Bihar govt for effective single window system

Image
Press Trust of India Patna
Last Updated : May 30 2016 | 10:42 PM IST
Bihar Chief Minister Nitish Kumar today said the state government is committed for "effective" and "functional" single window system to promote and facilitate clearances for private investments in the state.
"We have single window system policy to promote investments in the state. The system will be reviewed if the need arises. We want an effective and functional single window system so that entrepreneurs do not face hiccups or problems in getting clearances for their projects/proposals," industries department Principal Secretary S Siddharth said quoting Kumar during his interaction with entrepreneurs at the 8th Udyami Panchayat meeting held at 'Samvad', the Chief Minister's Secretariat.
Entrepreneurs who put up their views, problems and grievances, hailed from various sectors of industries including food processing, health care industries, plastic industries, agriculture equipment and opportunity, Hotels and Restaurants Association of Bihar, travel and tourism, garments and textile etc.
Stating that Udyami Panchayat would now be a regular affair on every fifth Monday of the month, Kumar said the Industrial Incentive Policy would be amended so that entrepreneurs do not face any problems.
"SIPB should clear the proposals at the earliest. There should not be any obstacles/hurdles in getting clearances for setting up industries in the state," Kumar said adding entrepreneurs today praised the state's 2011 Industrial Policy.
Stating that the current industrial policy was effective till June 30, 2016, Kumar said "the new Industrial Incentive Policy will be ready by June 30, 2016. The suggestions and ideas given by the entrepreneurs in today's meeting will also be incorporated in the new policy.
*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: May 30 2016 | 10:42 PM IST

Next Story