Set up in 1927, on the advice of Mahatma Gandhi, FICCI is the largest and oldest apex business organization of Indian business. Its history is very closely interwoven with the freedom movement. FICCI inspired economic nationalism as a political tool to fight against discriminatory economic policies. That commitment, drive and mission continue in the ever-changing economic landscape of India, always chasing newer agendas. With a nationwide membership of over 1500 corporates and over 500 chambers of commerce and business associations, FICCI espouses the shared vision of Indian businesses and speaks directly and indirectly for over 2,50,000 business units. It has an expanding direct membership of enterprises drawn from large, medium, small and tiny segments of manufacturing, distributive trade and services. FICCI maintains the lead as the proactive business solution provider through research, interactions at the highest political level and global networking.
Headquarter
FICCI is headquartered at New Delhi
Present Management
Mr. Harsh Pati Singhania - President
Mr. Rajan Bharati Mittal - Sr. Vice President
Mr. Harsh C. Mariwala - Vice President
2. Confederation of Indian Industry (CII)
The Confederation of Indian Industry (CII) works to create and sustain an environment conducive to the growth of industries in India, partnering industry and government alike through advisory and consultative processes. CII is a non-government, not-for-profit, industry-led and industry-managed organisation, playing a proactive role in India’s development process. Founded over 112 years ago, it is India’s premier business association, with a direct membership of over 7000 organisations from the private as well as public sectors, including SMEs and MNCs and indirect membership of over 90,000 companies from around 362 national and regional sectoral associations.
Headquarter
CII is headquartered at New Delhi
Present Management
Mr. Venu Srinivasan – President, CII
Mr. Hari S. Bhartia – Vice President, CII
3. National Association of Software and Service Companies (NASSCOM)
National Association of Software and Service Companies (NASSCOM) is the premier trade body and the chamber of commerce of the IT software and services industry in India. NASSCOM is a global trade body with over 1200 members, of which over 250 are global companies from the US, UK, EU, Japan and China. NASSCOM’s member companies are in the business of software development, software services, software products and IT-enabled Services/BPO services. NASSCOM was set up in 1988 to facilitate business and trade in software and services and to encourage advancement of research in software technology. It is a not-for-profit organization, registered under the Indian Societies Act, 1860.
Headquarter
NASSCOM has its headquarters at New Delhi
Present Management
Mr. Pramod Bhasin – Chairman, NASSCOM
Mr. Harsh Mangalik – Vice Chairman, NASSCOM
Mr. Som Mittal – President, NASSCOM
4. ASSOCHAM
The Associated Chambers of Commerce and Industry of India (ASSOCHAM) is the premiere body of chamber of commerce in India. Established in 1920, it currently has a membership of over 200,000 companies across the country. The organisation represents the interests of trade and commerce in India, and interacting with the Government of India on policy issues, and liaisoning with their international counterparts to promote trade between India and other nations.
Present Management
Swati Piramal, President, ASSOCHAM
Dilip Modi, Vice President, ASSOCHAM
Rajkumar Dhoot, Vice President, ASSOCHAM
5. Securities Exchange Board of India (SEBI)
Securities and Exchange Board of India (SEBI) is a board (autonomous body) created by the Government of India in 1988 and given statutory form in 1992 under the SEBI Act 1992. SEBI has three functions rolled into one body: legislative, judicial and executive. It drafts rules in its legislative capacity, it conducts enquiries and enforcement action in its executive function and it passes rulings and orders in its judicial capacity. SEBI has had a mixed history in terms of its success as a regulator. Though it has pushed systemic reforms aggressively and successively (e.g. the quick movement towards making the markets electronic and paperless), it seems to lack the legal expertise needed to sustain prosecutions/enforcement actions.
Headquarter
SEBI is headquartered at Mumbai.
Present Management
Mr. C.B. Bhave – Chairman, SEBI
Dr. K.P. Krishna – Joint Secretary – CM
6. Finance Commission
The First Finance Commission was constituted under Art. 280 by a Presidential Order dated November 22, 1951, under the chairmanship of KC Neogy. It is the duty of the Commission to make recommendations to the President as to:
| l | The distribution between the Union and the States of the Net proceeds of Taxes which are to be, or may be, divided between them under this Chapter and the allocation between the States of the respective shares of such proceeds |
| l | The principles which should govern the grants-in-aid of the revenues of the States out of the Consolidated Fund of India. |
Headquarter
Finance Commission is headquartered at New Delhi.
Present Management
Mr. Vijay L. Kelkar - Chairman, Finance Commision
7. National Council of Applied Economic Research (NCAER)
It was established in 1956 as a non-governmental body in Delhi to assist government, civil society and the private sector to make informed policy choices. The council encourages research on Indian themes using Indian data. Its major activities include:
| l | Developing policy reports for clients. |
| l | Examining domestic agricultural market structures, price policy, linkages between agricultural price policy and poverty, and, the role of the Panchayats in fostering sustainable development. |
| l | Tracking key sectors of the economy for subscribers and forecasting the economic outlook. |
| l | Conducting, designing, and analysing surveys that illuminate public policy issues as well as assist private sector decisions |
| l | Disseminating research findings |
Headquarter
NCAER is headquartered at New Delhi.
Present Management
Mr. Nandan Nilekani - President, NCAER
Mr. M.S. Verma – Vice President, NCAE
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