The document discusses India's performance in the World Bank's Ease of Doing Business rankings. It provides details on how the rankings are calculated based on 10 sub-indices. India has improved its ranking over the years due to various reforms like streamlining construction permits, reducing the time required to get electricity connections, implementing GST to replace multiple taxes, and enacting a new bankruptcy code. The document outlines India's progress on different indicators and highlights further reforms needed to continue improving the business environment and achieve a top 50 ranking.
The document describes the ease of doing business in India. It discusses the factor used for calculating ease of doing business index. It also mentions about the regulations restricting the ease of doing business in India and the way forward to improve the same.
This presentation contains all the details regarding new improvements in Doing Business in India 2018. The data is taken from various news articles and Ease of Doing business 2018 world bank Report. I am ready to send detailed report along with conclusion on Ease of doing business at Attractive price..
Following are the references used in report:
1 World Bank, Doing Business Report 2018, October 2017
2 Doing Business website: http://www.doingbusiness.org
3 live mint, 2017, Matthew Lillehaugen and Milan Vaishnav: Doing business in India: myths and realities
4 Hindustan Times, October 31, 2017, P Suchetana Ray and Asit Ranjan Mishra, India jumps into top 100 in World Bank’s ease of doing business rankings
5 Hindustan Times, 1 Nov, 2017, P Suchetana Ray and Moushumi Das Gupta, Ease of doing business: How India improved its ranking.
The government of India has, in the past few years, accorded an utmost priority to the Ease of Doing Business (EoDB). The accent is on simplification of regulations and use of technology to make the compliance more efficient for businesses. Apart from the Centre, the States are also being encouraged to implement business reforms in the spirit of competitive federalism, to foster reforms at the sub-national level. The measures are aimed at creating a conducive business environment, which is a key to facilitating growth and creating jobs. Thanks to these measures, India’s EoDB ranking, captured by the World Bank, has improved by 42 spots since 2014 to touch the 100th position now. The Prime Minister envisions India among the top 50 nations in the next couple of years.
While business reforms are being undertaken at a rapid pace and large scale, cutting across Central as well as state levels, it is imperative that awareness about these developments is created among stakeholders and regular feedback is generated to address the gaps in the implementation of reforms. Identification of pending issues and suggesting possible solutions are equally vital. It is also important to identify the best practices within and outside the country, which are considered for implementation by the needy states.
This presentation is pertaining to the make in India intitative which had took since few months ago,I given brief information about the event,Its probable contribution to GDP,FDI & Export promotion in the country.
Punjab National Bank Fraud (Nirav Modi Scam) ppt presentation slideshareFatema Tandiwala
A case study presentation on Punjab National Bank scam (Nirav Modi)
India's second largest state-owned lender Punjab National Bank disclosed on Feb. 14, 2018 that it was the victim of the country’s largest bank fraud.
PNB revealed that fraudulent transactions by billionaire jeweler Nirav Modi and related entities amounted to $1.77 billion or over Rs 11,400 crore.
The key accused in the case were jeweler and designer Nirav Modi, his maternal uncle Mehul Choksi, and other relatives and some PNB employees.
Nirav Modi and his relatives escaped India in early 2018, days before the news of the scam became public.
PNB scam has been dubbed as the biggest fraud in India's banking history.
The document describes the ease of doing business in India. It discusses the factor used for calculating ease of doing business index. It also mentions about the regulations restricting the ease of doing business in India and the way forward to improve the same.
This presentation contains all the details regarding new improvements in Doing Business in India 2018. The data is taken from various news articles and Ease of Doing business 2018 world bank Report. I am ready to send detailed report along with conclusion on Ease of doing business at Attractive price..
Following are the references used in report:
1 World Bank, Doing Business Report 2018, October 2017
2 Doing Business website: http://www.doingbusiness.org
3 live mint, 2017, Matthew Lillehaugen and Milan Vaishnav: Doing business in India: myths and realities
4 Hindustan Times, October 31, 2017, P Suchetana Ray and Asit Ranjan Mishra, India jumps into top 100 in World Bank’s ease of doing business rankings
5 Hindustan Times, 1 Nov, 2017, P Suchetana Ray and Moushumi Das Gupta, Ease of doing business: How India improved its ranking.
The government of India has, in the past few years, accorded an utmost priority to the Ease of Doing Business (EoDB). The accent is on simplification of regulations and use of technology to make the compliance more efficient for businesses. Apart from the Centre, the States are also being encouraged to implement business reforms in the spirit of competitive federalism, to foster reforms at the sub-national level. The measures are aimed at creating a conducive business environment, which is a key to facilitating growth and creating jobs. Thanks to these measures, India’s EoDB ranking, captured by the World Bank, has improved by 42 spots since 2014 to touch the 100th position now. The Prime Minister envisions India among the top 50 nations in the next couple of years.
While business reforms are being undertaken at a rapid pace and large scale, cutting across Central as well as state levels, it is imperative that awareness about these developments is created among stakeholders and regular feedback is generated to address the gaps in the implementation of reforms. Identification of pending issues and suggesting possible solutions are equally vital. It is also important to identify the best practices within and outside the country, which are considered for implementation by the needy states.
This presentation is pertaining to the make in India intitative which had took since few months ago,I given brief information about the event,Its probable contribution to GDP,FDI & Export promotion in the country.
Punjab National Bank Fraud (Nirav Modi Scam) ppt presentation slideshareFatema Tandiwala
A case study presentation on Punjab National Bank scam (Nirav Modi)
India's second largest state-owned lender Punjab National Bank disclosed on Feb. 14, 2018 that it was the victim of the country’s largest bank fraud.
PNB revealed that fraudulent transactions by billionaire jeweler Nirav Modi and related entities amounted to $1.77 billion or over Rs 11,400 crore.
The key accused in the case were jeweler and designer Nirav Modi, his maternal uncle Mehul Choksi, and other relatives and some PNB employees.
Nirav Modi and his relatives escaped India in early 2018, days before the news of the scam became public.
PNB scam has been dubbed as the biggest fraud in India's banking history.
Startup India is an initiative of the Government of India.
The campaign was first announced by Indian Prime Minister, Narendra Modi during his 15 August 2015 address from the Red Fort, in New Delhi. The action plan of this initiative, is based on the following three pillars:
i )Simplification and Handholding.
ii) Funding Support and Incentives.
iii) Industry-Academia Partnership and Incubation.
An additional area of focused relating to this initiative, is to discard restrictive States Government policies within this domain, such as License Raj, Land Permissions, Foreign Investment Proposals, and Environmental Clearances. It was organized by The Department of Industrial Policy and Promotion (DIPP)
A startup defined as an entity that is headquartered in India, which was opened less than seven years ago, and has an annual turnover less than ₹25 crore (US$3.5 million).[3] Under this initiative, the government has already launched the I-MADE program, to help Indian entrepreneurs build 1 million mobile app start-ups, and the MUDRA Banks scheme (Pradhan Mantri Mudra Yojana), an initiative which aims to provide micro-finance, low-interest rate loans to entrepreneurs from low socioeconomic backgrounds.[4] Initial capital of ₹200 billion (US$2.8 billion) has been allocated for this scheme.
A PRESENTATION ON COMPETITION ACT, 2002 WITH RECENT AMENDEMENTS. PRESENTED BY MADHUSUDAN NARAYA, STUDENT OF MBA AT NATIONAL INSTITUTE OF TECHNOLOGY, DUGAPUR, WEST BENGAL.
THIS TOPIC IS NECESSARY FOR MARKETING PEOPLE AND THE SLIDE CONTAINS THE CASES ALSO !!
Make in India is an initiative of the Government of India to encourage multi-national, as well as domestic, companies to manufacture their products in India. It was launched by Prime Minister Narendra Modi on 25 September 2014.India would emerge, after initiation of the programme in 2015, as the top destination globally for foreign direct investment, surpassing China as well as the United States.
