The Ministry of Commerce & Industry has, through a Press Release dated 5th February 2021, declared its plan for setting up a One-stop digital platform to obtain all requisite central and state clearances/ approvals required to start business operations in India.
The Investment Clearance Cell will be a National portal that integrates the existing clearance systems of the various Ministries/ Departments of Govt. of India and of State Governments without disruption to the existing IT portals of Ministries and will have a single, unified application form. This platform shall 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.
Source: PIB
