This act my be called as ''TELANGANA STATE INDUSTRIAL PROJECT APPROVAL AND SELF CERTIFICATION SYSTEM(TS-IPASS).
This bill is to provide speedy processing for issue of various licenses,clearances and certificates required for setting up of industries.Also to provide for an investor friendly environment in the state of Telangana.
--State and Districts individually can form a TS-IPASS committee ,Which will have members related to different departments.
--These committees will review the applications and give all clearances within the stipulated time.
--Based on the self certification provided by the applicant the committee will provide a single point TS-IPASS approval on behalf of all relevant departments instead of individual departments.
--The committee shall give a clearances referred to it within a period of 30 days.
The Govt may appoint a TELANGANA STATE WIDE INVESTMENT FACILITATION BOARD
(T-SWIFT) for Mega projects.
--The provisional approvals shall be given by T-SWIFT board within 15 days of receipt of self certified applications after a preliminary scrutiny.
The Govt may by notifications specify the investment limit upto which the applications shall be made to the District committee and state committee.
Provision of right to clearance under TS-IPASS system to the applicant to know the reasons for delay and can impose penalty on the concerned departments.
This bill is to provide speedy processing for issue of various licenses,clearances and certificates required for setting up of industries.Also to provide for an investor friendly environment in the state of Telangana.
--State and Districts individually can form a TS-IPASS committee ,Which will have members related to different departments.
--These committees will review the applications and give all clearances within the stipulated time.
--Based on the self certification provided by the applicant the committee will provide a single point TS-IPASS approval on behalf of all relevant departments instead of individual departments.
--The committee shall give a clearances referred to it within a period of 30 days.
The Govt may appoint a TELANGANA STATE WIDE INVESTMENT FACILITATION BOARD
(T-SWIFT) for Mega projects.
--The provisional approvals shall be given by T-SWIFT board within 15 days of receipt of self certified applications after a preliminary scrutiny.
The Govt may by notifications specify the investment limit upto which the applications shall be made to the District committee and state committee.
Provision of right to clearance under TS-IPASS system to the applicant to know the reasons for delay and can impose penalty on the concerned departments.
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