The proposed Mediation Council of India, established under the Mediation Act enacted last year, will mandate that mediation proceedings be completed within 180 days
Out of 17 economies in the Asian region, India is ranked 10th in the 2023- 27 forecast period, up from 14th in 2018-22 period
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
To discontinue 'Doing Business' reports after ethics review
DPIIT Secretary Guruprasad Mohapatra said that the ease of doing business ranking of states and UTs for next year would be released by March 2021.
Delhi jumps from 23rd position to 12th rank, Odisha see steepest decline of 15 ranks
The ranking was released by Finance Minister Nirmala Sitharaman along with Commerce Minister Piyush Goyal and Civil Aviation Minister Hardeep Singh Puri
To move the ease of biz needle up, experts say there is need to adopt a multi-pronged approach
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
The country is still ranked below 100 in starting a business, registering property, enforcing contracts and paying taxes
David Malpass says corporate tax cut should add to more growth
In the latest report, India managed to better its ranking on seven of the World Bank's 10 parameters
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
India jumped 14 places to the 63rd position on the World Bank's ease of doing business ranking released earlier in the day
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
In last year's report, 'Doing Business 2018: Reforming to Create Jobs', India had jumped 30 places to the 100th rank among 190 countries.
Gujarat slipped two positions to rank fifth in the ease of doing business ranking among all the states
The results of the 'Business Reform Action Plan 2017' - the 3rd edition of the rankings are to be released later today
India jumps 30 positions to 100 in World Bank's ease of doing business rankings