I don't understand India improving in ease of doing business. Whose business?
MNCs? Hawkers? Because average people like me are still struggling. I don't qualify for Stand Up India scheme because it's reserved for Scheduled Castes and women. I don't qualify for Startup India scheme because my business is too old. I was told the MUDRA scheme helps only with buying assets. I needed working capital. So, who actually is benefiting? International organizations?
Two decades ago, when I wanted some loan for my computer training business, I went for Nehru Rozgar Scheme. I was asked to commit x% of amount sanctioned. What changed since?
Labor is cheap. No doubt about that. I don't know about the single window clearance for new businesses as I didn't try. And I can try only if I relaunch my business with new name.
I am not criticizing. I am not able to comprehend the process. They said the red tape has been removed. But relevant agencies keep my applications with them asking for "happy birthday gifts".
For whom exactly did the ease of doing business in India improve?
IMO, instead of so many schemes India should have brought in something that not only provides funding but also training and consulting for aspiring entrepreneurs. Like they have SBA in the US. That's for *basic self employment*.
People who can afford to invest millions can buy ease of doing business easily.~
Sent on 19/03/18 at 1658 hours (IST)