Rajasthan Government Nods To One-Stop Shop For Fast Tracking Investments

Those looking to invest in Rajasthan will now be able to get 98 types of clearances under one roof at the 'One Stop Shop' (OSS) under the Bureau of Investment Promotion of the State Industries Department. Ashok Gehlot government of the state has previously relieved upcoming micro, small, and medium enterprises from all sorts of approvals and clearances required under the State Laws. Now with the establishment of the OSS, all types of industries will receive due facilitation. The State Cabinet has recently approved amendments in the ‘The Rajasthan Enterprises Single Window Enabling and Clearance Act, 2011’ and provided for the constitution of a Board of Investment under the chairmanship of the Chief Minister for the purpose.

“Rajasthan Government is committed to ensure a transparent and hassle free ecosystem for investments coming to the state. Establishment of the OSS is the latest step in a series of the various pro industry measures taken by the government such as Rajasthan Industrial Development Policy (2019), Rajasthan Investment Promotion Scheme (2019) and MSME (Facilitation of Establishment and Operation) Act, 2019.” Said, NARESH PAL GANGWAR, principal secretary Industries.

While the new MSME Act exempted new micro small and medium enterprises from the necessity of securing state government clearances for the initial three years, the OSS will make the process easier for all investment proposals above Rs 10 crore.

Officers from 14 departments viz. Industries, RIICO, Energy, Labour, Urban Development, Local Self Governance, Pollution Control Board, Consumer Affairs, Tourism, Revenue, Factories and Boilers, Public Works, Public Health & Engineering and Health will be deputed at the One Stop Shop. All these officers will be stationed at the Bureau of Investment Promotion itself to ensure that investment-related issues concerning multiple departments are received and addressed at one location and any unnecessary delay in clearance of cases is avoided. Easing the process further for the aspiring investor, the application process will also be available online.

In addition to the above, officers from other departments may also be deputed at the OSS if the requirement arises. State Government is committed to ensure a transparent and hassle-free business environment for investments coming to Rajasthan.

The ‘Board of Investment’ to be constituted under the chairmanship of Chief Minister Ashok Gehlot will have Ministers of Finance and Industries departments as members along with Chief Secretary of the State and Principal Secretary, Industries. The Investment Commissioner will be the Member Secretary of the Board. The Board will decide those issues which require consideration at the Government level.

Commitment of the State government towards industrial development in the State has not been dampened by the COVID pandemic, in fact, the crisis has further motivated it towards seeking new opportunities and strengthening the system. It was during this crisis that Rajasthan developed a comprehensive centralised repository of its manpower and an application 'Raj-Kaushal' to act as a bridge between the manpower and the potential employers. The State government’s current initiatives have proven that not even a crisis can deter Rajasthan from the path of progress.

“The announcement of One Stop Shop by Hon’ble Chief Minister is a highly welcome step. It was a long pending demand of CII and we have been requesting State Government to make BIP a Single Window in real sense wherein Nodal officers from various Govt departments can sit at BIP and provide all approvals to investors at one place. We are sure this decision will motivate investors to come to Rajasthan”, said Vishal Baid, Chairman, CII Rajasthan & President, Polymedicure Ltd