By Bizodisha Bureau, Bhubaneswar, October 3, 2019: GO-SWIFT- Government of Odisha Single Window Investment Facilitation & Tracking, has received 1000 investment proposals. The portal was launched only two years back.

The 1000th proposal has come from unnamed Mumbai-based chemical manufacturer, which has pledged to invest Rs 162 crore to install a manufacturing unit to produce chemicals that can be used in water treatment. The planned facility will have an annual capacity of 72,000 cubic metres. The project has the potential to generate direct and indirect employment for 125 people, officials said.

GO-SWIFT provides all information and clearances that investors need in a time-bound, hassle-free, paperless and transparent manner. Interestingly, GO-SWIFT has improved the efficiency of the approval process for both new and existing industries across 32 services from 15 state departments.

“Odisha’s single window system was designed and launched in November 2017 by chief minister Naveen Patnaik, to provide a one-stop-shop for all industries throughout their investment life cycle. In a span of less than two years, the portal has received its 1000th application, which is a testament to its tremendous success for facilitating industrial projects Odisha. We will definitely continue to raise the bar for ease of doing business and are focused on speedy implementation of projects on the ground,” minister for industries, MSME and energy, Dibya Shankar Mishra said,

Earlier, the GO-SWIFT portal had received the projects of leading investors like Indian Oil Corporation (IOC), Haldia Petrochemicals, Aditya Birla Fashion, ITC Foods, Vedanta and JSW Cement. The proposals were later vetted and approved by the State Level Single Window Clearance Authority.

A first-of-its-kind portal in the country, GO-SWIFT provides information on business reforms and policy initiatives. The investor dashboard on the portal allows users to track the real-time status of their application and get alerts via SMS and email. GO-SWIFT also has a department dashboard for senior government officials to use and track the industrial units in the state.