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Maharashtra spearheads policy reforms to facilitate ease in business establishment

Ranking 63rd on the World Bank’s Ease of doing business scale, 2020, India has constantly been pushing its resources and infrastructure to make the nation an inviting destination for international business growth. As another big step up the ladder, the Maharashtra state government recently announced two major reforms as a part of the Magnetic Maharashtra 2.0 program, which will further smoothen the process of setting up businesses in the state. With enablers like digital connectivity and synergy between departments, these reforms – Maha Parwana (Single permission) and Zero Parwana (Zero permission) aim to bring down the overall time spent by companies in regulatory procedures, to match pace with other South Asian nations.

National Digital Health Mission: Harnessing Technology to Strengthen Healthcare in India

On India’s 74th Independence Day, Hon’ble Prime Minister Narendra Modi announced a significant healthcare initiative for India. He unveiled the National Digital Health Mission (NDHM), which is based on the National Digital Health Blueprint (NHDB) prepared by the Ministry of Health Family Welfare (MoHFW) panel to create a framework for the National Health Stack (NHS) proposed in 2018 by the National Institution for Transformation of India (NITI) Aayog. The NHS is essentially a set of core building blocks to be ‘built as a common public good’ that helps avoid duplication of efforts and achieves convergence among the IT systems of the diverse stakeholders such as the Governments, the Payers, the Providers, and the Citizens.

Global Anti-Bribery and Corruption Insights

Opportunities in the Food Processing Sector in India

Doing Business in India

Uber Eats’ exit – The flaw in the plan with Deep Discounting

Electronics Industry in India

Transfer Pricing Courtroom Around the World | 2019

Investment Chronicle January to December 2019

We are pleased to present the second annual edition of SKP Investment Chronicle – our publication that focuses on the deal-making landscape in India, comprising of mergers and acquisitions (M&A), equity investments and exits.

Highlights of the Union Budget 2020

Amidst the challenging global economic scenario, Finance Minister Nirmala Sitharaman’s second budget had huge expectations attached. In her own words, the budget 2020 aimed at providing ‘Ease of Living’ to all citizens, through dedicated measures categorized within the broad themes of Aspirational India, Economic Development, and a Caring Society. Reflecting mandates of the Modi 2.0 regime, the budget strongly underlined the significance of technology and digitization through all its policies. Alongside various direct and indirect tax reforms, the budget strongly emphasized fiscal discipline, reduction of regulatory complexity, and boosting consumption. Initiatives for agriculture, food processing, healthcare, and banking sectors amongst others, have ignited hopes of improved physical and social infrastructure in the country.
 
In this publication on the Highlights of Union Budget 2020, we have captured the highlights from the Finance Minister’s announcement and their cascading impact across sectors, taxpayers, and the economy.