New Delhi: An expert committee set up by the Department of Industrial Policy and Promotion (DIPP) has recommended credible third party certification in most areas of government regulation to further facilitate ease of doing business in the country. :normal'>New Delhi: An expert committee set up by the Department of Industrial Policy and Promotion (DIPP) has recommended credible third party certification in most areas of government regulation to further facilitate ease of doing business in the country.
Headed by former DIPP secretary Ajay Shankar, the committee whose report was released on Friday night said once government allows third party certification, multiple players could emerge within a year’s time. As a deterrent, however, the committee suggested that some percentage of such certification should be subjected to random audit with stiff penalties leading up to even withdrawal of accreditation for laxity.