10 Ways To Improve Delhi's Economy, According To Kiran 'Vikas' Bedi

02/02/2015 1:06 PM IST | Updated 15/07/2016 8:24 AM IST
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NEW DELHI, INDIA - JANUARY 24: BJP leader Parvesh Verma, BJP Delhi Chief Ministerial candidate Kiran Bedi and Rajesh Gehlot, BJP candidate from Matiala, during a road show at Dwarka on January 24, 2015 in New Delhi, India. With only two weeks left for the Delhi Assembly elections, Bedi is expected to visit all 70 constituencies through roadshows. (Photo by Virendra Singh Gosain/Hindustan Times via Getty Images)

NEW DELHI: Bharatiya Janata Party's chief ministerial candidate Kiran Bedi on Monday released a "10-point plan" for improving Delhi's economy.

In a series of tweets targeting traders, businesspersons and entrepreneurs, Bedi outlined what she called "Kiran's blueprint" to make Delhi's economy "more vibrant than ever." Here are her 10 points, in her own words.

"1) Until GST is implemented, simplification of VAT policies, procedures and implementation, to remove all bottlenecks, complexity and corrupt practices in collection, refunds, filing and reporting.

2) Once GST is implemented, ensure that Delhi receives fair and adequate compensation from the Centre, if required.

3) Company incorporation procedures to be simplified and made fully online for easy and quick setup of new businesses in Delhi.

4) Encourage entrepreneurship via incubation support through facilitation of investment forums as well as leverage unused spaces to create co-working spaces for startup.

5) Rationalization of stamp duties and registration fees to ensure higher collection.

6) Start single window clearance for VAT, excise and entertainment tax and extend loan facilities for women entrepreneurs.

7) Raising Delhi's "Ease of Doing Business"ranking in the country and the world by simplifying and facilitating several procedures including starting a business, dealing with construction permits, getting electricity, registering property, getting credit, and simplifying tax regimes.

8) Reducing documentation, time and costs associated with trading across borders.

9) Better lighting and pavement facilities around markets and expediting of existing repair works to ensure more footfalls.

10) Continuous and regular dialogue with trader-entrepreneur associations and chambers of commerce to garner feedback and stay current with ongoing issues."

Bedi's tweets came minutes after her campaign manager Narendra Tandon resigned from the BJP, accusing the former IPS officer of "insulting him on every issue."

Delhi goes to polls on February 7, with counting of votes set to take place on February 10.

(with ANI inputs)

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