Speaking about the logistics cost, Gadkari said, "Our logistics cost is a big problem. Presently, it comes to 16 per cent, but I am promising you that up to the end of 24, we will take it to the single digit, up to 9 per cent."
During virtual general meeting of FICCI on December 12, Prime Minister Narendra Modi said that the new reforms in farm laws will result in more investments in the agriculture sector.
Over three days, more than 10,000 delegates from across the world and Union ministers Amit Shah, Nirmala Sitharaman, Nitin Gadkari, Piyush Goyal, S Jaishankar and Ravi Shankar Prasad will address the conference.
Ficci President Sangita Reddy on Sunday said India's strategy of dealing with the COVID-19 crisis has paid off and the country's economy is set to bounce back and emerge stronger.
The Vice-Chairman of NITI Aayog, Rajiv Kumar attended the 34th annual conference of Federation of Indian Chambers of Commerce and Industry (FICCI), focusing on the theme 'Achieving Sustainable Growth in a Turbulent and Disruptive Global Market'
The Federation of Indian Chambers of Commerce and Industry (FICCI) has been fined a sum of Rs 20 lakh by the Delhi Pollution Control Committee (DPCC) for violation of environmental guidelines.
The COVID-19 response taskforce of FICCI and leading private hospitals associated with the industry body have developed an accounting methodology to bring in standardisation of cost of coronavirus treatment in the national interest.
The Secretary General of FICCI, Dilip Chenoy spoke on economic package announced by PM Narendra Modi.
Seeking immediate support for the Indian economy hit by COVID-19, industry body Ficci said an additional fiscal support of Rs 4.5 lakh crore is required at the current juncture besides a quick release of Rs 2.5 lakh crore stuck in refunds and other government payments.
Several commonly used medicines like paracetamol and ibuprofen could be found in short supplies after the month of February if the disruptions due to coronavirus don't end soon. Federation of Indian Chambers of Commerce & Industry (FICCI) has ascertained based on feedback of various industries that along with medicines, smartphones and solar equipment production could also suffer if the coronavirus threat is not curtailed soon.
Reaction on Budget 2020: Shachindra Nath, FICCI
Reaction on Budget 2020: Vipul Tuli, FICCI
Defence Minister Rajnath Singh and Russian Minister of Industry and Trade Denis Manturov will address defence industry representatives at the India–Russia Defence Industry Cooperation Conference in Moscow on Tuesday, Ficci said.
India's economic growth dropping to an over six-year low of 5 per cent in April-June 2019 is indicating a "significant deceleration" in both investment and consumer demand, industry body Ficci said on Saturday.
In its budget memorandum, it has recommended establishment of autonomous specialised research and training institutes with focus on areas such as standardised assessments, leadership, and pedagogy among others.
The government Friday decided to extend the PM-KISAN scheme to all 14.5 crore farmers in the country costing Rs 87,000 crore a year and also announced over Rs 10,000 crore pension scheme for five crore farmers, thereby fulfilling the BJP's poll promise.
Participating in an event organised by trade body FICCI Tamil Nadu Council, he said, the Prayagraj (Allahabad) has UNESCO's intangible cultural heritage of humanity acknowledgement.
RBI's monetary policy announcement on Thursday will be the first after the Union Budget 2018-19.
He provided these figures emerging from studies in response to a query at industry chamber Ficci's 90th AGM here on whether the Goods and Services Tax (GST) is proving a burden for small businesses.
Addressing the Ficci annual general meeting, he said rumours were being spread by some sections about provisions of the proposed FRDI Bill.
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