Ease Of Doing Business: Govt To Launch Centralised National Investment Clearance Cell By 15 April Next Year

Ease Of Doing Business: Govt To Launch Centralised National Investment Clearance Cell By 15 April Next YearPM Modi (Photo by Sushil Kumar/Hindustan Times via Getty Images)

In a major fillip to the call for greater ease of doing business in the nation, the government is set to launch the proposed Centralised “Investment Clearance Cell” by 15 April next year, reports Hindu Businessline.

The said facility would serve as a a single window system which would aim to facilitate the businesses through a one-stop digital platform. The platform is being developed by bringing together several ministries and departments of the governments at the Centre and select states.

The officials from the Ministry of Commerce and Industry who are working on the project are said to be taking care that the national portal will integrate the existing clearance systems of various central and state government ministries and departments without disrupting their IT portals. This would ensure a single touchpoint for the investors.

The Investment Clearance Cell was announced by Finance Minister Nirmala Sitharaman in this year’s Union Budget.

Meanwhile, it should be noted that the Centre has already launched the GIS-enabled land bank under Industrial Information System (IIS) with six states including Haryana, Uttar Pradesh, Gujarat, Goa, Odisha and Telangana already part of it. The platform was launched on 27 August this year, and other states are also being boarded to the platform.