


{"id":92081,"date":"2026-03-10T10:22:05","date_gmt":"2026-03-10T04:52:05","guid":{"rendered":"https:\/\/vajiramandravi.com\/current-affairs\/?p=92081"},"modified":"2026-03-10T18:25:45","modified_gmt":"2026-03-10T12:55:45","slug":"india-emerging-as-a-global-business-powerhouse","status":"publish","type":"post","link":"https:\/\/vajiramandravi.com\/current-affairs\/india-emerging-as-a-global-business-powerhouse\/","title":{"rendered":"India Emerging as a Global Business Powerhouse, Reforms, Details"},"content":{"rendered":"<p><span style=\"font-weight: 400;\">In the past decade, India is emerging as a global business powerhouse as it has taken major steps to improve its business environment. Through regulatory reforms, digital governance, and financial sector changes, the government has made it easier to start and run businesses in the country.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">These reforms have strengthened investor confidence and encouraged entrepreneurship. The <\/span><b>number of active registered companies increased from 1.55 lakh in 2020-21 to around 1.98 lakh in 2025-26,<\/b><span style=\"font-weight: 400;\"> reflecting the growing strength of India\u2019s business ecosystem and its rising position in the global economy.<\/span><\/p>\n<h2><b>Institutional Reforms Supporting Businesses<\/b><\/h2>\n<p><span style=\"font-weight: 400;\">India\u2019s emergence as a global business powerhouse is driven by regulatory simplification, digital governance, and financial sector reforms that collectively improve the Ease of Doing Business.<\/span><\/p>\n<h2><b>Ease of Doing Business<\/b><\/h2>\n<p><span style=\"font-weight: 400;\">Improving the Ease of Doing Business (EoDB) has become a key policy priority in India. The government aims to create a business environment that is transparent, efficient, and predictable.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Several measures have been taken to achieve this goal:<\/span><\/p>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Simplifying rules and regulations<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Reducing unnecessary compliances<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Promoting digital governance<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Improving tax systems<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Encouraging investment and entrepreneurship<\/span><\/li>\n<\/ul>\n<p><span style=\"font-weight: 400;\">The <a href=\"https:\/\/vajiramandravi.com\/current-affairs\/union-budget-2026\/\" target=\"_blank\"><strong>Union Budget<\/strong><\/a> 2026-27 also introduced reforms to promote digital trade, reduce compliance burden, and improve tax certainty for businesses.<\/span><\/p>\n<h2><b>Strengthening the Startup Ecosystem<\/b><\/h2>\n<p><span style=\"font-weight: 400;\">The Startup India initiative has played a major role in promoting innovation and entrepreneurship in India. The initiative seeks to build a robust and inclusive startup ecosystem that fosters innovation, drives sustainable economic growth, and generates large-scale employment opportunities across the country. Startups recognised by the government receive benefits such as:<\/span><\/p>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Tax incentives<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Simplified regulatory procedures<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Faster patent and intellectual property approvals<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Support for funding and business growth<\/span><\/li>\n<\/ul>\n<p><span style=\"font-weight: 400;\">As of February 2026, India has more than 2.16 lakh recognised startups, making it one of the largest startup ecosystems in the world.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">These initiatives also encourage innovation in areas such as technology, rural development, and research.<\/span><\/p>\n<h2><b>Improving Access to Finance<\/b><\/h2>\n<p><span style=\"font-weight: 400;\">Access to credit is essential for businesses, especially <a href=\"https:\/\/vajiramandravi.com\/current-affairs\/msme\/\" target=\"_blank\"><strong>Micro, Small and Medium Enterprises<\/strong><\/a> (MSMEs). To support them, the government has introduced several credit guarantee schemes that allow entrepreneurs to obtain loans without collateral.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Important schemes include:<\/span><\/p>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Credit Guarantee Scheme for Micro &amp; Small Enterprises (CGTMSE): Facilitates credit guarantees for credit support of up to \u20b910 crore to Micro and Small Enterprises (MSEs).<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Credit Guarantee Scheme for Startups (CGSS): Supports startups by providing credit guarantees; the revised framework has enhanced guarantee coverage, increasing the maximum limit from \u20b910 crore to \u20b920 crore per eligible borrower.\u00a0<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Credit Guarantee Scheme for Exporters (CGSE): Additional collateral-free credit support of up to \u20b920,000 crore to direct and indirect exporter MSMEs.<\/span><\/li>\n<\/ul>\n<p><span style=\"font-weight: 400;\">These schemes reduce risk for banks and make it easier for entrepreneurs to obtain loans. <\/span><span style=\"font-weight: 400;\">Public sector banks have introduced a <\/span><b>Credit Assessment Model (CAM)<\/b><span style=\"font-weight: 400;\"> that uses digital data to evaluate loan applications from MSMEs. <\/span><span style=\"font-weight: 400;\">This system allows faster and more transparent loan approvals.