- Significance:
- A digital platform for investors to identify and apply for approvals.
- Removes the requirement of running to government offices for approvals.
- Enhances ease of doing business and ease of living.
- Brings transparency, accountability, and responsiveness.
- All information and application tracking available on a single dashboard.
- Addresses information asymmetry and duplication of information.
- Simplifies tracking of approvals and registration.
- Aims to attract foreign direct investment (FDI).