KCR industrial policy with Singapore touch

Posted : July 23, 2014 at 2:09 pm IST by ManaTeluguMovies

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Chairing an interactive session with industrialists and associations in the run up to drafting an industrial policy for Telangana, Chief Minister K Chandrasekhar Rao on Tuesday announced that a Singapore model of Single Window clearance of investment proposals will be implemented for speedy development of the state.

‘Except environment clearance all other permits and clearances will be taken care of by the Chasing Cell established under the Chief Minister office. The investor has to see me personally once after applying through the web and the second time to receive the cover containing all clearances through my hands,’ KCR announced amid applause by the five hundred odd industrialists and representatives of CII, Ficci, Nasscom, Faapci, and Assocham at a meeting organized by the Department of Industries and Commerce of Telangana government.

He said that the government will soon come with a legislation making the single window clearance as an Act making Telangana state as the best destination for investment in the country. He further said that his government has decided to use the abundant government land at its disposal as an added incentive to the prospective investor. ‘We have 30 lakh acres of land out of which 20 lakh hectares are unfit for cultivation, meaning that it is good for setting up industries. Above all at least 3 lakh acres of land is ready for setting up industries, right away,’ KCR added.

However, KCR agreed that the state is facing power shortage and assured the industrial houses that within three years he would transform Telangana into a power surplus state. ‘While a dedicated line from Chhattisgarh will be erected to transmit 1000 mw of power the Telangana Genco will produce another 6000 mw of power,’ KCR announced.

Allaying fears of the common man about the demolition drive undertaken by the government, KCR said that he wanted to instill fear among illegal operators so that real estate sector help provide shelter to another 1 crore of population that would settle down in the capital area. ‘Thousands of acres of land given by the earlier governments to investors were lying vacant. Hence we want 100% utilization of these lands. We also expect that the investors to provide employment to local youth,’ KCR said.

Later, CII representative Chitturi Suresh submitted a ten point agenda to the Telangana government seeking ten anchor industries for ten districts of Telangana. Sangeetha Reddy of Apollo hospitals on behalf of Ficci said that people’s agenda must be integrated with the industrial policy. BV Mohan Reddy of Nasscom stressed on the need of harnessing startup companies for employment generation as existing firms provide only 40% of employment.