<\/span><\/p>\n<h2><b>Insurance Sector Reforms<\/b><\/h2>\n<p><span style=\"font-weight: 400;\">The <\/span><b>Sabka Bima, Sabki Raksha (Amendment of Insurance Laws) Act, 2025<\/b><span style=\"font-weight: 400;\"> introduces comprehensive reforms by amending the Insurance Act, 1938, the Life Insurance Corporation Act, 1956, and Insurance Regulatory and Development Authority Act, 1999.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">The <\/span><b>objective<\/b><span style=\"font-weight: 400;\"> is to strengthen policyholder protection, deepen insurance penetration, accelerate sectoral growth, and significantly improve EoDB.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">A key reform is the <\/span><b>increase in the FDI limit to 100%<\/b><span style=\"font-weight: 400;\">. The Act promotes EoDB through:<\/span><\/p>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">One-time registration for insurance intermediaries to ensure seamless operations and better service continuity.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Raising the IRDAI approval threshold for share transfers from 1% to 5%, simplifying compliance.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Reducing the Net Owned Fund requirement for foreign reinsurers from \u20b95,000 crore to \u20b91,000 crore, encouraging greater reinsurance participation and capacity in India.<\/span><\/li>\n<\/ul>\n<p><span style=\"font-weight: 400;\">These reforms will attract investment and improve insurance coverage for businesses and individuals.<\/span><\/p>\n<h2><b>Trade and Investment Facilitation<\/b><\/h2>\n<p><span style=\"font-weight: 400;\">The government has introduced several measures to improve trade processes and reduce delays in cargo movement.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Major initiatives include:<\/span><\/p>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">A single digital window for cargo clearances<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Faster customs clearance for goods with no compliance requirements<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Introduction of Customs Integrated System (CIS)<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Use of AI-based risk assessment and scanning technologies<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Increased investment opportunities for foreign investors<\/span><\/li>\n<\/ul>\n<p><span style=\"font-weight: 400;\">These steps improve efficiency in international trade and make India more attractive for global investors.<\/span><\/p>\n<h2><b>Regulatory Reforms to Improve Business Environme<\/b><strong>nt<\/strong><\/h2>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">The <\/span><a href=\"https:\/\/vajiramandravi.com\/upsc-exam\/reserve-bank-of-india\/\" target=\"_blank\"><b>Reserve Bank of India<\/b><\/a><span style=\"font-weight: 400;\"> has simplified its regulatory framework by consolidating thousands of circulars into Master Directions, making regulations easier to understand.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Similarly, the <\/span><b><a href=\"https:\/\/vajiramandravi.com\/upsc-exam\/securities-and-exchange-board-of-india-sebi\/\" target=\"_blank\">Securities and Exchange Board of India<\/a> (SEBI)<\/b><span style=\"font-weight: 400;\"> has simplified rules related to securities markets to improve transparency and compliance.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">The government has taken several steps to make taxation simpler and more predictable:<\/span>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"2\"><span style=\"font-weight: 400;\">Reduction in penalties for minor offences<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"2\"><span style=\"font-weight: 400;\">Decriminalisation of technical tax violations<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"2\"><span style=\"font-weight: 400;\">Lower pre-deposit requirement for appeals<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"2\"><span style=\"font-weight: 400;\">Simplified prosecution rules<\/span><\/li>\n<\/ul>\n<\/li>\n<\/ul>\n<p><span style=\"font-weight: 400;\">These reforms reduce legal disputes and make the tax system more business-friendly.<\/span><\/p>\n<h2><b>Rationalizing Penalty and Prosecution<\/b><\/h2>\n<p><span style=\"font-weight: 400;\">The government has reduced compliance stress by simplifying penalties and prosecution rules.<\/span><\/p>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Pre-deposit for appeals reduced from 20% to 10%.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Companies can update returns even after reassessment by paying 10% additional tax.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Protection from penalty and prosecution now covers misreporting if full tax and interest are paid.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Non-production of books, TDS mistakes, and other minor violations now attract fines instead of criminal charges.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Many technical penalties are now treated as fees.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Simple imprisonment is limited to 2 years and can be converted to a fine.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Non-disclosure of foreign assets below \u20b920 lakh (from 1.10.2024) is exempted.