Thursday, November 07, 2024

Money & Banking

FICCI – Meaning , Functions , Services and its advantages

FICCI means Federation of Indian Chambers of Commerce and Industry. In 1927 on the articulation of Mahathma Gandhi to have an association that inclusively represents the Indian business realities Ghanshyam Das Birla along with Purshottamdas Thakurdas has established FICCI.

Having its history interwoven with India’s struggle for independence FICCI has surfaced as the India’s oldest and apex association of business association. Federation of Indian Chambers of Commerce and Industry has a huge class about directly and laterally including Public and Private sector companies, MNCs, SMEs and Industry Associations. FICCI’sheadquarters are located in Public capital New Delhi Being anon-government,non-profit association, Federation of Indian Chambers of Commerce and Industry stands as the voice of India’s business associations and assiduity.

Functions of FICCI:

1. Part in policy making

FICCI plays a vital part in expression of profitable and finance programs. By engaging with the policy makers, government and civil society Federation of Indian Chambers of Commerce and Industry influences the programs by way of articulating the views and suggestions of assiduity.

2 Concertedly works with analogous associations of foreign countries

Workshop with common business councils and private artificial alliances positioned across the globe in the areas of trade advancements, assiduity hookups to state the opinion of the Indian assiduity on global forum.

3 Provides guidance and education

Provides guidance and education to its member associations by way of publishing instructional journals useful to the business community. And acts a conflict determinedness among them by way of collective discussion on the problems.

4 Conducts colorful programs and events

Conducts shops, forums, business meets and conferences to bandy, debate colorful forthcoming and was programs of the government.

5 Backing to government

Help the government in the areas of the trade accommodations with foreign countries and sends their educated help to the abroad to study the frugality and business terrain.

6 Assistances its members

Help its members in the areas of policy enhancement, suggestions to the operation.

7 Provides information on exports

Provides believable and precious information on capabilities and new developments in foreign trade by studying the trade terrain and significances regulations of numerous foreign countries.

8 Dates and arrange the addresses with foreign business delegates

Plays pivotal part in inviting foreign business delegations of public and private situations which are veritably vital in perfecting the foreign trade and foreign investment.

Membership

Federation of Indian Chambers of Commerce and Industry’s class is open to all the business associations irrespective of public or private, small or big, service or manufacturing. Presently Federation of Indian Chambers of Commerce and Industry has further than three lakh members joining from colorful diligence directly and laterally. One can come a member using

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