MAIT is committed to working with the Government to realise its goal of India breaking into the top 50 countries on the World Bank’s index on ‘Ease of Doing Business’ ranking from its current position of 63. For this, it is imperative that the government and the industry work in unison to develop policies that are progressive, cohesive and conducive.
While we work on policy advocacy with the decision makers, it is also MAIT’s endeavour to ensure that the on-ground implementation of these guidelines is efficient and effective. Often execution is a challenge and procedural and process changes are required to be made to increase productivity. On the one hand, those implementing the policy need to be trained to understand its objective and not to give unnecessary importance to minor discrepancies. On the other hand, the industry needs to be guided on making the distinction between an issue of governance (merely a grievance) and a policy issue which hampers Ease of Doing Business.
In order to architect the improvement of Ease of Doing Business index, MAIT recommends the following: