‘Cost of doing business essential to improve ease of doing business’

Jivisha Joshi, Deputy Secretary, DPIIT, Ministry of Commerce and Industry said, “With the ease of doing business, it is very important to understand the cost of doing business. EoDB comes from the costs that it involves. For example, it has become important to understand and adopt sustainable business practices, green logistics, industry understands it, but there’s a cost involved. It should be feasible for all. So, if we talk about changing regulatory policies, we must understand the impact it will have on the businesses. Everything involves costs that should be considered too.”