Industrial and Infrastructure project proposals to get security clearance
Industrial and infrastructure project proposals will get security clearance within 12 weeks as the Home Ministry has streamlined the process by issuing a detailed guideline in this regard. The decision has been taken as part of the Narendra Modi government‘s push for attracting FDI for infrastructure projects and setting up of industries, which is expected to create jobs, revive economy and bring overall growth.
A detailed guideline has been issued to streamline the process of granting security clearance for proposals relating to infrastructure which will result in expeditious clearance of proposals from security point of view, as a Home Ministry official said.
Under the new guidelines, the Home Ministry will decide on security clearances for any project forwarded by any Ministry or Department within a strict time frame of 12 weeks. If there is any “adverse” comments by the security agencies for any project, the Home Ministry will share it with the nodal Ministry or Department compulsorily.
This security clearance might take some time. It has not been stated as whether it will start from now, but it has been mentioned that within 12 weeks the process would be complete.
Source: Financial Chronicle
