India Trade Updates
The Indian government has introduced several measures to simplify trade license procedures and improve compliance for Micro, Small, and Medium Enterprises (MSMEs).
- The government has defended Section 43B(h) in Parliament, which relates to MSME payment compliance, amid concerns that it may lead to delays in payments to MSMEs.
- Air India Express has waived cargo charges for Assam flood relief material, aiming to support the affected areas.
- The Pasighat Municipal Council has launched an online trade license portal, making it easier for residents and businesses to apply for new trade licenses.
These developments aim to promote ease of doing business and support the growth of small and medium-sized enterprises in the country.
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