SRINAGAR: The Jammu and Kashmir government on Monday approved J&K Single Window (Industrial Investment and Business Facilitation) Act, 2018, which aims to ease flow of investments into the state.
“The governor’s administration approved the J&K Single Window Act, 2018. The act has been approved by the state administrative council (SAC), headed by governor Satya Pal Malik,” an official spokesman said.
Giving details of the act, Principal Secretary, industries, Shailendra Kumar said enactment of the act is part of the government’s flagship initiative to improve ease of doing business indicators.
The act aims at comprehensive and unprecedented overhaul of the outdated processes and procedures involved in setting up businesses in the state, he said.
Kumar said services of more than 12 departments have been brought together in an online service.
All services from the pre-operation, pre-establishment stage to the renewal stage are present in the single window portal, Kumar said.
He said the act involves setting up of three-tier committees at the state, division and district levels to ensure speedy clearance of business proposals.
The act minimises physical touch points with the official hierarchy, he explained, adding that greater compliance and transparency in the in-built grievance redressal mechanism was factored into the act.
Source: Press Trust of India
