Should India be able to decouple itself from US Subprime Impact?

Monday, August 27, 2007

Setting up business will soon be easier for firms

NEW DELHI: Life will soon be easier for companies that are setting up new businesses. They will have all government clearances in place in just half the time, thanks to a joint initiative by the various ministries involved. The ministries of industry, labour, corporate affairs and finance have worked together to reduce the time taken to obtain various clearances from 305 days to 166 days.

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