Assam Assembly passes Ease of Doing Business Bill, 2016

Assam Assembly has passed Assam Ease of Doing Business Bill, 2016 to facilitate ease of doing business in the state.

The bill seeks to attract fresh investment in the state through an easy computerised clearance system.

Key Facts

  • The bill has the provision for speedy processing of applications and issue of clearances for setting up industries.
  • The basic aim of the bill is to create an investment-friendly environment for economic development of the state.
  • The bill provides for establishing a bureau under the name of Assam Bureau of Investment Promotion for the purpose of overall supervision and administration of the speedy processing of applications and issue of various clearances.

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Categories: Bills and Acts in Current Affairs 2017

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Comments

  • Kongkan Gogoi
    Reply

    Vary important and appreaciated steps .IT should be time bound and incentives oriented.

  • Kamal chetry
    Reply

    Hope this will provide adequate fuel to accelerate new as well as the existing entrepreneurial and business activities and bring to an end the unnecessary interferences of govt. Officials in promoting or expanding new or existing business whether micro or small ,medium or big.