DMPQ- “In recent years Government of India has taken several measures to improve the ease of doing business in India.” Elucidate.

The government of India has taken a series of following measures to improve ‘Ease of  Doing Business’ in the country. Existing rules have been simplified and information tech­ nology is introduced to make governance more efficient and effective:

  • The process of applying for Industrial License (IL) and Industrial Entrepreneur Memorandum (IEM) has been made online and this service is now available to  entrepreneurs on a 24×7 basis at the eBiz website.
  • Twenty services are integrated with the eBiz portal which will function as a single window portal for obtaining clearances from various governments and government
  • Notification has been issued by Directorate General of Foreign Trade (DGFT) to limit number of documents required for export and import to three.
  • The Companies (Amendment) Act 2015 has been passed to remove requirements of minimum paid-up capital and common seal for companies.
  • Defence products’ list for industrial licensing has been issued, wherein a large number of parts/components, castings/forgings, etc. have been excluded from the purview of  industrial licensing.
  • Similarly, dual-use items, having military as well as civilian applications (unless classified as defence item), will also not require ILs from the defence angle.
  • The Ministry of Home Affairs has stipulated that it will grant security clearance on IL applications within 12 weeks.
  • Registration with the Employees Provident Fund Organization (EPFO) and Employees State Insurance Corporation (ESIC) has been automated and ESIC registration  number is being provided on a real-time basis.
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