Changes in the structure and functioning of the Industries department are half of a set of initiatives to encourage recent investments in the State, Industries Minister P. Rajeeve stated right here on Monday. He was talking at the inauguration of Mission 1,000.
For occasion, the department will see tasks being given to officers to take care of varied segments such because the Year of Enterprises marketing campaign and Mission 1,000, he added.
The Minister stated different measures equivalent to industries on campus, speedy land allotment to industrial models, personal industrial estates, and coming collectively of entrepreneurs at the extent of native self-government our bodies would increase the efforts of the federal government to encourage investments.
The allotment of land in industrial areas and estates shall be finished shortly. The Revenue department has labored on the difficulty, and a draft is prepared for land allotment. Together with land allotment, sanction accorded to a dozen personal industrial estates will assist create a extra pleasant environment for investments.
Mr. Rajeeve stated the second Year of Enterprises would additionally see interns appointed earlier to potential traders visiting new enterprises to establish issues and bottlenecks.
Finance Minister Okay.N. Balagopal, who inaugurated the Mission 1,000 portal, stated the department would help efforts by the federal government to attract extra investments. He added that Kerala was in a place to deal with the rising areas of knowledge-based and technology-driven economic system. Support from the federal government had been forthcoming by way of curiosity subvention schemes and cheaper loans by way of establishments such because the Kerala Financial Corporation, he stated.
