Single Window Approval System for Industries

Shankar School of Banking February 6 , 2021 652

NATIONAL NEWS

IAF and HAL have operationalised an e-Portal as part of Inter-Organisational Information Sharing System (IOIS) during the Aero India 2021.
The e-Portal will optimize long-term sustenance planning and reduce repair and overhaul cycle time.
This will enhance optimization of task and increase efficiency in productivity and availability of spares to IAF.
The initiative was launched by the Chief of the Air Staff, Air Chief Marshal RKS Bhadauria

NAI ROSHNI SCHEME

Nai Roshini scheme is implemented to empower and instill confidence in women.
It is the scheme for Leadership development of Minority Women by providing knowledge, tools and techniques for interacting with Government systems, banks and other institutions at all levels.
The scheme provides for six days training programme followed by handholding for a period of one year.
The Scheme is being implemented through Non-Governmental Organisations empanelled under the NaiRoshni Scheme as per scheme guidelines in force in the year 2012.
So far 402215 women were trained under the Scheme – Leadership Development of Minority Women all over the country.

The Ministry of Corporate Affairs is set to launch the data analytics driven MCA21 Version 3.0.
MCA21 V3 Project is technology-driven, aimed to strengthen enforcement, promote Ease of Doing Business, facilitate seamless integration and data exchange among Regulators.
The project will have Micro-services architecture with high scalability and capabilities for advanced analytics.
This Version will have additional modules for e-Adjudication, e-Consultation and Compliance Management.
As part of MCA21 V3, a MCA LAB is being set up, o evaluate the effectiveness of the additional modules and suggest enhancement of on an on-going basis.
MCA21 system is the first Mission Mode e-Governance project of Government of India launched in March, 2005.

The Ministry of Skill Development and Entrepreneurship under Skill India Mission launched the third phase of Pradhan Mantri Kaushal Vikas Yojana (PMKVY 3.0) on 15.01.2021
PMKVY 3.0 is a demand driven programme, with bottom-up planning for identification and mapping of job roles.
The scheme aimed to train 8.00 lakh people across the country with an outlay of Rs. 948.90 Cr.

Fact:

India and EU have agreed to further deepen bilateral trade and investment relationship in the 1st India-EU High Level Dialogue on Trade and Investment.
Commerce and Industry Minister Piyush Goyal and the European Union Executive Vice-President and Trade Commissioner Valdis Dombrovskis co-chaired the 1st India-EU Dialogue held on 5^th February.
They also agreed to meet within the next three months to reach a consensus on a host of bilateral trade and investment cooperation issues such as a bilateral Regulatory Dialogue and an India-EU Multilateral Dialogue.

India and Bahrain have agreed to engage in the field of renewable energy.
The Joint Working Group in the field of Renewable Energy which held its first meeting in virtual format, pointed out the importance of renewable energy to meet climate change goals.
A Memorandum of Understanding was signed in July 2018 between India and Bahrain for promoting bilateral cooperation in the field of Renewable Energy.

Facts about Bahrain:

Startup India Seed Fund Scheme (SISFS) aims to provide financial assistance to startups for proof of concept, prototype development, product trials, market entry and commercialization.
It has been approved for the period of next four years starting from 2021-22. It will be implemented with effect from 1st April 2021.
Rs. 945 Crore corpus will be divided over the next 4 years for providing seed funding to eligible startups through eligible incubators across India. The scheme is expected to support about 3600 startups.

The Central Government is working on setting up a Single Window System for clearances and approvals of industry in the country.
The cell is being planned as a One-stop digital platform to obtain all requisite central and state clearances/ approvals required to start business operations in India.
The Investment Clearance Cell will be a National portal that integrates the existing clearance systems of the various Ministries/ Departments of Govt. of India and of State Governments without disruption to the existing IT portals of Ministries and will have a single, unified application form.
The creation of a centralized Investment Clearance Cell which would provide end-to-end facilitation support, including pre-investment advisory, information related to land banks and facilitating clearances at Central and State level was proposed and the same is also a Budget Announcement 2020-21.

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