The Confederation of Indian Industry (CII) works to create and sustain an environment conducive to the development of India, partnering industry, Government, and civil society, through advisory and consultative processes.
In its 120th year, the CII theme for 2015-16 is aptly named ‘Build India – Invest in Development, A Shared Responsibility.’ Through this, CII reiterates the Industry’s role as a partner in national development. In recognition of the landmark milestone of 120 years, CII has taken up ongoing elements as part of its activities and added new ones to meet the needs of current conditions. This ties in well with the government’s priority of inclusive growth at a time that it has completed one year.
The past year has marked a transformation in the fortunes of the Indian economy. All indications are that the economy is undergoing a recovery phase that would lead to a possible return to the peaks achieved before the global economic crisis. Macroeconomic indicators have displayed dramatic improvement over the same time last year. Most importantly, the nature of economic discourse has shifted, and India is dreaming big.
But this will not be an easy theme to accomplish. The global scenario remains volatile with the Euro area still suffering from near-recessionary conditions and China in slowdown mode. Within India, demand continues to be muted, and new investments are challenging, even as ongoing projects suffer from delays. This implies structuring an efficient and effective social and physical infrastructure in terms of building the strength of our people and our facilities. Additionally, the foundations have to be laid for a springboard of new investments across all sectors, going beyond Infrastructure and Manufacturing to include Agriculture, Services and Social sectors. In all these areas, Industry’s responsibility would expand, going forward, and it would need to be the central factor in bringing together other stakeholders.
There is a growing realisation that Business has ever greater responsibility for Societal Development. Corporate Social Reponsibility (CSR) and Individual Social Responsibility (ISR) are increasingly becoming part of Business Strategy. It is estimated that more than 10, 000 companies are already implementing CSR activities in villages. It is observed by several of these companies that if these initiatives are done in a more systematic and structured manner, the investment will payback much more effectively. Village Buddha is designed to address this latent need in a systemic manner.
Extending its agenda beyond business, CII assists industry to identify and execute corporate citizenship programmes. Partnerships with civil society organisations carry forward corporate initiatives for integrated and inclusive development across diverse domains including affirmative action, healthcare, education, livelihood, diversity management, skill development, empowerment of women, and water, to name a few.
The development of the nation can only proceed if the strengths of all stakeholders are adequately harnessed to the common task. Each and every one of the billion plus Indian citizens must be sufficiently empowered to contribute. The responsibility is ours.
Our vision is to be a catalyst in creating self reliant villages by deploying skills and resources in key areas such as economic development, quality education, health care, the environment and the creation and maintenance of Infrastructure.
Our Mission is to facilitate the process of sustainable development through the active participation of national and state governments, working in partnership with NGOs and Indian and multinational corporate houses, for the development of rural communities. Village Buddha, that has been case studied here is a microcosm of CII’s mission to Empower Society.
We are pleased to present to you a renewed and refreshed Blog offering that will capture developmental case studies from CII and its members that have made an impact on society. We will have our presence on the social media platforms and we look forward to hear from you.