The Punjab Cabinet on 22nd June 2020 has approved the Punjab Right to Business Rules, 2020 for setting up of MSME units on fast track across the state to ease the process of approval and clearances for setting up of MSME units.
Sanctions and approvals pertaining to building plan, completion certificate, trade licence registration, land-use change, factory building plan (except for industries involving hazardous process), as well as registration of shops or establishments, will be granted by the district-level nodal agency, headed by the Deputy Commissioner.
For setting up units in the approved industrial parks, the certificate of in-principle approval would be issued within three working days after the submission of declaration of intent by the applicant and for areas outside the Industrial Park, such certificate would be issued within 15 working days.
The said certificate would be valid for a period of three and half years, and the concerned unit shall apply for regular approvals not later than three years on the Invest Punjab Business First portal from the date of issuance of a certificate of in-principle approval.
Click here to read the notification.
