NEW DELHI: With an aim of allowing businesses run effectively, the Institute of Company Secretaries of India (ICSI) on Friday organised an International Corporate Governance Day, to discuss the importance of good governance and improve the ease of doing business.
Speaking on the occasion, Navarang Saini, director, investigation and inspection, Ministry of Corporate Affairs, said, “We have to work towards a system of minimum government and maximum governance and this is a great platform to discuss the same. It becomes all the more important to create an environment of maximum transparency. The government has created a single window for incorporating companies, creating the least possible hassle and saving time for the corporate sector.”
CS Mamta Binani, president, ICSI said, “Governance is a vital aspect, without which none can achieve harmony in the working patterns and further to this it has to evolve day in and day out in accordance with the changing requirements both internally and globally in each and every aspect.”
The ministry has also asked all the departments to constantly update their ‘Make in India’ action plans with a view to promoting ease of doing business.
The action plans are in place for 22 sectors and there has been good progress on those, according to the ministry.