Government constitutes High Level Committee to develop roadmap for accelerating investment & industrial growth

Government constitutes High Level Committee to develop roadmap for accelerating investment & industrial growth

The Government has today constituted a High Level Committee (HLC) of State Industry Ministers to develop a roadmap for accelerating investment and industrial growth in the country.  This is in pursuance of the discussions in the meeting of State Industry Ministers held on 17^th November, 2009. The Committee will have the following composition:

                                       I.      Industry Minister, Assam

                                     II.      Industry Minister, Andhra Pradesh

                                    III.      Industry Minister, Madhya Pradesh

                                  IV.      Industry Minister, Maharashtra -Convener

                                    V.      Industry Minister, Punjab

                                  VI.      Industry Minister, Rajasthan

                                 VII.      Industry Minister, Haryana

The terms of references of the HLC will be as follows:

       i.     Formulation of a framework for preparation of State specific investment promotion strategies based on each State’s natural endowments and potential;

      ii.     Design of a single window mechanism to simplify and rationalize the licensing and clearance procedures required to start and run a business;

    iii.     Drawing up an outline for the preparation of State level skill development plan based on a skill mapping exercise in terms of demand and supply of skill sets within a State to facilitate the achievement of the objectives of the state specific industrial strategy;

    iv.     Preparation of guidelines for the creation of an Industrial Land Bank consisting of available waste and fallow lands, lands locked up in industrial units/areas that are sick/defunct and lying unutilized while leaving aside productive agricultural land as far as possible.