The government on Thursday sought views of the public on ways to cut down on multiple permissions for investors, a move aimed at promoting ease of doing business in the country.
The Department of Industrial Policy and Promotion has already constituted an 11-member expert committee on the matter. It would examine the possibility of replacing multiple prior permissions in starting a business with a pre-existing regulatory mechanism and preparing a draft legislation for this purpose.
"Suggestions on the subject have been invited from the public," the commerce and industry ministry stated.
The terms of reference of the committee include studying the requirement of various prior permissions with an exhaustive inventory and examining the possibility of replacing these prior permissions with a pre-existing regulatory mechanism.
