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Big News: Union cabinet approves production linked incentives for specialty steel; Tamil Nadu launches a single window clearance portal; Meghalaya announces a public private partnership policy to encourage investments; Union cabinet approves setting up of an infrastructure development corporation in Ladakh; and more.

Industrial Policy & Business Regulations

Tamil Nadu launches a single window clearance portal for its existing and new investors. The portal offers multiple services, including virtual meetings with departments, artificial intelligence-based chatbot facility, and deemed approval for select clearances. Source: New Indian Express; In detail: Press Release

Land Acquisition & Labor Regulations

Nothing critical to report this week

Infrastructure & Governance

Meghalaya cabinet approves a public private partnership (PPP) policy to encourage investments within the state. The policy also allows PPP for community-led infrastructure projects. Source: Nagaland Post; In detail: The PPP Policy

Karnataka reduces its stamp duty from five percent to three percent for registering apartments that cost between $47,000 to $60,500. Source: Economic Times

Union cabinet approves setting up of an integrated multi-purpose infrastructure development corporation in the union territory of Ladakh. Source: Deccan Herald; In detail: Press Release

Oil & Gas

Nothing critical to report this week

Water & Sanitation

Nothing critical to report this week

Power & Renewable Energy

Himachal Pradesh issues a levelized tariff for solar projects of up to five megawatts for the financial year 2021-22. Source: Mercom; In detail: Order

Health

Nothing critical to report this week

Business Negative Reforms

Nothing critical to report this week

Any Other

Nothing critical to report this week

Center – State Relations

Union cabinet approves a production linked incentive scheme for specialty steel. The scheme aims to provide incentives worth $848 million from 2023-24 to 2027-28. Source: Mint; In detail: Press Release