The Main Motto of The Government of India is to invite business entities from all over the world to invest in Indian Manufacturing industry. For this GOI is trying to simplify the rules and regulations to invite investment from foreign investors.
Make In India is a new national program designed to transform India into a global manufacturing hub. It contains a raft of proposals designed to urge companies - local and foreign - to invest in India and make the country a manufacturing powerhouse.
The major objective behind the initiative is to focus on job creation and skill enhancement in 25 sectors of the economy.
The initiative also aims at high quality standards and minimising the impact on the environment.
The initiative hopes to attract capital and technological investment in India.
Under the initiative, brochures on the 25 sectors and a web portal were released. Before the initiative was launched, foreign equity caps in various sectors had been relaxed. The application for licences was made available online and the validity of licences was increased to three years. Various other norms and procedures were also relaxed.
MSME Sector - Growth, Challenges & Opportunities Resurgent India
The MSME sector contributes in a significant way to the growth of the Indian economy across the realms of production system, employment generation, national output, exports etc. The MSME Sector comprises of approximately 48 million units that produce more than 6,000 products ranging from traditional to high-tech items. The sector is driving sustainable growth in Indian economy by providing employment to around 111 million people, accounts for 45% of the manufacturing output, 40% of the country's exports and contributes 8-9% to the country's GDP.
This is the one important component of business environment. technological environment is external environment which affects the business. it provides opportunities as well as threats to our business. so understanding of technological environment is important to business man.
Every Details related to the Startup India ,Modi Action Plane,Latest Startup Report by government,Important points,eligible legal entity,inter ministerial board, startup that is considered eligible,Funding Related questions, top flourishing cities, most profitable type of small businesses and their net profit margins, startups that are changing the face of virtual reality in India,benefit, anylysis
Startup India is an initiative of the Government of India.
The campaign was first announced by Indian Prime Minister, Narendra Modi during his 15 August 2015 address from the Red Fort, in New Delhi. The action plan of this initiative, is based on the following three pillars:
i )Simplification and Handholding.
ii) Funding Support and Incentives.
iii) Industry-Academia Partnership and Incubation.
An additional area of focused relating to this initiative, is to discard restrictive States Government policies within this domain, such as License Raj, Land Permissions, Foreign Investment Proposals, and Environmental Clearances. It was organized by The Department of Industrial Policy and Promotion (DIPP)
A startup defined as an entity that is headquartered in India, which was opened less than seven years ago, and has an annual turnover less than ₹25 crore (US$3.5 million).[3] Under this initiative, the government has already launched the I-MADE program, to help Indian entrepreneurs build 1 million mobile app start-ups, and the MUDRA Banks scheme (Pradhan Mantri Mudra Yojana), an initiative which aims to provide micro-finance, low-interest rate loans to entrepreneurs from low socioeconomic backgrounds.[4] Initial capital of ₹200 billion (US$2.8 billion) has been allocated for this scheme.
A PRESENTATION ON COMPETITION ACT, 2002 WITH RECENT AMENDEMENTS. PRESENTED BY MADHUSUDAN NARAYA, STUDENT OF MBA AT NATIONAL INSTITUTE OF TECHNOLOGY, DUGAPUR, WEST BENGAL.
THIS TOPIC IS NECESSARY FOR MARKETING PEOPLE AND THE SLIDE CONTAINS THE CASES ALSO !!
Make in India is an initiative of the Government of India to encourage multi-national, as well as domestic, companies to manufacture their products in India. It was launched by Prime Minister Narendra Modi on 25 September 2014.India would emerge, after initiation of the programme in 2015, as the top destination globally for foreign direct investment, surpassing China as well as the United States.
The Main Motto of The Government of India is to invite business entities from all over the world to invest in Indian Manufacturing industry. For this GOI is trying to simplify the rules and regulations to invite investment from foreign investors.
Make In India is a new national program designed to transform India into a global manufacturing hub. It contains a raft of proposals designed to urge companies - local and foreign - to invest in India and make the country a manufacturing powerhouse.
