Ease Of Doing Business Index

The government will release the ranking of states and Union Territories (UTs) in terms of ease of doing business on June 30, the commerce and industry ministry said on Wednesday. Finance Minister Nirmala Sitharaman will release the assessment report of states/UTs under Business Reforms Action Plan (BRAP), 2020 in the presence of Commerce and Industry Minister Piyush Goyal on Thursday, it said. The exercise is aimed at triggering competition among states to improve the business climate to attract domestic and global investors. BRAP 2020 includes 301 reform points that cover 15 business regulatory areas such as access to information, single window system, labour, environment, sectoral reforms and other reforms spanning across the lifecycle of a business. Sectoral reforms have been introduced this time wherein 72 reforms were identified across nine sectors - trade license, healthcare, legal metrology, cinema halls, hospitality, fire NOC (no objection certificate), telecom, movie shoot

Kerala government has raised concerns about the process followed for the latest ease of doing business ranking of states. The issue was raised by Kerala Industries Minister P Rajeev during his meeting with Union Commerce and Industry Minister Piyush Goyal in the national capital. Addressing reporters here on Thursday, Rajeev said the concerns regarding the ranking process were raised with Goyal. The minister said that the process will be reviewed, according to Rajeev. The meeting happened on Wednesday. Kerala's ranking has slipped to 28th position. Rajeev also met Union Finance Minister Nirmala Sitharaman and urged for a relief package for the crisis-hit sector. The government has sought a relief package for the cashew sector which is facing a crisis. Rajeev emphasised that the state is focused on promoting ease of living and attract investments based on ESG (environmental, social and governance) aspects.

The state govt said the state implemented significant reforms in the past two years

PM Modi said low-income groups must never feel the absence of government

Improved ranking in Ease of Doing Business is welcome, but it doesn't improve ability to compete externally. It helps investors in India but doesn't help talent to become better in a competitive world

: Over a fifth of British companies feel conditions surrounding ease of doing business with India have not improved, a survey by the UK India Business Council has said. A majority 56 percent of those surveyed by the body, however, disagreed and feel it is easier to do business with India, an official statement said. Number of those who blame corruption as a barrier to business has reduced to 17.5 percent in 2019, down from 50 percent in 2014, it said. The survey findings said 'legal and regulatory impediments' are the biggest barrier to do business with India, with 59 per cent of them flagging it. ************************ Piramal Foundation partners with Bill Gates Foundation The Piramal Foundation announced a partnership with the Bill & Melinda Gates Foundation for setting up a tribal health collaborative. This multi-stakeholder collaborative will focus on improving health and nutrition outcomes in high-burden and tribal districts, including the aspirational ...

The country is still ranked below 100 in starting a business, registering property, enforcing contracts and paying taxes

It is time to rank the states for their business and investment environment on the basis of investor perception

David Malpass says corporate tax cut should add to more growth

The official's remarks came as India jumped 14 places to take the 63rd position on the World Bank's ease of doing business ranking

The country also figured among the the top 10 performers on the list for the third time in a row

India was 77th among 190 countries in the previous ranking

Experts say recent amendments to the Specific Relief Act will help improve enforcement of contracts and reduce litigation

Even World Bank figures show business still tough under Modi

The World Bank's chief economist said he would recalculate national rankings of business competitiveness going back at least four years

Given India's economic performance, we should compare ourselves to the Southeast Asian countries such as Malaysia (ranked 24), Thailand (26) and Vietnam (68)

The World Bank report tracks changes in labour rules every year but does not take them into account while arriving at the ranking

Why achieving Prime Minister Narendra Modi's goal of raising India's rank in ease of doing business depends on how states perform