Vidhi Codex

Bare Act

The Chhattisgarh Audyogik Nivesh Protsahan Adhiniyam 2002

General200224 sections

This Act amends the Chhattisgarh Industrial Investment Promotion Act of 2002 to streamline industrial development in the state. It establishes District Investment Promotion Committees to facilitate and promote investment in industrial projects. These committees are granted overriding powers to approve land allotment, water sources, and other utilities, effectively cutting through bureaucratic red tape to accelerate project implementation and economic growth in Chhattisgarh. By centralizing these approvals, the legislation aims to make the state more attractive to investors and ensure smoother execution of industrial ventures.

Start reading →Read full ActSections
  1. 1. Short Title, extent and Commencement.
  2. 2. Amendment of section 2
  3. 3. Constitution of the District Investment Promotion Committee
  4. 4. Functions and overriding powers of the District Investment Promotion Committee
  5. 5. Constitution of the Divisional Investment Promotion Committee
  6. 6. Functions and overriding powers of the Divisional Investment Promotion Committee
  7. 7. Amendment of section 10
  8. 8. Amendment of section 11
  9. 9. Amendment of section 12
  10. 10. Procedure for sanction of incentives
  11. 11. Overriding powers of the State Investment Promotion Board
  12. 12. Points of investor contact
  13. 13. Facilitation services for the investor
  14. 14. Local Co-ordination Committee
  15. 15. Confidentiality
  16. 16. Transitional Provisions
  17. 17. Commitment for investment
  18. 18. Commitment for project affected persons
  19. 19. Exceptional grounds for rejection
  20. 20. Power to make rules
  21. SCHEDULE-I. (See Section - 5, 8 & 12)
  22. (8). Section (8)
  23. (9). Section (9)
  24. (10). Section (10)

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