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Bid to improve investment climate

FEWER HURDLES

New Delhi, Aug. 16 (PTI): The government today said it had taken a series of steps to improve ease of doing business, including a timeline for clearing applications, de-licensing the manufacturing of some defence products and introducing an online project for single-window clearance.

“The emphasis has been on the simplification and rationalisation of existing rules and introduction of information technology to make governance more efficient, simple and user-friendly,” the Department of Industrial Policy and Promotion (DIPP) said.

The e-Biz project will create an investor-centric hub-and-spoke based online single-window model to provide clearances and file compliances, the DIPP said.

“This project will result in radical improvements in the ease of doing business by reducing time, efforts and costs taken in obtaining clearances and ensuring compliances. Integration with central government services is being done on the highest priority,” the DIPP said.

To improve the regulatory business environment, all departments and state governments have been requested to take measures on a priority basis such as mandatory filing of all returns online through a unified form.

Further, no inspection should be undertaken without the approval of the head of the departments.

For all non-risk, non-hazardous businesses, a system of self-certification should be introduced.

Besides, the government has introduced online registration of employers with the Employees’ Provident Fund Organisation and the Employees State Insurance Corporation.

The government has done away with the requirement of affidavit from the applicants in the defence industry.

Further, a maximum timeline of 12 weeks has been finalised by the ministry of home affairs to grant security clearances to industrial licence applications.

Partial start of production will be treated as production of all items included in the licence, a move which will ease the difficulties faced by the entrepreneurs in repeatedly coming to the administrative ministries for licence extension.

The list for defence products for industrial licence has been issued in which a large number of components and castings/forgings have been excluded.

 
 
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