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Telangana’s Industrial Policy To Be Out In 3 Days

Telangana Chief Minister K Chandrashekar Rao said the State’s Industrial policy will be out in 3 days and it would combine the best of suggestions and policies the State Government looked at in last 2 months. Speaking with a group of delegation led by Piramal Group chairman Ajay Piramal, he assured that the policy would be implemented in its letter and spirit.

He reiterated a ‘chasing cell’ would be monitoring from the CMO the progress of investment in the industrial sector by industrialists from all over the country and abroad. He said that the government would identify a land bank, declare that land exclusively for industrial purpose, develop it in all aspects, provide power and water and then place it at the disposal of the industrialists. The Telangana State Industrial Infrastructure Corporation (TSIIC) would be the single agency handling this whole exercise cutting down the complexity.

Chief Minister said that right now about two lakh acres of land is available to establish industries and all this would be allotted to Telangana State Industrial Infrastructure Corporation (TSIIC) and the whole area would be brought under single window act.

He offered Piramal to provide required facilities and told him to come and establish industries of their choice. The Chief Minister said in future there would be zero corruption in the State unlike in the past.

He also said that after declaration of the Industrial Policy, it simply requires for an industrialist to download application from the website, fill it and apply for an industry. After establishing the genuineness of the applicant with scrutiny in a day or two, a call would go to the industrialist to come to Hyderabad and meet the Chief Minister.

The prospective industrialists would be received at the airport by the State government protocol department and would be taken straight to the Chief Minister for presentation of the project case. The Industrialists need not go to several places for clearances and through single window all clearances would be given in two weeks time.

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