In recent years, several digital initiatives have been undertaken, playing a key role in improving Ease of Doing Business (EoDB) in India.
Key Digital Initiatives Taken
- Business Registration & Regulation
- MCA21 Version 3: An AI-driven platform for end-to-end registry services with e-scrutiny and e-adjudication features.
- SPICe+ Form: Consolidates 10 essential procedures, including DIN, PAN, TAN, and GSTIN, into a single web form.
- Other: Udyam Portal for MSME registrations; Business Reforms Action Plan to reduce compliance burdens.
- Clearance & Environmental Approvals
- PARIVESH 3.0: Uses AI and GIS-based land banks for streamlined environmental and forest clearances.
- e-Gram SWARAJ for tracking development fund utilization; National Single Window System grants approvals across 32 Central Departments and States.
- Taxation & Trade Facilitation
- GSTN & E-Way Bill: Automated tax ecosystem handling ₹102.91 lakh crore in payments; E-Way bills grew by 21%.
- TReDS: Electronic platform facilitating trade receivable discounting for MSME liquidity.
- Logistics & Market Access
- PM GatiShakti NMP: Uses spatial planning data to reduce logistics costs and improve last-mile connectivity.
- ULIP (Unified Logistics Interface Platform): Integrates 35+ systems from various ministries for real-time cargo tracking.
- Digital Public Infrastructure (DPI)
- Unified Interface: APIs act as bridges, enabling seamless data flow.
- Scalable Payments: GSTN and UPI facilitate massive transaction volumes.
At a Glance: Data on Digital Business Facilitation
|