Yet another roadblock to the process of Industrial march falls by the wayside as the Indian Union Cabinet gave its approval for removal of ‘location restriction’ in setting up of industries.
The extant restriction under Industries (Development & Regulation) (IDRA) Act 1951 categorically states that a proposed project shall not be located within 25 kms from the periphery of the standard urban area limits of cities having a population of more than 10 lakhs according to 1991 census. The only exception permissible is - industries in electronics, computer software and printing & other non-polluting sectors and all such industries, provided they are located within industrial areas designated by the State Governments before July 24, 1991.
In consonance with its new mindset the Indian Cabinet found this restriction an unnecessary hurdle in setting up of industries, which clearly merits removal from the rule-book. And happily enough, it seems to be on its way out.
Move aside ‘old order’…there’s work to be done here!
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