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Investment Promotion Reforms

Posted on: March 10, 2021 | Back | Print

Investment promotion is a multidimensional and complex process which requires continuous efforts to be channelized around Ease of Doing Business, FDI reforms, skill development, infrastructure creation and fiscal incentives. To make India the most preferred investment destination all these activities have been brought into focus after the launch of Make in India initiative in September, 2014.

Department for Promotion of Industry and Internal Trade (DPIIT) is spearheading investment promotion activities in the Government of India. It has put in place a comprehensive FDI policy regime by bringing more activities under the automatic route, increasing sectoral caps and easing conditionalities. Numerous measures have been undertaken to improve the business environment of the country by engaging with the State Governments. Offering information to potential investors on land availability, setting up a single window system for quicker clearances, focus on Subsectors for Atmanirbhar Bharat, promoting Startups and setting up institutional arrangements for promoting investment are the other prominent reforms undertaken for investment promotion.

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