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Business News » India News

Odisha SLFC cleared 98 projects since 2015: Minister

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Updated: Fri, Oct 13, 2017
06:39 pm
PTI
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The Odisha government today said its State Level Facilitation Cell (SLFC) has cleared a total of 98 projects worth Rs 1,73,270 crore since its inception in August 2015.

The cell reviews investment proposals received by the state, as well as assists companies in actualising investments on the ground.

Some of the big-ticket projects cleared by SLFC since its inception include JSW Steel Ltd's 10-MT steel plant at Paradip with an investment of Rs 50,000 crore, Deepak Fertiliser's unit at Paradip worth Rs 1,750 crore and expansion of Paradeep Phosphate's fertiliser unit at an investment of Rs 9,459 crore.

"The state government strongly believes in building a conducive environment for potential investors and existing industries in the state. In this endeavour, we all continuously need to work together towards making the state a preferred destination for industries," state Industries Minister Niranjan Pujari said here.

Pujari said the facilitation cell took an average time of 7.41 days to review and clear green category projects, and 13.26 days for non-green projects.

The minister also launched the inclusion of legal metrology verifications in central inspection framework (CIF) for making it more transparent and industry-friendly.

The framework for industries entails inspection through standard operating procedures and transparent checklists, along with risk-based selection of companies.

There is also a provision of online inspection reports for company verification within 48 hours of its completion. At present, there are 4,637 industries that come under CIF.

"The central inspection framework ensures that the industry does not face any kind of difficulty while inspections.

"Also, verification can be done via the newly-launched legal metrology verification, which will also take care of online payment of fees," Industries Secretary Sanjeev Chopra said.

 

(This article has not been edited by Zeebiz editorial team and is auto-generated from an agency feed.)

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