Page-3 of Ease of Doing Business
Parliament passes Finance Bill 2021
Parliament has passed the “Finance Bill 2021” on March 23, 2021. Bill seeks to bring financial proposals of central government in effect for the financial year 2021-22. Highlights Bill was passed by lower house of the Parliament with several amendments. ..
Month: Current Affairs - March, 2021
Goa- 6th State to complete Urban Local Bodies reforms
Goa has become the 6th State in the country that have successfully completed the Urban Local Bodies reforms. Highlights These Urban Local Bodies reforms were set up by the Department of Expenditure. Finance Ministry highlighted that the state of Goa ..
Month: Current Affairs - February, 2021
Regulatory Compliance Portal lunched by DPIIT
The Department for Promotion of Industry and Internal Trade (DPIIT) recently launched a regulatory compliance portal. The portal is to act as a bridge between the industries, citizens and the government in minimising burdensome compliances. About the Portal It is ..
Month: Current Affairs - January, 2021
Assam Ease of Doing Business (Amendment) Bill, 2020
The Assam assembly recently passed the Assam Ease of Doing Business (Amendment) Bill, 2020. The bill makes amendments to the Assam ease of doing business act, 2016. The amendment will avail 0.25% additional borrowing from the centre. What are the key ..
Month: Current Affairs - January, 2021
World Bank’s updated Doing Business rankings
The World Bank recently corrected its Doing Business rankings after review of data irregularities. After the corrections, China’s ranking has been lowered by seven notches. What is the issue? In August 2020, the World Bank decided to pause the publication ..
Month: Current Affairs - December, 2020
Scheme for Special Assistance to States for Capital Expenditure
The Scheme for Special Assistance to States for Capital Expenditure is currently facing revenue shortfall due to COVID-19 pandemic. The scheme aims to increase the capital expenditure by the state governments. Under the scheme, the Ministry of Finance has so ..