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: 

Category: 

Topics: 

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: 

Category: 

Topics: 

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: 

Category: 

Topics: 

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: 

Category: 

Topics: 

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: 

Category: 

Topics: 

5 / 13<<<34567>>>