State to streamline process of setting up industries

In a bid to improve ease of doing business in the State, Siddaramaiah-led government has kick-started “Business Reforms Action Plan 2016”.

The new initiative will facilitate quick action and bring in transparency in according multiple approvals for setting up of industries. Steps will be taken to ensure timely approvals and putting in place a monitoring and grievance cell. A centralised helpline will be set up as part of the Action Plan, according to an official release.

The Commerce and Industries department, in consultation with the departments concerned, has proposed to fix a time frame to each of the activities involved in getting various approvals and to make these processes online. It has also proposed to designate officers in the Karnataka Udyog Mitra and in all the line departments, which are authorised to issue such approvals, the release added.

Also, the Udyog Mitra will set up a helpline to connect with the investors. The Revenue department has issued a circular, directing the officials to acquire lands for industrial purpose in a time bound manner.

The KIADB has been directed to issue allotment letter for land within three days. The process of plan sanction will be done with a month's time.