Hindustan Times ·
Cabinet approves 'Saral Keralam' to fast-track investment approvals, says CM Satheesan
Thiruvananthapuram, The Keralam Cabinet on Wednesday approved a new initiative, 'Saral Keralam', aimed at simplifying and speeding up approvals for investments in the state, with the government amending 19 existing laws as part of the scheme, Chief Minister V D Satheesan said here on Wednesday.
The initiative, based on the principle of "One State, One Approval, One Document", will provide a single-window mechanism for investment approvals.
"Under the scheme, investments between ₹25 crore and ₹50 crore will be handled by a district-level body, while proposals above ₹50 crore will come under a state-level body," Satheesan told reporters after chairing the Cabinet meeting.
