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Investor Presentaiton

TS-iPASS: EASE OF DOING BUSINESS Fill-in and submit the application on the TS-iPASS online portal The Telangana Government has enacted the "Telangana State Industrial Project Approval and Self-Certification System (TS- iPASS) Act, 2014" immediately after the formation of the state. The policy is one of its kind in India envisaged for speedy processing of applications and for issue of various clearances required for setting up of industries. These clearances are given at a single point based on the self-certificate provided by the entrepreneur. Close to 15,556 approvals are already given under TS-iPASS More than 50% of them have commenced operations The Salient features of the TS-iPASS are Single window for obtaining approvals from all the departments for establishment and commencement of operations for an enterprise. * Time Limits set for each approval varying from 1 day to a maximum of 30 days depending upon the complexity of the approval. * Pre-Scrutiny of the applications at State Level and District Level to assist the entrepreneurs in proper submission of applications and to avoid delay in processing the files by the departments. Making mandatory for the Competent Authorities to seek shortfall/additional information required, if any, only once, within three days from receipt of the application. Empowering the Entrepreneurs with Right to clearances under TS- iPASS, to know the reasons for delay if any in getting the clearance within time limits and penalizing the officers responsible for the delay. If Application is rejected Rejection email is sent to the applicant Application is directed to district industries corporation for due diligence & to check supporting documents If Application is accepted Acknowledgment of acceptance is sent to the applicant, along with the inspection date Inspection date and physical verification task assigned to Inspecting Officer (IO) Verification of IO's report by District industries corporation and recommend it to the competent authority for prescrutiny Authorization for clearance by either DIPC/DIC or Commissioner of Industries Release of payment Pink Book Telangana 2021 - 39
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