Special cell at Ipicol to expedite project approvals

Ipicol is the state level nodal agency for investment promotion and functions as the single window agency for clearance of investment proposals

Image
BS Reporter Bhubaneswar
Last Updated : Feb 02 2015 | 10:10 PM IST
The state had adopted a single window clearance mechanism in pursuance of the Odisha Industries (Facilitation) Act 2004 for providing time bound clearances and approvals

The state industries department plans to open an exclusive cell at Industrial Promotion and Investment Corporation Of Odisha Limited (Ipicol) for providing speedy clearances to projects.

The need of such a cell has been felt as the single window mechanism put in place earlier has not yielded desired result with industry associations and project promoters often complaining about procedural delays in getting various clearances.

Also Read

Ipicol is the state level nodal agency for investment promotion and functions as the single window agency for clearance of investment proposals. "We are trying to strengthen Ipicol by setting up a special cell where officers from different departments and statutory authorities like pollution control board will be on deputation and the approvals can be given at a single office", said Sanjiv Chopra, secretary, state industries department.

Chopra was speaking at a workshop on "Impact of GST on Trade, Commerce & Industry and Revenue Generation for the State of Odisha" organized by industry chamber Utkal Chamber of Commerce & Industry(UCCI).

The state had adopted a single window clearance mechanism in pursuance of the Odisha Industries (Facilitation) Act 2004 for providing time bound clearances and approvals. Under this system, a combined application form (CAF) is submitted, which all departments/authorities are mandated to accept.

At present, the single window system consist of three tiers. There is a high level clearance authority (HLCA) chaired by the chief minister to clear large projects worth over Rs 1000 crore while the state level single window clearance authority (SLSWCA), chaired by the chief secretary, is responsible for giving approval to projects upto Rs 1000 crore.

For finalisation of the new IPR, the state industries department will be organizing a consultation meeting of all the industries associations soon for inclusion of various facilitating norms in the new policy. The new IPR is likely to be finalized by the end of this fiscal.

To reduce interface with the government departments and for timely approvals, the industries department is planning to roll out 24 G2B services online in the first phase during 2015 calendar year.
*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Feb 02 2015 | 8:19 PM IST

Next Story