Current Context : Recently, Government of Punjab launched the Punjab Udyog Kranti programme—India’s first comprehensive “industrial revolution” initiative—aimed at streamlining and fast‑tracking all clearances for setting up and expanding industries in the state.
About Punjab Udyog Kranti
Key Features
- Deemed Approval System: All approvals (environmental, land, utilities, building plans) guaranteed within 45 working days; previously took 60–120 days.
- Fast‑track Punjab Portal: Single‑window online platform for investors; absence of decision within 45 days triggers automatic approval with full legal validity.
- Self‑Certification: Applicants submit self‑declarations for building‑plan and stability certificates, reducing compliance burdens.