Page 9 - IMDR - Journal of Management Development and Research - March2019-20
P. 9
Ease of Doing Business: - The return under 8 labour laws and 10
Cumbersome government procedures and Union regulations must now be filed only
rules for establishing new units. once a year. Computerised random
Bureaucratic delays in getting clearances. allotment for inspector visits to the
Poor litigation system in the country. establishment. Environmental Clearance
under air pollution and water pollution
laws, have been merged into one. Also,
the return will be accepted through self-
certification. For minor violations under
the Companies Act, the entrepreneur will
no longer have to approach the courts, but
can correct them through simple
procedures. This signifies simplification
of government procedures and instilling
confidence among entrepreneurs.
Percentage share of rural and
urban MSMEs in India
49% 51%
Rural areas Urban areas
307 lakh participates comes from rural areas for MSMEs and 377 lakh
participates comes from urban areas
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