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MSME ministry plans to amend Coir Industry Act 1953 to modernise infra, ease compliance burden

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MSME ministry plans to amend Coir Industry Act 1953 to modernise infra, ease compliance burden
Photo / Coverage: Livemint - News
EXECUTIVE SUMMARY

The Centre is weighing changes to the 1953 Coir Industry Act to widen its product definitions and cut red tape. The move comes as coir exports hit a record.

Key Takeaways

  • MSME ministry plans to amend Coir Industry Act 1953 to modernise infra, ease compliance burden.
  • The Centre is weighing changes to the 1953 Coir Industry Act to widen its product definitions and cut red tape.
  • The move comes as coir exports hit a record.

The Centre is weighing changes to the 1953 Coir Industry Act to widen its product definitions and cut red tape. The move comes as coir exports hit a record.

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