The CPI(M) led LDF government in Kerala today decided to promulgate an ordinance under its policy of 'Ease of Doing Business' for getting clearance to start industries from different departments without hurdles and delay. The state cabinet meeting, chaired by Chief Minister Pinarayi Vijayan, resolved to recommend to Governor Justice P Sathasivam to promulgate the 'Kerala Investment Promotion and Facilitation Act-2017', an official release said here.
The objective was to transform the state into a vibrant investment destination and accelerate its industrial growth, it said. The new act was being formulated after making amendments in seven legislations, including the Kerala Panchayat Raj Act, Kerala Groundwater Restriction Act, Kerala Shops and Commercial Establishment Act and Kerala Loading and Unloading act, the release said.