103rd ANNUAL REPORT 2019-2020 The Federation of Telangana Chambers of Commerce and Industry (Formerly known as FTAPCCI) Empowering Industry, Commerce and Trade Regd Ofice Federation House, FAPCCI Marg, Red Hills, Hyderabad, Telangana Phone : +91 -40 -23395515 (8 lines) Fax : +91-40-23395525 e-mail : [email protected] website : www.ftcci.in CIN No. U91110TG1964NPL001030 1 FTCCI oficials met Dr. Tamilisai Soundararajan, Hon’ble Governor, Telangana State : 4th January, 2020 at Raj Bhavan, conveyed New Year Greetings and invited her to address FTCCI members. Interactive meeting on “New India – Peace, Stability and Development” : 14th November, 2019 at FTCCI. Sri Karunendra S. Jasti, President, FTCCI presenting memento to Sri G.Kishan Reddy, Hon’ble Union Minister of State for Home Affairs, Govt. of India FTCCI Oficials met Shri K.Taraka Ramarao, Working President, Telangana Rashtra Samithi. Also seen Sri Jayesh Ranjan, IAS,, Principal Secretary, Industries & Commerce (I&C), Govt.of Telangana Launching Ceremony of FTAPCCI as the Federation of Telangana Chambers of Commerce and Industry (FTCCI) : 23rd September 2019. Prof. Faizan Mustafa, Vice-Chancellor of NALSAR University of Law addressing the gathering 2 Contents Pg.No. 1. Notice for Annual General Meeting 04 2. President’s Message 05 3. Ofice Bearers and Members of the Managing Committee 09 4. FTCCI Management 13 5. Past Presidents 14 6. Managing Committee’s Report 15 7. Attendance of the Members of the Managing Committee 22 8. Proceedings of the 102nd Annual General Meeting held on 19th July, 2019 23 9. Expert Committees 25 10. Internal Committees 27 11. Nominations on the Advisory Committees of Govt. of Telangana 29 12. Nominations on the Advisory Committees of Govt. of India and other Organizations 31 13. Nominees on the Institute Management Committees of Govt. ITIs, adopted by FTCCI 32 14. FTCCI Excellence Awards 34 15. List of Events and Meetings 35 16. Brief Report of Events 39 17. Report of the Membership Development & Chamber Networking Committee 59 18. Report of the Advisory / Consultative Committees 60 19. Representations to Government and other Authorities 63 20. Independent Auditor’s Report 68 21. Annual Accounts 71 3 The Federation of Telangana Chambers of Commerce and Industry Federaio House, FAPCCI Marg, --, Red Hills, Hderaad - . Ph: lies; Fa: -; e-ail: [email protected]; Wesite: www.ti.i; CIN UTGNPL Karunendra S. Jasti Ramakanth Inani K.Bhaskar Reddy President Sr. Vice President Vice President FTCCI/AGM/Notice/2019-20/98 June 24, 2020 NOTICE FOR ANNUAL GENERAL MEETING (Under Article 28) To: All the Members of the Federation: Sub: 103rd Annual General Meeting Saturday, the 25th July, 2020 at 11.00 a.m. at K. L. N. Prasad Auditorium, Registered Oice, Red Hills, Hyderabad Notice is hereby given under Article 28 of the Articles of Association of the Federation that the 103rd Annual General Meeting of The Federation of Telangana Chambers of Commerce and Industry (the ‘Federation’) will be held on day, date, time and venue mentioned above to transact the following business: A. ORDINARY BUSINESS: 1. To receive, consider and adopt the Annual Report consisting of Managing Committee’s Report, Financial Statement, together with the Auditor’s Report and any other statement, as required by the Companies Act, 2013, and Rules made there under, of the Federation for the inancial year ending 31st March, 2020. 2. To announce the appointment of the President as per Articles 28(1)(b) and Senior Vice-President for the year as per Article 15(5) of the Articles of Association of the Federation 3. To elect members (15) of the Managing Committee from amongst the valid nominations received as per the Article 15(8) of the Articles of Association of the Federation B. ANY OTHER BUSINESS: Any Member of the Federation may give Notice to the Secretary (I/c) not less than fourteen days (exclusive of the day on which the notice is given and the day of the meeting) prior to the date of the Annual General Meeting of any business that the Member desires to be considered at the Annual General Meeting, as per Article 28(2). All such Notices shall be circulated by the Secretary (I/c) to the Members at least seven days before the date of the Annual General Meeting. By Order of the Managing Committee For The Federation of Telangana Chambers of Commerce and Industry Date : June 24, 2020 P. Vydehi Place : Hyderabad Secretary (I/c) 4 PRESIDENT Message Dear FTCCIates, It gives me great pleasure to present the 103 Annual survey to understand the extent of impact of Covid-19 on Report of the Federation along with the Annual Accounts industry, trade and services sectors. Majority of the units and the Auditor’s Report for the year 2019-2020. expressed that it will impact their revenues and proits very badly and takes six