The Congress accused the Modi government of trying to hide behind World Bank reports to mask the "grim reality" regarding the economy and said Arun Jaitley has proved to be "the worst Finance Minister in India's history".
India's ranking has improved from the level of 130 th in 2017 to 100 th in 2018, he said. India made obtaining a building permit faster by implementing an online Single Window System for the approval of building plans; the new system allows for the submission and approval of building plans prior to requesting the building permit, the report said. "Forget "Ease", where is the "Business", Modi ji?"
Also, with the enactment of the new bankruptcy law, India's ranking on insolvency resolution has also improved. In starting a business, India has reduced the time needed to register a new business to 30 days now, from 127 days 15 years ago.
According to the World Bank, Beijing and Shanghai performed below worldwide best-practices, with 23 steps and 249 days required to obtain a permit and related costs amounting to 7.8% of the cost of actual construction.
"For the first time, coordinated efforts across various levels of governments have been undertaken to make it easier to do business in Nigeria".
Cheered by the country's 30-notch jump to 100th in the World bank's ease of doing business ranking, India Inc today said the improved performance will boost investor sentiment, even as the industry believes a "lot more needs to be done" on the reforms front. This year we have moved up 53 places to 119.
"It is particularly gratifying to see that numerous reforms are being carried out in economies and sectors where they are most needed", Rita Ramalho, acting head of the bank's Global Indicators Group, said in a statement.
"This is the first time that India has climbed so dramatically in the ease of doing business rankings and it sends a message to worldwide investors that the government is committed to slashing India's notorious red tape and rolling out the red carpet for them", Dhume said. The cut-off date for implementing any reforms for the said study was June 1, while the GST was imposed on July 1.
"Guided by the Mantra of "Reform, Perform & Transform" we are determined to further improve our rankings & scale greater economic growth.", the Prime Minister said.
Giving examples, he said India is ranked low at 164th in enforcement of contracts but with arbitration act will help improve this. The specifics are equally impressive: On eight of the 10 indicators used for the ranking, India improved its score.
Carmelo Anthony , Josh Huestis , and Steven Adams all posted photos of the plane shortly after it landed around 12:45 a.m. Despite the scary incident, according to WISN12, no one was injured as a result of the damaged plane.
The opioid epidemic killed 64,000 Americans in 2016, prompting Trump to call it the "worst drug crisis in our nation's history". On Thursday, the senator applauded the president's declaration, but said he hopes it's just the first step.
It turns out, as many initially speculated, the wideout skipped practice to show his displeasure at Texans owner Bob McNair . According to ESPN , the team will meet Saturday night to consider some form of a demonstration before the game Sunday.
Twitter erupted with backlash towards Gurriel after the incident. "It's just learn from it, and we've got to move forward". Gurriel was born in Cuba and played there and in Japan in 2014 before coming to Major League Baseball a year ago .
United will secure a place in the last 16 if they beat Benfica and CSKA Moscow fail to do likewise against Basel. "We played well. The Red Devils go to Chelsea on Sunday in the league but Mourinho said: "Nobody here thinks about another match than Benfica".
Although Microsoft's mobile efforts in regards to Windows 10 Mobile are dead , the company isn't pulling out of mobile altogether. Microsoft execs killed off the Surface Mini running Windows RT right before Microsoft was set to announce it.
Kurdish president Masoud Barzani gives a televised speech in Erbil, announcing his intention to step down, on October 29, 2017. The autonomous Kurdish Regional Government has faced strong criticism after it held an independence referendum last month.
None of the coaches who served under Baker were retained by the team, and no new coaching hires have been announced yet. The Chicago Cubs have another vacancy to fill, as one of Joe Maddon's top lieutenants has accepted another job.
But the industry plan may conflict with the goals of the federal control board that oversees Puerto Rico's troubled finances. The 2-year-old company had just two full-time employees when the storm hit, but it has since hired more than 300 workers.
Selena Gomez and The Weeknd are breaking up
"She started reevaluating her life after her kidney transplant and she decided to make some changes in her life". Now that Selena Gomez is a single girl, Justin Bieber keeps texting her all day long, according to a source.
Kim Jong-un visits cosmetics factory with wife and sister
Knowledge of the Kim family has often been a mystery to the outside world, with very little information escaping the rogue state. She is considered one of the most influential woman in North Korea, only second to Ri, according to Bloomberg .
UN Nuclear Chief To Visit Iran
The visit by the head of the United Nations nuclear watchdog, Yukiya Amano , is the first since U.S. In exchange, the US and other countries agreed to curb economic sanctions against Iran.
At least 14 dead in Mogadishu attack
The Somali government blamed the October 14 blast on al-Shabab, but no group has claimed responsibility. A third blast occurred when an attacker detonated a suicide vest.