India, Nov. 6 -- Punjab's Industrial and Business Development Policy 2026 places emphasis on a digital single-window system and time-bound approvals to simplify processes for businesses and investors. The system is intended to bring different regulatory procedures onto a common platform and make it easier for companies to navigate approvals involving multiple government departments.

The policy document envisages a single platform for more than 120 regulatory approvals. Such a mechanism could reduce the need for investors to approach different departments separately and help make the process of setting up or expanding businesses more straightforward.

The effectiveness of a single-window system, however, depends on how efficiently applica...