Punjab to get Bureau of Investment Promotion

Deputy Chief Minister of Punjab Sukhbir Singh Badal has okayed the formation of India's maiden Punjab Bureau of Investment Promotion, an apex body for all industrial issues, to provide hassle-free clearances and approvals for setting up of new industries under one roof through 'single window' system.

Badal also asked the authorities concerned to bring the draft Bill in this regard in the coming Cabinet meet so that the single window system for the facilitation of industries could be implemented as soon as possible. Adding further, he asserted that this first of its kind investment promotion bureau would be made functional before Progressive Punjab Investors' Summit scheduled on December 9 and 10.