In an effort to improve the ‘Ease of Doing Business’ ranking of India to top 50 countries in the World Bank report, the government on Tuesday announced the formation of Nodal Departments for a ‘reform process.’ “…DIPP (Department of Industrial Policy and Promotion) informed that Nodal Departments have been identified for each indicator who will lead the reform process ensuring country’s improvement in ranking across the 10 indicators,” the government said.
In the meeting that was held on December 19 and headed by the Finance Minister, Arun Jaitley, the government said that the departments gave a brief overview of the reforms undertaken recently and agreed to implement the suggested reforms by January, 2017. “It was further agreed that the Departments will hold intensive stakeholder consultation to get their feedback on the reforms undertaken and also engage with the respondents to ensure that the reforms are felt at the ground level,” the government added.