The Industrial Health Clinics will be started in Telangana

 Hyderabad, Aug 24: 

In a bid to revive sick industrial units, the Telangana Government is going to start industrial health clinics in November.

These clinics will help sick industries, particularly in the micro, small and medium enterprises space, in getting relief from banks and financial institutions to revive their units.

The State Government has sought the help of the Reserve Bank of India and the Union Government to implement the scheme.

“We are going out scouting for investments from across the globe. But it is also important to revive the sick units. We are coming out with a scheme to address this. The Industrial Health Clinics will be started in November,” Telangana Minister for Industries and Information Technology K T Rama Rao said.

Addressing a CII seminar Man’exe 2016 (manufacturing excellence) here on Wednesday, he said he had asked the Reserve Bank of India to look into the issue seriously. “The problem is not just restricted to one or two States. A solution will help several States in tackling the challenge,” he said.

“I met RBI Governor Raghuram Rajan and explained to him about the idea. I requested him to support the idea by considering the financial help made to the sick units under the priority sector disbursals,” he said.

The State Government will convene a special meeting of SLBC (the State-level Bankers’ Committee) to discuss the issue and device a plan to rehabilitate the sick units.

Inspectors as facilitators

Stating that a plethora of inspections by various government departments is taking life out of the industrial and business entities, the minister said that the State will reduce the visits significantly. “Government officials from various departments go for inspections every now and then. They say a business entity will witness 30 inspections in a span of five years. We are planning to make it to just one every year, reducing the hassle,” he said.

A joint inspection team would be formed to complete the visit as quickly as possible. The inspectors would be called facilitators as the State encouraged self-certification by the businesses.


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