MAITRI panels to boost investment in industries
MUMBAI, Aug. 12 -- To promote industrial development and investments, the Maharashtra government has formulated a mechanism that entails a three-tier system for timely disposal of investment applications.
An empowered committee and a supervisory committee has been formed under the MAITRI (Maharashtra industry, trade and investment) Facilitation Cell.
The nine-member empowered committee would be headed by the development commissioner (industries) and have chief executive officer of Maharashtra Industrial Development Corporation , managing director of Maharashtra State Electricity Distribution Company Limited, among others.
The secretary (Industries) will head the high-level supervisory committee, which will comprise secretaries from departments of energy, labour, environment, revenue, urban development (I), urban development (II), rural development, finance, law and judiciary and food and civil supplies, among other officials.
"As many as 115 services that are related to several state departments are being offered to the investors through the Maitri application, a single window system of the state. Even though the concerned departments are being given a time frame to dispose of the applications, it gets delayed," said a senior industry official.
This system came into effect after the state government framed the Maharashtra Industry, Trade and Investment Facilitation Rules, 2025.
A notification towards the same was issued by the state industries department on August 5.
The objective is to provide the best ecosystem to investors, as most states are trying to attract investors these days, the officials said.
According to the notification, if the competent authority fails to dispose of an application within the specified time limit, then the matter will be automatically transferred to the empowered committee, which will have to dispose of the application within 15 to 45 days.
"It will recommend simplification of procedures and adoption of digital solutions to hike transparency and promote Ease of Doing Business (EoDB), suggest conducting a comprehensive review of existing procedures to identify areas for streamlining, simplification and elimination of unnecessary steps to enhance efficiency, among others," states the notification.
The new rules have brought greater responsibilities for MAITRI as the nodal agency of the state.
It will have to collaborate with national and foreign embassies, consulates, industry associations, and ministers of other countries to identify potential investors and generate potential investments....
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