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Punjab to introduce unique colour coding for stamp papers- The New Indian Express

by India News Online Team
May 12, 2023
in India
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Punjab to introduce unique colour coding for stamp papers- The New Indian Express
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Express News Service

CHANDIGARH: Punjab at this time turned the primary state within the nation to launch unique colour-coded stamp papers to facilitate industrial development within the state.

Chief Minister Bhagwant Mann, right here at this time, introduce green-coloured stamp papers to facilitate the entrepreneurs establishing their items within the state. 

“This is a revolutionary step aimed toward selling ease of doing enterprise for the entrepreneurs desirous of establishing their items within the state”, stated Mann in a video assertion.

ਇੰਡਸਟਰੀ ਅਤੇ ਨਿਵੇਸ਼ ਕਰਨ ਵਾਲਿਆਂ ਨੂੰ ਲੈਕੇ ਵੱਡਾ ਫੈਸਲਾ…ਅਜਿਹਾ ਕਰਨ ਵਾਲਾ ਪੰਜਾਬ ਦੇਸ਼ ਦਾ ਪਹਿਲਾ ਸੂਬਾ ਹੋਵੇਗਾ । Live https://t.co/C3wPCGY7CQ

— Bhagwant Mann (@BhagwantMann) May 12, 2023

He stated that underneath the system, any industrialist who’s eager on establishing his industrial unit within the state can get this unique colour-coded stamp paper from Invest Punjab Portal by simply paying varied charges required for getting clearances within the type of CLU, forest, Pollution, Fire and different to arrange his unit whereas buying this single stamp paper solely. The industrialist will get all the mandatory clearances from all of the departments inside 15 days.

He additional stated that inexperienced colour stamp paper will symbolize that the industrialist has already paid the whole charge for the clearances required for the business. This first-of-its-kind initiative by the state authorities will give a significant fillip to the business in Punjab.

The Chief Minister stated that this concept had come from the conferences with the economic tycoons from throughout the state and throughout the nation through the run-up for Invest Punjab held earlier this 12 months. Mann envisioned that this can facilitate the industrialists in a giant approach by saving their time, cash and vitality.

He introduced that the identical colour coding can even be carried out in different sectors like housing and others to guarantee optimum utilization of the land sources on one hand and facilitate the folks on the opposite. Mann envisioned that this out-of-the-box thought will emerge Punjab as a front-runner state throughout the nation within the industrial sector.





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