ASSOCHAM Southern region presents webinar on
Nava Karnataka: Ease of Doing Business in the State of Karnataka
Investment Opportunities & Roadmap to Strengthen the Economy

23 February, 2021

About Event



India’s rank in the World Bank’s Ease of Doing Business (EoDB) study ranked 63rd in Doing Business 2020:  World Bank Report. Among the chosen 190 countries. In 2014, the Government of India launched an ambitious program of regulatory reforms aimed at making it easier to do business in India. The program represents a great deal of effort to create a more business-friendly environment.
 
India has emerged as one of the most attractive destinations not only for investments but also for doing business. India jumps 79 positions from 142nd (2014) to 63rd (2019) in 'World Bank's Ease of Doing Business Ranking 2020'.
 
The Department for Promotion of Industry and Internal Trade (DPIIT) developed a Business Reform Action Plan (BRAP) and a system for ranking States performances to undertake reforms for facilitating EoDB.  DPIIT has launched the latest Business Reform Action Plan for the year 2020 (BRAP 2019-20). It consists of 301 reform points across 15 areas. The highlights of State Reforms Action Plan 2020 are
 
·         ‘Investment enablers’ - To incorporate reforms related to ‘Access to information and transparency’, ‘Online Single Window System And more.
·         Single Window system - To enable the single window system including online submission of application, payment of application fee and many more,
·         Sectoral reforms pertaining to sectors like Tourism, Telecom, Hospitality, Trade License, Healthcare, Legal Metrology, Cinema Halls and Movie shooting.
·         Public procurement has been introduced first time by Industries department in this year’s Action Plan.
·         Reforms related to ‘elimination of the requirements of renewals of certificates/ approvals/ licenses’ and ‘implementation of computerized central random inspection system’.
 
The incentive for improving any regulatory framework should be increase in inflow of investments, domestic or foreign, and an increase in employment opportunities, and eventually an increase in GSDP. The reforms that are being executed as detailed by the BRAP framework may not necessarily have the desired impact on certain sectors that are most important for the state, to increase its GSDP.
 
Karnataka is the home to the Silicon Valley of India, it is a leader in sectors such as Information Technology, Information Technology enabled Services, Machine Tools, Aerospace, Biotechnology, and Engineering Design. From silk to precision manufacturing, the State covers a range of industries. As a result, it has emerged as an important link in the global supply chain.
 
Webinar Coverage
 
·         Investment Opportunities in the State post COVID.
·         Simplification of State Regulatory reforms.
·         Single window clearance mechanism.
·         Roadmap to increase SGDP.
·         Tailor based approach for investors.
·         Sector-Specific Growth Boosters
 
Speaker Invited:
 
·         Shri. Jagadish Shettar, Hon’ble Minister for Large & Medium Scale Industries, Government of Karnataka
·         Shri. Gaurav Gupta, IAS, Additional Chief Secretary to Government, Department of Commerce and Industries, Government of Karnataka
·         Smt. Gunjan Krishna, IAS, Commissioner for Industrial Development and Director - Department of Industries & Commerce, Government of Karnataka
·         Dr. N. Shivashankara, IAS, CEO, Karnataka Industrial Area Development Board, Government of Karnataka
·         Ms. Supriya S. Devasthali *, Director, Department for Promotion of Industry and Internal Trade, Ministry of Commerce and Industry, Government of India
·         Mr. Soumitra Bhattacharya, President, Bosch Group in India & Managing Director, Bosch Limited
·         Ms. Chandrima Sinha, Vice President, Invest India
·         Mr. Mahesh Kapri, Managing Director GE BEL & GM, GE Healthcare
·         Mr. Salil Gupte, Chairman, ASSOCHAM Civil Aviation and Airport Infrastructure Committee & President, Boeing India
·         Mr. BV Naidu, Chairman, ASSOCHAM State Council and Managing Partner, StartupXseed & Founder and Chairman, THE GAIN
·         Mr. R K Misra, Founder Director, Center for Smart Cities
·         Ms. Uma S Nair, Regional Director – Southern region, ASSOCHAM
 
For free registration on webinar log onto: - https://bit.ly/2OcOBjf
 
After registering, you will receive a confirmation email containing information about joining the webinar.
 
We shall deeply appreciate your kind and an early confirmation by registering timely & please be part of this important webinar on Ease of doing business in the State of Karnataka.