The TRS government’s prestigious scheme, “TS-iPASS”, has begun with big claims but it has not got expected results. The ‘flagship scheme’ aimed to boost industrialisation in Telangana has witnessed receipt of applications comparatively lesser than several other states.
The scheme has brought some improvement in investments, but it is proving to be a challenge to enable Telangana to keep pace with other industrialised states. The single window clearance scheme is yet to make the state rise to the level of other developed states like Gujarat and AP.
As per the procedures, major industries with projected investments of more than Rs. 10 crore in manufacturing sector and Rs. 5 crore in the services sector should file an application under the Part-A for Industrial Entrepreneurs Memorandum (IEM).
In 2018, the investments under this in Telangana were not along expected lines as there just 50 Part-A IEM applications filed till September with their worth put at Rs 4.424 crore investment.
Between 2014 and 2018 (September), the number of Part-A IEM applications filed in Gujarat was as many as 1,856 applications with total investment worth of Rs 2.98 lakh crore. With regard to Karnataka, the number is 760 applications worth Rs 2.90 lakh crore while Telangana had only 542 applications worth Rs 58,655 crores of investment.
In Maharashtra and Andhra Pradesh, the number of applications filed were 1,633 and 691 with investments worth Rs 2.06 lakh crore and Rs 1.19 lakh crore.
