Sponsor Area

Internal Trade

Question
CBSEENBS11004683

 What are the objectives of Federation of Indian Chambers of Commerce and Industry ?

Solution
The FICCI was set up in 1926. It has been operated as a premier organisation representing the interests of traders and industrialists. FICCI is backed by nationwide network of regional, state and local chambers, assoications etc. Its slogan is Leadership through Quality and Excellence”.

The objectives of FICCI are :

1. To promote healthy interface between the business community and the government.

2. To work for deregulation of economy by persuation the government to lift administrative controls.

3. To create conditions for the globalisation of the Indian economy.

4. To assist members in export promotion, modernisation, pollution control, quality control etc.

5. To assist government in achieving socioeconomic goals of removing poverty and increasing employment.