Conducive atmosphere for investor

TNN Bureau. Updated: 2/2/2022 11:31:49 AM Edit and Opinion

To create an investor friendly environment in Jammu and Kashmir, the administration has notified instructions ease of doing business reforms under the Business Reform Action Plan (BRAP) listed by Government of India. The notification comes after the Jammu and Kashmir government is set to receive gigantic industrial investment. Whereas, instructions have been notified for immediate compliance by all concerned departments. In order to ensure successful implementation of the business recommendations listed under Business Reform Action Plan (BRAP) - 2021, circulated by the Department for Promotion of Industry and Internal Trade (DPIIT), Ministry of Commerce and Industry, Government of India and with a view to create an investor friendly environment in the Union territory of Jammu and Kashmir, following instructions are hereby notified for immediate compliance by all the concerned Departments”, reads the circular issued by the General Administration Department.As per the instructions, each draft business regulation of any Department/Organization/Agency of the Union territory shall be put up in public domain online on for a period of more than 30 days, prior to enactment, for inviting comments/feedback on the portal viz; Legal basis, necessity, and business-friendliness of the draft regulation shall also be published with it. Suggestions/ feedback received and the Departmental disposal of the same shall also be published online along with the information as to how the feedback has been addressed in the final regulation. Any new addition/change in any regulation or permission automated shall be updated in "Information Wizard" section, within a period of 30 days, it reads.Real time MIS dashboard of all service approvals and Grievance/ Query module shall be activated with mean and median (Common Standard Template on Single Window System) for better transparency and monitoring compliance, it added.Grievance/Query received on the portal shall be resolved within 7 working days by Single Window Nodal Officer or the concerned authority, as the case may be. In case of any observation initial response shall be initiated within 7 days, and in case the observation pertains to any policy issue, the same shall be disposed within 15 days of receipt”, it added. All the Inspections shall be carried out as per notified procedure and defined checklist, with prior intimation to the concerned establishment. Inspection report shall be uploaded on the portal or the Departmental portals by the concerned authority within two days of date of inspection. Further, facilitation shall be the primary objective of these inspections.

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