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Centre to set up Investment Clearance Cell for Entrepreneurs

Published: Feb 01, 2020

By TIOLCORPLAWS News Service

NEW DELHI, FEB 01, 2020: RECOGNISING the immediate impetus to create more jobs in the market, the FinMin in her Budget address had proposed to set up an investment clearance cell that will provide end to end facilitation and support at state and national level to entrepreneurs. The support would include pre-investment advisory, information related to land banks and facilitate clearances at Centre and also at the state level. The cell is expected to work through a portal.

Ms. Sitharaman has added that young men and women have given greener pastures elsewhere to contribute to India's growth and that they take risks and come up with disruptive solutions to festering challenges. Thus, she added that the government recognise the knowledge skills and risk taking capacities and capabilities of our youth. He is no longer a job seeker, he is a creator of jobs and now the centre wish to create more opportunities (for them) and remove roadblocks.

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