Bhopal: First in the country; MP cabinet approves Time-bound Clearance Act-2020

Bhopal: First in the country; MP cabinet approves Time-bound Clearance Act-2020

The government approved the Time-bound Clearance Act-2020 at a cabinet meeting on Wednesday.

Staff ReporterUpdated: Thursday, February 20, 2020, 06:44 AM IST
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Kamal Nath |

BHOPAL: The state government has taken two major decisions to facilitate industrialists.

The Act, the first of its kind in the country, will be put up before the House before its implementation.

According to the Act, 40 licences of ten departments will be given to industrialists within time limit.

Licence not given within time limit will be treated as deemed permission, and an industrialist can start work on the basis of that.

Provision for punishment to those officers who will not give permission within time limit has also been made in the Act. Besides industries, the investors in MSME, tourism and IT sector will be given the above facility.

One day has been fixed for giving 25 types of licence. Seven days for ten types of licence and 15 days for five have been set as time limit.

If the permission is not given within the fixed time, a consulting officer can use the digital signature of the officer and give the permission. An investor has to apply through MP’s Invest Portal. There has been a provision that applications will be accepted only through portal.

If an investor seeking permission through portal has no proven records of violating laws up to two years, his credentials will not be inspected only once in a calendar year.

Industrial houses to get power at Rs 4 per unit

Industries Department has been given the responsibility to supply power to the industrial units in Mohasa Babai that has been declared an industrial town.

Industrial Development Corporation has been authorized to put up application to the Electricity Regulatory Commission (ERC) for the purpose.

Industries Department will buy electricity from the Power Trading Corporation through ERC and supply it to the industrial units.

This will help the industrial houses get power at Rs 4 per unit. Accordingly, the industrial units will earn a profit of Rs 2 per unit. At present, the industries department is supplying power to Pithampur industrial town at Rs 4.13 per unit.

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