months to one year time for the I was truly honored to head this 103 year old prestigious businesses to register normal levels of activity. organization and it’s been an enriching year for me in many aspects. As the voice of Industry and Business in J. F. Kennedy, President of United States, once famously the State of erstwhile Andhra Pradesh and now State of said, in Chinese, the word CRISIS composed of two Telangana, since 1917, the Federation always strives characters, one represents danger and one represents to promote sustainable business community across the opportunity. Though it was not correct interpretation, region. President Kennedy’s wisdom about a crisis yielding unique opportunities may be more important now than The last three years, coinciding with my tenure as ofice ever. The famous saying goes “sometimes the world bearer of Federation, have seen lots of highs and lows needs a crisis” to make people more innovative and in the business environment as countries of the world more dynamic, the Covid-19 crisis can be turned into an are passing through tough times. I must say that the opportunity for India to emerge a developed nation. challenges and dificulties the industry is facing in the last few years, and more so in the year 2019-2020 is Prime Minister Narendra Modi called on the Nation to unprecedented. view the crisis as an opportunity to achieve economic self-reliance. He stressed on the importance of promoting The year 2019-2020 was a tumultuous year with people, industry, businesses, and economies of the world ‘local’ products, calling it “Atmanirbhar Bharat Abhiyan” and announced a twenty lakh crore rupees package experiencing most uncertain times. At the beginning of - equivalent to 10 percent of GDP in 2019-20. The the year, India was estimated to grow at 7.3%, but the actual GDP growth rate was only 4.2% as compared to package meant to strengthen ive pillars on which India is standing – economy, infrastructure, system, democracy 6.1 percent in 2018-19. The last quarter growth rate was and demand. just 3.1 percent, as India, along with other countries, is going through worst crisis created by Covid-19. The The package includes various measures to extend crisis is more than a world war in its scale and loss in emergency loans to MSMEs, reducing the PF contribution wealth and human lives. It is time for the entire human by 2% (from 12% to 10%), extension of EPF payment by race to move ahead with poise and determination to the government for the units covered under PMGKY for overcome the crisis. another six months, till August, reduction of TDS / TCS by 25% etc. I am truly proud of our members who rose to the occasion to help the people in need by contributing Overall, the stimulus package announced for MSMEs and Rs. 42.3 lakhs to the CM Relief Fund and I sincerely other sectors like NBFCs and real estate is encouraging express my gratitude to all the donors for their generosity but unless the government announces measures that and kindness. I appreciate the employees of the secretariat beneit the MSMEs directly by putting some liquid cash for the contribution of their ‘One Day Salary’ to CM into their hands, it will be dificult for the small scale Relief Fund. sector to come out of crisis. The crisis has made a “deep impact” on Indian businesses In this context, I am hoping that, as promised, government and the subsequent disruptions in all activities will have will release all pending payments, amounting to Rs 5 a long-lasting impact on all sectors. FTCCI has done a lakh crore from PSUs and Government departments to 5 MSMEs within 45 days. This would increase the cash regarding relief to industries - Sri Anup Wadhawan, low in the economy, in turn, creates much needed I.A.S., Commerce Secretary, Department of Commerce, demand for goods and services. Strengthening of public Ministry of Commerce & Industry, Government of India; procurement policy and timely release of payments is the Dr. Ajay Bhushan Pandey, IAS, Revenue Secretary, need of the hour. Ministry of Finance, Government of India; Ms. Mallika Arya, I.R.S., Chief Commissioner of Customs and On a happy note, India is gradually improving its Rank Central Tax; Smt. Neetu Prasad, I.A.S., Commissioner in World Bank’s Ease of Doing Business and inching of Commercial Taxes upwards from the last three years to 63rd position and also it is heartening to note that Kerala, Andhra Pradesh, I am pleased to inform that most of the recommendations Telangana, Tamilnadu and Himachal Pradesh were stood submitted to Union Finance Minister have been as ‘best performing states’ in NITI Aayog’s Sustainable implemented to combat the Covid-19 crisis. Development Goals Index 2019-2020. Representations to State Government: It is heartening to note that despite the onset of Covid- Sri K.