Impact of TS-ipass in the State of Telangana

Keywords : TS-iPASS, Industries, Investment, Employment, Approvals


Abstract

The Government of Telangana has introduced its new Industrial Policy in 2014 with the ambition of maximizing opportunities for equitable economic growth of the people and balanced development of all the regions through the means of industrialization. The vision for industrialization of Telangana is Research to Innovation- Innovation to Industry- Industry to Prosperity. The policy framework intends to provide a business regulatory environment where doing business would be as easy as shaking hands. Innovation and technology will drive the industries of the Telangana State. The new Industrial Policy has a number of novel and unique features like abundant industrial land bank, comprehensive provision of infrastructure including water and power for industries, an effective single window mechanism, a package of attractive incentives, and special support measures for SC/ST/BC/Minorities and women entrepreneurs. Various government orders to give effect to the tenets of the policy have also been issued.

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