Tuesday, 25 January, 2022
TopicCII

Topic: CII

Reduce stake in PSU banks to 50%, provide job incentives to firms — CII’s wishlist for Budget

The industry body headed by Uday Kotak has made the suggestions to Finance Minister Nirmala Sitharaman as part of pre-Budget consultations

Single window clearance for investors by March end, will enable easy access to policymakers

Move expected to improve ease of doing business for firms as the Modi government also works on faceless technology for indirect taxation.

Don’t extend loan moratorium, allow one-time restructuring — HDFC chief Deepak Parekh to RBI

CII chairman Uday Kotak also pitches for one-time loan restructuring — as was done in the aftermath of the global financial crisis of 2008.

Modi says will get growth back, promises more structural reforms and seeks self-reliance

In an address to CII, PM Modi calls the Indian economy his govt’s priority as he asks industry leaders to 'make in India' but for the world.

Industry needs to reset relations with workers, says Nirmala Sitharaman

The Finance Minister was speaking at a Confederation of Indian Industry conference, where she also said that the government trusts industry fully and comprehensively.

Industry leaders want manufacturing to reopen even in red zones, with adequate safeguards

Industry bodies, leaders say protracted lockdown has started building pressure on businesses, affecting prospects of overall growth and development in India.

On Camera

YourTurn

Liberals mourning India Gate flame must also recall some dark aspects of the colonial Army

The moving of the flame seems, to some, as part of an ongoing extinguishing of the Indian Army’s heritage of secularism, decency and righteousness.

South-East Asia’s SMEs are underperforming. Their ‘digital revolution’ depends on fintech

Digitisation of South-East Asia's economy during the pandemic is uneven. The growth in digital services has favoured individual consumers, not SMEs.

Defence

File photo of Scorpene-class submarine 'INS Vela', at the Naval Dockyard in Mumbai | ANI

Kamov choppers, submarine torpedoes among deals defence ministry will review this week

Ministry is reviewing all procurement under the ‘Buy (Global)’ category, under which equipment is bought directly from foreign manufacturers, amid govt's 'Atmanirbhar' push.

Modi vs non-BJP CMs: When most popular isn’t all-powerful & why Centre-state ties will worsen

Modi’s inability to win many states, and the huge popularity his rivals enjoy there, is pushing Indian politics in a more robustly federal direction.
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