The Department for Promotion of Industry and Internal Trade (DPIIT) is in the process of setting up of a mechanism to handhold investors and help them set up their facilities in India, a senior government official said on Monday.
DPIIT Secretary Guruprasad Mohapatra said that the proposal is being sent to the Commerce and Industry Minister Piyush Goyal for approval, following which it will set up an investment promotion and facilitation agency Invest India. It will be funded by the DPIIT.
“Very soon we will be announcing it. Within Invest India, another format in which we actually do hand-holding from investment query that anybody makes to operationalising it in the field…,” he said here at a function.
Source: Economic Times
