Economics · Economy

What is the primary objective of the Punjab Right to Business Act, 2020?

Verified Solution4 OptionsUpdated: October 2026👁️1 View

1Providing direct financial subsidies to sick large-scale industries.
2Simplifying regulatory requirements and streamlining time-bound approvals for MSMEs.✓
3Attracting foreign direct investment exclusively in the IT sector.
4Regulating corporate business tax structures within the state.

Correct answer

Simplifying regulatory requirements and streamlining time-bound approvals for MSMEs.

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