News Brief | September 2014
Online platform for project approvals
The Central government has launched an online platform for all project approvals. This will help companies get multiple approvals to start a project through a single online platform. The Project Monitoring Group (PMG) in the cabinet secretariat had initially identified two dozen approvals that are required from the Central government, while another 35 clearances needed from the States but the first round of discussions has shown that the number of online approvals is set to rise significantly. So, clearances from SEBI, Employees Provident Fund Organisation, Reserve Bank of India as well as from States, including those related to the land acquisition law, town and country planning department or the Electricity Act will be available through one platform, e-biz. The idea is to digitise the processes and then get on e-biz, which was conceived 5 years ago.