The major objective behind the initiative is to focus on job creation and skill enhancement in 25 sectors of the economy.
The initiative also aims at high quality standards and minimising the impact on the environment.
The initiative hopes to attract capital and technological investment in India.
Under the initiative, brochures on the 25 sectors and a web portal were released. Before the initiative was launched, foreign equity caps in various sectors had been relaxed. The application for licences was made available online and the validity of licences was increased to three years. Various other norms and procedures were also relaxed.
MSME Sector - Growth, Challenges & Opportunities Resurgent India
The MSME sector contributes in a significant way to the growth of the Indian economy across the realms of production system, employment generation, national output, exports etc. The MSME Sector comprises of approximately 48 million units that produce more than 6,000 products ranging from traditional to high-tech items. The sector is driving sustainable growth in Indian economy by providing employment to around 111 million people, accounts for 45% of the manufacturing output, 40% of the country's exports and contributes 8-9% to the country's GDP.
This is the one important component of business environment. technological environment is external environment which affects the business. it provides opportunities as well as threats to our business. so understanding of technological environment is important to business man.
Every Details related to the Startup India ,Modi Action Plane,Latest Startup Report by government,Important points,eligible legal entity,inter ministerial board, startup that is considered eligible,Funding Related questions, top flourishing cities, most profitable type of small businesses and their net profit margins, startups that are changing the face of virtual reality in India,benefit, anylysis
Includes expectations from the Union Budget of 2016 in 3 sectors - Infrastructure, Startup Funding and Ease of Doing Business. It includes an analysis of policies in the Budget of 2015 and a log of measures the Government could take up
Doing Business Indicators developed and measured by the World Bank compare the economies of over 180 countries based on a wide variety of statistics, from credit availability to cross border trading. In 2018, Bangladesh ranked 177/180 obtaining the DTF score 40.99/100. Some observations and recommendations are presented here.
The state government of Maharashtra has been at the forefront in creating a conducive business environment that fosters globally competitive firms. Business reforms introduced both by the Central as well as the state government have played a critical role in India’s 30 spots improvement in the Doing Business ranking for 2018.
The State, under the Business Reforms Action Plan (BRAP) 2016, has implemented over 90 per cent reforms in 7 out of 10 parameters, including labour registration, utility connections, single window system, environment registration, among others. These policy reforms have significantly helped in the reduction in time and cost of doing business for the industry, thereby
establishing Maharashtra as one of the top investment destinations in the country.
This report provides the key highlights of the select initiatives on ease of doing reforms in Maharashtra. With a view to provide on-ground impact of these initiatives, the Report also captures industry views on various aspects of business reforms.
Sanjeev_Sanyal_Process_Reforms_The_India_dialog_2024.pdfDr. Amit Kapoor
Presentation done by Sanjeev Sanyal, Member, EAC – PM, Government of India on "India’s Process Reforms – Fixing the Nuts and Bolts" at #TheIndiaDialog on March 1, 2024 at Stanford University. The #TheIndiaDialog was organised by Institute for Competitiveness and US Asia Technology Management Center at Stanford University.
#TheIndiaDialog looks at inviting the world’s leading experts and intellectuals in the areas of economics, business, policy, social development, science, technology, art and culture to provide their perspectives and foster an understanding of India. There would be a series of keynote addresses, panel discussions, and fireside chats during the dialog.
Fault zone detection using Electrical prospecting (Resistivity Method)Adithya Shettar
Based on : Villani, Fabio, and Vincenzo Sapia. "The shallow structure of a surface-rupturing fault in unconsolidated deposits from multi-scale electrical resistivity data: The 30 October 2016 Mw 6.5 central Italy earthquake case study." Tectonophysics 717 (2017): 628-644.
Available at : https://www.researchgate.net/publication/318896772_The_shallow_structure_of_a_surface-rupturing_fault_in_unconsolidated_deposits_from_multi-scale_electrical_resistivity_data_The_30_October_2016_Mw_65_central_Italy_earthquake_case_study
A presentation on Hydrothermal wall rock alteration with case studies on geophysical applications.
