India making big strides in ease of doing business: DPIIT Secretary

All labour laws have been consolidated into four codes, which have been passed by Parliament and the government is in the process of their final implementation, DPIIT Secretary Anurag Jain said.

AFP
It is now possible to start a business in one day in India, matching the world's best scorer New Zealand on this front, DPIIT Secretary Anurag Jain said on Tuesday. The Department for Promotion of Industry and Internal Trade (DPIIT) Secretary said several other steps are underway on further improving ease of doing business in India, including on the labour laws front.

All labour laws have been consolidated into four codes, which have been passed by Parliament and the government is in the process of their final implementation, he said.

The central government is in the process of getting consent of all states and union territories on this, but in the meantime most states have started seeing the benefits and are already putting in place the rules, he added.


Jain was speaking at a breakfast session organised by industry chamber CII and consultancy giant EY on the sidelines of the World Economic Forum Annual Meeting 2023 here.
Download
The Economic Times Business News App
for the Latest News in Business, Sensex, Stock Market Updates & More.
Download
The Economic Times News App
for Quarterly Results, Latest News in ITR, Business, Share Market, Live Sensex News & More.
READ MORE
ADVERTISEMENT

READ MORE:

LOGIN & CLAIM

50 TIMESPOINTS

More from our Partners

Loading next story
Business News › News › Economy › Policy › India making big strides in ease of doing business: DPIIT Secretary
Text Size:AAA
Success
This article has been saved

*

+