Government is preparing to start digital portal to facilitate domestic investors

By Team MyNation  |  First Published Mar 12, 2021, 3:57 PM IST

In a massive move that will give a boost to domestic investments, the Union government is all set to launch Atmanirbhar Niveshak Mitra – a website that will have information, dissemination and facilitation of domestic investors
 

Bengaluru: In a massive move that will give a boost to domestic investments, the Union government is all set to launch Atmanirbhar Niveshak Mitra – a website that will have information, dissemination and facilitation of domestic investors, the commerce and industry ministry said. 

''In order to further strengthen efforts to promote domestic investments, the Department for Promotion of Industry and Internal Trade (DPIIT) is in the process of finalising a dedicated digital portal - Atmanirbhar Niveshak Mitra - for hand holding, information dissemination, and facilitation of domestic investors,'' a release said. 
From supporting investors throughout their business journey and help them get all the information starting from finding an investment opportunity to exploring incentives and taxes applicable to their businesses, sources of funding, raw material availability, training, management requirement and tender information, it will go a long way in helping business. Further, the government said the portal will have a dedicated digital investment promotion and facilitation team at Invest India.

''Currently, several domestic companies have a dedicated relationship manager (RM) and are under active facilitation with indicative investments of Rs 31,725 crore and actual investments of Rs 9,375 crore generating a potential indicative employment of 77,213,'' it added.


 

Read Exclusive COVID-19 Coronavirus News updates, at MyNation.

click me!