Overview
- The Madhya Pradesh cabinet has approved seven major policies, including Industrial Conservation, Export Promotion, Logistics, City Gas Distribution, Tourism, Film Tourism, and Pump Hydro Storage.
- The Industrial Conservation Policy focuses on fast-tracked business approvals, sector-specific strategies, and incentives for Ultra Mega Projects exceeding Rs 100 crore.
- The new policies are designed to streamline permissions for investors through a single window system, ensuring transparency and timely approvals.
- The City Gas Distribution Policy seeks to expand access to piped natural gas for households and industries, promoting cleaner energy alternatives.
- The policies will be showcased at the upcoming Global Investor Summit 2025 in Bhopal, with Prime Minister Narendra Modi set to inaugurate the event.