CII hails Himachal's proposal on clearing projects

Posted on 19th Mar 2015 11:38 am by mohit kumar

Shimla, March 18 (IANS) The Confederation of Indian Industry (CII) on Wednesday hailed Chief Minister Virbhadra Singh's announcement in his budget speech to reduce the time frame for clearing industrial proposals by half.

"Reducing the permission time through single-window clearance for setting up of new industries from 90 days to 45 days is a welcome step in promoting the state as an industrial hub," chairman of the CII-Himachal state council Rajiv Aggarwal said in a statement.

He said strengthening the single-window clearance agency, reducing the electricity duty and amendments in labour laws to enable sustainable industrial growth were also positive initiatives.

Budgetary announcements such as allocation of funds to develop the industrial area in Baadi in Solan district and time-bound refund of value added tax will certainly attract more investments to the state, he said.

"CII also appreciates the announcements to develop ropeways and promote heli-taxis between Chandigarh, Shimla and other tourist destinations that would boost the tourism industry, and act as the key enablers for this sector to flourish," he added.

Other news

ENG vs NZ: James Anderson created history as soon as Tom Latham was clean bowled, became the first Test fast bowler in the world to do so

Fast bowler James Anderson has created history in the second Test match of the three-match series

War against pollution: 'Red light on, car off' resumed, CM Kejriwal said - use public transport

In the ongoing war against pollution in the capital Delhi, 'Red Light On, Car Off' will start aga

Russia again fired missiles at Ukraine's energy centers, and attacked several areas of Kharkiv; the power supply affected

A full year has passed since the Russia-Ukraine war. But it continues. Today again Russia has car

Kangana Ranaut reached Varanasi, raised slogans of Har Har Mahadev, and said – there is Shiva in every particle here

Kangana Ranaut is very busy these days with the promotion of her film Dhaakad. In this sequence,

T20 WC 2022 Points Table: India achieved the number one position, the road to the semi-finals became easy

ICC Men's T20 World Cup 2022 Points Table: India registered their second consecutive win by defea

Ukraine war: how much the world is dependent on Russia's gas and oil

The US and the European Union have agreed on an agreement to supply liquefied natural gas.

<

'Photo bomb' explodes over Singhu murder: Photo of Agriculture Minister Tomar honoring Nihang chief goes viral, farmer leader said - BJP's conspiracy to kill Lakhbir

After the killing of Punjabi youth Lakhbir Singh on the morning of Dussehra in the ongoing farmer

Corona in UP: Lockdown extended for two days, know what will be closed and open in 10 points

The fast-growing corona cases in Uttar Pradesh are setting new records. The number of currently a

'This is unethical', Vice President Dhankar raised questions on SC's decision; DMK told who has how much power.

On April 8, the Supreme Court had advised through a comment that the President should take a deci

'The contribution of the Northeast in developing the country is important', Home Minister Amit Shah said- 'The government is committed to peace'

Union Home Minister Amit Shah on Tuesday said that the contribution of the Northeast region will