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Business Immunity Platform

Topics Covered: Important aspects of governance, transparency and accountability, e-governance- applications, models, successes, limitations, and potential; citizens charters, transparency & accountability and institutional and other measures.

Business Immunity Platform

What to study?

For Prelims and Mains: Overview and key features of the platform, about Invest India.

Context: Invest India has launched The Invest India Business Immunity Platform.

About Business Immunity Platform:

  1. The platform is designed as a comprehensive resource to help businesses and investors get real-time updates on India’s active response to COVID-19 (Coronavirus).
  2. This dynamic and constantly updating platform keeps a regular track on developments with respect to the virus, provides latest information on various central and state government initiatives, gives access to special provisions, and answers and resolves queries through emails and on WhatsApp.
  3. It is the active platform for business issue redressal, operating 24/7, with a team of dedicated sector experts and responding to queries at the earliest.

What is Invest India?

  • Invest India is the National Investment Promotion and Facilitation Agency of India, set up as a non-profit venture under the aegis of Department of Industrial Policy & Promotion, Ministry of Commerce and Industry, Government of India.
  • It facilitates and empowers all investors under the ‘Make in India’ initiative to establish, operate and expand their businesses in India.
  • Operationalized in early 2010, Invest India is set up as a joint venture company between the Department of Industrial Policy & Promotion (DIPP) (now renamed as Department for Promotion of Industry and Internal Trade (DPIIT)), Ministry of Commerce & Industry (35% equity), Federation of Indian Chambers of Commerce and Industry (FICCI) (51% equity), and State Governments of India (0.5% each).

Sources: pib.