The Madhya Pradesh Investment Facilitation Act, 2008
The Madhya Pradesh Investment Facilitation Act, 2008
The Madhya Pradesh Investment Facilitation Act, 2008, establishes a streamlined framework to attract industrial investments and accelerate business setup across the state of Madhya Pradesh. It applies to entrepreneurs, companies, and state government departments responsible for granting statutory clearances. Under this law, the state government creates a dedicated Nodal Agency to receive applications and coordinate with various departments, alongside a State Level Empowered Committee to sanction major projects and oversee progress. By standardizing application procedures, empowering authorities to issue binding directions, and legalizing single-window facilitation, the Act reduces bureaucratic delays and fosters a business-friendly environment for new and existing industries.
- 1. Short title, extent and commencement
- 2. Definitions
- 3. Apex Level Investment Promotion Empowered Committee
- 4. Functions of Apex Level Committee
- 5. Powers of Apex Level Committee
- 6. Provided that the relevant provisions of the applicable Acts and Rules of the State Government or Central Government are complied with by the investor.
- 7. Functions of State Level Committee
- 8. Powers of State Level Committee
- 9. District Level Investment Promotion Empowered Committee
- 10. Functions of District Level Committee
- 11. Powers of District Level Committee
- 12. Nodal Agencies
- 13. District Level Committee District Trade and Industry Centre of the contorted District.
- 14. Functions of the District Level Nodal Agency
- 15. Combined application form
- 16. Self Certification
- 17. Time limit for processing of application
- 18. Penalty and cognizance of offence
- 19. Protection or action taken in good faith
- 20. Power to make rules
- 21. Power to remove difficulties
PDF: pending for this language.