Assam Assembly passes Ease of Doing Business Bill, 2016

Posted on:04 Jun 2016 14:27:27

Assam Assembly passes Ease of Doing Business Bill, 2016
04 June 2016 Current Affairs GK: Assam Assembly has passed Assam Ease of Doing Business Bill, 2016 to facilitate ease of doing business in the state. The bill seeks to attract fresh investment in the state through an easy computerised clearance system.

The bill has the provision for speedy processing of applications and issue of clearances for setting up industries. The basic aim of the bill is to create an investment-friendly environment for economic development of the state. The bill provides for establishing a bureau under the name of Assam Bureau of Investment Promotion for the purpose of overall supervision and administration of the speedy processing of applications and issue of various clearances.

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