List of NOCs for setting up MSMEs in Punjab given approval

Chandigarh, August 16

To boost the ease of doing business for Micro, Small and Medium Enterprises (MSMEs), the Cabinet has approved a list of no-objection certificates (NOCs) required for setting up industries in the state. The list is based on recommendations of the Global Alliance for Mass Entrepreneurship (GAME) — an organisation engaged by the government to make the state a progressive industrial hub.

A spokesperson said a two-year memorandum of understanding was signed between the state Department of Industries & Commerce and GAME in November 2020 to initiate new reforms.

One of the areas identified by GAME was streamlining NOCs required by an investor from various departments during the pre-operationalisation and post-operationalisation stages. — TNS