According to the proposed Explosives Bill 2024, the Union government will designate the authority responsible for granting, suspending, or revoking licences, as well as carrying out other specified functions under the new legislation. Currently, the Petroleum and Explosives Safety Organisation (PESO) operating under the DPIIT is the regulatory body responsible for issuing licences for the manufacture, possession, use, sale, import, and export of any explosive material, the ET report stated.
Under the provisions of the new bill, if someone is found in possession, using, selling, or transporting any explosive in violation of the regulations, they may face imprisonment for up to two years, a fine of Rs 50,000, or both. In the current legislation, the fine stands at Rs 3,000.
The Explosives Act of 1884 empowers designated authorities to conduct inspections of premises where explosives are stored or used to ensure compliance with safety regulations. It also outlines penalties for violations of the Act, which may include fines and imprisonment.
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