De­tailed Log of Busi­nesses

The Economic Times - - Economy & Companies -

Iden­ti­fy­ing En­ti­ties

The unique no. will sim­plify a busi­ness’ deal­ings with var­i­ous gov­ern­men­tal

agen­cies

Move aimed at creat­ing & main­tain­ing a com­pre­hen­sive data­base on busi­nesses In­dia will join the league of Canada, Hong Kong and the UK that, too, main­tain such reg­is­ters The 16-digit no. will be based on 2011 Cen­sus code It will en­able iden­ti­fi­ca­tion of the vil­lage and dis­trict where the biz is lo­cated

Key Pos­i­tives

It will re­duce chances of du­pli­cate en­ti­ties Re­solve iden­tity is­sues Save time dur­ing reg­is­tra­tions or while tak­ing li­cences

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