Deprecated (16384): The ArrayAccess methods will be removed in 4.0.0.Use getParam(), getData() and getQuery() instead. - /home/brlfuser/public_html/src/Controller/ArtileDetailController.php, line: 150
 You can disable deprecation warnings by setting `Error.errorLevel` to `E_ALL & ~E_USER_DEPRECATED` in your config/app.php. [CORE/src/Core/functions.php, line 311]
Code Context


        trigger_error($message, E_USER_DEPRECATED);

    }
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 You can disable deprecation warnings by setting `Error.errorLevel` to `E_ALL & ~E_USER_DEPRECATED` in your config/app.php.'
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deprecationWarning - CORE/src/Core/functions.php, line 311
Cake\Http\ServerRequest::offsetGet() - CORE/src/Http/ServerRequest.php, line 2421
App\Controller\ArtileDetailController::index() - APP/Controller/ArtileDetailController.php, line 150
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Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
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Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Http\Runner::run() - CORE/src/Http/Runner.php, line 51
Cake\Http\Server::run() - CORE/src/Http/Server.php, line 98

Deprecated (16384): The ArrayAccess methods will be removed in 4.0.0.Use getParam(), getData() and getQuery() instead. - /home/brlfuser/public_html/src/Controller/ArtileDetailController.php, line: 151
 You can disable deprecation warnings by setting `Error.errorLevel` to `E_ALL & ~E_USER_DEPRECATED` in your config/app.php. [CORE/src/Core/functions.php, line 311]
Code Context


        trigger_error($message, E_USER_DEPRECATED);

    }
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 You can disable deprecation warnings by setting `Error.errorLevel` to `E_ALL & ~E_USER_DEPRECATED` in your config/app.php.'
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deprecationWarning - CORE/src/Core/functions.php, line 311
Cake\Http\ServerRequest::offsetGet() - CORE/src/Http/ServerRequest.php, line 2421
App\Controller\ArtileDetailController::index() - APP/Controller/ArtileDetailController.php, line 151
Cake\Controller\Controller::invokeAction() - CORE/src/Controller/Controller.php, line 610
Cake\Http\ActionDispatcher::_invoke() - CORE/src/Http/ActionDispatcher.php, line 120
Cake\Http\ActionDispatcher::dispatch() - CORE/src/Http/ActionDispatcher.php, line 94
Cake\Http\BaseApplication::__invoke() - CORE/src/Http/BaseApplication.php, line 235
Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Routing\Middleware\RoutingMiddleware::__invoke() - CORE/src/Routing/Middleware/RoutingMiddleware.php, line 162
Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Routing\Middleware\AssetMiddleware::__invoke() - CORE/src/Routing/Middleware/AssetMiddleware.php, line 97
Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Error\Middleware\ErrorHandlerMiddleware::__invoke() - CORE/src/Error/Middleware/ErrorHandlerMiddleware.php, line 96
Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Http\Runner::run() - CORE/src/Http/Runner.php, line 51
Cake\Http\Server::run() - CORE/src/Http/Server.php, line 98

Warning (512): Unable to emit headers. Headers sent in file=/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Error/Debugger.php line=853 [CORE/src/Http/ResponseEmitter.php, line 48]
Code Context
            if (Configure::read('debug')) {

