The most common and most likely answer to this crossword clue is the 9 letter word REMEDYING
I've seen this crossword clue in The Daily Telegraph
R
E
M
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D
Y
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G
More clues leading to the result REMEDYING
Buddy explains!

The straight part
We know that "Putting right" is the straight/definition part of the clue. The straight part is often a synonym or definition, in this case putting right = remedying.The cryptic/wordplay part
In cryptic crossword there's often an wordplay/cryptic part as well.This part involves a more complex hint, such as an anagram, homophone, hidden word, etc.
Sadly, We don't have an explanation for this specific crossword clue yet.
What does REMEDYING mean?
REMEDYING verb- To provide or serve as a remedy for.