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Telangana Industrial Policy Highlights

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KCR the macho man is flying high in the sky, his dream of a single window Industrial Policy is now a reality. You need all the guts to table a bill of this stature which is seen no where in the world.

Today in the assembly KCR presented the bill and took suggestions from the members of the house and the bill was passed unanimously. Whether this bill will boost the investments and change the fortunes of telangana is what is to be known in the near future!

Also Read: Telangana Industrial Policy Framework

Telangana Industrial Policy Highlights

TS-iPASS – Beyond Single Window

1) First time in the world that a right to timely clearances provided
2) First time in India self-certification being accepted
3) First time, the time limits for clearances specified in the Act itself rather than in the rules
4) 15 day clearance for mega projects – first in the country
5) Penal provision if departments delay clearances
6) A single Common Application Form prescribed
7) Applicant need not go to different departments—this will be done by the Nodal Officer—like the Singapore Economic Development Board (EDB)
8) Grievance Redressal mechanism will be created
9) Applicant also liable for action if self-certification is false
10) Graft free and zero tolerance to corruption
11) Minimum inspection and maximum facilitation

Pollution Concerns

Industries are in four categories—Green, Orange, Red 1 and Red 2. Only Red 2 category has to go to Government of India. 90% of applications will be within purview of State Government.

Industrial Policy Frame Work

1) Zero graft, zero tolerance to corruption

2) Peaceful, secure and progressive business regulatory environment

3) Industrialization shall be inclusive and facilitate social equality

4) Minimum inspection-maximum facilitation

5) 14 thrust areas

i. Life Sciences including biotechnology and pharma
ii. IT Hardware including medical devices and communications
iii. Aviation, aero-space and defense
iv. Food processing and nutrition products
v. Automobiles, farm equipment and transport vehicles
vi. Textiles, leather and apparel and related products
vii. Plastics and polymers
viii. Fast moving consumer goods (FMCG) and domestic appliances
ix. Engineering and capital goods
x. Gems and Jewellery
xi. Waste management and Green technologies
xii. Renewable energy and solar parks
xiii. Mineral and wood based industries
xiv. Transportation and logistics

6) Attractive incentives to Small and Micro industries

7) Ancillary and vendor development linked to major industry

8) Special package for SC/ST/Women/PH

9) Direct loaning to SC/ST and PH

10) Marketing assistance to MSME sector

11) Program for traditional art and handicrafts

12) Plug and play infrastructure in industrial parks

13) 10% water earmarked for industry

14) Transparent and equitable land allotment in industrial parks

15) Industrial housing as part of industrial park development

16) Skill development in industrial parks in collaboration with industry

17) Local body status for industrial parks

18) Rationalization of taxes to encourage local industry

19) Review of all obsolete laws that impact industrialization

20) Industrial corridors and district industry parks to encourage growth of industry across the state

SPECIFIC INITIATIVES FOR 2014-15

• New Pharma-City and Chemical City with well-developed infrastructure including waste management
• Development of the Hyderabad Warangal Industrial Corridor
• Development of Warangal as the textile hub of Telangana
• Food Processing and Seed Production Initiatives
• Exclusive Aero-space and defense policy
• Mini-industrial townships along with industrial parks
• Direct loan facilitation to Dalit entrepreneurs
• Creation of a Venture Capital/Angel Fund
• Inter-state VAT rationalization on industrial inputs and outputs
• Review and Reform of all age old industry sector regulations, including labour laws

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