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Himachal

Himachal : Govt. approves establishment of TIPC to attract big-ticket investments in state

August 05, 2025 04:51 PM
Himachal : Govt. approves establishment of TIPC to attract big-ticket investments in state

Punjab Newsline, Shimla-

To boost private investment in Himachal Pradesh’s tourism sector, the State Government has approved the establishment of the Tourism Investment Promotion Council (TIPC), a single-window mechanism for fast-tracking project approvals and providing comprehensive investor facilitation. The TIPC will serve as a dedicated platform to evaluate and approve tourism projects with an investment of Rs. 50 crore and above. It will be chaired by Chief Minister and supported by an Investment Promotion Cell within the Department of Tourism.

Aimed at creating an investor-friendly ecosystem, the Council will be governed by the principles of minimum regulation, maximum facilitation, and time-bound decision-making. To ensure uniformity and efficiency, standardized formats for document submissions will be introduced across departments such as PWD, Pollution Control Board, Revenue, TCP, Fire Services and Jal Shakti.

A key feature of the initiative is the creation of a proactive system wherein the onus of project preparedness will rest with the Government, thereby significantly reducing entry barriers for prospective investors in the State. Furthermore, except in cases involving statutory approvals (e.g., under Section 118 or environmental clearances), projects will be deemed approved if not cleared within the stipulated time frame.

A Government Spokesperson said, “Tourism is a vital economic driver for Himachal Pradesh, contributing significantly to employment generation, income creation and balanced regional development. However, fragmented governance, slow approvals, and inadequate investor facilitation have hampered sectoral growth. Under the leadership of Chief Minister Thakur Sukhvinder Singh Sukhu, the State Government has launched TIPC as a strategic, policy-aligned body to attract, assess and enable tourism investments in a streamlined and transparent manner.”

The State-level apex body will convene monthly meetings to examine and approve investment proposals in a time-bound manner. In addition to approvals, TIPC will also recommend procedural and policy-level reforms to enhance the overall investment climate in the tourism sector and position Himachal Pradesh as a premier investment destination.

He said that this initiative reaffirms the Government’s commitment to transparency, efficiency, and ease of doing business, while accelerating the transformation of Himachal Pradesh into a world-class tourism hub.

 

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