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Showing posts from June, 2020
Modi Government and Business After the arrival of Narendra Modi government in the year 2014 many technological, social and environmental advancements are seen in the country but the sector of business development has always been controversial under the Modi Government, So let's discuss the benefits and losses caused to the business under his rule. Ease of Doing Business If we look at Ease of doing business rank declared by the world bank India is at 77th rank out of 190 as of 2018 in the year 2017 we were at 100th position. So, we can see that we are improving, this ranking process includes several factors like:- 1. Construction permits 2. Getting electricity 3. Paying taxes  4. Getting credit for business  and many more... But still many traditional businessmen like the famous chaiwala, kachoriwala of your city are against him the question is Why? After the arrival of GST(Goods and services tax), many taxation processes have been simplified but due to t