The Maharashtra Industry, Trade and Investment Facilitation Act, 2023

The Maharashtra Industry, Trade and Investment Facilitation Act, 2023

General202329 sections

This Act regulates the approval process for obtaining business permissions in Maharashtra, establishing an online Single Window System to streamline clearances. It applies to investors, entrepreneurs, and industrial undertakings seeking to set up or expand businesses in the state, as well as the government authorities responsible for issuing licenses. It matters because it enforces strict time limits for regulatory approvals. If a local authority delays an application, a state-level Empowered Committee takes over to resolve it. This system reduces bureaucratic red tape, coordinates joint inspection procedures, and enhances economic development by improving the overall ease of doing business.

PDF: pending for this language.