InvestorQ : What is a one-stop-shop scheme launched and will it help in the midst of COVID-19 pandemic?
Isha Tharwani made post

What is a one-stop-shop scheme launched and will it help in the midst of COVID-19 pandemic?

Answer
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Ira Shah answered.
3 weeks ago


In July 2020, Rajasthan State Cabinet has approved the One-stop scheme for facilitating time-bound approvals and clearances of capacity expansion and fast-tracking investments.

Features:

  • This scheme will function under the Bureau of Investment Promotion (BIP) of the industries department
  • Under this scheme, entrepreneurs looking to invest above Rs 10 crore could be able to get 98 different types of clearances under one roof.
  • This scheme will bring a transparent and hassle-free environment for investments emerging for the State.
  • Officers from 14 major departments such as energy, labour, urban development, local self-government, consumers affairs, tourism, revenue, public works, health, State Pollution Control Board, and Rajasthan State Industries Development & Investment Corporation shall become a part of this scheme to provide effective remedies to investors.
  • This is a step taken by the state to promote investments and to give relief to the investors amidst this COVID-19 pandemic situation.