Haryana frames Bill for business-friendly policies

Updated - March 02, 2016 05:41 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

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