Union Minister Piyush Goyal announced 80% concession in licensing fees for women entrepreneurs and 50% fee reduction for MSMEs in petroleum and explosives industries.

Union Minister Piyush Goyal announced an 80% concession in licensing fees for women entrepreneurs and a 50% fee reduction for MSMEs in the petroleum and explosives industries. The announcement, made by the Ministry of Commerce and Industry, aims to encourage greater participation and entrepreneurship by women and MSMEs. Piyush Goyal also directed PESO (Petroleum and Explosives Safety Organisation) to formulate guidelines in consultation with the CPCB (Central Pollution Control Board) and the Ministry of Petroleum and Natural Gas (MoPNG) for creating safety measures for retail outlets of petrol pumps in areas with habitation within 30-50 meters.

July 04, 2024
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