Centre today said it is "working conjointly" with state governments in Delhi and Maharashtra to improve India's rank to top-50 in ease of doing business, as it cited various anti-corruption measures and "achievements" of the AAP government in the national capital.
Centre today said it is “working conjointly” with state governments in Delhi and Maharashtra to improve India’s rank to top-50 in ease of doing business, as it cited various anti-corruption measures and “achievements” of the AAP government in the national capital.
While Maharashtra has got a BJP-led government, Delhi Chief Minister Arvind Kejriwal and his Aam Aadmi Party have often been at the loggerheads with the BJP that leads the NDA government at the Centre.
Listing ‘achievements over the past two years’ to make it easier to do business in the country, the Department of Industrial Policy and Promotion (DIPP) in a statement said that it “is working extensively on improving India’s rank in the World Bank Group’s Doing Business Study”.
India’s rank in the Doing Business Report 2015 was 142 among 189 countries which improved to 130 in the Doing Business Report, 2016.
“Central Government is working conjointly with State Governments of Maharashtra and Delhi, to bring India within top 50 ranks,” it said.
About “achievements” in Delhi, DIPP said unified building bye-laws have been notified, while online registration of Value Added Tax (VAT) with real-time Tax Identification Number (TIN) allotment has been introduced.
“Delhi VAT Sewa App has been developed whereby permanent business registration is done without need for field verification by VAT inspector. This step has eliminated instances of corruption and irregularities during field verification,” it added.
DIPP further said: “Government of India has emphasised on the importance of Ease of Doing Business and it is a major pillar of Make in India initiative.”
Listing some of the measures taken by the Narendra Modi-led government as it completes two years in office, the DIPP said, “Central Government is working conjointly with State Governments of Maharashtra and Delhi, to bring India within top 50 ranks”.
It said the requirement of minimum paid up capital and common seal under the Companies Act 2013 done away with and the time taken for obtaining PAN and TAN on eBiz portal has been brought down to T+1 days.
Moreover, DIPP said registration for Permanent Account Number, Tax Deduction Account Number, EPFO (Employees’ Provident Fund Organization) and ESIC (Employee’s State Insurance Corporation) and incorporation of company can be done through a single form on eBiz portal and documents required for imports and exports have been reduced to three.
Elaborating on the reforms related to the 10 parameters based on the Doing Business Report like starting a business, DIPP said registration with ESIC and EPFO has been made real-time by eliminating all physical touch-points and the
requirement of opening a bank account has been removed as a mandatory condition for registration with ESIC and EPFO.
On trading across borders, it said the Central Board of Excise and Customs(CBEC) has implemented Single Window Interface for Facilitating Trade (SWIFT) (online single window for clearance of goods) on the ICEGATE portal by integrating FSSAI, Animal Quarantine, Plant Quarantine, Drug Controller and Wildlife Control Bureau for imports.