NSWS Portal Approves 4.81 Lakh Applications
Dec 20, 2024 18:41
Over 4 lakh applications have been approved through the National Single Window System (NSWS) portal till October 14, 2023. The portal integrates clearance systems of various ministries and state governments.
Illustration: Dominic Xavier/Rediff.com
New Delhi, Dec 20 (PTI) Over 4 lakh applications have been approved through the National Single Window System (NSWS) portal till October 14 this year, the commerce and industry ministry said on Friday.
The national portal integrates the existing clearance systems of the various ministries/ departments of the Centre and state governments.
Currently, approvals granted by 32 ministries/ departments and 29 states/UTs single window systems have been integrated with the portal.
It also said that a total of 277 central approvals and 2,977 state approvals can be applied through NSWS.
"Till October 14, 7.10 lakh approvals (applications) have been applied and 4.81 lakh approvals have been granted via NSWS, including FDI approvals, petroleum-related services, hallmarking and startup registration," a ministry statement said.
The ministry also said that the PLI (production linked incentive) schemes for 14 sectors have achieved significant milestones, including investments of Rs 1.46 lakh crore (USD17.5 billion), production/sales of Rs 12.50 lakh crore (USD 150 billion), exports worth Rs 4 lakh crore (USD 48 billion), and employment for 9.5 lakh individuals.
Over 1,300 manufacturing units across 14 sectors under 10 ministries/departments have been established in 27 states/UTs.
It also said that from 2000 to 2024, a total FDI inflow of USD 991 billion was recorded, with 67 per cent (USD 667 billion) received during the last ten financial years (2014-2024).
"FDI equity inflow in the manufacturing sector increased by 69 per cent, rising from USD 98 billion in 2004-2014 to USD 165 billion in 2014-2024," it added.
DISCLAIMER - This article is from a syndicated feed. The original source is responsible for accuracy, views & content ownership. Views expressed may not reflect those of rediff.com India Limited.
You May Like To Read
MORE NEWS
Nepal Allows Indian High-Value Notes After Ban
Nepal lifts decade-long ban on Indian high-value currency notes (Rs 200 & Rs 500) up to...
SBI Yono 2.0 Launched; Hiring 10,000 Staff
SBI launches Yono 2.0 & plans to hire 10,000 staff to help customers migrate to digital...
Ravi Ranjan Appointed SBI MD
Ravi Ranjan appointed Managing Director of State Bank of India (SBI). He succeeds Vinay...
KSH International IPO: Rs 213 Cr from Anchor...
KSH International raises Rs 213 cr from anchor investors ahead of its IPO. IPO opens...
NCDEX Gets Sebi Nod for Mutual Fund Platform
NCDEX receives Sebi approval for mutual fund platform, paving the way for equity...
WhatsApp Data Sharing: NCLAT Clarifies User...
NCLAT mandates user consent for WhatsApp data collection, including advertising. Learn...
Pajson Agro IPO Subscribed 6.59 Times on Day 3
Pajson Agro India''s Rs 74.4-cr SME IPO subscribed 6.59 times on final day. IPO...
Battery Storage Cost Falls: Rs 2.1/Unit, Power Min
Battery energy storage (BESS) cost drops to Rs 2.1/unit from Rs 10.18 in 2022-23....
India Rice Exports to US: No Dumping, Says...
Commerce Secretary clarifies India exports expensive basmati rice to the US, refuting...
360 One Raises Rs 2,300 Cr Realty Fund
360 One Asset raises Rs 2,300 crore real estate fund, deploying majority in projects....
Read More »