: Govt announces to launch 'Atmanirbhar Niveshak Mitra' portal to promote domestic investments #FinanceIndia #StockMarketNEWS Govt announces to launch 'Atmanirbhar Niveshak Mitra' portal to promote

@StockMarketNEWS Mon 15 Mar, 2021

Posted in: #FinanceIndia #StockMarketNEWS

Govt announces to launch 'Atmanirbhar Niveshak Mitra' portal to promote domestic investments #FinanceIndia #StockMarketNEWS
Govt announces to launch 'Atmanirbhar Niveshak Mitra' portal to promote domestic investments New Delhi, Mar 13 (KNN) The Ministry of Commerce and Industry has announced setting up a dedicated portal named “Atmanirbhar Niveshak Mitra” to digitally facilitate investors.

“The Department for Promotion of Industry and Internal Trade (DPIIT), the Ministry of Commerce and Industry is in the process of finalising a dedicated digital portal,” a statement issued by the government said on firday.

The portal is in testing phase and the final version will be ready for launch by 15 May 2021. The webpage will also be available in regional languages and mobile apps in due course, it said.

It will digitally support investors throughout their doing business journey in India and help them getting all the information starting fr0m finding an investment opportunity to exploring incentives & taxes applicable to their businesses, information and assistance for doing business in India, sources of funding, information on raw material availability, training, management requirement and tender information, the statement added.

This is one of the most significant digital initiatives being undertaken to target the specific investor interests and ensure swift clearances & approvals throughout their business journey, it said.

The portal will have daily updates on policies and new initiatives by the Central and State government. There will be an AI (Artificial Intelligence) based chat bot for resolving queries. It will be an ‘all-in-one’ zone to access all MSME portals like Champions Portal, MSME Samadhaan, MSME Sampark, etc.

Investors can explore incentives and schemes across different sectors and States and do comparisons. There will be information on manufacturing clusters and land availability too.

This Project is under the “Invest India” agency which was set up in 2009 as a non-profit venture under the Department for Promotion of Industry and Internal Trade, Ministry of Commerce and Industry, Government of India. As on March 4, ‘Invest India’ have facilitated over 2. 34 lakh business requests fr0m domestic companies.

Currently several domestic companies have a dedicated relationship manager and are under active facilitation with indicative investments of Rs 31,725 crores and actual investments of Rs 9,375 crores generating a potential indicative employment of 77,213.

As far as Global Investors support is concerned, Invest India has facilitated 29,812 global business requests fr0m 162 countries. The team has been working with 1,384 companies out of which dedicated RMs have been assigned to 601 facilitation cases.