Dismantling of Permit Raj ?
Article link:
Union govt simplifies permits for industries
Extract from the article:
The Indian government has made a significant decision to simplify permits for industries by addressing the long-standing demand to remove dual compliance of environmental clearances.
By eliminating the need for dual compliance, the process not only reduces the burden of compliance but also eliminates the duplication of approvals, streamlining the regulatory process for industries.
My Take:
Why 60 Days Can Be in 10
"The move by the Indian government to simplify permits for industries by removing dual compliance reflects a step towards improving the ease of doing business in the country.
Back in 2017, I highlighted the importance of transparent systems and streamlined processes to enhance efficiency.
With the reduction in the number of procedures from 42 to 8, as seen in the recent changes, it is evident that such reforms lead to a more conducive environment for industrial growth."
Re-Two Years to Plan - How Many to Build?
"The emphasis on transparency and efficiency in obtaining environmental clearances for industries resonates with the changes advocated in my earlier blog.
By minimizing bureaucratic hurdles and reducing the time taken for approvals, the government's initiative aligns with the need for a hassle-free process. This streamlined approach is crucial for attracting investments and fostering a favorable business climate."
Call to Action:
To the Indian Ministry of Environment, Forest and Climate Change: Building on the recent simplification of permits, continue to explore avenues to enhance transparency and efficiency in regulatory processes further.
Engage with stakeholders to gather feedback and make continuous improvements that foster sustainable industrial growth and development in the country.
With regards,
www.HemenParekh.ai / 18 Nov 2024
No comments:
Post a Comment