📷 Image: Wikimedia Commons / Prime Minister's Office
Business
Haryana Lowers Excess Demand Threshold, Cuts Industry Penalties
✍️ The Times of India
🗓 06 Aug 2026, 06:03 AM
👁 26
The Haryana government has lowered the excess demand threshold and reduced penalty rates for industries, aiming to ease regulatory pressure on businesses.
The state government has announced a revision to the excess demand threshold, raising it to a higher level that will allow industries to operate with greater flexibility.
Alongside the threshold change, penalty rates for exceeding the limit have been cut, reducing the financial burden on firms that may have previously faced steep fines.
Industry associations have welcomed the decision, noting that the adjustments could boost manufacturing activity and simplify compliance procedures.
The move is part of a broader strategy to attract investment and support local businesses by easing regulatory constraints.
Alongside the threshold change, penalty rates for exceeding the limit have been cut, reducing the financial burden on firms that may have previously faced steep fines.
Industry associations have welcomed the decision, noting that the adjustments could boost manufacturing activity and simplify compliance procedures.
The move is part of a broader strategy to attract investment and support local businesses by easing regulatory constraints.