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        <h1>India's Economic Survey 2015-16: Progress in Entry Barriers, Challenges in Exits Highlighted, Proposes Solutions for Efficiency.</h1> The Economic Survey 2015-16, presented in the Indian Parliament, highlights India's progress in reducing entry barriers for firms, talent, and technology, but notes significant challenges in facilitating exits. This issue, likened to the 'Chakravyuha' from the Mahabharata, affects both public and private sectors, leading to inefficiencies and economic costs. The survey identifies vested interests, weak institutions, and ideological constraints as key factors hindering exits. It proposes solutions like promoting competition, enacting better laws, strengthening institutions, leveraging technology, and increasing transparency to address these challenges and improve economic efficiency.

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        ActsIncome Tax
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