Chandigarh, November 22
Punjab marked a major milestone in its industrial reform journey by launching Phase 2 of the Fast Track Punjab Portal under the dynamic leadership of AAP National Convenor Arvind Kejriwal and Chief Minister Punjab Bhagwant Singh Mann.
Cabinet Minister Sanjeev Arora informed that the upgraded single-window system now offers 173 Government-to-Business (G2B) services across 15 key departments, delivering faster approvals, digital tracking, auto-deemed clearances and enhanced transparency—further strengthening the state’s ease of doing business environment.
Furthermore, he added that a key advancement in Phase 2 is the introduction of the PAN-based Single Business Identifier, which consolidates all approvals, incentives, inspections and compliance requirements under one unified digital identity. The newly added E-Vault now allows investors to securely store documents and government-issued clearances, eliminating repetitive submissions and significantly reducing processing time.
Arora said our department continuously evolved with system upgrades to stay user-friendly, relevant and aligned with investor expectations. He highlighted major improvements including advanced scrutiny protocols, digital Green Stamp Paper issuance, expanded RTBA coverage and lifecycle-based workflows—positioning Fast Track Punjab as a comprehensive platform for industrial setup, expansion and operations.
Industries and Commerce Minister Sanjeev Arora emphasized the significant reforms introduced under the Punjab Right to Business Act (RTBA). He shared that ten major state-level clearances—including land allotment, construction permissions, environmental clearances and approvals related to PSIEC industrial parks—have now been brought under RTBA’s fast-track mechanism.
Arora announced that eligible projects located within approved industrial parks will now receive in-principle approval within five working days, while all other non-RTBA cases will be accorded clearances within a maximum of 45 working days. He stated that Phase 2 marks Fast Track Punjab’s evolution into a true lifecycle-based portal, covering establishment, expansion and operational permissions on a seamless digital platform.
Moreover, Arora stated that Invest Punjab has developed India’s most advanced single-window portal—a unified, single-entry and single-exit digital system that significantly enhances the ease of doing business in the state. He said Phase 2 is not merely an upgrade but a transformational leap towards greater speed, transparency and investor confidence, further positioning Punjab among the most efficient and investor-friendly states in the country.
Arora reiterated the government’s mission to build a governance ecosystem driven by technology, accountability and service quality to support sustained industrial growth. Punjab’s investment momentum continues to remain strong, with Rs 1.40 lakh crore worth of investments and over five lakh jobs created since 2022.
