a business english class for pre-intermediate and intermediate english students with emphasis on the speking ability.
RMD24 | Retail media: hoe zet je dit in als je geen AH of Unilever bent? Heid...BBPMedia1
Grote partijen zijn al een tijdje onderweg met retail media. Ondertussen worden in dit domein ook de kansen zichtbaar voor andere spelers in de markt. Maar met die kansen ontstaan ook vragen: Zelf retail media worden of erop adverteren? In welke fase van de funnel past het en hoe integreer je het in een mediaplan? Wat is nu precies het verschil met marketplaces en Programmatic ads? In dit half uur beslechten we de dilemma's en krijg je antwoorden op wanneer het voor jou tijd is om de volgende stap te zetten.
Business Valuation Principles for EntrepreneursBen Wann
This insightful presentation is designed to equip entrepreneurs with the essential knowledge and tools needed to accurately value their businesses. Understanding business valuation is crucial for making informed decisions, whether you're seeking investment, planning to sell, or simply want to gauge your company's worth.
Enterprise Excellence is Inclusive Excellence.pdfKaiNexus
Enterprise excellence and inclusive excellence are closely linked, and real-world challenges have shown that both are essential to the success of any organization. To achieve enterprise excellence, organizations must focus on improving their operations and processes while creating an inclusive environment that engages everyone. In this interactive session, the facilitator will highlight commonly established business practices and how they limit our ability to engage everyone every day. More importantly, though, participants will likely gain increased awareness of what we can do differently to maximize enterprise excellence through deliberate inclusion.
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Enterprise Excellence is a holistic approach that's aimed at achieving world-class performance across all aspects of the organization.
What might I learn?
A way to engage all in creating Inclusive Excellence. Lessons from the US military and their parallels to the story of Harry Potter. How belt systems and CI teams can destroy inclusive practices. How leadership language invites people to the party. There are three things leaders can do to engage everyone every day: maximizing psychological safety to create environments where folks learn, contribute, and challenge the status quo.
Who might benefit? Anyone and everyone leading folks from the shop floor to top floor.
Dr. William Harvey is a seasoned Operations Leader with extensive experience in chemical processing, manufacturing, and operations management. At Michelman, he currently oversees multiple sites, leading teams in strategic planning and coaching/practicing continuous improvement. William is set to start his eighth year of teaching at the University of Cincinnati where he teaches marketing, finance, and management. William holds various certifications in change management, quality, leadership, operational excellence, team building, and DiSC, among others.
"𝑩𝑬𝑮𝑼𝑵 𝑾𝑰𝑻𝑯 𝑻𝑱 𝑰𝑺 𝑯𝑨𝑳𝑭 𝑫𝑶𝑵𝑬"
𝐓𝐉 𝐂𝐨𝐦𝐬 (𝐓𝐉 𝐂𝐨𝐦𝐦𝐮𝐧𝐢𝐜𝐚𝐭𝐢𝐨𝐧𝐬) is a professional event agency that includes experts in the event-organizing market in Vietnam, Korea, and ASEAN countries. We provide unlimited types of events from Music concerts, Fan meetings, and Culture festivals to Corporate events, Internal company events, Golf tournaments, MICE events, and Exhibitions.
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At its core, generative artificial intelligence relies on the concept of generative models, which serve as engines that churn out entirely new data resembling their training data. It is like a sculptor who has studied so many forms found in nature and then uses this knowledge to create sculptures from his imagination that have never been seen before anywhere else. If taken to cyberspace, gans work almost the same way.
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Cracking the Workplace Discipline Code Main.pptxWorkforce Group
Cultivating and maintaining discipline within teams is a critical differentiator for successful organisations.
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1. • FICCI's REACTION TO IIP DATA
The growth in manufacturing seems to be accelerating and we are hopeful of higher growth in the coming
months. With the growth in manufacturing getting broad-based now and capital goods also posting a
healthy growth for the first five months, Government’s efforts to revive manufacturing has started
yielding results, said FICCI. Reduction in the interest rates last month by RBI is expected to encourage
investment and aggregate demand in the economy. However, Government needs to continue to take
measures to create an enabling environment for business to provide impetus to the manufacturing growth
and investments.
• FICCI COMMENTS ON WPI DATA
The recent data on both WPI and CPI shows that inflationary pressures are largely in control. The uptick
seen in the case of select agricultural commodities needs to be dealt with through both short and long
term measures. The government is fully geared to the situation and has lined up imports of pulses. We
need to continue to work on addressing the structural challenges both in the food supply chain and in
overall agri-productivity levels, said FICCI.
Recent IIP numbers have been encouraging. Following the cut in the policy rate by RBI, several banks have
revised their base rate downwards. However, there is room for further cut in the lending rate by the
banks. As the gains of a lower interest rate regime get transferred to both consumers and investors,
demand would pick up and we hope this brings pricing power back into the hands of the producers.
