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Government to notify constitution of National Traders’ Welfare Board

The commerce and industry ministry will soon notify the constitution of a National Traders’ Welfare Board that will identify ways to improve access to funds for this unorganised sector and suggest measures to simplify acts and rules applicable to traders.

The board will also make recommendations to reduce the compliance burden of traders as well as to ensure social security benefits such as insurance, pension, and healthcare for traders and their employees.

The board will be headed by a joint secretary in the DPIIT and will include representatives from other ministries.

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