<\/span><\/li>\n<\/ul>\n<h2><b>Trust-Based Customs System<\/b><\/h2>\n<p><span style=\"font-weight: 400;\">Trust-based systems allow trusted businesses to get faster customs clearance with fewer checks, making trade easier.<\/span><\/p>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><b>Deferred duty payment<\/b><span style=\"font-weight: 400;\">: Importers can clear goods first and pay customs duty later (\u201cClear first, Pay later\u201d).<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><b>Authorised Economic Operator (AEO)<\/b><span style=\"font-weight: 400;\">: Trusted companies involved in international trade get faster customs clearance and fewer inspections.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><b>Longer duty payment time: <\/b><span style=\"font-weight: 400;\">Duty deferral period for Tier-2 and Tier-3 AEOs increased from 15 days to 30 days.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><b>Facility for manufacturer-importers<\/b><span style=\"font-weight: 400;\">: Eligible manufacturer-importers can also use duty deferral, encouraging them to become AEOs.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><b>Advance ruling validity increased<\/b><span style=\"font-weight: 400;\">: Customs advance ruling validity extended from 3 years to 5 years, helping better business planning.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><b>Faster cargo clearance<\/b><span style=\"font-weight: 400;\">: AEO businesses get preferential treatment in cargo clearance.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><b>Less verification for trusted importers<\/b><span style=\"font-weight: 400;\">: Risk-based systems reduce inspections for reliable traders.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><b>Simplified warehousing system<\/b><span style=\"font-weight: 400;\">: Self-declarations, electronic tracking, and risk-based audits reduce delays and compliance costs.<\/span><\/li>\n<\/ul>\n<h2><b>Jan Vishwas Act<\/b><\/h2>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">The <\/span><b>Jan Vishwas (Amendment of Provisions) Act, 2023<\/b><span style=\"font-weight: 400;\"> removed criminal penalties for 183 minor offences across 42 laws.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Minor and technical violations now attract monetary penalties instead of criminal punishment.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">The proposed <\/span><b>Jan Vishwas Bill, 2025 <\/b><span style=\"font-weight: 400;\">aims to further decriminalise several provisions to reduce regulatory burden and promote a more business-friendly governance system.<\/span><\/li>\n<\/ul>\n<h2><b>Insolvency and Bankruptcy Reforms<\/b><\/h2>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">It provides a clear and time-bound process to resolve financially stressed companies.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Its main objective is to revive companies in financial distress instead of letting them shut down.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Since its introduction, 3,865 companies have been rescued (till Sept 2025) through resolution plans, settlements, or withdrawals.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Creditors have recovered about \u20b93.99 lakh crore, which is around 170% of liquidation value.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">By improving recovery and transparency, IBC increases credit availability and investor confidence.<\/span><\/li>\n<\/ul>\n<h2><b>The Securities Markets Code, 2025 (SMC)\u00a0<\/b><\/h2>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">The <\/span><b>SMC Code, 2025<\/b><span style=\"font-weight: 400;\"> replaces the Securities Contracts (Regulation) Act, 1956, the SEBI Act, 1992, and the Depositories Act, 1996, thereby consolidating the uneven laws governing India\u2019s securities markets.\u00a0<\/span><\/li>\n<\/ul>\n<h2><b>Quality Control Orders (QCOs)<\/b><\/h2>\n<p><span style=\"font-weight: 400;\">Quality Control Orders are rules issued by the government that make quality standards mandatory for certain products.<\/span><\/p>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">QCOs ensure that products meet required quality and safety standards.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">By December 2025, 143 QCOs covering 723 products have been notified, compared to 214 products in 2019.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Better quality standards help Indian products compete in global markets and attract investment.<\/span><\/li>\n<\/ul>\n<h2><b>Regulatory Compliance Burden (RCB) Initiative<\/b><\/h2>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Launched in 2020, the RCB initiative seeks to ease regulatory pressures on businesses and citizens through a comprehensive self-review by Central Ministries, Departments, and States\/UTs.\u00a0<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Over the past five years, more than 47,000 compliances have been reduced.<\/span><\/li>\n<\/ul>\n<h2><b>Minimum Alternate Tax (MAT)\u00a0\u00a0\u00a0<\/b><\/h2>\n<p><b>Minimum Alternate Tax (MAT)<\/b><span style=\"font-weight: 400;\"> enhances the EoDB in India by creating a fair, transparent tax structure that <\/span><b>ensures profitable companies pay a minimum tax.<\/b><span style=\"font-weight: 400;\"> Recently, significant rationalization measures have been proposed under the MAT framework in the Union Budget 2026-27.