Government of Kerala, over the years, have taken earnest and proactive steps to improve the business environment in the State. With the amendments/modification made as a part of the Ease of Doing Business initiatives, Kerala is now transforming itself as an emerging destination for setting up industries and doing business.
In order to create a conducive environment for investors and improve the ease of doing business in the state, the Government of Kerala has now developed a single window online clearance mechanism in the State - KSWIFT. It is an integrated platform for entrepreneurs to apply for all requisite clearances in the State and also provides independent and composite licenses. A provision for deemed clearances has also been introduced. The basic aim is to convert Kerala into a budding investment destination with an eco-friendly and sustainable model that helps in the production of long term employment opportunities at globally acceptable wages.
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Government of Kerala has also implemented an Invest Kerala Portal, which is a single window facilitator for investment promotion for prospective and aspiring investors. The Invest Kerala Portal is the common repository for land bank details, investor wizard, various services, schemes, lenders etc.
An Investment Promotion and Facilitation Cell (IPFC), has been constituted by Govt. (vide G.O (Ms.)No.100/2017/ID dtd.12.10.2017.) to track the progress of applications submitted online, obtain regular feedback from the stakeholder departments / agencies, remove bottlenecks if any and ensure time-bound disposal of applications. MD, KSIDC is the ex-officio CEO of the State cell to be stationed in KSIDC; the requisite infrastructure is to be provided by KSIDC at the Thiruvananthapuram office. The IPFC shall function at the district levels also.
Government of Kerala has published amendments to seven Acts and 10 rules as a part of improving Ease of Doing Business (EoDB) ranking. These include: