Moving fast

Listen to this article
M Ponnusamy, Chairman, CII (TN)

Tamil Nadu has obtained an implementation score of 90.86 for 2017, a big jump from the 62.80 in 2016. Several reforms were implemented after the reference period and these will help propel further the ranking in 2018.

Key reforms

The government launched the Single Window Portal for MSMEs. This is in addition to its existing Single Window Portal for large industries. MSME industries applying through this portal will have no facilitation charge.
A Grievance Redressal Centre was established at Tamil Nadu Pollution Control Board to clarify the queries of industrial units relating to pending approvals and also queries of the general public.
The Land Registration Department has launched a real-time web-based software, “Project – STAR 2.0” for online appointments, end to end document registration, e-stamping, provision to quote geo-coordinates, online delivery of encumbrance and other certified documents and fingerprint authorisation. Facilitation of online Patta transfer is executed through the Land Registrar Office.
The government provides various incentives to MSMEs like, The New Entrepreneur Cum Enterprises Development Scheme (NEEDS), Scheme for Promotion of Energy Audit and Conservation of Energy (PEACE), Unemployed Youth Employment Generation Programme (UYEGP)…
The Industries Department helped industries resolve issues with other departments. These measures have helped industrial units in the smooth running of their businesses and created an excellent industrial/investment climate.

Latest

Kobelco launches three new excavators

The company unveiled the SK210, SK215LC and SK230XDLC at...

India, Poland eye doubling bilateral trade

Both leaders set the target of doubling bilateral trade...

Shift Towards Engineering Ownership

The recent U.S. suspension of several major Indian technology...

Navitas Secures Up to USD 20 Mln Growth Capital

The investment is a part of responsAbility’s Asia Climate...

Newsletter

Don't miss

Kobelco launches three new excavators

The company unveiled the SK210, SK215LC and SK230XDLC at...

India, Poland eye doubling bilateral trade

Both leaders set the target of doubling bilateral trade...

Shift Towards Engineering Ownership

The recent U.S. suspension of several major Indian technology...

Navitas Secures Up to USD 20 Mln Growth Capital

The investment is a part of responsAbility’s Asia Climate...

Balkrishna Industries, Pirelli in pact for tyre production

India is today one of the most attractive automotive...

Kobelco launches three new excavators

The company unveiled the SK210, SK215LC and SK230XDLC at its Sri City manufacturing facility. The new models combine Japanese technology with locally sourced components,...

India, Poland eye doubling bilateral trade

Both leaders set the target of doubling bilateral trade by 2030. Modi invited Polish companies to expand their investments and operations in India and to...

Shift Towards Engineering Ownership

The recent U.S. suspension of several major Indian technology companies, including TCS, Infosys, Wipro and HCLTech, from the Permanent Labor Certification process has renewed...