Single Window Approval System for Industries : MoS Commerce

Industry news

Single Window Approval System for Industries : MoS Commerce

The Central Government is working on setting up a Single Window System for clearances and approvals of industry in the country. Despite the presence of several IT platforms for investing in India such as in departments of the government of India and state single window clearances, investors need to visit multiple platforms to gather information and obtain clearances from different stakeholders. To address this, the creation of a centralised Investment Clearance Cell which would provide end-to-end facilitation support, including pre-investment advisory, information related to land banks and facilitating clearances at central and state level was proposed and the same is also a Budget Announcement 2020-21. The cell is being planned as a one-stop digital platform to obtain all requisite central and state clearances/approvals required to start business operations in India. The Investment Clearance Cell will be a national portal that integrates the existing clearance systems of the various ministries/departments of the central and state governments without disruption to the existing IT portals of ministries and will have a single, unified application form.