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    New industrial policy in the works, says Industries Minister

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    New industrial policy in the works, states Industries Minister

    Single window portal is being updated: M.C. Sampath


    Industries Minister M.C. Sampath.
    | Image Credit:
    S. James.

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    Single window portal is being updated: M.C. Sampath

    Tamil Nadu Industries Minister M.C. Sampath on Friday said the State government remains in the process of drawing out a new commercial policy and is also focusing on additional reinforcing the financial and commercial growth of southern districts.

    The federal government is working towards bringing infrastructure and brand-new financial investments into the Chennai-Kanniyakumari Industrial Passage and has already received some brand-new financial investment, he said throughout the inaugural address at CII Tamil Nadu Alleviate of Operating 2020, held essentially on Friday.

    Explaining that Tamil Nadu was a leader in presenting the ‘single window’ system in the country, he said Tamil Nadu Guidance, which is the nodal agency for financial investment promotion and assistance for largescale financiers, was developing an upgraded single window website to enhance service environment in the State.

    More provisions

    ” At present, 39 services, spanning 14 departments, are on the existing single window website. The brand-new portal will have 224 services, covering 37 departments,” Mr. Sampath stated.

    The new website will have provisions to release considered approval for 8 services, as per the Tamil Nadu Company Assistance Act, 2018, he included.

    Information on land

    The State government remains in the procedure of carrying out a thorough land details website to supply crucial information connecting to land. Financiers can acquire planning and construction permission and completion certificate through the building permit portal, Mr. Sampath said.

    During the COVID-19 pandemic, the State federal government signed 55 MoUs with a financial investment potential of40,719 crore and the prospective to develop 70,000 tasks, he stated. The State had revealed a number of policies like the Aerospace and Defence policy, the revised IT policy, the e-vehicle policy and the Electronic devices and Hardware Manufacturing policy, he included.

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    Tamil Nadu.
    ( the heading, this story has actually not been released by Crucial India News personnel and is released from a syndicated feed.).

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