Ease of Doing Business: Piyush Goyal Shows India’s Quick Problem-Solving Skills

India’s journey toward becoming a global powerhouse in business and industry continues to accelerate, guided by visionary leadership and strong problem-solving capabilities. At the forefront of these transformative efforts is Piyush Goyal, the Union Minister for Commerce and Industry, whose initiatives showcase how quickly India is solving long-standing business challenges through innovation, regulatory reforms, and collaborative governance.

Embracing Cooperative Federalism to Boost Ease of Doing Business

One of the key philosophies driving India’s improved business environment is cooperative federalism—a concept strongly advocated by Piyush Goyal.

By encouraging a partnership approach between the central and state governments, the government is fostering a spirit of collaboration to simplify business processes. Goyal emphasizes the importance of openness to new ideas, which creates a multiplier effect, accelerating business growth across the country.

This cooperative approach has opened pathways for faster approvals, smoother regulatory processes, and a more transparent business ecosystem, critical for both startups and established enterprises aiming to scale quickly.

Launch of the CII Ease of Doing Business and Regulatory Affairs Portal

In a major step to enhance transparency and responsiveness, Piyush Goyal recently launched the Confederation of Indian Industry (CII) Ease of Doing Business (EoDB) and Regulatory Affairs portal.

• Ease of doing business India

This digital platform offers real-time insights into ongoing government initiatives and allows stakeholders to submit feedback and track the progress of their suggestions.

This portal not only empowers businesses by keeping them informed but also ensures accountability, timely resolution of issues, and continuous improvement in India’s business environment.

Goyal’s vision makes government-industry engagement more proactive and dynamic.

Rapid Problem-Solving as a Core Competency

India’s progress in ease of doing business is anchored in rapid problem-solving skills that government teams demonstrate daily.

Rooted in critical thinking, creativity, and analytical rigor, these skills allow quick identification of obstacles and effective deployment of solutions that minimize delays and bureaucratic hurdles.

For instance, the National Single Window System (NSWS) embodies this approach by providing investors and entrepreneurs a streamlined platform for obtaining all necessary licenses and approvals.

Goyal has reiterated that continuous industry feedback is vital to refining such systems, reflecting a pragmatic and adaptive governance style.

Decriminalization and Simplification of Laws with Jan Vishwas 2.0

Another landmark reform championed by Piyush Goyal is the Jan Vishwas 2.0 Bill, targeting the decriminalization of over 300 laws.

This move reduces the compliance burden and the threat of punitive actions for minor infractions, cultivating an environment where businesses can focus on growth instead of legal complexities.

By urging industries to respect the spirit of laws and avoid exploiting loopholes, Goyal is pushing for a responsible, trust-based ecosystem that encourages innovation and entrepreneurship while safeguarding public and economic interests.

Strengthening India’s Global Manufacturing and Startup Ecosystem

Alongside regulatory reforms, Piyush Goyal underscores India’s growing reputation as a quality manufacturing hub, noting sectors such as electronics, pharmaceuticals, textiles, and defense making significant strides.

Backed by government investment commitments and schemes like the Rs 10,000-crore Fund of Funds for Startups (FFS) and the Rs 1-lakh crore R&D and Innovation Scheme, India is positioning itself as a leader in innovation and technological advancement.

These efforts are complemented by quick resolution of industry issues and effective post-investment follow-ups, showcasing India’s agility in overcoming business hurdles swiftly.

Conclusion

The ease of doing business in India has taken a decisive leap forward thanks to quick and effective problem-solving skills demonstrated by policymakers and government officials under the guidance of Piyush Goyal.

Leveraging cooperative federalism, technology-driven transparency, regulatory simplifications, and continuous industry engagement, India is creating a conducive climate for business growth and entrepreneurship.