Government Considers Amendments To Coir Industry Act To Modernise Sector
New Delhi, Nov. 9 -- The government is considering amendments to the Coir Industry Act, 1953, to modernise the sector, expand product coverage and simplify regulatory compliance for enterprises, according to reports.
Government Considers Amendments To Coir Industry Act
The Ministry of Micro, Small and Medium Enterprises (MSME) has initiated discussions on revising the Act, which governs an industry employing more than 7.5 lakh people.
The proposed changes are expected to broaden existing product definitions to include newer coir-based materials and applications, while reducing procedural delays and paperwork for businesses.
Coir exports rose 52 per cent to Rs 6,614 crore in FY26, compared with Rs 4,343 crore in FY25, marking a record ...
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