Haryana govt frames Bill for biz-friendly policies

The Haryana government will bring a new law to simplify regulatory framework for businesses and set up single-point time bound clearance system with a view to ensuring ease of doing business.
The state government has framed the Haryana Enterprises Promotion Bill, 2016, which seeks to provide for simplification of regulatory framework and a single point time bound clearance system for speedy implementation of industrial and other projects, an official spokesperson said.
The Bill also aims at reducing the procedural requirements, rationalise the documents and ensure ease of doing business for the promotion of industrial development.
It will also facilitate new investments and provide for an investor friendly environment in the state.

The spokesperson said that the cornerstone of State Government's Enterprise Promotion Policy, 2015 is 'Ease of doing business and reduced cost of doing business'.
He said that all the projects having investment of Rs 100 crore or more shall be considered by the Haryana Enterprise Promotion Board (HEPB) headed by the Chief Minister, for grant of clearances in respect of proposals relating to customised package of incentives for mega, ultra mega and other projects.

A two tier system consisting of an Empowered Executive Committee (EEC) and District Level Clearance Committees (DLCCs) in each district, shall function for grant of project clearances.

The EEC/DLCC will exercise concurrent powers of competent authorities of 14 departments for statutory clearances for the specified services.
All the projects having investment of Rs 10 crore or more and involving CLU cases of more than one acre land shall be considered by the EEC for grant of clearances and incentives.
All the industrial projects having investment of less
than Rs 10 crore and involving CLU cases of up to one acre land in conforming zone shall be considered by the DLCC for grant of clearances and incentives, he said.
Online Composite Application Form will be introduced for the use of entrepreneurs and a web portal (www.Investharyana. Nic.In) for receiving Online Composite Application Forms from all the entrepreneurs across the State would be created.

The Investment Promotion Centre shall be rechristened as the Bureau of Industrial Policy and Promotion (BIPP) having its headquarters at Chandigarh with a branch office at New Delhi, he said.
The objective of BIPP shall be to outreach, continuous engagement with the industry in an ongoing basis, tracking investment proposals, replying to the emails, hand-holding investors and converting investment queries into investment commitments.
The State Government shall constitute Foreign Investment Promotion Board and NRI Investment Cell for catalyzing foreign direct investments and non-residents investments in the state.