Piyush Goyal Launches Ease of Doing Business Portal

Union Commerce and Industry Minister Shri Piyush Goyal inaugurated the (Confederation of Indian Industry) CII Ease of Doing Business (EoDB) and Regulatory Affairs Portal at the 2nd DPIIT–CII National Conference on Ease of Doing Business in New Delhi. The portal aims to provide real-time updates on government and CII initiatives to enhance business efficiency, ensure transparency, and foster accountability. It features a dedicated member dashboard for tracking suggestions and progress, reflecting a commitment to transforming India’s business ecosystem.

Portal Launch Objectives

• Offers insights into India’s business environment.
• Tracks and resolves industry suggestions efficiently.
• Enhances transparency and accountability in business operations.

Government’s Cooperative Federalism Approach

• Shri Goyal emphasized cooperative federalism to simplify lives for citizens and businesses.
• Urged openness to innovative ideas and a shift in mindset for greater impact.

National Single Window System (NSWS)

• A platform to help investors identify and apply for approvals.
• Industry engagement is crucial for its success.
• Inputs on industrial land banks are required to enhance its functionality.

Jan Vishwas 2.0 Bill

• Aims to decriminalize 300 additional laws to ease compliance.
• Encourages industries to respect the law and avoid exploiting legal loopholes.

Technological Modernization

• Upgrading state and central portals for agility, speed, and smarter operations.
• Tackling misinformation to maintain credibility in business operations.

“Power of Three” Framework

• Encouraged stakeholders to triple their speed, effort, and output to boost India’s economy.
• Emphasized synergy among government, industry bodies, and stakeholders for impactful results.

Role of CII

• Proposed a time-bound action plan to prioritize Indian businesses.
• Serve as a bridge between stakeholders and the government for easing regulations.