Chandigarh: Punjab advanced its industrial reform agenda with the launch of Phase 2 of the FastTrack Punjab Portal, unveiled under the leadership of AAP National Convenor Arvind Kejriwal and Chief Minister Bhagwant Singh Mann.
Industries and Commerce Minister Sanjeev Arora said the upgraded single-window portal now provides 173 Government-to-Business services across 15 key departments. The enhanced platform is designed to deliver quicker approvals, real-time tracking, auto-deemed clearances and stronger transparency, marking a significant step in improving the ease of doing business.
He highlighted that one of the core features in this phase is the introduction of a PAN-based Single Business Identifier. This unified digital identity brings all approvals, inspections, compliance requirements and incentives under one system, simplifying the entire process for industries.
The minister added that the new E-Vault enables investors to store documents and government clearances securely, reducing repetitive submissions and allowing faster processing. He noted that the department continues to upgrade the portal to keep it user-friendly and aligned with investor expectations.
According to Arora, Phase 2 also brings major process reforms, including strengthened scrutiny mechanisms, digital Green Stamp Paper issuance, wider RTBA coverage and lifecycle-based workflows. These changes further position FastTrack Punjab as an end-to-end platform supporting industrial establishment, expansion and operational activities.
He emphasized the key role of the Punjab Right to Business Act (RTBA) in these reforms. Ten major clearances—ranging from land allotment and construction permits to environmental approvals and permissions within PSIEC industrial parks—have now been integrated into the RTBA fast-track system.
Projects located in approved industrial parks will receive in-principle approvals within five working days, while other cases will be processed within a maximum of 45 working days.
He said Phase 2 marks the evolution of FastTrack Punjab into a complete lifecycle management portal, ensuring seamless navigation for businesses at every stage. He added that Invest Punjab has now developed one of India’s most advanced single-window systems, offering a unified entry and exit point for investors.
Calling the upgrade a transformational step, Arora said the new phase delivers faster processes, greater transparency and higher investor trust, placing Punjab among the country’s most efficient and business-friendly states. He reaffirmed the government’s commitment to developing a governance system built on technology, accountability and service excellence to support long-term industrial growth.
Punjab continues to attract strong investments, recording ₹1.40 lakh crore in new commitments and generating over five lakh jobs since 2022.
