In the heart of New Delhi, a pivotal event unfolded that could chart the course for India’s economic future. The ‘DPIIT-CII National Conference on Ease of Doing Business,’ graced by Piyush Goyal, Union Minister for Commerce and Industry, among other dignitaries, became a testament to India’s transformative journey towards economic excellence.
Union Minister for Commerce & Industry Piyush Goyal, in his stirring inaugural address, articulated a vision of a resilient India, embarking on a journey from being part of the ‘fragile five’ to securing a spot among the top five global economies over the last half-decade, at the DPIIT CII National Conference on Ease of Doing Business. It’s a narrative of triumph, attributed to the Government’s relentless economic reforms aimed at nurturing a business environment where ease and efficiency are the cornerstones.
The conference, a brainchild of the Department for Promotion of Industry and Internal Trade (DPIIT) in concert with the Confederation of Indian Industry (CII), became a platform for profound dialogues and insightful sessions on various facets of doing business with ease. These discussions spanned the gamut from reformative steps to future blueprints, single-window clearances to dispute resolution, and tax compliance to customs expediency.
Under the discerning chairmanship of DPIIT Secretary Rajesh Kumar Singh, the first session delved into the journey of EoDB reforms, reflecting on the state rankings and envisaging the path ahead. With influential industry figures voicing concerns and best practices shared by states, the session was a melting pot of perspectives, all converging on the need for a collaborative push towards an even more business-friendly India.
Ms. Manmeet Nanda, Joint Secretary, DPIIT, presided over a session dedicated to the National Single Window system, a revolutionary step towards a unified platform for business approvals and renewals. Here, the call was for feedback and industry engagement to refine and realize the vision of a seamless business gateway.
The conference continued to break new ground with sessions focusing on dispute resolution enhancements, including the decriminalization of business laws and the fortification of ADR ecosystems. The final discussions circled around easing tax and customs procedures, showcasing a proactive government’s resolve to minimize litigation and streamline processes.