CII Moots 10-Point Agenda For Ease Of Doing Business Reforms

New Delhi: Ahead of the Union Budget 2025-26, the Confederation of Indian Industry (CII) on Sunday shared 10-point agenda to further improve ease of doing business (EoDB) in the country where urgent policy interventions would be immensely helpful. Emphasising the key areas of business reforms in the country, Chandrajit Banerjee, Director General, CII, said that simplifying regulatory frameworks, reducing compliance burdens and enhancing transparency should continue to remain our focus agenda for next several years.

“Compliances for industry related to various areas such as land, labour, dispute resolution, paying taxes and environment offer a vast scope for reduction, vital for boosting competitiveness, driving economic growth and employment generation,” he said in a statement.

First, all regulatory approvals -- central, state and local levels -- must mandatorily be provided only through the National Single Window System (NSWS), which will help in bringing about transparency and speed in the processes.

According to the apex industry chamber, a dedicated central budget could be allocated for the purpose, especially from the point of view of incentivising states to shift completely to the portal.

“Two, with a view to ensure timely processing of industry applications and delivery of services from the central ministries, an Act, imposing statutory obligation on all public authorities for time-bound delivery of services and redressal of grievances, could be passed, with provision of deemed approval beyond the prescribed timeline,” the CII noted. Next, expedite the process of dispute resolution through both improving the capacity of courts and placing greater reliance on Alternative Dispute Resolution (ADR) mechanism.