Ushering in an Industrial Revolution

  • Technical Articles
  • Feb 10,16
Ushering in an Industrial Revolution

An interview with A Santhi Kumari, Additional Principal Secretary to Chief Minister K Chandrashekar Rao, who is heading the Chasing Cell set up to give permissions to industries.

How has the TS-iPASS policy brought about a change?

The policy has brought about a massive shift in the pre-scrutiny stage. Under the pre-scrutiny process, the concerned departments review the applications and inform the applicant whether it is complete in all respects or needs more information. Once this process is completed, officials cannot raise further questions. More importantly, the policy recognises the right to clearance. When industrialists apply for setting up units, the concerned departments are mandated to accord permission. We have cleared a total of 52 projects so far and the stage is set for clearing another 16 proposals.

How does this translate into financial gain?

The 52 proposals cleared so far are worth Rs 3,500 crore and once we clear 70 projects, the value would be Rs 4,700 crore.

How does the Chasing Cell work?

Our team of six officials holds daily meetings to resolve problems and clear the bottlenecks in the process of clearing applications related to setting up of industries. This has helped clear some very big proposals in recent times, such as an ITC project worth Rs 4,000 crore and a proposal of Orient Cement worth Rs 1,000 crore.

Could you outline some salient features of the policy?

It is a part of the widely acclaimed state industrial policy and some of its features include:

* Attractive incentive packages
* Special incentives for SC/ST and women entrepreneurs
* Creation of industrial land banks
* Up to 10 per cent water from all irrigation sources reserved exclusively for industries
* Linking mini-industrial townships with industrial parks to promote industrialisation in the state
* Reservation of plots in industrial parks for MSMEs
* Corpus fund to prevent incipient sickness among SMEs
* Vendor development programme to provide marketing support for MSMEs
* Creation of separate power grid and discom for industries
* Identification of 15 thrust sectors that will have their own sectoral policies and incentive structures.

Related Stories

Smart Manufacturing
AIIMS organises 3D printing workshop for innovations in medicine and healthcare

AIIMS organises 3D printing workshop for innovations in medicine and healthcare

The workshop offered a diverse lineup of sessions focusing on 3D printing applications in surgical education, neurosurgery, orthopaedics, and biomedical engineering.

Read more
Machine Tools & Accessories
The tooling sector should adopt IoT to enhance tool performance: Sunil Joshi

The tooling sector should adopt IoT to enhance tool performance: Sunil Joshi

Sandvik Coromant’s 'Manufacturing Wellness' outlook encourages manufacturers to take a holistic perspective that considers all of the interconnected steps of the value chain.

Read more
Machine Tools & Accessories
Dormer Pramet is exploring 3D printing integration to boost products: Amit Raina

Dormer Pramet is exploring 3D printing integration to boost products: Amit Raina

The Indian unit plays a crucial role in supporting Dormer Pramet's global business by serving as a strategic manufacturing hub.

Read more

Related Products

Bopp Tape

Adhesives, Sealants and Tapes

Keval Industries offers a wide range of bopp tape.

Read more

Request a Quote

Ac Servo Motors and Drives - Asda-a3 Series

MOTORS & DRIVES

Delta Electronics India Private Limited offers AC servo motors and drives - ASDA-A3 Series.

Read more

Request a Quote

High Speeed Tripping Relay Two Element

Switches and Relays

JVS Electronics Pvt Ltd offers a wide range of high speed tripping relay two element JRV171x2.

Read more

Request a Quote

Hi There!

Now get regular updates from IPF Magazine on WhatsApp!

Click on link below, message us with a simple hi, and SAVE our number

You will have subscribed to our Industrial News on Whatsapp! Enjoy

+91 84228 74016