Kerala Cabinet Approves 'Saral Keralam' to Cut Investment Approval Time from Years to Days
· India · Hindustan Times, The Hindu
The Kerala Cabinet has approved the 'Saral Keralam' initiative to streamline and expedite investment approvals, amending 19 existing laws to implement a single-window mechanism. Under the scheme, proposals worth ₹25 crore to ₹50 crore will be processed at the district level, while larger investments above ₹50 crore will be handled by a state-level body. Chief Minister V D Satheesan announced that timelines have been fixed for departments to review proposals, with the Kerala State Industrial Development Corporation coordinating the process. The move aims to end prolonged delays—some proposals have been pending for up to seven years—and includes an appeal mechanism for objections. Satheesan called it a 'revolutionary step' to attract more investments to the state.
Why it matters
Investors in Kerala stand to benefit directly from faster approvals, reducing uncertainty and operational delays that have historically stalled projects. The state’s industrial and economic growth could see a boost as businesses face shorter timelines for project launches, potentially attracting more national and international capital to Kerala’s economy.
Read the original report — Hindustan Times
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