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Extraordinary Gazette of India · Government of India

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Published 30 October 1973

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E-1309-1973-0254-57915
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REGISTERED No. D. 221

The Gazette of India

EXTRAORDINARY

PART I—Section 1

PUBLISHED BY AUTHORITY

No. 254] NEW DELHI, TUESDAY, OCTOBER 30, 1973/KARTIKA 8, 1895

Separate paging is given to this Part in order that it may be filed

as a separate compilation

MINISTRY OF INDUSTRIAL DEVELOPMENT

RESOLUTIONS

New Delhi, the 30th Oct 1973

No. x/X/73-(SI A).—In pursuance of Government's decision to streamline industrial approval procedure, it has been decided to constitute a Licensing-cum-MRTP Committee, which will be responsible for the simultaneous consideration of applications for industrial licence and notices /applications under Sections 21 and 22 of the Monopolies and Restrictive Trade Practices Act, 1969.

2. Government have constituted a Licensing Committee under Rule 10 of the Registration and Licensing of Industrial Undertakings Rules 1962. This Committee with the co-option of Secretary, Department of Banking, Ministry of Finance, shall constitute the Licensing-cum- MRTP Committee.

3. The Licensing-cum-MRTP Committee will have the powers of the Licensing Committee and shall also function as the Advisory Committee to render advisee to the Central Government in regard tonotices/applications under Sections 21and 22 of the MRTP Act, 1969.

ORDER

Ordered that a copy of the resolution be communicated to members and to all departments of the Government of India. Ordered also that the resolution be published in the Gazette of India for information.

(1459 )

1460 THE GAZETTE OF INDIA EXTRAORDINARY [PART I—SEC. 1)

N o. 1/1/73-CSIA).—'In pursuance of Government's decision to stieumline industrial ap- proval procedures, it has been decided to constitute a Projects Approval Board to provide overall guidance and supervision to the Secretariat for Industrial Approvals constituted in the Ministry of Industrial Development and to the Administrative Ministries and Technical Authorities who are involved in industrial approvals.

2. T he composition of the Projects Approval Board will be as follows :—

(1) Secretary, Ministry of Industrial Development . , , Chairman (2) Secretary, Planning Commission . . . .. Member

(3) Secretary, Department of Economic Affairs . .. "

(4) Secretary, Department of Company Affairs ,

,, (5) Secretary, Ministry of Commerce

„ (6) Secretary, Department of Banking

„ (7) Socretary, Department of Science & Technology . .. ,1

(8) Director General, Technical Development . . .. „

(9) Director General, Council of Scientific and Industrial Research „

3. T he Projects Approvol Board will co-opt the Secretary of the Administrative Ministry concerned in dealing with industries dealt with by the Ministry.

4. T he functions of the Projects Approval Board will be as follows :—

(i) T he PAB will undertake detailed periodical reviews in respect of pendencies of letters of intent, industrial licences, foreign collaboration, capital goods and M R TP applica- tions. T he review will specifically identify delays in various agencies lnvoled, fl* targets for clearing arrears and provide for information on disposals to the PAB.

[PART t—SEC. 1] THE GAZETTE OF INDIA EXTRAORDINARY 1461

(ii) The PAB will review the progress of implementation of letters of intent and industrial licences up to the stage of the actual commissioning of capacity.

(iii) The PAB will provido the forum at which policy questions that affect a large number of applications will be brought up and resolved BO that delays arising from uncertain policy guidelines can be effectively reduced.

(iv) The PAB will directly deal with simultaneous/composite applications for industrial approvals.

5. The Licensing Committee, Foreign Investment Board, Capital Goods Committee and the Licensing-cum-MRTP Committee (which has been separately constituted) will function as Com- mittees of the PAB.

ORDER

Ordered that a copy of the resolution be communicated to members and to all departments of the Government of India. Ordered also that the resolution be published in the Gazette of India for general information,

S. K. SAHGAL, Jt. Secy.

1462 THE GAZETTE OF INDIA EXTRAORDINARY [PART I—SEC. 1]

PRINTED BY THE MANAGER, GOVERNMENT OF INDIA PKES3, MTNTO ROAD, NEW IViKI AND PUBLISHED BY THH CONTROLLER OF PUBLICATIONS, DELHI, 1073-

Cite this issue. Extraordinary Gazette of India, Government of India, 30 October 1973. Indian Gazettes, https://egazette.servantsofknowledge.in/details/in.gazette.csl_extraordinary.1973-10-30.E-1309-1973-0254-57915/. Archive identifier in.gazette.csl_extraordinary.1973-10-30.E-1309-1973-0254-57915.