“Offer of Judgment” rule is a demand-side solution that has long term scope for tackling the problem.

The Department of Industrial Policy and Promotion (DIPP), Ministry of Commerce and Industry, in partnership with the World Bank Group, is pleased to release the results of the Assessment of State Implementation of Business Reforms 2015-16.

This economy profile presents the Doing Business indicators for India. To allow useful comparison, it also provides data for other selected economies (comparator economies) for each indicator. The data in this report are current as of June 1, 2016 (except for the paying taxes indicators, which cover the period January–December 2015).

Doing Business 2017: Equal Opportunity for All, a World Bank Group flagship publication, is the 14th in a series of annual reports measuring the regulations that enhance business activity and those that constrain it. Doing Business presents quantitative indicators on business regulations and the protection of property rights that can be compared across 190 economies—from Afghanistan to Zimbabwe

India slips by 10 positions and ranks 112th amongst 159 countries and territories included in the Economic Freedom of the World: 2016 Annual Report, released worldwide by Centre for Civil Society in conjunction with Canada’s Fraser Institute. Hong Kong has the highest level of economic freedom worldwide, followed by Singapore, New Zealand, Switzerland, Canada, Georgia, Ireland,

By Prashant Narang, Manager, iJustice and Priyaveer Singh, Student, RGNUL Patiala 

The World Bank’s Doing Business project ranks business regulatory frameworks across 189 economies.  The project objectively measures the regulations applying to the domestic small and medium-size companies at entry, operational and exit stages.

The Standing Committee on Commerce presented this report to Rajya Sabha on 21st December 2015. In this One Hundred Twenty Sceond report, committee examine the various issues related to Ease of Doing Business in India and also presented its recommendations to Government.

The new bill proposes to speed up both recoveries and restructuring procedures.It gives a hard deadline of 180 days to decide the fate of an ailing firm and an extra 90 days if the creditors so wish it.Bankruptcy law can improve ease of doing business.

The Micro, Small and Medium Enterprises Development (Amendment) Bill, 2015 is  to (i) enhance the existing limit for investment in plant and machinery considering changes in price index and cost of inputs consistent with the emerging role of the MSMEs in various Global Value Chains, (ii) include medium enterprises apart from small enterprises in section 7(9) to enable the aforesaid category of

The Arbitration and Conciliation Amendment Act, 2015 ("Amendment Act") has introduced certain amendments to the provisions of the Arbitration and Conciliation Act, 1996 ("Act") and is deemed to be effective from October 23, 2015.

The Act essentially introduces setting up of a Commercial Court at District level and a Commercial Division in the High Court, having ordinary original civil jurisdiction to deal with Commercial Dispute of a Specified Value, not being less than Rs.1,00,00,000 or such higher value as may be notified by the Central Government.

(a)        whether Government proposes todevelop a domestic version of the ease ofdoing business index/indicators forassessing the overall business performanceof the country;

(b)        if so, the details thereof; and

(c)        the steps taken by Government toimprove India's standing in the ease of doingbusiness index along with thecorresponding results thereon?

(a) country''s ranking in ''Ease of Doing Business'' in the world at present;
(b) whether Government has initiated an extensive survey on ''Ease of Doing Business'' in Odisha and Karnataka with an objective to improve the business climate and if so, the details thereof; and
(c) whether online single window is operational at Central and State levels, if so, the details thereof?

Questions raised by the Hon'ble members of the Rajya Sabha on Issue

 Questions raised by the Hon'ble members of the Lok Sabha on Issue

(a) India's current ranking in the Ease ofDoing Busines;

(b) whether India's rank has improvedfrom the last ranking, if so, the details thereof and the fields in which rankingshave increased,                         if not, the reasons therefor;

(a)whether the Government is considering to amend the Companies Act so as to make doing business easier and if so, the details thereof;
(b)whether the Government has also announced Central Registration Centre (CRS) and Government Process Re-engineering (GPR) for ensuring faster clearances to incorporate companies and if so, the details thereof;

(a) whether the Ministry is aware that the State of Jharkhand has delivered a standout performance and has stood 3rd in the list of States for Ease of Doing Business in the country;
(b) the steps taken by the Ministry to analyse the best practices adopted by Jharkhand and propagate the same across the country;

(a)the country''s ranking in ''Ease of Doing Business'' in the world at present;
(b)whether the Government has initiated an extensive survey on ''Ease of Doing Business'' in States with an objective to improve the business climate and if so, the details thereof;

(a) whether the Government proposesto give rating to States on the basis of easeof doing
business in the country;
(b) if so, the details thereof indicatingthe parameters fixed/adopted in this regard;

(a) the position of India in the world in terms of Ease of Doing Business survey conducted by the
World Bank; and
(b) the steps taken/being taken by the Government to improve its position in this regard?

Answered by MINISTER OF STATE IN THE MINISTRY OF FINANCE (SHRI JAYANT SINHA)

(a) whether the Government proposes to develop a domestic version of the ease of doing
business index/indicators for assessing the overall business performance of the country;
(b) if so, the details thereof; and
(c) the steps taken by the Government to improve India`s standing in the ease of doing business
index along with the corresponding results thereby?

(a) whether a large number of cases pending in Indian courts and non-implementation of judicial
reforms have been cited by the World Bank as one of the reasons for India’s low rank in the Ease
of Doing Business Index;
(b) if so, the details thereof along with the reaction of the Government thereto;