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Deadline set for Business Reform Action Plan 2017

Fiinews by Fiinews
April 14, 2017
in Economy, Manufacturing, Projects, Technology
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States/UTs to implement reforms by 31 Oct 2017.

 

The Department of Industrial Policy and Promotion (DIPP), in partnership with the World Bank Group, has released the Business Reform Action Plan (BRAP) 2017 for implementation by States/Union Territories (UTs) with deadline set for 31 October 2017.


The BRAP includes 405 recommendations for reforms on regulatory processes, policies, practices and procedures spread across 12 reform areas.

These are labour regulation enablers; contract enforcement; registering property; inspection reform enablers; single window system; land availability and allotment; construction permit enablers; environmental registration enablers; obtaining utility permits; paying taxes; access to information and transparency enablers and sector specific reforms spanning the lifecycle of a typical business.

Two new sectors, Healthcare and Hospitality, have been added.

This year there are 103 new set of reforms (out of 405) focusing on central inspection system, online land allotment system, online single window system for granting construction permits, registration under Inter State Migrant Workmen (RE&CS) Act, 1979, approval for boiler manufacturer and boiler erector etc.

[The last date to implement the reform is 31 October 2017.

http://www.fii-news.com/further-reforms-necessary/

http://www.fii-news.com/speed-up-reforms/

http://www.fii-news.com/talking-points-blueprint-for-reforms-in-india/

http://www.fii-news.com/bell-helicopter-welcomes-pro-market-reforms/]

DIPP will carry out a comprehensive business-to-government (B2G) feedback exercise this year whereby feedback will be taken from businesses on the quality of implementation of the reforms claimed by the States and UTs. For each State/UT, the scores will be aggregated over all the surveys conducted to yield an overall score for the State/UT.

The feedback scores will be used to generate a ranking of States/UTs in terms of reform implementation. Such a ranking will be different from the last year’s ranking, which was a ranking of de jure reforms (or reforms based on evidence submitted by States).

The online portal shall soon be enabled to allow States/UTs to upload the reforms implemented along with the evidence, according to announcement made on 13 April 2017. fii-news.com

Tags: The Department of Industrial Policy and PromotionWorld Bank
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Fiinews.com features through news articles on business opportunities in the Indian market for the benefits of foreigners. It is also a platform for international businesses to showcase through elaborate articles on their products & services to the Indian consumers and corporations exploiting industrialisation of the country.

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