Yet another Financial year has ended and all of us are getting into a new financial year 2017-18, with lot of hopes, plans, aspirations and optimism. The businesses had very different challenges last year in terms of demonetization, natural disasters like “Vardha”, the demise of our then TN CM, etc, apart from our own internal economic challenges. I am sure all of us would like the current FY to be more smooth sailing and more productive and successful.
The Chamber which had a successful year, thanks to all of you, is also gearing up for the new FY and is making interesting and innovative plans to cater to the different sectors of the Industries with the prime objective of being of value to our members and to the State and national economy.
As you may be aware, we were the first Chamber to have a major workshop on GST under the auspices of the Indirect Taxes Committee after the Constitution (122nd Amendment) Bill 2014 was passed in the parliament by both the houses in August2016. The overwhelming response crossing 100 plus participants made the Chamber have a repeat program. Such was the interest of members!
With the GST taking the centre stage again after the major bills are passed in both the houses recently, we may again be the first organization to have a comprehensive conference diving deep into the subject, on the 18th of this month. This is just a beginning of a long journey as the Chamber plans to have a series of workshops and seminars on this subject both to educate the members and also to guide them on compliance. These would be organized not only in Chennai, but also in other Tier II/ Tier III Cities and for different sectors so that the Chamber would try to help its member to tide over this phase with as minimal hassles as possible . Our Website and mails would keep you updated on a regular basis. We are also exploring possibilities of setting up a helpdesk to enhance your knowledge on the new tax.
The 5th Anniversary of the Sustainable Chennai Forum marked the beginning of preparing a business plan for setting up a Chennai Urban Observatory with the support of National Institute of Urban Affairs and University of Nottingham. The city level workshop on Chennai Urban Observatory witnessed the presence of eminent persons representing Government, Industry and Associations sharing their experiences. A steering Committee of high level experts and practitioners is formed to guide and mentor the Chamber in the above venture. The baby steps have begun in this direction which, hopefully, would pave the way for a breakthrough imitative both for the State and for the Chamber within the next couple of years.
It would not be out of place to mention here, that the Chamber became a proud recipient of Responsible BMO (Business Membership Organization) Special Award instituted by a Foundation for MSME Clusters, a think tank in New Delhi, supported by DIPP, MSME Ministry and Department of Science and Technology, GOI. The Chamber was one of the 150 organizations which took part in the competition.
Skill Development which has been one of the favoritemissions of the Chamber is in for a new dimension this year with the Chamber signing the Memorandum of Understanding with Pan IIT Alumni Reach for India (PARFI) to have joint training facilities to train the unskilled youth and up skill the semi-skilled work force in order to bridge the skill deficits, promote employability and enhance the availability of well trained and competent human resources at entry level to industries in Tamil Nadu. This would be a direct help to our member industries who are starving for skilled man force and I request more members to support this initiative and benefit from the same.
Start ups would be given support through the SEE Boards. The Chamber has envisioned a strategy to encourage young entrepreneurs from the College level to seek guidance and support from the Chamber Boards to take their dreams forward.
The Chamber had the privilege of being a partner with the British Deputy High Commission and a NGO, Women of Worth in the “SHE LEADS” project and played an active role in identifying 10 potential women leaders in the age group 18- 24 years from different States. The Chamber became the first Chamber to have an exclusive training for Women to be on Board of Directors. The Chamber would continue in its endeavor to bring out the best for Women, this year through such innovative programs.
Apart from these special initiatives, our regular Flagship activities such as Power Conference, CSR Confernces, Tax Workshops, and Legal Conclave would continue to cater to your different needs.
The Expert Committees, our thinks tanks on various subjects have committed to a major conference/Seminar in their area of work. Further, the regular training programs, Seminars, certificate courses, interactive meetings with delegation from overseas, Industrial visits among others would be part and parcel of the next year’s activities.
I am eagerly looking forward to another year of wide spectrum of activities that would attract more members in to the Chamber’s fold and with the same enthusiasm look forward to your continued support to the Chamber.
Wishing you all a Happy Tamil New Year!