Tamil NaduSaturday, 7 November 2026·The Hindu - Tamil Nadu
Tamil Nadu sets up 20-member Investment Promotion Commission under amended Business Facilitation Act
Tamil Nadu constituted a 20-member Investment Promotion Commission to monitor high-value investments, with binding directions and a 21-day clearance timeline under the amended Act.
Key highlights
Direct fact
On November 6, 2026, the Tamil Nadu government issued an order constituting a 20-member Tamil Nadu Investment Promotion Commission headed by the Chief Secretary, after amending the Tamil Nadu Business Facilitation Act, 2018.
Key specifics
- The Commission has 20 members and is chaired by the Chief Secretary.
- The Secretary, Industries, Investment Promotion and Commerce, is the member-convener.
- It will review investments of ₹200 crore or more and projects expected to generate 5,000 jobs or more.
- The amended Act reduces clearance time under 22 State Acts to 21 days, excluding public and local holidays.
- The State’s target is to make Tamil Nadu a $1.5 trillion economy by 2036.
Exam lens
TNPSC polity-governance and economy question, Tamil Nadu Investment Promotion Commission, 20 members, 21-day clearance rule, ₹200 crore threshold, 5,000 jobs, Tamil Nadu Business Facilitation Act, 2018 — a likely match-the-following or statement-based item.