By investing in Madhya Pradesh, one can get progress for self along with contributing in the State's progress. Industries Minister Rajendra Shukla said at the 'Make in India' session of the Global Investors Summit-2016 at Indore today. Shukla said that mission of 'Make in India' would not be achieved without ease of doing business. He said that infrastructure development is necessary for it. Twenty four hours electricity is being supplied. Dry ports have been developed in the state. All divisional headquarters will be connected with four-lane road in next two years. He said that people have increased confidence in 'Invest Madhya Pradesh'.
Chief Secretary Antony De Sa said that labour laws have been simplified. He said that one register has been made, abolishing 62 registers. Micro industries have been provided relaxation in nine labour laws. The Chief Secretary said that investment to the tune of Rs 2.75 lakh crore was received in last two years because of efforts by state government. Along with this, production has started in 100 units. Important procedural amendments have been made in industrial permission related issues. Five point test policy has been introduced. Services are being provided within time under public service guarantee act. Action has been taken against officers not following the time frame. Madhya Pradesh is one among the top five states in Ease of Doing Business. GDP of the state is in double digit. Besides having surplus status in electricity supply, 1000 MW electricity will be generated through solar and renewable energy sources in next two years.
Revenue secretary of union government Hasmukh Adhiya said that India is brightest spot of the world for industries and MP is of India. He said that India has the highest growth rate in the world. Madhya Pradesh has achieved remarkable growth in every sector in last ten years. Adhiya said that service sector has huge potential for employment. Infinite possibilities are in tourism sector. He detailed provisions of GST. GST will support make in India mission. Multiplicity of taxes will not be there. No check post will be there. Online registration will be issued in three days. Electronic tax payment will be done. E-application for refund will be given in two years and refund will be sanctioned in 90 days for payment directly in bank account. There will be e-return facility. Adhiya said that Madhya Pradesh can be logistic hub because of its geographical advantage. It will be cost effective to bring material from here.
Union secretary, industrial policy and promotion Ramesh Abhishek said that commercial bench and courts would be set up in all states. He said, India is developing as manufacturing hub. The government of India has implemented many reforms for industrialization. Tax policy has changed. Facilities are being provided along with necessary reforms. Shri Abhishek said that all needed permissions are being issued through single window system in Madhya Pradesh. Business-friendly environment has been created. Reforms related with bank solvency are being made.
Chief Economist of World Bank Sebastian Sage said that India is developing fast in countries of South Asia. He said that there are huge possibilities for export. Director General of Confederation of Indian Industries Chandrajeet Benarjee said that many states made important amendments in industrial promotion policy after launch of make in India mission.
He said that inspector raj has been removed in Madhya Pradesh.