Question No. 127 Dated 04.03.2016 of Lok Sabha

(a)whether the Government is considering to amend the Companies Act so as to make doing business easier and if so, the details thereof;
(b)whether the Government has also announced Central Registration Centre (CRS) and Government Process Re-engineering (GPR) for ensuring faster clearances to incorporate companies and if so, the details thereof;
(c)whether the Government has appointed a panel to suggest the amendments for improving the ease of doing business, if so, the details thereof and the major suggestions made by the aforesaid panel along with the action taken by the Government thereon;
(d)whether the Government has decided to launch a public consultation process on the suggested changes and if so, the details thereof; and
(e)the other steps taken by the Government to improve the ease of doing business in the country?

Answered by THE MINISTER OF CORPORATE AFFAIRS (SHRI ARUN JAITLEY)