Ease Of Doing Business

India plans to rewrite its corporate compliance playbook to boost ease of doing business: expedite process to start and shut down firms, simplify norms and lower the compliance burden on MSMEs. The government's consultations also cover use of AI and automation to speed up filings and scrutiny.

A strong Indian showing in the redesigned survey would be worth more than the World Bank's earlier assessments of how easy it is to do business in India. But what we do with the findings of B-Ready, its new tracker, will matter more than the rank we score.

For a regulatory system to be effective, it must be guided by information on the effect it has. India must study how rules shape outcomes to optimize and stabilize policy on the basis of these findings. The effort would pay off in spades.

No, your honour, this is not something that can be dismissed lightly. The huge and growing backlog of cases that are pending before Indian courts must be addressed on a war footing. Should the judiciary persist with its colonial-era summer breaks?

Indian reforms will deliver the goods once the country’s culture of governance changes in ways that enable India to reach its destination. Given the challenges, reformist policy moves alone are unlikely to move the needle beyond a point.

India is heavily reliant on institutional arbitration since it is recognized as being akin to courts. But India still lacks a consistent process for institutions to be designated for this critical purpose. Here's why we need clarity.

The economy’s resilience in the face of headwinds generated by the West Asia war could be demonstrated by the narrowing of India’s trade deficit to $20.67 billion in March, said S. Mahendra Dev, chairman of the Economic Advisory Council to PM.