DPIIT Launches Regulatory Compliance Portal
- On 20th January, 2021, the Department for Promotion of Industry and Internal Trade (DPIIT) launched a regulatory compliance portal that will act as a bridge between citizens, industries and the government to minimize burdensome compliances.
Objective
- To reduce the compliance burden, simplify further the citizen-government interface whether online or offline, and remove antiquated and obsolete acts which don’t add value.
- To boost manufacturing and make Indian industry competitive, there are issues of quality and manufacturing of scale but the compliance burden is a major cost.
Need
- As per the World Bank’s Doing Business Report 2020, it takes 1,445 days for a ....
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