Ad Here  
January
February
March
April
May
June
 
 
Climate change may change the way businesses work... BRICS development bank Downsizing spree... Dynamic e-commerce scenario Towards peace of mind TOP 10 CEO Compensation Tata Steel commence operations at Kalinganagar Focus on self-certification and third party inspection Is Indian telecom industry heading for a monopoly? Auto test tracks launched at GARC Oragadam campus Scoot offers just Rs.13,500 to ANZ... Realising double digit growth in Tamil Nadu Digital retail transactions stabilise at higher level… TII’s single largest investment at Thiruthani Bridging the skill deficit in pharma industry Striking cords for 25 years… Nothing to hide... - Pharma market dozes An American alliance in the chemical industry? World labour laws at a glance Need to focus on ease of doing business... Veritas Finance- financing the unfinanced Indigo stays leader with 40 per cent share Carrefour’s quick exit Creating Tamil Nadu Banana brand Investor friendly Japan OBO Bettermann for better lightning protection Inclusive and forward moving... Flexible labour laws… The new look- 4s Verna WABCO’s second Chennai plant Blue Star plans a new plant in south Applauding enterprise... Industry-well poised to invest on expansion Holiday Inn opens in OMR Chennai Adding Zest to Scooty Ridley marathon to India Apple maps – finding its way Murugappa- a year of consolidation Waste, a gold mine Automotive Vision Plan II... Realty sector takes a break... Economic, business and social sustainability Schwing Stetter India joins hands with US-based Gomaco Purdue and IIT-M sign the dotted line Steel loses its sheen Reality bytes TCS’ revenues cross Rs 100,000 crore TII-challenging year with flat growth Sun Edison launches solar pumps Chennai will soon get its World Trade Centre Innovation that helped Chennai port Nigeria comes nearer Gem of social service... Time to fast-pace the logistics sector Business Briefs Smart controls for cooling large multi-zone spaces ... ALL to launch electric busses Airlines wage price war IFCI to raise NCDs upto Rs 2000 crore ALL – truck industry is recovering from degrowth LVB gears to become a financial supermarket Chennai Port is at last decongested! Connecting the unconnected Illicit markets a concern to growing economy Three more leather clusters… Housing Innovation Challenge, 2015 On the ‘milky’ way Secured NCDs from Shriram City Indian Bank – global businesses crosses Rs 3 lakh crore... When Centre visits the state Four daughters and a proud father Hero Motocorp - smooth ride Chola MS launches motor app Changing dynamics in human resource management Techies trip to India SumInfra- corridor based development... European crisis is a global crisis! TN budget pragmatic and moderate on fiscal deficit Rating of states to be released soon Well-refined – RIL’s refinery margins zoom Curbing steel imports will hurt small business... People Flow Day- Safety AirAsia India infuses funds to fight out competition TVS Logistics – another acquisition to sharpen the business model Economic issues take a back seat at G20 summit An aerospace-defence cluster in Tamil Nadu… CUB: towards card-less withdrawal More gensets and diesel engines from TAFE Hyundai excites again Chola MS net crosses 100 crores Celebration time at MS Chola Brand leaders come forward... Durga - India’s largest blast furnace; now operational Placing the right shoe forward... ISRO's 100th mission Backpack laboratory TiE applauds innovative entrepreneurs A global plastic event in India Chennai to get a roundabout Metro Make way for the new and dynamic railways Research needs more funding ECGC expands operations STFC raises money Celebrating 180 years of relevance Business Breif Strategy war escalates between Hero and Honda Big-ticket investments march towards Punjab ALL-two launches in a row
 
Focus on self-certification and third party inspection

Dr. Arvind Mayaram’s address at the Madras Chamber of Commerce and Industry was significant in the light of the interest of the government to reduce the plethora of inspections: the Centre will request states to introduce self-certification and third party inspection, he said. The bureaucracy simply cannot cope with the volume of work involved in inspecting and ensuring compliance. He suggested the industry should reciprocate with compliance. This is in line with Prime Minster Modi’s oft-repeated focus on less government and more governance.

The secretary pointed to the improvement in the economy like the fiscal deficit kept well within target, leading to a reduction in public borrowing by Rs 8000 crore from the target set for the current year. There has been a drop in food inflation and good prospects for a higher rate of growth in the current coming year. His reference to the vast reduction in gold imports evoked interest: “we had to take drastic steps like stringent controls on gold imports. These dropped from $ 60 billion to $21 billion in just a year helping to reduce the current account deficit from over 4 per cent of GDP to 2.5 per cent of GDP!” 

Author :
Reported On :
Sector :
Shoulder :
RELATED NEWS
ABOUT IE
IE, the business magazine from south was launched in 1968 and pioneered business journalism in south. Through the 45 years IE has been focusing on well-presented and well-researched articles. When giants in the industry stumbled to keep pace with the digital revolution, IE stayed affixed embracing technology.
Read more
 
PRIVACY POLICY
Economist Communications Ltd is committed to ensuring that your privacy is protected.
Read more
TERMS AND CONDITIONS
You agree that your use of this Website and the purchase of the magazine will be governed by these terms and conditions.
Read more
 
CONTACT US
S-15, Industrial Estate,
Guindy,
Chennai - 600 032.
PHONE: +91 44 22501236
EMAIL: indecom1968@gmail.com