Modi chairs meet to review steps on 'Ease of Doing Business'

Prime Minister Narendra Modi on Thursday chaired a meeting to review progress on "Ease of Doing Business" that discussed issues such as construction permits, enforcement of contracts and registering property.

Modi said that improving last-mile delivery and streamlining procedures would not only improve Ease of Doing Business rankings but also increase the "Ease of Living" for small businesses and the common man.

He said there was tremendous global interest about the rise in India's "Ease of Doing Business" rankings.

Modi was briefed on progress being made on various aspects related to Ease of Doing Business.

"Subjects such as construction permits, enforcement of contracts, registering property, starting a business, getting electricity, getting credit and resolving insolvency came up for discussion," the release said.

India has moved from 142 to 77 in World Bank "Ease of Doing Business" rankings in the last four years.

Officials explained that the steps are being taken to plug shortcomings and resolve bottlenecks in implementing business reforms.

The meeting was attended by senior union ministers related to economic matters, Maharashtra Chief Minister Devendra Fadnavis, Delhi Lieutenant Governor Anil Baijal and senior officials from the Central, Maharashtra and Delhi governments.

--IANS

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