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Niti Aayog panel to submit its report on easing business regulatory framework next month

13 Jun 2016 Evaluate

Suggesting measures for enhancing ease of doing business, the expert panel headed by Niti Aayog Vice Chairman Arvind Pangariya is likely to come out with its state specific report by next month as the survey report just required a final touch. In June last year, the government had set up the panel, headed by Niti Aayog Vice Chairman Arvind Pangariya, to finalise scope and methodology of 'Enterprise Survey on Business Regulatory Environment' in the country.

Later, in October 2015, Niti Aayog hired a consultant for conducting the enterprise survey on business regulatory environment in India. The enterprise survey was to assess the existing business regulatory environment in the states based on the responses from the companies including manufacturing units and startups. The survey focuses on identifying problems and sharing best practices rather than ranking states in terms of ease of doing business.

In order to improve India’s ranking in the ease of doing business, a Parliamentary panel last year has suggested several steps such as urgent requirement to reduce procedures and time period for registration of a company. The committee had observed that the issue of construction permits is a grey area in the ease of doing business scenario and there is an urgent need for introduction of fast-track building plan approval systems.