DPIIT seeks industry inputs to reduce compliances, improve business ease
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 on Wednesday.
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,” said an official.
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 criminalisation 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 regulatory framework and public services are combined in practice.
The first B-READY report will be launched on September 25, 2024.
(You can now subscribe to our Economic Times WhatsApp channel)
Read more on economictimes.indiatimes.com
