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Chandrajit Banerjee News

12 Dec 2017

Exclusive: CII chief on what Fitch, S&P and Moody's ratings mean for India

In an interview with Zee Media, CII Director General Chandrajit Banerjee shares his views on India's growth prospects, expectations for an upward trajectory and more.

02 Feb 2016

Disappointed, India Inc presses for rate cut, again

With RBI keeping the policy rate on hold, India Inc Tuesday said a rate cut is imperative to lower cost of funds for the industry and spur investments, crucial for sustaining high economic growth.

29 Nov 2015

Domestic agenda should be top priority at Paris meet: CII

Commitments at the climate conference in Paris should be made taking into account the domestic development realities and high costs of transition to low-carbon growth, CII said.

02 Sep 2015

'Decision to scrap MAT will boost India's investment position'

Industry body CII Wednesday said the government's announcement that minimum alternate tax will not be imposed on overseas portfolio investors retrospectively will boost India's position as a favourable investment destination, help reduce litigation and resolve disputes.

16 Aug 2015

Black money: CII lauds govt's efforts to fight menace

A day after Prime Minister Narendra Modi in his Independence-Day speech talked about the steps taken to unearth black money, industry chamber CII Sunday hailed the government's efforts to fight the menace while advocating 'stringent punishments' for offenders.

04 Aug 2015

Parliamentary logjam holding up GST, other key bills: CII

Continued logjam in Parliament is delaying passage of key Bills like GST, which are crucial for economic growth, industry body CII said Tuesday.

17 May 2015

Government forms task force on capital goods to tackle irritants

The Heavy Industries Ministry has set up a task force to sketch out a road map for the country's capital goods sector.

06 May 2015

GST to boost growth rate by 1.5 percentage points: Industry

Welcoming the passage of GST Bill in the Lok Sabha, industry and experts said roll out of the new tax regime would add 1.5 percentage points to the economic growth and create a common market across the country.

26 Jan 2015

Obama's visit signifies inflection point in US-India bilateral relationship: CII

Director General of Confederation of Indian Industry (CII), Chandrajit Banerjee, has said that US President Obama's visit as the Chief Guest at Republic Day signifies an inflection point in the US-India bilateral relationship.

06 Jul 2014

CII on Budget: Help restore higher domestic savings rate

The first Budget of the Narendra Modi government would do well to initiate steps that would restore domestic savings rate level to at least 35 percent of GDP through tax incentives, says industry body CII.

Industrial licence

02 Jul 2014

CII hails govt move to extend validity of industrial licence

Industry body CII on Wednesday said the government's decision to extend validity period of industrial licence to three years sends a strong signal that it is committed to enhance the ease of doing business in India.

15 Jun 2014

CII suggests action plan for revival of NBFCs

Industry body CII has suggested a five-point agenda to breathe life into the country's NBFCs, which are grappling with a steep rise in NPAs, slow loan growth and elevated funding costs amidst a stringent regulatory environment.

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