Telangana Industrial Policy(TS-IPASS) ranks top in the worlds best policies.
Telangana State Industrial Project Approval and Self Certification System is also known as(TS-IPASS)
Lets understand the policy & know why it is significant.
Telangana industrial policy is implemented by telangana govt to encourage start ups & investments.
If any individual or organization wants to start a business in telangana state, TS-IPASS assists you with its self certification program.
All you have to do is submit an application through online & have to wait for just 15 days to get the approval.
15 days is very short time to get an approval. How its possible ?
since it is a self certification programe, Your application will be a SINGLE WINDOW CLEARANCE.
Generally there are assumptions that govt says single window clearence, But there could be multiple windows behind a single window.
So here is the clarification :
If your application is not approved in 15 days, You do not have to worry !
Because,According to the policy,On the 16th day, Your application is deemed to be approved by default.
You are authorized to start or run business.Having said that, If your application is not approved in 15 days by Govt, Its an auto approval & Govt is liable for a penal action for not delivering the promise in time.
This is first of its kind. Therefore Telangana Industrial Policy Ranks top in worlds best policies.
Hope this information was helpful to you.
Thank you & Happy Reading