Gearing towards the minimization of regulatory compliance burden of citizens and businesses, the Department for Promotion of Industry and Internal Trade (DPIIT) has launched a Regulatory Compliance Portal on January 1, 2021 that will act as a bridge between citizens, industries and the Government.
- It is a first of its kind online repository of all central and state-level compliances.
- Objective – To minimize Regulatory Compliance Burden for Businesses and Citizens.
- It should be noted that DPIIT is the nodal department for reducing compliance burden among citizens and businesses. Almost 7,000 odd compliance burdens have been identified by the Centre and states.
How will this portal work?
All departments and ministries of Central Government, States, and Union Territories (UTs) will examine their relevant rules and regulations and then implement a simplified Action Plan for all processes. All this exertion will be tracked on the Regulatory Compliance Portal and will be assessed by concerned Government authorities and suitable action would be undertaken to minimize the regulatory compliance burden.
- Notably, Cabinet Secretary of India, Rajiv Gauba, will have real-time comprehensive view of all compliances and status of all requests raised.
Key Points:
–This Portal will aid in achieving the vision of Atmanirbhar Bharat and also enhance ease of doing business for industry and ease of living for citizens.
–DPIIT has conducted 21 training sessions from January 4, 2021 to January 14, 2021 for all ministries and states about the working Regulatory Compliance Portal.
–Three areas – reduction of compliance burden in central and state acts; further simplification in the citizen-government interface; and removal of antiquated and obsolete Acts and regulations which do not add value would be addressed by March 31 and August 2021.
–India’s commitment to reforms is evident from the width and scale of reforms undertaken & is reflected in the meteoric rise of India’s rank in World Bank’s Ease of Doing Business Report from 142nd in 2014 to 63rd in 2019.
Recent Related News:
i.DPIIT & National Jal Jeevan Mission (NJJM), Department of Drinking Water & Sanitation (Ministry of Jal Shakti) have launched a “Water Quality Testing Innovation Challenge” for developing ‘Portable devices for testing drinking water quality’.
ii.On 2nd December, 2020 DPIIT and the United States Patent and Trademark Office (USPTO) signed a Memorandum of Understanding (MoU) to increase cooperation between India and the US on Intellectual Property (IP).
About Department of Promotion of Industry & Internal Trade (DPIIT):
Parent Ministry– Ministry of Commerce and Industry
Secretary– Guruprasad Mohapatra
