Ease of doing business

Recently, the Madhya Pradesh Government passed a law imposing penal provisions on government officials for delaying industrial and business approvals beyond a statutory timeline, in an effort to attract investments in the state! This would be first of its kind in the country, which may catalyse easing of doing business in the state.

Successive governments in Assam have announced many policy measures to woo investors. However, the ground reality is that private investments are hard to come by. Entrepreneurial zeal, though improving, is yet to gather sufficient mass. Business and entrepreneurship still remain one of the last options for the youth. Perhaps, the most important aspect of hampering is the lack of transparent and fair ease of doing business in the State. Anyone eager to start a business for self-employment or otherwise has to cross several barriers, official or unofficial, to start a business. A person has to make several rounds in corridors of power, whether it is a municipality ward office, office of the district administration or those of the State government.

What the State needs is a very fair, transparent mechanism at the ground level that enthuses especially the youths to take to any type of business in any part of the State.

However, continuing the same old models of the announcement of schemes and policies would not fetch the encouraging results. Let the youths not be dependent on government schemes for doing business; rather, let them do business for profits in a facilitating environment of ease of doing business. The State government may take a leaf out of states like MP, Andhra Pradesh, Kerela, Rajasthan, etc, and announce the creation of business and investor-friendly measures in the budget announcement.

A Bhuyan,

Nagaon