Tamil Nadu sets 21-day deadline for industrial clearances
The state government aims to reach a $1.5 trillion economy by 2036 through fast-tracking investment via the Tamil Nadu Business Facilitation (Amendment) Act of 2026.
The Tamil Nadu government has established a 21-day deadline for industrial clearances to accelerate investment, according to a report by Deccan Chronicle.
During a Tamil Nadu Investment Promotion Commission (TNIPC) meeting on Saturday, it was decided that applications, licences, or no objection certificates (NOCs) not processed within 21 days will be treated as deemed approved.
Under this policy, accountability will be fixed for officials or departments that fail to meet the timeframe, though penalties will not be levied. Thousands of project applications will be tracked through Guidance Tamil Nadu.
The state has introduced over 25 administrative and land-use reforms, including targeting MSME plot allotments within 30 days and extending municipal trade licence validity to 10 years.
The 20-member TNIPC is chaired by Chief Secretary M Saikumar and reviews investment projects involving more than Rs 200 crore or those creating more than 5000 jobs.
The commission includes secretaries from departments such as finance, IT, MSME, energy, revenue, and labour, alongside representatives from the MCCI, CII, and FCCI.