Union Commerce and Industry Minister Piyush Goyal, today, November 28, launched the CII Ease of Doing Business (EoDB) and Regulatory Affairs portal, according to a statement. The portal was launched at the second Department for Promotion of Industry and Internal Trade (DPIIT) – Confederation of Indian Industry (CII) National Conference on Ease of Doing Business in Delhi.

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The portal will give insights into the business environment and receives and tracks suggestions for improvement.

Speaking on the occasion, Goyal, "The Union government believes in cooperative federalism and is trying to make life better and easier for the businesses and the citizens. He appealed to the participants from industry and state governments to be open to new ideas of working, noting that a change of mindset and being willing to accept ideas has a snowballing multiplier effect on businesses."

"The Government's National Single Window System (NSWS) guide for investors to identify and to apply for approvals as per their business requirements needs inputs from the industry. Unless the industry is engaging with the National Single Window System, getting licenses through it, and also providing inputs to the Centre on it and industrial land bank to make it better, the initiative will not succeed," he added.

Goyal further pointed out that technological upgradation in State and Central-level government portals is required to make them more agile, faster, smarter and modern. He also spoke on the need to clamp down on spreading of misinformation and urged the industry to recognise the problems areas and make simple changes that can have pan-India impact.

Goyal urged stakeholders present at the event to work at three times the speed, three times harder and get three times more output to make India the third largest economy in the next three years. Elaborating further on the power of three, he pointed out that the power of the Government, the industry bodies and the stakeholders converging together can make a difference in business and legal processes. 

Addressing the Confederation of Indian Industries (CII) national conference on ease of doing business, Goyal stressed the importance of industry feedback in improving these platforms, which aim to streamline processes for obtaining approvals and licenses.

"The National Signal Window that we have created needs input from all of you.... without which I am almost inclined to abort the idea. The choice is now with you. If you feel that you are not interested in it, I am spending a lot of money on it, and I have come to a stage where I am almost inclined to abort the entire idea.," Goyal said, urging industry representatives to utilize the system and provide feedback.