Overview
- The FastTrack Punjab Portal now provides a single application window guaranteeing all required industrial approvals within 45 days, with a deemed approval mechanism that automatically clears applications if departments miss deadlines.
- Investment projects up to Rs 200 crore receive full approvals within three days, while ventures up to Rs 125 crore secure in-principle clearance in three days inside industrial parks and 15 days outside.
- A digitally tracked workflow, auto-escalations and real-time status updates deliver end-to-end regulatory clearances across industry, institutional and service sectors.
- Under Punjab Udyog Kranti, the state rolled out 12 reform measures including a self-certification process for building plan and structural stability approvals and unique color-coded stamp papers to streamline statutory fees.
- Chief Minister Bhagwant Mann and AAP leader Arvind Kejriwal have assigned chief secretary oversight for officer accountability to ensure timely decisions and enforce explanations for any clearance delays.