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Question

↵write short note on
  • the Indian Industrial and Commercial Congress
  • the Federation of the Indian Chamber of Commerce and Industries (FICCI).

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Solution

The Indian Industrial and Commercial Congress
  • Was established in 1920
  • It was established by the Bombay businessmen who were keen on a separate organization for business interest
  • Sir Fazulbhoy Currimbhoy was the first president of the organization and Dinshaw Wacha the first chairman
  • In its third session in 1926, it passed resolution to dissolve itself and create an association that had nationwide reach

The Federation of Indian Chambers of Commerce and Industry (FICCI)
  • Is a business organization association
  • Was established in 1927, on the advice of Mahatma Gandhi to GD Birla and Purushottam Das Thakurdas,
  • It is the oldest and the largest business organization in India
  • It has the private and public corporate sector as its members
  • It is headquartered in New Delhi
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