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Union Budget, 2021-22: Positive and Digital Plus

Hon’ble FM Shri Nirmala Sitharaman presented the Union Budget for 2021-22 today. 
Bombay Chamber lauds the FM on a pragmatic Budget, given that the FM has found resources for capital expenditures, even in a situation where the revenue stream improves but still remains restrictive. Given the pandemic aftermath, it was imperative that government leads from the front and plays a bigger role in propelling the economy ahead. The government has not shied away from borrowing big and spending big. Further, there were fears that the FM might opt for an increase in taxes at the individual level. While the FM has targeted some revenues by imposing a cess on petrol and diesel to fund agricultural infrastructure, there has been no additional taxes on individuals. Gross fiscal deficit as a proportion of GDP is placed at 9.5% for FY21 and is expected to do down to 6.8% in FY22. FM has heeded the clarion call in the Economic Survey to disregard naysayers and global rating agencies and go big on spending even at the risk of higher fiscal deficits. This shows the confidence Government has in rebound of the Indian economy and it is now up to the private sector to take the gauntlet and go for aggressive growth.
Overall, the Bombay Chamber of Commerce believes that the Union Budget will enable India to achieve its long-term growth potential, while alleviating and addressing the short-term risks. Importantly, the chamber had submitted in its recommendations to the FM under its Pre-Budget Memorandum for FY22 the ideas of an accelerated disinvestment programme, a Bad Bank structure and the institution of a DFI. The FM has struck a crucial balance between needs of capital investment for infrastructure and social issues such as inclusive development, with a focus on education, needs of migrant workers, skilling needs and financial inclusion.

Bombay Chamber of Commerce & Industry presents Breaking Silos: People, Power, and Purpose in Dynamic Times

Reputation Today :
For organisations to grow, it is imperative for new skills to emerge and specialise in their disciplines. It is also natural for these disciplines to subsequently diverge and ultimately fragment into silos. How do these silos influence an organisations ability to grow further? To respond to changes? What is the impact of organisational purpose, and the implications on brand communications?


City Air News :
Mumbai, May 28, 2019: Bombay Chambers of Commerce & Industry (BCCI), the apex industry body is hosting the first strategic conclavein the financial capital of India on June 14, 2019 to have industry stalwarts, brand strategists, to share insights on brands that have delivered value in dynamic times. The discussion will focus on the importance of having $B!F(JOne Voice$B!G(J, for succeeding in achieving an organization's vision


Business Fortnight :
The event, "Breaking Silos: People, Power, and Purpose in Dynamic Times" will have industry leaders and veterans who have ensured collaboration and proactive communication with all stakeholders, to build powerful brands.
"The Conclave is aimed at leaders and millennials from diverse functions who are instrumental in envisioning the core vision of the organization. This is the first time that BCCI has created a platform, to share experiences of industry leaders, on the importance of communication, and will focus on training future leaders on the essentials" said Ms. Leena Basrur, Chairperson, Media Corporate Communications & Public Relations Committee (MCCPR) and Direxions Marketing Services Pvt Ltd.
read article



MMMC, High Court, Bombay has empaneled Centre For Mediation And Conciliation (CMC) as a Mediation Institution   Jan 01, 2019

MMMC, High Court, Bombay has empaneled Centre For Mediation And Conciliation (CMC) as a Mediation Institution’in pre-institution mediation and settlement as per Sec.12 (A) of the Commercial Courts Act 2015.




Bombay Chamber Of Commerce And Industry Launches Its Centre For Mediation And Conciliation, 29 June, 2018

Chamber has set up its Centre for Mediation and Conciliation (CMC), under the guidance of the Bombay High Court, to provide commercial dispute mediation services nationwide. Some mediators on their panel include Hon’ble Justice B. N. Srikrishna, Hon’ble Justice Kanade, Mr. Bill Marsh from United Kingdom, Mr. Jeremy Lack from Switzerland, Mr. Prathamesh Popat from Mumbai, Mr. Sriram Panchu and Mr. A Jawad from Chennai and Ms. Ekta Bahl from Samvad Partners Hyderabad, Ms. Lalit Mohini Bhat from New Delhi.
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Union Budget, 2018-19 : Positive and Digital Plus

