Govt taking steps to improve ease of doing business: Kant

Image
Press Trust of India New Delhi
Last Updated : Aug 26 2014 | 8:55 PM IST
The government is undertaking several initiatives to improve ease of doing business in the country to attract investments and create jobs, a top government official today said.
Highlighting, about the E-biz platform, Secretary in the Department of Industrial Policy and Promotion (DIPP) Amitabh Kant said that the project would make doing business with the government more easier and transparent.
"The government was undertaking several initiatives to improving the ease of doing business in the country," a CII statement quoting Kant said.
Kant was speaking at a Seminar titled India-US Business to Business Relations. It was organised by industry body CII here.
The government has taken a series of steps to improve ease of doing business that include having a timeline for clearance of applications and de-licensing the manufacturing of many defence products.
According to a World Bank report, India has slipped three positions to 134th spot in the latest 'ease of doing business' list, which is topped by Singapore.
CII also said that the panelists representing the defence sector shared positive experiences with the Indian market, however each identified the 49 per cent FDI limit and various aspects of the Defense Procurement Procedure as constraints to additional FDI.
*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Aug 26 2014 | 8:55 PM IST

Next Story