26 June, 2020
2 Min Read
Rule of Law Index
It is released by the World Justice Project, an independent organisation.It is a quantitative assessment tool designed to offer a detailed and comprehensive picture of the extent to which countries adhere to the rule of law in practice. The World Justice Project defines the rule of law system as one in which the following four universal principles are upheld:
India has secured 69th rank of 128 countries.
It measures countries’ rule of law performance across eight factors:
About National Investment and Manufacturing Zones (NIMZ) The Government of India (GoI) has announced a National Manufacturing Policy, 2011, with the objective of enhancing the share of manufacturing in GDP to 25% within a decade and creating 100 million jobs. NIMZs are one of the important instruments to achieve it. As per the Policy, &ldqu
What is an International Financial Services Center (IFSC)? An IFSC caters to customers outside the jurisdiction of the domestic economy. Such centres deal with flows of finance, financial products and services across borders. London, New York and Singapore can be counted as global financial centres. The&n
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