Government

Central Government constitutes the National Traders Welfare Board

Central Government constitutes the National Traders Welfare Board

MINISTRY OF COMMERCE AND INDUSTRY
(Department for Promotion of Industry and Internal Trade)
(INTERNAL TRADE SECTION)

NOTIFICATION

New Delhi, the 26th July, 2019

F.No. P-55015/2/2019-Internal Trade.—The Central Government hereby constitutes the ‘National Traders’ Welfare Board’ to advise the Government for the fulfillment of the following objectives:

i. To identify policy measures to achieve the objective of welfare of traders and their employees.

ii. To suggest simplifications in the Acts and Rules applicable to traders.

iii. To make recommendations to reduce the compliance burden of traders.

iv. To improve access to funds for traders.

v. To make recommendations regarding social security benefits like insurance, pension, healthcare etc., for traders and their employees.

vi. To make recommendations to address any other problems and issues of traders and their employees.

2. The Board shall consist of the following members, namely:—

Sl. No. Members Status Remarks
1. Person capable of representing the issues of traders Chairperson
(Non-Official)
Nominated by Central
Government
2. Up to 5 Persons having special knowledge of matters relating to the technical or other aspects of retail trade Member
(Non-Official)
Nominated by Central
Government
3. Up to 10 Representatives of Trade Associations Member
(Non-Official)
Nominated by Central
Government

3. Joint Secretary, Department for Promotion of Industry and Internal Trade (dealing with Internal Trade) shall be the Convener of the Board. Department for Promotion of Industry and Internal Trade shall provide secretarial assistance to the National Traders’ Welfare Board.

4. Representatives of following Ministries may also be invited for the meetings:

Sl. No Ministries/Departments Status Remarks
1. Department of Commerce Invitee Ex-officio
2. Department of Financial Services Invitee Ex-officio
3. Department of Agriculture Cooperation and Farmers Welfare Invitee Ex-officio
4. Ministry of Housing and Urban Affairs Invitee Ex-officio
5. Department of Revenue Invitee Ex-officio
6. Ministry of Labour and Employment Invitee Ex-officio
7. Ministry of Micro, Small and Medium Enterprises Invitee Ex-officio
8. Ministry of Electronics and Information Technology Invitee Ex-officio
9. NITI Aayog Invitee Ex-officio

5. The Board shall meet at least once in every quarter. Quorum of the meeting shall be one-third of the total Members of the Board.

6. Travelling/Dearness Allowances to the Members of the Board other than Official Members abcaus.in shall be regulated as per M/o Finance, Department of Expenditure’s OM No. 19047/1/2016-E-IV dated 14th September, 2017.

7. The term of office of the Chairperson and Members of the Board other than the Official Members shall be two years from the date of appointment, or until further orders, whichever is earlier.

ANIL AGRAWAL, Jt. Secy.

Share

Recent Posts

  • Income Tax

Payment of imprest whether a transfer within the meaning of section 269ST

Payment of imprest whether a transfer within the meaning of section 269ST – case remanded for determination In a recent…

2 days ago
  • ICAI

CA Misconduct – Order quashed as judgment not passed by same members who heard arguments.

CA Misconduct – Appellate order quashed as final judgment was not passed by same members who heard arguments. In a…

3 days ago
  • Insurance

Deceased homemaker can not be considered as dependant for award of compensation under MV Act – SC

Deceased homemaker can not be considered as dependant for award of compensation under MV Act. Courts to award a composite…

4 days ago
  • Income Tax

CIT notice u/s 263 quashed as AO rightly took DVO value of property as actual sale price

CIT Revision notice u/s 263 quashed as the Assessing Officer rightly taken DVO value of property sold as actual sale…

5 days ago
  • GST

Extension of timeline for implementation of Ship To GSTIN & Voluntary Closure of E-Way Bill functionalities

Extension of timeline for implementation of mandatory "Ship To GSTIN" and Voluntary Closure of E-Way Bill functionalities GSTN Advisory dated…

5 days ago
  • Income Tax

No protective addition required when additions is confirmed in hands of searched person – ITAT

No protective addition required in the hand of a third party when additions have been confirmed in the hands of…

6 days ago