Federation of Indian Chambers of Commerce & Industry
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Federation of Indian Chambers of Commerce & Industry |
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FICCI has played a proactive role
in evolving the economic policies of the nation both in the
pre-Independence and post-Independence period. The Government has been
consulting FICCI while evolving and implementing all major economic
policies of the country. The Government of India Act of 1936, Bombay
Plan, Five-Year Plans, etc. are some of the major economic policy
instruments that were discussed threadbare in the FICCI forum. That
partnership between the Government and FICCI continues. Thirty-four
specialized committees of FICCI on diverse segments of the economy
grapple with sectoral issues on a day-to-day basis to provide solutions
to business and to suggest pragmatic policies to the Government.
Global Connectivities From Nikita Khrushchev to Vladimir Putin, President Eisenhower to Clinton were the hosts of FICCI. That unique international networking and interactions at the highest level have helped the Indian business community to expand their business horizon. From the League of Nations (the precursor to the United Nations) to the World Trade Organisation (WTO), FICCI has maintained organic relationships, which have blossomed into effective partnerships and exchange of ideas. Consultations with the heads of multilateral organizations like UNIDO. UNEP, ILO, GATT, WTO, World Bank, IFC, WIPO, ADB, etc have been a feature of FICCI activities to strike credible communication channels with these organizations to amplify the business point of view on developmental matters. These track two business consultations with multilateral organizations have resulted in forging effective partnerships in implementing projects and reinforcing the views of developing countries in the global development agenda. Joint Business Councils Joint Business Councils (JBCs). FICCI's track two business diplomacy with India's trading partners, open up new business opportunities to Indian businessmen with overseas investors, technology suppliers, multilateral and bilateral funding agencies. JBCs formed with over 69 countries, including the US, Japan, South Korea, Australia and the People's Republic of China regularly meet to take stock of the bilateral issues and to frame newer policy initiatives to take the two-way trade and investment to newer heights. FICCI is also the nodal point for the Indian Chapters of:
Annual General Meetings of FICCl have been important national economic events. The contemporary developmental issues facing the nation are discussed and debated by the political leadership, business and the academia. These events have helped the Government of India to take stock of the developmental initiatives and to evolve policy corrections based on industry responses. FICCI has always stood behind the nation in the hour of crisis. It is committed to free enterprise and competition. That is the key to enhance the quality of life of the people and to build a new, dynamic and vibrant India. Think Tank FICCI Think Tank consists of eminent economists, planners, civil servants and industrialists who meet regularly in structured monthly meetings to discuss important macro level issues confronting the nation. A background note for the meetings is usually prepared by one of the distinguished economists and final recommendations will be submitted to the Government. Allied Organisations
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