What’s in the news?
- Union Minister for Commerce & Industry Piyush Goyal has launched the National Single Window System (NSWS) for investors and businesses which will become a one-stop-shop for investors for approvals and clearances.
- This would bring Transparency, Accountability & Responsiveness in the ecosystem and all information will be available on a single dashboard. An applicant Dashboard would be available to apply, track & respond to queries.
- Services include Know Your Approval (KYA), Common Registration & State registration Form, Document repository & E-Communication.
- The portal as of today hosts approvals across 18 Central Departments & 9 States, another 14 Central Departments & 5 states will be added by Dec’21.