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J&K accelerates business reforms to boost investment, growth
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He emphasized that reducing unnecessary regulatory burdens, simplifying procedures and improving the overall business ecosystem are essential for fostering investment, entrepreneurship and economic growth in the Union Territory.
While reviewing the pending reforms, the Chief Secretary directed the concerned departments to address outstanding issues expeditiously, particularly those requiring reconsideration or acceptance on the central portal, so that all identified reforms are completed within the stipulated timelines.
One reform is awaiting acceptance on the national portal by the Deregulation Cell, whereas two reforms have been returned for reconsideration.
The Chief Secretary also reviewed the reforms proposed to be operationalised through bringing of a legislation.
Concerned departments apprised the Chair regarding the present status and timelines for completion of these reforms.