<p>A key concern for policy makers and industry is to include Indians from all strata of society in the country’s impressive growth story. At the present, the majority of the population remains at the periphery of development. India’s growth story has captured the world’s attention and admiration. However, we cannot in all conscience begin to celebrate the Indian success story while a majority of our 1.1 billion people still live in poverty. There are disparities amongst regions, states, sectors, and communities. Amongst the States, the North-Eastern and the central regions, which have large tribal populations, are lagging behind. Amongst sectors, agriculture has fallen behind industry and the service sector. Religious minorities, large sections of Scheduled Castes (SC) and Scheduled Tribal (ST) groups, and women still do not have access to many job opportunities and human development. While the top end of the economy is experiencing phenomenal wage growth, the informal sector, which is the largest job creator for the country continue to be characterized by low wages and income insecurity. Public health indices for India continue to stagnate at very low levels with large- scale incidence of malnutrition. There is need to address these issues with urgency. We are way behind if we assess ourselves against the Millennium Development Goals set up by the United Nations. India can move up on these parameters only if every segment of civil society comes forward to forge “public-private-people partnerships”. Each segment of society has competencies that the other needs, to achieve its goals. Pooling resources such as knowledge, finances, infrastructure, technologies etc. can hasten the process of reaching out to those that are at the bottom of the pyramid. CII has been in the forefront of bringing in economic change and has been playing a significant role in the formation of a new and competitive India. It was almost 15 years ago that CII realized that all round evelopment was essential for sustaining the growth process and role that Corporates can play a major catalytic role in bringing this about, expanding the coverage of creation of wealth and catalyzing social change. Over the years, CII’s agenda has, therefore, expanded to include “inclusiveness” and “sustainability” over and above its running theme of “competitiveness”. The imperative for inclusive growth needs no repetition in the context of India's long-term growth prospects. Interestingly, a noticeable shift in policy is being materialized in policy making from subsidy-based programmes to those enabling more income generation. In a parallel process, voices in this debate for marrying market elements with social objectives are gaining strength. Encouragingly, there is a growing consciousness and conviction amongst companies that businesses have dual roles - to create shareholder value and as well play a proactive role in the community in the environment in which they operate. This is where we see a CII role in creating new partnerships for development, especially between wealth creators and the NGO community and Self Help Groups in catalyzing win-win growth stories. To achieve equitable, inclusive growth, the Confederation of Indian Industry (CII), seeks to bring in social transformation through a complete programme of policy advocacy, knowledge creation, knowledge dissemination and “on-ground” model projects. Through a series of focused interventions, CII hopes to mainstream economically and socially challenged groups and draw them into a cycle of growth, development and empowerment. All these interventions are undertaken under CII’s broad canvas of “Development Initiatives”.<br />FCRA<br /><br /> <br />Sector Update<br /> <br />A High Note<br />The Budget for the forthcoming year may not have increased allocation to education but it has several notable new policies, including identifying 10 public and 10 private universities for world-class excellence. This column by Mr Chandrajit Banerjee, Director General, CII appeared in The Times of India on 7 March 2016.<br /> <br /> <br />Creating a shared and sustainable world economy<br />A shared and sustainable world economy would rest on partnerships between advanced and emerging economies. India, which stands at an exciting moment in its economic journey, can play a special part in this, says Mr Chandrajit Banerjee, Director General, CII. This article first appeared in Business Standard, 11th January 2016 on the occasion of The Partnership Summit 2016. The Confederation of Indian Industry (CII) in partnership with the Department of Industrial Policy and Promotion, Ministry of Commerce and Industry, Government of India and the State Government of Andhra Pradesh organized the 22nd edition of the Partnership Summit from January 10-12, 2016, at Vishakhapatnam, Andhra Pradesh.