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Ficci suggests steps to attract more investments into Delhi

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Press Trust of India New Delhi
To attract more investments into Delhi, Ficci has suggested measures, including putting in place a single-window clearance mechanism, ushering in labour reforms and improving the quality of public service delivery, to Chief Minister Arvind Kejriwal who recently assumed charge.

Among others, the industry chamber also pitched for early introduction of GST as its adoption would make the supply chain tax neutral, reduce economic distortions and compliance cost, create a common market across India and lead to an equitable distribution of goods and services.

Besides, it suggested that the Delhi government modernise the fruits and vegetable market infrastructure which would go a long way in combating food inflation by amending the APMC Act and creating an enabling environment for the markets to flourish in an efficient manner.
 

It also made a case for setting up of a platform by the Delhi government to file Common Application Form (CAF) online. The applicant should be able to track the status of the application online, it said.

Moreover, Ficci said approvals should be granted in a time-bound manner. There should be a provision of deemed approval, in case application for approval is kept pending without assigning any reason and approval is not granted in notified period.

Ficci also asked the Delhi government to adopt green technologies and focus on carbon credit and creation of a dedicated annualised fund for cluster development and Common Facility Centres.

Other steps suggested by Ficci include promotion of public private partnership (PPP) projects and tourism for revenue generation.

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First Published: Dec 31 2013 | 6:06 PM IST

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