DPIIT SINGLE WINDOW SYSTEM

DPIIT SINGLE WINDOW SYSTEM

Subject : Economy

Context : As many as fourteen States have given their consent to be part of the single window clearance system and the investment clearance cell that the Centre hopes to launch in April 2021 to provide all requisite clearances to investors at one point.

Concept :

• The Department of Policy for Industry and Internal Trade (DPIIT) is driving the exercise of building the single window system of clearances for investors and trying to get all stakeholders together.
• DPIIT hopes to launch the technology-driven single window clearance system for investors which would save investors the trouble of filling in multiple applications across different portals.
• The centralised Investment Clearance Cell, is being set up as part of the single window mechanism.

Significance

• The cell will be a one-stop digital national portal that integrates the existing clearance systems of various ministries/departments of the government and will have a single, unified application form.
• It would provide end-to-end facilitation support, including pre-investment advisory, information related to land banks and facilitating clearances at Central and state level.
• It will allow digital access to regulators, policymakers and facilitators at one point irrespective of their geographical location and also provide time-bound approvals and a real-time status update to investors.
• It will enable the potential investor to interact with all the ministries whose approvals are required, in the central government as well as in the states.