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Industrial projects to get security okay in 12 weeks

Industrial projects to get security okay in 12 weeks

Industrial and infrastructure project proposals will get security clearance within 12 weeks as the Home Ministry has streamlined the process by issuing a detailed guideline in this regard.

The decision has been taken as part of the Union Government´s push for attracting FDI for infrastructure projects and setting up of industries, which is expected to create jobs, revive economy and bring overall growth.

Under the new guidelines, the Home Ministry will decide on security clearances for any project forwarded by any Ministry or Department within a strict time-frame of 12 weeks. If there is any ´adverse´ comments by the security agencies for any project, the Home Ministry will share it with the nodal Ministry or Department compulsorily. However, in case of extraordinary situation, the Ministry will convey to the promoter the reasons for delay.

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