Big Boost For Startups, Ease Of Doing Business 2.0 To Be Launched

SUMMARY

Ease of doing business 2.0 and ease of living will be launched in our endeavor to improve productivity and efficiency of human resources, Sitharaman said

The new phase will be guided by an active involvement of the states, digitisation of the manual processes and interventions

The economic survey released prior to the budget highlighted India’s ease of doing business ranking as 63, up 14 positions from the previous ranking

Finance Minister Nirmala Sitharaman in her speech for Budget 2022-23 today announced the government’s trust in the public and ease of doing business. This Budget hopes to lay the foundation for Amrit Kal from India at 75 to India at 100. In line with this vision, the government looks at the next phase of ease of doing business. “For the Amrit Kaal, the next phase of ease of doing business, ease of doing business 2.0 and ease of living will be launched in our endeavour to improve productivity and efficiency of human resources, we will follow the idea of trust-based governance,” said the minister.The economic survey released prior to the budget highlighted India’s ease of doing business ranking as 63, up 14 positions from the previous ranking.

As announced, ‘One Nation, One Registration’ will be established for anywhere registration to facilitate ease of living & doing business.