Economic Survey 2022-23: India Reduced 39,000+ Compliances For Ease Of Doing Business

Various administrations across the country, including union ministries, state governments and union territories have reduced more than 39,000 compliances to foster ease of doing business as of January 17, 2023, according to the Economic Survey 2022-23.

The Ministry of Finance quoted the above data in the Economic Survey in the Parliament, tabled earlier on Tuesday (January 31) by Union Finance Minister Nirmala Sitharaman.

The Survey mentioned that administrations across the country have been reducing various compliances for businesses under the Business Reform Action Plan (BRAP) 2020 (fifth edition).

Launched by the Department for Promotion of Industry and Internal Trade (DPIIT) in June 2022, BRAP oversaw 7,496 reforms implemented across States and UTs.

“Reducing the Compliance Burden (RCB) on businesses and citizens is a continuous exercise to leapfrog to the next level of governance excellence and improve Ease of Living,” the Survey noted.

Ministries, states and UTs have collectively decriminalised more than 3,500 provisions related to minor technical or procedural defaults as of January 17, 2023. Further, the government launched India’s National Single Window System (NSWS) in September 2021 to improve the ease of doing business.

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