Centre identifies parameters to ensure ease of doing business

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The Centre has identified 98 parameters to ensure ease of doing business in India, and has shared these with the States for necessary action by May, said Amitabh Kant, Secretary, Department of Industrial Policy and Promotion (DIPP), while speaking at the CII Western Region annual meeting here on Monday.
In the following months, the government would evaluate States based on the breakthrough achieved in the suggested areas, he said while urging industry to support the States in this regard.

“India needs to achieve higher growth trajectory and the government is committed for the same” Mr. Kant said while stating that ease of doing business must be ensured for India’s own sake and not just for achieving higher ranking on the World Bank’s ease of doing business index.
According to Mr Kant, some of the measures undertaken by the government to achieve greater else of doing business include digitizing the process of applying for industrial licenses, industrial entrepreneurial memorandum and also setting up of the e-biz platform that seeks to integrate 14 services as well as making them available online.
The e-biz platform was kicked off last fortnight. In addition, the number of forms for export and import were reduced from nine to three. Apurva Chandra, Principal Secretary (Industries), Maharashtra, said states must benchmark themselves against model nations such as Singapore to achieve industrial growth and attract investment. He said Maharashtra had already started the process by reducing the procedures of doing business in the state.
Ashish Kundra, Administrator, Daman & Diu and Dadra & Nagar Haveli, said the first ever industrial policy of the Union Territory would help in attracting investments of Rs.5000 crore in 5 years generating 40,000 jobs. According to Dr Naushad Forbes, Vice-President, CII, every state must become a part of the solution and do its bit to ensure India improves its global ranking on ease of doing business.
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