{"id":239219,"date":"2025-02-14T22:05:04","date_gmt":"2025-02-14T22:05:04","guid":{"rendered":"https:\/\/news.talkwithrattan.com\/index.php\/2025\/02\/14\/centre-in-mission-mode-to-improve-overall-regulatory-environment-sets-up-task-force\/"},"modified":"2025-02-14T22:05:04","modified_gmt":"2025-02-14T22:05:04","slug":"centre-in-mission-mode-to-improve-overall-regulatory-environment-sets-up-task-force","status":"publish","type":"post","link":"https:\/\/news.talkwithrattan.com\/index.php\/2025\/02\/14\/centre-in-mission-mode-to-improve-overall-regulatory-environment-sets-up-task-force\/","title":{"rendered":"Centre in mission mode to improve overall regulatory environment, sets up task force"},"content":{"rendered":"<div style=\"text-align:center\"><img decoding=\"async\" src=\"https:\/\/i1.wp.com\/img.etimg.com\/photo\/msid-118257677,imgsize-22472.cms?ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"Centre in mission mode to improve overall regulatory environment, sets up task force\" title=\"Centre in mission mode to improve overall regulatory environment, sets up task force\" \/><\/div>\n<div data-brcount=\"19\">The Centre has set up a task force under the <a ref=\"dofollow\" data-ga-onclick=\"Inarticle articleshow link click#News#href\" href=\"https:\/\/economictimes.indiatimes.com\/topic\/cabinet-secretary\" target=\"_blank\" rel=\"noopener\">Cabinet Secretary<\/a> to deregulate and reduce compliance burden across sectors and states to improve India&#8217;s overall regulatory environment and attract investment.<!--\/article_liveblog.cms?msid=105115637&pos=toppotime:1-->Eleven ministries, including the environment to corporate affairs, have been identified as those with highest regulatory compliances while states with excessive regulations have also been red-flagged.<\/p>\n<p>ET has learnt that more than a dozen secretaries to the Union ministries have been asked to take charge of the issue and work closely with 3-4 allocated states to help them deregulate, especially to rescue the stuck and delayed &#8220;priority&#8221; projects.<\/p>\n<p>The Cabinet Secretary is also expected to soon hold a meeting with chief secretaries of the states reporting over regulation and where projects may be held up due to compliance burden-related delays, ET has gathered.<\/p>\n<p>Further, a &#8216;Deregulation Cell&#8217; has been set up at the Cabinet Secretariat to ensure a Centre-driven focussed mechanism to ensure compliance burden is brought down, both at Union ministries\/departments and across states.<\/p>\n<p><!--\/include_growfast.cms?pagename=article&skipcss=1potime:1--><br \/>The task force on &#8216;Compliance Reduction and Deregulation&#8217;, set up on January 24, is chaired by the Cabinet Secretary and has on board top officers from <a ref=\"dofollow\" data-ga-onclick=\"Inarticle articleshow link click#News#href\" href=\"https:\/\/economictimes.indiatimes.com\/topic\/niti-aayog\" target=\"_blank\" rel=\"noopener\">Niti Aayog<\/a> to the Department for Promotion of Industry and Internal Trade to Ministry of Micro, Small and Medium Enterprises, among others. The first meeting of the task force was held last week where it was pointed out how enterprises and projects were bring bogged down over a range of regulatory compliances, including simple issuance of a Fire No Objection Certificate, water\/electricity connections and tax refunds to the more complex ones like Consent to Operate and Consent to Establish, land allocation, environmental clearances &#8211; all leading to massive cost overruns and delays. It was underlined how the cost of regulation in states was touching over \u20b9600 crore, land allotment ran into delays as high as 170 plus days and restrictive work regimes for women were impacting economic scale up. ET gathers that it was also pointed out that while \u20b914 lakh crore has been allocated for <a ref=\"dofollow\" data-ga-onclick=\"Inarticle articleshow link click#News#href\" href=\"https:\/\/economictimes.indiatimes.com\/topic\/infrastructure-development\" target=\"_blank\" rel=\"noopener\">infrastructure development<\/a> to boost growth, it will not take off if compliance burdens are not minimised.The <a ref=\"dofollow\" data-ga-onclick=\"Inarticle articleshow link click#News#href\" href=\"https:\/\/economictimes.indiatimes.com\/topic\/deregulation-task-force\" target=\"_blank\" rel=\"noopener\">deregulation task force<\/a> is learnt to have been set up following from the 4th national conference of chief secretaries held in Delhi from December 13-15, 2024.During the conference, the Centre had called for &#8220;systematic deregulation&#8221; or &#8220;line-by-line reform&#8221; of laws that make it difficult for businesses to &#8220;open, run, grow or exit&#8221; across states.<\/p>\n<p>Restrictions on women employment, high electricity tariffs and complex land and building zone\/construction regulations were identified as key areas that require urgent deregulation so that states can attract investments, create jobs and bolster growth.<\/p>\n<p>Several examples were shared on how rigid standards were holding back industry expansion- from separate zoning laws for residential and industrial areas to land use change licensing to insistence on a high minimum road width to allow factories in rural areas to loss of land to three different building standards and so on.<br \/><!--\/article_liveblog.cms?msid=105115637&pos=botpotime:1--><\/p>\n<\/div>\n<p><br \/>\n<br \/><a href=\"https:\/\/economictimes.indiatimes.com\/news\/india\/centre-in-mission-mode-to-improve-overall-regulatory-environment-sets-up-task-force\/articleshow\/118257677.cms\">Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Centre has set up a task force under the Cabinet Secretary to deregulate and reduce compliance burden across sectors and states to improve India&#8217;s overall regulatory environment and attract investment.Eleven ministries, including the environment to corporate affairs, have been identified as those with highest regulatory compliances while states with excessive regulations have also been [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":239220,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"tdm_status":"","tdm_grid_status":"","fifu_image_url":"https:\/\/img.etimg.com\/photo\/msid-118257677,imgsize-22472.cms","fifu_image_alt":"","footnotes":""},"categories":[602],"tags":[53721,411,186220,186219,135359,4652,5401,4207,186218,44767,186221,9945,4320,115940,26104,186222,12082,2584,39316],"amp_enabled":true,"_links":{"self":[{"href":"https:\/\/news.talkwithrattan.com\/index.php\/wp-json\/wp\/v2\/posts\/239219"}],"collection":[{"href":"https:\/\/news.talkwithrattan.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/news.talkwithrattan.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/news.talkwithrattan.com\/index.php\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/news.talkwithrattan.com\/index.php\/wp-json\/wp\/v2\/comments?post=239219"}],"version-history":[{"count":1,"href":"https:\/\/news.talkwithrattan.com\/index.php\/wp-json\/wp\/v2\/posts\/239219\/revisions"}],"predecessor-version":[{"id":239221,"href":"https:\/\/news.talkwithrattan.com\/index.php\/wp-json\/wp\/v2\/posts\/239219\/revisions\/239221"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/news.talkwithrattan.com\/index.php\/wp-json\/wp\/v2\/media\/239220"}],"wp:attachment":[{"href":"https:\/\/news.talkwithrattan.com\/index.php\/wp-json\/wp\/v2\/media?parent=239219"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/news.talkwithrattan.com\/index.php\/wp-json\/wp\/v2\/categories?post=239219"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/news.talkwithrattan.com\/index.php\/wp-json\/wp\/v2\/tags?post=239219"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}