<br /> <br /> <br />CII Recommendations on New Education Policy<br />Recommendations of CII National Committee on Higher Education on New Education Policy (On select themes for consultation on higher education as enumerated by Ministry of Human Resource Development).<br /> <br /> <br />Sort out funding issues at climate meet<br />Indian industry expects that the outcomes of the Paris COP 21 will meet the challenges of reliable and affordable climate change technologies facing the private sector. India's target commitments require $2.5 trillion by 2030 and we hope that the Government would assist industry to make the requisite investments. This column by Mr Chandrajit Banerjee, Director General, CII was published in The Hindu Businessline on 28 November 2015, ahead of the Paris climate change conference.<br /> <br /> <br />“Millions of Rural Migrants will Benefit” – A View<br />The new bill introduced in Parliament for acquisition of land meets many compulsions of development. This article by Mr Sumit Mazumder, President, CII, appeared in The Economic Times Issue of April 26 – May 02, 2015.<br /> <br /> <br />Representation to Government of Kerala Incentives for Green Building Rated Projects<br />Representation to Government of Kerala on Incentives for Green Building Rated Projects.<br /> <br /> <br />CII J&K Disaster Relief Initiative<br />As you are aware, Jammu & Kashmir has been severely hit by heavy rains and flash floods at many places in the State causing loss of valuable lives and properties. The Central / State Governments, District Administration, Defence forces & NDRF are fully involved in the relief measures. CII is in touch with the local administration to provide immediate relief items as well as look at some concrete rehabilitation projects in due course.<br /> <br /> <br />Green growth is indeed possible<br />The environment is vital, but economic activities can often conflict with sustainability. As the country promotes green economic transition, we also need to deal with immediate process issues, says Chandrajit Banerjee, Director General, CII in this column in The Hindu Business Line of June 5, 2014 to commemorate World Environment Day<br /> <br /> <br />Indian Industry on the Greener Path<br />'India has the potential to be a leader in the global green economy and business can play an important role through a coordinated approach, states Mr Chandrajit Banerjee, Director General, CII in this column that appeared in Business Standard' special page as an advertorial on the occasion of the World Environment Day on 5 June 2014.'<br /> <br /> <br />Rules will stifle initiative<br />The new mandatory stipulations for CSR under the Companies Act should have allowed some flexibility to corporate boards to draw up their areas of interest. This column by Mr. Chandrajit Banerjee, Director General, CII, appeared in The Financial Chronicle on March 8, 2014.<br /> <br /> <br />Emperor Akihito’s India Visit: A bigger bite of the Japanese pie<br />Besides investing in automobile and machinery, Japan can play a major role in India’s infrastructure development. Chandrajit Banerjee, Director General, CII, says CEPA is expected to give Indian pharma greater access to the Japanese market as Japan has committed to treat Indian generic-makers on a par with its own pharma industry. This article appeared in the The Financial Express on 30 November, 2013.<br /> <br /> <br />Bill will push acquisition costs, affect industrial projects<br />At a time when major projects are stalled and India's global competitiveness is eroding, a more facilitative land acquisition process would have helped long-term growth, stimulated private investment in Infrastructure Sector and restored investor sentiments. In an interview with the Financial Express on 31 August 2013, CII Director General, Chandrajit Banerjee articulates the industry’s concerns and how it affects them. Excerpts:<br /> <br /> <br />Two-and-a-half cheers, at best<br />The new Companies Act has many positive features, incorporating CII recommendations. However, the CSR provision and other stipulations are of concern for industry. This column by Mr S Gopalakrishnan, President, CII, appeared in the ‘Hindustan Times' on Thursday, 29 August 2013.<br /> <br /> <br />For an eco-friendly industry<br />Industry, civil society and government must work together to evolve solutions to environmental challenges, and green manufacturing can be the next sector of growth, says Chandrajit Banerjee, Director General, CII in this column in the Hindu Business Line on World Environment Day, 5 June 2013.<br /> <br /> <br />Invitation to bid for Modernisation and Strengthening of Bangladesh Standards and Testing Institution [BSTI] project under Exim Bank’s GOI-supported Line of Credit (LOC) of USD 800 million to the Government of Bangladesh<br />As you may be aware Exim Bank has extended a Line of Credit (LOC) for USD 800 million to the Government of Bangladesh.</p>