Chandigarh, June 15 (KNN) Punjab Chief Minister Bhagwant Mann on Tuesday handed over green colour-coded stamp paper to industrialists of the state.

Handing over the stamp papers, Mann said that this was a red letter day for the state’s industrialists. 

“This unique colour-coded stamp paper is a step forward towards ushering a new era of Industrial Revolution in the state,” he said.

The notification regarding this scheme was issued on May 12 this year by the state government.

CM Mann pointed out that Punjab is the first state to introduce green colored stamp papers to facilitate the entrepreneurs for setting up their units thereby giving much-needed fillip to industrial growth of the state.

Describing it as a revolutionary step aimed at promoting ease of doing business for the entrepreneurs desirous of setting up their units in the state, he said that any industrialist who is keen on setting his industrial unit in the state can get this unique colour-coded stamp paper from Invest Punjab Portal.

As per reports, the industrialists will have to just pay various fees required for getting clearances in form of CLU, forest, pollution, fire and other to set up his unit while purchasing this single stamp paper only.

“The same color coding will also be implemented in other sectors, like housing, to ensure optimum utilization of the land resources on one hand and facilitating the people on the other,” he added.

The green colour-coded stamp paper was handed over to two industrialists.  (KNN Bureau)