Discover and read the best of Twitter Threads about #EaseOfBusiness

Most recents (3)

@nsitharaman @cbic_india @IncomeTaxIndia Why not talk to job creators?

Do you realize in #NewIndia you cannot close a company?

1. Company is required to have no business or accounts for 2 years to close it.

2. While having no business, it is supposed to send photos of office.

Madness. It takes a day to close in US.
@nsitharaman @cbic_india @IncomeTaxIndia Why not have a regular consultative forum with small business? Actually listen to business people and have high-level officials there to collate suggestions. Not a one time event but a regular one.

Term govt from mai baap sarkar to a service organization.
@nsitharaman @cbic_india @IncomeTaxIndia In US there was a "Paperwork Reduction Act." For every document the bureaucracy requires ask why they want it. You keep needing to file Article of Incorporation. One department wants copies of filings made to another department. Why? Get it yourself. Is this #EaseOfBusiness?
Read 4 tweets
"IAS fraternity" does not understand what API access means. 😏 These kind of people make decisions.
When you don't understand the meaning of "public" but think public transport is their baap ka maal.😏 Taxpayers fund you. Public services should provide APIs so that entrepreneurs can build Apps. Much better than what overpaid "public servants" will build.
The only thing the bureaucracy is good at is CYA—cover your ass. This is why the country cannot move forward. To progress afsar-raj must be dismantled. @narendramodi

Read 6 tweets
It appears no one told the Registrar of Companies about #EaseOfBusiness. They keep introducing additional forms and filings. Why does the govt not let companies be?

Govt filing requirements and red tape are a nightmare of business not Ease of Business in India.
@nsitharaman
Utter madness. You can’t even close a company in India. @FinMinIndia requires that company have no business for 2 years to close it but still requires photos of office and filings for those two years. How can a closed business have an office? Madness.
Every over-regulated bureaucratic mess has some “justification.”

Some people excuse can be used to justify every filing and every studpidity. But that doesn’t create #EaseOfBusiness.

Read 3 tweets

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