Green Stamp Paper Transformed the Industrial Landscape of Punjab
Punjab Newsline, Chandigarh, February 17-
The Green Stamp Paper initiative, introduced by Chief Minister Bhagwant Singh Mann, is a unique move by the Punjab government for industries. This is an online process that has increased transparency and eliminated the possibility of fraud in land acquisition. The Green Stamp Paper is issued only after obtaining the necessary approvals for land acquisition, allowing industries to register their sale deeds seamlessly.
Minister Tarunpreet Singh Sond stated that, due to the Green Stamp Paper initiative and the Punjab government’s commitment to industrial growth, the state has received investment proposals worth Rs. 94,203 crore between March 2022 and now, in nearly three years. This investment is expected to generate employment for over four lakh individuals. He also invited other industrialists to invest in Punjab, emphasizing that the state’s industry-friendly policies have attracted major industrial houses to establish their units here.
He further added that Punjab offers a favorable, suitable, and peaceful environment for investment. The government is working with complete dedication towards industrial development.