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The Tamil Nadu Business Facilitation (Amendment) Bill, 2026 was introduced in the State Legislative Assembly to speed up regulatory approvals for businesses.
Where a scheduled State law prescribes more than 21 days for a clearance, or prescribes no time limit at all, the period will be treated as 21 days.
Public and local holidays are excluded while counting the 21 days, and existing shorter timelines continue unchanged.
Where a Central law prescribes a longer period, that Central timeline prevails - the State law cannot override it.
The Bill also creates a Tamil Nadu Investment Promotion Commission, chaired by the Chief Secretary, to monitor large and strategically significant investments.
A high-level body to monitor large and strategically significant investments, oversee the clearance-granting agencies and remove structural bottlenecks. It is to track investments involving capital of Rs 200 crore or more, employment for 5,000 or more people, projects connected with free trade agreements, projects involving persons of Tamil origin living outside India, and any other category the State Government notifies.
GS Paper 2 > Polity and Governance - government policies and interventions; GS Paper 3 > Indian Economy - industrial policy and investment
General Awareness - state government schemes and initiatives
General Awareness - ease of doing business, industrial and investment policy
India's ranking in the 'Ease of Doing Business Index' is sometimes seen in the news. Which of the following has declared that ranking?
Answer: World Bank
Which one of the following is not a sub-index of the World Bank's Ease of Doing Business Index?
Answer: Maintenance of law and order
Who is the Chief Minister of Tamil Nadu (as of 2024)?
Answer: M.K. Stalin
Who was the Chief Minister of Tamil Nadu as of July 2023?
Answer: M.K. Stalin
What is the Official Language of the state of Tamil Nadu?
Answer: Tamil
A system in which an investor files one application on one portal and the state routes it to every department whose approval is needed, instead of the investor approaching each separately.
A provision under which an application is treated as approved if the authority does not decide within the prescribed period - the usual enforcement mechanism behind statutory timelines.
A law listed in the schedule to a facilitation Act, to which the Act's common procedures and timelines then apply.
The senior-most civil servant of a state, head of the state administration and of the state secretariat.