In a statement to Ziraat Times, Mr Baldev said that the Udyog Aadhaar memorandum, as per the norms of the Government of India, requested by PHDCCI J&K earlier, would be crucial as it would be the only requirement for a business unit to be set up in J&K.
In order to create a business-friendly environment, PHDCCI has been advocating since long for the implementation of all 372 points of Business Reform Action Plan (BRAP) by DIPP-GOI and, therefore, we welcome the government’s approach in dealing with this, which, we believe would significantly improve the ranking of J&K in Ease of Doing Business, Mr Baldev observed.
Commenting on this move, Rahul Sahai, Chairman PHDCCI-Jammu, said that the government has also shown that ‘it is determined to act with urgency and impact both to keep the environment conducive for investments and also to mitigate the economic hardship and demands of J&K’s business community.’
“PHDCCI-J&K also supports the government’s approach to start the various relief and reform measures with the bottom of the pyramid as they are the ones who need it most urgently both in urban and rural India,” Mr Rahul further said.