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What all is on offer in Punjab’s Udyog Kranti initiative

The salient features of the new industrial initiative by the Punjab government
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Participants at the Udyog Kranti meet. Tribune photo
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The steps taken by the Punjab government in order to simplify the procedure required to set up industry in the state

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*All approvals in just 45 days

*Fas-track Punjab portal – single-window system

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*Up to Rs 125 crore investment approvals in just 3 days

*Land feasibility report in 15 days

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*New subdivision policy for industrial plots

*Leasehold to freehold land conversion

*Rs 250 crore incentive package for industries

*Self-certification for building plan and stability certificate

*Auction of 260 industrial plots

*Rs 300 crore to revamp 52 industrial hubs

*Fire NOC simplified – no more yearly hassle

*Land use conversion policy for industrial plots

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