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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