CII LAND MISSION
Establish 'GST-like' industrial land council for dispute resolution: CII
Industry lobby CII proposes a National Industrial Land Council, mirroring the GST framework, to standardize regulations and resolve disputes. A key recommendation is a unified, GIS-enabled land bank for transparency and faster investment decisions. The report also advocates for uniform stamp duties and a digital single-window system to streamline industrial land processes across India.
CII suggests GIS-enabled land bank, uniform stamp duty to speed up acquisition
The Confederation of Indian Industry (CII) has proposed a unified national industrial land bank with a GIS-enabled system to streamline land acquisition for manufacturing. The proposal includes standardized social impact assessments, district-level acquisition cells, and a dispute registry to reduce timelines and enhance transparency.
Urban rooftops could become vertiports for electric air taxis
Indian rooftops could soon host electric air taxis. The Confederation of Indian Industry suggests office, hospital and residential towers can become landing spots. This could cut travel time in the National Capital Region. A pilot corridor is proposed between Gurugram, Connaught Place, and Jewar Airport.
Using rooftops for air taxi take-offs, landings can help address urban congestion: Report
Electric Vertical Take Off and Landing (eVTOL) aircraft, or air taxis, are at a nascent stage in the emerging Advanced Air Mobility (AAM) ecosystem, and they require vertiports for their take-offs and landings.
India's critical mineral push needs smart policy, AI-led exploration: Experts
India is prioritizing critical minerals for its clean energy and manufacturing ambitions, emphasizing technology, sustainability, and policy reforms. The National Critical Minerals Mission aims to reduce import dependence through domestic exploration, processing, and recycling.
Assam achieves 85% export growth in agriculture with supportive policies, says Minister Atul Bora
Assam has achieved an 85% export increase over six years, driven by supportive policies and focusing on export-oriented farming. Emphasizing financial resource importance, initiatives enhance rural living and economic empowerment. Infrastructure utilization and diaspora marketing are identified as essential strategies for sustaining this growth.
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Indian Space Station will enable research in Bioastronautics, biological research, drug discovery: Isro Chairman
The four projects approved by the Union Cabinet on Wednesday that includes Chandrayaan-4, Venus Orbiter Mission, a New Generation Launch Vehicle, and building the Bharatiya Antariksh Station (an extension of the Gaganyaan programme) has an outlay of around Rs. 22,000 crore, said the Indian Space Research Organisation (Isro) Chairman S Somanath.
PM Modi's vision will shape Viksit Bharat goal, says India Inc
"The Prime Minister has laid out a national vision encompassing steps that would shape India's growth, drive innovation and scale up our position as a global leader across various sectors of the economy," Anish Shah, President, FICCI( Federation of Indian Chambers of Commerce & Industry) said in a statement.
Indian economy poised to grow at 6.5-6.7% in FY24: CII President
India's economy is expected to grow at 6.5-6.7% in the current year, according to newly-appointed CII President R Dinesh. He also stated that the country's inflation rate should fall to 5.3% within RBI's target range of 2-6% in FY24, and suggested a change in the central bank's stance from accommodative to neutral.
Union budget 2023-24 has increased the budget of ministry of DoNER from Rs 2800.44 Crores of 2022-23 to Rs 5892 Crores
The FICCI Northeast Advisory Council has lauded the Union Budget as a forward-thinking budget that prioritizes inclusive growth. "The Budget takes a comprehensive approach to development, and the proposed investments in key areas like infrastructure, agriculture, healthcare, education, manufacturing, and digitalization are a positive step forward," said Ranjit Barthakur, Chairman of the FICCI Northeast Advisory Council.
Govt to seek Cabinet nod for national multi-modal connectivity master plan: Secy
The master plan would set timelines for various infrastructure ministries to reduce logistics time and costs as India intends to provide multi-modal connectivity of global standards to various production centres of the country by 2024.
Italy brings state or art food processing tech to India
Italy encompasses a lot that is charming, beautiful and great tasting. However, the land of the pantheon, pasta and the Leaning Tower of Pisa is more than just that. The country is a leading builder and exporter of food packaging and processing equipment that help companies around the world innovate and progress.
Expect renewed vigour in economy under Modi 2.0: India Inc
Modi took oath as as the prime minister for a second term in the presence of a large gathering of national and international dignitaries on Thursday.
Railways aims to save Rs 41K-cr on energy consumption expenses
Prabhu said after taking over as Railway minister he had stressed that expenses on energy should come down by 15 per cent and they are working on the same.
Amid Tata-Mistry tussle, Group finds mention in Theresa May's address
The mention of the Tata Group by the UK PM during her visit to India -- marking her first bilateral visit outside Europe and her first ever trade mission -- comes amid the on-going boardroom battle at the Tata Group
World sees India as bright spot, experts expect more sunshine
Indian economy is forecast to growth 7.6% according to the latest assessment by the IMF. India’s policymakers expect growth at near 8%.
Realty to be $180 billion industry in India by 2020: NHB official
Home loan disbursements from NHB have been encouraging, Kalyanaraman said. The demand for warehousing space would grow whenever the GST Bill is implemented.
Govt mulling policy to encourage industry for afforestation
Union Environment Secretary Ashok Lavasa said that more sectors are being included in the ambit of energy- efficient processes and targets are being "intensified".
Anil Ambani-led Reliance Group announces Rs 5,000-crore naval facility investment
Expanding his defence sector play, Anil Ambani announced setting up of a new naval shipbuilding facility with an initial investment of Rs 5,000 crore.
PM Narendra Modi hears industry woes; asks them to innovate, Make in India
PM Modi held separate meetings with the delegations of the two apex industry bodies -- CII and FICCI.
Government to invest Rs 50 cr to set up two cattle breeding centres
The government today said it will set up two breeding centres to raise productivity of indigenous cattle and buffalo.
Second green revolution: Industry partnership can unleash 4% farm growth
A national agricultural sustainability mission must be established to devise best practices, restore critical nutrients and manage water usage.
BJP slams Sheila Dikshit for failing to provide houses to poor
BJP on Thursday slammed Delhi CM Sheila Dikshit for failing to provide houses to four lakh slum dwellers registered under Rajiv Ratan Awas Yojna.
Ukraine shows interest in India's unmanned moon mission Chandrayaan-II
Ukraine today expressed interest in cooperating with India in its second unmanned moon mission --Chandrayaan-II.
Union Budget 2012-13 should provide direction for implementation of critical reforms: CII
CII has suggested a host of measures in its Pre-Budget Memorandum on revenue augmentation and expenditure rationalisation including subsidies to the Finance Minister.
Locke to lead US hi-tech trade mission to India
The trade mission, comprising 24 companies from 13 states, is the first visit by an American Cabinet Secretary to India since US President Barack Obama came calling in November, 2010.
Coming soon: A real estate regulatory authority
States will will soon have a real estate sector regulatory authority to protect the interests of residental apartment buyers from land sharks, Urban Development Minister Jaipal Reddy said.
India, China to increase trade target to $60 bn
China has said that it will send frequent buying missions to India in an attempt to bridge the growing trade deficit, which crossed $9 billion in Beijing’s favour last year.
Trade body looks to prop up tea exports to Russia
The Confederation of Indian Industries (CII) is taking up a special mission to Russia to revive bilateral tea trade. A 12-member delegation from CII North Bengal Zone is visiting Russia with tea as its prime agenda.
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