Department of Industrial Policy and Promotion’s (DIPP) mobile and web portal will go online by 1st of April. DIPP Business Registration Portal will be the 1-day business registration single window for startups.
This portal will provide the single window for clearances, approval, and registration related compliances. DIPP business registration allows companies to get registered and then be approved as eligible startups.
This portal plans to be an aggregator of all stakeholders in the Indian startup ecosystem like entrepreneurs, ventures, accelerators, venture capital funds, incubators, angel investment funds, seed capital funds and government functionaries. This portal helps startups to get the new policy or scheme updates and also apply for tax benefits that various schemes bring.
The government of India is trying to improve ease of doing business in India. Government plans to make India rank at least 50 on 189 member index within next 4 years. So, the government is concentrating on smart policing to improve business environment with such action as:
Fast issuance, power connections to industrial units and ensuring round the clock power supply.
Ease of access to land banks’ for industrial use.
Digitized land records at village or municipal levels
E-filing for commercial disputes at district courts etc.
The government is encouraging a form of competitive federalism wherein states are continuously creating a great ambience for doing business. Gujarat and Andra Pradesh are ranked at the 1st and 2nd positions respectively, in this year’s ease of doing business.
The government wants to support startups movement through the use of digital resources to provide a business owners legal and compliance framework to do business smartly. Digital India fosters ease in doing business when it will enable grassroots information integration resulting in the faster solution for business challenges.