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Punjab Govt Launches ‘Punjab Trade Commission’ to Simplify Business Processes for Small Traders and Entrepreneurs

The new initiative aims to reduce bureaucratic hurdles, promote ease of doing business, and boost Punjab's economy by providing timely solutions for traders' issues.
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Punjab: The Punjab Government, under the leadership of Chief Minister Bhagwant Mann, has taken a significant step to simplify business processes for small traders and entrepreneurs by launching the Punjab Trade Commission. The commission aims to minimize bureaucratic hurdles and provide faster resolutions to issues faced by businesses, strengthening the state’s economy in the process.

Key Objective: Simplifying Business Operations

Finance Minister Harpal Singh Cheema emphasized that the main objective of this initiative is to ease the approval processes and clearances required by businesses. By minimizing the need for traders to make multiple trips to various offices, the Punjab government aims to create a more efficient and business-friendly environment.

“The commission will address complaints and issues of traders in a timely manner, ensuring that the business community can focus on growth without unnecessary delays. This will contribute significantly to the state’s economy,” Cheema said.

Read also: Punjab Government’s ‘Our Elders, Our Pride’ Campaign Benefits Nearly 9,000 Senior Citizens

Punjab Trade Commission: A Platform for Quick Resolution

The Punjab Trade Commission will serve as a platform where small business owners and traders can resolve their issues quickly and efficiently. The commission will ensure organized systems, clear accountability, and timely solutions to the challenges faced by the business community. By doing so, it aims to save both time and money for traders, preventing lingering problems that could affect their operations.

Building Transparency and Promoting Ease of Doing Business

This initiative is also aligned with the Punjab government’s commitment to promoting transparency and enhancing the Ease of Doing Business (EoDB) in the state. Cheema highlighted that traders and small businesses are the backbone of the state’s economy, and they should not be bogged down by bureaucratic red tape.

“Our government is committed to creating a Punjab where honest businessmen can focus on expanding their businesses instead of getting caught up in paperwork, delays, and unnecessary hurdles,” said Cheema.

Review Meetings Held Across Key Districts

In preparation for the launch of the Punjab Trade Commission, review meetings were held in several districts, including Faridkot, Fatehgarh Sahib, Ludhiana, Moga, Malerkotla, Patiala, Rupnagar, Sangrur, Barnala, and Bathinda. These meetings brought together government representatives, local administration, and small traders to discuss operational methods and district-level coordination for the effective implementation of the commission.

A Step Towards Better Governance and Accountability

The Punjab Trade Commission is not just about resolving individual issues but also about improving the overall governance structure in the state. By ensuring better coordination and faster service delivery, the government is showing its commitment to making governance more transparent, accountable, and responsive to the needs of the business community.

Strengthening Punjab’s Economy

With the formation of the Punjab Trade Commission, the state is moving towards a more business-friendly environment that will encourage growth, foster economic development, and improve the ease of doing business. This initiative reflects the Bhagwant Mann-led government’s vision to create an ecosystem where businesses, particularly small traders and entrepreneurs, can thrive without unnecessary bureaucratic interference.

Read also: Punjab Government Halts Retrospective State Development Tax Recovery for De-Addiction Centre Employees


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