Page 42 - NIS English 1-15 June, 2026
P. 42

Cover Story
                                                         Ease of Doing Business
                                       Years
                                 of Vikas Yatra



                     Reforms Pave an Easier Path for Industries

                 In its ongoing efforts to make India a more attractive destination for business and investment, the Government of  India is
                  continuously working on a series of  comprehensive reforms through the formulation of  a Business Reform Action Plan.
                These reforms have led to a significant reduction in both the time and cost required to establish a business within the country.
                   The current Central Government aims to leverage this favorable environment to foster increased new investments, new
                                          businesses, and new employment opportunities across India.

                 The Government of India is implementing several major reforms under the Business Reform Action Plan
                                           (BRAP) to facilitate greater ease of doing business.

               n  Under the 7th edition of the BRAP, over 9,700 reforms   n  Obtaining Occupancy and Completion Certificates has
                 have been implemented.                            become a simpler, online-based process.
               n  Regulations pertaining to labor, environment, land, and   n  Minor violations under various laws have been decriminalized
                 taxation have been simplified.                    (removed from the category of criminal offenses).
               n  Processes for environmental clearances and registrations   n  32 Central Ministries/Departments and 33 States/Union
                 have been streamlined and digitized.              Territories have been integrated into the National Single
               n  The procedure for changing land use has been simplified.  Window System (NSWS) to facilitate seamless and digitized
               n  Information regarding land availability for industrial   government-to-business (G2B) approvals.
                 purposes has been integrated with GIS platforms and    n      Access to over 3,000 essential government-
                 the India Industrial Land Bank.                               to-business (G2B) approvals across various
               n  Changes to building construction regulations                       States and Union Territories has been
                 have helped minimize land wastage.                                    made easier through the NSWS;
                                                                                        additionally, over 300 approvals
               n  Third-party agencies, specifically private                            from Central departments are also
                 entitie are now being engaged to assist                                accessible via this platform.
                 with the building approval process.


               Regulatory Compliance Burden
               (RCB) Initiative                                         16,109
               The Government of  India launched the Regulatory         Compliances
               Compliance Burden (RCB) initiative in 2020. Under this   Simplified.          Over 1,500
               initiative, the Central Government and Union Territories
               identified and reduced 47,000 compliances that had become a                   obsolete laws were
               burden on businesses and citizens by 2025.                                    repealed.

               Under the RCB+       4,623
               initiative, out of   Compliances were
               6,262 compliances    decriminalized.
               identified across
               23 Acts typically                              Regulatory Com-
               implemented by                                  pliance Burden
               States and Union
               Territories, 4,846   4,270
               compliances have     Unnecessary and                                       22,287
               been reduced.        duplicative compliances                               Compliances were
                                    were eliminated.                                      digitized.



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