Licence Raj

During a public event in Gujarat's Bhavnagar, Prime Minister Narendra Modi criticised Congress' policies for holding back India's growth, and urged a self-reliant India to secure the nation's future

Khandelwal said that ensuring 'dignity' of the traders in his constituency will be his utmost priority

Payments banks can receive deposits of up to ~2 lakh per customer, but cannot lend

There is a need to avoid huge taxes and undue licensing. All this can also reduce corruption and even doubts about corruption

Despite the central government ushering in reforms, the manufacturing sector is yet to see enhanced growth rates as officials in the states continue to function in a way they used to during the "licence and control days", Maruti Suzuki India Chairman RC Bhargava said on Tuesday. Speaking at an event here, the veteran industry leader noted that the central government over the last nine years has been bringing in a series of reforms and improvements in the business environment. He noted that the country has seen massive improvement in the rankings when it comes to the ease of doing business. Besides, the government has also abolished over 1,000 old acts while initiating a lot of reforms in taxation as well, Bhargava said. "All designed to make it easier to do business in India, and to be more competitive in manufacturing. Unfortunately, the results are not yet apparent," Bhargava said. He noted that the bulk of the interaction of manufacturers and entrepreneurs is with the state ...

Import management system for IT is licence raj by another name

In an exclusive interview, Sitharaman says focus is on sunrise sectors, job creation

Execs in America say they expect US' Trade Representative Katherine Tai, who is visiting India from August 23-25, to take up the matter with New Delhi

How long will RBI's wait and watch posture continue? Is the autonomy of IIMs in danger? How are markets reading into RBI's inflation revision? What is licence raj? All answers here

Licence raj was a play on the term British raj used to describe the Indian government's strict rules and control over the economy and economic activity

Computer import curbs should be rolled back

It may be time to restore economics and prior consultation to their rightful place in the policy-making process, writes T N Ninan

Many global agencies have raised concern that the draft Bill will adversely impact privacy by giving DoT almost unlimited powers to access and endlessly demand all manner of private information

Chairman of vaccine maker Serum Institute of India (SII), Dr Cyrus Poonawalla, on Friday hailed the Modi government saying that red-tapism and licence raj have come down under its rule.

Creation of import barriers must be avoided

Our economy reflects a slide back to the Licence Raj. Realising our potential requires that we squash bureaucratic control

As per the draft policy, ministries and departments will be told to assess whether licensing should be scrapped and replaced with a simple registration process

Geospatial Bill needs to be rewritten from scratch