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India and Britain's trade pact has taken effect, cutting tariffs on thousands of goods. It widens access for services firms and professionals, benefiting sectors like textiles and automotive industries.
He added that the Codes also mandate the issuance of appointment letters and provide equal pay for the same work regardless of gender.
Kerala has consistently topped social indicators, but business sector reforms were hitherto considered beyond it. The BRAP 2024 rankings are expected to change this perception.
The deal follows trade pacts over the last two years with Australia and the UAE, while officials say another, with Britain, is in its final stages, as PM Modi aims for annual exports of $1 trillion by 2030.
Interactive classes, lab training and industry visits are part of the programme.
Kerala was ranked 28th in the central government's ease-of-doing-business ranking that came out last year. The state government had raised its apprehensions straight away, but the Centre is yet to respond
The prime objective of the scheme is to make manufacturing in India globally competitive by removing sectoral disabilities.
This will replace the industrial policy of 1991, which was prepared in the backdrop of balance of payment crisis.
Ma will stay on till 2019 and Zhang will retain the CEO post when he becomes the chairman.
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