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Ease of Doing Business News

09 Nov 2024

Govt Eases Norms For Customs Cargo Service Providers To Boost Global Trade

Customs Cargo Service Providers (CCSPs) were required to insure goods stored in Customs areas for a period of 10 days in terms of Handling of Cargo in Customs Areas Regulations, 2009.

20 Aug 2022

India is world's largest startup ecosystem: BJP President JP Nadda

India is the world’s largest startup ecosystem says J. P Nadda India has over 75,000 startups more than 100 have become unicorns Even after the Covid-19 outbreak, India has yet continued to grow quickly

30 Sep 2021

Noida becomes number 1 in India, rakes in record Rs 64,000 crore investment

Noida has now become one of the largest industrial investment districts in the country. The three development authorities have sold more than 3 thousand pieces of land. More than 3 thousand investors are setting up their units in Noida by investing Rs 64,362 crores.

National Single Window System. NSWS

22 Sep 2021

Piyush Goyal launches National Single Window System

The minister believes that the NSWS portal will provide freedom to investors from the legacy of running to govt offices for approvals. The move is expected to further improve the ease of doing business in India. 18 departments and nine states have joined with the National Single Window System.

24 Jul 2021

CBIC abolishes licence renewal requirement for customs brokers

The life-long validity of licenses/registrations is expected to promote the Ease of Doing Business in India. The amendments also provide that the licensee/registration holder can voluntarily come forward to surrender his license/registration if s/he wishes. These steps would prevent misuse of dormant licences/registrations.

Ease of Doing Business

30 Dec 2020

Odisha becomes 7th state to complete ease of doing business reforms

The reforms stipulated in this category include completion of the first assessment of ‘District Level Business Reform Action Plan’ Elimination of the requirements of renewal of registration certificates/approvals/ licences obtained by businesses under various Acts Implementation of computerized central random inspection system under the Acts wherein allocation of inspectors is done centrally

31 Jul 2020

Single window system for industrial approvals will soon be in place: Goyal

Goyal urged both industry and government to work as partners and urged the industry to play a proactive role in helping the government identify the tax evaders and violators. He said that the government’s effort is to try and bring all good practices on one platform and the single window will be a genuine one. He said his team is in constant touch with State departments to ensure that the single window gets expedited.

Prime Minister Narendra Modi

07 Nov 2019

Competition has increased for investments in India: PM Modi

Competition has increased for investments in India, said Prime Minister Narendra Modi, while addressing Himachal Pradesh Global Investors at Dharmshila on Thursday. Hailing the investors meet in his address, the Prime Minister termed it as a major leap ahead. The two-day investment meet, starting today is being held to showcase investment opportunities in the state.

24 Oct 2019

India jumps 14 notches, ranked 63rd in Ease of Doing Business

India has recorded a jump of 14 positions to the 63rd among 190 countries as per the World Bank. Last year India was ranked in 77th position. In six years of the Narendra Modi government, India`s ranking improved 79 places from 142nd in 2014 to 63th in 2019, a record for a major economy.

14 Jun 2019

Government reduces rate of ESI contribution from 6.5% to 4%

The reduction in rates will benefit 3.6 crore employees and 12.85 lakh employers, government said.

Ease of Doing Business

09 May 2019

India expects improvement in WB's doing biz ranking this year

An official delegation including secretary in the Department for Promotion of Industry and Internal Trade (DPIIT) Ramesh Abhishek, apprised a World Bank team in Washington of reform measures taken by the government in easing the business process.

Ease of Doing Business

12 Mar 2019

5 states with highest and lowest rank in ease of doing business in last 3 year

The Doing Business assessment provides objective measures of business regulations and their enforcement across 190 economies.

Getting It Right

10 Aug 2018

BJP-ruled states are worse than the others because they are frivolous

On the whole BJP-ruled states are not doing very well because of theatrics and outright populism.

Getting It Right

04 Aug 2018

Mindless meddling: Maharashtra's order on food at multiplexes is anti-business

Mumbai is struggling in the rain. But the government seems more interested in mindlessly populist meddling with non-essential movie-watching.

24 Feb 2018

Frauds put ease of doing business to background, scars take frontseat: Jaitley

Jaitley said that the unethical behaviour in the lender-borrower relation needs to end.

19 Feb 2018

Maharashtra to be crucial in India's entry to top 50 global 'ease of doing business' ranking: Amitabh Kant

Maharashtra will play a key role in helping the country to break into the top 50 in the global list for ease of doing business over the next two years, Niti Aayog Chief Executive Amitabh Kant has said.

Ease of Doing Business

01 Feb 2018

Ease of Doing Business: Budget 2018 outlines 372-point plan for states

In the latest Ease of Doing Business report of the World Bank, India's position jumped 30 places to rank 100th among 190 nations.

Economic Survey

29 Jan 2018

Why Economic Survey 2017-18 is in pink colour: All you need to know

According to CEA Arvind Subramanian, this is to extend the committee's support to the growing worldwide movement to end violence against women.

14 Jan 2018

World Bank to recalculate national rankings of ease of doing business

Giving credence to the theory that the World Bank's popular ease of doing business (EODB) ranking is not credible and accurate, its chief economist Paul Romer has announced to recalculate the national rankings of business competitiveness going back to at least four years.

Illicit fund flows

26 Dec 2017

Non-compliance to be 'very costly' for companies: Govt

Continuing the clampdown on illicit fund flows, the Ministry of Corporate Affairs has already struck off more than 2.24 lakh companies that have not been doing business for long and has disqualified over three lakh directors associated with such entities.

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