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Created: 07 May 2015

NEW DELHI: Department of Industrial Policy and Promotion has constituted an Expert Committee with the following terms of reference for examining the possibility of replacing multiple prior permissions in starting a business with pre-existing regulatory mechanism and preparing a draft legislation for this purpose:

 

1.Study the requirement of various prior permissions with an exhaustive inventory of such permissions;

 

2.Examine the possibility of replacing these prior permissions with a pre-existing (proposed) regulatory mechanism;

 

3.Identify safeguards to be put in place while replacing the system of prior permission and integrating these safeguards in the proposed regulatory mechanism;

 

4.Recommend a framework of the proposed regulatory mechanism; and

 

5.Draft the proposed legislation.

Suggestions on the subject have been invited from public. Any person who intends to present any information or suggestion may send the same on e-mail to ravinder.73@nic.in or by Fax at +91-11-23063212.