India extends Punjab Business Act to Chandigarh
Analysis based on 8 articles · First reported Jul 03, 2026 · Last updated Jul 04, 2026
The extension of the Punjab Right to Business Act, 2020 to India — Chandigarh is expected to significantly improve the ease of doing business, leading to increased investor confidence and potentially higher foreign direct investment in the region. This will likely boost economic activity and job creation in India — Chandigarh.
The India — Ministry of External Affairs has extended the Punjab Right to Business Act, 2020 to India — Chandigarh, with modifications to suit the Union Territory's administrative setup. This move, effective July 2, aims to reduce regulatory burdens, improve investor confidence, and streamline business approvals. A key feature is the establishment of the India — Chandigarh Bureau of Enterprise and Investment as a nodal agency to facilitate investment and approvals through a digital single-window system. The Act provides for time-bound clearances and deemed approval if decisions are delayed, benefiting businesses in IT parks, biotech parks, and Special Economic Zones.
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