The Punjab Cabinet has given its approval to a Punjab Right to Business Bill, 2020.

ABOUT THE BILL

The Right to Business Act is aimed at easing the regulatory burden on newly incorporated MSMEs by providing enabling provision of self-declaration and also exempting them from certain approvals and inspections for establishment and operations of MSMEs in the state.

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.

OTHER DECISION

The cabinet also decided to recommend to the Governor to summon the 10th Session of the 15th Punjab Vidhan Sabha as per the Article 174 (1) of the Constitution of India, for two days on January 16 and 17.

It also gave go-ahead for placing a resolution to ratify the Constitutional (126th Amendment) Bill.

The Constitution (126th Amendment) Bill, 2019 seeks to extend the reservation for scheduled castes in Punjab for another ten years with effect from January 25, 2020.

The cabinet also approved the enactment of the Punjab Goods and Services Tax (Amendment) Ordinance, 2019, with the relevant Bill.

Topic- GS Paper 2 –Governance

Source- Indian Express

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