The Rajasthan Micro, Small and Medium Enterprises (Facilitation of Establishment and Operation) Act, 2019
The Rajasthan Micro, Small and Medium Enterprises (Facilitation of Establishment and Operation) Act, 2019
This Act regulates the regulatory approval process for starting and operating micro, small, and medium enterprises in Rajasthan, India. It applies directly to entrepreneurs establishing new businesses within the state. By submitting a simple declaration of intent, business owners receive an acknowledgment certificate that effectively serves as a formal approval, exempting them from regulatory approvals and official inspections for a period of five years. This legislation matters because it drastically reduces bureaucratic red tape, promotes the ease of doing business, and allows local startups to launch operations swiftly and focus on growth without facing immediate, cumbersome administrative compliance hurdles.
- 1. Short title, extent and commencement.
- 2. Definitions.
- 3. Nodal Agency.
- 4. Powers and functions of nodal agencies.
- 5. Filing of Declaration.
- 6. Effect of the Acknowledgement Certificate.
- 7. Exemption.
- 8. Protection of action taken in good faith.
- 9. Act to override other laws.
- 10. Savings.
- 11. Power to remove difficulties.
- 12. Power to make rules.
- 13. Repeal and savings.
PDF: pending for this language.