The Insolvency and Bankruptcy Board of India (IBBI) has notified provisions to expedite the resolution process of default cases of small companies and start-ups within 90 days, according to an official statement. Currently, the Insolvency and Bankruptcy Code (IBC), under which the IBBI was set up…
Tag: World Bank’s
Why India needs more WomePreneurs?
For quite a few years now, we have known that there is a major problem with India’s labour force: the women are missing. Indian women are not only staying out of the workforce, they are doing so in increasing numbers across the board. The World Bank’s latest development update for India reiterate…
Ease of doing biz: DIPP plans to appoint consulting agency
The Commerce Ministry is planning to appoint a consulting agency for assistance in improving India’s business climate and bettering its ranking in World Bank’s ease of doing business index. The Department of Industrial Policy and Promotion (DIPP), under the Ministry, said the governme…
Ease of doing business | Dedicated task force in all ministries to track progress
All ministries will now have to set up a dedicated task force in each department to track progress on ease of doing business as part of the government’s renewed efforts to improve India’s rank in the World Bank’s Global Doing Business Report, a measure that comes after the country moved up just o…
SMEs form backbone of emerging economies: Indian envoy to Egypt
The Small and Medium Enterprises (SMEs) form the backbone of any country specially the emerging economies, Indian envoy to Egypt Sanjay Bhattacharyya has said on the growth of the sector. Bhattacharyya inaugurated the ‘Roundtable of Maulana Azad Center for Indian Culture’ with a semin…
States making all efforts to fare well on ease of doing business
The second edition of the ranking of states on ease of doing business has triggered a fierce contest that has turned many Chief Ministers into zealous monitors of the real-time scorecard and mounted pressure on the bureaucracy to pip the competition. Chief Secretaries of various states are not le…