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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