Advertisement

  • News
  • Columns
  • Interviews
  • BW Communities
  • Events
  • BW TV
  • Subscribe to Print
BW Businessworld

Centre Reduces Over 25K Compliances To Promote Ease Of Living And Doing Business: Goyal

Technology must aid and abet initiatives to promote the Ease of Living and Ease of doing business and should not further complicate the system of compliances. There is a need to develop indigenous solutions to problems that India faced, Goyal said.

Photo Credit :

1628654129_JBISvA_piyush.jpg

Union Minister Piyush Goyal on Wednesday urged political leadership, bureaucracy and industry leadership to focus their initiatives to reduce compliance burden, on principles of simplicity and timely delivery of services.

While addressing the valedictory session of the ‘National Workshop on the next phase of reforms to reduce Compliance Burden’, Goyal said that over 25,000 compliances have been reduced by the centre to reduce compliance burden and to promote Ease of Living and Ease of Doing Business.

Technology must aid and abet initiatives to promote the Ease of Living and Ease of doing business and should not further complicate the system of compliances. There is a need to develop indigenous solutions to problems that India faced, Goyal said. 

The Minister asked policymakers 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.

Speaking of the need to make monitoring mechanisms more robust, Goyal said, "Monitoring of policies and programs must not become more cumbersome than the underlying problem that the initiatives were seeking to solve."

Goyal opined that feedback from all stakeholders, especially users, had to be taken into account while designing compliance requirements and that ground realities must always be taken into consideration. 

Calling for big-ticket reforms, the Minister said that the new structures must not shackle people. Understanding the need to address information asymmetry among stakeholders, Goyal called for consolidation of the gains made so far in reducing the compliance burden.


Tags assigned to this article:
centre govt ease of living doing business piyush goyal