Bare ActsThe Meghalaya State Investment Promotion and Facilitation Act, 2024 (Act No. 6 of 2024)

Section 11

Constitution, powers, and functions of District Investment Committee.

Amendment status not verified — confirm the current text below against the official source.

(1) The Government may, by notifications, constitute a "District Investment Committee " for each district which shall consist of the Chairman, and members as follows: - Sl.No. Members Designation (1) Deputy Commissioner Chairman (b) General Manager-District Commerce & Industries Centres (DCIC) Member Secretary (c) Assistant Director of Commerce & Industries Member (d) Representative of Invest Meghalaya Authority Member (e) District Planning Officer Member (f) Pollution Control Board Officer of the District Member (g) District Officer of Labour Department Member (h) Executive Engineer of the District of concerned Electricity Distribution Company under which district falls Member (i) Divisional Forest officer Member (j) Such number of member or members as may be notified by the Government from time to time Member (2) The District Investment Committee shall be the Competent Authority at the district level and exercise the following powers and perform the following functions, namely: - (a) To meet monthly or as needed at such times and places as the Chairman of the Committee may decide and shall transact business as per the procedure as may prescribed; (b) To coordinate for all clearances for setting up of industrial units; (c) To review and monitor the processing of applications by the competent authorities; (d) To invite Competent authorities or experts or officials from other departments, who are not members of the Committee, as special invitees for any meeting of the District Investment Committee as desired by the Chairman of the Committee; (e) The Member of the District Investment Committee shall attend the meeting convened under clause (a) and in case he is unable to attend the meeting, he may depute an officer to take appropriate decision in the meeting; (f) Such other powers and functions as may be prescribed from time to time by Government or Governing Council or High-Powered Committee or State Investment Committee; (g) The District Investment Committee shall coordinate with all line departments for getting all clearances; (h) The District Investment Committee shall give in principle approval referred to it for investments up to one crore rupees; (i) The District Investment committee shall provide recommendation of financial incentive packages for Micro units under Industrial Policy.

Section 11 – The Meghalaya State Investment Promotion and Facilitation Act, 2024 (Act No. 6 of 2024) | DailyLaw.ai