Madhya Pradesh govt brings Ordinance to support investors, industrialists

After the Global Investors Summit in Indore, the Madhya Pradesh government has taken another initiative to reassure investors and industrialists of its support to them.

The state has issued an Ordinance called the Madhya Pradesh Udyogon ki Sthapna Evam Parichalan ka Sarlikaran Adhyadesh, 2023 (Madhya Pradesh Facilitation of Establishment and Operation of Industries Ordinance, 2023). 

This Ordinance will make it easy to establish units in the state. The state government will have it passed possibly in the Budget session of the Assembly.

The Ordinance will apply to industrial areas; micro, small, and medium enterprises (MSMEs); and IT clusters. It says