References : https://drive.google.com/drive/folders/16VSZMPMASMNVB47JdBUa_7udBk1qvK2U?usp=sharing
how to swap pi coins to foreign currency withdrawable.DOT TECH
As of my last update, Pi is still in the testing phase and is not tradable on any exchanges.
However, Pi Network has announced plans to launch its Testnet and Mainnet in the future, which may include listing Pi on exchanges.
The current method for selling pi coins involves exchanging them with a pi vendor who purchases pi coins for investment reasons.
If you want to sell your pi coins, reach out to a pi vendor and sell them to anyone looking to sell pi coins from any country around the globe.
Below is the contact information for my personal pi vendor.
Telegram: @Pi_vendor_247
The secret way to sell pi coins effortlessly.DOT TECH
Well as we all know pi isn't launched yet. But you can still sell your pi coins effortlessly because some whales in China are interested in holding massive pi coins. And they are willing to pay good money for it. If you are interested in selling I will leave a contact for you. Just telegram this number below. I sold about 3000 pi coins to him and he paid me immediately.
Telegram: @Pi_vendor_247
What price will pi network be listed on exchangesDOT TECH
The rate at which pi will be listed is practically unknown. But due to speculations surrounding it the predicted rate is tends to be from 30$ — 50$.
So if you are interested in selling your pi network coins at a high rate tho. Or you can't wait till the mainnet launch in 2026. You can easily trade your pi coins with a merchant.
A merchant is someone who buys pi coins from miners and resell them to Investors looking forward to hold massive quantities till mainnet launch.
I will leave the telegram contact of my personal pi vendor to trade with.
@Pi_vendor_247
If you are looking for a pi coin investor. Then look no further because I have the right one he is a pi vendor (he buy and resell to whales in China). I met him on a crypto conference and ever since I and my friends have sold more than 10k pi coins to him And he bought all and still want more. I will drop his telegram handle below just send him a message.
@Pi_vendor_247
Abhay Bhutada Leads Poonawalla Fincorp To Record Low NPA And Unprecedented Gr...Vighnesh Shashtri
Under the leadership of Abhay Bhutada, Poonawalla Fincorp has achieved record-low Non-Performing Assets (NPA) and witnessed unprecedented growth. Bhutada's strategic vision and effective management have significantly enhanced the company's financial health, showcasing a robust performance in the financial sector. This achievement underscores the company's resilience and ability to thrive in a competitive market, setting a new benchmark for operational excellence in the industry.
how to sell pi coins effectively (from 50 - 100k pi)DOT TECH
Anywhere in the world, including Africa, America, and Europe, you can sell Pi Network Coins online and receive cash through online payment options.
Pi has not yet been launched on any exchange because we are currently using the confined Mainnet. The planned launch date for Pi is June 28, 2026.
Reselling to investors who want to hold until the mainnet launch in 2026 is currently the sole way to sell.
Consequently, right now. All you need to do is select the right pi network provider.
Who is a pi merchant?
An individual who buys coins from miners on the pi network and resells them to investors hoping to hang onto them until the mainnet is launched is known as a pi merchant.
debuts.
I'll provide you the Telegram username
@Pi_vendor_247
What website can I sell pi coins securely.DOT TECH
Currently there are no website or exchange that allow buying or selling of pi coins..
But you can still easily sell pi coins, by reselling it to exchanges/crypto whales interested in holding thousands of pi coins before the mainnet launch.
Who is a pi merchant?
A pi merchant is someone who buys pi coins from miners and resell to these crypto whales and holders of pi..
This is because pi network is not doing any pre-sale. The only way exchanges can get pi is by buying from miners and pi merchants stands in between the miners and the exchanges.
How can I sell my pi coins?
Selling pi coins is really easy, but first you need to migrate to mainnet wallet before you can do that. I will leave the telegram contact of my personal pi merchant to trade with.
Tele-gram.
