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Single window clearance committee to be merged with HLC to promote trade environment in Karnataka

No Comments Sub Category:Legal,Real estate trends,Realty News Posted On: Jul 02, 2014

In a policy recommendation to the State Government, the Bangalore Chamber of Industry and Commerce (BCIC) suggested that Karnataka should explore dual land pricing policy. This will help them to address the issue of regional imbalance and encourage the spread of industries across the State. The industrial land beyond a radius of 100 km of Bangalore could be allotted at a concession which will boost the growth of industries in the outskirts of Bangalore.

The recommendation is a part of the study ‘Ease of doing business in Karnataka’ conducted by BCIC jointly with Centre for Sustainable Development (CSD). Erstwhile Andhra Pradesh and Gujarat are looked at states with more favourable business conditions compared to Karnataka.

Another key recommendation is to set up an empowered committee to give clearances for setting up industries in a short time.

At present, there are two committees to give clearance for setting up industries at the State level – single window clearance committee chaired by the Chief Secretary (₹15 crore to ₹100 crore) and the second high-level clearance committee (HLC) chaired by the Chief Minister for cases above ₹100 crore.

HV Harish, outgoing President, BCIC and partner, Grand Thornton mentioned that the number of proposals coming before the HLC is very small. Hence the two committees can be merged into a single one to be chaired by the Chief Secretary and concerned secretaries of the department. This will expedite the process and businesses will be set up fast to ensure better growth for the state.

Source- The Hindu Business Line

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