Ministry of Corporate Affairs (MCA) launched the Simplified Proforma for Incorporating Company Electronically Plus (SPICe+) web form

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  Ministry of Corporate Affairs (MCA) launched the Simplified Proforma for Incorporating Company Electronically Plus (SPICe+) web form

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  1. This was part of the Ease of Doing Business (EODB) initiative of Government of India.
  2. The SPICe+ form will replace the existing SPICe form.
  3. SPICe for was launched in 2016 and is a single form for multiple services for incorporation of a company.
  4. SPICe+ would offer 10 services by three Central Government ministries and departments and one State Government (Maharashtra) ministry. It will help save many procedures, time and cost for starting a business in India.
  5. The three Central Government ministries are Ministry of Corporate Affairs, Ministry of Labour and Ministry of Finance.
  6. SPICe+ has two parts – Part A and Part B offering bunch of services.
  7. India has improved its ranking to the 63rd spot on the World Bank’s Ease of Doing Business (EODB) survey, 2019 out of 190 countries but the report had cited India was lagging behind in certain parameters such as starting a business. The latest step is an effort towards achieving the government’s target of reaching the 50th spot.
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PT's IAS Academy: Ministry of Corporate Affairs (MCA) launched the Simplified Proforma for Incorporating Company Electronically Plus (SPICe+) web form
Ministry of Corporate Affairs (MCA) launched the Simplified Proforma for Incorporating Company Electronically Plus (SPICe+) web form
Excellent study material for all civil services aspirants - begin learning - Kar ke dikhayenge!
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