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The World Bank has shared a set of 1,370 questions which will be assessed across various economies.

India has one of the most liberal FDI policies in the world and in fact more liberal than many Southeast Asian countries that the country is often compared with, says DPIIT Secretary Rajesh Kumar Singh

The Lok Sabha elections are currently underway, with results expected on June 4. The government's decision to ease FDI in the space sector aims to attract global players and private enterprises to boost the industry. However, FDI in India saw a 13 per cent decline to USD 32.03 billion from April to December 2023, impacted by reduced investments in computer hardware and software, telecom, automotive, and pharmaceutical sectors., Markets News - Times Now

Recently FDI norms were eased in the space sector and "it is quite possible that under a new government, we can attempt some further liberalisation of any pockets that are left and where some liberalisation is possible ," Singh said here at CIIs annual business summit.

"We are working on the Jan Viswas Bill 2.0. A working group of different ministries has been set up. We have formed smaller groups for individual legislation also. That exercise is on," the official said, adding that after the exercise is over, the bill will be put before the parliament for consideration.

India News: The government is looking at various provisions of The Legal Metrology Act and The Explosives Act for decriminalising and compounding minor offences w

Dive deep into our special edition on major Bills passed by the Parliament during this Monsoon Session.

It will help attract investment, arrest flight of capital out of country

"We will do this in the future as well...We intend to follow with an inter-ministerial working group which will look at other provisions where further simplification, rationalisation or decriminalisation is possible and we are intending to do the same exercise at the state level by providing guidance to the states as well," he told.

The Rajya Sabha passed the Jan Vishwas (Amendment of Provisions) Bill, 2023, that seeks to promote ease of business by decriminalising minor offences through amendments in 183 provisions of 42 Acts.