- Government-constituted expert committee to examine the Possibility of Replacing Multiple Prior Permissions with Pre-Existing Regulatory Mechanism had submitted its recommendations
- The 11 member committee was headed by Ajay Shankar, Former Secretary of Department of Industrial Policy and Promotion (DIPP)
- The expert committee was constituted by DIPP in April 2015
It was tasked to:
- Examine the possibility of replacing multiple prior permissions with a pre-existing regulatory mechanism
- Recommend a framework of the proposed regulatory mechanism and draft proposed legislation
- Identify safeguards for replacing the system of prior permission and integrating them in the proposed regulatory mechanism
Recommendations:
- Introduction of credible third-party certification in most areas of regulation to cut down on multiple permissions needed by investors
- Adopting global best practices for emission norms in order to promote ease of doing business in the country
- Need for a standing institutional mechanism within the government for an independent regulatory impact assessment
For start-ups:
- Steps like Greenfield development and earmarking of mixed land use redevelopment should be undertaken
- Start-ups must be exempted from the requirement of seeking building plan approvals would give a boost to the ecosystem
- Any inspection of a start-up in cases of actionable complaints should be done only with the permission of an officer at a sufficiently higher level
Environmental Issues:
- Ministries of environmentally sensitive sectors should join with the Ministry of Environment and Forests to prepare a 20 year perspective geographical plan
- This plan must indicate preferred locations in prioritised categories for their anticipated projects in order to minimise the negative impact of environment