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DPIIT plans single window system to handhold foreign investors


DPIIT plans single window system to handhold foreign investors
DPIIT plans single window system to handhold foreign investors
DPIIT plans single window system to handhold foreign investors

As indicated by the authority, the single-window framework is probably going to have agents from both the Center and state governments. The framework will likewise, help in getting every single important endorsement and clearances required by outside financial specialists.

The Department for Promotion of Industry and Internal Trade (DPIIT) is intending to set up a solitary window framework to handhold outside speculators quick to put resources into India, an authority said.

The single-window framework is probably going to have delegates from both the Center and state governments, the authority said.

The framework will help in getting every significant endorsement and clearances required by outside financial specialists.

A proposition in regard to this was set up by the division.

DPIIT Secretary Guruprasad Mohapatra on Monday said that the proposition was being sent to Commerce and Industry Minister Piyush Goyal for endorsement.

Mohapatra said the new system will help in all endorsements and clearances that an organization requires to set up a plant in a state, locale or town.

The legislature is finding a way to pull in FDI. It has changed standards in a few areas, for example, single-brand retail exchanging, coal mining, protection and agreement producing.

The division is additionally hoping to further change FDI standards and they are holding inward gatherings with various services in such a manner.

FDI in the nation has expanded by 28 percent to USD 16.3 billion during April-June this financial



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