National

Naidu directs project clearances within 3 weeks

M. Somasekhar  Hyderabad | Updated on December 16, 2014 Published on December 16, 2014

Andhra Pradesh is setting an ambitious task of granting approval to industries within 21 days. The State Chief Minister, N Chandrababu Naidu has directed the industries department to give clearances within three weeks of application.

At a review meeting on the state’s new industrial policy that is yet to be unveiled, Naidu said that (28 types of) approvals needed for industries will be covered under this. Industrialists and investors should get clearances in a hassle-free way for their projects to create a conducive industrial environment.

His response came in reaction to industries department officials informing that according to the current industrial policy, building plan, concern for establishment, power and fire approvals are being granted within 90 days.

The Chief Minister suggested the industries department to prepare a manual with a set of rules that will serve as a guide to investors. He added that escort executives will be appointed to act as a bridge between the government and industrialists. These executives will be responsible for clearances for the project.

He urged that the new industrial policy should also clarify the role of service sector (that generates more jobs) than just focusing on manufacturing sector alone. Naidu asked officials to set up a control room which will update investors about their applications’ status. The Chief Minister also suggested that a time-period be framed for clearances from the Pollution Control Board.

The new policy, Naidu said, should keep the interests of BC, SC, ST, Muslims and Minorities women to become entrepreneurs. To create a start-up ecosystem, the CM suggested that every industrial zone should house an incubation centre.

He also reviewed the incentives on Stamp Duty and VAT exemption and power subsidies

Published on December 16, 2014
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