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                            <div align="justify">-Newsclick.in<br /><br /><em>A World Bank study ignores slumping economy and raging joblessness to praise &lsquo;reforms&rsquo;.<br /></em><br />A charming little bromance seems to be brewing between the World Bank and India&rsquo;s Modi-led government. A series of reports by the World Bank has praised Modi for various kinds of &ldquo;reforms&rdquo;. The latest is the so called &ldquo;Doing Business&rdquo; report of the World Bank which lavishes praise on the Modi govt. for making it easier to do business in India. This report, an annual affair for the past 19 years, says that Modi&rsquo;s India has jumped from a ranking of 130 last year to 100 this year, among 190 countries. Modi quickly tweeted his appreciation.<br /><br />What the report is talking about is how business friendly, market oriented and profitable it is to start a business. Less regulation, less bureaucracy, less time equals more profitability and higher ranking in the report&rsquo;s view. This is a typical international finance view of business which equates &lsquo;ease&rsquo; with deregulation and freedom from oversight. Not surprisingly, the report also gives high marks to India for improving insolvency laws, that is, laws that ease the way for businesses to shut shop and swallow up bank loans or workers&rsquo; dues.<br /><br />Doing business, as used by the report authors, means how easy it is to start a new business by getting various regulatory permissions quickly and to a limited extent also how easy it is to actually run the business. Parameters for measuring this include getting PAN and TAN online, getting new construction permits, getting credit, paying taxes, enforcing contracts, resolving insolvency, etc. Information was also collected on labour laws but this was dropped from final consideration.<br /><br />Although the report is titled &ldquo;Doing Business: Reforming to Create Jobs&rdquo; the whole jobs issue is neatly ducked by the analysis. It is implied that if businesses start faster and run more, jobs will also grow. This flies in the face of India&rsquo;s experience for the past decade and a half which saw an abysmal job growth of just 2% between 2001 and 2011 which slumped further to about 1% in 2012 and 2015. Through this period, which saw 37 &ldquo;reforms&rdquo; being initiated, first by UPA govt. and then by the Modi govt., business was supposed to be flourishing with the economy growing at an average 7% per annum. There is no connection between jobs and World Bank style reforms.<br /><br />Please <a href="https://newsclick.in/world-banks-false-praise-pleases-besieged-modi" title="https://newsclick.in/world-banks-false-praise-pleases-besieged-modi">click here</a> to read more. <br /></div>                                                           
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    <h1 class="cat-box-title">World Bank&#039;s False Praise Pleases Besieged Modi -Subodh Varma</h1>
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                            <div align="justify">-Newsclick.in<br /><br /><em>A World Bank study ignores slumping economy and raging joblessness to praise &lsquo;reforms&rsquo;.<br /></em><br />A charming little bromance seems to be brewing between the World Bank and India&rsquo;s Modi-led government. A series of reports by the World Bank has praised Modi for various kinds of &ldquo;reforms&rdquo;. The latest is the so called &ldquo;Doing Business&rdquo; report of the World Bank which lavishes praise on the Modi govt. for making it easier to do business in India. This report, an annual affair for the past 19 years, says that Modi&rsquo;s India has jumped from a ranking of 130 last year to 100 this year, among 190 countries. Modi quickly tweeted his appreciation.<br /><br />What the report is talking about is how business friendly, market oriented and profitable it is to start a business. Less regulation, less bureaucracy, less time equals more profitability and higher ranking in the report&rsquo;s view. This is a typical international finance view of business which equates &lsquo;ease&rsquo; with deregulation and freedom from oversight. Not surprisingly, the report also gives high marks to India for improving insolvency laws, that is, laws that ease the way for businesses to shut shop and swallow up bank loans or workers&rsquo; dues.<br /><br />Doing business, as used by the report authors, means how easy it is to start a new business by getting various regulatory permissions quickly and to a limited extent also how easy it is to actually run the business. Parameters for measuring this include getting PAN and TAN online, getting new construction permits, getting credit, paying taxes, enforcing contracts, resolving insolvency, etc. Information was also collected on labour laws but this was dropped from final consideration.<br /><br />Although the report is titled &ldquo;Doing Business: Reforming to Create Jobs&rdquo; the whole jobs issue is neatly ducked by the analysis. It is implied that if businesses start faster and run more, jobs will also grow. This flies in the face of India&rsquo;s experience for the past decade and a half which saw an abysmal job growth of just 2% between 2001 and 2011 which slumped further to about 1% in 2012 and 2015. Through this period, which saw 37 &ldquo;reforms&rdquo; being initiated, first by UPA govt. and then by the Modi govt., business was supposed to be flourishing with the economy growing at an average 7% per annum. There is no connection between jobs and World Bank style reforms.<br /><br />Please <a href="https://newsclick.in/world-banks-false-praise-pleases-besieged-modi" title="https://newsclick.in/world-banks-false-praise-pleases-besieged-modi">click here</a> to read more. <br /></div>                                                           
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    <br><a href="https://newsclick.in/world-banks-false-praise-pleases-besieged-modi" class="re" target="_blank">Newsclick.in, 1 November, 2017, https://newsclick.in/world-banks-false-praise-pleases-besieged-modi</a><div class="clear"></div>
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A World Bank study ignores slumping economy and raging joblessness to praise &lsquo;reforms&rsquo;.

