Single Window System grants Rs 4.81 lakh approvals

The government Friday said that till October 14, 7.1 lakh approvals have been applied and 4.81 lakh approvals have been granted via the National Single Window System including foreign direct investment (FDI) approvals, petroleum-related services, hallmarking and start-up registration. The national portal integrates the existing clearance systems of the various ministries and departments of the centre and state governments.

In its year end review, the Department for Promotion of Industry and Internal Trade (DPIIT) also said that from 2000 to 2024, a total FDI inflow of $991 billion was recorded, with 67% received during the last ten financial years (2014-2024).

The department also said that the production linked incentive schemes for 14 sectors have achieved significant milestones, including investments of ₹1.46 lakh crore, production/sales of ₹12.5 lakh crore, exports worth ₹4 lakh crore and employment for 9.5 lakh individuals.