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TS IPASS – Telangana State Industrial Project Approval and Self Certification System – TS-iIPASS bill to provide speedy processing for issue of various licenses, clearances and certificates required for setting up of industrial undertakings for the promotion of industrial development and also to provide for an investor friendly environment in the Telangana State.
The TS-iPASS Bill was passed in the state assembly in November 2014. It claims to provide approvals to set up industries in Telangana within 15 days from the date of application. The government will release the guidelines and rules on industrial clearances and also launch a website for online approval system under TS-iPASS.
The TS-iPASS that was passed in November 2014, envisages providing complete clearance to set up industries within 15 days from the date of application.
As the TSiPASS is aimed at single-widow clearance in 15 days, the minister said that a chasing cell, as proposed by chief minister K Chandrasekhar Rao, would be set up in a week’s time.
TSiPASS issued First license
The Government of Telangana on Monday issued the first industrial clearance for setting up of a mega project under the Telangana State Industrial Project Approval and Self Certification System (TSIPASS) Act that was passed by the State Assembly on November 27.
Industries Minister Jupally Krishna Rao handed over the composite certificate of clearance to VST Industries, represented by its senior officials, for setting up a tobacco processing unit at Toopran in Medak District. The industry assured to employ 600 persons at the plant. It took 20 days to clear the project, the Minister said.
TS iPASS Key Features
■ Approval based on self-certification
■ Processing all clearances within 30 days
■ Applicants get right to timely clearances
■ Clearances for mega industries within 15 days
■ Common application form for all types of industries
■ Tax concessions for industries
■ Zero tolerance for corruption
■ Provision of penalty if departments delay clearances
■ Nodal Officer on lines of Singapore Economic Development Board
■ Minimum inspection and maximum facilitation
■ Pollution Clearances
■ Industries will be divided into four categories, green, orange, red 1 and red 2
■ Except red 2, rest will be cleared by State government.
TS iPASS Key Sectors
Life sciences, biotechnology, pharmacy, IT hardware, medical devices, communications, aviation, aerospace, defence, food processing, nutrition products, automobiles, farm equipment, transport vehicles, textiles, leather and apparel, plastics, polymers, fast moving consumer goods (FMCG) etc
TSiPASS official Website
Click here for TSiPASS official website
CM KCR Speach TS IPASS launch New Industrial Policy in HICC – Hyderabad(12-06-2015)