Business Standard

AP for online clearance of investment proposals

The software is being designed by Deloitte

BS Reporter Hyderabad
The Andhra Pradesh government will come up with an online mechanism for single-window clearance of investment proposals by September 1. The software is being designed by Deloitte.

According to an official  release, chief minister N Chandrababu Naidu has asked the industry department to study the industrial policies of Gujarat, Tamil Nadu and Karnataka. He said the aim of the government was to create an investor-friendly climate in the state.

The chief minister, who held a meeting of industry department officials on Wednesday, said a State Investment Promotion Council and District Investment Promotion Councils would be set up to give in-principle approvals for industries. A Society for Front Office at the state and district level would be set up to receive applications.
 

Naidu is also stated to have suggested that industrial parks in Visakhapatnam should have a CEO to monitor and follow up approvals of the companies located in the premises of the IT park.

Principal secretary for industries JSU Prasad and industries commissioner Rajat Gupta were present.

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First Published: Aug 06 2014 | 8:26 PM IST

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