Union Minister for Commerce and Industry, Piyush Goyal, today launched the Confederation of Indian Industry (CII) Ease of Doing Business (EoDB) and Regulatory Affairs Portal in a bid to enhance transparency and facilitate feedback on India’s business environment. The portal, unveiled during the 2nd DPIIT-CII National Conference on Ease of Doing Business, aims to provide real-time updates on key initiatives led by the government and CII, empowering users to track progress and resolve concerns effectively.

Goyal emphasized that the government’s approach to Ease of Doing Business is rooted in cooperative federalism and aims to make business processes smoother for both entrepreneurs and citizens. He urged industry leaders and state governments to embrace new ways of working, noting that openness to innovative ideas can significantly boost business growth.

The Minister also highlighted the critical role of industry involvement in the National Single Window System (NSWS), which guides investors through the process of obtaining approvals. He stressed that for the initiative to be successful, continuous industry engagement and feedback are vital.

Addressing the Jan Vishwas 2.0 Bill, Goyal mentioned that the government is focused on decriminalizing 300 more laws, urging industry members to respect the spirit of the law and avoid exploiting legal loopholes, which he said can be harmful to both business and the economy.

On the topic of digital modernization, Goyal pointed out that technological upgrades in both State and Central government portals are necessary to enhance their efficiency, speed, and reliability. He also warned against the spread of misinformation and called on the industry to identify areas for improvement that could lead to nationwide positive changes.

The Minister encouraged all stakeholders to work at an accelerated pace and with increased effort to help India become the world’s third-largest economy within the next three years. He stressed the importance of collaboration between the government, industry bodies, and stakeholders to drive transformative changes in the business and regulatory landscape.

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Moreover, Goyal proposed that CII develop a clear, time-bound action plan to encourage Indian businesses to prioritize local sourcing and contribute to India’s economic growth. He expressed confidence that CII could act as a key bridge between the industry and the government in facilitating regulatory reforms and business expansion.

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