Punjab govt broadcasts relaxations for trade to spice up funding

Chandigarh, July 24

To encourage funding within the state amid the COVID-19 pandemic, the Punjab authorities has introduced a slew of relaxations for trade, together with extension of validity of statutory clearances with out inspection, in accordance with an official assertion.

Detailed pointers to this impact have been issued by the Punjab Pollution Control Board (PPCB), which finalised the relaxations, on the directives of Chief Minister Amarinder Singh, as per the official assertion launched on Friday.

The transfer is geared toward additional easing the method of acquiring statutory clearances in these troublesome circumstances, a spokesperson of the Chief Minister’s Office mentioned within the assertion.

He mentioned the relaxations will assist instill confidence amongst buyers and encourage them to spend money on the state in the course of the present coronavirus pandemic in a hassle-free method.

PPCB Chairman S S Marwaha, as quoted within the assertion, mentioned the board had prolonged the validity of consent to ascertain and function, authorisation, registration and another necessary regulatory clearances as much as June 30, 2020, in view of the pandemic.

The validity of the clearances has additionally been additional prolonged as much as March 31, 2021, with sure stipulations on submission of software with out conduct of any inspection by the Board, he mentioned.

In order to make sure the participatory regulatory compliance of the environmental laws, the industries that have been working with out the consent of the board have been given time until December 31 this 12 months to use for acquiring clearances below the voluntary disclosure scheme, mentioned Marwah.

They can achieve this with exemption to deposit the consent price previous to November 1, 2018, and cost of one-time notional price of Rs 5,000.

Meanwhile, Principal Secretary (Science, Technology and Environment) Alok Shekhar mentioned these initiatives would immensely help the trade in finishing their regulatory compliances and can improve the regulatory regime by the small-scale industries throughout these making an attempt circumstances. —PTI


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