Industrial Sector Updates – Industrial Policy, Ease of Doing Business, etc.

To cut project delays, Telangana brings in ‘Right to Clearance’

  1. Right to Clearance, on the lines of Right to Information, for industrial projects.
  2. For every day of delay in clearance, the State will fine the official concerned Rs. 1,000. No country has such a policy, the government says.
  3. The Right to Clearance is intended to convey a message that the government is determined to create an ecosystem in which ease of doing business “matches and even exceeds the best global standards”.