Industrial Sector Updates – Industrial Policy, Ease of Doing Business, etc.

‘One India’ concept push for ease of business I

  1. Proposal: The Centre, in collaboration with State governments, plans to introduce a ‘One India’ concept
  2. It will be the biggest and the most comprehensive ‘ease of doing business’ initiative so far
  3. Purpose: Under the ‘one-form-one-portal’ model the processes will be simplified to an extent where investors will need to fill only a single e-form for investing and doing business anywhere in India
  4. Currently: Firms are mandated to complete multiple forms at the Central and state-levels
  5. It gets more complicated as each state has different requirements and regulation

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