What is National Single Window System?: National Single Window System is envisioned to reduce duplicity of information submission to different ministries, reduce compliance burden, promote sector specific reforms and schemes, reduce gestation period of projects, and promote ease of starting and doing business. So, National Single Window System is important for both UPSC Prelims and Mains. It covers Indian Economy and governance related issues.
Read Today’s prelims bits:
UPSC Daily Current Affairs – 06th December 2022 | Prelims Bits
The Centre is planning to let businesses use Permanent Account Number (PAN) as a unique identifier to enter into the national single window system (NSWS) for different clearances and approvals of central and state departments.
The National Single Window System brings together several State Governments, Central Ministries, and Departments onto one platform and provides a one-stop solution to investors to apply for approvals and registrations required during the pre-establishment and pre-operation stages of setting up a business in India.
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Ans. The National Single Window System (NSWS) is a digital platform for guidance of investors to identify and to apply for approvals as per their business requirements. The platform is built to serve as an advisory tool to identify approvals based on user input and is to be used for guidance purpose only.
Ans. The aim of the National Single Window System (NSWS) is to serve as a digital platform that acts as a guide for investors to identify and to apply for approvals as per their business requirements.
Ans. Invest India, under the guidance of the Department for Promotion of Industry and Internal Trade (DPIIT), manages the National Single Window System project and is involved in conceptualizing and designing the portal, onboarding of the various Ministries and States, maintaining the portal, and monitoring the performance of the portal.
Ans. The National Single Window System brings together several State Governments, Central Ministries, and Departments onto one platform and provides a one-stop solution to investors to apply for approvals and registrations required during the pre-establishment and pre-operation stages of setting up a business in India.
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