CII National council begins tomorrow in Bangalore

July 15, 2010 07:06 pm | Updated 07:06 pm IST - Bangalore

About 70 CEOs of leading firms may attend the CII national council meet here tomorrow to discuss issues ranging from FDI and infrastructure to the role of private sector in the development of Naxal-hit areas.

Confederation of Indian Industry (CII) director general Chandrajit Banerjee told reporters here that during the meet industry captains would talk about economic growth and ways that could catalyse it to over 10 per cent.

“Earlier, when we spoke about 10 per cent growth, everyone was pessimistic about it, but now there is some optimism,” he said.

The council, which has around 100 members, would discuss the challenges to attain such growth targets, sustainable inclusive growth and unemployment, he said.

“We will also be discussing some bread and butter issues,” he said, referring to the implementation of goods and services tax. Apart from that the meeting will also ponder over the issue of responsibility and liability of independent directors.

The council would explore the role of the private sector in the social development of the Naxal-hit areas.

Infrastructure would be among priority issues, he said, adding the council would take stock of the situation in terms of port infrastructure, power and roads.

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