BMC courts corporates to boost business in the city

The council will include members from the civic body and the corporate sector.

Written by Tanushree Venkatraman | Mumbai | Published: December 16, 2014 12:50 pm

Taking the next step towards increasing business avenues in the city, the Brihanmumbai Municipal Corporation (BMC) has begun the process of setting up a business advisory council within its business development department, which was created about a month ago.

The council will include members from the civic body and the corporate sector.

“We have already written to the Ambanis, the Piramal group and the Mahindras, who have shown their interest in becoming members of the council. We are also getting in touch with IT groups, retailer associations and pharma companies for feedback and suggestions,” said S V R Srinivas, additional municipal commissioner, BMC. Srinivas along with municipal commissioner Sitaram Kunte are also expected to be members of the council.

Initially, the civic body is looking at inviting ideas on improving taxation in a way that attracts new business into the city. The BMC also plan to identify infrastructure gaps and ensure a single-window clearance for the various licences, provision of civic services and an urban design in keeping with business requirements. It’s also looking at inter-departmental co-ordination to spur growth and incentivising businesses in the city.

“We are exploring ideas of introducing a retail zone in the city and modernising the system of procuring licences and also the yearly renewals,” Srinivas added.

Under the current system, for registration and various licensing works, businesses must interact and coordinate at the local ward-level and with specific civic departments located across Mumbai.

According to the World Bank’s recent ‘Ease of Doing Business’ index, Mumbai ranks 182 in a list of 184 cities from across the world.

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