• FICCI COMMENTS ON INDIA’S POSITION ON WORLD BANK’S DOING BUSINESS RANKINGS
The improvement in India’s Doing Business ranking by 12 positions shows that the Government’s efforts
in enhancing ease of doing business and providing an enabling environment for growth of industry has
yielded results, said FICCI. Various reforms have been taken for simplification of rules, procedures and
compliances and many more are under way. The Government is proactively working with the States in
streamlining various processes and we are confident that further improvement will be seen in years
ahead.
FICCI’s Voice – SG’s Desk is a service to all our members. The document is a compilation of major topical
issues that we take up with the Central, State governments and other concerned authorities. These
issues come to us directly from members, or through deliberations in conferences, seminars etc. on
sectoral issues, as also through Government notifications.
NOVEMBER 2015
2. • FICCI COMMENTS ON DRAFT NATIONAL CIVIL AVIATION POLICY 2015
Commenting on the Draft National Civil Aviation Policy 2015, FICCI said that this is a welcome step which
was long overdue. The Draft Policy has laid down the long-term roadmap for developing India as the third
largest aviation market. It is a clear signal for taking air-travel to the masses and promoting regional
connectivity. FICCI compliments the Government for proposing a policy-framework towards ensuring a
safe and sustainable development of the aviation industry.
It is encouraging that Government is planning to coordinate with all the stakeholders to provide greater
regulatory certainty under the PPP mode. Also commendable is the proposal for exempting MRO, cargo,
ground handling players from all charges, other than a reasonable lease rental at all the future airport
projects in the country. These are critical to the growth of the Indian aviation sector.
The draft policy has also focused on promoting the Make in India program and developing indigenous
aero-related manufacturing with the help of global OEMs. We welcome the proposal of exempting Service
Tax on output services of MRO and granting infrastructure status to MRO, ground handling, cargo and ATF
infrastructure co-located at airports to avail the fiscal benefits under Section 80-IA of the Income Tax Act.
FICCI is also happy with the Government’s proposals for introducing the Regional Connectivity Scheme
(RCS) and developing heli-hubs across the country. It will contribute to the growth of remote areas and in
turn have positive implications for overall growth of the economy.
• PPP NOW A VIABLE MODEL
The government is set to announce 15-16 road infrastructure projects under the Public-Private
Partnership (PPP) mode in December this year and plans to roll out 100 projects next year.
FICCI said adequate investment in infrastructure creation is a pre-requisite for higher economic growth.
Due to low investment in infrastructure development, India suffers from a huge deficit in this area.
According to Mckinsey & Company, average infrastructure investment in India in 1992-2010 was 4.7% of
GDP, as against over 7.3% in countries like China, Indonesia and Vietnam.
The Government has embarked on a policy of promoting PPP as a means of augmenting investment in
infrastructure. While measures have been taken since the mid-1990s, PPPs gained momentum during the
Tenth and Eleventh Plan periods. PPP projects are facing various difficulties. Some of the factors leading
to delays in PPP projects include land acquisition, environmental and forest clearances, change of scope,
statutory clearances, equity crunch, delays in tie-up for project financing, etc. We recognize that the
Government has been working towards expediting completion of the stalled projects and revival of the
PPP projects. And there are positive developments – for example, participation of the private sector in
PPP highway projects has started showing signs of recovery.
• NEED TO HARNESS POTENTIAL OF GOLF TOURISM TO RAISE INFLOW OF FOREIGN TOURIST
ARRIVALS
FICCI said that India has 220 Golf courses across the country which includes 25 signature Golf Courses
right from Jammu & Kashmir in north India to the deep south of India. The country not only offers golf but
also its rich culture, history, monuments, mountains, beaches and hospitality. Although golf from a
tourism perspective is a niche area yet it has a huge potential and the second edition of the FICCI Golf
3. Tourism Summit is testament to this. Around 18 leading foreign golf tour operators from 16 countries
participated at the summit to explore what golf in India has to offer, as a sport and as a golfing destination.
• FICCI CALLS FOR A RELOOK AT THE GAS PRICING FORMULA TO REFLECT REALITIES OF INDIAN
MARKETS
FICCI strongly advocates a gas pricing mechanism which adequately remunerates domestic E&P activity,
and ramps up India’s domestic gas supply volumes. Not only is this imperative for the development of
domestic hydrocarbon industry, but is vital towards ensuring India’s energy security. A pricing regime
should be reflective of the enormous geological risks and production uncertainties which are inherent in
geography such as India.
FICCI has insisted that the current gas pricing formula be relooked, as it is unfairly biased towards the
pricing in gas surplus economies such as the United States, Canada and Russia and is not consistent with
realities of the Indian Market. This view has also been corroborated by rating agencies Standard & Poor
and Moody’s which have recommended that the pricing formula incorporate prices in similar geographies
such as Indonesia and Thailand average around $8-10/mmbtu.
