Current Affairs - State - Discussion

The 'Udyog Kranti' initiative was launched by the state of Punjab on June 10, 2025, under the leadership of the Aam Aadmi Party government. It is India’s first comprehensive industrial reform package at the state level, aimed at making Punjab a prime industrial destination. The reform includes 12 pioneering measures such as a 45-day deemed approval system, a digital single-window FastTrack Portal, and a first-in-India colour-coded stamp paper system to consolidate all clearance payments. These initiatives focus on eliminating bureaucratic delays, enhancing investor confidence, and promoting transparent, accountable governance to stimulate industrial development across the state.