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    <h1 class="cat-box-title">World Bank&#039;s False Praise Pleases Besieged Modi -Subodh Varma</h1>
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                            <div align="justify">-Newsclick.in<br /><br /><em>A World Bank study ignores slumping economy and raging joblessness to praise &lsquo;reforms&rsquo;.<br /></em><br />A charming little bromance seems to be brewing between the World Bank and India&rsquo;s Modi-led government. A series of reports by the World Bank has praised Modi for various kinds of &ldquo;reforms&rdquo;. The latest is the so called &ldquo;Doing Business&rdquo; report of the World Bank which lavishes praise on the Modi govt. for making it easier to do business in India. This report, an annual affair for the past 19 years, says that Modi&rsquo;s India has jumped from a ranking of 130 last year to 100 this year, among 190 countries. Modi quickly tweeted his appreciation.<br /><br />What the report is talking about is how business friendly, market oriented and profitable it is to start a business. Less regulation, less bureaucracy, less time equals more profitability and higher ranking in the report&rsquo;s view. This is a typical international finance view of business which equates &lsquo;ease&rsquo; with deregulation and freedom from oversight. Not surprisingly, the report also gives high marks to India for improving insolvency laws, that is, laws that ease the way for businesses to shut shop and swallow up bank loans or workers&rsquo; dues.<br /><br />Doing business, as used by the report authors, means how easy it is to start a new business by getting various regulatory permissions quickly and to a limited extent also how easy it is to actually run the business. Parameters for measuring this include getting PAN and TAN online, getting new construction permits, getting credit, paying taxes, enforcing contracts, resolving insolvency, etc. Information was also collected on labour laws but this was dropped from final consideration.<br /><br />Although the report is titled &ldquo;Doing Business: Reforming to Create Jobs&rdquo; the whole jobs issue is neatly ducked by the analysis. It is implied that if businesses start faster and run more, jobs will also grow. This flies in the face of India&rsquo;s experience for the past decade and a half which saw an abysmal job growth of just 2% between 2001 and 2011 which slumped further to about 1% in 2012 and 2015. Through this period, which saw 37 &ldquo;reforms&rdquo; being initiated, first by UPA govt. and then by the Modi govt., business was supposed to be flourishing with the economy growing at an average 7% per annum. There is no connection between jobs and World Bank style reforms.<br /><br />Please <a href="https://newsclick.in/world-banks-false-praise-pleases-besieged-modi" title="https://newsclick.in/world-banks-false-praise-pleases-besieged-modi">click here</a> to read more. <br /></div>                                                           
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    <br><a href="https://newsclick.in/world-banks-false-praise-pleases-besieged-modi" class="re" target="_blank">Newsclick.in, 1 November, 2017, https://newsclick.in/world-banks-false-praise-pleases-besieged-modi</a><div class="clear"></div>
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Home हिन्दी

World Bank's False Praise Pleases Besieged Modi -Subodh Varma

Published on Nov 2, 2017   Modified on Nov 2, 2017

-Newsclick.in A World Bank study ignores slumping economy and raging joblessness to praise ‘reforms’. A charming little bromance seems to be brewing between the World Bank and India’s Modi-led government. A series of reports by the World Bank has praised Modi for various kinds of “reforms”. The latest is the so called “Doing Business” report of the World Bank which lavishes praise on the Modi govt. for making it easier to do business in India. This report, an annual affair for the past 19 years, says that Modi’s India has jumped from a ranking of 130 last year to 100 this year, among 190 countries. Modi quickly tweeted his appreciation. What the report is talking about is how business friendly, market oriented and profitable it is to start a business. Less regulation, less bureaucracy, less time equals more profitability and higher ranking in the report’s view. This is a typical international finance view of business which equates ‘ease’ with deregulation and freedom from oversight. Not surprisingly, the report also gives high marks to India for improving insolvency laws, that is, laws that ease the way for businesses to shut shop and swallow up bank loans or workers’ dues. Doing business, as used by the report authors, means how easy it is to start a new business by getting various regulatory permissions quickly and to a limited extent also how easy it is to actually run the business. Parameters for measuring this include getting PAN and TAN online, getting new construction permits, getting credit, paying taxes, enforcing contracts, resolving insolvency, etc. Information was also collected on labour laws but this was dropped from final consideration. Although the report is titled “Doing Business: Reforming to Create Jobs” the whole jobs issue is neatly ducked by the analysis. It is implied that if businesses start faster and run more, jobs will also grow. This flies in the face of India’s experience for the past decade and a half which saw an abysmal job growth of just 2% between 2001 and 2011 which slumped further to about 1% in 2012 and 2015. Through this period, which saw 37 “reforms” being initiated, first by UPA govt. and then by the Modi govt., business was supposed to be flourishing with the economy growing at an average 7% per annum. There is no connection between jobs and World Bank style reforms. Please click here to read more.

Newsclick.in, 1 November, 2017, https://newsclick.in/world-banks-false-praise-pleases-besieged-modi

Tagged with: Ease of Doing Business world bank Economic Growth Economic Development

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