CURRENT AFFAIRS

Detailed explanation-1: -Notes: The state government of Maharashtra has announced a plan named ‘Maha Parwana’, to attract fresh investments in industries. Under the scheme, the state will offer several incentives and offer a single-window clearance system for project execution.

Detailed explanation-2: -Single Window Clearance System is a facility provided by Maharashtra Industrial Development Corporation (MIDC) to industries and entrepreneurs with a commitment to promote Ease of Doing Business in Maharashtra by streamlining different processes and approvals required to establish and operate a business.

Detailed explanation-3: -MAHA-PARVANA- For all the proposals of foreign direct investment and. investment proposals of Rs. 50 Crore and above, the Government Letter of Assurance shall be given for commencing the construction and production without availing the permissions related to pre-set up as mentioned in the Schedule-I, .

Detailed explanation-4: -Government has issued Maharashtra Right to Public Services Ordinance, 2015 vide dated 31st August 2015 for giving efficient, transparent and timely deliveries to entrepreneurs.