The Department for Promotion of Industry and Internal Trade (DPIIT) has proposed to appoint survey agencies to ascertain of cost of regulation in the country.
The department is undertaking an exercise to assess the cost of regulations in states with a view to further improving the ease of doing business.
"DPIIT proposed to undertake the measurement of administrative cost burden related to multiple compliance requirements prescribed by the government departments across the country," according to a request for proposal (RFP) of the department.
It said that the objective of this exercise is to conduct the survey of industry users, intermediaries and interviewing experts related to identified services across all states/Union Territories in India.
"The DPIIT is seeking to employ the services of qualified survey agencies to assist in this initiative," it added.
The objectives of the assignment included objectively measuring the administrative cost burden arising from shortlisted government services across the country - within the guidelines of the CoR-2.0 (cost of regulation) framework by DPIIT; and undertaking comprehensive survey activity across the country and capturing the required data points required as per the framework.
"Interested applicants are requested to submit their responses to the RFP on Government e-Marketplace (GeM) Portal by September 30," it said.
Through this, the official said, states will get insight into reforms which they can bring to improve the business climate for industry.
Citing examples, an official said seeking a number of papers and delays in giving approvals or clearances involves cost to the industry.
The department is taking a series of measures to reduce the compliance burden of the industry and improve the ease of doing business. It has removed or simplified thousands of obsolete provisions and has rolled out a national single-window system for faster approvals and clearances.
A Jan Vishwas law was rolled out last year under which minor offences were decriminalised through amendments in 183 provisions of 42 Acts.
The bill converts several fines to penalties, meaning that court prosecution is not necessary to administer punishments.
It also removes imprisonment as a punishment for many offences.
Continue with the process, the department is now working on the second edition of that law.
(Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →
Smart Quarterly
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
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
)