-The Indian Express Ease of Doing Business: A look at how states performed, and what went into calculating the final rankings. The latest ease of doing business rankings for Indian states, released by the Department for Promotion of Industry and Internal Trade (DPIIT), have thrown up some interesting results. The absence of more industrialised states such as Tamil Nadu and Maharashtra from the top rungs and the presence of states such as...
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Centre’s ‘Ease of Doing Business’ ranking is pointless, it must be dumped -R Ramakumar
-TheFederal.com It has no meaningful relationship to actual economic performances of states, has become a tool for govt to push through contentious reforms India’s Ministry of Commerce and Industry has released the ranking of States based on the implementation of the “Business Reform Action Plan” (BRAP) for 2019. The BRAP is a set of reform points for States, released by the central government. Relative levels of success in the implementation of BRAP...
More »Punjab Latest to Effect Labour Reforms; ‘Race to the Bottom’ in Labour Standards, Says Expert -Ronak Chhabra
-Newsclick.in Sundar believes this will result in the creation of “regional labour markets”, which will lead to “a race to reach the bottom of labour standards” among the states. The Congress-led Punjab government will soon bring an ordinance and become the latest state to effect labour law reforms, including eased retrenchment norms in the state, in a move that can be seen as following in the BJP’s footsteps to jump ranks in...
More »Agriculture reforms:: a mantra for equitable growth -Ajay S Shriram
-The Indian Express There are many things that the government can do to improve ease of doing business for kisan and industry. The budget season is upon us, with a flurry of submissions being made to the finance minister from all quarters. The budget itself could result in a fine-tuning of tax rates and allocation adjustments against various expenditure heads/ministries. There are implications from these for all sectors. And no less...
More »RBI says lack of domestic demand affecting 'animal spirits' of economy
-The Hindu Reviving the consumption demand and private investment has assumed the highest priority in 2019-20, notes central bank report. Mumbai: The Reserve Bank of India (RBI), in its annual report for 2018-19, has said the lack of domestic demand is holding back the animal spirits in the economy and emphasised the need to revive consumption demand and private investment during 2019-20. “What ails the animal spirits? At the core is the...
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