PANAJI
In a bid to promote new industrial investment, Chief Minister Pramod Sawant on Tuesday announced changes in government policies including simplifying the single window clearance process for land allotment and new investors.
Sawant also announced to give industry status to logistic warehouses and Information Technology industries in the State.
Ahead of the Budget session, scheduled next month, Sawant held a meeting with industry organizations including Goa Chamber of Commerce and Industries (GCCI), Confederation of Indian Industries (CII), Goa State Industries Association (GSIA) and others. During the meeting, the industrial body hailed government’s new IDC Allotment, Transfer and Sub-Lease Regulations and for bringing in transparency.
Industries minister Mauvin Godinho and Chairman of Goa Industries Development Corporation (IDC) Aleixo Reginaldo Lourenco were also present.
Addressing media, Sawant said that the policies have been amended to get more investment in the industrial sector in the State resulting in enhanced revenue and job opportunities.
Sawant also said that the government will organize Invest Goa 2024 Summit on January 29 to attract investors, a move that was welcomed by industry players.
“During the meeting it was decided to simplify the processes for investors with single window clearance for land allotment and construction of the industry. The transfer and sub-lease processes will also be liberalised as a part of ease of exit for business policy,” he said adding that the commercial plots for the industries would be made available through a simplified auction route.
Reacting to the announcements, GCCI President Srinivas Dempo congratulated chief minister for showing visionary leadership in getting reforms that are unprecedented, not only in Goa but also in the rest of the country.
Dempo said that Goa needs more investment, more jobs and more revenue generation. “There are certain caveats in Goa. Large industries are not welcomed because of unique topography,” he said.
