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Govt begins UBIN drive for budding entrepreneurs

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Press Trust of India New Delhi
Last Updated : May 07 2016 | 7:07 PM IST
The government has started the process for issuance of Unique Business Identification Number (UBIN) to enable budding entrepreneurs set up their business without any delays, a top official said today.
"Department of Industrial Policy & Promotion (DIPP) has begun an exercise for issuance of UBIN for budding entrepreneurs to start their new businesses without any delay," DIPP Secretary Ramesh Abhishek said.
Delivering his remarks at a seminar, Abhishek also said that top bureaucracy has been activated by Prime Minister Narendra Modi to produce results well within targeted time and in India it is no longer a business as usual, according to a release issued by PHD Chamber of Commerce.
"It is in this definite direction that all arms of the government have begun to work in unison and one of its results is also in its paths for issuance of Unique Business Identification Number for the new entrepreneurs, which the DIPP would issue after receipt of related applications, hinted the secretary DIPP," Abhishek said.
"This number would automatically be moved on to MCA portal after it is issued to the intended beneficiary and subsequently sent to the CBDT which would nomenclature it as PAN for Unique Business Identification Number," he added.
On the issue of ease of doing business and minimum government and maximum governance, the Secretary held that after the new government came to power, bureaucracy has been activated so much that it has become target oriented as each month the PMO is undertaking a review monitoring meeting on projects implementation.
"It is on account of this push that the coal and railway projects that have been languishing for approvals and executions for decades are now in the process of implementation in various states," said Abhishek.

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First Published: May 07 2016 | 7:07 PM IST

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