Fast-Track Punjab Industry portal and New Industrial Policy 2026

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Last Updated: 10 October 2026

Fast-Track Punjab:
-- Single-window portal for industry; all approvals within 45 days[1][2]
-- Deemed approval if a department does not respond in time[1:1][2:1]
-- 8 Oct 2026: Financial Incentives Module (Passbook) launched, so investors can track their incentives on the portal instead of visiting multiple offices[3]

Industrial & Business Development Policy 2026 (launched 7 Mar 2026, Ludhiana):[4]
-- 1 Main policy plus + 24 sector-specific policies
-- Incentives up to 100% of Fixed Capital Investment

Fast-Track Punjab portal

Date Milestone
8 Oct 2026 Financial Incentives Module (Passbook) launched; approvals within 45 days through a single window[3:1]
21 Nov 2025 Phase 2: 173 industrial services on one platform (earlier 47 services from 9 departments); in-principle approval within 3 days for units investing up to ₹125 crore; fixed 45-day timeline for most services; deemed approvals; AI chatbot, WhatsApp support and investor helplines[1:2][2:2]
10 Jun 2025 Portal launched by CM Mann[5]
  • Amended Punjab Right to Business Rules, 2025 simplify pre-construction approvals (factory licences, consent to establish/operate, stability certificates, NOCs); land ownership verification to fee payment is digital[1:3]

Industrial & Business Development Policy 2026[4:1]

  • Approved by Cabinet and launched on 7 Mar 2026 before nearly 200 industrialists[4:2][6]
  • Investors can choose from up to 20 incentives to build their own package; capital subsidy introduced for the first time
  • Modernisation and expansion projects eligible
  • Employment Generation Subsidy eligibility lowered to ₹25 crore investment and 50 workers
  • Higher employment incentives for women, SC/ST, persons with disabilities, IT/ITeS and GCC
  • 25% additional incentives for nine thrust sectors and for industry in border and Kandi areas
  • Land, labour housing, R&D, ETP/STP/ZLD and environmental infrastructure counted in Fixed Capital Investment
  • Freight and marketing subsidy for exports; startup seed grants and a Government Startup Hub in Mohali
  • Extended incentive period up to 15 years; a committee for customised packages for mega projects
  • Separate sector policies include IT/ITeS and GCC, EV, electronics (ESDM), semiconductor, filmmaking and tourism
  • Special focus on MSMEs; film studios, hospitals and hotels included; Industrial Park Policy for 25+ acre parks[7]

Dec 2025: Cabinet replaced the bank guarantee requirement for fiscal incentives under the 2022 policy with a first charge on the property (stamp duty exemption) and a new mechanism for CLU/EDC exemption, releasing industry working capital[8]

Aug 2025: 24 sector-wise industry committees formed to shape the new policy through stakeholder consultation[9]

References:

  1. https://www.babushahi.com/full-news.php?id=213843 (Punjab Govt Press Release, 21 Nov 2025) ↩︎ ↩︎ ↩︎ ↩︎

  2. https://www.babushahi.com/full-news.php?id=213872 (Punjab Govt Press Release, 22 Nov 2025) ↩︎ ↩︎ ↩︎

  3. https://www.babushahi.com/full-news.php?id=227908 (Punjab Govt Press Release, 8 Oct 2026) ↩︎ ↩︎

  4. https://www.babushahi.com/full-news.php?id=218115 (Punjab Govt Press Release, 7 Mar 2026) ↩︎ ↩︎ ↩︎

  5. https://www.babushahi.com/full-news.php?id=205589 (Punjab Govt Press Release, 10 Jun 2025) ↩︎

  6. https://www.babushahi.com/full-news.php?id=218116 (Punjab Govt Press Release, 7 Mar 2026) ↩︎

  7. https://www.babushahi.com/full-news.php?id=219612 (Punjab Govt Press Release, 10 Apr 2026) ↩︎

  8. https://www.babushahi.com/full-news.php?id=215012 (Punjab Govt Press Release, 20 Dec 2025) ↩︎

  9. https://www.babushahi.com/full-news.php?id=208781 (Punjab Govt Press Release, 8 Aug 2025) ↩︎

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