New Delhi: Sangeeta Reddy, joint managing director of Apollo Hospital Group, has taken over as the chairman of the country's main industry body FICCI. She has been elected as the President of FICCI for 2019-20. She replaces Sandeep Somani, vice-chairman and managing director of SIL, as the chairman of FICCI. Gold Price Today: Weakness in rupee increases price of gold and silver According to a FICCI release, Uday Shankar, head of Walt Disney Company APAC and Star and Disney India chairman, will now become senior vice president of FICCI, while Sanjeev Mehta, chairman and managing director of Hindustan Unilever Limited (HUL), has been appointed as the new vice president of FICCI. Reddy said in a release issued here, "I am looking forward to the very special year ahead for FICCI and the country. In our 92nd Annual General Meeting, we have prepared a plan of action to achieve the target of $ 5,000 billion economy for India." SBI: Banks do not have any lack of capital, people can take loans without any hesitation She further said that many issues were discussed in our annual general meeting that ended last weekend. The most important issue is that everyone is moving forward with the commitment of how to make the country a 5 thousand billion dollar economy. Government should give relief of at least 25% in GST rates: Assocham President Niranjan Hiranandani