Budget 2018-19 - 372 specific business reform actions being implemented through States

Posted by Daily Shipping Times on 02-02-2018        Tweet

NEW DELHI: The Government has been continuously working towards improving the Ease of Doing Business across the Country. The Union Minister for Finance and Corporate Affairs, Shri Arun Jaitely, while presenting the General Budget 2018-19 in Parliament said that the Prime Minister, Shri Narendra Modi has always stressed the importance of good governance with the vision of “Minimum Government and Maximum Governance”. This vision has inspired Government agencies to carry out hundreds of reforms in policies, rules and procedures. This transformation is reflected in improvement of India’s ranking by 42 places in last three years in the World Bank’s, Ease of Doing Business with India breaking into top 100 for the first time.

The Finance Minister stated that to carry the business reforms for Ease of Doing Business deeper and in every State of India, the Government of India has identified 372 specific business reform actions. All States have taken up these reforms and simplifications in a mission mode constructively competing with each other. Evaluation of performance under this Programme will now be based on user feedback. The Finance Minister announced that the Department of Commerce will be developing a National Logistics Portal as a single window online market place to link all stakeholders.