Certain sections of MSMEs are urging the Indian government to establish a single-window compliance and registration system, simplifying the process and alleviating the challenge of registering for shop and trade licenses in each state with varying rules. The request aims to streamline compliance and eliminate delays, enabling businesses with a presence in multiple states to operate more efficiently.
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Karnataka s MSMEs have petitioned the government for a policy similar to the Central policy, requesting concessions, reservation, exemption, and priority payments. HR Jairam from BCIC supports this, while Srinadh Bhandari from KASSIA highlights delayed payments from banks in the cash-strapped sector.
The LG had earlier requested the DDA to release the EMDs by adhering to a strict 15 day timeframe and to ensure that bidders don't have to combat red tape and bureaucratic hassles to get their refund.
Lt Governor VK Saxena had instructed the Delhi Development Authority (DDA) to credit Earnest Money Deposits (EMDs) in the bank accounts of applicants within 15 days to ensure that they do not face harassment and red tape, it stated.