The ability to conduct business seamlessly is a subject that is assuming greater importance and dominating the economic, financial and business discourse in India at a time when it is looking to position itself as an attractive investment destination. However, according to the latest World Bank report, things look pretty grim: India has assumed the 130th rank. Given this, the Central government has been aggressively pushing initiatives in easing doing business by providing a clear path for economic freedom-based deregulation. The Department of Industrial Planning and Promotion (DIPP) of Government of India too has taken the mandate to coordinate with the various state governments in facilitating reforms at the regional level. Various states have also joined the efforts of the government in the true spirit of co-operative federalism for attracting investment, boost economic growth and generating employment opportunities for its citizens.
In light of these efforts, and after having already engaged with state governments in Karnataka, Tamil Nadu, and Kerala, the Centre for Public Policy Research (CPPR) will be conducting Round Table Conferences in Lucknow (Uttar Pradesh); Bhubaneswar (Orissa); Hyderabad (Telangana); these are states that are spearheading initiatives on making doing business easier.
The participants and panellists part of the Round Table in their capacity will represent academia, advocacy groups, and enterprises (both startups and established businesses) alongside representatives from the State government.
The outcome of the panel discussion will provide insights towards improving the competitiveness of the State: by easing regulatory controls, adopting technology for transparency and achieving the Prime Minister’s vision of “Minimum Government and Maximum Governance”.
The points of discussion will include but won’t be limited to policies and initiatives such Single Window Clearance, Entrepreneurship Policy, and Make in India. The goal is to find way in which the State can ease its regulatory environment, reduce barriers and develop a favourable ecosystem conducive to doing business.
The moot points will be complied into a memorandum and submitted to the State government for initiating correctives action. CPPR has over the past year been closely working with various States in ease of doing business and aims to assist the efforts of the Central Government especially Department of Industrial Policy and Promotion (DIPP) in this regard.
Given that this is an ongoing effort on the part of CPPR and an issue that it’s looking to actively engage with going forward, CPPR, under the aegis of the British High Commission, New Delhi, and in partnership with the Kerala State Industrial Development Corporation (KSIDC) is hosting a two-day, by-invite only, event titled: Breaking Business Barriers: South India Conclave on March 11th and 12th, 2016 (Friday and Saturday), at the Radisson Blu, Kochi.
The Breaking Business Barriers conclave comes as a culmination of research activities undertaken by CPPR over the past one year that spanned seven sectors were studied across three states of Karnataka, Tamil Nadu, and Kerala:
1. Drugs and Pharmaceuticals
5. Information and Technology
The objective of this research was to understand and catalogue the challenges faced by businesses when it comes to starting and sustaining an enterprise in, or exiting the above mentioned sectors.