SME Times is powered by   
Search News
Just in:   • Crude oil prices surge over 3 pc over Iran tensions, Trump deadline  • Sensex, Nifty slide 1 pc as Hormuz deadline by US rattles markets  • Sensex, Nifty extend rally for 3rd day on hopes of US-Iran de-escalation  • Global energy flows disrupted by West Asia crisis: SEBI Chairman  • CAIT urges govt to implement credit relief, input cost stabilisation measures amid Iran war 
Last updated: 22 Dec, 2021  

Goyal.9.Thmb.jpg Centre cuts over 25,000 compliances for 'Ease of Living', 'Ease of Doing Business'

goyal.9.jpg
   Top Stories
» Sensex, Nifty slide 1 pc as Hormuz deadline by US rattles markets
» Sensex, Nifty extend rally for 3rd day on hopes of US-Iran de-escalation
» CAIT urges govt to implement credit relief, input cost stabilisation measures amid Iran war
» RBI MPC meet begins, status quo on policy rate likely amid West Asia tensions
» Govt launches programme to train scientists in Governance under Mission Karmayogi
SME Times News Bureau | 22 Dec, 2021
To promote 'Ease of Living' as well as 'Ease of Doing Business', the Centre has reduced more than 25,000 compliances. The figure was furnished by the Ministry of Commerce and Industry after the valedictory session of the "National Workshop on the next phase of reforms to reduce Compliance Burden" which was held here.

Addressing the session, the Minister of Commerce and Industry, Consumer Affairs, Food and Public Distribution and Textiles Piyush Goyal said India's compliance systems for citizens must be based on the basis of trust, while calling for a focus on initiatives which can reduce the compliance burden to provide timely delivery of services.

Goyal said that infinite possibilities in technology should aid the Centre's initiatives and not just further complicate the system. He also stressed the need for indigenous solutions to problems facing the country. "The Minister asked policy makers to consider the wide disparity in income, literacy level and the gaps in infrastructure, especially connectivity, while planning the delivery of services, especially if technology is involved," the ministry said in a statement.

Goyal spoke of the need to combine various services like the 'Digi locker' and the 'National Single Window System', so that repetitive processes are rationalised, gaps are bridged and redundancies are eliminated when it comes to applying for approvals and permissions.

Additionally, he called for the creation of a single identification number for businesses and individuals by merging the several identification numbers that exist presently, such as 'Aadhaar', 'PAN', 'TAN' so that delivery of services becomes smoother and faster.

"He also called for promotion of self- attestation, self- certification and self- regulation. He added that it is high time that compliance systems were built on trusting the integrity of the citizens," the statement added.
 
Print the Page
Add to Favorite
 
Share this on :
 

Please comment on this story:
 
Subject :
Message:
(Maximum 1500 characters)  Characters left 1500
Your name:
 

 
  Customs Exchange Rates
Currency Import Export
US Dollar
₹94.25
₹92.55
UK Pound
₹125.95
₹121.95
Euro
₹108.95
₹105.3
Japanese Yen ₹59.4 ₹57.6
As on 02 Apr, 2026
  Daily Poll
What is the biggest war impact on MSMEs?
 Export Disruption
 Raw Material Spike
 Freight Cost Surge
 Payment Delays
 Currency Volatility
 All
  Commented Stories
 
 
About Us  |   Advertise with Us  
  Useful Links  |   Terms and Conditions  |   Disclaimer  |   Contact Us  
Follow Us : Facebook Twitter