so as to affect better cost efficiency and optimal utilization of resources. Following this DIPP has
      developed Industrial Information System (URL:www.ncog.gov.in/IIS), a web-portal to capture
      information of all industrial clusters/zones/nodes/parks in existence and those which are in
      pipeline. The system has been developed in Open Source Software on the GIS layers developed
      by BISAG.
      Foreign Direct Investment Policy
            DIPP is the nodal department for formulation of the policy on Foreign Direct Investment
      (FDI). It is also responsible for maintenance and management of data on inward FDI into India
      based on the remittances reported by the Reserve Bank of India. With a view to attract higher
      levels of FDI, a liberal policy has been put in place on FDI under which FDI up to 100 per cent is
      permitted under the automatic route in most sectors/ activities. Significant changes have been
      made in the policy regime in recent times to ensure that India remains an increasingly attractive
      investment destination.
            After abolition of the Foreign Investment Promotion Board (FIPB), process for granting
      FDI approvals has been simplified wherein the work relating to processing of applications for
      FDI and approval of the government thereon under the extant FDI Policy and FEMA is now
      handled by the concerned ministries/departments. However, DIPP is a single point interface of
      the government to facilitate investors for FDI through approval route. In this regard, a new portal
      (http://www.fifp.gov.in) has been created which is administered by this Department to facilitate
      clearance of applications which are through approval route. DIPP is the nodal department for
      approvals in case of single brand retail trading, multi brand retail trading, food product retail
      trading, non-resident Indian/export oriented units investments. Cases pertaining to issue of shares
      against capital goods/ machinary/pre-operative and pre-incorporation expenses are also
      processed by DIPP.
      Investment Promotion
            The Department plays an active role in investment promotion and facilitation through
      dissemination of information on investment climate and opportunities within the country and by
      advising prospective investors about investment policies and procedures and opportunities.
      International cooperation for industrial partnerships is solicited through both bilateral and
      multilateral arrangements. It also coordinates with apex industry associations like Invest India
      (National Investment Promotion and Facilitation Agency), Federation of Indian Chambers of
      Commerce and Industry (FICCI), Confederation of Indian industry (CII), Associated Chambers
      of Commerce and Industry (ASSOCHAM), etc., in activities relating to promotion of industrial
      cooperation, both through bilateral and multilateral initiatives, intended to stimulate the flow of
      foreign direct investment into India.
      Ease of Doing Business
            In order to improve the business environment in the country, DIPP has taken up a series of
      measures to simplify and rationalize the regulatory processes (registration and inspection
      processes) and introduction of information technology as enabler to make governance more
      efficient and effective. States too have been brought on board in the process to expand the
      coverage of these efforts. DIPP has been closely working with the state governments and union
      territory administrations to help them identify constraints in doing business and improving the
      overall business environment. It launched an online portal to track implementation of reforms on