Government Taking Steps To Improve Ease Of Doing Business: Amitabh Kant

NEW DELHI: The government is undertaking several initiatives to improve ease of doing business in the country to attract investments and create jobs, a top government official said.

Highlighting, about the E-biz platform, Secretary in the Department of Industrial Policy and Promotion Amitabh Kant said that the project would make doing business with the government more easier and transparent.

"The government was undertaking several initiatives to improving the ease of doing business in the country," a CII statement quoting Kant said.

Kant was speaking at a Seminar titled India-U.S. Business to Business Relations. It was organised by industry body CII here.

The government has taken a series of steps to improve ease of doing business that include having a timeline for clearance of applications and de-licensing the manufacturing of many defence products.

According to a World Bank report, India has slipped three positions to 134th spot in the latest 'ease of doing business' list, which is topped by Singapore.

CII also said that the panelists representing the defence sector shared positive experiences with the Indian market, however each identified the 49 per cent FDI limit and various aspects of the Defense Procurement Procedure as constraints to additional FDI.

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