{"id":55741,"date":"2025-11-22T18:00:06","date_gmt":"2025-11-22T12:30:06","guid":{"rendered":"https:\/\/punjabenews.com\/English\/?p=55741"},"modified":"2025-11-22T20:42:29","modified_gmt":"2025-11-22T15:12:29","slug":"punjab-launches-rtb-act-2-0-on-punjab-invest-portal-to-better-ease-of-doing-business","status":"publish","type":"post","link":"https:\/\/punjabenews.com\/English\/punjab\/punjab-launches-rtb-act-2-0-on-punjab-invest-portal-to-better-ease-of-doing-business\/","title":{"rendered":"Punjab launches RTB Act 2.0 on Punjab Invest portal to better ease of doing business"},"content":{"rendered":"<p><span style=\"color: #ff0000;\">Punjab News:<\/span> Punjab marked a major milestone in its industrial reform journey by launching Phase 2 of the FastTrack Punjab Portal under the dynamic leadership of National Convenor of AAP Sh. Arvind Kejriwal and Chief Minister Punjab S. Bhagwant Singh Mann .<\/p>\n<p>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\u2014further strengthening the state\u2019s ease of doing business environment.<\/p>\n<p>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.<\/p>\n<p>He 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\u2014positioning FastTrack Punjab as a comprehensive platform for industrial setup, expansion and operations.<\/p>\n<p>Industries &amp; Commerce Minister Shri Sanjeev Arora emphasized the significant reforms introduced under the Punjab Right to Business Act (RTBA). He shared that ten major state-level clearances\u2014including land allotment, construction permissions, environmental clearances and approvals related to PSIEC industrial parks\u2014have now been brought under RTBA\u2019s fast-track mechanism.<\/p>\n<p>He 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 FastTrack Punjab\u2019s evolution into a true lifecycle-based portal, covering establishment, expansion and operational permissions on a seamless digital platform.<\/p>\n<p>Moreover, he stated that Invest Punjab has developed India\u2019s most advanced single-window portal\u2014a 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.<\/p>\n<p>He reiterated the government\u2019s mission to build a governance ecosystem driven by technology, accountability and service quality to support sustained industrial growth.<\/p>\n<p>Punjab\u2019s investment momentum continues to remain strong, with \u20b91.40 lakh crore worth of investments and over five lakh jobs created since 2022.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Punjab News: Punjab marked a major milestone in its industrial reform journey by launching Phase 2 of the FastTrack Punjab Portal under the dynamic leadership of National Convenor of AAP Sh. Arvind Kejriwal and Chief Minister Punjab S. Bhagwant Singh Mann . Cabinet Minister Sanjeev Arora informed that the upgraded single-window system now offers 173 [&hellip;]<\/p>\n","protected":false},"author":4,"featured_media":55742,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[19,20],"tags":[],"class_list":["post-55741","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-latest","category-punjab"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v26.2 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Punjab launches RTB Act 2.0 on Punjab Invest portal to better ease of doing business - PunjabENews<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/punjabenews.com\/English\/punjab\/punjab-launches-rtb-act-2-0-on-punjab-invest-portal-to-better-ease-of-doing-business\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Punjab launches RTB Act 2.0 on Punjab Invest portal to better ease of doing business - PunjabENews\" \/>\n<meta property=\"og:description\" content=\"Punjab News: Punjab marked a major milestone in its industrial reform journey by launching Phase 2 of the FastTrack Punjab Portal under the dynamic leadership of National Convenor of AAP Sh. 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