The Goa Chamber of Commerce & Industry (GCCI) organised an important deliberation on BUSINESS READY (B-READY); a World Bank initiative in collaboration with the Government of India at GCCI, Panaji recently. Abhishek Tripathy, IRS, Joint Commissioner, Tax Policy Research Unit, Department of Revenue, Ministry of Finance, Government of India led the interaction.
Abhishek Tripathy, IRS, was welcomed with a floral bouquet by Rohan Bhandare, Chairman, GCCI Taxation & Financial Services Committee and Treasurer, GCCI. Bhandare mentioned that the GCCI Taxation & Financial Services Committee of the Chamber actively advocates for the industry on taxation matters, providing solutions-oriented recommendations to the government and regulatory bodies. Pallavi H Arondekar, Director welcoming the gathering of eminent industry representatives said that the session had been envisioned as a two-way dialogue; an opportunity for meaningful interaction between government and industry on policies, compliance and reforms which could further strengthen private sector growth.
Introducing the program, Tripathy shared that the exercise was a part of an ‘Outreach & Perception Management for World Bank’s Business Ready Exercise’ being undertaken by the Department of Revenue, Govt of India. The Business Ready exercise replaces what was earlier called the ‘Ease of Doing Business’ Reports. The ‘B-Ready’ is an international benchmarking of about 190 countries on various parameters to judge the ease with which industry and enterprise function in these economies. He highlighted that the private sector is the key driver of economic growth and generating substantial employment. To effectively address the growing development challenges, it was essential to strengthen the resilience and competitiveness of private enterprises. In this context, B-Ready assesses the regulatory burden, quality of regulations, efficiency of public services, and ease of compliance within the overall framework.
He assured attendees that the government is committed to creating a more enabling environment for the private sector growth. He emphasized ongoing efforts to strengthen processes, improve efficiency, and reduce regulatory burdens.
The industry was represented by Satish Shinde, Member, GCCI, Managing Committee; Pradip da Costa, President, GSIA; Kalpak Arware, President VIA; Jack Sukhija, President.
