Chapter-V

Exceptions

The District Committee or Divisional Committee or the State Board, as the case may be, shall not reject any proposal except for reasons to be  communicated in writing to the investor within seven working days of such rejection.
Provided further, that the investor may submit a revised proposal redressing the grounds of rejection of the initial proposal within a further period of fifteen working days; and any such revised proposal shall be deemed to be a new proposal  for  the  purpose  of Schedule-II of the Act.

Schedule - i

The Investment Promotion Authorities referred to in Chapter II shall receive, process and issue approvals in respect of applications for industrial and other investments in the State of Chhattisgarh, as per the following classification :-

(i)   All project proposals above Rs. 100.00 crores.
(ii)  All project proposals below Rs. 100.00 crores, where the project area falls in more than one division;

(i)   All project proposals below Rs. 100.00 crores and above Rs. 5.00 crores where the project areas falls within the same division;
(ii)  All project proposals below Rs. 5.00 crores, where the project area falls in more than one district of the division;

Rs. 5.00 crores or below, provided the entire project area falls within the same district.

[Explanation : For the purposes of this Schedule, the term “Capital Investment” shall have the same meaning as under the generally accepted accounting principles, prescribed by the Institute of Chartered Accountants of India]

Schedule - ii

(See Section - 5, 8 & 12)

1.    Preliminary Meeting with Convener of the Board or the Committee as the case  may be within 7 working days from date of expression of intent.
 
2.    Response to investor's proposal within 7 working days from the date of expression of intent or 3 working days from the date of the Preliminary Meeting which ever is later to be conveyed by the Point  of Investor Contact.
 
3.    Memorandum of Understanding to be signed within 15 working days from the date of communication of  response to the proposal followed by firm agreement as convenient to the investor between the investor and the appropriate agency or authority or undertaking of the Government.
 
4.    Land transfer in the case of government revenue lands, 45 working days from the date of identification and application to the Point of Investor Contact and payment of value thereof; and section 4 notification for Land Acquisition to be made within 15 working days; land transfer through private negotiations would be facilitated and once settled between the investor and the private land owners the mutation and registration formalities shall be completed within 30 working days - all land transfers have to be consistent with Constitutional and statutory provisions in regard to land in the Vth Schedule areas.
 
5.    Clearances in respect of other Local Government, or statutory requirements of the State Government or its agencies or authorities shall be obtained within a period of 30 working days from the date of land transfer, or 75 working  days from the date of identification of the site; which ever is earlier.
 
6.   Arrangement for requirements of infrastrucrture such as power shall be made within 45 working days from the date of land transfer, or 75 working days from the date of identification of the site for the project; which ever is earlier.
 
7.  All recommendations such as for mining or environmental clearances, where ever required to be forwarded to the Central Government, shall be so forwarded, complete in all respects of documentation, within 45 working days from the date of transfer of land, or 75 working days from the date of identification of the site; which ever is earlier.
 
8.  Preliminary Site visit for deciding on the location may be arranged free of cost if so required by the investor within 2 working  days of the preliminary meetings with the members of the Board or the Committees.