Thursday, Mar 28 2024 | Time 19:27 Hrs(IST)
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States » North


Punjab govt allows automatic renewal of licence facility

Chandigarh, Aug 5 (UNI) To become eligible to avail Additional Borrowing of two per cent of GSDP in 2020-21, and to further boost ease of doing business, the Punjab government has decided to allow facility of Automatic Renewal of Licence and Maintenance of Register in Electronic/Digital Format to the industries.
The state cabinet, which met under Chief Minister Capt Amarinder Singh through video conference on Wednesday, approved necessary amendments to the Factories Act, 1948 and Punjab Factory Rules, 1952.
As per the new Rule, a licence shall be renewed for one year digitally through automation mode if there is no change in particulars of licence from the previous granted/renewed licence and other conditions required by government.
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