-TheWire.in While synergising state and business interests through ‘single window’ mechanisms helps investors, it can compromise the role of regulatory agencies like the state pollution control board. On November 16 ,2017 Odisha chief minister Naveen Patnaik launched an online system called GO-SWIFT for supporting the state’s existing ‘single-window clearance system’. Odisha continues to be ranked high among different states in India on the ease of doing business index. It is part of a...

-PTI Also says that note ban's impact could adversely affect its business The country's largest lender, the State Bank of India (SBI), has expressed apprehensions that demonetisation may continue to result in slowing down of the economy and adversely affect its business. The government had discontinued Rs 500 and Rs 1,000 banknotes from November 9, 2016, and issued new Rs 500 and Rs 2,000 currency notes in exchange for the discontinued ones. The long-term...

-The Indian Express If India is to improve its ease of doing business rank, the Centre needs to partner with states Twenty-five years ago, there would have been no interest in a subject such as the ease of doing business in India. What mattered then was the level of protection the closed economy provided and the ability to negotiate industrial approvals from Udyog Bhawan. Much water has since flown down the...

-The Indian Express Over-dependence on fossil fuels will hurt sustainable development in India For decades, mature economies have seen their jobs being off-shored to newly industrialising countries. To stop the bleeding, they are working hard to unleash the digital and renewable energy revolutions. The aggressive push to regain competitiveness by digital automation has been widely noted. What is less understood is the logic behind the energy transformation. In manufacturing economies, the cost...

-The Times of India A recent report by a data consultancy owned by the Financial Times of London created a stir by estimating that India is now the most favorite destination for foreign direct investment, beating China and the USA. The fine print indicates that they are talking about "estimated capital expenditures" in greenfield, that is, new ventures. By this estimate, India attracted $31 billion compared to China's $28 billion in...