New Delhi. The central government has given a big gift for the investors. Union Minister Piyush Goyal on Wednesday launched the National Single Window System (NSWS) for investors. Speaking on the occasion, Goyal said that this single window portal will become a one-stop-shop for approval and clearance for investors.
Goyal said that the decisive and courageous leadership of Prime Minister Narendra Modi has enabled and encouraged India to dream big. This system will bring transparency, accountability and accountability in the ecosystem and all the information will be available on a single dashboard. All solutions will be available at a click of the mouse.
As of today, this portal hosts approvals in 18 central departments and 9 states. Another 14 central departments and five states will be linked to the portal by December 2021.
Facilities available in NSWS-
Know Your Approval (KYA): It does this by asking investors a series of dynamic questions about their planned business activity and based on the responses given, identifies applicable approvals. This service was started on July 21, 2021 with more than 500 approvals in 32 central departments and more than 2000 approvals in 14 states.
Common Registration Form: To ensure a single point of submission of information and documents across Ministries and States, a Unified Information Capturing System with a common registration form has been introduced. The details on the form are filled automatically, so that there is no need to fill the same information again.
State Registration Form: Gives the investor single click access to the respective State Single Window System.
Application Dashboard: Provides a single online interface to implement, track and answer questions related to approval and registration across ministries and states.
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