Page-5 of Ease of Doing Business Current Affairs, GK & News
Govt. launches ICEDASH for faster customs clearance
Union Minister of Finance and Corporate Affairs, Nirmala Sitharaman launched a new IT initiatives called ICEDASH for improved monitoring and pace of Customs clearance of imported goods. ICEDASH would be key drivers for further improvement in Customs especially as it would reduce interface and increase transparency of Customs functioning. What id ICEDASH? It is an ..
Month: Current Affairs - November, 2019
Category: Government Schemes Current Affairs
Topics: CBIC • Customs Clearance • Ease of Doing Business • ICEDASH • NIC • Nirmala Sitharaman
What is Open General Export Licence issued by Defence Minister?
Defence Minister Rajnath Singh has approved issuance of two Open General Export Licences (OGELs) for export of certain parts and components as well as intra-company transfer of technology to select countries. This decision is expected to give a boost to defence exports and enhance ease of doing business (EDB). Key Highlights of OGEL The OGEL ..
Month: Current Affairs - October, 2019
Category: Defence Current Affairs
Topics: Defence Procurement Procedure • Department of Defence Production • Ease of Doing Business • Open General Export Licences • Rajnath Singh
World Bank’s Ease of Doing Business
India was raked 63rd in World Bank’s Ease of Doing Business ranking released on October 24, 2019. The ranking comes when the leading financing institutions including RBI, World Bank and IMF are slashing country’s growth forecasts. In 2014, India was ranked 142 among 190 countries. As compared to 2018, India moved up 14 places in ..
Month: Current Affairs - October, 2019
Category: Reports & Indexes Current Affairs
Topics: Ease of Doing Business • Ease of doing business index • Economic Reforms • india-world bank • World Bank
CBIC launches programme to strengthen Make in India
Central Board of Indirect Taxes and Customs (CBIC), India’s nodal national agency responsible for administering Central Excise, Service Tax, Customs, GST, & Narcotics has launched a revamped and streamlined programme to attract investments into India and strengthen Make in India through manufacture and other operations. The programme is launched under bond scheme of Customs Act, ..
Month: Current Affairs - October, 2019
Category: Economy & Banking Current Affairs
Topics: CBIC • Central Board of Indirect Taxes and Customs • Customs Act 1962 • Ease of Doing Business • Make in India
India to conduct 1st National Time Release Study for faster movement of Cargo
Department of Revenue, under Union Ministry of Finance, is conducting India’s 1st National Time Release Study (TRS) for enabling faster movement of cargo across borders to benefit traders. TRS is an internationally recognized tool advocated by Brussels based World Customs Organization (WCO) to measure efficiency and effectiveness of international trade flows. National Time Release Study ..
Month: Current Affairs - August, 2019
Category: Economy & Banking Current Affairs
Topics: Central Board of Indirect Tax and Customs • Cross Border Trade • Ease of Doing Business • First National Time Release Study • International Trade • National Time Release Study • Union Ministry of Finance • World Customs Organization (WCO)