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Telangana to introduce new industrial policy

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The Telangana government will bring out a legislation in the budget session to introduce a new industrial policy for the new state.

KCR_11“We will give all the permissions in just fifteen days. The CMO will supervise the single window system we are going to introduce in the policy,” K Chandrasekhara Rao, the chief minister, said.

Addressing a gathering after inaugurating the manufacturing facility of Cogent Glass here on Thursday, he promised a zero graft mechanism to remove all the hassles in seeing up industries.

He said the officials have completed consultations with the industry and took their feedback.

The plant, which manufactures bottles for pharmaceutical industry, is located on the Hyderabad-Bangalore highway.

He said the government would spend Rs. 20,000 crore in the next five years to revitalise minor irrigation that had been completely neglected by the successive governments before the bifurcation.

Source:thehindubusinessline

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