Summary:

To improve supply chains and guarantee continuous industrial production, the Department for Promotion of Industry and Internal Trade (DPIIT) has implemented regulatory relaxations. Faster approvals, reduced customs duties, and focused policy support are some of the measures. With 467 applications processed swiftly, approvals for CNG and CBG infrastructure have been expedited, enhancing fuel availability and logistics. Restrictions on the export of ammonium nitrate and temporary relaxations on kerosene storage assist the stability of domestic supplies. Manufacturing sectors are also covered by reforms, such as extended boiler certificates and loosened quality standard deadlines. Increased LPG and gas allocations for sectors like paint and glass, along with duty reductions on essential raw materials, are intended to maintain operations, boost resilience, and facilitate business dealings.

Source: IBEF

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