economy

Chhattisgarh Cabinet Approves Landmark Business Reform Bill 2026

Published on: 10 Jul 2026, 03:11 PM

The Chhattisgarh Cabinet, chaired by Chief Minister Vishnu Deo Sai, on Friday approved the draft of the Chhattisgarh Ease of Doing Business (Exemption and Facilitation) Bill, 2026. The proposed legislation aims to simplify regulatory procedures, reduce compliance burdens, and create a transparent, technology-driven ecosystem for businesses operating in the state.

State officials said the Bill is designed to enhance investor confidence, improve the business climate, and position Chhattisgarh as a preferred destination for manufacturing, services, and emerging industries. If enacted, the state would become the first in India to introduce a dedicated law of this nature, according to the state government.

The Bill introduces a comprehensive framework to make the establishment and operation of industries more efficient by reducing procedural delays and eliminating unnecessary regulatory hurdles. It seeks to ensure that businesses receive government services in a time-bound, transparent, and predictable manner.

This move comes as part of the state's broader efforts to improve its ranking in ease of doing business indices. According to the Department for Promotion of Industry and Internal Trade (DPIIT), Chhattisgarh has been among the top achievers in the Business Reforms Action Plan (BRAP) in recent years, but faces competition from other states like Gujarat, Tamil Nadu, and Karnataka.

The Bill is expected to be tabled in the upcoming session of the state legislature. Critics have called for ensuring that the law includes provisions for labour welfare and environmental safeguards, while industry bodies have welcomed the initiative as a step towards reducing red tape.

Source: Indian Express

Latest in Economy 10

economy

Bihar's per capita power consumption surges over fivefold in two decades

Bihar's per capita electricity consumption has risen over fivefold from 75 units in 2005 to 401 units in 2026. The state has also achieved near-universal electrification and significantly improved power supply hours. Infrastructure upgrades and a free electricity scheme for domestic consumers highlight the progress.

The Hindu 11 Jul 2026, 04:20 AM

economy

Maharashtra Finance Commission Proposes Higher Tax Share for Local Bodies to Bridge Rs 8,217 Crore Gap

The Sixth Maharashtra Finance Commission has proposed raising the state tax share for local bodies from 26.3% to 27.3% to address an Rs 8,217 crore annual funding gap. Key recommendations include restoring profession tax powers, introducing municipal bonds, and new revenue sources like a cess on land conversion.

Indian Express 11 Jul 2026, 02:34 AM

economy

Gurugram-Rewari Highway to Cut Travel Time, Experts Predict Property Appreciation

The upcoming Gurugram-Rewari highway is expected to cut travel time to 45 minutes, potentially boosting property values in southern NCR. Developers anticipate 30-60% appreciation in select areas, but actual gains depend on economic and project factors.

NDTV 11 Jul 2026, 03:01 AM

economy

Foreign Investors Return to Indian Stocks After Four Months, but Inflows Remain Modest

Foreign portfolio investors have returned to Indian stocks after four months, with $1.6 billion in purchases in early July. However, analysts caution that the inflows are modest and the recovery fragile, citing limited earnings growth and geopolitical uncertainties.

Indian Express 11 Jul 2026, 12:45 AM

economy

Bengaluru Housing Sales Rise 5% in First Half of 2026: Knight Frank

Bengaluru recorded 27,968 home sales in the first half of 2026, a 5% year-on-year increase, driven by a strong employment base and infrastructure investments. Office transactions also reached a national high of 14.1 million sq ft, led by Global Capability Centres.

The Hindu 10 Jul 2026, 05:12 PM

economy

Equity mutual fund inflows rise 26% in June; gold ETFs rebound

Equity mutual fund inflows rose 26% in June, with SIP contributions hitting a three-month high of Rs 31,781 crore. Gold and silver ETFs rebounded, while debt outflows widened. The mutual fund industry's AUC surpassed foreign investors for the first time.

Indian Express 10 Jul 2026, 12:55 PM

economy

Government Defends E20 as Superior Fuel, Says Multiple Petrol Grades Not Feasible

The Indian government has defended its decision to make E20 the standard fuel, stating that offering multiple petrol grades is logistically unfeasible. It claims E20 is superior and cleaner, with minimal mileage loss for older vehicles, and warns that reverting to lower blends would waste massive investments in ethanol infrastructure.

Indian Express 10 Jul 2026, 10:01 AM

economy

Assam Unveils ₹2.85 Lakh Crore Budget: Tax Relief for Tea Growers, Cheaper Natural Gas

Assam's FY27 budget of ₹2.85 lakh crore proposes raising the tax exemption limit for small tea growers from ₹2.5 lakh to ₹10 lakh and cutting VAT on piped natural gas from 14.5% to 5%. The budget targets a fiscal deficit of 3% of GSDP, with per capita income more than tripling since 2015-16.

The Hindu 10 Jul 2026, 09:03 AM

economy

Gujarat Unveils Data Centre Policy, Eyes ₹6 Lakh Crore Investment in Digital Infrastructure

Gujarat has become the first Indian state to launch a dedicated Data Centre Policy, targeting ₹6 lakh crore in investments and 7.5 GW capacity. The policy offers fiscal incentives and capitalizes on the state's renewable energy resources to attract global tech companies.

The Hindu 10 Jul 2026, 04:15 AM

economy

Beyond Childcare: Four Hidden Barriers Keeping Women Out of India's Urban Workforce

Female labour force participation in India's million-plus cities has risen to 27.2 per cent, but remains far below the male rate. Beyond childcare, four systemic barriers—mobility, public spaces, career progression, and funding—prevent faster progress. Addressing these requires redesigning urban systems to include women as default users.

Indian Express 10 Jul 2026, 12:55 AM

→ View All Economy News