Possible to start business in a day in India now: DPIIT Secretary


New Delhi, Jan 17 (IANS): Due to improved ease of doing business environment in India, it is now possible to start a business in a day in the country, a top government official said on Tuesday.

Secretary in Department for Promotion of Industry and Internal Trade (DPIIT) Anurag Jain said at the World Economic Forum Annual Meeting 2023 in Davos that several steps are being taken to further improve the ease of doing business in India, including on the labour laws front.

All labour laws have been consolidated into four codes, which have been passed by Parliament and the government is in the process of their final implementation, he said.

At a breakfast session organised by industry body CII and consultancy giant EY on the sidelines of the WEF meeting, Jain further said that while the Centre is seeking consent of all states in the labour codes, many states have started drafting rules pertaining to these codes.

 

  

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Comment on this article

  • flavian dsouza, chik

    Tue, Jan 17 2023

    Congratulations a step in the right direction . Also request the department and officials to make it easy for closure as well

    DisAgree Agree [1] Reply Report Abuse

  • El En Tea, Mangalore

    Tue, Jan 17 2023

    Pakoda vada panv business on the road side

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  • JD, Mangaluru

    Tue, Jan 17 2023

    What labour codes? Currently in IT/ITes industry, notice period is 3 months and hardly any policy by government. Please bring in a policy where mandatory notice period is not more than 2 weeks.

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  • Sense_shetty, Mangalore

    Tue, Jan 17 2023

    Starting business might be easy ..but to keep it running is a big challenge. on an ongoing basis, one has to continuously spend time on filing GST, taxes compliance and all that account related stuff .. The businessman hardly gets time to focus more on business generation and improvement .. .he is seen frequenting his CA and tax officials than his customers, quality of his products and other business activities.

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  • Vinod Kumar, Mangalore

    Tue, Jan 17 2023

    What Business???..Where is the money????……Is the environment conducive to run a business under this govt or shut most of the days due to protests-bundhs, communal riots, crimes and extortion from bhakths????.?…….Going forward if UCC passed and implemented then its end of all business ventures in india.

    DisAgree Agree [4] Reply Report Abuse


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