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Government Initiatives February 21-27, 2021

Government Initiatives February 21-27, 2021
kashmirlife.net - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from kashmirlife.net Daily Mail and Mail on Sunday newspapers.

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Simplifying business establishment process

Simplifying business establishment process
Unwanted regulatory regime, excessive paper work, collecting scores of “No objection certificates” from numerous departments, red-tape, delays and irritating administrative outdated procedures and the like have proved to be the bane behind investors feeling shy to invest and establish business entities in Jammu and Kashmir. Such an approach, as such, has resulted in retarding the progress, shrinking of employment opportunities and impacting the GDP. In this era of more of opening up and freeing the processes and structures from unwanted terms and conditions, completing of only nominal but critical formalities, adopting of single window system and quick disposal of papers regarding sanctions, approvals, granting of lease of land, tax reforms, simplifying of and cutting down on submission of papers related to business periodically, online approaches etc , no corner in the country can afford to swim against the current hence has to ....

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Administrative Council makes it easy to do business in J&K, Know how

Centre approved ₹1,352.99cr business revival package for J&K
From now on, doing business or setting up of business units will become much easier in Jammu and Kashmir.
The Administrative Council, under the chairmanship of Lieutenant Governor Manoj Sinha, has approved a series of measures for simplifying business establishment process to revive the business sector and boost investor confidence with a business-friendly environment in the union territory.
No approvals required
Unlike before when industries used to require as many as 15 NoCs (no-objection certificates) or clearances for setting up a business unit, all those clauses have been reduced to bare minimum now. ....

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J&K simplifies business units establishment, No registration required

Northlines
NOCs Labyrinth to crumble
Jammu Tawi, February 14 : In a bold move to revive the business sector and boost investor confidence with a business-friendly environment, the Administrative Council (AC), which met under the Chairmanship of Lieutenant Governor, Manoj Sinha on Saturday approved a series of measures for simplifying business establishment process.
As per the decision, the pre-requisite No Objection Certificates (NoCs) /Approvals have been relaxed for setting up of a business unit. The Udyog Aadhar Memorandum as per the condition of the Government of India shall be the only requirement for a business unit to be set-up.
Earlier, as many as fifteen NoCs/Clearances were required for a business unit to establish, which have now been reduced to a bare minimum. These bare minimum NoCs/Approvals shall be required subsequently, for which two sets of Single Window Committees have been established – One for business units coming up within Indus ....

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Govt opens doors for investors: No registration required for setting up business unit in J&K

JAMMU: In a bold move to revive the business sector and boost investor confidence with a business-friendly environment, the Administrative Council (AC), ....

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