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Industrialization Drive in Kerala

The apex single window clearance committee on industry headed by Kerala chief minister V S Achuthanandan would meet here on September 10 to take up investment proposals worth Rs 10,000 crore for consideration.

Official sources said the 11-member committee, consisting of ministers and secretaries to various departments, was constituted to consider sanctioning big projects involving investment of more than Rs 100 crore.

The committee would consider proposals including projects in the IT sector, tourism and services, which had been awaiting approval for long.

For clearing the proposals, prospective investors would be exempted from certain provisions on merit, the sources said. The ruling LDF had given a go-ahead for the industrialisation drive at its recent meeting.

Source: PTI