Maharashtra government announces Maha Parwana plan to attract fresh investments in industries

Maharashtra government announces Maha Parwana plan to attract fresh investments in industries

MUMBAI: In a bid to draw contemporary industrial investments in Maharashtra, the state authorities introduced a brand new plan referred to as ‘Maha Parwana’, which is able to provide a number of incentives and provide a single-window clearance system for challenge execution.

In a cupboard resolution on Thursday, the federal government has determined that henceforth corporations investing in a challenge costing Rs 50 crore or more wouldn’t be burdened with getting clearances from a number of departments. Such corporations can be given an assurance letter (Maha Parwana). All that these corporations must do is to use on the Maharashtra Trade, Commerce and Funding Facilitation Cell (MAITRI), a single-window system, and if there isn’t any lacunae within the utility, then an internet permission can be given inside 48 hours.

The state has assured that underneath the Maha Parwana system, such industries would get all of the 25 odd statutory permissions and clearances from different state departments inside a prescribed time (30 days). In case, these industries don’t get these clearances inside the stipulated time, it could be deemed cleared robotically.

This accelerated system has been introduced just for non-polluting industries coming underneath the Orange and Inexperienced standards introduced by the Maharashtra Air pollution Management Board. The items that may make the most of such proposals are solely the non-polluting ones that come underneath the Orange and Inexperienced standards of the Maharashtra Air pollution Management Board.

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