The Commerce and Industry Ministry soft launched the National Single Window System (NSWS) for businesses to improve Ease of Doing Business (EoDB).
Context
The Commerce and Industry Ministry soft launched the National Single Window System (NSWS) for businesses to improve Ease of Doing Business (EoDB).
Key -highlights
- Department for Promotion of Industry and Internal Trade (DPIIT) along with Invest India initiated the process of developing the portal as a National Single Window System (NSWS).
- DPIIT comes under the Ministry of Commerce and Industry.
- Invest India is the National Investment Promotion and Facilitation Agency of India and acts as the first point of reference for investors in India.
- The single window portal will become a one-stop-shop for investors for approvals and clearances.
- The portal would bring transparency, accountability and responsiveness in the ecosystem and all information will be available on a single dashboard.
- An applicant dashboard would be there on the portal to apply, track and respond to queries.
- The portal will provide investors services such as know-your-approval (KYA), common registration, state registration, document repository, and e-communication.
The need
- The NSWS would "usher in Azadi" from legacy of running to government offices, from paperwork, duplication and information asymmetry
- The National Single Window System is envisioned to address
- information asymmetry
- duplication of information submitted across platforms and authorities
- inefficient tracking of approvals and registration faced by
- Launch of the National Single Window System is a giant leap towards making India Atma Nirbhar [self-reliance].
