Challenge
What ensures business success in developing countries? The answer is ease of doing business while adhering to government regulations. But setting up business in India is a challenging journey requiring monitoring of investor-related applications and securing timely approvals from various government agencies. The lack of a single window clearance system to obtain approvals and No Objection Certificates (NOCs) leads to duplicity of data across various departments, hampering business establishment.
TCS Solution
TCS DigiGOV – EoDB is an online single window clearance system that supports ease of doing business. The solution serves as an investors’ facilitation portal enabling investors to submit all the required documents along with the online application. Leveraging TCS’ business acumen, the system efficiently performs application monitoring and clearance in a timely manner, accelerating application tracking and identifying establishments to be inspected based on computerized risk assessment. The results are clear: rapid data exchange among stakeholders and increased visibility into government policies, procedures, incentive schemes, checklist of documents, availability of infrastructure and approval timelines. Effective investor application clearance fuels business establishment. See how #TCS DigiGOVEoDB simplifies approvals.
Benefits
Ensured ease of doing business
Increased visibility in business regulations
Improved forecasting capabilities
Enabled single window for interaction
Simplified application filing process
Increased ownership in departments
Improved compliance policies and guidelines