Haryana frames Bill for business-friendly policies

Updated - March 02, 2016 05:41 am IST

Published - March 02, 2016 12:00 am IST - Chandigarh:

The Haryana government will bring a new law to simplify regulatory framework for businesses and set up single-point time-bound clearance system to ensure ease of doing business.

The State government has framed the Haryana Enterprises Promotion Bill, 2016, which seeks to provide for simplification of regulatory framework and a single point time-bound clearance system for speedy implementation of industrial and other projects, an official spokesperson said.

The Bill also aims at reducing the procedural requirements, rationalise the documents and ensure ease of doing business for the promotion of industrial development.

It will also facilitate new investments and provide for an investor friendly environment in the State.

The spokesperson said that the cornerstone of State Government’s Enterprise Promotion Policy, 2015 is ‘Ease of doing business and reduced cost of doing business’.

He said that all projects having investment of Rs 100 crore or more shall be considered by the Haryana Enterprise Promotion Board (HEPB) headed by the Chief Minister, for grant of clearances in respect of proposals relating to customised package of incentives for mega, ultra mega and other projects.

A two-tier system consisting of an Empowered Executive Committee (EEC) and District Level Clearance Committees (DLCCs) in each district, shall function for grant of project clearances.

The EEC/DLCC will exercise concurrent powers of competent authorities of 14 departments for statutory clearances for the specified services. All the projects having investment of Rs 10 crore or more and involving CLU cases of more than one acre land shall be considered by the EEC for grant of clearances. The government has uploaded the draft Haryana Enterprises Promotion Bill, 2016 on https://haryanaindustries.gov.in for seeking comments of all the stakeholders by March 11, 2016. -- PTI

0 / 0
Sign in to unlock member-only benefits!
  • Access 10 free stories every month
  • Save stories to read later
  • Access to comment on every story
  • Sign-up/manage your newsletter subscriptions with a single click
  • Get notified by email for early access to discounts & offers on our products
Sign in

Comments

Comments have to be in English, and in full sentences. They cannot be abusive or personal. Please abide by our community guidelines for posting your comments.

We have migrated to a new commenting platform. If you are already a registered user of The Hindu and logged in, you may continue to engage with our articles. If you do not have an account please register and login to post comments. Users can access their older comments by logging into their accounts on Vuukle.