According to Saturday announcements, the center will establish a high -level committee for regulatory reform and publish the state of the state’s investment friendship.
Finance Minister Nirmala Sitharaman stated that the center would consider the second part of the JAN VISHWAS bill in order to make more than 100 regulations over 100 laws.
The first part of the JAN VishWas Act in 2023 has been non -crime of more than 180 legal provisions to reduce industry compliance burden.
“The high -level committee for regulatory reforms will be established for all non -financial sector regulations, certifications, licenses, and licensing reviews,” said Sitharaman.
The committee is expected to make recommendations within one year.
“The goal is to strengthen the ease of business, especially in the issues of inspection and compliance, to strengthen the trust -based economic governance and take transformational measures. The state encourages the state to participate in this effort. She will be done. “
The Minister of Finance has also added that the “State Investment Goodwill Index” will be launched in 2025 to evaluate the fierce folklore of competition.
