Page 32 - Banking Finance October 2025

ARTICLE

try and Internal Trade (DPIIT), manages the NSWS project. systems with NSWS, creating state-specific single-win-
It plays a crucial role in: dow systems that align with national objectives. This
Designing the NSWS portal harmonization ensures that businesses can operate
smoothly across different regions.
Onboarding Central and State departments
Maintaining and monitoring the platform's performance
Challenges in Implementation
Ensuring a seamless experience for businesses
Despite its advantages, NSWS faces some challenges:
Full Integration Across All States: Not all state gov-
Role of NSWS in Foreign Direct Invest- ernments are fully onboarded yet, leading to gaps in
ment (FDI) approvals.

NSWS also facilitates the processing of Foreign Direct Invest- Integration of Additional Approvals: Some approvals
ment (FDI) approvals. Investors can submit proposals through are yet to be integrated, requiring businesses to visit
NSWS, which are then reviewed by the respective ministries. separate portals.
Department for Promotion of Industry and Internal Trade Awareness Among Businesses: Many small businesses
(DPIIT) oversees the progress and ensures timely approvals. and entrepreneurs are unaware of NSWS and continue
using traditional methods.
Additionally, NSWS helps investors understand FDI regula-
Technological and Operational Challenges: Ensuring
tions and requirements through user guides and support
features, making India a more attractive destination for smooth functioning and resolving technical glitches is
crucial.
global investors.

Way Forward
Impact of National Single Window Sys-
To maximize the benefits of NSWS, the following steps should
tem (NSWS) on Business and Investment be taken:

1. Encouraging Entrepreneurship Complete State-Wide Integration: Ensure that all
For startups and MSMEs, obtaining approvals has tra- states are connected to the platform.
ditionally been a major challenge due to multiple regu- Continuous Technological Upgradation: Improve sys-
latory layers. With NSWS, businesses can navigate the
tem performance and resolve technical issues.
approval process seamlessly, reducing the time and cost
Awareness Campaigns: Educate businesses, especially
of compliance.
MSMEs, about the advantages of using NSWS.
2. Attracting Foreign Direct Investment (FDI) Regular Monitoring and Feedback: Evaluate system
Foreign investors often face difficulties in understand- efficiency and make necessary improvements.
ing and complying with India's regulatory framework.
NSWS simplifies this by providing a clear roadmap of Conclusion
necessary approvals, making India a more attractive in-
The National Single Window System (NSWS) is a game-
vestment destination.
changer in India's business landscape, significantly improv-
3. Faster Project Implementation ing the ease of doing business by simplifying approvals, en-
Industries such as manufacturing, infrastructure, and hancing transparency, and reducing bureaucratic delays.
energy require multiple clearances before starting op- While challenges remain, with continuous improvements
erations. NSWS facilitates quicker approvals, leading to and widespread adoption, NSWS has the potential to posi-
faster execution of projects and economic growth. tion India as a global investment hub and fuel economic
growth. Entrepreneurs, businesses, and investors should
4. State-Level Reforms and Integration leverage this platform to streamline their operations and
Several states have already integrated their approval contribute to India's economic development.

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