Hyderabad, Jan 29 (IANS) Any investor coming to Telangana will get permission to start the industry within 15 days and if the government fails to meet this deadline, the permission will be deemed granted, Chief Minister K. Chandrasekhar Rao announced Thursday.
He said that the new industrial policy, giving right to permission to investors and industrialists, will be launched shortly.
Terming it as the world's best industrial policy, the chief minister said it would revolutionize industrial system in the country.
He said a legislation, giving right of permission to investors, was passed recently in the state legislature but could not come into effect due to delay in allotment of officers to the newly-created state.
Stating that this would be almost like self-certification system, Rao said it would make business hassle-free with zero tolerance to corruption.
"You need not go around the offices and roam around individuals," he told the industrialists.
KCR, as the chief minister is popularly known, was speaking after laying foundation stone for human insulin manufacturing facility at Muddireddipalli in Ranga Reddy district, near here.
Shantha Biotechnics Limited, a part of Sanofi, a French multinational pharmaceutical firm, is setting up the facility with an investment of Rs.460 crore.
"We will call in bunches of 10 or 12. You will be received by protocol officer at the airport and will be brought straight to my office. We will have a short discussion for five to 10 minutes. This is only to know genuinity of investors. You can then go back to your work," he said.
The chief minister said 11th or 12th day the investors were bound to receive a call from the government, inviting them to come to Hyderabad.
He promised that he would personally hand over a packet, containing all clearances, permissions and approvals to set up the industry.
OnePlus Nord CE 3 Lite 5G: This phone will be launched with a 120Hz refresh rate and OxygenOS 13.1
OnePlus Nord CE 3 Lite is going to be launched in India on 4th April. Before that, all the features of the phone have been leaked. The company has also given information about some features of its
Pakistan stunned by Biden's dangerous statement, summoned the US ambassador
The neighboring country has been stunned by US President Joe Biden calling Pakistan the most dangerous country in the world. On the issue of terrorism, Pakistan, which has already tarnished its image
Gautam Adani: Asia's richest man preparing to become cement king, know what is Gautam Adani's plan
Indian industrialist Gautam Adani ranked seventh among the world's top-10 billionaires and Asia's richest person has finally made his strong debut in the cement business. On Sunday, the Adani Group
Modi is not afraid of BJP and RSS: PAK Foreign Minister said – Muslims are being discriminated against in India; PM was told butcher
Pakistan's Foreign Minister Bilawal Bhutto has again given a controversial statement. He said that I am not afraid of India's Prime Minister Narendra Modi, his party BJP and RSS. Bilawal also said
Australia lead by 47 runs on the first day: and scored 156 runs in response to 109 runs in the first innings, Green-Handscomb returned unbeaten
The first day of the third Test of the ongoing Border-Gavaskar Trophy between India and Australia was named after the Kangaroos. The visitors took a 47-run first-innings lead at the stumps at the
PM Modi Visit: PM Modi will visit Rewari today, will lay the foundation stone of AIIMS; Will also address programs related to Rajasthan
Prime Minister Narendra Modi will visit Rewari Haryana today (16 February). At around 1:15 pm, the Prime Minister will inaugurate and lay the foundation stone of several development projects worth
Cheap oil coming from Russia: still the prices of petrol and diesel have not decreased in the country, its prices have remained stable for 10 months
Compared to the average rate at which India buys crude oil from the international market, crude from Russia was cheaper by $16 in June last year. This difference is Rs 1,310 per barrel. This average
Emergency: Anupam Kher to play Jai Prakash Narayan after Kashmiri Pandit, first look revealed
Bollywood actress Kangana Ranaut is trying to bring the country's biggest political event to the big screen with her upcoming film 'Emergency'. While on one hand, the actress is directing this film,
Action on a demonstration by sprinkling Gangajal at CM Yogi's meeting place, SP leader arrested
Because of the assembly elections to be held in UP next year, now 'Shuddhikaran politics' has started. On Wednesday, the next day after the CM's program in Sambhal, SP workers protested by sprinkling
TADA charge against Tunda dropped
New Delhi, March 10 (IANS) A Delhi court on Tuesday dropped charges under TADA (Terrorist and Disruptive Activities) Act and Explosive Substances Act against alleged Lashkar-e-Taiba (LeT) bomb
