Telangana state CM KCR launched the TS iPASS

Telangana state CM KCR launched the TS iPASS (Telangana State Industrial Project Approval and Self Certification) system on 12th June 2015. Find hear TS iPASS official Website http://www.tsipass.cgg.gov.in

Chief minister K Chandrasekhar Rao will announce the single window project approval system in the presence of hundreds of industrialists at HICC, Madhapur, at 11 am today.

TSiPASS Details

The TSiPASS Bill was passed in the Telangana state assembly in November 2014. It claims to provide approvals to set up industries in Telangana within 15 days from the date of application.

TSIPASS bill to provide speedy processing for issue of various licenses, clearances and certificates required for setting up of industrial undertakings for the promotion of industrial development and also to provide for an investor friendly environment in the Telangana State.

TS iPASS Key Features

• Approval based on self-certification
• Processing all clearances within 30 days
• Applicants get right to timely clearances
• Clearances for mega industries within 15 days
• Common application form for all types of industries
• Tax concessions for industries
• Zero tolerance for corruption
• Provision of penalty if departments delay clearances
• Nodal Officer on lines of Singapore Economic Development Board
• Minimum inspection and maximum facilitation
• Pollution Clearances
• Industries will be divided into four categories, green, orange, red 1 and red 2
• Except red 2, rest will be cleared by State government.

TS iPASS Key Sectors

Life sciences, biotechnology, pharmacy, IT hardware, medical devices, communications, aviation, aerospace, defence, food processing, nutrition products, automobiles, farm equipment, transport vehicles, textiles, leather and apparel, plastics, polymers, fast moving consumer goods (FMCG) etc