E-biz project, one-stop shop for approvals & certificates, takes off
Following a series of steps to promote financial savings and the plan to set up a National Investment Board to fast-track infrastructure projects, it has now made major headway in securing consent of most departments for an ambitious plan to set up a one-stop shop — called the e-Biz project — for investors to get various approvals, compliance certificates and make related payments.
According to sources, the Controller General of Accounts (CGA) has approved the standard operating procedure of the e-Biz automated payment gateway and nine central government agencies, including the departments of industrial policy and promotion and labour, Employees’ State Insurance Corporation and the Central Board of Direct Taxes, have agreed to integrate their services with the project.
Sources added a clutch of other departments/agencies – including the Central Board of Excise and Customs, corporate affairs, Directorate General of Foreign Trade, the Reserve Bank of India – too are likely to join the platform shortly. Though the ministry of environment & forests refused to be part of the composite approval package, it has agreed to join through a hyperlink. Efforts are on to link land-related clearances and transactions.
As per a schedule finalised earlier this week following the crucial CGA nod, the project will be soft-launched in five states – Delhi, Maharashtra, Tamil Nadu, Andhra Pradesh and Haryana
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