The 2.5 trillion dollar Indian economy is now on its way to become the third largest economy in terms of purchasing power parity (PPP). It is in this backdrop, Hon’ble FM Shri Jaitley presented his Union Budget for 2018-19 today.  Bombay Chamber lauds the FM on  an insightful Budget, which the Chamber believes will boost the economy in the coming years.
The three key elements of this year’s Union Budget are strengthening agriculture, infrastructure and  healthcare benefits. Bombay Chamber welcomes the focus on MSMEs, Taxation and  Credit  availability as well.  Shri  Vijay  Srirangan, Director General, Bombay  Chamber stated that they  are positive  steps. The concern, however,   was   use of employment versus automation in the MSMEs sector. The focus on Digital, including AI, Big Data, Cyber Securities, introduction of Unique Id for enterprises  are  excellent moves  in the right direction  and expected to contribute towards the growth of the economy.
Since the manufacturing sector is  back on growth path  and the MSMEs sector gets  significant amounts in the form of capital support and interest subsidy in this Budget, the Chamber does expect that  by increasing public and infrastructure investment  and  through increase of  fiscal deficit,  the economy  will boost the aggregate demand in the  near future.





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Seminar on Burning Issues & Recent Development on E-Invoicing (Feb 25, 2020)

Economic Scenario in India and Way Forward (Feb 25, 2020)

Site Visit - Johnson & Johnson, Mumbai (Feb 14, 2020)

Certified Training in First_Aid (Feb 12, 2020)

Regional Awareness Workshop for National CSR Awards 2020 (Feb 07, 2020)

Practical Training in ADVANCED FIRE SAFETY - 30th Jan 2020 (Jan 30, 2020)

Countdown to Budget 2020 (Jan 24, 2020)

Interactive Session on Integrated Marketing Communication - Why (Jan 24, 2020)

Certified Course on OHSMS Internal Auditor-Based on ISO 45001 (Jan 22, 2020)

AgriCorp2019 - Water Smart Agriculture - A Business Perspective (Jan 17, 2020)

Certificate Training - Electrical Safety (Dec 19, 2019)

Site Visit for Insight into Office Ergonomics Safety (Dec 19, 2019)

Interactive Session on Indian BFSI Sector & its Tryst with Data (Dec 10, 2019)

Master Class On Emotional Intelligence-The Leadership Advantage (Nov 13, 2019)

6th Annual International Conference "Globalization at Crossroad" (Oct 11, 2019)

Coffee Table Book "Mumbai Of My Dream" (Oct 24, 2019)

Release of Publications (Oct 24, 2019)

Workplace Safety Awards 2019 (Oct 24, 2019)

Course on Water Security Solutions for Business (Oct 18, 2019)

Bombay Chamber Awards - Civic and Good Corporate Citizen Awards (Oct 24, 2019)

Meeting with Consulate of USA officials (Oct 23, 2019)

Seminar-Terms of Delivery (Incoterms(R)2020) & Terms of Payment (Oct 17, 2019)

Site Visit - CSR Initiative of Siemens Ltd. at Mokhada (Oct 11, 2019)

Mindfulness And Emotional Intelligence For Leaders (Sep 25, 2019)

Corporate Social Responsibility(CSR) Policy, Strategy & Practice (Aug 28, 2019)

Site Visit to the Mahindra & Mahindra Ltd - Chakan (Aug 23, 2019)

Corporates for Change Conclave (Aug 08, 2019)

Certificate Course on Leadership & Accountability (May 14, 2019)

Visit- H. E Mr. Artis Bertulis, Ambassador of Republic of Latvia (May 16, 2019)

Shadow The leader - Season 5 (Nov 08, 2019)

Office Safety Awards 2018 (Sep 28, 2018)

Enhancing Competitiveness of India - Vision 2025 (Jun 29, 2018)

10th Biennial Conference on Ports, Shipping and Logistics (Feb 16, 2018)

