New Delhi, July 27 -- The Confederation of Indian Industry (CII) has called for the enactment of a central legislation to guarantee time-bound delivery of services to businesses by Union Ministries and Departments.
This reform, CII stated, is crucial for strengthening regulatory certainty, enhancing predictability and improving the overall ease of doing business in India.
"Despite commendable initiatives to mandate timelines in a range of areas, businesses continue to face procedural delays, regulatory uncertainty and non-adherence to timelines, significantly affecting operational efficiency and long-term investment planning. Absence of strictly enforced timelines is also felt in areas such as government refunds, disbursement of funds a...
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