An 84-page review, written by senior academics and economists, was published on the bank's website on Monday, about three weeks after it was submitted to World Bank chief economist Carmen Reinhart.
Simplification, facilitation and ease of doing business has helped India create more startups, Commerce and Industry Minister Piyush Goyal said on Sunday. For promoting startups, the government is creating future global leaders and wants to become the innovation hub of the world, he said during an interaction with the industry representatives in Bengaluru. "India has been able to create the third largest startup ecosystem in the world since its launch.This has been possible by the government's focus on reforms like simplification, facilitation and ease of doing business," he said. He called upon the industries to be self-sufficient in the area of semiconductors. Goyal also suggested the participants to formulate a draft road map for the development of startups.
They said the World Bank's discontinuation of the "Doing Business" reports could make it harder for investors to assess where to put their money
Kristalina Georgieva denies she had applied pressure on staff of World Bank, when she worked there, to boost China's ranking in the report.
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.
The Delhi government has defended its New Excise Policy 2021 before high court, saying that the new regime would generate optimum revenue and ensure ease of doing business
Lok Sabha Monday passed the Limited Liability Partnership (Amendment) Bill, which seeks to encourage the start-up ecosystem and further boost the ease of doing business, amid uproar by the Opposition
Kerala's industries minister P Rajeeve talks about the state's industrial roadmap while raising doubts on the Ease of Doing Business rankings by the Centre
Maadhyam is a National Single Window System that will allow investors to identify and apply for various pre-operation clearances needed for starting business in the country
Niti Aayog Vice Chairman Rajiv Kumar on Tuesday said a healthy and efficient distribution sector is essential for improving the ease of doing business, and for improving ease of life.
The government will also introduce a new definition of small LLPs based on their turnover size and contributions by partners
India remains a challenging place" to do business, the US has said, urging it to foster an attractive and reliable investment climate by reducing barriers to investment and minimising the bureaucratic hurdles. The State Department, in a report '2021 Investment Climate Statements: India' released on Wednesday, said that India remains a challenging place to do business and also referred to the removal of the special constitutional status from the state of Jammu and Kashmir (J&K) and the passage of the Citizenship Amendment Act (CAA). New protectionist measures, including increased tariffs, procurement rules that limit competitive choices, sanitary and phytosanitary measures not based on science, and Indian-specific standards not aligned with international standards, effectively closed off producers from global supply chains and restricted the expansion in bilateral trade, the report said. In its report, the State Department said that the National Democratic Alliance (NDA) ...
Here are the best of Business Standard's opinion pieces for Thursday
Business index rankings have become a substitute for addressing the fundamental constraints faced by entrepreneurs
Asked about the episode, Vijayan reiterated that Kerala is one of India's most investor-friendly states
We need to bring reforms as much as we can, after Covid: NITI Aayog CEO
All central government departments and 14 state governments, to begin with, will be part of the system
In 2020-21, UP emerged the largest economy after Maharashtra, up from fifth position during 2019-20 and ahead of Tamil Nadu, Gujarat, and Karnataka
Union Finance Ministry on Saturday informed that twenty states have completed the 'Ease of Doing Business' reforms stipulated by the Department of Expenditure
The world has expectations from India and complains when those aren't met. If global praise is acceptable to Modi govt, why the resentment and rejection over criticism?