Uttar Pradesh has achieved a significant milestone by becoming the top-performing state in India for reducing compliance burdens and deregulating business processes. The state now prepares to launch a fresh wave of reforms aimed at further easing the regulatory load on enterprises.
Top Ranking in Deregulation Efforts
In rankings released by the cabinet secretariat this January, Uttar Pradesh secured the number one position under the 'Deregulation 1.0 compliance reduction exercise'. The state successfully implemented reforms across twenty-three priority areas. These measures focused on eliminating redundant compliances, reducing inspection-related hurdles, digitising investment services, and streamlining approval processes for businesses and MSMEs.
High-Level Government Visit
The momentum behind these efforts was highlighted on Friday with a visit from a Government of India panel. The delegation was led by Meeta Rajivlochan, who serves as the lead member for Uttar Pradesh in the task force on ease of doing business and is also secretary of the national commission for backward classes. She was accompanied by Rahul Sharma, additional secretary of the cabinet secretariat.
The delegation held a detailed meeting with Chief Secretary SP Goyal and senior officials, including additional chief secretaries and principal secretaries, at the chief secretary's office. Discussions centered on an orientation for phase two of ease of doing business reforms, outlining a clear roadmap for next-level deregulation and compliance reduction.
Industry Interaction on Future Plans
Later in the day, a high-level interaction titled 'Compliance Reduction and Deregulation 2.0' took place at the Invest UP office. Representatives from leading industry bodies participated in this session, discussing strategies to further simplify regulatory frameworks and enhance the business environment in the state.
This proactive approach underscores Uttar Pradesh's commitment to fostering a more business-friendly ecosystem, which is expected to attract investments and spur economic growth across the region.
