Ease of doing business focusses on easing permits not facilitating reforms: Experts
The Dollar Business Bureau The current reforms for ease of doing business in India focus only on simplifying permits but are not actually easing reforms on the ground, believe experts. These views were expressed by experts and economists at a round-table session titled “Competitiveness and EODB”, held in New Delhi on Monday. The discussion was focused on comparing India and the US, with regard to the ease of doing business. “There is a huge resemblance in the federal structure of India and the US, where different states have the required powers for influencing the climate for business. For India, learnings from the US can be helpful in implementing necessary reforms,” said Pradeep Singh Mehta, Secretary General, CUTS International. Otherwise, ease of doing business reforms ...
CUTS International advises government to modernise infrastructure to help enhance competitiveness
The Dollar Business Bureau India’s leading research and advocacy firm, CUTS International has in its report said, ‘A strong and modern export infrastructure would help enhance competitiveness of Indian exporters in the global market and boost shipments.’ Export infrastructure needs to improve a lot. The research firm suggested that, "A robust export infrastructure leads to trade creation while the lacklustre picture of the same culminates into trade distortion," it said in a statement. Pointing out specific areas to the government, it said there are various challenges of connectivity and congestion in land and sea ports in the country that need special attention. "There is a need to improve upon the connectivity between the major ports and the mother vessels. Special emphasis required for capacity ...
India, Bangladesh agree to promote seeds exchange
The Dollar Business Bureau India and Bangladesh entered into an agreement to initiate the cross-border trade in High-Yielding Varieties (HYV) of rice seeds. A Memorandum of Understanding to this effect was signed between the Seed associations of the two countries, in New Delhi. While a protocol on the HYV of rice seeds has been signed already between the two countries, also involving Nepal, the latest MoU creates a way for formalization of the same between India and Bangladesh. Although there is no formal trade involving the HYV rice seeds currently between the two countries, there exists higher movement of the same (low-value and high-volume trade) through the informal channels, which may possibly create concerns over food security in the two regions, ...
