Bhubaneswar, Oct 21 [UDN}:The government is set to ease regulatory restrictions across 13 major sectors related to industry and business, with the objective of creating a more business-friendly environment, simplifying approval procedures, and encouraging investment and industrial development. Under the proposed measures, obtaining essential permissions, including fire safety clearances and building-related approvals, is expected to become easier and more convenient for businesses and industrial establishments.
The move aims to reduce unnecessary regulatory hurdles, simplify compliance requirements, and minimise delays in securing statutory approvals. By making the permission process more accessible and efficient, the initiative is expected to benefit entrepreneurs, investors, industrial units, and commercial establishments seeking to establish new ventures or expand existing operations.
The proposed relaxation of restrictions across these 13 key sectors is also intended to improve the ease of doing business, encourage private investment, and support economic growth by enabling industries and businesses to complete necessary formalities with fewer administrative difficulties. Simplified fire safety and building permission procedures are expected to make it easier for eligible establishments to obtain the required clearances without facing prolonged approval processes.
Note: The original Odia text does not specify the names of the 13 sectors or the exact nature of the proposed regulatory changes.
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