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What the Union cabinet approved on Thursday: All you need to know

From re-promulgation of ordinance to improve ease of doing business to $75-billion swap arrangement between India and Japan, the Union Cabinet took some major decisions

What the Union cabinet approved on Thursday: All you need to know
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Press Trust of India
Repromulgation of ordinance to improve ease of doing business

  • The Union Cabinet on Thursday approved re-issuance of an ordinance to improve ease of doing business, declog the NCLT and prescribe strong action against non-compliant companies
  • A Bill to replace an earlier ordnance was passed by the Lok Sabha in the winter session and is pending in the Rajya Sabha.The Ordinance was brought with a view to declog special courts and the National Company Law Tribunal (NCLT). It will also reduce the burden on the NCLT and special courts and improve ease of doing business in the country
Repromulgation of triple talaq ordinance
  • The Union

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