The DIPP with the help of World Bank already ranks states in terms of measures they are taking to promote ease of doing business.
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Tag: World Bank
India may see further 30-40% reduction of jobs in manufacturing sector: Survey
Prime Minister Narendra Modi has a jobs problem. He swept to power three years ago promising India’s poor and middle classes he’d restore their “dignity” after years of swelling inequality, with job creation central to his pitch. But now, the jobs market has been slugged by last Novembe…
IFC to increase focus on India by backing early-stage venture capital funds
As of 30 June 2016, IFC’s exposure in India was $5 billion, largely in sectors such as infrastructure, financial services, logistics and healthcare.
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Indian-promoted fintech firm InstaRem raises $13m in round-3 fundraising
InstaRem will use the money to build its payment infrastructure, which has grown eight times in volumes since its March 2016 funding. The investment will also be used to boost the employee strength of its office in Mumbai, where most of the company’s teams are based
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World Bank clears $250 m loan for Skill India mission
The World Bank has cleared a $250 million loan for making Indian youth more employable through reskilling, in a move that is seen to aid the Skill India mission. The multi-lateral lender is keen to support the Indian government in its efforts to better equip the young workforce with employable sk…
Industrialists must gear up to make defence products: MoS (MSME) Haribhai Chaudhary
The Union Minister of State (MoS) for MSME Haribhai Parthibhai Chaudhary has urged industrialists to gear up to develop products for defence and infrastructure sectors. Though the Centre has allowed foreign direct investment in Railways, Housing and Defence sectors, it does not mean that India ca…
भारत की आर्थिक वृद्धि दर 7.5 प्रतिशत रहने की उम्मीद | मूडीज
मौजूदा वित्त वर्ष में भारत की आर्थिक वृद्धि 7.5 प्रतिशत रहने का अनुमान है और सरकार के सुधारों को गति देने से इसे आठ प्रतिशत की दर पाने में करीब चार वर्ष का समय लगेगा। मूडीज इंवेस्टर्स सर्विस ने अपनी ग्लोबल मैक्रो आउटलुक रपट में कहा कि उत्तर प्रदेश में भाजपा की जीत यह दर्शाती […]
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India will grow 7.2% in FY18, GST will deliver substantial gains: World Bank
New Delhi: The World Bank on May 29 said the government’s November decision to withdraw high-value currency notes may have a disproportionately high impact on the poor and vulnerable while its decision to implement the goods and services tax (GST) will be equitable without any negative impact on …
बिहार: टेक्सटाइल पार्क में निवेश के लिए अमेरिकी कंपनियों को निमंत्रण
बिहार की राजधानी पटना से सटे बिहटा में टेक्सटाइल पार्क में निवेश के लिए सरकार अमेरिकन और यूरोपियन कंपनियों से बातचीत कर रही है। बिहटा में बने रेडिमेड कपड़े यूरोप और अमेरिका के बाजारों में दस्तक दे इसको लेकर रणनीति बनाई जा रही है। बांग्लादेश की तरह बिहार में भी टेक्सटाइल उद्योग बढ़े इसके लिए [&helli…
IFC to invest upto $150 m in Bajaj Finance; Proceeds to boost MSME lending
International Finance Corporation (IFC), the private lending arm of the World Bank, is looking to invest up to $150 million in non-banking financial company Bajaj Finance Ltd, according to a disclosure by IFC. IFC will buy Bajaj Finance’s secured, fixed, rated and listed non-convertible debenture…