GOVERNMENT RELAXES LICENSING RULES FOR MANUFACTURERS

Sept. 16, 2019

As part of its effort to remove the licence raj and ensure ease of doing business, Government has relaxed licensing rules for manufacturers.

About:

The commerce Ministry said that no compulsory licence would be required for manufacturers of goods, barring four segments namely:
- Cigars and Cigarettes of tobacco and manufactured tobacco substitutes
- Electronic aerospace and defence equipment
- Industrial Explosives
- Hazardous chemicals
Also, no industrial/arms licence is required for the manufacturer of any parts or accessories in the defence sector, unless specifically listed for procuring licences.

Source : Indian Express

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