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Single Window System for Investment Clearances: Piyush Goyal

BY Realty Plus

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The government is working on setting up a single window system for clearances and approvals of industry, Parliament was informed. Commerce and Industry Minister Piyush Goyal said despite the presence of several IT platforms for investing in India, investors have 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. He added that the cell is being planned as a one-stop digital platform to obtain all requisite central and state clearances/approvals to start business operations in India.The investment clearance cell will be a national portal that integrates the existing clearance systems of various ministries/departments of the government and of states without disrupting the existing IT portals of ministries and will have a single, unified application form.

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