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Rajasthan Cabinet Approved ‘One-Stop Shop’ Scheme to Fast-Track Investments

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‘One-stop-shop’-scheme-to-fast-track-investments-RajasthanRajasthan Cabinet has approved ‘One-Stop Shop’ Scheme– OSS(earlier known as single window clearance system) to fast track investment and capacity expansion proposals by facilitating time-bound approvals and clearances. This will help revive industries in the midst of the COVID-19 pandemic.

  • As per the scheme, entrepreneurs who invest above Rs 10 crore will be able to get 98 types of clearance under one roof at OSS under the Bureau of Investment Promotion(BIP) of the State Industries Department.

Background

Recently The State Cabinet has approved amendments in the ‘The Rajasthan Enterprises Single Window Enabling and Clearance Act, 2011’ and provided for the constitution of a Board of Investment under the chairmanship of the Chief Minister Ashok Gehlot for the purpose

Departments Deputed to One-Stop Shop

Officers from 14 major departments, including industries, energy, labour, urban development, local self-government, State Pollution Control Board, consumer affairs, tourism, revenue, public works, health and Rajasthan State Industries Development & Investment Corporation, will be deputed to the one-stop shop.

Key facts of the scheme

Avoidance of delay in clearances-As the investment related issues in regard to multiple departments are received and addressed at one location, the unnecessary delay in clearances will be avoided

Online Application Process– To make the process even easier for the aspiring investor, the application process will also be available online.

Motivate investors– The scheme will motivate investors to come to the State.

Various pro-Industry measures taken

The establishment of OSS is in line with various pro- industry measures taken by the government like: Rajasthan Industrial Development Policy (2019), Rajasthan Investment Promotion Scheme (2019) and MSME (Facilitation of Establishment and Operation) Act, 2019.

About Rajasthan:
Capital– Jaipur
Governor– Kalraj Mishra

Recent Related News:

i.Rajasthan Chief Minister Ashok Gehlot launched the Online Shramik Employment Exchange, ‘Raj Kaushal Portal’ through video conference.

ii.Rajasthan signed  a tripartite agreement with POWERGRID & EdCIL to Setup Smart Classrooms in 100 Schools  with a cost of Rs 1.85 crore.