Centre, states to take corrective action to reduce compliance burden by March 31 : 21-01-2021

NEW DELHI: The centre and states will take corrective action by March 31 to reduce the compliance burden on businesses and citizens, Guruprasad Mohapatra, secretary, Department for Promotion of Industry and Internal Trade (DPIIT) said on Wednesday.

He said 7,000 compliances have been identified by central ministries and states to reduce compliance burden.

“In the 75th year of India’s Independence, we want to reduce the compliance burden, simplify further the citizen-government interface whether online or offline, and remove antiquated and obsolete acts which don’t add value,” Mohapatra said at the DPIIT-CII event on Make In India.

Mohapatra said Prime Minister Narendra Modi had called a meeting of ministries which contribute the most to this burden including finance, commerce and health.

Referring to the Covid-19 pandemic, the secretary said the world saw massive disruptions in supply chains and realised they have ceded manufacturing to a certain country.

“Our focus is how to boost manufacturing and boosting competitiveness of Indian manufacturing and that’s where we realise we are not as competitive as the country bordering us. We realised how uncompetitive some of the advanced economies are in manufacturing,” Mohapatra said.

He said to boost manufacturing and make Indian industry competitive, there are issues of quality and manufacturing of scale but the compliance burden is a major cost.

CII has shared 200-300 compliance areas originating from central or state government provisions, he said.

Source : PTI