Yogi Government’s initiative ‘Nivesh Sarathi’ emerging as the biggest adviser of investors

Lucknow :  The Yogi Adityanath government is emphasising on the ‘ease of starting businesses’ in addition to being recognised nationally for its ‘ease of doing business’ environment.

In this regard, the ‘Nivesh Sarathi’ website launched by Chief Minister Yogi Adityanath is not only proving to be very helpful but also facilitating easy process of investments online for investors. To present Uttar Pradesh as an investment-friendly state, not only easy business opportunities are being made available to the investors, but various exemptions are also being provided to start businesses. It has been decided to provide exemption in all areas including land lease, and stamp

*MoUs through Nivesh Sarathi portal directly being supervised by CM Office

duty, depending on the amount of the investment, geographical conditions and sector, for setting up enterprises.

The CM’s office is directly monitoring the MoUs through the Nivesh Sarathi portal and is also working to implement the investment proposals. On the instructions of Chief Minister Yogi Adityanath, for proactive investor connect and handholding as well as signing of MoUs and monitoring of their implementation, ‘Nivesh Sarathi’ has emerged as a one-stop centre for all of the investors’ needs.

On the other hand, the “Nivesh Mitra” portal, the UP government’s single-window clearance system, is the biggest aid to business owners in beginning a new project. About 3.50 lakh online NOCs have been given through the Nivesh Mitra portal. On the same lines, Nivesh Sarathi has been further upgraded and dedicated to investors.

An Online Incentives Monitoring System (OIMS) has been implemented under the Nivesh Mitra portal by the Government of Uttar Pradesh to provide online incentives and to simplify the process. Incentives will be processed, sanctioned and paid through this centralized system. The portal has been developed in such a way that it will automatically understand the business trend and give an opportunity to apply the incentives available under the policy of the concerned department.

The portal will also ensure that the process of incentive is processed online in the concerned department and investors can track its status at each stage. The portal also has a leadership dashboard, which is being used by the concerned department heads to monitor the online incentives process of the investors. This helps in timely disposal of incentives in a transparent manner.

The portal is also providing online application filing and tracking, besides answering queries related to portfolios of investors. Letter of Comfort (LOC) is also being issued through the portal. There is a separate login facility on the portal for nodal agencies, administrative departments, concerned departments and officials of the Uttar Pradesh government. Along with this, the portal will be able to upload and forward the agenda/appraisal of committee meetings of nodal agencies and departments. This portal will act as a one-stop solution for investors for all their incentive-related problems.

Apart from giving investors all the information related to investment in the state and encouraging them to invest, MoUs are also being signed on the Nivesh Sarathi portal itself. This is the biggest initiative of the government. Through this portal, investors have been able to file investment intent and monitor/supervise the investment and project.

Apart from serving as an interface between communication between the investor and the department, the portal also provides the facility for uploading and downloading forms. About 35 nodal officers of different departments are solving the problems of the investors on this portal. As per the intention of the Chief Minister, this portal is not only solving every problem of the investors but through this new avenues of investment are opening in the state.

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