Functions of Governing Body

Remaining under the overall control and supervision of the State Government, the Governing Body shall provide total policy guidance and directions under this Act. (1) The Governing Body shall be responsible for defining strategy, direction and guidance for necessary Single Window approvals and industry simplification for its effective functioning. (2) Orders passed and decisions taken by the Governing Body shall be final and binding on all government departments, authorities and agencies, and such departments, authorities and agencies shall issue the required approvals and permissions within the stipulated time limit, provided the investor/applicant complies with the relevant provisions of the prevailing Acts and rules of the State/Central Government. (3) For the effective implementation of this rule, the Governing Body may grant or withdraw its powers/functions to the "High Empowered Committee" and the "Single Window" approval committee. (4) Meetings of the Governing Body shall be called as needed to complete its functions, but to review the performance of the "High Empowered Committee" and "Single Window" approval committee and to provide necessary recommendations where necessary, the body shall meet at least twice a year at a place to be determined by the Chairperson of the body. (5) The Governing Body may consider and take appropriate decisions on matters referred by the "High Empowered Committee" and the State Government. (6) The Governing Body shall recommend the approval of the financial incentive package as prescribed for large and ultra-large industries. (3) The Governing Body may assign or revoke its functions / powers to High Powered Committee and Single Window Clearance Committee for effective implementation of this Act. (4) The Governing Body shall meet as often as required to carry out its functions but it shall meet at least twice in every year at such place, as the Chairman of the Governing Body may decide, for performance review of the High Powered Committee and the Single Window Clearance Committee; and for providing necessary recommendations where required. (5) The Governing Body may also consider matters referred by the High Powered Committee and the State Government, and take appropriate decisions. (6) The Governing Body shall grant approval of financial incentive packages for Mega and Ultra-mega projects on the recommendation of the High- Powered Committee.