Early Times Report NEW DELHI, Apr 11: The meeting, chaired by Board President Sunil Singhi, focused on improving trade ease, simplifying GST laws, and enhancing refunds. Dr. Sanjay Bansal thanked PM Modi for the Jan Vishwas Bill, which aims to reduce compliance burdens. However, he raised concerns about pending payments to traders from defaulters, urging stricter recovery mechanisms. Other discussions included promoting e-commerce, digital empowerment through ONDC's DigiDukan platform, and organizing "Trader-Entrepreneur-Administration Dialogue" events. The government reaffirmed its commitment to trader-friendly policies and simplified compliance. The board appreciated PM Modi's efforts in creating a favorable business environment. Dr. Sanjay Bansal emphasized the need for timely payments and support for traders. The meeting highlighted the importance of collaboration between traders, administration, and policymakers. The board explored new initiatives to boost trade, including the Rajasthan Trade Promotion Policy 2025, which offers incentives for e-commerce growth. The meeting also discussed the Prime Minister's Mudra Scheme, enterprise registration, and simplifying FSSAI licensing. The government aims to reduce compliance burdens and promote digital empowerment for small traders. The "Trader-Entrepreneur-Administration Dialogue" will be held in every state to address trader concerns. The Jan Vishwas Bill is expected to decriminalize various provisions, enhancing ease of doing business. The board seeks to improve trade infrastructure and support systems, ensuring timely payments and reducing disputes. With these initiatives, the government aims to create a more conducive environment for traders and businesses to thrive. |