Page-8 of Ease of Doing Business Current Affairs, GK & News

Government promulgates Companies (Amendment) Ordinance, 2019

The government has re-promulgated the Companies (Amendment) Ordinance, 2019 to amend the Companies Act 2013. Even though the Companies (Amendment) Bill, 2018 for this effect was passed in Lok Sabha, it was pending before Rajya Sabha. The ordinance was first issued in November and would have ceased to be operational from January 21. Hence the ..

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Digital Initiatives for to promote the Ease of Doing Business of MSMEs

In the World Bank’s Doing Business (DB) rankings for 2019, India has climbed 23 spots to rank 77th globally. India has witnessed a substantial jump in the rankings for the second consecutive year. In the year 2018 India had jumped 30 places. The various digital interventions have been a great contributing factor for India in making ..

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Asia Competitiveness Institute releases Ease of Doing Business Rankings for Indian states

The Asia competitiveness institute (ACI) has released the Ease of Doing Business Rankings for Indian states. Rankings of Indian States Andhra Pradesh has topped the Ease of Doing Business rankings. Maharashtra and Delhi came in second and third place respectively. Performance of Andhra Pradesh Andhra Pradesh has jumped from the 7th rank in 2016 to the 3rd rank in ..

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Prime Minister launches Ease of Doing Business Grand Challenge

Prime Minister Narendra Modi launched Ease of Doing Business Grand Challenge on resolving seven identified Ease of Doing Business problems with use of cutting edge technologies. It was launched during programme organized by PM for interaction with select CEOs from Indian & foreign companies. Ease of Doing Business Grand Challenge The objective of this challenge ..

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Government Promulgates Ordinance to amend Companies Act, 2013

Union Cabinet has approved proposal for promulgation ordinance to amend the Companies Act, 2013. The ordinance had received assent from President Ram Nath Kovind under Article 123 and has been promulgated. The amendments to the Act are aimed to promote ease of doing business as well as ensure better compliance levels. Key Facts The ordinance ..

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India ranked 77th World Bank’s Ease of Doing Business Index

India ranked 77th among 190 countries by leapfrogging 23 ranks in World Bank’s Ease of Doing Business (EODB) 2018 rankings. In the 2017 rankings, India ranked 100th and had jumped 30 places. In 2016, 2015 and 2014, India had not improved much and was placed at 130, 131 and 134, respectively, in ranking. EODB 2018 ..

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