Ease of doing business Current Affairs - 2019

Category Wise PDF Compilations available at This Link

Cabinet delegates power to Finance and Oil Ministers to award oil and gas blocks

The Cabinet Committee on Economic Affairs (CCEA) has delegated powers to Finance and Petroleum Ministers to award oil and gas exploration blocks to successful bidders under Hydrocarbon Exploration Licensing Policy (HELP). Under HELP, exploration blocks are to be awarded twice in a year and currently awarding of blocks requires the CCEA’s approval. Delegation of these Read More…

Month:  Categories: Business, Economy & Banking

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Government notifies the Companies (Amendment) Act, 2017

The Ministry of Corporate Affairs has notified the Companies (Amendment) Act, 2017. The Amendment Act amended some provisions of Companies Act, 2013. Few provisions in the Amendment Act have important bearing on the working of the Insolvency and Bankruptcy Code (IBC), 2016. They will come into force on date as Government notify in Official Gazette. Read More…

Month:  Categories: Constitution & Law

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Parliament passes The Companies Amendment Bill, 2017

The Parliament has passed Companies (Amendment) Bill, 2017 to strengthen corporate governance standards, initiate strict action against defaulting companies and help improve ease of doing business in the country, The bill provides for more than 40 amendments to Companies Act, 2013. It will help in simplifying procedures, make compliance easy and take stringent action against Read More…

Month:  Categories: Constitution & Law

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Telangana tops state-wise ease of doing business ranking in 2017

Telangana has topped the yearly state-wise ranking on assessment of implementation of ‘Business Reforms Action Plan’ (BRAP) in 2017. Last year, Telangana was the joint topper with Andhra Pradesh in the ranking. Telangana with an implementation score of 61.83% was followed by Haryana (54.03%), Odisha (45.70%), Chhattisgarh (45.43%), and West Bengal (44.35%). The Department of Read More…

Month:  Categories: Reports & Indices

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India’s ranks 100th in World Bank’s Doing Business Report 2018

In World Bank’s recently released Doing Business (DB) Report 2018 titled as ‘Doing Business 2018: Reforming to Create Jobs’, India leapfrogged to 100th among 190 countries. India has jumped over 30 ranks to attain 100th spot from 130th position in 2017 Ease of Doing Business Index. Its score also increased from 56.05 in 2017 to Read More…

Month:  Categories: Reports & Indices

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Odisha Government creating land bank for industrial allocation

The Odisha Government is creating 1.2 lakh acre land bank across state for allocation to industrial sector in order to avoid repeat of Posco fiasco. The purpose of the land bank is to cut red tape and avoid local issues in the land acquisition process. Under it, state government is acquiring government land for industrial Read More…

Month:  Categories: Business, Economy & Banking

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Government to expand Logistics Data Bank project to South India  

The Union Ministry of Shipping is planning to expand Logistics Data Bank (LDB) project to the country’s southern region. So far, it had covered only the western logistics corridor. The LDB project was launched at the Jawaharlal Nehru Port (JNPT), Mumbai in July 2016, making it first port in India to provide this service. Later Read More…

Month:  Categories: Business, Economy & Banking

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