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Indian authorities are keen on cutting excessive 'red tape' and working on the licenses and regulations to attract significant FDI from prospective investors and institutions. The Industrial License has been made online on a e-Biz portal with validity extended to three years. The single window platform is facilitated by integration of Central Government Departments and Ministries. [caption id="attachment_7073" align="aligncenter" width="621"] Arvind Subramanian provided an interim update on the economy on the occasion of NDA’s first anniversary. Photo: Ramesh Pathania/Mint[/caption]

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