Hotline: 1800 102 2007
Hotline: 1800 102 2007
Search Business Opportunities
2012-04-19

Government to launch portal to help setting up new businesses

The government is in the process of launching a portal that will provide entrepreneurs the opportunity to apply for all clearances to start a business at the click of a mouse.

The government is in the process of launching a portal that will provide entrepreneurs the opportunity to apply for all clearances to start a business at the click of a mouse.

Minister of State for Commerce and Industry Jyotiraditya Scindia, said here to the reporters at a CII function, “In all, around 57 approvals from authorities ranging from municipalities, state government agencies and the Centre are required to commence a business. So, we are setting up a single vertical (E-Biz portal) where any entrepreneur can login for all the approvals he requires and within a time oriented process.”

"The e-biz portal would also deal with export and import related registrations," he added.

"We are putting in place many KPIs (key performance indicators) and if government official do not abide by those KPIs, the approval would be deemed as given," Scindia said.

India has climbed up seven notches in the International Finance Corporation (IFC)-World Bank's "Doing Business Index" indicating market improvement in the business environment, though its ranking remained well below those of the neighbours like Sri Lanka, Nepal, Bangladesh and Pakistan.

India has been placed at 132nd position, up from 139th in previous year, in the Index prepared by the IFC-World Bank in 2011. The report takes into account regulatory changes in 183 countries for starting and doing business by local firms.

“National Manufacturing Policy (NMP) would also help businesses to get fast and timely approvals,” the minister stated in his responses to the press.

Related opportunities
  • Fashion Accessories
    About Us: Franchise Partners Invited for KOREA’S DESIGNER LIFESTYLE BRAND  Beccos, a..
    Locations looking for expansion Delhi
    Establishment year 2018
    Franchising Launch Date 2019
    Investment size Rs. 50lac - 1 Cr.
    Space required 800
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater New delhi Delhi
  • Car Wash / Ceramic Coating / Detailing
    About Us: AUTOTRIZ is a global leading producer of high quality..
    Locations looking for expansion Maharashtra
    Establishment year 2016
    Franchising Launch Date 2017
    Investment size Rs. 20lac - 30lac
    Space required 2000
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater Pune Maharashtra
  • Education Supplies
    About Us: Qikme is a 4 in 1 Software as a..
    Locations looking for expansion Maharashtra
    Establishment year 2017
    Franchising Launch Date 2017
    Investment size Rs. 5lac - 10lac
    Space required -NA-
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater Haveli Maharashtra
  • Competitive Exam Coaching Institute
    About Us: We at THE GATE COACH provide best coaching for GATE  IES..
    Locations looking for expansion Delhi
    Establishment year 1997
    Franchising Launch Date 2011
    Investment size Rs. 5lac - 10lac
    Space required -NA-
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater NEW DELHI Delhi
Insta-Subscribe to
The Franchising World
Magazine
For hassle free instant subscription, just give your number and email id and our customer care agent will get in touch with you
OR Click here to Subscribe Online
Daily Updates
Submit your email address to receive the latest updates on news & host of opportunities

Free Advice - Ask Our Experts