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Single window approval for FDI
Why is it in news?
- As per a government official, a new, unified single window clearance system for foreign direct investment (FDI) proposals would be in place by March 31.
- The move is expected to make approvals transparent and expeditious.
Details:
- The single window clearance system will enable the potential investor to interact with all the Ministries whose approvals are required.
- The system is expected to be place by March-end of next year.
- Centre’s industrial information system for potential investors now includes details of land availability in as many as 14 States.