@Pi_vendor_247
how to sell pi coins in South Korea profitably.DOT TECH
Yes. You can sell your pi network coins in South Korea or any other country, by finding a verified pi merchant
What is a verified pi merchant?
Since pi network is not launched yet on any exchange, the only way you can sell pi coins is by selling to a verified pi merchant, and this is because pi network is not launched yet on any exchange and no pre-sale or ico offerings Is done on pi.
Since there is no pre-sale, the only way exchanges can get pi is by buying from miners. So a pi merchant facilitates these transactions by acting as a bridge for both transactions.
How can i find a pi vendor/merchant?
Well for those who haven't traded with a pi merchant or who don't already have one. I will leave the telegram id of my personal pi merchant who i trade pi with.
Tele gram: @Pi_vendor_247
#pi #sell #nigeria #pinetwork #picoins #sellpi #Nigerian #tradepi #pinetworkcoins #sellmypi
Yes of course, you can easily start mining pi network coin today and sell to legit pi vendors in the United States.
Here the telegram contact of my personal vendor.
@Pi_vendor_247
#pi network #pi coins #legit #passive income
#US
how to sell pi coins in all Africa Countries.DOT TECH
Yes. You can sell your pi network for other cryptocurrencies like Bitcoin, usdt , Ethereum and other currencies And this is done easily with the help from a pi merchant.
What is a pi merchant ?
Since pi is not launched yet in any exchange. The only way you can sell right now is through merchants.
A verified Pi merchant is someone who buys pi network coins from miners and resell them to investors looking forward to hold massive quantities of pi coins before mainnet launch in 2026.
I will leave the telegram contact of my personal pi merchant to trade with.
@Pi_vendor_247
Falcon stands out as a top-tier P2P Invoice Discounting platform in India, bridging esteemed blue-chip companies and eager investors. Our goal is to transform the investment landscape in India by establishing a comprehensive destination for borrowers and investors with diverse profiles and needs, all while minimizing risk. What sets Falcon apart is the elimination of intermediaries such as commercial banks and depository institutions, allowing investors to enjoy higher yields.
US Economic Outlook - Being Decided - M Capital Group August 2021.pdfpchutichetpong
The U.S. economy is continuing its impressive recovery from the COVID-19 pandemic and not slowing down despite re-occurring bumps. The U.S. savings rate reached its highest ever recorded level at 34% in April 2020 and Americans seem ready to spend. The sectors that had been hurt the most by the pandemic specifically reduced consumer spending, like retail, leisure, hospitality, and travel, are now experiencing massive growth in revenue and job openings.
Could this growth lead to a “Roaring Twenties”? As quickly as the U.S. economy contracted, experiencing a 9.1% drop in economic output relative to the business cycle in Q2 2020, the largest in recorded history, it has rebounded beyond expectations. This surprising growth seems to be fueled by the U.S. government’s aggressive fiscal and monetary policies, and an increase in consumer spending as mobility restrictions are lifted. Unemployment rates between June 2020 and June 2021 decreased by 5.2%, while the demand for labor is increasing, coupled with increasing wages to incentivize Americans to rejoin the labor force. Schools and businesses are expected to fully reopen soon. In parallel, vaccination rates across the country and the world continue to rise, with full vaccination rates of 50% and 14.8% respectively.
However, it is not completely smooth sailing from here. According to M Capital Group, the main risks that threaten the continued growth of the U.S. economy are inflation, unsettled trade relations, and another wave of Covid-19 mutations that could shut down the world again. Have we learned from the past year of COVID-19 and adapted our economy accordingly?
“In order for the U.S. economy to continue growing, whether there is another wave or not, the U.S. needs to focus on diversifying supply chains, supporting business investment, and maintaining consumer spending,” says Grace Feeley, a research analyst at M Capital Group.
While the economic indicators are positive, the risks are coming closer to manifesting and threatening such growth. The new variants spreading throughout the world, Delta, Lambda, and Gamma, are vaccine-resistant and muddy the predictions made about the economy and health of the country. These variants bring back the feeling of uncertainty that has wreaked havoc not only on the stock market but the mindset of people around the world. MCG provides unique insight on how to mitigate these risks to possibly ensure a bright economic future.
