SME Times is powered by   
Search News
Just in:   • Rupee slides over weak global cues, FII outflows  • Sensex, Nifty open higher on hopes of India–US trade deal  • Nifty likely to touch 29,000 in 2026 driven by consumption recovery, RBI support  • India’s GCC sector to reach $105 billion by 2030 driven by policy initiatives  • Atal Innovation Mission, NITI Aayog and HUL partner to accelerate transition to circular economy 
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
» Rupee slides over weak global cues, FII outflows
» Sensex, Nifty open higher on hopes of India–US trade deal
» Nifty likely to touch 29,000 in 2026 driven by consumption recovery, RBI support
» US trade representative Rick Switzer meets FS Vikram Misri, discusses economic and trade ties
» India’s exports at all-time high despite global uncertainties
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
₹88.70
₹87
UK Pound
₹119.90
₹116
Euro
₹104.25
₹100.65
Japanese Yen ₹59.20 ₹57.30
As on 30 Oct, 2025
  Daily Poll
Who do you think will benefit more from the India - UK FTA in the long run?
 Indian businesses & consumers.
 UK businesses & consumers.
 Both will gain equally.
 The impact will be negligible for both.
  Commented Stories
 
 
About Us  |   Advertise with Us  
  Useful Links  |   Terms and Conditions  |   Disclaimer  |   Contact Us  
Follow Us : Facebook Twitter