Direct selling, one of the oldest and traditional forms of selling, is today a successful industry operating in over 100 countries, with a market size of $180 billion. I call it old because the best example of direct selling is the ancient cycle Peddler. According to a recent FICCI-KPMG Report &#…
Tag: FICCI
Quality Council of India & FICCI to create ‘ZED’ Cell
Quality Council of India and FICCI have joined hands to set up ZED cell to implement Prime Minister Narendra Modi’s programme of Zero-Defect-Zero-Effect (ZED). The cell to operate at FICCI office here and a memorandum of understanding between QCI and FICCI was signed for this purpose. This endeav…
FICCI moots vehicle replacement policy to benefit MSMEs
Respecting the recent Supreme Court order and NGT banning the registration of private diesel vehicles above certain engine capacity, FICCI today emphasized the need for balanced and holistic measures to be taken based on authentic studies so that interest of every stakeholder is given due weight …
US Fed rate hike will have minimal impact on MSMEs| Arvind Subramanian, Chief Economic Advisor
The impact of the US interest rate hike should be minimal in India as the country is relatively well cushioned, Chief Economic Adviser Arvind Subramanian said on Thursday Policy makers, including Reserve Bank of India Governor Raghuram Rajan, have been touting India as being more insulated to Fed…
Informal sector to be under pension scheme | PFRDA Chairman
The government is working towards a pension scheme for the informal sector, which comprises 88 per cent of the workforce in the country, Pension Fund Regulatory and Development Authority Chairman Hemant G Contractor has said. Currently only 3-4 per cent employees in this sector have any kind of p…
Give direct selling a push to benefit small entrepreneurs | DIPP Secy
Department of Industrial Policy and Promotion Secretary Amitabh Kant said that direct selling will have to be given a greater thrust as it empowers women, MSMEs and promotes manufacturing in India. At FICCI DIRECT 2015, an annual flagship event for Direct Selling (DS) industry. Kant said that the…
Need for grass root, frugal innovations for start-ups | Ashutosh Sharma | Science Secretary
Science and Technology Secretary Ashutosh Sharma said frugal innovations are critical for finding grass root solutions to the economic and societal problems. But frugal innovations had to maintain their functionality, quality and accessibility to promote sustainable development, he told a Global …