The government is planning to introduce the draft explosives bill, 2024, as a replacement for the explosives act, 1884, which it aims to revoke. Shares of premier explosives (pel) hit a record high of rs 4,158.55 as they rallied 7.5 per cent on the bse in wednesday's.
In recent news, the indian government is planning to introduce the draft explosives bill, 2024, aiming to replace the outdated explosives act, 1884. The draft bill seeks to increase fines for violation of provisions.
This New Bill Aims To Improve The Efficiency Of Licensing.
In a note for public.
The Explosives Act Of 1884 Is A.
To regulate the manufacture, possession, use, sale, transport, import, and export of explosives.
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A Draft Document Was Prepared By The Ministry Of Finance And Comments Have Been Sought.
“consultations are currently going on pml (amendment) bill, 2024.
The Government Of India Intends To Substitute The Explosives Act Of 1884 With The Proposed Explosives Bill Of 2024.
The petroleum and explosives safety organization (peso) on april 29, 2024, notified regarding the proposal for the repeal of the explosives act, 1884 (4 of.