Photo Source: Babushahi Bureau
Mann Cabinet gives nod to reducing environment clearance processing fee for industrialists
Babushahi Bureau
Chandigarh, October 18, 2024: In a major initiative aimed at giving further fillip to the industrial development of the state, the Cabinet also gave nod to reduce the environmental clearance processing fee by introducing seven slabs-based processing fee structure for granting environmental clearance in the state.
The processing fee for granting environmental clearance in the state of Punjab for industrial projects is Rs. 10,000 per crore of total project cost, which includes the cost of land, building, infrastructure and plant and machinery.
As per new slab upto project cost of Rs 5 crore one time Environmental clearance processing fee will be Rs 25,000, from project cost worth Rs 5-25 crore it will be Rs 1.50 lakh, for project cost worth Rs 25-100 crore it will be Rs 6.25 lakh, for project cost worth Rs 100-250 crore it will be Rs 15 lakh, for project cost worth Rs 250-500 crore it will be Rs 30 lakh, for project cost worth Rs 500-1000 crore it will be Rs 50 lakh and for project having cost above than Rs 1000 crore it will be Rs 75 lakh.
However, Environmental clearance processing fees for the remaining categories of projects (such as Building and Construction, Area Development and Mining) would remain the same as already notified vide Notification No. 10/167/2013-STE(5)/1510178/1 dated 27.06.2019 and Notification No. 10/167/2013-STE (5)/308-313 dated 22.11.2019.