Sunday, December 22, 2024
Home » industry » DPIIT seeks industry inputs to reduce compliances, improve business ease

DPIIT seeks industry inputs to reduce compliances, improve business ease

June 25, 2024
industry
0

Share

Ways to promote ease of doing business, Jan Vishwas 2.0, World Bank’s upcoming B-READY index, and the national single window system, were discussed at a meeting chaired by Department for Promotion of Industry and Internal Trade (DPIIT) Secretary, Rajesh Kumar Singh. Officials said that this is the first of such interactions with industry and other stakeholders. We have taken inputs on many issues like reducing compliances and ease of doing business forward.

Under Jan Vishwas Bill 1, more than 40,000 compliances across the country have been eliminated or simplified and there is a significant push to reduce the burden of criminalization of many laws under its second edition. The World Bank’s Business Ready (B-READY) index is replacing its Doing Business Index and would assess the regulatory framework and public services directed at firms and the efficiency with which the regulatory framework and public services are combined in practice.

Related Posts

RECENT POST

Reader / Viewer discretion and disclaimer :
The information provided on SMEConnect (www.smeconnect.in) website is intended for general informational purposes only. While we strive to provide accurate and up-to-date information, we cannot guarantee the accuracy, completeness, or reliability of the content. The views and opinions expressed in the articles and posts on this website are those of the authors and do not necessarily reflect the official policy or position of SMEConnect website. Readers are advised to independently verify any information found on this website before making decisions based on it. We do not endorse, represent, or warrant the accuracy or reliability of any third-party content linked on this site. Furthermore, SMEConnect (www.smeconnect.in) website shall not be held liable for any errors, omissions, or delays in the information provided, nor for any losses, injuries, or damages arising from its display or use. Please note that the content on SMEConnect (www.smeconnect.in) website may be subject to change without notice.