Live Search
News:
IT Training for the Leather Companies Held at Ambur, Chennai.FDDI launches Placement Linked Skill Development Programme.Indira Gandhi Paryavaran Puraskar.Leather Sector Impact -Interim Budget 2009-10.Panabaaka Lakshmi assumes charge as Minister of State for Textiles.Dayanidhi Maran unveils comprehensive strategy for revival of Textiles Industry.Dr. Reddy’s receives approval for Three INDs and announces reorganisation of its Drug Discovery Oper.Dr. Reddy’s announces ANDA approval of Omeprazole Mg OTC.Sun Pharma announces USFDA tentative approval for generic Uroxatral Extended.Tata Motors May domestic sales at 38,392 nos..Hyundai i20 gets five-star Euro NCAP result.Hyundai cumulative sales up by 8.4% in May ‘09.Ritz conforms to BS-IV norms.Maruti Suzuki sales in May 2009.High-level policy conference on MSMEs and the economic crisis.CII’s Business Outlook Survey.VASCO’s DIGIPASS Pack authentication solutions for SMBs available in Europe, India and Australia.HCL showcases future gadgets at COMPUTEX 2009.HCL Infosystems kick starts Green Bag campaign.Fujitsu’s introduces third generation x10sure solution.HCL launches ‘Leaptops Z39’ in India.Nortel opens global network operations centre in India.Avaya’s new initiatives for mid-size contact centre market.Wipro launches hosted document management solution.Nakoda proposes expansion and backward integration.Nakoda Textile commissions FDY lines plant at Karanj.Dr. Reddy’s receives approval for three INDs.Daiichi Sankyo and Ranbaxy announce reconstitution of Ranbaxy executive leadership.Ranbaxy consolidates presence in dermatology.Honda Jazz to sport a “Made for India” Engine.Tata Motors raises Rs 4200 crores through innovative debenture issuance.Skoda launches the New Laura.Hyundai adds to its alternate fuel range.Maruti Suzuki sales in April 2009.Tata Nano draws over 2.03 lakh bookings.Hyundai sales grow at 10.9% in April ‘09.Maruti Suzuki launches Ritz.Bata Industrials gets BIS certification for its safety shoes.Bata brings the best of footwear fashion to Kota.Nakoda in Textile Park.fMM&T India 2009: India Expo Centre Expo XXI, Greater Noida, New Delhi.LERROS launches stores and licenses in India.Industry sees signs of revival: CII.Marginal signs of recovery for Manufacturing: CII M-ASCON Survey.Credit delivery for micro and small enterprises.Sun Pharma announces USFDA tentative approval for generic Uroxatral Extended Release ® tablets.Sun Pharma announces USFDA approval to market generic Roxicodone® tablets.Dr. Reddy’s launches Nexret™.Ranbaxy commences phase-III clinical trials for its new anti-malarial molecule.Jaguar Land Rover to enter Indian market.Fabindia extends its international presence.Scheme for OBC quota reservation in NIFT.Honda Siel ties-up with Punjab National Bank for car finance.Mercedes-Benz India inaugurates its new manufacturing plant.Hyundai drives into rural India with ‘Hyundai Utsav’.Statement from Tata Motors on the production of the Tata Nano.Over 1.2 million online test drives for Tata Nano.Dr. Reddy’s launches ‘Redispar™’ in India.Ranbaxy's Paonta Sahib plant receives approvals for GMP compliance.Ninth edition of Bangalore Bio to commence from June 18-20.Fee prescribed by CLRI for testing finished leather samples.Footwear & Leather Products SEZ Park, Chennai.West Bengal Must Focus On Creating Manufacturing Hubs.World Digital Library Launched.HP PolyServe Software for Microsoft SQL Server.Microsoft launches entry-level server platform for small businesses.Textile companies facing reduction in overseas orders.Cabinet approves upgradation of existing NIFT centres.Hyundai enters taxi segment in Mumbai.Ford takes concept research to the streets.Tata Motors enters into tie-up with Canara Bank.2009-10 will be more challenging: RBI Governor.Need to look at new markets: Cabinet Secretary.CII recommends further measures to deal with economic situation.Toyota launches first ever CNG MPV in India.Tata Motors enters into tie-up with United Bank of India.CME Group to launch New E-mini gold and silver.LightEdge deploys Acme Packet for SMBs.The International Conference on “Global Textile Opportunities – Vision India”.La Jolla Institute signs agreement with Medimmune on major asthma discovery.Galapagos starts trial with rheumatoid arthritis candidate drug.Bayer MaterialScience builds manufacturing facility in India.CII gets its new President.Ranbaxy to launch Daiichi Sankyo's antihypertensive drug in India.Axway Launches B2Bi Express Solution for Small to Mid-sized Enterprises.SAS powers small and midsize biotech and pharmaceutical companies.Microsoft partners with HCL to make affordable ERP.Microsoft rolls out Project Vikas for pharma cluster in Ahmedabad.Microsoft Launches Project Vikas for Benefit of SMEs.Project Vikas to IT-enable leather SMEs.India Carpet Expo.Bus & Special Vehicles Expo, 2009.Fair on Indian handicrafts and gifts held.Welch Allyn partners with BPL Healthcare.InNexus Bio gets patent protecting novel cell penetrating DXL antibodies.New open adaptive threat management solutions.Lenovo’s ThinkCentre business desktops in lower cost options.HP's new offering to help SMBs.Avaya’s UC applications to increase business user productivity.Info - Call Centre for MSMEs.Task Force to address problems faced by Gujarat diamond industry.Auto sector aims for 5% share in global trade in the next 10 years.RBI releases State Finances report.Strategy to revive Punjab industry.CII lays out agenda to help MSMEs.Textiles to create over 17 mn jobs by 2012.FDI inflows up by 259% in September 2008.Basic IT Training for Chennai Leather Companies.Domestic IT/ITeS market to grow 13.4% in 2009, the slowest since 2003.Volume licenses of Microsoft products made easy.Microsoft launches BizSpark to jumpstart entrepreneurship.Measures to help textile industry.
line
    Skip Navigation LinksHome General News CII recommends further measures to deal with economic situation
CII recommends further measures to deal with economic situation

In its meeting with the Banks and Economic Secretaries, chaired by the Cabinet Secretary CII made further recommendations for dealing with the current economic slowdown. If the yields on Government securities remain high, banks will not be able to reduce their lending rates and Indian companies and consumers will continue to face one of the highest interest rates in the world. CII had suggested the formation of an informal group comprising banks, the Government, RBI and the industry to deal with sectoral issues. CII also recommended some changes in the steps taken by the RBI. CII has made recommendations for ensuring an improved flow of funds to specific sectors. These included infrastructures, NBFCs, automobiles and auto components, housing, SMEs, textiles, gems and jewellery and exports. CII suggested that long-term loans on concessional terms be provided to qualified Indian exporters with good track record in past three years. These loans would help in providing marketing assistance to exporters, especially from small and medium sized enterprises.
 Source: CII
Copyright © 2009.All Rights Reserved.National Cluster
Site Map
|
Resources
|
Contact Us
|
Disclaimer
|
Privacy Policy
|
Feedback