Lucknow, Sept. 3 -- In a major step towards positioning the state as a leading hub for manufacturing and investments, the High-Level Empowered Committee (HLEC) and the Empowered Committee (EC), under the Industrial Investment & Employment Promotion Policy (IIEPP) 2022, have recommended 'Letters of Comfort' (LoCs) for significant investment proposals. The decision was taken during a meeting chaired by acting chief secretary Deepak Kumar on Tuesday. The HLEC approved LoC recommendations for 11 projects with a total investment of Rs 14,948.20 crore, while the Empowered Committee cleared six proposals worth Rs 576.78 crore. A 'Letter of Comfort' represents the sovereign assurance of the state government that incentives will be granted upon fulfillment of eligibility criteria and approved provisions under a particular scheme. These applications were submitted by reputed companies through the Online Incentive Management System (OIMS) portal. During the meeting, acting chief secretary Deepak Kumar directed officials to eliminate procedural delays at every level and ensure the speedy implementation of approved proposals. He further emphasised the need to simplify investment processes to create a more conducive business environment in the state....