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Right To Business Bill, 2020
Which of the following states has recently passed the Right to Business Bill, 2020?
A |
Maharashtra
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|
B |
Gujarat
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C |
Punjab
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|
D |
None of the above
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Your Ans is
Right ans is C
Your Answer Is Correct
Your Answer Is Wrong
Explanation :
- On 14th January, 2020, the Punjab Cabinet gave its approval to a Punjab Right to Business Bill, 2020, a law aimed at ensuring ease of doing business for the Micro, Small and Medium Enterprises (MSME) sector.
- Notably, Punjab is home to approximately two lakh MSME units, which are one of the most important pillars of the industrial growth.
- The Act would encompass various regulatory services, including sanction of building plans, issuance of completion/occupation certificate for buildings, registration of new trade license under the Punjab Municipal Act, 1911 and the Punjab Municipal Corporation Act 1976.
Advantages
- The MSMEs in the state will get a big relief from the tedious process of getting regulatory approvals before setting up of the units.
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