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Maharashtra Announced “Maha Parwana” to Attract Fresh Industrial Investment

‘Maha Parwana’On 25th June 2020, The government of Maharashtra announced the “Maha Parwana” to attract fresh investment in industries, for project execution, this plan will offer incentives and a single window clearance system.

Key Points:

i.The companies with  investment proposals for Rs.50 crore or more will get relaxation on getting clearances from multiple departments with assurance letters(Maha Parwana).

ii.These companies should apply at the Maharashtra Industry, Trade and Investment Facilitation Cell (MAITRI), single window system  and get an online permission within 48 hours.

iii.The industries enrolled under the Maha Parwana will get the 25 odd statutory permissions and clearances from the other state departments within 30 days.

iv.If the clearance is not provided within 30 days it will be automatically deemed as cleared.

v.For the existing and new industries the state government has proposed to provide “plug and play” infrastructure to support the investors and reduce the capital investment.

Note:

i.The acceleration  system is announced for the non-polluting industries under the Orange and Green criteria of the Maharashtra Pollution Control Board.

ii.The non-polluting units under the Orange and Green criteria of the Maharashtra Pollution Control Board can take advantage of the proposal.

About MAITRI:
Chairman– Harshadeep Kamble
Headquarters– Mumbai, Maharashtra
Objective– to attract investment and employment in the State