CII LAND MISSION
CII proposes comprehensive reforms to streamline industrial land access in India
The Confederation of Indian Industry has presented a plan to fix issues in India's industrial land system. This aims to boost manufacturing by making land access easier and more transparent. The proposals include a national land bank and a digital single-window system. These changes are expected to speed up projects and attract more investment.
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.
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.
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.
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.
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.
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.
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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