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DPIIT secretary Anurag Jain on January 17 said it is now possible to start a business in one day in India, matching the world’s best scorer New Zealand on this front.
The Secretary, Department for Promotion of Industry and Internal Trade (DPIIT) said that several other steps are being taken to further improve the ease of doing business in India, including on the labor laws front.
“All labor laws have been consolidated into four codes, which have been passed by the Parliament and the government is in the process of their final implementation,” he said.
“The central government is in the process of taking consent of all the states and union territories on this, but in the meanwhile most of the states have started seeing the benefits and are already implementing the rules,” he added.
Mr Jain was speaking at a breakfast session organized by industry chamber CII and consultancy giant EY on the sidelines of the World Economic Forum Annual Meeting 2023 in Davos.