{"id":30,"date":"2016-12-01T05:50:42","date_gmt":"2016-12-01T05:50:42","guid":{"rendered":"http:\/\/www.iiiem.in\/blog\/?p=30"},"modified":"2016-12-19T13:03:14","modified_gmt":"2016-12-19T13:03:14","slug":"ease-of-doing-business-in-india","status":"publish","type":"post","link":"https:\/\/www.iiiem.in\/blog\/ease-of-doing-business-in-india\/","title":{"rendered":"Ease of Doing Business in India"},"content":{"rendered":"<p><img loading=\"lazy\" decoding=\"async\" class=\"size-medium wp-image-31 alignleft\" src=\"http:\/\/www.iiiem.in\/blog\/wp-content\/uploads\/2016\/12\/doingbusiness-300x225.jpg\" alt=\"Ease of Doing Business in India\" width=\"300\" height=\"225\" srcset=\"https:\/\/www.iiiem.in\/blog\/wp-content\/uploads\/2016\/12\/doingbusiness-300x225.jpg 300w, https:\/\/www.iiiem.in\/blog\/wp-content\/uploads\/2016\/12\/doingbusiness.jpg 435w\" sizes=\"auto, (max-width: 300px) 100vw, 300px\" \/>As reported in October 2016 loud and clamorous voices and fonts by television and print media that India is ranked 130th for ease of doing business in India, after a survey by the World Bank.<\/p>\n<p>Clearly the survey by World Bank feels, it is not easy to do business in India.<\/p>\n<p>My na\u00efve and inexperienced mind fell to only one conclusion that the bureaucracy in India must be the culprit. This \u201cfeeling\u201d is baseless as I have nothing to do with Export and Import and for that matter with any business local or international. Thus I tried to read more thinking our Prime Minister must have done \u201csomething\u201d to beat this.<\/p>\n<p>However the fact still remains that India is tough and rigid for any Business, not just in <strong><a href=\"http:\/\/www.iiiem.in\/import-and-export-management.html\" target=\"_blank\">Export Import<\/a><\/strong> but for any small or medium size establishments too. This rank is a betterment from the previous reports where in India has improved by four points ! Needless to say that Mr. Modi has removed all arduous and timid systems for business sin India.<\/p>\n<p>India must understand that the only solution to bring in economic stability is through business locally or globally. The \u201cfear\u201d of Government norms, taxes and Audits in a Common India is so much that more and more business families have their current generations moving towards employment instead of business.<\/p>\n<p>Our Government is conscience about making progressive policies for improving the process and procedures for doing business. We need to do away with archaic rules and snail pace work culture.<\/p>\n<p>Measures have been taken, some are implemented, and others shall be in a short while.<\/p>\n<p><strong>Major steps that our Government has taken are to provide faster registration &amp; incorporation of the Company<\/strong><\/p>\n<ul>\n<li>Simpler rules for taxes<\/li>\n<li>Implement GST across the Country<\/li>\n<li>Simplified Loan procedures<\/li>\n<li>Digital link ups for Business with various Government offices and departments<\/li>\n<li>Special benefits for Start-ups companies too.<\/li>\n<li>Export is encouraged with various incentives<\/li>\n<li>Easier Banking system for Loans<\/li>\n<li>Decreasing gaps between College Education and Real Life businesses through Industry Interface.<\/li>\n<\/ul>\n<p>Reasonably it can be argued that the Government too should work professionally with its turnaround time ( TAT ) for completing all formalities within defined time limits.<\/p>\n<p>Within India, Gujarat, Andhra Pradesh, Jharkhand, are the toppers in ease of doing business. Things are not so grim. Its just that India needs a few more years to change the algorithms of doing business internally and with the outside world too.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>As reported in October 2016 loud and clamorous voices and fonts by television and print media that India is ranked 130th for ease of doing business in India, after a survey by the World Bank. Clearly the survey by World Bank feels, it is not easy to do business in India. My na\u00efve and inexperienced\u2026 <span class=\"read-more\"><a href=\"https:\/\/www.iiiem.in\/blog\/ease-of-doing-business-in-india\/\">Read More &raquo;<\/a><\/span><\/p>\n","protected":false},"author":1,"featured_media":31,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[20,26,29,24,28,25,1,27,22,23,15],"tags":[2,9,14,17,11,4,6,3,18,12,7,8,13],"class_list":["post-30","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-export-import","category-export-import-business","category-export-import-business-training","category-export-import-course","category-export-import-management","category-export-import-training","category-iiiem","category-import-export-business","category-import-export-course","category-import-export-training","category-mission-golden-bird","tag-build-exporter","tag-export-courses","tag-export-diploma","tag-export-import-career","tag-export-import-certificate","tag-export-import-class","tag-export-import-institute","tag-export-import-training","tag-export-import-vacancy","tag-export-training-classes","tag-import-export-business","tag-import-export-procedure","tag-import-export-training"],"_links":{"self":[{"href":"https:\/\/www.iiiem.in\/blog\/wp-json\/wp\/v2\/posts\/30","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.iiiem.in\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.iiiem.in\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.iiiem.in\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.iiiem.in\/blog\/wp-json\/wp\/v2\/comments?post=30"}],"version-history":[{"count":1,"href":"https:\/\/www.iiiem.in\/blog\/wp-json\/wp\/v2\/posts\/30\/revisions"}],"predecessor-version":[{"id":32,"href":"https:\/\/www.iiiem.in\/blog\/wp-json\/wp\/v2\/posts\/30\/revisions\/32"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.iiiem.in\/blog\/wp-json\/wp\/v2\/media\/31"}],"wp:attachment":[{"href":"https:\/\/www.iiiem.in\/blog\/wp-json\/wp\/v2\/media?parent=30"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.iiiem.in\/blog\/wp-json\/wp\/v2\/categories?post=30"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.iiiem.in\/blog\/wp-json\/wp\/v2\/tags?post=30"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}