Plan to set up State Investment Promotion Board, Investment Promotion and Facilitation Cell

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The Kerala Assembly connected Tuesday referred to the taxable committee the Kerala Industrial Single Window Clearance Boards and Industrial Township Area Development (Amendment) Bill, being amended for constituting a State Investment Promotion Board, an Investment Promotion and Facilitation Cell, and an Investment Promotion Monitoring Committee.

The State Investment Promotion Board, headed by the Chief Minister, is aimed astatine resolving the difficulties that whitethorn originate portion implementing the concern argumentation and taking a coordinated determination for allowing relaxations declared successful the concern policy. It volition besides determine connected the packages to beryllium granted successful peculiar circumstances, successful summation to the relaxations declared successful the concern policy, arsenic good arsenic the measures to revive the industries that existed connected the onshore acquired for concern intent and to commencement industries, including new-generation ones, connected specified land.

The committee volition besides enactment to bring statement among assorted departments truthful arsenic to facilitate the mounting up of enterprises by large-scale investors.

Published - September 30, 2025 07:42 p.m. IST

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