Addressing Business Challenges in India
Niteen S Dharmawat, CFA, who drew attention to the challenges faced by a mill owner when initiating business operations in India, mentioned that governmental authorities have reached out with promises to implement corrective actions to ameliorate the situation.
In a post on X (formerly Twitter), it was shared that multiple communications had been received from government officials, including those from the Ministry of Commerce, @DoC_GoI. The team appeared optimistic about identifying the issues and taking necessary steps to address them. Furthermore, they had engaged with the mill owner about the matter. All of these actions took place within the same day.
Niteen S Dharmawat shared on April 16, 2025: “I have received multiple calls from the government officials including ministry of commerce @DoC_GoI. The team is very positive to understand the issues and take corrective measures. They have also spoken to the owner of the mill now. It has all been done within today itself.”
On April 17, Dharmawat expressed gratitude towards @DoC_GoI, @PMOIndia, and @PiyushGoyal for addressing the matter via his Twitter account.
On April 15, Dharmawat underscored the case of a small local flour mill founder, whose shop walls feature far more than just machinery manuals or business licences. He noted that there are 16 framed documents, each symbolising a permission, licence, or clearance required to start the operation. Among these, a framed copy of the Constitution of India is prominently displayed.
He remarked that, “This is the best example of ease of doing business in India.” Despite the shop owner adhering to every regulation, the owner faced numerous obstacles before being able to commence business activities, which took an excessive amount of time.
Dharmawat concluded his post with a call for significant changes, stating, “This has to change big time. Unfortunately, this hasn’t so far.”
In a related narrative, Bengaluru entrepreneur Pritam Kudev shared his experience regarding GST registration for his business, Mannlich, in a LinkedIn post. Kudev noted, “We applied for GST in West Bengal 10 months ago. Got rejected. Gave all documents except blood type.” The application remains unresolved as of his latest update.
