Andhra Pradesh to launch 'e-biz' portal for investors

HYDERABAD: Andhra Pradesh government is set to launch an 'e-biz' web portal next month to make it easier for investors to obtain licences and permissions for business.

Chief Minister N Chandrababu Naidu held a meeting on the proposed portal last week, where he was given a presentation on it.

So far, the investors have to go through lengthy processes to obtain permissions for setting up industries. The portal would make it easy to get permissions from anywhere in the world, said Parakala Prabhakar, Adviser(Communications) to the state government.

The permissions related to environment, power, labour and others can be obtained at a single desk once the portal is in place.

The Chief Minister hoped that the 'e-biz' portal would be helpful for prospective investors in setting up a company and expansion. Licencing fees and other money transactions can be done through the portal, according to a state government release.

The state government plans to train its employees in managing the portal and to stop the procedure of manual permission from April 1.

The Chief Minister has directed for linking the portal to Aadhar and making use of the bio-metric system.