Page 3 - Ficci

Govt should spend 2.5% of GDP on health sector, says FICCI panel chief

The Budget Session of Parliament will commence on July 22 and subject to exigencies of Government Business, the session may conclude on August 12

Ficci appoints Jyoti Vij as new director general with immediate effect

In another development, Shailesh Pathak, secretary general, Ficci has resigned citing personal reasons

Food processing industry should focus on quality, says Anita Praveen

Addressing stakeholders, secretary said that the industry will have to stand for itself by building quality products, adding that ultra-processed food cannot become the cause of disease

Hope India-UK FTA not far away, says incoming Ficci UK Council chair

The proposed India-UK free trade agreement is hopefully not far on the horizon as it will offer immense opportunity to be leveraged within the bilateral partnership, said the new chair of a trade council that has played a key role in shaping the ongoing negotiations. UK-based tech professional Priya Guha, who invests in women-led innovation as Venture Partner of Merian Ventures, took over as chair of the Federation of Indian Chambers of Commerce and Industry (FICCI) UK Council from Baroness Usha Prashar at a hand-over ceremony at the High Commission of India in London on Monday evening. The India-UK Free Trade Agreement (FTA) negotiations opened in January 2022 and are aimed at significantly enhancing bilateral trade currently worth around GBP 38.1 billion a year. The negotiations are now in their fourteenth round of talks, and likely to pick up pace following the Indian general election. Guha, the British Indian investor, expressed the hope that the bilateral partnership would ..

Need more doctors, hospital beds to achieve healthcare vision 2047: Report

There is a need to increase the number of qualified doctors to more than 50 lakh and also add 30 lakh more hospital beds in the country in order to achieve India's healthcare vision 2047, according to a report. The increase in the number of doctors and beds in hospitals would help India get closer to the average of developed countries, as per a FICCI-EY Report titled 'Decoding India's Healthcare Landscape'. India has witnessed a significant increase in the number of medical colleges and MBBS seats, addressing the growing demand for healthcare professionals, it said. The number of registered allopathic doctors witnessed substantial growth, rising from 6,60,801 in 2005 to 13,08,009 such doctors in 2022, the report said. Similarly, the bed capacity in government hospitals across India has consistently grown from 4.7 lakh beds in 2005 to 8.5 lakh beds in 2021. The report also highlighted the importance of having 100 per cent health insurance coverage for the country's population. It

Ficci, IESA sign contract to foster innovation in semiconductor industry

The Federation of Indian Chambers of Commerce and Industry (FICCI) and the India Electronics and Semiconductor Association (IESA) have signed a Memorandum of Understanding to promote innovation, support the semiconductor and electronics industry, and strengthen supply chains. The MoU, signed on April 14, establishes a framework for long-term collaboration between the two organisations. "This collaboration will focus on establishing a joint task force on semiconductors and future critical technologies. The core objective of this MoU is to conduct technology consultative roundtables and foster business partnerships," said S K Pathak, secretary general of FICCI, in a press release. Ashok Chandak, president of IESA, expressed optimism during the MoU signing and said, "By leveraging IESA's domain expertise and FICCI's influential member network, we are poised to significantly increase investments from Indian conglomerates in the semiconductors and electronics sectors." Veerappan, ...

Stakeholders seek more time for feedback on Digi Competition Bill

Industry associations say that consultations on the contentious bill should not be pushed through during the elections

Raj govt to hold tourism festival 'Great Indian Travel Bazaar' from May 5-7

The state government plans to showcase its tourism infrastructure during the event.

Joyshree Das Verma takes over as FICCI Ladies Organisation president

Joyshree Das Verma took over as the 41st National president of FICCI Ladies Organisation (FLO), the oldest women-led and women-centric business chamber of South East Asia for 2024-25. She has been appointed by Israel as its Honorary Consul for Northeast India. Verma is also the Director of HR firm Kaapro Management Solutions Pvt Ltd. "I am honoured to lead FICCI FLO as the 41st National President. Under the theme 'Collective Vision, Collaborative Action for the year 2024-25, our endeavour is to build a strong, inclusive community dedicated to sustainable progress, fostering individual growth, and inspiring impactful change," she said.

What are the speed-breakers faced by Indian gig-workers on the fast lane?

The Congress party has recently promised to bring in a new law for the gig and platform economy. Take a look at the lives of gig workers as they navigate through an unregulated sector

Coworking firm 315Work Avenue aiming to double India portfolio in 18 months

Amid growing demand for flexible office spaces, the company is in 'advanced discussions' to enter Delhi-NCR and Hyderabad markets

Industry bodies ask SC to defer release of electoral bond numbers

The apex court said that the industry bodies could not be given any precedence over other applicants and their plea was not listed for the hearing

Medium of exchange

Digital media presents both opportunities and risks

Newspaper biz growing after 5 years, how publishers will use this bounty?

Indian newspapers are in better shape than their American or European counterparts because home delivery and reading habit ensures that circulation doesn't plummet the way it has in the US or Europe

Digital to overtake TV in revenues by the end of 2024: FICCI-EY report

The media sector is expected to grow by 10.2% to reach Rs 2.55 trillion by 2024

Despite high prices, more Indians want to buy a 3 BHK home: FICCI-Anarock

This is despite the fact that 55% of Indians believe their disposable income had been 'majorly' impacted by inflation

Next gen reforms to top third-term agenda, says FM Nirmala Sitharaman

Sitharaman said that among other areas of focus, the government is also going to ramp up investment in the logistics sector which has immense untapped potential along with tourism

Digital infrastructure is a modern day factor of production: FM Sitharaman

Sitharaman was speaking at the National Conclave on Viksit Bharat 2047 organised by the Federation of Indian Chambers of Commerce and Industry (FICCI)

Things have changed from UPA to UPI, says Anurag Thakur at FICCI event

India will become a developed nation much before 2047 through initiatives of the government and contributions from all quarters, including the industry, Union Information and Broadcasting Minister Anurag Thakur said here on Tuesday. Addressing the Viksit Bharat @ 2047 conclave organised by the Federation of Indian Chambers of Commerce and Industry (FICCI), Thakur said India moved from being counted among the fragile five economies in the world to the top five due to the bold policies and decisions taken by Prime Minister Narendra Modi. The senior BJP leader said the prime minister was empowered to make tough decisions because of the clear mandate he received in the elections. "If you look back at 2014, we were among the fragile five economies of the world. There were corruption cases. There were many other issues faced by a lot of people where the delivery was a big challenge. From a lost decade to 'techade', how this journey has been from the time of UPA to the time of UPI, I think

Manufacturing sentiment remains upbeat in Q3, Q4 for FY24: Ficci survey

The survey found that 85 per cent of respondents in the current fourth quarter of the financial year 2023-24 are expecting a higher number of orders compared to 73 per cent in the previous quarter