Regulating Enterprise Entry and Operations in Bihar : Towards Improved Implementation
As part of its technical assistance initiative to develop (and strengthen) the regulatory framework for business, the single window system to stimulate the development of the private sector, the World Bank commissioned ICRA Management Consulting Se...
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| Format: | Other Financial Sector Study |
| Language: | English en_US |
| Published: |
Washington, DC
2013
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| Online Access: | http://documents.worldbank.org/curated/en/2008/08/16409128/regulating-enterprise-entry-operations-bihar-towards-improved-implementation http://hdl.handle.net/10986/12869 |
| Summary: | As part of its technical assistance
initiative to develop (and strengthen) the regulatory
framework for business, the single window system to
stimulate the development of the private sector, the World
Bank commissioned ICRA Management Consulting Services
Limited (IMaCS) to conduct a detailed review and assessment
of the investment and operating requirements in Bihar to
understand its impact on implementation of the single window
system and in turn to improve the overall investment climate
in the state. This is particularly important as only 11
proposal of over a 1311 proposals received by the nodal
State Investment Promotion Board (SIPB) have managed to
reach the operational stage of business. The study was
conducted in three phases: (i) Detailed mapping of the
regulatory process for business entry at the
pre-entry/post-entry stage for business entry in Bihar; (ii)
Assessment of each license, clearance and inspection across
parameters such as necessity, legality, efficiency and scope
for simplification; and (iii) Suggestions on which licenses/
clearances/inspections should be retained, which could be
abolished. This study was essentially based on primary
research (multiple meetings with all concerned departments
at both the central and state-level and with a cross-section
of investors) as some new areas had to be addressed,
particularly in the context of Bihar. Some of the key
departments met include: Industries Department, Udyog Mitra,
Bihar State Pollution Control Board, Bihar State Industries
Development Corporation, Bihar Industrial Area Development
Authority. Further, a number of stakeholders including
private investors and state level industry associations were
also consulted. |
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