The Uttar Pradesh Chief Minister Yogi Adityanath has unveiled a new digital platform called Nivesh Mitra 3.0 which aims at making doing business in Uttar Pradesh easier and quicker. The new digital platform is part of initiatives by the state government to attract investments and ease of doing business in the region.
Nivesh Mitra 3.0 is the third phase of the single window clearance portal of the state. The platform facilitates easy access to government services for businesses. Through this digital platform, the government hopes to reduce red tape and enhance transparency and coordination amongst the different government departments responsible for clearing industrial and business projects.
As per reports, Nivesh Mitra 3.0 integrates around 200 different government services provided by over 40 departments. Entrepreneurs can seek multiple clearances from various government departments within a single window. The platform offers advanced services such as live chat using artificial intelligence technology, real-time information regarding clearances and other project management features.
One important aspect of the platform is its advanced Combined Application Form which ensures that business owners do not need to apply for different approvals separately from different departments. It will help in reducing the time taken for clearing any project proposals or investments significantly.
The improved portal makes use of land-bank data and digital infrastructure tools to help investors choose suitable places to undertake industrial initiatives. According to the government of Uttar Pradesh, the portal will offer increased transparency and facilitate real-time tracking of project approvals by the enterprises.
The emergence of the portal comes at a time when Uttar Pradesh is making strides towards becoming an ideal place for investment and industrial activities. The state officials have been emphasizing the development in infrastructure, expressways, industrial corridors, airports, and digital systems as the key reasons behind increased investment sentiments.
The industry chambers have welcomed the digitization measures taken up by the state government, saying that efficient clearances and less rigid compliance rules could attract both local and international investors. In addition, the association has stated that Nivesh Mitra plays a key role in Uttar Pradesh’s ambitions of achieving a trillion dollar economy in the coming years.
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With the launch of the Nivesh Mitra 3.0 portal, the state government has hoped that it will improve the ease of doing business and lead to the establishment of more industries within the state.
