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India's commerce ministry has circulated notes to seek views from government think tank Niti Aayog on draft bills pertaining to five cash crops, namely tea, coffee, spices, rubber and tobacco. The ministry aims to boost their growth and foster a conducive environment for businesses by decriminalising minor offences. They plan to take the comments of the think tank and other ministries, and in due course seek the Union Cabinet's approval on the list of Spices (Promotion and Development), Rubber (Promotion and Development), Coffee (Promotion and Development), Tea (Promotion and Development) and ...

The commerce ministry had conducted stakeholder consultations on these draft bills to address the concerns

It will help attract investment, arrest flight of capital out of country

According to draft bills, new proposed legislations reflect present realities and objectives of these sectors

NEW DELHI, July 13: The proposal to repeal archaic laws on tea, coffee, spices and rubber and introduce new legislations is aimed at promoting ease of doing business and helping small farmers, Commerce and Industry Minister Piyush Goyal has said. The commerce ministry has conducted stakeholder consultations on the drafts of Spices (Promotion and Development) Bill, 2022; Rubber (Promotion and Development) Bill, 2022; Coffee (Promotion and Development) Bill, 2022; Tea (Promotion and Development) Bill, 2022 to address their concerns. The […]