3. What is Ease of Doing Business?
● The ease of doing business index is an
index created by Simeon Djankov at the
World Bank Group.
● It is based on an annual report called
Doing Business, first published by World
bank in 2003 that is an independent
objective assessment of business
regulation across 190 economies covering
entire lifecycle of a business.
● It is measured by calculating the average
of 10 sub indices.
● It offers information about a country on
Distance to frontier, entrepreneurship,
best practices and transparency in business
regulation.
4. The Ease of Doing Business rankings are based on World
Bank’s Doing Business report.
54321
1
0
9876
5. Impact of a Single subindex.
Canada ranked third on the first subindex "Starting a business" behind only New
Zealand and Australia. In Canada there is 1 procedure required to start a business
which takes on average 5 days to complete. The official cost is 0.4% of the gross
national income per capita. There is no minimum capital requirement. By contrast, in
Chad which ranked among the worst (181st out of 185) on this same subindex,
there are 9 procedures required to start a business taking 62 days to complete. The
official cost is 202% of the gross national income per capita. A minimum capital
investment of 289.4% of the gross national income per capita is required.
Canada ranked 17th worldwide whereas Chad stood last at 185.
6. India has successively improved its position in the Doing
Business report.
● Biggest improver in
the world in terms of
rank.
● Best performance of
India since the
inception of the report
in 2003.
● Business reforms
action plan was
launched in 2015 to
percolate learnings
from surveys.
9. A very conducive environment for investment exists and FDI
has been on the rise.
1. RBI is among the best central banks in
the world and controls the monetary
policy of India and acts as a watchdog
over the banking system
2. SEBI acts as the regulator of the stock
exchanges –BSE and NSE, was
applauded for its strong mechanisms
that weathered the 2008 global crisis
Strong Financial Regulatory System
1. BSE is the world’s largest stock
exchange in terms of number of listed
companies; NSE takes the third spot in
terms of number of transactions
2. In 2017, net foreign investment in
equity and debt markets was USD30
billion and USD26.3 billion, respectively
Prominent Stock Exchange
1. India stands 77th among 190 countries
on the Ease of Doing Business scale.
2. New measures taken by the government
to facilitate business like digitisation and
a one-stop licensing system will
significantly boost India’s ranking.
3. Telangana Govt. declares no need to pay
for projects under Rs. 2 crore value if
paperwork is delayed by more than 15
days.
Ease of Doing Business
1. Competitive federalism means that
regional or local governments compete
with other regional or local
governments. Investors choose which
regional or local government to invest
in.
2. This persuades state governments to
ensure utmost satisfaction to investors.
Competitive Federalism
Source : https://rbi.org.in/Scripts/AnnualReportPublications.aspx?Id=1249
12. Dealing with Construction Permits (132 rank improvement)
● Implemented an online single window system, integrating internal and external
departments, removing requirement of visiting them individually.
● Time taken to process all approvals during the construction lifecycle has been
reduced from 185.9 to 94.8 days.
● Deemed approvals introduced if approvals are not granted within defined
timelines.
● Risk based classification of buildings introduced for fast-tracking building plan
approval, inspection and grant of occupancy-cum-completion certificate.
● Introduction of Unified Building Bye Laws in Delhi.
● Cost for obtaining construction permits reduced from 28.2% to 5.3% (% of cost
of construction)
● Procedures reduced from 27 to 20 in Mumbai and 24 to 16 in Delhi
13. Getting Electricity (113 rank improvement)
1
Procedures reduced from 7
to 3.5
3
Cost
Cost to obtain electricity
connection reduced from
487.7% to 29.5% (% of
income per capita)
5
Rationalisation of Tariff
2
Time
Time taken to obtain
electricity connection has
reduced from 105 to 55
days.
4
Process
The process of getting new
commercial electricity
connection has been
streamlined by making it
online and reducing the
number of procedures.
