Published On:September 4 2015
Story Viewed 1665 Times

India Inc wants single-window clearance for new projects.

Top companies, including Godrej, Tata Group and GMR, have urged the government to go for a single-window system and time-bound clearance of new projects, simpler rules and regulations — especially those related to environment and forest — and land banks for industrial use to improve the ease of doing business in the country.

The suggestions, made to the Department of Industrial Policy and Promotion’s (DIPP’s) expert committee on regulatory approvals, will be used as inputs to draft legislation for a pre-existing regulatory mechanism for industry. It is to replace the existing system of multiple prior permissions.

'We have received inputs from a number of companies — some quite detailed — on the draft legislation being framed by the department. All suggestions will be considered,' an official from the DIPP told BusinessLine.


HBL


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