The procedure has been performed successfully, it added
NEW DELHI(PTI): Finance Minister Arun Jaitley will on Monday inaugurate the annual session of industry chamber CII.
The session is based on the theme Building National Competitiveness and would discuss ways to strengthen national, human and industry competitiveness for a more resilient and accelerated economy.
Commenting on the Annual Session 2016, CII President Sumit Mazumder said India remains a ‘bright spot’ in the global economy with an expected GDP growth rate of 7.6% for 2015-16 and strong macroeconomic indicators.
“It faces several challenges including a fragile global ecosystem, rural distress after two years of drought and a moderate investment rate.”
Road Transport Minister Nitin Gadkari, Railways Minister Suresh Prabhu, Telecom Minister Ravi Shankar Prasad, Power Minister Piyush Goyal and Congress leader Anand Sharma would also attend the two-day convention, which will host about 4,000 delegates.