Who launched the National Single Window System for investors and businesses in India?
Show answer & explanation
Correct answer: B
Explanation
Correct Answer:
Piyush Goyal
Explanation:
The National Single Window System (NSWS) was launched to provide investors and businesses with a unified digital platform for obtaining various government approvals and clearances. It was launched by Piyush Goyal, the Union Minister of Commerce and Industry. The system aims to simplify, streamline, and make the investment approval process more transparent and efficient in India.
Key Points:
NSWS simplifies the investment approval process.
It integrates multiple government approvals on a single platform.
It promotes Ease of Doing Business in India.
It was launched by Piyush Goyal.
Additional Facts:
NSWS connects investors with multiple ministries and departments.
It supports the Digital India initiative.
It reduces time and cost involved in obtaining approvals.
Important Questions:
Q1: What is the main purpose of NSWS?
Ans: To simplify and unify the investment approval process.
Q2: Which ministry is associated with NSWS?
Ans: Ministry of Commerce and Industry.
Q3: Which initiative does NSWS support?
Ans: Ease of Doing Business.