India needs to collect and declare credible data on stressed assets, identify sectors and companies where these are accumulated and be transparent in insolvency resolution before jumping to a new mechanism

So far, 12 states have implemented ease of doing business reforms and have got additional borrowing permission of Rs 28,183 crore

Economists, CEOs, consultants, sector specialists interpret Nirmala Sitharaman's 'Never-before' Budget

The government should consider giving the real estate sector, an \"industry status\", as availing it will help developers raise money at lower rates and cut down their cost of capital

The ministry has allocated this additional funds to the state for capital expenditure for undertaking the 'One Nation, One Ration Card' reforms, Ease of Doing Business reforms, and urban local bodies reforms

Madhya Pradesh is leading the states in power sector reforms with the initiation of Direct Benefit Transfer (DBT) scheme

The New Year raises new hopes, new expectations, new aspirations - even new anxieties. Finance Minister Nirmala Sitharaman has raised hopes by inviting ideas to spur growth with a promise to deliver \"a Budget like never before\"

How the FM can make it a 'never before' Budget. Top experts weigh in

Scheme was started by Centre in May under which it decided to link grant of additional borrowing permissions to states undertaking the ease of doing business reforms

On successfully undertaking the ULBs reforms, Andhra Pradesh and Madhya Pradesh have been granted permission to mobilise additional financial resources to the tune of Rs 4,898 crore through open market borrowings

As part of citizen-centric reforms, 10 states have implemented one nation one ration card system; 5 states have done ease of doing business reforms; and two states carried out local body reforms so far

States to get additional borrowing permission on completion of reforms; they will also get additional financial assistance for capital expenditure

Scheme is aimed at boosting capital expenditure by states facing a difficult financial crunch due to the shortfall in tax revenue in the wake of COVID-19 pandemic

PM Modi remarked that along with the reduction of tax and simplicity in the process, the biggest reforms that have been done are related to the dignity of honest taxpayers, to protect them from trouble

According to the government, the new rules for Other Service Providers' (OSPs), which includes BPOs, KPOs, ITES, call centre among others, would remove frequent reporting and other obligations

Timing of VGIR brings in twin advantages -- it comes in the backdrop of several efforts made by India to improve the country's investment climate and at a time when investors are looking to de-risk businesses and investments by reducing dependence on China

It estimated that the economy is likely to contract by 13.5 per cent in the second quarter (July-September), and the contraction in FY21 (April 2020 to March 2021) is likely to be around 9.5 per cent

Andhra Pradesh has became the first state in the country to successfully undertake ease of doing business reforms and has thus become eligible to raise an additional amount of Rs 2,525 crore through open market borrowings

The three labour codes seen together fail to achieve even reasonable balance between enabling of ease of doing business, and protecting & strengthening labour welfare and their rights

Out of these five states, Andhra Pradesh has been allowed to borrow Rs 2,525 crore, Telangana Rs 2,508 crore, Karnataka Rs 4,509 crore, Goa Rs 223 crore, and Tripura Rs 148 crore