MP provides legal backing to time-bound clearance to industrial licences

The new law will be applicable to greenfield industrial projects under Information Technology, Tourism, MSME and Industries categories

The Madhya Pradesh Cabinet on Wednesday cleared a Bill, which will ensure time-bound clearance of industrial licences for investment projects.

It will also have a slew of penal provisions for officials who fail to deliver on clearances within the stipulated time frame. Called the ‘Madhya Pradesh Time-Bound Clearance Act,’ the draft Bill ensures that 40 clearances and permissions pertaining to almost 10 state departments will have to be delivered within a fixed timeframe.

Officials and personnel who are found to be delaying the clearances could be persecuted under the new Bill, a senior state government official said. The new law will be