FICCI emphasized that India’s vast untapped reserves in deepwater, ultra-deepwater as well as North East
and frontier basins can only be brought online by creating a favorable pricing regime which incentivizes
both domestic and foreign Oil & Gas majors to commit significant amounts of risk capital and advanced
engineering solutions in these areas. Furthermore, he added that the higher premium for deepwater,
ultra-deepwater along with high pressure and high temperature fields, as previously announced by the
Government needs to be implemented expeditiously. This incentive also needs to be extended to all
existing discoveries.
Continuing with the current gas pricing regime will severely affect India’s larger goal of reducing oil import
dependency and building the domestic hydrocarbon capacity as envisaged in Hon’ble Prime Minister’s
“Make in India” initiative.
• SMART CITIES: FICCI TO BOOST INDUSTRY – GOVERNMENT PARTNERSHIP
FICCI said that the mission of 100 smart cities to transform the nation is a new and bold initiative of the
Government of India. Urbanization has complex environmental, economic and social issues. Thorough
planning, efficient financial and administrative structuring is required to accomplish the Smart City
initiative. We also need solutions to reinvent our existing cities to make them green, inclusive and IT
friendly.
FICCI has created an Urban Infrastructure and Smart Cities Committee whose objective is to forge
partnership between the Government and industry to develop smart cities. FICCI has recently signed an
MOU with the city of Pune to develop Pune as a smart city through mobilization of industry expertise and
resources.
4. • FICCI RECOMMENDS 16-POINT AGENDA TO POSITION INDIA AS MOST PREFERRED HEALTHCARE
DESTINATION
In a bid to leverage the inherent comparative and competitive advantages as a nation and position India
as the most preferred healthcare destination, FICCI has made wide-ranging recommendations to
capitalize on the available opportunities in the Medical Value Travel (MVT) market.
FICCI has recommended the following 16-point agenda for action:
• Simplified and relaxed medical visa regulations for patients including visa on arrival
• Multiple entry medical visa to facilitate follow-up treatments
• Promotion of MVT by Indian Embassies
• Medical facilitation desk at Indian airports for medical visa holders to eliminate the problem of
touts
• Faster immigration facilities at Indian airports
• An Advisory or Checklist should be provided at the time of grant of medical visa
• Access to put ambulance and stretchers at airports
• Fiscal laws to be relaxed for genuine foreign patients, allowing them to transfer money to India,
in case of additional requirements
• Nodal agencies need to be created to regularly meet and discuss ways to promote and improve
the Indian MVT. Representatives from the government, public and private sectors need to
participate
• Single consultative platform, representing all the ministries involved in medical tourism, is
required to aid endorsement and facilitation of medical tourism at national level
• Process to be expedited for a nationally authenticated/recognized health portal by the
government, with all the required information related to various healthcare options available,
credible healthcare service providers as well as ranking of facilities
• Extensive PR campaign, by the government, to promote India as the preferred MVT destination
on the same lines as “Incredible India” and also to spread the word that Indian healthcare
providers are accredited by credible and internationally recognized authority (NABH)
• Proper training of nurses as they form the back-bone of any treatment requiring hospitalization.
• There is requirement for Indian doctors to conduct OPDs / procedures outside India. This is often
a lengthy and tedious process
• Improving basic infrastructure, such as roads and airport facilities, in the medical hubs of the
country and
• Promote NABH platform globally
• FICCI PLEDEGES SUPPORT TO INDIA – CENTRAL EUROPE BUSINESS FORUM
FICCI stated that the Indian IT industry is today globally acknowledged. India is also a global leader in
pharma manufacturing. Economic cooperation between India and Central Europe will help in boosting the
bilateral pharma trade. With its large consumer base, India has emerged as an investment destination and
the world is looking at India in a highly positive manner.
The ‘Make in India’ campaign and ‘Digital India’ initiative of the Government of India has opened vast
avenues for businesses to cater across all economic sectors. FICCI committed full support to ICEBF to be
organised as an annual flagship forum.
5. • GERMANY’S PARTNERSHIP FOR SUSTAINABLE TEXTILESTO STRENGTHEN TEXTILE VALUE CHAIN
Germany’s Partnership for Sustainable Textiles aims to improve the conditions along the complete textile
value chain. The alliance comprises more than 150 member organizations, currently covering nearly 45
per cent of the German textile retail industry and is aiming at a long-term market coverage of 75 per cent.
The aim of the Partnership for Sustainable Textiles is to bring about continuous improvement of social,
ecological and economic sustainability along the entire textile chain.
FICCI pointed out that Indian Textiles sector is dependent on exports in a major way. India currently
exports over US$ 1.8 billion of textiles and textile items to Germany annually. Hence, it is important that
Indian textile industry is integrated in the global supply chain. The world today is moving fast towards the
sustainable solutions and is increasingly moving towards the sustainable supply chain. Germany is the
global leader in such sustainable and smart solutions.
For more details contact FICCI Membership
at tripti.kataria@ficci.com