New Delhi: The authorities is engaged on organising a single window system for clearances and approvals of trade, Parliament was knowledgeable on Wednesday.
In a written reply to the Lok Sabha, Commerce and Industry Minister Piyush Goyal stated regardless of the presence of a number of IT platforms for investing in India comparable to in departments of the central authorities, and state single window clearances, traders have to go to a number of platforms to assemble data and acquire clearances from completely different stakeholders.
To tackle this, he stated, the creation of a centralised funding clearance cell which would offer end-to-end facilitation help, together with pre-investment advisory, data associated to land banks and facilitating clearances at central and state degree, was proposed.
“The government is working on setting up a Single Window System for clearances and approvals of industry in the country,” he stated.
He additionally stated the cell is being deliberate as a one-stop digital platform to acquire all requisite central and state clearances/approvals to start out enterprise operations in India.
The funding clearance cell can be a nationwide portal that integrates the prevailing clearance methods of assorted ministries/departments of the federal government and of states with out disrupting the prevailing IT portals of ministries and could have a single, unified utility type.
“This will eliminate the need for investors to visit multiple platforms/ offices to gather information and obtain clearances from different stakeholders and provide time-bound approvals and real time status update to investors,” Goyal stated.
In a separate reply, he stated representations alleging violation of legal guidelines by e-commerce firms, have been acquired.
“In this regard, representations received are being examined by the Department for Promotion of Industry and Internal Trade and certain alleged contraventions under the FDI Policy, are also being investigated against certain e-commerce retail companies under provisions of Foreign Exchange Management Act, 1999 by the Directorate of Enforcement,” he stated.
Further, he stated a number of complaints towards e-commerce entities, together with associated affiliate/holding firms, that are working as market platforms, on-line sellers/service suppliers, search engines like google service suppliers working in several verticals and so on, relating to anti-competitive behaviour, are being seemed into by the Competition Commission of India.