Business Standard

Development of Domestic Version of Ease of Doing Business Index

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Capital Market
Department of Industrial Policy and Promotion (DIPP) has formulated action points to ease doing business in the country.

Various areas have been identified and action points on ease of doing business index/indicators have been prepared for assessing the overall business performance of the country as well as States/Union Territories.

Government has undertaken a number of steps to improve Ease of Doing Business in India. Ministries and State Governments of Maharashtra and NCT of Delhi have been advised to simplify and rationalize the regulatory environment through business process reengineering and use of information technology. Other important measures taken by the government to boost the business regulatory environment and to improve Ease of Doing Business in the country include integration of 20 services on e-biz portal to function as single window for obtaining Government clearances, integration of the process of incorporation of the company and application for Director's Identification Number (DIN), removal of requirements of minimum paid-up capital and common seal for companies.

 

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First Published: Mar 17 2016 | 9:06 AM IST

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