(a) the works carried out by the Government during each of the last five years in respect of the initiative for ease of doing business;
(b) whether there is any system under which the Government has arranged a single window for business;
(c) if so, the details thereof;
(d) whether the Government has made any arrangement for providing loans to businessmen at short notice; and
(e) if so, the details thereof?
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THE MINISTER OF COMMERCE & INDUSTRY
(SHRI PIYUSH GOYAL)
(a): Department for Promotion of Industry and Internal Trade (DPIIT), in coordination with Central Ministries/Departments, States and Union Territories (UTs), has spearheaded various reforms to improve the business climate in the country. A summary of initiatives taken in this regard is given in Annexure.
(b) & (c): Yes, Sir. The State Reforms Action Plan prepared by Department for Promotion of Industry and Internal Trade (DPIIT) requires States and UTs to have a Single Window System across various Departments with the following features:
i. Allow online submission of application without the need to submit physical copies of the application.
ii. Eliminate physical touch-point for document submission and verification.
iii. Allow applicant to track status of application online.
iv. Ensure the applicant receives an SMS/e-mail notification as and when the application is submitted and/or query is raised and/or application is approved/rejected.
v. Mandate that all queries/clarifications related to investors'' application are sought in one go and within 7 days of receipt of the application.
Under the assessment exercise of States/UTs for the year 2017-18, 21 States/UTs have designed and implemented online Single Window System.
(d) & (e): Contactless digital lending has been initiated through PSBloansin59minutes.com which provides online in-principle approval for loans to Micro, Small and Medium Enterprises (MSMEs) and for housing and personal loans. Further, online bill discounting for MSMEs has been enabled on a competitive basis through the Trade Receivables electronic Discounting System (TReDS) platform.
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