Gujarat had received overall top ranking in the report by the World Bank and the Department of Industrial Policy and Promotion that was released last week and had implemented 71.14 per cent of all business reforms.
The first one is due very soon while the other two will be submitted by January,” said a person familiar with the development, adding that its recommendations would be included in the Union Budget 2016-17.
The proposal to set up an independent debt management agency has been announced by successive finance ministers and it was taken up by finance minister Arun Jaitley in this year’s Union Budget in February.
With Labour Minister Bandaru Dattatreya and Labour Secretary Shankar Agarwal away to attend the G-20 labour minister's conference, the labour ministry remained silent on the impact of the strike but trade unions leaders have termed it a “grand success”.
With the government announcing plans to infuse Rs 25,000 crore capital in public sector banks this fiscal, financial services secretary Hasmukh Adhia said this will allow them to tap the markets when their valuations are improved. In an interview, Adhia also said the finance ministry is working to strengthen fraud detection processes at PSBs. Excerpts: Are […]