Ease of doing business Current Affairs - 2019

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Government releases National Trade Facilitation Action Plan

The Union Government released the 76 point National Trade Facilitation Action Plan (NTFAP). It was released by Union Finance Minister Arun Jaitley in New Delhi. The NTFAP has been adopted by the National Committee on Trade Facilitation (NCTF), reflecting Government’s commitment to implement the Trade Facilitation Agreement (TFA). Key Facts Aims of the action plan: Read More…

Month:  Categories: Government Schemes & Projects

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India, European Union establish Investment Facilitation Mechanism

India and European Union (EU) have established Investment Facilitation Mechanism (IFM) for EU Investments in India. The mechanism will allow for a close coordination between EU and India with an aim to promote and facilitate EU investment in India. Background Trade and Investment are key elements of the EU-India Strategic Partnership launched in 2004. The EU Read More…

Month:  Categories: Business, Economy & Banking

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India, Brazil finalise social security agreement    

India and Brazil have finalised text of the Social Security Agreement (SSA). It will come in force by early 2018 after it is ratified. It will be the first such agreement between the BRICS countries. This SSA takes forward the spirit of Goa Declaration adopted at 8th BRICS Summit, outcomes of the meetings of BRICS Read More…

Month:  Categories: Governance & Politics

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Union Cabinet approves MoU between India and UK to support Ease of Doing Business in India

The Union Cabinet has given its approval to Memorandum of Understanding (MoU) between India and United Kingdom (UK) to support Ease of Doing Business in India. The MoU was signed between both countries earlier in November 2016 during the official state visit of UK Prime Minister Theresa May to India. Key Facts The MoU will Read More…

Month:  Categories: Business, Economy & Banking

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India, UK ink two MoUs

India and the United Kingdom have signed two memorandum of understanding (MoUs) to boost relations between the two nations. These MoUs were signed during the official three days state visit of UK Prime Minister Theresa May to India. It was her first bilateral visit outside Europe after becoming PM and after UK’s decision to exit Read More…

Month:  Categories: International

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Andhra Pradesh, Telangana top Ease of Doing Business list

Andhra Pradesh and Telangana have jointly topped the Ease of Doing Business Reforms Ranking 2015-16. The ranking of the states was conducted by the Department of Industrial Policy and Promotion (DIPP) and the World Bank. How states were ranked? States were ranked on their implementation of DIPP-proposed 340-point Business Reform Action Plan in period between Read More…

Month:  Categories: Business, Economy & Banking

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India ranks 130th in 2017 Ease of Doing Business index

India has been placed at 130th position among the 190 countries in the recently released World Bank’s ease of doing business index for the year 2017. The index was released as part of the World Bank’s annual report Doing Business 2017: Equal Opportunity for All. This report had revised India’s rank to 130 from earlier Read More…

Month:  Categories: Business, Economy & BankingReports & Indices

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