December 23, 2021
1 min read

Goyal calls for single ID for businesses

Goyal said that infinite possibilities in technology should aid the Centre’s initiatives and not just further complicate the system….reports Asian Lite News

To promote ‘Ease of Living’ as well as ‘Ease of Doing Business’, the Centre has reduced more than 25,000 compliances. The figure was furnished by the Ministry of Commerce and Industry after the valedictory session of the “National Workshop on the next phase of reforms to reduce Compliance Burden” which was held here.

Addressing the session, the Minister of Commerce and Industry, Consumer Affairs, Food and Public Distribution and Textiles Piyush Goyal said India’s compliance systems for citizens must be based on the basis of trust, while calling for a focus on initiatives which can reduce the compliance burden to provide timely delivery of services.

Goyal said that infinite possibilities in technology should aid the Centre’s initiatives and not just further complicate the system. He also stressed the need for indigenous solutions to problems facing the country. “The Minister asked policy makers to consider the wide disparity in income, literacy level and the gaps in infrastructure, especially connectivity, while planning the delivery of services, especially if technology is involved,” the ministry said in a statement.

Goyal spoke of the need to combine various services like the ‘Digi locker’ and the ‘National Single Window System’, so that repetitive processes are rationalised, gaps are bridged and redundancies are eliminated when it comes to applying for approvals and permissions.

Additionally, he called for the creation of a single identification number for businesses and individuals by merging the several identification numbers that exist presently, such as ‘Aadhaar’, ‘PAN’, ‘TAN’ so that delivery of services becomes smoother and faster.

“He also called for promotion of self- attestation, self- certification and self- regulation. He added that it is high time that compliance systems were built on trusting the integrity of the citizens,” the statement added.

ALSO READ: Amazon workers in US walk out, demand better pay

Previous Story

Amazon seeks Delhi HC relief on ED probe

Next Story

Pre-Budget talks conclude

Latest from Business

Samsung Unveils AI Revolution in Galaxy Series

While Samsung did not share the detailed product lineup, Galaxy S25 flagship smartphones, including a new slim model, are expected to be unveiled at the upcoming event…reports Asian Lite News Samsung Electronics

Retail Auto Sales Defy Challenges

Internal combustion engine two-wheelers faced challenges such as financial constraints and increasing competition from electric vehicles…reports Asian Lite News Retail automobile sales in India increased by 9.1% in 2024, reaching 2.61 crore

Asia-Arab Ties to Forge Global Partnerships

As Oman continues to build its reputation as a critical global trade hub, the Asian Arab Chamber of Commerce and IETO are committed to continuing these efforts through a series of followup
Go toTop