<\/span><\/p>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">The MAT rate is proposed to be reduced from 15% to 14% to simplify taxation.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Non-residents choosing presumptive taxation will be exempt from MAT, reducing compliance burden.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Share buybacks will be taxed as capital gains in the hands of shareholders.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Companies can set off MAT credit up to one-fourth of their tax liability under the new tax regime.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Treating MAT as a final tax simplifies the tax structure and improves ease of doing business.<\/span><\/li>\n<\/ul>\n<h2><b>Labour Reforms<\/b><\/h2>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><b>Simplified labour laws<\/b><span style=\"font-weight: 400;\">: 29 central labour laws have been merged into 4 Labour Codes, making rules easier to understand and follow.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><b>Faster approvals<\/b><span style=\"font-weight: 400;\">: Permission for factory construction or expansion must now be given within 30 days (earlier it could take up to 90 days).<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><b>Easier compliance<\/b><span style=\"font-weight: 400;\">: Businesses now have single online registration, a single return, and a single all-India licence valid for 5 years, reducing paperwork.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><b>Relaxed rules for small contractors<\/b><span style=\"font-weight: 400;\">: Contractors employing fewer than 50 workers do not need a licence.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><b>Less strict penalties<\/b><span style=\"font-weight: 400;\">: Minor violations now attract monetary fines instead of criminal penalties, and businesses get 30 days to fix issues before legal action.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><b>Greater flexibility for companies<\/b><span style=\"font-weight: 400;\">: The threshold for lay-offs, retrenchment, and closure has been increased to 300 workers, allowing businesses to operate more flexibly.<\/span><\/li>\n<\/ul>\n<h2><b>GST Reforms<\/b><\/h2>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><b>Simplified tax slabs<\/b><span style=\"font-weight: 400;\">: GST reforms simplified the structure mainly into two slabs :\u00a0 5% and 18%, replacing the earlier multiple slabs (5%, 12%, 18%, 28%).\u00a0\u00a0<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><b>Reduction in tax rates<\/b><span style=\"font-weight: 400;\">: Tax rates were reduced in some sectors, lowering the overall tax burden on businesses.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><b>Lower compliance and transaction costs<\/b><span style=\"font-weight: 400;\">: Simpler tax rules reduce paperwork, time, and cost involved in tax compliance.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><b>Improved affordability and entrepreneurship<\/b><span style=\"font-weight: 400;\">: Rationalisation of tax rates improves affordability and supports new businesses.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><b>Correction of inverted duty structure:<\/b><span style=\"font-weight: 400;\"> Tax imbalances in sectors such as textiles and fertilisers have been corrected.<\/span><\/li>\n<\/ul>\n<p><span style=\"font-weight: 400;\">GST simplification has expanded the tax base from 60 lakh taxpayers in 2017 to more than 1.6 crore in 2026, indicating greater formalisation of the economy.<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>India is emerging as a global business powerhouse through regulatory reforms, startup support, GST and labour reforms, improved credit access, and digital governance.<\/p>\n","protected":false},"author":11,"featured_media":92106,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[786],"tags":[5990],"class_list":{"0":"post-92081","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-general-studies","8":"tag-india-emerging-as-a-global-business-powerhouse","9":"no-featured-image-padding"},"acf":[],"_links":{"self":[{"href":"https:\/\/vajiramandravi.com\/current-affairs\/wp-json\/wp\/v2\/posts\/92081","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/vajiramandravi.com\/current-affairs\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/vajiramandravi.com\/current-affairs\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/vajiramandravi.com\/current-affairs\/wp-json\/wp\/v2\/users\/11"}],"replies":[{"embeddable":true,"href":"https:\/\/vajiramandravi.com\/current-affairs\/wp-json\/wp\/v2\/comments?post=92081"}],"version-history":[{"count":3,"href":"https:\/\/vajiramandravi.com\/current-affairs\/wp-json\/wp\/v2\/posts\/92081\/revisions"}],"predecessor-version":[{"id":92084,"href":"https:\/\/vajiramandravi.com\/current-affairs\/wp-json\/wp\/v2\/posts\/92081\/revisions\/92084"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/vajiramandravi.com\/current-affairs\/wp-json\/wp\/v2\/media\/92106"}],"wp:attachment":[{"href":"https:\/\/vajiramandravi.com\/current-affairs\/wp-json\/wp\/v2\/media?parent=92081"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/vajiramandravi.com\/current-affairs\/wp-json\/wp\/v2\/categories?post=92081"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/vajiramandravi.com\/current-affairs\/wp-json\/wp\/v2\/tags?post=92081"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}