Department of Industrial Policy and Promotion has constituted an Expert Committee with the following terms of reference for examining the possibility of replacing multiple prior permissions in starting a business with pre-existing regulatory mechanism and preparing a draft legislation for this purpose:

1. Study the requirement of various prior permissions with an exhaustive inventory of such permissions;
2. Examine the possibility of replacing these prior permissions with a pre-existing (proposed) regulatory mechanism;
3. Identify safeguards to be put in place while replacing the system of prior permission and integrating these safeguards in the proposed regulatory mechanism;
4. Recommend a framework of the proposed regulatory mechanism; and
5. Draft the proposed legislation.

Suggestions on the subject have been invited from public.  Any person who intends to present any information or suggestion may send the same on e-mail to [email protected]  or by Fax at +91-11-23063212.