14. Trading across Borders (46 rank improvement)
Electronic Self Sealing
Electronic self-sealing
option at factory premises
reduces time associated
with customs clearance
Single window interface
ICEGATE portal
e-Sanchit
This made digital filing of
documents possible
Advanced bill of entry
Advance bill of entry facility
allows importers to initiate
customs clearance before
arrival of goods at the port,
thus reducing clearance
time
Expanded Infrastructure
Fourth container terminal at
JNPT provided an additional
capacity of 2,400,000 TEUs
05
01
02 03
04
15. Paying Taxes (35 rank improvement)
Introduction of GST replaced multiple single taxes with a single
universal tax.
Electronic system for payment of EPF & ESI enabling easier filings
and return payment
Reduction in administrative charges by EPFO
Provisions related to income tax audit simplified
Reduced corporate income tax rate for companies with turnover up to
INR 250 crore
16. Resolving Insolvency (29 rank improvement)
1. Introduction of reorganization as a resolution mechanism through enactment of
a new Insolvency and Bankruptcy Code.
2. Introduced a time bound reorganization procedure for corporate debtors and
facilitated continuation of the debtor’s business during insolvency proceedings.
3. Professional institutions established resulting in effective handling of
Restructuring and Insolvency Proceedings.
18. Transformative Measures
Legislative and Regulatory changes
1. Introduction of Unified Building Bye Laws, 2016
Amendment of Arbitration and Conciliation Act and
Companies Act, Development Control Regulations
2. GST, IBC and common courts act
Trust and Verify
1. Introduction of third-party and self-certification
2. Notarized affidavits replaced by e-undertakings
3. Risk based profiling and approvals for Construction
Permits & Trading Across Border
Government Process Reengineering
1. Common Application Form for Construction Permits
2. Introduction of provision for deemed approvals in
Construction Permits and Starting a Business
3. Direct Port Delivery/Entry for faster custom
clearance
4. Adoption of single form for 5 services – SPICe
Reduction in Fees
1. Zero fee for registration under Shops and
Establishments Act
2. Cost of obtaining Construction Permits reduced
3. Cost of obtaining new electricity permit reduced
19. Technology driven Governance eliminates
personal interface
1. Single Window Interface for Facilitating Trade on ICEGATE portal
2. e-Sanchit enabling digital filing of documents
3. Mandatory use of e-payment, e-invoice and e-delivery by all maritime
stakeholders (through Port Community System)
4. Online registration under GST
5. Electronic system for payment of social security contributions enabling easier
return payment and filing
6. Online registration under Shops and Establishments Act in Mumbai and Delhi
Online single window for all construction related approvals
7. Color coded zonal maps of various agencies made available online to determine
NoC requirement for plots
21. Road Ahead ; Envisioning top 50
Register company through single online form in a day Get consignments through ‘Direct Port delivery’
Register property via online system using e-stamps.
Reduce frequency of Power outages to at max one
event and a duration of 30 minutes annually.
Use online procedures for exporting
In case of dispute, file a case electronically
All construction approvals to be given online through
single window without any physical point.
22. Enabling a conducive business environment (1/2 )
1. Develop a strong feedback mechanism on business regulations
2. Targeted approach to identify and remove redundant
regulations
3. Align future regulation to user needs.
Participative journey towards business reforms
Reengineering entire value chain
1. Identify focus sectors based on inherent strengths and future
prospects
2. Analyse and refine value chain for each focus sector to boost it
by eliminating shortcomings
3. Encourage standardization of rules and procedures pan india
across different levels of governance.
23. Enabling a conducive business environment (2/2 )
1. Streamline and improve connectivity with industrial parks
2. Focus on setting up quality infrastructure which may include an
ecosystem of standards, accreditation and certification,
laboratories and inspection bodies
3. Align future regulation to user needs.
Industry ready infrastructure
eGovernment : Removing barriers
1. All information related to compliance to regulations must be
made available online
2. All government services for businesses must be delivered
electronically within a timeframe