Friday, June 13, 2025

Punjab

CM Mann Urges Industrialists to Leverage FastTrack Portal to Make Punjab India’s Next Industrial Powerhouse

June 11, 2025 11:40 AM

MOHALI: Punjab CM Bhagwant Singh Mann on Tuesday exhorted the Industrialists to take maximum benefit of Fasttrack Portal to emerge as an industrial hub of the country. Addressing the gathering, the Chief Minister said that FastTrack Punjab Portal which will ensure all the approvals to the investors within 45 days of application adding that it is the backbone of a re-imagined industrial governance model. He reiterated that these reforms are not the end rather they are the beginning of a movement, a movement where ease of doing business becomes a culture, not a slogan. Bhagwant Singh Mann said that Punjab has always been a land of courage, enterprise, and resilience and now, it stands ready to lead India’s industrial resurgence with the same spirit.


The Chief Minister said that in the last three years the state government has taken a number of initiatives to benefit every section of the society. He said that hitherto the Industrialists were considered as ATMs which can shelve money during the elections. Bhagwant Singh Mann said that the industrialists used to fund the traditional parties for just securing the right to work, so that they do not face any harassment.


The Chief Minister said that after assuming power his government has taken several key initiatives to facilitate the industrialists. He said that Punjab became the first state in the country to launch unique color coded stamp papers, to facilitate the entrepreneurs for setting up their units in the state thereby giving much needed fillip to industrial growth. Bhagwant Singh Mann said that this revolutionary step is aimed at promoting ease of doing business for the entrepreneurs desirous of setting up their units in the state.


The Chief Minister said that any industrialist who is keen on setting his industrial unit in the state can get this unique colour coded stamp paper from Invest Punjab Portal. He said that industrialists will have to just pay various fees required for getting clearances in form of CLU, forest, Pollution, Fire and other to set up his unit while purchasing this single stamp paper only. Bhagwant Mann said that after purchasing the stamp paper, the industrialist will get all the necessary clearances from all the departments within 15 days to set up his unit adding that several states are also asking the state to replicate it.


The Chief Minister said that the policies for the industry have been framed as per the need of industrialists and to facilitate them. He said that whatever the industry has demanded from the state government has been delivered at the earliest to facilitate the industry. Bhagwant Singh Mann said that this also the need of hour to boost economic activity in the region adding that the motive is to make Punjab an industrial hub.


The Chief Minister said that the state government had inherited a system when the industry from the state was fleeing to other states. He said that the industries were fed up from the extortion system that prevailed in the state during the tenure of the previous regimes. However, Bhagwant Singh Mann said that his government has restored the faith of industrialists by providing them an industrial friendly atmosphere coupled with a good law and order situation.


On the occasion Cabinet Ministers Harpal Singh Cheema and Tarunpreet Singh Sondh along with others were also present.

 

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