Delhi government is ready to revive its economy with the team of experts

the Delhi government has formed a 12 member expert committee to accelerate the economy by helping the businesses in the capital to get back normal from the pandemic and to make a fresh restart.

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On July 3, Thursday, the Delhi government has formed a 12 member expert committee to accelerate the economy by helping the businesses in the capital to get back normal from the pandemic and to make a fresh restart.

The committee is set up on the recommendations of Delhi CM Arvind Kejriwal and Lieutenant Governor Anil Baijal. The committee will do a comprehensive analysis and explore the various measures and practices to be adopted by various businesses, departments, and others. The committee panel will also explore the moves that will improve the ease of doing business and also shorten the process of recovery from the crisis- as per an order issued on July 1, signed by the special CEO of the Delhi Disaster Management Authority (DDMA), Ravi Dhawan.

It will explore the possibility of renewal or automatic extension of existing licenses issued by the various departments and local bodies, without penalty or interest.

The expert panel will also examine and suggest penalties or fines or interest imposed on public or business due to the COVID-19 pandemic, which can be waived to remove undue financial hardship. Further, the committee will also explore economic reform measures that have the potential for revenue mobilization for the government of Delhi and might also take up any other issues and suggest innovative measures to help people and businesses in distress.


The committee will comprise of the commissioners of the labour department and industrial department, South Delhi Municipal Corporation, special secretary of the environment department, and representatives of various industries including automobile, manufacturing, trade, finance, and hospitality, etc.

The committee will be headed by the Vice-chairperson of the Dialogue and Development Commission (DDC), Jasmine Shah.

He said, “By opening up the lockdown early and putting a robust health care strategy in place, the Delhi government has set the right ground conditions for economic recovery in the capital city. The effects of that are being seen in terms of declining positivity rate, new cases and hospital bed occupancy. By working together with industry stakeholders, the Delhi government is keen to come out stronger from the economic shock caused by Covid-19.”

He further added, “In the next three to six months, the focus will be on ensuring the survival of businesses and various industry sectors by revisiting licensing norms, simplifying Covid related regulations and taking measures to revive demand… Several industry members expressed the urgency of undertaking measures to revive demand by taking industry-specific measures such as permitting outdoor sitting and extending hours of operations of restaurants.”

Delhi government’s panel has stressed and decided on revisiting the licensing norms, increasing demand to push trade and industries, and to simplifying pandemic related regulations to ensure the survival of the business and various industries.

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Delhi government is ready to revive its economy with the team of experts
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the Delhi government has formed a 12 member expert committee to accelerate the economy by helping the businesses in the capital to get back normal from the pandemic and to make a fresh restart.
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THE POLICY TIMES
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