what was Federation of Indian Chamber of Commerce and Industries?
Answers
Answer:
Explanation:
The Federation of Indian Chambers of Commerce and Industry (FICCI) is an association of business organisations in India. Established in 1927, on the advice of Mahatma Gandhi by GD Birla and Purushottam Das Thakurdas, it is the largest, oldest and the apex business organization in India.[1] It is a non-government, not-for-profit organisation. FICCI draws its membership from the corporate sector, both private and public, including SMEs and MNCs. The chamber has an indirect membership of over 250,000 companies from various regional chambers of commerce. It is involved in sector-specific business building, business promotion and networking. It is headquartered in the national capital New Delhi and has a presence in 12 states in India and 8 countries across the world.[5]
ATA Carnet
FICCI is India's sole national issuing & guaranteeing association for ATA Carnets[6] ATA Carnets are used by TV / Film crews, journalists, engineers, musicians and industry for temporary moving equipment across borders. FICCI issues and endorses carnets, guarantees the payment of duties and taxes to customs (both domestic and foreign) authorities[7]
Allied Organisations
Confederation of Indian Food Trade and Industry
Confederation of Indian Food Trade and Industry (CIFTI) caters to the Indian food Industry. It deals with policies, trade affairs and capacity building.[8] CIFTI provides institutional support and partners with the Government and the Indian private sector in promotion and development of Indian food processing industry. CIFTI was established by FICCI in 1985. It is currently led by Mr. Sanjay Khajuria who serves as its president.[9]
Arbitration and Conciliation Tribunal
FICCI Arbitration and Conciliation Tribunal (FACT) provides arbitration services for settling commercial disputes. FACT was established in 1952[10] and aims at settling business disputes outside the traditional framework offered by courts of law through arbitration and conciliation, as the case may be.[11]
Alliance for Consumer Care
FICCI Alliance for Consumer Care (FACC) is a dedicated centre set up by FICCI along with Department of Consumer Affairs, Government of India to enhance consumer care practices and facilitate stakeholder interaction.[12] It facilitates prompt redressal of consumer grievances, a dialogue between the business and consumers and promotion of responsible business practices.[13]
Ladies Organisation
FICCI Ladies Organisation was established in 1983 to promote entrepreneurship and professional excellence among women in India.[14]
Aditya Birla CSR Centre for Excellence
Aditya Birla CSR Centre for Excellence is a joint initiative of FICCI and the Aditya Birla Group. The center aims at development of inclusive and holistic CSR practices.[15] This centre also organises the Businessworld FICCI CSR Award, an annual award aimed at identifying & recognising remarkable CSR initiatives.[16]
Confederation of Micro, Small and Medium Enterprises (CMSME)
Confederation of Micro, Small and Medium Enterprises is an affiliated body of FICCI. It was established in December 2013.[17] It aims to connect MSMEs with mentors, incubators & accelerators and assist them through capacity building programs & services; deliberate of policy concerns of the sector; and provide regular interface between Industry, Government and regulators.[18] In terms of the scope of work, CMSME is similar to FICCI with the only differentiation being the exclusive focus on Micro, Small and Media enterprises in India.[19]
CASCADE
FICCI Committee Against Smuggling and Counterfeiting Activities Destroying Economy (CASCADE) was launched on 18 January 2011 and aims to run consumer sensitisation drives on the impact of using smuggled, contraband and counterfeit products across India.[20][21] The body is also engaged in capacity building of law enforcement agencies and research. It has estimated an annual tax loss to government of India due to smuggling and counterfeits at Rs 26,190 crore.[22]
Initiatives Millennium Alliance FICCI's Millennium alliance aims at supporting and scaling-up low-cost, innovative solutions.[23] It is a joint initiative of FICCI, Department of Science & Technology, Government of India and the United States Agency for International Development.[24] It was launched during July 2012 as an inclusive platform for social impact funds, venture capitalists, corporate foundations, early investors, and donors to support and scale innovative solutions for base of the pyramid populations in India and around the world.[25]
The(FICCI) Federation of Indian Chambers of Commerce and Industry is an association of business organisations in India. It was Established in 1927, o GD Birla and Purushottam Das Thakurdas estabished this organisatuon on the reference of Mahatma Gandhi.Uday Shankar is the first ever Indian media and entertainment executive to assume the leadership position in a national industry chamber like FICCI.
Explanation:
Inter-state movement of goods: It provides the facility of inter-state movement of goods by offering registration of vehicles and construction of roads. Labour laws. It interacts with the government on issues of labour laws.Jun