Article Title: National Single Window System
06-01-2023
Economy Prelims Plus
Why is in news? National Single Window System crosses 75 thousand approvals and gets 4.2 lac visitors from 157 countries
National Single Window System, NSWS Portal for various Central, State, and UT clearances has hit a new milestone by crossing 75 thousand approvals.
The portal has received 4 lakh 20 thousand unique visitors from 157 countries since its inception. More than one lakh fifty thousand investors have used the KYA (Know Your Approvals) Module of NSWS to know the list of approvals.
A total of 75 thousand 599 approvals have been granted out of over one lakh 23 thousand applications received.
The National Single Window System (NSWS) platform was soft launched in September 2021 by the Ministry of Commerce and Industry.
NSWS is providing a single interface to apply for all G2B clearances from various Ministries and Departments as well as eliminating duplication of work.
It is a one-stop digital platform that aims at allowing investors to apply for various pre-operations approvals required for commencing a business in the country.
It makes the business registration process easier, allowing the beneficiary to get significant approvals online, without having to run to the government offices for approvals and can avail themselves of services with just a click.
It would become a “one stop shop” for state and Central government compliances and bring transparency, accountability and responsiveness in the ecosystem.
It will also offer a Know Your Approvals service to inform businesses of the details of all the approvals they need to obtain as well as a common registration form, document repository and e-communication module.
It will provide strength to other schemes e.g. Make in India, Startup India, PLI scheme etc
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