Industrial Sector Updates – Industrial Policy, Ease of Doing Business, etc.

India slips on business optimism index

  1. News: India slipped to the third position on the scale of global business optimism during Q2 2016 (April-June) Grant Thornton International Business Report (IBR)
  2. India had after remaining on top globally for the two preceding quarters
  3. Concerns: Delays in key reforms like the goods and services tax, non-resolution of tax disputes and the banking sector’s performance

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