New industrial policy in the works, says Industries Minister
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Single window portal is being upgraded: M.C. Sampath
Tamil Nadu Industries Minister M.C. Sampath on Friday stated the State authorities is in the technique of bringing out a brand new industrial policy and can be specializing in additional strengthening the financial and industrial development of southern districts.
The authorities is working in direction of bringing infrastructure and new investments into the Chennai-Kanniyakumari Industrial Corridor and has already acquired some new funding, he stated throughout the inaugural tackle at CII Tamil Nadu Ease of Doing Business 2020, held nearly on Friday.
Pointing out that Tamil Nadu was a pioneer in introducing the ‘single window’ system in the nation, he stated Tamil Nadu Guidance, which is the nodal company for funding promotion and facilitation for largescale traders, was creating an upgraded single window portal to enhance enterprise local weather in the State.
More provisions
“At present, 39 services, spanning 14 departments, are on the existing single window portal. The new portal will have 224 services, spanning 37 departments,” Mr. Sampath stated.
The new portal can have provisions to challenge deemed approval for eight companies, as per the Tamil Nadu Business Facilitation Act, 2018, he added.
Information on land
The State authorities is in the technique of implementing a complete land info portal to supply key particulars referring to land. Investors can receive planning and building permission and completion certificates by means of the building allow portal, Mr. Sampath stated.
During the COVID-19 pandemic, the State authorities signed 55 MoUs with an funding potential of ₹40,719 crore and the potential to create 70,000 jobs, he stated. The State had unveiled a number of insurance policies like the Aerospace and Defence policy, the revised IT policy, the e-vehicle policy and the Electronics and Hardware Manufacturing policy, he added.
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