Govt aims at transparent business environment in Kerala: CM Vijayan

Kerala Chief Minister Pinarayi Vijayan on Friday said that the state government has identified 22 priority sectors for ensuring a sustainable and prosperous future for Kerala and aims to create a transparent business environment in the state that has great opportunities for investmentAddressing delegates online at the Kerala Development Conference organised by the Federation of Indian Chambers of Commerce and Industry FICCI in collaboration with the Kerala Industrial Development Corporation KSIDC here he said that the government aims to make Kerala a knowledgebased society and transform it into an innovative societyKerala which is a connectivity hub has highquality infrastructure and investors can take advantage of egovernance and technological advancement the CM saidThe government has created a unique development initiative by making maximum use of technologyThe Chief Minister pointed out that many regulations have been relaxed as part of industryfriendly measures and steps have been taken to ensure transparencyOne of our key achievements in this regard is the introduction of the online platform KSwift Single Window Clearance Mechanism This innovative platform integrates various departments and agencies streamlines the various processes and eliminates unnecessary bureaucratic hurdles for investors he saidHe further said that currently we are working towards integrating KSWIFT with the national single window system to further enhance Keralas ease of doing businessIn relation to KSwift we have taken significant steps to simplify business regulations and ensure transparency and accountability Manual instructions have been replaced by the Kerala Central Inspection System KCIS It not only streamlines the processes but also promotes transparency and eliminates any room for corruption said CM VijayanFurthermore we have actively pursued minimising the regulatory compliance burden exercise This has successfully eliminated or reduced a staggering 1928 burdensome compliances for businesses and citizens since its introduction in 2021 By minimising regulatory burdens we aim to create a predictable and transparent business environment that nurtures growth encourages investments and stimulates economic prosperity he saidWe lead the nation in fostering a robust startup ecosystem and are at the forefront of export preparedness We are utilising technology for human progress and social transformation Initiatives like KPhone are being implemented in every household in the state using the global information highway Kerala has excelled in the ease of doing business rankings he saidWe have implemented various initiatives to support entrepreneurs and investors We have further enabled the industrial ecosystem through initiatives like the Kerala Knowledge Economy Mission he saidThe future of Kerala is bright And we invite you to be part of this incredible journey which has sustainability at its core Lets collectively work towards making Kerala a shining example of responsible industry and responsible investments Kerala is ready to welcome you all and the doors of opportunity are wide open The government of Kerala is always ready to assist you so that we can shape the future of Kerala and India he addedThis story has been sourced from a third party syndicated feed agencies Midday accepts no responsibility or liability for its dependability trustworthiness reliability and data of the text Midday managementmiddaycom reserves the sole right to alter delete or remove without notice the content in its absolute discretion for any reason whatsoever