Shadow the Leader - Season 4 (Sep 10, 2018)

Conclave on Union Budget, 2022-23 - Creating Five Trillion-Dollar Economy (Jan 27, 2022)

Panel Discussion on Union Budget 2022-23 An Analytical Perspective (Feb 05, 2022)

BFSI Conclave Day II - Panel Discussion on Role of Fintech-Neobanks in the Emerging Lending Landscap (Aug 27, 2021)

BFSI Conclave Day II - Panel Discussion on New Trends in Insurance - Regulation and Digitisation (Aug 27, 2021)

BFSI Conclave Day I - Panel Discussion on Emerging Technology in Enabling Financial Services (Aug 26, 2021)

BFSI Conclave Day I - Panel Discussion on Friction Less Service and Delightful Experience to Custome (Aug 26, 2021)

BFSI Conclave on Frictionless Service & Delightful Customer Experience - Day 2 (Aug 25, 2021)

BFSI Conclave on Frictionless Service & Delightful Customer Experience - Day 1 (Aug 24, 2021)

Bombay Chamber 185th Annual General Meeting (Aug 23, 2021)

An Interactive Session on Digital Payments - The Way Forward (Jun 03, 2021)

Webinar on Impact of the Consumer Protection Act, 2019 on Advertisement, Media, Communication & Mark (Sep 17, 2020)

Address By Mr. Manish Sabharwal, Chairman, Team Lease Services on Ease of Doing Business (Aug 12, 2020)

Webinar on Cyber Hygiene and BFSI Sector (Jun 05, 2020)

Webinar on The New Normal for Family Businesses (May 28, 2020)

Webinar on Water Neutrality (Jun 19, 2020)

Creating Tobacco-Free Workplace and Workforce (May 28, 2020)

Webinar on Financial Independence and Resiliance (Jul 31, 2020)

MSME RELIEFS - WAY FORWARD towards a Brilliant Growth (Jul 28, 2020)

Address by Guest of Honour, Dr. Swati Piramal 184th Annual General Meeting (Jul 15, 2020)

184th Annual General Meeting Bombay Chamber Of Commerce and Industry (Jul 15, 2020)

Urban Thinkers Campus Series 2 on Financing Recovery for Resilient and Sustainable Cities (Jul 06, 2020)

Abbreviated Speech of Mr.V S Parthasarathy, President, Bombay Chamber & Commerce Industry at 184th A (Jul 13, 2020)

"Back to the Future" Series - Fireside chat with Ashok Barat, Past President Bombay Chamber (Jul 14, 2020)

Webinar on The Leadership Challenges in Current times (Jun 22, 2020)

Lecture on Non-Performing Assets and Bank Lending Growth (Mar 28, 2019)

Civic and Good Corporate Citizen Awards 2017-18. (Oct 16, 2018)

Business Growth & Managing New Normal in Cashless and Digital Economy (Apr 21, 2017)

Conference on Business Integrity into Business Practice Approaches & Ways (Mar 02, 2017)

Panel Discussion on Expectations from Union Budget 2017-18 (Jan 12, 2017)

Keynote Address by Chief Guest Dr. Rathin Roy (Jan 13, 2017)

Address by Guest of Honour, Dr. Chakravarthi Rangarajan (Jan 12, 2017)

Mumbai Draft Development Plan 2034 (Jul 15, 2016)

Bombay Chambers initiative towards farmer welfare "Site Visit organized for Farmer entrepreneurs FPO (Jun 17, 2016)

Bombay Chamber Visit to Northern Ireland and UK Agencies (Jun 07, 2016)

9th Intenational Shipping Conference (Jan 22, 2016)

Managing Risks & Liabilities in the Pharmaceutical and Food & Beverage Sectors (Jun 17, 2015)

Managing Risks & Liabilities in the Pharmaceutical and Food & Beverage Sectors & Beverage Sectors (Jun 17, 2015)

Exclusive Business Sessions on Monetary Policy & Strategy for Industrial Growth (Apr 16, 2015)

Fraud, Manipulation and Insider Trader in the Indian Securities (Jan 23, 2015)


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