Committed to fostering business-friendly environment

Jammu and Kashmir Chief Minister Omar Abdullah on Saturday reiterated the Government’s commitment to fostering a business-friendly environment and streamlining regulatory frameworks across various sectors.

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Chairing a high-level meeting here at the Civil Secretariat to review the progress on Compliance Reduction and Deregulation under the Ease of Doing Business (EoDB) framework aimed at making the regulatory environment more conducive for businesses, the Chief Minister instructed all officers to break down the identified action plans—most of which have timelines of five to six months—ables on a fortnightly basis.

The meeting was convened as part of the national initiative led by the Cabinet Secretariat, Government of India, in collaboration with key institutions including the PMO, NITI Aayog, DPIIT, and the Ministry of MSME.

The initiative focuses on eliminating redundant regulations, reducing compliance burdens—particularly for MSMEs — promoting digitization and single-window clearances, and decriminalizing business laws wherever necessary.