- The move is aimed at reducing red tape in the incorporation of businesses, which currently require up to 8 forms.
- The Narendra Modi-led BJP government marked Labour Day by making it easier to incorporate a new business.
- Starting today, entrepreneurs need only fill out one form to start a business, down from the eight they had to submit until now.
- The new form, called INC-29, will allow make compliance and reporting easier website of the Ministry of Corporate Affairs.
- Name availability, allotment of Director Identification Number (DIN), company incorporation and commencement of business will now be possible through a single form.
- The move is in keeping with Modi’s public avowal to improve India’s global ease of doing business ranking.
- The red tape that businesses faces while registering themselves, including at least 8 different forms for various permissions has been a pet peeve of entrepreneurs.
- Currently, even for a single-person company, the forms required include separate applications for obtaining DIN, obtaining a DSC (digital signature certificate), form INC-1 for approval of the name of the company, form INC-7 for registration of the company along with memorandum of association and articles of association, form INC-22 for intimation of registered office and form DIR12 for each director, the newspaper said.
- Source:- Modi govt launches single-form registration for new businesses
Chandrakant Raghunath Patil, MP from Navsari, adopted Chikhli. Chikhli seen improvement in Sanitation and road renovation under SAGY. The infrastructure is improved.It is emerging as the template of village development. Patil completed the task in just three months. 380 toilets were built in Chikhli, many of them in the two slums life has become better after construction of toilet in their houses regular affair during the monsoons. A huge Shiva statue built six years ago by an NRI on the river bank had lost its colour and texture. The MP built a protection wall all along the riverbank and renovated a temple and the Shiva idol. renovation of road circles in a public-private partnership putting waste collection bins around the village, procurement of a diagnosis machine for the Rotary Eye Hospital (in the nearby Navsari), a library in the village panchayat office, gas-based cremation at the village crematorium, a modern aganwadi centre and a bus stop.
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